Document:

Summary Sheet of Director Fees and Executive Officer Compensation

 EXHIBIT 10.18 
 SUMMARY SHEET OF DIRECTOR FEES AND EXECUTIVE OFFICER COMPENSATION 
 I. Director Compensation

 Effective January 1, 2008, each non-employee member of the Board of Directors (the “Board”), as compensation for their service as directors
of The Providence Service Corporation (the “Company”), receives a $60,000 annual stipend, except for the Audit Committee Chair who receives a $90,000 annual stipend, the Lead Director who receives an $85,000 annual stipend, and the Chairs
of the Compensation Committee and Nominating and Corporate Governance Committee who each receive $70,000 annual stipends. Payment of the annual stipends is made on a monthly basis following each month of service. 
 Each non-employee member then serving on the first business day of each January receives 2,000 shares of restricted stock, and a ten year option to purchase 10,000
shares of the Company’s common stock under the Company’s 2006 Long-Term Incentive Plan (“2006 Plan”) with an exercise price equal to the closing market price of the Company’s common stock on the date of grant. All awards
vest in three equal installments on the first, second and third anniversaries of the date of grant. Awards that are not fully vested are subject to acceleration upon a change of control as defined in the associated restricted stock agreement and
stock option agreement. 
 II. Executive Compensation 
     Base Salaries 
 The following table sets forth current base salaries of the Company’s CEO and each of the
executive officers who were named in the Summary Compensation Table in the Company’s definitive proxy statement filed with the SEC on April 20, 2007 (the “Named Executive Officers”). 
  

						
	 Name
	  	 Title 
	  	Base Salary
	 Fletcher Jay McCusker
	  	Chief Executive Officer	  	$	575,000
	 Craig A. Norris
	  	Chief Operating Officer	  	 	350,000
	 Michael N. Deitch
	  	Chief Financial Officer	  	 	300,000
	 Fred D. Furman
	  	Executive Vice President and General Counsel	  	 	300,000
	 Mary J. Shea
	  	Executive Vice President of Program Services	  	 	195,000

     Bonuses 
 Annual Incentive Compensation Plan 
 Each Named Executive Officer, excluding Mary J. Shea, is eligible to receive a
bonus under the Annual Incentive Compensation Plan. The Annual Incentive Compensation Plan is designed as a team bonus and is not triggered unless the Company meets or exceeds its budgeted earnings per share for fiscal 2008 (calculated after giving
effect to any bonuses accrued under the Annual Incentive Compensation Plan). Individuals of the bonus team are eligible to receive a cash bonus with a target of 100% of the annual base salary for Mr. McCusker and 75% of the annual base salary for
each of Messrs. Norris, Deitch and Furman, if earned, that may be paid annually to each of these executive officers. Twenty per cent of the potential cash bonus is based on individual performance and 80% of the potential cash bonus is based on the
achievement of earnings per share measures for the Company which have been established by the Compensation Committee, or EPS. To the extent EPS exceeds EPS budget/target established by our board of directors, the above listed executive officers may
earn up to a maximum of 150% of their EPS bonus prorated between the EPS budget/target and 110% of the EPS budget/target. Payment of any cash bonus under this program will be paid only to the extent the EPS budget/target is attained after expensing
all compensation. 
  

 1 

     Deferred Compensation 
 Under The Providence Service Corporation Deferred Compensation Plan (“Deferred Compensation Plan”), a select group of management, including the Named Executive Officers, highly compensated employees and
independent contractors (“Participant(s)”), may defer up to 100% of their base salary, service and performance based bonuses, commissions or Form 1099 compensation in order to provide for future retirement and other benefits on behalf of
the Participants. The Company may make a discretionary credit to a Participant’s deferred compensation account in accordance with the Deferred Compensation Plan. The Company will maintain a deferred compensation account for each Participant
where the Participant’s deferral amounts and credits the Company makes will be credited, investment gains or losses will be credited or debited, and subsequent distributions in accordance with the rules and elections in effect from time to time
will be debited. Participants will be fully vested immediately in all amounts deferred by the Participant and any discretionary credits made by the Company to the Participant’s deferred compensation account. The Company may make additional
other credits to the Participant’s deferred compensation account for which the vesting will be determined at the time of grant. In addition, Participants will be able to select from several fund choices and their deferred compensation account
will increase or decrease in value in accordance with the performance of the funds selected. A Participant may receive a distribution from the Deferred Compensation Plan upon a qualifying distribution event such as separation from service,
disability, death, in-service or education distribution, change in control or an unforeseeable emergency all as defined in the Deferred Compensation Plan. Distributions from the Deferred Compensation Plan will be made in cash upon a qualifying
distribution event under several options and in the manner elected by the Participant. For example, as determined by the Participant, distributions from the Deferred Compensation Plan may be made in a lump sum, annual installments, or a combination
of both commencing as soon as possible after (but no later than 60 days after) the distribution date elected for the qualifying distribution event. The Deferred Compensation Plan is intended to be an unfunded plan administered and maintained by the
Company primarily for the purpose of providing deferred compensation benefits to Participants. 
     Participation in Stock Option
Plan and Other Arrangements 
 The Named Executive Officers are also eligible to: 
  

