MDU Resources Group, Inc. 2009 NEO Annual Award Opportunity Chart

Summary

This document outlines the 2009 annual incentive award opportunities for key executives of MDU Resources Group, Inc. and its subsidiaries. It lists the base compensation and the threshold, target, and maximum potential annual awards for each named executive officer, including the President and CEO, CFO, and other senior leaders. The chart specifies the possible bonus amounts each executive could earn based on performance for the year 2009.

EX-10.1 2 exhibit101.htm EXHIBIT 10.1 exhibit101.htm
 

 
Exhibit 10.1

 
MDU Resources Group, Inc.
2009 NEO Annual Award Opportunity Chart
 
Name
Title
1/1/2009
Base
Compensation ($)
Threshold ($)
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. Raile
Executive Vice President, Treasurer
 and Chief Financial Officer
MDU Resources Group, Inc.
450,000
73,125
292,500
585,000
           
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
           
Paul K. Sandness
General Counsel and Secretary
MDU Resources Group, Inc.
334,000
41,750
167,000
334,000