0001193125-11-353558 Sample Contracts

NEW JERSEY RESOURCES CORPORATION Deferred Stock Retention Award Agreement
Jersey Resources • December 28th, 2011 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Deferred Stock Retention Award Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Deferred Stock,” confirms the grant on (the “Grant Date”) by New Jersey Resources Corporation, a New Jersey corporation (“NJR”), to (“Employee”), under Section 6(e) of the 2007 Stock Award and Incentive Plan (the “Plan”), of Deferred Stock as follows:

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NEW JERSEY RESOURCES CORPORATION Performance Shares Agreement (NFE)
Performance Shares Agreement • December 28th, 2011 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance Shares Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance Shares” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goal and Earning of Performance Shares”, confirms the grant on (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to (“Employee”), under Sections 6(e), 6(i) and 7 of the 2007 Stock Award and Incentive Plan (the “Plan”), of Performance Shares (the “Performance Shares”), including rights to Dividend Equivalents as specified herein, as follows:

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