Duke Energy Corporation 2015 Director Compensation Program Summary

Summary

This document outlines the 2015 compensation program for outside directors of Duke Energy Corporation. It details the annual cash and stock retainers, as well as additional fees for attending board and committee meetings, either in person or by phone. Special retainers are provided for the non-executive Chairman, Lead Director, and committee chairs. The program specifies different fee amounts depending on the type of meeting and the director's role. The terms are effective as of May 8, 2015.

EX-10.2 2 duk-20150630x10qxexx102.htm DUKE ENERGY CORPORATION 2015 DIRECTOR COMPENSATION PROGRAM SUMMARY DUK-2015.06.30-10Q-EX-10.2

Exhibit 10.2

Duke Energy Corporation 2015 Director Compensation Program Summary

Annual Retainer and Fees. Effective May 8, 2015, the retainer and meeting fees paid to our outside directors will consist of:



Meeting Fees
Type of Fee	Fee (Other Than for Meetings)	In-person Attendance at Meetings Held in Conjunction With a Regular Board Meeting	In-Person Meetings Not Held in Conjunction With a Regular Board Meeting	Telephonic Participation in Meetings
Annual Board Retainer (Cash)	$90,000
Annual Board Retainer (Stock)	$125,000
Board Meeting Fees		$2,000	$2,500	$2,000
Annual non-executive Chairman of the Board Retainer, if applicable	$100,000
Annual Lead Director Retainer, if applicable	$75,000
Annual Audit Committee Chair Retainer	$25,000



Annual Chair Retainer (Other Committees)	$15,000
Audit Committee and Finance and Risk Management Committee Meeting Fees		$3,000	$2,500	$2,000
Nuclear Oversight Committee Meeting Fees		$4,000	$2,500	$2,000
Regulatory Policy and Operations Committee Meeting Fees		$3,500	$2,500	$2,000
Other Committee Meeting Fees		$2,000	$2,500	$2,000