Dominion Resources, Inc. Non-Employee Directors’ Annual Compensation Schedule (2015)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document outlines the annual compensation for non-employee directors of Dominion Resources, Inc. as of December 31, 2015. Directors receive a base retainer of $205,000, split between cash and stock. Additional payments are provided for serving as committee chairs or lead director, and directors also receive meeting fees for attending board and committee meetings. The agreement specifies the amounts for each role and meeting, ensuring transparency in director compensation.

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EX-10.50 6 d126742dex1050.htm EX-10.50 EX-10.50

Exhibit 10.50

Dominion Resources, Inc.

Non-Employee Directors’ Annual Compensation

As of December 31, 2015

 

Annual Retainer

   

Amount

Service as Director

    $205,000 ($77,500 cash; $127,500 stock)
Service as Audit Committee or Compensation, Governance and Nominating Committee Chair    $22,500

Service as Finance and Risk Oversight Committee Chair

    $15,000

Service as Lead Director

    $27,500

Meeting Fees

     

Board meetings

    $2,000 per meeting

Committee meetings

    $2,000 per meeting