Document:

Form of Qualified Performance Award Agreement

 Exhibit 10.1 
 CENTERPOINT ENERGY, INC. 
 2009 LONG TERM INCENTIVE PLAN 

QUALIFIED PERFORMANCE AWARD AGREEMENT 
 JANUARY 1, 20XX – DECEMBER 31, 20XX PERFORMANCE CYCLE 
 Pursuant to
this Qualified Performance Award Agreement (the “Award Agreement”), CenterPoint Energy, Inc. (the “Company”) hereby grants to the Participant, an employee of the Company, the number of shares of Common Stock granted (the
“Target Shares”) as specified on this BNY Mellon Shareholder Services web site (“Award Notice”), such number of shares being subject to adjustment as provided in Section 14 of the CenterPoint Energy, Inc. 2009 Long Term
Incentive Plan (the “Plan”), conditioned upon the Company’s achievement of the Performance Goals over the course of the 20XX – 20XX Performance Cycle, and subject to the following terms and conditions: 

1. Relationship to the Plan. This grant of Target Shares is subject to all of the terms, conditions and provisions of the Plan in
effect on the date hereof and administrative interpretations thereunder, if any, adopted by the Committee. To the extent that any provision of this Award Agreement conflicts with the express terms of the Plan, it is hereby acknowledged and agreed
that the terms of the Plan shall control and, if necessary, the applicable provisions of this Award Agreement shall be hereby deemed amended so as to carry out the purpose and intent of the Plan. References to the Participant herein also include the
heirs or other legal representatives of the Participant. 
 2. Definitions. Except as defined herein, capitalized terms
shall have the same meanings ascribed to them under the Plan. For purposes of this Award Agreement: 

“Achievement Percentage” means the percentage of achievement determined by the Committee after the end
of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle. 

“Change in Control Closing Date” means the date a Change in Control is consummated during the
Performance Cycle. 
 “Disability” means that the Participant is (i) eligible for and in
receipt of benefits under the Company’s long-term disability plan and (ii) not eligible for Retirement. 
 “Employment” means employment with the Company or any of its Subsidiaries. 
 “Performance Cycle” means the period beginning on January 1, 20XX and ending on December 31, 20XX. 

“Performance Goal” means the standards established by the Committee for the Performance Cycle to
determine in whole or in part the number of Vested Shares pursuant to Section 4, which are specified in the performance goals section of the Award Notice and made a part hereof for all purposes. 

 “Retirement” means a Separation from Service on or after
the attainment of age 55 and with at least five years of service with the Company; provided, however, that such Separation from Service is not by the Company for Cause and occurs on or after July 1 of the calendar year in which this
grant of Target Shares is made. For purposes of this Award Agreement, “Cause” means the Participant’s (a) gross negligence in the performance of his or her duties, (b) intentional and continued failure to perform his or her
duties, (c) intentional engagement in conduct which is materially injurious to the Company or its Subsidiaries (monetarily or otherwise) or (d) conviction of a felony or a misdemeanor involving moral turpitude. For this purpose, an act or
failure to act on the part of the Participant will be deemed “intentional” only if done or omitted to be done by the Participant not in good faith and without reasonable belief that his or her action or omission was in the best interest of
the Company, and no act or failure to act on the part of the Participant will be deemed “intentional” if it was due primarily to an error in judgment or negligence. 

