0000950134-09-009385 Sample Contracts

PERFORMANCE SHARE AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Performance Share Agreement • May 5th, 2009 • Pinnacle West Capital Corp • Electric services • Arizona

THIS AWARD AGREEMENT is made and entered into as of 2009 (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and (“Employee”).

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CAREER RECOGNITION AWARD AGREEMENT
Career Recognition Award Agreement • May 5th, 2009 • Pinnacle West Capital Corp • Electric services • Arizona

THIS CAREER RECOGNITION AWARD AGREEMENT (the “Agreement”), effective as of March 17, 2009, is entered into by and between William J. Post (the “Executive”) and Pinnacle West Capital Corporation (the “Company”).

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