0000950124-08-002177 Sample Contracts

Deferred Stock Unit Award Agreement Pursuant to the 2006 Long-Term Incentive Plan of ITC Holdings Corp.
Deferred Stock Unit Award Agreement • May 1st, 2008 • ITC Holdings Corp. • Electric services • Michigan

THIS DEFERRED STOCK UNIT AWARD AGREEMENT (the “Agreement”) is made effective as of February 19, 2008 (the “Effective Date”), by and between ITC Holdings Corp., a Michigan corporation (the “Corporation”), and Joseph L. Welch (“Participant”).

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