0001140361-24-044886 Sample Contracts

SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND EVERUS CONSTRUCTION GROUP, INC. DATED AS OF OCTOBER 31, 2024
Separation and Distribution Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders • Delaware

This SEPARATION AND DISTRIBUTION AGREEMENT, dated as of October 31, 2024 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Everus Construction Group, Inc., a Delaware corporation (“SpinCo”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.

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TAX MATTERS AGREEMENT DATED AS OF OCTOBER 31, 2024 BY AND BETWEEN MDU RESOURCES GROUP, INC. AND EVERUS CONSTRUCTION GROUP, INC.
Tax Matters Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders

This TAX MATTERS AGREEMENT (this “Agreement”) is entered into as of October 31, 2024, by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”) and Everus Construction Group, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“SpinCo”) (Parent and SpinCo sometimes collectively referred to herein as the “Companies” and, as the context requires, individually referred to herein as a “Company”).

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TRANSITION SERVICES AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND EVERUS CONSTRUCTION GROUP, INC. DATED AS OF OCTOBER 31, 2024
Transition Services Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders • Delaware

This TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into as of October 31, 2024 by and between MDU Resources Group. Inc., a Delaware corporation (“Parent”), and Everus Construction Group, Inc., a Delaware corporation (“SpinCo”).

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EMPLOYEE MATTERS AGREEMENT
Employee Matters Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders

This EMPLOYEE MATTERS AGREEMENT, dated as of October 31, 2024 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Everus Construction Group, Inc., a Delaware corporation (“SpinCo”).

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EVERUS CONSTRUCTION GROUP, INC. DEFERRED COMPENSATION PLAN PLAN DOCUMENT AND ADOPTION AGREEMENT
Everus Construction • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders
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