2008 Registration Document - Rexel

11. Compensation of corporate officersSummary of the employment agreements, the specific pension plans, the severance indemnitiesand the non-compete clausesA summary of the employment agreements, the specific pension plans, the severance indemnities and the non-compete clausesis set forth in the table below:Corporate officerEmploymentagreementSpecific pensionplanSeveranceindemnitiesNon-competeclauseJean-Charles PauzeChairman of the Management BoardFrom February 13, 2007 untilthe shareholders’ meeting decidingon the accounts for the financial yearending December 31, 2010YesEmployment agreementsuspended sinceMarch 1, 2007, takinginto account the factthat the AFEP-MEDEFrecommendations arenot applicable tothe current dutiesYes(see paragraph 11.2of this Document deRéférence)Yes(see paragraph 11.1.2of this Document deRéférence)YesDuration: 12 monthsIndemnities: 1/12 th ofthe annual gross fixedcompensation per monthNicolas LwoffMember of the Management BoardFrom February 13, 2007 untilthe shareholders’ meeting decidingon the accounts for the financial yearending December 31, 2010YesEmployment agreementsuspended sinceJanuary 1, 2008Yes(see paragraph 11.2of this Document deRéférence)Yes(see paragraph 11.1.2of this Document deRéférence)YesDuration: 12 monthsIndemnities: 1/12 th ofthe annual gross fixedcompensation per monthPascal MartinMember of the Management BoardFrom February 13, 2007 untilthe shareholders’ meeting decidingon the accounts for the financial yearending December 31, 2010YesEmployment agreementsuspended sinceJanuary 1, 2008Yes(see paragraph 11.2of this Document deRéférence)Yes(see paragraph 11.1.2of this Document deRéférence)YesDuration: 12 monthsIndemnities: 1/12 th ofthe annual gross fixedcompensation per monthJean-Dominique PerretMember of the Management BoardFrom February 13, 2007 untilthe shareholders’ meeting decidingon the accounts for the financial yearending December 31, 2010YesYes,since January 1, 2009(see paragraph 11.2of this Document deRéférence)Yes(see paragraph 11.1.2of this Document deRéférence)YesDuration: 12 monthsIndemnities: 1/12 th ofthe annual gross fixedcompensation per monthFree shares and share subscription or sharepurchase optionsFree shares were granted to the members of theManagement Board, as described in paragraph 12.2.6 ofthis Document de Référence.In addition, during the year ended December 31, 2008,the members of the Management Board exercised sharesubscription options issued by Rexel Distribution, under theterms described in paragraph 12.2.5.2.2 of this Documentde Référence.PAGE 122 | REXEL 2008