	 	•	 	 Participate in the Company’s 2006 Long-Term Incentive Plan; 

  

	 	•	 	 Participate in certain group life, health, medical and other non-cash benefits generally available to all salaried employees; 

  

	 	•	 	 Participate in certain health and dental benefits for their family and disability benefits, which are not available to all salaried employees; and

  

	 	•	 	 Participate in certain health and dental benefits for their family and disability benefits, which are not available to all salaried employees.

  

 2Amendment to Employment Agreement

 Exhibit 10.11 
 Amendment To Employment Agreement 
 Amendment, dated February 27, 2008 (the
“Amendment”), to the Employment Agreement, dated August 9, 2004 (the “Agreement”), by and between Cohen & Steers Capital Management, Inc. (the “Company”) and Martin Cohen (the “Executive”).

 WHEREAS, the parties hereto desire to amend the Agreement as hereinafter set forth. 
 NOW, THEREFORE, in consideration of the mutual representations, warranties, covenants and agreements contained in the Agreement, as amended, and for
other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 1.
Amendment to Paragraph 4 of the Agreement. Paragraph 4 of the Agreement is hereby deleted in its entirety and replaced with the following: 
 “4. Annual Bonus. With respect to each fiscal year during the Employment Term, Executive shall be eligible to earn an annual bonus award (an “Annual Bonus”) in such amount, if any, as determined
in the sole discretion of the Compensation Committee of the Board.” 
 2. Amendment to Paragraph 7(b)(ii)(C) of the Agreement.
Paragraph 7(b)(ii)(C) of the Agreement is hereby deleted in its entirety and replaced with the following: 
 “(C) a lump
sum payment equal to $1,000,000 (the “Target Annual Bonus”) for the fiscal year in which the termination occurs, payable when the Annual Bonus would have otherwise been payable had Executive’s employment not terminated.”

 3. Addition to Paragraph 11 of the Agreement. The Agreement shall be amended by adding the following new Paragraph 11(o):

 “o. Section 409A. This Agreement is intended to comply with Section 409A of the Internal Revenue Code
of 1986, as amended (the “Code”) and will be interpreted in a manner intended to comply with Section 409A of the Code. Notwithstanding anything herein to the contrary, (i) if at the time of Executive’s separation from
service with the Company, Executive is a “specified employee” as defined in Section 409A of the Code (and any related regulations or other pronouncements thereunder) and the deferral of the commencement of any payments or benefits
otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any accelerated or additional tax under Section 409A of the Code, then the Company will defer the commencement of the payment of any such
payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to you) until the date that is six months following Executive’s separation from service (or the earliest date as is permitted under
Section 409A of the Code) and (ii) if any other payments of money or other benefits due to Executive hereunder could cause the application of an accelerated or additional tax under Section 409A of the Code, such payments or other
benefits shall be deferred if deferral will make such payment or other benefits compliant under Section 409A of the Code, or otherwise such payment or other benefits shall be restructured, to the extent possible, in a manner, determined by the
Company, that does not cause such an accelerated or additional tax. To the extent any reimbursements or in-kind benefits due to Executive under this Agreement constitute “deferred compensation” under Section 409A of the Code, any such
reimbursements or in-kind benefits shall be paid to Executive in a manner consistent with Treas. Reg. Section 1.409A-3(i)(1)(iv). Each payment made under this Agreement shall be designated as a “separate payment” within the meaning of
Section 409A of the Code.” 
 4. No Other Amendments. Except as specifically amended in this Amendment, the Agreement is
unmodified and remains in full force and effect. 

 IN WITNESS WHEREOF, the Parties hereto have executed this Amendment as of the date first above written.

  

			
	Cohen & Steers Capital Management, Inc.
		
	By:	 	 /s/ Francis C. Poli

	Name:	 	Francis C. Poli
	Title:	 	Executive Vice President and General Counsel

  

	
	
	 /s/ Martin Cohen

	Martin Cohen

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00138-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00138-of-00352.parquet"}]]