Exhibit 10.3
EX-10.3 4 ex10-3.htm EXHIBIT 10.3 ex10-3.htm
Exhibit 10.3
Exhibit 10.3
MDU Resources Group, Inc.
2010 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. | 4,771 | 9,017 | 47,709 | 90,170 | 95,418 | 180,340 |
| 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. | 827 | 1,563 | 8,269 | 15,628 | 16,538 | 31,257 |
| John G. Harp | President and Chief Executive Officer MDU Construction Services Group, Inc. | 1,718 | 3,247 | 17,175 | 32,461 | 34,350 | 64,922 |
| William E. Schneider | President and Chief Executive Officer Knife River Corporation | 1,708 | 3,228 | 17,076 | 32,274 | 34,152 | 64,547 |
| Steven L. Bietz | President and Chief Executive Officer WBI Holdings, Inc. | 1,336 | 2,525 | 13,358 | 25,247 | 26,716 | 50,493 |
(1) Mr. Raile received no award due to his retirement on February 16, 2010.
