Document:

EX-4.8

 Exhibit 4.8 

DOMINION ENERGY, INC. 
 Issuer 

AND 
 DEUTSCHE BANK TRUST COMPANY
AMERICAS 
 Trustee 
  

 
 Thirteenth
Supplemental Indenture 
 Dated as of December 1, 2017 

 
  

$300,000,000 
 2017 Series E
Floating Rate Senior Notes 
 due 2020 

 TABLE OF CONTENTS1 

 

									
	ARTICLE I 2017 SERIES E FLOATING RATE SENIOR NOTES DUE 2020	 
				
		 	SECTION 101	  	Establishment	  	 	1	 
		 	SECTION 102	  	Definitions	  	 	2	 
		 	SECTION 103	  	Payment of Principal and Interest	  	 	5	 
		 	SECTION 104	  	Denominations	  	 	6	 
		 	SECTION 105	  	Global Securities	  	 	6	 
		 	SECTION 106	  	Redemption	  	 	7	 
		 	SECTION 107	  	Sinking Fund; Conversion	  	 	7	 
		 	SECTION 108	  	Additional Interest on Overdue Amounts	  	 	7	 
		 	SECTION 109	  	Paying Agent; Security Registrar	  	 	7	 
	
	ARTICLE II TRANSFER AND EXCHANGE	 
				
		 	SECTION 201	  	Transfer and Exchange of Global Securities	  	 	7	 
		 	SECTION 202	  	Restricted Legend	  	 	7	 
		 	SECTION 203	  	Removal of Restricted Legend	  	 	9	 
		 	SECTION 204	  	Registration of Transfer or Exchange	  	 	9	 
		 	SECTION 205	  	Preservation of Information	  	 	10	 
		 	SECTION 206	  	Acknowledgment of Restrictions; Indemnification; No Obligation of Trustee	  	 	10	 
	
	ARTICLE III MISCELLANEOUS PROVISIONS	 
				
		 	SECTION 301	  	Ratification and Incorporation of Base Indenture	  	 	11	 
		 	SECTION 302	  	Executed in Counterparts	  	 	11	 
		 	SECTION 303	  	Assignment	  	 	11	 
		 	SECTION 304	  	Trustee’s Disclaimer	  	 	11	 

  

	1 	This Table of Contents does not constitute part of the Indenture or have any bearing upon the interpretation of any of its terms and provisions. 

 THIS THIRTEENTH SUPPLEMENTAL INDENTURE is made as of the 1st day of December, 2017, by and
between DOMINION ENERGY, INC. (formerly Dominion Resources, Inc.), a Virginia corporation, having its principal office at 120 Tredegar Street, Richmond, Virginia 23219 (the “Company” or “Issuer”), and DEUTSCHE BANK TRUST COMPANY
AMERICAS, a New York banking corporation, as Trustee, having a corporate trust office at 60 Wall Street, 16th Floor, New York, New York 10005 (herein called the “Trustee”). 

W I T N E S S E T H: 
 WHEREAS,
the Company has heretofore entered into an Indenture dated as of June 1, 2015, between the Company and the Trustee (as amended, restated or otherwise modified, the “Base Indenture”) with respect to senior debt securities; 

WHEREAS, the Base Indenture is incorporated herein by this reference and the Base Indenture, as heretofore supplemented, as further
supplemented by this Thirteenth Supplemental Indenture, and as may be hereafter supplemented or amended from time to time, is herein called the “Indenture”; 

WHEREAS, under the Base Indenture, a new series of Securities may at any time be established in accordance with the provisions of the Base
Indenture and the terms of such series may be described by a supplemental indenture executed by the Company and the Trustee; 
 WHEREAS, the
Company proposes to create under the Indenture a new series of Securities; 
 WHEREAS, additional Securities of other series hereafter
established, except as may be limited in the Base Indenture as at the time supplemented and modified, may be issued from time to time pursuant to the Indenture as at the time supplemented and modified; and 

WHEREAS, all conditions necessary to authorize the execution and delivery of this Thirteenth Supplemental Indenture and to make it a valid and
binding obligation of the Company have been done or performed. 
 NOW, THEREFORE, in consideration of the agreements and obligations set
forth herein and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 

ARTICLE I 
 2017 SERIES E
FLOATING RATE SENIOR NOTES DUE 2020 
 SECTION 101    Establishment. There is hereby established a new series
of Securities to be issued under the Indenture, to be designated as the Company’s 2017 Series E Floating Rate Senior Notes due 2020 (the “Series E Senior Notes”). 

There are to be authenticated and delivered $300,000,000 principal amount of Series E Senior Notes, and such principal amount of the Series E
Senior Notes may be increased from time to time pursuant to the penultimate paragraph of Section 301 of the Base Indenture. All Series E Senior Notes need not be issued at the same time and such series may be reopened at

 
any time, without the consent of any Holder, for issuances of additional Series E Senior Notes. Any such additional Series E Senior Notes will have the same interest rate, maturity and other
terms as those initially issued, and shall be consolidated with and part of the same series of Series E Senior notes initially issued under this Thirteenth Supplemental Indenture. Further Series E Senior Notes may also be authenticated and delivered
as provided by Sections 304, 305, 306, 905 or 1107 of the Base Indenture. 
 The Series E Senior Notes shall be issued as Registered
Securities in global form without coupons, in substantially the form set out in Exhibit A hereto. The entire initially issued principal amount of the Series E Senior Notes shall initially be evidenced by one or more certificates issued to
Cede & Co., as nominee for The Depository Trust Company. 
 The form of the Trustee’s Certificate of Authentication for the
Series E Senior Notes shall be in substantially the form set forth in Exhibit A hereto. 
 Each Series E Senior Note shall be dated
the date of authentication thereof and shall bear interest from the date of original issuance thereof or from the most recent Interest Payment Date to which interest has been paid or duly provided for. 

SECTION 102    Definitions. The following defined terms used herein shall, unless the context otherwise requires,
have the meanings specified below. Capitalized terms used herein for which no definition is provided herein shall have the meanings set forth in the Base Indenture. Unless the context otherwise requires, any references to a “Section”
refers to a Section of this Thirteenth Supplemental Indenture. 
 “Business Day” means a day other than (i) a Saturday or a
Sunday, (ii) a day on which banks in New York, New York are authorized or obligated by law or executive order to remain closed or (iii) a day on which the Corporate Trust Office is closed for business. 

“Calculation Agent” means Deutsche Bank Trust Company Americas, a New York banking corporation, or its successor appointed by the
Company, acting as calculation agent. 
 “Depositary” has the meaning set forth in Section 105. 

“Distribution Compliance Period” has the meaning set forth in Section 204. 

“Interest Payment Dates” means March 1, June 1, September 1 and December 1 of each year, commencing on
March 1, 2018. 
 “LIBOR Business Day” means any Business Day on which dealings in deposits in U.S. Dollars are transacted in
the London Inter-Bank Market. 
 “LIBOR Interest Determination Date” means the second LIBOR Business Day preceding each LIBOR Rate
Reset Date. 
 “LIBOR Rate Reset Date” means, subject to Section 103, the
1st day of the months of March, June, September and December of each year commencing on March 1, 2018. 

  
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 “Original Issue Date” means December 8, 2017. 

“Outstanding,” when used with respect to the Series E Senior Notes, means, as of the date of determination, all Series E Senior
Notes theretofore authenticated and delivered under the Indenture, except: 
 (i)    Series E Senior Notes theretofore
canceled by the Trustee or delivered to the Trustee for cancellation; 
 (ii)    Series E Senior Notes for whose payment
at the Maturity thereof money in the necessary amount has been theretofore deposited (other than pursuant to Section 402 of the Base Indenture) with the Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated
in trust by the Company (if the Company shall act as its own Paying Agent) for the Holders of such Series E Senior Notes; 

(iii)    Series E Senior Notes with respect to which the Company has effected defeasance or covenant defeasance pursuant
to Section 402 of the Base Indenture, except to the extent provided in Section 402 of the Base Indenture; and 

(iv)    Series E Senior Notes that have been paid pursuant to Section 306 of the Base Indenture or in exchange for or
in lieu of which other Series E Senior Notes have been authenticated and delivered pursuant to the Indenture, other than any such Series E Senior Notes in respect of which there shall have been presented to the Trustee proof satisfactory to it that
such Series E Senior Notes are held by a bona fide purchaser in whose hands such Series E Senior Notes are valid obligations of the Company; provided, however, that in determining whether the Holders of the requisite principal amount of Outstanding
Series E Senior Notes have given any request, demand, authorization, direction, notice, consent or waiver under the Indenture or are present at a meeting of Holders of Series E Senior Notes for quorum purposes, Series E Senior Notes owned by the
Company or any other obligor upon the Series E Senior Notes or any Affiliate of the Company or such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in making any
such determination or relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Series E Senior Notes which a Responsible Officer of the Trustee actually knows to be so owned shall be so disregarded. Series E
Senior Notes so owned which shall have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee (a) the pledgee’s right so to act with respect to such Series E Senior Notes and
(b) that the pledgee is not the Company or any other obligor upon the Series E Senior Notes or an Affiliate of the Company or such other obligor. 

