TheAllstate Corporation Director Compensation AllstateProposed Compensation Package (effective June1, 2007)
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EX-10.1 2 a06-19355_1ex10d1.htm EX-10.1
Exhibit 10.1
The Allstate Corporation
Director Compensation
Allstate Proposed Compensation Package
(effective June 1, 2007)
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| Annual |
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| Current (3) |
| Proposed (3) |
| Payment Date |
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| Board Retainer: (1) |
| $ | 40,000 |
| $ | 40,000 |
| June 1 |
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| Committee Chair Retainer: (1) |
| $ | 10,000 |
| $ | 15,000 |
| June 1 |
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| Annual Restricted Stock Unit Grant: (2) |
| 2,000 units |
| 2,000 units |
| December 1 |
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| Stock Option Grant: |
| 4,000 shares |
| 4,000 shares |
| June 1 |
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(1) Option to elect cash or stock; cash can be deferred.
(2) RSUs are settled in stock one year after termination of Board service or upon death or disability, if earlier.
(3) Pro rata adjustments for interim elections.
