N-1Redacted - Analysis of Executive Management Expenses Report
6 passages
- Greg Blunden, VP Finance & Treasurer (part-year) 1 Brian Rendell, GM Finance (part-year) It 2 Gerald Weseen, GM Communications & Public Affairs It 3 • Barb Meens Thistle, GM Human Resources (part-year) 4 Rick Smith, VP Corporate Insuranc...
AI summary The document outlines the compensation, benefits, and other expenses for Nova Scotia Power Inc. (NSPI) executives, including part-year roles and full-year roles for 2009. Costs are allocated based on records for NSPI business purposes, and no other Emera Executive compensation or expenses are allocated to NSPI's regulated business activities.
Annual Incentive Plan 18 19 20 21 22 23 24 25 26 17 This category reflects monetary compensation provided to individuals based on performance. Awards are made based on a scorecard process that rewards employees for advancing corporate obje...
AI summary The Annual Incentive Plan outlines performance-based compensation, with 50% of short-term incentives excluded from regulated earnings calculations. Target payouts are benchmarked against comparator companies, and a Deferred Share Unit Plan (DSU Plan) is approved for executives to align with share ownership guidelines without diluting shareholders.
Attachment A Towers Watson 2010 Executive Compensation Review THIS ATTACHMENT HAS BEEN REMOVED DUE TO CONFIDENTIALITY
AI summary This confidential attachment, removed from the proceeding, details Towers Watson's 2010 Executive Compensation Review, which is not available for analysis.
REDACTED ConfdI enflaI S f - ummary 0 NSPI's 2009 Executive Compensation, Benefits and Other Expenses 7 Stock options have not been included in NSPI's revenue requirement and are excluded for the purpose of calculating regulated earnings....
AI summary The document outlines NSPI's 2009 Executive Compensation, Benefits, and Other Expenses, including details on stock options, employer-funded benefits, and compensation allocations. It clarifies that certain expenses are excluded from regulated earnings calculations.
01 Reimbursement Guidelines Actual reasonable business expenses incurred on behalf ofEmera are accounted for and reimbursed. - Expense reports should be submitted for approval within a month of the related expenditure. - Employees will be...
AI summary The guidelines outline that actual reasonable business expenses incurred on behalf of Emera must be reimbursed. Employees are required to submit expense reports within a month of expenditure, exercise good judgment in spending, and consult supervisors for guidance on reasonable expenses in specific circumstances.
Vehicle Rentals Employees are permitted to rent a vehicle when required to travel for business on behalf ofEmera. - Gl Vehicles should be rented only \vhen economically justified (Le., less expensive than taxis). - Insurance offered by the...
AI summary Emera permits vehicle rentals for business travel only when economically justified (i.e., cheaper than taxis). Corporate insurance covers collision and comprehensive damage, but not personal injury, which is non-reimbursable. Third-party liability is provided by the rental company.
04137Redacted - 2009 Analysis of Executive Management Expenses Report
7 passages
- Greg Blunden, VP Finance & Treasurer (part-year) 1 Brian Rendell, GM Finance (part-year) It 2 Gerald Weseen, GM Communications & Public Affairs It 3 • Barb Meens Thistle, GM Human Resources (part-year) 4 Rick Smith, VP Corporate Insuranc...
AI summary The document lists various executives and their roles within Nova Scotia Power Inc. (NSPI) and discusses the allocation of costs to NSPI's regulated utility business, ensuring that only expenses incurred on behalf of NSPI are charged to its regulated activities.
2 3 4 5 This section describes each category in the attached table "Summary of NSPI's 2009 Executive Compensation, Benefits and Other Expenses" and represents the forms in which compensation, other personal benefits, and business related e...
AI summary This section explains the categories of compensation, benefits, and expenses listed in the table 'Summary of NSPI's 2009 Executive Compensation, Benefits and Other Expenses,' which includes only the costs allocated to NSPI for 2009.
Annual Incentive Plan 18 19 20 21 22 23 24 25 26 17 This category reflects monetary compensation provided to individuals based on performance. Awards are made based on a scorecard process that rewards employees for advancing corporate obje...
AI summary The Annual Incentive Plan outlines performance-based compensation, excluding 50% of short-term incentives from regulated earnings calculations per UARB's directive. The DSU Plan allows executives to defer shares to meet ownership guidelines without diluting shareholders.
REDACTED ConfdI enflaI S f - ummary 0 NSPI's 2009 Executive Compensation, Benefits and Other Expenses Total $2,256,501 $322,763 $28,257 $ - $0 $98,057 $ $27,938 $199,222 $29,636 $325,217 $2,962,373 $98,910 $17,758 $116,124 $3,078,497 Colum...
AI summary The document provides a summary of NSPI's 2009 Executive Compensation, Benefits and Other Expenses, including total amounts and allocations based on time-keeping records. It notes that 50% of incentive payments are excluded from regulated earnings as per the 2002 Rate Decision, and RSUs are excluded from revenue requirement calculations.
FINANCIAL POLICIES AND PROCEDURES Business Expense Reimbursement Last Updated: January 12, 2009 This page is maintained by Emera's Controllers Department
AI summary The document outlines Nova Scotia Power Inc.'s business expense reimbursement policy, last updated in January 2009 and maintained by Emera's Controllers Department. It falls under the broader category of financial policies and procedures, focusing on corporate expense management frameworks.
09 Travel Arrangements Policy When traveling, employees should use their goodjudgment and select the shortest and most direct routes. Employees must use the corporate travel agent when booking travel arrangements, including flights, car re...
AI summary The policy mandates employees to use corporate travel agents for booking flights, car rentals, and hotels to secure Emera discounts, emphasizing route efficiency and direct travel paths.
Personal Vehicle - Employees permitted to use their own private means of transportation, in lieu of airline travel, will be reimbursed at the Emera published private vehicle rate, or the equivalent of an economy class air fare plus associa...
AI summary The document outlines reimbursement policies for Emera employees using personal vehicles for business travel, specifying a $0.34 per kilometer rate for non-vehicle-allowance recipients and noting that vehicle-allowance recipients must claim mileage via PeopleSoft as a taxable benefit. Rates are subject to change and require documentation of travel details.