Document:

Exhibit

Exhibit 10.14(f)
Portions of this Exhibit have been redacted pursuant to a request for confidential treatment under Rule 24b-2 of the General Rules and Regulations under the Securities Exchange Act. Omitted information marked “[***]” in this Exhibit has been filed with the Securities and Exchange Commission together with such request for confidential treatment.
Execution Version

AMENDMENT NO. 5 
TO 
JUPITER GAS GATHERING AGREEMENT
This Amendment No. 5 to the Jupiter Gas Gathering Agreement (this “Amendment”) is made and entered into as of October 1, 2017, by and between EQT Production Company (“Producer”) and EQT Energy, LLC (collectively with Producer, “Shipper”), on the one hand, and EQM Gathering OPCO, LLC (“Gatherer”), on the other hand.  Producer, Shipper and Gatherer are each referred to herein as a “Party” and collectively as the “Parties”.

WHEREAS, the Parties made and entered into that certain Jupiter Gas Gathering Agreement, the “Agreement”, dated May 1, 2014 (as amended by that certain Amendment No. 1 to Jupiter Gas Gathering Agreement, dated December 17, 2014, that certain Amendment No. 2 to Jupiter Gas Gathering Agreement, dated October 26, 2015, that certain Amendment No. 3 to Jupiter Gas Gathering Agreement, dated August 1, 2016,and that certain Amendment No. 4 to Jupiter Gas Gathering Agreement, dated June 1, 2017), pursuant to which, among other provisions, Shipper requested that Gatherer provide gathering services to Shipper by receiving quantities of Gas from Shipper at the Receipt Points and redelivering such Gas to or for Shipper’s account at the Delivery Points; and

WHEREAS, the Parties intend to amend Exhibit A and Section II (Table of Incremental Capital Fees) of Exhibit B-2 of the Agreement upon the terms and subject to the conditions set forth herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the Parties hereby agree as follows:

1.Definitions.  All capitalized terms used but not otherwise defined or amended herein shall have the meanings ascribed to them in the Agreement.

2.Amendments.

		
	a.
	Exhibit A attached to the Agreement is hereby deleted in its entirety and replaced with the revised Exhibit A attached hereto as Attachment 1.

		
	b.
	Section II (Table of Incremental Capital Fees) of Exhibit B-2 attached to the Agreement is hereby deleted in its entirety and replaced with the revised Section II (Table of Incremental Capital Fees) attached hereto as Attachment 2.  In accordance with Section 4.2(b) of the Agreement, the Parties have agreed to an Incremental Capital Project in respect of the new Receipt Point identified in Section II of Exhibit B-2 (the “West Run – Hopewell Ridge Receipt Point”), which is separate from the 

Amendment No. 5

West Run Receipt Point in Zone 1 identified on the revised Exhibit A attached hereto as Attachment 1.  The Parties further agree that: 

		
	i.
	this Incremental Capital Project shall not trigger an increase in the Compression MDQ or the Contract MDQ or an extension of any Term under the Agreement; 

ii. the Incremental Capital Fee shall be a negotiated volumetric rate of [***] (in lieu of a Monthly reservation rate) for all Gas delivered by Shipper and received by Gatherer at West Run – Hopewell Ridge Receipt Point, which Receipt Point will not be subject to the Target Receipt Point Pressure, and any Gas delivered to such Receipt Point shall not be considered in calculating the Compression MDQ, the Contract MDQ or the Overrun Fees under the Agreement; 

iii. the Incremental Capital Fee shall apply to Gas delivered to the West Run – Hopewell Ridge Receipt Point beginning [***] and until [***], and thereafter shall apply to such Gas until terminated by either Party on the last Day of a Month by delivering written notice to the other Party at least thirty (30) Days prior to the date of termination.

iv. Shipper shall not install wellhead or other compression upstream of the West Run – Hopewell Ridge Receipt point without prior written consent from Gatherer.

		
	c.
	In Section III (Site Specific Data and Facility Responsibility Matrix) of Exhibit F attached to the Agreement: 

		
	i.
	the pages including Section III.A.1 (Receipt Point Interconnect Data) is hereby deleted in their entirety and replaced with the revised pages including Section III.A.1 (Receipt Point Interconnect Data) attached hereto as Attachment 3; and

ii. Section III.A.2 (Responsibility for Interconnect Facility Equipment) is hereby amended to include the additional Interconnect Facilities responsibilities tables for the meters identified as set forth below, which tables (1) establish the design, construction, operation, maintenance and cost responsibility for each such meter and (2) are attached hereto as Attachment 3.

Amendment No. 5

M5277181        M5274373        M5258883
M5274165        M5274166        M5274167
M5256116        M5256117        M5256118
M5272524        M5291357

3.Effect of Amendment.  The Agreement, as amended hereby, shall remain in full force and effect, and all terms hereof are hereby ratified and confirmed by the Parties.

4.Further Actions.  The Parties agree to execute such other documents and take such further actions necessary to effectuate this Amendment.

5.Counterparts.  This Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same agreement.  It is agreed by the Parties that facsimile signature pages signed by the Parties shall be binding to the same extent as original signature pages.

6.Entire Agreement.  This Amendment is the entire agreement between the Parties concerning the subject matter hereof and neither Party shall be bound by representations except as set forth in this Amendment.

7.Amendments.  This Amendment may not be modified or amended except by a written agreement signed by the Parties.

[The remainder of this page intentionally left blank.]

Amendment No. 5

IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.

	
		
	EQT PRODUCTION COMPANY
	EQM GATHERING OPCO, LLC

	By:       /s/ David Schlosser__________
	By:      /s/ Jeremiah J. Ashcroft_______

	Name:  David Schlosser____________
	Name:  Jeremiah J. Ashcroft__________

	Title:    President__________________
	Title:    President___________________

	

EQT ENERGY, LLC
	 

	By:       /s/ Donald M. Jenkins_________
	 

	Name:  Donald M. Jenkins____________
	 

	Title:    President____________________
	 

Amendment No. 5

ATTACHMENT 1

Amendment No. 5

EXHIBIT A
RECEIPT POINTS, DELIVERY POINTS, 
CONTRACT MDQ AND COMPRESSION MDQ
	
				
	Receipt Point(s)
	Receipt Point MDQ 
MMcf/Day
	Zone
	Zone MDQ 
MMcf/Day

	 
	 
	 
	 

	West Run
	80
	Zone 1
	300

	Koloski
	90
	Zone 1
	300

	Green Hill
	80
	Zone 1
	300

	Pierce
	100
	Zone 1
	300

	Walker B
	30
	Zone 1
	300

	Moore
	40
	Zone 1
	300

	Phillips
	30
	Zone 1
	300

	Scotts Run
	30
	Zone 1
	300

	Patterson Creek
	60
	Zone 1
	300

	Carpenter
	120
	Zone 1
	300

	 
	 
	 
	 

