0001130464-20-000006 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • February 14th, 2020 • Black Hills Corp /Sd/ • Electric services • South Dakota

This Change in Control Agreement (“Agreement”) dated as of November 15, 2019, is entered into by and between Black Hills Corporation (“Company”) and ________________________ (“Employee”).

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Black Hills Corporation 2015 Omnibus Incentive Plan Performance Share Award Agreement (for Awards granted on or after January 1, 2017)
Performance Share Award Agreement • February 14th, 2020 • Black Hills Corp /Sd/ • Electric services
EQUITY DISTRIBUTION SALES AGREEMENT AMENDMENT
Equity Distribution Sales Agreement • February 14th, 2020 • Black Hills Corp /Sd/ • Electric services • New York

This Equity Distribution Sales Agreement Amendment (the "Amendment") is entered into as of October 3, 2019, among Black Hills Corporation, a South Dakota corporation (the "Company") and MUF'G Securities Americas Inc., BofA Securities, Inc. (formerly known as Merrill Lynch, Pierce, Fenner & Smith Incorporated) and Morgan Stanley & Co. LLC, as sales agent and/or principal (each, an "Agent"). Capitalized terms used herein and not defined herein shall have the meanings assigned to them in the Amended and Restated Equity Distribution Sales

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