Document:

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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Exhibit 10.36

PERQUISITES

     During each Edison International fiscal year that this Executive Perquisite Policy remains in
place, the following perquisites will be provided:

     Estate
and Financial Planning Program — for Chairman and CEO up to $20,000 per
calendar year for financial planning and tax preparation services and up to $10,000 per calendar
year for estate planning services. Others with the rank of elected VP and above receive up to
$12,000 per calendar year for financial planning and tax preparation services and up to $5,000 per
calendar year for estate planning services.

     Car allowance — $1,000 per month for officers with rank of elected VP and above except
for the EIX CEO.* Eligible officers are expected to have a suitable business car that is well
maintained.

     Executive
Health Enhancement Program — executive physical at UC Irvine or USC or
reimbursement of up to $1,500 per year for screening or preventive services not covered by health
plan, for officers with rank of elected VP and above.

     Section 409A Provisions — To the extent any benefits or reimbursements provided for in
this Executive Perquisite Policy are taxable to an executive and provide for a deferral of
compensation within the meaning of Section 409A of the Internal Revenue Code, the executive shall
complete all steps required for reimbursement so as to facilitate payment, and any such
reimbursements or benefits shall be paid to the executive on or before the last day of the
executive’s taxable year following the taxable year in which the expense was incurred. Such
benefits and reimbursements shall not be subject to liquidation or exchange for other benefits, and
the expenses eligible for reimbursement or benefits provided in one calendar year shall not affect
the expenses eligible for reimbursement or benefits provided in any other calendar year.

 

			
	*	 	Car services are provided to the EIX CEO.exv10w37

Exhibit 10.37

EDISON INTERNATIONAL

Section 409A and Other Conforming Amendments to Terms and Conditions

This Agreement (this “Amendment”) modifies certain terms and conditions of long-term incentive
awards previously granted to employees of Edison International (“EIX”) or its participating
affiliates (the “Companies”). The purpose of this Amendment is to establish documentary compliance
with Section 409A of the Internal Revenue Code of 1986 and its accompanying regulations (“Section
409A”), and to permit ongoing operational compliance with Section 409A, for long-term incentive
awards that were not earned and vested prior to January 1, 2005. This Amendment also makes certain
conforming modifications related to the Section 409A amendments.

Notwithstanding anything else to the contrary in any current or former employee’s individual terms
and conditions, the provisions of this Amendment shall apply effective as of December 31, 2008 and
shall supersede and replace any conflicting or different terms currently contained in any current
or former employee’s individual terms and conditions. Capitalized terms used in this Amendment
without definition shall have the same meanings as in such employee’s applicable individual terms
and conditions.

	1.	 	Dividend Equivalents Granted Pursuant to 1999 Statement of Terms and Conditions

For any employee or former employee of the Companies holding Dividend Equivalents granted pursuant
to the 1999 Statement of Terms and Conditions of Plan Awards for Executive Officers and Key
Management Employees, the payment and expiration terms of the Dividend Equivalents are hereby
amended as follows:

For any Dividend Equivalents that remain outstanding on December 31, 2008, beginning with the 2009
calendar year, all Dividend Equivalent amounts credited with respect to a related EIX Option will
be paid on or within thirty (30) days after January 2, 2009; provided that if EIX has declared a
dividend as of January 2, 2009 for which the ex-dividend date will not occur until after that
January 2 and for which the Holder is entitled to Dividend Equivalent credits, the payment date
shall be the earlier of (i) the ex dividend date for such declared dividend or (ii) December 31,
2009. Any Dividend Equivalents that remain outstanding on December 31, 2008 shall cease being
eligible to accrue credits for Dividend Equivalents upon the earlier of (A) the exercise of the
related EIX Option or (B) the expiration or termination of the related EIX Option, and such
Dividend Equivalents shall terminate at the time all accrued and credited Dividend Equivalents are
paid.

