Evergy, Inc. Summary of Non-Employee Director Compensation

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the compensation for non-employee directors of Evergy, Inc. Directors receive an annual cash retainer of $100,000, with additional cash retainers for specific leadership roles such as Non-Executive Chair, Lead Director, and various committee chairs. Directors also receive annual equity compensation in the form of Evergy, Inc. common stock. All directors are reimbursed for expenses and are covered by the company's directors and officers liability insurance.

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EX-10.42 7 evrg12312020ex1042non-empl.htm EX-10.42 Document


Exhibit 10.42
Evergy, Inc.

Summary of
Non-Employee Director Compensation


New
Amount
Cash - Retainer (Paid Quarterly)
Annual Retainer$100,000 
Non-Executive Chair Retainer$55,000 
Lead Director Retainer$25,000 
Audit Committee Chair Retainer$20,000 
Compensation and Leadership Development Committee Chair Retainer$20,000 
Nominating, Governance, and Corporate Responsibility Committee Chair Retainer$15,000 
Finance Committee Chair Retainer$15,000 
Nuclear and Power Supply Committee Chair Retainer$15,000 
Power Delivery and Safety Committee Chair Retainer$15,000 
Cash - Committee Member Retainers and Meeting FeesNone
Evergy, Inc. Common Stock (Paid Annually)
Annual Equity Compensation$130,000 
Non-Executive Chair$55,000 
All members of the Board of Directors are entitled to be reimbursed for expenses, as set forth in Evergy, Inc.’s corporate governance guidelines. Evergy, Inc. also provides liability insurance to its directors under its directors and officers insurance policies.