0001362310-08-005443 Sample Contracts

PIKE ELECTRIC CORPORATION Option Award Agreement for [2005 / 2008] Omnibus Incentive Compensation Plan
Incentive Compensation Plan • September 29th, 2008 • Pike Electric CORP • Electrical work • Delaware

THIS OPTION AWARD AGREEMENT (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Employee] (“Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

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PIKE ELECTRIC CORPORATION Restricted Share Award Agreement for [2008 / 2005] Omnibus Incentive Compensation Plan
Incentive Compensation Plan • September 29th, 2008 • Pike Electric CORP • Electrical work • Delaware

THIS RESTRICTED SHARE AWARD AGREEMENT (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Employee] (the “Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • September 29th, 2008 • Pike Electric CORP • Electrical work • Delaware

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) is made as of the 24th day of September, 2008, by and between PIKE ELECTRIC CORPORATION, a Delaware corporation (“Employer”), and JOSEPH ERIC PIKE, an individual domiciled in the State of North Carolina (“Executive”).

PIKE ELECTRIC CORPORATION Cash Incentive Award Agreement for Fiscal 2009 under [2005 / 2008] Omnibus Incentive Compensation Plan
Cash Incentive Award Agreement • September 29th, 2008 • Pike Electric CORP • Electrical work • Delaware

This CASH INCENTIVE AWARD AGREEMENT and all Exhibits hereto (this “Award Agreement”) is entered into as of [Date] by and between Pike Electric Corporation, a Delaware corporation (the “Company”), and [Employee] (the “Recipient”) pursuant to the Pike Electric Corporation [2005 / 2008] Omnibus Incentive Compensation Plan (the “Plan”).

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