Remuneration summary

Summary board contract terms and annual fees/salaries

Name	Appointment date	Notice period	Base fee/ salary	Committee chair fee	Senior independent director fee	Allowance	Current annual fee/salary
Chairman
Peter Johnson	01 Mar 2007	3 months	£150,000	–	–	£10,000	£160,000
Executive directors
Ian Burke	06 Mar 2006	12 months	£525,000	–	–	–	£525,000
Paddy Gallagher	02 June 2008	12 months	£300,000	–	–	–	£300,000
Non-executive directors
Richard Greenhalgh	01 July 2004	3 months	£38,000	£7,500	£2,500	–	£48,000
Owen O’Donnell	11 Sept 2008	3 months	£38,000	–	–	–	£38,000
Bill Shannon	03 Apr 2006	3 months	£38,000	–	–	–	£38,000
John Warren	01 Jan 2006	3 months	£38,000	£8,500	–	–	£46,500
Tim Scoble	22 Apr 2010	3 months	£38,000	–	–	–	£38,000
Mike Smith	22 Apr 2010	3 months	£38,000	–	–	–	£38,000

Directors’ remuneration summary

The detailed emoluments received by the directors for 2009 are shown below with the annual rate
of base pay from 1 January 2010:

	Base salary/ base fees (£000)	Committee chairman’s fees (£000)	Benefits (£000)	Expense allowances (including car allowance) (£000)	Annual bonus (£000)	SIPP/ DC pension/ salary supplement (£000)	Termination benefits (£000)	Total emoluments		Annual rate of basic pay from 01 Jan 2010 (£000)
								2009 (£000)	2008 (£000)
Chairman:
Peter Johnson	150	–	–	10	–	–	–	160	160	150
Executive directors:
Ian Burke1	525	–	17	19	365	184	–	1,110	1,096	525
Paddy Gallagher2	300	–	6	13	167	44	–	530	284	300
Peter Gill3	–	–	–	–	–	–	112	112	724	–
Non-executive directors:
Richard Greenhalgh	38	10	–	–	–	–	–	48	48	38
Bill Shannon	38	–	–	–	–	–	–	38	38	38
John Warren	38	9	–	–	–	–	–	47	47	38
Owen O’Donnell4	38	–	–	–	–	–	–	38	12	38
Total	1,127	19	23	42	532	228	112	2,083	2,409	1,127

1. 1The Company makes a contribution of 35% of base salary to Ian Burke’s SIPP.
2. 2Paddy Gallagher joined as finance director on 2 June 2008.
3. 3Peter Gill left the Company on 1 June 2008. From 2 June 2008 to 1 March 2009 he received a monthly payment equivalent to one twelfth of his annual base salary plus fixed benefits. Thereafter he received a payment of £26,307 to cover the balance of his notice period to 1 June 2009 at a rate of £8,769 per month.
4. 4Owen O’Donnell joined as a non-executive director on 11 September 2008.
5. 5In addition to the above, the widow of John Garrett, a former executive director, received £37,658 (2008: £34,539) in respect of an unfunded pension obligation.