Summary of Non-Employee Director Compensation for Evergy, Inc. (Effective June 4, 2018)

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Summary

This document outlines the compensation structure for non-employee directors of Evergy, Inc. as of June 4, 2018. Directors receive annual cash retainers and equity compensation, with additional retainers for specific leadership roles such as Non-Executive Chair, Lead Director, and committee chairs. No separate fees are paid for committee membership or meetings. Directors are also reimbursed for expenses and covered by the company's liability insurance. The agreement sets forth the amounts and conditions for these payments and benefits.

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EX-10.9 7 evrg-06302018xex109evrgnon.htm SUMMARY OF EVERGY NON-EMPLOYEE DIRECTOR COMPENSATION Exhibit


Ex. 10.9

Evergy, Inc.

Summary of
Non-Employee Director Compensation

Effective June 4, 2018

 
 
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, Operations, and Environmental Oversight Committee Chair Retainer
 
$15,000
 
 
 
Cash - Committee Member Retainers and Meeting Fees
 
None
 
 
 
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.