Gabriel B. Vegh

This is a page dedicated to get more information for investors to evaluate the management style of Gabriel B. Vegh who is a Founder of Cardima, Inc.

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Here is a copy of personal Bio that we found:

Mr. Vegh is party to an employment agreement dated November 5, 2004, which supersedes a prior agreement dated August 30, 2000. The agreement provides for a salary of not less than $275,000 for Mr. Vegh's services as Chairman and Chief Executive Officer and accelerated vesting of all of Mr. Vegh's options issued prior to the date of the agreement in the event of a "Change in Control" of the Company (as such term is defined in the agreement) and the acceleration of Mr. Vegh's options granted after the date of the agreement by the same number of months of completed months of vesting for such options. In addition, Mr. Vegh is eligible for an annual bonus to be determined by the Board of Directors. In the event Mr. Vegh is terminated for other than for "Cause" (as such term is defined in the agreement), Mr. Vegh will receive his base salary and the Company's standard benefits package for an additional 36 months, will receive a bonus for each of the three Company fiscal years coinciding with or immediately following his termination based upon the average bonus he received in the preceding three years prior to his termination, will have his stock options vest on an accelerated basis as described above, and will have ninety days from the date of termination of his employment to exercise his vested options.