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' '�pEC-15-2006 FRI 09;54 AM CITY OF DECRTUR FINANCE FAX N0. 2174242717 P. 03
<br /> General temts and CondlGat��for EM�ctricity 5upply
<br /> T1. Deth�fiMana. M cap{tailzed lertns ha�e ihs meanings sat fortl�bebw,G1 the Pricing Schedulss,of defined elsewhere in Me A9reemem.
<br /> °Aabu�"mearts t11�se accourrt(s)psied in th�Pr{ca�9 Sche�le(s)which aza to be suppFed with electricilY bY Na'x�nsr9Y under this Agreemen�
<br /> "AflNfaN9"of a Pady mear�s arry petson a entity co�led by�that cardois,or that'u under cnmrrlon cor�hnl wflh.such Par►y.Tha ta�"ca►hoY'(Includ�ng iha temns
<br /> "canlroUing"�'�O+itroped Dy"and'1mde�conurwn control►tnth'�means the possessiurl,dke�yr olr hx�lrecqY���he Powa�tn drcect ot ceuse tha direc��n oi d1e
<br /> management Palicins af a Perty,whether Urough the awr�ship o�vodrg securiUes,bY�tiac�or olherwise.
<br /> "Dalinery Cl�rgea"mean ihase artbunts psyebte(�Taxes and surchargeal bI!Custnmer for sarvices providBd hy the Utiflry�tS0 or oiha�third p�es.
<br /> '�overMng,p�dlcibn"n�edns w�h respect io eaeh Account,tha Slate in wlNch�ch Axa�'►t�laca�d�Provxied that tho gnverr�ng jurisdictlon shali be desmed
<br /> to ba ihe 51ate d New Yak il the matto�at isquB imrolvas mat�ers ro more ihan one siate.
<br /> °Holdover R�a"shaU have U►e mear►InB set forih in the Pr�ing Schedule(s)- �
<br /> "ISO"mear�s the indepandent system oparator or regbnel traans�r�slon org�u�e�fder�tied on Iha P6c�ng Sch�e(6),a anY s�cessor a��a��Y�
<br /> od�er enf�y�pub�c a;xivad�,�dmirqs�ring transr►wssbn rellab��y and conhol d the elecbic�ty 9nd. �� �� lki�ly a 1S0 t$rfH,n�le d tha
<br /> °Layw'meg�am(ew�rule.►e9ulation�oid�r�ce�statute,jud�i decision,ed�ri�Ne ordar���o��ier UtiNGes a�nd the efacttichy+distrihu�on s}rstern of
<br /> pubNc utdities conunis�ion�public servlGe coim�ission a simiiar staie comml�sion ar ag8�5►�rvin9lu
<br /> iha state in WNch 1he Accoums a�e bcsted,and the IMte.
<br /> "NewEr�9rg�►�Mti!►�"m�►s ihe p►odu�x of ms�ixed or variade pr�ce ta electricity as set rortl,in the Pridns S�heduf�ts)!or eacn na�urd mukip�ea by
<br /> ��rr�e�"s kilowaR�hour(kWh}usage dunng the appfica�perlod
<br /> "Noike PBtbd"sh�tl have Uie me�lnk�9 s6t for�h!rt Uia PrlcU9 SChedpde{s�
<br /> Mpayrl�Itt Date"sheM t�re ihe ma9ldRg se1 torth in the Pticing Schedul�(s). I sulhorily,
<br /> "Texes"mean all�ble fedar2�l�alete�rtnrtic�p91 end otf�er taxes,dudes�fees�ievi�,P�'Bpm�3 a arry oit�d�arges impo�ed b1t�►Y 9���
<br /> whetl�er�irect a k�diroCt,arld wt�ethar In eflect as d the Efleciive Da1e a enacted affer suCh daie,togelher with all iMeresl.Panellies or ottler add�iw�al eimounls
<br /> impor�d in raapect theraof inClu�+�ut Ik�itati�on,tl�se levied on a meas�ned bY�m re6erred to as s�les,cor�xnption,9oods and services�use�value added,
<br /> reca{pts taxes,kWh taxes,f►ancl►isa tax,Pn�lege taxes(such ac Ohw's CnRuner�i�l Acth�ItY Taxl,atcclse,s1ar11p�w{thholding or surtaxes(but shall rwt(nclt�de iauc�s
<br /> irnposed otllhe r�at,ricome d NewEi�rgy). The ierm"fax$s"shell ir�ck�e mnY and 8ill���on the Cuatomer�recdy ot an Nevv�t$y ln its
<br /> function as a suppfier 4f Costomer,ancl tha�ete a�ocieted in a►ry waY withh tt�e s�ply cd ene►�fr arxl releted serv�ces to Custornat(n v�!► on 1he Irnroice as a
<br /> be respoc�s;bla m reimb�sa N�9Y for all such amnunts). A11 raxes invaiced to tt�a Cuslomer under Ws A�e�rt�ent wltl be displal+ed
<br /> sepera[e Nne itern ac mcludad�the New�rpy��t�►9d as recWired bY Le�w.
