Compensation Summary for Independent Non-Employee Director of NextEra Energy Partners, LP (Effective January 1, 2023)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the compensation for independent non-employee directors of NextEra Energy Partners, LP, effective January 1, 2023. Directors receive an annual retainer of $90,000, paid quarterly, and an additional $15,000 annually if serving as a committee chair. They are also granted restricted common units valued at $150,000 each year, determined by the unit's closing price on the grant date. The compensation package includes travel and accident insurance, with coverage extended to spouses.

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EX-10.17 4 nep-q42022xex1017.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, 2023)

Annual Retainer
    (payable quarterly)
$90,000
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 $150,000 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)