Document:

9

THIRTEENTH AMENDMENT TO

CONNECTICUT NATURAL GAS CORPORATION

EMPLOYEE SAVINGS PLAN

(As Amended and Restated Effective as of January 1, 1989)

The Connecticut Natural Gas Corporation Employee Savings Plan (As Amended and
Restated Effective as of January 1, 1989), as heretofore amended (the "Plan"),
is hereby amended as follows effective immediately prior to the effective time
of the consummation of the merger of CTG Resources, Inc. with and into Oak
Merger Co. pursuant to the Agreement and Plan of Merger, dated as of June
29,1999, by and among CTG Resources, Inc., Energy East Corporation and Oak
Merger Co.:

1.By deleting the last sentence of Section 9.03 of the Plan and inserting
in lieu thereof the following:

"Notwithstanding the foregoing, effective as of the date of a Change of
Control, as defined in Section 2.05A, each Participant who both is employed by
CNG or any of its parent, subsidiaries or other affiliates (e.g., The Energy
Network, Inc.) and is a Participant immediately prior to the effective time of
the consummation of the merger of CTG Resources, Inc. with and into Oak Merger
Co. pursuant to the Agreement and Plan of Merger, dated as of June 29, 1999, by
and among CTG Resources, Inc., Energy East Corporation and Oak Merger Co., shall
have a fully vested interest in his Company Matching Account without regard to
the number of years of Continuous Service completed."

2.Except as hereinabove modified and amended, the amended and restated
Plan (as amended) shall remain in full force and effect.

IN WITNESS WHEREOF, the Connecticut Natural Gas Corporation executes this
Thirteenth Amendment this 14th day of December, 1999.

ATTEST:CONNECTICUT NATURAL GAS CORPORATION

By Jean S.
McCarthy            
             &n
bsp;            &nbs
p;   

Its Vice President - Human
Resources            
;9

THIRTEENTH AMENDMENT TO

CONNECTICUT NATURAL GAS CORPORATION

UNION EMPLOYEE SAVINGS PLAN

(As Amended and Restated Effective as of January 1, 1989)

The Connecticut Natural Gas Corporation Union Employee Savings Plan (As
Amended and Restated Effective as of January 1, 1989), as heretofore amended
(the "Plan"), is hereby amended as follows effective immediately prior to the
effective time of the consummation of the merger of CTG Resources, Inc. with and
into Oak Merger Co. pursuant to the Agreement and Plan of Merger, dated as of
June 29,1999, by and among CTG Resources, Inc., Energy East Corporation and Oak
Merger Co.:

1.By deleting the last sentence of Section 9.03 of the Plan and inserting
in lieu thereof the following:

"Notwithstanding the foregoing, effective as of the date of a Change of
Control, as defined in Section 2.05A, each Participant who both is employed by
CNG or any of its parent, subsidiaries or other affiliates (e.g., The Energy
Network, Inc.) and is a Participant immediately prior to the effective time of
the consummation of the merger of CTG Resources, Inc. with and into Oak Merger
Co. pursuant to the Agreement and Plan of Merger, dated as of June 29, 1999, by
and among CTG Resources, Inc., Energy East Corporation and Oak Merger Co., shall
have a fully vested interest in his Company Matching Account without regard to
the number of years of Continuous Service completed."

2.By deleting clause (b) of the first sentence o Section 10.05 of the
Plan and inserting in lieu thereof the following:

"(b) each Participant as of the later of such dates who has at least three
(3) Years of Service and whose vested percentage is or may be reduced by such
amendment may elect to have his vested percentage determined under the prior
vesting schedule."

2.Except as hereinabove modified and amended, the amended and restated
Plan (as amended) shall remain in full force and effect.

IN WITNESS WHEREOF, the Connecticut Natural Gas Corporation executes this
Thirteenth Amendment this 14th day of December, 1999.

