Exhibit 10.7

EDISON MISSION ENERGY  BV SALE RETENTION PLANSINGAPORE

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TABLE OF CONTENTS

|                                             |  |                                                     |  | Page
|-------------------------------------------- |  | --------------------------------------------------- |  | ----
|ARTICLE 1 ESTABLISHMENT, TERM, AND PURPOSE   |  | 1                                                  
|                                             |  | 1.1 Establishment of the Plan                       |  | 1   
|                                             |  | 1.2 Purpose of the Plan                             |  | 1   
|ARTICLE 2 DEFINITIONS                        |  | 1                                                  
|ARTICLE 3 PARTICIPATION                      |  | 2                                                  
|                                             |  | 3.1 Participation                                   |  | 2   
|                                             |  | 3.2 Termination of Employment                       |  | 3   
|                                             |  | 3.3 Re-Employment                                   |  | 3   
|                                             |  | 3.4 Notice of Termination                           |  | 3   
|                                             |  | 4.1 Right to Retention Benefit                      |  | 3   
|                                             |  | 4.3 Timing and Manner of Payment                    |  | 3   
|ARTICLE 5 TAXES                              |  | 3                                                  
|ARTICLE 6 PAYMENT OBLIGATIONS                |  | 4                                                  
|                                             |  | 6.1 Liability for Payment                           |  | 4   
|                                             |  | 6.2 Payment of Obligations Absolute                 |  | 4   
|                                             |  | 6.3 Unsecured General Creditor                      |  | 4   
|                                             |  | 6.4 Other Benefit Plans                             |  | 4   
|ARTICLE 7 RESOLUTION OF DISPUTES             |  | 4                                                  
|                                             |  | 7.1 Claim                                           |  | 4   
|                                             |  | 7.2 Claim Decision                                  |  | 5   
|                                             |  | 7.3 Request for Review                              |  | 5   
|                                             |  | 7.4 Review of Decision                              |  | 5   
|ARTICLE 8 RESOLUTION OF DISPUTESARBITRATION |  | 5                                                  
|                                             |  | 8.1 General                                         |  | 5   
|                                             |  | 8.2 Arbitration of Claims                           |  | 5   
|                                             |  | 8.3 Discovery                                       |  | 6   
|                                             |  | 8.4 Subpoenas                                       |  | 6   
|                                             |  | 8.5 Designation of Witnesses                        |  | 6   
|ARTICLE 9 SUCCESSORS AND ASSIGNMENT          |  | 6                                                  
|                                             |  | 9.1 Successors to the Company                       |  | 6   
|                                             |  | 9.2 Assignment by the Participant                   |  | 7   
|ARTICLE 10 ADMINISTRATION OF THE PLAN        |  | 7                                                  
|                                             |  | 10.1 Committee Action                               |  | 7   
|                                             |  | 10.2 Powers and Duties of the Committee             |  | 7   
|                                             |  | 10.3 Construction and Interpretation                |  | 7   
|                                             |  | 10.4 Information                                    |  | 8   
|                                             |  | 10.5 Compensation, Expenses and Indemnity           |  | 8   
|ARTICLE 11 MISCELLANEOUS                     |  | 8                                                  
|                                             |  | 11.1 Release Agreement                              |  | 8   
|                                             |  | 11.2 Term of the Plan                               |  | 8   
|                                             |  | 11.3 Employment Status                              |  | 8   
|                                             |  | 11.4 Beneficiaries                                  |  | 8   
|                                             |  | 11.5 Payments on Behalf of Persons Under Incapacity |  | 9   
|                                             |  | 11.6 Gender and Number                              |  | 9   
|                                             |  | 11.7 Severability                                   |  | 9   
|                                             |  | 11.8 Modification                                   |  | 9   
|                                             |  | 11.9 Notice                                         |  | 9   
|                                             |  | 11.10 Applicable Law                                |  | 10  
|                                             |  | 11.11 No Sale Obligation                            |  | 10  

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EDISON MISSION ENERGY  BV SALE RETENTION PLANSINGAPORE    ARTICLE 1  ESTABLISHMENT, TERM, AND PURPOSE

1.1Establishment of the Plan.Edison Mission Energy hereby
establishes a retention plan to be known as the "Edison Mission Energy BV Sale Retention PlanSingapore" (the "Plan"). This Plan shall become effective February 19, 2004 (the
"Effective Date").

