SEC Contract Filing

Filing Date: 2015-05-01

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>4
<FILENAME>ex104restrictedstockunitag.htm
<DESCRIPTION>RS UNIT AGREEMENT FOR THE 2015 OMNIBUS PLAN
<TEXT>
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 <title>EX 10.4 Restricted Stock Unit Agreement 4-28-15</title>
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<a name="sabefdddf9319411d8bab417ad1744b26"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;padding-top:1px;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Exhibit 10.4</font></div><div style="line-height:120%;padding-top:1px;text-align:left;padding-left:6px;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;font-weight:bold;">Black Hills Corporation</font></div><div style="line-height:120%;text-align:left;padding-left:6px;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;font-weight:bold;">2015 Omnibus Incentive Plan</font></div><div style="line-height:120%;text-align:left;padding-left:6px;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;font-weight:bold;">Restricted Stock Unit Agreement</font></div><div style="line-height:120%;padding-top:0px;text-align:left;padding-left:6px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">(Effective for Awards granted on or after April 28, 2015)</font></div><div style="line-height:120%;text-align:left;"><hr></div><div style="line-height:120%;padding-top:1px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-top:2px;text-align:left;padding-left:6px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Dear ________________:</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:6px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Congratulations on your award under the Black Hills Corporation 2015 Omnibus Incentive Plan (the &#8220;Omnibus Plan&#8221;) and your participation in the Black Hills Corporation Nonqualified Deferred Compensation Plan (the &#8220;NDC Plan&#8221;) (collectively, the &#8220;Plans&#8221;). This Agreement and the Plans together govern your rights to the award and set forth all of the conditions and limitations affecting such rights. All capitalized terms shall have the meanings ascribed to them in the respective Plan unless specifically set forth otherwise herein. If there is any inconsistency between the terms of this Agreement and the terms of the Plans, the Plans&#8217; terms shall supersede and replace the conflicting terms of this Agreement. By signing below, you agree to be bound by all the provisions of the Plans and this Agreement.</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:6px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Overview of Your Award.</font></div><div style="line-height:120%;text-align:left;padding-left:54px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:54px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:6px;"><font style="font-family:inherit;font-size:11pt;">1</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Number of Restricted Stock Units Granted.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">_______</font><font style="font-family:inherit;font-size:11pt;">&#32;Restricted Stock Units ("RSUs&#8221;), each unit corresponding to one share of Black Hills Corporation common stock. Each RSU constitutes only an unsecured promise of the Company to deliver a share of common stock to the Participant under the terms of the NDC Plan. As a holder of RSUs, the Participant has only the rights of a general unsecured creditor of the Company.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:54px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:54px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:6px;"><font style="font-family:inherit;font-size:11pt;">2.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Date of Grant.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">__________</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:54px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:54px;"></td><td></td></tr><tr><td style="v