Document:

Montana-Dakota Executive Incentive Compensation Plan

    MONTANA-DAKOTA
      UTILITIES CO.

    

    EXECUTIVE
      INCENTIVE COMPENSATION PLAN

    ____________________________________________________________

    

    
      	
              I.

            	
              PURPOSE

            

    

    

    The
      purpose of the Executive Incentive Compensation Plan (the "Plan") is to provide
      an incentive for key executives of Montana-Dakota Utilities Co. to focus their
      efforts on the achievement of challenging and demanding corporate objectives.
      The Plan is designed to reward successful corporate performance as measured
      against specified performance goals as well as exceptional individual
      performance. When utility performance reaches or exceeds the performance targets
      and individual performance is exemplary, incentive compensation awards, in
      conjunction with salaries, will provide a level of compensation which recognizes
      the skills and efforts of the key executives. In this Plan, MDU Resources Group,
      Inc. is defined as the "Company" while Montana-Dakota Utilities Co. is defined
      as the "Utility Company."

    

    
      	
              II.

            	
              BASIC
                PLAN CONCEPT

            

    

    

    The
      Plan
      provides an opportunity to earn annual incentive compensation based on the
      achievement of specified annual performance objectives. A target incentive
      award
      for each individual within the Plan is established based on the position level
      and actual base salary, provided, however, that the Compensation Committee
      of
      the Board of Directors of the Company (the “Committee”) in its sole discretion,
      may, instead of actual base salary, use the assigned salary grade market value
      (midpoint) (“Salary”). The target incentive award represents the amount to be
      paid, subject to the achievement of the performance objective targets
      established each year. Larger incentive awards than target may be authorized
      when performance exceeds targets; lesser or no amounts may be paid when
      performance is below target.

    It
      is
      recognized that during a Plan Year major unforeseen changes in economic and
      environmental conditions or other significant factors beyond the control of
      management may substantially affect the ability of the Plan Participants to
      achieve the specified performance goals. Therefore, in its review of corporate
      performance the Committee, in consultation with the Chief Executive Officer
      of
      the Company, may modify the performance targets. However, it is contemplated
      that such target modifications will be necessary only in years of unusually
      adverse or favorable external conditions.

    

    
      	
              III.

            	
              ADMINISTRATION

            

    

    

    The
      Plan
      shall be administered by the Committee with the assistance of the Chief
      Executive Officer of the Company. The Committee shall approve annually, prior
      to
      the beginning of each Plan Year, the list of eligible Participants, and the
      target incentive award level for each position within the Plan. The Plan’s
      performance targets for the year shall be approved by the Committee no later
      than its regularly scheduled February meeting during that Plan Year. The
      Committee shall have final discretion to determine actual award payment levels,
      method of payment, and whether or not payments shall be made for any Plan
      Year.

    The
      Board
      of Directors of the Company may, at any time and from time to time, alter,
      amend, supersede or terminate the Plan in whole or in part, provided that no
      termination, amendment or modification of the Plan shall adversely affect in
      any
      material way an award that has met all requirements for payment without the
      written consent of the Participant holding such award, unless such termination,
      modification or amendment is required by applicable law.

     

    
      	
              IV.

            	
              ELIGIBILITY

            

    

    

    Executives
      who are determined by the Committee to have a key role in both the establishment
      and achievement of Utility Company objectives shall be eligible to participate
      in the Plan.

    Nothing
      in the Plan shall interfere with or limit in any way the right of the Utility
      Company to terminate any Participant’s employment at any time, for any reason or
      no reason in the Utility Company’s sole discretion, or confer upon any
      Participant any right to continue in the employment of the Utility Company.
      No
      executive shall have the right to be selected to receive an award under the
      Plan, or, having been so selected, to be selected to receive a future
      award.

    

    
      	
              V.

            	
              PLAN
                PERFORMANCE MEASURES

            

    

    

    Performance
      measures shall be established that consider shareholder and customer interests.
      These measures shall be evaluated annually based on achievement of specified
      goals. 

