0000912057-01-008515 Sample Contracts

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Senior Executive Severance Policy • March 27th, 2001 • Xcel Energy Inc • Electric & other services combined

Northern States Power Company, a Minnesota corporation ("NSP") and New Century Energies, Inc., a Delaware corporation ("NCE") entered into an Agreement and Plan of Merger dated as of March 24, 1999 (the "Merger Agreement"), whereby the NSP and NCE organizations agreed to engage in a merger-of-equals transaction (the "Combination"). In recognition of the pendency of the Combination, and the inevitable adjustments that occur during the transition period following the Combination, NSP and NCE each adopted a senior executive severance policy.

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Employment Agreement • March 27th, 2001 • Xcel Energy Inc • Electric & other services combined

This Amendment One to the Employment Agreement Between New Century Energies, Inc. and Paul J. Bonavia, effective December 15, 1997, is effective as of the date described below. The employment agreement, as amended, will be referred to as the "Agreement".

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