Common use of Final Measurement of the Stock Unit Award Clause in Contracts

Final Measurement of the Stock Unit Award. Except as provided in this Agreement or the Plan, including Section 7.4(b)(i) and Article X, the lifting of the transferability restrictions and the forfeitability provisions shall be dependent on (1) the shareholder value performance (as measured by total shareholder return or TSR) of the underlying Stock during the TSR Measuring Period (January 1, 2014 through December 31, 2016), (2) the earned return on equity (XXX) of Vectren Corporation (Company) for the twelve months ended December 31, 2016 (the XXX Measuring Period) relative to the performance metrics established by the Compensation and Benefits committee (Committee), and (3) the continued employment of the Grantee until December 31, 2017.

Final Measurement of the Stock Unit Award. Except as provided in this Agreement or the Plan, including Section 7.4(b)(i) and Article X, the lifting of the transferability restrictions and the forfeitability provisions shall be dependent on (1) the shareholder value performance (as measured by total shareholder return or TSR) of the underlying Stock during the TSR Measuring Period (January 1, 2014 2009 through December 31, 20162011), (2) the earned return on equity (XXX) of Vectren Corporation (Company) for the twelve months ended December 31, 2016 2011 (the XXX Measuring Period) relative to the performance metrics established by the Compensation and Benefits committee (Committee), and (3) the continued employment of the Grantee until December 31, 20172012.

Final Measurement of the Stock Unit Award. Except as provided in this Agreement or the Plan, including Section 7.4(b)(i) and Article X, the lifting of the transferability restrictions and the forfeitability provisions shall be dependent on (1) the shareholder value performance (as measured by total shareholder return or TSR) of the underlying Stock during the TSR Measuring Period (January 1, 2014 2013 through December 31, 20162015), (2) the earned return on equity (XXX) of Vectren Corporation (Company) for the twelve months ended December 31, 2016 2015 (the XXX Measuring Period) relative to the performance metrics established by the Compensation and Benefits committee (Committee), and (3) the continued employment of the Grantee until December 31, 20172016.

Final Measurement of the Stock Unit Award. Except as provided in this Agreement or the Plan, including Section 7.4(b)(i) and Article X, the lifting of the transferability restrictions and the forfeitability forfeiture provisions and vesting shall be dependent on (1) the shareholder value performance (as measured by total shareholder return or TSR) of the underlying Stock during the TSR Measuring Period (January 1, 2014 2015 through December 31, 20162017), (2) the earned return on equity (XXX) of Vectren Corporation (Company) Company for the twelve months ended December 31, 2016 2017 (the XXX Measuring Period) relative to the performance metrics established by the Compensation and Benefits committee (Committee), and (3) the continued employment of the Grantee until December 31, 2017the date the Committee lifts the restrictions.

Final Measurement of the Stock Unit Award. Except as provided in this Agreement or the Plan, including Section 7.4(b)(i) and Article X, the lifting of the transferability restrictions and the forfeitability provisions shall be dependent on (1) the shareholder value performance (as measured by total shareholder return or TSR) of the underlying Stock during the TSR Measuring Period (January 1, 2014 2008 through December 31, 20162010), (2) the earned return on equity (XXX) of Vectren Corporation (Company) for the twelve months ended December 31, 2016 2010 (the XXX Measuring Period) relative to the performance metrics established by the Compensation and Benefits committee (Committee), and (3) the continued employment of the Grantee until December 31, 2017.2011. January 1, 2008 Restricted Stock Grant [Grantee’s Name]