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Resolution No. 9510 (7);: LA\ 1776718.10 EXECUTION VERSION INTERCONNECTION AND TRANSMISSION SERVICES AGREEMENT BETWEEN THE CITY OF VERNON AND BICENT (CALIFORNIA) MALBURG LLC TABLE OF CONTENTS ARTICLE1. DEFINITIONS:.........................................................................................................:..........2 ARTICLE 2. EFFECTIVE DATE, TERM AND TERMINATION..................................................... 6 2.1 Effective Date..................................................................................................................... 6 2.2 Term of Agreement.............................................................................................................6 2.3 Termination Procedures..................................................................................................... 6 2.3.1 Written Notice........................................................................................................ 6 2.3.2 Default................................................................................................................... 6 2.4 Termination Costs................................................................................................................6 2.5 Disconnection.................................................................................................................. 7 2.6 Survival...............................................................................................................................7 ARTICLE 3. SCOPE OF SERVICE......................................................................................................... 7 3.1 Interconnection Service...................................................................................................... 7 3.2 Commencement of Interconnection Service....................................................................... 7 3.3 Performance Standards....................................................................................................... 7 3.4 Transmission Service..........................................................................................................7 3.4.1 Rate for Service..................................................................................................... 8 3.4.2 Modification of Service......................................................................................... 8 3.4.3 Daily Schedules..................................................................................................... 8 3.4.4 Output., .................................................................................................................. 8 3.5 Station Power...................................................................................................................... 8 3.6 MGS Owner Provided Services.......................................................................................... 8 ARTICLE 4. TESTING AND INSPECTION..........................................................................................9 4.1 Testing and Modifications .................................................................................................. 9 4.2 Right to Observe Testing.................................................................................................... 9 4.3 Right to Inspect................................................................................................................... 9 ARTICLE5. METERING......................................................................................................................... 9 5.1 General............................................................................................................._..................9 5.2 Check Meters...................................................................................................................... 9 5.3 Vernon Retail Metering ................................................... ..... .............................................. 9 5.4 Products............................................................................................................................ 10 5.5 Adjustments...................................................................................................................... 10 ARTICLE 6. COMMUNICATIONS......................................................................................................10 6.1 MGS Owner Obligations.................................................................................................. 10 6.2 Remote Terminal Unit...................................................................................................... 10 6.3 No Annexation.................................................................................................................. 10 ARTICLE 7. OPERATIONS................................................................................................................... 11 LA\ 1776718.10 7.1 General..............................................................................................................................11 7.2 Vernon Obligations............................................................................................................ 11 7.3 MGS Owner Obligations................................................................................................... 11 7.4 Reactive Power................................................................................................................. I l 7.4.1 Power Factor Criteria........................................................................................... 11 7.4.2 Voltage Schedules................................................................................................11 7.5 Outages and Interruptions.................................................................................................12 7.5.1 Outages................................................................................................................ 12 7.5.2 Interruption of Service......................................................................................... 12 7.5.3 Under -Frequency and Over Frequency Conditions ............................................. 13 7.5.4 System Protection and Other Control Requirements ........................................... 13 7.5.5 Requirements for Protection................................................................................ 14 7.5.6 Power Quality ...................................................................................................... 14 7.6 Switching and Tagging Rules...........................................................................................14 7.7 Purpose of Interconnection Facilities................................................................................ 15 7.8 Disturbance Analysis Data Exchange...............................................................................15 ARTICLE 8. MAINTENANCE...............................................................................................................15 8.1 Vernon Obligations ................................................ ........................ 15 ................................... 8.2 MGS Owner Obligations.................................................................................................. 15 8.3 Coordination..................................................................................................................... 15 8.4 Secondary Systems...........................................................................................................15 8.5 Operating and Maintenance Expenses.............................................................................. 15 ARTICLE 9. PERFORMANCE OBLIGATION................................................................................... Is 9.1 MGS Owner's Interconnection Facilities.........................................................................15 9.2 Vernon's Interconnection Facilities.................................................................................. 15 ARTICLE10. INVOICE..........................................................................................................................Is 10.1 General..............................................................................................................................15 10.2 Losses...............................................................................................................................16 10.3 Payment............................................................................................................................ 16 10..3.1 Nonpayment.........................................................................................................16 10.4 Disputes............................................................................................................................ 16 ARTICLE11. EMERGENCIES.............................................................................................................16 11.1 Obligations........................................................................................................................ 16 11.2 Notice................................................................................................................................16 11.3 Immediate Action............................................................................................................. 17 11.4 Vernon Authority .............................................................................................................. 17 11.4.1 General 17 11.4.2 Reduction and Disconnection.............................................................................. 17 11.5 MGS Owner Authority ....................................................................................................17 11.6 Limited Liability................_.......................................................................:...................... 18 ARTICLE 12. REGULATORY REQUIREMENTS AND GOVERNING LAW...............................18 LA\1776718.10 12.1 Regulatory Requirements...................:............................................................................. 18 12.2 Governing Law................................................................................................................. 18 ARTICLE 13. NOTICES.........................................................................................................................18 13.1 General............................................::.....................................:..........................................18 13.2 Billings and Payments...................................................................................................... 18 13.3 Alternative Forms of Notice............................................................................................. 18 13.4 Operations and Maintenance Notice................................................................................. 18 ARTICLE 14. FORCE MAJEURE.........................................................................................................19 14.1 Force Majeure................................................................................................................... 19 ARTICLE 15. DEFAULT........................................................................................................................19 15.1 Default.............................................................................................................................. 19 15.1.1 General 19 15.1.2 Right to Terminate...............................................................................................19 ARTICLE 16. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE .......................19 16.1 Indemnity .......................................................................................................................... 19 16.1.1 Indemnified Party .................................................................. ....... . ..................... . 20 16.1.2 Indemnifying Party.............................................................................................. 