“QIB” means a “qualified institutional buyer” as defined in Rule 144A. 

“Regular Record Date” means, with respect to each Interest Payment Date, the close of business on the Business Day preceding such
Interest Payment Date; provided, that with respect to Series E Senior Notes that are not represented by one or more Global Securities, the Regular Record Date shall be the close of business on the fifteenth (15th) calendar day (whether or not a
Business Day) preceding such Interest Payment Date. 
 “Regulation S” means Regulation S promulgated under the Securities Act.

  
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 “Regulation S Global Security” has the meaning set forth in Section 105. 

“Restricted Legend” has the meaning set forth in Section 202. 

“Restricted Security” has the meaning set forth in Section 202. 

“Reuters Page LIBOR01” means the display so designated on the Reuters 3000 Xtra (or such other page as may replace that page on that
service, or such other service as may be nominated by the Company, for the purpose of displaying rates or prices comparable to the London Inter-Bank Offered Rate for U.S. Dollar deposits). 

“Rule 144A” means Rule 144A promulgated under the Securities Act. 

“Rule 144A Global Security” has the meaning set forth in Section 105. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Series E Senior Notes” has the meaning set forth in Section 101. 

“Stated Maturity” means December 1, 2020. 

“Three Month LIBOR Rate” means the rate determined in accordance with the following provisions: 

(i)    On the LIBOR Interest Determination Date, the Calculation Agent or its affiliate will determine the Three Month
LIBOR Rate which shall be the rate for deposits in U.S. Dollars having a three-month maturity which appears on Reuters Page LIBOR01 as of 11:00 a.m., London time, on the LIBOR Interest Determination Date. 

(ii)    If no rate appears on Reuters Page LIBOR01 on the LIBOR Interest Determination Date, the Calculation Agent will
request the principal London offices of each of four major reference banks (which may include affiliates of the underwriters) in the London Inter-Bank Market selected by the Calculation Agent (after consultation with the Company) to provide the
Calculation Agent with their offered quotations for deposits in U.S. Dollars for the period of three months, commencing on the applicable LIBOR Rate Reset Date, to prime banks in the London Inter-Bank Market at approximately 11:00 a.m., London time,
on that LIBOR Interest Determination Date and in a principal amount that is representative for a single transaction in U.S. Dollars in that market at that time. 

If at least two quotations are provided, then the Three Month LIBOR Rate will be the average (rounded, if necessary, to the nearest one
hundredth (0.01) of a percent) of those quotations. If fewer than two quotations are provided, then the Three Month LIBOR Rate will be the average (rounded, if necessary, to the nearest one hundredth (0.01) of a percent) of the rates quoted at
approximately 11:00 a.m., New York City time, on the LIBOR Interest Determination Date by three major banks (which may include affiliates of the underwriters) in New York City selected by the Calculation Agent (after consultation with the Company)
for loans in U.S. Dollars to leading European banks, having a three-month maturity and in a principal amount that is representative for a single transaction in U.S. Dollars in that market at 

  
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that time. If the banks selected by the Calculation Agent are not providing quotations in the manner described by this paragraph, the rate for the period following the LIBOR Interest
Determination Date will be the rate in effect on that LIBOR Interest Determination Date. 
 The terms “Company,”
“Issuer,” “Trustee,” “Base Indenture,” and “Indenture” shall have the respective meanings set forth in the recitals to this Thirteenth Supplemental Indenture and the paragraph preceding such recitals. 

SECTION 103    Payment of Principal and Interest. The principal of the Series E Senior Notes shall be due at the
Stated Maturity. The unpaid principal amount of the Series E Senior Notes shall bear interest at a floating rate per annum determined by the Calculation Agent as described below, until paid or duly provided for, such interest to accrue from the
Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date to the Person in whose name the Series E Senior Notes
are registered on the Regular Record Date for such Interest Payment Date; provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or
duly provided for will forthwith cease to be payable to the Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series E Senior Notes are registered at the close of business on a Special Record Date
for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series E Senior Notes not less than ten (10) days prior to such
Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series E Senior Notes may be listed, and upon such notice as may be required by any such
exchange, all as more fully provided in the Base Indenture. 
 The per annum interest rate on the Series E Senior Notes will be equal to the
Three Month LIBOR Rate plus 40 basis points (0.40%); provided that the per annum interest rate for the period from the Original Issue Date to the first LIBOR Rate Reset Date will be 1.52263% per annum (the “Initial Interest Rate”).
The per annum interest rate shall be reset on each LIBOR Rate Reset Date. 
 If any LIBOR Rate Reset Date falls on a day that is not a
Business Day, the LIBOR Rate Reset Date will be postponed to the next day that is a Business Day, except that if that Business Day is in the next succeeding calendar month, the LIBOR Rate Reset Date will be the next preceding Business Day. The
interest rate in effect on any LIBOR Rate Reset Date will be the applicable rate as reset on that date. The interest rate applicable to any other day will either be the Initial Interest Rate or the interest rate as reset on the immediately preceding
LIBOR Rate Reset Date. 
 Payments of interest on the Series E Senior Notes will include interest accrued to but excluding the respective
Interest Payment Dates. Interest payments for the Series E Senior Notes shall be computed and paid on the basis the actual number of days in the relevant quarterly period (including the first day of the quarterly period and excluding the last day of
the quarterly period) divided by 360. If any Interest Payment Date, other than the Stated Maturity, falls on a day that is not a Business Day, the Interest Payment Date will be postponed to the next day that

  
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is a Business Day, except that if that Business Day is in the next succeeding calendar month, the Interest Payment Date will be the immediately preceding Business Day. If the Stated Maturity
falls on a day that is not a Business Day, the payment of interest and principal will be made on the next succeeding Business Day, and no interest on such payment will accrue for the period from and after the Stated Maturity. 

Accrued interest on any Series E Senior Note will be calculated by multiplying the principal amount of the Series E Senior Note by an accrued
interest factor. The accrued interest factor will be computed by adding the interest factors calculated for each day in the period for which interest is being paid. The interest factor for each day is computed by dividing the interest rate
applicable to that day by 360. 
 Payment of the principal and interest on the Series E Senior Notes shall be made at the office of the
Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series E Senior Notes, or upon
repurchase being made upon surrender of such Series E Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company,
(i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be
designated in writing to the Trustee at least sixteen (16) days prior to the date for payment by the Person entitled thereto. 

SECTION 104    Denominations. The Series E Senior Notes may be issued in denominations of $2,000, or any greater
integral multiple of $1,000. 
 SECTION 105    Global Securities. The Series E Senior Notes offered and sold to
QIBs in reliance on Rule 144A will be initially issued in the form of one or more Global Securities (the “Rule 144A Global Security”), and the Series E Senior Notes offered and sold in offshore transactions to non-U.S. persons in reliance on Regulation S will be initially issued in the form of one or more Global Securities (the “Regulation S Global Security”), in each case registered in the name of the
Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series E Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be
issuable as, Series E Senior Notes in definitive form registered in names other than the Depositary or its nominee. The Global Securities described above may not be transferred except by the Depositary to a nominee of the Depositary or by a nominee
of the Depositary to the Depositary or another nominee of the Depositary or to a successor Depositary or its nominee. 
 Owners of
beneficial interests in such a Global Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series E Senior Note shall be exchangeable, except for another Global Security of
like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee or except as described below. The rights of Holders of such Global Security shall be exercised only through the
Depositary. 

