ONVO stock ownership guidelines require each executive officer to acquire and maintain a meaningful ownership interest in Organovo. The stock ownership guidelines require:
• Our Chief Executive Officer to accumulate and hold shares valued at five times his base salary within five years;
• Our other executive officers to accumulate and hold shares valued at three times their base salaries within five years; and
• Our non-employee directors to accumulate and hold shares valued at four times their annual cash retainer within five years.
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