1.2Purpose of the Plan.The purpose of this Plan is to provide
key employees of the Employers with an incentive to remain in the employ of their respective Employers through the completion of a sale of MEC International, BV ("BV") and to provide for continuity in
the management and operations of the Employers (as such term is defined below) during such time by offering certain employment protection and financial security in the event that their employment is
terminated by their respective Employers without Cause (as such term is defined below).

ARTICLE 2  DEFINITIONS

Whenever used in this Plan (and/or the Participation Agreement), the following terms shall have the meanings set forth below (such defined terms are in addition
to the defined terms set forth above) unless the context clearly indicates to the contrary:



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ARTICLE 3  PARTICIPATION

3.1Participation.The Company's management, in its sole
discretion, shall determine those employees of an Employer who will be Participants in the Plan and the benefits to which each Participant may become eligible to receive under the Plan. In order to
participate in the Plan, each Participant must promptly sign and return to the Company a participation agreement in the form provided by the Company (a "Participation Agreement"), which shall set
forth whether the Participant may become eligible for a Retention Benefit under the Plan and additional details about the Plan.

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3.2Termination of Employment.Notwithstanding anything else
contained herein to the contrary, a Participant shall not be deemed to have terminated employment if his or her employment by an Employer terminates but he or she continues as an employee of another
Employer.

3.3Re-Employment.Notwithstanding anything else
contained herein to the contrary, a Participant shall have no right to benefits hereunder with respect to a termination of his or her employment if, in connection with such termination, he or she is
otherwise entitled to benefits under this Plan but, prior to the payment or delivery (or commencement of payment or delivery, as the case may be) of such benefits, the Participant becomes
re-employed by his or her Employer or by another Employer or by any other affiliate of the Company. Notwithstanding anything else
contained herein to the contrary, a Participant's right to continuing or additional benefits under this Plan shall automatically terminate (but the Participant shall have no obligation to
re-pay benefits previously paid) if the Participant becomes re-employed by his or her Employer or by another Employer or by any other affiliate of the Company. If a Participant
is re-employed and his or her employment is subsequently terminated and the Participant again becomes entitled to benefits under the terms of this Plan in connection with such later
termination of employment, the amount of payments otherwise payable to the Participant hereunder in connection with such later termination of employment shall be reduced by the amount of any payments
paid under this Plan to the Participant in connection with any prior termination of his or her employment.

3.4Notice of Termination.Any termination of a Participant's
employment by his or her Employer for Cause shall be communicated by Notice of Termination. For purposes of this Plan, a "Notice of Termination" shall mean a written notice which shall indicate the
specific termination provision or provisions in this Plan relied upon. The Notice of Termination shall be effective on the date specified in Section 11.9 of this Plan.

ARTICLE 4  RETENTION BENEFIT

4.1Right to Retention Benefit.The Company's management, in its
sole discretion, shall determine if a Participant shall be eligible to receive a Retention Benefit pursuant to this Article 4. A Participant who has been designated as eligible to receive a
Retention Benefit pursuant to this Article 4 shall be entitled to receive from the Company a Retention Benefit if he or she remains employed by his or her Employer until the first to occur of:
(1) a termination of the Participant's employment by his or her Employer without Cause (and other than due to the Participant's death or Disability), (2) a sale by the Company of the
Participant's Employer, (3) the BV Sale, (4) a public announcement by the Company that the BV Sale has been terminated, or (5) July 1, 2005. If a Participant's employment
by his or her Employer terminates prior to July 1, 2005 for any reason other than by his or her Employer without Cause (and other than due to the Participant's death or Disability), then such
Participant shall not be entitled to a Retention Benefit.

4.2Retention Benefits.If a Participant becomes entitled to a
Retention Benefit pursuant to Section 4.1, the amount of such benefit shall be set forth in the Participant's Participation Agreement.

