Document:

Exhibit 10(m)

February 16, 2005

Name  

Address  

Dear            
                        
             
:

The Empire District Electric Company
 1996 Stock Incentive Plan (the
“Plan”)

Notice of Performance-Based Restricted Stock Award

This is to advise you that effective as of February
2, 2005 (the “Grant Date”), The Empire District Electric Company (“the Company”) has granted to you a performance-based Restricted
Stock Award (the “Award”) under the Plan consisting of the right to receive the number of shares of Common Stock of the Company
(“Stock”) as set forth in Exhibit 1 attached hereto, subject to the performance measures, forfeiture and other conditions and terms herein
stated and the applicable terms and conditions of the Plan (copy attached). This Award shall relate to the Performance Period beginning on January 1,
2005 and ending on December 31, 2007 (the “Performance Period”).

1.  Settlement of Awards. The
Company shall deliver to you one share of Stock for each Performance Share earned by you, as determined in accordance with the provisions of Exhibit 1,
which is attached to and forms a part of this Award. The earned Performance Shares payable to you in accordance with the provisions of this Section 1
shall be paid solely in shares of Stock.

2.  Time of Payment. Except as
otherwise provided in this Award, payment of Performance Shares earned in accordance with the provisions of Section 1 above will be delivered as soon
as practicable after the end of the Performance Period.

3.  Retirement, Disability, or Death
During Performance Period. If your employment with the Company and its Subsidiaries terminates during the Performance Period because of your
Retirement, Disability, or death, you shall be entitled to a prorated number of the Performance Shares earned in accordance with Exhibit 1, determined
at the end of the Performance Period, and based on the ratio of the number of months you were employed during the Performance Period (rounding a
fraction of a month to the next higher number of whole months) to the total number of months in the Performance Period. Fractional shares shall be
disregarded.

4.  Termination of Employment During
Performance Period. If your employment with the Company and its Subsidiaries terminates during the Performance Period for any reason other than
your Retirement, Disability, or death, the Performance Shares granted under this Award will be forfeited on the date of such termination of employment;
provided, however, that in such circumstances, the Committee, in its sole discretion, may determine that you will be entitled to receive a pro
rata or other portion of the Performance Shares.

5.  Change in Control. If a Change
in Control of the Company occurs during the Performance Period, and the date of termination of your employment does not fall before the Change in
Control date, you shall earn the Performance Shares that would have been earned by you in accordance with Exhibit 1 as if performance at the Target for
the Performance Period had been achieved, but prorated based on the ratio of the number of months you were employed during the Performance Period
through the date of the Change in Control (rounding a fraction of a month to the next higher number of whole months), to the total number of months in
the Performance Period. As soon as practicable after the Change in Control, there shall be delivered to you one share of Stock for each Performance
Share so earned. Fractional shares shall be disregarded. As of the end of the Performance Period, the Committee shall determine the number of
Performance Shares, if any, that you earned pursuant to this Award determined without regard to this Section 5, and there shall be delivered to you one
share of Stock for each Performance Share earned by you, but reduced by the number of Performance Shares with respect to which payment was previously
made to you under this Section 5. If the number of Performance Shares earned by you as of the end of the Performance Period is less than the number of
Performance Shares with respect to which payment was

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previously made to you under this Section 5, you
shall not be required to repay any amounts to the Company on account of such payment under this Section 5 for any reason, including failure to achieve
the Performance Measures.

6.  Heirs and Successors. This
Award shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring, whether by merger,
consolidation, purchase of assets or otherwise, all or substantially all of the Company’s assets and business. If any of the benefits
distributable to you under this Award have not been distributed at the time of your death, such benefits shall be distributed to your Designated
Beneficiary, in accordance with the provisions of this Award and the Plan. The “Designated Beneficiary” shall be the beneficiary or
beneficiaries designated by you in a writing filed with the Committee in such form and at such time as the Committee shall require. If you are deceased
and failed to designate a beneficiary, or if the Designated Beneficiary does not survive you, any benefits distributable to you shall be distributed to
the legal representative of your estate. If you are deceased and have designated a beneficiary and the Designated Beneficiary survives you but dies
before the complete distribution of benefits to the Designated Beneficiary under this Award, then any benefits distributable to the Designated
Beneficiary shall be distributed to the legal representative of the estate of the Designated Beneficiary.

7.  Administration. The authority
to manage and control the operation and administration of this Award shall be vested in the Committee identified in the Plan, and the Committee shall
have all of the powers with respect to this Award that it has with respect to the Plan. Any interpretation of the Award by the Committee and any
decision made by it with respect to the Award are final and binding on all persons.

8. Amendment. This Award may be amended by
written agreement between you and the Company, without the consent of any other person.

