0000073088-09-000008 Sample Contracts

WAIVER AND RELEASE
Waiver and Release • January 29th, 2009 • Northwestern Corp • Electric & other services combined • South Dakota

This Waiver and Release, (“Release”), undersigned and dated as of January 29, 2009, (“Release”), is entered into by and between NorthWestern Corporation, d/b/a NorthWestern Energy, a Delaware corporation with its principal place of business located at 3010 West 69th Street, Sioux Falls, South Dakota, 57108, its officers, agents, directors, employees, successors, subsidiaries, insurers, parents and/or affiliated companies, and assigns (“NWEC or Company”) and Greg Trandem (“Trandem” or “You”), a Montana resident, to settle all issues between us in connection with Trandem's severance of employment. NWEC and Trandem are collectively referred to herein as the “Parties”.

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CONSULTING AGREEMENT
Consulting Agreement • January 29th, 2009 • Northwestern Corp • Electric & other services combined

This Consulting Agreement, dated as of January 29, 2009, (the “Agreement”), is entered into by and between NorthWestern Energy (“NWEC” or “Company”), a Delaware corporation with its principal place of business located at 3010 West 69th Street, Sioux Falls, South Dakota, 57108 and Greg Trandem (“Trandem” or “Consultant”), a Montana resident. NWEC and Trandem are collectively referred to herein as the “Parties.”

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