20 16.1.3 Indemnity Procedures..........................................................................................20 16.2 Consequential Damages......................................................................................:............. 20 16.3 Insurance................................................................:.......................................................... 21 ARTICLE17. ASSIGNMENT................................................................................................................ 21 17.1 Assignment ........................... .......... 21 .................................................................................. i ARTICLE 18. SEVERABILITY.............................................................................................................21 18.1 Severability.................................................................................................... 21 ................... ARTICLE 19. CONFIDENTIALITY..................................................................................................... 21 19.1 Confidentiality.............................................................: ....................21 ................................. 19.1.1 Term................................................................................................................22 19.1.2 Scope............................................:........................................................ ...........22 19.1.3 Release of Confidential Information........:.................:......................................... 22 19.1.4 Rights................................................................................................................22 19.1.5 No Warranties......................................................................................................22 19.1.6 Standard of Care..................................:.......:.......................................................22 19.1.7 Order of Disclosure.............................................................................................. 23 19.1.8 Termination of Agreement................................................................................... 23 19.1.9 Remedies..............................................................................................................23 19.1.10 Disclosure to Governmental Authority, its Staff, or a State ................................. 23 LA\ 1776718.10 ARTICLE 20. ENVIRONMENTAL RELEASES .......................................... ......... 24 ARTICLE 21. INFORMATION REQUIREMENTS............................................................................ 24 21.1 Information Acquisition.................................................................................................... 24 21.2 Information Submission by Vernon.................................................................................. 24 21.3 Information Supplementation........................................................................................... 24 ARTICLE 22. INFORMATION ACCESS AND AUDIT RIGHTS.....................................................25 22.1 Information Access........................................................................................................... 25 22.2 Reporting of Non -Force Majeure Events..........................................................................25 22.3 Audit Rights ........................ 22.4 Audit Rights Periods......................................................................................................... 25 22.5 Audit Results..................................................................................................................... 25 ARTICLE 23. SUBCONTRACTORS..................................................................................................... 25 23.1 General..............................................................................................................................25 23.2 Responsibility of Principal................................................................................................ 26 23.3 No Limitation by Insurance..............................................................................................26 ARTICLE24. DISPUTES........................................................................................................................26 24.1 Submission........................................................................................................................26 24.2 External Arbitration Procedures....................................................................................... 26 24.3 Arbitration Decisions........................................................................................................26 24.4 Costs................................................................................................................................. 27 ARTICLE 25. REPRESENTATIONS, WARRANTIES AND COVENANTS...................................27 25.1 General..............................................................................................................................27 25.1.1 Good Standing..................................................................................................... 27 25.1.2 Authority ..............................................................................................................27 25.1.3 No Conflict.......................................................................................................... 27 25.1.4 Consent and Approval......................................................................................... 27 ARTICLE 26. MISCELLANEOUS........................................................................................................ 27 26.1 Binding Effect................................................................................................................... 27 26.2 Conflicts............................................................................................................................27 26.3 Rules of Interpretation...................................................................................................... 27 26.4 Entire Agreement..............................................................................................................28 26.5 No Third Party Beneficiaries............................................................................................ 28 26.6 Waiver...............................................................................................................................28 26.7 Headings........................................................................................................................... 28 26.8 Multiple Counterparts.......................................................................................................28 26.9 Amendment.......................................................................................................................28 26.10 Modification by the Parties.............................................................................................. 29 26.11 No Partnership.................................................................................................................. 29 LA\1776718.10 4 t�. I Appendices................................................................................................................................................. 30 Part A Interconnection Facilities Part B Addresses for Delivery of Notices and Billings LA\1776718.10 INTERCONNECTION AND TRANSMISSION SERVICES AGREEMENT BETWEEN CITY OF VERNON AND BEOWULF (VERNON) POWER LLC THIS INTERCONNECTION AND TRANSMISSION SERVICES AGREEMENT (this "ITSA") is made and entered into this 10th day of April, 2008 (the "Effective Date"), by and between Bicent (California) Malburg LLC, a Delaware limited liability corporation ("MGS Owner'), and the City of Vernon, a municipal corporation and chartered city duly organized and existing under and by virtue of the Constitution and the laws of the State of California ("Vernon"). MGS Owner and Vernon each may be referred to as a "Party" or collectively as the "Parties." RECITALS A. Pursuant to that certain Amended and Restated Purchase and Sale Agreement dated December 13, 2007, as amended by that certain First Amendment to Amended and Restated Purchase and Sale Agreement dated February 8, 2008 ("PSA"), MGS Owner intends to acquire, own and operate the 134 MW (nominal) gas fired 2 x 1 combined cycle generating facility located in Vernon, California known as the Malburg Generating Station (the "Generating Facility"). B. Vernon and MGS Owner are parties to that certain Lease and Grant of Easements dated as of the date hereof, as may be amended or extended from time to time ("Lease"), for certain real property associated with the Generating Facility. C. Vernon and MGS Owner are parties to a Power Purchase and Tolling Agreement dated as of the date hereof, as it may be amended from time to time (the "PPTA"), and upon consummation of Vernon's sale, and MGS Owner's acquisition, of the Generating Facility, MGS Owner will provide for the sale and delivery of certain products to Vernon from the Generating Facility. D. After the PPTA Termination Date, MGS Owner may desire to sell Products to a third party through the ISO Grid. E. Vernon operates the Distribution System and has contractual rights to deliver energy to the ISO Grid at the Receiving Point. MGS Owner and Vernon have agreed to enter into this ITSA .for the purpose of interconnecting the Generating Facility with the Distribution System and to set forth the terms and conditions pursuant to which Vernon will provide firm transmission service to MGS Owner for the transmission of Products from the Generating Facility to the Receiving Point after the PPTA Termination Date. NOW THEREFORE, in consideration of the mutual obligations and undertakings set forth herein, the parties to this ITSA covenant and agree as follows: LA\1776718.10 ARTICLE 1. DEFINITIONS When used in this ITSA with initial capitalization, the following terms shall have the meanings specified in this Article 1. When used in this ITSA, terms with initial capitalization that are not defined in this Article 1 shall have the meanings specified in the Article in which they are used. Affiliate shall mean, with respect to a Person, any other Person that (a) directly.or indirectly controls the specified Person; or (b) is controlled by or is under direct or indirect common control with the specified Person. For the purposes of this definition, "control," when used with respect to any specified Person, means the power to direct the management or policies of the specified Person, directly or indirectly, whether through the ownership of voting securities, partnership or limited liability company interests, by contract or otherwise. Ancillary Services shall have the meaning set forth in the ISO Tariff. Applicable Laws and Regulations shall mean all duly promulgated and applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, pen -nits and other duly authorized and applicable actions of any Governmental Authority. Applicable Reliability Council shall mean the Western Electricity Coordinating Council or its successor. Applicable Reliability Standards shall mean the requirements and guidelines of NERC, the Applicable Reliability Council, and the ISO. Breach shall mean the failure of a Party to perform or observe any material term or condition of this ITSA. Breaching Party shall mean a Party that is in Breach of this ITSA. Business Day shall mean any Calendar Day except a Saturday, Sunday, or legal holiday in the State of California. A Business Day shall open at 8:00 a.m. and close at 5:00 p.m. PPT. Calendar Day shall mean the period of twenty-four (24) consecutive hours, beginning at 12:00 midnight PPT. Capacity shall mean the maximum dependable operating capability of a generating resource to produce or generate Energy or Ancillary Services. Confidential Information shall mean any confidential, proprietary or trade secret information of a plan, specification, pattern, procedure, design, device, list, concept, policy or compilation relating to the present or planned business of a Party, which is designated as confidential by the Party supplying