9.  Nontransferability. This Award
shall not be transferable except by will or the laws of descent and distribution or by beneficiary designation in accordance with Section 6
above.

10.  Taxes. The Company shall be
entitled to withhold the amount of any withholding tax payable with respect to the Award and to sell such number of shares of Stock as may be necessary
to produce the amount so required to be withheld, unless the recipient supplies to the Company cash in the amount requested by the Company for the
purpose.

11.  Employee and Shareholder
Status. This Award does not constitute a contract of continued service and does not give you the right to be retained as an employee of the Company
or any of its Subsidiaries. This Award does not confer upon you or any other holder thereof any right as a shareholder of the Company prior to the
issuance of shares of Stock pursuant to this Award.

12.  Plan Governs. Notwithstanding
anything in this Award to the contrary, the terms of this Award shall be subject to the terms of the Plan.

13.  Unsecured Creditor. Your
rights with respect to the Award and the shares of Stock subject thereto during the Performance Period are those of an unsecured general creditor of
the Company. No shares of Stock or other specific property is or will be set apart in trust or otherwise with respect to the Award but all of your
rights in the Award will be evidenced only by entries on the books of the Company unless and until shares of Stock are actually issued to you, your
beneficiary or your estate pursuant to the Award.

14.  Rules Relating to Termination of
Employment. For purposes of this Award, the date of termination of your employment shall be the first day occurring on or after the Grant Date on
which you are not employed by the Company or any Subsidiary, regardless of the reason for the termination of employment; provided that a termination of
employment shall not be deemed to occur by reason of a transfer of you between the Company and a Subsidiary or between two Subsidiaries; and further
provided that your employment shall not be considered terminated while you are on a leave of absence from the Company or a Subsidiary approved by your
employer. If, as a result of a sale or other transaction, your employer ceases to be a Subsidiary (and your employer is or becomes an entity that is
separate from the Company), and you are not, at the end of the 30-day period following the transaction, employed by the Company or an entity that is
then a Subsidiary, then, the occurrence of such transaction shall be treated as the date of termination of your employment caused by you being
discharged by the employer.

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15.  Definitions. For purposes of
this Award, the terms used in this Award shall have the following meanings:

(i)  Change in
Control. A “Change in Control” of the Company shall be deemed to have occurred if any of the following occur:

(a)  a merger or
consolidation of the Company with any other corporation is consummated, other than a merger or consolidation which would result in the Voting
Securities of the Company held by such shareholders outstanding immediately prior thereto continuing to represent (either by remaining outstanding or
by converting into Voting Securities of the surviving entity) more than 75 percent of the Company or such surviving entity outstanding immediately
after such merger or consolidation;

(b)  a sale, exchange
or other disposition of all or substantially all the assets of the Company for the securities of another entity, cash or other property is
consummated;

(c)  the shareholders
of the Company approve a plan of liquidation or dissolution of the Company;

(d)  any
“person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), other than a trustee or other
fiduciary holding securities under an employee benefit plan of the Company or other than a corporation owned directly or indirectly by the shareholders
of the Company in substantially the same proportions as their ownership of Voting Securities of the Company, is or becomes the “beneficial
owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of Voting Securities of the Company representing at least 25 percent of
the total voting power represented by the Voting Securities of the Company then outstanding; or

(e)  individuals who on
January 1, 2001 constitute the Board of Directors of the Company and any new director whose election by the Board of Directors of the Company or
nomination for election by the Company’s shareholders was approved by a vote of at least two-thirds of the directors then still in office who
either were directors on January 1, 2001 or whose election or nomination for election was previously so approved, cease for any reason to constitute a
majority thereof.

(ii)  Disability. Except as otherwise provided by the Committee, “Disability” means the determination by the
Committee, in its sole discretion, that a permanent and total disability exists in accordance with uniform and non-discriminatory standards adopted by
the Committee from time to time.

(iii)  Retirement. “Retirement” means your retirement on an “Early Retirement Date” or on or after your
“Normal Retirement Date,” as those terms are defined in The Empire District Electric Company Employees’ Retirement
Plan.

(iv)  Voting
Securities. “Voting Securities” means any securities which carry the right to vote generally in the election of
directors.

(v)  Plan
Definitions. Except where the context clearly implies or indicates the contrary, a word, term, or phrase used in the Plan is similarly used in this
Award.

103

Please acknowledge receipt of
this Notice of Award by signing and returning to the Secretary of the Company the enclosed copy thereof, together with a completed and signed
beneficiary designation form.

	 	 	Very
      truly yours,

      

      

      

      
      

       Chairman of
      the Plan Committee

      
	Receipt of the foregoing Notice of
 Performance-Based Restricted Stock
 Award
is hereby acknowledged. My
 signed beneficiary designation form
 is attached.

