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Exhibit 10.1

 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

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Exhibit 10.1

MDU Resources Group, Inc.
2009 NEO Annual Award Opportunity and Payment Chart

Name
Title
2009
Base
Salary
($)
Threshold
($)
Target
($)
Maximum
($)
2009 Annual Incentive Earned
($)
             
Terry D. Hildestad
President and Chief Executive Officer
MDU Resources Group, Inc.
 
750,000
 
187,500
750,000
1,500,000
1,500,000
Vernon A.
Raile
Executive Vice President, Treasurer and Chief Financial Officer
MDU Resources Group, Inc.
 
450,000
73,125
292,500
585,000
  585,000
John G. Harp
President and Chief Executive Officer
MDU Construction Services Group, Inc.
 
450,000
73,125
292,500
585,000
  392,5001
William E. Schneider
President and Chief Executive Officer
Knife River Corporation
 
447,400
72,703
290,810
581,620
 581,620
Steven L. Bietz
President and Chief Executive Officer
WBI Holdings, Inc.
 
350,000
56,875
227,500
455,000
  450,4502

(1)
Includes payment of an additional $100,000 in connection with Mr. Harp’s
additional 2009 incentive.

(2)
WBI Holdings, Inc. met four of five safety goals, resulting in a reduction of 1%
or $4,550 to Mr. Bietz’s 2009 annual incentive earned.

 
 

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