ATTEST:CONNECTICUT NATURAL GAS CORPORATION

By Jean S.
McCarthy            
             &n
bsp;            &nbs
p;   

Its Vice President - Human
Resources            
;THIRD FOURTH AMENDMENT TO

CNG NONEMPLOYEE DIRECTORS' FEE PLAN

 

The CNG Nonemployee Directors' Fee Plan, as amended and
restated effective October 1, 1996, and as subsequently amended by the First,
Second and Third Amendments thereto (the "Plan"), is hereby further amended as
follows effective as of November 30, 1999:

1.By deleting the last sentence of subparagraph (a) of
paragraph 4 of the Plan and inserting in lieu thereof the following:
"By written notice to the Secretary of the Company, a
Director may change from time to time his or her election(s) as to the terms and
conditions of payment of deferred fees to extend the time for receiving payment
and/or change the form of payment, except that (i) no election change shall be
effective under the Plan unless it is filed with the Secretary at least one year
prior to the date payment would have been made to the Director hereunder if the
Director had not made such election change, and (ii) a Director may change the
time for receiving payment only once.  Unless the Company, in its sole
discretion, decides to commence payment in a different manner, a Directors'
deferred fees shall be paid in accordance with the Director's last written
election(s) as to the terms and conditions of payment, or changes therein, that
are in effect under the Plan."

2.By adding a new subparagraph (d) after subparagraph (c)
of paragraph 4 of the Plan as follows:
"(d)Notwithstanding anything to the contrary herein, the
distribution of all or any portion of a Director's deferred fees will be delayed
for a period not to exceed seven months or may be subject to prior approval by
the Compensation Committee (the "Committee") of the Board of Directors of CTG
Resources, Inc. or any successor thereto ("CTG") or by the Board of Directors of
CTG to the extent that the Company determines that such delay or approval is
necessary or desirable to ensure that any transaction under the Plan will
qualify for an exemption from the liability provisions imposed on the Director
under Section 16(b) of the Securities Exchange Act of 1934, as amended, or any
rules and regulations issued thereunder.  In the event of any such delay, the
undistributed deferred fees shall continue to be subject to investment
adjustment as provided in paragraph 3 until distribution is made."

3.Except as hereinabove modified and amended, the Plan,
as amended, shall remain in full force and effect.

IN WITNESS WHEREOF, Connecticut Natural Gas Corporation
hereby executes this Fourth Amendment this 14th day of December, 1999.

 
Witness:CONNECTICUT NATURAL GAS
CORPORATION

 

Jean S.
McCarthy            
             &n
bsp;            &nbs
p;PERFORMANCE SHARE AGREEMENT

(Under The Connecticut Natural Gas Corporation

Executive Restricted Stock Plan)

 

This agreement, dated as of the 14th day of May, 1999, is
made and entered into by and between Connecticut Natural Gas Corporation, a
Connecticut corporation whose principal executive offices are located in
Hartford, Connecticut (the "Corporation") and _________________ (the
"Participant").

 

W i t n e s s e t h:

 

Whereas, the Corporation maintains a restricted stock plan
known as the Connecticut Natural Gas Corporation Executive Restricted Stock Plan
(the "Plan"); and

Whereas, the Participant is a key executive of the
Corporation or a Subsidiary and has been granted an Award of Restricted Shares
under the Plan; and

Whereas, the terms and conditions of such Award are set forth
in this Agreement; and

Whereas, any capitalized terms not otherwise defined in this
Agreement shall have the meanings that have been ascribed to them in the
Plan;

Now, therefore, in consideration of the premises and of the
mutual covenants and agreements herein contained, the parties hereto hereby
agree as follows:

1.Grant of Restricted Stock Award.  Subject to the
terms and conditions set forth in this Agreement and the Plan, the Corporation
grants to the Participant, effective as of _________, ____ (the "Effective
Date") _________________________ (_____) shares of the common stock of CTG
Resources, Inc. ("Restricted Shares").  The number of Restricted Shares granted
to Participant shall be subject to adjustment, increasing or decreasing the
number of Restricted Shares to which the Participant shall have rights under the
Award, in accordance with the terms and conditions of this Agreement.  The grant
of the Restricted Shares hereunder is sometimes referred to herein as the
"Award."  The Restricted Shares shall be subject to provisions relating to the
adjustment of the number of shares set forth in Section 3 of this Agreement (the
"Adjustment Provisions"), the provisions relating to restrictions on
transferability and forfeiture set forth in Section 4 (the "Risks of Forfeiture
Provisions"), and the provisions relating to vesting and distribution of
Restricted Shares and cash in lieu of Restricted Shares and Distribution
Accumulations set forth in Section 5 (the "Vesting Provisions").

