Dominion Resources, Inc. Non-Employee Directors’ Annual Compensation Schedule (2014)

Summary

This document outlines the annual compensation for non-employee directors of Dominion Resources, Inc. as of December 31, 2014. Directors receive a base retainer of $205,000, split between cash and stock, with additional payments for serving as committee chairs or lead director. Directors also earn meeting fees for attending board and committee meetings. The agreement specifies the amounts and structure of these payments.

EX-10.45 5 d856078dex1045.htm EXHIBIT 10.45 Exhibit 10.45

Exhibit 10.45

Dominion Resources, Inc.

Non-Employee Directors’ Annual Compensation

As of December 31, 2014

 

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