0001130464-05-000339 Sample Contracts

FORM OF UTILITY MONEY POOL AGREEMENT
Utility Money Pool Agreement • September 2nd, 2005 • Black Hills Corp /Sd/ • Electric services • South Dakota

This Utility Money Pool Agreement (the “Agreement”), dated as of July 1, 2005, 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 Service Company, LLC (“Black Hills Service”), a South Dakota limited liability company and a non-utility subsidiary of Black Hills (in its role as administrator of the Utility Money Pool); Black Hills Power, Inc. (“Black Hills Power”), a South Dakota corporation and a utility subsidiary of Black Hills (in its role as Repository, Lending Party, Borrowing Party and Utility Subsidiary, each as defined herein); and Cheyenne Light, Fuel and Power Company (“Cheyenne Light”), a Wyoming corporation and a utility subsidiary of Black Hills. Each of Black Hills, Black Hills Service, Black Hills Power, and Cheyenne Light is referred to herein as a “Party,” and collectively as the “Parties.” Blac

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FORM OF NON-UTILITY MONEY POOL AGREEMENT
Non-Utility Money Pool Agreement • September 2nd, 2005 • Black Hills Corp /Sd/ • Electric services • South Dakota

This Non-Utility Money Pool Agreement (the “Agreement”), dated as of July 1, 2005, 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 Service Company, LLC (“Black Hills Service”), a South Dakota limited liability company and a non-utility subsidiary of Black Hills (in its role as administrator of the Non-Utility Money Pool and as a participant in the money pool); Black Hills Energy, Inc. (“Black Hills Energy”), a South Dakota corporation and a non-utility subsidiary of Black Hills (in its role as Repository, Lending Party, Borrowing Party and Non-Utility Subsidiary, each as defined herein); and each of the non-utility subsidiaries of Black Hills whose name appears on Schedule I hereto (collectively, the “Non-Utility Subsidiaries”). Each of Black Hills, Black Hills Service, Black Hills Energy and the Non-Utility

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