0001193125-08-172020 Sample Contracts

PHANTOM STOCK AWARD AGREEMENT
Phantom Stock Award Agreement • August 8th, 2008 • Spectra Energy Corp. • Natural gas transmisison & distribution • Delaware

This Phantom Stock Award Agreement (the “Agreement”) has been made as of , (the “Date of Grant”) between Spectra Energy Corp, a Delaware corporation, with its principal offices in Houston, Texas (the “Corporation”), and (the “Grantee”).

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PERFORMANCE AWARD AGREEMENT
Performance Award Agreement • August 8th, 2008 • Spectra Energy Corp. • Natural gas transmisison & distribution • Delaware

This Performance Award Agreement (the “Agreement”) has been made as of , (the “Date of Grant”) between Spectra Energy Corp, a Delaware Company, with its principal offices in Houston, Texas (the “Company”), and (the “Grantee”).

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