This excerpt taken from the EQIX DEF 14A filed Apr 23, 2009.
Schwartz Expatriate Agreement
In April 2008, the Compensation Committee approved an expatriate agreement for Mr. Schwartz in connection with his assumption of the leadership role of Equinixs European business, headquartered in London, England, in June 2008. Mr. Schwartzs international assignment is anticipated to continue for approximately two years. In addition to his base salary and continued participation in Equinixs annual incentive plans, under the expatriate agreement Mr. Schwartz is entitled to benefits that are designed to minimize the financial impact of the expatriate assignment and minimize the disruption to his family of the overseas location. Among the benefits offered are tax equalization payments, participation in an international health plan for Mr. Schwartz and his family, housing assistance, dependent education costs, and an annual cost of living payment of $35,920 to address the higher cost of living in London. Additional details regarding Mr. Schwartzs expatriate agreement may be found elsewhere in this discussion and proxy statement.