NONEMPLOYEE DIRECTORS COMPENSATION SCHEDULE As of April 1, 2005
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.15 6 dex1015.htm NONEMPLOYEE DIRECTOR'S COMPENSATION SCHEDULE Nonemployee Director's Compensation Schedule
HEI Exhibit 10.15
NONEMPLOYEE DIRECTOR’S COMPENSATION SCHEDULE
As of April 1, 2005
HEI
| paid quarterly | |||
| Annual Cash Retainer | $ | 32,500 | |
| Chair, HEI Audit Committee | 15,000 | ||
| Member, HEI Audit Committee | 5,000 | ||
| Chair, HEI Compensation Committee | 5,000 | ||
| Chair, HEI Nominating & Corporate Governance Committee | 5,000 | ||
| Lead Director | 10,000 | ||
| HEI Common Stock annual grant (May 1) | 1,400 shares | ||
| HEI Common Stock one-time grant for new directors | 2,000 shares | ||
ASB & HECO
| paid quarterly | |||
| Annual Cash Retainer (for HEI & non-HEI directors, for each board served) | $ | 20,000 | |
| Chair, Audit Committee | 10,000 | ||
| Member, Audit Committee | 4,000 | ||
| HEI Common Stock annual grant (May 1) | | 1,000 shares | |
HELCO & MECO Advisory Boards
$1,000 for each meeting, no retainer
