**EXECUTIVE      COMMITTEE**

**LONG-TERM      INCENTIVE PLAN**

**January      1, 2007**

**OBJECTIVE**

**TARGET      AWARDS**

**PERFORMANCE      GOALS**

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**PLAN      GUIDELINES**

| 1.   | It                is anticipated a new three-year plan will be instituted each year,                with                applicable payouts in the first quarter of the year following the                conclusion of each three-year plan. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | For                calculation purposes, base salaries effective January 1st                of the year                of grant will be applied. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | The                award percentage of base salary is stated in the participant’s original                offer or information change letter. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | You                must be on active payroll at the time of disbursement to be eligible                for                payment. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | The                50% cash incentive will be in cash, less applicable taxes and                withholdings. |
|----------------|---------------------------------------------------------------------------------------------------------------|

| 6.   | Following                the end of the performance period, performance shares, as determined                by                the performance against the performance criteria at the end of the                period,                will be paid in shares of GPE common stock as determined by the Great                Plains Energy Compensation and Development Committee.  Dividend                equivalent units over the performance period will be figured on the                final                number of shares earned and will be paid in cash.  Approved                awards will be paid to each participant as soon as practicable after                the                end of the performance period and after the Committee has certified                the                performance against the performance criteria.  The Company will                be authorized to withhold the amount of withholding taxes due in                respect                of an award or payment and to take other actions as may be necessary                in                the opinion of the company to satisfy all obligations for the payment                of                taxes.   |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.   | Any                eligible participant hired on or after July 1 of a plan year will                be                eligible for participation in the following year’s three-year                plan. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.   | For                calculation purposes, each goal will have a maximum percentage payout                as                identified up to 300%.  Achievement of any goal below the                minimum percentage will receive 0% payout.  Any goal attainment                between the established minimum and maximum percentage payout will                be                pro-rated between each threshold. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|     7. | The                goals established for the plan period are fixed for the duration                of the                period and will only be changed by the                Committee. |
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|     8. | The                Committee has the exclusive right to modify, change, or alter this                Plan at                any time.  This Plan will not be construed as an employment                contract. |
|----------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**LONG-TERM      INCENTIVE OBJECTIVES - 2007**

**APPENDIX      I**

|  Goal                                                                                              |  %                Allocation  |  Measures                                                                                                            |  Payout                % |
|--------------------------------------------------------------------------------------------------------------|-----------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|-------------------------------|
|  Cumulative                pre-tax net income($                millions)                      |  25%                               |  (1)(1)(1)(1)                                                                                                        |  50%100%200%300%    |
|   Return                on Invested Capital                                              |   25%                         |  (1)(1)(1)(1)                                                                                                             |  50%100%200%300%    |
|   Total                Shareholder Return                                                          |   25%                         |  35th                percentile50th                percentile65th                percentile81st                percentile |  50%100%150%200%    |
|   MWhs                under management byDecember                31, 2009 ($ millions)   |  25%                               |  (1)(1)(1)(1)                                                                                                             |  50%100%200%300%         |

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