Exhibit 10.2.1
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.
EXECUTIVE INCENTIVE PLAN
AS AMENDED AND RESTATED
EFFECTIVE AS OF AUGUST 1, 2000
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.
EXECUTIVE INCENTIVE PLAN
PURPOSE
In its original form, the Consolidated Edison Company of New York, Inc. Executive Incentive Plan (the "Plan")
was effective as of March 23, 1982. This document reflects the revisions to the Plan which were effective as of
April 1, 1999. As to a Participant who was in the employ of the Company or its Affiliated Companies on April 1,
1999, the Mandatory Deferral Portions and Optional Deferral Portions of Incentive Awards credited on the
Participant's behalf prior to April 1, 1999 and deferred to a date beyond April 1, 1999 were transferred to and
are administered under the Deferred Income Plan. This document also reflects the changes to the Plan that are
effective as of August 1, 2000.
The purpose of the Plan is to provide executives designated by the Company's Board of Trustees as eligible to
participate in the Plan with incentives to achieve goals which are important to shareholders and customers of the
Company, to supplement the Company's salary and benefit programs so as to provide overall compensation for
such executives which is more competitive with corporations with which the Company must compete for the best
executive talent, and to assist the Company in attracting and retaining executives who are important to the
continued success of the Company.
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.
EXECUTIVE INCENTIVE PLAN
(i)
TABLE OF CONTENTS
PAGE
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ARTICLE I. DEFINITIONS......................................................1
1.01 ADJUSTED TARGET INCENTIVE FUND...................................1
1.02 AFFILIATED COMPANY......................................