Document:

UIL Holdings Exhibit 10.7 date 07/08/05

    

                         EXHIBIT
        10.7

      

      AMENDED
        AND RESTATED

      EMPLOYMENT
        AGREEMENT

      THIS
        AGREEMENT ( the “Agreement”) is
        made
        as of the first day of March, 2005, between The United Illuminating Company,
        a
        Connecticut Corporation (the “Company”) and Gregory Buckis (the
“Executive”),

      

      

      WITNESSETH
        THAT

      

      WHEREAS,
        the Executive previously has been employed by UIL Holdings Corporation (“UIL”)
        as its Vice President and Controller, and is covered by the terms of a certain
        employment agreement with UIL dated as of November 8, 2004, and 

      

      WHEREAS,
        as part of its finance reorganization, UIL Holdings Corporation wishes to
        transfer the Executive’s employment to The United Illuminating Company (the
“Company”), effective as of March 1, 2005, where the Executive will be employed
        as Vice President and Controller of both the Company and UIL, and the Executive
        desires to be so employed, and

      

      WHEREAS,
        the Company and the Executive desire to be bound by the terms of this revised
        employment Agreement (the “Agreement”), which shall supersede and replace all
        provisions of the prior employment agreement;

      

      NOW
        THEREFORE, in consideration of the foregoing and the respective covenants
        and
        agreements of the parties herein contained, and the services to be rendered
        to
        the Company pursuant hereto, the parties hereby agree as follows:

      

       

      (1)  EMPLOYMENT;
        TERM 

       

       

      (a)  The
        Company hereby agrees to employ the Executive, and the Executive hereby agrees
        to serve the Company, at the pleasure of the Board of Directors of the Company
        (the “Company Board”) and UIL Holdings Corporation (the “ UIL Board”), all upon
        the terms and conditions set forth herein.

       

       

      (b)  The
        term
        of this Agreement shall be for a period commencing on March 1, 2005 and ending
        on the second anniversary of the date hereof, unless this Agreement is earlier
        terminated as provided in Section 5 (the “Initial Term”). Unless the Company has
        provided the Executive with at least ninety (90) days prior written notice
        of
        its decision not to renew this Agreement after the Initial Term or any
        subsequent term, this Agreement shall be automatically renewed for a successive
        one (1) year term (the Initial Term and any renewal term being referred to
        as
        the “Term”). For
        purposes of this Agreement, a non-renewal at the election of the Company
        at the
        end of a Term shall constitute a termination of this Agreement without cause,
        and shall be governed by the provisions of Section 6(d). In no event shall
        the
        Company give notice of a non-

       

      
        
           

        

        
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      renewal
        from the time that an impending Change in Control (as hereinafter defined)
        is
        announced through the date of the consummation of such Change in
        Control.

       

      (2) POSITION
        AND DUTIES

      

      (a)
        The
        Executive shall be employed by the Company as its Vice President and Controller,
        and shall also serve as the Vice President and Control of UIL, or in such
        other
        equivalent or higher executive position as the UIL Board may determine. The
        Executive shall:

      

      (i)
        accept such employment and perform and discharge, faithfully, diligently
        and to
        the best of the Executive's abilities, the duties and obligations of the
        Executive's office and such other duties as may from time to time be assigned
        to
        the Executive by, or at the direction of, the Company Board and UIL Board;
        and

      

      (ii)
        devote substantially all of the Executive's working time and efforts to the
        business and affairs of the Company and UIL.

      

      (b)
        Prior
        to a Change in Control, in the event that the Executive is named by the UIL
        Board to an executive position higher in rank or compensation than that
        applicable at the commencement of the Initial Term, nothing in this Agreement
        shall obligate the Company or UIL to continue such Executive in such higher
        position; and the Company shall not be deemed in “Breach” of the Agreement (as
        defined in Section 5(d)) for failure to continue the Executive in such higher
        position.

      

      (c)
        If
        the Executive is a participant in the UIL Holdings Corporation Change in
        Control
        Severance Plan (the “UIL CIC Plan II”) as of a Change in Control as therein
        defined, then for the twenty-four month period after such Change in Control,
        the
        Company’s employment of the Executive shall be without diminishment in the
        Executive's management responsibilities, duties or powers. In the event that
        the
        Executive’s employment is not so continued, the Executive may claim to have
        suffered a Constructive Termination, in accordance with the terms of the
        UIL CIC
        Plan II.

      

      (3) PLACE
        OF PERFORMANCE

      

      In
        his
        employment by the Company, the Executive shall be based within a fifty (50)-mile
        radius of the current executive offices of the Company in New Haven,
        Connecticut. 

       

      (4) COMPENSATION

      

      (a)
        Base
        Salary.
        During
        the Initial Term of the Executive's employment hereunder, the Executive shall
        receive a base salary (“Base Salary”) at an annual rate of One Hundred Seventy
        Six Thousand Eight Hundred Dollars ($176,800.00), increasing to One Hundred
        Eighty-Five Thousand Dollars ($185,000.00) effective April 1, 2005, payable
        in
        accordance with the then customary payroll practices of the Company. The
        Executive's 

      
        
           

        

        
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      performance
        and Base Salary shall be reviewed by the UIL Board at least annually, and
        may be
        adjusted as a result of any such review. 

      

      (b)
        Incentive
        Compensation.
        During
        the Term of the Executive’s employment hereunder, the Executive shall be
        eligible to be designated by Company Board, or by the UIL Board in the event
        that the program is a UIL Plan, as a participant in each annual short-term
        incentive compensation program, and any long-term incentive program, maintained
        for management employees of the Company; provided, however, that entitlement
        to
        participation, and continued participation, in any long-term equity incentive
        program shall be conditioned upon the Executive fully complying with any
        stock
        ownership and retention guidelines from time to time established and promulgated
        by the UIL Board.

      

      For
        purposes of this Agreement, the Executive’s “Accrued
        Incentive Compensation”
        shall
        mean the amount of any annual short-term incentive compensation earned with
        respect to the calendar year ended prior to the Date of Termination (as defined
        in Section 5) but not yet paid as of the Executive’s Date of
        Termination.

      

      The
        Executive’s “Stub-Period
        Incentive Compensation”
        shall
        mean the annual short-term incentive compensation being earned in the year
        in
        which the Executive terminates employment, pro-rated for the year in which
        he
        terminates service, and shall be equal to that short-term annual incentive
        compensation payment to which the Executive would be entitled, if any, under
        the
        terms of the Company’s executive incentive compensation plan, calculated as if
        he had been employed by the Company on the last day of the year including
        his
        Date of Termination, and had achieved personal goals ‘at target’, but based on
        actual performance with respect to the achievement of Company and UIL financial
        goals (referred to as “Company goals”), multiplied by a fraction, the numerator
        of which is the number of days which have elapsed in such year through the
        Date
        of Termination and the denominator of which is 365. UIL shall determine in
        its
        discretion the composition of the Executive’s scorecard, and what constitutes a
‘personal goal’ and ‘Company goal’; provided generally that an Executive’s
‘personal goals’ shall include, for example, his strategic opportunities,
        leadership, and balance scorecard goals, other than business unit and UIL
        total
        financial goals, and Company goals shall include, for example, UIL and Company
        financial goals based on earnings per share, cash flow, and all other goals
        not
        defined as personal goals. In the event that the ‘gate’, if any, is not achieved
        with respect to Company goals, then no Stub-Period Incentive Compensation
        will
        be paid. Any Stub-Period Incentive Compensation payable upon termination
        of the
        Executive shall be paid in accordance with Section 6(e) of this
        Agreement.

      

      (c)
        Change
        in Control Severance Plan.
        The
        Executive has been designated by the UIL Board as an individual covered by
        the
        UIL Holdings Corporation Change in Control Severance Plan II of the Company
        (the
“UIL CIC Plan II”), subject to all of the terms and provisions of the UIL CIC
        Plan II as it may be amended from time to time. For purposes of this Agreement,
        “Change in Control” shall have the meaning set forth in the UIL CIC Plan
        II.
        Nothing
        in this subsection, however, shall entitle the Executive to continued
        participation in such Plan should the UIL Board determine otherwise in
        accordance with the terms of that Plan. 

      
        
           

        

        
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      (d)
        Business
        Expenses.
        During
        the Term, the Executive shall be entitled to receive prompt reimbursement
        for
        all reasonable employment- related business expenses incurred by the Executive,
        in accordance with the policies and procedures established by the Company
        Board
        from time to time for all of the Company's management employees, provided
        that
        the Executive properly accounts therefor.

      

      (e)
        Benefit
        Programs.
        During
        the Term of the Executive's employment hereunder and to the extent he meets
        the
        applicable eligibility requirements, the Executive shall be entitled to
        participate in and receive benefits under all of the Company's employee benefit
        plans, programs and arrangements for its similarly situated executives on
        the
        same terms and conditions that apply to such executives, including, without
        limitation, any plan or program of an affiliated company in which the Company
        is
        a participating employer, but only for so long as the Company remains a
        participating employer. Nothing
        in this Agreement shall require the Company to maintain a particular benefit
        plan or program, or preclude the Company from amending or terminating any
        such
        plans, programs or arrangements, including its participation therein, or
        eliminating, reducing or otherwise changing any benefit provided thereunder,
        so
        long as such change similarly affects all similarly situated employees of
        the
        Company and is in compliance with applicable law.

