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2009 Proxy Statement 43
DIRECTOR COMPENSATION
The following table discloses the cash, equity awards and other compensation earned, paid or awarded, as the case may be, to
each of the Company’s independent non-management directors during the fiscal year ended 2009. For a description of the fees and
other awards payable to the Company’s directors, please refer to the section titled “Corporate Governance — Board of Directors”
contained elsewhere in this proxy statement.
Non-Equity Incentive All Other
Fees Earned or Stock Awards Option Awards Plan Compensation Compensation
Name Paid in Cash ($) ($)(1,2) ($)(1,2) ($) ($) Total ($)
Larry D. Brady $ 112,500 $ 139,976 $ 21,626 $ 0 $ 0 $ 274,102
Clarence P. Cazalot, Jr. $ 100,000 $ 139,976 $ 21,626 $ 0 $ 0 $ 261,602
Edward P. Djerejian $ 85,000 $ 139,976 $ 21,626 $ 0 $ 0 $ 246,602
Anthony G. Fernandes $ 100,000(3) $ 139,976 $ 21,626 $ 0 $ 0 $ 261,602
Claire W. Gargalli $ 93,750 $ 139,976 $ 21,626 $ 0 $ 0 $ 255,352
Pierre H. Jungels $ 85,000 $ 139,976 $ 21,626 $ 0 $ 0 $ 246,602
James A. Lash $ 90,000 $ 139,976 $ 21,626 $ 0 $ 0 $ 251,602
James F. McCall(4) $ 28,171 $ 139,976 $ 10,712 $ 0 $ 0 $ 178,859
J. Larry Nichols $ 100,000 $ 139,976 $ 21,626 $ 0 $ 0 $ 261,602
H. John Riley, Jr. $ 110,000(3) $ 139,976 $ 21,626 $ 0 $ 0 $ 271,602
Charles L. Watson $ 85,000 $ 139,976 $ 21,626 $ 0 $ 0 $ 246,602
(1) A restricted stock award was made on January 21, 2009. Stock option awards were made on January 21, 2009 and July 22, 2009 at an exercise price of $29.18 and
$39.52, respectively. The amounts included in the Stock Awards and Option Awards columns represent the aggregate grant date fair value of the awards made to
independent non-management directors computed in accordance with FASB ASC Topic 718. The value ultimately realized by the director upon the actual vesting of
the award(s) or the exercise of the stock option(s) may or may not be equal to the FASB ASC Topic 718 determined value. For a discussion of valuation assumptions,
see “Note 4 – Stock-Based Compensation” of the Notes to Consolidated Financial Statements included in our annual report under Item 8 of the Form 10-K for the
year ended December 31, 2009.
(2) The following table shows the aggregate number of stock awards and options awards outstanding for each director as of December 31, 2009 as well as the grant date
fair value of stock awards and option grants made during 2009:
Aggregate Stock Awards Aggregate Option Awards Grant Date Fair Value of Stock
Name Outstanding as of December 31 Outstanding as of December 31 and Option Awards made during 2009
Larry D. Brady 6,238 4,030 $161,603
Clarence P. Cazalot, Jr. 6,238 5,757 $161,603
Edward P. Djerejian 6,238 3,776 $161,603
Anthony G. Fernandes 6,238 9,070 $161,603
Claire W. Gargalli 6,238 5,757 $161,603
Pierre H. Jungels 6,238 3,443 $161,603
James A. Lash 6,238 5,757 $161,603
James F. McCall(4) 6,238 3,017 $150,688
J. Larry Nichols 6,238 5,757 $161,603
H. John Riley, Jr. 6,238 5,757 $161,603
Charles L. Watson 6,238 7,820 $161,603
(3) Messrs. Fernandes and Riley previously elected to have their fees deferred and thus the amounts shown above were paid to their deferred compensation accounts
pursuant to the Director Compensation Deferral Plan (discussed below).
(4) Effective April 23, 2009, James F. McCall retired from the Board of Directors.