On April 22, 2009, the shareholders of EQT Corporation (the "Company") approved the EQT Corporation 2009 Long-Term Incentive Plan (the "Plan"), a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference. The Plan is designed to assist the Company in attracting, retaining and motivating employees and non-employee directors of outstanding ability and to align their interests with those of the shareholders of the Company.

Awards under the Plan may be in the form of stock options, stock appreciation rights, restricted stock, restricted stock units, restricted performance shares, performance awards, dividend equivalents and other stock and cash-based awards. In the case of awards to employees, the Plan is administered by the Compensation Committee of the Board of Directors and in the case of awards to non-employee directors, the Plan is administered by the Board. Eligible participants include active employees of the Company or any of its affiliates and non-employee directors of the Company or any of its affiliates.

(d) Exhibits

Exhibit No.   Description
10.1          EQT Corporation 2009 Long-Term Incentive Plan
10.2          Form of Participant Award Agreement (Restricted Stock) under 2009 EQT
              Corporation Long-Term Incentive Plan
10.3          Form of Participant Award Agreement (Stock Option) under 2009 EQT
              Corporation Long-Term Incentive Plan