Document:

Summary of Changes to Non-employee Director Compensation

 Exhibit 10.6 
 Summary of Changes to Non-employee Director Compensation 
 On February 15, 2008, the Board of Directors of The Gap, Inc. (the
“Board”) approved the following changes to nonemployee director compensation, effective beginning in the first fiscal quarter of 2008. All other components of director compensation remain unchanged. 
  

	 	•	 	 The annual cash retainer for Nonemployee Directors is increased from $50,000 to $70,000 per annum. 

  

	 	•	 	 The annual fee for the Lead Independent Director is increased from $10,000 to $20,000. 

  

	 	•	 	 The Board meeting attendance fee of $2,000 for each Board meeting attended is eliminated. 

  

	 	•	 	 Nonemployee Directors who primarily reside outside of North America shall receive a fee of $2,000 for attendance at each Board and/or committee meeting (single fee
for each round trip) requiring travel to the U.S. 

  

	 	•	 	 The first annual stock unit grant for newly-appointed Nonemployee Directors (i.e., Nonemployee Directors who were appointed after the Company’s last annual
shareholders meeting) shall be prorated based on the number of days that the director has served between his or her appointment and the date of that first annual stock unit grant (the initial grant of stock units granted to Nonemployee Directors
upon their initial appointment or election shall not be changed).Letter Agreement dated April 1, 2008

 Exhibit 10.7 
  

			
	

	  	 GPS Services
 Two Folsom Street
 San Franciso, CA 94105
  
 www.gapinc.com

 Dated as of April 1, 2008 
 FIRST ANNIVERSARY EXTENSION REQUEST AND FACILITY REDUCTION 
 Citicorp USA Inc. 
 388 Greenwich, 23rd Floor 
 New York, NY 10013 
 Attention: John McQuiston

 Ladies and Gentlemen: 
 We refer to the 3-Year Letter of
Credit Agreement, dated as of May 6, 2005 (the “Agreement”), as amended May 18, 2007 (“Amendment No. 1”), between the undersigned and you. 
 Extension of Termination Date 
 Pursuant to Section 2.17 of the Agreement, the Company, by written notice, can
request to extend the Termination Date set forth in the Agreement (May 18, 2010) by one year by providing notice at least 45 days but not more than 60 days prior to each of the first and second anniversaries of the date of Amendment No. 1.

 The LC Issuer shall, not later than 30 days prior to such anniversary date, notify the Company in writing as to whether it will consent to such extension.

 We hereby request extension of the termination date of the 3-Year Letter of Credit Agreement to May 18, 2011. 
 Reduction in Facility Amount 
 Further, pursuant to Section 2.09
of the Agreement, the Company hereby reduces the Facility Amount to $100,000,000.00, effective May 18, 2008. 
  

									
		 		 	 Very truly yours,
  
 THE GAP, INC.

				
	Acknowledged and Approved,	 		 	By	 	/s/ Jennifer Cho
		 		 		 		 	Vice President and Treasurer
	/s/ John McQuiston	 		 		 	
	 John McQuiston
 Citicorp USA
IncLetter Agreement dated April 1, 2008

 Exhibit 10.8 
  

			
		
	

	  	 GPS Services
 Two Folsom Street
 San Franciso, CA 94105
  
 www.gapinc.com

 Dated as of April 1, 2008 
 FIRST ANNIVERSARY EXTENSION REQUEST AND FACILITY REDUCTION 
 HSBC Bank USA, National Association

 452 Fifth Avenue, 5th Floor 
 New York, NY 10018 
 Attention: Jeremy Bollington 
 Ladies and Gentlemen: 
 We refer to the 3-Year Letter of Credit Agreement, dated as of May 6, 2005 (the “Agreement”), as amended May 18, 2007 (“Amendment No. 1”), between the undersigned and you. 
 Extension of Termination Date 
 Pursuant to Section 2.17 of the
Agreement, the Company, by written notice, can request to extend the Termination Date set forth in the Agreement (May 18, 2010) by one year by providing notice at least 45 days but not more than 60 days prior to each of the first and second
anniversaries of the date of Amendment No. 1. 
 The LC Issuer shall, not later than 30 days prior to such anniversary date, notify the Company in
writing as to whether it will consent to such extension. 
 We hereby request extension of the termination date of the 3-Year Letter of Credit Agreement to
May 18, 2011. 
 Reduction in Facility Amount 
 Further, pursuant to Section 2.09 of the Agreement, the Company hereby reduces the Facility Amount to $100,000,000.00, effective May 18, 2008. 

									
		 		 	 Very truly yours,
  
 THE GAP, INC.

