exv10w44






Exhibit 10.44




Summary of Compensation Arrangements with Named Executive Officers

(As of August 20, 2010)



The following summarizes, as of August 20, 2010, the cash compensation and benefits received by the
Company’s President and Chief Executive Officer, Executive Vice President and Chief Financial
Officer and the other officers who will be named in the Summary Compensation Table in the proxy
statement for the Company’s upcoming Annual Meeting of Stockholders (collectively, the “Named
Executive Officers”), excluding our previous Vice Chairman, President and Chief Operating Officer,
Kenneth F. Spitler, and our previous Executive Vice President, South and West U.S. Foodservice
Operations, Stephen W. Smith, both of whom will be named in the Summary Compensation Table in the
proxy statement but are no longer employees of the Company. The following is a summary of existing
oral at-will arrangements, and does not provide any additional rights.



The executive officers of the Company serve at the discretion of the Board of Directors. The
Compensation Committee of the Board (the “Committee”) reviews and determines the compensation and
benefits that are paid to the Company’s executive officers, including the Named Executive Officers.



The current salaries of the Named Executive Officers are as follows:




	 	 	 	 	 

	William J. DeLaney

President and Chief Executive Officer
	 	$	1,000,000	 
	Robert C. Kreidler


Executive Vice President and Chief Financial Officer
	 	$	525,000	 
	Larry G. Pulliam


Executive Vice President, Foodservice Operations
	 	$	550,000	 
	Michael W. Green


Executive Vice President, Foodservice Operations
	 	$	550,000	 





The Named Executive Officers are also eligible to participate in the Company’s executive and
regular benefit plans and programs, as described below. All executive benefit plans and agreements
are filed as exhibits to the Company’s Exchange Act filings. Information regarding these plans and
agreements, as well as compensation paid or earned during fiscal 2010, will be included in the
Company’s 2010 Proxy Statement.




Management Incentive Plan



The Named Executive Officers are eligible to receive an annual incentive bonus under the Sysco
Corporation Management Incentive Plan (the “MIP”).






 









 








Deferred Compensation Election



MIP participants, including the Named Executive Officers, may defer up to 40% of their annual
incentive bonus under the Executive Deferred Compensation Plan (“EDCP”). They may also elect to
defer all or a portion of their salary under the EDCP. For deferrals of up to 20% of the annual
incentive bonus, the EDCP provides for Sysco to credit the participant’s deferred compensation
account in an amount equal to 15% of the amount deferred.




Stock Options, Restricted Stock and Restricted Stock Units



The Named Executive Officers are eligible to receive options under Sysco’s stock option plans,
including the 2007 Stock Incentive Plan, in such amounts and with such terms and conditions as
determined by the Committee at the time of grant. The 2007 Stock Incentive Plan also allows for the
issuance of restricted stock grants and restricted stock units.




Cash Performance Unit Plan



The Named Executive Officers are eligible to participate in the Sysco Corporation 2008 Cash
Performance Unit Plan.




Supplemental Executive Retirement Plan



The Named Executive Officers are also eligible to participate in a Supplemental Executive
Retirement Plan (the “SERP”).




Other Benefits



The Named Executive Officers also participate in Sysco’s regular employee benefit programs, which
include a defined benefit retirement plan, a 401(k) plan with Company match, group medical and
dental coverage, group life insurance and other group benefit plans. They are also provided with
additional life insurance benefits, as well as long-term disability coverage and certain
perquisites and personal benefits.