Summary of Compensation Payable to Named Executive Officers (February 27th, 2009)
Base Salary. The Compensation Committee (the Committee) of the Board of Directors of Yahoo! Inc. (Yahoo) has previously approved the annual base salaries of Yahoos principal executive officer, principal financial officer, and the other executive officers who were named in the Summary Compensation Table of the Companys Proxy Statement filed with the SEC on June 9, 2008 and who are currently employed by the Company (together, the Named Executive Officers). The following table shows the current annual base salary for 2009 for each of the Named Executive Officers:
October 6, 2004 Michael Murray Dear Michael: (March 11th, 2005)
On behalf of Yahoo! Inc., I am pleased to offer you the position of Senior Vice President of Finance, reporting to Sue Decker. Your total compensation package, as outlined below in this letter, is subject to the approval of the Compensation Committee of the Board of Directors. Your starting salary will be $27,083.33 per month ($325,000.00 annually), paid semi-monthly, less applicable taxes and withholdings, and subject to annual review. You also will be eligible to participate in the regular Yahoo! health insurance benefits and other employee benefit plans established by the Company generally for its employees.