<br /> °UtlAty"mearts tha bcsl electncitp�'fbulion�enY�urnr�g ar►d+a cur�rdYn9 and m6irNaipir�g Ute dlstribuUan sys�em re�ked for deGvery�I elect�aly io N►e
<br /> ��g�� �nih rea�ona6le irrf4n++edon as►equested by NawEtiergY to comp�te a crec�t ravlew.
<br /> T2,1. CredUwarthlneea. Fram time to tirtia C�omer wll proulde New�a�Y �
<br /> Ca�tinu�d supply of electrlcity u�'thfs Agreameet Is cordingent upon NawFner�s_dat�nk�ation,in its eole�scredon�that Custnmer is aedltwodhY. If at any
<br /> �mo aod an en o►rgoing basis during the tertn of ths Agreem�nt WewEne►gy detennr�0s tl�dt Cus�om�s aredit�ur�sfaclay.Custa�ihe Cusiome�'has mada
<br /> edverse qrange fn ita fir�and�l cond�twn�Cuslomer's flna►�clal obYgaUons to NewEr�etgy inaeb�a unrler ttws A�reement�r al'�r�svn,
<br /> iwa or more iate pafKnents,NewEnergy wiN have the right W require 1t�at Customer pc�►securill►or make olt�er c�►arrarr9ements sel�sfackxY to NewEne�gY I�
<br /> rr�y Ir►dude widt��Ilmltatia►,makiflg a cash cl�poslk Po�i►►8$letbe�of c�k et a fina�laly saxid bat�k a att�ar fw�nclal ir�stiU�lo�,a P�ePaY�����Y for
<br /> ��ed�Hv s�pr�d ur►der uvs agreemerd?or ro incrsese a sup�emera secu�!a other c�edt a�rigemeras p►�vioush+P��P���n arry suct►ara,mstanae to
<br /> ensure piom�PaY��f'.�of amour�owed or dherwlr�e PaYabls under ttps Agresmer�.Cus�omer wlll proi+ide the requested securiry a aed'it
<br /> ana�ernsnis,induding a�►Y xxxease tl�ereof,wi�i1�fhre(5�b�inesS days of NewEr�gYs�N��
<br /> T2,2.oela�aG M'ewenc of qefault"means any o►�a of ma toHawlr►g:l�)cu�tomers ta►M�re�o maloa,+M+e�+r�e,a�lr p�11�t+req+lired under ihl�A9roen�n+�
<br /> npt peld wlthln the Notice Pe�iod;a(b)d►►Y�epresentaqon or xrerraray made by a Parry in this A�e�en1 pra�io heve been 1alse ot misleac�ng in any mataria)
<br /> res�t when mude G'ceases io remeln tNe in aN rtteterial res�t�durin9 iha te+m ai ih�s Agreement,�not cwed w�n 5 bust►�ess day�aher wr�ten�oUce from
<br /> the othar pady;a(c)C�mer ta�s iu pro+rlde addUonal sec�xily a credk artangemeAls as prorided In d�is AgreamenC a(�a�ept io ihe axtent excused by Force
<br /> �na�ure.lhe fallure by a Pady to per(o�m any mata�ial obNgetiun set(ath In Uus Agteement(aiher than the events that are a���yi�r ace
<br /> se�rete Evant of�etaun nereunded whare,In ckcumstances sucn fa�ure ls a,rab�,�►a rtot cW'ed w)thb+2n A�G�e�s daY� ►,ec�pt