	2.	 	Dividend Equivalents Granted Pursuant to 2004 Long-Term Incentives Terms and
Conditions

For any employee or former employee of the Companies holding Dividend Equivalents granted pursuant
to the 2004 Long-Term Incentives Terms and Conditions, the payment and expiration terms of the
Dividend Equivalents are hereby amended as follows:

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Through January 2, 2009, any Dividend Equivalents that remain outstanding on December 31, 2008
shall continue to accrue and be credited with the amount of dividends that would have been paid on
the number of shares of EIX Common Stock subject to the portion of the Holder’s corresponding EIX
Option that is outstanding on December 31, 2008. Dividend Equivalents shall continue to accrue and
be credited with such dividends whether or not the Holder’s corresponding EIX Options are exercised
or terminate at any time after December 31, 2008. All credited and accrued Dividend Equivalent
amounts will be paid on or within thirty (30) days after January 2, 2009; provided that if EIX has
declared a dividend as of January 2, 2009 for which the ex-dividend date will not occur until after
that January 2 and for which the Holder is entitled to Dividend Equivalent credits, the payment
date shall be the earlier of (i) the ex dividend date for such declared dividend or (ii) December
31, 2009. The foregoing payment schedule shall apply regardless of whether or not the Holder’s
employment terminates for any reason, or if there is a Change in Control of EIX. Dividend
Equivalents shall terminate on the payment date.

	3.	 	Dividend Equivalents Granted Pursuant to 2005 Long-Term Incentives Terms and
Conditions

For any employee or former employee of the Companies holding Dividend Equivalents granted pursuant
to the 2005 Long-Term Incentives Terms and Conditions, the payment terms of the Dividend
Equivalents are hereby amended as follows:

Except as provided below, through January 2, 2010, any Dividend Equivalents that remain outstanding
on December 31, 2008 shall continue to accrue and be credited with the amount of dividends that
would have been paid on the number of shares of EIX Common Stock subject to the portion of the
Holder’s corresponding EIX Option that is outstanding on December 31, 2008. Dividend Equivalents
shall continue to accrue and be credited with such dividends whether or not the Holder’s
corresponding EIX Options are exercised or terminate at any time after December 31, 2008. However,
Dividend Equivalents shall cease accruing and being credited with Dividend Equivalent amounts prior
to January 2, 2010 in the following circumstance:

	 	•	 	Change in Control of EIX. If there is a Change in Control of EIX and EIX Common
Stock does not remain outstanding after the Change in Control, Dividend Equivalent credits
will cease and all credited and accrued Dividend Equivalent amounts will be paid pursuant
to the payment schedule specified below. (For the avoidance of doubt, if there is a Change
in Control of EIX and EIX Common Stock remains outstanding after the Change in Control,
Dividend Equivalent credits will be eligible to continue through January 2, 2010.)

All credited and accrued Dividend Equivalent amounts as of any payment date will be paid on or
within thirty (30) days after January 2 of each calendar year; provided that if EIX has declared a
dividend as of any particular January 2 for which the ex-dividend date will not occur until after
that January 2 and for which the Holder is entitled to Dividend Equivalent credits, the payment
date for that particular calendar year shall be the earlier of (i) the ex dividend date for such
declared dividend or (ii) December 31 of that year. The foregoing payment schedule shall apply
regardless of whether or not the Holder’s employment terminates for any reason, or if there is a

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Change in Control of EIX. Dividend Equivalents shall terminate at the time all accrued and
credited Dividend Equivalents are paid.

	4.	 	Dividend Equivalents Granted Pursuant to 2006 Long-Term Incentives Terms and
Conditions

For any employee or former employee of the Companies holding Dividend Equivalents granted pursuant
to the 2006 Long-Term Incentives Terms and Conditions, the payment and vesting terms of the
Dividend Equivalents are hereby amended as follows:

Except as provided below, through December 31, 2010, any Dividend Equivalents that remain
outstanding on December 31, 2008 shall continue to accrue and be credited with the amount of
dividends that would have been paid on the number of shares of EIX Common Stock subject to the
portion of the Holder’s corresponding EIX Option that is outstanding on December 31, 2008.
Dividend Equivalents shall continue to accrue and be credited with such dividends whether or not
the Holder’s corresponding EIX Options are exercised or terminate at any time after December 31,
2008. However, Dividend Equivalents shall cease accruing and being credited with Dividend
Equivalent amounts prior to December 31, 2010 in the following circumstance:

	 	•	 	Change in Control of EIX. Although all outstanding and unvested Dividend
Equivalents will vest upon a Change in Control of EIX, if there is a Change in Control and
EIX Common Stock does not remain outstanding after the Change in Control, Dividend
Equivalent credits will cease and all credited and accrued Dividend Equivalent amounts will
be paid pursuant to the payment schedule specified below. (For the avoidance of doubt, if
there is a Change in Control of EIX and EIX Common Stock remains outstanding after the
Change in Control, Dividend Equivalent credits will be eligible to continue through
December 31, 2010.)

