ex10_1-30.htm


    Exhibit
10.1.30

    


    Compensation
Arrangements with Directors and Named Executive Officers

    


    Following
is a description of compensatory arrangements with directors and base salaries
for named executive officers, effective as of January 1, 2010.

    


    Directors 

    Directors
receive an annual retainer of $90,000 ($55,000 of which is paid through the
Long-Term Incentive Plan in common stock or, at the election of the director,
Director Deferred Share Units) for service as directors of Great Plains Energy
and, as applicable, its public utility subsidiaries.  The lead
director receives an additional annual retainer of $20,000, and the chairs of
the Board’s Audit, Compensation and Development, and Governance Committees
receive an additional annual retainer of $10,000, $5,000 and $5,000,
respectively.  Attendance fees of $1,500 for each Board meeting and
$1,500 for each committee and other meeting attended are also
paid.  Directors may defer the receipt of all or part of the cash
retainers and meeting fees.

    


    The
Company offers life and medical insurance coverage for our non-employee
directors who were first elected prior to 2007.  The total premium
paid by the Company for this coverage in 2009 was $44,775.  The
Company pays or reimburses directors for travel, lodging and related expenses
they incur in attending Board and committee meetings.  The Company
paid in certain years prior to 2009, and may pay in future years, the expenses
incurred by directors’ spouses in accompanying the directors to one Board
meeting a year.  The Company also match on a two-for-one basis up to
$5,000 per year (which would result in a $10,000 Company match) of charitable
donations made by a director to 501(c)(3) organizations that meet the Company’s
strategic giving priorities and are located in its generation and service
communities.

    


    Named
Executive Officers

    On
February 9, 2010, the independent members of the Great Plains Energy Board of
Directors, upon recommendations of its Compensation and Development Committee,
approved the following annual base compensation for 2010 of the principal
executive officer, principal financial officer and certain other executive
officers of Great Plains Energy named in its 2009 proxy statement for services
rendered in all capacities to Great Plains Energy and its
subsidiaries:

    


    
      	
              Name

            	
              2010
      Base Compensation

            
	
              Michael
      J. Chesser

              Chairman of the Board and Chief
      Executive Officer - Great Plains Energy, Kansas City Power & Light
      Company (“KCP&L”) and KCP&L Greater Missouri Operations Company
      (“GMO”)

            	
              $800,000

            
	
              Terry
      Bassham

              Executive Vice President –
      Finance and Strategic Development and Chief Financial Officer - Great
      Plains Energy, KCP&L and GMO

            	
              $430,000

            
	
              William
      H. Downey

              President and Chief Operating
      Officer - Great Plains Energy, KCP&L and GMO

            	
              $510,000

            
	
              John
      R. Marshall

              Executive Vice President,
      Utility Operations - KCP&L and GMO

            	
              $400,000

            


    

    


    Mr.
Malik, who was a named executive officer in the 2009 proxy statement, ceased
being an officer or employee in 2008 in connection with the sale of Strategic
Energy, L.L.C.  Mr. Easley, who also was a named executive officer in
the 2009 proxy statement, ceased being an officer or employee as of his January
2, 2009, resignation date.


    
      

    


    


    The
Company also pays or reimburses the executive officers named above for certain
other items, which could include: employer match of contributions to our 401(k)
plans (which are contributed to the maximum extent permitted by law to the
401(k), with any excess contributed to the officers’ accounts in the
non-qualified deferred compensation plan); flexible benefits and other health
and welfare plan benefits; car allowances; club memberships; executive financial
planning services; parking; spouse travel; personal use of company tickets;
matched charitable donations; and executive health
physicals.