0001104659-11-009751 Sample Contracts

EQT CORPORATION Non-transferable G R A N T T O (“Grantee”)
Performance Award Agreement • February 24th, 2011 • 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, a cash payment equal to the value of shares of the Company’s Common Stock, 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”).

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Date] [Name and address] Dear [Name]:
Participant Award Agreement • February 24th, 2011 • EQT Corp • Natural gas transmisison & distribution

Pursuant to the terms and conditions of the EQT Corporation 2009 Long-Term Incentive Plan (the “Plan”), the Compensation Committee of the Board of Directors (“Board”) of EQT Corporation (the “Company”) has granted you Non-Qualified Stock Options (the “Options”) to purchase shares of the Company’s common stock as outlined below.

Date] [Name] [Address] [City, State and Zip Code] Dear [Name] :
Participant Award Agreement • February 24th, 2011 • EQT Corp • Natural gas transmisison & distribution

Pursuant to the terms and conditions of the 2009 Long-Term Incentive Plan (the “Plan”), the Compensation Committee of the Board of Directors (“Board”) of EQT Corporation (the “Company”) granted you a Restricted Stock Award (the “Award”) for restricted shares of the Company’s common stock as outlined below.

EQT Corporation Amendment to 2010 Stock Incentive Award Agreement
2010 Stock Incentive Award Agreement • February 24th, 2011 • EQT Corp • Natural gas transmisison & distribution

This Amendment to that certain 2010 Stock Incentive Award Agreement dated as of January 1, 2010 (the “Award Agreement”) between EQT Corporation (the “Company”) and the undersigned holder of the award (the “Award Holder”) is made this 3rd day of February 2011. Capitalized terms used herein and not otherwise defined have the meanings given to such terms in the Award Agreement.

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