0000950123-10-071509 Sample Contracts

PERFORMANCE SHARE AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Performance Share Agreement • August 3rd, 2010 • Pinnacle West Capital Corp • Electric services • Arizona

THIS AWARD AGREEMENT is made and entered into as of , 2010 (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and (“Employee”).

RESTRICTED STOCK UNIT AGREEMENT UNDER THE PINNACLE WEST CAPITAL CORPORATION 2007 LONG-TERM INCENTIVE PLAN
Restricted Stock Unit Agreement • August 3rd, 2010 • Pinnacle West Capital Corp • Electric services • Arizona

THIS AWARD AGREEMENT is made and entered into as of , 2010 (the “Date of Grant”), by and between Pinnacle West Capital Corporation (the “Company”), and (“Employee”).