Document:

Director Compensation Summary

 EXHIBIT 10.36 
  
 RYERSON TULL, INC. 
 Directors’ Compensation Summary 
  
 Directors Compensation
Plan 
  
 Our non-employee directors receive compensation consisting of cash
and restricted stock. The annual base fee is $80,000. We also pay non-employee directors $1,000 for attending a special Board meeting and $1,000 for attending a special committee meeting that is not held in connection with a regular or special Board
meeting. The Chairs of the Compensation Committee and of the Nominating and Governance Committee receive an additional annual fee of $4,000; and the Audit Committee Chair receives an additional fee of $8,000 per year. No fees are paid to members of
the Executive Committee. Non-employee directors are reimbursed for actual expenses to attend meetings. The Chairman of the Board, who is our employee, is not paid any of these base fees or special fees and receives no extra pay for serving as a
director. 
  
 We pay the $80,000 annual base fee described above $40,000 in cash
and $40,000 in shares of our common stock. The non-employee directors can choose to receive all or any part of the $40,000 cash portion in whole shares of our common stock. A total of 461,000 shares of our common stock are reserved for issuance
under the Directors’ Compensation Plan, with a total of 147,195 available for grant under the Plan. 
  
 We pay the cash portion of the annual fee quarterly, prorating the quarterly payment if a director serves for part of a quarter. We pay the stock portion as restricted stock issued at the beginning of the
director’s term, with a prorata portion of those shares vesting at each the end of each calendar quarter. The non-employee directors receive the same cash dividends on the restricted stock as a stockholder of our common stock. If a director
leaves the Board early, he or she forfeits any shares that are still restricted and have not yet vested. 
  
 The non-employee directors can choose to defer payment of all or any portion of their fees into Ryerson Tull stock equivalents with dividend equivalents or into a deferred cash account that earns interest at the prime
rate in effect at JPMorgan Chase & Co. (or its successor). We pay the deferred amounts in from one to ten installments after the director leaves the Board. 
  

Until the 2003-2004 director term, we paid a portion of the annual base fee in stock options awarded to each non-employee director. One director appointed to the Board
in January 2004 received an option for 800 shares, representing the pro rata portion of the remainder of the 2003-04 director term served by this director. The option exercise price equaled the fair market value of our common stock on the grant
date. The options vest 50% on the six-month anniversary of the grant date and 100% at one year from date of grant. They expire no later than 10 years after the date of grant. 
  
 Insurance and Indemnification 
  
 We pay the premiums on a business accident insurance policy insuring each director for up to $500,000. We maintain directors’ and officers’ insurance coverage
for the directors, executive officers and the Company. The Company also has entered into an indemnification agreement with each director to preserve the maximum protections provided by state corporation law and our By-laws and to provide assurance
to directors and officers regarding future rights to indemnification.Form of Option Agreement Under Ryerson's Compensation Plan

 Exhibit 10.37 
  
 Form of Option Agreement under the 
 Ryerson Tull Directors’ Compensation Plan 
  
 Ryerson Tull, Inc. 
  
 Directors’ Compensation
Plan 
  
 Non-Qualified Stock Option Agreement 

 
 Pursuant to the terms and conditions of the Ryerson Tull Directors’ Compensation
Plan (the “Plan”), you have been granted a Non-Qualified Stock Option to purchase shares (the “Option”) of stock as outlined below. 
  

			
	Grant Date:	  	 
		
	Options Granted:	  	 
		
	Option Price per Share:	  	 
		
	Expiration Date:	  	 
		
	Vesting Schedule:	  	 50% on 6-month grant date anniversary
 100% on 1-year
grant date anniversary

  
 In the event that any provision of
the agreement is inconsistent with the Plan, the terms and conditions of the Plan shall govern. The Nominating and Governance Committee (the “Committee”) shall have the authority to interpret this agreement and to determine all questions
which may arise in connection with the option or any exercise thereof, and all such interpretations and determinations shall be conclusive and binding on all persons. 
  

 To the extent not specified in the Plan, the terms of the award have been determined by the Committee, as
outlined in this Agreement. To the extent applicable, capitalized terms used herein shall have the meaning set forth in the Plan. 
  

	1.	Expiration. If your service as a director of the Company terminates for any reason, the Option may be exercised by you, or your duly appointed legal representative or any
transferee with respect to all or any part of the shares as to which the Option was then exercisable and not exercised earlier, for a period ending on the fifth anniversary of the Termination Date (the first anniversary if the Termination Date is
due to death) or the expiration date of the Option, whichever is earlier; provided, however, that if the Termination Date occurs due to Cause, the Option will not be exercisable after your Termination Date. The term “Cause” means the
termination of service as a director of the Company due to (a) gross misconduct, or (b) a conflict of interest. 

