Document:

Director Compensation Schedule, as adopted June 27, 2008

 Exhibit 10.2 
 EDISON INTERNATIONAL 
 DIRECTOR COMPENSATION SCHEDULE 
 As Adopted June 27, 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. 
 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. 

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 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. 
  

 3Joinder to Subsidiary Guaranty, dated as of May 30, 2008

 Exhibit 10.3 
 JOINDER TO SUBSIDIARY GUARANTY 
 The undersigned (the “Guarantor”) joins in the
Subsidiary Guaranty dated as of May 1, 2006 from the Guarantors named therein in favor of the Holders, as defined therein, and (i) jointly and severally with the other Guarantors under the Subsidiary Guaranty, guarantees to the Holders
from time to time of the Notes the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) and the full and prompt performance and observance of all Obligations (as defined in Section 2 of the Subsidiary
Guaranty), (ii) accepts and agrees to perform and observe all of the covenants set forth therein, (iii) waives the rights set forth in Section 5 of the Subsidiary Guaranty, (iv) waives the rights, submits to jurisdiction, and
waives service of process as described in Section 11 of the Subsidiary Guaranty and (v) agrees to be bound by all of the terms thereof, and the Guarantor represents and warrants to the Holders that: 
 (a) the Guarantor is validly existing and in good standing or equivalent status under the laws of its jurisdiction of organization and has
the requisite power and authority to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged; 
 (b) the Guarantor has the requisite power and authority and the legal right to execute and deliver this Joinder to Subsidiary Guaranty
(“Joinder”) and to perform its obligations hereunder and under the Subsidiary Guaranty and has taken all necessary action to authorize its execution and delivery of this Joinder and its performance of the Subsidiary Guaranty;

 (c) the Subsidiary Guaranty constitutes a legal, valid and binding obligation of the Guarantor enforceable in accordance
with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether
such enforceability is considered in a proceeding in equity or at law); 
 (d) the execution, delivery and performance of this
Joinder will not violate any provision of any requirement of law or material contractual obligation of the Guarantor and, except as provided in the Note Purchase Agreement, will not result in or require the creation or imposition of any Lien on any
of the properties, revenues or assets of the Guarantor pursuant to the provisions of any material contractual obligation of the Guarantor or any requirement of law; 
 (e) except as provided in the Note Purchase Agreement, no consent or authorization of, filing with, or other act by or in respect of, any
arbitrator or Governmental Authority is required in connection with the execution, delivery, performance, validity or enforceability of this Joinder; 

 (f) no litigation, investigation or proceeding of or before any arbitrator or
governmental authority is pending or, to the knowledge of the Guarantor, threatened by or against the Guarantor or any of its properties or revenues with respect to this Joinder, the Subsidiary Guaranty or any of the transactions contemplated hereby
or thereby; 
 (g) the execution, delivery and performance of this Joinder will not violate any provision of any order,
judgment, writ, award or decree of any court, arbitrator or Governmental Authority, domestic or foreign, or of the charter or bylaws of the Guarantor or of any securities issued by the Guarantor; and 
 (h) after giving effect to the transactions contemplated herein, (i) the present fair salable value of the assets of the Guarantor is
in excess of the amount that will be required to pay its probable liability on its existing debts as said debts become absolute and matured, (ii) the Guarantor has received reasonably equivalent value for executing and delivering this Joinder,
(iii) the property remaining in the hands of the Guarantor is not an unreasonably small capital, and (iv) the Guarantor is able to pay its debts as they mature. 
 Capitalized Terms used but not defined herein have the meanings ascribed in the Subsidiary Guaranty. This Joinder shall in all respects be
governed by, and construed in accordance with, the laws of the State of New York, including all matters of construction, validity and performance. 
  

 2 

 IN WITNESS WHEREOF, the undersigned has caused this Joinder to Subsidiary Guaranty to be duly executed as
of May 30, 2008. 
  

			
	ADS FOREIGN HOLDINGS, INC.,
	a Delaware corporation
		
	By:	 	 /s/ Alan M. Utay

	Name:	 	Alan M. Utay
	Title:	 	Vice President

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