0001376986-12-000043 Sample Contracts

DEFERRAL AGREEMENT Preston D. Swafford
Deferral Agreement • November 16th, 2012 • Tennessee Valley Authority • Electric services

TVA's President and Chief Executive Officer has approved your participation in TVA's Long-Term Deferred Compensation Plan (Plan) under the following terms:

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DEFERRAL AGREEMENT John Madison Thomas, III
Deferral Agreement • November 16th, 2012 • Tennessee Valley Authority • Electric services

TVA's President and Chief Executive Officer has approved your participation in TVA's Long-Term Deferred Compensation Plan (Plan) under the following terms:

DEFERRAL AGREEMENT Ralph E. Rodgers
Deferral Agreement • November 16th, 2012 • Tennessee Valley Authority • Electric services

Annual deferred compensation credits as stated above will be made to an account in my name to cover two annual performance periods provided that I remain employed by TVA through the expiration of the agreement on September 30, 2013. The first performance period begins October 1, 2010 and ends on September 30, 2011. The second performance period begins October 1, 2011 and ends on September 30, 2012. The third performance period begins October 1, 2012 and ends on September 30, 2013. The actual amount credited at the end of each performance period, if any, will be based on the achievement of individual performance objectives established at the beginning of each performance period as part of TVA's annual performance review process. Performance will be evaluated and deferred compensation credits will be approved at the end of each performance period by TVA's President and Chief Executive Officer. Upon the expiration of this agreement, the entire amount credited to my account, including inte

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