Exhibit 10.74
Summary Sheet
Compensation and Benefits for Named Executive Officers 1
Effective September 1, 2006
The employment of R. Kerry Clark, Robert D. Walter and Ronald K. Labrum with Cardinal Health, Inc. (the " Company" ) is governed by employment agreements dated April 17, 2006, April 17, 2006 (as amended August 2, 2006) and November 5, 2003 (as amended September 15, 2005 and May 29, 2006), respectively. These employment agreements outline certain elements of each employee' s compensation and benefits. David L. Schlotterbeck and Jeffrey W. Henderson do not have employment agreements with the Company, but certain of Messrs. Schlotterbeck' s and Henderson' s compensation arrangements are set forth in a retention agreement dated August 31, 2004 (as amended November 2, 2005) and an offer letter dated April 13, 2005 (as amended August 5, 2006), respectively. Each employee named in the table below is a party to equity incentive award agreements with the Company and is eligible to receive future equity incentive awards (with the exception of Mr. Labrum). Messrs. Clark' s and Walter' s employment agreements contain specific provisions regarding equity incentive awards. In addition to being eligible to receive cash awards under the Company' s annual cash incentive award program, Messrs. Clark, Schlotterbeck and Henderson are eligible to receive cash awards under the Cardinal Health, Inc. Long-Term Incentive Cash Program for the Fiscal Years 2006-2008, which was previously disclosed in Forms 8-K dated November 1, 2005 and August 1, 2006. The following are additional details concerning compensation and benefits for these employees.
Name and
Principal Position
Current Annual
Base Salary
Current
Annual Cash
Incentive Target
Retirement
Benefits
Other Ge ...
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