Document:

Exhibit

EXHIBIT 10.8

Summary Description of the Compensation of
Non-Employee Directors of CSI Compressco GP Inc.

As of January 1, 2016, each director who is not an employee of CSI Compressco GP Inc. (the "general partner"), TETRA Technologies, Inc., or any of its subsidiaries ("TETRA"), receives non-cash compensation of $60,000 per year for attending regularly scheduled board meetings. The non-cash compensation is paid for the upcoming service year in the form of phantom unit awards that have an intended value of $60,000, prorated for any newly-elected director to such director's date of election and that vest over the service year as set forth below. Directors who are appointed as the chairmen of our Conflicts Committee and Audit Committee receive additional non-cash compensation of $5,000 and $10,000 per year, respectively, prorated from their respective dates of appointment in their initial year of service, which is also paid in the form of phantom unit awards. All such awards of phantom units are granted under our Amended and Restated 2011 Long Term Incentive Plan. Directors are reimbursed for out-of-pocket expenses incurred in connection with their service as directors. In addition, each non-employee director is paid an annual cash retainer of $60,000 per year, paid in quarterly installments. Effective July 1, 2016, the Board of Directors voluntarily agreed to a 10% reduction in the annual cash retainer to align with the employee wage and salary reductions implemented in 2016. The value of the equity award remains unchanged.
 
Directors who are also our officers or employees, or officers or employees of TETRA, do not receive any compensation for duties performed as our directors. Consequently, none of Mr. Knox, President of the general partner, Mr. Brightman, the President and Chief Executive Officer of TETRA, or Mr. Elkhoury, the Senior Vice President and Chief Operating Officer of TETRA, was compensated for his service as a director during 2016.
  
All Non-Employee Directors are reimbursed for out-of-pocket travel expenses incurred in attending meetings of the Board of Directors and committees.Exhibit

EXHIBIT 10.9

Summary Description of 
Named Executive Officer Compensation

There have been no changes in compensation for current officers who were identified as named executive officers in the Partnership's 2014 Annual Report on Form 10-K.Exhibit

Exhibit 10.1
2017 Director Compensation Summary

Non-employee directors of PNM Resources, Inc. (the “Company”) receive their annual retainer in the form of cash and stock-based compensation as determined by the Company's Board of Directors (the “Board”). At the December 2016 Board meeting, the Board approved making the following changes to director compensation for 2017: increasing the annual cash retainer from $60,000 to $80,000, increasing the market value of the annual award of restricted stock rights from $75,000 to $90,000, and providing that meeting attendance fees are only payable for and after attending more than eight meetings per year of the full Board or a particular committee.   In addition, the vesting period for restricted stock rights was reduced to one year.  Thus, the 2017 annual retainer for non-employee directors is as follows:

	
			
	 

	 
	 
	 

	Annual Retainer:
	 
	An annual cash retainer of $80,000 paid in quarterly installments and restricted stock rights* with a grant date market value of $90,000

	Lead Director Fee:
	 
	$20,000 paid in quarterly installments

	Audit and Ethics Committee Chair Retainer:
	 
	$10,000 paid in quarterly installments

	Compensation and Human Resources Committee Chair Retainer:
	 
	$10,000 paid in quarterly installments

	Finance Committee Chair Retainer:
	 
	$7,500 paid in quarterly installments

	Nominating and Governance Committee Chair Retainer:
	 
	$7,500 paid in quarterly installments

	Supplemental Meeting Fees:
	 
	$1,500 –payable for and after each meeting of a particular committee or the full Board, as the case may be, attended by a committee member or non-employee director, respectively, in excess of eight committee or full Board meetings annually

Directors are also reimbursed for any Board-related expenses, such as travel expenses incurred to attend Board and Board committee meetings and director educational programs. Further, directors are indemnified by the Company to the fullest extent permitted by law pursuant to the Company’s bylaws and indemnification agreements between the Company and each director.

