0001130464-12-000024 Sample Contracts

Black Hills Corporation Incentive Compensation Plan Performance Share Award Agreement
Performance Share Award Agreement • February 29th, 2012 • Black Hills Corp /Sd/ • Electric services

You have been selected to be a participant in the Black Hills Corporation 2005 Omnibus Incentive Plan (the “Plan”), as specified below:

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AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT
Independent Contractor Agreement • February 29th, 2012 • Black Hills Corp /Sd/ • Electric services

On May 3, 2010, Black Hills Corporation, Inc. (“Company”) and Lone Mountain Investments, Inc. (“Contractor”) entered into an Independent Contractor Agreement (the “Agreement”), pursuant to which Contractor agreed to provide certain Services in support of Company's subsidiary, Black Hills Exploration and Production, Inc. The Agreement was set to expire according to its original terms on July 31, 2011, and was extended by mutual agreement of the parties through December 31, 2011, in order to complete the provision of Services. The parties now agree that the Services will require further engagement of Contractor, beyond the initial extension date, to provide transition consulting to the new Vice President and General Manager. Therefore, it is hereby agreed as follows:

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