Document:

Exhibit 10.17  

        The following table shows the base salary, annual bonus and all other compensation paid to the named executives. The table also shows the compensation expense the
Company recognized in 2006 and 2007 for financial reporting purposes for the stock and option awards made to the named executives and for the retirement benefit each officer earned during those years. 

	Name and Principal Position(s)
 
	 	Year
	 	Salary

($)
	 	Bonus

($)
	 	Stock

Awards

($)(1)
	 	Option

Awards

($)(1)
	 	Change in

Pension value and

Nonqualified

Deferred

Compensation

Earnings(2)
	 	All Other

Compensation

($)(3)
	 	Total

($)

	David A. Roberts

Chairman, President and Chief Executive Officer(4)	 	2007	 	$	474,230	 	$	1,800,000	 	$	1,258,688	 	$	886,000	 	$	2,362,903	 	$	258,736	 	$	7,040,557
	Richmond D. McKinnish

Former President and Chief Executive Officer(4)	 	2007

2006	 	$
$	475,000

900,000	 	$
$	0

1,800,000	 	$
$	3,528

424,339	 	$
$	1,279,733

1,090,268	 	$
$	601,974

1,033,674	 	$
$	25,600

30,800	 	$
$	2,385,835

5,279,081
	Carol P. Lowe

Vice President and Chief Financial Officer	 	2007

2006	 	$
$	350,000

300,000	 	$
$	325,000

325,000	 	$
$	69,933

73,563	 	$
$	157,587

163,561	 	$
$	17,826

10,660	 	$
$	26,369

13,640	 	$
$	946,715

886,424
	John W. Altmeyer

Group President, Construction Materials	 	2007

2006	 	$
$	550,000

475,000	 	$
$	725,000

725,000	 	$
$	72,707

150,366	 	$
$	299,587

306,833	 	$
$	61,904

53,001	 	$
$	15,695

18,060	 	$
$	1,724,893

1,728,260
	Michael D. Popielec

Group President, Diversified Components	 	2007

2006	 	$
$	495,000

465,000	 	$
$	350,000

350,000	 	$
$	154,305

234,345	 	$
$	663,570

659,742	 	$
$	14,601

3,525	 	$
$	25,186

221,314	 	$
$	1,702,662

1,933,926
	Barry Littrell

Group President, Industrial Components(5)	 	2007

2006	 	$
$	455,000

425,000	 	$
$	350,000

350,000	 	$
$	72,707

159,696	 	$
$	193,780

185,106	 	$
$	34,301

21,751	 	$
$	34,222

18,580	 	$
$	1,140,010

1,160,133

	(1)
	The
value of the stock and option awards shown in the table is equal to the expense reported for financial reporting purposes in 2007 (before reflected forfeitures). Note 12 to
the Company's consolidated financial statements included in the 2007 Annual Report on Form 10-K contains more information about the Company's accounting for stock-based compensation
arrangements.

	(2)
	Represents
the aggregate change in the actuarial present value of the named executive's accumulated benefit under the Retirement Plan for Employees of Carlisle Corporation and the
Carlisle Corporation Supplemental Pension Plan.

	(3)
	The
amounts presented in the "All Other Compensation" column for 2007 consist of the following: 

	 
	 	Mr. Roberts
	 	Mr. McKinnish
	 	Mrs. Lowe
	 	Mr. Altmeyer
	 	Mr. Popielec
	 	Mr. Littrell

	Matching Contributions to the Company's Employee Incentive Savings Plan	 	$	1,500	 	$	9,000	 	$	9,000	 	$	9,000	 	$	9,000	 	$	9,000
	Reimbursement of Relocation Expenses	 	$	212,511	 	$	0	 	$	0	 	$	0	 	$	0	 	$	0
	Reimbursement of Tax Return Preparation Fees	 	$	0	 	$	0	 	$	8,569	 	$	0	 	$	0	 	$	8,474
	Club membership dues	 	$	0	 	$	0	 	$	5,440	 	$	3,335	 	$	8,366	 	$	13,388
	Personal Use of Company Aircraft*	 	$	15,725	 	$	0	 	$	0	 	$	0	 	$	0	 	$	0
	Dividends on restricted shares	 	$	29,000	 	$	16,600	 	$	3,360	 	$	3,360	 	$	7,820	 	$	3,360
	Total	 	$	258,736	 	$	25,600	 	$	26,369	 	$	15,695	 	$	25,186	 	$	34,222

