Exhibit10.1
EX-10.1 2 ex10-1.htm EXHIBIT 10.1 ex10-1.htm
Exhibit 10.1
Exhibit 10.1
MDU Resources Group, Inc.
2010 Annual Award Opportunity Chart
| Name | Title | 2010 Base Salary ($) | Threshold ($) | Target ($) | Maximum ($) |
| Terry D. Hildestad | President and Chief Executive Officer MDU Resources Group, Inc. | 750,000 | 187,500 | 750,000 | 1,500,000 |
| Vernon A. Raile1 | Executive Vice President, Treasurer and Chief Financial Officer MDU Resources Group, Inc. | – | – | – | – |
| Doran N. Schwartz | Vice President and Chief Financial Officer MDU Resources Group, Inc. | 252,675 | 31,270 | 125,079 | 250,158 |
| John G. Harp | President and Chief Executive Officer MDU Construction Services Group, Inc. | 450,000 | 73,125 | 292,500 | 585,000 |
| William E. Schneider | President and Chief Executive Officer Knife River Corporation | 447,400 | 72,703 | 290,810 | 581,620 |
| Steven L. Bietz2 | President and Chief Executive Officer WBI Holdings, Inc. | 350,000 | 56,875 | 227,500 | 455,000 |
(1) Mr. Raile received no award due to his retirement on February 16, 2010.
| | (2) | Mr. Bietz also has five individual performance goals relating to WBI Holdings, Inc.’s safety results, and each goal that is not met will reduce his annual incentive award payment by 1%. |
