First Data 2008 Annual Report Download - page 243

Exhibit 10.24
Named Executive Officer Salary and Bonus Arrangements
On March 23, 2009, the Compensation and Benefits Committee (the "Committee") of the Board of Directors of First Data Corporation (the "Company")
approved the following 2009 base salaries and target bonuses for the Company's named executive officers.
Name and Title
2009
Base Salary
2009
Bonus
Target (1)
Michael D. Capellas
Chairman and Chief
Executive Officer
$ 1,200,000 $ 1,800,000
Philip M. Wall
Executive Vice President
& Chief Financial Officer
$ 632,000 $ 632,000
Edward A. Labry III
Executive Vice President $ 750,000 $ 937,500
Grace Chen Trent
Executive Vice President $ 400,000 $ 400,000
David G. Yates
Executive Vice President € 498,678 € 623,348
(1) 2009 bonus funding will be determined at the discretion of the Committee at the end of the year after considering accomplishments during 2009,
which may include: (1) financial performance, as measured by 2009 EBITDA; (2) operational performance, as measured by the attainment of
business service level and operational objectives; and (3) attainment of the Company's and each executives individual performance objectives.
From time to time, the Company's executive officers receive certain perquisites and personal benefits that may include personal use of the Company's
aircraft, personal use of tickets to certain professional events, personal financial planning up to $20,000 per year, car allowance and reimbursement for
relocation and moving expenses.