  
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 A Global Security shall be exchangeable for Series E Senior Notes registered in the names of
persons other than the Depositary or its nominee only if (i) the Depositary notifies the Company that it is unwilling or unable to continue as a Depositary for such Global Security and no successor Depositary shall have been appointed by the
Company within ninety (90) days of receipt by the Company of such notification, or if at any time the Depositary ceases to be a clearing agency registered under the Exchange Act at a time when the Depositary is required to be so registered to
act as such Depositary and no successor Depositary shall have been appointed by the Company within ninety (90) days after it becomes aware of such cessation, (ii) the Company in its sole discretion, and subject to the procedures of the
Depositary, determines that such Global Security shall be so exchangeable, in which case Series E Senior Notes in definitive form will be printed and delivered to the Depositary, or (iii) an Event of Default has occurred and is continuing with
respect to the Series E Senior Notes. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Series E Senior Notes registered in such names as the Depositary shall direct. 

SECTION 106    Redemption. The Series E Senior Notes shall not be redeemable at any time prior to the Stated
Maturity. 
 SECTION 107    Sinking Fund; Conversion. The Series E Senior Notes shall not have a sinking fund.
The Series E Senior Notes are not convertible into or exchangeable for Equity Securities or any other securities. 
 SECTION
108    Additional Interest on Overdue Amounts. Any principal of and installment of interest on the Series E Senior Notes that is overdue shall bear interest at the then applicable interest rate (to the extent that the
payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand. 

SECTION 109    Paying Agent; Security Registrar. The Trustee shall initially serve as Paying Agent and Security
Registrar with respect to the Series E Senior Notes, with the Place of Payment initially being the Corporate Trust Office. The Company may change the Paying Agent or Security Registrar without prior notice to Holders of the Series E Senior Notes,
and the Company or any of its subsidiaries may act as Paying Agent or Security Registrar. 
 ARTICLE II 

TRANSFER AND EXCHANGE 

SECTION 201    Transfer and Exchange of Global Securities. The transfer and exchange of beneficial interests in the
Global Securities shall be effected through the Depositary, in accordance with this Thirteenth Supplemental Indenture (including applicable restrictions on transfer set forth herein, if any) and the procedures of the Depositary therefor. 

SECTION 202    Restricted Legend. Except as otherwise provided in Section 203 and as indicated on Exhibit
A, each Series E Senior Note (each a “Restricted Security”) shall bear the following legend (the “Restricted Legend”) on the face thereof: 

THIS SERIES E SENIOR NOTE (OR ITS PREDECESSOR) WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE UNITED

  
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STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THIS SERIES E SENIOR NOTE MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR
AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THIS SERIES E SENIOR NOTE IS HEREBY NOTIFIED THAT THE SELLER OF THIS SERIES E SENIOR NOTE MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE
144A THEREUNDER. 
 THE HOLDER OF THIS SERIES E SENIOR NOTE AGREES FOR THE BENEFIT OF THE COMPANY THAT (A) THIS SERIES E SENIOR NOTE
MAY BE OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (I) IN THE UNITED STATES TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) IN A TRANSACTION
MEETING THE REQUIREMENTS OF RULE 144A, (II) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH RULE 904 UNDER THE SECURITIES ACT, (III) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY
RULE 144 THEREUNDER (IF AVAILABLE), (IV) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, OR (V) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” (AS DEFINED IN RULE 501(A)(1), (2), (3) OR (7) OF REGULATION
D UNDER THE SECURITIES ACT) THAT IS ACQUIRING THE NOTE FOR ITS OWN ACCOUNT, OR FOR THE ACCOUNT OF SUCH AN INSTITUTIONAL “ACCREDITED INVESTOR” FOR INVESTMENT PURPOSES AND NOT WITH A VIEW TO, OR FOR OFFER OR SALE IN CONNECTION WITH, ANY
DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, IN EACH OF CASES (I) THROUGH (V) IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES, AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO,
NOTIFY ANY PURCHASER OF THIS SERIES E SENIOR NOTE FROM IT OF THE RESALE RESTRICTIONS REFERRED TO IN CLAUSE (A) ABOVE. 
 THE HOLDER
AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SERIES E SENIOR NOTE OR AN INTEREST HEREIN IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. 

THE HOLDER AGREES THAT, BEFORE THE HOLDER OFFERS, SELLS OR OTHERWISE TRANSFERS THIS SERIES E SENIOR NOTE, THE COMPANY MAY REQUIRE THE HOLDER
OF THIS SERIES E SENIOR NOTE TO DELIVER A WRITTEN OPINION, CERTIFICATIONS AND/OR OTHER INFORMATION THAT IT REASONABLY REQUIRES TO CONFIRM THAT SUCH PROPOSED TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE
UNITED STATES. 
 AS USED IN THIS SERIES E SENIOR NOTE, THE TERMS “OFFSHORE TRANSACTION,” “U.S. PERSON” AND “UNITED
STATES” HAVE THE MEANINGS GIVEN TO THEM BY RULE 902 OF REGULATION S UNDER THE SECURITIES ACT. 

  
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 SECTION 203    Removal of Restricted Legend. The Company may instruct
the Trustee in writing to cancel any Series E Senior Note and, upon receipt of a Company Order, authenticate a replacement Series E Senior Note, registered in the name of the Holder thereof (or its transferee), that does not bear the Restricted
Legend, and the Trustee will comply with such instruction, if the Company determines (upon the advice of counsel and such other certifications and evidence as the Company may reasonably require) that a Series E Senior Note is eligible for resale
pursuant to Rule 144 under the Securities Act (or a successor provision) and that the Restricted Legend is no longer necessary or appropriate in order to ensure that subsequent transfers of such Series E Senior Note (or a beneficial interest
therein) are effected in compliance with the Securities Act; provided, however, that in such circumstances, the Trustee shall require an Opinion of Counsel and an Officers’ Certificate prior to authenticating any such replacement Series E
Senior Note. 
 SECTION 204    Registration of Transfer or Exchange. The registration of transfer or exchange of
any Series E Senior Note (or a beneficial interest therein) that bears the Restricted Legend may only be made in compliance with the provisions of the Restricted Legend and as set forth below. 

(i)    Prior to and including the fortieth (40th) day after the later of the commencement of the offering of the Series E
Senior Notes and the Original Issue Date (such period through and including such fortieth (40th) day, the “Distribution Compliance Period”), transfers by an owner of a beneficial interest in a Regulation S Global Security to a transferee
who takes delivery of such interest through a Rule 144A Global Security of that series will be made only upon receipt by the Trustee of a written certification from the transferor of the beneficial interest to the effect that such transfer is being
made to a Person whom the transferor reasonably believes is purchasing for its own account or accounts as to which it exercises sole investment discretion and is a QIB in a transaction meeting the requirements of Rule 144A and the requirements of
applicable securities laws of any state of the United States or any other jurisdiction. 
 (ii)    Transfers by an owner
of a beneficial interest in the Rule 144A Global Security to a transferee who takes delivery through the Regulation S Global Security of that series, whether before or after the expiration of the Distribution Compliance Period, will be made only
upon receipt by the Trustee of a certification from the transferor to the effect that such transfer is being made in accordance with Rule 904 of Regulation S or Rule 144 under the Securities Act and that, if such transfer is being made prior to the
expiration of the Distribution Compliance Period, the interest transferred will be held immediately thereafter through Euroclear Bank SA/NV, as operator of the Euroclear System or Clearstream Banking, société anonyme, Luxembourg. 

(iii)    Any beneficial interest in one of the Global Securities that is transferred to a Person who takes delivery in the
form of an interest in another Global Security of that series will, upon transfer, cease to be an interest in the initial Global Security of that series and will become an interest in the other Global Security of that series and, accordingly, will
thereafter be subject to all transfer restrictions, if any, and other procedures applicable to beneficial interests in such other Global Security of that series for as long as it remains such an interest. 