4.3Timing and Manner of Payment.Any Retention Benefit shall be
paid by the Company to the Participant (or his or her Beneficiary) in the form of a single lump sum cash payment within 60 days after the date such benefit becomes payable pursuant to
Section 4.1.

ARTICLE 5  TAXES

The Company and/or the Participant's Employer, as applicable, has the right to withhold from any amount otherwise payable to a Participant under or pursuant to
this Plan the amount of any taxes or other statutory deductions that the Company or such Employer may legally be required to withhold

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with
respect to such payment (including, without limitation, any United States Federal taxes, and any other foreign, state, city, or local taxes). In the event that tax withholding is required with
respect to amounts or benefits payable or deliverable by the Company or the Participant's Employer to a Participant and the Company or the Employer cannot satisfy its tax withholding obligations in
the manner described in the preceding sentence, the Company or the Employer may require the Participant to pay or provide for the payment of such required tax withholding as a condition to the payment
or delivery of such amounts or benefits.

Each
Participant, former Participant and Beneficiary shall be solely responsible for all income and employment taxes arising in connection with participation in this Plan or benefits
hereunder.

ARTICLE 6  PAYMENT OBLIGATIONS

6.1Liability for Payment.The Company shall be liable for the
payment of benefits under this Plan with respect to each Participant.

6.2Payment of Obligations Absolute.Subject to the
Participant's compliance with Section 11.1 and the agreement contemplated thereby and subject to Section 3.4 and Article 5, the Company's obligation to make the payments and the
arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or
other right which the Company may have against the Participant or anyone else except as provided in Section 3.3 and/or Section 3.4. All amounts payable by the Company hereunder shall be
paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from the Participant or
from whomsoever may be entitled thereto, for any reasons whatsoever, except
as otherwise provided in Section 3.4 or Article 8 and subject to the Participant's compliance with Section 11.1 and the agreement contemplated thereby.

6.3Unsecured General Creditor.Participants and their
Beneficiaries, heirs, successors, and assigns shall have no legal or equitable rights, claims, or interest in any specific property or assets of the Company. No assets of the Company shall be held
under any trust, or held in any way as collateral security for the fulfilling of the obligations of the Company under this Plan. Any and all of the Company's assets shall be, and remain, the general
unpledged, unrestricted assets of the Company. The Company's obligation under this Plan shall be merely that of an unfunded and unsecured promise of the Company to pay money in the future, and the
rights of the Participants and Beneficiaries shall be no greater than those of unsecured general creditors.

6.4Other Benefit Plans.All payments, benefits and amounts
provided under this Plan shall be in addition to and not in substitution for any pension rights under the Company's or other Employer's tax-qualified pension plan in which the Participant
participates, and any disability, workers' compensation or other Company or other Employer benefit plan distribution that a Participant is entitled to, under the terms of any such plan, at the time
his or her employment by his or her Employer terminates. Notwithstanding the foregoing, this Plan shall not create an inference that any duplicate payments shall be required. Payments received by a
person under this Plan shall not be deemed a part of the person's compensation for purposes of determining the person's benefits under any employee welfare, pension or other benefit plan or
arrangement, if any, provided by an Employer, except where explicitly provided under the terms of such plan or arrangement.

ARTICLE 7  RESOLUTION OF DISPUTES

7.1Claim.A person who believes that he or she is being denied
a benefit to which he or she is entitled under this Plan (hereinafter referred to as "Claimant") may file a written request for such

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benefit
with the Committee, setting forth his or her claim. The request must be addressed to the Committee at the Company's principal place of business.

7.2Claim Decision.Upon receipt of a claim, the Committee shall
advise the Claimant that a reply will be forthcoming within 90 days and shall, in fact, deliver such reply within such period. The Committee may, however, extend the reply period for an
additional 90 days for special circumstances.

If
the claim is denied in whole or in part, the Committee shall inform the Claimant in writing, using language calculated to be understood by the Claimant, setting forth: (a) the
specific reason or reasons for such denial; (b) the specific reference to pertinent provisions of this Plan on which such denial is based; (c) a description of any additional material or
information necessary for the Claimant to perfect his or her claim and an explanation why such material or such information is necessary; (d) appropriate information as to the steps to be taken
if the Claimant wishes to submit the claim for review; and (e) the time limits for requesting a review under Section 7.3.