Credited and accrued Dividend Equivalent amounts as of any Payment Date (as defined below) will be
paid on or within thirty (30) days after the Payment Date that occurs on or next following the
later of (i) the date such Dividend Equivalent amounts are credited or (ii) the date the Dividend
Equivalents vest; provided that for these purposes, any Dividend Equivalents that are unvested on
the date hereof and ordinarily scheduled to vest on January 2, 2010 but instead vest on or prior to
the Payment Date for calendar 2009 as a result of the Holder’s Retirement, death, permanent and
total disability, involuntary termination by his or her employer not for cause or as a result of a
Change in Control of EIX shall be deemed to vest after the Payment Date for calendar 2009 (and thus
will be payable in calendar 2010). A “Payment Date” shall occur on January 2 of each calendar
year; provided that if EIX has declared a dividend as of any particular January 2 for which the
ex-dividend date will not occur until after that January 2 and for which the Holder is entitled to
Dividend Equivalent credits, the payment date for that particular calendar year shall be the
earlier of (i) the ex dividend date for such declared dividend or (ii) December 31 of that year.
Dividend Equivalents shall terminate at the time all accrued and credited Dividend Equivalents are
paid.

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	5.	 	Restricted Stock Units Granted Pursuant to 2007 Long-Term Incentives Terms and
Conditions

For any employee or former employee of the Companies holding Restricted Stock Units granted
pursuant to the 2007 Long-Term Incentives Terms and Conditions, the payment and vesting terms of
the Restricted Stock Units are hereby amended as follows:

Restricted Stock Units that vest based on the passage of time or as a result of the Holder’s
Retirement will continue to become payable as soon as administratively practical following January
2, 2010 (and in all events within 90 days after such date). However, if the Restricted Stock Units
vest as a result of the Holder’s death, disability, involuntary termination not for cause or as a
result of a Change in Control of EIX, the following vesting and payment rules will apply:

	 	•	 	Death or Disability. If prior to the Holder’s termination of employment with a
Company, the Holder dies or incurs a “disability” (as such term is defined for purposes of
Section 409A), all unvested Restricted Stock Units will immediately vest and become payable
as soon as administratively practical (and in all events within 90 days) after the date of
the Holder’s death or disability, as applicable. In addition, if the Holder dies following
a termination of employment with a Company, any Restricted Stock Units that are then vested
but unpaid will become payable as soon as administratively practical (and in all events
within 30 days) after the date of the Holder’s death.
	 
	 	•	 	Involuntary Termination Not for Cause. Upon involuntary termination of the
Holder’s employment by his or her employer not for cause (and other than due to the
Holder’s death or disability), the Restricted Stock Units shall continue to vest in the
manner provided for in the Holder’s terms and conditions (and any Restricted Stock Units
that are unvested after giving effect to such termination will continue to terminate for no
value as of the date of the Holder’s termination of employment as provided for in the terms
and conditions). Vested Restricted Stock Units will be paid as soon as administratively
practical (and in all events within 90 days) following the date of the Holder’s Separation
from Service if the Separation from Service occurs prior to any other applicable payment
event otherwise provided for in the terms and conditions as amended by this Amendment. For
purposes of the terms and conditions, a “Separation from Service” means the Holder’s
“separation from service” with the Company as that term is used for purposes of Section
409A. Notwithstanding the foregoing provisions, if at the time of the Holder’s involuntary
termination, the Holder is eligible for Retirement, the Retirement vesting and payment
provisions in Section 8.2 of the terms and conditions will apply to that Holder instead of
the vesting and payment provisions for an involuntary termination of the Holder’s
employment by his or her employer not for cause.
	 
