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Exhibit 10.2
The following summarizes the 2011 Executive Compensation Program approved by the Compensation Committee of the Board of Directors of Jefferies Group, Inc. for the following executive officers:
Peregrine C. Broadbent Chief Financial Officer Salary: | $ | 1,000,000 | ||
Bonus Range: | Discretionary* | |||
Long-term Equity Incentive: | $ | 0 | ||
Charles J. Hendrickson Treasurer Salary: | $ | 325,000 | ||
Bonus Range: | Discretionary* | |||
Long-term Equity Incentive: | $ | 0 |
* | The Compensation Committee may choose to pay all or a portion of the bonus, if any, in cash, restricted stock or restricted stock units. |