Exhibit 10(a)3 ALLETE EXECUTIVE LONG-TERM INCENTIVE COMPENSATION PLAN FORM OF LONG-TERM CASH INCENTIVE AWARD PRESIDENT OF ALLETE PROPERTIES, LLC 2006 GOALS AND AWARD OPPORTUNITY -------------------------------- Base Salary $ TIMES Award Opportunity (percent of base salary) % ------ EQUALS Target Award Opportunity $ TIMES Performance Scorecard Achievement (0% - 120%) /1 EQUALS Cash Incentive Award /2 $ ------- /1 The Performance Scorecard includes one financial goal and six strategic nonfinanical goals. Goal achievement will be determined at the end of 2006. /2 Award Vesting: 30% on February 1, 2007; 30% on February 1, 2008; 40% on February 1, 2009.