Montreal, QC (Sports Network) - The Montreal Canadiens signed goaltender Carey Price to a two-year contract on Thursday. Per team policy, financial terms of the deal were not disclosed.

The 23-year-old veteran of three seasons appeared in 41 games for the Habs in 2009-10 and posted a 13-20-5 record with a 2.77 goals against average and .912 save percentage.

"We are extremely happy that Carey has agreed to pursue his career with the Canadiens," said Montreal general manager Pierre Gauthier. "Carey is a key member of our club. He has proven that he has what it takes to be a good goaltender in the league, and we are confident he will perform to the best of his abilities for years to come in a Canadiens uniform."

The fifth overall pick in the 2005 draft by Montreal, Price has appeared in 134 career games and is 60-48-18 with four shutouts and a 2.73 GAA.

09/02 16:21:23 ET