Compensation Summary for Independent Non-Employee Director of NextEra Energy Partners GP, Inc. (Effective January 1, 2017)
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Summary
This document outlines the compensation package for an independent non-employee director of NextEra Energy Partners GP, Inc., effective January 1, 2017. The director receives an annual retainer of $60,000, paid quarterly, and an additional $15,000 annually if serving as a committee chair. The director is also granted restricted common units valued at $110,000 each year, determined by the market price at the time of the grant. Additional benefits include travel and accident insurance, which also covers the director's spouse.
EX-10.15 2 nep-12312016ex1015.htm EXHIBIT 10.15 Exhibit
Exhibit 10.15
NEXTERA ENERGY PARTNERS, LP
COMPENSATION SUMMARY FOR INDEPENDENT NON-EMPLOYEE DIRECTOR OF
NEXTERA ENERGY PARTNERS GP, INC.
(Effective January 1, 2017)
Annual Retainer (payable quarterly) | $60,000 |
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 $110,000 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) |
