Dominion Resources, Inc. Non-Employee Directors’ Annual Compensation Schedule (2006)
This document outlines the annual compensation for non-employee directors of Dominion Resources, Inc. as of December 31, 2006. Directors receive an $80,000 annual retainer, split evenly between cash and stock, with new and eligible directors receiving $40,000 in stock. Additional compensation is provided for serving as committee chairs and for attending board and committee meetings. The agreement specifies the amounts paid for each role and meeting type.
Exhibit 10.41
Dominion Resources, Inc.
Non-Employee Directors’ Annual Compensation
As of December 31, 2006
| Annual Retainer | Amount | |
| Service as Director | $80,000 ($40,000 cash; $40,000 stock) | |
| Eligible and New Directors | $40,000 stock | |
| Service as Audit Committee or Compensation, Governance and Nominating Committee Chair | $15,000 | |
| Service as Finance and Risk Oversight Committee Chair | $ 5,000 | |
| Meeting Fees | ||
| Board meetings | $2,000 per meeting | |
| Audit and Compensation, Governance and Nominating Committee meetings | $2,000 per meeting | |
| Finance and Risk Oversight Committee meetings | $1,500 per meeting | |
