Exhibit 10.2

AMENDMENT NO. 1

TO

PACIFICORP

COMPENSATION REDUCTION PLAN

2002 Restatement

 

PacifiCorp
an Oregon corporation
825 N.E. Multnomah Street
Portland, Oregon 97232

Company

The 2002 Restatement of the Plan, is amended as follows:

 

1.

Account Transfers

4.4      A Participant shall be permitted to transfer amounts from the Credit
Account to the Stock Account up two times each year. Such transfers shall be
permitted upon receipt of permission to deal from the Scottishpower plc
Corporate Secretary’s Department. The minimum amount of each transfer shall be
$2,000.

 

2.

Effective Date

This Amendment shall be effective July 1, 2003.

Adopted: July 1, 2003.

 

Company

 

PACIFICORP

 

By: 

/s/ Judi A. Johansen

 

 

 

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Judi A. Johansen

 

 

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Print or type name

 

 

Date signed: 07/07/03

 

 

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