  
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 SECTION 205    Preservation of Information. The Trustee will retain
copies of all certificates, opinions and other documents received in connection with the registration of transfer or exchange of a Series E Senior Note (or a beneficial interest therein) in accordance with its customary policy, and the Company will
have the right to request copies thereof at any reasonable time upon written notice to the Trustee. 
 SECTION
206    Acknowledgment of Restrictions; Indemnification; No Obligation of Trustee. By its acceptance of any Series E Senior Note bearing the Restricted Legend, each Holder of such a Series E Senior Note acknowledges the
restrictions on registrations of transfer or exchange of such Series E Senior Note set forth in this Thirteenth Supplemental Indenture and in the Restricted Legend and agrees that it will register the transfer or exchange of such Series E Senior
Note only as provided in this Thirteenth Supplemental Indenture. The Security Registrar shall not register a transfer or exchange of any Series E Senior Note unless such transfer or exchange complies with the restrictions on transfer or
exchange of such Series E Senior Note set forth in this Thirteenth Supplemental Indenture. In connection with any registration of transfer or exchange of Series E Senior Notes, each Holder agrees by its acceptance of the Series E Senior Notes
to furnish the Security Registrar or the Company such certifications, legal opinions or other information as either of them may reasonably require to confirm that such registration of transfer or exchange is being made pursuant to an exemption from,
or a transaction not subject to, the registration requirements of the Securities Act; provided that the Security Registrar shall not be required to determine (but may rely on a determination made by the Company with respect to) the sufficiency of
any such certifications, legal opinions or other information. 
 The Security Registrar shall retain copies of all letters, notices and
other written communications received pursuant to the Indenture in accordance with its customary policy. The Company shall have the right to request copies of all such letters, notices or other written communications at any reasonable time upon the
giving of written notice to the Security Registrar. 
 Each Holder of a Series E Senior Note agrees to indemnify the Company, the Security
Registrar and the Trustee against any liability that may result from the transfer, exchange or assignment of such Holder’s Series E Senior Note in violation of any provision of this Thirteenth Supplemental Indenture and/or applicable United
States Federal or state securities law. 
 The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance
with any restrictions on transfer or exchange imposed under this Thirteenth Supplemental Indenture or under applicable law with respect to any registrations of transfer or exchange of any interest in any Series E Senior Note (including any transfers
between or among members of, or participants in, the Depositary or beneficial owners of interests in any Global Security) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do
so if and when expressly required by the terms of, this Thirteenth Supplemental Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

  
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 ARTICLE III 

MISCELLANEOUS PROVISIONS 

SECTION 301    Ratification and Incorporation of Base Indenture. As supplemented hereby, the Base Indenture is in
all respects ratified and confirmed by the Company. The Base Indenture and this Thirteenth Supplemental Indenture shall be read, taken and construed as one and the same instrument. 

SECTION 302    Executed in Counterparts. This Thirteenth Supplemental Indenture may be executed in several
counterparts, each of which shall be deemed to be an original, and such counterparts shall together constitute but one and the same instrument. The exchange of copies of this Thirteenth Supplemental Indenture and of signature pages by facsimile or
PDF transmission shall constitute effective execution and delivery of this Thirteenth Supplemental Indenture as to the parties hereto and may be used in lieu of the original, manually executed Thirteenth Supplemental Indenture for all purposes.
Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. 

SECTION 303    Assignment. The Company shall have the right at all times to assign any of its rights or obligations
under the Indenture with respect to the Series E Senior Notes to a direct or indirect wholly owned subsidiary of the Company; provided that, in the event of any such assignment, the Company shall remain primarily liable for the performance of all
such obligations. The Indenture may also be assigned by the Company in connection with a transaction described in Article VIII of the Base Indenture. 

SECTION 304    Trustee’s Disclaimer. All of the provisions contained in the Base Indenture in
respect of the rights, powers, privileges, protections, duties and immunities of the Trustee, including without limitation its right to be indemnified, shall be applicable in respect of the Series E Senior Notes and of this Thirteenth Supplemental
Indenture as fully and with like effect as if set forth herein in full. The Trustee accepts the amendments of the Indenture effected by this Thirteenth Supplemental Indenture, but on the terms and conditions set forth in the Indenture, including the
terms and provisions defining and limiting the liabilities and responsibilities of the Trustee. Without limiting the generality of the foregoing, the Trustee shall not be responsible in any manner whatsoever for or with respect to any of the
recitals or statements contained herein, all of which recitals or statements are made solely by the Company, or for or with respect to (i) the validity or sufficiency of this Thirteenth Supplemental Indenture or any of the terms or provision
hereof, (ii) the proper authorization hereof by the Company by action or otherwise, (iii) the due execution hereof by the Company, or (iv) the consequences of any amendment herein provided for, and the Trustee makes no representation
with respect to any such matters. 
 [Signature Page Follows] 

  
 11 

 IN WITNESS WHEREOF, each party hereto has caused this instrument to be signed in its name and
behalf by its duly authorized officer, all as of the day and year first above written. 
  

			
	DOMINION ENERGY, INC.
		
	By:	 	 /s/ James R. Chapman

	Name:	 	James R. Chapman
	Title:	 	Senior Vice President – Mergers &
		 	Acquisitions and Treasurer
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Trustee
		
	By:	 	 /s/ Carol Ng

	Name:	 	Carol Ng
	Title:	 	Vice President
		
	By:	 	 /s/ James Briggs

	Name:	 	James Briggs
	Title:	 	Vice President

  
 12 

 EXHIBIT A 

FORM OF 
 2017 SERIES E
FLOATING RATE SENIOR NOTE 
 DUE 2020 

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK) TO
THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF [CEDE & CO.] OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY
AND ANY PAYMENT IS MADE TO [CEDE & CO.], ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, [CEDE & CO.], HAS AN INTEREST HEREIN.]** 

[THIS SERIES E SENIOR NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A
DEPOSITARY OR A NOMINEE THEREOF. THIS SERIES E SENIOR NOTE MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SERIES E SENIOR NOTE IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN
SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. EVERY SERIES E SENIOR NOTE AUTHENTICATED AND DELIVERED UPON REGISTRATION OF, TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SERIES E SENIOR
NOTE SHALL BE A GLOBAL SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES.]*** 

[THIS SERIES E SENIOR NOTE (OR ITS PREDECESSOR) WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THIS SERIES E SENIOR NOTE MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THIS
SERIES E SENIOR NOTE IS HEREBY NOTIFIED THAT THE SELLER OF THIS SERIES E SENIOR NOTE MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER.]**** 
 [THE HOLDER OF THIS SERIES E SENIOR NOTE AGREES FOR THE BENEFIT OF THE COMPANY THAT
(A) THIS SERIES E SENIOR NOTE MAY BE OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (I) IN THE UNITED 
  

 

	*** 	Insert in Global Securities. 

	**** 	 Insert in Restricted Securities 

  
 A-1 

 
STATES TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE
144A, (II) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH RULE 904 UNDER THE SECURITIES ACT, (III) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE),
(IV) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, OR (V) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” (AS DEFINED IN RULE 501(A)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT) THAT IS
ACQUIRING THE NOTE FOR ITS OWN ACCOUNT, OR FOR THE ACCOUNT OF SUCH AN INSTITUTIONAL “ACCREDITED INVESTOR” FOR INVESTMENT PURPOSES AND NOT WITH A VIEW TO, OR FOR OFFER OR SALE IN CONNECTION WITH, ANY DISTRIBUTION IN VIOLATION OF THE
SECURITIES ACT, IN EACH OF CASES (I) THROUGH (V) IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES, AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY PURCHASER OF THIS SERIES E
SENIOR NOTE FROM IT OF THE RESALE RESTRICTIONS REFERRED TO IN CLAUSE (A) ABOVE.]*** 
 [THE HOLDER AGREES THAT IT WILL DELIVER TO EACH
PERSON TO WHOM THIS SERIES E SENIOR NOTE OR AN INTEREST HEREIN IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.]*** 

[THE HOLDER AGREES THAT, BEFORE THE HOLDER OFFERS, SELLS OR OTHERWISE TRANSFERS THIS SERIES E SENIOR NOTE, THE COMPANY MAY REQUIRE THE HOLDER
OF THIS SERIES E SENIOR NOTE TO DELIVER A WRITTEN OPINION, CERTIFICATIONS AND/OR OTHER INFORMATION THAT IT REASONABLY REQUIRES TO CONFIRM THAT SUCH PROPOSED TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE
UNITED STATES.]*** 
 [AS USED IN THIS SERIES E SENIOR NOTE, THE TERMS “OFFSHORE TRANSACTION,” “U.S. PERSON” AND
“UNITED STATES” HAVE THE MEANINGS GIVEN TO THEM BY RULE 902 OF REGULATION S UNDER THE SECURITIES ACT.]*** 

  
 A-2 

   

DOMINION ENERGY, INC. 

 
 [Up to]** 

$[            ] 

2017 SERIES E FLOATING RATE SENIOR NOTE 

DUE 2020 
  

			
	No. R-	 	CUSIP No.                         