	Moninger
	200
	Zone 2
	370

	Cooper
	140
	Zone 2
	370

	Big Sky
	75
	Zone 2
	370

	Harris
	45
	Zone 2
	370

	Amity
	15
	Zone 2
	370

	Harden Farm
	110
	Zone 2
	370

	Connors
	65
	Zone 2
	370

	Pettit
	65
	Zone 2
	370

	Hughes
	55
	Zone 2
	370

	Roberts
	9
	Zone 2
	370

	Harden
	25
	Zone 2
	370

	Shipman
	37.5
	Zone 2
	370

	J&J
	37.5
	Zone 2
	370

	 
	 
	 
	 

	Lacko
	150
	Zone 3
	370

	Hildebrand
	35
	Zone 3
	370

	Pyles
	40
	Zone 3
	370

	Beazer
	50
	Zone 3
	370

	Yabolnski
	70
	Zone 3
	370

	Minor
	60
	Zone 3
	370

	Nicoloff
	30
	Zone 3
	370

	McMillan
	20
	Zone 3
	370

	Robinson
	20
	Zone 3
	370

	Thompson
	25
	Zone 3
	370

	Thistlewaite
	2
	Zone 3
	370

	Alpha
	80
	Zone 3
	370

	Strope
	100
	Zone 3
	370

	 
	 
	 
	 

	West Run -  Hopewell Ridge
	N/A
	N/A
	N/A

Exhibit A 
Page 1

Amendment No. 5

EXHIBIT A (Continued)
RECEIPT POINTS, DELIVERY POINTS, 
CONTRACT MDQ AND COMPRESSION MDQ

	
		
	Delivery Point(s)
	Location

	Ingram
	Equitrans H-109

	Amity
	Equitrans H-125

	Jupiter
	Equitrans H-148

	Callisto
	Equitrans H-160

	Hopewell Ridge
	Equitrans H-160

	Pipers Ridge
	Equitrans M-78

	Europa
	Equitrans H-165

	Io
	Equitrans H-148 and M-78

	
		
	Drip Liquids 
Delivery Point(s)
	Location

	Not applicable
	 

	
		
	Contract MDQ:
	792,000 Dth / Day

	Compression MDQ:
	792,000 Dth / Day

Amendment No. 5

ATTACHMENT 2

Amendment No. 5

II.    Table of Incremental Capital Fees

	
					
	Incremental Capital Project
	Contract MDQ
	Incremental Capital Fee
	In-Service Date
	Applicable Expansion Term

	West Run – Hopewell Ridge Receipt Point (5100053)
	[***]
	Volumetric fee of [***]
	[***]
	Until [***], and thereafter until terminated by either Party on the last Day of a Month by delivering written notice to the other Party at least thirty (30) Days prior to the date of termination.

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

Exhibit B-2
Page 2

Amendment No. 5

ATTACHMENT 3

    

Amendment No. 5

III.    SITE SPECIFIC DATA AND FACILITY RESPONSIBILITY MATRIX

		
	A.
	In addition to the minimum design specification and operating parameters set forth in the Engineering and Technical Design Standards, the following specifications shall be followed:

		
	1.
	Receipt Point Interconnect Data:  The table below provides for the list of meters covered under this Agreement which may be updated from time to time in accordance with the terms and conditions of this Agreement.  Each meter in the Receipt Point Interconnect table shall conform to the specifications listed in the table applicable to such meter under Section III(A)(2).

	
						
	Meter ID
	Meter Name
	GPS Coordinates
	MAOP
	MinDQ*
(Mcf / Day)
	MaxDQ
(Mcf / Day)

	17019
	Cooper B
	39.95597, -80.26908
	720
	1,220
	78,500

	11798
	Roberts 1
	39.94097, -80.326422
	720
	320
	19,600

	17018
	Roberts 2
	39.94097, -80.25422
	720
	320
	19,600

	11796
	McMillen
	39.9836, -80.1209
	720
	710
	45,900

	M5256116
	McMillen 2 MM - 1
	39.98455, -80.11803
	1400
	2,100
	51,433

	M5256117
	McMillen 2 MM - 2
	39.98455, -80.11803
	1400
	2,100
	51,433

	M5256118
	McMillen 2 MM - 3
	39.98455, -80.11803
	1400
	2,100
	51,433

	17042
	Pyles 1
	39.969918, -80.110996
	1,440
	1,670
	78,500

	M5224755
	Pyles 2
	39.96643, -80.1116
	1440
	1,227
	64,353

	17035
	Hildebrand
	39.974133, -80.096991
	720
	650
	45,900

	17022
	Robison 1
	39.979817, -80.072114
	720
	680
	45,900

	18156
	Robison 2
	39.97799, -80.07021
	720
	720
	45,900

	17043
	Thompson 1
	39.948602, -80.096748
	720
	680
	45,900

	17115
	Thompson 2
	39.948602, -80.096748
	720
	680
	45,900

	11797
	Thistlewaite
	39.96395, -80.100731
	720
	320
	19,600

	17044
	Conner 1
	39.946228, -80.240644
	720
	680
	45,900

	5100003
	Conner 2
	39.946228, -80.240644
	720
	680
	45,900

	17037
	Phillips
	39.933614, -80.293665
	1,400
	1,150
	115,300

	18155
	Walker B
	39.934471, -80.318565
	1,400
	1,600
	67,500

Exhibit F
Page 4

Amendment No. 5

	
						
	Meter ID
	Meter Name
	GPS Coordinates
	MAOP
	MinDQ*
(Mcf / Day)
	MaxDQ
(Mcf / Day)

	5100014
	Scott’s Run 1
	39.93239, -80.32793
	1,400
	2,700
	115,300

	5100015
	Scott’s Run 2
	39.93239, -80.32793
	1,400
	2,700
	115,300

	M5225755
	Scott's Run 3
	39.93237, -80.32812
	1,400
	1,227
	64,353

	5100065
	Moore MM B Run
	39.92772, -80.33715
	1,400
	2,700
	115,300

	M5277181
	Moore MM Run 2
	39.92763, -80.33740
	1440
	1,150
	28,800

	5100039
	West Run (NIJUS25)
	39.913752, -80.303533
	1,400
	2,700
	115,300

	5100053
	West Run – Hopewell Ridge
	39.91312, -80.30316
	1,400
	2,511
	87,994

	5100055
	Patterson 1
	39.936506   , -80.310759
	1,400
	2,700
	115,300

	5100063
	Patterson 2
	39.936506   , -80.310759
	1,400
	2,700
	115,300

	5100057
	Nicoloff 1
	39.954037, -80.065039
	720
	720
	45,900

	M5224083
	Nicoloff 2
	39.954037, -80.065039
	720
	1,227
	44,838

	5100018
	Pierce 1
	39.90734, -80.28209
	720
	2,630
	78,500

	5100019
	Pierce 2
	39.90734, -80.28209
	720
	2,630
	78,500

	5100064
	Pierce 3
	39.90734, -80.28209
	720
	2,630
	45,900

	M5213961
	Big Sky 1
	39.99805556,-80.20277
	720
	1,750
	78,500

	M5213962
	Big Sky 2
	39.99805556, -80.20277
	720
	1,750
	78,500

	M5213963
	Big Sky 3
	39.99805556, -80.20277
	720
	1,030
	45,900

	M5220213
	Petit 1
	39.94523, -80.23994
	720
	1,227
	44,838

	M5220220
	Petit 2
	39.94523, -80.23994
	720
	1,227
	44,838

	M5220221
	Petit 3
	39.94523, -80.23994
	720
	726
	26,240

	M5248813
	Petit 4
	39.94684, -80.24028
	1,440
	1,227
	64,353

	M5248814
	Petit 5
	39.94684, -80.24028
	1,440
	1,227
	64,353

	M5248816
	Petit 6
	39.94684, -80.24028
	1,440
	1,227
	64,353

	M5254623
	Petit 7
	39.94684, -80.24028
	1,440
	1,227
	64,353

	M5224627
	Alpha 1
	39.960097, -80.130604
	720
	1,227
	44,838

	M5224714
	Alpha 2
	39.960097, -80.130604
	720
	1,227
	44,838

	M5274373
	Alpha 3
	39.960097, -80.130604
	720
	1,950
	35,500

	M5234610
	Moninger Run 1
	39.99511, -80.20636
	1,440
	1,227
	64,353

Exhibit F
Page 5

Amendment No. 5

	
						
