0000950123-09-040202 Sample Contracts

PIKE ELECTRIC CORPORATION Option Award Agreement for [2005 / 2008] Omnibus Incentive Compensation Plan
Option Award Agreement • September 1st, 2009 • Pike Electric CORP • Electrical work • Delaware

THIS OPTION AWARD AGREEMENT (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Employee] (“Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

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PIKE ELECTRIC CORPORATION Restricted Share Award Agreement for [2008 / 2005] Omnibus Incentive Compensation Plan
Restricted Share Award Agreement • September 1st, 2009 • Pike Electric CORP • Electrical work • Delaware

THIS RESTRICTED SHARE AWARD AGREEMENT (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Director] (the “Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

PIKE ELECTRIC CORPORATION Restricted Share Award Agreement for [2008 / 2005] Omnibus Incentive Compensation Plan
Restricted Share Award Agreement • September 1st, 2009 • Pike Electric CORP • Electrical work • Delaware

THIS RESTRICTED SHARE AWARD AGREEMENT (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Employee] (the “Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

PIKE ELECTRIC CORPORATION Restricted Stock Unit Award Agreement for [2008 / 2005] Omnibus Incentive Compensation Plan
Restricted Stock Unit Award Agreement • September 1st, 2009 • Pike Electric CORP • Electrical work

THIS RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Employee] (the “Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

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