“Separation from Service” means a separation from service with the Company or any of its Subsidiaries
within the meaning of Treasury Regulation § 1.409A-1(h) (or any successor regulation). 
 “Target
Shares” means the actual number of shares originally granted to the Participant pursuant to the Award Notice. 
 “Vested Shares” means the shares of Common Stock actually awarded to the Participant following the Participant’s satisfaction of the vesting provisions of Section 5 and, if
applicable, the determination by the Committee of the extent to which the Company has achieved the Performance Goals for the Performance Cycle pursuant to Section 4. 
 3. Establishment of Award Account. The grant of Target Shares pursuant to this Award Agreement shall be implemented by a credit to a bookkeeping account maintained by the Company evidencing the
accrual in favor of the Participant of the unfunded and unsecured right to receive shares of Common Stock of the Company, which right shall be subject to the terms, conditions and restrictions set forth in the Plan and to the further terms,
conditions and restrictions set forth in this Award Agreement. Except as otherwise provided in this Award Agreement, the Target Shares of Common Stock credited to the Participant’s bookkeeping account may not be sold, assigned, transferred,
pledged or otherwise encumbered until the Participant has been registered as a holder of shares of Common Stock on the records of the Company as provided in Section 6 or 7 of this Award Agreement. 

4. Award Opportunity. 
 (a) Except as otherwise provided in Section 5(b)(ii) and Section 6, the Vested Shares awarded to the Participant shall be the product of the number of Target Shares and the Achievement
Percentage that is based upon the Committee’s determination of whether and to what extent the Performance Goals have been achieved during the Performance Cycle. 

(b) No later than 60 days after the close of the Performance Cycle, the Committee shall determine the extent to which
each Performance Goal has been achieved. If the Company has performed at or above the threshold level of achievement for a Performance Goal, the Achievement Percentage shall be between 50% and 150%. In no event shall the Achievement Percentage
exceed 150%. Upon completing its determination of the level at which the Performance Goals have been achieved, the Committee shall notify the Participant, in the form and manner as determined by the Committee, of the number of Vested Shares that
will be issued to the Participant pursuant to Section 7. 

  
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 5. Vesting of Shares. 

(a) Unless earlier forfeited in accordance with Section 5(b)(i) or unless earlier vested in accordance with
Section 5(b)(ii) or Section 6, the Participant’s right to receive shares pursuant to this Award Agreement, if any, shall vest on the last day of the Performance Cycle (with the number of shares, if any, based on the Committee’s
determination that each Performance Goal has been met (as provided in Section 4)). As soon as administratively practicable, but in no event later than 70 days, after the close of the Performance Cycle, the Committee shall notify the Participant
as required by Section 4 of the level at which the Performance Goals established for the Performance Cycle have been achieved. 
 (b) If the Participant’s Separation from Service date occurs prior to the close of the Performance Cycle or the occurrence of a Change in Control, then the applicable of the following clauses shall
apply with respect to the Target Shares subject to this Award Agreement: 
 (i) Forfeiture of Entire
Award. If the Participant’s Employment is terminated, such that the Participant has a Separation from Service, by the Company or any of its Subsidiaries or by the Participant for any reason other than due to death, Disability or Retirement,
then the Participant’s right to receive any Target Shares shall be forfeited in its entirety as of the date of such Separation from Service. 
 (ii) Death or Disability. If the Participant’s Employment is terminated due to death or Disability, the Participant’s right to receive the Target Shares shall vest on the date of such
Separation from Service in the proportion of the number of days elapsed in the Performance Cycle as of the date of Separation from Service by the total number of days in the Performance Cycle. The Participant’s right to receive any additional
shares pursuant to this Award Agreement shall be forfeited at such time. 
 (iii) Retirement. If the
Participant’s Employment is terminated due to Retirement, the Participant’s right to receive shares pursuant to this Award Agreement, if any, shall vest on the date the Committee determines that each Performance Goal has been met (as
provided in Section 4) in a pro-rata amount determined by multiplying (1) the number of Vested Shares awarded to the Participant based upon the Committee’s determination of achievement of Performance Goals as provided in
Section 4, by (2) a fraction, the numerator of which is the number of days elapsed in the Performance Cycle as of the date of the Participant’s Separation from Service, and the denominator of which is the total number of days in the
Performance Cycle. 
 (c) In accordance with the provisions of this Section 5, the Vested Shares shall be
distributed as provided in Section 7 hereof. 

