Information Regarding Named Executive Officer Salary and Bonus Arrangements
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Human Resources
- Bonus & Incentive Agreements
EX-10.9 8 dex109.htm INFORMATION REGARDING NAMED EXECUTIVE OFFICER SALARY AND BONUS ARRANGEMENTS. Information regarding Named Executive Officer Salary and Bonus Arrangements.
EXHIBIT 10.9
Information Regarding Named Executive Officer Salary and Bonus Arrangements
The Compensation and Benefits Committee of the Board of Directors of First Data Corporation (the Company) approved: (i) an increase in the base salary for Kimberly S. Patmore, Executive Vice President and Chief Financial Officer of the Company, from $575,000 to $600,000 effective October 1, 2007; and (ii) 2008 bonus targets for Edward A. Labry III, Senior Executive Vice President of the Company, in the amount of $937,500, and for Kimberly S. Patmore, Executive Vice President and Chief Financial Officer of the Company, in the amount of $600,000.