	Meter ID
	Meter Name
	GPS Coordinates
	MAOP
	MinDQ*
(Mcf / Day)
	MaxDQ
(Mcf / Day)

	M5234612
	Moninger Run 2
	39.99511, -80.20636
	1,440
	1,227
	64,353

	M5234613
	Moninger Run 3
	39.99511, -80.20636
	1,440
	1,227
	64,353

	M5235813
	Moninger Run 4
	39.99511, -80.20636
	1,440
	1,227
	64,353

	M5234486
	Koloski Run 1
	39.95875, -80.31068
	1,440
	1,227
	64,353

	M5234487
	Koloski Run 2
	39.95875, -80.31068
	1,440
	1,227
	64,353

	M5234488
	Koloski Run 3
	39.95875, -80.31068
	1,440
	1,227
	64,353

	17020
	Iames
	40.0308, -80.15266
	720
	726
	37,660

	M5219031
	Shipman 1
	39.991551, -80.194235
	720
	726
	37,660

	M5219033
	Shipman 2
	39.991551, -80.194235
	720
	1,227
	64,353

	M5258883
	Shipman Gathering MM - Run 3
	39.991551, -80.194235
	720
	1,950
	35,500

	33297
	Ingram 590004
	39.93929, -80.26466
	720
	356
	16,118

	33341
	ROG46H1
	39.94097, -80.26422
	720
	356
	16,118

	M5210064
	Lacko 1
	39.968683, -80.150911
	720
	1,227
	64,353

	M5210065
	Lacko 2
	39.968683, -80.150911
	720
	1,227
	64,353

	M5210066
	Lacko 3
	39.968683, -80.150911
	720
	1,227
	64,353

	M5234259
	Yablonski 1
	39.99347, -80.06271
	1440
	1,227
	64,353

	M5234260
	Yablonski 2
	39.99347, -80.06271
	1440
	1,227
	64,353

	M5226733
	Beazer 1
	39.92417, -80.10866
	1440
	1,227
	64,353

	M5226735
	Beazer 2
	39.92417, -80.10866
	1440
	1,227
	64,353

	M5249530
	Beazer 3
	39.92417, -80.10866
	1440
	1,556
	57,163

	M5238116
	J & J
	39.99807, -80.20293
	1440
	1,556
	57,163

	M5238117
	J & J
	39.99807, -80.20293
	1440
	1,556
	57,163

	M5248049
	J & J
	39.99807, -80.20293
	1440
	1,556
	57,163

	M5241305
	Harden Farm 1
	39.939969, -80.264877
	1440
	1,556
	57,163

	M5241307
	Harden Farm 2
	39.939969, -80.264877
	1440
	1,556
	57,163

	M5241308
	Harden Farm 3
	39.939969, -80.264877
	1440
	1,556
	57,163

Exhibit F
Page 6

Amendment No. 5

	
						
	Meter ID
	Meter Name
	GPS Coordinates
	MAOP
	MinDQ*
(Mcf / Day)
	MaxDQ
(Mcf / Day)

	M5274165
	Green Hill - Meter 1
	39.89708, -80.31778
	1400
	2,100
	31,750

	M5274166
	Green Hill - Meter 2
	39.89708, -80.31778
	1400
	2,100
	31,750

	M5274167
	Green Hill - Meter 3
	39.89708, -80.31778
	1400
	2,100
	31,750

	M5272524
	Harris
	39.95349, -80.19008
	720
	1,800
	49,000

	M5291357
	Harris Run B
	39.95349, -80.19008
	720
	1,800
	49,000

* Calculated @ minimum NOP with minimum Beta plate when applicable
Responsibility for Interconnect Facility Equipment.  Each of the following tables establish, for the meter specified in the cell located in the first row of the first column of such table (or, if no meter is specified in such cell, then for each meter not specified in any of the other tables included below) the design, construction, operation, maintenance and cost responsibility for certain aspects of the Interconnect Facilities.  All of the following design responsibilities designated as Producer’s responsibility shall be incorporated into the design and construction of the Interconnect Facilities

Exhibit F
Page 7

Amendment No. 5

EXHIBIT F (Section III.A.2.)
Responsibility for Interconnect Facility Equipment

	
							
	McMillen 2 MM – 1, M5256116
McMillen 2 MM – 2, M5256117
McMillen 2 MM – 3, M5256118

STATION EQUIPMENT
	REQUIRED
	DESIGN SPECIFICATIONS
	INSTALL
	OWNERSHIP
	OPERATE
	MAINTAIN

	PIPING
	 
	 
	 
	 
	 
	 

	EQT Pipeline-Tap & Valve
	Yes
	Company
	Company
	Company
	Company
	Company

	Inlet Piping
	Yes
	Customer
	Customer
	Customer
	Customer
	Customer

	Station & Outlet Piping
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Test Station - inlet piping
	No
	 
	 
	 
	 
	 

	Test Station - outlet piping
	Yes
	Company
	Company
	Company
	Company
	Company

	Corrosion coupon
	Yes
	Company
	Company
	Company
	Company
	Company

	GAS CONDITIONING
	 
	 
	 
	 
	 
	 

	Filter Separator
	Yes
	Company
	Customer
	Customer
	Customer
	Customer

	Liquid Level Shutoff
	No
	 
	 
	 
	 
	 

	MEASUREMENT
	 
	 
	 
	 
	 
	 

	Meter & Meter Runs
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Meter & Flow Control Risers, Valves, etc...
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Electronic Measurement & Telecomm Hardware
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	GAS QUALITY
	 
	 
	 
	 
	 
	 

	Chromatograph
	No
	 
	 
	 
	 
	 

	Continuous Sampler
	No
	 
	 
	 
	 
	 

	H2O Dew Point Analyzer
	No
	 
	 
	 
	 
	 

	Oxygen Analyzer
	No
	 
	 
	 
	 
	 

	H2S Monitor
	No
	 
	 
	 
	 
	 

	PRESSURE / FLOW CONTROL
	 
	 
	 
	 
	 
	 

	Primary Pressure Control
	No
	 
	 
	 
	 
	 

	Overpressure Device
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Station Isolation Valve
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Flow Control Valve
	No
	 
	 
	 
	 
	 

	Heat
	No
	 
	 
	 
	 
	 

	Check Valve
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	ODORIZATION
	 
	 
	 
	 
	 
	 

	Odorizer & Controls
	No
	 
	 
	 
	 
	 

	MISCELLANEOUS
	 
	 
	 
	 
	 
	 

	Communication Service(s)
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Electrical Service
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Building - Gas Chromatograph
	No
	 
	 
	 
	 
	 

	Building - Odorizer
	No
	 
	 
	 
	 
	 

	Fence/Vehicle Barrier/Signage
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Air Permit
	No
	 
	 
	 
	 
	 

Amendment No. 5

	
								
	Moore MM B Run, 5100065
Moore MM Run 2, M5277181

STATION EQUIPMENT
	REQUIRED
	DESIGN
	INSTALL
	OWNERSHIP
	OPERATE
	MAINTAIN
	SPECIAL PROVISIONS/ EQUIPMENT SPECS.

