SEVERANCE AGREEMENT AMENDMENTSeverance Agreement • February 24th, 2011 • Madison Gas & Electric Co • Electric & other services combined
(the “Employee”) entered into a Severance Agreement (the “Agreement”), dated , pursuant to which Employee is entitled to certain severance payments and benefits under specified circumstances following Employee’s separation from service with the Company. For good and valuable consideration the receipt and sufficiency are hereby acknowledged, the Company and Employee desire to amend the Agreement, effective as of December 30, 2010, as follows:
