0000950123-11-041426 Sample Contracts

PERFORMANCE SHARE AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Performance Share Agreement • April 29th, 2011 • Pinnacle West Capital Corp • Electric services • Arizona

THIS AWARD AGREEMENT is made and entered into as of February 15, 2011 (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and (“Employee”).

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U.S. $175,000,000 CREDIT AGREEMENT Dated as of February 23, 2011 among PINNACLE WEST CAPITAL CORPORATION, as Borrower, THE LENDERS PARTY HERETO, UNION BANK, N.A., as Agent, THE ROYAL BANK OF SCOTLAND FINANCE (IRELAND), as Syndication Agent, SUNTRUST...
Credit Agreement • April 29th, 2011 • Pinnacle West Capital Corp • Electric services • New York

PINNACLE WEST CAPITAL CORPORATION, an Arizona corporation (the “Borrower”), the banks, financial institutions and other institutional lenders (the “Initial Lenders”) listed on the signature pages hereof, Union Bank, N.A., SunTrust Robinson Humphrey, Inc. and The Royal Bank of Scotland Finance (Ireland), as Joint Lead Arrangers (the “Arrangers”), The Royal Bank of Scotland Finance (Ireland), as Syndication Agent, SunTrust Bank, as Documentation Agent, and UNION BANK, N.A., as Agent for the Lenders (as hereinafter defined), agree as follows:

RESTRICTED STOCK UNIT AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Restricted Stock Unit Agreement • April 29th, 2011 • Pinnacle West Capital Corp • Electric services • Arizona

THIS AWARD AGREEMENT is made and entered into as of February 15, 2011 (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and (“Employee”).

RESTRICTED STOCK UNIT AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN (SUPPLEMENTAL 2010 AWARD)
Restricted Stock Unit Agreement • April 29th, 2011 • Pinnacle West Capital Corp • Electric services • Arizona

THIS AWARD AGREEMENT is made and entered into as of February 15, 2011 (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and (“Employee”).

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