Common use of No Rights to Continued Employment Clause in Contracts

No Rights to Continued Employment. This Award Agreement is not a contract of employment. Nothing in the Plan or in this Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary to terminate the Participant’s employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiary.

No Rights to Continued Employment. This Award Agreement is will not be deemed to create a contract or other promise of employment. Nothing in continued employment with the Plan or in this Award Agreement shall interfere with or limit Company and will not in any way prohibit or restrict the right ability of the Company or any subsidiary to terminate the Participant’s your employment at any time, time for any reason or no reason, with or confer upon the Participant the right to continue in the employ of the Company without Cause, at will with or a subsidiarywithout notice.

No Rights to Continued Employment. This Award Agreement is will not be deemed to create a contract or other promise of employment. Nothing in continued employment with the Plan or in this Award Agreement shall interfere with or limit Company and will not in any way prohibit or restrict the right ability of the Company or any subsidiary to terminate the Participant’s your employment at any time, time for any reason or no reason, with or confer upon the Participant the right to continue in the employ of the Company without Cause, at will with or a subsidiary.without notice. ​

No Rights to Continued Employment. This Award Agreement is not a contract of employment. Nothing in the Plan or in this Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary Subsidiary to terminate the Participant’s 's employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiary.Subsidiary. ANNEX B – MDU Resources Group, Inc. TO MDU RESOURCES GROUP, INC. LONG-TERM PERFORMANCE-BASED INCENTIVE PLAN ANNUAL INCENTIVE AWARD AGREEMENT

No Rights to Continued Employment. This The Award Agreement is not a contract of employment. Nothing in the Plan or in this the Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary Subsidiary to terminate the Participant’s 's employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiary.Subsidiary. ANNEX B TO KNIFE RIVER CORPORATION LONG-TERM PERFORMANCE-BASED INCENTIVE PLAN PERFORMANCE SHARE AWARD AGREEMENT [PEER GROUP COMPANIES]

No Rights to Continued Employment. This Award Agreement is not a contract of employment. Nothing in the Plan or in this Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary Subsidiary to terminate the Participant’s 's employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiary.Subsidiary. ANNEX B Performance Goal Definition 2015 Annual Performance Goal Amount Target Award Amount

No Rights to Continued Employment. This The Award Agreement is not a contract of employment. Nothing in the Plan or in this the Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary Subsidiary to terminate the Participant’s 's employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiarySubsidiary.

No Rights to Continued Employment. This Award Agreement is not a contract of employment. Nothing in the 2007 Plan, the New Plan or in this Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary to terminate the Participant’s employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiary.

No Rights to Continued Employment. This Award Agreement is not a contract of employment. Nothing in the Plan or in this Award Agreement shall interfere with or limit in any way the right of the Company or any subsidiary Subsidiary to terminate the Participant’s 's employment at any time, for any reason or no reason, or confer upon the Participant the right to continue in the employ of the Company or a subsidiary.Subsidiary. ANNEX B TO MDU RESOURCES GROUP, INC. LONG-TERM PERFORMANCE-BASED INCENTIVE PLAN ANNUAL INCENTIVE AWARD AGREEMENT [2009 Approved Performance Measures]