	PIPING
	 
	 
	 
	 
	 
	 
	 

	Pipeline-Tap & Valve
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	12” Tee

	Inlet & Station Piping
	Yes
	Producer
	Producer
	Producer
	Producer
	Producer
	 

	Outlet & Station Piping
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	12”

	Test Station - inlet piping
	Yes
	Producer
	Producer
	Producer
	Producer
	Producer
	 

	Test Station - outlet piping
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	 

	Corrosion coupon
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	 

	GAS CONDITIONING
	 
	 
	 
	 
	 
	 
	 

	Filter Separator
	Yes
	Gatherer
	Producer
	Producer
	Producer
	Producer
	LLSO - 16" Barrel & Shawndra Filter

	Liquid Level Shutoff
	No
	 
	 
	 
	 
	 
	 

	MEASUREMENT
	 
	 
	 
	 
	 
	 
	 

	Meter & Meter Runs
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	(2) 8” Orifice

	Meter & Flow Control Risers, Valves, etc...
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	 

	Electronic Measurement & Telecom Hardware
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Eagle/1 RTU (ea meter)

	GAS QUALITY
	 
	 
	 
	 
	 
	 
	 

	Chromatograph
	No
	 
	 
	 
	 
	 
	 

	Continuous Sampler
	No
	 
	 
	 
	 
	 
	 

	H2O Dew Point Analyzer
	No
	 
	 
	 
	 
	 
	 

	Oxygen Analyzer
	No
	 
	 
	 
	 
	 
	 

	H2S Monitor
	No
	 
	 
	 
	 
	 
	 

	PRESSURE / FLOW CONTROL
	 
	 
	 
	 
	 
	 
	 

	Primary Pressure Control
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	2X 6” CV/OPP

	Overpressure Device
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	2X 6” OPP

	Station Isolation Valve
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	8”

	Flow Control Valve
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	2X 6” CV (same devices as Primary Pressure. Control.)

	Heat
	No
	 
	 
	 
	 
	 
	 

	Check Valve
	Yes
	Gatherer
	Producer
	Producer
	Producer
	Producer
	2 X 8”

	ODORIZATION
	 
	 
	 
	 
	 
	 
	 

	Odorizer & Controls
	No
	 
	 
	 
	 
	 
	 

	MISCELLANEOUS
	 
	 
	 
	 
	 
	 
	 

	Communication service
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Radio or Cell

	Electrical Service
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Solar

	Building - Gas Chromatograph
	No
	 
	 
	 
	 
	 
	 

	Building - Odorizer
	No
	 
	 
	 
	 
	 
	 

	Fence/Vehicle Barrier/Signage
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	 

	Air Permit
	No
	 
	 
	 
	 
	 
	 

Amendment No. 5

	
								
	Alpha 1, M5224627 
Alpha 2, M5224714
Alpha 3, M5274373

STATION EQUIPMENT
	REQUIRED
	DESIGN
	INSTALL
	OWNERSHIP
	OPERATE
	MAINTAIN
	SPECIAL PROVISIONS/ EQUIPMENT SPECS.

	PIPING
	 
	 
	 
	 
	 
	 
	 

	Pipeline-Tap & Valve
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	10” hot tap

	Inlet & Station Piping
	Yes
	Producer
	Producer
	Producer
	Producer
	Producer
	10” minimum

	Outlet & Station Piping
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	10” minimum

	Test Station - inlet piping
	Yes
	Producer
	Producer
	Producer
	Producer
	Producer
	 

	Test Station - outlet piping
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	 

	Corrosion coupon
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	 

	GAS CONDITIONING
	 
	 
	 
	 
	 
	 
	 

	Filter Separator
	Yes
	Gatherer
	Producer
	Producer
	Producer
	Producer
	EQT Approved Peco Cyclotube

	Liquid Level Shutoff
	No
	 
	 
	 
	 
	 
	 

	MEASUREMENT
	 
	 
	 
	 
	 
	 
	 

	Meter & Meter Runs
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Two 8” orifice

	Meter & Flow Control Risers, Valves, etc...
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Valves for 8” meter skid

	Electronic Measurement & Telecom Hardware
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Eagle/1 RTU (for each meter)

	GAS QUALITY
	 
	 
	 
	 
	 
	 
	 

	Chromatograph
	No
	 
	 
	 
	 
	 
	 

	Continuous Sampler
	No
	 
	 
	 
	 
	 
	 

	H2O Dew Point Analyzer
	No
	 
	 
	 
	 
	 
	 

	Oxygen Analyzer
	No
	 
	 
	 
	 
	 
	 

	H2S Monitor
	No
	 
	 
	 
	 
	 
	 

	PRESSURE / FLOW CONTROL
	 
	 
	 
	 
	 
	 
	 

	Primary Pressure Control
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Primary and Monitor control valves are req'd UNLESS a Rupture Pin Valve is installed

	Overpressure Device
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Rupture Pin Valve or Primary and Monitor Control Valve

	Station Isolation Valve
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Manual valve at header

	Flow Control Valve
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	In lieu of flow control valve, OPP is acceptable

	Heat
	No
	 
	 
	 
	 
	 
	 

	Check Valve
	Yes
	Gatherer
	Producer
	Producer
	Producer
	Producer
	For each 8” meter skid

	ODORIZATION
	 
	 
	 
	 
	 
	 
	 

	Odorizer & Controls
	No
	 
	 
	 
	 
	 
	 

	MISCELLANEOUS
	 
	 
	 
	 
	 
	 
	 

	Communication service
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Cell Modem

	Electrical Service
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	Solar & Battery

	Building - Gas Chromatograph
	No
	 
	 
	 
	 
	 
	 

	Building - Odorizer
	No
	 
	 
	 
	 
	 
	 

	Fence/Vehicle Barrier/Signage
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer
	 

	Air Permit
	No
	 
	 
	 
	 
	 
	 

Amendment No. 5

	
							
	Shipman Gathering MM – Run 1, M5219031 
Shipman Gathering MM – Run 2, M5219033
Shipman Gathering MM – Run 3, M5258883

STATION EQUIPMENT
	REQUIRED
	DESIGN
	INSTALL
	OWNERSHIP
	OPERATE
	MAINTAIN

	PIPING
	 
	 
	 