  
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 6. Distribution Upon a Change in Control. Notwithstanding anything herein to the
contrary and without regard to the Performance Goals, if there is a Change in Control during the Performance Cycle, upon the Change in Control Closing Date, the Participant’s right to receive the Target Shares shall vest and be settled by the
distribution to the Participant of: 
 (a) shares of Common Stock equal to the Target Shares; plus

 (b) shares of Common Stock (rounded up to the nearest whole share) having a Fair Market Value equal to the
amount of dividends that would have been declared on the number of such shares determined under clause (a) above during the period commencing at the beginning of the Performance Cycle and ending on the date immediately preceding the Change in
Control Closing Date. 
 In lieu of the foregoing distribution in shares, the Committee, in its sole discretion, may direct that such
distribution be made to the Participant in a lump cash payment equal to: 
 (x) the product of (i) the Fair
Market Value per share of Common Stock on the date immediately preceding the Change in Control Closing Date and (ii) the Target Shares; plus 
 (y) the amount of dividends that would have been declared on the number of shares of Common Stock determined under clause (a) above during the period commencing at the beginning of the Performance
Cycle and ending on the date immediately preceding the Change in Control Closing Date. 
 Such distribution, whether in the form of shares of
Common Stock or, if directed by the Committee, in cash, shall be made to the Participant no later than the 70th day after the Change in Control Closing Date, and shall satisfy the rights of the Participant and the obligations of the Company under
this Award Agreement in full. In the event a Change in Control occurs after the Participant has had a Separation from Service due to Retirement, the Target Shares such Participant shall receive under this Section 6 shall be pro-rated based on
the number of days that elapsed in the Performance Cycle as of his Separation from Service date over the total number of days in the Performance Cycle. 
 7. Distribution of Vested Shares. 
 (a) If the
Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to Section 5(a) or Section 5(b)(iii), a number of shares of Common Stock equal to the number of Vested Shares shall be registered in the name
of the Participant and shall be delivered to the Participant no later than March 15th of the calendar year following the calendar year in which occurs the last day of the Performance Cycle. 

(b) If the Participant’s right to receive shares pursuant to this Award Agreement has vested pursuant to
Section 5(b)(ii), a number of shares of Common Stock equal to the number of Vested Shares shall be registered in the name of the Participant (or his or her estate, if applicable) and shall be delivered to the Participant (or his or her estate,
if applicable) not later than the 70th day after the Participant’s Separation from Service date. 
 (c) The
Company shall have the right to withhold applicable taxes from any such distribution of Vested Shares or from other compensation payable to the Participant at the time of such vesting and delivery pursuant to Section 11 of the Plan (but subject
to compliance with the requirements of Section 409A of the Internal Revenue Code (“Section 409A”), if applicable). 

  
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 (d) Upon delivery of the Vested Shares pursuant to Section 7(a) or 7(b)
above, the Participant shall also be entitled to receive a cash payment equal to the sum of all dividends, if any, declared on the Vested Shares after the commencement of the Performance Cycle but prior to the date the Vested Shares are delivered to
the Participant. 
 8. Confidentiality. The Participant agrees that the terms of this Award Agreement are confidential
and that any disclosure to anyone for any purpose whatsoever (save and except disclosure to financial institutions as part of a financial statement, financial, tax and legal advisors, or as required by law) by the Participant or his or her agents,
representatives, heirs, children, spouse, employees or spokespersons shall be a breach of this Award Agreement and the Company may elect to revoke the grant made hereunder, seek damages, plus interest and reasonable attorneys’ fees, and take
any other lawful actions to enforce this Award Agreement. 
 9. Notices. For purposes of this Award Agreement, notices to
the Company shall be deemed to have been duly given upon receipt of written notice by the Corporate Secretary of CenterPoint Energy, Inc., 1111 Louisiana, Houston, Texas 77002, or to such other address as the Company may furnish to the Participant.

