Compensation Summary for Independent Non-Employee Director of NextEra Energy Partners, LP (Effective January 1, 2020)

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Summary

This document outlines the compensation package for an independent non-employee director of NextEra Energy Partners, LP, effective January 1, 2020. The director receives an annual retainer of $77,500, paid quarterly, and an additional $15,000 annually if serving as a committee chair. Each year, the director is also granted restricted common units valued at $127,500, based on the closing price of the company's common units. The package includes travel and accident insurance, with coverage extended to the director's spouse.

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EX-10.17 3 nep-12312019ex1017.htm EXHIBIT 10.17 Exhibit


Exhibit 10.17



NEXTERA ENERGY PARTNERS, LP

COMPENSATION SUMMARY FOR INDEPENDENT NON-EMPLOYEE DIRECTOR OF
NEXTERA ENERGY PARTNERS, LP

(Effective January 1, 2020)

Annual Retainer
    (payable quarterly)
$77,500
 
 
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 $127,500 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)