Pinnacle West Capital Corp – ‘10-K’ for 12/31/99 – EX-10.16A

On:  Wednesday, 3/29/00   ·   As of:  3/30/00   ·   For:  12/31/99   ·   Accession #:  950147-0-476   ·   File #:  1-08962

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report for the Year Ended 12/31/1999           84    442K 
 2: EX-10.1.A   2000 Management Variable Incentive Plan                1      7K 
11: EX-10.10.A  Second Amendment to Deferred Compensation Plan         4     19K 
12: EX-10.11.A  First Amendment to Stock Option and Incent. Plan       3     15K 
13: EX-10.12A   First Amendment to 1994 Long-Term Incentive Plan       3     14K 
14: EX-10.13A   Supplemental Excess Benefit Retirement Plan           14     42K 
15: EX-10.14A   Trust for Deferred Comp. Plans Dated 08/01/1996       14     47K 
16: EX-10.15A   First Amendment Dated 12/07/1999                       2     10K 
17: EX-10.16A   Letter Agreement Dated 7/28/95 - Flores                1     11K 
18: EX-10.17A   Letter Agreement Dated 10/3/97 - Levine                1      9K 
 3: EX-10.2.A   2000 Sr. Mgmt Variable Incentive Plan                  1      7K 
 4: EX-10.3.A   2000 Officer Variable Incentive Plan                   1      7K 
 5: EX-10.4.A   2000 Mgmt Variable Incentive Plan (Aps)                1      7K 
 6: EX-10.5.A   2000 Sr. Mgmt Variable Incentive Plan (Aps)            1      7K 
 7: EX-10.6.A   2000 Officers Variable Incentive Plan (Aps)            1      7K 
 8: EX-10.7.A   First Amendment Effective as of 01/01/1998             2     11K 
 9: EX-10.8.A   Fourth Amendment Effective Dated 12/28/1999            2±    12K 
10: EX-10.9.A   Letter Agreement Dated 12/13/1999                      7     35K 
19: EX-21       Subsidiaries of Pinnacle West Capital Corporation      2±     9K 
20: EX-23.1     Consent of Deloitte & Touche LLP                       1      8K 
21: EX-27.1     Financial Data Schedule                                1      9K 

EX-10.16A   —   Letter Agreement Dated 7/28/95 – Flores

Exhibit 10.16a

 APS
Arizona Public Service Company
P.O. Box 53999 o PHOENIX, ARIZONA 85072-3999

July 28, 1995                                                                   

Armando B. Flores                                                               
400 North 5th Street                                                            
Phoenix, AZ  85004                                                              

Dear Armando,                                                                   

During your years of employment, you have developed an intimate knowledge of the
Company and its operations which, together with your skills and experience,  has
proven  to  be   invaluable.   We  recognize   that  there  are  other  business
opportunities  available to you and that your departure  would be detrimental to
the Company.                                                                    

Therefore,  the  Company  agrees  to  provide  you,  in  consideration  for your
continued employment,  deferred compensation in excess of that which is provided
for  under  the  Supplemental  Excess  Benefit  Retirement  Plan  (SEBRP).   The
additional  deferred  compensation  is equal to the amount  which you would have
been  entitled  under the terms of the SEBRP  with  eight  additional  "years of
service".                                                                       

Except as otherwise provided below, the deferred compensation payable under this
agreement  shall be paid  over the same  period  and in the same  form and shall
commence on the same date as the benefit actually payable to you under the SEBRP
as a result of your  status as an  officer  of the  Company.  The  Company  will
withhold all  required  federal and state taxes from such  payments.  You should
also be aware  that you will  incur  additional  FICA  costs as a result of this
increase in benefits.  The deferred  compensation  payable to you as a result of
this letter will be payable from the Company's general assets.                  

While you are an "at-will"  employee this  additional  deferred  compensation is
subject to  revocation in the event your  employment is terminated  for "cause".
For "cause" to be  determined  in the sole and  absolute  discretion  of the APS
Board of Directors.                                                             

With the assurances  provided by this letter,  we trust that we can look forward
to your continuing efforts on behalf of the Company.                            

Very truly yours,                                                               

William J. Post                                                                 

William J. Post                                                                 
Chief Operating Officer and Senior Vice President                               

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing		Date		Other Filings
Filed as of:		3/30/00
Filed on:		3/29/00
For Period End:		12/31/99		11-K,  5,  U-3A-2
		7/28/95
				List all Filings

4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/27/24  Pinnacle West Capital Corp.       10-K       12/31/23  147:25M
 2/27/23  Pinnacle West Capital Corp.       10-K       12/31/22  146:28M
 2/25/22  Pinnacle West Capital Corp.       10-K       12/31/21  150:28M
 2/24/21  Pinnacle West Capital Corp.       10-K       12/31/20  144:26M