the information, whether conveyed orally, electronically, in writing, through inspection, or otherwise, subject to Article 19.1.2. Default shall mean the failure of a Breaching Party to cure its Breach in accordance with Article 15 of this ITSA. Distribution System shall mean those non -ISO -controlled transmission and distribution facilities owned, controlled, and operated by Vernon. LA\ 1776718.10 2 Emergency Condition shall mean a condition or situation: (1) that, in the judgment of the Party making the claim, is imminently likely to endanger life or property; (2) that, in the case of Vernon, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the securityof, or damage to, the Distribution System, Vernon's Interconnection Facilities, or the electric systems of others to which Vernon's electric system is directly connected; or (3) that, in the case of MGS Owner, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Generating Facility or MGS Owner's Interconnection Facilities. System restoration and black start shall be considered Emergency Conditions; provided, that MGS Owner is not obligated by this ITSA to possess black start capability. Energy shall mean three-phase, 60 cycle alternating current electric energy. Environmental Law shall mean any Governmental Rules relating to or imposing liability or standards of conduct with respect to the protection of human health, safety or the environment (including ambient air, soil, surface water, ground water, wetlands, land or subsurface strata), including Governmental Rules relating to (a) emissions, discharges, releases or threatened releases of Hazardous Substances into the environment, (b) manufacture, generation, processing, distribution, use, treatment, storage, disposal, transport `or handling of Hazardous Substances, and (b) human exposure to Hazardous Substances or conditions, including CERCLA, the Hazardous Materials Transportation Act (49 U.S.C. §§ 5101 et seq,), the Resource Conservation and Recovery Act (42 U.S.C. §§ 6901 et seq.), the Federal Water Pollution Control Act (33 U.S.C. §§ 1251 et seq.), the Clean Air Act (42 U.S.C. §§ 7401 et seq.), the Toxic Substances Control Act (15 U.S.C. §§ 2601 et seq.), the Oil Pollution Act (33 U.S.C. §§ 2701 et seq.), the Occupational Safety and Health Act (29 U.S.C. §§ 651 et seq.), the Emergency Planning and Community Right -to -Know Act (42 U.S.C. §§ 11001 et seq.), the Endangered Species Act (16 U.S.C: §§ 1531 et seq.), the Porter -Cologne Water Quality Control Act (Cal. Water Code §§ 13000 et seq.), the Safe Drinking. Water and Toxic Enforcement Act of.1986 (Cal. Health & Safety Code §§ 25249.5 et seq.), the Hazardous Substance Account Act (Cal Health & Safety Code §§ 25300 et seq.), the Hazardous Waste Control Act (Cal. Health & Safety Code §§ 25100 et seq_), the California Clean Air Act (Cal. Health & Safety Code §§ 39000 et seq.), the California Endangered Species Act (Cal. Fish & Game Code §§ 2050 et seq.), the Warren-Alquist Act (Cal. Public Resources Code §§ 25410 et seq.) and the California Native Plant Protection Act (Cal. Fish & Game Code §§ 1900 et seq.). Federal Power Act shall mean the. Federal Power Act, as amended, 16 U.S.C. §§ 791 a et seq FERC shall mean the Federal Energy Regulatory Commission or its successor. Force Majeure shall mean any act of God, labor disturbance, act of the public enemy, war, insurrection, riot, fire, storm or flood, explosion, breakage or accident to machinery or equipment, any order, regulation or restriction imposed by governmental, military or lawfully established civilian authorities, or any other cause beyond a Parry's control. A Force Majeure event does not include acts of negligence or intentional wrongdoing by the Party claiming Force Majeure. Good Utility Practice shall mean any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety and expedition. Good Utility Practice is not intended to be any one of a number of the optimum practices, methods, or acts to the exclusion of all others, but rather to be acceptable practices, methods, or acts generally accepted in the region. LA\1776718.10 Governmental Authority shall mean any federal, state, local or other governmental, regulatory or administrative agency, court, commission, department, board, or other governmental subdivision, legislature, rulemaking board, tribunal, or other governmental authority having jurisdiction over the Parties, their respective facilities, or the respective services they provide, and exercising or entitled to exercise any administrative, executive, police, or taxing authority or power. Governmental_ Rules shall mean all applicable laws (including the common law), statutes, treaties, rules, regulations, ordinances, codes,, judgments, enactments, decrees, injunctions, writs and orders, decisions, directives, and agreements, authorizations or other restrictions of or enacted by any Governmental Authority, or any binding interpretation or administration of any of the foregoing. Hazardous Substances shall mean collectively, (a) any chemical, material or substance that is listed or regulated under applicable. Governmental Rules as a "hazardous" or "toxic" substance or waste, or as a "contaminant" or "pollutant" or words of similar import, (b) any petroleum or petroleum products, flammable materials, explosives, radioactive materials, asbestos, urea formaldehyde foam insulation, and transformers or other equipment that contain polychlorinated biphenyls and (c) any other chemical or other material or substance, exposure to which is prohibited, limited or regulated by any Governmental Rules, including but not limited to Environmental Laws. f'- Interconnection Facilities shall mean Vernon's Interconnection Facilities and MGS Owner's Interconnection Facilities. Collectively, Interconnection Facilities include all facilities and equipment between the Generating Facility and the Point of Interconnection, including any modification, additions or upgrades that are necessary to physically and electrically interconnect the Generating Facility to the Distribution System. Interconnection Service shall mean the service provided by Vernon associated with interconnecting MGS Owner's Generating Facility to the Distribution System and enabling it to receive electric energy and capacity from the Generating Facility at the Point of Interconnection, pursuant to the terms of this ITSA. ISO shall mean the California Independent System Operator Corporation, a state -chartered, not - for -profit corporation that controls certain transmission facilities of all Participating Transmission Owners (as defined in the ISO Tariff) and dispatches certain generating units and loads. ISO Grid shall mean the system of transmission lines and associated facilities of the parties of the, parties to the Transmission Control Agreement that have been placed under the ISO's Operational Control. ISO Tariff shall mean the California Independent System Operator Corporation Operating Agreement and Tariff, as filed with FERC, and as amended or supplemented from time to time, or any successor tariff. Laguna Bell shall mean the 230/66/16 kV substation owned by Southern. California Edison Company located at the intersection of Gage and Garfield Avenues in the City of Commerce, California. Laguna Bell Agreement shall mean that certain Laguna Bell — Vernon Interconnection Service Agreement, dated as September 16, 1997, by and between Southern California Edison Company and the City of Vernon, as may be amended or supplemented at any time. Lease Effective Date shall mean the Effective Date, as such term is defined in the Lease. 4 LA\1776718.10 Lease Termination Date shall mean the Termination Date, as such term is defined in the Lease. Loss shall mean any and all damages, losses, and claims, including claims and actions relating to injury to or death of any person or damage to property, demand; suits, recoveries, costs and expenses, court costs, attorney fees, and all other obligations by or to third parties. Metering Equipment shall mean all metering equipment installed or to be installed for measuring the output of the Generating Facility pursuant ;to -this ITSA at the metering' points, including but not limited to instrument transformers, MWh-meters, data acquisition equipment, transducers, remote' terminal unit, communications equipment, phone lines, and fiber optics. MGS Owner'sInterconnection Facilities shall mean all facilities and equipment, as identified in Appendix A of the ITSA, that are located between the Generating Facility and the Point of Change of Ownership, including any modification, addition, or upgrades to such facilities and equipment necessary to physically and electrically interconnect the Generating Facility to the Distribution System. MGS Owner's Interconnection Facilities are sole use facilities. NERC shall mean the North American Electric Reliability Council or its successor organization. NGP shall mean any limited partnership, limited liability company or other Person for which NGP Energy Capital Management or any other fund management company that is a successor.to, an Affiliate of, or under common control with NGP Energy Capital Management acts as investment manager. NGP Energy Capital Management shall mean NGP Energy Capital Management, L.L.C., a Texas limited liability company. Operational Control shall mean the rights of the ISO under the Transmission Control Agreement and the ISO Tariff to direct how the parties to the Transmission Control Agreement operate their transmission lines and facilities and other electric plant affecting the reliability of those lines and facilities for the purpose of affording comparable non-discriminatory transmission access and meeting applicable reliability criteria. Party or Parties shall mean Vernon and/or MGS Owner. Person shall mean an individual, partnership, joint venture, corporation, limited liability company, trust, association or unincorporated organization, or any Governmental Authority. Point of Change of Ownership shall mean the point between the high side of the transformer and Vernon's air -breaker, as set forth in Part A to this ITSA, where' MGS Owner's Interconnection Facilities connect to Vernon's Interconnection Facilities. Point of Interconnection shall mean the point, as set forth in Part A to this ITSA, where the Interconnection Facilities connect to the Distribution System. PPTA Termination Date shall mean the date on which the PPTA expires or terminates. PPT shall mean Pacific Standard Time or Pacific Daylight Time, whichever is in effect on the relevant date. Product(s) shall mean Energy and/or Ancillary Services. LA\1776718.10 5 Reasonable Efforts shall mean, with respect to an action required to be attempted or taken by a Party under this ITSA, efforts that are timely and consistent with Good Utility Practice and are otherwise substantially equivalent to those a Party would use to protect its own interests. Receiving Point shall mean the 220 kV bus at Southern California Edison Company's Laguna Bell substation. Station Power shall have the meaning set forth in the ISO Tariff. System Protection Facilities shall mean the equipment, including necessary protection signal communications equipment, that protects (1) the Distribution System and ISO Grid from faults or other electrical disturbances occurring at the Generating Facility and.(2) the Generating Facility from faults or other electrical system disturbances occurring on the ISO Grid and the Distribution System or on other delivery systems or other generating systems to which the Distribution System is directly connected. Transmission Control Agreement shall mean ISO FERC Electric Tariff No. 7. Vernon's Interconnection Facilities shall mean all facilities and equipment owned, controlled or operated by Vernon from the Point of Change of Ownership to the Point of Interconnection as identified in Part A to this ITSA, including any modifications, additions or upgrades to such facilities and equipment. Vernon's Interconnection Facilities are sole use facilities. ARTICLE 2. EFFECTIVE DATE, TERM AND TERMINATION 2.1 Effective Date. This ITSA shall become effective upon the Lease Effective Date. 2.2 Term of Agreement. Subject to the provisions of Article 2.3, this ITSA shall remain in effect during the term of the Lease, and shall terminate without any further notice upon the Lease Termination Date, or otherwise by mutual agreement of the Parties. 