    The
      performance measure reflective of shareholders’ interest will be the percentage
      attainment of corporate goals, as determined each year by the Committee. This
      measure may be applied at the corporate level for individuals whose major or
      sole impact is Utility Company-wide, or at the business unit level for
      individuals whose major or sole impact is on business unit results.

    Individual
      performance will be assessed based on the achievement of annually established
      individual objectives.

    Threshold,
      target and maximum award levels will be established annually for each
      performance measure and business unit. The Committee will retain the right
      to
      make all interpretations as to the actual attainment of the desired results
      and
      will determine whether any circumstances beyond the control of management need
      to be considered.

    

    
      	
              VI.

            	
              TARGET
                INCENTIVE AWARDS

            

    

    

    Target
      incentive awards will be expressed as a percentage of each Participant’s Salary.
      These percentages shall vary by position and reflect larger reward opportunity
      for positions having greater effect on the establishment and accomplishment
      of
      the Utility Company’s or business unit’s objectives. An exhibit showing the
      target awards as a percentage of Salary for eligible positions will be attached
      to this Plan at the beginning of each Plan Year.

    

    
      	
              VII.

            	
              INCENTIVE
                FUND DETERMINATION

            

    

    

    The
      target incentive fund is the sum of the individual target incentive awards
      for
      all eligible Participants. Once the incentive targets have been determined
      by
      the Committee, a target incentive fund shall be established and accrued ratably
      by the Utility Company. The incentive fund and accruals may be adjusted during
      the year.

    At
      the
      close of each Plan Year, the Chief Executive Officer of the Company will prepare
      an analysis showing the Utility Company's and business unit's performance in
      relation to each of the performance measures employed. This will be provided
      to
      the Committee for review and comparison to threshold, target and maximum
      performance levels. In addition, any recommendations of the Chief Executive
      Officer will be presented at this time. The Committee will then determine the
      amount of the target incentive fund earned.

    

    
      	
              VIII.

            	
              INDIVIDUAL
                AWARD DETERMINATION

            

    

    

    Each
      individual Participant's award will be based first upon the level of performance
      achieved by the Utility Company or business unit and secondly based upon the
      individual's performance. The performance measures applicable for assessing
      individual performance will be established at the beginning of each Plan Year.
      The assessment by the Committee, after consultation with the Chief Executive
      Officer, of achievement relative to the established performance measures, as
      determined by a percentage from 0 percent to 200 percent, will be applied to
      the
      Participant's target incentive award which has been first adjusted for Utility
      Company or business unit performance.

    

    
      	
              IX.

            	
              PAYMENT
                OF AWARDS

            

    

    

    Except
      as
      provided below or as otherwise determined by the Committee, in order to receive
      an award under the Plan, the Participant must remain in the employment of the
      Utility Company or business unit for the entire Plan Year. If a Participant
      terminates employment with the Utility Company pursuant to a mandatory
      retirement provision in the Utility Company’s Bylaws that provides for mandatory
      retirement of certain officers on their 65th birthday (or terminates employment
      with a subsidiary of the Company pursuant to a similar subsidiary Bylaw
      provision), and if the Participant's 65th birthday occurs during the Plan Year,
      determination of whether the performance measures have been met will be made
      at
      the end of the Plan Year, and to the extent met, payment of the award will
      be
      made to the Participant, prorated. Proration of awards shall be based upon
      the
      number of full months elapsed from and including January to and including the
      month in which the Participant's 65th birthday occurs. An individual Participant
      who transfers between the Utility Company and the Company or any business unit
      of the Company may receive a prorated award at the discretion of the Committee.
      Payments made under this Plan will not be considered part of compensation for
      pension purposes. Payments when made will be in cash. Incentive awards may
      be
      deferred if the appropriate elections have been executed prior to the end of
      the
      Plan Year. Deferred amounts will accrue interest at a rate determined annually
      by the Committee.

