Exhibit 10.1
EX-10.1 2 ex10-1.htm EXHIBIT 10.1 ex10-1.htm
Exhibit 10.1
Exhibit 10.1
MDU Resources Group, Inc.
2009 NEO Annual Award Opportunity and Payment Chart
| Name | Title | 2009 Base Salary ($) | Threshold ($) | Target ($) | Maximum ($) | 2009 Annual Incentive Earned ($) |
| Terry D. Hildestad | President and Chief Executive Officer MDU Resources Group, Inc. | 750,000 | 187,500 | 750,000 | 1,500,000 | 1,500,000 |
| Vernon A. Raile | Executive Vice President, Treasurer and Chief Financial Officer MDU Resources Group, Inc. | 450,000 | 73,125 | 292,500 | 585,000 | 585,000 |
| John G. Harp | President and Chief Executive Officer MDU Construction Services Group, Inc. | 450,000 | 73,125 | 292,500 | 585,000 | 392,5001 |
| William E. Schneider | President and Chief Executive Officer Knife River Corporation | 447,400 | 72,703 | 290,810 | 581,620 | 581,620 |
| Steven L. Bietz | President and Chief Executive Officer WBI Holdings, Inc. | 350,000 | 56,875 | 227,500 | 455,000 | 450,4502 |
| (1) | Includes payment of an additional $100,000 in connection with Mr. Harp’s additional 2009 incentive. |
| (2) | WBI Holdings, Inc. met four of five safety goals, resulting in a reduction of 1% or $4,550 to Mr. Bietz’s 2009 annual incentive earned. |
