Exhibit 10.3
Long Term Incentive – Performance Share Grant
| [Year] | |
| Fair Market Value as of[Date] | [Price Per Share] |
| Date of Grant | [Date] |
| Performance Share Target | |
| Performance Cycle | [Date] through[Date] |
Performance Goals: Each performance share award will be based on the Company’s Total Shareholder Return (TSR) performance (which represents stock price appreciation plus dividends reinvested) based on the three-year average relative to an investor-owned utility peer group
Amount of Award:Actual awards will be based on company performance as specified above, and can range from 0 to 200 percent of target. The amount distributable to the Participant shall be determined in accordance with the following schedule:
| 3-yr Total Shareholder Return - | % of Target Value |
| Percentile Relative to Peer Group | Paid Out |
| 90th percentile or greater | [Percentage] |
| 80th Percentile | [Percentage] |
| 70th Percentile | [Percentage] |
| 60th Percentile | [Percentage] |
| 50th Percentile | [Percentage] |
| 45th Percentile | [Percentage] |
| 40th Percentile | [Percentage] |
| Below 40th Percentile | [Percentage] |
Performance Share payout:Subject to the terms of the Plan, Performance Shares will be paid in Alliant Energy shares, or a combination of cash and shares, as soon as practicable at the end of each performance cycle, but not later than seventy-five days following the end of the performance cycle.
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| SIGNATURE |