 Notices to the Participant shall be deemed effectively delivered or given upon personal, electronic, or postal delivery of
written notice to the Participant, the place of Employment of the Participant, the address on record for the Participant at the human resources department of the Company, or such other address as the Participant hereafter designates by written
notice to the Company. 
 10. Shareholder Rights. The Participant shall have no rights of a shareholder with respect to
the Target Shares, unless and until the Participant is registered as the holder of shares of Common Stock. 
 11. Successors
and Assigns. This Award Agreement shall bind and inure to the benefit of and be enforceable by the Participant, the Company and their respective permitted successors and assigns except as expressly prohibited herein and in the Plan.
Notwithstanding anything herein or in the Plan to the contrary, the Target Shares are transferable by the Participant to Immediate Family Members, Immediate Family Member trusts, and Immediate Family Member partnerships pursuant to Section 13
of the Plan. 
 12. No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to
(or impose any obligations for) continued Employment by the Company or any Subsidiary or any successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the
Participant. 
 13. Waiver. Failure of either party to demand strict compliance with any of the terms or conditions
hereof shall not be deemed a waiver of such term or condition, nor shall any waiver by either party of any right hereunder at any one time or more times be deemed a waiver of such right at any other time or times. No term or condition hereof shall
be deemed to have been waived except by written instrument. 

  
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 14. Exclusion from Section 409A. At all times prior to the date that the
Committee determines that each Performance Goal has been met (following the last date of the Performance Cycle) or, if applicable under Section 6 or 7(b), the Change in Control Closing Date or the Participant’s Separation from Service,
respectively, the benefit payable under this Award Agreement is subject to a substantial risk of forfeiture within the meaning of Treasury Regulation § 1.409A-1(d) (or any successor regulation). Accordingly, this Award is not subject to
Section 409A under the short term deferral exclusion, and this Award Agreement shall be interpreted and administered consistent therewith. 
 15. Compliance with Recoupment Policy. Any amounts payable, paid, or distributed under this Award Agreement are subject to the recoupment policy of the Company as in effect from time to time.

 16. Modification of Award Agreement. Any modification of this Award Agreement shall be binding only if evidenced in
writing and signed by an authorized representative of the Company. 

  
 - 6 -Form of Restricted Stock Unit Award Agreement

 Exhibit 10.2 
 CENTERPOINT ENERGY, INC. 
 2009 LONG TERM INCENTIVE PLAN 

RESTRICTED STOCK UNIT AWARD AGREEMENT 
 (With Performance Goal) 
 Pursuant to this Restricted Stock Unit Award
Agreement (“Award Agreement”), CenterPoint Energy, Inc. (the “Company”) hereby grants to the Participant, an employee of the Company, on the Award Date, a restricted stock unit award of the number of units of Common Stock of the
Company (the “RSU Award”) as specified on this BNY Mellon Shareholder Services web site (“Award Notice”), pursuant to the CenterPoint Energy, Inc. 2009 Long Term Incentive Plan (the “Plan”), which is a qualified
Performance Award under the Plan, conditioned upon the Company’s achievement of the Performance Goals established by the Committee over the course of the Vesting Period, and subject to the terms, conditions and restrictions described in the
Plan and as follows: 
 1. Relationship to the Plan; Definitions. This RSU Award is subject to all of the terms,
conditions and provisions of the Plan in effect on the date hereof and administrative interpretations thereunder, if any, adopted by the Committee. Except as defined herein, capitalized terms shall have the same meanings ascribed to them under the
Plan. To the extent that any provision of this Award Agreement conflicts with the express terms of the Plan, it is hereby acknowledged and agreed that the terms of the Plan shall control and, if necessary, the applicable provisions of this Award
Agreement shall be hereby deemed amended so as to carry out the purpose and intent of the Plan. References to the Participant herein also include the heirs or other legal representatives of the Participant. For purposes of this Award Agreement:

 “Award Date” means the date this RSU Award is granted to the Participant as specified in the Award Notice.

