NRG Energy, Inc. Director Compensation Plan Effective June 1, 2006
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Summary
This agreement outlines the compensation structure for directors of NRG Energy, Inc. as of June 1, 2006. It specifies annual retainers and additional fees for board and committee roles, including chair and member positions. Compensation is paid 50% in cash (with an option to convert to equity) and 50% in deferred stock units. The plan details the amounts paid for each position, ensuring transparency in director pay.
EX-10.2 3 y20595aexv10w2.htm EX-10.2: DIRECTOR COMPENSATION PLAN exv10w2
Exhibit 10.2
NRG Energy, Inc. Director Compensation Table
Effective June 1, 2006
Effective June 1, 2006
| Total Annual | ||||||||||||
| Committee | Annual Fee | Retainer | Pay | |||||||||
Board Chair | $ | 285,000 | $ | 285,000 | ||||||||
Board Member | $ | 140,000 | $ | 140,000 | ||||||||
Audit Committee Chair | $ | 140,000 | $ | 35,000 | $ | 175,000 | ||||||
Audit Committee Member | $ | 140,000 | $ | 10,000 | $ | 150,000 | ||||||
Compensation Committee Chair | $ | 140,000 | $ | 20,000 | $ | 160,000 | ||||||
Governance and Nominating Committee Chair | $ | 140,000 | $ | 20,000 | $ | 160,000 | ||||||
Commercial Operations Oversight Committee Chair | $ | 140,000 | $ | 20,000 | $ | 160,000 | ||||||
Nuclear Oversight Committee Chair | $ | 140,000 | $ | 20,000 | $ | 160,000 | ||||||
| Payment will be delivered in: | 50% cash (with the option to convert to equity) | |||||||||||
| 50% deferred stock units | ||||||||||||
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