MDU Resources Group, Inc. 2006 NEO Annual Award Opportunity Chart

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2006 annual incentive award opportunities for named executive officers (NEOs) of MDU Resources Group, Inc. and its subsidiaries. It lists the base compensation and the threshold, target, and maximum potential annual awards for each executive, including the Chairman, President, and other key officers. The chart also notes any pro-rated amounts due to changes in roles or employment status during the year. The agreement sets out the compensation structure and potential bonuses for these executives for the 2006 fiscal year.

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EX-10.1 2 annualaward.htm MDU RESOURCES 2006 NEO ANNUAL AWARD OPPORTUNITY CHART MDU Resources 2006 NEO Annual Award Opportunity Chart

MDU Resources Group, Inc.
2006 NEO Annual Award Opportunity Chart 
           
   
1/1/2006
      
   
Base Comp-
Threshold
Target
Maximum
Name
Title
ensation
($)
($)
($)
           
Martin A. White
Chairman of the Board
$750,000
$187,500
$750,000
$1,500,000
 
and Chief Executive Officer
        
 
MDU Resources Group, Inc.
        
           
Terry D. Hildestad
President and Chief
$525,000
$98,438
$393,750
$787,500
 
Operating Officer
        
 
MDU Resources Group, Inc.
        
           
Warren D. Robinson 1
          
           
John K. Castleberry 2
President and Chief
$370,000
$7,708
$30,833
$61,667
 
Executive Officer
 
      
 
WBI Holdings, Inc.
        
           
John K. Castleberry 3
Executive Vice
$300,000
$31,250
$125,000
$250,000
 
President-Administration
        
 
MDU Resources Group, Inc.
        
           
Bruce T. Imsdahl
President and Chief
$310,000
$38,750
$155,000
$310,000
 
Executive Officer
        
 
Montana-Dakota Utilities
        
 
Co. and Great Plains
        
 
Natural Gas Co.
        
           
1 Retired as Executive Vice President and Chief Financial Officer 1/3/06
   and continued employment as a Special Projects Advisor until 2/17/06.
           
2 Annual base compensation for the Chief Executive Officer of WBI Holdings,
   Inc. is $370,000. The incentive amounts are pro-rated to show
 
   two months as Chief Executive Officer.
    
           
3 Effective March 4, annual base compensation for the Executive Vice President-
   Administration of MDU Resources Group, Inc. will be $300,000. The incentive amounts
  
   are pro-rated to show ten months as Executive Vice President-Administration.