    In
      the
      event of a "Change in Control" (as defined by the Committee in its Rules and
      Regulations) then any award deferred by each Participant shall become
      immediately payable to the Participant in cash, together with accrued interest
      thereon to the date of payment. In the event the Participant files suit to
      collect the Participant's deferred award then all of the court costs, other
      expenses of litigation, and attorneys' fees shall be paid by the Utility Company
      in the event the Participant prevails upon any of the Participant's claims
      for
      payment of a deferred award.

    

    
      	
              X.

            	
              ACCOUNTING
                RESTATEMENTS 

            

    

     

    This
      Section X shall apply to incentive awards granted to all Participants in the
      Plan. Notwithstanding anything in the Plan or the Plan's Rules and Regulations
      to the contrary, if the Utility Company's audited financial statements are
      restated, the Committee may, in accordance with the Company's Guidelines
      for Repayment of Incentives Due to Accounting Restatements,
      take
      such actions as it deems appropriate (in its sole discretion) with respect
      to

    (a) unpaid
      incentive awards under the Plan (including incentive awards relating to
      completed Plan Years, but with respect to which payments have not yet been
      made
      or deferred) ("Outstanding Awards") and 

    (b) prior
      incentive awards that were paid (or deferred) within the 3 year period preceding
      the restatement ("Prior Awards"), provided such Prior Awards were not paid
      prior
      to the date the Plan was amended to add this Section X, 

    if
      the
      calculation of the amounts payable, paid or deferred under such awards are,
      or
      would have been, directly impacted by the restatement, including, without
      limitation, (i) securing (or causing to be secured) repayment of some or all
      payments made pursuant to (or deferrals relating to) Prior Awards, (ii) making
      (or causing to be made) additional payments (or crediting additional deferrals),
      (iii) reducing or otherwise adjusting the amount payable pursuant to Outstanding
      Awards and/or (iv) causing the forfeiture of Outstanding Awards. The Committee
      may, in its sole discretion, take different actions pursuant to this Section
      X
      with respect to different awards, different Participants (or beneficiaries)
      and/or different classes of awards or Participants (or beneficiaries). The
      Committee has no obligation to take any action permitted by this Section X.
      The
      Committee may consider any factors it chooses in taking (or determining whether
      to take) any action permitted by this Section X, including, without limitation,
      the following:

    (A) The
      reason for the restatement of the financial statements;

    (B) The
      amount of time between the initial publication and subsequent restatement of
      the
      financial statements; and

    (C) The
      Participant's current employment status, and the viability of successfully
      obtaining repayment.

    If
      the
      Committee requires repayment of all or part of a Prior Award, the amount of
      repayment may be based on, among other things, the difference between the amount
      paid to the individual and the amount that the Committee determines in its
      sole
      discretion should have been paid based on the restated results. The Committee
      shall determine whether repayment shall be effected (i) by seeking repayment
      from the Participant, (ii) by reducing (subject to applicable law and the terms
      and conditions of the applicable plan, program or arrangement) the amount that
      would otherwise be provided to the Participant under any compensatory plan,
      program or arrangement maintained by the Company or any of its affiliates,
      (iii)
      by withholding payment of future increases in compensation (including the
      payment of any discretionary bonus amount) or grants of compensatory awards
      that
      would otherwise have been made in accordance with the Company's otherwise
      applicable compensation practices, or (iv) by any combination of the foregoing.
      Additionally, by accepting an incentive award under the Plan, Participants
      acknowledge and agree that the Committee may take any actions permitted by
      this
      Section X with respect to Outstanding Awards to the extent repayment is to
      be
      made pursuant to another plan, program or arrangement maintained by the Company
      or any of its affiliates.Retirement Agreement for Warren L. Robinson

    AGREEMENT
      ON RETIREMENT

     

