AMERICAN ELECTRIC POWER COMPANY, INC. SCHEDULE OF NON-EMPLOYEE DIRECTORS ANNUAL COMPENSATION Effective January 1, 2006 Retainer1 Amount Service as a Director $67,500 Service as Audit Committee Chair $15,000 Service as Audit Committee Member $12,000 Service as Presiding Director $15,000

Contract Categories: Human Resources - Compensation Agreements
EX-10.(U) 6 x10u.htm SCHEDULE OF DIRECTORS' ANNUAL COMPENSATION Director's Compensation
EXHIBIT 10(u)


AMERICAN ELECTRIC POWER COMPANY, INC.

SCHEDULE OF NON-EMPLOYEE DIRECTORS’ ANNUAL COMPENSATION

Effective January 1, 2006


Retainer1
            Amount
 
 
Service as a Director
            $67,500
 
 
Service as Audit Committee Chair
            $15,000
 
 
Service as Audit Committee Member
            $12,000
 
 
Service as Presiding Director
            $15,000


1 Retainer amounts are paid quarterly


Each non-employee director also receives annually $82,500 in AEP stock units pursuant to the AEP Stock Unit Accumulation Plan. In addition, non-employee directors will be paid a fee of $1,200 per day for special assignments (such as attendance at Nuclear Regulatory Commission meetings).