0001057877-06-000044 Sample Contracts

IDACORP, Inc. PERFORMANCE SHARE AWARD AGREEMENT (Performance with two goals) [Date]
Performance Share Award Agreement • March 17th, 2006 • Idaho Power Co • Electric services • Idaho

In accordance with the terms of the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan (the "Plan"), pursuant to action of the Compensation Committee (the "Committee") of the Board of Directors, IDACORP, Inc. (the "Company") hereby grants to you (the "Participant"), subject to the terms and conditions set forth in this Performance Share Award Agreement (including Annex A and Annex B hereto and all documents incorporated herein by reference), an award of shares of Company common stock that are subject to the attainment of performance target levels ("Performance Shares") and an opportunity to earn additional Performance Shares of Company common stock if performance exceeds target levels, as set forth below:

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