 “Change in Control Closing Date” means the date a Change in Control (as defined in the Plan) is consummated
during the Vesting Period. 
 “Change in Control Payment Date” means the following: 

(i) If the Participant is not Retirement Eligible, then the Change in Control Payment Date shall be not later than
the 70th day after the Change in Control Closing Date (regardless of whether or not the Participant is a Specified Employee); and 
 (ii) If the Participant is Retirement Eligible and the Change in Control is a Section 409A Change in Control, then the Change in Control Payment Date shall be not later than the 70th day after
the Change in Control Closing Date (regardless of whether or not the Participant is a Specified Employee); and 

 (iii) If the Participant is Retirement Eligible, the Change in
Control is not a Section 409A Change in Control and the Participant is not a Specified Employee, then the Change in Control Payment Date shall be not later than the 70th day after the earlier of: 

 

	 	(1)	the Vesting Date; or 

  

	 	(2)	the Termination Date. 

 (iv) If the Participant is Retirement Eligible, the Change in Control is not a Section 409A Change in Control and the Participant is a Specified Employee, then the Change in Control Payment
Date shall be as follows: 
  

	 	(1)	if (x) the Participant is in continuous Employment from the Change in Control Closing Date until and including the Vesting Date or (y) the Participant’s
death occurs prior to the Vesting Date, then the Change in Control Payment Date shall be not later than the 70th day after the earlier of: 

  

	 	(a)	the Vesting Date; or 

  

	 	(b)	the date of the Participant’s death; or 

  

	 	(2)	if the Participant’s Employment terminates following the Change in Control Closing Date, other than due to death, but prior to the Vesting Date, then the Change in
Control Payment Date shall be the earlier of: 

  

	 	(a)	the second business day following the end of the six-month period commencing on the Participant’s Termination Date; or 

 

	 	(b)	the date of the Participant’s death, if death occurs during such six-month period. 

“Disability” means that the Participant is both eligible for and in receipt of benefits under the Company’s
long-term disability plan. 
 “Employment” means employment with the Company or any of its Subsidiaries.

 “Performance Goals” means the standards established by the Committee to determine in whole or in part
whether the units of Common Stock under the RSU Award shall vest, which are specified in the performance goals section of the Award Notice and made a part hereof for all purposes. 

  
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 “Retirement” means a Separation from Service (i) on or after
attainment of age 55 and (ii) with at least five years of Employment; provided, however, that such Separation from Service is not by the Company for Cause and occurs on or after July 1 of the calendar year in which this RSU Award is
granted. For purposes of this Award Agreement, “Cause” means the Participant’s (a) gross negligence in the performance of his or her duties, (b) intentional and continued failure to perform his or her duties,
(c) intentional engagement in conduct which is materially injurious to the Company or its Subsidiaries (monetarily or otherwise) or (d) conviction of a felony or a misdemeanor involving moral turpitude. For this purpose, an act or failure
to act on the part of the Participant will be deemed “intentional” only if done or omitted to be done by the Participant not in good faith and without reasonable belief that his or her action or omission was in the best interest of the
Company, and no act or failure to act on the part of the Participant will be deemed “intentional” if it was due primarily to an error in judgment or negligence. 
 “Retirement Eligible” means the Participant (i) is or will be age 55 or older and (ii) has or will have at least five years of Employment, on or after July 1 of the
calendar year in which this RSU Award is granted but prior to the calendar year in which the Vesting Date occurs. 

“Section 409A” means Code Section 409A and the Treasury regulations and guidance issued thereunder. 

“Section 409A Change in Control” means a Change in Control that satisfies the requirements of a change in control for
purposes of Code Section 409A(a)(2)(A)(v) and the Treasury regulations and guidance issued thereunder. 

