ARTHUR B. LAFFER, PH.D. - Corporate Board Profile

Oncotelic Therapeutics, Inc.

Filing Date	Source Excerpt
2004-04-30	The Audit Committee consists of Messrs. William N. Shiebler, Per-Olof Söderberg and Arthur B. Laffer (Chairman). During 2003, the Audit Committee held three meetings. Our Audit Committee has the authority to retain and terminate the services of our independent accountants, reviews annual financial statements, considers matters relating to accounting policy and internal controls and reviews the scope of annual audits. The Board has determined that Dr. Laffer is an "audit committee financial expert," as the Securities and Exchange Commission has defined that term in Item 401 of Regulation S-K. The Board of Directors has adopted a charter for the Audit Committee, which is reviewed and reassessed annually by the Audit Committee. The Compensation Committee consists of Messrs. Arthur B. Laffer (Chairman) and William N. Shiebler. During 2002, the Compensation Committee held five meetings. The Compensation Committee makes recommendations to the Board of Directors regarding the compensation philosophy and compensation guidelines for our executives, the role and performance of our executive officers, appropriate compensation levels for our Chief Executive Officer and other executives based on a comparative review of compensation practices of similarly situated businesses, and the design and implementation of our compensation plans and the establishment of criteria and the approval of performance results relative to our incentive plans. In fiscal 2003, Mr. Laffer received cash compensation of $20,000 for his assistance in the completion of the private placement equity financing in June 2003. The Board of Directors formed a Nominating and Governance Committee (the "Nominating Committee") in March 2004. This Committee has three members, Messrs. William N. Shiebler (Chairman), Per-Olof Söderberg and Arthur B. Laffer.
2005-05-19	Under this plan, independent directors receive an annual retainer of $25,000 plus $1,500 for attendance at each Board meeting. In addition, each Board committee chairman receives an annual retainer of $7,500.
2006-04-28	The Audit Committee consists of Messrs. William N. Shiebler, Per-Olof Söderberg, J. Richard Zecher and Arthur B. Laffer (Chairman). The Compensation Committee consists of Messrs. Arthur B. Laffer (Chairman), William N. Shiebler and J. Richard Zecher. The Nominating and Governance Committee consists of Messrs. William N. Shiebler (Chairman), Per-Olof Söderberg and Arthur B. Laffer.
2007-04-27	Arthur B. Laffer, PH.D. Age: 66 Director Since: 1998 ...The Audit Committee consists of Messrs. William N. Shiebler, Per-Olof Söderberg, J. Richard Zecher and Arthur B. Laffer (Chairman). ...The Compensation Committee consists of Messrs. Arthur B. Laffer (Chairman), William N. Shiebler and J. Richard Zecher. ...The Nominating and Governance Committee consists of Messrs. William N. Shiebler (Chairman), Per-Olof Söderberg and Arthur B. Laffer. ...Arthur Laffer $53,500 total compensation as director.
2008-04-28	Arthur B. Laffer, Ph.D. Age: 67 Director Since: 1998 Dr. Laffer has been the Chairman of Laffer Associates, an economic research and financial consulting firm, since 1979. ... During 2007, the Audit Committee consisted of Messrs. William N. Shiebler, Per-Olof Söderberg, J. Richard Zecher and Arthur B. Laffer (Chairman). ... During 2007, the Compensation Committee consisted of Messrs. Arthur B. Laffer (Chairman), William N. Shiebler and J. Richard Zecher. ... During 2007, the Nominating and Governance Committee consisted of Messrs. William N. Shiebler (Chairman), Per-Olof Söderberg and Arthur B. Laffer. ... The following table shows the total compensation paid or accrued during the fiscal year ended December 31, 2007 to each of our directors. Arthur Laffer Fees Earned or Paid in Cash: $72,250 Stock Awards: $0 Option Awards: $0 All Other Compensation: $0 Total: $72,250
2009-04-07	Arthur B. Laffer, Ph.D. Age: 68 Director Since: 1998 Dr. Laffer has been the Chairman of Laffer Associates, an economic research and financial consulting firm, since 1979. Audit Committee: During 2008, the Audit Committee consisted of Messrs. Arthur B. Laffer (Chairman), Roy H. Fickling, William N. Shiebler, Per-Olof Söderberg and J. Richard Zecher. Compensation Committee: During 2008, the Compensation Committee consisted of Messrs. Arthur B. Laffer (Chairman), Roy H. Fickling, William D. Schwieterman, M.D. William N. Shiebler and J. Richard Zecher. Nominating and Governance Committee: During 2008, the Nominating and Governance Committee consisted of Messrs. William N. Shiebler (Chairman), Roy H. Fickling, Arthur B. Laffer and Per-Olof Söderberg. Director Compensation: Arthur Laffer received $46,500 in stock awards as director compensation in 2008.