0001104659-14-012068 Sample Contracts

PERFORMANCE SHARE AWARD AGREEMENT
Performance Share Award Agreement • February 21st, 2014 • Arizona Public Service Co • Electric & other services combined

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 UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • February 21st, 2014 • Arizona Public Service Co • Electric & other services combined

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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