Document:

Edison International Director Compensation Schedule

 EXHIBIT 10.1 
 EDISON INTERNATIONAL 
 DIRECTOR COMPENSATION SCHEDULE 
 As Adopted June 29, 2007 
 Effective July 1, 2007 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. Any Director elected or reelected on or after
June 29, 2007 and before that date shall receive the equity-based awards described in the version of this Schedule as adopted May 19, 2005, as amended. 
 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 $15,000. 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
(formerly designated as the presiding director) of the non-employee and/or independent Director executive sessions of the Board shall receive an annual retainer of $12,500. 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. 
  

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 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. 
  

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 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. 
  

 3Edison International Director Matching Gifts Program

 EXHIBIT 10.2 
 DIRECTOR MATCHING GIFTS PROGRAM 
 Eligibility 
 Each Director of Edison International and Southern California Edison Company (“SCE”) is eligible to have his or her eligible gifts matched by Edison International under the Matching Gifts Program (the
“Program”). 
 Match 
 Edison International will
match dollar for dollar each Director’s eligible gift of at least $25; provided, however, that in no event will the aggregate match for all eligible gifts by any one Director in any one calendar year exceed $10,000 (regardless of whether the
Director is a director of Edison International, SCE, or both). 
 The amount of the match shall be determined based on the value of the gift on the date the
gift is given by the Director. For purposes of determining the date on which a stock gift is given by the Director, such date will be determined based on the date stock ownership transfers to the eligible institution. For purposes of determining the
date on which a cash gift is given by the Director, such date will be determined based on the date of the negotiable instrument or electronic funds transfer, subject to verification of receipt by the eligible institution. Directors may make more
than one contribution annually. Matching gift awards are annually determined based on the amount and/or value of eligible gifts given during the calendar year. 
 Eligible Gifts 
 Gifts must be personal charitable contributions actually given to the eligible institution in the relevant year, not merely
pledged, and while the individual is a Director. The following do not qualify for matching gifts: 
  

	 	•	 	 Alumni dues 

  

	 	•	 	 Subscription fees for publications 

  

	 	•	 	 Tuition, books or other student expenses 

  

	 	•	 	 Contributions with a tangible benefit for the contributor 

  

	 	•	 	 Athletic promotional contributions 

  

	 	•	 	 Booster club donations 

  

	 	•	 	 Parent Teacher Association (PTA) or Parent Teacher Student Associations (PTSA) 

  

	 	•	 	 Affiliate associations or clubs 

  

	 	•	 	 In-kind gifts, except for gifts of Publicly-Traded Stock 

 “Publicly-Traded Stock” means stock of a corporation or other entity that is (1) listed or admitted to trade on the New York Stock Exchange or other national securities exchange, or (2) quoted by the NASDAQ Global Market
Reporting System (or a successor market). 
 Director gifts given in the form of Publicly-Traded Stock, including but not limited to Edison International
stock (which gifts of Edison International stock are subject to preclearance by the Edison International Preclearance Officer), shall be valued based on the last/closing price (in regular trading) of that security on the principal national
securities exchange on which such 

 
security is listed or admitted to trade (or, if none, as furnished by the NASDAQ Global Market Reporting System) as of the close of the business day on which
the gift is given by the Director (or, if there is no such price on that day, as of the last preceding day on which such a price was available), as published by the Bloomberg Professional System or any other source designated by the Edison
International Chief Financial Officer. 
 Eligible Institutions 
 Edison International will match gifts made by Directors to public and private elementary and secondary schools, community colleges, traditional four year colleges, and universities located in the United States. All institutions must be
accepted and in good status as qualified organizations by the Internal Revenue Service (IRS) under Internal Revenue Code Section 501(c)(3) or Section 170(c)(1), and accredited by a nationally recognized accrediting association. At this
time, eligible institutions under the Program do not include trade or professional schools. 
 Program Administration 
 The Corporate Secretary’s office administers the Program for gifts made by Directors. Application for matching payments under the Program is made by completion of
the appropriate form. To obtain forms or for questions regarding the Program, contact Darla Forte at (626) 302-6835 or by e-mail to Darla.Forte@sce.com. 
 Generally, and subject to compliance with applicable SEC reporting obligations, matching gifts paid by March 1 of any given calendar year which relate to gifts given by Directors in the prior calendar year (the “Reporting
Period” for the given calendar year’s proxy statement) will be reported in the given year’s proxy statement prepared for the Reporting Period and matching gifts paid after March 1 which relate to gifts given by Directors in the
prior calendar year will be reported in the subsequent year’s proxy statement. 
 Edison International may change, suspend, or discontinue the Program
at any time. 
  

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