Document:

Exhibit 10.43

Exhibit 10.43

Compensation Arrangements with Outside Directors

Non-management (outside) directors are paid:

	 	•	 	a quarterly retainer of $19,375;

	 	•	 	$2,000 for each in-person Board meeting attended; and

	 	•	 	$2,000 for each in-person committee meeting attended.

Directors who attend a Board or committee meeting telephonically are paid 75% of the applicable
in-person meeting fee.

Chairpersons of the Compensation, Nominating & Governance and Information Technology Oversight
Committees will be paid an additional annual fee of $13,500. The Audit Committee chairperson will
be paid an additional annual fee of $22,500.

Each outside director who is elected at FedEx’s 2009 annual meeting will receive a stock
option for 6,440 shares of FedEx common stock on the date of the 2009 annual meeting. Any
outside director appointed to the Board after the 2009 annual meeting will receive a stock option
for 6,440 shares of FedEx common stock upon his or her appointment.exv10w1

	 	 	 	 	 

Exhibit 10.1

Fiscal 2010 Reporting Officer Performance Pay Plan

Philosophy

We support a pay-for-performance approach to variable compensation that rewards individual and
Company performance towards the achievement of our Company goals. This Plan is designed to provide
upside reward for outstanding Company and individual performance, motivate reporting officers to
focus on and work together toward achieving Company goals; and be competitive within our industry.

Eligibility

Company reporting officers are eligible to participate in the plan. As of April 1, 2010, the
following officers are eligible to participate in the Plan:

	 	•	 	Chairman of the Board of Directors
	 
	 	•	 	Chief Executive Officer and President
	 
	 	•	 	Senior Vice President, Chief Financial Officer and Treasurer
	 
	 	•	 	Senior Vice President, Corporate Development
	 
	 	•	 	Senior Vice President, General Counsel and Secretary
	 
	 	•	 	Senior Vice President, Research and Development and Chief Medical Officer
	 
	 	•	 	Senior Vice President, Chief Operating Officer

The performance period under the Plan consists of the twelve month period from April 1, 2010 to
March 31, 2010. To be eligible to participate in this Plan, the executive officer must be actively
employed by the Company at the time awards are paid by the Company. Performance Pay awards will be
paid prior to two and one half months after the end of the performance period.

Individual Performance Pay Targets

An individual performance pay range and target as a percentage of base salary will be established
by the Compensation Committee for each of the reporting officers and shall be based generally on
comparable market data. Performance pay awards are to be pro-rated based on the number of days
employed in the Performance Period.

Company Objectives

The Company objectives for fiscal 2010 are: (i) successfully commercialize VIVITROL®, (ii) build
and enhance our proprietary products, (iii) achieve financial performance against budget and (iv)
respond effectively to changing business conditions.

Individual Performance

Each individual’s performance pay award under the Plan will be determined by the Compensation
Committee of the Board of Directors of the Company. Individual performance against the Company
objectives affects the determination of each individual’s performance pay award relative to that
individual’s target performance pay amount. The CEO of the Company shall provide the Compensation
Committee with recommendations regarding the performance pay for the Senior Vice Presidents. The
percentage of base salary represented by each performance pay award granted under the Plan shall
fall within the target performance pay range.

The Committee reserves the right to modify the Plan, Company objectives or overall payouts under
the Plan at any time during the course of the fiscal year, including in response to changing
business goals, needs and operations.

Approved by the Compensation Committee of the Board of Directors on July 13, 2009Exhibit 10.1

Exhibit 10.1

SETTLEMENT AGREEMENT AND MUTUAL RELEASE

This Settlement Agreement and Mutual Release (Settlement Agreement) is made between Western Energy Company,
(Western Energy), the United States Department of Justice (DOJ), and the United States Department of the Interior
(DOI), through its agency the Minerals Management Service (MMS) (collectively “the Parties”).

RECITALS

A. Western Energy is the lessee of the Federal coal leases located in the Rosebud Mine in Montana listed in Exhibit A.
The Rosebud Mine is a surface mining operation consisting of designated areas A, B, C, D, and E, with each designated
area supplying coal to specific units of the adjacent Colstrip Power Plant (Colstrip Plant).

