PNM RESOURCES, INC. OFFICER RETENTION PLAN (As Amended and Restated Effective as of October 20, 2020)Officer Retention Plan • October 21st, 2020 • Texas New Mexico Power Co • Electric services • New Mexico
Effective December 7, 1998, Public Service Company of New Mexico adopted the Public Service Company of New Mexico First Restated and Amended Executive Retention Plan (the “Plan”). By an amendment dated November 27, 2002, sponsorship of the Plan was transferred to PNM Resources, Inc. (“PNM Resources”) and the Plan was renamed the “PNM Resources, Inc. First Restated and Amended Executive Retention Plan.” Effective as of July 13, 2003, PNM Resources amended and restated the Plan in its entirety and changed the name of the Plan to the “PNM Resources, Inc. Officer Retention Plan.” The Plan has been amended and restated on a number of occasions with the most recent restatement effective as of January 1, 2012.
PNM RESOURCES, INC.Officer Retention Plan • May 4th, 2012 • PNM Resources Inc • Electric services • New Mexico
Effective December 7, 1998, Public Service Company of New Mexico adopted the Public Service Company of New Mexico First Restated and Amended Executive Retention Plan (the “Plan”). By an amendment dated November 27, 2002, sponsorship of the Plan was transferred to PNM Resources, Inc. (“PNM Resources”) and the Plan was renamed the “PNM Resources, Inc. First Restated and Amended Executive Retention Plan.” Effective as of July 13, 2003, PNM Resources amended and restated the Plan in its entirety and changed the name of the Plan to the “PNM Resources, Inc. Officer Retention Plan.” The Plan was then amended and restated as of January 1, 2009 to satisfy the requirements of Section 409A of the Internal Revenue Code of 1986 (the “Code”).
