This Agreement is made and entered into by and between KANSAS CITY POWER & LIGHT
COMPANY (hereinafter the "Company") and Stephen T. Easley (hereinafter the "Executive") as of December 2,
2008. In consideration of the mutual promises set forth herein, the parties agree as follows:
1. Executive has submitted his resignation from employment with the Company, and he resigns effective
January 2, 2009 (hereinafter referred to as Executive's "Resignation Date") from any and all positions with the
Company, including his position as Senior Vice President – Supply and from his positions with all affiliates and
subsidiaries of the Company. Until his Resignation Date, Executive will be paid his normal salary and benefits.
After the Resignation Date, in accordance with the Company's normal policy, Company shall pay
Executive a lump sum cash payment of all earned, unpaid salary and any accrued but unused vacation days owed
to Executive as of his Resignation Date.
Executive shall receive such benefits as are provided Executive under Company's plans and programs in
accordance with the terms of such plans and programs. Such benefits shall include, but not necessarily be limited
to, vested retirement benefits under the Management Pension Plan and Supplemental Executive Retirement Plan,
the Employee Savings Plus Plan, and the Deferred Compensation Plan.
2. Within two weeks of the Resignation Date, Company shall also pay to Executive by wire transfer a lump
sum cash payment of One Million Two Hundred Twenty Five Thousand Dollars ($1,225,000.00), less applicable
federal, state, and local tax or other withholdings. Executive acknowledges and agrees that he is responsible for
all federal, state, and local income or earnings taxes and the Executive's portion of any employment taxes due on
payments made under this Agreement and arising under each of the Company's plans and programs. Company