      

      (f)
        Vacations
        and Holidays.
        The
        Executive shall be entitled to that number of weeks of paid vacation in each
        calendar year determined by the Company Board from time to time to be available
        to similarly situated Company executives, and shall also be entitled to all
        paid
        holidays afforded by the Company to its management employees, all in accordance
        with applicable Company policies.

      

      (5) TERMINATION

      

      (a)
        Death
        or Disability.
        The
        Executive's employment hereunder shall terminate upon the Executive's death
        or
        termination due to disability (as described in Section 6(a) of this
        Agreement).

       

      (b)
        Termination
        by Company for Cause.
        The
        Company may at any time by written notice to the Executive terminate the
        Executive’s employment for Cause in accordance with the following provisions:

       

      (i)
        Termination
        for Cause Prior to a Change in Control.
        Prior
        to the date of a Change in Control, the Company shall be deemed to have “Cause”
        to terminate the Executive’s employment hereunder only upon the Executive’s:

       

      (1)
        failure to comply with any material term of this Agreement, or to perform
        and
        discharge the duties or obligations of the Executive’s office, or such other
        duties as may from time to time be assigned to the Executive by, or at the
        direction of, the UIL Board, faithfully, diligently, and competently, unless
        any
        such failure is cured in all material respects to the reasonable satisfaction
        of
        the UIL Board within sixty (60) days after the Executive receives written
        notice
        of such failure; or

      
        
           

        

        
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      (2)
        failure to devote substantially all of his working time and efforts to the
        business and affairs of the Company unless any such failure is cured in all
        material respects to the reasonable satisfaction of the UIL Board within
        sixty
        (60) days after the Executive receives written notice of such failure;
        or

       

      (3)
        misconduct that is demonstrably injurious to the interests of the Company
        or its
        Affiliates (as that term is defined in Section 9) unless such misconduct
        is
        rectified in all material respects to the reasonable satisfaction of the
        UIL
        Board within thirty (30) days after the Executive receives written notice
        of
        such misconduct; or

       

      (4)
        commission of a serious crime, such as an act of fraud, misappropriation
        of
        funds, embezzlement, or a crime involving personal dishonesty or moral turpitude
        

       

      (ii)
        Termination
        for Cause After a Change in Control.
        During
        the period that commences on a Change in Control and for twenty-four (24)
        months
        thereafter (the “Change in Control Protective Period”), and subject to the same
        notice and cure provisions specified above, the Company (or its successor
        or
        other entity employing the Executive following such Change in Control) shall
        be
        deemed to have Cause to terminate the Executive’s employment hereunder only upon
        the Executive’s:

       

      (1)
        commission of a serious crime, such as an act of fraud, misappropriation
        of
        funds, embezzlement, or a crime involving personal dishonesty or moral
        turpitude; or

       

      (2)
        misconduct that is demonstrably injurious to the interests of the Company
        or its
        Affiliates; or

      

      (3)
        willful failure of the Executive to substantially perform his duties (other
        than
        by reason of incapacity due to physical or mental illness or
        injury).

       

      (c)  Termination
        by Company without Cause.
        The
        Company may terminate the Executive’s employment at any time, without cause,
        upon ninety (90) days prior written notice to the Executive. 

       

      (d)  Termination
        by Executive.
        

       

      (i)
        If
        the Executive is not in default of any of the Executive’s obligations under
        Sections (2), (9), (10) or (11) hereof, the Executive may terminate employment
        hereunder upon at least thirty (30) days’ prior notice, for failure of the
        Company to observe and perform one or more of its obligations under Sections
        (2), (3) and/or (4) hereof, which failure the Company fails to remedy within
        such notice period (a “Breach by the Company”). 

       

      
        
           

        

        
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      (ii)
        If
        the Executive is not in default of any of the Executive’s obligations under
        Sections (2), (9), (10) or (11) hereof, the Executive may terminate employment
        hereunder in the absence of a Breach by the Company, effective upon at least
        ninety
        (90) days prior
        written notice.

       

      (e)  Date
        of Termination.
        For
        purposes of this Agreement, the “Date of Termination” is defined as (i) the
        Executive’s date of death, in the event of his death; or the date of his
        termination due to disability, in the case of disability, or (ii) the date
        specified in the notice of termination, in the case of the Executive’s
        termination pursuant to Sections (5)(b), (5)(c), 5(d) hereof.

       

      (6) CONSEQUENCES
        OF TERMINATION OR NON-RENEWAL.

       

      (a)
        Termination
        on Death, Disability or Retirement; or by the Executive in the Absence of
        a
        Breach by the Company upon Adequate Notice. 
        If the
        Executive’s employment terminates by reason of the Executive’s death, or his
        total or partial physical or mental disability such
        that
        the Executive becomes entitled to long-term disability benefits under the
        Company’s long-term disability plan,
        or if
        the Executive retires on or after becoming eligible to retire under the terms
        of
        the Company’s Pension Plan, or terminates employment hereunder in the absence of
        a Breach by the Company upon ninety (90) days prior written notice, the Company
        shall pay to the Executive or, in the event of death or disability, the
        Executive’s personal representative and/or spouse:

       

      
      

      (i)
        the
        Executive’s Base Salary earned but unpaid as of the Date of Termination, and
        Accrued Incentive Compensation (as defined in Section 4(b));

       

      (ii)
        Stub-Period Incentive Compensation (as defined in Section 4(b)) earned, but
        unpaid, as of the Date of Termination, but only in the case of the Executive’s
        death, termination due to disability or retirement (as hereinbefore defined),
        and not in case of his voluntary termination other than on account of such
        retirement; plus

       

      (iii)
        any
        amounts payable pursuant to (4)(d) (unreimbursed business expenses), (4)(e)
        (employee benefits due and owing) and (4)(f) (accrued, but unpaid vacation
        or
        holidays) hereof, plus

       

      
      

      (iv)
        any
        benefits or amounts payable on account of the Executive’s (A) participation in
        any long-term incentive compensation plan and equity compensation plan or
        arrangement, and (B) participation in any deferred compensation plan in which
        he
        was a participant as of his termination of service, all as determined in
        accordance with the terms and conditions of such plans and arrangements.
        

       

      Pending
        a
        determination that the Executive is entitled to long-term disability benefits,
        the Executive’s short-term disability benefits shall be extended, as necessary
        at 50% of Base Salary, if his length of employment with the Company is of
        such
        short duration that his short term disability benefits would otherwise expire
        before his entitlement to long-term disability benefits is
        determined.

       

      
        
           

        

        
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      Upon
        payment of these amounts, the Company shall have no further obligation to
        the
        Executive, the Executive’s personal representative and/or spouse under this
        Agreement or on account of, or arising out of, the termination of the
        Executive’s employment.

       

      (b)
        Upon
        Termination for Cause; or by the Executive on fewer than 90 days
        notice.
        If the
        Company terminates the Executive’s employment for Cause, or the Executive
        terminates employment hereunder in the absence of a Breach by the Company
        and
        upon fewer than ninety
        (90) days prior
        written notice, the Company shall pay to the Executive:

       

      (i)
        the
        Executive’s Base Salary earned, but unpaid, as of the Date of Termination;
        plus

       

      (ii)
        any
        amounts payable pursuant to Sections (4)(d), (4)(e) and 4(f) hereof, and
        

       

      (iii)
        any
        benefits payable under any elective non-qualified deferred compensation plan
        in
        which the Executive had been a participant, other than any benefit under
        any
        supplemental executive retirement plan of the Company or an Affiliate,

       

      whereupon
        the Company shall have no further obligation to the Executive under this
        Agreement or on account of, or arising out of, the termination of the
        Executive’s employment.

       

      (c)
        Upon
        Termination Without Cause, or Upon Breach by the Company, not on account
        of a
        Change in Control.
        If the
        Company terminates the Executive's employment hereunder without Cause, or
        if the
        Executive terminates the Executive's employment hereunder on account of a
        Breach
        by the Company, and in either case the termination is not upon a Change in
        Control or within the Change in Control Protective Period, the Company shall
        pay
        or provide (as applicable) to the Executive, the following:

      

      (i)
        the
        Executive’s Base Salary, Accrued Incentive Compensation and Stub-Period
        Incentive Compensation earned, but unpaid, as of the Date of Termination;
        plus

      

      (ii)
        any
        amounts payable pursuant to Sections 4(d), 4(e), and 4(f) hereof;
        plus

      

      (iii)
        any
        benefits or amounts payable on account of the Executive’s (A) participation in
        any long-term incentive compensation plan and equity compensation plan or
        arrangement, and (B) participation in any deferred compensation plan in which
        he
        was a participant as of his termination of service, all as determined in
        accordance with the terms and conditions of such plans and arrangements;
        plus

      

      (iv)
        lump
        sum severance equal to one (1) times the
        sum
        of:

      

      (1)
        the
        Executive’s annual Base Salary rate in effect immediately prior to the
        Executive’s Date of Termination, as determined by the UIL Board’s most recent
        review of salary rates pursuant to Section 4(a); and

      

      (2)
        the
        short-term annual incentive compensation payment to which the Executive would
        be
        entitled, calculated as if he had been employed by the 

      
        
           

        

        
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      Company
        on the last day of the year of his Termination, as both personal goals and
        Company goals had been achieved ‘at target’, without pro-ration for the fact
        that the Executive was employed only a portion of such year. Except for the
        assumption that such goals shall have been achieved ‘at ‘target’, personal and
        Company goals shall be defined and determined as set forth in Section 4(b)
        of
        this Agreement.

