0001102624-10-000007 Sample Contracts

MAINE & MARITIMES CORPORATION LONG TERM INCENTIVE AWARD AGREEMENT
Long Term Incentive Award Agreement • January 14th, 2010 • Maine & Maritimes Corp • Electric services • Maine

This Long Term Incentive Award Agreement incorporates by reference the 2010 Executive Compensation Plan, and the 2008 Stock Plan (the “Plans”). It sets forth certain specific terms and conditions governing performance awards under the 2010 Executive Compensation Plan. If performance targets are met, the Executive will receive shares of MAM stock pursuant the 2008 Stock Plan.

Sample 1
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MAINE & MARITIMES CORPORATION SHORT TERM INCENTIVE AWARD AGREEMENT
Term Incentive Award Agreement • January 14th, 2010 • Maine & Maritimes Corp • Electric services • Maine

This Short Term Incentive Award Agreement incorporates by reference the 2010 Executive Compensation Plan, and the 2008 Stock Plan (the “Plans”). It sets forth certain specific terms and conditions governing performance awards under the 2010 Executive Compensation Plan. If performance targets are met, the Executive will receive 75% of the award in cash, and 25% of the award in shares of MAM stock pursuant the 2008 Stock Plan.

Sample 1
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