	 	•	 	Change in Control of EIX. Upon (or, as may be necessary to effect the
acceleration, immediately prior to) a Change in Control of EIX, all outstanding and
unvested Restricted Stock Units will become fully vested. If such Change in Control of EIX
constitutes a “change in the ownership” of EIX, a “change in the effective control” of EIX,
or a “change in the ownership of a substantial portion of the assets” of EIX, within

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	 	 	 	the meaning of the Treasury Regulations promulgated under Section 409A, all then-outstanding
Restricted Stock Units will be paid on or as soon as administratively practical (and in all
events within 90 days) following the date of such event; otherwise, such Restricted Stock
Units shall be paid at the first applicable time otherwise provided in the terms and
conditions as amended by this Amendment.

In the event that any payment to a “specified employee” (as defined in Section 409A) in respect of
Restricted Stock Units is required to be delayed in connection with the employee’s Separation from
Service in order to comply with Section 409A, payment shall not be made until the earlier of (a)
the date which is six (6) months after the employee’s Separation from Service for any reason other
than the employee’s death or (b) the date of the employee’s death. Any amounts otherwise payable
following the employee’s Separation from Service that are subject to the foregoing delay shall be
paid as soon as practicable (and in all events within 90 days) after the date that is six (6)
months after the employee’s Separation from Service (or if earlier, the date of the employee’s
death).

	6.	 	Restricted Stock Units Granted Pursuant to 2008 Long-Term Incentives Terms and
Conditions

For any employee or former employee of the Companies holding Restricted Stock Units granted
pursuant to the 2008 Long-Term Incentives Terms and Conditions, the payment terms of the Restricted
Stock Units are hereby amended as follows:

Restricted Stock Units that vest based on the passage of time or as a result of the Holder’s
Retirement will become payable as soon as administratively practical following January 2, 2011 (and
in all events within 90 days after such date). Any Restricted Stock Units that vest as a result of
the Holder’s death, disability (as such term is defined for purposes of Section 409A), involuntary
termination not for cause or as a result of a Change in Control of EIX shall generally be paid as
soon as practicable (and in all events within 90 days) following the applicable vesting date;
provided that (i) Restricted Stock Units that vest as a result of an involuntary termination not
for cause will be paid as soon as administratively practical (and in all events within 90 days)
following the date of the Holder’s Separation from Service if the Separation from Service occurs
prior to any other applicable payment event otherwise provided for in the terms and conditions as
amended by this Amendment and (ii) any Restricted Stock Units that vest as a result of a Change in
Control of EIX will only become payable following a Change in Control of EIX if such Change in
Control of EIX constitutes a “change in the ownership” of EIX, a “change in the effective control”
of EIX, or a “change in the ownership of a substantial portion of the assets” of EIX within the
meaning of the Treasury Regulations promulgated under Section 409A, otherwise, such Restricted
Stock Units shall be paid at the first applicable time otherwise provided in the terms and
conditions as amended by this Amendment.

Any amounts otherwise payable following a Holder’s Separation from Service that are subject to
delay pursuant to Section 15.7 of the 2008 Long-Term Incentives Terms and Conditions shall be paid
as soon as practicable (and in all events within 90 days) after the date that is six (6) months
after the Holder’s Separation from Service (or if earlier, the date of the Holder’s death).

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	7.	 	Options Granted to Certain Employees Pursuant to Special 2000 and 2001 Terms and
Conditions

The (i) Terms and Conditions for Special Grant of Stock Options on May 18, 2000, (ii) Terms and
Conditions for Special 2000 Grants After May 18, 2000 and (iii) Terms and Conditions for 2001
Long-Term Incentive Special Grants each restrict the ability of Holders who are or were “covered
employees” within the meaning of Section 162(m) of the Internal Revenue Code of 1986 to exercise
their EIX Options prior to termination of employment, unless the EIX Options are exercised on a
deferred basis under EIX’s Option Gain Deferral Plan. Because of the enactment of Section 409A,
Holders of EIX Options have not been permitted to exercise their Options on a deferred basis under
EIX’s Option Gain Deferral Plan, and the plan is no longer in effect. As a result, the terms and
conditions referred to in this paragraph are each hereby amended to confirm that EIX Options held
by Holders who are or were “covered employees” within the meaning of Section 162(m) of the Internal
Revenue Code of 1986 may be exercised in the same manner as EIX Options held by other Holders.

EDISON INTERNATIONAL

/s/ Diane L. Featherstone                    
             
             

By: Diane L. Featherstone     
               
             
             

Title: Senior Vice President, Human Resources

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