Deferred Compensation Agreement between Edward A. Brennan and Company (2004)

Summary

This agreement confirms that Edward A. Brennan has chosen to defer his retainer and meeting fees for the 2004 calendar year, continuing the terms set out in a previous agreement from June 1998. By signing, Mr. Brennan agrees that his compensation will be postponed according to the earlier arrangement. The agreement is between Mr. Brennan and the Company, and it outlines the process for deferring payment of fees earned in 2004.

EX-10.11 4 d12953exv10w11.txt DEFERRED COMPENSATION AGREEMENT-EDWARD A. BRENNAN EXHIBIT 10.11 January 12, 2004 Mr. Edward A. Brennan 400 North Michigan Avenue Suite 400 Chicago, IL 60611 Dear Ed: You've elected to defer your retainer and meeting fees for calendar year 2004. In June 1998, you and the Company entered into an agreement governing the fees you had deferred through that date. That agreement is attached. I'm assuming you want to continue to defer your fees in accordance with the June 1998 letter. If so, please sign below and return to me. If you want another agreement, please let me know the details and we'll see what we can do. Thank you for your cooperation and if there are questions, please let me know. Very truly yours, Charles D. MarLett Corporate Secretary Deferral of 2004 fees to be in accordance with June 2, 1998 letter: AGREED: /s/ Edward A. Brennan DATE: 1/19/2004 -------------------------- --------------------- Edward A. Brennan P.S. I'm enclosing two originals - one to be returned to me and the other for your files. Attachment