 Dominion Energy, Inc. (formerly Dominion Resources, Inc.), a corporation duly organized and existing under the
laws of Virginia (herein called the “Company” or “Issuer”, which terms include any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to [Cede & Co.]**, or
registered assigns (the “Holder”), the principal sum [of                          Dollars
($            )] [subject to the increases and decreases set forth in Schedule I hereto]** on December 1, 2020 and to pay interest thereon from December 8, 2017 or from the
most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly in arrears on March 1, June 1, September 1 and December 1 of each year, commencing on March 1, 2018, at a floating rate per
annum determined by Deutsche Bank Trust Company Americas, or its successors as calculation agent (the “Calculation Agent”) in accordance with the procedures referred to herein, until the principal hereof is paid or made available for
payment, provided that any principal, and any such installment of interest, that is overdue shall bear interest at the then applicable interest rate (to the extent that the payment of such interest shall be legally enforceable), from the dates such
amounts are due until they are paid or made available for payment, and such interest shall be payable on demand. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture
referred to on the reverse hereof, be paid to the Person in whose name this Series E Senior Note (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest; provided that the interest
payable at Stated Maturity will be paid to the Person to whom principal is payable. The Regular Record Date shall be the close of business on the Business Day preceding such Interest Payment Date; provided, that with respect to Series E Senior Notes
that are not represented by one or more Global Securities, the Regular Record Date shall be the close of business on the fifteenth (15th) calendar day (whether or not a Business Day) preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Series E Senior Note (or one or more Predecessor Securities) is registered at
the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Series E Senior Notes not less than ten (10) days prior to such Special Record
Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Series E Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully
provided in the Indenture. 
 The per annum interest rate on the Series E Senior Notes will be equal to the Three Month LIBOR Rate plus 40
basis points (0.40%); provided that the per annum interest rate for 

  
 A-3 

 
the period from the Original Issue Date to the first LIBOR Rate Reset Date will be 1.52263% per annum (the “Initial Interest Rate”). The per annum interest rate shall be reset on each
LIBOR Rate Reset Date. 
 If any LIBOR Rate Reset Date falls on a day that is not a Business Day, the LIBOR Rate Reset Date will be
postponed to the next day that is a Business Day, except that if that Business Day is in the next succeeding calendar month, the LIBOR Rate Reset Date will be the next preceding Business Day. The interest rate in effect on any LIBOR Rate Reset Date
will be the applicable rate as reset on that date. The interest rate applicable to any other day will either be the Initial Interest Rate or the interest rate as reset on the immediately preceding LIBOR Rate Reset Date. 

Payments of interest on the Series E Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates.
Interest payments for the Series E Senior Notes shall be computed and paid on the basis of the actual number of days in the relevant quarterly period (including the first day of the quarterly period and excluding the last day of the quarterly
period) divided by 360. In the event that any date on which interest is payable on the Series E Senior Notes is not a Business Day, then payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and
without any interest or payment in respect of any such delay), except that if that business day is in the next succeeding calendar month, the Interest Payment Date will be the immediately preceding business day, in each case with the same force and
effect as if made on the date the payment was originally payable. 
 Payment of the principal of and interest on this Series E Senior Note
will be made at the office of the Paying Agent, in the Borough of Manhattan, City and State of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with
any such payment that is due at the Stated Maturity of any Series E Senior Note, or upon repurchase being made upon surrender of such Series E Senior Note to such office or agency; provided, however, that at the option of the Company payment of
interest, subject to such surrender where applicable, may be made (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such
account at a banking institution in the United States as may be designated in writing to the Trustee at least sixteen (16) days prior to the date for payment by the Person entitled thereto. 

Reference is hereby made to the further provisions of this Series E Senior Note set forth on the reverse hereof, which further provisions
shall for all purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been
executed by the Trustee referred to on the reverse hereof by manual signature, this Series E Senior Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

  
 A-4 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	DOMINION ENERGY, INC.

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated therein referred to in the within-mentioned
Indenture. 
  

			
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Trustee

 
			
		
	By:	 	  

		 	Authorized Signatory
	Dated:	 	

  
 A-5 

 [REVERSE OF 2017 SERIES E FLOATING RATE SENIOR NOTE] 

This Security is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be
issued in one or more series under an Indenture dated as of June 1, 2015 (the “Base Indenture”), between the Company and Deutsche Bank Trust Company Americas, as Trustee (the “Trustee”), as heretofore supplemented and as
further supplemented by a Thirteenth Supplemental Indenture dated as of December 1, 2017 (the “Thirteenth Supplemental Indenture” and, together with the Base Indenture, as it may be hereafter supplemented or amended from time to time,
the “Indenture,” which term shall have the meaning assigned to it in such instrument), by and between the Company and the Trustee, and reference is hereby made to the Indenture for a statement of the respective rights, limitations of
rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on the
face hereof (the “Series E Senior Notes”) which is unlimited in aggregate principal amount. 
 The Series E Senior Notes are not
redeemable at any time prior to the Stated Maturity. 
 If an Event of Default with respect to Series E Senior Notes shall occur and be
continuing, the principal of the Series E Senior Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and the Trustee for the series of Securities affected, with the consent of the Holders of a majority in
principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time
Outstanding, on behalf of the Holders of all Securities of such series, to waive certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Series E Senior Note shall be conclusive and binding
upon such Holder and upon all future Holders of this Series E Senior Note and of any Series E Senior Note issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is
made upon this Series E Senior Note. 
 As provided in and subject to the provisions of the Indenture, the Holder of this Series E Senior
Note shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of
a continuing Event of Default with respect to the Series E Senior Notes, the Holders of not less than a majority in principal amount of the Series E Senior Notes at the time Outstanding shall have made written request to the Trustee to institute
proceedings in respect of such Event of Default as Trustee and offered the Trustee indemnity or security reasonably satisfactory to it, and the Trustee shall not have received from the Holders of a majority in principal amount of Series E Senior
Notes at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding for sixty (60) days after receipt of such notice, request and offer of indemnity. The

  
 A-6 

 
foregoing shall not apply to any suit instituted by the Holder of this Series E Senior Note for the enforcement of any payment of principal hereof or premium, if any, or interest hereon on or
after the respective due dates expressed or provided for herein. 
 No reference herein to the Indenture and no provision of this Series E
Senior Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of, premium, if any, and interest on this Series E Senior Note at the times, place and rate, and in the
coin or currency, herein prescribed. 
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of
this Series E Senior Note is registrable in the Security Register, upon surrender of this Series E Senior Note for registration of transfer at the office or agency of the Company in any place where the principal of, premium, if any, and interest on
this Series E Senior Note are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in
writing, and thereupon one or more new Series E Senior Notes of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Series E Senior Notes are issuable only in registered form without coupons in denominations of $2,000 and any greater integral multiple of
$1,000. As provided in the Indenture and subject to certain limitations therein set forth, Series E Senior Notes are exchangeable for a like aggregate principal amount of Series E Senior Notes having the same Stated Maturity and of like tenor of any
authorized denominations as requested by the Holder upon surrender of the Series E Senior Note or Series E Senior Notes to be exchanged at the office or agency of the Company. 

No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith. 
 Prior to due presentment of this Series E Senior Note for
registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Series E Senior Note be overdue,
and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 
 All terms used in this Series E
Senior Note that are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

  
 A-7 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according
to applicable laws or regulations: 
  

					
	TEN COM -	  	as tenants in common	  	
			
	TEN ENT -	  	as tenants by the entireties	  	
		
	JT TEN -	  	as joint tenants with rights of survivorship and not as
tenants in common
		
	UNIF GIFT MIN ACT -	  	                                   
                                  Custodian for
		  	(Cust)	  	
			
		  	                                     
                               	  	
		  	(Minor)	  	
			
		  	Under Uniform Gifts to Minors Act of	  	
			
		  	                                     
                               	  	
		  	(State)	  	

 Additional abbreviations may also be used though not on the above list.
                         
  

                          
                                         
                                         
                                         
                                         
                                       

  
 A-8 

 FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto 

                          
                                         
                                         
                                         
                                         
                          . 

(please insert Social Security or other identifying number of assignee) 

                          
                                         
                                         
                                         
                                         
                          . 

                          
                                         
                                         
                                         
                                         
                          . 

                          
                                         
                                         
                                         
                                         
                          . 

PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE OF ASSIGNEE 

the within Series E Senior Note and all rights thereunder, hereby irrevocably constituting and appointing 

                          
                                         
                                         
                                         
                                         
                          . 

