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Exhibit 10(a)

CLECO CORPORATION

2000 LONG-TERM INCENTIVE COMPENSATION PLAN

 

Amendment No. 1

(Elimination of Restricted Stock Award)

Whereas, Cleco Corporation, a corporation organized and existing under the laws
of the State of Louisiana (the "Company"), adopted the 2000 Long-Term Incentive
Compensation Plan (the "LTIP"), which plan was approved by the shareholders of
the Company on April 28, 2000;

Whereas, the Company now desires to amend the LTIP to eliminate the award of
restricted stock thereunder with respect to certain nonemployee members of the
Board of Directors of the Company;

Whereas, Section 12.1 of the LTIP permits the Board of Directors of the Company
to amend the LTIP, subject to any limitations imposed by applicable law;

Now, Therefore, effective as of December 12, 2003, Section 11.2 of the LTIP
shall be amended and restated in its entirety as follows:

"11.2    Restricted Stock Awards.  This section intentionally left blank."

This Amendment No. 1 was approved by the Board of Directors of the Company on
December 12, 2003, to be effective as of the dates set forth above.

 

 

CLECO CORPORATION

 

 

 

By:  /s/  Catherine C. Powell                       

 

 

 

Its:  Sr. V.P. - Corporate Services               

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