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PEG > SEC Filings for PEG > Form 8-K on 21-Feb-2014All Recent SEC Filings

Show all filings for PUBLIC SERVICE ENTERPRISE GROUP INC

Form 8-K for PUBLIC SERVICE ENTERPRISE GROUP INC


21-Feb-2014

Change in Directors or Principal Officers, Financial Statemen


Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

PSEG

On February 18, 2014, we entered into a second amendment to the employment agreement dated August 26, 2009, with J.A. Bouknight, Jr., Executive Vice President and General Counsel. The second amendment provides that any award of Performance Share Units granted to Mr. Bouknight in 2014 or thereafter under our Amended and Restated 2004 Long-Term Incentive Compensation Plan will vest one-twelfth per month during the year in which the award of Performance Share Units is granted. Mr. Bouknight will become fully vested on December 31 of the year in which the award is granted, or earlier, if his employment is terminated by reason of disability or death, and any payment of such award due will be made after the completion of the three-year performance cycle applicable to each award as set forth in the applicable grant agreements. No other provisions of the employment agreement were changed.



Item 9.01. Financial Statements and Exhibits

PSEG, Power and PSE&G

Exhibit 10 Second Amendment to Employment Agreement with J.A. Bouknight, dated February 18, 2014


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