0001057877-09-000032 Sample Contracts

TERM LOAN CREDIT AGREEMENT among IDAHO POWER COMPANY, as Borrower, THE LENDERS NAMED HEREIN and JPMORGAN CHASE BANK, N.A., as Administrative Agent J.P. MORGAN SECURITIES INC. as Lead Arranger and Sole Book Runner Dated as of February 4, 2009
Term Loan Credit Agreement • February 26th, 2009 • Idaho Power Co • Electric services

This Term Loan Credit Agreement, dated as of February 4, 2009 is made among Idaho Power Company, an Idaho corporation, the Lenders, and JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders.

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AMENDMENT TO
Deferred Compensation Agreement • February 26th, 2009 • Idaho Power Co • Electric services

AMENDMENT TO DEFERRED COMPENSATION AGREEMENT, by and between _______________ (“Director”) and IDACORP Financial Services, Inc. (the “Company”);

AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT BETWEEN IDACORP, INC. AND
Change in Control Agreement • February 26th, 2009 • Idaho Power Co • Electric services • Idaho

THIS AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT (the "Agreement"), is by and between IDACORP, Inc., an Idaho corporation (the "Corporation") and __________________ (the "Executive") and is effective on the date established pursuant to Section 15 of this Agreement (the "Effective Date").

DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • February 26th, 2009 • Idaho Power Co • Electric services • Idaho

WHEREAS, Director desires to enter into the arrangement hereinafter set forth as an alternative payment arrangement for all or a portion of Director's cash fees for services as a member of the Board;

IDACORP, Inc.
Performance Share Award Agreement • February 26th, 2009 • Idaho Power Co • Electric services • Idaho

In accordance with the terms of the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan (the “Plan”), pursuant to action of the Compensation Committee (the “Committee”) of the Board of Directors, IDACORP, Inc. (the “Company”) hereby grants to you (the “Participant”), subject to the terms and conditions set forth in this Performance Share Award Agreement (including Annex A hereto and all documents incorporated herein by reference), an award of shares of Company common stock that are subject to the attainment of performance target levels (“Performance Shares”) and an opportunity to earn additional Performance Shares of Company common stock if performance exceeds target levels, as set forth below:

IDACORP Financial Services, Inc.
Idaho Power Co • February 26th, 2009 • Electric services

This letter agreement will serve as an amendment to your Deferred Compensation Agreement and is intended to reflect recent changes in the interest rate on deferred compensation and to bring your Deferred Compensation Agreement into documentary compliance with Section 409A of the Internal Revenue Code. Please read this letter and the attachments carefully and if you agree to the amendments reflected in Annex B, please sign where indicated and return to me as soon as possible, but in no event later than December 31, 2008.

IDACORP, INC. TERMINATION OF DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • February 26th, 2009 • Idaho Power Co • Electric services

WHEREAS, Director has elected to defer all or a portion of Director cash fees for service as a member of the Board pursuant to [a] Deferred Compensation Agreement[s] dated __________ [and [__________] (collectively, the “Deferred Compensation Agreement”)][ADD THE FOLLOWING IF DIRECTOR HAS EXECUTED AN AMENDMENT TO DEFERRED COMPENSATION AGREEMENT: and an Amendment to Deferred Compensation Agreement dated _____________ (collectively, the “Deferred Compensation Agreement”)]; and

IDAHO POWER COMPANY TERMINATION OF DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • February 26th, 2009 • Idaho Power Co • Electric services

WHEREAS, Director has elected to defer all or a portion of Director cash fees for service as a member of the Board pursuant to [a] Deferred Compensation Agreement[s] dated __________ [and [__________] (collectively, the “Deferred Compensation Agreement”)][ADD THE FOLLOWING IF DIRECTOR HAS EXECUTED AN AMENDMENT TO DEFERRED COMPENSATION AGREEMENT: and an Amendment to Deferred Compensation Agreement dated _____________ (collectively, the “Deferred Compensation Agreement”)]; and

IDACORP FINANCIAL SERVICES, INC. TERMINATION OF DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • February 26th, 2009 • Idaho Power Co • Electric services

TERMINATION OF DEFERRED COMPENSATION AGREEMENT, by and between [ ] (“Director”) and IDACORP Financial Services, Inc. (the “Company”);

Idaho Power Company
Idaho Power • February 26th, 2009 • Idaho Power Co • Electric services

This letter agreement will serve as an amendment to your Deferred Compensation Agreement and is intended to reflect recent changes in the interest rate on deferred compensation and to bring your Deferred Compensation Agreement into documentary compliance with Section 409A of the Internal Revenue Code. Please read this letter and the attachments carefully and if you agree to the amendments reflected in Annex B, please sign where indicated and return to me as soon as possible, but in no event later than December 31, 2008.

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