2.Rights With Respect to Restricted Shares.  The
Participant shall have no rights under an Award unless he accepts the Award by
executing and delivering to the Corporation at its office in Hartford,
Connecticut, within fifteen (15) days of the date on which this Agreement is
furnished to the Participant, a copy of this Agreement and stock powers with
respect to the Restricted Shares initially granted.  Promptly after the
execution and delivery of the Agreement and the related stock powers, the
initial Restricted Shares shall be issued in the Participant's name and held for
the Participant by the Secretary of the Corporation as Custodian (the
"Custodian") until such time as the Adjustment Provisions shall effect a
reduction of the number of Restricted Shares to be credited to the account of
the Participant hereunder or the Risks of Forfeiture Provisions with respect to
those Restricted Shares shall have lapsed or shall have effected a forfeiture of
such shares under the terms of this Agreement.  Subject to the Participant
delivering duly executed stock powers to the Custodian, additional Restricted
Shares, to the extent accruing hereunder, shall be issued in the Participant's
name and shall be held for the Participant by the Custodian until the Risks of
Forfeiture with respect to those Restricted Shares shall have lapsed in
accordance with this Agreement.  Effective on the date of delivery to the
Custodian of the Restricted Shares and any additional Restricted Shares issued
in the Participant's name, as the case may be, the Participant will be the
holder of record of such Restricted Shares and will have, subject to the terms
and conditions of this Agreement, all rights of a shareholder with respect to
such Restricted Shares, including the right to vote such Restricted Shares,
except that distributions of any kind paid with respect to such Restricted
Shares shall be accumulated and held by the Custodian subject to the same terms
and conditions of this Agreement as pertain to the Restricted Shares with
respect to which the distributions were made, provided, however, that the
Adjustment Provisions set forth in Section 3 shall not apply to distributions
payable in any form other than shares or rights to shares of the capital stock
of CTG Resources, Inc., or its successor or successors (the "Company").

Cash distributions paid with respect to Restricted Shares
shall be invested by the Custodian, promptly after the receipt thereof, in
additional shares of common stock of the Company. Distributions and earnings
from the reinvestment of cash distributions (the "Distribution Accumulations")
shall be credited to a separate account in the Participant's name on the books
of the Plan, the Distribution Accumulations so credited being subject to the
same terms and conditions of this Agreement as pertain to the Restricted Shares
(other than the Adjustment Provisions which shall not apply to distributions
other than shares or rights to shares of the Company's capital stock).  For
purposes of this Agreement, the Restricted Shares, cash paid in lieu of
Restricted Shares pursuant to Section 5, and Distribution Accumulations shall
sometimes be referred to hereinafter as the "Restricted Property."

3.Adjustment in Number of Restricted Shares Under
Award.

(a)The number of Restricted Shares granted under the
Award and any shares of the Company's capital stock received as a distribution
with respect to the Restricted Shares (the "Distribution Shares") shall be
adjusted based upon the performance of the Company or an affiliate thereof
during a three-year measuring period (the "Measuring Period") to the extent
hereinafter provided.  The Measuring Period shall consist of the thirty-six
month period ending on the last trading day of the month immediately preceding
the third anniversary date of the Effective Date.  For purposes of the
foregoing, the last trading day of any particular month shall be the last day of
such month on which the New York Stock Exchange is open to effect transactions
in shares of the common stock of the Company.

(b)The Restricted Shares and Distribution Shares shall be
subject to adjustment with respect to the Measuring Period. The adjustments, if
any, shall be based on the performance of the Company or affiliate thereof, as
provided and measured in the manner set forth in Schedule A, in the Measuring
Period. 

(c)The total number of Restricted Shares granted under
the Award and the Distribution Shares with respect to those Restricted Shares
shall be adjusted as of the end of the Measuring Period in the manner and to the
extent provided in Schedule A. 

