Attached files
| file | filename |
|---|---|
| 10-K - PACIFICORP FORM 10-K 12-31-2009 - PACIFICORP /OR/ | pacificorp10k12312009.htm |
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - PACIFICORP /OR/ | exhibit23-1.htm |
| EX-12.2 - STATEMENTS OF COMPUTATION OF RATIO - PACIFICORP /OR/ | exhibit12-2.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - PACIFICORP /OR/ | exhibit31-1.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - PACIFICORP /OR/ | exhibit31-2.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - PACIFICORP /OR/ | exhibit32-2.htm |
| EX-12.1 - STATEMENTS OF COMPUTATION OF RATIO - PACIFICORP /OR/ | exhibit12-1.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - PACIFICORP /OR/ | exhibit32-1.htm |
| EX-10.10 - AMENDMENT NO. 1 TO THE PACIFICORP EXECUTIVE VOLUNTARY DEFERRED COMPENSATION PLAN - PACIFICORP /OR/ | exhibit10-10.htm |
EXHIBIT
10.1
SUMMARY
OF KEY TERMS OF NAMED EXECUTIVE OFFICER AND EMPLOYEE DIRECTOR
COMPENSATION
PacifiCorp’s
named executive officers (other than its Chairman and Chief Executive Officer,
Greg Abel) and its other employee directors each receive an annual salary and
participate in health insurance and other benefit plans on the same basis as
other employees, as well as certain other benefit plans described in
PacifiCorp’s Annual Report on Form 10-K. Mr. Abel is employed by
PacifiCorp’s parent company, MidAmerican Energy Holdings Company (“MEHC”) and is
not directly compensated by PacifiCorp. PacifiCorp reimburses MEHC for the cost
of Mr. Abel’s time spent on PacifiCorp matters, including compensation paid
to him by MEHC, pursuant to an intercompany administrative services agreement
among MEHC and its subsidiaries.
Our
directors are employees of PacifiCorp, or in the case of Messrs. Abel,
Anderson and Goodman, employees of MEHC, and do not receive additional
compensation for service as a director.
Our named
executive officers and directors employed by us are also eligible for a cash
incentive under the PacifiCorp Annual Incentive Plan (“AIP”) and participate in
MEHC’s Long-Term Incentive Partnership Plan (“LTIP”). A copy of the LTIP is
attached as Exhibit 10.11 to the MEHC Annual Report on Form 10-K
for the year ended December 31, 2009 and incorporated by reference
herein.
Base
salary and target bonus opportunities for named executive officers and employee
directors for PacifiCorp’s fiscal year ending December 31, 2010 (excluding
Mr. Abel):
|
Name
and Principal Position
|
Base
Salary
|
AIP
Target Opportunity
|
||||||
|
(percentage
of base salary)
|
||||||||
|
Douglas
K. Stuver
|
$ | 228,800 | 40 | % | ||||
|
Senior
Vice President and
|
||||||||
|
Chief
Financial Officer
|
||||||||
|
A.
Richard Walje
|
351,900 | 50 | % | |||||
|
President,
Rocky Mountain Power
|
||||||||
|
R.
Patrick Reiten
|
265,740 | 30 | % | |||||
|
President,
Pacific Power
|
||||||||
|
Micheal
G. Dunn
|
250,000 | 100 | % | |||||
|
President,
PacifiCorp Energy
|
||||||||
|
Brent
E. Gale
|
287,000 | 25 | % | |||||
|
Director
|
||||||||
|
Natalie
L. Hocken
|
190,357 | 20 | % | |||||
|
Director
|
||||||||
|
Mark
C. Moench
|
218,754 | 50 | % | |||||
|
Director
|
||||||||