New Jersey Resources Corporation Sample Contracts

NEW JERSEY RESOURCES CORPORATION Deferred Stock Retention Award Agreement
New Jersey Resources Corporation • December 23rd, 2014 • 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 _________, 20__ (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-Based Restricted Stock Agreement
New Jersey Resources Corporation • December 23rd, 2014 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance-Based Restricted Stock Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance-Based Restricted Stock” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goals and Vesting of Performance-Based Restricted Stock”, confirms the grant on __________. 20__ (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to (“Employee”), under Sections 6(d), 6(i) and 7 of the 2007 Stock Award and Incentive Plan (the “Plan”), of Performance-Based Restricted Stock (the “Performance-Based Restricted Stock”), including rights to dividends paid on the Performance-Based Restricted Stock as specified herein, as follows:

Performance Shares Agreement (NFE)
New Jersey Resources Corporation • December 24th, 2013 • 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:

NEW JERSEY RESOURCES CORPORATION Deferred Stock Retention Award Agreement
New Jersey Resources Corporation • February 6th, 2019 • 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 November , 2018 (the “Grant Date”), by New Jersey Resources Corporation, a New Jersey corporation ("NJR"), to ("Employee"), under Section 6(e) of the 2017 Stock Award and Incentive Plan (the "Plan"), of Deferred Stock, including the rights to Dividend Equivalents thereon as specified herein, as follows:

NEW JERSEY RESOURCES CORPORATION Director Restricted Stock Units Agreement
New Jersey Resources Corporation • January 23rd, 2020 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Director Restricted Stock Units Agreement (the "Agreement"), which includes the attached “Terms and Conditions of Director Restricted Stock Units” (the “Terms and Conditions”), confirms the grant on January 22, 2020 (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the "Company"), to __________________ ("Director"), under Section 6(e) of the 2017 Stock Award and Incentive Plan (the "Plan"), of Restricted Stock Units, including rights to Dividend Equivalents as specified herein, as follows:

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