0000073088-20-000169 Sample Contracts

NorthWestern Corporation Executive Retirement/Retention Program Restricted Share Unit Award Agreement (Granted Under the Amended and Restated Equity Compensation Plan)
Restricted Share Unit Award Agreement • December 30th, 2020 • Northwestern Corp • Electric & other services combined • Delaware

The Executive Retirement/Retention Program is designed to provide the executives of NorthWestern Corporation (together with its subsidiaries, the “Company”) with a reward for their years of service with the Company when they retire. This program is in lieu of a comprehensive supplemental retirement/pension plan for executives as provided by other companies, as well as a retention incentive to continue their employment with, and to advance the interests of, the Company. This award to Grantee will be governed by this Agreement and the Company's Amended and Restated Equity Compensation Plan (the “Plan”).

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