                          
                                         
                                         
                                         
                                         
                          . 

                          
                                         
                                         
                                         
                                         
                          . 
  

                          
                                         
                                         
                                         
                                         
                          . 

                          
                                         
                                         
                                         
                                         
                          . 

                          
                                         
                                         
                                         
                                         
                          . 

agent to transfer said Series E Senior Note on the books of the Company, with full power of substitution in the premises. 

Dated:                         
            ,          
  

	
	  

 NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within instrument
in every particular without alteration or enlargement, or any change whatever. 

  
 A-9 

 DOMINION ENERGY, INC. 

2017 SERIES E SENIOR NOTE 

DUE 2020 
 No. R-         
 SCHEDULE I** 

The initial principal amount of this Series E Senior Note is: $         

The following increases or decreases in this Global Security have been made: 
  

									
	 Date of increase or
 decrease and
reason
 for the change in

principal amount
	  	 Amount of decrease

in principal amount
 of this
Global
 Security
	  	 Amount of increase

in principal amount
 of this
Global
 Security
	  	 Principal amount of
this Global Security
following
such
decrease or increase
	  	 Signature of

authorized signatory
 of
Trustee

		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

  
 A-10EX-10.43

 EXHIBIT 10.43 

DOMINION ENERGY, INC. 

2018 PERFORMANCE GRANT PLAN 

1.    Purpose. The purpose of the 2018 Performance Grant Plan (the “Plan”) is to set forth the
terms of 2018 Performance Grants (“Performance Grants”) awarded by Dominion Energy, Inc., a Virginia corporation (the “Company”). This Plan contains the performance goals for the awards, the performance criteria, the target and
maximum amounts payable, and other applicable terms and conditions. 
 2.    Definitions. 

a.    Beneficiary. Means the individual, individuals, entity, entities or the estate of a
Participant entitled to receive the amounts payable under a Performance Grant, if any, upon the Participant’s death. 

b.    Cause. For purposes of this Plan, the term “Cause” will have the meaning assigned to
that term under a Participant’s Employment Continuity Agreement with the Company, as such Agreement may be amended from time to time. 

c.    Committee. Means the Compensation, Governance and Nominating Committee of the board of
directors of the Company (or any successor board committee designated by the board of directors of the Company to administer this Plan). 

d.    Date of Grant. February 1, 2018. 

e.    Disability or Disabled. Means a “disability” as defined under Treasury Regulation Section 1.409A-3(i)(4). The Committee will determine whether or not a Disability exists and its determination will be conclusive and binding on the Participant. 

f.    Dominion Company. Means any corporation or other entity in which the Company owns stock or
other equity possessing at least 50% of the combined voting power of all classes of stock or other equity or which is in a chain of corporations or other entities with the Company in which stock or other equity possessing at least 50% of the
combined voting power of all classes of stock or other equity is owned by one or more other corporations or other entities in the chain. 

g.    Participant. An officer of the Company or a Dominion Company who receives a Performance Grant
on the Date of Grant. 
 h.    Performance Period. The
36-month period beginning on January 1, 2018 and ending on December 31, 2020. 

i.    Price-Earnings Ratio. The closing price of a share of common stock on the last trading day of
the Performance Period divided by the annual operating earnings per share reported for the 12-month period ending on the last day of the Performance Period. 

j.    Retire or Retirement. For purposes of this Plan, the term Retire or Retirement means a
voluntary termination of employment on a date when the Participant is eligible for early or normal retirement benefits under the terms of the Dominion Energy 

 
Pension Plan, or would be eligible if any crediting of deemed additional years of age or service applicable to the Participant under the Company’s Benefit Restoration Plan or New Benefit
Restoration Plan was applied under the Dominion Energy Pension Plan, as in effect at the time of the determination, unless the Company’s Chief Executive Officer in his sole discretion (or, if the Participant is the Company’s Chief
Executive Officer, the Committee in its sole discretion) determines that the Participant’s retirement is detrimental to the Company. 

k.    Target Amount. The dollar amount designated in the written notice to the Participant
communicating the Performance Grant. 
 3.    Performance Grants. A Participant will receive a written
notice of the amount designated as the Participant’s Target Amount for the Performance Grant payable under the terms of this Plan. The actual payout may be from 0% to 200% of the Target Amount, depending on the achievement of the performance
goals. 
 4.    Performance Achievement and Time of Payment. Upon the completion of the Performance
Period, the Committee will determine the final performance goal achievement of each of the performance criteria described in Section 6. The Company will then calculate the final amount of each Participant’s Performance Grant based on such
performance goal achievement. Except as provided in Sections 7(b) or 8, the Committee will determine the time of payout of the Performance Grants, provided that in no event will payment be made later than March 15, 2021. Performance Grants
shall be paid in cash. 
 5.    Forfeiture. Except as provided in Sections 7 and 8, a Participant’s
right to payout of a Performance Grant will be forfeited if the Participant’s employment with the Company or a Dominion Company terminates for any reason before the end of the Performance Period. 

6.    Performance Goals. Payout of Performance Grants will be based on the performance goal achievement of
the performance criteria described in this Section 6 and further defined in Exhibit A. 

a.    TSR Performance. Total Shareholder Return Performance (“TSR Performance”) will
determine fifty percent (50%) of the Target Amount (“TSR Percentage”). TSR Performance is defined in Exhibit A. The percentage of the TSR Percentage that will be paid out, if any, is based on the following table: 

 

					
	 Relative
 TSR Performance

Percentile Ranking
	  	Percentage Payout
of TSR Percentage	 
	 85th or above
	  	 	200	% 
	 50th
	  	 	100	% 
	 25th
	  	 	50	% 
	 Below 25th
	  	 	0	% 

 To the extent that the Company’s Relative TSR Performance ranks in a percentile between
the 25th and 85th percentile in the table above, then the TSR Percentage payout will be interpolated between the corresponding TSR Percentage
payout set forth above. No payment of the TSR Percentage will be made if the Relative TSR Performance is below the 25th percentile, except that a payment of 25% of the TSR Percentage will be made
if the Company’s Relative TSR Performance is below the 25th percentile but its Absolute 

  
 - 2 - 

 
TSR Performance is at least 9%. In addition to the foregoing payments, and regardless of the Company’s Relative TSR Performance, either (but not both) of the following may be earned:
(i) an additional payment of 25% of the TSR Percentage will be made if the Company’s Absolute TSR Performance is at least 10% but less than 15%, and/or if the Company’s Price-Earnings Ratio is at or above the 50th percentile and below the top third of the group of companies (inclusive of the Company) used to measure Relative TSR Performance in accordance with Exhibit A hereto, or (ii) an additional
payment of 50% of the TSR Percentage will be made if the Company’s Absolute TSR Performance is at least 15%, and/or if the Company’s Price-Earnings Ratio is at or above the top third of the group of companies (inclusive of the Company)
used to measure Relative TSR Performance in accordance with Exhibit A hereto (in either case, the “Performance Adder”). The Committee may reduce or eliminate payment of the Performance Adder in its sole discretion. 

The aggregate payments under this Section 6(a) may not exceed 250% of the TSR Percentage. In addition, the overall
percentage payment under the entire Performance Grant may not exceed 200%. 
 b.    ROIC
Performance. Return on Invested Capital Performance (“ROIC Performance”) will determine fifty percent (50%) of the Target Amount (“ROIC Percentage”). ROIC Performance is defined in Exhibit A. The percentage of the ROIC
Percentage that will be paid out, if any, is based on the following table: 
  

					
	 ROIC Performance
	  	Percentage Payout
of ROIC Percentage	 
	 7.16% and above
	  	 	200	% 
	 6.87%
	  	 	100	% 
	 6.55%
	  	 	50	% 
	 Below 6.55%
	  	 	0	% 

  

	 	•	 	To the extent that the Company’s ROIC Performance is greater than 6.55% and less than 6.87%, the ROIC Percentage payout will be interpolated between the applicable Percentage Payout of ROIC Percentage range set
forth above. 

  

	 	•	 	To the extent that the Company’s ROIC Performance is greater than 6.87% and less than 7.16%, the ROIC Percentage payout will be interpolated between the applicable Percentage Payout of ROIC Percentage range set
forth above. 