	*
	The
reported personal use of the aircraft relates to relocation travel and attendance at a board meeting on which Mr. Roberts serves as a director. The $15,725 represents the
incremental cost to the Company for such personal travel based on the cost of fuel, trip related maintenance, crew travel expenses, on-board catering, landing fees and similar variable
costs. Since the Company-owned aircraft is used almost exclusively for business travel, fixed costs that do not change based on usage, such as pilots' salaries, the purchase costs of the aircraft and
the cost of the maintenance not related to the personal use, are not included.

	(4)
	The
Company appointed Mr. Roberts Chairman, President and Chief Executive Officer on June 25, 2007. Mr. Roberts commenced employment with the Company on
June 21, 2007. Mr. McKinnish ceased to be an executive officer on June 25, 2007, when he retired as President and Chief Executive Officer of the Company. Mr. McKinnish
later retired as a member of the Board of Directors on September 28, 2007.

	(5)
	Mr. Littrell
separated from employment with the Company effective February 29, 2008. 

        In addition, at its February 4, 2008 meeting, the Compensation Committee approved the following annual salaries for 2008 for the named
executive officers (excluding Messrs. McKinnish and Littrell): (i) David A. Roberts—$950,000, (ii) Carol P. Lowe—$455,000, (iii) John W.
Altmeyer—$580,000, and (iv) Michael D. Popielec—$520,000. The Compensation Committee also awarded the named executive officers (excluding McKinnish and Littrell) options
to acquire shares of the Company's common stock (the "Shares") and restricted Shares as follows: (i) David A. Roberts—142,500 options and 47,500 restricted Shares, (ii) Carol
P. Lowe—40,000 options and 6,675 restricted Shares, (iii) John W. Altmeyer—108,500 options and 26,450 restricted Shares, and (iv) Michael D.
Popielec—52,000 options and 8,650 restricted Shares. The options were awarded at an option price of $33.25, which was equal to the closing market price of the Shares on the date of grant.
All options expire ten (10) years following the date of grant. Each restricted Share was valued at $33.25, which was equal to the closing market price of the Shares on the date of grant. The
restricted Shares vest on December 31, 2010 except for 16,700 of the restricted Shares granted to Mr. Altmeyer which vest annually in equal 3,340 share installments beginning
December 31, 2008. During the period the Shares remain restricted, Mrs. Lowe and Messrs. Roberts, Altmeyer and Popielec will receive any dividend declared on such Shares. 

        The
table beginning on the following page provides the actuarial present value of each named executive's accumulated benefit under the Company's Retirement and Supplemental Pension
Plans. 

        The
Retirement Plan provides benefits under a cash benefit accrual formula that was added to the plan in 1997. Under the formula, participants accumulate a cash balance benefit based
upon a percentage of compensation allocation made annually to the participants' cash balance accounts. The allocation percentage ranges from 2% to 7% of total base salary and annual bonus (including
amounts deferred under the Savings Plan and 125 of the Code) depending on each participant's years of service. The cash balance account is further credited with interest annually. The interest credit
is based on the One Year Treasury Constant Maturities as published in the Federal Reserve Statistical Release over the one year period ending on the December 31st immediately preceding
the applicable plan year. The interest rate for the plan year ending December 31, 2007 was 5.94%. The Retirement Plan was frozen to new participants effective December 31, 2004. No
employees hired on or after January 1, 2005 are eligible to participate in the Plan. 

        The
Company amended the Retirement Plan to add the cash balance benefit formula effective as of January 1, 1997. The Company included a benefit transition provision in the
amendment under which
participants who had attained age 45 at the of the amendment could continue to accrue retirement benefits under the Retirement Plan's pre-amendment final average pay benefit formula for up
to ten years. Mr. McKinnish was the only named executive who was eligible to benefit under the transition provision, and he did not accrue any further benefit under the transition provision
after December 31, 2006. 

        The
benefits under the Supplemental Pension Plan are equal to the difference between the benefits that would have been payable under the Retirement Plan without regard to the
compensation limitation imposed by the Code or the limitation on participation in the Retirement Plan that became effective on January 1, 2005 and the actual benefits payable under the
Retirement Plan as so limited. 

