exv10w30






Exhibit 10.30




EDISON INTERNATIONAL




DIRECTOR COMPENSATION SCHEDULE




As Adopted June 27, 2008 and Revised Effective December 31, 2008



Effective July 1, 2008 and except as otherwise provided below, non-employee Directors of Edison
International (“EIX”) and/or Southern California Edison Company (“SCE”) will receive the annual
retainers, meeting fees, meeting expenses and equity-based awards described below as compensation
for serving as a Director. The equity-based award provisions described below are effective for
Directors elected or reelected on or after the date of the EIX 2008 annual shareholders’ meeting.



Directors who are employees of EIX or SCE shall not receive additional compensation for serving as
Directors (other than participation in the EIX Director Matching Gifts Program). Directors who
serve on both the EIX Board and the SCE Board, and their corresponding Board Committees, will not
receive additional compensation, including additional meeting fees for SCE Board, Board Committee
and business meetings held concurrently or consecutively with a corresponding EIX Board, Board
Committee or business meeting.




Annual Retainers 



Board Retainer — Each Director will receive an annual board retainer of $45,000 to be paid in
advance in quarterly installments of $11,250 for any calendar quarter or portion thereof during
which the individual serves as a Director.



Board Committee Chair Retainer — Each Director who serves as the Chair of a Board Committee will
receive an annual retainer of $10,000, except the Director who serves as the Chair of the Audit
Committee will receive an annual retainer of $20,000. The Committee Chair retainers shall be paid
in advance in equal quarterly installments for any calendar quarter or portion thereof during which
the Director serves as a Committee Chair.



Lead Director Retainer — Each Director who serves as the lead director of the non-employee and/or
independent Director executive sessions of the Board shall receive an annual retainer of $20,000.
The retainer shall be paid in advance in equal quarterly installments for any calendar quarter or
portion thereof during which the Director serves as a Lead Director.



The quarterly retainer installments will be paid on the first business day of the calendar quarter.
Initial quarterly retainer installments will be paid as soon as possible following the date of the
election.






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Meeting Fees 



Each Director will receive $2,000 for each regular meeting, adjourned regular meeting or special
meeting of the Board attended by the Director, for each regular meeting, adjourned regular meeting
or special meeting of a Committee attended by the Director as a member of the Committee, and for
each business meeting attended at the request or invitation of the Chairman of the Board, or in the
case of Committee meetings at the request or invitation of the Chairman of the Board in
consultation with the Committee Chair on behalf of the corporation in his or her capacity as a
Director. Each Director shall receive only one meeting fee for any concurrent meeting attended by
the Director, including concurrent meetings of different Board Committees. Full meeting fees will
be paid if the Director attends any portion of any meeting.



No additional meeting fee shall be paid when the non-employee or independent members of the Board
meet in executive session immediately before, during or immediately after Board meetings.



Meeting fees will be paid on the first business day of the month following the month in which the
meeting occurred.




Meeting Expenses 



Reasonable expenses incurred by a Director to attend Board meetings, Committee meetings, or
business meetings attended on behalf of the corporation in his or her capacity as a Director will
be promptly reimbursed upon presentation of a statement of the expenses to the Secretary.
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Equity-Based Awards 



Equity-based awards (“Awards”) will be granted under and subject to the terms of the EIX 2007
Performance Incentive Plan, or a successor plan (the “Plan”), except that any
award payable in cash will be deemed paid outside of the plan. The Awards consist of fully vested
Edison International Nonqualified Stock Options (“EIX Options”), Edison International deferred
stock units (“DSUs”), and/or Edison International common stock (“Common Stock”). DSUs represent the
value of one share of Common Stock and will be






 




			
	1	 	To the extent any expense reimbursements provided for
in this Director Compensation Schedule are taxable to a Director and provide
for a deferral of compensation within the meaning of Section 409A of the
Internal Revenue Code, the Director shall complete all steps required for
reimbursement so as to facilitate payment, and any such reimbursements shall be
paid to the Director on or before December 31 of the calendar year following
the calendar year in which the expense was incurred. Such reimbursements shall
not be subject to liquidation or exchange for other benefits, and the expenses
eligible for reimbursement in one calendar year shall not affect the expenses
eligible for reimbursement in any other calendar year. The requirements of
this footnote shall be effective on 

Deecmeber 31, 2008.





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credited to the Director’s account under the EIX Director Deferred Compensation Plan and subject to the terms of that plan. Each EIX Option
represents the right to purchase one share of Common Stock. Each EIX Option will have a maximum
term of 10 years. The per share exercise price of each EIX Option will be fair market value of a
share of Common Stock on the date of grant (with such fair market value determined in accordance
with the Plan and the resolution entitled “Fair Market Value Measure for Equity-Based Awards”
adopted by the EIX Board of Directors on July 19, 2001) and will be subject to terms and conditions
approved in advance by the Board.



Annual EIX Option Award — Directors elected or reelected to the Board will receive 2,500 EIX
Options as of the date of election or reelection.



Initial Election Award — Upon the initial election of a Director to the Board, the Director will
receive 2,500 DSUs.



Annual Reelection Award — Directors reelected to the Board will receive Common Stock and/or DSUs,
to be specified in advance by the Director as provided in the next paragraph, equal in the
aggregate to 2,500 shares of Common Stock or DSUs.



Prior to the year the Annual Reelection Award is granted, the Director may elect to receive the
award entirely in shares of Common Stock, entirely in DSUs, or in any combination of each, except
that if a fractional share would result, the Common Stock portion will be rounded up to the next
whole share and the DSU portion will be rounded down to the next whole DSU. DSUs include dividend
equivalent rights that are converted to additional DSUs.



EIX Affiliate Boards — SCE non-employee Directors who do not serve on the EIX Board will receive
Awards equal in amount to EIX non-employee Directors if the SCE Board authorizes such compensation.
Differing amounts of SCE Awards, and Awards for non-employee directors of other EIX affiliates, may
only be made with additional approval of the EIX Board.




Matching Gift Program 



Directors of EIX and SCE are eligible to participate in the EIX Director Matching Gifts Program.





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