0000741612-01-500013 Sample Contracts

April 5, 2000 PERSONAL AND CONFIDENTIAL Mr. Douglas Hobbs Texas-New Mexico Power Company 4100 International Plaza Fort Worth, Texas 76109 Dear Mr. Hobbs: We are pleased to offer you the position of Vice President of Texas-New Mexico Power Company (the...
Personal and Confidential • March 8th, 2001 • Texas New Mexico Power Co • Electric services

This agreement is effective as of and only upon the closing (the "Closing") as defined in the Agreement and Plan of Merger dated as of May 24, 1999 by an among SW Acquisition, L.P., ST Acquisition Corp. and TNP Enterprises, Inc. The terms and conditions set forth herein shall remain in effect until the third anniversary of the Closing, except as otherwise noted herein, provided you remain employed by the Company through such date. This agreement supersedes all previous agreements relating to your employment with the Company, including, but not limited to, your Texas-New Mexico Power Company Executive Agreement for Severance Upon Change in Control dated as of February 16, 1998 and all such agreements will have no further force and effect.

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June 19, 2000 PERSONAL AND CONFIDENTIAL Mr. Mike Matte Texas-New Mexico Power Company 4100 International Plaza Fort Worth, Texas 76109 Dear Mr. Matte: We are pleased to offer you the position of Vice President of Texas-New Mexico Power Company (the...
Personal and Confidential • March 8th, 2001 • Texas New Mexico Power Co • Electric services

This agreement is effective as of and only upon the closing (the "Closing") as defined in the Agreement and Plan of Merger dated as of May 24, 1999 by and among SW Acquisition, L.P., ST Acquisition Corp. and TNP Enterprises, Inc. The terms and conditions set forth herein shall remain in effect until the third anniversary of the Closing, except as otherwise noted herein, provided you remain employed by the Company through such date. This agreement supersedes all previous agreements relating to your employment with the Company, including, but not limited to, your Texas-New Mexico Power Company Executive Agreement for Severance Upon Change in Control dated as of February 16, 1998 and all such agreements will have no further force and effect.

Senior Officer Agreement June 15, 2000 PERSONAL AND CONFIDENTIAL Mr. Manjit S. Cheema Texas-New Mexico Power Company 4100 International Plaza Fort Worth, Texas 76109 Dear Mr. Cheema: We are pleased to offer you the position of Senior Vice President...
Senior Officer Agreement • March 8th, 2001 • Texas New Mexico Power Co • Electric services • Texas

This agreement is effective as of and only upon the closing (the "Closing") as defined in the Agreement and Plan of Merger dated as of May 24, 1999 by an among SW Acquisition, L.P., ST Acquisition Corp. and TNP Enterprises, Inc. The terms and conditions set forth herein shall remain in effect until the third anniversary of the Closing, except as otherwise noted herein, provided you remain employed by the Company through such date. This agreement supersedes all previous agreements relating to your employment with the Company, including, but not limited to, your Texas-New Mexico Power Company Executive Agreement for Severance Upon Change in Control dated as of February 16, 1998 and all such agreements will have no further force and effect.

EMPLOYMENT AGREEMENT
Employment Agreement • March 8th, 2001 • Texas New Mexico Power Co • Electric services • Texas

This Agreement (this "Agreement"), dated as of April 7, 2000, is made by and between TNP Enterprises, Inc., a Texas public utility holding company, having its principal offices at 4100 International Plaza, P.O. Box 2943, Fort Worth, Texas 76113 (the "Corporation"), and Mr. William J. Catacosinos (the "Executive"), residing at 222 Cleft Road, Mill Neck, NY 11765.

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