2.3 Termination Procedures. 2.3.1 Written Notice. This ITSA may be terminated by MGS Owner after giving Vernon ninety (90) Calendar Days advance written notice, or after the Generating Facility permanently ceases generating electricity, by Vernon after giving MGS Owner ninety (90) Calendar Days advance written notice. 2.3.2 Default. A Party may terminate this ITSA in accordance with Article 15. 2.4 Termination Costs. If this ITSA terminates pursuant to Article 2.3 above, MGS Owner shall pay all costs incurred or irrevocably committed to be incurred in association with MGS Owner's interconnection and other expenses as of the date of the other Parties' receipt of the notice of termination, subject to the limitations set forth in this Article 2.4. Nothing in this Article 2.4 shall limit the Parties' rights under Article 15. 2.4.1 Notwithstanding the foregoing, in the event of termination by a Party, all Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. LA\1776718.10 L 6 2.4.2 Vernon may, at its option, retain any portion of materials,equipment, or facilities that MGS Owner chooses not to accept delivery of, in which case Vernon shall be responsible for all costs associated with procuring such materials; equipment, or facilities. 2.4.3 MGS Owner shall be responsible for all costs associated with the removal, relocation or other disposition or retirement of materials, equipment, or facilities. 2.5 Disconnection. Upon termination of this ITSA, the Parties will take all appropriate steps to disconnect the Generating Facility from the Distribution System. All costs required to effectuate such disconnection shall be bome by the terminating Party, unless such termination resulted from the non -terminating Party's Default of this ITSA or such 'non -terminating Party otherwise is responsible for these costs under this ITSA. - 2.6 Survival. This ITSA shall continue in effect after termination to the extent necessary to provide for final billings and payments and for costs incurred hereunder, including billings and payments pursuant to this ITSA; to permit the determination and enforcement of liability and indemnification obligations arising from acts or events that occurred while this ITSA was in effect; and to permit each Party to have access to the lands of the other Parties pursuant to this ITSA or other applicable agreements, to disconnect, remove or salvage its own facilities and equipment. ARTICLE 3. SCOPE OF SERVICE 3.1 Interconnection Service. Vernon shall provide at the Point of Interconnection, Interconnection Service to enable MGS Owner to connect the Generating Facility to the Distribution System and be eligible to deliver the Generating Facility's output using the available capacity of the Distribution System' thereto. Interconnection Service does not necessarily provide MGS Owner with the capability to physically deliver the output of its Generating Facility to any particular load on the Distribution System or the ISO Grid without incurring congestion costs. In the event of transmission constraints on the Distribution System or the ISO Grid, MGS Owner's Generating Facility shall be subject to the applicable congestion management procedures with respect to the Distribution System or in the ISO Tariff in the same manner as all other resources. The MGS Owner shall be solely responsible for completing' all of the necessary arrangements required under the ISO Tariff to be eligible to schedule the output of its resource. 3.2 Commencement of Interconnection Service. Interconnection Service under this Agreement shall commence on the Effective Date, and shall continue throughout the term of this Agreement. 3.3 Performance Standards. ' Each Party shall perform all of its obligations under this ITSA in accordance with Applicable Laws and Regulations, Applicable Reliability Standards, and Good Utility Practice, and to the extent a Party is required or prevented or limited in taking any action by such regulations and standards, such Party shall not be deemed to be in Breach of this ITSA for its compliance therewith. 3.4 Transmission Service. After the PPTA Termination Date, Vernon shall, in accordance with Good Utility Practice, any ISO agreements and the Laguna. Bell Agreement, provide firm wholesale transmission services for Products as adjusted for losses, in accordance with Article 10.2, from the Generating Facility to the Receiving Point subject to the provisions of this ITSA at 7 LAU 776718.10 the rate specified in Article 3.4.1 (the "Rate"). Products shall be delivered to the Receiving Point at voltages to be agreed to by Vernon and MGS Owner. 3.4.1 Rate for Service. Vernon shall set the Rate to equal a reasonable approximation of Vernon's costs to transmit Products on behalf of MGS Owner to the Receiving Point. Vernon's first invoice to MGS Owner shall contain a statement setting forth in reasonable detail the basis for Vernon's calculation of .the Rate. From time to time, Vernon shall have the right, in its reasonable discretion, to revise the Rate. The first invoice sent to MGS Owner reflecting the revised Rate shall contain a statement setting forth in reasonable detail the basis for Vernon's calculation of the Rate. In the event that MGS Owner disputes Vernon's calculation of the Rate, MGS Owner shall resolve such dispute using the procedures set forth in Article 24. 3.4.2 Modification of Service. Vernon's obligation to provide MGS Owner with transmission services after the PPTA Termination Date as described in Article 3.4 is subordinate to and subject to Vernon's obligations to serve its own retail customers, its obligations to its firm wholesale and transmission customers under agreements entered into prior to the date of this ITSA, its obligations under any ISO agreements and its obligations under all Applicable Laws and Regulation and Applicable Reliability Standards, all as may be amended from time to time. Vernon shall have the right, in its sole discretion, to modify the level of service under agreements entered into prior to the date of this ITSA, provided that Vernon's ability to provide MGS Owner with the level of transmission services described in this ITSA is not reduced in any way. In addition, Vernon shall have the right in its sole discretion to take such actions, including curtailment of services to MGS Owner under this ITSA prior to the implementation of voltage reduction, or any other actions necessary to maintain reliable electric service in accordance with Vernon's operating policies and Good Utility Practice. In the event of such curtailment Vernon shall not beheld liable for any losses or damages that MGS Owner may incur as a result; provided such curtailment shall continue only for so long as it is reasonably necessary under Vernon's operating policies and Good Utility Practice. 3.4.3 Daily Schedules. The daily schedules of Products to be transmitted under this ITSA will be supplied by MGS Owner to Vernon scheduling personnel no later than 08:00 PPT for each hour of the time period commencing on the next Calendar Day and extending through and including the next Business Day ("Output Schedule"). 3.4.4 Output. MGS Owner shall make commercially reasonable efforts to match the Output Schedule provided to Vernon. If for any hour there is a difference between the actual output of the Generating Facility and the Output Schedule, MGS Owner will be responsible for making the appropriate adjustments in like hours within the next succeeding five (5) Calendar Days to balance the. output to compensate for any deficiencies or excesses which occurred in previous hours. If for any hour the actual output of the Generating Facility deviates from the scheduled output by greater than plus or minus two percent (2%), Vernon reserves the right to unilaterally adjust MGS Owner's schedule to accommodate such deviation. 3.5 Station Power. Prior to and including the PPTA Termination Date, Vernon shall provide Station Power to MGS Owner's Generating Facility at no additional cost. 3.6 MGS Owner. Provided Services. The services provided by MGS Owner under this ITSA are set forth in Article 7.4. LA\1776718.10 8 H ARTICLE 4. TESTING AND INSPECTION 4.1 Testing and Modifications. Each Party shall at its own expense perform routine inspection and testing of its facilities and equipment in accordance with Good Utility Practice as may be necessary to 'ensure the continued interconnection of the Generating Facility with the Distribution System in a safe and reliable manner. Each Party shall have the right, upon advance written notice, to require reasonable additional testing of the other Party's facilities, at the requesting Party's expense, as may be in accordance with Good Utility Practice. 4.2 Right to Observe Testing. Each Party shall notify the other Parties at least fourteen (14) days in advance of its performance of tests of its Interconnection Facilities or Generating Facility. The other Parties have the right, at their own expense, to observe such testing. 4.3 Right to Inspect. Each Party shall have the right, but shall have no obligation to: (i) observe another Party's tests and/or inspection of any of its System Protection Facilities and other protective equipment, including Power System Stabilizers; (ii) review the settings of another Party's System Protection Facilitiesand other protective equipment; and (iii) review another Party's maintenance records relative to the Interconnection Facilities, the System Protection Facilities and other protective equipment. A Party may exercise these rights from time to time as it deems necessary upon reasonable notice to the other Party. The exercise or non -exercise by a Party of any such rights shall not be construed as an endorsement or confirmation of any element or condition of the Interconnection "Facilities or the System Protection Facilities or other protective equipment or the operation thereof, or as a warranty as to the fitness, safety, desirability, or reliability of same. Any information that a Party obtains through the exercise of any of its rights under this Article 4.3 shall be deemed to be Confidential Information and treated pursuant to Article 19 of this ITSA. ARTICLE 5. METERING 5.1 General. Each Party shall comply with the Applicable Reliability Council requirements. MGS Owner shall comply with the provisions of the ISO Tariff regarding metering, including Section 10 and the Metering Protocol of the ISO Tariff. Unless otherwise agreed by the Parties, Vernon may install additional Metering Equipment at the Point of Interconnection prior to any operation of the Generating Facility by MGS Owner and shall own, operate, test and maintain such Metering Equipment. Power flows to and from the Generating Facility shall be measured at or, at Vernon's option for its respective Metering Equipment, compensated to, the Point of Interconnection. MGS Owner's access to meter data shall be provided in accordance with the ISO Tariff. MGS Owner shall bear all reasonable documented costs associated with the purchase, installation, operation, testing and maintenance of the Metering Equipment. 5.2 Check Meters. MGS Owner, at its option and expense, may install and operate, on its premises and on its side of the Point of Interconnection, one or more check meters to check the ISO -polled meters or Vernon's meters. Such check meters shall be for check purposes only and shall not be used for the measurement of power flows for purposes of this ITSA, except in the case that no other means are available on a temporary basis at the option of Vernon. The check meters shall be subject at all reasonable times to inspection and examination by Vernon or its designees. The installation, operation and maintenance thereof shall be performed entirely by MGS Owner in accordance with Good Utility Practice. 5.3 Vernon Retail Metering. Vernon may install retail revenue quality meters and associated equipment, pursuant to Vernon's applicable retail tariffs. LAU 776718.10 5.4 Products. The transmission of MGS Owner's Products by Vernon after the PPTA Termination Date pursuant. to the terms and conditions of this ITSA shall be measured by the Generating Facility's Metering Equipment and the ISO's metering equipment. 