January 1, 2010 [Name] [Street Address] [City, State, Zip Code] Dear [Name]:Participant Award Agreement • February 18th, 2010 • EQT Corp • Natural gas transmisison & distribution
Pursuant to the terms and conditions of the EQT Corporation 2009 Long-Term Incentive Plan (the “Plan”) and the 2010 Executive Performance Incentive Program (the “Program”), effective January 1, 2010, the Compensation Committee of the Board of Directors of EQT Corporation (the “Company”) grants you «NumberUnits» Target Share Units (the “Award”), the value of which is determined by reference to the Company’s common stock. The terms and conditions of the Award, including, without limitation, vesting and distribution, shall be governed by the provisions of the Program document attached hereto as Exhibit A, provided that the Award is also subject to the terms and limits included within the Plan. The Compensation Committee retains the discretion to distribute the Award in cash, Company stock or any combination thereof.
EQT CORPORATIONStock Incentive Award Agreement • February 18th, 2010 • EQT Corp • Natural gas transmisison & distribution
by EQT Corporation (the “Company”) of Performance Awards (the “Performance Awards”) representing the right to earn, on a one-for-one basis, shares of the Company’s Common Stock (“Shares”), pursuant to and subject to the provisions of the EQT Corporation 2009 Long-Term Incentive Plan, as amended (the “Plan”), and to the terms and conditions set forth on the following pages of this award agreement (this “Agreement”).
