SEC Contract Filing

Filing Date: 2016-02-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.Q7
<SEQUENCE>4
<FILENAME>exhibit10q-7.htm
<DESCRIPTION>EXHIBIT 10(Q)-7
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<P STYLE="font: normal 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt">Exhibit 10(q)-7</P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">&#9;</P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">AMENDMENT NO. 6</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&#9;TO</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&#9;PPL EXECUTIVE DEFERRED COMPENSATION PLAN</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 3pt 0; text-indent: 0.5in">WHEREAS, PPL Services Corporation (&quot;PPL&quot;)
has adopted the PPL Officers Deferred Compensation Plan (&quot;Plan&quot;) effective July 1, 2000; and</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 3pt 0; text-indent: 0.5in">WHEREAS, the Plan was amended and restated
effective November 1, 2003, and subsequently amended by Amendment No. 1, 2, 3, 4 and 5; and</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 3pt 0; text-indent: 0.5in">WHEREAS, PPL desires to further amend the
Plan;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 3pt 0; text-indent: 0.5in">NOW, THEREFORE, the Plan is hereby amended
as follows:</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">I.</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective January 1, 2016, the following sections of Article IV is
amended to read:</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Univers,sans-serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&#9;</B></P>

<P STYLE="font: 12pt Univers,sans-serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Univers,sans-serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>Article IV</B></P>

<P STYLE="font: 12pt Univers,sans-serif; margin: 0pt 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B><U>Deferred
Cash Compensation and Deferred Cash Awards</U></B></FONT></P>

<P STYLE="font: 12pt Univers,sans-serif; margin: 0pt 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 3pt 0">4.11&#9;The Account of any Participant hired on or after January
1, 2012, with Deferred Cash Compensation and Deferred Cash Awards for the calendar year shall be increased by a Matching Contribution
and a Fixed Contribution. The Matching Contribution shall be an amount equal to 75% of the aggregate Deferred Cash Compensation
and Deferred Cash Awards that do not exceed 6% Cash Compensation, minus the maximum amount of Matching Contributions that could
have been made to the Participant&rsquo;s Accounts in the PPL Retirement Savings Plan for that calendar year if the Participant
made the maximum employee contributions permitted. The Fixed Contribution shall be an amount equal to 3% of Cash Compensation and
Cash Award minus the amount of the Fixed Contribution made to the Participant&rsquo;s Accounts in the PPL Retirement Savings Plan
for that calendar year.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.4in; text-indent: -0.4in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.4in">II.</TD><TD>Except as provided for in this Amendment No. 6, all other provisions of the Plan shall remain in full force and effect.</TD></TR></TABLE>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">IN WITNESS WHEREOF, this Amendment No. 6 is executed this _____
day of _____________________, 2015.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

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 <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">PPL SERVICES CORPORATION</FONT></TD></TR>
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