MDU Resources Group, Inc. 2005 NEO Annual Award Opportunity Chart

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the 2005 annual award opportunities for named executive officers (NEOs) of MDU Resources Group, Inc. It lists the base compensation and the threshold, target, and maximum award amounts for each executive, including the Chairman, President, and various Chief Executive Officers of subsidiary companies. The chart specifies the potential bonus payouts based on performance, with amounts varying by executive role and compensation level.

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EX-10.3 4 ex10-3.txt 2005 AWARD OPPORTUNITY CHART Exhibit 10.3 MDU Resources Group, Inc. 2005 NEO Annual Award Opportunity Chart
1/1/2005 Base Name Title Compensation Threshold ($) Target ($) Maximum ($) - ---- ----- ------------ ------------- ---------- ----------- Martin A. White Chairman of the $ 700,000 100% 70,000 700,000 1,400,000 Board, President and Chief Executive Officer Warren L. Executive Vice $ 370,000 50% 18,500 185,000 370,000 Robinson President and Chief Financial Officer John K. President and $ 370,000 50% 46,250 185,000 370,000 Castleberry Chief Executive Officer, WBI Holdings, Inc. Terry D. President and $ 370,000 50% 46,250 185,000 370,000 Hildestad Chief Executive Officer, Knife River Corporation Paul E. President and $ 285,000 50% 14,250 142,500 285,000 Gatzemeier Chief Executive Officer, Centennial Energy Resources LLC