Summary of Non-Employee Director Compensation Arrangements for Alabama Power Company Board

Summary

This document outlines the compensation structure for non-employee directors of Alabama Power Company. Non-employee directors receive an annual cash retainer ($25,000 for committee chairs, $22,000 for others), an annual stock retainer (520 shares of The Southern Company), and meeting fees ($1,800 per Board meeting, $1,200 per committee meeting). Directors may choose to receive compensation in stock or defer payments under a Deferred Compensation Plan. There is no pension plan for non-employee directors.

EX-10.B.20 6 x10b20.txt EXHIBIT 10(b)20 SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION ARRANGEMENTS ALABAMA POWER COMPANY Only non-employee directors are compensated for service on the Board of Directors (the "Board") of Alabama Power Company (the "Company"). The pay components are as follows: o Annual Cash Retainer Fee: $25,000 for directors serving as Chair of a Board committee, and $22,000 for other directors o Annual Stock Retainer Fee: 520 shares of common stock of The Southern Company o Meeting Fees: $1,800 for each Board meeting attended, and $1,200 for each committee meeting attended. At the election of the director, all or a portion of the cash retainer may be payable in common stock of The Southern Company, and all or a portion of total cash compensation may be deferred under the Deferred Compensation Plan and all of the stock retainer may be deferred under the Deferred Compensation Plan until membership on the Board is terminated. There is no pension plan for non-employee directors.