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Exhibit 10.7
WELLPOINT, INC.
BOARD OF DIRECTORS COMPENSATION
PROGRAM
(AS AMENDED MAY 20,
2009)
CASH
COMPENSATION—Retainers
Annual Board
Retainer:
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$50,000 for all Directors paid
quarterly in advance (in four equal installments of $12,500) on
January 1, April 1, July 1 and
October 1.
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Additional Annual Retainer for
Committee Chairs:
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$15,000 for the Chair of the
Audit Committee of the Board of Directors paid quarterly in advance
(in four equal installments of $3,750) on
January 1, April 1, July 1 and
October 1.
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$10,000 for the Chair of each
other Committee of the Board of Directors paid quarterly in advance
(in four equal installments of $2,500) on
January 1, April 1, July 1 and
October 1.
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Additional Annual Retainer for
the Chairman of the Board of Directors
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$250,000 for the Chairman of the
Board of Directors paid quarterly in advance (in four equal
installments of $62,500) on
January 1, April 1, July 1 and
October 1.
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CASH COMPENSATION—Meeting
Fees
Board of Directors
Meetings:
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$2,000 for Board of Directors
Meetings held in person
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$1,000 for Board of Directors
Meetings held telephonically unless otherwise specified
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Committee
Meetings:
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$2,000 for the Audit Committee
Meetings held in person
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$1,000 for the Audit Committee
Meetings held telephonically unless otherwise specified
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$1,500 for all other
Committ
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