B. On July 10, 1981, Western Energy entered into a Coal Transportation Agreement (CTA) with the Colstrip Plant under
which Western Energy agreed to design, construct, own, operate, and maintain a coal conveyor system for the
transportation of coal to the Colstrip Plant. In the CTA, the Colstrip Owners agreed to pay Western Energy for
transportation of the coal.

C. On September 23, 2002, The MMS, based on an audit conducted by the State of Montana (State), issued to Western
Energy an Order to Report and Pay Additional Royalties (2002 Order). This Order to Pay directed Western Energy to pay
additional royalties of $ 3,184,724.85 on coal produced and sold from the Rosebud Mine from the period from October 1,
1991, through December 31, 1995. MMS issued the Order because it determined that Western Energy had underpaid
royalties because Western Energy incorrectly excluded payments it received under the CTA for transporting production
from within the Rosebud Mine to the adjacent Colstrip Plant. Western Energy appealed the 2002 Order to the MMS
Director in Docket No. MMS-02-0092-COAL.

D. On January 27, 2003, MMS, based on an audit conducted by the State, issued a second Order to Report and Pay
Additional Royalties (2003 Order), directing Western Energy to pay additional royalties of $ 3,830,043.50 on coal
produced and sold from the Rosebud Mine for the period from January 1, 1996, through December 31, 2001 for the same
reasons as the 2002 Order. Western Energy appealed the 2003 Order to the MMS Director in Docket No. MMS-03-0022-COAL.

E. On March 28, 2005, the Associate Director, Policy and Management Improvement, MMS, denied Western Energy’s appeals
in MMS-02-0092-COAL and MMS-03-0022-COAL on substantive grounds, but rescinded the 2002 Order to the extent it directed
the payment of royalty accruing more than 7 years before the date of the 2002 Order (Associate Director’s Decision).
The Associate Director’s Decision rescinded the portion of the 2002 Order applying to royalties accruing more than 7
years before the date of the 2002 Order based upon the then-MMS Director’s October 8, 2002, written policy directing
MMS to grant lessees’ appeals for any period more than 7 years prior to the date of the order (7-Year Policy). In
Chiang v. Kempthorne, No. 1:04CV00199, slip op. (D.D.C. Aug. 30, 2007), the court disagreed with the government and
held that the 7-Year Policy was arbitrary and capricious and vacated and remanded the 7-Year Policy to MMS. On
November 17, 2007, the current MMS Director rescinded the 7-Year Policy. Western Energy appealed the Associate
Director’s Decision to the Interior Board of Land Appeals (IBLA). The IBLA upheld the Associate Director’s Decision on
all grounds in Western Energy Company, 172 IBLA 258 (2007) (IBLA Decision).

 

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Exhibit 10.1

F. Western Energy sought judicial review of the IBLA Decision in Western Energy Company v. Kempthorne, No. 1:07-cv-2237
(RCL) (D.D.C.) (Litigation).

G. On September 26, 2006, MMS, based on an audit conducted by the State, issued a third Order to Report and Pay
Additional Royalties (2006 Order), directing Western Energy to pay additional royalties of $1,569,146.81 on coal
produced and sold from the Rosebud Mine for the period from January 1, 2002, through December 31, 2004, for the same
reasons as the 2002 Order. Western Energy appealed the 2006 Order to the MMS Director in Docket No. MMS-06-0056-COAL.
On March 26, 2008, the Assistant Secretary for Land and Minerals Management issued a decision in MMS-06-0056-COAL
affirming the 2006 Order in all respects (ASLM Decision). Subsequently, the ASLM Decision was added to the Litigation.

