Black Hills Corporation Incentive Compensation Plan Performance Share Award Agreement (Effective for Plans beginning on or after January 1, 2009) Performance Period _________________________ Perf.ShareAward2008 Contents Black Hills CorporationPerformance Share Award Agreement • March 2nd, 2009 • Black Hills Corp /Sd/ • Electric services • South Dakota
Black Hills Corporation Restricted Stock Award Agreement (Effective for Awards granted on or after January 1, 2009) Dear ________________________:Restricted Stock Award Agreement • March 2nd, 2009 • Black Hills Corp /Sd/ • Electric services • South Dakota
Congratulations on your selection as a Participant of Black Hills Corporation 2005 Omnibus Incentive Plan (the “Plan”). This Agreement and the Plan together govern your rights to the award and set forth all of the conditions and limitations affecting such rights. All capitalized terms shall have the meanings ascribed to them in the Plan unless specifically set forth otherwise herein. If there is any inconsistency between the terms of this Agreement and the terms of the Plan, the Plan’s terms shall supersede and replace the conflicting terms of this Agreement. By signing below, you agree to be bound by all the provisions of the Plan and this Agreement.
Black Hills Corporation Option Award Agreement (Effective for awards granted on or after January 1, 2009)Option Award Agreement • March 2nd, 2009 • Black Hills Corp /Sd/ • Electric services
This document constitutes part of the prospectus covering securities that have been registered under the Securities Act of 1933.
Black Hills Corporation Restricted Stock Unit Agreement (Effective for Awards granted on or after January 1, 2009) Dear _______________________:Restricted Stock Unit Agreement • March 2nd, 2009 • Black Hills Corp /Sd/ • Electric services • South Dakota
Congratulations on your award under the Black Hills Corporation 2005 Omnibus Incentive Plan (the “Omnibus Plan”) and your participation in the Black Hills Corporation Nonqualified Deferred Compensation Plan (the “NDC Plan”) (collectively, the “Plans”). This Agreement and the Plans together govern your rights to the award and set forth all of the conditions and limitations affecting such rights. Copies of the Plans have been delivered to you. All capitalized terms shall have the meanings ascribed to them in the respective Plan unless specifically set forth otherwise herein. If there is any inconsistency between the terms of this Agreement and the terms of the Plans, the Plans’ terms shall supersede and replace the conflicting terms of this Agreement. By signing below, you agree to be bound by all the provisions of the Plans and this Agreement.
