Common use of Form and Time of Payment Clause in Contracts

Form and Time of Payment. Confirmed Performance Awards shall be payable as provided in this Section 3: · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(a) shall be a date selected by the Company that is no later than 60 days after January 1, 2014. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(b) shall be a date selected by the Company that is no later than 60 days after January 1, 2015. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(c) shall be a date selected by the Company that is no later than 60 days after the date of the Change of Control. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(d) shall be a date selected by the Company that is no later than 60 days after Xxxxxxx’s qualifying termination of employment. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. Shares of Common Stock paid to Participants under this Agreement will be registered in Grantee’s name on the books of the Company as of the applicable Payment Dates and will be made available to Grantee thereafter, in certificated or uncertificated form, as Grantee shall direct.

Form and Time of Payment. Confirmed Performance Awards shall be payable on the applicable payment date (each, a “Payment Date”) as provided in this Section 34: · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(a) shall be a date selected by the Company that is no later than 60 days after January 1, 20142016. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(b) shall be a date selected by the Company that is no later than 60 days after January 1, 20152017. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(c) shall be a date selected by the Company that is no later than 60 days after the closing date of the Qualifying Change of Control. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section Sections 2(d) and 2(e) shall be a date selected by the Company that is is: (i) if a Qualifying Termination under the circumstances described in clause (i) of Section 3(a) above or the circumstances described in Section 3(b) above, no later than 60 days after Xxxxxxx’s such Qualifying Termination, or (ii) if a qualifying termination resignation under the circumstances described in clause (ii) of employmentSection 3(a) above, as soon as reasonably practicable after such qualifying resignation. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. Shares of Common Stock paid to Participants under this Agreement Notwithstanding the foregoing, the Committee may determine, in its discretion and for any reason, that Confirmed Performance Awards will be registered paid in Grantee’s name on the books of the Company as of the applicable Payment Dates and will be made available to Grantee thereafter, whole or in certificated or uncertificated form, as Grantee shall directpart in cash.

Form and Time of Payment. Confirmed Performance Awards shall be payable as provided in this Section 3: · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(a) shall be a date selected by the Company that is no later than 60 90 days after January 1, 2014the second anniversary of the Grant Date. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the last business day of 2012, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(b) shall be a date selected by the Company that is no later than 60 90 days after January 1, 2015the third anniversary of the Grant Date. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the last business day of 2013, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(c) shall be a date selected by the Company that is no later than 60 days after the date of the Change of Control. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the date of the Change of Control, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(d) shall be a date selected by the Company that is no later than 60 days after Xxxxxxx’s qualifying termination of employment. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the last business day of the month preceding the date of employment termination, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. Shares of Common Stock paid to Participants under this Agreement will be registered in Grantee’s name on the books of the Company as of the applicable Payment Dates and will be made available to Grantee thereafter, in certificated or uncertificated form, as Grantee shall direct.

Form and Time of Payment. Confirmed Performance Awards shall be payable on the applicable payment date (each, a “Payment Date”) as provided in this Section 3: · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(a) shall be a date selected by the Company that is no later than 60 days after January 1, 20142015. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common StockUnits, equal to one share of Common Stock Unit times the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(b) shall be a date selected by the Company that is no later than 60 days after January 1, 20152016. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common StockUnits, equal to one share of Common Stock Unit times the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to an EQT Change of Control as provided under Section 2(c) shall be a date selected by the Company that is no later than 60 days after the closing date of the EQT Change of Control. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common StockUnits, equal to one share of Common Stock Unit times the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(d) shall be a date selected by the Company that is no later than 60 days after Xxxxxxx’s qualifying termination of employment. Such Except as set forth below, such awards shall be paid on the Payment Date in shares of the Company’s Common StockUnits, equal to one share of Common Stock Unit times the number of Confirmed Performance Awards then vesting. Shares Notwithstanding the foregoing, in the event of an EQT Change of Control, an EQM Change of Control or a Unit Delisting Event, the EQT Compensation Committee may elect to pay the Confirmed Performance Awards on the applicable Payment Date in cash, in an amount equal to the number of Common Stock paid Units otherwise payable multiplied by the Fair Market Value (as defined in the EQM Plan) of the Common Units as of the business day immediately preceding the EQT Change of Control, the EQM Change of Control or the Unit Delisting Event, as the case may be. Common Units distributed to Participants Grantee under this Agreement will shall be registered in Grantee’s name on the books of the Company EQM as of the applicable Payment Dates and will be made available to Grantee thereafter, in certificated or uncertificated form, as Grantee shall directDate(s).

Form and Time of Payment. Confirmed Performance Awards shall be payable on the applicable payment date (each, a “Payment Date”) as provided in this Section 3: · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(a) shall be a date selected by the Company that is no later than 60 days after January 1, 20142015. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the last business day of 2014, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(b) shall be a date selected by the Company that is no later than 60 days after January 1, 20152016. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the last business day of 2015, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(c) shall be a date selected by the Company that is no later than 60 days after the closing date of the Change of Control. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the business day immediately preceding the date of the Change of Control, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. · • The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(d) shall be a date selected by the Company that is no later than 60 days after XxxxxxxGrantee’s qualifying termination of employment. Such awards shall be paid on the Payment Date in shares cash, equal to (i) the Fair Market Value per share of the Company’s Common StockStock as of the last business day of the month preceding the date of employment termination, equal to one share of Common Stock times (ii) the number of Confirmed Performance Awards then vesting. Shares of Common Stock paid to Participants under this Agreement will be registered in Grantee’s name on the books of the Company as of the applicable Payment Dates and will be made available to Grantee thereafter, in certificated or uncertificated form, as Grantee shall direct.

Form and Time of Payment. Confirmed Performance Awards shall be payable as provided in this Section 3: · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(a) shall be a date selected by the Company that is no later than 60 90 days after January 1, 20142013. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(b) shall be a date selected by the Company that is no later than 60 90 days after January 1, 20152014. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(c) shall be a date selected by the Company that is no later than 60 days after the date of the Change of Control. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. · The Payment Date for Confirmed Performance Awards vesting pursuant to Section 2(d) shall be a date selected by the Company that is no later than 60 days after XxxxxxxGrantee’s qualifying termination of employment. Such awards shall be paid on the Payment Date in shares of the Company’s Common Stock, equal to one share of Common Stock times the number of Confirmed Performance Awards then vesting. Shares of Common Stock paid to Participants under this Agreement will be registered in Grantee’s name on the books of the Company as of the applicable Payment Dates and will be made available to Grantee thereafter, in certificated or uncertificated form, as Grantee shall direct.