       

      (v)
        for
        the period ending on the first anniversary
        of the date of the Executive’s Date of Termination, continued participation in
        the medical and dental plan(s) in which he was a participant as of his Date
        of
        Termination on the same basis as if he remained an active employee, provided
        that such participation is possible under the terms and provisions of such
        plans
        and programs and applicable law. Such period of continued participation shall
        run concurrently with, and reduce day- for-day, any obligation that the Company
        or any Affiliate would have to provide “COBRA” continuation coverage with
        respect to the Executive’s termination of employment. If the Executive’s
        participation in any such plan or program is barred as a result of the
        Executive’s termination, the Company shall arrange to provide the Executive with
        benefits substantially similar on an after-tax basis to those that the Executive
        would have been entitled to receive under such plan or program, provided
        that
        with respect to any benefit to be provided on an insured basis, the value
        of
        such coverage shall be based on the present value of the premiums expected
        to be
        paid for such coverage, and with respect to other benefits, such value shall
        be
        the present value of the expected cost to the Company of providing such
        benefits.

       

      (d)
        Upon
        Non-renewal of Agreement at end of Term.
        If the
        Executive’s employment hereunder is terminated due to non-renewal of this
        Agreement, the Company shall pay or provide (as applicable) to the Executive
        the
        same payments and benefits to which the Executive would have been entitled
        had
        he been terminated without cause in accordance with Section 6(c) of this
        Agreement.

       

      (e)
        Timing
        of Payment.
        Any
        cash
        amount that is due and owing to the Executive upon his termination of service
        pursuant to Section 6 will be paid as soon as administratively feasible
        following the effective date (including any revocation period) of the Release
        provided for in Section 6(f); provided, however, that (i) any Stub-Period
        Incentive Compensation, and (ii) that portion of any severance payment that
        is
        based on annual short-term incentive compensation shall be paid following
        the
        close of the year in which the Date of Termination occurs, at the same time
        that
        incentive compensation generally would be payable upon authorization of the
        UIL
        Board to all other employees.

       

      (f)
        Release.
        All
        payments and obligations of the Company under Section (6) and (7) shall be
        conditioned upon the execution and delivery by Executive to the Company of
        a
        full and effective release by Executive of any liability by the Company to
        Executive in form and substance reasonably satisfactory to the
        Company.

       

      (7) CHANGE
        IN CONTROL

      

      (a)
        If
        on, or within twenty-four (24) months following a Change in Control, the
        Company
        (or its successor or other entity employing the Executive following such
        Change
        in Control) either terminates the Executive's employment hereunder without
        Cause
        or fails to renew

      
        
           

        

        
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      this
        Agreement on substantially identical terms, or if the Executive terminates
        the
        Executive's employment on account of a Constructive Termination (as defined
        in
        the UIL CIC Plan II), then the Executive shall be entitled to the
        following:

      

      (i)
        the
        Executive’s Base Salary, Accrued Incentive Compensation and Stub-Period
        Incentive Compensation earned, but unpaid, prior to the Date of Termination;
        plus

      

      (ii)
        any
        amounts payable pursuant to Sections 4(d), 4(e), and 4(f) hereof;
        plus

      

      (iii)
        any
        benefits or amounts payable on account of the Executive’s (A) participation in
        any long-term incentive compensation plan and equity compensation plan or
        arrangement, and (B) participation in any deferred compensation plan in which
        he
        was a participant as of his termination of service, all as determined in
        accordance with the terms and conditions of such plans and arrangements;
        plus

      

      (iv)
        those payments, and benefits, if any, to which the Executive is entitled
        by
        reason of having been designated a Participant in the UIL CIC Plan II. The
        severance payments, pension supplements and other benefit provisions under
        such
        Plan (the “Total UIL CIC Plan Package”) shall be controlling and shall supplant
        the payments and benefits to which the Executive would be entitled assuming
        the
        Executive were terminated without Cause pursuant to the terms of this Agreement,
        including without limitation any severance benefits, supplemental retirement
        benefits, short-term incentive compensation and other compensation and benefits
        (other than long-term incentive compensation) under this Agreement (the
“Employment Agreement Termination Package”); expressly provided, however, that
        in the event that the Employment Agreement Termination Package exceeds the
        value
        of the Total UIL CIC Plan Package, then the Executive shall be entitled to
        select one or the other Package, but shall not be entitled to both, and shall
        not be entitled to select among compensation elements in each
        Package.

      

      (b)
        For
        purposes of this Agreement, Change in Control shall mean “Change in Control” as
        defined with respect to the Company employing the Executive in the UIL CIC
        Plan
        II, as amended from time to time.

      

      (c)
        Payment of benefits under this Section 7 shall be subject to, and conditioned
        upon, the provisions of Section 6(e) and (f) hereof.

      

      (8)
        TAX SAVINGS PROVISION

      

      If
        any
        portion of the payments which the Executive has the right to receive from
        the
        Company, or any affiliated entity, hereunder would constitute "excess parachute
        payments" (as defined in Section 280G of the Internal Revenue Code, and not
        governed by the terms defined in this Agreement) subject to the excise tax
        imposed by Section 4999 of the Internal Revenue Code, such excess parachute
        payments shall be reduced to the largest amount that will result in no portion
        of such excess parachute payments being subject to the excise tax imposed
        by
        Section 4999 of the Internal Revenue Code. 

      
        
           

        

        
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      (9)
        CONFIDENTIAL INFORMATION

      

      The
        Executive recognizes that the Executive’s employment by the Company is one of
        highest trust and confidence by reason of his access to certain trade secrets,
        confidential business practices, and proprietary information concerning the
        Company or any person or entity that directly, or indirectly through one
        or more
        intermediaries, controls or is controlled by, or is under common control
        with,
        the Company (an “Affiliate”), including, without limitation, the Company’s
        methods of doing business, marketing and strategic business plans, employees’
        compensation and contract terms, customer lists and customer characteristics
        (collectively referred to as “Proprietary Information”). The Executive agrees
        and covenants to exercise utmost diligence to protect and safeguard the trade
        secrets, confidential business practices and Proprietary Information concerning
        the Company and any Affiliate. The Executive further agrees and covenants
        that,
        except with the prior written consent of the Company, he will not, either
        during
        the Term hereof or thereafter, directly or indirectly, use for his own benefit
        or for the benefit of any other person or organization, or disclose, disseminate
        or distribute to any other person or organization, any of the Proprietary
        Information (whether or not acquired, learned, obtained or developed by the
        Executive alone or in conjunction with another), unless and until such
        Proprietary Information has become a matter of public knowledge through no
        action or fault of the Executive or unless otherwise required by court order
        to
        comply with legal process. All memoranda, notes, records, drawings, documents
        or
        other writings whatsoever made, compiled, acquired or received by the Executive
        during the Term hereof arising out of, in connection with, or related to
        any
        activity or business of the Company are and shall continue to be the sole
        and
        exclusive property of the Company, and shall, together with all copies thereof,
        be returned and delivered to the Company by the Executive immediately, when
        he
        ceases to be employed by the Company, or at any other time upon the Company’s
        demand.

      

      (10)
        NON-COMPETITION

      

      The
        Executive agrees and covenants that, during the Term of this Agreement and
        for a
        period of twelve (12) months following the month during which the Executive
        ceases to be employed by the Company and its Affiliates (the “time in
        question”), the Executive will not, in any capacity, directly or
        indirectly,
        whether
        as a consultant, employee, officer, director, partner, member, principal,
        shareholder, or otherwise: 

      

      (a)
        become employed by, enter into a consulting arrangement with, or otherwise
        perform services for, manage, acquire an ownership in, or participate in
        the
        management or ownership of, a Competitor; or

      

      (b)
        directly or indirectly divert or attempt to divert from the Company or any
        Affiliate any business in which the Company or any Affiliate has been actively
        engaged during the Term hereof, or in any way interfere with the relationships
        that the Company or any Affiliate has with its sources of supply or customers;
        or

      

      (c)
        directly or indirectly interfere or attempt to interfere with the relationship
        between the Company or any Affiliate and any of such entity’s employees;

      
        
           

        

        
          -
            10
            -

          
            

          

        

        
           

        

      

      unless
        the Company has granted prior written approval which may be withheld for
        any
        reason.

      

      For
        purposes of this Section “Competitor” means any person or entity (a ‘business’)
        that sells goods or services that are directly competitive with those goods
        or
        services sold or provided by the Company or any Affiliate, in a geographic
        area
        in which the Company or Affiliate is doing business and such Competitor is
        also
        doing business at the time in question, and such goods or services were being
        sold or provided at the Date of Termination, and, for the Company’s most
        recently completed fiscal year ending with, or immediately prior to, the
        Date of
        Termination, contributed more than 10% of the revenue of the Company and
        its
        Affiliates. Notwithstanding anything to the contrary in this Section, a business
        shall not deemed to be a Competitor with the Company if the Executive is
        employed by, or otherwise associated with such business, and that business
        has a
        unit that is in competition with the Company or an Affiliate, but the Executive
        does not have direct or indirect responsibilities for the services or goods
        involved in the competition.

      

      Nothing
        in this Section shall be construed to prohibit the ownership by the Executive
        of
        less than five percent (5%) of any class of securities of any entity that
        is
        engaged in any of the foregoing businesses having a class of securities
        registered pursuant to the Securities Exchange Act of 1934 (the “Exchange Act”),
        provided that such ownership represents a passive investment and that neither
        the Executive, nor any group of persons including the Executive, in any way,
        directly or indirectly, manages or exercises control of such entity, guarantees
        any of its financial obligations, or otherwise takes any part in its business,
        other than through exercising the Executive’s rights as a
        shareholder.