5.5 Adjustments. If a meter fails to register, or if the measurement made by a meter is found to be inaccurate, then an adjustment shall be made correcting all measurements made by the inaccurate or defective meter for (a) the actual period during which inaccurate measurements were made, if that period can be determined to the satisfaction of the parties; or (b):if the actual period cannot be determined to the mutual satisfaction of the parties, one-half of the period from the date of the last previous test of the meter. Any revisions to scheduled deliveries to MGS Owner necessitated by correcting adjustments shall be made as soon as possible but no later than the twenty-fifth (25th) day of the month following the month in which the failure or inaccuracy is identified. MGS Owner may elect to install its own Metering Equipment in addition to Vernon's Metering Equipment. Such metering equipment shall meet the requirements of the ISO. Should any Metering Equipment installed by Vernon fail to register during the term of this ITSA, the parties shall use MGS Owner's Metering Equipment, if ,installed, to determine the amount of the Products delivered to Vernon. On any Calendar 'Day in which, neither Vernon's nor MGS Owner's Metering Equipment is in service, the Products delivered shall be determined in such manner as the parties shall agree. ARTICLE 6. COMMUNICATIONS 6.1 MGS Owner Obligations. MGS Owner shall maintain satisfactory operating communications with Vernon's dispatcher or representative designated by Vernon. MGS Owner shall provide standard voice line, dedicated voice line and facsimile communications at its Generating Facility control room or central dispatch facility through use of either the public telephone system, or a voice communications system that does not rely on the public telephone system. MGS Owner shall also provide the dedicated data circuit(s) necessary to provide MGS Owner data to Vernon. The data circuit(s) shall extend from the Generating Facility to the location(s) specified by Vernon. Any required maintenance of such communications equipment shall be performed by MGS Owner. Operational communications shall be activated and maintained under, but not be limited to, the following events: system paralleling or separation, scheduled and unscheduled shutdowns, equipment clearances, and hourly and daily, load data. 6.2 Remote Terminal Unit. Prior to the Effective Date of the Generating facility, a Remote Terminal Unit, or equivalent data collection and transfer equipment acceptable to the Parties, shall be installed by MGS Owner, or by Vernon at MGS Owner's expense, to gather accumulated and instantaneous data to be telemetered to the location(s) designated by the ISO and by Vernon through use of a dedicated point-to-point data circuit(s) as indicated in Article 6.1. The communication protocol for the data circuits(s) shall be specified by Vernon. Instantaneous bi- directional real power and reactive power flow and any other required information must be telemetered directly to the location(s) specified by Vernon. Each Party will promptly advise the other Parties if it detects or otherwise learns of any metering, telemetry or communications equipment errors or malfunctions that require the attention and/or correction by another Party. The. Party owning such equipment shall correct such error or malfunction as soon as reasonably feasible. 6.3 No Annexation. Any and all equipment placed on the premises of a Party shall be and remain the property of the Party providing such equipment regardless of the mode and manner of annexation or attachment to real property, unless otherwise mutually agreed by the Parties. LA\1776718.10 H 10 ARTICLE 7. OPERATIONS 7.1 General. Each Party shall comply with the Applicable Reliability Council requirements. Each Party shall provide to the other Party all information that may reasonably be required by the other Party to comply with Applicable Laws and Regulations and Applicable Reliability Standards. 7.2 Vernon Obligations. Vernon shall cause its Distribution System to be operated and controlled in a safe and reliable manner and in accordance with this ITSA. Vernon at MGS Owner's expense shall cause Vernon's Interconnection Facilities to be operated, maintained and controlled in a safe and reliable manner and in accordance with this ITSA. Vernon may provide operating instructions to MGS Owner consistent with this ITSA and Vernon's operating protocols and procedures as they may change from time to time. Vernon will consider changes to its operating protocols and procedures proposed by MGS Owner. 7.3 MGS Owner Obligations. MGS Owner shall at its own expense operate, maintain and control the Generating Facility and MGS Owner's Interconnection Facilities in a safe and reliable manner and in accordance with this ITSA. MGS Owner shall operate the Generating Facility and MGS Owner's Interconnection Facilities in accordance with all applicable requirements of the ISO and Applicable Reliability Standards. 7.4 Reactive Power. 7.4.1 " Power Factor Criteria. MGS Owner's Generating Facility shall maintain a composite power delivery at continuous rated power output at the terminals of the Generating Facility at apower factor within the range of 0.95 leading to 0.90 lagging. 7.4.2 Voltage Schedules. Vernon shall require MGS Owner to maintain a voltage schedule by operating the Generating Facility to produce or absorb reactive power within the design limitations of the Generating Facility set forth in Article 7.4.1 (Power Factor Criteria). Vernon's voltage schedules shall treat all sources of reactive power in the Distribution System in an equitable and not unduly discriminatory manner. Vernon shall exercise Reasonable Effoi-ts to provide MGS Owner with such schedules at least one (1) day in advance,. and Vernon may make changes to such schedules as necessary to maintain the reliability of the Distribution System. MGS Owner shall operate the Generating Facility to maintain the specified output voltage or power factor within the design limitations of the Generating Facility set forth in Article 7.4.1 (Power Factor Criteria). If MGS Owner is unable to maintain the specified voltage or power factor, it shall promptly notify Vernon. 7.4.2.1 Governors and Regulators. Whenever the Generating Facility is operated in parallel with the Distribution System and the speed governors (if installed on the Generating Facility pursuant to Good Utility Practice) and voltage regulators are capable of operation, MGS Owner shall operate the Generating Facility with its speed governors and voltage regulators in automatic operation. If the Generating Facility's speed governors and voltage regulators are not capable of such automatic operation, MGS Owner shall immediately notify Vernon and ensure that the Generating Facility operates as specified in Article 7.4.2 through manual operation and that the Generating Facility's reactive power production or absorption (measured in MVARs) are within the design capability of the Generating Facility and steady state stability limits. MGS Owner shall restore the speed governors 11 LAU 776718.10 7.5 and voltage regulators to automatic operation as soon as possible. MGS Owner shall not cause its Generating Facility to disconnect automatically or instantaneously from the Distribution System or trip the Generating Facility for an under or over frequency condition unless the abnormal frequency condition persists for a time period beyond the limits set forth in ANSI/IEEE Standard C37.106. Outages and Interruptions. 7.5.1 Outages. 7.5.2 LA\1776718.10 7.5.1.1 Outage Authority and Coordination. Each Party may in accordance with Good Utility Practice in coordination with the other Parties remove from service any of its respective Interconnection Facilities that may impact another Party's facilities as necessary to perform maintenance or testing or to install or replace equipment. Absentan Emergency Condition, the Party scheduling a removal of such facility(ies) from service will use Reasonable Efforts to schedule such removal on a date and time mutually acceptable to all Parties. In all circumstances any Party planning to remove such facility(ies) from service shall use Reasonable Efforts to minimize the effect on the other Parties of such removal. 7.5.1.2 Outage Schedules. MGS Owner shall submit its planned maintenance schedules for the Generating Facility to Vernon for a minimum of a rolling twenty-four month .period. MGS Owner shall update its planned maintenance schedules as necessary. Vernon may request MGS Owner to reschedule its maintenance as necessary to maintain the reliability of. the Distribution System. Vernon shall compensate MGS Owner for any additional direct costs that MGS Owner incurs as a result of having to reschedule maintenance. MGS Owner will not be eligible to receive compensation, if during the twelve (42) months prior to the date of the scheduled maintenance, MGS Owner had modified its schedule of maintenance activities. Vernon shall have no obligation to pay MGS Owner any costs MGS Owner incurs as a result of being directed by the ISO to reschedule maintenance. 7.5.1.3 Outage Restoration. If an outage on a Party's Interconnection Facilities adversely affects another Party's operations or facilities, the Party that owns or controls the facility that is out of service shall use Reasonable Efforts to promptly restore such facility(ies) to a normal operating condition consistent with the nature of the outage. The Party that owns or controls the facility that is outof service shall provide the other Parties, to the extent such information is known, information on the nature of the Emergency Condition, :if the outage is caused by an Emergency Condition, an estimated time of restoration, and any corrective actions required. Initial verbal notice shall be followed up as soon as practicable with written notice explaining the nature of the outage, if requested by a Party, which may be provided by e- mail or facsimile. Interruption of Service. If required by Good Utility Practice to do so, Vernon may require MGS Owner to interrupt or reduce deliveries of electricity if such delivery of electricity could adversely affect Vernon's ability to perform such activities as are necessary to safely and reliably operate and maintain the Distribution System. The 12 following provisions shall apply to any interruption or reduction permitted under this Article 7.5.2: 7.5.2.1 ; The interruption or reduction shall continue only for so long as reasonably necessary under Good Utility Practice; 7.5.2.2 Any such interruption or reduction shall be made on an equitable, non- discriminatory basis with respect to all generating facilities directly connected to the Distribution System; 7.5.2.3 When the interruption or reduction must be made under circumstances which do not allow for advance notice, Vernon shall notify MGS Owner by telephone as soon as practicable of the reasons for the curtailment, interruption, or reduction, and, if known, its expected duration. Telephone notification shall be followed by written notification, if requested by MGS Owner, as soon as practicable; 7.5.2.4 Except during the existence of an Emergency Condition, Vernon shall notify MGS Owner in advance regarding the timing of such interruption or reduction and further notify MGS Owner of the expected duration. Vernon shall coordinate with MGS Owner using Good Utility Practice to schedule the interruption or reduction during periods of least impact to MGS Owner and Vernon; 7.5.2.5 The Parties shall cooperate and coordinate with each other to the extent necessary in order to restore the Generating Facility, Interconnection Facilities, and the Distribution System to their normal operating state, consistent with system conditions and Good Utility Practice. 