    This
      Agreement on Retirement (this “Agreement”) is entered into by and between Warren
      L. Robinson, Executive Vice President and Chief Financial Officer of MDU
      Resources Group, Inc., and as a Director and/or Chief Executive Officer,
      President, Executive Vice President, Vice President, Chief Financial Officer,
      Treasurer, and/or Manager, of subsidiaries, divisions, affiliates, and limited
      liability companies of MDU Resources Group, Inc. and as a member of the Managing
      Committees of Montana-Dakota Utilities Co. and Great Plains Natural Gas Co.,
      divisions of MDU Resources Group, Inc., and any other currently held positions
      within the Companies
      (“Warren
      L. Robinson”)
      and
      MDU Resources Group, Inc., a Delaware corporation, including all of its
      subsidiaries, divisions, affiliates, limited liability companies, partnerships,
      both foreign and domestic of MDU Resources Group, Inc. (“Companies”).
      This
      Agreement shall inure to the benefit of and be binding upon the Companies
      and
      their successors and assigns.

     

    Recitals

     

    A. Warren
      L. Robinson
      is
      retiring from Companies
      and the
      parties wish to set forth certain terms on the severance of their
      relationship.

     

    B. The
      parties also wish to resolve any claim, demand, liability, action, or cause
      of
      action whatsoever by Warren
      L. Robinson
      against
      the Companies
      and all
      other existing differences completely and amicably. Warren
      L. Robinson
      acknowledges that the mutual covenants and agreements herein, including payments
      set forth in Paragraphs 2 and 3, are good and adequate consideration for this
      Agreement.

     

    C. The
      parties represent that they have been advised about this Agreement by their
      respective counsel, are competent to enter into it, fully understand its terms
      and consequences, and enter into it knowingly and voluntarily.

     

    Based
      on
      these recitals, the parties agree as follows:

     

    Terms

     

    1. Retirement.
      Effective
      as of close of business on Tuesday, January 3, 2006, Warren
      L. Robinson
      shall
      retire and resign as Executive Vice President and Chief Financial Officer of
      MDU
      Resources Group, Inc., and as a Director and/or Chief Executive Officer,
      President, Executive Vice President, Vice President, Chief Financial Officer,
      Treasurer, and/or Manager, of subsidiaries, divisions, affiliates, and limited
      liability companies of MDU Resources Group, Inc. and as a member of the Managing
      Committees of Montana-Dakota Utilities Co. and Great Plains Natural Gas Co.,
      divisions of MDU Resources Group, Inc., and any other currently held positions
      within the Companies.
      The
      form of resignation is attached hereto as Exhibit A and is incorporated herein
      by reference. Warren
      L. Robinson
      will,
      however, continue to be employed by MDU Resources Group, Inc. as a Special
      Projects Advisor through the close of business on February 17, 2006.

     

    2. Benefits.
      Warren
      L. Robinson
      shall
      receive payment of benefits which he has earned or accrued in accordance with
      MDU Resources Group, Inc. plans and the award agreements thereunder as
      applicable per his retirement date. Warren
      L. Robinson
      has been
      informed in letters of those and concurs with the Companies’
      determination of his benefits to be paid. These letters are attached hereto
      as
      Exhibit B and Exhibit C and are incorporated herein by reference. All payments
      and benefits to or for Warren
      L. Robinson
      contained in this paragraph shall be payable by applicable plans or Companies
      in the
      ordinary course of its business, but such obligations will be paid and/or
      performed within all time frames contained in the various plans which may be
      applicable to a retiring employee. Warren
      L. Robinson
      will
      receive payment for all accrued vacation as soon as administratively feasible
      after February 17, 2006. Except for Accelerated Restricted Stock Awards vesting
      on February 16, 2006, Warren
      L. Robinson
      shall
      not after January 3, 2006, be eligible as a Special Projects Advisor for any
      additional compensation or employee benefits, nor shall he have the authority
      to
      obligate Companies
      pursuant
      to any power of attorney or other agreements.