“Separation from Service” means a separation from service with the Company or any of its Subsidiaries within the meaning
of Treasury Regulation § 1.409A-1(h) (or any successor regulation). 
 “Specified Employee” has the
meaning of that term under Code Section 409A(a)(2)(B)(i) and the Treasury regulations and guidance issued thereunder. 

“Termination Date” means the date of the Participant’s Separation from Service. 

“Vesting Date” means the vesting date specified in the Award Notice. 

“Vesting Period” means the period commencing on the Award Date and ending on the Vesting Date. 

2. Establishment of RSU Award Account. The grant of units of Common Stock of the Company pursuant to this Award Agreement shall be
implemented by a credit to a bookkeeping account maintained by the Company evidencing the accrual in favor of the Participant of the unfunded and unsecured right to receive such units of Common Stock, which right shall be subject to the terms,
conditions and restrictions set forth in the Plan and to the further terms, conditions and restrictions set forth in this Award Agreement. Except as otherwise provided in Section 10 of this Award Agreement, the units of Common Stock credited to
the Participant’s bookkeeping account may not be sold, assigned, transferred, pledged or otherwise encumbered until the Participant has been registered as the holder of shares of Common Stock on the records of the Company, as provided in
Sections 4, 5 or 6 of this Award Agreement. 

  
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 3. Vesting of RSU Award. Unless earlier (a) vested or forfeited pursuant to
this Section 3 or Section 4(a) below or (b) vested upon the occurrence of a Change in Control pursuant to Section 5 below, the Participant’s right to receive shares of Common Stock (if any) under this Award Agreement shall
vest on the Vesting Date. No later than 60 days after the Vesting Date, the Committee shall determine the extent to which the Performance Goal has been achieved. Upon completing its determination of the level at which the Performance Goal has been
achieved, the Committee shall notify the Participant, in the form and manner as determined by the Committee, of the number of shares of Common Stock (if any) under this Award Agreement that will be issued to the Participant pursuant to
Section 6. Except as provided in Sections 4 and 5 below, the Participant must be in continuous Employment during the Vesting Period in order for the RSU Award to vest; otherwise, all such units shall be forfeited as of the Participant’s
Termination Date. 
 4. Effect of Separation from Service; Timing of Distribution. 

(a) Separation from Service Prior to the Vesting Date or Change in Control. Notwithstanding Section 3 above,
if prior to (i) the Vesting Date or (ii) the occurrence of a Change in Control, the Participant’s Separation from Service occurs due to Retirement, death or Disability, then: 

(1) Retirement. In the event of Retirement, the Participant shall vest in the right to receive a number, if any,
of the shares of Common Stock (rounded up to the nearest whole share) determined by multiplying (x) the total number of units of Common Stock subject to this Award Agreement based upon the Committee’s determination of the achievement of
the Performance Goal after the end of the Vesting Period, as provided in Section 3, by (y) a fraction, the numerator of which is the number of days that have elapsed from the Award Date to the Participant’s Termination Date, and the
denominator of which is the total number of days in the Vesting Period; or 
 (2) Death or Disability. In
the event of the Participant’s death or Separation from Service due to Disability, without regard to the Performance Goals, the Participant shall vest in the right to receive a number of the shares of Common Stock (rounded up to the nearest
whole share) determined by multiplying (x) the total number of units of Common Stock granted subject to this Award Agreement by (y) a fraction, the numerator of which is the number of days that have elapsed from the Award Date to the
Participant’s Termination Date, and the denominator of which is the total number of days in the Vesting Period. 
 (b) Timing of Distribution. 
 (1) Retirement. If the
Participant is entitled to a benefit pursuant to Section 4(a)(1) hereof, a number of shares of Common Stock equal to the number of vested shares of Common Stock subject to this Award Agreement (as determined by the Committee in accordance with
Section 3 and Section 4(a)(1), if any) shall be registered in the name of the Participant and delivered to the Participant not later than the 70th day after the Vesting Date. 