  

	2.	Exercise. The Option may be exercised only as follows: 

  

	 	(a)	By delivery to the Company of written notice specifying the number of shares to be purchased and accompanied by payment to the Company in full of the Option Price. The Option Price
may be paid in cash or (unless otherwise prohibited by the Committee) in shares of Stock which have been held for at least six months prior to the date of the Option exercise and which have a Fair Market Value equal to the Option Price, or in any
combination. If you or your transferee delivers a certificate or certificates representing a larger number of shares than are required for payment in full of the Option Price, a certificate for the number of shares above the number required for
payment will be issued. 

  
 OR 
  

	 	(b)	Through the stock option exercise program developed in cooperation with Morgan Stanley. 

  

	3.	Nontransferability. You may not sell, assign, transfer, pledge or otherwise dispose of or encumber the Option except: (a) by will or the laws of descent and distribution; or
(b) only if such transfer does not affect the exemption provided by Rule 16b-3, you may transfer the Option (a) to your spouse or descendants, (b) to a trust for your benefit, or for the benefit of your spouse or descendants, or (c) after
retirement, as a charitable contribution, as defined in section 170(c) of the Code. All such transfers are subject to the establishment of such requirements or entry into such agreements as the Company may reasonably require to administer the Plan
or to assure compliance with applicable tax, securities and other laws. The Option will be exercisable only by you, your duly appointed legal representative or your transferee. 

  

 2Amendment ot Amended and Restated Rights Agreement

 Exhibit 4.1 
  

AMENDMENT 
 TO 
 AMENDED AND RESTATED 
 PREFERRED STOCK RIGHTS
AGREEMENT 
  
 This AMENDMENT TO AMENDED AND RESTATED RIGHTS
AGREEMENT (the “Amendment”) is entered into as of the 20th day of March, 2005, between Pinnacle Systems, Inc., a California corporation (the “Company”), and Mellon Investor Services LLC (f/k/a ChaseMellon Shareholder Services,
L.L.C.) (the “Rights Agent”). Capitalized terms not defined herein shall have the meanings given them in the Rights Agreement (as defined below). 
  
 RECITALS 
  
 WHEREAS, pursuant to that certain Amended and Restated Preferred Stock Rights Agreement dated as of October 20, 2004 between the Company and Mellon
Investor Services LLC f/k/a ChaseMellon Shareholder Services, L.L.C. (the “Rights Agreement”), the Board on December 12, 1996 (i) authorized the issuance and declared a dividend of one right (a “Right”) for each share of the
Common Stock of the Company outstanding as of the close of business on December 27, 1996, each Right representing the right to purchase one one-thousandth (0.001) of a share of Series A Participating Preferred Stock of the Company upon the terms and
subject to the conditions set forth in the Rights Agreement, and (ii) further authorized the issuance of one Right with respect to each share of Common Stock of the Company that shall become outstanding between the Record Date and the earlier of the
Distribution Date and the Expiration Date (as such terms are defined in the Rights Plan) and in certain circumstances after the Distribution Date. 
  
 WHEREAS, pursuant to Section 27 of the Rights Agreement, prior to the occurrence of a Distribution Date, the Company may amend any provision of the Rights
Agreement. 
  
 WHEREAS, to the knowledge of the Board, there has
been no occurrence of the Distribution Date. 
  
 WHEREAS, the
Board has determined that it is in the best interest of the Company and its shareholders to amend the Rights Agreement as set forth herein immediately prior to and in connection with the execution of that certain Agreement and Plan of Merger by and
among Avid Technology, Inc. (“Avid”), Highest Mountain Corporation (“Sub”) and the Company dated as of March 20, 2005, as the same may be amended from time to time (the “Merger Agreement”) pursuant to which, among other
things, Sub shall merge with and into the Company (the “Merger”). 
  
 WHEREAS, the Company has requested that the Rights Agreement be amended in accordance with Section 27 of the Rights Agreement, as set forth herein, and the Rights Agent is willing to amend the Rights Agreement as set
forth herein. 
  

 1 

 AGREEMENT 
  

NOW, THEREFORE, the parties, intending to be legally bound, hereby agree as follows: 
  
 1. The first sentence of Section 1(a) of the Rights Agreement is hereby amended to read in its entirety as follows:

  
 “(a) “Acquiring Person” shall
mean any Person, who or which, together with all Affiliates and Associates of such Person, without the prior approval of the Board of Directors, shall be the Beneficial Owner of 15% or more of the Common Shares then outstanding, but shall not
include the Company, any Subsidiary of the Company or any employee benefit plan of the Company or of any Subsidiary of the Company, or any entity holding Common Shares for or pursuant to the terms of any such plan.” 
  
