**Strategic      Energy, L.L.C.**

**Long-Term      Incentive Plan Grants**

**2005**

**Amended      May 2, 2005**

**Amended      October 31, 2006**

**Objective**

**2005      Grants**

**Target      Awards**

**Performance      Goals**

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**APPENDIX      I**

**Strategic      Energy, L.L.C.**

**Long-Term      Incentive Plan Grants**

**2005**

**Target      Award Levels**

**(expressed      as a percent of base salary)**

| **Executive** | **Annual                Target Award****Opportunity** | **Amount****of                Restricted****Shares******* | **Amount****of                Cash****at                Target******* |
|---------------|-------------------------------------------------------|-----------------------------------------------------------|-----------------------------------------------------------------------|
| Malik         | 150%                                                  | $150,000                                                  | $450,000                                                              |
| Purdy         | 100%                                                  | __________                                                | __________                                                            |
| Lauer         | 100%                                                  | __________                                                | __________                                                            |
| Washburn      | 100%                                                  | __________                                                | __________                                                            |
| Sebben        | 80%                                                   | __________                                                | __________                                                            |
| Fox           | 100%                                                  | __________                                                | __________                                                            |
| Shaw          | 80%                                                   | __________                                                | __________                                                            |

**The      number of shares to be determined at time of grant based on market. Amount      of      cash (remainder of award) to be determined based on 2005      salaries.**

**NOTE:      Information regarding non-executive officers of Great Plains Energy has been      removed.**

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**APPENDIX      II**

**Strategic      Energy, L.L.C.**

**Long-Term      Incentive Plan Grants**

**2005**

**Goals**

| **Percentage****Allocation** | **Goals**                                                                                                                                     | **Indicative                Measures**                                                                                                                       |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.3%                        | Cumulative                Pre-tax Net Income                                                                                                  | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | $___                million (50% payout)$___                million (100% payout)$___                million (200% payout)$___                million (300% payout) |
|                         |                                                                                                                                          |                                                                                                                                                         |   |
| 22.9%                        | Cumulative                Increase in Customer Accounts Under Contract from 2004 Baseline Customer                Accounts                    | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | ___%                (50% payout)___%                (100% payout)___%                (200% payout)___%                (300% payout) |
|                         |                                                                                                                                          |                                                                                                                                                         |   |
| 22.9%                        | Cumulative                Reduction in General and Administrative Expenses from 2004 Baseline                of                $___/MWh**     | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | ___%                (50% payout)___%                (100% payout)___%                (200% payout)___%                (300% payout) |
|                         |                                                                                                                                          |                                                                                                                                                         |   |
| 22.9%                        | Reduce                Supply Cost to Retail from the 2004 Results After Adjusting for Market                Changes (based on $__/MWH marker) | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | ___%                (50% payout)___%                (100% payout)___%                (200% payout)___%                (300% payout) |

**Note:      Specific information regarding goals and indicative measures is confidential      and      has been removed.**

----

| **Percentage****Allocation**                                          | **Goals**                                                                                                                                     | **Indicative                Measures**                                                                                                                       |
|-----------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.3%                                                                 | Cumulative                Pre-tax Net Income                                                                                                  | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | $___                million (50% payout)$___                million (100% payout)$___                million (200% payout)$___                million (300% payout) |
|                                                                  |                                                                                                                                          |                                                                                                                                                         |   |
| 22.9%                                                                 | Cumulative                Increase in Customer Accounts Under Contract from 2004 Baseline Customer                Accounts                    | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | ___%                (50% payout)___%                (100% payout)___%                (200% payout)___%                (300% payout) |
|                                                                  |                                                                                                                                          |                                                                                                                                                         |   |
| 22.9%                                                                 | Cumulative                Reduction in General and Administrative Expenses from 2004 Baseline                of                $___/MWh**     | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | ___%                (50% payout)___%                (100% payout)___%                (200% payout)___%                (300% payout) |
|                                                                  |                                                                                                                                          |                                                                                                                                                         |   |
| 22.9%                                                                 | Reduce                Supply Cost to Retail from the 2004 Results After Adjusting for Market                Changes (based on $__/MWH marker) | 80%                chance of Achieving:50%                chance of Achieving:20%                chance of Achieving:10%                chance of Achieving: | ___%                (50% payout)___%                (100% payout)___%                (200% payout)___%                (300% payout) |
|                                                                  |                                                                                                                                          |                                                                                                                                                         |   |
| ***                Excluding variable incentive                costs* |

**Weighing      of Goals**

**Note:      Specific information regarding goals and indicative measures is confidential      and      has been removed.**