      

      For
        purposes of this Section “Affiliate” means any entity that directly or
        indirectly controls, is controlled by, or is under common control with the
        Company.

      

      As
        used
        in Sections 9-11, the term the “Company” shall mean UIL Holdings Corporation,
        The United Illuminating Company and any successor to, or acquirer of, the
        business or assets of either of them.

       

      (11)
        DISCLOSURE AND ASSIGNMENT OF INVENTIONS AND DISCOVERIES.

       

      (a)
        Disclosure
        of Inventions.
        The
        Executive agrees to make prompt and complete disclosure to the Company of
        all
        inventions and discoveries made or conceived by him, alone or with others,
        while
        this Agreement is in effect, or within a reasonable time thereafter, which
        arise
        out of or relate to the services rendered pursuant to this Agreement. The
        Executive also agrees to keep necessary records, including notes, sketches,
        drawings, models and data supporting all such
        inventions and discoveries made by him, alone or with others, during the
        course
        of performing the services pursuant to this Agreement, and the Executive
        agrees
        to furnish the Company, upon request, all such records. 

       

      (b)
        Assignment
        of Inventions and Discoveries.
        The
        Executive also agrees that he will assign to the Company all inventions and
        discoveries made by him which arise out of and pertain to the services rendered
        pursuant to this Agreement, together with all domestic and 

       

      
        
           

        

        
          -
            11
            -

          
            

          

        

        
           

        

      

       

      foreign
        patents as may be obtained on these inventions and discoveries. The Executive
        further agrees that, upon request of the Company, he will execute all necessary
        papers and cooperate in the fullest degree with the Company in securing,
        maintaining and enforcing any such patents which arise out of his services
        under
        this Agreement. It is understood, however, that these obligations undertaken
        by
        Executive will be at no expense to him.

       

      
      

      (12)
        MISCELLANEOUS. 

       

      (a)
        Equitable
        Remedies.
        The
        Executive acknowledges that the restrictions provided for in Sections (9)
        through (11) are reasonable and necessary in order to protect the legitimate
        interests of the Company and its Affiliates, and that any violation thereof
        would result in serious damage and irreparable injury to the Company and
        its
        Affiliates. Further, the
        Executive acknowledges that the services to be rendered by him are of such
        unique and extraordinary nature, and the resulting injury to the Company
        from a
        breach of Sections (9) through (11), inclusive, by the Executive would be
        of
        such a nature, that an action at law for the collection of damages would
        not
        provide adequate relief to the Company for the enforcement of its rights
        in the
        event of an actual or threatened violation by the Executive of his commitments
        and obligations under Sections (9) through (11). The Executive agrees that
        upon
        the actual or threatened breach
        or
        violation of any of the commitments under Section (9) through (11), the Company
        shall be entitled to both preliminary and permanent injunctive relief, in
        any
        action or proceeding brought in an appropriate court having jurisdiction
        over
        the Executive, to restrain him from committing any violation of any such
        commitments and obligations. 

       

      (b)
        Effect
        Of Breach.
        All
        payments and other benefits payable but not yet distributed to Executive
        under
        Sections (6) or (7)) shall be forfeited and discontinued in the event that
        the
        Executive violates Sections (9) through (11) of this Agreement, or willfully
        engages in conduct which is materially injurious to the Company, monetarily
        or
        otherwise, all as determined in the sole discretion of the Company.

       

      (c)
        Successors;
        Binding Agreement; Assignment.
        

       

      (i)
        The
        Company will require the acquirer of all or substantially all of the business
        or
        assets of the Company (whether directly or indirectly, by purchase of stock
        or
        assets, merger, consolidation or otherwise), by agreement in form and substance
        reasonably satisfactory to the Executive, to expressly assume and agree to
        perform this Agreement in the same manner and to the same extent that the
        Company would be required to perform it if no such succession had taken place.
        If the Company fails to obtain such agreement prior to the effective date
        of any
        such succession, the Executive may terminate his employment with in thirty
        (30)
        days of such succession and treat such termination as a Breach by the Company
        and termination without cause on account of a Change in Control entitling
        the
        Executive to payments and benefits under Section 7 of this Agreement. For
        purposes of implementing the foregoing, the date on which any such succession
        becomes effective shall be deemed the Date of Termination.

       

      (ii) This
        Agreement, and the Executive’s rights and obligations hereunder, may not be
        assigned by the Executive. Any attempted assignment of this Agreement by
        the
        Executive shall be void and of no force or effect. This
        Agreement and all rights of the Executive hereunder shall inure to the benefit
        of and be enforceable by the Executive’s personal or legal representatives,
        executors, administrators, successors, heirs, distributees, devisees and
        legatees.

       

      
        
           

        

        
          -
            12
            -

          
            

          

        

        
           

        

      

       

      As
        used
        in this Section, the term the “Company” shall include The
        United Illuminating Company, UIL Holdings Corporation, and any successor
        to, or
        acquirer of, the business or assets of the Company that executes and delivers
        the agreement provided for in this Section (12)(c) or which otherwise becomes
        bound by all the terms and provisions of this Agreement by operation of
        law.

       

      (d)  Notices.
        For the
        purpose of this Agreement, notices and all other communications to either
        party
        hereunder provided for in the Agreement shall be in writing and shall be
        deemed
        to have been duly given when delivered or mailed by United States certified
        or
        registered mail, return receipt requested, postage prepaid, addressed, in
        the
        case of the Company, to the Secretary of the Company at 157 Church Street,
        New
        Haven, Connecticut 06506, or, in the case of the Executive, to the Executive
        at
        his residence, or to such other address as either party shall designate by
        giving written notice of such change to the other party.

       

      (e) Waiver;
        Amendment.
        No
        provision of this Agreement may be modified, waived or discharged unless
        such
        waiver, modification or discharge is approved by the UIL Board and agreed
        to in
        a writing signed by the Executive and the Company. No waiver by either party
        hereto at any time of any breach by the other party hereto of, or compliance
        with, any condition or provision of this Agreement to be performed by such
        other
        party shall be deemed a waiver of any similar or dissimilar provisions or
        conditions at the same or at any prior or subsequent time. No agreements
        or
        representations, oral or otherwise, express or implied, with respect to the
        subject matter hereof have been made by either party that are not set forth
        expressly in this Agreement. 

       

      (f)
         Governing
        Law; Severability.
        The
        validity, interpretation, construction and performance of this Agreement
        shall
        be governed by the laws of the State of Connecticut. The validity or
        unenforceability of any provision or provisions of this Agreement shall not
        affect the validity or enforceability of any other provision of this Agreement,
        which shall remain in full force and effect. In the event one or more of
        the
        provisions of this Agreement should, for any reason, be held to be invalid,
        illegal or unenforceable in any respect, the parties agree that such provisions
        shall be legally enforceable to the extent permitted by applicable law, and
        that
        any court of competent jurisdiction shall so enforce such provision, or shall
        have the authority hereunder to modify it to make it enforceable to the greatest
        extent permitted by law. 

       

      (g) No
        Conflict.
        The
        Executive hereby represents and warrants to the Company that neither the
        execution nor the delivery of this Agreement, nor the employment of the
        Executive by the Company will result in the breach of any agreement to which
        the
        Executive is a party.

       

      (h) Survival.
        The
        provisions of this Agreement shall not survive the termination of this Agreement
        or of the Executive’s employment hereunder, except that the provisions of
        Sections (6) through (12) hereof shall survive such termination and shall
        be
        binding upon the Executive, the Executive’s personal representative and/or
        spouse, the Company, and the Company’s successors and assigns.

      
      

      
        
           

        

        
          -
            13
            -

          
            

          

        

        
           

        

      

      
      

       

      
        
          (i) Counterparts;
            Facsimile Execution.
            This Agreement may be executed in two or more counterparts, each of which
            shall
            be deemed an original but all of which together shall constitute one
            and the
            same instrument. Facsimile execution and delivery of this Agreement is
            legal,
            valid and binding execution and delivery for all purposes.

           

        

      

      
        
           

        

        
          -
            14
            -

          
            

          

        

        
           

        

      

      

      

      
        	
                Date:
                  

              	
                July
                  8, 2005

              

      

      

      THE
        UNITED ILLUMINATING COMPANY

      Attest: 

      

      
        	
                /s/
                  Susan E. Allen

              	 	
                By:

              	
                /s/
                  Nathaniel D. Woodson

              
	
                Susan
                  E. Allen

              	 	 	
                Nathaniel
                  D. Woodson

              
	
                Vice
                  President Investor Relations, Corporate Secretary &
                  Treasurer

              	 	 	
                Its
                  Chairman and Chief Executive
                  Officer

              

      

      

      

      Grant
        of
        Performance Shares on 

      foregoing
        terms acknowledged.

