CARLISLE COMPANIES INC
EXHIBIT 10.18
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<TYPE>EX-10.18
<SEQUENCE>3
<FILENAME>a2183191zex-10_18.htm
<DESCRIPTION>EXHIBIT 10.18
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 </FONT> <FONT SIZE=2><B>Exhibit&nbsp;10.18  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>Summary of Compensation Arrangements for Nonemployee Directors  </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's nonemployee directors are as follows: Donald G. Calder, Robin S. Callahan, Paul J. Choquette, Jr., Peter L.A. Jamieson, Peter F. Krogh, Stephen P.
Munn, Anthony W. Ruggiero, Lawrence A. Sala, Eriberto R. Scocimara and Magalen C. Webert. Mr.&nbsp;Munn was employed as an executive officer of the Company, and he served as the Chairman of the
Board of Directors, through June&nbsp;25, 2007 when he elected to retire as an employee and relinquished his title as Chairman in connection with the appointment of Dave A. Roberts as Chairman,
President and Chief Executive Officer. Mr.&nbsp;Munn continues to serve as a member of the Board of Directors and was appointed Lead Director effective June&nbsp;25, 2007. The Company agreed to
pay Mr.&nbsp;Munn an annual retainer of $300,000 beginning July&nbsp;1, 2007 for his continued service on the Board as Lead Director. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
2007, the annual fee paid to each nonemployee director other than Mr.&nbsp;Munn was $35,000. In addition, a $5,000 annual attendance fee is paid to each such nonemployee director
who attends at least 75% of the aggregate of (i)&nbsp;the total number of Board of Directors meetings which he or she is eligible to attend, and (ii)&nbsp;all meetings of committees of the Board
on which the director serves. For 2007, each such nonemployee director attended at least 75% of such meetings and received a $5,000 annual attendance fee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board has standing Executive, Audit, Compensation, Pension and Benefits and Corporate Governance and Nominating Committees. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table summarizes the compensation paid to Mr.&nbsp;Munn (both for the period through June&nbsp;25, 2007 when he served as an executive officer of the Company and
Chairman of the Board of Directors and as the Lead Director thereafter) and each other non-employee director for his or her service to the Board and its committees during 2007: </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>Director Compensation Table  </B></FONT></P>

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<TH COLSPAN=21 ALIGN="CENTER" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=1><B>

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&nbsp;</B></FONT><BR></TH>
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<TH WIDTH="1%" ALIGN="CENTER" style="font-family:times;border-left:1pt solid black;"><FONT SIZE=1><B>

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&nbsp;</B></FONT><BR></TH>
<TH WIDTH="1%" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="32%" ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1><B>Name<BR> </B></FONT><BR></TH>
<TH WIDTH="1%" ALIGN="CENTER" style="font-family:times;border-right:1pt solid black;"><FONT SIZE=1><B>

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&nbsp;</B></FONT><BR></TH>
<TH WIDTH="1%" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>Fees Earned<BR>
or Paid in Cash<BR>
($)(1)</B></FONT><BR></TH>
<TH WIDTH="1%" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="1%" ALIGN="CENTER" style="font-family:times;border-right:1pt solid black;"><FONT SIZE=1><B>

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&nbsp;</B></FONT><BR></TH>
<TH WIDTH="1%" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>Option Awards<BR>
($)(2)(3)</B></FONT><BR></TH>
<TH WIDTH="1%" ALIGN="CENTER" style="font-family:times;border-right:1pt solid black;"><FONT SIZE=1><B>

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&nbsp;</B></FONT><BR></TH>
<TH WIDTH="1%" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>All Other<BR>
Compensation<BR>
($)(4)</B></FONT><BR></TH>
<TH WIDTH="1%" ALIGN="CENTER" style="font-family:times;border-right:1pt solid black;"><FONT SIZE=1><B>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</B></FONT><BR></TH>
<TH WIDTH="1%" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>Total<BR>
($)</B></FONT><BR></TH>
<TH WIDTH="1%" ALIGN="CENTER" style="font-family:times;border-right:1pt solid black;"><FONT SIZE=1><B>

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&nbsp;</B></FONT><BR></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

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Donald G. Calder</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>75,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>119,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-top:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Robin S. Callahan</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>75,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>119,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Paul J. Choquette, Jr.</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>70,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>114,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Peter L.A. Jamieson</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>65,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>109,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Peter F. Krogh</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>65,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>109,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Stephen P. Munn</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>412,500</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2> (5)</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>222,410</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>23,113</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>658,023</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Anthony W. Ruggiero</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>85,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>129,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Lawrence A. Sala</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>65,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>109,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Eriberto R. Scocimara</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>70,000</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>119,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD WIDTH="1%" style="font-family:times;border-left:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-left:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="32%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GUTTERGRID,"border-bottom:1pt solid black;" -->

Magalen C. Webert</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="14%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>52,500</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>44,482</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="13%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>0</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
<TD WIDTH="1%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>$</FONT></TD>
<TD WIDTH="8%" ALIGN="RIGHT" style="font-family:times;border-bottom:1pt solid black;"><FONT SIZE=2>96,982</FONT></TD>
<TD WIDTH="1%" ALIGN="RIGHT" style="font-family:times;border-right:1pt solid black;border-bottom:1pt solid black;"><FONT SIZE=2>

<!-- COMMAND=ADD_GRID,"border-right:1pt solid black;" -->

&nbsp;</FONT></TD>
</TR>
</TABLE>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(1)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
following directors received a portion of their annual fee in Shares: Mr.&nbsp;Choquette&#151;372 Shares, Mr.&nbsp;Sala&#151;186 Shares and
Mrs.&nbsp;Webert&#151;186 Shares.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(2)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
value of the option awards shown in the table is equal to the expense reported for financial reporting purposes in 2007 (before reflecting forfeitures). Note&nbsp;12 to the
Company's consolidated financial statements included in the 2007 Annual Report on Form&nbsp;10-K contains more information about the Company's accounting for stock-based compensation
arrangements.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(3)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
full grant date fair value of the option awards made on February&nbsp;7, 2007 to the listed directors is as follows: Mr.&nbsp;Calder&#151;$46,740,
Mrs.&nbsp;Callahan&#151;$46,740, Mr.&nbsp;Choquette&#151;$46,740, Mr.&nbsp;Jamieson&#151; </FONT></DD></DL>
<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2183191",CP="CARLISLE COMPANIES INCORPORATED",DN="3",CHK=608181,FOLIO='blank',FILE='DISK123:[08ZAE1.08ZAE46001]KG46001A.;13',USER='JLAWRENA',CD='28-FEB-2008;21:08' -->
<UL>

<P style="font-family:times;"><FONT SIZE=2>$46,740,
Mr.&nbsp;Krogh&#151;$46,740, Mr.&nbsp;Munn&#151;$233,700, Mr.&nbsp;Ruggiero&#151;$46,740, Mr.&nbsp;Sala&#151;$46,740,
Mr.&nbsp;Scocimara&#151;$46,740 and Mrs.&nbsp;Webert&#151;$46,740. Note&nbsp;12 to the Company's consolidated financial statements included in the 2007 Annual Report on
Form&nbsp;10-K contains more information about the Company's accounting for stock-based compensation arrangements. </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(4)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
(i)&nbsp;$9,000 for Company matching contributions to the Company's Employee Incentive Savings Plan, and (ii)&nbsp;$14,113 for reimbursement of financial management fees.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(5)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Mr.&nbsp;Munn
was an executive officer of the Company through June&nbsp;25, 2007. The $412,500 represents base salary for his employment through June&nbsp;25, 2007 of $262,500
and a retainer of $150,000 for his service on the Board for the remainder of 2007. </FONT></DD></DL>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, on February&nbsp;5, 2008, each nonemployee director other than Mr.&nbsp;Munn received 1,805 restricted stock units (the "Units"). Each Unit was valued at $33.25, which
was equal to the closing market price of the Shares on the date of grant. As soon as practicable following the termination of a director's service on the Board, the Company will issue one Share for
each Unit credited to such director's account at the time of termination. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under
the Deferred Compensation Plan for Nonemployee Directors, each nonemployee director is entitled to defer up to 100% of his or her annual retainer and meeting fees. Each participant
can direct the "deemed investment" of his or her account among the different investment funds offered by the Company from time to time. Initially, the investment options include (i)&nbsp;a fixed
rate fund and (ii)&nbsp;Share equivalent units. All amounts held under the Deferred Compensation Plan are 100% vested amounts credited to a participant's account and generally will be paid or
commence to be paid after the participant terminates service as a director. At the participant's election, payments can be made in a lump sum or in quarterly installments. Payments under the Deferred
Compensation Plan are made in cash from the Company's general assets. For the period January&nbsp;1, 2007 to December&nbsp;31, 2007, the fixed rate fund accrued interest at five and
one-half percent (5.5%) per annum and the aggregate interest accrued for all participants in the Deferred Compensation Plan was $47,645. </FONT></P>

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<P style='font-family:times;page-break-before:always'></p>
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