<br /> fher�l;or(e)a Party:�makas an assignmam a ar►y ganeral arrar►c,�mard fa riie henefit d cre�itas� G?has e BquidaUx� adminishata�rer�fver,tn�,
<br /> consQrv�tar or sirr��appair�ed 1�i�a any suds��al p4►t�ui ds prop�Ry a asseis(H�Ales a petiUan or aTherrriae conxnan�s,au�i��s or aoqulesces
<br /> r
<br /> In the commencesnent d a proceedm9 ar cause af acdon under amr bankruptcy o�sYr�Yar law tor ths protectian of cred�lo�,or hes such pelklon f�ed t a
<br /> such pe#ipon 16 rwi r�ritt��awn a�smis8eri fa 20 husir�ss daYs aitar s�x�►Nin�(rv)ottierwise becon►es bar�Cn�pt or k�sdvent Q�owever ev�r►c�;a!v}is urm�e
<br /> �pay its dabts as they faN due.
<br /> 1�.3.Remedles upon Delaurt-
<br /> ����� ,4�neex� trlals or 8�61Y r�+reePectµ ��tl1a��A�a��urr�s�a�d��a1�acA�d by�°�De�ut���a rorult ot'�de�
<br /> �pon�rrN�r,,,�m�e o�a�P�ry�rarh u�s sfl�d►+a d�af�orr Nb'�r rWman�on n,�a��n uro��nera la iem+►r►�ea,M
<br /> wtale or I�p�'�,P����Secilon,the Nan�Defauking PariY wNl In 9���e�leiminstlon pa�nneM ea�elltwtl+below,and the DetauNittg
<br /> � peKy sh�ll pey su�h arnount folbrrl�tp 1'aeelpt at r�ke of a�ch ronouM aa p�p�Aded hereln.irie Partles eWoioxded6e and egre�►ihat enY�em►��w►
<br /> � payn�ant under t�l�Agl'eement�a r�e ePP►ax�n d F�r�1A w bss,and h not e penaity or puYthr�in�►►esPer,t.
<br /> @)lf Customer tertninabes UYs AgraerneM,in ruFw�w in pa�,upor►the defau{t of NewEnergy�NewEner9!'�p$Y��OR'er ihe tolbwing earlY tsrmina�bn
<br /> �yR,�[p�ket value plus cosfsJ minus contra�t veWe,so bne a�u,e u�adcet value plus c�is(e greate�man Ih�conkact vakie,
<br /> (cl ff N�tarminate6 tMs Agreamenc,In whole a in pa�,upan the default of Cdeiomer of fx,�tomer terminAtes Uws Ag�aement,in wtale a In pa�,as
<br /> pertnitted under a Prieing St�edule a under Seoli�on T.25 below,Gusromer wlll pay NewEnergy the tolowing aary terrr��atbn paymenh lC�►r�Ct Vawe plu�
<br /> tbsts]minus Market Vatue�sn lon9 as ih�CAnlydct Vakie plus Costs ia g�er than the IJerlcet Value. �
<br /> (d)For Purposes ot u�ls section,yConaact vaM,e�n�s the NewEner�r Ele�kriclty cnerga Ia u►e Rernaining Anddpated Usa9a. '1�rket v�l� maar�s the
<br /> Rev.7.4 OsEbA AprM 14,2006 °�Aqb Cap�tallelbn 1tsMiElMr9Y�Y1C.�AN clghts te9erVaA
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