4.Risks of Forfeiture Provisions.  The Restricted
Property shall be subject to the restrictions on transferability and risks of
forfeiture set forth in paragraphs (a) and (b) below (the "Risks of Forfeiture")
until such Risks of Forfeiture lapse in accordance with the terms of this
Agreement.  Upon a lapse of the Risks of Forfeiture, the Restricted Property to
which the Risks of Forfeiture applied shall vest and become distributable to the
Participant.

(a)The Restricted Property may not be encumbered, sold,
assigned, transferred, pledged or otherwise disposed of at any time during the
period that Risks of Forfeiture apply, in accordance with Sections 4 and 5, to
such Restricted Property (the "Restriction Period").  If any of the Restricted
Property is so encumbered, sold, assigned, transferred, pledged or otherwise
disposed of during the Restriction Period, all then Restricted Property held for
the account of Participant shall automatically be forfeited to the
Corporation.

(b)Except as otherwise provided under the Agreement, if
the Participant ceases to serve as an employee of the Corporation or a
Subsidiary, as the case may be, and all Affiliates (as defined below) thereof,
either voluntarily or otherwise, prior to an applicable vesting date with
respect to Restricted Property (i.e. prior to the date on which Risks of
Forfeiture with respect to the Restricted Property shall have lapsed in
accordance with Section 5 of this Agreement), then all Restricted Property shall
automatically be forfeited to the Corporation.

For purposes of this Agreement, "Affiliate" shall mean the
Company, any entity in which the Corporation or the Company directly or
indirectly owns 50% or more of the voting securities, or any other entity that
is included in a controlled group of corporations in which the Corporation is
included as provided in Section 414(b) of the Internal Revenue Code or is a
trade or business under common control with the Corporation as provided in
Section 414(c) of the Internal Revenue Code.

5.Vesting Provisions.

(a)Unless the Risks of Forfeiture shall sooner lapse as
provided in this Agreement or as the Committee may determine in its discretion,
the Risks of Forfeiture will lapse and the Participant's rights will vest with
respect to the Restricted Shares, as adjusted as of the end of the Measuring
Period under the Adjustment Provisions, and any Distribution Accumulations with
respect to those Restricted Shares, on the first day following the end of the
Measuring Period.  As soon as practicable after the Restricted Shares and
Distribution Accumulations vest, the Custodian shall deliver to the Participant,
free of restrictions hereunder, cash and a certificate or certificates for
shares of common stock of the Company equal in value to the vested Restricted
Shares and Distribution Accumulations.  The cash portion of the distribution
shall be that amount, and no more, equal to the applicable tax withholding
obligations arising in connection with the vesting of such Restricted Shares and
Distribution Accumulations.  The cash portion of the distribution shall be
calculated on the basis of the closing price of the shares on the New York Stock
Exchange for the vesting date, or, if the shares shall not have traded on the
vesting date, the closing price on the next preceding day on which the shares
shall have so traded. The balance shall be distributed in shares of common stock
of the Company provided, however, that the Corporation shall not distribute any
fractional shares. The Corporation and its Subsidiaries shall, to the extent
required or permitted by law, deduct the amount of any withholding tax
obligation from any payment of any kind otherwise due to the Participant.

(b)If the Participant ceases to be employed by the
Corporation or any Subsidiary, as the case may be, and all Affiliates thereof by
reason of his or her retirement on or after attaining age 60, his or her early
retirement with the consent of the Committee, his or her death, or his or her
disability and such termination occurs prior to any applicable vesting date, or
upon the occurrence of any other event as the Committee may determine from time
to time, the Participant's right to Restricted Property that shall not have
vested as of such event, will immediately vest and become distributable in
accordance with the terms of this Section 5 without further adjustment
attributable to the Adjustment Provisions.  For purposes of this Agreement,
"disability" shall mean disability because of illness or injury of such severity
that the Participant is unable to perform the usual duties of his or her
employment with the Corporation, Subsidiary or Affiliate, as the case may be, as
conclusively determined by the Board.