H. On September 25, 2008, MMS, based on an audit conducted by the State, issued a fourth Order, however because the
issue in this order was the same as identified in the prior 3 Orders, MMS issued an Order to Perform Restructured
Accounting and Pay Additional Royalties (2008 Order). The 2008 Order directed Western Energy to pay additional
royalties of $ 1,363,274.88 on coal produced and sold from the Rosebud Mine for the period from January 1, 2005,
through December 31, 2007, and to recalculate and pay additional royalties for the period January 2008 through August
2008. Western Energy appealed the 2008 Order to the MMS Director in Docket No. MMS-08-0194-COAL.

I. Collectively the 2002 Order, 2003 Order, 2006 Order, and 2008 Order are herein referred to as “the Orders.”

J. In addition to the time periods covered by the Orders, the Parties desire to resolve the issues in the Orders for
the additional period from January 1, 1983, through September 30, 1991. Collectively the period from January 1, 1983,
through December 31, 2007 is the “Settlement Period.”

K. The Parties also desire to reach an agreement on the transportation allowance deductions to be used by Western
Energy in reporting and paying MMS royalties attributable to the transportation of Western Energy’s Coal to the
Colstrip Plant after the Settlement Period.

AGREEMENT

THEREFORE, in consideration of the mutual promises and covenants set forth herein and other valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties to this Settlement Agreement
hereby incorporate by reference and agree to the accuracy of the above recitals and further agree as follows:

1. Payment: Western Energy will pay MMS $12,239,538.22 within 10 days of Western Energy’s receipt of a fully
executed copy of this Settlement Agreement. If Western Energy does not pay the $12,239,538.22 to MMS within 10 days of
Western Energy’s receipt of a fully executed copy of this Settlement Agreement, Western Energy will pay late payment
charges on the untimely payment at the rate established at 30 CFR § 218.202 (2007). Interest will start accruing on
the 11th day after Western Energy received a fully executed copy of this Settlement Agreement, until the payment of
$12,239,538.22 is made.

 

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Exhibit 10.1

2. Provisions for Valuation of Production after December 31, 2007

A. For coal production from the Rosebud Mine to the Colstrip Plant beginning January 1, 2008, Western
Energy agrees to report and pay MMS royalties using the transportation allowance methodology in the Orders.

B. For coal production from the Rosebud Mine to the Colstrip Plant beginning January 1, 2008, Western
Energy will (i) adjust its MMS royalty payments to comply with the transportation allowance methodology in the
Orders, and (ii) pay any additional royalty payment to MMS based upon that adjustment.

C. Western Energy will owe late payment interest on any additional royalty payment made under Paragraph
2.B. at the rate established at 30 CFR § 218.202 (2007).

3. Appeals: Within ten (10) business days from the date that MMS receives the payment referenced in Paragraph
1, the Parties will cause their respective counsel of record to file a stipulated motion to dismiss the Litigation with
prejudice.

4. No Further Proceedings: Each Party agrees that it will not institute any legal or other proceedings to
litigate, arbitrate, appeal, or attack in any fashion any demand or issue described herein and covered by this
Settlement Agreement.

5. Reporting Requirements: Western Energy shall have no obligation to submit or revise a “Solid Minerals
Production and Royalty Report, Form MMS-4430 with respect to the payment referenced in Paragraph 1. After MMS receives
the payment referenced in Paragraph 1, MMS will prepare and file a Form MMS-4430 documenting receipt of that payment.

6. Record Retention: Subject to the record retention requirements of 30 CFR § 212.200, Western Energy is
otherwise released from any record maintenance requirements for the issues described in the Order and settled herein.

7. General Mutual Release from Liability: The Department hereby releases and forever discharges Western Energy
together with all officers, directors, and employees of Western Energy from any and all audits, claims, actions, suits,
judgments, liabilities, demands, fees, obligations, or interest, whether known or unknown, associated with the Orders,
the Litigation, and the issues in the Orders for the Settlement Period. Western Energy hereby releases and forever
discharges the Department from any and all claims, actions, suits, judgments, liabilities, demands, fees, interest, or
obligations, including claims for refund or credit for royalty or other payments made, whether known or unknown,
associated with the Orders, the Litigation, and the issues in the Orders for the Settlement Period

8. No Admission of Liability: The Parties agree that nothing contained herein, and no actions taken by any
Party hereto with regard to this Settlement Agreement, shall be construed as an admission by either Party of liability
as to any of the matters settled. No action taken by any Party in effecting this Settlement Agreement may be used in
any future or pending demand, administrative proceeding, litigation, or similar action involving any of the Parties, as
an admission of liability in any respect.

