0001130464-22-000004 Sample Contracts

BLACK HILLS CORPORATION NON-EMPLOYEE DIRECTOR EQUITY COMPENSATION PLAN UNDER THE BLACK HILLS CORPORATION AMENDED AND RESTATED 2015 omnibus INCENTIVE PLAN Restricted Stock Unit Award Agreement (Non-Employee Director)
Restricted Stock Unit Award Agreement • February 15th, 2022 • Black Hills Corp /Sd/ • Electric services • South Dakota

Black Hills Corporation (the “Company”), pursuant to its Non-Employee Director Equity Compensation Plan (the “Non-Employee Director Equity Plan”) under its Amended and Restated 2015 Omnibus Incentive Plan (the “Omnibus Plan”), hereby grants an award of Restricted Stock Units to you, the Participant named below. The terms and conditions of this Award are set forth in this Restricted Stock Unit Award Agreement (the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages, and in the Omnibus Plan document and the Non-Employee Director Equity Plan document, a copy of both documents which has been made available to you. Any capitalized term that is used but not defined in this Agreement shall have the meaning assigned to it in the Omnibus Plan or Non-Employee Director Equity Plan, as they currently exist or as they may be amended in the future.

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