	 
	 
	 

	Pipeline-Tap & Valve
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer

	Inlet & Station Piping
	Yes
	Producer
	Producer
	Producer
	Producer
	Producer

	Outlet & Station Piping
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Test Station - inlet piping
	Yes
	Producer
	Producer
	Producer
	Producer
	Producer

	Test Station - outlet piping
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer

	Corrosion coupon
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer

	GAS CONDITIONING
	 
	 
	 
	 
	 
	 

	Filter Separator
	Yes
	Gatherer
	Producer
	Producer
	Producer
	Producer

	Liquid Level Shutoff
	No
	 
	 
	 
	 
	 

	MEASUREMENT
	 
	 
	 
	 
	 
	 

	Meter & Meter Runs
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Meter & Flow Control Risers, Valves, etc...
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Electronic Measurement & Telecom Hardware
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	GAS QUALITY
	 
	 
	 
	 
	 
	 

	Chromatograph
	No
	 
	 
	 
	 
	 

	Continuous Sampler
	No
	 
	 
	 
	 
	 

	H2O Dew Point Analyzer
	No
	 
	 
	 
	 
	 

	Oxygen Analyzer
	No
	 
	 
	 
	 
	 

	H2S Monitor
	No
	 
	 
	 
	 
	 

	PRESSURE / FLOW CONTROL
	 
	 
	 
	 
	 
	 

	Primary Pressure Control
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Overpressure Device
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Station Isolation Valve
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Flow Control Valve
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Heat
	No
	 
	 
	 
	 
	 

	Check Valve
	Yes
	Gatherer
	Producer
	Producer
	Producer
	Producer

	ODORIZATION
	 
	 
	 
	 
	 
	 

	Odorizer & Controls
	No
	 
	 
	 
	 
	 

	MISCELLANEOUS
	 
	 
	 
	 
	 
	 

	Communication service
	Yes
	Gatherer
	Gatherer
	Gatherer
	Gatherer
	Gatherer

	Electrical Service
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Building - Gas Chromatograph
	No
	 
	 
	 
	 
	 

	Building - Odorizer
	No
	 
	 
	 
	 
	 

	Fence/Vehicle Barrier/Signage
	Yes
	Gatherer
	Producer
	Producer
	Gatherer
	Producer

	Air Permit
	No
	 
	 
	 
	 
	 

    

Amendment No. 5

	
							
	Green Hill- Meter 1, M5274165  
Green Hill- Meter 2, M5274166  
Green Hill- Meter 3, M5274167 

STATION EQUIPMENT
	REQUIRED
	DESIGN SPECIFICATIONS
	INSTALL
	OWNERSHIP
	OPERATE
	MAINTAIN

	PIPING
	 
	 
	 
	 
	 
	 

	EQT Pipeline-Tap & Valve
	Yes
	Company
	Company
	Company
	Company
	Company

	Inlet Piping
	Yes
	Customer
	Customer
	Customer
	Customer
	Customer

	Station & Outlet Piping
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Test Station - inlet piping
	Yes
	Customer
	Customer
	Customer
	Customer
	Customer

	Test Station - outlet piping
	Yes
	Company
	Company
	Company
	Company
	Company

	Corrosion coupon
	Yes
	Company
	Company
	Company
	Company
	Company

	GAS CONDITIONING
	 
	 
	 
	 
	 
	 

	Filter Separator
	Yes
	Company
	Customer
	Customer
	Customer
	Customer

	Liquid Level Shutoff
	No
	 
	 
	 
	 
	 

	MEASUREMENT
	 
	 
	 
	 
	 
	 

	Meter & Meter Runs
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Meter & Flow Control Risers, Valves, etc...
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Electronic Measurement & Telecomm Hardware
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	GAS QUALITY
	 
	 
	 
	 
	 
	 

	Chromatograph
	No
	 
	 
	 
	 
	 

	Continuous Sampler
	No
	 
	 
	 
	 
	 

	H2O Dew Point Analyzer
	No
	 
	 
	 
	 
	 

	Oxygen Analyzer
	No
	 
	 
	 
	 
	 

	H2S Monitor
	No
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 

	PRESSURE / FLOW CONTROL
	 
	 
	 
	 
	 
	 

	Primary Pressure Control
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Overpressure Device
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Station Isolation Valve
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Flow Control Valve
	No
	 
	 
	 
	 
	 

	Heat
	No
	 
	 
	 
	 
	 

	Check Valve
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	ODORIZATION
	 
	 
	 
	 
	 
	 

	Odorizer & Controls
	No
	 
	 
	 
	 
	 

	MISCELLANEOUS
	 
	 
	 
	 
	 
	 

	Communication Service(s)
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Electrical Service
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Building - Gas Chromatograph
	No
	 
	 
	 
	 
	 

	Building - Odorizer
	No
	 
	 
	 
	 
	 

	Fence/Vehicle Barrier/Signage
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Air Permit
	No
	 
	 
	 
	 
	 

Amendment No. 5

	
							
	Harris, M5272524
Harris Run B, M5291357 
 
STATION EQUIPMENT
	REQUIRED
	DESIGN SPECIFICATIONS
	INSTALL
	OWNERSHIP
	OPERATE
	MAINTAIN

	PIPING
	 
	 
	 
	 
	 
	 

	EQT Pipeline-Tap & Valve
	Yes
	Company
	Company
	Company
	Company
	Company

	Inlet Piping
	Yes
	Customer
	Customer
	Customer
	Customer
	Customer

	Station & Outlet Piping
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Test Station - inlet piping
	No
	 
	 
	 
	 
	 

	Test Station - outlet piping
	Yes
	Company
	Company
	Company
	Company
	Company

	Corrosion coupon
	Yes
	Company
	Company
	Company
	Company
	Company

	GAS CONDITIONING
	 
	 
	 
	 
	 
	 

	Filter Separator
	Yes
	Company
	Customer
	Customer
	Customer
	Customer

	Liquid Level Shutoff
	No
	 
	 
	 
	 
	 

	MEASUREMENT
	 
	 
	 
	 
	 
	 

	Meter & Meter Runs
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Meter & Flow Control Risers, Valves, etc...
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Electronic Measurement & Telecomm Hardware
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	GAS QUALITY
	 
	 
	 
	 
	 
	 

	Chromatograph
	No
	 
	 
	 
	 
	 

	Continuous Sampler
	No
	 
	 
	 
	 
	 

	H2O Dew Point Analyzer
	No
	 
	 
	 
	 
	 

	Oxygen Analyzer
	No
	 
	 
	 
	 
	 

	H2S Monitor
	No
	 
	 
	 
	 
	 

	PRESSURE / FLOW CONTROL
	 
	 
	 
	 
	 
	 

	Primary Pressure Control
	No
	 
	 
	 
	 
	 

	Overpressure Device
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Station Isolation Valve
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Flow Control Valve
	No
	 
	 
	 
	 
	 

	Heat
	No
	 
	 
	 
	 
	 

	Check Valve
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	ODORIZATION
	 
	 
	 
	 
	 
	 

	Odorizer & Controls
	No
	 
	 
	 
	 
	 

