MDU Resources Group, Inc. 2011 Performance Share Award Opportunity Chart for Executive Officers

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2011 performance share award opportunities for key executives of MDU Resources Group, Inc. and its subsidiaries. It specifies the number of shares and dividend equivalents each executive may receive at threshold, target, and maximum performance levels. The awards are tied to company performance and are intended to incentivize and reward executives based on results achieved during the performance period.

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EX-10.3 4 ex10_3.htm EXHIBIT 10.3 ex10_3.htm
 


Exhibit 10.3


 
 
 

Exhibit 10.3


MDU Resources Group, Inc.
2011 Performance Share Award Opportunity Chart


   
Threshold
Target
Maximum
Name
Title
Shares
 
(#)
Dividend
Equivalents
($)
Shares
 
(#)
Dividend
Equivalents
($)
Shares
 
(#)
Dividend
Equivalents
($)
Terry D. Hildestad
President and Chief Executive Officer
MDU Resources Group, Inc.
5,424
10,577
54,243
105,774
108,486
211,548
Doran N. Schwartz
Vice President and Chief Financial Officer
MDU Resources Group, Inc.
987
1,925
9,872
19,250
19,744
38,501
John G. Harp
President and Chief Executive Officer
MDU Construction Services Group, Inc.
1,953
3,808
19,527
38,078
39,054
76,155
William E. Schneider
President and Chief Executive Officer
Knife River Corporation
1,941
3,785
19,414
37,857
38,828
75,715
Steven L. Bietz
President and Chief Executive Officer
WBI Holdings, Inc.
1,564
3,050
15,643
30,504
31,286
61,008