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New words:
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Filing tables
Filing exhibits
- 10-K Annual report
- 10.17 Bhe Summary of Key Terms of Compensation Agreements
- 10.25 Pac Summary of Key Terms of Compensation Agreements
- 12.1 Pac Computation of Ratio of Earnings to Fixed Charges
- 12.2 Pac Computation of Ratio of Earnings to Combined Fixed Charges and Preferred
- 12.3 NPC Computation of Ratio of Earnings to Fixed Charges
- 12.4 SPPC Computation of Ratio of Earnings to Fixed Charges
- 14.1 Bhe Code of Ethics
- 21.1 Bhe Subsidiaries of the Registrant
- 23.1 Bhe Consent of Independent Registered Public Accounting Firm
- 23.2 Pac Consent of Independent Registered Public Accounting Firm
- 23.3 Mec Consent of Independent Registered Public Accounting Firm
- 23.4 NPC Consent of Independent Registered Public Accounting Firm
- 23.5 SPPC Consent of Independent Registered Public Accounting Firm
- 24.1 Bhe Power of Attorney
- 31.1 Bhe Section 302 CEO Certification
- 31.2 Bhe Section 302 CFO Certification
- 31.3 Pac Section 302 CEO Certification
- 31.4 Pac Section 302 CFO Certification
- 31.5 Mec Section 302 CEO Certification
- 31.6 Mec Section 302 CFO Certification
- 31.7 LLC Section 302 CEO Certification
- 31.8 LLC Section 302 CFO Certification
- 31.9 NPC Section 302 CEO Certification
- 31.10 NPC Section 302 CFO Certification
- 31.11 SPPC Section 302 CEO Certification
- 31.12 SPPC Section 302 CFO Certification
- 32.1 Bhe Section 906 CEO Certification
- 32.2 Bhe Section 906 CFO Certification
- 32.3 Pac Section 906 CEO Certification
- 32.4 Pac Section 906 CFO Certification
- 32.5 Mec Section 906 CEO Certification
- 32.6 Mec Section 906 CFO Certification
- 32.7 LLC Section 906 CEO Certification
- 32.8 LLC Section 906 CFO Certification
- 32.9 NPC Section 906 CEO Certification
- 32.10 NPC Section 906 CFO Certification
- 32.11 SPPC Section 906 CEO Certification
- 32.12 SPPC Section 906 CFO Certification
- 95 Mine Safety Disclosures
- Download Excel data file
- View Excel data file
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EXHIBIT 10.25
SUMMARY OF KEY TERMS OF COMPENSATION ARRANGEMENTS WITH PACIFICORP'S NAMED EXECUTIVE OFFICERS AND DIRECTORS
PacifiCorp's named executive officers (other than its Chairman and Chief Executive Officer, Gregory E. Abel) each receive an annual salary and participate in health insurance and other benefit plans on the same basis as other employees, as well as certain other compensation and benefit plans described in PacifiCorp's Annual Report on Form 10-K. Mr. Abel is employed by PacifiCorp's parent company, Berkshire Hathaway Energy Company ("BHE") and is not directly compensated by PacifiCorp. PacifiCorp reimburses BHE for the cost of Mr. Abel's time spent on PacifiCorp matters, including compensation paid to him by BHE, pursuant to an intercompany administrative services agreement among BHE and its subsidiaries.
The named executive officers are also eligible to receive a cash incentive award under PacifiCorp's Annual Incentive Plan ("AIP"). The AIP provides for a discretionary annual cash award that is determined on a subjective basis and paid in December. In addition to the AIP, the named executive officers are eligible to receive discretionary cash performance awards periodically during the year to reward the accomplishment of significant non-recurring tasks or projects. The named executive officers are participants in PacifiCorp's Long-Term Incentive Partnership Plan ("LTIP"). A copy of the LTIP is incorporated by reference to Exhibit 10.10 to PacifiCorp's Annual Report on Form 10-K for the year ended December 31, 2014.
Base salary for named executive officers for PacifiCorp's fiscal year ending December 31, 2016 (excluding Mr. Abel) is shown in the following table:
Name and Title | Base Salary | |||
Nikki L. Kobliha | $ | 203,900 | ||
Vice President and Chief Financial Officer | ||||
Stefan A. Bird | 338,000 | |||
President and Chief Executive Officer, Pacific Power | ||||
Cindy A. Crane | 338,000 | |||
President and Chief Executive Officer, Rocky Mountain Power | ||||
R. Patrick Reiten | 338,000 | |||
President and Chief Executive Officer, PacifiCorp Transmission |
Messrs. Bird and Reiten and Ms. Crane are also directors of PacifiCorp, but do not receive additional compensation for their service as directors other than what they receive as employees of PacifiCorp. Messrs. Abel, Anderson, Goodman and Mses. Hocken and Kelly are directors of PacifiCorp as well as employees of BHE, but do not receive additional compensation for their service as directors of PacifiCorp other than what they receive as employees of BHE.