7.5.3 Under -Frequency and Over Frequency Conditions. MGS Owner shall implement under -frequency and over -frequency protection set points for the Generating Facility as required by the Applicable Reliability Council to ensure "ride through" capability. Generating Facility response to frequency deviations of pre -determined magnitudes, both under -frequency and over -frequency deviations, shall be studied and coordinated with Vernon in accordance with Good Utility Practice. The term "ride through" as used herein shall mean the ability of a Generating Facility to stay connected to and synchronized with the Distribution System during system disturbances within a range of under -frequency and over -frequency conditions, in accordance with Good Utility Practice. 7.5.4 System Protection and Other Control Requirements. 7.5.4.1 System Protection Facilities. MGS Owner shall, at its expense, install, operate and maintain System Protection Facilities as a part of the Generating Facility or MGS Owner's Interconnection Facilities. Vernon shall install at MGS Owner's expense any System Protection Facilities that may be required on Vernon's Interconnection Facilities or the Distribution System as a result of the interconnection of the Generating Facility and MGS Owner's Interconnection Facilities. 7.5.4.2 Vernon's and MGS Owner's protection facilities shall be designed and coordinated with other systems in accordance with Applicable Reliability Council criteria and Good Utility Practice. 7.5.4.3 Vernon and MGS Owner shall each be responsible for protection of its facilities consistent with Good Utility Practice. 13 LAV 776718.10 7.5.5 7.5.4.4 Vernon's and MGS Owner's, protective relay design shall incorporate the necessary test switches to perform the tests required in Article 6. The required test switches will be placed. such that they allow operation of lockout relays while preventing breaker failure schemes from operating and causing unnecessary breaker operations and/or the tripping of MGS Owner's Generating Facility. 7.5.4.5 Vernon and MGS Owner will test, operate and maintain System Protection Facilities in accordance with Good Utility Practice. 7.5.4.6 Prior to the in-service date, Vernon and MGS Owner or their agents shall perform a complete calibration test and functional trip test of the System Protection Facilities. At intervals suggested by Good Utility Practice, the standards and procedures of Vernon, and following any apparent malfunction of the System Protection Facilities, each Party shall perform both calibration and functional trip tests of its System Protection Facilities. These tests do not require the tripping of any.in-service generation unit. These tests do, however, require that all protective relays and lockout contacts be activated. Requirements for Protection. In compliance with Good Utility Practice, MGS Owner shall provide, install, own, and maintain relays, circuit breakers and all other devices necessary to remove any fault contribution of the Generating Facility to any short circuit occurring on the Distribution System not otherwise isolated by Vernon's equipment, such that the removal of the fault contribution shall be coordinated with the protective requirements of the Distribution System. Such protective equipment shall include, without limitation, a disconnecting device with fault current -interrupting capability located between the Generating Facility and the Distribution System at a site selected upon mutual agreement (not to be unreasonably withheld, conditioned or delayed) of the Parties. MGS Owner shall be responsible for protection of the Generating Facility and MGS Owner's other equipment from such conditions as negative sequence currents, over- or under -frequency, sudden load rejection, over- or under -voltage, and generator loss -of -field. MGS Owner shall be solely responsible to disconnect the Generating Facility and MGS Owner's other equipment if conditions on the Distribution System could adversely affect the Generating Facility. 7.5.6 Power Quality. Neither Vernon's nor MGS Owner's facilities shall cause excessive voltage flicker nor introduce excessive distortion to the sinusoidal voltage or current waves as defined by ANSI Standard C84.1-1989, in accordance with IEEE Standard 519, any applicable superseding electric industry standard, or any alternative Applicable Reliability Council standard. In the event of a conflict between ANSI Standard C84.1- 1989, any applicable superseding electric industry standard, or any alternative Applicable Reliability Council standard, the alternative Applicable Reliability Council standard shall control. 7.6 Switching and Tagging Rules. Each Party shall provide the other Parties a copy of its switching and tagging rules that are applicable to the other Parties' activities. Such switching and tagging rules shall be developed on a non-discriminatory basis. The Parties shall comply with applicable switching and tagging rules, as amended from time to time, in obtaining clearances for work or for switching operations on equipment. k4 LA\ 1776718.10 14 7.7 Purpose of Interconnection, Facilities. Except as may be required by Applicable Laws and Regulations, or as otherwise agreed to among the Parties, the Interconnection Facilities shall be used for the sole purpose of interconnecting the Generating Facility to the Distribution System. 7.8 Disturbance Analysis Data Exchange. The Parties will cooperate with one another in the analysis of disturbances to either the Generating Facility or the Distribution System by gathering and providing access to any information relating to any disturbance, including information from oscillography, protective relay, targets, breaker operations and sequence of events records, and any disturbance information required by Good Utility Practice. ARTICLE 8. MAINTENANCE 8.1 Vernon Obligations. Vernon shall maintain the Distribution System and Vernon's Interconnection Facilities in a safe and reliable manner and in accordance with this ITSA. 8.2 MGS Owner Obligations. MGS Owner shall maintain the Generating Facility and MGS Owner's Interconnection Facilities in a safe and reliable manner and in accordance with this ITSA. 8.3 Coordination. The Parties shall confer regularly to coordinate the planning, scheduling and performance of preventive and corrective maintenance on the Generating Facility and the Interconnection Facilities. 8.4 Secondary Systems. The Parties shall cooperate in the inspection, maintenance, and testing of control or power circuits that operate below 600 volts, AC or DC, including, but not limited to, any hardware, control or protective devices, cables, conductors, electric raceways, secondary equipment panels, transducers, batteries, chargers, and voltage and current transformers that directly affect the operation of a Parry's facilities and equipment which may reasonably be expected to impact the other Parties. Each Party shall provide advance notice to the other Parties before undertaking any work on such circuits, especially on electrical circuits involving circuit breaker `trip and close contacts, current transformers, or potential transformers. 8.5 Operating and Maintenance Expenses. MGS Owner shall be responsible for all reasonable expenses including overheads, associated with: (1) owning, operating, maintaining, repairing, and replacing MGS Owner's Interconnection Facilities; and (2) operation, maintenance, repair and replacement of Vernon's Interconnection Facilities. ARTICLE 9. PERFORMANCE OBLIGATION 9.1 MGS Owner's Interconnection Facilities. MGS Owner shall own and/or' control MGS Owner's Interconnection Facilities described in Part A at its sole expense. 9.2 Vernon's Interconnection Facilities. Vernon shall own and/or control Vernon's Interconnection Facilities described in Part A at the sole expense of MGS Owner. ARTICLE 10. INVOICE 10.1 General. Each Party shall submit to the other Party, on a monthly basis, invoices of amounts due pursuant to this ITSA for the preceding month. Each invoice shall state the month to which the invoice applies and fully describe the services and equipment provided. The Parties may discharge mutual debts and payment obligations due and owing to each other on the same date 15 LAN 1776718.10 through netting, in which case all amounts a Party owes to the other Party under this ITSA, including interest payments or credits, shall be netted so that only the net amount remaining due shall be paid by the owing Party. 10.2 Losses. MGS Owner shall compensate Vernon for losses incurred by Vernon in its control area as a result of Vernon's provision of transmission services hereunder. The determination of such losses and the procedure for compensation thereof shall be determined by the Engineering Division of Vernon's Light & Power Department in accordance with Vernon's practices relating to other similar transactions and in accordance with Good Utility Practice. 10.3 Payment. Invoices shall be rendered to the paying Party at the address specified in Part B. The Party receiving the invoice shall pay the invoice within thirty (30) Calendar Days of receipt. All payments shall be made in immediately available funds payable to the other Party, or by wire transfer to a bank named and account designated by the invoicing Party. Payment of invoices by any Party will not constitute a waiver of any rights or claims any Party may have under this ITSA. 10.3.1 Nonpayment. Except as otherwise provided in Article 10.4, if any amount billed MGS Owner by Vernon remains unpaid for a period of sixty (60) days or more after the date due under this ITSA, Vernon shall have the right upon no less than thirty (30) days' prior written notice to MGS Owner to discontinue providing service to MGS Owner for nonpayment of bills and to refuse to resume provision of service so long as any part of the amount due, including interest, remains unpaid. 10.4 Disputes. In the event of a billing dispute between the Parties, Vernon shall continue to provide Interconnection Service under this ITSA as long as MGS Owner: (i) continues to make all payments not in dispute; and (ii) pays to Vernon or into an independent escrow account the portion of the invoice in dispute, pending resolution of such dispute. If MGS Owner fails to meet these two requirements for continuation of service, then Vernon may provide notice to MGS Owner of a Default pursuant to Article 15. Within thirty (30) Calendar Days after the resolution of the dispute, the Party that owes money to the other Party shall pay the amount due with interest calculated in accordance with the methodology set forth in FERC's Regulations at 18 C.F.R. § 35.19a(a)(2)(iii). ARTICLE 11. EMERGENCIES 11.1 Obligations. Each Party shall comply with the Emergency Condition procedures of the ISO, NERC, the Applicable Reliability Council, Applicable Laws and Regulations, and any emergency procedures set forth in this ITSA. 11.2 Notice. Vernon shall notify MGS Owner promptly when it becomes aware of an Emergency Condition that affects Vernon's Interconnection Facilities or the Distribution System that may reasonably be expected to affect MGS Owner's operation of the Generating Facility or MGS Owner's Interconnection Facilities. MGS Owner shall notify Vernon promptly when it becomes aware of an Emergency Condition that affects the Generating Facility or MGS Owner's Interconnection Facilities that may reasonably be expected to affect the Distribution System or Vernon's Interconnection Facilities. To the extent information is known, the notification shall describe the Emergency Condition, the extent of the damage or deficiency, the expected effect on the operation of MGS Owner's or Vernon's facilities and operations, its anticipated duration and the corrective action taken and/or to be taken. The initial notice shall be followed as soon as LA\1776718.10 16 practicable with written notice, if requested by a Party; which may be provided by electronic mail or facsimile. 11.3 Immediate Action. Unless, in MGS Owner's reasonable judgment, immediate action is required, MGS Owner shall obtain the consent of Vernon, such consent to not be unreasonably withheld, prior to performing any manual switching operations at the Generating Facility or MGS Owner's Interconnection Facilities in response to an Emergency Condition declared by Vernon or in response to any other emergency condition. 11.4 Vernon Authority. 