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Ex-10.3 Annual Retainer Summary For Board of Directors

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Exhibit 10.3 MEMORANDUM To: Board of DirectorsFrom: Bob LichtDate: June 19, 2009Subject: Director Fees and Expenses The following is a summary of the retainers and meeting fees payable to directors effective July 1, 2009. Retainers and Fees Annual Retainers $35,000 Board retainer$20,000 additional annual retainer for chair of Finance and Audit Committee$5,000 additional annual retainer for members of Finance and Audit Committee (other than Chair)$15,000 additional annual retainer for chairs of Corporate Governance Committee, Compensation and Management Development Committee and Transaction Committee$60,000 additional annual retainer for Chairman of the Board Annual retainers will be paid in four equal quarterly installments. Meeting Fees $2,500 each Board meeting attended (in person or by videoconference)$1,500 each Board meeting attended (by teleconference)$1,500 each committee meeting attended (in person or by teleconference) Meeting fees will be paid for attendance at formal meetings of the Board or its committees, i.e., those for which meeting minutes are prepared. Meeting fees will not be paid for informal gatherings of directors. Special Service Fee (extraordinary) $1,000 each full day of
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