 

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Exhibit 10.1

9. Binding Release: The releases contained herein shall bind and inure to the benefit of the principals,
agents, employees, related or affiliated entities, representatives, successors, and assigns of the Parties.

10. Authority: The Parties represent that the person executing this Settlement Agreement on each Party’s
behalf has been duly authorized by all necessary and appropriate action to enter into this Settlement Agreement.

11. Entire Agreement and Modification: This Settlement Agreement is the entire agreement among the Parties,
and no representation, warranties, other statements, or promises have been made by any Party to any other Party in
connection with this Settlement Agreement. This Settlement Agreement may be amended or modified only by written
agreement, executed by an authorized representative of each Party.

12. No Precedent Setting Value: It is specifically understood and agreed that this Settlement Agreement is
executed for the sole purpose of settling the issues described herein. No Party shall be deemed to have approved,
accepted, or consented to any concept, method, theory, principle, or statutory, regulatory, or contractual
interpretation underlying or purportedly underlying, any of the matters agreed to herein or raised in connection with
the issues settled herein. This Settlement Agreement shall have no precedent setting value and shall not be binding on
any Party as to any issues, leases, or any time periods, other than those specifically addressed herein.

13. Fraud, Concealment, or Misrepresentation: Nothing herein shall ever prevent any Party from asserting and
reopening any claim against another Party as to the royalty computations and payments which are the subject of this
Settlement Agreement for reasons of fraud, malfeasance, concealment, or misrepresentation of material fact. The
Parties agree that this Settlement Agreement specifically excludes any disputes or claims arising under the False
Claims Act, 31 U.S.C. §§ 3729-3733. However, it is expressly understood that Western Energy denies any liability under
the False Claims Act.

14. Legal Fees: Nothing in this Settlement Agreement shall be interpreted as giving any Party a claim for
recovery of any legal costs or attorney’s fees. Each Party agrees that it will bear its own costs and expenses.

15. Construction of Agreement: Nothing in this or any other agreement shall be construed so as to deprive a
Federal official of the authority to revise, amend, or promulgate regulations. Nor shall anything in this Settlement
Agreement be construed to commit a Federal official to expend funds not appropriated by Congress. In no event, shall
anything in this Settlement Agreement bar any Party from seeking judicial relief enforcing this Settlement Agreement in
any court having jurisdiction over the Parties to, and the subject matter of this Settlement Agreement.

16. Counterparts: This Settlement Agreement may be executed in two or more counterparts; it shall not be
necessary that the signatures of all Parties hereto be contained on any one counterpart and each counterpart shall
constitute one and the same agreement. This Settlement Agreement may be executed by facsimile signatures, which shall
be deemed originals for all purposes.

 

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Exhibit 10.1

17. Effective Date: This Settlement Agreement will be effective when executed by all Parties.

IN WITNESS WHEREOF, the Parties have executed this Settlement Agreement as of the respective dates indicated with
the signatures below:

	 	 	 	 	 	 	 
	Minerals Management Service	 	Western Energy Company
	 

	 		 		 	
	By:

	 	/s/
Walter D. Cruickshank
	 	By:
	 	/s/ Morris W. Kegley
	 

	 		 		 	
	Title:

	 	Director (Acting)
	 	Title:
	 	Vice President and
General Counsel
	 

	 		 		 	
	Date:

	 	5/07/09
	 	Date:
	 	December 24, 2008
	 

	 		 		 	
	United States Department of Justice	 	 	 	 
	 

	 		 		 	
	By:

	 	/s/ Gregory Page
	 		 	
	
 
	 	Gregory Page, Esq.
	 		 	
	 

	 		 		 	
	Title:

	 	Attorney
	 		 	
	 

	 		 		 	
	Date:

	 	7/09/09
	 		 	

 

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