(c)Upon the occurrence of a Change of Control, as defined
below, all Risks of Forfeiture will lapse and all Restricted Property shall vest
and become distributable in accordance with the terms of Section 5 hereof,
without further adjustment attributable to the Adjustment Provisions, except
that if the vesting of the right to Restricted Property on the occurrence of a
Change of Control is treated as a payment which either alone or together with
other payments or distributions made to the Participant under any agreement,
policy, plan, program or arrangement by the Corporation, an Affiliate, any
Person, as defined below, whose actions result in a Change of Control or any
affiliate of such Person, is deemed to be a "parachute payment" within the
meaning of Section 280G of the Code and the Participant does not then have in
effect an Employment Agreement with the Company that entitles the Participant to
a Gross-up Payment (as defined therein), the right of the Participant to the
Restricted Property shall be forfeited to the extent, and only to the extent,
that the value of the right to receive the Restricted Property when added to
such other payments received or to be received gives rise to a parachute
payment; provided, however, that the foregoing forfeiture shall be made only if
and to the extent that such forfeiture would result in an increase in the
aggregate payments and benefits to be received by the Participant, determined on
an after-tax basis (taking into account the excise tax imposed pursuant to
Section 4999 of the Internal Revenue Code, or any successor provision thereto,
any tax imposed by any comparable provisions of state law, and any applicable
federal, state and local income taxes).  For purposes of this Agreement, a
"Change of Control" shall mean:   (i)  the acquisition by any individual, entity
or group (within the meaning of Section 13(d) (3) or 14(d) (2) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"))  (a "Person") of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of 20% or more of either (1) the then outstanding shares of common
stock of the Company (the "Outstanding Common Stock") or (2) the combined voting
power of the then outstanding voting securities of the Company entitled to vote
generally in the election of directors (the "Outstanding Voting Securities");
provided, however, that for purposes of this subsection (i), the following
acquisitions shall not constitute a Change of Control: (1) any acquisition
directly from the Company, (2) any acquisition by the Company, (3) any
acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any corporation controlled by the Company or (4)
any acquisition by any corporation pursuant to a transaction which complies with
clauses (1), (2) and (3) of subsection (iii) of this Section 5(c); or (ii)
Individuals who, as of the Effective Date, constitute the Board of Directors of
the Company (the "Incumbent Board") cease for any reason to constitute at least
a majority of the Board of Directors of the Company; provided, however, that any
individual becoming a director subsequent to the Effective Date whose election,
or nomination for election by the Company's shareholders, was approved by a vote
of at least a majority of the directors then comprising the Incumbent Board
shall be considered as though such individual were a member of the Incumbent
Board, but excluding, for this purpose, any such individual whose initial
assumption of office occurs as a result of an actual or threatened election
contest with respect to the election or removal of directors or other actual or
threatened solicitation of proxies or consents by or on behalf of a Person other
than the Board of Directors of the Company; or (iii)  Consummation of a
reorganization, merger or consolidation or sale or other disposition of all or
substantially all of the assets of the Company (a "Business Combination"), in
each case, unless, immediately following such Business Combination, (1) all or
substantially all of the individuals and entities who were the beneficial
owners, respectively, of the Outstanding Common Stock and Outstanding Voting
Securities immediately prior to such Business Combination beneficially own,
directly or indirectly, more than 50% of, respectively, the then outstanding
shares of common stock and the combined voting power of the then outstanding
voting securities entitled to vote generally in the election of directors, as
the case may be, of the corporation resulting from such Business Combination
(including, without limitation, a corporation which as a result of such
transaction owns the Company or all or substantially all of the Company's assets
either directly or through one or more subsidiaries) in substantially the same
proportions as their ownership, immediately prior to such Business Combination
of the Outstanding Common Stock and Outstanding Voting Securities, as the case
may be, (2) no Person (excluding any corporation resulting from such Business
Combination or any employee benefit plan (or related trust) of the Company or
any related corporation or such corporation resulting from such Business
Combination) beneficially owns, directly or indirectly, 20% or more of,
respectively, the then outstanding shares of common stock of the corporation
resulting from such Business Combination or the combined voting power of the
then outstanding voting securities of such corporation except to the extent that
such ownership existed prior to the Business Combination, and (3) at least a
majority of the members of the board of directors of the corporation resulting
from such Business Combination were members of the Incumbent Board at the time
of the execution of the initial agreement, or of the action of the Board of
Directors of the Company, providing for such Business Combination; or (iv)
Approval by the shareholders of the Company of a complete liquidation or
dissolution of the Company.

