Manager Compensation Agreement for Energy Future Holdings Corp. and Oncor Holdings Boards
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Summary
This agreement outlines the compensation arrangements for managers serving on the boards of Energy Future Holdings Corp. and its subsidiaries. Managers who are current or former officers of the company or employed by the Sponsor Group do not receive fees for their board service. Mr. Cremens is compensated $200,000 per year plus $7,500 per day for significant work on restructuring matters. Mr. Youngblood receives $170,000 annually for his service on the Oncor and Oncor Holdings boards.
EX-10.(A) 2 efih-20151231xexhibit10a.htm COMPENSATION AGREEMENT Exhibit
Manager Compensation Arrangements
Managers who are current or former officers of Energy Future Holdings Corp. or any of its subsidiaries or employed by the Sponsor Group do not receive any fees for their service as managers. Mr. Cremens receives $200,000 annually and $7,500 per day for days substantially spent on matters related to our restructuring. Mr. Youngblood receives $170,000 annually for his service on the Oncor and Oncor Holdings boards.