 7.    Retirement, Involuntary Termination without Cause, Death or Disability. 

a.    Retirement or Involuntary Termination without Cause. Except as provided in Section 8, if
a Participant Retires during the Performance Period or if a Participant’s employment is involuntarily terminated by the Company or a Dominion Company without Cause during the Performance Period, and in either case the Participant would have
been eligible for a payment if the Participant had remained employed until the end of the Performance Period, the Participant will receive a pro-rated payout of the Participant’s Performance Grant equal
to the payment the Participant would have received had the Participant remained employed until the end of the Performance Period multiplied by a fraction, the numerator of which is the number of whole months from the Date of Grant to the first day
of the month coinciding with or immediately following the date of the Participant’s retirement or termination of employment, and the denominator of which is thirty-five (35). Payment will be made after the end of the Performance Period at the
time 

  
 - 3 - 

 
provided in Section 4 based on the performance goal achievement approved by the Committee. If the Participant Retires, however, no payment will be made if the Company’s Chief Executive
Officer in his sole discretion (or, if the Participant is the Company’s Chief Executive Officer, the Committee in its sole discretion) determines that the Participant’s Retirement is detrimental to the Company. 

b.    Death or Disability. If, while employed by the Company or a Dominion Company, a Participant
dies or becomes Disabled during the Performance Period, the Participant or, in the event of the Participant’s death, the Participant’s Beneficiary will receive a lump sum cash payment equal to the product of (i) and (ii) where: 

 

	 	(i)	is the amount that would be paid based on the predicted performance used for determining the compensation cost recognized by the Company for the Participant’s Performance Grant for the latest financial statement
filed with the Company’s Annual Report on Form 10-K or Quarterly Report on Form 10-Q immediately prior to the event; and 

 

	 	(ii)	is a fraction, the numerator of which is the number of whole months from the Date of Grant to the first day of the calendar month coinciding with or immediately following the date of the Participant’s death or
Disability, and the denominator of which is thirty-five (35). 

 Payment under this Section 7(b) will be made as soon as
administratively feasible (and in any event within sixty (60) days) after the date of the Participant’s death or Disability, and the Participant shall not have the right to any further payment under this Agreement. In the event of
the Participant’s death, payment will be made to the Participant’s designated Beneficiary. 

8.    Qualifying Change of Control. Upon a Qualifying Change of Control (as defined in the Company’s
2014 Incentive Compensation Plan, as amended) prior to the end of the Performance Period, provided the Participant has remained continuously employed with the Company or a Dominion Company from the Date of Grant to the date of the Qualifying Change
of Control, the Participant will receive a lump sum cash payment equal to the greater of (i) the Target Amount or (ii) the total payout that would be made at the end of the Performance Period if the predicted performance used for
determining the compensation cost recognized by the Company for the Participant’s Performance Grant for the latest financial statement filed with the Company’s Annual Report on Form 10-K or Quarterly
Report on Form 10-Q immediately prior to the Qualifying Change of Control was the actual performance for the Performance Period (in either case, the “COC Payout Amount”). Payment will be made on or
as soon as administratively feasible following the Qualifying Change of Control date and in no event later than sixty (60) days following the Qualifying Change of Control date. If a Qualifying Change of Control occurs prior to the end of the
Performance Period and after a Participant has Retired or been involuntarily terminated without Cause pursuant to Section 7(a) above, then the Participant will receive a pro-rated payout of the
Participant’s Performance Grant, equal to the COC Payout Amount multiplied by the fraction set forth in Section 7(a) above, with payment occurring in a cash lump sum on or as soon as administratively feasible (but in any event within sixty
(60) days) after the Qualifying Change of Control date. Following any payment under this Section 8, the Participant shall not have the right to any further payment under this Agreement. 

  
 - 4 - 

 9.    Termination for Cause. Notwithstanding any provision of
this Plan to the contrary, if the Participant’s employment with the Company or a Dominion Company is terminated for Cause (as defined by the Employment Continuity Agreement between the Participant and the Company), the Participant will forfeit
all rights to his or her Performance Grant. 
 10.    Clawback of Award Payment. 

a.    Restatement of Financial Statements. If the Company’s financial statements are required
to be restated at any time within a two (2) year period following the end of the Performance Period as a result of fraud or intentional misconduct, the Committee may, in its discretion, based on the facts and circumstances surrounding the
restatement, direct the Company to recover all or a portion of the Performance Grant payout from the Participant if the Participant’s conduct directly caused or partially caused the need for the restatement. 

b.    Fraudulent or Intentional Misconduct. If the Company determines that the Participant has
engaged in fraudulent or intentional misconduct related to or materially affecting the Company’s business operations or the Participant’s duties at the Company, the Committee may, in its discretion, based on the facts and circumstances
surrounding the misconduct, direct the Company to withhold payment, or if payment has been made, to recover all or a portion of the Performance Grant payout from the Participant. 

c.    Recovery of Payout. The Company reserves the right to recover a Performance Grant payout
pursuant to this Section 10 by (i) seeking repayment from the Participant; (ii) reducing the amount that would otherwise be payable to the Participant under another Company benefit plan or compensation program to the extent permitted
by applicable law; (iii) withholding future annual and long-term incentive awards or salary increases; or (iv) taking any combination of these actions. 

d.    No Limitation on Remedies. The Company’s right to recover a Performance Grant payout
pursuant to this Section 10 shall be in addition to, and not in lieu of, actions the Company may take to remedy or discipline a Participant’s misconduct including, but not limited to, termination of employment or initiation of a legal
action for breach of fiduciary duty. 
 e.    Subject to Future Rulemaking. The Performance Grant
payout is subject to any claw back policies the Company may adopt in order to conform to the requirements of Section 954 of the Dodd-Frank Wall Street Reform Act and Consumer Protection Act and resulting rules issued by the Securities and
Exchange Commission or national securities exchanges thereunder and that the Company determines should apply to this Performance Grant Plan. 

11.    Miscellaneous. 

a.    Nontransferability. Except as provided in Section 7(b), a Performance Grant is not
transferable and is subject to a substantial risk of forfeiture until the end of the Performance Period. 

b.    No Right to Continued Employment. A Performance Grant does not confer upon a Participant any
right with respect to continuance of employment by the Company, nor will it interfere in any way with the right of the Company to terminate a Participant’s employment at any time. 

  
 - 5 - 

 c.    Tax Withholding. The Company will withhold
Applicable Withholding Taxes from the payout of Performance Grants. 
 d.    Performance Goal
Adjustments. The Committee may at any time, in its sole discretion, remove or revise any performance goals or other performance objectives for this 2018 Performance Grant Plan. The Committee retains the authority to exercise negative discretion
to reduce payments under this Plan as it deems appropriate. 
 e.    Governing Law. This Plan
shall be governed by the laws of the Commonwealth of Virginia, without regard to its choice of law provisions. 

f.    Binding Effect. This Plan will be binding upon and inure to the benefit of the legatees,
distributes, and personal representatives of Participants and any successors of the Company. 

g.    Section 409A. This Plan and the Performance Grants hereunder are intended to comply with
Section 409A of the Internal Revenue Code of 1986, as amended (“Code Section 409A”), and shall be interpreted to the maximum extent possible in accordance with such intent. To the extent necessary to comply with Code
Section 409A, no payment will be made earlier than six months after a Participant’s termination of employment other than for death if the Performance Grant is subject to Code Section 409A and the Participant is a “specified
employee” (within the meaning of Code Section 409A(a)(2)(B)(i)). 

h.    Administration. The Plan shall be administered by the Committee, which shall have all of the
applicable powers and authority set forth in Section 19 of the Company’s 2014 Incentive Compensation Plan with respect to this Plan and the Performance Grants awarded hereunder, the terms of which are incorporated by reference herein. 

i.    Termination and Amendment. The Committee may amend the Plan and Performance Grants awarded
hereunder, provided that, except as otherwise provided herein, no termination or amendment of the Plan or any Performance Grants under the Plan shall materially adversely affect a Participant’s rights with respect to any outstanding Performance
Grant without that Participant’s consent. Notwithstanding the foregoing, the Committee may amend the Plan and Performance Grants awarded hereunder without having to obtain the consent of any affected Participant as it deems necessary or
appropriate to ensure compliance with applicable laws or to cause Performance Grants to avoid adverse tax consequences under the Code and regulations thereunder. 

j.    Notice. All notices and other communications required or permitted to be given under this Plan
shall be in writing and shall be deemed to have been duly given if delivered personally or mailed first class, postage prepaid, as follows: (a) if to the Company—at the principal business address of the Company to the attention of the
Corporate Secretary of the Company; and (b) if to any Participant—at the last address of the Participant known to the sender at the time the notice or other communication is sent. 

