This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933. No governmental agency has approved this document or the information contained in it. Any representation to the contrary is...Letter Agreement for Annual Stock Option Grants • March 28th, 2005 • Duquesne Light Holdings Inc • Electric services
This letter describes certain important aspects of the DQE, Inc. Long-Term Incentive Plan, as amended (the “Plan”) and constitutes a legally binding agreement between you and DQE, Inc. (the “Company”) with respect to your participation in the Plan. A copy of the Plan is attached to this letter as Annex A and is incorporated by reference in this letter in its entirety. A Plan Prospectus also is attached to this letter as Annex B. The Prospectus generally describes the purpose and administration of the Plan and contains specific discussions of the stock options granted to you as a non-employee director. The Prospectus describes certain federal income tax consequences of your stock options and explains how you can obtain additional information about the Plan or the Company’s Common Stock.
