PFIZER INC. NONFUNDED DEFERRED COMPENSATION AND UNIT AWARD PLAN FOR NON-EMPLOYEE DIRECTORS

Exhibit 10(17)

PFIZER INC. NONFUNDED DEFERRED
COMPENSATION AND UNIT AWARD PLAN FOR
NON-EMPLOYEE DIRECTORS
(Effective June 23, 1994)
(Amended September 26, 1996)
(Further Amended Effective March 1, 2006)

     1. Each director who is not an employee of Pfizer Inc. (the "Company") or any of subsidiaries may elect on or before the last day of any calendar quarter to have payment of all or a specified part of all fees payable to him or her for services as a director during the following calendar quarter and thereafter deferred until he or she ceases to be director of the Company. Any such election shall be made by written notice directed the Secretary of the Company. Any such election may be terminated, or may be modified as to amount of deferral or form of deferral (whether interest or units), with regard to fees to be paid during the following calendar quarter and thereafter upon written notice directed to the Secretary of the Company on or before the last day of the calendar quarter preceding the calendar quarter in which such fees would otherwise be payable. director may elect to switch the form of deferral of previously deferred fees effective on the first day of any calendar quarter by giving prior written notice directed to the Secretary of the Company; provided, however, that a switch into, or out of, the unit account shall be permitted only if the director has not elected to switch out of, or into, the unit account within this Plan, the Pfizer Company Stock Fund within the Pfizer Savings Pl