0001130464-04-000164 Sample Contracts

STOCK PURCHASE AGREEMENT between XCEL ENERGY INC., as “Seller,” and BLACK HILLS CORPORATION, as “Buyer” January 13, 2004
Stock Purchase Agreement • May 10th, 2004 • Black Hills Corp /Sd/ • Electric services • Minnesota

This STOCK PURCHASE AGREEMENT (this “Agreement”), made as of January 13, 2004, is between XCEL ENERGY INC., a Minnesota corporation (“Seller”), and BLACK HILLS CORPORATION, a South Dakota corporation (“Buyer”). Buyer and Seller are referred to individually as a “Party” and collectively as the “Parties.”

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SEVERANCE AGREEMENT AND RELEASE
Severance Agreement and Release • May 10th, 2004 • Black Hills Corp /Sd/ • Electric services • Colorado

This Severance Agreement and Release (“Agreement”), dated February 26, 2004, is made between John W. Salyer (“Employee”) and Black Hills Corporation (the “Company”). Employee and the Company are referred to collectively as the “Parties” and individually as a “Party.”

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