7.3Request for Review.Within 60 days after the receipt
by the Claimant of the written opinion described above, the Claimant may request in writing that the Committee review the determination. Such request must be addressed to the Committee, at the
Company's principal place of business. The Claimant or his or her duly authorized representative may, but need not, review the pertinent documents and submit issues and comments in writing for
consideration by the Committee.

7.4Review of Decision.Within 60 days after the
Committee's receipt of a request for review, after considering all materials presented by the Claimant, the Committee will inform the Claimant in writing, in a manner calculated to be understood by
the Claimant, of its decision setting forth the specific reasons for the decision and containing specific references to the pertinent provisions of this Plan on which the decision is based. If special
circumstances require that the 60 day time period be extended, the Committee will so notify the Claimant and will render the decision as soon as possible, but no later than one hundred twenty
days after receipt of the request for review.

ARTICLE 8  RESOLUTION OF DISPUTESARBITRATION

8.1General.A Participant or Beneficiary must complete the
claims procedure described in Article 7 before submitting any claim or controversy arising out of or in connection with this Plan to arbitration as described below in this Article 8.

8.2Arbitration of Claims.The Company, the Participant, and the
Participant's Employer hereby consent to the resolution by mandatory and binding arbitration of all claims or controversies arising out of or in connection with this Plan and/or the Exhibits hereto
that the Company or the Participant's Employer may have against the Participant, or that the Participant may have against the Company, his or her Employer, or against either of their officers,
directors, employees or agents acting in their capacity as such. Each party's promise to resolve all such claims or controversies by arbitration in accordance with this Plan rather than through the
courts is consideration for the other party's like promise. It is further agreed that the decision of an arbitrator on any issue, dispute, claim or controversy submitted for arbitration, shall be
final and binding upon the Company, the Participant, and the Participant's
Employer and that judgment may be entered on the award of the arbitrator in any court having proper jurisdiction.

All
expenses of such arbitration, including the reasonable fees and expenses of the counsel for the Participant, shall be advanced and borne by the Company or the Participant's Employer;
provided, however, that if it is finally determined that the Participant did not commence the arbitration in good faith and had no reasonable basis therefore or that the Participant failed to comply
with Section 11.1 or breached the agreement contemplated thereby, the Participant shall repay all advanced fees and

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expenses
and shall reimburse the Company and the Participant's Employer for their reasonable legal fees and expenses in connection therewith.

Except
as otherwise provided in this procedure or by mutual agreement of the parties, any arbitration shall be administered by a sole arbitrator at the Singapore International
Arbitration Centre ("SIAC") under then-existing SIAC arbitration (the "Tribunal"). Pre-hearing and post-hearing procedures may be held by telephone or in person, as
the arbitrator deems necessary.

The
arbitrator shall be selected as follows: if the parties cannot agree on an arbitrator, the Tribunal shall then provide the names of nine available arbitrators experienced in business
employment matters along with their resumes and fee schedules. Each party may strike all names on the list it deems unacceptable. If more than one common name remains on the list of all parties, the
parties shall strike names alternately until only one remains. The party who did not initiate the claim shall strike first. If no common name remains on the lists of the parties, the Tribunal shall
furnish an additional list or lists until an arbitrator is selected.

The
arbitrator shall interpret this Plan, any applicable Company or Employer policy or rules and regulations, any applicable substantive law (and the law of remedies, if applicable), or
applicable federal law; provided, however, if arbitration is brought after the claim or controversy has been submitted for review by the Committee in accordance with Article 7, the arbitrator
shall defer to the Committee's interpretations of the Plan and such policies, rules, and regulations so long as the Committee has not abused its discretion hereunder. In reaching his or her decision,
the arbitrator shall have no authority to change or modify any lawful Company or Employer policy, rule or regulation, or this Plan. The arbitrator, and not any federal, state or local court or agency,
shall have exclusive and broad authority to resolve any dispute relating to the interpretation, applicability, enforceability or formation of this Plan, including but not limited to, any claim that
all or any part of this Plan is voidable.

