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NRG Energy, Inc.
CFO Compensation Table for 2009
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Grants Under the Long
Term
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Incentive Plan
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2009 Annual
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Non-
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Incentive Plan
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Restricted
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Qualified
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Name
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2009 Base
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Design
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Stock
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Stock
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Performance
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and Title
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Salary
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Target
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Maximum
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Units
(2)
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Options
(3)
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Units
(4)
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Clint Freeland, Senior Vice President and Chief
Financial Officer
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$
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385,000
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75
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%
(1)
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150
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%
(1)
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3,300
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32,800
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6,400
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(1)
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For fiscal
2009, Mr. Freeland’s target incentive for annual
incentive compensation will be 75% of base salary with a maximum
opportunity of 112.5% of base salary. Incentive components for
Mr. Freeland will include targets based on NRG’s free
cash flow and EBITDA in 2009, as well as other relevant operating
performance objectives.
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(2)
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Each Restricted
Stock Unit (“RSU”) is equivalent to one share of
NRG’s common stock, par value $0.01. Mr. Freeland will
receive from NRG one such share of common stock for each RSU on
January 2, 2012. The number of units shown is subject to
change based on the NRG closing price on January 2,
2009.
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(3)
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Non-Qualified
Stock Options will vest and become exercisable as follows: 33 1/3%
on January 2, 2010,
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