EX-10.01
from 8-K
2 pages
September 2, 2008 Frederick W. Driscoll [Address] Re: Promotion to President & CEO of Genelabs Technologies, Inc. and Election to Board of Directors Dear Fred: On Behalf of Genelabs Technologies, Inc. (“Genelabs” or the “Company”), I Am Very Pleased to Offer You the Promotion to President & Chief Executive Officer of the Company, Effective September 2, 2008. You Will Also Become a Member of the Company’s Board of Directors as of the Same Date. Compensation in This New Capacity, You Will Receive an Initial Base Salary of $32,083.34 Per Month (Equivalent to $385,000 Per Year), Paid on a Semi-Monthly Basis on Our Regular Paydays. Deductions Required by Law or Authorized by You Will Be Taken From Each Paycheck
12/34/56