First Data 2008 Annual Report Download - page 215

Indemnification
The Company's Certificate of Incorporation provides that the Company shall indemnify and hold harmless each director to the fullest extent permitted
or authorized by the General Corporation Law of the State of Delaware.
REPORT OF THE COMPENSATION COMMITTEE
The Compensation and Benefits Committee of the Board of Directors has reviewed and discussed the Compensation Discussion and Analysis required
by Item 402(b) of Regulation S-K with management and, based on such review and discussions, the Compensation and Benefits Committee recommended to
the Board that the Compensation Discussion and Analysis be included in this Annual Report on Form 10-K.
COMPENSATION AND BENEFITS COMMITTEE
Scott C. Nuttall (Chairperson)
James R. Fisher
Tagar C. Olson
SUMMARY COMPENSATION TABLE
Name and Principal
Position Year Salary ($)
Bonus
($) (1)
Stock
Awards
($) (2)
Option
Awards
($) (3)
Non-Equity
Incentive Plan
Compensation
($)
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings ($)
(4)
All Other
Compensation
($) (5) Total ($)
Michael D. Capellas, 2008 $ 1,200,000 $ 0 $ 0 $ 4,987,462 $ 1,260,000 $ 0 $ 147,071 $ 7,594,533
Chairman & Chief Executive Officer 2007 573,077 867,945 0 0 0 0 83,869 1,524,891
Philip M. Wall, 2008 504,033 55,608 0 152,154 442,400 23,445 71,384 1,249,024
Executive Vice President & Chief Financial Officer (6) 2007 502,659 48,345 152,699 553,888 218,218 0 35,217 1,511,026
2006 387,964 0 21,437 104,346 91,399 0 36,304 641,450
Kimberly S. Patmore, 2008 375,000 0 0 0 0 1,589 3,082,272 3,458,861
Former Executive Vice President & Chief Financial Officer (7) 2007 577,083 0 2,658,286 4,583,335 600,000 50,429 129,841 8,598,974
2006 545,833 550,000 808,900 638,225 600,000 71,158 116,173 3,330,289
Edward A. Labry III,
Executive Vice President 2008 750,000 0 0 2,187,000 656,250 0 138,000 3,731,250
2007 750,000 0 1,165,308 5,530,868 937,500 7,997 34,782 8,426,455
2006 750,000 0 0 689,883 655,000 11,733 7,971 2,114,587
Grace Chen Trent, 2008 400,000 0 0 481,140 280,000 0 611,442 1,772,582
Executive Vice President 2007 107,692 217,000 0 0 0 0 133,685 458,377
David G. Yates,
Executive Vice President (8) 2008 648,620 0 309,060 328,026 612,146 37,544 513,600 2,448,996
2007 634,498 0 173,477 676,427 387,381 18,458 81,078 1,971,319
2006 553,655 0 23,695 135,182 539,915 25,445 51,454 1,329,346
(1) Mr. Wall received a retention bonus in March 2008, prior to his promotion to CFO.
(2) Amounts include all compensation expense recognized in First Data's financial statements during 2008 in accordance with SFAS 123R with respect to all restricted shares awarded under
the 2007 Stock Incentive Plan for Key Employees of First Data Corporation and its Affiliates. Mr. Yates is the only executive officer granted restricted shares under this plan. For further
information on stock awards granted in 2008, see the Grant of Plan-Based Awards Table.
(3) Amounts include all compensation expense recognized in the Company's financial statements during 2008 in accordance with SFAS 123R with respect to all stock options awarded under
the 2007 Stock Incentive Plan for Key Employees of First Data Corporation and its Affiliates. See Note 15 to the Consolidated Financial Statements included in Item 8 of this Form 10-K
for the year ended December 31,
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