* The amount of the annual award of restricted stock rights is determined by dividing $90,000 by the closing price of the Company’s stock on the New York Stock Exchange on the day of the grant. Restricted stock rights granted under the Company’s Performance Equity Plan on and after 2017 will vest on the first anniversary of the grant date. These awards are typically made at the annual meeting of directors, unless the meeting occurs during a black-out period for trading in the Company's securities as specified in the Company’s Insider Trading Policy. As set forth under the Company’s Equity Compensation Awards Policy, under those circumstances, the Board will either (a) schedule a special meeting after the expiration of the black-out period, (b) make awards pursuant to a unanimous written consent executed after the expiration of the black-out period, or (c) pre-approve the equity awards with an effective date after the expiration of the black-out period. The date of the awards is the date on which the Board approves the awards, unless (i) the approval date is a non-trading day, in which case the date is the immediately preceding trading date or (ii) in the case of pre-approval during a black-out period, in which case the grant date is the first trading date after the expiration of the black-out period.Exhibit

Exhibit 10.2

SECOND AMENDMENT 
TO THE 
PNM RESOURCES, INC. 
2014 PERFORMANCE EQUITY PLAN
PNM Resources, Inc. (the “Company”) previously established the PNM Resources, Inc. 2014 Performance Equity Plan (the “Plan”).  The Plan has been previously amended on one occasion.  By this instrument, the Company wishes to amend the Plan as set forth below. 
1.    This Second Amendment shall be effective as of January 1, 2017.
2.    Section 16.1 (“Tax Withholding”) of the Plan is hereby amended and restated in its entirety to read as follows:
16.1     Tax Withholding.  The Company shall have the power to withhold, or require a Participant to remit to the Company, up to the maximum amount necessary to satisfy federal, state, and local withholding tax requirements in the applicable jurisdiction on any Award under the Plan.  The Company shall have discretion to determine the withholding amount, or the Company may (but is not required to) permit a Participant to elect the withholding amount, within permissible limits as it deems appropriate, but in no event will such withholding amount be less than the minimum or more than the maximum amount necessary to satisfy federal, state, and local tax withholding requirements in the applicable jurisdiction on any Award under the Plan.  To the extent that alternative methods of withholding are available under applicable tax laws, the Company shall have the power to choose among such methods.
3.    This Second Amendment amends only the provisions of the Plan as noted above, and those provisions not expressly amended shall be considered in full force and effect.  Notwithstanding the foregoing, this Second Amendment shall supersede the provisions of the Plan to the extent those provisions are inconsistent with the provisions and intent of this Second Amendment.

IN WITNESS WHEREOF, PNM Resources, Inc. has caused this Second Amendment to be executed as of this   10   day of January, 2017.

PNM RESOURCES, INC.

    
By:    /s/ Patrick V. Apodaca                
      Patrick V. Apodaca
Its:  Senior Vice President, General Counsel &
Secretary

2Exhibit

Exhibit 10.3

FOURTH AMENDMENT 
TO THE 
PNM RESOURCES, INC. SECOND AMENDED AND RESTATED 
OMNIBUS PERFORMANCE EQUITY PLAN
PNM Resources, Inc. (the “Company”) previously established the PNM Resources, Inc. Second Amended and Restated Omnibus Performance Equity Plan (the “Plan”).  The Plan has been previously amended on three occasions.  Effective as of May 15, 2014, the Company adopted the PNM Resources, Inc. 2014 Performance Equity Plan, which superseded and replaced the Plan.  The Plan, however, remains in effect until all awards under the Plan have been exercised, forfeited or cancelled or have otherwise expired or terminated.  By this instrument, the Company wishes to amend the Plan as set forth below.
1.    This Fourth Amendment shall be effective as of January 1, 2017.
2.    Section 16.1 (“Tax Withholding”) of the Plan is hereby amended and restated in its entirety to read as follows:
16.1    Tax Withholding.  The Company shall have the power to withhold, or require a Participant to remit to the Company, up to the maximum amount necessary to satisfy federal, state, and local withholding tax requirements in the applicable jurisdiction on any Award under the Plan.  The Company shall have discretion to determine the withholding amount, or the Company may (but is not required to) permit a Participant to elect the withholding amount, within permissible limits as it deems appropriate, but in no event will such withholding amount be less than the minimum or more than the maximum amount necessary to satisfy federal, state, and local tax withholding requirements in the applicable jurisdiction on any Award under the Plan.  To the extent that alternative methods of withholding are available under applicable tax laws, the Company shall have the power to choose among such methods.
3.    This Fourth Amendment amends only the provisions of the Plan as noted above, and those provisions not expressly amended shall be considered in full force and effect.  Notwithstanding the foregoing, this Fourth Amendment shall supersede the provisions of the 

Plan to the extent those provisions are inconsistent with the provisions and intent of this Fourth Amendment.
IN WITNESS WHEREOF, PNM Resources, Inc. has caused this Fourth Amendment to be executed as of this   10   day of January, 2017.

PNM RESOURCES, INC.

By:    /s/ Patrick V. Apodaca                
      Patrick V. Apodaca

Its:  Senior Vice President, General Counsel &
Secretary

2

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