0001104659-11-063977 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2011 • Dynegy Inc. • Electric services • Texas

EMPLOYMENT AGREEMENT (this “Agreement”), dated as of September 16, 2011, by and between DYNEGY INC., a Delaware corporation (the “Company”), and CATHERINE B. CALLAWAY (the “Executive”).

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NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Non-Qualified Stock Option Award Agreement • November 14th, 2011 • Dynegy Inc. • Electric services

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”) is made as of the 30th day of August, 2011, between DYNEGY INC., a Delaware corporation (“Dynegy”), and all of its Affiliates (collectively, the “Company”), and CAROLYN J. BURKE (“Employee”). A copy of the Dynegy Inc. 2010 Long Term Incentive Plan (the “Plan”) is annexed to this Agreement and shall be deemed a part of this Agreement as if fully set forth herein. Unless the context otherwise requires, all terms that are not defined herein but which are defined in the Plan shall have the same meaning given to them in the Plan when used herein.

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