1998 Financial Statements

The following information is excerpted from Noven's 1998 Annual Report to Shareholders.

Notes to Financial Statements
Years Ended December 31, 1998, 1997 and 1996


Commitments and Contingencies

Noven has employment agreements that provide for base salaries subject to cost of living increases each year and other increases and bonuses. These agreements provide for annual commitments of approximately $657,500 in the aggregate and with terms up to 2002.

 

 

 

 

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