Dex One (DEXO) 10-K 2010 FY Annual report

EXHIBIT 10.17

DEX ONE CORPORATION

NON-EMPLOYEE DIRECTOR COMPENSATION PROGRAM

(As Modified and in Effect as of June 24, 2010)

Board Member Compensation:

• $125,000 annually ($50,000 cash plus $75,000 stock) (payable immediately following election of directors at annual stockholders meeting)

Non-Executive Chairman and Committee Chair Compensation (all amounts payable in cash quarterly):

• Lead Director: $75,000 annually

• Chair of Audit and Finance Committee: $25,000 annually

• Chair of Compensation and Benefits Committee: $15,000 annually

• Chair of Corporate Governance Committee: $15,000 annually

Additional Compensation (all amounts payable in cash quarterly):

• Meeting Fees: $2,000 per board meeting attended and $2,000 per committee meeting attended (for committee members attending their own committee meetings only)

• Additionally, board members will be reimbursed for reasonable costs and expenses associated with attendance at Board and Board committee meetings and other Dex One business