Progress Energy 2009 Annual Report Download - page 210

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PROXY STATEMENT
72
OTHER COMPENSATION
Directors are eligible to receive certain perquisites, including tickets to various cultural arts and sporting
events, which are de minimis in value. Each retiring Director also receives a gift valued at approximately $1,500 in
appreciation for his/her service on the Board.
Additionally, in 2009, directors were eligible to receive a 50 percent match from the Company for
contributions made in 2008 to eligible nonprofit organizations and to all accredited colleges and universities. The
Company’s Matching Gifts Program was suspended as of January 1, 2009.
We charge Directors with imputed income in connection with (i) their travel on Company aircraft for non-
Company related purposes and (ii) their spouses’ travel on Company aircraft. When spousal travel is at our invitation,
we will gross up the Directors for taxes incurred in connection with the imputed income related to the travel.