Compensation Summary for Independent Non-Employee Director of NextEra Energy Partners, LP (Effective January 1, 2022)
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
This document outlines the compensation package for independent non-employee directors of NextEra Energy Partners, LP, effective January 1, 2022. Directors receive an annual retainer of $82,500, paid quarterly, and an additional $15,000 annually if serving as a committee chair. They are also granted restricted common units each year, valued at $142,500, with the number of units based on the closing price at the time of the grant. The package includes travel and accident insurance, which also covers spouses.
EX-10.17 4 nep-q42021xexx1017.htm EX-10.17 Document
Exhibit 10.17
NEXTERA ENERGY PARTNERS, LP COMPENSATION SUMMARY FOR INDEPENDENT NON-EMPLOYEE DIRECTOR OF NEXTERA ENERGY PARTNERS, LP (Effective January 1, 2022) | ||||||||
Annual Retainer (payable quarterly) | $82,500 | |||||||
Committee Chair retainer (annual) (payable quarterly) | $15,000 | |||||||
Annual grant of restricted common units (under 2014 Long-Term Incentive Plan) | That number of common units determined by dividing $142,500 by closing price of NextEra Energy Partners, LP common units on effective date of grant (rounded up to the nearest 10 common units) | |||||||
Miscellaneous | Travel and Accident Insurance (including spouse coverage) |