The
arbitrator shall have authority to entertain a motion to dismiss and/or motion for summary judgment by any party. Following the completion of the arbitration, the arbitrator shall
issue a written decision disclosing his or her essential findings and conclusions upon which the award is based.

8.3Discovery.Each party shall have the right to take the
deposition of one individual and any expert witness(es) designated by another party. Each party shall also have the opportunity to obtain documents from another party through one request for
production of documents. Additional discovery may be had only when the arbitrator so orders upon a showing of substantial need. Any disputes regarding depositions, requests for production of documents
or other discovery shall be submitted to the arbitrator for determination.

8.4Subpoenas.Each party shall have the right to subpoena
witnesses and documents for the arbitration hearing by requesting a subpoena from the arbitrator. Any such request shall be served on all other parties, who shall advise the arbitrator in writing of
any objections that the party may have to issuance of the subpoena within ten calendar days of receipt of the request.

8.5Designation of Witnesses.At least thirty calendar days
before the arbitration, the parties must exchange lists of witnesses, including any expert(s), and copies of all exhibits intended to be used at the arbitration.

ARTICLE 9  SUCCESSORS AND ASSIGNMENT

9.1Successors to the Company.The Company will require any
successor (whether direct or indirect, by purchase, merger, consolidation, or otherwise) of all or substantially all of the business and/or assets of the Company or of any division or subsidiary
thereof (the business and/or assets of which constitute at least fifty percent (50%) of the total business and/or assets of the Company after

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the
BV Sale) to expressly assume and agree to perform the Company's obligations under this Plan in the same manner and to the same extent that the Company would be required to perform them if such
succession had not taken place.

9.2Assignment by the Participant.None of the benefits,
payments, proceeds or claims of any Participant shall be subject to any claim of any creditor and, in particular, the same shall not be subject to
attachment or garnishment or other legal process by any creditor, nor shall any such Participant have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits or
payments or proceeds that he or she may expect to receive, contingently or otherwise, under this Plan. Notwithstanding the foregoing, benefits that are in pay status may be subject to a court order of
garnishment or wage assignment, or similar order, or a tax levy. This Plan shall inure to the benefit of and be enforceable by each Participant's personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees, and legatees. If a Participant dies while any amount would still be payable to him or her hereunder had he or she continued to live, all such
amounts, unless otherwise provided herein, shall be paid to the Participant's Beneficiary in accordance with the terms of this Plan.

ARTICLE 10  ADMINISTRATION OF THE PLAN

10.1Committee Action.The Committee shall act at meetings by
affirmative vote of a majority of the members of the Committee. Any action permitted to be taken at a meeting may be taken without a meeting if, prior to such action, a written consent to the action
is signed by all members of the Committee and such written consent is filed with the minutes of the proceedings of the Committee. A member of the Committee shall not vote or act upon any matter which
relates solely to himself or herself as a Participant. The Chairman or any other member or members of the Committee designated by the Chairman may execute any certificate or other written direction on
behalf of the Committee.

10.2Powers and Duties of the Committee.The Committee shall
enforce this Plan in accordance with its terms, shall be charged with the general administration of this Plan, and shall have all powers necessary to accomplish its purposes, including, but not by way
of limitation, the power and authority to do the following:



10.3Construction and Interpretation.The Committee shall have
full discretion to construe and interpret the terms and provisions of this Plan, including whether, for purposes of the Plan, a termination of a Participant's employment has been with or without
Cause, which interpretation or

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construction
shall be final and binding on all parties, including but not limited to each Employer and any Participant or Beneficiary. The Committee shall administer such terms and provisions in full
accordance with any and all laws applicable to this Plan.

10.4Information.To enable the Committee to perform its
functions, each Employer shall supply full and timely information to the Committee on all matters relating to the compensation of all Participants, their death or other cause of termination, and such
other pertinent facts as the Committee may require.

