SEC Contract Filing

Filing Date: 2023-05-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>4
<FILENAME>duk-20230331x10qxex106.htm
<DESCRIPTION>DUKE ENERGY CORPORATION 2023 DIRECTOR COMPENSATION PROGRAM SUMMARY
<TEXT>
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<title>Document</title></head><body><div id="i8d397cf3b4b6417fa246efdbb6e6923e_1"></div><div style="min-height:36pt;width:100%"><div style="margin-bottom:0.08pt"><font><br></font></div></div><div style="text-align:right"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 10.6</font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><br></font><font style="background-color:#f2f4f4;color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Effective May 4, 2023, the compensation paid to our outside directors will consist of&#58;</font><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><br></font></div><div style="margin-bottom:0.08pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.104%"><tr><td style="width:1.0%"></td><td style="width:89.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.882%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Type of Fee</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Fee</font></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Annual Board Retainer (Cash)</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">$125,000</font></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Annual Board Retainer (Stock)</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">$175,000</font></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Annual non-executive Chairman of the Board Retainer, if applicable</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">$100,000</font></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Annual Lead Director Retainer, if applicable</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">$40,000</font></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Annual Audit&#160;Committee Chair Retainer</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">$25,000</font></td></tr><tr><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#696969;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">Annual Committee Chair Retainer (Other Committees)</font></td><td colspan="3" style="background-color:#f2f4f4;border-left:0.25pt solid #000000;border-right:0.25pt solid #000000;bor