6.Forfeiture of Restricted Property.  If the
Participant at any time forfeits Restricted Property pursuant to this Agreement,
such action shall be taken as appropriate to effect the transfer of Restricted
Property to the Corporation, including transfers of the Restricted Shares on the
books and records of the Company.  All of the Participant's rights to and
interest in the Restricted Property so forfeited shall terminate upon such
forfeiture without payment of consideration.

7.Stock Powers.  As provided in Section 2 of this
Agreement, the Participant shall sign and deliver to the Corporation the stock
powers with respect to the Restricted Shares.  If any Restricted Shares are
forfeited pursuant to this Agreement, the Corporation shall direct the Transfer
Agent and Registrar of the Company's common stock to make any appropriate
entries upon their records showing cancellation of any certificate or
certificates representing such Restricted Shares and the transfer of such shares
to the Corporation.  Stock powers shall give to the Custodian the authority to
take any action necessary to effect the transfer of shares of the Company.

8.Appointment of Agent.  Participant hereby
irrevocably nominates, constitutes and appoints the Custodian as his or her
Agent and attorney-in-fact for purposes of surrendering or transferring the
Restricted Property upon any forfeiture required or authorized by this
Agreement. Such power vested in the Custodian is intended as a power coupled
with an interest and shall survive the Participant's death and also is intended
as a durable power and shall survive the Participant's disability.

9.No Rights to Continued Service.  No provision of
this Agreement shall:

(a)confer or be deemed to confer upon the Participant or
shall in any way affect the right of the Corporation or any Subsidiary to remove
the Participant as an employee at any time for any reason with or without cause;
or

(b)be construed to impose upon the Corporation or any
Subsidiary any liability for any forfeiture of Restricted Property.

10.No Liability for Business Acts or Omissions.
The Participant recognizes and agrees that the Board, the Committee, and the
directors, officers, agents or employees of the Corporation and of the Company,
in carrying out the business and affairs of the Corporation or the Company, as
the case may be, may cause the Corporation or the Company to act in a manner
that may, directly or indirectly, prevent the Restricted Property from vesting
under this Agreement.  No provision of this Agreement shall be interpreted or
construed to impose any liability upon the Corporation, the Company, the Board,
the Committee, or any director, officer, agent or employee of the Corporation or
of the Company, for any forfeiture of Restricted Property that may result,
directly or indirectly, from any such action.

11.Changes in Capitalization.  This Agreement and
the issuance and transfer of the Restricted Property hereunder shall not affect
in any way the right or power of the Company or its shareholders to make or
authorize any adjustments, recapitalizations, reorganizations or other changes
in the Company's capital structure or its business, or any merger or
consolidation of the Company, or any issuance of bonds, debentures, preferred or
prior preference stocks ahead of or affecting the common stock of the Company or
the rights therefor, or the dissolution or liquidation of the Company, or any
sale or transfer of all or any part of its assets or business, or any other
corporate act or proceeding, whether of a similar character or otherwise.

12.Adjustments.  In the event of a merger,
consolidation, reorganization, recapitalization, stock split, stock dividend,
divisive reorganization, issuance of rights, combination or exchange of shares
or other change in capitalization affecting the Company's shares of common
stock, an appropriate adjustment will be made with respect to the Restricted
Property consisting of shares or rights to shares of the Company's capital
stock.  Any new or additional or different shares or securities issued as the
result of such an adjustment will be delivered to and held by the Custodian, and
will be deemed to be Restricted Property subject to the terms and conditions of
this Agreement as of the date of such adjustment.