10.5Compensation, Expenses and Indemnity.The members of the
Committee shall serve without additional compensation for their services hereunder beyond that which they are entitled as authorized by the Board. The Committee is authorized at the expense of the
Company to employ such legal counsel as it may deem advisable to assist in the performance of its duties hereunder. The Company shall pay expenses and fees in connection with the administration of
this Plan. To the extent permitted by applicable law, the Company shall indemnify and save harmless the Committee and each member thereof, the Board and each member thereof, and delegates of the
Committee who are employees of the Company against any and all expenses, liabilities and claims, including legal fees to defend against
such liabilities and claims arising out of their discharge in good faith of responsibilities under or incident to this Plan, other than expenses and liabilities arising out of willful misconduct. This
indemnity shall not preclude such further indemnities as may be available under insurance purchased by the Company or provided by the Company under any bylaw, agreement or otherwise, as such
indemnities are permitted under state law.

ARTICLE 11  MISCELLANEOUS

11.1Release Agreement.Notwithstanding anything else contained
herein to the contrary, the Company's obligation to pay benefits to a Participant is subject to the condition precedent that the Participant execute a valid and effective Release Agreement in the form
attached to the Participant's Participation Agreement (or such other form as the Committee may require)andsuch executed agreement is received by the
Company no later than 60 days after the date the Participant becomes entitled to a Retention Benefit pursuant to Section 4.1 and is not revoked by the Participant or otherwise rendered
unenforceable by the Participant.

11.2Term of the Plan.This Plan will commence on the Effective
Date and shall continue in effect through the date that benefits are triggered pursuant to Section 4.1.

11.3Employment Status.Except as may be provided under any
other written agreement between a Participant and his or her Employer, the employment of the Participant by his or her Employer is "at will," and may be terminated by either the Participant or the
Employer at any time, subject to applicable law. Payments made under this Plan shall not give any person the right to any benefits provided to persons retained in an Employer's employ (such as,
without limitation, health and dental benefits). Except as may otherwise be required by law or set forth specifically in such plans or as otherwise expressly provided in this Plan, such benefits shall
terminate as of the date the Participant's employment by an Employer terminates.

11.4Beneficiaries.Subject to the other provisions of this
Section 11.4, the person or persons (including a trustee, personal representative or other fiduciary) last designated in writing by a Participant in accordance with procedures established by
the Committee to receive the benefits specified hereunder in the event of the Participant's death shall be the Participant's Beneficiary or Beneficiaries.

No
Beneficiary designation shall become effective until it is filed with the Committee, and no Beneficiary designation of someone other than a Participant's spouse shall be effective
unless such

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designation
is consented to by the Participant's spouse on a form provided by and in accordance with procedures established by the Committee or its delegate.

If
there is no Beneficiary designation in effect with respect to a Participant, or if there is no surviving designated Beneficiary, then the Participant's surviving spouse shall be the
Beneficiary. If there is no surviving spouse to receive any benefits payable in accordance with the preceding sentence, the duly appointed and currently acting personal representative of the
Participant's estate (which shall include either the Participant's probate estate or living trust) shall be the Beneficiary. In any case where there is no such personal representative of the
Participant's estate duly appointed and acting in that capacity within 90 days after the Participant's death (or such extended period as the Committee determines is reasonably necessary to
allow such personal representative to be appointed, but not to exceed 180 days after the Participant's death), then Beneficiary shall mean the person or persons who can verify by affidavit or
court order to the satisfaction of the Committee that they are legally entitled to receive the benefits specified hereunder.

Notwithstanding
anything else herein to the contrary, in the event any amount is payable under this Plan to a minor, payment shall not be made to the minor, but instead be paid:
(a) to that person's living parent(s) to act as custodian; (b) if that person's parents are then divorced, and one parent is the sole custodial parent, to such custodial parent; or
(c) if no parent of that person is then living, to a custodian selected by the Committee to hold the funds for the minor under the Uniform Transfers or Gifts to Minors Act in effect in the
jurisdiction in which the minor resides. If no parent is living and the Committee decides not to select another custodian to hold the funds for the minor, then payment shall be made to the duly
appointed and currently acting guardian of the estate for the minor or, if no guardian of the estate for the minor is duly appointed and currently acting within 60 days after the date the
amount becomes payable, payment shall be deposited with the court having jurisdiction over the estate of the minor.

