Equitable Resources, Inc. 2007 Supply Long-Term Incentive Program Award Agreement
Equitable Resources, Inc. grants the recipient a specified number of Target Share Units under its 2007 Supply Long-Term Incentive Program, as approved by the Compensation Committee. The value of these units is tied to the company's common stock. The agreement outlines that vesting, allocation, and distribution of the units are governed by the terms of the attached Program document. The recipient acknowledges receipt of the award and agrees to comply with all program terms and conditions.
Exhibit 10.01(i)
| | 225 North Shore Drive, 6th Floor |
| Pittsburgh, PA ###-###-#### | |
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| Phone: ###-###-#### |
September , 2007
«FirstName» «MiddleIni» «LastName»
«Address1»
«City», «State» «ZipCode»
Dear «Nickname»:
Pursuant to the terms and conditions of the Company’s 1999 Long-Term Incentive Plan (the “Plan”) and the 2007 Supply Long-Term Incentive Program (the “Program”), on August 15, 2007, the Compensation Committee of the Board of Directors of Equitable Resources, Inc. (the “Committee”) granted you «NumberUnits» Target Share Units (the “Award”), the value of which is determined by reference to the Company’s common stock. The terms and conditions of the Award, including, without limitation, vesting, allocation of Target Share Units among Performance Periods (as defined in the Program) and distribution, shall be governed by the provisions of the Program document attached hereto as Exhibit A.
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| Johanna G. O’Loughlin |
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| For the Compensation Committee |
The undersigned hereby acknowledges receipt of this award granted on the date shown above, the terms of which are subject to the terms and conditions of the Program as referenced above. The undersigned further acknowledges receipt of a copy of the Program document and agrees to be bound by all the provisions hereof and thereof.
| Signature: |
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| Date: |
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| «FirstName» «MiddleIni» «LastName» |
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