13.Restrictions on Transfer of Shares.  Neither
the Company nor the Corporation is required to cause the Restricted Property
constituting securities under the Securities Act of 1933 (the "Act") or the
securities laws of any state to be registered under the Act or those laws.  Said
securities, therefore, upon issuance, will be "restricted securities" as defined
in Rule 144 under the Act or other applicable rule or regulation of the
Securities and Exchange Commission.  Accordingly, unless and until the
Restricted Property constituting securities are so registered, any certificate
evidencing any of said securities shall bear a legend substantially in the
following form:

THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SECURITIES HAVE BEEN ACQUIRED
FOR INVESTMENT, AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE
ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SHARES UNDER THE
SECURITIES ACT OF 1933 OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT.

In addition, the Participant hereby asserts, as a
precondition to the issuance of Restricted Shares, that said Restricted Shares
are being acquired for his or her own account and without any view to the
distribution thereof.

14.Issuance of Shares.  Any obligation to issue
Restricted Shares shall be conditioned on the Company's ability at nominal
expense to issue such Restricted Shares in compliance with all applicable
statutes, rules or regulations of any governmental authority.  The Participant
shall provide the Corporation with any assurances or agreements which the
Committee, in its sole discretion, shall deem necessary or advisable to insure
that the issuance of the Restricted Shares complies with such statutes, rules
and regulations.

15.Complete Agreement.  This Agreement constitutes
the entire agreement of the parties relating to the subject matter hereof, and
supersedes any prior agreements or understandings with respect thereto.

16.Agreement Binding.  The Corporation will
require any successor (whether direct or indirect, by purchase, merger,
consolidation, reorganization, operation of law or otherwise) to all or
substantially all of the business or assets of the Corporation, by agreement in
form and substance satisfactory to the Participant, expressly to assume and
agree to perform this Agreement in the same manner and to the same extent the
Corporation would be required to perform if no such succession had taken place.
This Agreement will be binding upon and inure to the benefit of the Corporation
and any successor to the Corporation, including without limitation any persons
acquiring directly or indirectly all or substantially all of the business or
assets of the Corporation whether by purchase, merger, consolidation,
reorganization, operation of law or otherwise (and such successor shall
thereafter be deemed the "Corporation" for the purposes of this Agreement), but
will not otherwise be assignable, transferable or delegable by the Corporation,
and the Participant, his or her heirs, devisees and legal representatives.

17.Business Day.  If any event provided for in
this Agreement is scheduled to take place on a day on which the Corporation's
corporate offices are not open for business, such event shall take place on the
next succeeding day on which the Corporation's corporate offices are open for
business.

18.Captions. The captions to sections and
paragraphs used herein are intended solely for convenience, and no provision of
this Agreement is to be construed by reference to any such caption.

19.Notices.  Every notice or other communication
relating to this Agreement shall be in writing, and shall be mailed or delivered
to the party for whom it is intended at such address as may from time to time be
designated by such party in a notice mailed or delivered to the other party as
herein provided; provided that, unless and until some other address be so
designated, all notices or communications to the Corporation shall be mailed to
or delivered to the Secretary of the Corporation at 100 Columbus Boulevard,
Hartford, Connecticut 06103, and all notices by the Corporation to the
Participant shall be given to the Participant personally or mailed to him or her
at the last address designated for the Participant in the employment records of
the Corporation.

20.Administration and Interpretation.  The
administration of the Award shall be subject to such rules and regulations as
the Committee deems necessary or advisable for the administration of the Plan.
The interpretation or construction of any provision of the Plan or this
Agreement by the Committee shall be final and conclusive upon all concerned,
unless otherwise determined by the Committee.  The Award shall at all times be
interpreted and applied in a manner consistent with the provisions of the Plan,
and in the event of any inconsistency between the terms of the Award and the
terms of the Plan, the terms of the Plan shall control, which terms are
incorporated herein by reference.

In Witness Whereof, Connecticut Natural Gas Corporation has
caused this Agreement to be executed in its corporate name, and the Participant
has hereunto set his or her hand and seal effective as of the day and year first
above written.

 

CONNECTICUT NATURAL GAS CORPORATION,

A Connecticut Corporation 

 

By 

 

PARTICIPANT

 

 

Schedule A

PERFORMANCE MEASURE AND ADJUSTMENTS

(CTG Resources, Inc.)

