amendmentto dcdp



                                                                                                                                         
Exhibit 10.03a

 

EXHIBIT
A

AMENDMENT
TO THE

SCANA
Corporation Director Compensation and Deferral Plan

 

 

           
Pursuant to the authority granted to the Board of Directors of SCANA
Corporation as evidenced in Section 10.10 of the SCANA Corporation Director
Compensation and Deferral Plan (the “Plan”), the Plan is amended as follows
effective as of November 2, 2005:  

 

 

I.                  
Section 1.2 of the Plan is amended as follows:

 

1.2      
Purpose of the Plan.  The purpose
of the Plan is to promote the achievement of long-term objectives of the Company
by linking the personal interests of Nonemployee Directors, as defined in
Section 2(r) herein, to those of the Company’s shareholders and to attract and
retain Nonemployee Directors of outstanding competence by mandating that
one hundred percent (100%) (plus a round-up amount
in lieu of any fractional share) of the Retainer Fee of each Participant as
defined in Section 2(u) herein, be paid in Company Stock, unless such amount is
voluntarily deferred to a future date in accordance with the Plan’s terms. 
The Plan is intended to conform to the provisions of Rule 16b-3 of the
Securities Exchange Act of 1934, as amended, or any replacement rule in effect
from time to time (“Rule 16b-3”).  The Plan also provides a means by which
Nonemployee Directors may defer certain additional amounts to some future
period.

 

II.               
Section 3.2(a) of the Plan is amended as follows: 

 

(a)       
Unless otherwise deferred in accordance with Section 4, one
hundred percent (100%) of each Participant’s Retainer Fee
amounts shall be paid to the Participant as soon as practicable after the
beginning of each calendar quarter (as determined by the Board of Directors (or
its delegate)) and such payment shall be made entirely in shares of Company
Stock.  

 

III.            
Section 3.2(b) of the Plan is amended as follows: 

 

(b)       
Unless otherwise deferred in accordance with Section 4, one hundred percent
(100%) of each Participant’s meeting attendance and conference fees shall be
paid to the Participant at such times determined by the Board of Directors or
its delegate.  Within a reasonable period of time before any amounts are
paid under this Section 3.2(b), each Participant shall elect (in accordance with
procedures established by the Board of Directors or its delegate) whether to
receive the amounts otherwise payable under this Section 3.2(b) all in cash or
all in shares of Company Stock. 

 

IV.             
Section 4.1(a)(ii) of the Plan is amended as follows:

 

(ii)       
the Participant elects to defer up to one hundred percent (100%) of his meeting
attendance and conference fees and designates that all such deferrals shall be
credited on his behalf one hundred percent (100%) to the Growth Increment Ledger
or one hundred percent (100%) to the Company Stock Ledger.  In addition,
the Participant may elect to defer one hundred percent
(100%) of his Retainer Fee provided that such deferral shall be
credited on his behalf one hundred percent (100%) only to the Company Stock
Ledger.