0001108426-24-000096 Sample Contracts

SIGN-ON EQUITY GRANT RESTRICTED STOCK RIGHTS AWARD AGREEMENT
Restricted Stock Rights Award Agreement • November 1st, 2024 • Public Service Co of New Mexico • Electric & other services combined • New Mexico

THIS RESTRICTED STOCK RIGHTS AWARD AGREEMENT (the “Agreement”) is entered into by and between TXNM Energy, Inc. (the “Company”) and Brian G. Iverson (the “Employee”) (each, a “Party” and collectively, the “Parties”) as of September 16, 2024 (the “Start Date”).

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