				
	Acknowledged:	 		 	By	 	/s/ Jennifer Cho
		 		 		 		 	Vice President and Treasurer
	 HSBC BANK USA, NATIONAL ASSOCIATION
 /s/ Thomas Foley
	 		 		 	
	 Name: Thomas Foley
 Title: Sr. Vice PresidentAmendment dated as of June 6, 2008 to the Amended and Restated Rights Agreement

 Exhibit 4.1 
 FIRST AMENDMENT TO AMENDED AND RESTATED RIGHTS AGREEMENT 
 THIS AMENDMENT (this
“Amendment”) is dated as of June 6, 2008 and amends the Amended and Restated Rights Agreement (the “Rights Agreement”), dated as of December 20, 2001, between ACE Limited, a Cayman Islands company (the
“Company”), and Mellon Investor Services LLC, as Rights Agent (the “Rights Agent”). 
 RECITALS

 WHEREAS, the Company and the Rights Agent have heretofore executed and entered into the Rights Agreement. 
 WHEREAS, pursuant to Section 27 of the Rights Agreement, from time to time the Company may, and the Rights Agent shall if the Company so directs,
supplement and amend the Rights Agreement. 
 WHEREAS, the Board of Directors of the Company has determined that an amendment to the Rights
Agreement as set forth herein is necessary and desirable in connection with the foregoing and the Company desires to evidence such amendment in writing. 
 WHEREAS, all acts and things necessary to make this Amendment a valid agreement, enforceable according to its terms have been done and performed, and the execution and delivery of this Amendment by the Company have
been in all respects duly authorized by the Company. 
 Accordingly, the parties agree as follows: 
 1. Amendment of Final Expiration Date. 
 (a) The definition of
“Final Expiration Date” set forth in Section 1 of the Rights Agreement is hereby amended to read in its entirety as follows: 
 “Final Expiration Date” shall be the date of the de-registration of the Company in the Cayman Islands. 
 (b)
Section 7(a) of the Rights Agreement is amended to read in its entirety as follows: 
 Subject to Section 7(e) hereof, the
registered holder of any Right Certificate may exercise the Rights evidenced thereby (except as otherwise provided herein including, without limitation, the restrictions on exercisability set forth in Sections 11(a)(iii), 23(a) and 24(b)
hereof) in whole or in part at any time after the Distribution Date upon surrender of the Right Certificate, with the form of election to purchase on the reverse side thereof duly executed, to the Rights Agent at the office of the Rights Agent
designated for such purpose, together with payment of the Exercise Price with respect to each surrendered Right for the total number of Preference Shares (or other securities or property, as the case may be) as to which the Rights are exercised, at
or prior to the earliest of (i) the Final Expiration Date, (ii) the time at which the Rights are redeemed as provided in Section 23 hereof (the “Redemption Date”) or (iii) the time at which all exercisable Rights are
exchanged by the Company as provided in Section 24 hereof (such earliest date being herein referred to as the “Expiration Date”). 

 (c) The references to June 1, 2009 in the Form of Rights Certificate attached as
Exhibit B to the Rights Agreement and in the Summary of Shareholder Rights Plan attached as Exhibit C to the Rights Agreement are amended to read as the Final Expiration Date pursuant to this Amendment. 
 (d) The Company shall provide written notice to the Rights Agent of the Final Expiration Date. 
 2. Effectiveness. This Amendment shall become effective at such time as proposals nos. 2, 3, 4 and 5 as identified in the Company’s proxy
statement/prospectus dated May 30, 2008 are approved by the shareholders at the Company’s 2008 Annual General Meeting. Prior to the effectiveness of the de-registration of the Company in the Cayman Islands, the Company may revoke this
Amendment. The Company shall provide to the Rights Agent written notice of the effective date promptly after its occurrence. 
 3. Direction
to the Rights Agent. By its execution and delivery hereof, the Company directs the Rights Agent to execute this Amendment. 
 4.
Miscellaneous. This Amendment shall be deemed to be a contract under the laws of the State of New York and for all purposes shall be governed and construed in accordance with the laws of such State applicable to contracts to be made and performed
entirely within such State. If any term, provision, covenant or restriction of this Amendment is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and
restrictions of this Amendment shall remain in full force and effect and shall in no way be effected, impaired or invalidated. Except as otherwise expressly provided herein, or unless the context otherwise requires, all terms used herein have the
meanings assigned to them in the Rights Agreement. 
  

 2 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the day and
year first above written. 
  

