Exhibit 10.3

 

COMPENSATORY ARRANGEMENTS OF DIRECTORS

 

The Compensation Committee of the Board of Directors of SuperMedia Inc. approved
non-management director compensation, effective as of February 16, 2012, as
follows:

 

Service(1)

 

Fee Amount ($)

 

Annual Chairman of the Board Fee

 

109,500

 

Annual Vice Chairman of the Board Fee

 

10,000

 

Annual Audit Committee Chairman Fee

 

20,000

 

Annual Compensation Committee Chairman Fee

 

20,000

 

Annual Nominating and Corporate Governance Committee Chairman Fee

 

10,000

 

Per Board Meeting Fee(2)

 

2,000

 

Per Board Committee Meeting Fee

 

2,000

 

 

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(1)           The annual cash retainer for board service is $70,000. The table
above shows director fees payable in addition to the annual retainer.

 

(2)           Board meeting fees are paid only for meetings in addition to the
regularly scheduled Board meetings.

 

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