EXHIBIT 10.41
SEVERANCE AGREEMENT AND RELEASE
This SEVERANCE AGREEMENT AND RELEASE ("Agreement") is entered into by and among ALLIANT
ENERGY CORPORATION ("Alliant Energy"), American Transmission Company, LLC ("ATC"), (collectively
referred to as the "Companies"), and John Ebright ("Ebright").
NOW, THEREFORE, in consideration for the mutual promises set forth herein, the parties agree as follows:
1. Severance. Ebright's employment with the Companies will terminate effective March 31, 2001 ("Severance
Date"). Ebright shall receive his current salary and benefits through the Severance Date. Except as expressly
provided herein, all obligations of the Companies to Ebright will terminate as of the Severance Date. Ebright
agrees to cooperate in the transition at the Companies as necessitated by his severance, will make himself
available for reasonable questions from representatives of the Companies to aid in the transition, and will
cooperate in turning over his files to successor employees.
2. Severance Benefits. In consideration for the release set forth in Paragraph 5 of this Agreement, the Companies
will pay to Ebright the total sum of $330,000 base salary and $99,000 incentive pay, subject to appropriate
federal and state withholdings. This sum represents twenty-four (24) months of pay at Ebright's base salary plus
two years' target incentive compensation. Payment to employee shall be made within fifteen days following March
31, 2001.
3. Outplacement Services. In further consideration for the release set forth in Paragraph 5 of this Agreement,
Ebright will be eligible to receive up to nine (9) months of outplacement services through a provider of the
Companies' choice.
4. Other Benefits. Ebright will cease to be eligible to participate under any stock option, bonus, equity, incentive
compensation, medical, dental, life insurance, retirement, pension, and other compensation or benefit plans of the
Companies following the Severance Date in accordance with the terms of those plans, e