        Benefits
under the Retirement Plan are payable as a monthly annuity or in a lump sum payment. Vested benefits under the Supplement Pension Plan are payable only in the form of a monthly
annuity. The benefits under the Retirement Plan become vested after the executive completes 5 years of vesting service, or if earlier, the date the executive terminates employment due to death
or disability. The benefits under the Supplemental Plan become vested after the executive completes ten years of vesting service and retires at or after age 55, or if earlier, the date the executive
terminates employment due to death or disability. 

        The
Company's employment letter with Mr. Roberts provides that Mr. Roberts will receive a monthly benefit under the Supplemental Pension Plan of $25,703, expressed as a
life annuity commencing on January 1, 2013. The benefit vests at the rate of 20% per year commencing June 21, 2008, or if earlier, the date the Company terminates Mr. Roberts'
employment other than for gross or willful misconduct or Mr. Roberts terminates employment due to death, disability or retirement or for good reason, as defined in his employment agreement with
the Company. The benefit will be actuarially adjusted if it is paid in any form other than a life annuity or the benefit commencement date is before or after January 1, 2013. A copy 

of
the Company's employment letter with Mr. Roberts is on file as an Exhibit to the Company's current report on Form 8-K for June 12, 2007 and is incorporated herein
by reference. 

	Name
 
	 	Plan Name
	 	Number of Years

Credited Service

(#)(1)
	 	Present Value of

Accumulated Benefit

($)(2)
	 	Payments During

Last Fiscal Year

($)

	

Mr. Roberts	
 	

Retirement Plan for Employees of Carlisle Corporation	
 	

0.58	
 	
$	

0	
 	
$	

0
	

 	
 	

Carlisle Corporation Supplemental Pension Plan	
 	

0.58	
 	
$	

2,362,903	
 	
$	

0
	

Mr. McKinnish	
 	

Retirement Plan for Employees of Carlisle Corporation	
 	

31.92	
 	
$	

652,648	
 	
$	

27,188
	

 	
 	

Carlisle Corporation Supplemental Pension Plan	
 	

31.92	
 	
$	

4,720,566	
 	
$	

0
	

Mrs. Lowe	
 	

Retirement Plan for Employees of Carlisle Corporation	
 	

5.00	
 	
$	

23,969	
 	
$	

0
	

 	
 	

Carlisle Corporation Supplemental Pension Plan	
 	

5.00	
 	
$	

21,677	
 	
$	

0
	

Mr. Altmeyer	
 	

Retirement Plan for Employees of Carlisle Corporation	
 	

17.58	
 	
$	

115,250	
 	
$	

0
	

 	
 	

Carlisle Corporation Supplemental Pension Plan	
 	

17.58	
 	
$	

182,373	
 	
$	

0
	

Mr. Popielec	
 	

Retirement Plan for Employees of Carlisle Corporation	
 	

1.33	
 	
$	

0	
 	
$	

0
	

 	
 	

Carlisle Corporation Supplemental Pension Plan	
 	

1.33	
 	
$	

18,126	
 	
$	

0
	

Mr. Littrell	
 	

Retirement Plan for Employees of Carlisle Corporation	
 	

10.83	
 	
$	

71,685	
 	
$	

0
	

 	
 	

Carlisle Corporation Supplemental Pension Plan	
 	

10.83	
 	
$	

85,926	
 	
$	

0

	(1)
	The
amounts presented in this column represent the number of actual years the named executive has been a participant in each plan. None of the named executives have been given credit
under the plans for years of service in addition to their actual years of service presented in the table. Messrs. Roberts and Popielec commenced employment after December 31, 2004 and
are not eligible to participate in the Retirement Plan for Employees of Carlisle Corporation.

	(2)
	Note 14
to the Company's consolidated financial statements included in the 2007 Annual Report on Form 10-K includes the valuation assumptions and other
information relating to the Retirement Plan and Supplemental Pension Plan. 

