PG&E Corp - FORM 10-Q - EX-10.03 - MALNIGHT AGREEMENT - October 28, 2014

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EXCEL - IDEA: XBRL DOCUMENT - PG&E CorpFinancial_Report.xls
EX-10.01 - PRUETT SEPARATION AGREEMENT - PG&E Corpex10-1.htm
EX-10.02 - BOTTORFF SEPARATION AGREEMENT - PG&E Corpex1002.htm
EX-31.02 - CERTIFICATIONS OF THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER OF PACIFIC GAS AND ELECTRIC COMPANYREQUIRED BY SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - PG&E Corpex3102.htm
EX-31.01 - CERTIFICATIONS OF THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER OF PG&E CORPORATION REQUIRED BY SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - PG&E Corpex3101.htm
EX-32.01 - CERTIFICATIONS OF THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER OF PG&E CORPORATION REQUIRED BY SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - PG&E Corpex3201.htm
EX-12.03 - PG&E CORPORATION COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES - PG&E Corpexhibit12_3.htm
EX-12.01 - PACIFIC GAS AND ELECTRIC COMPANY COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES - PG&E Corpexhibit12_1.htm
EX-32.02 - CERTIFICATIONS OF THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER OF PACIFIC GAS AND ELECTRIC COMPANY REQUIRED BY SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - PG&E Corpex3202.htm
10-Q - FORM 10-Q - PG&E Corpform10-q.htm
EX-12.02 - PACIFIC GAS AND ELECTRIC COMPANY COMPUTATION OF RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS - PG&E Corpexhibit12_2.htm
                         Exhibit 10.3                                             
 
Pacific Gas and Electric Company
  
Helen A. Burt
Senior Vice President and
Chief Customer Officer
Customer Care
  
77 Beale Street, Room 3129
San Francisco, CA 94105
Mailing Address
Mail Code B32
Pacific Gas and Electric Company
P.O. Box 770000
San Francisco, CA  94177
 
415.973.2001
Fax: 415.973.2313

 
February 22, 2012
 
 
Steven Malnight
Vice President, Customer Energy Solutions
Personnel Number:  XXXXX
 
 
Dear Steve:
 
Thank you for your dedication and many contributions to Pacific Gas and Electric Company (the "Company").  You are an asset to our team.  On behalf of the Company, I am pleased to offer you the following special retention incentive to encourage you to remain a Company employee through March 1, 2015.
 
The retention incentive consists of a lump sum payment in the amount of $ 400,000.  The Company agrees to make this payment, subject to applicable withholding taxes, on March 1, 2012, and provided you remain employed by the Company through March 1, 2015.
 
Should you decide to voluntarily resign from the Company before March 1, 2015, you will repay the Company this special retention incentive in its entirety ($400,000) upon your termination from the Company.
 
The following points clarify this offer.
 
 
 
1.   Your eligibility for our Short-Term Incentive Plan and Long-Term Incentive Plan awards, as well as the status of those you have received to date, are not impacted by receipt of the payment.
 
 
 
2.   Your participation in our benefit plans (e.g., retirement, medical, etc.) will continue to be based on the provisions of the applicable plans.  The payment will not be eligible for any 401K match.
 
 
      3.   The provisions of this agreement do not change your "at will" employment status.
 
 
 
4.   This agreement is confidential, and you agree not to disclose its terms or the payment in general to anyone other than your spouse and tax advisors.
 
 
Sincerely,
 
HELEN BURT
 
Helen A Burt
Senior Vice President and Chief Customer Officer
 
 
Please acknowledge your acceptance of this retention incentive and the terms of this letter by signing the original and returning it to me.  An additional copy of this letter is enclosed for your personal records.
 
 
 
 
STEVEN MALNIGHT                            2/24/12
_____________________________________________                                   ________________________________________
Steven Malnight                               Date

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