XEL » Topics » (r) Severance Multiple . For each Participant the number set forth opposite the Participants name in the column titled Severance Multiple on the Schedule I hereto.

This excerpt taken from the XEL 10-K filed Feb 27, 2009.

(r)            Severance Multiple. For each Participant the number set forth opposite the Participant’s name in the column titled Severance Multiple on the Schedule I hereto.

 

(s)           Subsidiary.  Any corporation or other entity in which the Corporation, directly or indirectly, holds a majority of the voting power of such corporation’s or entity’s outstanding shares of capital stock or ownership interests. An “affiliate” for purposes of this Policy means with respect to the Corporation or any other entity, an entity that directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, the Corporation or such other entity.

 

(t)            Target Annual Incentive.  The Annual Incentive Award under the Xcel Energy Inc. Executive Annual Incentive Award Plan or successor thereto that the Participant would have earned for the year in which his or her Date of Termination occurs, if the target goals for such year had been achieved.

 

ARTICLE III

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