LIFE INSURANCE PREMIUM AGREEMENT

Life Insurance Split Dollar Agreement

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NATIONAL FUEL GAS CO | Life Insurance | National Fuel Gas Company

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Title: LIFE INSURANCE PREMIUM AGREEMENT
Date: 9/23/2009
Industry: Natural Gas Utilities Sector: Utilities

LIFE INSURANCE PREMIUM AGREEMENT

This Life Insurance Premium Agreement (“Agreement”) is made by and between National Fuel Gas Company (the “Company”) and David F. Smith (the “Executive”).

WHEREAS, the Executive, an individual residing at 9295 Hunt Club Lane, Clarence, New York, is the Chief Executive Officer and President of the Company; and

WHEREAS, in recognition of the Executive’s valuable service to the Company and as an inducement to him to continue such service, the Company wishes to assist him in providing life insurance protection for his family.

NOW THEREFORE, in consideration of his continued service as an executive officer, National Fuel Gas Company hereby agrees to pay David F. Smith certain amounts on the following terms and conditions:

Commencing on October 1, 2009, and continuing each year until the Termination Date (as hereinafter defined), on or about each October 1st, the Company will pay to the Executive a sum of Thirty Three Thousand Dollars ($33,000), provided that the Company’s obligation to make each such p

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