0001104659-04-008746 Sample Contracts

Maine & Maritimes Corporation EMPLOYEE RETENTION AGREEMENT
Employee Retention Agreement • March 30th, 2004 • Maine Public Service Co • Electric services • Maine

THIS EMPLOYEE RETENTION AGREEMENT dated as of September 5, 2003 (this “Agreement”) is entered into between Maine & Maritimes Corporation, a Maine corporation (the “Company”), and Michael A. Thibodeau (the “Executive”) (the Company and Executive are sometimes referred to as “Party” or collectively “Parties”).

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SETTLEMENT AGREEMENT
Settlement Agreement • March 30th, 2004 • Maine Public Service Co • Electric services

The Parties agree to this Settlement Agreement, which is made as of 11th day of February, 2004. The terms of the Settlement Agreement are set forth below.

DATE: Sep 10, 2003
Interest Rate Swap Confirmation • March 30th, 2004 • Maine Public Service Co • Electric services

The purpose of this letter agreement is to set forth the terms and conditions of the Transaction entered into between Fleet National Bank Party A and MAINE PUBLIC SERVICE COMPANY Party B on the Trade Date specified below (the “Transaction”). This letter constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

DATE: Sep 10. 2003
Interest Rate Swap Confirmation • March 30th, 2004 • Maine Public Service Co • Electric services

The purpose of this letter agreement is to set forth the terms and conditions of the Transaction entered into between Fleet National Bank Party A and MAINE PUBLIC SERVICE COMPANY Party B on the Trade Date specified below (the “Transaction”). This letter constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

EMPLOYMENT CONTINUITY AGREEMENT
Employment Continuity Agreement • March 30th, 2004 • Maine Public Service Co • Electric services • Maine

This Agreement made as of this 9’’ day of May, 2000, by and between MAINE PUBLIC SERVICE COMPANY, a Maine corporation with its principal place of business in Presque Isle, Maine (the “Company”) and Calvin D. Deschene of Presque Isle, Maine, (“Director”).

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