 2. Section 1(q) of the Rights Agreement is hereby amended to read in its
entirety as follows: 
  
 ““Expiration
Date” shall mean the earliest to occur of: (i) the Close of Business on the Final Expiration Date, (ii) the Redemption Date, (iii) the time at which the Board of Directors orders the exchange of the Rights as provided in Section 24
hereof, or (iv) immediately prior to the Effective Time (as defined in that certain Agreement and Plan of Merger dated as of March 20, 2005, as the same may be amended from time to time (the “Merger Agreement”) by and among Avid
Technology, Inc., a Delaware corporation (“Avid”), Highest Mountain Corporation, a California corporation and wholly-owned subsidiary of Avid, and the Company) (the earliest of (i), (ii), (iii) or (iv) being referred to as the
“Expiration Date”).” 
  
 3. The first paragraph of
Section 26 of the Rights Agreement is hereby amended to read in its entirety as follows: 
  
 “Notice or demand authorized by this Agreement to be given or made by the Rights Agent or by the holder of record of any Rights Certificate or Right to or on behalf of the Company shall be sufficiently given or
made if sent by first-class mail, postage prepaid, addressed (until another address is filed in writing with the Rights Agent) as follows: 
  
 Pinnacle Systems, Inc. 
 280 North Bernardo Avenue 
 Mountain View, California 94043 
 Attention: Chief Executive Officer

  
 with a copy to: 
  
 DLA Piper Rudnick Gray Cary US LLP 
 2000
University Avenue 
 Palo Alto, California 94 

			
	 Attention:
	  	Gregory M. Gallo, Esq.
	 	  	Diane Holt Frankle, Esq.”

  

 2 

 4. Section 35 of the Rights Agreement is hereby added as follows: 
  
 “35. Avid Transaction. Notwithstanding any
provision of this Rights Agreement to the contrary, no Distribution Date, Shares Acquisition Date, flip-in or flip-over shall be deemed to have occurred, neither Avid nor any Affiliate or Associate of Avid shall be deemed to have become an Acquiring
Person and no holder of Rights shall be entitled to exercise such Rights under or be entitled to any rights pursuant to Section 7(a), 11(a)(ii) or 13(a) of this Rights Agreement solely by reason of (x) the approval, execution, delivery or
effectiveness of the Merger Agreement or (y) the consummation of the transactions contemplated under the Merger Agreement in accordance with the terms thereof (including, without limitation, the consummation of the Merger), provided that if, after
March 20, 2005, Avid or any its Subsidiaries or any of their respective Affiliates or Associates becomes the Beneficial Owner of any shares of Common Stock of the Company (other than by reason of the approval, execution, delivery or effectiveness of
the Merger Agreement or the consummation of any of the transactions contemplated thereby) the provisions of this Section 35 (other than this proviso) shall not be applicable.” 
  
 5. This Amendment shall be deemed effective as of March 20, 2005 as if executed by both parties on such date. Except as
amended hereby, the Rights Agreement shall remain unchanged and shall remain in full force and effect. 
  
 6. This Amendment may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one
instrument. 
  
 [Remainder of Page Intentionally Left Blank]

  

 3 

 IN WITNESS WHEREOF, the parties have caused this Amendment to be executed themselves or by their
respective duly authorized representatives as of the date first above written. 
  

			
	PINNACLE SYSTEMS, INC.
		
	By:	 	/s/    SCOTT E. MARTIN        
	 Name:
	 	Scott E. Martin
	 Title:
	 	Senior Vice President

  

			
	MELLON INVESTOR SERVICES LLC
		
	By:	 	/s/    JOSEPH W.
THATCHER        
	 Name:
	 	Joseph W. Thatcher
	 Title:
	 	Vice President

  

 4 

 OFFICER’S CERTIFICATE 
  
 The undersigned, Scott E. Martin, the Senior Vice President of Pinnacle Systems, Inc., hereby delivers this Certificate
pursuant to Section 27 of the Amended and Restated Preferred Stock Rights Agreement, dated as of October 20, 2004 (the “Rights Agreement”), between Pinnacle Systems, Inc., a California corporation (the “Company”),
and Mellon Investor Services LLC, as Rights Agent (the “Rights Agent”). 
  
 The undersigned certifies that the proposed Amendment to Rights Agreement (the “Amendment”), the form of which is attached hereto as Annex A, is in compliance with the terms of Section 27 of the Rights
Agreement. 
  
 The Company hereby directs the Rights Agent to
execute and deliver the Amendment. 
  
 IN WITNESS WHEREOF, the
undersigned has executed and delivered this Certificate as of March 20, 2005. 
  

			
		
	By:	 	/s/    SCOTT E. MARTIN        
	 Name:
	 	Scott E. Martin
	 Title:
	 	Senior Vice President

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