			
	ACE LIMITED
		
	By:	 	 /s/ ROBERT F. CUSUMANO

	Name:	 	Robert F. Cusumano
	Title:	 	General Counsel
	
	 MELLON INVESTOR SERVICES LLC,
 as Rights
Agent

		
	By:	 	 /s/ DEBORAH BASS

	Name:	 	Deborah Bass
	Title:	 	Relationship Manager

  

 3Letter Agreement dated June 5, 2008, William R. McLennan

 EXHIBIT 10.1 
 

 

			
		 	 Corporate Offices
 1100
Winter Street
 Suite 4600
 Waltham, MA 02451
 United States
 Tel:
781.663.5000
 Fax: 781.663.5100

 June 5, 2008 
 Mr. William R. McLennan 
 ModusLink Corporation 
 1100
Winter Street, Suite 4600 
 Waltham, MA 02451 
 Dear Bill:

 Congratulations on your taking on your new role as President, Global Operations of ModusLink Corporation (“ModusLink” or the
“Company”). In this capacity you will continue to report to Joseph C. Lawler, President and Chief Executive Officer of ModusLink. 
 This letter
will serve to memorialize certain changes to your compensation arrangements with the Company. 
 Effective as of June 1, 2008, your salary will be
$17,307.69 bi-weekly, which is equivalent to an annualized base salary of $450,000. You will also continue to be eligible to receive a bonus for fiscal year 2008 based on a target bonus equal to 60% of your earned base salary. The actual bonus
payment you receive will be based on the Company’s and CMGI’s successful satisfaction of fiscal year 2008 business objectives pursuant to the terms and conditions of the CMGI FY2008 Executive Management Incentive Plan. For fiscal year
2009, commencing August 1, 2008, you will participate in the Company’s FY2009 Executive Management Incentive Plan (which will be established by CMGI’s Compensation Committee) with a target bonus of 80% of your earned base salary. The
actual bonus payment you receive for fiscal 2009 will be subject to the terms and conditions of the plan, which is expected to provide for payouts that range from 0% to 200% of target. All salary and bonus payments are subject to normal deductions
and withholdings. 
 In addition, on the third business day following the public release of the results of operations of CMGI for the fiscal quarter ended
April 30 2008 (provided that you remain employed by ModusLink through such reporting date), you will be granted an option to purchase 25,000 shares of CMGI common stock under CMGI’s 2004 Stock Incentive Plan or 2000 Stock Incentive Plan.
This option will be priced at the closing price of CMGI’s common stock (during normal trading hours) on the date of grant. Provided you remain employed by the Company on each vesting date, this option will vest in five equal annual installments
(each relating to 20% of the shares covered by the option), on each of the first five anniversary dates of the date of grant, so that the option becomes fully vested and exercisable on the fifth anniversary of the date of grant. The option shall
have a seven (7) year term. 
 www.moduslink.com 

 Mr. William R. McLennan 
 Page Two 
 June 5, 2008 
 On the third business
day following the public release of the results of operations of CMGI for the fiscal quarter ended April 30, 2008 (provided that you remain employed by ModusLink through such reporting date), you will also be awarded 25,000 shares of restricted
common stock of CMGI. This award will be made pursuant to CMGl’s 2004 Stock Incentive Plan or 2000 Stock Incentive Plan. Provided you remain employed by the Company on each vesting date, the restrictions with respect to the restricted stock
award will lapse in five equal annual installments (each with respect to 20% of the award), on each of the first five anniversary dates of your start date. The Company encourages you to promptly speak with your own tax or legal advisor with respect
to the tax effect and any filings that you may want to make with the Internal Revenue Service in connection with this restricted stock award. 
 The option
and the restricted stock award described above will each be subject to all terms, limitations, restrictions and termination provisions set forth in the referenced plans and in the separate option and restricted stock agreements (which will be based
upon CMGl’s standard forms of option and restricted stock agreement) that will be executed to evidence the grant of such option and award of restricted stock. You will also be required to execute the Company’s standard form of
Non-Competition Agreement as a condition of CMGI granting you an option to purchase CMGI common stock, awarding you shares of CMGI restricted stock and your employment with the Company. 
 In addition, you will be provided a monthly car allowance in the amount of $1,000, which will be treated for tax purposes as additional compensation to you. 
 In connection with your new role, you will be moving back to the U.S. Accordingly, except for the Company’s obligations with respect to repatriating you and with
respect to the equalization, the Letter of Understanding dated March 10, 2005, as modified to date, shall be of no further force or effect. 
  

	
	Sincerely,
	
	 /s/ James J. Herb

	James J. Herb
	Senior Vice President, Human Resources

 Agreed and accepted: 
  

					
	 /s/ William R. McLennan
	 		 	 6/6/08

	William R. McLennan	 		 	Date

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