PART II  NOTE 14 Share-Based Compensation The following table refl ects the estimated future benefi t payments for our pension and other postretirement benefi t plans. These amounts are  reflected net of the annual Medicare Part D subsidy (see below) of approximately $0.9 million per year. These estimates take into consideration  expected future service, as appropriate: Assumed health care cost trend rates have an effect on the other  postretirement benefit obligations and net periodic other postretirement  benefit costs reported for the health care portion of the other  postretirement plan. A one-percentage point change in the assumed  health care cost trend rates would be immaterial to our net periodic other  postretirement benefi t costs for the year ended December 31, 2010,  and our other postretirement benefit obligation at December 31, 2010. The FMC Corporation Savings and Investment Plan is a qualifi ed  salary-reduction plan under Section 401(k) of the Internal Revenue  Code in which substantially all of our U.S. employees may participate  by contributing a portion of their compensation. For eligible employees  participating in the Plan, except for those employees covered by certain  collective bargaining agreements, the Company makes matching  contributions of 80% of the portion of those contributions up to 5%  of the employee’s compensation. Additionally, effective July 1, 2007,  all newly hired and rehired salaried and nonunion employees receive  an employer contribution of five percent of the employee’s eligible  compensation. This change was instituted for these employees eff ective  July 1, 2007 since newly hired and rehired salaried and nonunion hourly  employees are no longer eligible for our defi ned benefit plan. Charges  against income for both of these contributions were $7.8 million in  2010, $7.1 million in 2009, and $6.7 million in 2008. The United Kingdom, Ireland and Norway pension plans are included  in our disclosures for all years presented. In the second quarter of 2009,  we settled our obligations associated with our Canadian defi ned benefi t  pension plan through the purchase of an insurance annuity. Th  is event  resulted in a settlement charge of $0.5 million. Th  e financial impact of  compliance with U.S. GAAP pension accounting literature for other  non-U.S. pension plans is not substantially different from the locally  reported pension expense. The cost of providing pension benefi ts for  foreign employees covered by other non-U.S. plans was $3.7 million  in 2010, $2.0 million in 2009, and $4.0 million in 2008. We have a share-based compensation plan, which has been approved  by the stockholders, for certain employees, officers and directors.  This plan is described below. The FMC Corporation Incentive Compensation and Stock Plan (the  “Plan”) provides for the grant of a variety of cash and equity awards  to offi cers, directors, employees and consultants, including stock  options, restricted stock, performance units (including restricted  stock units), stock appreciation rights, and multi-year management  incentive awards payable partly in cash and partly in common stock.  The Compensation and Organization Committee of the Board of  Directors (the “Committee”), subject to the provisions of the Plan,  approves financial targets, award grants, and the times and conditions for  payment of awards to employees. The FMC Corporation Non-Employee  Directors’ Compensation Policy (formerly the FMC Corporation  Compensation Plan for Non-Employee Directors), administered by  the Nominating and Corporate Governance Committee of the Board  of Directors, sets forth the compensation to be paid to the directors,  including awards (currently restricted stock units only) to be made to  directors under the Plan. The total number of shares of common stock authorized for issuance  under the Plan is 14.4 million, which is in addition to the shares  available from predecessor plans. Cancellations (through expiration,  forfeiture or otherwise) of outstanding awards increase the shares  available for future awards or grants. As of December 31, 2010, we  had a total of approximately 3.6 million shares available for future  grants of share-based awards. Under the Plan, awards of restricted stock and restricted stock units  may be made to selected employees. The awards vest over periods  designated by the Committee, which has generally been three years,  with payment conditional upon continued employment. Compensation  cost is recognized over the vesting periods based on the market value  of the stock on the date of the award. Restricted stock units granted  to directors under the Plan vest immediately if granted as part of or  in lieu of the annual retainer; other restricted stock units granted to  directors vest at the Annual Meeting of Shareholders in the calendar  year following the May 1 annual grant date. Stock options granted under the Plan may be incentive or nonqualifi ed  stock options. The exercise price for stock options may not be less than  the fair market value of the stock at the date of grant. Awards granted  under the Plan vest or become exercisable or payable at the time  designated by the Committee, which has generally been three years  from the date of grant. Incentive and nonqualifi ed options granted  under the Plan expire not later than 10 years from the grant date (15  years for grants prior to 1996). 59 FMC CORPORATION    2010 Form 10K FMC Corporation Savings and Investment Plan NOTE 14 Share-Based  Compensation Stock Compensation Plans FMC Corporation Incentive Compensation and Stock  Plan (in Millions) 2011 $68.5 2012 71.4 2013 75.1 2014 77.3 2015 79.7 2016-2020 438.0 Estimated Net Future Benefi t Payments