     

    3. Compensation.
      Companies
      will pay
      to Warren
      L. Robinson as
      consideration for settlement and release of all claims, including, but not
      limited to, all future participation or distribution in various stock and bonus
      plans, the sum of one million dollars ($1,000,000.00) less legally required
      deductions. Said payment will be made as soon as administratively feasible
      after
      February 17, 2006 or upon expiration of the rescission period set forth in
      paragraph 20 of this Agreement, whichever date is later. Warren
      L. Robinson
      acknowledges and agrees that this sum is good and adequate consideration for
      this Agreement and is a sum to which he would not otherwise be
      entitled. 

     

    4. Tax.
      Appropriate tax deductions will be made by Companies
      from the
      payments made under Paragraphs 2 and 3. The Companies
      will
      withhold applicable federal and state income taxes and Warren
      L. Robinson’s
      share
      of state and federal payroll taxes and provide Warren
      L. Robinson
      with a
      W-2 or other appropriate form evidencing such amounts. 

     

    5. Release.

     

    a. Warren
      L. Robinson,
      in
      exchange for the payment and other considerations set forth above, the
      sufficiency of which is hereby acknowledged and which is acknowledged to provide
      good consideration to Warren
      L. Robinson
      to which
      he is not entitled unless he signs this Agreement, on behalf of himself and
      his
      representatives, spouse, agents, heirs and assigns, releases and discharges
      Companies
      and
Companies’
former,
      current or future officers, employees, representatives, agents, fiduciaries,
      attorneys, directors, shareholders, insurers, predecessors, parents, affiliates,
      benefit plans, successors, heirs, and assigns from any and all claims,
      liabilities, causes of action, damages, losses, demands or obligations of every
      kind and nature, whether now known or unknown, suspected or unsuspected, which
      Warren
      L. Robinson
      ever
      had, now has, or hereafter can, shall or may have for, upon or by reason of
      any
      act, transaction, practice, conduct, matter, cause or thing of any kind
      whatsoever relating to or based upon, in whole or in part, any act, transaction,
      practice or conduct prior to February 18, 2006, including, but not limited
      to,
      matters dealing with Warren
      L. Robinson’s
      employment or retirement from employment and/or any other status with the
Companies,
      or
      which relate in any way to injuries or damages suffered by Warren
      L. Robinson
      (knowingly or unknowingly). This Agreement does not eliminate or release any
      coverages which Warren
      L. Robinson
      may have
      under applicable directors and officers insurance or his right to
      indemnification under the terms of the Companies’
      bylaws
      for his time in office. This release and discharge includes, but is not limited
      to, claims arising under federal, state and local statutory or common law,
      including, but not limited to, the federal Age Discrimination in Employment
      Act
      (“ADEA”), Title VII of the Civil Rights Act of 1964, the North Dakota Human
      Rights Act, the Fair Labor Standards Act, the Family and Medical Leave Act
      of
      1993, the Americans with Disabilities Act, the Employee Retirement Income
      Security Act, the North Dakota Whistleblower Act (codified at N.D.C.C.
§ 34-01-20), and the Sarbanes-Oxley Act of 2002, including any and all
      claims for wrongful discharge under any public policy or any policy of the
      Companies,
      claims
      for breach of fiduciary duty, and the laws of contract and tort, and any claim
      for attorney’s fees or costs.

     

    b.
      Warren
      L. Robinson
      agrees
      that he has not and will not institute any lawsuit or commence any action
      asserting any claims, losses, liabilities, demands or obligations released
      hereunder. Nothing in this provision shall be construed, however, as prohibiting
      Warren
      L. Robinson
      from
      filing a charge or complaint to test the validity under the Older Workers
      Benefit Protection Act or the waiver of Warren
      L. Robinson’s
      rights
      under the federal ADEA. Nothing contained herein shall be construed to prohibit
      Warren
      L. Robinson
      from
      filing a charge or complaint with the Equal Employment Opportunity Commission
      or
      the North Dakota Department of Labor or participating in investigations by
      those
      entities. However, except for testing the validity of the waiver noted above,
      Warren
      L. Robinson
      acknowledges that the release he executes herein waives his right to file a
      court action or to seek individual remedies or monetary damages in any EEOC
      or
      North Dakota Department of Labor filed court action. This release does not
      extend to rights, remedies, claims or causes of action arising out of acts
      governed by Paragraph 5.a., above, occurring after the effective date of this
      Agreement and expiration of the revocation period.