      

      

      

      	 	 
	 
	    	 

	Name
	    	Date

104

Exhibit 1

PERFORMANCE MEASURES

1.  Purpose. The purpose of this
Exhibit 1 is to set forth the Performance Measures that will be applied to determine the amount of the award to be made under the terms of the attached
performance-based Restricted Stock Award (the “Award”). This Exhibit 1 is incorporated into and forms a part of the Award.

2.  Revision of Performance
Measures. The Performance Measures set forth in this Exhibit 1 may be modified by the Committee during, or after the end of, the Performance Period
to reflect significant events that occur during the Performance Period that may have a substantial effect on the application of the Performance
Measure.

3.  Performance Goals. The
Performance Measure for the Award is the percentile ranking of the Company’s “Total Shareholder Return” for the Performance Period
(share price appreciation plus dividends over beginning share price) as measured against the “Total Shareholder Return” for the attached peer
group of companies for the same period, and specified below:

(i)  “Threshold” — equal to the 20th percentile level of the peer group of companies;

(ii)  “Target” — equal to the 50th percentile level of the peer group of companies; and

(iii)  “Maximum” — equal to the 80th percentile level of the peer group of companies.

4.  Amount of Award. The number of
shares of Stock distributable to you under the Agreement shall be determined in accordance with the following schedule:

5.  Number of Performance Shares.
For Company performance against plan metrics, the number of Performance Shares of Stock granted shall be as follows:

	(i)  
	 	For performance at Threshold, __________ shares;

(ii)  For performance
at Target, __________ shares;

(iii)  For performance
at Maximum, __________ shares; and

(iv)  The “Number
of Performance Shares” shall be interpolated to account for performance that falls between Threshold, Target and Maximum.

Fractional shares shall be
disregarded.

105Exhibit 10(n)

SUMMARY OF THE COMPENSATION OF NON-EMPLOYEE DIRECTORS OF
 THE EMPIRE
DISTRICT ELECTRIC COMPANY

Set forth below is a summary of the compensation
provided to members of the Board of Directors who are not officers or employees of Empire (“Non-Employee Directors”). Directors who are also
officers or employees of Empire do not receive any compensation for duties performed as a Director.

Each Non-Employee Director is paid a monthly
retainer for his or her services as a Director at a rate of $22,500 per annum. In addition, a fee of $1,000 ($1,500 for the Audit Committee) is paid to
each Non-Employee Director for each day the Directors meet and for each meeting of a Committee of the Board that the Non-Employee Director attends in
person or by telephone. The Chairman of each Committee receives an annual retainer of $5,000 ($7,500 for the Chairman of the Audit Committee) and the
Chairman of the Board receives an annual retainer of $50,000.

Empire’s 1996 Stock Incentive Plan permits our
Non-Employee Directors to receive shares of common stock in lieu of all or a portion of any cash payment for services rendered as a Director. In
addition, a Non-Employee Director may defer all or part of any compensation payable for his or her services under the terms of Empire’s Deferred
Compensation Plan for Directors. Amounts so deferred are credited to an account for the benefit of the Director and accrue an interest equivalent at a
rate equal to the prime rate. A Non-Employee Director is entitled to receive all amounts deferred in a number of annual installments following
retirement, as elected by him or her.

In addition to the cash retainer and fees for
Non-Employee Directors, we maintain a Stock Unit Plan for Non-Employee Directors, which we refer to as the Stock Unit Plan, to provide Non-Employee
Directors the opportunity to accumulate benefits in the form of common stock units. Each common stock unit earns dividends in the form of common stock
units and can be redeemed for one share of common stock upon retirement or death of the Non-Employee Director. The number of units granted annually is
calculated by dividing the annual contribution rate, which is either the annual retainer fee or such other amount as is established by the Compensation
Committee of the Board of Directors, by the fair-market value of Empire’s common stock on January 1 of the year the units are granted. Common
stock unit dividends are computed based on the fair market value of Empire’s common stock on the dividend’s record date. During 2004, 18,663
units were converted to common stock by retired Non-Employee Directors, 13,798 units were granted for services provided in 2004 (based on an annual
contribution rate of $25,000), and 3,511 units were granted pursuant to the provisions of the plan providing for the reinvestment of dividends on stock
units in additional stock units.

Travel Insurance: Empire maintains $250,000 of
business travel accident insurance for Non-Employee Directors while traveling on Empire business.

Director Education. In accordance with Empire’s
Corporate Governance Guidelines, Empire encourages Directors to attend education programs relating to the responsibilities of directors of public
companies. The expenses for the Directors to attend these courses are paid by Empire.

Reimbursement of Expenses. Empire reimburses
Directors for expenses incurred in connection with their position as a Director including the reimbursement of expenses for
transportation.

106

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