  
 - 6 - 

 k.    Interpretation. Unless otherwise specifically
provided under the terms of any such plan or program, settlements of awards received by participants under the Plan shall not be deemed a part of a participant’s regular, recurring compensation for purposes of calculating payments or benefits
from any benefit plan or severance program of the Company or a Dominion Company or any severance pay law of any country. Nothing contained in the Plan will be deemed in any way to limit or restrict the Company or any Dominion Company from making any
award or payment to any person under any other plan, arrangement or understanding, whether now existing or hereafter in effect. The terms of this Plan shall be governed by the laws of the Commonwealth of Virginia, without regard to its conflict of
law principles. 
 l.    Beneficiary Matters. A Participant may designate a Beneficiary to receive
benefits due under a Performance Grant, if any, upon the Participant’s death. Designation of a Beneficiary shall be made by execution of a form approved or accepted by the Committee. In the absence of a valid Beneficiary designation, a
Participant’s surviving spouse, if any, and if none, the Participant’s estate, shall be the Beneficiary. A Participant may change a prior Beneficiary designation by a subsequent execution of a new Beneficiary designation form. The change
in Beneficiary will be effective upon receipt by the Committee. Any payment made to a Beneficiary under this Plan in good faith shall fully discharge the Company and the Dominion Companies from all further obligations with respect to that payment.
If the Committee has any doubt as to the proper Beneficiary to receive a payment under this Plan, the Committee shall have the right to withhold such payment until the matter is fully adjudicated. In making any payment to or for the benefit of any
minor or an incompetent Participant or Beneficiary, the administrator, in its sole and absolute discretion, may make a distribution to a legal or natural guardian or other relative of a minor or court-appointed representative of such incompetent.
Alternatively, it may make a payment to any adult with whom the minor or incompetent temporarily or permanently resides. The receipt by a guardian, representative, relative or other person shall be a complete discharge of the Company and the
Dominion Companies’ obligations under the Plan. The Company shall have no responsibility to see to the proper application of any payment so made. The Plan shall be binding on all successors and assigns of a Participant, including, without
limitation, the estate of such participant and the executor, administrator or trustee of such estate, or any receiver or trustee in bankruptcy or representative of the Participant’s creditors. 

m.    Unfunded Plan. Unless otherwise determined by the Committee, the Plan shall be unfunded and
shall not create (or be construed to create) a trust or a separate fund or funds. The Plan shall not establish any fiduciary relationship between the Company and any Participant or other person. To the extent any person holds any rights by virtue of
a Performance Grant granted under the Plan, such rights (unless otherwise determined by the Committee) shall be no greater than the rights of an unsecured general creditor of the Company. 

  
 - 7 - 

 EXHIBIT A 

DOMINION ENERGY, INC. 

2018 PERFORMANCE GRANT PLAN 

PERFORMANCE CRITERIA 

Total Shareholder Return 
 Relative TSR
Performance will be measured based on where the Company’s total shareholder return during the Performance Period ranks in relation to the total shareholder returns of the companies that are members of the Company’s compensation peer group
as of the Grant Date as set forth below (the “Comparison Companies”): 
  

			
	 Ameren Corporation
	  	Exelon Corporation
	 American Electric Power Company
	  	FirstEnergy Corporation
	 CenterPoint Energy
	  	NextEra Energy
	 Consolidated Edison Company
	  	PG&E Corporation
	 DTE Energy Company
	  	PPL Corporation
	 Duke Energy Corporation
	  	Public Service Enterprise Group
	 Edison International
	  	Southern Company
	 Entergy Corporation
	  	Xcel Energy
	 Eversource Energy
	  	

 The Comparison Companies shall be adjusted during the Performance Period as follows: 

 

	 	(i)	In the event of a merger, acquisition or business combination transaction of a Comparison Company with or by another Comparison Company, effective upon the public announcement of the transaction, the surviving entity
shall remain a Comparison Company and the non-surviving entity shall cease to be a Comparison Company (provided that, if the proposed transaction is subsequently terminated before the Relative TSR Performance
is calculated, then the non-surviving company shall be retroactively reinstated as a Comparison Company); 

  

	 	(ii)	If it is publicly announced that a Comparison Company will be acquired by another company that is not a Comparison Company, or in the event a “going private transaction” is publicly announced where the
Comparison Company will not be the surviving entity or will otherwise no longer be publicly traded, the company shall cease to be a Comparison Company as of the date such announcement is made (provided that, if the proposed transaction is
subsequently terminated before the Relative TSR Performance is calculated, then the company shall be retroactively reinstated as a Comparison Company); 

  

	 	(iii)	In the event of a spinoff, divestiture, or sale of assets of a Comparison Company, the Comparison Company shall no longer be a Comparison Company if the company’s reported revenue for the four most recently
reported quarters ending on or before the last day of the Performance Period falls below 40% of Dominion Energy’s reported revenue for last year of the Performance Period; and 

 

	 	(iv)	In the event of a bankruptcy of a Comparison Company, such company shall remain a Comparison Company and its stock price will continue to be tracked for purposes of Relative TSR Performance. If the company liquidates,
it will remain a Comparison Company and its stock price will be reduced to zero for the remaining Performance Period. 

  
 i 

 EXHIBIT A 
  

Absolute TSR Performance will be the Company’s total shareholder return on an average annual basis for the Performance Period. In general, total
shareholder return consists of the difference between the value of a share of common stock at the beginning and end of the Performance Period, plus the value of dividends paid as if reinvested in stock and other appropriate adjustments for such
events as stock splits. For purposes of TSR Performance, the total shareholder return of the Company and the Comparison Companies will be calculated using Bloomberg L.P. As soon as practicable after the completion of the Performance Period, the
total shareholder returns of the Comparison Companies will be obtained from Bloomberg L.P. and ranked from highest to lowest by the Committee. The Company’s total shareholder return will then be ranked in terms of which percentile it would have
placed in among the Comparison Companies. 
 Price-Earnings Ratio performance will be measured based on where the Company’s Price-Earnings Ratio ranks
in relation to the Price-Earnings Ratios of the Comparison Companies as determined above. For purposes of Price-Earnings Ratio performance, the Price-Earnings Ratio of the Company and the Comparison Companies will be calculated using such method as
the Committee shall determine. As soon as practicable after the completion of the Performance Period, the Price-Earnings Ratios of the Comparison Companies will be determined and ranked from highest to lowest by the Committee. The Company’s
Price-Earnings Ratio will then be ranked in terms of which percentile it would have placed in among the Comparison Companies. 
 Return on
Invested Capital 
 Return on Invested Capital (ROIC) 

The following terms are used to calculate ROIC for purposes of the 2018 Performance Grant: 

ROIC means Total Return divided by Average Invested Capital. Performance will be calculated for the three successive fiscal years within the
Performance Period, added together and then divided by three to arrive at an annual average ROIC for the Performance Period. 
 Total Return means
Operating Earnings plus After-tax Interest & Related Charges, all determined for the three successive fiscal years within the Performance Period. 

Operating Earnings means operating earnings as disclosed on the Company’s earnings report furnished on Form
8-K for the applicable fiscal year. 
 Average Invested Capital means the Average Balances for
Long & Short-term Debt plus Preferred Equity plus Common Shareholders’ Equity. The Average Balances for a year are calculated by performing the calculation at the end of each month during the fiscal year plus the last month of the
prior fiscal year and then averaging those amounts over 13 months. Long and short-term debt shall exclude debt that is non-recourse to Dominion Energy, Inc. (Dominion Energy) or its subsidiaries where Dominion
Energy or its subsidiaries has not made an associated investment. Short-term debt shall be net of cash and cash equivalents. 

  
 ii 

 EXHIBIT A 
  

Average Invested Capital will be calculated by excluding (i) accumulated other comprehensive income/(loss) from Common Shareholders’ Equity
(as shown on the Company’s financial statements during the Performance Period); (ii) impacts from changes in accounting principles that were not prescribed as of the Date of Grant; and (iii) the effects of incremental impacts from non-operating gains or losses during the Performance Period, as disclosed on the Company’s earnings report furnished on Form 8-K, that were not included in the projection
on which the original ROIC calculation was based at the time of the grant.

  
 iii

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