Compensation Arrangement for Preston D. Swafford – Performance Award Approval (October 2009)
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Summary
This document outlines a compensation arrangement for Preston D. Swafford, effective October 27, 2009. Mr. Swafford was granted a $100,000 lump sum performance award by Mr. Kilgore in recognition of his leadership and contributions to the improved performance of the Watts Bar Nuclear Plant in 2009. The award is based on peer evaluations within the nuclear power industry and acknowledges Mr. Swafford’s commitment to teamwork, safety, and organizational excellence.
EX-10.37 7 ex10-37.htm COMP ARRANGEMENTS - P. SWAFFORD 10.2009 ex10-37.htm
EXHIBIT 10.37
Overview of Compensation Arrangements for Preston D. Swafford Effective as of October 27, 2009
Effective as of October 27, 2009, Mr. Kilgore approved a $100,000 lump sum performance award for Mr. Swafford for improvements in the overall performance of Watts Bar Nuclear Plant in 2009 based on nuclear power industry peer evaluations. The award recognizes Mr. Swafford’s demonstrated leadership and commitment to teamwork, safety, and high level of performance throughout TVA’s nuclear organization, which contributed to the improved performance achieved by Watts Bar Nuclear Plant.
