Summary of Compensation Arrangements for Executive Chairman of CenterPoint Energy, Inc.

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Summary

This document outlines the compensation terms for Milton Carroll, Executive Chairman of CenterPoint Energy, Inc. His annual base salary is set at $625,000 starting April 1, 2016, and will remain at that level unless changed by the Board or upon his departure from the role. Additionally, his long-term incentive compensation target is increased to 300% of his base salary. No extra restricted stock units were granted to him in 2016, except those related to his long-term incentive award.

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EX-10.S 3 cnp_exhibit10sx12312015.htm EXHIBIT 10.S Exhibit


Exhibit 10(s)

CenterPoint Energy, Inc.
Summary of Certain Compensation Arrangements
of the Executive Chairman of the Board



The following is a summary of certain compensation arrangements payable to Milton Carroll, the Executive Chairman of the Board of Directors (the “Board”) of CenterPoint Energy, Inc. (the “Company”):
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Mr. Carroll's annual base salary is increased from $600,000 to $625,000 effective as of April 1, 2016 and continuing thereafter until the termination of Mr. Carroll's service as Executive Chairman of the Board or as otherwise modified by the Board;

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Mr. Carroll’s long-term incentive compensation target is increased from a target equal to 200% of base salary to a target equal to 300%.

Mr. Carroll was not granted any additional awards of restricted stock units in 2016, other than in connection with his long-term incentive award noted above.