Energen Corporation Performance Share Award Agreement under Stock Incentive Plan

Summary

Energen Corporation grants a Performance Share Award to a participant under its Stock Incentive Plan. The agreement specifies the number of shares, grant date, award period, and performance conditions that must be met for the participant to receive the shares. The award is subject to the plan’s terms, including restrictions on transfer and possible forfeiture. The participant agrees to accept the decisions of the company’s committee or board as final regarding the plan.

EX-10.T 4 exhibit10t.htm FORM OF PERFORMANCE SHARE AWARD Exhibit10(t)

Exhibit 10(t)

ENERGEN CORPORATION STOCK INCENTIVE PLAN

PERFORMANCE SHARE AWARD

Dated as of _________,______

An Award of Performance Shares is hereby granted to the below named Participant. This Award is granted under the Energen Corporation Stock Incentive Plan (“the Plan”), dated November 25, 1997, as amended, and is subject in all respects to the terms and provisions of the Plan which is incorporated herein by reference. Without limiting the generality of the foregoing, this Award is subject to the transferability restrictions and forfeiture provisions set forth in the Plan. Words defined in the Plan and used in this Agreement shall have the meanings set forth in the Plan. The attributes of this Award are as follows:



1)	Participant: «Name»

2)	Number of Performance Shares: «Shares»

3)	Grant Date: ______________

4)	Award Period: ____________, ____ to __________, ____.

5)	Performance Conditions: The Award is subject to the following Performance Conditions:



6)	Additional terms and conditions: [None / specified additional conditions].



	ENERGEN CORPORATION

	By

	Its

The Participant hereby accepts this Performance Share Award and agrees to accept as binding, conclusive, and final all decisions and interpretations of the Committee and/or the Board, upon any questions arising under the Plan.




	Participant - «Name»