	MISCELLANEOUS
	 
	 
	 
	 
	 
	 

	Communication Service(s)
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Electrical Service
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Building - Gas Chromatograph
	No
	 
	 
	 
	 
	 

	Building - Odorizer
	No
	 
	 
	 
	 
	 

	Fence/Vehicle Barrier/Signage
	Yes
	Company
	Customer
	Customer
	Company
	Customer

	Air Permit
	NoEX-10.(s)

 Exhibit 10.(s) 

OLD NATIONAL BANCORP 

AMENDED AND RESTATED 2008 INCENTIVE COMPENSATION 

PLAN PERFORMANCE UNITS AWARD AGREEMENT 

This Award Agreement (“Agreement”) is entered into as of January 25, 2018 (“Grant Date”), by and between Old National
Bancorp, an Indiana corporation (“Company”), and                      an officer or employee of the Company or one of its Affiliates
(“Participant”). 
 Background 

A. The Company adopted the Old National Bancorp Amended and Restated 2008 Incentive Compensation Plan (“Plan”) to further the growth
and financial success of the Company and its Affiliates by aligning the interests of participating officers and key employees (“participants”) more closely with those of the Company’s shareholders, providing participants with an
additional incentive for excellent individual performance, and promoting teamwork among participants. 
 B. The Company believes that the
goals of the Plan can be achieved by granting Performance Units to eligible officers and other key employees. 
 C. The Compensation and
Management Development Committee of the Board has determined that a grant of Performance Units to the Participant, as provided in this Award Agreement, is in the best interests of the Company and its Affiliates and furthers the purposes of the Plan.

 D. The Participant wishes to accept the Company’s grant of Performance Units, subject to the terms and conditions of this Award
Agreement, the Plan and the Company’s Stock Ownership Guidelines. 
 Agreement 

In consideration of the premises and the mutual covenants herein contained, the Company and the Participant agree as follows: 

1. Defined Terms. For purposes of this Agreement, if the first letter of a word (or each word in a term) is capitalized, the
term shall have the meaning provided in this Agreement, or if such term is not defined by this Agreement, the meaning specified in the Plan. 

(a) “Adjusted Share Distribution” means, with respect to a Performance Unit, a number of whole Shares equal to the sum of the
Unadjusted Share Distribution and the Dividend Adjustment. 
 (b) “Appendix A” means Appendix A to this Agreement, which is hereby
incorporated herein and made a part hereof. Appendix A describes the performance factor and goals with respect to the Internal Performance Units. 

(c) “Appendix B” means Appendix B to this Agreement, which is hereby incorporated herein and made a part hereof. Appendix B
describes the performance factor and goals with respect to the Relative Performance Units. 

  
 1 

 (d) “Dividend Adjustment” means, with respect to a Performance Unit, a number of whole
units, determined as provided in Section 6, which is added to the Unadjusted Share Distribution to reflect dividend payments during the Performance Period on the units included in the Unadjusted Share Distribution. 

(e) “Internal Performance Unit” means a contingent right awarded pursuant to this Agreement for distribution of a Share upon
attainment of the Performance Goals as set forth in Appendix A. 
 (f) “Maximum Performance” means the Performance Goal
achievement required for the maximum permissible distribution with respect to an Internal Performance Unit, as set out in Appendix A, or a Relative Performance Unit, as set out in Appendix B. 

(g) “Minimum Performance” means the minimum Performance Goal achievement required for any distribution to be made with respect to an
Internal Performance Unit, as set out in Appendix A, or a Relative Performance Unit, as set out in Appendix B. 
 (h) “Performance
Goal” means a financial target on which the distribution with respect to a Performance Unit is based, as set out in either Appendix A or Appendix B. 

(i) “Performance Period” means the Performance Period specified in either Appendix A or Appendix B. 

(j) “Performance Unit” means a contingent right awarded pursuant to this Agreement for distribution of a Share upon attainment of
the Performance Goals as set forth in either Appendix A or Appendix B. 
 (k) “Relative Performance Unit” means a contingent right
awarded pursuant to this Agreement for distribution of a Share upon attainment of the Performance Goals as set forth in Appendix B. 
 (l)
“Section” refers to a Section of this Agreement. 
 (m) “Target Performance” means the Performance Goal achievement
required for the targeted distribution with respect to an Internal Performance Unit, as set out in Appendix A, or a Relative Performance Unit, as set out in Appendix B. If Target Performance is achieved but not exceeded for all Performance Goals,
the Unadjusted Share Distribution with respect to a Performance Unit is one share of the Company’s voting common stock (“Share”). 

(n) “Unadjusted Share Distribution” means, with respect to a Performance Unit, the total number of Shares to be distributed to the
Participant, before adding the Dividend Adjustment or subtracting required tax withholding. 
 2. Incorporation of Plan Terms.
All provisions of the Plan, including definitions (to the extent that a different definition is not provided in this Agreement), are incorporated herein and expressly made a part of this Agreement by reference. The Participant hereby acknowledges
that he or she has received a copy of the Plan. 

  
 2 

 3. Award of Performance Units. The Committee has awarded the
Participant                     Internal Performance Units and
                     Relative Performance Units, effective as of the Grant Date, subject to the terms and conditions of the Plan and this Agreement.

 4. Contingent Distribution on Account of Performance Units. 

(a) Except as provided in Section 5, no distribution shall be made with respect to any Internal Performance Unit or Relative Performance Unit,
unless (i) the respective Minimum Performance is achieved or exceeded in accordance with the Performance Goal set out in the applicable Appendix, and (ii) the Participant (A) is continually employed by the Company and/or an Affiliate at all times
from the award of the Performance Units until the date on which Shares are distributed pursuant to Subsection (c) below; provided, however, the Committee may, in its discretion, waive the continuous employment requirement in this clause (ii), or (B)
Terminates Service during the Performance Period on account of his death, Disability, or Retirement. 
 (b) All distributions on account of
a Performance Unit shall be made in the form of Shares. The Unadjusted Share Distribution with respect to a Performance Unit, if any, is dependent on the Company’s achievement of the Performance Goals, as specified in Appendix A and Appendix B.
By way of example, if Target Performance for the Performance Period is achieved but not exceeded with respect to each Performance Goal, the Unadjusted Share Distribution shall consist of one share of the Company’s voting common stock
(“Share”). The number of Shares distributed on account of a Performance Unit shall be increased by the Dividend Adjustment to determine the Adjusted Share Distribution and reduced by applicable tax withholding as provided in Section 9. If,
after reduction for tax withholding, the Participant is entitled to a fractional Share, the net number of Shares distributed to the Participant shall be rounded down to the next whole number of Shares. 

(c) Except as expressly provided in Section 5, the Company shall distribute the Adjusted Share Distribution, reduced to reflect tax
withholding, on the date the Company files its Form 10K with the US Securities and Exchange Commission in the calendar year following the year in which the Performance Period ends. 

(d) Notwithstanding any other provision of this Agreement, the Committee may, in its sole discretion, reduce the number of Shares that may be
distributed as determined pursuant to the Adjusted Share Distribution calculation set forth above. The preceding sentence shall not apply to a distribution made pursuant to Section 5. 