      

      
        	
                Date:
                  

              	
                July
                  8, 2005

              	 	
                /s/
                  Gregory W. Buckis

              
	 	 	 	
                Gregory
                  W. Buckis

              

      

      

       

      
        
           

        

        
          -
            15
            -UIL Holdings Exhibit 10.8 dated 11/08/04

                        EXHIBIT
      10.8

    

    EMPLOYMENT
      AGREEMENT

    THIS
      AGREEMENT ( the “Agreement”) is
      made
      as of the 8th day of November, 2004, between UIL Holdings Corporation, a
      Connecticut Corporation (the “Company”) and Deborah C. Hoffman (the
“Executive”),

     

    WITNESSETH
      THAT

    

    WHEREAS,
      the Executive previously has been employed by the Company as its Director of
      Audit Services; and 

    

    WHEREAS,
      the Company desires to continue to employ the Executive as its Director of
      Audit
      Services, and the Executive desires to be so employed by the Company, and the
      parties desire to be bound by the terms of this employment Agreement (the
“Agreement”), which shall supersede and replace all prior employment
      agreements;

    

    NOW
      THEREFORE, in consideration of the foregoing and the respective covenants and
      agreements of the parties herein contained, and the services to be rendered
      to
      the Company pursuant hereto, the parties hereby agree as follows:

     

    (1)  EMPLOYMENT;
      TERM 

     

    (a)  The
      Company hereby agrees to employ the Executive, and the Executive hereby agrees
      to serve the Company, at the pleasure of the Board of Directors of UIL Holdings
      Corporation (the “UIL Board”), all upon the terms and conditions set forth
      herein.

     

    (b)  The
      term
      of this Agreement shall be for a period commencing on the date hereof and ending
      on the second anniversary of the date hereof, unless this Agreement is earlier
      terminated as provided in Section 5 (the “Initial Term”). Unless the Company has
      provided the Executive with at least ninety (90) days prior written notice
      of
      its decision not to renew this Agreement after the Initial Term or any
      subsequent term, this Agreement shall be automatically renewed for a successive
      one year term (the Initial Term and any renewal term being referred to as the
      “Term”). For
      purposes of this Agreement, a non-renewal at the election of the Company at
      the
      end of a Term shall constitute a termination of this Agreement without cause,
      and shall be governed by the provisions of Section 6(c). In no event shall
      the
      Company give notice of a non-renewal from the time that an impending Change
      in
      Control (as hereinafter defined) is announced through the date of the
      consummation of such Change in Control.

     

    
      
        
        

      

      
        -
          1
          -

        
          

        

      

      
        
        

      

    

    

    (2) POSITION
      AND DUTIES

    

    (a)
      The
      Executive shall be employed by the Company as its Director of Audit Services,
      or
      in such other equivalent or higher position as the UIL Board may determine.
      The
      Executive shall:

    

    (i)
      accept such employment and perform and discharge, faithfully, diligently and
      to
      the best of the Executive's abilities, the duties and obligations of the
      Executive's office and such other duties as may from time to time be assigned
      to
      the Executive by, or at the direction of, the UIL Board; and

    

    (ii)
      devote substantially all of the Executive's working time and efforts to the
      business and affairs of the Company.

    

    (b)
      Prior
      to a Change in Control, in the event that the Executive is named by the UIL
      Board to a position higher in rank or compensation than that applicable at
      the
      commencement of the Initial Term, nothing in this Agreement shall obligate
      the
      Company to continue such Executive in such higher position; and the Company
      shall not be deemed in “Breach” of the Agreement (as defined in Section 5(d))
      for failure to continue the Executive in such higher position.

    

    (c)
      If
      the Executive is a participant in the UIL Holdings Corporation Change in Control
      Severance Plan (the “UIL CIC Plan II”) as of a Change in Control as therein
      defined, then for the twenty-four month period after such Change in Control,
      the
      Company’s employment of the Executive shall be without diminishment in the
      Executive's management responsibilities, duties or powers. In the event that
      the
      Executive’s employment is not so continued, the Executive may claim to have
      suffered a Constructive Termination, in accordance with the terms of the UIL
      CIC
      Plan II. 

    

    (3) PLACE
      OF PERFORMANCE

    

    In
      her
      employment by the Company, the Executive shall be based within a fifty (50)-mile
      radius of the current executive offices of the Company in New Haven,
      Connecticut.

     

    (4) COMPENSATION

    

    (a)
      Base
      Salary.
      During
      the Initial Term of the Executive's employment hereunder, the Executive shall
      receive a base salary (“Base Salary”) at an annual rate of One Hundred Twenty
      Six Thousand Seven Hundred Dollars ($126,700.00), payable in accordance with
      the
      then customary payroll practices of the Company. The Executive's performance
      and
      Base Salary shall be reviewed by the UIL Board at least annually, and may be
      revised upward as a result of any such review. The Executive’s Base Salary may
      be revised downward by the UIL Board contemporaneously with any general
      reduction of the salary rates of the Company’s other
      executives.

    
      
        
        

      

      
        -
          2
          -

        
          

        

      

      
        
        

      

    

    (b)
      Incentive
      Compensation.
      During
      the Term of the Executive’s employment hereunder, the Executive shall be
      eligible to be designated by the UIL Board as a participant in each annual
      short-term incentive compensation program, and any long-term incentive program,
      maintained for management employees of the Company; provided, however, that
      entitlement to participation, and continued participation, in any long-term
      equity incentive program shall be conditioned upon the Executive fully complying
      with any stock ownership and retention guidelines from time to time established
      and promulgated by the UIL Board.

    

    For
      purposes of this Agreement, the Executive’s “Accrued
      Incentive Compensation”
      shall
      mean the amount of any annual short-term incentive compensation earned with
      respect to the calendar year ended prior to the Date of Termination (as defined
      in Section 5) but not yet paid as of the Executive’s Date of
      Termination.

    

    The
      Executive’s “Stub-Period
      Incentive Compensation”
      shall
      mean the annual short-term incentive compensation being earned in the year
      in
      which the Executive terminates employment, pro-rated for the year in which
      she
      terminates service, and shall be equal to that short-term annual incentive
      compensation payment to which the Executive would be entitled, if any, under
      the
      terms of the Company’s executive incentive compensation plan, calculated as if
      she had been employed by the Company on the last day of the year including
      her
      Date of Termination, and had achieved personal goals ‘at target’, but based on
      actual performance with respect to the achievement of UIL consolidated financial
      goals (referred to as “Company goals”), multiplied by a fraction, the numerator
      of which is the number of days which have elapsed in such year through the
      Date
      of Termination and the denominator of which is 365. UIL shall determine in
      its
      discretion the composition of the Executive’s scorecard, and what constitutes a
‘personal goal’ and ‘Company goal’; provided generally that an Executive’s
‘personal goals’ shall include, for example, her strategic opportunities,
      leadership, and balance scorecard goals, other than UIL total financial goals,
      and Company goals shall include, for example, UIL consolidated financial goals
      based on earnings per share, cash flow, and all other goals not defined as
      personal goals. In the event that the ‘gate’, if any, is not achieved with
      respect to Company goals, then no Stub-Period Incentive Compensation will be
      paid. Any Stub-Period Incentive Compensation payable upon termination of the
      Executive shall be paid in accordance with Section 6(e) of this
      Agreement.

    

    (c)
      Change
      in Control Severance Plan. The
      Executive shall be designated by the UIL Board as an individual covered by
      the
      UIL Holdings Corporation Change in Control Severance Plan II (the “UIL CIC Plan
      II”), subject to all of the terms and provisions of the UIL CIC Plan II as it
      may be amended from time to time. For purposes of this Agreement, “Change in
      Control” shall have the meaning set forth in the UIL CIC Plan II.
      Nothing
      in this subsection, however, shall entitle the Executive to continued
      participation in such Plan should the UIL Board determine otherwise in
      accordance with the terms of that Plan. In no event shall the Executive be
      entitled to participate in the UIL CIC Plan II if she is still a participant
      under the terms of the UIL Change in Control Severance Plan (restated effective
      October 24, 2003) (“UIL CIC Plan I”), and in no event shall she be entitled to
      benefits under both plans. By signing this Agreement, the Executive hereby
      relinquishes any claim she might have under the CIC Plan I now or in the
      future.

    
      
        
        

      

      
        -
          3
          -

        
          

        

      

      
        
        

      

    

    (d)
      Business
      Expenses.
      During
      the Term, the Executive shall be entitled to receive prompt reimbursement for
      all reasonable employment- related business expenses incurred by the Executive,
      in accordance with the policies and procedures established by the Company Board
      from time to time for all of the Company's executives, provided that the
      Executive properly accounts therefor.

    

    (e)
      Benefit
      Programs.
      During
      the Term of the Executive's employment hereunder and to the extent she meets
      the
      applicable eligibility requirements, the Executive shall be entitled to
      participate in and receive benefits under all of the Company's employee benefit
      plans, programs and arrangements for its similarly situated executives on the
      same terms and conditions that apply to such executives, including, without
      limitation, any plan or program of an affiliated company in which the Company
      is
      a participating employer, but only for so long as the Company remains a
      participating employer. Except as otherwise expressly provided, nothing paid
      to
      the Executive under any such plan, program or arrangement presently in effect
      or
      made available by the Company in the future shall be deemed to be in lieu of
      compensation to the Executive under any other Section of this Agreement.
Nothing
      in this Agreement shall require the Company to maintain a particular benefit
      plan or program, or preclude the Company from amending or terminating any such
      plans, programs or arrangements, including its participation therein, or
      eliminating, reducing or otherwise changing any benefit provided thereunder,
      so
      long as such change similarly affects all similarly situated employees of the
      Company and is in compliance with applicable law.

    

    (f)
      Vacations
      and Holidays.
      The
      Executive shall be entitled to that number of weeks of paid vacation in each
      calendar year determined by the UIL Board from time to time to be available
      to
      similarly situated Company executives, and shall also be entitled to all paid
      holidays afforded by the Company to its management employees.

