NEW JERSEY NATURAL GAS COMPANY Deferred Stock Retention Award AgreementDeferred Stock Retention Award Agreement • January 7th, 2009 • New Jersey Resources Corp • Natural gas distribution • New Jersey
This Deferred Stock Retention Award Agreement (the "Agreement"), which includes the attached “Terms and Conditions of Deferred Stock,” confirms the grant on November 11, 2008 (the “Grant Date”) by NEW JERSEY NATURAL GAS COMPANY, a New Jersey corporation (the "Company"), to KATHLEEN T. ELLIS ("Employee"), under Section 6(e) of the 2007 Stock Award and Incentive Plan (the "Plan"), of Deferred Stock as follows:
