0000922224-06-000011 Sample Contracts

PPL Corporation Restricted Stock Unit Agreement
Restricted Stock Unit Agreement • February 1st, 2006 • PPL Electric Utilities Corp • Electric services • Pennsylvania

This Letter Agreement will confirm a grant to you of Restricted Stock Units ("Units") of PPL Corporation Common Stock under the PPL Incentive Compensation Plan or the PPL Incentive Compensation Plan for Key Employees (the "Plan").

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PPL CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • February 1st, 2006 • PPL Electric Utilities Corp • Electric services • Pennsylvania

This Letter Agreement will confirm a grant to you of a non-qualified Stock Option (“Stock Option”) of PPL Corporation Common Stock under the PPL Incentive Compensation Plan ("ICP") or PPL Incentive Compensation Plan for Key Employees ("ICPKE") (the “Plan”).

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PPL Corporation Restricted Stock Unit Agreement For Cash Incentive Premium Exchange Program
Restricted Stock Unit Agreement • February 1st, 2006 • PPL Electric Utilities Corp • Electric services • Pennsylvania

This Letter Agreement will confirm a grant to you of Restricted Stock Units ("Units") of PPL Corporation Common Stock under the PPL Incentive Compensation Plan or the PPL Incentive Compensation Plan for Key Employees (the "Plan"), as part of the PPL Cash Incentive Premium Exchange Program (the "Exchange Program").

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