    

    (5) TERMINATION

    

    (a)
      Death
      or Disability.
      The
      Executive's employment hereunder shall terminate upon the Executive's death
      or
      termination due to disability (as described in Section 6(a) of this
      Agreement).

     

    (b)
      Termination
      by Company for Cause.
      The
      Company may at any time by written notice to the Executive terminate the
      Executive’s employment for Cause in accordance with the following provisions:

     

    (i)
      Termination
      for Cause Prior to a Change in Control.
      Prior
      to the date of a Change in Control, the Company shall be deemed to have “Cause”
      to terminate the Executive’s employment hereunder only upon the Executive’s:

     

    (1)
      failure to comply with any material term of this Agreement, or to perform and
      discharge the duties or obligations of the Executive’s office, or such other
      duties as may from time to time be assigned to the Executive by, or at the
      direction of, the UIL Board, faithfully, diligently, and competently, unless
      any
      such failure is cured in all material respects to the reasonable satisfaction
      of
      the UIL Board within sixty (60) days after the Executive receives written notice
      of such failure; or

    
      
        
        

      

      
        -
          4
          -

        
          

        

      

      
        
        

      

    

    (2)
      failure to devote substantially all of her working time and efforts to the
      business and affairs of the Company unless any such failure is cured in all
      material respects to the reasonable satisfaction of the UIL Board within sixty
      (60) days after the Executive receives written notice of such failure;
      or

     

    (3)
      misconduct that is demonstrably injurious to the interests of the Company or
      its
      Affiliates (as that term is defined in Section 9) unless such misconduct is
      rectified in all material respects to the reasonable satisfaction of the UIL
      Board within thirty (30) days after the Executive receives written notice of
      such misconduct; or

     

    (4)
      commission of a serious crime, such as an act of fraud, misappropriation of
      funds, embezzlement, or a crime involving personal dishonesty or moral
      turpitude. 

     

    (ii)
      Termination
      for Cause After a Change in Control.
      During
      the period that commences on a Change in Control and for twenty-four (24) months
      thereafter (the “Change in Control Protective Period”), and subject to the same
      notice and cure provisions specified above, the Company (or its successor or
      other entity employing the Executive following such Change in Control) shall
      be
      deemed to have Cause to terminate the Executive’s employment hereunder only upon
      the Executive’s:

     

    (1)
      commission of a serious crime, such as an act of fraud, misappropriation of
      funds, embezzlement, or a crime involving personal dishonesty or moral
      turpitude; or

     

    (2)
      misconduct that is demonstrably injurious to the interests of the Company or
      its
      Affiliates; or

    

    (3)
      willful failure of the Executive to substantially perform her duties (other
      than
      by reason of incapacity due to physical or mental illness or
      injury).

     

    (c)  Termination
      by Company without Cause.
      The
      Company may terminate the Executive’s employment at any time, without cause,
      upon ninety (90) days prior written notice to the Executive. 

     

    
      
        
        

      

      
        -
          5
          -

        
          

        

      

      
        
        

      

    

     

    (d)  Termination
      by Executive.
      

     

    (i)  If
      the
      Executive is not in default of any of the Executive’s obligations under Sections
      (2), (9) (10), or (11) hereof, the Executive may terminate employment hereunder
      upon at least thirty (30) days’ prior notice, for failure of the Company to
      observe and perform one or more of its obligations under Sections (2), (3)
      and/or (4) hereof, which failure the Company fails to remedy within such notice
      period (a “Breach by the Company”). 

     

    (ii)  If
      the
      Executive is not in default of any of the Executive’s obligations under Sections
      (2), (9), (10) or (11) hereof, the Executive may terminate employment hereunder
      in the absence of a Breach by the Company, effective upon at least ninety
      (90) days prior
      written notice.

     

    (e)  Date
      of Termination.
      For
      purposes of this Agreement, the “Date of Termination” is defined as (i) the
      Executive’s date of death, in the event of her death; or the date of her
      termination due to disability, in the case of disability, or (ii) the date
      specified in the notice of termination, in the case of the Executive’s
      termination pursuant to Sections (5)(b), (5)(c), 5(d) hereof.

     

    (6) CONSEQUENCES
      OF TERMINATION OR NON-RENEWAL.

     

    (a)
      Termination
      on Death, Disability or Retirement; or by the Executive in the Absence of a
      Breach by the Company upon Adequate Notice. 
      If the
      Executive’s employment terminates by reason of the Executive’s death, or her
      total or partial physical or mental disability such
      that
      the Executive becomes entitled to long-term disability benefits under the
      Company’s long-term disability plan,
      or if
      the Executive retires on or after becoming eligible to retire under the terms
      of
      the Company’s Pension Plan, or terminates employment hereunder in the absence of
      a Breach by the Company upon ninety (90) days prior written notice, the Company
      shall pay to the Executive or, in the event of death or disability, the
      Executive’s personal representative and/or spouse:

     

    (i)
      the
      Executive’s Base Salary earned, but unpaid, as of the Date of Termination and
      Accrued Incentive Compensation (as defined in Section 4(b));

     

    (ii)
      Stub-Period Incentive Compensation (as defined in Section 4(b)) earned, but
      unpaid, as of the Date of Termination, but only in the case of the Executive’s
      death or termination due to disability, or retirement (as hereinbefore defined),
      and not in case of her voluntary termination other than on account of such
      retirement; plus

     

    (iii)
      any
      amounts payable pursuant to (4)(d) (unreimbursed business expenses), (4)(e)
      (employee benefits due and owing), and 4(f) (accrued, but unpaid vacation or
      holidays); plus

     

    (iv)
      any
      benefits or amounts payable on account of the Executive’s (A) participation in
      any long-term incentive compensation plan and equity compensation plan or
      arrangement, and (B) participation in any deferred compensation plan in which
      she was a

     

    
      
        
        

      

      
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    participant
      as of her termination of service, all as determined in accordance with the
      terms
      and conditions of such plans and arrangements. 

     

    Pending
      a
      determination that the Executive is entitled to long-term disability benefits,
      the Executive’s short-term disability benefits shall be extended, as necessary
      at 50% of Base Salary, if her length of employment with the Company is of such
      short duration that her short term disability benefits would otherwise expire
      before her entitlement to long-term disability benefits is
      determined.

     

    Upon
      payment of these amounts, the Company shall have no further obligation to the
      Executive, the Executive’s personal representative and/or spouse under this
      Agreement or on account of, or arising out of, the termination of the
      Executive’s employment.

     

    (b)
      Upon
      Termination for Cause; or by the Executive on fewer than 90 days
      notice.
      If the
      Company terminates the Executive’s employment for Cause, or the Executive
      terminates employment hereunder in the absence of a Breach by the Company and
      upon fewer than ninety
      (90) days prior
      written notice, the Company shall pay to the Executive:

     

    
    

    (i)
      the
      Executive’s Base Salary earned, but unpaid, as of the Date of Termination;
      plus

     

    (ii)
      any
      amounts payable pursuant to Sections (4)(d), (4)(e), and 4(f) hereof, and

     

    (iii)
      any
      benefits payable under any elective non-qualified deferred compensation plan
      in
      which the Executive had been a participant, other than any benefit under any
      supplemental executive retirement plan of the Company or an Affiliate,

     

    whereupon
      the Company shall have no further obligation to the Executive under this
      Agreement or on account of, or arising out of, the termination of the
      Executive’s employment.

     

    (c)
      Upon
      Termination Without Cause, or Upon Breach by the Company, not on account of
      a
      Change in Control.
      If the
      Company terminates the Executive's employment hereunder without Cause (including
      by non-renewal
      of this Agreement at the election of the Company at the end of a
      Term),
      or if
      the Executive terminates the Executive's employment hereunder on account of
      a
      Breach by the Company, and in either case the termination is not upon a Change
      in Control or within the Change in Control Protective Period, the Company shall
      pay or provide (as applicable) to the Executive, the following:

     

    (i)
      the
      Executive’s Base Salary, Accrued Incentive Compensation and Stub-Period
      Incentive Compensation earned, but unpaid, as of the Date of Termination;
      plus

    

    (ii)
      any
      amounts payable pursuant to Sections 4(d), 4(e), and 4(f); plus

    

    (iii)
      any
      benefits or amounts payable on account of the Executive’s (A) participation in
      any long-term incentive compensation plan and equity compensation plan or
      arrangement, and (B) participation in any deferred compensation plan in which
      she was a 

    
      
        
        

      

      
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    participant
      as of her termination of service, all as determined in accordance with the
      terms
      and conditions of such plans and arrangements; plus

    

    (iv)
      a
      lump sum severance payment in an amount equal to the product of 1/12 of the
      Executive’s Base Salary rate approved by the Board of Directors of the Company
      at the time of its most recent review of the salary rates of all of the
      Company’s executives, plus 1/12 of the short-term annual incentive compensation
      payment to which the Executive would be entitled, calculated as if she had
      been
      employed by the Company on the last day of the year of her termination and
      as if
      both personal goals and Company goals had been achieved ‘at target’ without
      pro-ration for the fact that the Executive was employed only for a portion
      of
      the year, multiplied
      by
      the
      number of whole and partial years of the Executive’s service as an Employee of
      the Company at termination (not to be less than 12 nor more than 24 years).
      Except for the assumption that such goals shall have been achieved at target,
      personal and Company goals shall be defined and determined as set forth in
      Section 4(b) of this Agreement.