     

    This
      Agreement does not apply to, or otherwise impair, any vested right Warren
      L. Robinson
      has
      under a presently existing employee pension or benefit plan or any other claim
      that may not be waived by law.

     

    6. Known
      or Unknown Claims.
      Warren
      L. Robinson understands
      and expressly agrees that this Agreement extends to all claims of every nature
      and kind, known or unknown, suspected or unsuspected, past, present, or future,
      arising from or attributable to any conduct of the Companies
      and
      their successors, subsidiaries, and affiliates, and all their employees, owners,
      shareholders, agents, officers, directors, predecessors, assigns, agents,
      representatives, and attorneys, whether known by Warren
      L. Robinson
      or
      whether or not Warren
      L. Robinson
      believes
      he may have any claims, and that any and all rights granted to Warren
      L. Robinson
      under
      N.D.C.C. § 9-13-02 or any analogous state law or federal law or
      regulations, are hereby expressly WAIVED, if applicable.

     

    7. No
      Admission.
      Neither
      this Agreement nor any action or acts taken in connection with this Agreement
      or
      pursuant to it will constitute an admission by Warren
      L. Robinson
      or by
Companies
      of any
      violation of law, nor will it constitute or be construed as an admission of
      any
      wrongdoing whatsoever.

     

    8. Nondisclosure
      of Proprietary and Trade Secret Business Information.
      Warren
      L. Robinson
      agrees
      to retain in strict confidence and not to use in any way and not to disclose
      to
      any persons any non-public, confidential, proprietary, or trade secret
      information of Companies
      as
      described in the North Dakota Uniform Trade Secret Act. Warren
      L. Robinson
      further
      acknowledges that he will have returned to Companies
      by
      February 17, 2006 all documents and information encompassing non-public,
      confidential, proprietary, or trade secret information of the Companies.
      Warren L. Robinson
      acknowledges that prior to February 17, 2006, he will have returned company
      property in his possession that was used in any currently held positions within
      Companies. 

     

    9. No
      Disparagement.
      The
      parties agree not to make any disparaging or false statements about each
      other.

     

    10. Change
      of Control Employment Agreement.
      Warren
      L. Robinson
      and MDU
      Resources Group, Inc. are parties to a Change of Control Employment Agreement
      dated November 11, 1998. Warren
      L. Robinson acknowledges
      that no “Change of Control” has occurred, as that term is defined in that
      agreement and that agreement is hereby terminated.

     

    11. Agreement
      Regarding No Right to Future Employment.
      Warren
      L. Robinson
      agrees
      that he will not at any time in the future bring a claim against Companies
      for any
      failure to offer him future employment or failure to accept from him an
      application for future employment with Companies.

     

    12. Further
      Documents.
      Each
      party agrees to execute or cause their counsel to execute any additional
      documents and take any further action which may reasonably be required in order
      to consummate this Agreement or otherwise fulfill the obligations of the parties
      thereunder.

     

    13. Choice
      of Law.
      This
      Agreement shall be construed and enforced in accordance with the laws of the
      State of North Dakota.

     

    14. Attorneys’
      Fees.
      Should
      any action be brought by any party to this Agreement to enforce any provision
      thereof, the prevailing party shall be entitled to recover, in addition to
      any
      other relief, reasonable attorneys’ fees and costs and expenses of litigation or
      arbitration. This provision shall not apply to charges or complaints filed
      by
Warren
      L. Robinson
      to test
      the validity under the Older Workers Benefit Protection Act or the waiver of
      Warren
      L. Robinson’s
      rights
      under the ADEA.

