MDU Resources Group, Inc. 2007 NEO Performance Share Award Chart (2007-2009)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This chart outlines the performance share awards granted by MDU Resources Group, Inc. to its named executive officers for the 2007-2009 period. The document lists each executive, their title, and the number of shares and dividend equivalents they may receive at threshold, target, and maximum performance levels. The awards are based on company performance and are intended to incentivize and reward executives for achieving specific business goals during the three-year period.

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EX-10.2 3 ex10-2.txt PERFORMANCE SHARE AWARD CHART Exhibit 10.2 MDU Resources Group, Inc. 2007 NEO Performance Share Award Chart 2007-2009 Performance Period
Name Title Threshold Target Maximum - ---- ----- --------- ------ ------- Terry D. Hildestad President and Chief Executive 3,309 shares 33,091 shares 66,182 shares Officer $5,361 dividend $53,607 dividend $107,215 dividend MDU Resources Group, Inc. equivalents equivalents equivalents Vernon A. Raile Executive Vice President, 1,256 shares 12,564 shares 25,128 shares Treasurer and Chief Financial $2,035 dividend $20,354 dividend $40,707 dividend Officer equivalents equivalents equivalents MDU Resources Group, Inc. William E. Schneider President and Chief Executive 1,512 shares 15,119 shares 30,238 shares Officer $2,449 dividend $24,493 dividend $48,986 dividend Knife River Corporation equivalents equivalents equivalents John K. Castleberry Executive Vice President- 923 shares 9,225 shares 18,450 shares Administration $1,495 dividend $14,945 dividend $29,889 dividend MDU Resources Group, Inc. equivalents equivalents equivalents John G. Harp President and Chief Executive 1,018 shares 10,181 shares 20,362 shares Officer $1,649 dividend $16,493 dividend $32,986 dividend MDU Construction Services equivalents equivalents equivalents Group, Inc.