        Each named executive officer (excluding Messrs. McKinnish and Littrell) is party to an executive severance agreement providing for benefits
in the event of a "change of control" (defined generally as an acquisition of 20% or more of the outstanding voting Shares or a change in a majority of the Board of Directors). In the event of any
termination of an executive's employment (including due to the executive's resignation) within three (3) years of a change of control (other than due to the executive's death or disability or
after the executive attains age 65), each executive severance agreement provides that the executive will be entitled to receive three years' compensation, including bonus, retirement benefits equal to
the benefits the executive would have received had he or she completed three additional years of employment, continuation of all life, accident, health, savings, and other fringe benefits for three
years, and relocation assistance. The three year benefit period is reduced if the executive terminates within three years of the date the executive would attain age 65. At the end of the three year
benefit period, Mr. Roberts would be entitled to retiree medical and dental coverage for the life of Mr. Roberts and his wife. In addition, the agreements provide that the executive will
become fully vested in all outstanding stock option and restricted Share awards. 

        The
executive severance agreement with Mr. Roberts requires the Company to provide all the benefits required under the agreement without regard to whether any of the payments or
benefits would be considered excess "parachute payments" under Section 280G of the Internal Revenue Code.* If any payments to Mr. Roberts under his change in control agreement were
considered excess "parachute payments," the Company would not be required to provide any tax gross up to Mr. Roberts for the excise taxes he would be required to pay with respect to the
payments. 

	*
	Section 280G
of the Internal Revenue Code defines "parachute payments" as payments which (i) are compensatory in nature, (ii) are made to or for the benefit of a
shareholder, officer or highly compensated individual, and (iii) are contingent on a change in ownership or effective control (or change in ownership of a substantial portion of assets) of a
corporation. If the parachute payments have an aggregate present value of at least 3 times the average annual compensation earned by the recipient of the payment over the 5 years preceding the
date of the change in control, the amount of the payments in excess of 1 times such average annual compensation are not deductible by the payor for federal income tax purposes and are subject to a 20%
excise tax (payable by the recipient) in addition to regular income taxes. 

        The
executive severance agreements with the other named executives provide that if any benefits to be provided under the agreements would cause any payments or benefits to be considered
"parachute payments" that would be nondeductible by the Company under Section 280G of the Internal Revenue Code, the payments or benefits will be reduced to the maximum permissible deductible
amount under Code Section 280G. 

        A
copy of the Company's form executive severance agreement is on file as an Exhibit to the Company's annual report on Form 10-K for the year ended December 31,
1990 and is incorporated herein by reference and a copy of the Company's executive severance agreement with Mr. Roberts is on file as an Exhibit to the Company's quarterly report on
Form 10-Q for the period ended June 30, 2007 and is incorporated herein by reference. 

        The
following table shows the amounts that would have been payable to the named executives under the change in control agreements if a change of control of the Company had occurred on
December 31, 2007 and the named executives' employment with the Company was terminated without cause immediately thereafter. 

	 
	 	Severance Benefit
	 	 
	 	 
	 	 
	 	 
	 	 

	 
	 	Gross

Severance

Benefit

Payable under

the Severance

Benefit

Agreement
	 	Reduction in

Value of

Severance

Benefit to

Comply with

Code Section

280G

Limitation(1)
	 	Estimated

Value of

Continued

Participation

in Health and

other Welfare

Benefit

Plans(2)
	 	Stock

Options(3)
	 	Restricted

Stock(4)
	 	Present Value of

Supplemental

Pension Plan

Benefit
	 	Total

	Mr. Roberts	 	$	6,822,690	 	$	(0	)	$	224,205	 	$	0	 	$	3,703,000	 	$	2,362,903	(5)	$	13,112,798
	Mrs. Lowe	 	$	2,025,000	 	$	(1,176,036	)	$	30,000	 	$	17,334	 	$	222,180	 	$	0	 	$	1,118,478
	Mr. Altmeyer	 	$	3,825,000	 	$	(84,815	)	$	30,000	 	$	34,668	 	$	222,180	 	$	0	 	$	4,027,033
	Mr. Popielec	 	$	2,535,000	 	$	(733,349	)	$	30,000	 	$	6,932	 	$	407,330	 	$	0	 	$	2,245,913
	Mr. Littrell	 	$	2,415,000	 	$	(75,986	)	$	30,000	 	$	20,800	 	$	222,180	 	$	0	 	$	2,611,994

	(1)
	The
agreements with the named executives other than Mr. Roberts prohibit the payment of any benefits that would exceed the limit on parachute payments under Section 280G
of the Internal Revenue Code. The agreements further provide that the severance benefit otherwise payable under the agreements will be reduced to the extent necessary to comply with the Code
Section 280G limitation. Therefore, none of the benefits under the agreements with the named executives other than Mr. Roberts will be subject to the excise tax on excess parachute
payments.

