Special Bonus Agreement for Director James R. Fisher by First Data Holdings Inc.
First Data Holdings Inc.'s Governance, Compensation and Nominations Committee approved a one-time bonus payment of $135,000 to James R. Fisher, who serves as a director and Audit Committee Chair for both the company and its parent. This bonus is in addition to his existing compensation and does not affect the compensation of other directors. The agreement outlines the approval and payment of this special bonus.
Exhibit 10.5
DESCRIPTION OF ADDITIONAL DIRECTOR COMPENSATION
On April 19, 2012, the Governance, Compensation and Nominations Committee (the “Committee”) of the Board of Directors of First Data Holdings Inc. (“Holdings”), the parent company of First Data Corporation (the “Company”), approved a special bonus payment of $135,000 to James R. Fisher, a member of the Boards of Directors and Chairperson of the Audit Committees of the Company and Holdings. The action did not impact any of the previously reported compensation of the directors of the Company.
