0000950153-08-000133 Sample Contracts

PERFORMANCE SHARE AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Performance Share Agreement • January 28th, 2008 • Arizona Public Service Co • Electric & other services combined • Arizona

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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RESTRICTED STOCK AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Restricted Stock Agreement • January 28th, 2008 • Arizona Public Service Co • Electric & other services combined • Arizona

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

RESTRICTED STOCK UNIT AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Restricted Stock Unit Agreement • January 28th, 2008 • Arizona Public Service Co • Electric & other services combined • Arizona

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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