11.4.1 General. Vernon may take whatever actions or inactions, including issuance of dispatch instructions,with regard to Vernon's Interconnection Facilities or Distribution System it deems necessary during an Emergency Condition' in order to (i) preserve public health and safety, (ii) preserve the reliability of Vernon's 'Interconnection Facilities or Distribution System, or MGS Owner's Generating Facility, and (iii) limit or prevent damage, and (iv) expedite restoration of service. Vernon shall use Reasonable Efforts to minimize the effect of such actions or inactions on the Generating Facility or MGS Owner's Interconnection Facilities. Vernon may, on the basis of technical considerations, require the Generating Facility to mitigate an Emergency Condition by taking actions necessary and limited in scope to remedy the Emergency Condition, including, but not limited to, directing MGS Owner to shut -down, start-up, increase or decrease the real or reactive power output of the Generating Facility; implementing a reduction or disconnection pursuant to Article 11.5.2; directing MGS Owner to assist with black start (if available) or restoration efforts; or altering the outage schedules of the Generating Facility and MGS Owner's Interconnection Facilities. MGS Owner shall comply with all of Vernon's operating instructions concerning Generating Facility real power and reactive power output within the manufacturer's design limitations of the Generating Facility's equipment that is in service and physically available for operation at the time, in compliance with Applicable Laws and Regulations. 11.4.2 Reduction and Disconnection. Vernon may reduce Interconnection Service or disconnect the Generating Facility or MGS Owner's Interconnection Facilities when such reduction or disconnection is necessary under Good Utility Practice due to Emergency Conditions. These rights are separate and distinct from any right of curtailment of the ISO pursuant to the ISO Tariff. When Vernon can schedule the reduction or disconnection in advance, Vernon shall notify MGS Owner of the reasons, timing and expected duration of the reduction or disconnection. Vernon shall coordinate with MGS Owner using Good Utility Practice to schedule the reduction or disconnection during periods of least impact to MGS Owner and Vernon. Any reduction or disconnection shall continue only for so long as reasonably necessary under Good Utility Practice. The Parties shall cooperate with each other to restore the Generating Facility, the Interconnection Facilities, and the Distribution System to their normal operating state as soon as practicable consistent with Good Utility Practice. 11.5 MGS Owner Authority. Consistent with Good Utility Practice and the ITSA, MGS Owner may take actions or inactions with regard to the Generating Facility or MGS Owner's Interconnection Facilities during an Emergency Condition in order to (i) preserve public health and safety, (ii) preserve the reliability of the Generating Facility or MGS Owner's Interconnection Facilities, (iii) limit or prevent damage, and (iv) expedite restoration of service. MGS Owner shall use LA\1776718.10 17 Reasonable Efforts to minimize the effect of such actions or inactions on the Distribution System and Vernon's Interconnection Facilities. Vernon shall use Reasonable Efforts to assist MGS Owner in such actions. 11.6 Limited Liability. Except as otherwise provided in Article 11.6. of this ITSA, no Party shall be liable to any other Party for any action it takes in responding to an Emergency Condition so long as such action is made in good faith and is consistent with Good Utility Practice. ARTICLE 12. REGULATORY _REQUIREMENTS AND GOVERNING LAW 12.1 Regulatory Requirements. Each Parry'sobligations under this ITSA shall be subject to its receipt of any required approval or certificate from one or more Governmental Authorities in the form and substance satisfactory to the applying Party, or the Party making any required filings with, or providing notice to, such Governmental Authorities, and the expiration of any time period associated therewith. Each Party shall in good faith seek and use its Reasonable Efforts to obtain such other approvals. 12.2 Governing Law. 12.2.1 The validity, interpretation and performance of this ITSA and each of its provisions shall be governed by the laws of the State of California, without regard to its conflicts of law principles. 12.2.2 This ITSA is subject to all Applicable Laws and Regulations. 12.2.3 Each Party expressly reserves the right to seek changes in, appeal, or otherwise contest any laws, orders, rules, or regulations of a Governmental Authority. ARTICLE 13. NOTICES 13.1General. Unless otherwise provided in this ITSA, any notice, demand or request required or permitted to be given by a Party to another and any instrument required or permitted to be tendered or delivered by a Party in writing to another shall be effective when delivered and may be so given, tendered or delivered, by recognized national courier, or by depositing the same with the United States Postal Service with postage prepaid, for delivery by certified or registered mail, addressed to the Party, or personally. delivered to the Party, at the, address set out in Part B, Addresses for Delivery of Notices and Billings. A Party must update the information in Part B as information changes. A Party may change the notice information in this ITSA by giving five (5) Business Days written notice prior to the effective date of the change. Such changes shall not constitute an amendment to this ITSA. 13.2 Billings and Payments. Billings and payments shall be sent to the addresses set out in Part B 13.3 Alternative Forms of Notice. Any notice or request required or permitted to be given by a Party to another, and not required by this ITSA to be given in writing may be so given by telephone, facsimile or e-mail to the telephone numbers and e-mail addresses set out in Part B. 13.4 Operations and Maintenance Notice. Each Party shall notify the other Parties in writing of the identity of the person(s) that it designates as the point(s) of contact with respect to the implementation of Articles 7 and 8. LA\1776718.10 18 ARTICLE 14. FORCE MAJEURE 14.1- Force Majeure. 14.1.1 Economic hardship is not considered a Force Majeure event. 14.1.2 No Party shall be considered to be in Default with respect to any obligation hereunder, (including obligations under Article 3), other than the obligation to pay money when due, if prevented from fulfilling such obligation by Force Majeure. A Party unable to fulfill any obligation hereunder (other than an obligation to pay money when due) by reason of Force Majeure shall give notice and the full particulars of such Force Majeure to the other Party in writing or by telephone as soon as reasonably possible after the occurrence of the cause relied upon. Telephone notices given pursuant to this Article shall be confirmed in writing as soon as reasonably possible and shall specifically state full particulars of the Force Majeure, the time and date when the Force Majeure occurred and when the Force Majeure is reasonably expected to cease. The Party affected shall exercise due diligence to remove such disability with reasonable dispatch, but shall not be required to accede or agree to any provision not satisfactory to it in order to settle and terminate a strike or other labor disturbance. ARTICLE 15. DEFAULT 15.1 Default 15.1.1 General. No Default shall exist where such failure to discharge an obligation (other than the payment of money) is the result of Force Majeure as defined in this ITSA or the result of an act or omission of the other Party. Upon a Breach, the affected non -Breaching Party(ies) shall give written notice of such Breach to the Breaching Party. Except as provided in Article 15.1.2, the Breaching Party shall have thirty (30) Calendar Days from receipt of the Default notice within which to cure such Breach; provided however, if such Breach is not capable of cure within thirty (30) Calendar Days, the Breaching Party shall commence such cure within thirty (30) Calendarbays after notice and continuously and diligently complete such cure within ninety (90) Calendar Days from receipt of the Default notice; and, if cured within such time, the Breach specified in such notice shall cease to exist. 15.1.2 Right to Terminate. If a Breach is not cured as provided in this Article, or if a Breach is not capable of being cured within the period provided for herein, the affected non - Breaching Party(ies) shall have the right to declare a Default and terminate this ITSA by Written notice at any until cure occurs, and be relieved of any further obligation hereunder and, whether or not such Party(ies) terminates this ITSA, to recover from the Breaching Party all amounts due hereunder, plus all other damages and remedies to which it is entitled at law or in equity. The provisions of this Article will survive termination of this ITSA. ARTICLE 16. INDEMNITY, CONSEQUENTIAL DAMAGES AND INSURANCE 16.1 Indemnity. Each Party shall at all times indemnify, defend, and hold the other Parties harmless from, any and all Losses arising out of or resulting from another Party's action or inactions of its obligations under this ITSA on behalf of the indemnifying Party, except in cases of gross negligence or intentional wrongdoing by the Indemnified Party. 19 LAU 776718.10 16.1.1 Indemnified Party. If an Indemnified Party is entitled to indemnification under this Article 16 as a result of a claim by a third party, and the Indemnifying Party fails, after notice and reasonable opportunity to proceed under Article 16.1, to assume the defense of such claim, such Indemnified Party may at the expense of the Indemnifying Party contest, settle or consent to the entry of any judgment with respect to, or pay in full, such claim. 16.1.2 Indemnifying Party. If an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this Article 16, the amount owing to the Indemnified Party shall be the amount of such Indemnified Party's actual Loss, net of any insurance or other recovery. 16.1.3 Indemnity Procedures. Promptly after receipt by an Indemnified Party of any claim or notice of the commencement of any action or administrative or legal proceeding or investigation as to which the indemnity provided for in Article 16.1 may apply, the Indemnified Party shall notify. the Indemnifying Party of such fact. Any failure of or delay in such notification shall not affect,a Party's indemnification obligation unless such failure or delay is materially prejudicial to the indemnifying Party. The Indemnifying Party shall have the right to assume the defense thereof with counsel designated by such Indemnifying Party and reasonably satisfactory to the Indemnified Party. If the defendants in any such ,action include one or more Indemnified Parties and the Indemnifying Party and if the Indemnified Party reasonably concludes that there may be legal defenses available to it and/or other Indemnified Parties which are different from or additional to those available to the Indemnifying Party,, the Indemnified Party shall have the right to select separate counsel to assert such legal defenses and to otherwise participate in the defense of such action on its own behalf. In such instances, the Indemnifying Party shall only be required to pay the fees and expenses of one additional attorney to represent an Indemnified Party or Indemnified Parties having such differing or _additional legal defenses. The Indemnified Party shall be entitled, at its expense, to participate in any such action, suit or proceeding, the defense of which has been assumed by the Indemnifying Party. Notwithstanding the foregoing, the Indemnifying Party (i) shall not be entitled to assume and control the defense of any such action, suit or proceedings if and to the extent that, in the opinion of the Indemnified Party and its counsel, such action, suit or proceeding involves the potential imposition of criminal liability on the Indemnified Party, or there exists a conflict or adversity of interest between the Indemnified Party and the Indemnifying Party, in such event the Indemnifying Party shall pay the reasonable expenses of the Indemnified Party, and (ii) shall not settle or consent to the entry of any judgment in any action, suitor proceeding without the consent of the Indemnified Party, which shall not be unreasonably withheld, conditioned or delayed. 