0000356309-14-000135 Sample Contracts

NEW JERSEY RESOURCES CORPORATION Deferred Stock Retention Award Agreement
Deferred Stock Retention Award Agreement • December 23rd, 2014 • 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 _________, 20__ (the “Grant Date”), by New Jersey Resources Corporation, a New Jersey corporation ("NJR"), to ("Employee"), under Section 6(e) of the 2007 Stock Award and Incentive Plan (the "Plan"), of Deferred Stock as follows:

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NEW JERSEY RESOURCES CORPORATION Performance Shares Agreement - TSR
Performance Shares Agreement • December 23rd, 2014 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance Shares Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance Shares” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goal and Earning of Performance Shares”, confirms the grant on ________, ____ (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to _____________ (“Employee”), under Sections 6(e), 6(i) and 7 of the 2007 Stock Award and Incentive Plan (the “Plan”), of Performance Shares (the “Performance Shares”), including rights to Dividend Equivalents as specified herein, as follows:

NEW JERSEY RESOURCES CORPORATION Performance-Based Restricted Stock Agreement
Performance-Based Restricted Stock Agreement • December 23rd, 2014 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance-Based Restricted Stock Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance-Based Restricted Stock” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goals and Vesting of Performance-Based Restricted Stock”, confirms the grant on __________. 20__ (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to (“Employee”), under Sections 6(d), 6(i) and 7 of the 2007 Stock Award and Incentive Plan (the “Plan”), of Performance-Based Restricted Stock (the “Performance-Based Restricted Stock”), including rights to dividends paid on the Performance-Based Restricted Stock as specified herein, as follows:

NEW JERSEY RESOURCES CORPORATION Restricted Stock Agreement
Restricted Stock Agreement • December 23rd, 2014 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Restricted Stock Agreement (the "Agreement"), which includes the attached “Terms and Conditions of Restricted Stock” (the “Terms and Conditions”), confirms the grant on _______, 20__ (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the "Company"), to ("Employee"), under Section 6(d) of the 2007 Stock Award and Incentive Plan (the "Plan"), of Restricted Stock as follows:

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