Exhibit 10.4
BASE SALARIES OF NAMED EXECUTIVE OFFICERS
On April 23, 2009, the Compensation & Organization Committee of the Board of Directors approved the following annual base salaries for United States Steel Corporation named executive officers (as defined in Item 402(a)(3) of Regulation S-K). These base salaries reflect a 20.6% salary reduction for Mr. Surma and 10% salary reductions for the other named executive officers. The salary reductions were announced on April 27, 2009, and became effective on July 1, 2009:
J. P. Surma |
$ | 1,000,000 | |
J. H. Goodish |
$ | 675,000 | |
G. R. Haggerty |
$ | 526,500 | |
J. D. Garraux |
$ | 427,507 | |
D. H. Lohr |
$ | 418,500 |
The named executive officers listed above are also provided the following perquisites: limited personal use of corporate aircraft and automobiles; lunch service supplement; club memberships; financial planning and tax preparation services; annual physical examinations; a parking supplement; personal use of corporate properties; tickets to entertainment and sporting events; and, in the case of executives on foreign assignment, the services of a driver as well as security, housing and utility benefits.