(e) If a Participant Terminates Service during the Performance Period on account of Participant’s Disability or Retirement,
Participant’s Performance Units shall remain outstanding as if Participant had not Terminated Service, and payments with respect to such Performance Units shall be made at the same time and subject to the same performance requirements as
payments that are made to Participants who did not incur a Termination of Service during the applicable Performance Period. 
 (f) If a
Participant Terminates Service due to death during the Performance Period, the performance requirements with respect to the Participant’s Performance Units shall lapse, and the Participant’s Beneficiary shall, on the date of such
Termination of Service, be fully entitled to payment under such Performance Units as if targeted performance had been achieved and the Performance Period ended on the date of the Participant’s death, and such payments shall be made within sixty
(60) days after the Participant’s death. 

  
 3 

 5. Change in Control. If a Change in Control occurs during the Performance Period,
Article XVI of the Plan shall govern the disposition of Performance Units awarded under this Agreement. 
 6. Dividend Adjustment.
Except as otherwise provided for in this Agreement, a Dividend Adjustment shall be added to the Unadjusted Share Distribution. The Dividend Adjustment shall be a number of Units equal to the number of Units that would have resulted, if each dividend
paid during the Performance Period on the Shares included in the Unadjusted Share Distribution had been immediately reinvested in Shares. 

7. Performance Goals. The applicable Performance Goals, the weight given to each Performance Goal, and the Minimum Performance, Target
Performance, and Maximum Performance are set out in Appendix A and Appendix B. 
 8. Participant’s Representations. The
Participant agrees, upon request by the Company and before the distribution of Shares with respect to the Performance Units, to provide written investment representations as reasonably requested by the Company. The Participant also agrees that, if
he or she is a member of the Company’s Executive Leadership Group at the time the Shares are distributed, and if at that time he or she has not satisfied the Company’s Stock Ownership guidelines, the Participant will continue to hold the
Shares received in the Distribution, net of any shares withheld for taxes, until such time as the Participant has satisfied the Company’s Stock Ownership requirement. 

9. Income and Employment Tax Withholding. All required federal, state, city, and local income and employment taxes that arise on
account of the Performance Units shall be satisfied through the withholding of Shares otherwise distributable pursuant to this Agreement. 

10. Nontransferability. The Participant’s interest in the Performance Units or any distribution with respect to such units may not
be (i) sold, transferred, assigned, margined, encumbered, bequeathed, gifted, alienated, hypothecated, pledged, or otherwise disposed of, whether by operation of law, whether voluntarily or involuntarily or otherwise, other than by will or by the
laws of descent and distribution, or (ii) subject to execution, attachment, or similar process. Any attempted or purported transfer in contravention of this Section shall be null and void ab initio and of no force or effect whatsoever. 

11. Indemnity. The Participant hereby agrees to indemnify and hold harmless the Company and its Affiliates (and their respective
directors, officers and employees), and the Committee, from and against any and all losses, claims, damages, liabilities and expenses based upon or arising out of the incorrectness or alleged incorrectness of any representation made by Participant
to the Company or any failure on the part of the Participant to perform any agreements contained herein. The Participant hereby further agrees to release and hold harmless the Company and its Affiliates (and their respective directors, officers and
employees) from and against any tax liability, including without limitation, interest and penalties, incurred by the Participant in connection with his or her participation in the Plan. 

  
 4 

 12. Changes in Shares. In the event of any change in the Shares, as described in
Section 4.04 of the Plan, the Committee, consistent with the principles set out in such Section, will make appropriate adjustment or substitution in the number of Performance Units, so that the contingent economic value of a Performance Units
remains substantially the same. The Committee’s determination in this respect will be final and binding upon all parties. 
 13.
Effect of Headings. The descriptive headings used in this Agreement are inserted for convenience and identification only and do not constitute a part of this Agreement for purposes of interpretation. 

14. Controlling Laws. Except to the extent superseded by the laws of the United States, the laws of the State of Indiana, without
reference to the choice of law principles thereof, shall be controlling in all matters relating to this Agreement. 
 15.
Counterparts. This Agreement may be executed in two (2) or more counterparts, each of which will be deemed an original, but all of which collectively will constitute one and the same instrument. 

16. Recoupment/Clawback. Any grant of Performance Units under this Agreement or any other award granted or paid to the Participant
under the Company’s Amended and Restated 2008 Incentive Compensation Plan, whether in the form of stock options, stock appreciation rights, restricted stock, performance units, performance units, stock or cash, is subject to recoupment or
“clawback” by the Company in accordance with the Company’s Bonus Recoupment/Clawback Policy, as may be amended from time to time. This Section, “Recoupment/Clawback,” shall survive termination of this Agreement. 

IN WITNESS WHEREOF, the Company, by its officer thereunder duly authorized, and the Participant, have caused this Performance Unit Award
Agreement to be executed as of the day and year first above written. 
 PARTICIPANT 

 

							
	Accepted by:	  	 	  	Date:	  	 
				
	Printed Name:	  	 	  		  	

 OLD NATIONAL BANCORP 
  

			
	By:	 	 
		 	 Kendra L. Vanzo

EVP, Associate Engagement & Integration

Old National Bancorp

  
 5 

 APPENDIX A TO 2018 PERFORMANCE AWARD AGREEMENT (Internal Performance 

Factors) – APPENDIX INCOMPLETE – IN PROCESS OF BEING FINALIZED 

Grant Date:    January 25, 2018 

Performance Shares Awarded:    See Section 3 of the Agreement 

Performance Period:    January 1, 2018, through December 31, 2020 

Internal Factors for Determining Amount Payable Pursuant to Performance Award 

The number of Shares payable on account of a Performance Share (before any Dividend Adjustment or tax withholding) will be based on the result
of the following performance factor (“Performance Factor”) during the Performance Period: 
  

	 	•	 	Return on Average Tangible Common Equity 

 Definitions Related to Internal Performance Factors 

Return on Average Common Tangible Equity (ROATCE): ROATCE is defined as net income, excluding tax-affected amortization of intangibles, as a
percent of average tangible common equity for the final year of the performance period. Net Income is defined as GAAP Net Income, as reported in the Company’s Form 10-K for the fiscal year excluding, however, non-recurring charges under GAAP,
branch closure, severance and acquisition one-time charges that occur in 2020. 
 Tangible Common Equity is calculated by subtracting
intangible assets and goodwill from the Company’s GAAP common equity. 
 Performance Weighting Fraction 

“Performance Weighting Fraction” means the relative importance of each performance measure in evaluating performance and determining
the number of Shares to be distributed (before any Dividend Adjustment or tax withholding) with respect to each Performance Share. The following weight has been assigned to the performance factor: 

 

	
	 ROATCE

	
	 100%

 Calculation of Performance (Performance schedule in process of being finalized) 

For the Performance Factor, the performance level will be determined at the end of the Performance Period. The performance level will then be
multiplied by the Performance Weighting Fraction, resulting in the Company’s Performance Level. The table below shows the percentage of Shares to be issued with respect to each Performance Share (before any Dividend Adjustment or tax
withholding) at various performance levels. 

