Exhibit 10.3
CERTAIN COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS
On April 25, 2005, the Compensation & Organization Committee of the Board of Directors approved the following annual base salaries for the named executive officers (as defined in Item 402(a)(3) of Regulation S-K) of ÁñÁ«ÊÓƵ, such base salaries to become effective on May 1, 2005:
| J. P. Surma |
$ | 925,000 | |
| D. D. Sandman |
$ | 555,000 | |
| J. H. Goodish |
$ | 575,000 | |
| G. R. Haggerty |
$ | 470,000 | |
| J. J. Connelly |
$ | 360,000 |
Each of the named executive officers listed above is also provided with the following perquisites: occasional personal use of corporate aircraft, corporate properties and sports and cultural tickets; club memberships; financial planning and tax preparation services; and a parking space.