ex10-1.htm


     

      
        

      

    

     

     

    


    


    


    


    


    


    


    
 

    


    


    


    


    


    


    


    Exhibit 10.1

    


     

     

     

     

     

     

     

     

     

     

     

     

     

    


    
      
        
           


        

        
           


          
            

          

        

        
           


        

      

    

    


    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.