Directors' Compensation Deferred Vested Restricted Stock Units ? 409A Election Form Reliant Energy, Inc. 2002 Long Term Incentive Plan Director

Exhibit 10.67

Sample

Directors’ Compensation
Deferred Vested Restricted Stock Units — 409A Election Form
Reliant Energy, Inc. 2002 Long Term Incentive Plan

Director:                     

In connection with your service as a Board member, in certain years, you were granted Restricted Stock Units pursuant to an Award Agreement which are now vested but, as provided in the Award Agreement, payout and taxation was deferred until you leave the Board.

Under IRS transition rules, you may elect a new payout date provided the election is made before December 31, 2008 and the payout date is no earlier than 2009. If you make a new payout election and wish to subsequently change the new payout date, the change must be made at least 12 months before the scheduled payout date and must defer payout at least 5 years beyond the scheduled payout date.

Listed below are your grants of deferred vested units. If you wish to elect a new payout date enter the new date in the space provided. If you do