	(2)
	Under
his employment letter agreement with the Company, Mr. Roberts is entitled to retiree medical and dental coverage for the life of Mr. Roberts and his wife if his
employment is terminated without cause. The amount presented for Mr. Roberts is the estimated value of the retiree medical benefits. The amount presented for the 

other
named executives is the estimated value of three years of continued participation in the Company's group health and other welfare benefit plans. 

	(3)
	Value
(based on the closing market price of the Company's common stock on December 31, 2007 of $37.03 per Share) of unvested in-the-money stock options
that would become vested upon a change of control of the Company.

	(4)
	Value
(based on the closing market price of the Company's common stock on December 31, 2007 of $37.03 per Share) of unvested shares of restricted stock that would become vested
upon a change of control of the Company.

	(5)
	Present
value of the Supplemental Pension Plan benefit that would become vested upon termination after a change of control of the Company. Note 14 to the Company's consolidated
financial statements included in the 2007 Annual Report on Form 10-K includes the valuation assumptions and other information relating to the Supplemental Pension Plan. 

        The employment letter with Mr. Roberts also provides for severance benefits. If the Company had terminated Mr. Roberts' employment
for any reason other than gross and willful misconduct or Mr. Roberts had resigned for good reason, in either case as of December 31, 2007, Mr. Roberts would have received the
following severance benefits in accordance with his employment letter: 

	Severance Benefit
 
	 	Stock

Options(1)
	 	Restricted

Stock(2)
	 	Present Value of

Supplemental Pension

Plan Benefit(3)
	 	Estimated Value

of Retiree

Medical Benefits
	 	Total

	$4,548,460	 	$	0	 	$	3,703,000	 	$	2,362,903	 	$	224,205	 	$	10,838,568

	(1)
	Value
(based on the closing market price of the Company's common stock on December 31, 2007 of $37.03 per Share) of unvested in-the-money stock options
that would become vested upon termination.

	(2)
	Value
(based on the closing market price of the Company's common stock on December 31, 2007 of $37.03 per Share) of unvested shares of restricted stock that would become vested
upon termination.

	(3)
	Present
value of the Supplemental Pension Plan benefit that would become vested upon termination. Note 14 to the Company's consolidated financial statements included in the
2007 Annual Report on Form 10-K includes the valuation assumptions and other information relating to the Supplemental Pension Plan.Exhibit 10.18  

Summary of Compensation Arrangements for Nonemployee Directors  

        The Company's nonemployee directors are as follows: Donald G. Calder, Robin S. Callahan, Paul J. Choquette, Jr., Peter L.A. Jamieson, Peter F. Krogh, Stephen P.
Munn, Anthony W. Ruggiero, Lawrence A. Sala, Eriberto R. Scocimara and Magalen C. Webert. Mr. Munn was employed as an executive officer of the Company, and he served as the Chairman of the
Board of Directors, through June 25, 2007 when he elected to retire as an employee and relinquished his title as Chairman in connection with the appointment of Dave A. Roberts as Chairman,
President and Chief Executive Officer. Mr. Munn continues to serve as a member of the Board of Directors and was appointed Lead Director effective June 25, 2007. The Company agreed to
pay Mr. Munn an annual retainer of $300,000 beginning July 1, 2007 for his continued service on the Board as Lead Director. 

        For
2007, the annual fee paid to each nonemployee director other than Mr. Munn was $35,000. In addition, a $5,000 annual attendance fee is paid to each such nonemployee director
who attends at least 75% of the aggregate of (i) the total number of Board of Directors meetings which he or she is eligible to attend, and (ii) all meetings of committees of the Board
on which the director serves. For 2007, each such nonemployee director attended at least 75% of such meetings and received a $5,000 annual attendance fee. 

        The
Board has standing Executive, Audit, Compensation, Pension and Benefits and Corporate Governance and Nominating Committees. 

