0001161728-16-000032 Sample Contracts

SEVERANCE AGREEMENT AMENDMENT
Severance Agreement • May 5th, 2016 • Madison Gas & Electric Co • Electric & other services combined

(the “Employee”) entered into a Severance Agreement (the “Agreement”), dated , pursuant to which Employee is entitled to certain severance payments and benefits under specified circumstances following Employee’s separation from service with the Company. For good and valuable consideration the receipt and sufficiency are hereby acknowledged, the Company and Employee desire to amend the Agreement, effective as of December 30, 2010, as follows:

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INCOME CONTINUATION AGREEMENT
Income Continuation Agreement • May 5th, 2016 • Madison Gas & Electric Co • Electric & other services combined • Wisconsin

by and between Madison Gas and Electric Company, a Wisconsin corporation (MGE), and (Employee), and shall be effective as of . This Agreement supersedes any and all previous Income Continuation Agreements entered into by and between the Employee and MGE, including but not limited to such agreement which was effective .

SEVERANCE AGREEMENT
Severance Agreement • May 5th, 2016 • Madison Gas & Electric Co • Electric & other services combined • Wisconsin

THIS AGREEMENT is entered into as of the _____day of __________, 20___ by and between Madison Gas and Electric Company, a Wisconsin corporation (the "Company"), and ______________ (the "Employee"), and shall be effective as of _____________ ___, 20___. This Agreement supersedes any and all previous Severance Agreements entered into by and between the Employee and the Company.

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