(a)Performance Measure.  The performance measure
applicable to the Participant during the Measuring Period shall be the level of
earnings per share of common stock of the Company during the last twelve-month
period of the Measuring Period.  The Committee shall take into consideration
adjustments in the capital structure (of the types referred to in Section 12 of
the Agreement) of the Company and such other factors as it, in its sole
discretion, shall deem appropriate to measure the performance of the Company or
the level of earnings per share of Company common stock for purposes of Section
(b) below.

(b)Adjustments.  The total number of Restricted
Shares granted under the Award and the Distribution Shares with respect to those
Restricted Shares shall be adjusted as of the end of the Measuring Period as
follows:

With respect to the Measuring Period, the number of
Restricted Shares and Distribution Shares subject to adjustment shall be
adjusted as follows based on whether the earnings per share of common stock of
the Company during the last twelve-month period of the Measuring Period are less
than, equal to or in excess of the target of $2.16 per share: 

	
 

Amount of 

Company Earnings Per Share*
	

Percent of Restricted Shares and 

Distribution Shares To Be Retained 

(Subject to Vesting Provisions) 

Following Adjustment*

	

Less
than      $2.04      
;   
	

0%

	

$2.04         
	

50%

	

$2.10         
	

75%

	

$2.16         
	

100%

	

$2.22         
	

125%

	

$2.28 or more
	

150%

 

Schedule A

PERFORMANCE MEASURE AND ADJUSTMENTS

(a)Performance Measure.  The performance measure
applicable to the Participant during the Measuring Period shall be the level of
earnings per share of common stock of the Corporation during the last twelve-
month period of the Measuring Period.  The Committee shall take into
consideration adjustments in the capital structure (of the types referred to in
Section 12 of the Agreement) of the Corporation and such other factors as it, in
its sole discretion, shall deem appropriate to measure the performance of the
Corporation or the level of earnings per share of Corporation common stock for
purposes of Section (b) below.

(b)Adjustments.  The total number of Restricted
Shares granted under the Award and the Distribution Shares with respect to those
Restricted Shares shall be adjusted as of the end of the Measuring Period as
follows:

With respect to the Measuring Period, the number of
Restricted Shares and Distribution Shares subject to adjustment shall be
adjusted as follows based on whether the earnings per share of common stock of
the Corporation during the last twelve-month period of the Measuring Period are
less than, equal to or exceed the target of $1.72 per share: 

	
 

Amount of Corporation

 Earnings Per Share*
	

Percent of Restricted Shares and Distribution Shares To Be
Retained (Subject to Vesting Provisions) Following Adjustment*

	

Less than        $1.67
	

0%

	

$1.67
	

50%

	

$1.69
	

75%

	

$1.72
	

100%

	

$1.75
	

125%

	

$1.78 or more
	

150%

 

Schedule A

PERFORMANCE MEASURE AND ADJUSTMENTS

(a)Performance Measure.  The performance measure
applicable to the Participant during the Measuring Period shall be the level of
earnings per share of common stock of The Energy Network, Inc., or its successor
or successors ("TEN"), during the last twelve-month period of the Measuring
Period.  The Committee shall take into consideration adjustments in the capital
structure (of the types referred to in Section 12 of the Agreement) of TEN and
such other factors as it, in its sole discretion, shall deem appropriate to
measure the performance of TEN or the level of earnings per share of TEN common
stock for purposes of Section (b) below.

(b)Adjustments.  The total number of Restricted
Shares granted under the Award and the Distribution Shares with respect to those
Restricted Shares shall be adjusted as of the end of the Measuring Period as
follows:

With respect to the Measuring Period, the number of
Restricted Shares and Distribution Shares subject to adjustment shall be
adjusted as follows based on whether the earnings per share of common stock of
TEN during the last twelve-month period of the Measuring Period are less than,
equal to or exceed the target of $.44 per share: 

	
 

Amount of 

TEN Earnings Per Share*
	

Percent of Restricted Shares and Distribution Shares To Be
Retained (Subject to Vesting Provisions) Following Adjustment*

	

Less than        $.37
	

0%

	

$.37
	

50%

	

$.41
	

75%

	

$.44
	

100%

	

$.47
	

125%

	

$.50 or more
	

150%

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