Symantec 2012 Annual Report Download - page 76

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Certain Related Person Transactions
In July 2009, Symantec entered into a dry-lease agreement for an aircraft with a company owned by John
W. Thompson, our former Chairman. Pursuant to the agreement, Symantec has leased the aircraft on a
non-exclusive basis from Mr. Thompson’s company from time to time solely for Messrs. Thompson’s and
Salem’s business-related travel, at a dry-lease rate of $1,650 per flight hour. Pursuant to an agreement with an
unrelated party, Symantec has also agreed to pay the variable operating costs of Messrs. Thompson’s and
Salem’s business travel on this aircraft. The arrangement was approved by the Nominating and Governance
Committee of our Board. The Nominating and Governance Committee has determined that the amounts billed by
Mr. Thompson’s company for our use of the aircraft are at or below the market rates charged by third-party
commercial charter companies for similar aircraft. Symantec paid $147,015 under this arrangement during fiscal
2012.
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