0000764622-21-000013 Sample Contracts

PERFORMANCE SHARE AWARD AGREEMENT
Performance Share Award Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

THIS AWARD AGREEMENT is made and entered into as of ____________ (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and _________________ (“Employee”).

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Discretionary Credit Award Agreement
Discretionary Credit Award Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

This Discretionary Credit Award Agreement (the “Agreement”) is entered into by and between Arizona Public Service Company (“APS”) and Theodore Geisler (“Employee”).

FIRST AMENDMENT
Retention Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

Arizona Public Service Company ("APS") previously entered into the Retention Agreement dated December 19, 2008 (the "Agreement") with Maria Lacal ("Employee"). By execution of this instrument, APS now desires to amend the Agreement as set forth below.

MEDICAL RETENTION AGREEMENT
Medical Retention Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

This Medical Retention Agreement (the "Agreement") is entered into by and between Arizona Public Service Company ("APS") and Maria Lacal ("Employee").

Discretionary Credit Award Agreement
Discretionary Credit Award Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

This Discretionary Credit Award Agreement (the “Agreement”) is entered into by and between Arizona Public Service Company (“APS”) and Maria Lacal (“Employee”).

RETENTION AGREEMENT
Retention Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

This RETENTION AGREEMENT ("Agreement") is entered into by and between Arizona Public Service Company ("APS") and Maria Lacal ("Employee") (collectively the "Parties"). APS highly values and desires to continue to employ Employee, and Employee desires to continue to be employed by APS.

Discretionary Credit Award Agreement
Discretionary Credit Award Agreement • February 24th, 2021 • Arizona Public Service Co • Electric & other services combined

This Discretionary Credit Award Agreement (the “Agreement”) is entered into by and between Arizona Public Service Company (“APS”) and Maria Lacal (“Employee”).

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