October 26, 2006 Mr. Lewis A. Sanders AllianceBernstein Corporation New York, NY 10105 Dear Lew:Alliancebernstein L.P. • October 31st, 2006 • Investment advice • New York
Company FiledOctober 31st, 2006 Industry JurisdictionThis letter, which sets forth the terms of your agreement with AllianceBernstein Corporation (the “Company”) and AllianceBernstein L.P. (the “Partnership”), has been duly reviewed and approved by the Compensation Committee of the Board of Directors of the Company (the “Board”).