Employment Arrangement Summary between TXU Corp. and Eric H. Peterson
TXU Corp. has employed Eric H. Peterson as Executive Vice President and General Counsel starting May 1, 2005, on an at-will basis. Mr. Peterson receives an annual salary of $507,000 and is eligible for an annual bonus, incentive awards, and participation in the company's salary deferral plan. The arrangement outlines his compensation and benefits but does not specify a fixed employment term.
Exhibit 10.8
Eric H. Peterson
Employment Arrangements
As of May 1, 2005, TXU Corp. (the “Company”) has employed Eric H. Peterson as its Executive Vice President and General Counsel on an at-will employee basis. The Company pays Mr. Peterson an annual salary equal to $507,000, and Mr. Peterson is eligible for an annual bonus under the terms of the TXU Corp. Executive Annual Incentive Plan and award grants under the TXU Corp. 2005 Omnibus Incentive Plan and to participate in the TXU Corp. Salary Deferral Plan.