  
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 (2) Death. If the Participant is entitled to a benefit pursuant to
Section 4(a)(2) hereof due to the Participant’s death, the number of shares of Common Stock determined in accordance with Section 4(a)(2) shall be registered in the name of the Participant’s estate and delivered to the
Participant’s estate as soon as practicable but not later than the 70th day after the date of the Participant’s death. 
 (3) Disability. 
 (A) Specified Employee and Retirement
Eligible. If the Participant (i) is entitled to a benefit pursuant to Section 4(a)(2) hereof due to the Participant’s Separation from Service due to Disability, (ii) is a Specified Employee, and (iii) is Retirement
Eligible, the number of shares of Common Stock determined in accordance with Section 4(a)(2) shall be registered in the name of the Participant and delivered to the Participant on the date that is the earlier of (x) the second business day
following the end of the six-month period commencing on the Participant’s Termination Date or (y) the Participant’s date of death, if death occurs during such six-month period. 

(B) All Other Participants. Except as provided in Section 4(b)(3)(A), if the Participant is entitled to a
benefit pursuant to Section 4(a)(2) hereof due to the Participant’s Separation from Service due to Disability, the number of shares of Common Stock determined in accordance with Section 4(a)(2) shall be registered in the name of the
Participant and delivered to the Participant as soon as practicable but not later than the 70th day after the date of the Participant’s Termination Date. 
 (c) Dividend Equivalents. Upon the date of delivery of shares of Common Stock under this Section 4, the Participant shall also be entitled to receive Dividend Equivalents for the period from
the Award Date to the date such vested shares of Common Stock are distributed to the Participant (in accordance with the requirements of Section 409A, to the extent applicable). 

5. Distribution Upon a Change in Control. Notwithstanding any provision of this Award Agreement to the contrary,
if during the Participant’s Employment and prior to the end of the Vesting Period or an accelerated vesting event under Section 4 above there is a Change in Control of the Company, then, upon the Change in Control Closing Date and without
regard to the Performance Goal, the Participant’s right to receive the unvested units of Common Stock subject to this Award Agreement shall be vested and settled by a distribution, on the Change in Control Payment Date, to the Participant of:

  
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 (a) The number of units of Common Stock subject to this Award Agreement not
previously vested or forfeited pursuant to Sections 3 or 4 above, plus 
 (b) Dividend Equivalents in the
form of shares of Common Stock (rounded up to the nearest whole share) for the period commencing on the Award Date and ending on the date immediately preceding the Change in Control Payment Date; 

with such shares of Common Stock registered in the name of the Participant and delivered to the Participant. In lieu of the foregoing distribution in
shares, the Committee, in its sole discretion, may direct that such distribution be made to the Participant in a lump sum cash payment equal to: 
 (x) The product of (i) the Fair Market Value per share of Common Stock on the date immediately preceding the Change in Control Closing Date and (ii) the number of units of Common Stock subject
to this Award Agreement not previously vested or forfeited pursuant to Sections 3 or 4 above, plus 
 (y)
Dividend Equivalents for the period commencing on the Award Date and ending on the date immediately preceding the Change in Control Payment Date; 
 with such cash payment to be made on the Change in Control Payment Date. Such distribution under this Section 5, whether in the form of shares of Common Stock or, if directed by the Committee, in
cash, shall satisfy the rights of the Participant and the obligations of the Company under this Award Agreement in full. 

