Employment Agreement
BASIN ELECTRIC POWER COOPERATIVE
EMPLOYMENT AGREEMENT
THISEMPLOYMENTAGREEMENT ("Agreement")ismadeandenteredintoeffectiveas of the 16thday of July 2026("Effective Date"), by and between Basin Electric Power Cooperative ("Employer")and Todd Brickhouse ("Employee").
ThisAgreement replaces andsupersedes theEmployment Agreement enteredbetween the Employer and Employee dated the 22ndday of December 2025.
In consideration of the mutual covenants contained in this Agreement, Employer and Employee agree as follows:
ARTICLE1.
EMPLOYMENT,TERM,ANDROLE
1.1 Employment.Employer agrees to employ Employee, and Employee agrees to employment by Employer on theterms and conditions contained inthis Agreement.
1.2 Term.Employee's employment pursuant to this Agreement shall be effective as of the EffectiveDatethroughDecember 31,2028("Term") unlessearlierterminatedinaccordance with Article 3.
1.3 Role.Employee shall serveEmployer asChiefExecutive Officer andGeneralManager. Employee is the senior executive officer of the Employer and the Employer's wholly owned subsidiaries.Employee may serveasi)anexecutive officer ordirector ofotherentitiesownedin partbytheEmployerandii)anofficerordirector ofotherentitiestheEmployer conductsbusiness with or is associated with for utility industry activities (i andii collectively "Affiliates").
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