  
 6 

					
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	

 Timing of Award Determination and Distribution 

Once performance results for the Company are known and approved by the auditors, the Compensation Committee will review and approve the final
performance results for the Performance Factor. The Compensation Committee reserves the right to use negative discretion to reduce the amount of any payment. The Shares will be distributed in accordance with the timing setforth in Section 4(c)
of this Agreement. 
  

					
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	

  
 7 

 APPENDIX B TO 2018 PERFORMANCE AWARD AGREEMENT 

(Relative Performance Measures) 
 Grant
Date:    January 25, 2018 
 Performance Shares Awarded:    See Section 3 of the Agreement 

Performance Period:    January 1, 2018, through December 31, 2020 

Relative Factors for Determining Amount Payable Pursuant to Performance Award 

The number of Shares payable on account of a Performance Share (before any Dividend Adjustment or tax withholding) will be based on the
results of the following relative performance factor (“Performance Factor”) during the Performance Period, as measured against the comparator “Peer” group: 

Total Shareholder Return (TSR). Total Shareholder Return means the three-month average stock price for the period ending December 31,
2017 (“Calculation Period”) compared to the three-month average stock price for the period ending December 31, 2020 (“Calculation Period”) for the Company and the Peer Group. The three-month average stock price will be determined
by averaging the closing stock price of each day during the three months ending on the applicable December 31, including adjustments for cash and stock dividends. 

Peer Group. The “Peer Group” is made up of the following: 

 

					
	 Company Name
	  	 Ticker
	    	 State

			
	 OLD NATIONAL BANCORP
	  	ONB	    	IN
			
	 ASSOCIATED BANC-CORP
	  	ASB	    	WI
			
	 CULLEN/FROST BANKERS, INC
	  	CFR	    	TX
			
	 COMMERCE BANCSHARES, INC
	  	CBSH	    	MO
			
	 PROSPERITY BANCSHARES, INC
	  	PB	    	TX
			
	 TCF FINANCIAL CORPORATION
	  	TCF	    	MN
			
	 HANCOCK HOLDING COMPANY
	  	HBHC	    	MS
			
	 WINTRUST FINANCIAL CORPORATION
	  	WTFC	    	IL
			
	 FULTON FINANCIAL CORPORATION
	  	FULT	    	PA
			
	 BANK OF THE OZARKS, INC.
	  	OZRK	    	AR
			
	 VALLEY NATIONAL BANCORP
	  	VLY	    	NJ
			
	 UMB FINANCIAL CORPORATION
	  	UMBF	    	MO
			
	 F. N. B. CORPORATION
	  	FNB	    	PA
			
	 BANK OF HAWAII CORPORATION
	  	BOH	    	HI
			
	 IBERIABANK CORP
	  	IBKC	    	LA
			
	 BANCORPSOUTH, INC
	  	BXS	    	MS
			
	 TRUSTMARK CORPORATION
	  	TRMK	    	MS
			
	 UNITED BANKSHARES INC
	  	UBSI	    	WV
			
	 MB FINANCIAL INC
	  	MBFI	    	IL
			
	 FIRST MIDWEST BANCORP, INC
	  	FMBI	    	IL
			
	 CHEMICAL FINANCIAL CORP
	  	CHFC	    	MI
			
	 INTERNATIONAL BANCSHARES CORPORATION
	  	IBOC	    	TX
			
	 GREAT WESTERN BANCORP, INC.
	  	GWB	    	SD
			
	 WESTERN ALLIANCE BANCORPORATION
	  	WAL	    	AZ

  
 8 

 A Peer Group member shall be removed if it is acquired or fails during the Performance Period. 

Calculation of Performance 
 For the
Performance Factor: TSR will be calculated for each member of the Peer Group. The Company’s TSR percentile rank in the Peer Group will be utilized to determine the percentage, if any, of the Shares earned under the Performance Share award. 

The table below shows the percentage of Shares to be issued with respect to each Performance Share (before any Dividend Adjustment or tax
withholding) at various performance levels: 
  

					
	 Average Percentile

Rank vs. Peer

            
Group            
	  	 % of Shares

      Earned     
 
	  	 Performance

        Level   
     

			
	 < 25%
	  	 0%
	  	
			
	 25%
	  	 25%
	  	 Threshold

			
	 26%
	  	 26%
	  	
			
	 27%
	  	 27%
	  	
			
	 28%
	  	 28%
	  	
			
	 29%
	  	 29%
	  	
			
	 30%
	  	 30%
	  	
			
	 31%
	  	 32%
	  	
			
	 32%
	  	 34%
	  	
			
	 33%
	  	 36%
	  	
			
	 34%
	  	 38%
	  	
			
	 35%
	  	 40%
	  	
			
	 36%
	  	 43%
	  	
			
	 37%
	  	 46%
	  	
			
	 38%
	  	 49%
	  	
			
	 39%
	  	 52%
	  	
			
	 40%
	  	 55%
	  	
			
	 41%
	  	 59%
	  	
			
	 42%
	  	 63%
	  	
			
	 43%
	  	 67%
	  	
			
	 44%
	  	 71%
	  	
			
	 45%
	  	 75%
	  	
			
	 46%
	  	 80%
	  	
			
	 47%
	  	 85%
	  	
			
	 48%
	  	 90%
	  	
			
	 49%
	  	 95%
	  	
			
	 50%
	  	 100%
	  	 Target

			
	 51%
	  	 102%
	  	
			
	 52%
	  	 103%
	  	
			
	 53%
	  	 105%
	  	
			
	 54%
	  	 107%
	  	
			
	 55%
	  	 108%
	  	

  
 9 

					
			
	 56%
	  	 110%
	  	
			
	 57%
	  	 112%
	  	
			
	 58%
	  	 113%
	  	
			
	 59%
	  	 115%
	  	
			
	 60%
	  	 117%
	  	
			
	 61%
	  	 118%
	  	
			
	 62%
	  	 120%
	  	
			
	 63%
	  	 122%
	  	
			
	 64%
	  	 123%
	  	
			
	 65%
	  	 125%
	  	
			
	 66%
	  	 127%
	  	
			
	 67%
	  	 128%
	  	
			
	 68%
	  	 130%
	  	
			
	 69%
	  	 132%
	  	
			
	 70%
	  	 133%
	  	
			
	 71%
	  	 135%
	  	
			
	 72%
	  	 137%
	  	
			
	 73%
	  	 138%
	  	
			
	 74%
	  	 140%
	  	
			
	 75%
	  	 142%
	  	
			
	 76%
	  	 143%
	  	
			
	 77%
	  	145%	  	
			
	 78%
	  	147%	  	
			
	 79%
	  	148%	  	
			
	 80% and above
	  	150%	  	Maximum

 Award Adjustment 

The Compensation and Management Development Committee reserves the right to reduce performance shares (in whole or in part) should the
Company’s TSR be negative for the performance period. 
 Timing of Award Determination and Distribution 

Once performance results for the Company are known and approved by the auditors, the Compensation Committee will review and approve the final
performance results for the Performance Factor. The Compensation Committee reserves the right to use negative discretion to reduce the amount of any payment. The Shares will be distributed in accordance with the timing set forth in Section 4(c)
of this Agreement. 

  
 10

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