6. Payment of RSU Award Under Section 3. Upon the vesting of the Participant’s right to receive the shares of Common
Stock pursuant to Section 3 under this Award Agreement, a number of shares of Common Stock equal to the number of vested shares of Common Stock subject to this Award Agreement (as determined by the Committee in accordance with Section 3,
if any) shall be registered in the name of the Participant and delivered to the Participant not later than the 70th day after the Vesting Date. Moreover, upon the date of delivery of shares of Common Stock, the Participant shall also be entitled to
receive Dividend Equivalents for the period commencing on the Award Date and ending on the date such vested shares of Common Stock are distributed to the Participant (in accordance with the requirements of Section 409A, to the extent
applicable). 
 7. Confidentiality. The Participant agrees that the terms of this Award Agreement are confidential and
that any disclosure to anyone for any purpose whatsoever (save and except disclosure to financial institutions as part of a financial statement, financial, tax and legal advisors, or as required by law) by the Participant or his or her agents,
representatives, heirs, children, spouse, employees or spokespersons shall be a breach of this Award Agreement and the Company may elect to revoke the grant made hereunder, seek damages, plus interest and reasonable attorneys’ fees, and take
any other lawful actions to enforce this Award Agreement. 
 8. Notices. For purposes of this Award Agreement, notices to
the Company shall be deemed to have been duly given upon receipt of written notice by the Corporate Secretary of CenterPoint Energy, Inc., 1111 Louisiana, Houston, Texas 77002, or to such other address as the Company may furnish to the Participant.

  
 6 

 Notices to the Participant shall be deemed effectively delivered or given upon personal,
electronic, or postal delivery of written notice to the Participant, the place of Employment of the Participant, the address on record for the Participant at the human resources department of the Company, or such other address as the Participant
hereafter designates by written notice to the Company. 
 9. Shareholder Rights. The Participant shall have no rights of
a shareholder with respect to the units of Common Stock subject to this Award Agreement, unless and until the Participant is registered as the holder of such shares of Common Stock. 

10. Successors and Assigns. This Award Agreement shall bind and inure to the benefit of and be enforceable by the Participant, the
Company and their respective permitted successors and assigns except as expressly prohibited herein and in the Plan. Notwithstanding anything herein or in the Plan to the contrary, the units of Common Stock are transferable by the Participant to
Immediate Family Members, Immediate Family Member trusts, and Immediate Family Member partnerships pursuant to Section 13 of the Plan. 
 11. No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Company or any Subsidiary, or any
successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant. 
 12. Waiver. Failure of either party to demand strict compliance with any of the terms or conditions hereof shall not be deemed a waiver of such term or condition, nor shall any waiver by either
party of any right hereunder at any one time or more times be deemed a waiver of such right at any other time or times. No term or condition hereof shall be deemed to have been waived except by written instrument. 

13. Compliance with Section 409A. It is the intent of the Company and the Participant that the provisions of the Plan and
this Award Agreement comply with Section 409A and will be interpreted and administered consistent therewith. Accordingly, (i) no adjustment to the RSU Award pursuant to Section 14 of the Plan and (ii) no substitutions of the
benefits under this Award Agreement, in each case, shall be made in a manner that results in noncompliance with the requirements of Section 409A, to the extent applicable. The foregoing notwithstanding, if the Participant is not Retirement
Eligible, then at all times prior to the payment date, the benefit payable under this Award Agreement is subject to a substantial risk of forfeiture within the meaning of Treasury Regulation § 1.409A-1(d) (or any successor regulation) and,
accordingly, with respect to such Participant, this RSU Award is not subject to Section 409A under the short term deferral exclusion, and this Award Agreement shall be interpreted and administered consistent therewith. 

  
 7 

 14. Withholding. The Company shall have the right to withhold applicable taxes from
any distribution of the Common Stock (including, but not limited to, Dividend Equivalents) or from other cash compensation payable to the Participant at the time of such vesting and delivery pursuant to Section 11 of the Plan (but subject to
compliance with the requirements of Section 409A, if applicable). 
 15. Compliance with Recoupment Policy. Any
amounts payable, paid, or distributed under this Award Agreement are subject to the recoupment policy of the Company as in effect from time to time. 
 16. Modification of Award Agreement. Any modification of this Award Agreement is subject to Section 13 hereof and shall be binding only if evidenced in writing and signed by an authorized
representative of the Company. 

  
 8

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