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NAMED EXECUTIVE OFFICER COMPENSATION

Executive Compensation Plan Agreement

NAMED EXECUTIVE OFFICER COMPENSATION | Document Parties: FRANKLIN RESOURCES INC You are currently viewing:
This Executive Compensation Plan Agreement involves

FRANKLIN RESOURCES INC

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Title: NAMED EXECUTIVE OFFICER COMPENSATION
Date: 11/25/2008
Industry: Investment Services     Sector: Financial

NAMED EXECUTIVE OFFICER COMPENSATION, Parties: franklin resources inc
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EXHIBIT 10.82

NAMED EXECUTIVE OFFICER COMPENSATION

The following table sets forth the current annual base salaries of the Named Executive Officers 1 (the “NEOs”) of Franklin Resources, Inc. (the “Company”) as of October 1, 2008. In light of current market conditions, the NEOs determined to reduce their respective base salaries by ten percent (10%) effective October 1, 2008. Â!

 

 

 

 

 

Name and Principal Position

  

Base Salary

Gregory E. Johnson

President and Chief Executive Officer

  

$

702,119

 

 

Kenneth A. Lewis

Executive Vice President and Chief Financial Officer

  

$

472,500

 

 

Vijay C. Advani

Executive Vice President, Global Distribution

  

$

472,500

 

 

Jennifer J. Bolt

Executive Vice President, Operations and Technology

  

$

472,500

 

 

William Y. Yun

Executive Vice President, Alternative Strategies

  

$

472,500

The Named Executive Officers are also eligible to:

Incentive Compensation

 

 

(a)

receive an annual cash incentive award pursuant to the 2004 Key Executive Incentive Compensation Plan, as amended and restated, and the Company’s Amended and Restated Annual Incentive Compensation Plan


 
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