11.5Payments on Behalf of Persons Under Incapacity.In the
event that any amount becomes payable under this Plan to a person who, in the sole judgment of the Committee, is considered by reason of physical or mental condition to be unable to give a valid
receipt therefor the Committee may direct that such payment be made to any person found by the Committee, in its sole judgment, to have assumed the care of such person. Any payment made pursuant to
such determination shall constitute a full release and discharge of the Committee and all Employers.

11.6Gender and Number.Except where otherwise indicated by the
context, any masculine term used herein also shall include the feminine, the plural shall include the singular, and the singular shall include the plural.

11.7Severability.In the event any provision of this Plan shall
be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of this Plan, and this Plan shall be construed and enforced as if the illegal or invalid
provision had not been included. Further, the captions of this Plan are not part of the provisions hereof and shall have no force and effect.

11.8Modification.The Committee or the Board may from time to
time amend this Plan in any way it determines to be advisable; provided, however, that no such amendment shall be effective without the consent of each affected Participant (or the Participant's legal
representative). No provision of this Plan may be waived unless as to a Participant such waiver is agreed to in writing and signed by the Participant (or the Participant's legal representative) and by
an authorized member of the Committee (or the Board) or its designee or legal representative.

11.9Notice.For purposes of this Plan, notices, including
Notice of Termination, and all other communications provided for in this Plan shall be in writing and shall be deemed to have been duly given when delivered or on the date stamped as received by a
recognized international courier (such as FedEx) postage and mailing fee prepaid and addressed: (a) if to the Participant, to his or her latest

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address
as reflected on the records of the Company or his or her Employer, and (b) if to an Employer, to the attention of the Company's Corporate Secretary at the address of the Company's
principal executive offices; or to such other address as either party may furnish to the other in writing for the delivery of notices to that party, with specific reference to this Plan and the
importance of the notice, except that a notice of change of address shall be effective only upon receipt by the other party.

11.10Applicable Law.To the extent not preempted by the laws of
the United States, the laws of the State of California shall be the controlling law in all matters relating to this Plan. Any statutory reference in this Plan shall also be deemed to refer to all
applicable final rules and final regulations promulgated under or with respect to the referenced statutory provision. The provisions of the Singapore Contracts (Rights of Third Parties) Act (Cap. 53B)
shall not apply to this Plan.

11.11No Sale Obligation.Notwithstanding anything else
contained herein or in any Participation Agreement or other agreement related to the Plan to the contrary, the Company and its subsidiaries have no obligation to close, negotiate or otherwise pursue
any sale or other disposition of all or substantially all of BV or any component thereof. The existence of the Plan, the Participation Agreements, and the conditional rights of Participants under the
Plan shall not limit, affect or restrict in any way the right or power of the Company or any of its subsidiaries to make or authorize (or to refrain from making or authorizing, as the case may be):
(a) any adjustment, recapitalization, reorganization or other change in capital structure or business; (b) any merger, amalgamation, consolidation or change in ownership; (c) any
dissolution or liquidation; (d) any sale or transfer of assets or business; or (e) any other corporate act or proceeding by the entity.

IN WITNESS WHEREOF, the Company has caused its duly authorized officer to execute this Plan as of the date first set forth above.

| |  | EDISON MISSION ENERGY
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EXHIBIT A

