**Exhibit 10.8**

**Summary ofNon-Employee Director and Named Executive Officer Compensation Arrangements**

***Director Compensation***

Thefollowing table sets forth current rates of cash compensation for non-employeedirectors:

| Annual Retainer:                           |   |   |   |
|--------------------------------------------|--------|--------|--------|
| Chairman                                   |   | $      | 75,000 |   |
| Non-employee directors other than Chairman |   | $      | 24,000 |   |
| Committee Chair  Annual Retainer:          |   |   |   |
| Audit Committee                            |   | $      | 12,000 |   |
| Compensation Committee                     |   | $      | 6,000  |   |
| Nominating and Governance Committee        |   | $      | 6,000  |   |
| Board Meeting Attendance Fees              |   | $      | 1,500  |   |
| Committee Meeting  Attendance Fees         |   | $      | 1,500  |   |

 

In addition to cash compensation, under the terms ofour Stock Appreciation Rights Plan non-employee directors receive an annualaward of 2,700 stock appreciation rights. Non-employee directors received anaward of 5,000 stock appreciation rights when the Stock Appreciation RightsPlan was approved at the 2004 Annual Meeting of Shareholders and each newdirector will receive an award of 5,000 stock appreciation rights upon initialelection by the shareholders. The price and terms of stock appreciation rightsare established by our Board of Directors’ Compensation Committee. Stockappreciation rights are historically granted at the reported market value of aCascade share at the grant date, become exercisable on an annual basis ratablyover four years, and have a 10-year term.

Non-employee directors arealso reimbursed for travel and other expenses attendant to membership on theCascade board.

***Executive Compensation***

*Base Salary.**  *All of Cascade’s named executiveofficers are at-will employees whose compensation and employment status may bechanged at any time by the Board of Directors. Base salary increases aredetermined annually by the Board of Directors and become effective on February 1of each year. The following table sets forth the current base salaries ofCascade’s executive officers and their titles as of the date of filing ofCascade’s Form 10-K for the fiscal year ended January 31, 2007:

| **Named Executive Officer**                                     | ** ** | ** ** | ** ** | **Fiscal 2008  Base Salary** | ** ** |
|---------------------------------------------------------------------------|------------|------------|------------|----------------------------------------|------------|
| Robert C.  Warren, Jr.,*President and Chief  Executive Officer*      |       |       | $          | 500,000                                |       |   |
| Terry H. Cathey,*Senior Vice President and Chief Operating Officer*       |       |       | 290,000    |                                   |       |
| Richard S.  Anderson,*Senior Vice President and Chief Financial  Officer* |       |       | 290,000    |                                   |       |
| Gregory S.  Anderson,*Senior Vice President-Human Resources*              |       |       | 200,000    |                                   |       |
| Joseph G. Pointer,*Vice President-Finance*                                |       |       | 200,000    |                                   |       |

 

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*Annual Incentive.**  *The named executive officers arealso eligible to receive an incentive payment following the end of each fiscalyear under an executive incentive plan approved by Cascade’s Board ofDirectors. Fiscal 2007 incentives approved for the executive officers are shownin the following table:

| **Named Executive Officer**                                     | ** ** | ** ** | ** ** | **Fiscal 2007  Incentive** | ** ** |
|---------------------------------------------------------------------------|------------|------------|------------|---------------------------------|------------|
| Robert C.  Warren, Jr.,*President and Chief  Executive Officer*      |       |       | $          | 579,600                         |       |   |
| Terry H. Cathey,*Senior Vice President and Chief Operating Officer*       |       |       | 324,000    |                            |       |
| Richard S.  Anderson,*Senior Vice President and Chief Financial  Officer* |       |       | 324,000    |                            |       |
| Gregory S.  Anderson,*Senior Vice President-Human Resources*              |       |       | 198,000    |                            |       |
| Joseph G. Pointer,*Vice President-Finance*                                |       |       | 198,000    |                            |       |

 

Annual executive incentive payments are structured toencourage the building of shareholder value by maximizing Cascade’s pre-taxincome. The incentive payments of theexecutives named above were made under an executive incentive plan for thefiscal year ended January 31, 2007, under which the executives wereeligible to receive a specified percentage (depending on position) of pre-taxincome before non-recurring items, incentive payments and certain otherexpenses (“IBT”) if IBT exceeded $36 million. The percentage of IBT eachexecutive was entitled to receive increased if IBT exceeded $45 million, andincreased again if IBT exceeded $65 million. Annual incentive payments arelimited to a maximum award amount for each executive,  IBT for fiscal 2007 was $69.3 million,resulting in incentive payments to all eligible executive officers of 100% ofthe maximum amount participants could have received, with the exception of Mr. Warren,who suggested to the Compensation Committee and the Board of Directors that hisincentive payment be adjusted downward by 10% due to results from Cascade’sEuropean operations that were below expectations.

*Long-termIncentive.**  *Thethird component of executive compensation for Cascade’s executive officers islong-term incentive awards. Long-term incentive awards granted in fiscal 2007consisted of awards of stock appreciation rights under our Stock AppreciationRights Plan. The stock appreciation rights were granted with an exercise priceequal to the fair market value of Cascade’s common stock on the date of theaward, have a term of 10 years and become exercisable ratably over fouryears.

The number of stock appreciation rights awarded to named executiveofficers in fiscal 2007 are shown in the following table:

| **Named Executive Officer**                                     | ** ** | ** ** | ** ** | **Stock  Appreciation  Rights  Awarded in   Fiscal 2007** | ** ** |
|---------------------------------------------------------------------------|------------|------------|------------|--------------------------------------------------------------------------|------------|
| Robert C.  Warren, Jr.,*President and Chief  Executive Officer*      |       |       | 3,500      |                                                                     |       |
| Terry H. Cathey,*Senior Vice President and Chief Operating Officer*       |       |       | 25,000     |                                                                     |       |
| Richard S.  Anderson,*Senior Vice President and Chief Financial  Officer* |       |       | 25,000     |                                                                     |       |
| Gregory S.  Anderson,*Senior Vice President-Human Resources*              |       |       | 25,000     |                                                                     |       |
| Joseph G. Pointer,*Vice President-Finance*                                |       |       | 17,500     |                                                                     |       |

 

*BenefitPlans and Other Arrangements.**  *Executive officers are alsoeligible to participate in Cascade’s broad-based benefit programs generallyavailable to all salaried employees, including health, disability, lifeinsurance and defined contribution retirement plan. The executives also receivecertain perquisites offered by Cascade including the use of company automobilesand tax reimbursements related thereto.

Messrs. Warren, Cathey, and R.S. Anderson areeach a party to a Severance Agreement with Cascade, which are Exhibits 10.3,10.2, and 10.1, respectively, to Cascade’s Form 10-K for fiscal2007.

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