EXHIBIT 10.3 SENIOR OFFICER EMPLOYMENT AND NON-COMPETE AGREEMENT THIS AGREEMENT is made as of June 20, 2003 between WISCONSIN ENERGY CORPORATION (the "Company") and Allen Leverett (the "Executive"). WHEREAS, the Company wishes to employ the Executive...Employment and Non-Compete Agreement • August 1st, 2003 • Wisconsin Energy Corp • Electric & other services combined • Wisconsin
To: Richard Abdoo Dear Mr. Abdoo,Wisconsin Energy Corp • August 1st, 2003 • Electric & other services combined
This letter will confirm our previous discussions where I informed you of my intent to retire and will serve as an addendum ("the Addendum") to the May 1, 2002 Amended and Restated Senior Officer Employment, Change in Control, Severance and Non-Compete Agreement ("the Agreement"). The following will set forth the terms for my retirement and my future assistance in support of our "Power the Future" initiative:
