0001130464-04-000330 Sample Contracts

FORM OF NON-UTILITY MONEY POOL AGREEMENT
Non-Utility Money Pool Agreement • November 1st, 2004 • Black Hills Corp /Sd/ • Electric services • South Dakota

This Non-Utility Money Pool Agreement (the “Agreement”), dated as of ____________, 2004, is made and entered into by and among Black Hills Corporation (“Black Hills”), a South Dakota corporation and a registered holding company under the Public Utility Holding Company Act of 1935, as amended (the “Act”); Black Hills Services Company (“Black Hills Services”), a South Dakota corporation and a non-utility subsidiary of Black Hills (in its role as administrator of the money pool and as a participant in the money pool); and each of the non-utility subsidiaries of Black Hills whose name appears on the signature pages hereof (each a “Party” and collectively, the “Parties”).

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