    

    (v)
      for
      the period ending on the first anniversary of the date of the Executive’s Date
      of Termination, continued participation in the medical and dental plan(s) in
      which she was a participant as of her Date of Termination on the same basis
      as
      if she remained an active employee, provided that such participation is possible
      under the terms and provisions of such plans and programs and applicable law.
      Such period of continued participation shall run concurrently with, and reduce
      day- for-day, any obligation that the Company or any Affiliate would have to
      provide “COBRA” continuation coverage with respect to the Executive’s
      termination of employment. If the Executive’s participation in any such plan or
      program is barred as a result of the Executive’s termination, the Company shall
      arrange to provide the Executive with benefits substantially similar on an
      after-tax basis to those that the Executive would have been entitled to receive
      under such plan or program, provided that with respect to any benefit to be
      provided on an insured basis, the value of such coverage shall be based on
      the
      present value of the premiums expected to be paid for such coverage, and with
      respect to other benefits, such value shall be the present value of the expected
      cost to the Company of providing such benefits.

     

    (d)
      Upon
      Non-renewal of Agreement at end of Term.
      If the
      Executive’s employment hereunder is terminated due to non-renewal of this
      Agreement, the Company shall pay or provide (as applicable) to the Executive
      the
      same payments and benefits to which the Executive would have been entitled
      had
      she been terminated without cause in accordance with Section 6(c) of this
      Agreement.

     

    (e)
      Timing
      of Payment.
      Any
      cash
      amount that is due and owing to the Executive upon her termination of service
      pursuant to Section 6 will be paid as soon as administratively feasible
      following the effective date (including any revocation period) of the Release
      provided for in Section 6(f); provided, however, that (i) any Stub-Period
      Incentive Compensation, and (ii) that portion of any severance payment that
      is
      based on annual short-term incentive compensation shall be paid following the
      close of the year in which the Date of Termination occurs, at the same time
      that
      incentive compensation generally would be payable upon authorization of the
      UIL
      Board to all other employees.

    
      
        
        

      

      
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    (f)
      Release.
      All
      payments and obligations of the Company under Section (6) and (7) shall be
      conditioned upon the execution and delivery by Executive to the Company of
      a
      full and effective release by Executive of any liability by the Company to
      Executive in form and substance reasonably satisfactory to the
      Company.

     

    (7) CHANGE
      IN CONTROL

    

    (a)
      If
      on, or within twenty-four (24) months following a Change in Control, the Company
      (or its successor or other entity employing the Executive following such Change
      in Control) either terminates the Executive's employment hereunder without
      Cause
      or fails to renew this Agreement on substantially identical terms, or if the
      Executive terminates the Executive's employment on account of a Constructive
      Termination (as defined in the UIL CIC Plan II), then the Executive shall be
      entitled to the following:

    

    (i)
      the
      Executive’s Base Salary, Accrued Incentive Compensation and Stub-Period
      Incentive Compensation earned, but unpaid, prior to the Date of Termination;
      plus

    

    (ii)
      any
      amounts payable pursuant to Sections 4(d), 4(e), and 4(f) hereof;
      plus

    

    (iii)
      any
      benefits or amounts payable on account of the Executive’s (A) participation in
      any long-term incentive compensation plan and equity compensation plan or
      arrangement, and (B) participation in any deferred compensation plan in which
      she was a participant as of her termination of service, all as determined in
      accordance with the terms and conditions of such plans and arrangements;
      plus

    

    (iv)
      those payments, and benefits, if any, to which the Executive is entitled by
      reason of having been designated a Participant in the UIL CIC Plan II. The
      severance payments, pension supplements and other benefit provisions under
      such
      Plan (the “Total UIL CIC Plan Package”) shall be controlling and shall supplant
      the payments and benefits to which the Executive would be entitled assuming
      she
      were terminated without Cause pursuant to the terms of this Agreement, including
      without limitation any severance benefits, supplemental retirement benefits,
      short-term incentive compensation and other compensation and benefits (other
      than long term incentive compensation) under this Agreement (the “Employment
      Agreement Termination Package”); expressly provided, however, that in the event
      that the Employment Agreement Termination Package exceeds the value of the
      Total
      UIL CIC Plan Package, then the Executive shall be entitled to select one or
      the
      other Package, but shall not be entitled to both, and shall not be entitled
      to
      select among compensation elements in each Package.

    

    Notwithstanding
      the foregoing, in the event a Change in Control (as defined in the UIL CIC
      Plan
      II) occurs on or before October 24, 2008, and the Executive is an employee
      in
      good standing under a CIC plan of the Company or UIL at the time of such Change
      in Control, the Executive shall be entitled, in lieu of the severance under
      such
      CIC plan, to a grandfathered severance benefit under such plan, based on the
      severance formula in effect under the CIC Plan I as of October 23, 2003 in
      the
      amount of Two Hundred Ninety Six Thousand, Nine Hundred Twenty

    
      
        
        

      

      
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    Two
      Dollars ($296,922.00), if such amount would be greater than the amount of the
      severance benefit to which the Executive otherwise would be entitled under
      the
      CIC II Plan, or such other CIC plan as may be in effect with respect to the
      Executive at such time.

    

    (b)
      For
      purposes of this Agreement, Change in Control shall mean “Change in Control” as
      defined with respect to the Company employing the Executive in the UIL CIC
      Plan
      II, as amended from time to time.

    

    (c)
      During the Change in Control Protective Period, the Executive’s Base Salary may
      not be reduced to an annual rate less than the Base Salary rate fixed by the
      UIL
      Board as a result of its most recent review of salary rates, unless such
      reduction is part of, and consistent with, a general reduction of the
      compensation rates of all employees of the Company, its successor, or purchaser
      of assets, as the case may be.

    

    (d)
      Payment of benefits under this Section 7 shall be subject to, and conditioned
      upon, the provisions of Section 6(e) and (f) hereof.

    

    (8)
      TAX SAVINGS PROVISION

    

    If
      any
      portion of the payments which the Executive has the right to receive from the
      Company, or any affiliated entity, hereunder would constitute "excess parachute
      payments" (as defined in Section 280G of the Internal Revenue Code, and not
      governed by the terms defined in this Agreement) subject to the excise tax
      imposed by Section 4999 of the Internal Revenue Code, such excess parachute
      payments shall be reduced to the largest amount that will result in no portion
      of such excess parachute payments being subject to the excise tax imposed by
      Section 4999 of the Internal Revenue Code.

    

    (9)
      CONFIDENTIAL INFORMATION

    

    The
      Executive recognizes that the Executive’s employment by the Company is one of
      highest trust and confidence by reason of her access to certain trade secrets,
      confidential business practices, and proprietary information concerning the
      Company or any person or entity that directly, or indirectly through one or
      more
      intermediaries, controls or is controlled by, or is under common control with,
      the Company (an “Affiliate”), including, without limitation, the Company’s
      methods of doing business, marketing and strategic business plans, employees’
      compensation and contract terms, customer lists and customer characteristics
      (collectively referred to as “Proprietary Information”). The Executive agrees
      and covenants to exercise utmost diligence to protect and safeguard the trade
      secrets, confidential business practices and Proprietary Information concerning
      the Company and any Affiliate. The Executive further agrees and covenants that,
      except with the prior written consent of the Company, she will not, either
      during the Term hereof or thereafter, directly or indirectly, use for her own
      benefit or for the benefit of any other person or organization, or disclose,
      disseminate or distribute to any other person or organization, any of the
      Proprietary Information (whether or not acquired, learned, obtained or developed
      by the Executive alone or in conjunction with another), unless and until such
      Proprietary Information has become a matter of public knowledge through no
      action or fault of the Executive or unless otherwise required by court order
      to
      comply with legal process. All 

    
      
        
        

      

      
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    memoranda,
      notes, records, drawings, documents or other writings whatsoever made, compiled,
      acquired or received by the Executive during the Term hereof arising out of,
      in
      connection with, or related to any activity or business of the Company are
      and
      shall continue to be the sole and exclusive property of the Company, and shall,
      together with all copies thereof, be returned and delivered to the Company
      by
      the Executive immediately, when she ceases to be employed by the Company, or
      at
      any other time upon the Company’s demand.

    

    (10)
      NON-COMPETITION

    

    The
      Executive agrees and covenants that, during the Term of this Agreement and
      for a
      period of twelve (12) months following the month during which the Executive
      ceases to be employed by the Company and its Affiliates (the “time in
      question”), the Executive will not, in any capacity, directly or
      indirectly,
      whether
      as a consultant, employee, officer, director, partner, member, principal,
      shareholder, or otherwise: 

    

    (a)
      become employed by, enter into a consulting arrangement with, or otherwise
      perform services for, manage, acquire an ownership in, or participate in the
      management or ownership of, a Competitor; or

    

    (b)
      directly or indirectly divert or attempt to divert from the Company or any
      Affiliate any business in which the Company or any Affiliate has been actively
      engaged during the Term hereof, or in any way interfere with the relationships
      that the Corporation or any Affiliate has with its sources of supply or
      customers; or

    

    (c)
      directly or indirectly interfere or attempt to interfere with the relationship
      between the Company or any Affiliate and any of such entity’s employees;

    

    unless
      the Company has granted prior written approval which may be withheld for any
      reason.

