MDU Resources Group, Inc. 2008 NEO Annual Award Opportunity Chart

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2008 annual award opportunities for key executives of MDU Resources Group, Inc. and its subsidiaries. It lists the base compensation, as well as the threshold, target, and maximum potential annual awards for each named executive officer, including the CEO, CFO, and subsidiary presidents. The chart specifies the compensation structure and performance-based award ranges for each executive for the year 2008.

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EX-10.1 3 ex10-1.txt EXHIBIT 10.1 Exhibit 10.1 Exhibit 10.1 MDU Resources Group, Inc. 2008 NEO Annual Award Opportunity Chart
1/1/2008 Base Name Title Compensation ($) Threshold ($) Target ($) Maximum ($) - ---- ----- ---------------- ------------- ---------- ----------- Terry D. President and Chief 700,000 175,000 700,000 1,400,000 Hildestad Executive Officer MDU Resources Group, Inc. Vernon A. Executive Vice 400,000 65,000 260,000 520,000 Raile President, Treasurer and Chief Financial Officer MDU Resources Group, Inc. William E. President and Chief 447,400 72,703 290,810 581,620 Schneider Executive Officer Knife River Corporation John G. Harp President and Chief 400,000 65,000 260,000 520,000 Executive Officer MDU Construction Services Group, Inc. Bruce T. President and Chief 335,300 41,913 167,650 335,300 Imsdahl Executive Officer Montana-Dakota Utilities Co. and Great Plains Natural Gas Co. and Chief Executive Officer of Cascade Natural Gas Corporation