FPL Group, Inc. Supplemental Executive Retirement Plan (SERP) Bonus and Credit Designation List (as of February 15, 2008)

Summary

This document lists certain executive officers of FPL Group, Inc. and its subsidiaries who are participants in the company's Supplemental Executive Retirement Plan (SERP). It details which executives are eligible for specific bonus and credit enhancements, such as double basic or transition credits, and notes the application of Internal Revenue Code Section 409A to certain deferred compensation arrangements. The Compensation Committee has identified which benefits are subject to these tax rules, and clarifies that deferrals made before January 1, 2005, are not affected.

EX-10.H 4 exhibit10h.htm EXHIBIT 10(G)

Exhibit 10(h)

Annex A1

Appendix C1 Last Revised On: February 15, 2008
Name	Company	Pre-4/1/1997 Participant	Class A "Bonus SERP" Status	Double Basic Credits	Double Transition Credits
HAY, LEWIS, III *	FPL Group, Inc		X
ROBO, JAMES L. *	FPL Group, Inc		X	X¹
OLIVERA, ARMANDO J. *	Florida Power & Light Company	X	X
DAVIDSON, F. MITCHELL *	FPL Energy, LLC		X¹	X¹
BENNETT, CHRISTOPHER A. *	FPL Group, Inc		X¹	X¹
DEWHURST, MORAY P. *	FPL Group, Inc		X	X¹
PIMENTEL, ARMANDO *	FPL Group, Inc		X	X¹
RODRIGUEZ, ANTONIO *	FPL Group, Inc	X
STALL, J. ARTHUR *	FPL Group, Inc	X	X¹
ESCOTO, ROBERT H. *	FPL Group, Inc		X¹	X¹	X¹
MCGRATH, ROBERT L. *	FPL Group, Inc		X¹	X¹	X¹
TANCER, EDWARD F. *	FPL Group, Inc		X¹	X¹
CUTLER, PAUL I. *	FPL Group, Inc		X¹
DAVIS, K. MICHAEL *	FPL Group, Inc	X
^{1 The Compensation Committee has expressly identified these items and acknowledged that they are subject to Internal Revenue Code Section 409A. In particular, these items include: (i) the additional deferred compensation provided by the designation of certain officers as Class A Executives, effective January 1, 2006; and (ii) the additional deferred compensation set forth in SERP Amendment #4 (meaning amounts deferred by certain senior officers specified by the Compensation Committee who became participants in the SERP on or after April 1, 1997 at the rate of two times the basic credit and, to the extent applicable, the transition credit under the cash balance formula in the SERP for their pensionable earnings on or after January 1, 2006). Importantly, nothing in Amendment #4, the SERP, Compensation Committee resolutions, or any other document shall be construed as subjecting to Code Section 409A any deferrals made under the SERP prior to January 1, 2005. * Executive Officer of FPL Group, Inc.}