     

    15. Integration.
      This
      Agreement constitutes an integration of the entire understanding and agreement
      of the parties with respect to the matters referred to in this Agreement. Any
      representation, warranty, promise or condition, whether written or oral, between
      the parties with respect to the matters referred to in this Agreement which
      is
      not specifically incorporated in this Agreement shall not be binding upon any
      of
      the parties hereto and the parties acknowledge that they have not relied, in
      entering into this Agreement, upon any representations, warranties, promises
      or
      conditions not specifically set forth in this Agreement. No prior or
      contemporaneous oral or written understanding, covenant, or agreement between
      the parties, with respect to the matters referred to in this Agreement, shall
      survive the execution of this Agreement. This Agreement may be modified only
      by
      a written agreement executed by both parties hereto.

     

    16. Binding
      Agreement.
      The
      parties understand and expressly agree that this Agreement shall bind the heirs,
      subsidiaries, affiliates, successors, and assigns of the Companies
      and
Warren
      L. Robinson.

     

    17. Construction.
      The
      language of this Agreement shall be construed as to its fair meaning and not
      strictly for or against either party. If any part of this Agreement is construed
      to be a violation of law, such part shall be modified to achieve the objective
      of the parties to the fullest extent permitted and the balance of this Agreement
      shall remain in full force and effect.

     

    18. Counterparts.
      This
      Agreement may be executed in counterparts and when each party has signed and
      delivered at least one such counterpart, each counterpart shall be deemed an
      original and all counterparts taken together shall constitute one and the same
      Agreement, which shall be binding and effective as to all parties.

     

    19. Headings.
      Headings in this Agreement are for convenience of reference only and are not
      a
      part of the substance hereof.

     

    20. Time
      for Acceptance and Revocation.
      Warren
      L. Robinson
      acknowledges that he has been advised in writing by Companies
      to
      consult with an attorney prior to signing it. Warren
      L. Robinson
      may have
      up to twenty-one (21) days from the date this Agreement is presented to
Warren
      L. Robinson
      to
      accept the terms of this Agreement, although Warren
      L. Robinson
      may
      accept it at any time within those twenty-one (21) days. Warren
      L. Robinson
      agrees
      that any changes to this Agreement, whether material or not, will not restart
      the period for acceptance. After acceptance, Warren
      L. Robinson
      will
      still have an additional seven (7) days in which to revoke his acceptance as
      it
      relates to federal age discrimination claims and reinstate any potential claims
      he might have under the ADEA. To so revoke, Warren
      L. Robinson
      must
      send the Companies
      a
      written statement of revocation. To be effective, the revocation must be in
      writing and hand-delivered or mailed to the Companies
      addressed as follows: MDU
      Resources Group, Inc., c/o Chief Executive Officer, P.O. Box 5650, Bismarck,
      ND
      58506-5650, within
      the seven (7) day period. If mailed, the revocation must be postmarked within
      the seven (7) day period. 

     

    This
      Agreement will not be effective and no payment will be made hereunder until
      the
      revocation period has expired. If Warren
      L. Robinson
      exercises his option to revoke his ADEA waiver, the entire Agreement is voidable
      at the Companies’
option
      within seven (7) days and neither Warren
      L. Robinson
      nor the
Companies
      shall
      have any further rights or obligations pursuant to this Agreement. 

     

    Severability.
      Should
      any court with jurisdiction determine that any provision of this Agreement
      is
      invalid, void or unenforceable; the remaining provisions shall remain in full
      force and effect. 

    
       

      
        
          	 	
                  EMPLOYEE

                   

                
	
                  Dated:  
                    11-21-05

                	
                  /s/
                    WARREN L. ROBINSON

                  Warren
                    L. Robinson

                   

                
	
                  Dated:  
                    11-23-05

                   

                	
                  /s/
                    MARTIN A. WHITE

                  
                    Martin
                      A. White

                    Chairman
                      of the Board,

                    and
                      Chief Executive Officer

                    MDU
                      Resources Group, Inc.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]