    

    For
      purposes of this Section “Competitor” means any person or entity (a ‘business’)
      that sells goods or services that are directly competitive with those goods
      or
      services sold or provided by the Company or any Affiliate in a geographic area
      in which the Company or Affiliate is doing business and such Competitor is
      also
      doing business at the time in question, and such goods or services were being
      sold or provided at the Date of Termination, and, for the Company’s most
      recently completed fiscal year ending with, or immediately prior to, the Date
      of
      Termination, contributed more than 10% of the revenue of the Company and its
      Affiliates. Notwithstanding anything to the contrary in this Section, a business
      shall not deemed to be a Competitor with the Company if the Executive is
      employed by, or otherwise associated with such business, and that business
      has a
      unit that is in competition with the Company or an Affiliate, but the Executive
      does not have direct or indirect responsibilities for the services or goods
      involved in the competition.

    

    Nothing
      in this Section shall be construed to prohibit the ownership by the Executive
      of
      less than five percent (5%) of any class of securities of any entity that is
      engaged in any of the foregoing businesses having a class of securities
      registered pursuant to the Securities Exchange Act of 1934 (the “Exchange Act”),
      provided that such ownership represents a passive investment and that

    
      
        
        

      

      
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    neither
      the Executive, nor any group of persons including the Executive, in any way,
      directly or indirectly, manages or exercises control of such entity, guarantees
      any of its financial obligations, or otherwise takes any part in its business,
      other than through exercising the Executive’s rights as a
      shareholder.

    

    For
      purposes of this Section “Affiliate” means any entity that directly or
      indirectly controls, is controlled by, or is under common control with the
      Company.

    

    As
      used
      in Sections 9-11, the term the “Company” shall mean UIL Holdings Corporation,
      and any successor to, or acquirer of, the business or assets of the
      Company.

     

    (11)
      DISCLOSURE AND ASSIGNMENT OF INVENTIONS AND DISCOVERIES

     

    (a)
      Disclosure
      of Inventions.
      The
      Executive agrees to make prompt and complete disclosure to the Company of all
      inventions and discoveries made or conceived by him, alone or with others,
      while
      this Agreement is in effect, or within a reasonable time thereafter, which
      arise
      out of or relate to the services rendered pursuant to this Agreement. The
      Executive also agrees to keep necessary records, including notes, sketches,
      drawings, models and data supporting all such
      inventions and discoveries made by him, alone or with others, during the course
      of performing the services pursuant to this Agreement, and the Executive agrees
      to furnish the Company, upon request, all such records. 

     

    (b)
      Assignment
      of Inventions and Discoveries.
      The
      Executive also agrees that she will assign to the Company all inventions and
      discoveries made by him which arise out of and pertain to the services rendered
      pursuant to this Agreement, together with all domestic and foreign patents
      as
      may be obtained on these inventions and discoveries. The Executive further
      agrees that, upon request of the Company, she will execute all necessary papers
      and cooperate in the fullest degree with the Company in securing, maintaining
      and enforcing any such patents which arise out of her services under this
      Agreement. It is understood, however, that these obligations undertaken by
      Executive will be at no expense to him.

     

    (12)
      MISCELLANEOUS. 

     

    
    

    (a)
      Equitable
      Remedies.
      The
      Executive acknowledges that the restrictions provided for in Sections (9)
      through (11) are reasonable and necessary in order to protect the legitimate
      interests of the Company and its Affiliates, and that any violation thereof
      would result in serious damage and irreparable injury to the Company and its
      Affiliates. Further, the
      Executive acknowledges that the services to be rendered by him are of such
      unique and extraordinary nature, and the resulting injury to the Company from
      a
      breach of Sections (9) through (11), inclusive, by the Executive would be of
      such a nature, that an action at law for the collection of damages would not
      provide adequate relief to the Company for the enforcement of its rights in
      the
      event of an actual or threatened violation by the Executive of her commitments
      and obligations under Sections (9) through (11). The Executive agrees that
      upon
      the actual or threatened breach
      or
      violation of any of the commitments under Section (9) through (11), the Company
      shall be entitled to both preliminary and permanent injunctive relief, in any
      action or proceeding brought in an appropriate court having jurisdiction over
      the Executive, to restrain him from committing any violation of any such
      commitments and obligations. 

     

    
      
        
        

      

      
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    (b)
      Effect
      Of Breach.
      All
      payments and other benefits payable but not yet distributed to Executive under
      Sections (6) or (7) shall be forfeited and discontinued in the event that the
      Executive violates Sections (9) through (11) of this Agreement, or willfully
      engages in conduct which is materially injurious to the Company, monetarily
      or
      otherwise, all as determined in the sole discretion of the Company.

     

    (c)
      Successors;
      Binding Agreement; Assignment.
      

     

    (i)
      The
      Company will require the acquirer of all or substantially all of the business
      or
      assets of the Company (whether directly or indirectly, by purchase of stock
      or
      assets, merger, consolidation or otherwise), by agreement in form and substance
      reasonably satisfactory to the Executive, to expressly assume and agree to
      perform this Agreement in the same manner and to the same extent that the
      Company would be required to perform it if no such succession had taken place.
      If the Company fails to obtain such agreement prior to the effective date of
      any
      such succession, the Executive may terminate her employment with in thirty
      (30)
      days of such succession and treat such termination as a Breach by the Company
      and termination without cause on account of a Change in Control entitling the
      Executive to payments and benefits under Section 7 of this Agreement. For
      purposes of implementing the foregoing, the date on which any such succession
      becomes effective shall be deemed the Date of Termination.

     

    (ii) This
      Agreement, and the Executive’s rights and obligations hereunder, may not be
      assigned by the Executive. Any attempted assignment of this Agreement by the
      Executive shall be void and of no force or effect. This
      Agreement and all rights of the Executive hereunder shall inure to the benefit
      of and be enforceable by the Executive’s personal or legal representatives,
      executors, administrators, successors, heirs, distributees, devisees and
      legatees.

     

    As
      used
      in this Section, the term the “Company” shall include The
      United Illuminating Company, UIL Holdings Corporation, and any successor to,
      or
      acquirer of, the business or assets of the Company that executes and delivers
      the agreement provided for in this Section (12)(c) or which otherwise becomes
      bound by all the terms and provisions of this Agreement by operation of
      law.

     

    (d)  Notices.
      For the
      purpose of this Agreement, notices and all other communications to either party
      hereunder provided for in the Agreement shall be in writing and shall be deemed
      to have been duly given when delivered or mailed by United States certified
      or
      registered mail, return receipt requested, postage prepaid, addressed, in the
      case of the Company, to the Secretary of the Company at 157 Church Street,
      New
      Haven, Connecticut 06506, or, in the case of the Executive, to the Executive
      at
      her residence, or to such other address as either party shall designate by
      giving written notice of such change to the other party.

     

    (e) Waiver;
      Amendment.
      No
      provision of this Agreement may be modified, waived or discharged unless such
      waiver, modification or discharge is approved by the UIL Board and agreed to
      in
      a writing signed by the Executive and the Company. No waiver by either party
      hereto at any time of any breach by the other party hereto of, or compliance
      with, any condition or provision of this Agreement to be performed by such
      other
      party shall be deemed a waiver of any similar or dissimilar provisions or
      conditions at the same or at any prior or subsequent time. No agreements or
      representations, oral or otherwise, express or implied, with

     

    
      
        
        

      

      
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    respect
      to the subject matter hereof have been made by either party that are not set
      forth expressly in this Agreement. 

     

    (f)
       Governing
      Law; Severability.
      The
      validity, interpretation, construction and performance of this Agreement shall
      be governed by the laws of the State of Connecticut. The validity or
      unenforceability of any provision or provisions of this Agreement shall not
      affect the validity or enforceability of any other provision of this Agreement,
      which shall remain in full force and effect. In the event one or more of the
      provisions of this Agreement should, for any reason, be held to be invalid,
      illegal or unenforceable in any respect, the parties agree that such provisions
      shall be legally enforceable to the extent permitted by applicable law, and
      that
      any court of competent jurisdiction shall so enforce such provision, or shall
      have the authority hereunder to modify it to make it enforceable to the greatest
      extent permitted by law. 

     

    (g) No
      Conflict.
      The
      Executive hereby represents and warrants to the Company that neither the
      execution nor the delivery of this Agreement, nor the employment of the
      Executive by the Company will result in the breach of any agreement to which
      the
      Executive is a party.

     

    (h) Survival.
      The
      provisions of this Agreement shall not survive the termination of this Agreement
      or of the Executive’s employment hereunder, except that the provisions of
      Sections (6) through (12) hereof shall survive such termination and shall be
      binding upon the Executive, the Executive’s personal representative and/or
      spouse, the Company, and the Company’s successors and assigns.

     

    
    

    (i) Counterparts;
      Facsimile Execution.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed an original but all of which together shall constitute one and the same
      instrument. Facsimile execution and delivery of this Agreement is legal, valid
      and binding execution and delivery for all purposes.

     

    
      
        
        

      

      
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    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
      day
      and year first above written.

    

    

    
      	
              Date:
                

            	
              November
                8, 2004

            

    

    

    UIL
      HOLDINGS CORPORATION

    Attest: 

    

    
      	
              /s/
                Susan E. Allen

            	 	
              By:

            	
              /s/
                Nathaniel D. Woodson

            
	
              Susan
                E. Allen

            	 	 	
              Nathaniel
                D. Woodson

            
	
              Vice
                President Investor Relations, Corporate Secretary &
                Treasurer

            	 	 	
              Its
                Chairman, President and Chief Executive
                Officer

            

    

    

     

    
      	
              Date:
                

            	
              November
                8, 2004

            	 	
              /s/
                Deborah C. Hoffman

            
	 	 	 	
              Deborah
                C. Hoffman

            

    

    

    
      
        
        

      

      
        -
          15
          -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]