PERFORMANCE SHARE AGREEMENT
PURSUANT TO THE
GREAT PLAINS ENERGY INCORPORATED
LONG-TERM INCENTIVE PLAN
EFFECTIVE MAY 7, 2002 (THE PLAN)
THIS AGREEMENT dated as of February 6, 2007 , and entered into, in duplicate by and between
GREAT PLAINS ENERGY INCORPORATED (the Company) and _______________ (the Grantee).
WHEREAS, all capitalized terms used herein shall have the respective meanings set forth in the Plan; and
WHEREAS, the Grantee is employed by the Company or one of its subsidiaries in a key capacity, and
the Company desires to (i) encourage the Grantee to acquire a proprietary and vested long-term interest in the
growth and performance of the Company, (ii) provide the Grantee with the incentive to enhance the value of the
Company for the benefit of its customers and shareholders, and (iii) encourage the Grantee to remain in the
employ of the Company as one of the key employees upon whom the Company’s success depends;
NOW, THEREFORE, in consideration of the covenants and agreements herein contained, the parties
hereto agree as follows:
3. Dividend Rights. Any dividends paid will accrue quarterly on the Performance Shares in a nominal account.
The Grantee shall be entitled to receive at the end of the Award Period these quarterly dividends on the
number of Performance Shares earned. The dividends on the Performance Shares will be paid in cash
unless the Committee deems otherwise.
1. Performance Share Award. The Company hereby grants to the Grantee _______ Performance Shares
for the three-year period ending 2009 (the Award Period). The Performance Shares may be earned
based upon the Company’s performance as set forth in Appendix A.
2. Terms and Conditions. The grant of Performance Shares is subject to the following terms and
a. Payment of Award . As soon as practicable after the end of the Award Period, the Compensation
and Development Committee of the Board of Directors (the Committee) shall for purposes of this