Edison Mission Energy
International Revenue Base

|Project     |                | Country |                | 2003
Revenues from
Consolidated
Subsidiaries |               | EME
Ownership
Interest |  | EME Share
of Revenues |   | 2003
Revenues of
Unconsolidated
Subsidiaries |             | EME
Ownership
Interest |               | EME Share
of Revenues |  | 2003
Revenue Base |   | Percentage of
International
Revenue Base |            
|----------- | -------------- | ------- | -------------- | -------------------------------------------- | ------------- | ---------------------- |  | --------------------- | - | -------------------------------------------- | ----------- | ---------------------- | ------------- | --------------------- |  | ----------------- | - | ---------------------------------------- | -----------
|Europe      |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            | First Hydro    |         | United Kingdom |                                              | $             | 367,633,000            |  | 100                   | % | $                                            | 367,633,000 |                        | $             |                      |  |                   |   | $                                        |           
|            | Derwent        |         | United Kingdom |                                              |               |                       |  |                       |   |                                              |            |                        |               | 106,316,000           |  | 33                | % |                                          | 35,084,280 
|            | ISAB           |         | Italy          |                                              |               |                       |  |                       |   |                                              |            |                        |               | 480,685,000           |  | 49                | % |                                          | 235,535,650
|            | Italian Wind   |         | Italy          |                                              |               |                       |  |                       |   |                                              |            |                        |               | 83,234,000            |  | 50                | % |                                          | 41,617,000 
|            | Doga           |         | Turkey         |                                              |               | 123,956,000            |  | 80                    | % |                                              | 99,164,800  |                        |               |                       |  |                   |   |                                          |           
|            | Spanish Hydro  |         | Spain          |                                              |               | 22,739,000             |  | 95                    | % |                                              | 21,706,000  |                        |               |                       |  |                   |   |                                          |           
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            |                |         |                |                                              | 514,328,000   |                        |  |                       |   | 488,503,800                                  |             |                        | 670,235,000   |                       |  |                   |   | 312,236,930                              |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|Asia        |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            | Paiton         |         | Indonesia      |                                              |               |                       |  |                       |   |                                              |             |                        |               | 485,018,000           |  | 40                | % |                                          | 194,007,200
|            | PT Momi        |         | Indonesia      |                                              |               | 17,994,000             |  | 100                   | % |                                              | 17,994,000  |                        |               |                       |  |                   |   |                                          |           
|            | PT Adro        |         | Indonesia      |                                              |               |                       |  |                       |   |                                              |            |                        |               |                      |  | 8                 | % |                                          |           
|            | CBK            |         | Philippines    |                                              |               | 1,424,000              |  | 100                   | % |                                              | 1,424,000   |                        |               | 65,625,000            |  | 50                | % |                                          | 32,812,500 
|            | TECO           |         | Thailand       |                                              |               |                       |  |                       |   |                                              |            |                        |               | 214,119,000           |  | 25                | % |                                          | 53,529,750 
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            |                |         |                |                                              | 19,418,000    |                        |  |                       |   | 19,418,000                                   |             |                        | 764,762,000   |                       |  |                   |   | 280,349,450                              |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|Australia   |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            | Loy Yang B     |         | Australia      |                                              |               | 178,531,000            |  | 100                   | % |                                              | 178,531,000 |                        |               |                       |  |                   |   |                                          |           
|            | Valley Power   |         | Australia      |                                              |               | 16,250,000             |  | 80                    | % |                                              | 13,065,000  |                        |               |                       |  |                   |   |                                          |           
|            | Kwinana        |         | Australia      |                                              |               | 38,914,000             |  | 70                    | % |                                              | 27,239,800  |                        |               |                       |  |                   |   |                                          |           
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            |                |         |                |                                              | 233,695,000   |                        |  |                       |   | 218,835,800                                  |             |                        |              |                       |  |                   |   |                                         |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|New Zealand |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            | Contact Energy |         | New Zealand    |                                              |               | 755,524,000            |  | 51                    | % |                                              | 385,317,240 |                        |               |                       |  |                   |   |                                          |           
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            |                |         |                |                                              | 755,524,000   |                        |  |                       |   | 385,317,240                                  |             |                        |              |                       |  |                   |   |                                         |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|Americas    |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            | Eco Electrica  |         | Puerto Rico    |                                              |               |                       |  |                       |   |                                              |            |                        |               | 234,896,000           |  | 50                | % |                                          | 117,448,000
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            |                |         |                |                                              |              |                        |  |                       |   |                                             |             |                        | 234,896,000   |                       |  |                   |   | 117,448,000                              |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|Non Project |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            
|Total       |                |         |                | $                                            | 1,522,965,000 |                        |  |                       | $ | 1,112,074,840                                |             | $                      | 1,669,893,000 |                       |  |                   | $ | 710,034,380                              |            
|            |                |         |                |                                              |               |                        |  |                       |   |                                              |             |                        |               |                       |  |                   |   |                                          |            

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