        The
following table summarizes the compensation paid to Mr. Munn (both for the period through June 25, 2007 when he served as an executive officer of the Company and
Chairman of the Board of Directors and as the Lead Director thereafter) and each other non-employee director for his or her service to the Board and its committees during 2007: 

Director Compensation Table  

	

 

	

 
	 	Name
 
	

 
	 	Fees Earned

or Paid in Cash

($)(1)
	 	

 
	 	Option Awards

($)(2)(3)
	

 
	 	All Other

Compensation

($)(4)
	

 
	 	Total

($)
	

 

	

 	 	

Donald G. Calder	

 	 	$	75,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	119,482	

 
	

 	 	

Robin S. Callahan	

 	 	$	75,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	119,482	

 
	

 	 	

Paul J. Choquette, Jr.	

 	 	$	70,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	114,482	

 
	

 	 	

Peter L.A. Jamieson	

 	 	$	65,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	109,482	

 
	

 	 	

Peter F. Krogh	

 	 	$	65,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	109,482	

 
	

 	 	

Stephen P. Munn	

 	 	$	412,500	 (5)	

 	 	$	222,410	

 	 	$	23,113	

 	 	$	658,023	

 
	

 	 	

Anthony W. Ruggiero	

 	 	$	85,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	129,482	

 
	

 	 	

Lawrence A. Sala	

 	 	$	65,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	109,482	

 
	

 	 	

Eriberto R. Scocimara	

 	 	$	70,000	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	119,482	

 
	

 	 	

Magalen C. Webert	

 	 	$	52,500	 	

 	 	$	44,482	

 	 	$	0	

 	 	$	96,982	

 

	(1)
	The
following directors received a portion of their annual fee in Shares: Mr. Choquette—372 Shares, Mr. Sala—186 Shares and
Mrs. Webert—186 Shares.

	(2)
	The
value of the option awards shown in the table is equal to the expense reported for financial reporting purposes in 2007 (before reflecting forfeitures). Note 12 to the
Company's consolidated financial statements included in the 2007 Annual Report on Form 10-K contains more information about the Company's accounting for stock-based compensation
arrangements.

	(3)
	The
full grant date fair value of the option awards made on February 7, 2007 to the listed directors is as follows: Mr. Calder—$46,740,
Mrs. Callahan—$46,740, Mr. Choquette—$46,740, Mr. Jamieson— 

$46,740,
Mr. Krogh—$46,740, Mr. Munn—$233,700, Mr. Ruggiero—$46,740, Mr. Sala—$46,740,
Mr. Scocimara—$46,740 and Mrs. Webert—$46,740. Note 12 to the Company's consolidated financial statements included in the 2007 Annual Report on
Form 10-K contains more information about the Company's accounting for stock-based compensation arrangements. 

	(4)
	Includes
(i) $9,000 for Company matching contributions to the Company's Employee Incentive Savings Plan, and (ii) $14,113 for reimbursement of financial management fees.

	(5)
	Mr. Munn
was an executive officer of the Company through June 25, 2007. The $412,500 represents base salary for his employment through June 25, 2007 of $262,500
and a retainer of $150,000 for his service on the Board for the remainder of 2007. 

        In
addition, on February 5, 2008, each nonemployee director other than Mr. Munn received 1,805 restricted stock units (the "Units"). Each Unit was valued at $33.25, which
was equal to the closing market price of the Shares on the date of grant. As soon as practicable following the termination of a director's service on the Board, the Company will issue one Share for
each Unit credited to such director's account at the time of termination. 

        Under
the Deferred Compensation Plan for Nonemployee Directors, each nonemployee director is entitled to defer up to 100% of his or her annual retainer and meeting fees. Each participant
can direct the "deemed investment" of his or her account among the different investment funds offered by the Company from time to time. Initially, the investment options include (i) a fixed
rate fund and (ii) Share equivalent units. All amounts held under the Deferred Compensation Plan are 100% vested amounts credited to a participant's account and generally will be paid or
commence to be paid after the participant terminates service as a director. At the participant's election, payments can be made in a lump sum or in quarterly installments. Payments under the Deferred
Compensation Plan are made in cash from the Company's general assets. For the period January 1, 2007 to December 31, 2007, the fixed rate fund accrued interest at five and
one-half percent (5.5%) per annum and the aggregate interest accrued for all participants in the Deferred Compensation Plan was $47,645.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}]]