16.2 Consequential Damages. In no event shall any Party be liable under any provision of this ITSA for any losses, damages, costs or expenses for any special, indirect, incidental, consequential, or punitive damages, including but not limited to loss of profit or revenue, loss of the use of equipment, cost of capital, cost of temporary equipment or services, whether based in whole or in part in contract, in tort, including negligence, strict liability, or any other theory of liability; provided, however, that damages for which a Party may be liable to another Party under another agreement will not be considered to be special, indirect, incidental, or consequential damages hereunder. LA\1776718.10 20 16.3 Insurance. MGS Owner shall procure at its own expense and maintain in full force and effect, with responsible insurance carriers authorized to do business in the State of California, insurance policies in at least the minimum amount, and in accordance with the terms and conditions, specified in the Lease. 16.3.1 The Parties agree to report to each other in writing as soon as practical all accidents or occurrences resulting in injuries to any person, including death, and any property damage arising out of this ITSA. ARTICLE 17. ASSIGNMENT 17.1 Assignment. 17.1.1 This Agreement is binding upon and inures to the benefit of the successors and assigns of the Parties. However, neither Party shall Assign this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that MGS Owner may Assign this Agreement to an Affiliate or to its financing sources for collateral purposes without the prior written consent of Vernon. Any such Assignment is conditioned on the assignee's agreement in writing to assume the assigning Party's duties and obligations under this Agreement. Any Assignment to an Affiliate effected in accordance with this Section 17.1 shall not relieve the assigning Party of its obligations and liabilities under this Agreement. For purposes of this Section 17.1, "Assign" or "Assignment" means any direct or indirect assignment, subcontracting or other transfer of this Agreement, including, with respect to MGS Owner, any change of control of MGS Owner; provided, however, that"Assign" or "Assignment" shall not include any transaction if after giving effect to such transaction NGP and/or Paul B. Prager directly or indirectly control the Facility 17.1.2 MGS Owner shall have the right to assign this ITSA to a lender as collateral for any debt financing or refinancing relating to the Facility. Vernon shall execute a consent to collateral assignment substantially in the form attached as Exhibit F-1 to the PSA ARTICLE 18. SEVERABILITY 18.1 Severability. If any provision in this ITSA is finally determined to be invalid, void or unenforceable by any court or other Governmental Authority having jurisdiction, such determination shall not invalidate, void or make unenforceable any other provision, agreement or covenant of this ITSA. ARTICLE 19. CONFIDENTIALITY 19.1 Confidentiality. Confidential Information shall include, without limitation, all information relating to a Party's technology, research and development, business affairs, and pricing, and any information supplied by any of the Parties to the other Parties prior to the execution of this ITSA. Information is Confidential Information only if it is clearly designated or marked in writing as confidential on the face of the document, or, if the information is conveyed orally or by inspection, if the Party providing the information orally informs the Parties receiving the information that the information is confidential. LA117 76718.10 21 If requested by any Party; the other Parties shall provide in writing, the basis for asserting that the information referred to in this Article 19 warrants confidential treatment, and the requesting Party .may disclose such writing to the appropriate Governmental Authority. Each Party shall be responsible for the costs associated with affording confidential treatment to its information. 19.1.1 Term. During the term of this ITSA, and for a period of three (3) years after the expiration or termination of this ITSA, except as otherwise provided in this Article 19, each Party shall hold in confidence and shall not disclose to any person Confidential Information. 19.1.2 Scope. Confidential Information shall not include information that the receiving Party can demonstrate: (1) ,is generally available to the ,public other than as a result of a disclosure by the receiving Party; (2) was in the lawful possession of the receiving Party on a non -confidential basis before receiving it from the disclosing Party; (3) was supplied to the receiving Party without restriction by a third party, who, to the knowledge of the receiving Party after due inquiry, was under no obligation to the disclosing Party to keep such information confidential; (4) was independently developed by the receiving Party without reference to Confidential Information of the disclosing Party; (5) is, or becomes, publicly known, through no wrongful act or omission of the receiving Party or Breach of this, ITSA; or (6) is required, in accordance with Article 19.1.7 of this ITSA, Order of Disclosure, to be disclosed by any Governmental Authority or is otherwise required to be disclosed by law or subpoena, or is necessary in any legal proceeding establishing rights and obligations under this ITSA. Information designated as Confidential Information will no longer be deemed confidential if the.Party that designated the information as confidential notifies the other Parties that it no longer is confidential. 19.1.3 Release of Confidential Information. No Party shall release or disclose Confidential Information to any other person, except to its employees, consultants, Affiliates, subcontractors, or to parties who may be or considering providing financing to or equity participation with MGS Owner, or to potential purchasers or assignees of MGS Owner, on a need -to -know basis in connection with this ,ITSA, unless such person has first been advised of the confidentiality provisions of this Article 19 and has agreed to comply with such provisions. Notwithstanding the foregoing, a Party providing Confidential Information to any person shall remain primarily responsible for any release of Confidential Information in contravention of this Article 19. 19.1.4 Rights. Each Party retains all rights, title, and interest in the Confidential Information that each Party discloses to the other Parties. The disclosure by each Party to the other Parties of Confidential Information shall not be deemed a waiver by a Party or any other person or entity of the right to protect the Confidential Information from public disclosure. 19.1.5 No Warranties. The mere fact that a Party has provided Confidential Information does not constitute a warranty or representation as to its accuracy or completeness. In n addition, by supplying Confidential Information, no Party obligates itself to provide any particular information or Confidential Information to the other Parties nor to enter into any further agreements or proceed with any other relationship or joint venture. 19.1.6 Standardof Care. Each Party shall use at least the same standard of care to protect Confidential Information it receives as it uses to protect its own Confidential Information from unauthorized disclosure, publication or dissemination. Each Party may use LA\ 1776718.10 13 22 Confidential Information solely to fulfill its obligations to the other Parties under this ITSA or its regulatory requirements. 19.1.7 Order of Disclosure. If a court or a Government Authority or entity with the right, power, and apparent authority to do so requests or requires any Party, by subpoena, oral deposition, interrogatories, requests for production of documents, administrative order, or otherwise, to disclose Confidential Information, that Party shall provide the other Parties with prompt notice of such request(s) or requirement(s) so that the other Parties may seek an appropriate protective order or waive compliance with the terms of this ITSA. Notwithstanding the absence of a protective order or waiver, the Party may disclose such Confidential Information which, in the opinion of its counsel, the Party is legally compelled to disclose. Each Party will use Reasonable Efforts to obtain reliable assurance that confidential treatment will be accorded any Confidential Information so furnished: 19.1.8 Termination of Agreement. Upon termination of this ITSA for any reason, each Party shall, within ten (10) Calendar Days of receipt of a written request from another Party, use Reasonable Efforts to destroy, erase, or delete (with such destruction, erasure, and deletion certified in writing to the other Party) or return to the other Party, without retaining copies thereof, any and all written or electronic Confidential Information received from the other Party. 19.1.9 Remedies. The Parties agree that monetary damages would be inadequate to compensate a Party for another Parry's Breach of its obligations under this Article 19. Each Party accordingly agrees that the other Parties shall be entitled to equitable relief, by way of injunction or otherwise, if the first Party Breaches or threatens to Breach its obligations under this Article 19, _which equitable` relief shall be granted without bond or proof of damages, and the receiving Party shall not plead in defense that there would be an adequate remedy at law. Such remedy shall not be deemed an exclusive remedy for the Breach of this Article 19, but shall be in addition to all other remedies available at law or in equity. The Parties further acknowledge and agree that the covenants contained herein are necessary for the protection of legitimate business interests and are reasonable in scope. No Party, however, shall be liable for indirect, incidental, or consequential or punitive damages of any nature or kind resulting from or arising in connection with this Article 19. 19.1.10 Disclosure to Governmental Authority, its Staff, or a State. Notwithstanding anything in this Article 19 to the contrary, during the course of an investigation or otherwise, requests information from one of the Parties that is otherwise required to be maintained in confidence pursuant to this ITSA, the Party shall provide the requested information to the requesting Governmental Authority or its staff, within the time provided for in the request for information. In providing the information to such Governmental Authority or its staff, the Party must request that the information be treated as confidential and non-public by such Governmental Authority and its staff and that the information be withheld from public disclosure. Parties are prohibited from notifying the other Parties to this ITSA prior to the release of the Confidential Information to such Governmental Authority or its staff. The Party shall notify the other Parties to the ITSA when it is notified by such Governmental Authority or its staff that a request to release Confidential Information has been received by such Governmental Authority, at which time any of the Parties may respond before such information would be made public. LA\1776718.10 23 19.1.11 Subject to the .exception in Article-19.1.10, Confidential Information shall not be disclosed by the other Parties to any person not employed or retained by the other Parties, except to the extent disclosure is (i) required by .law; (ii) reasonably deemed by the disclosing Party to be required to be disclosed in connection with a dispute between or among the Parties, or the defense of litigation or dispute; (iii) otherwise permitted by consent of the other Parties, such consent not to be unreasonably withheld; or (iv) necessary to fulfill its obligations under this ITSA or as a transmission service provider, including disclosing the Confidential Information town RTO or ISO or to a regional or national reliability organization. The Party asserting confidentiality shall notify the other Parties in writing of the information it claims is confidential. Prior to any disclosures of another Party's Confidential Information under this subparagraph, or if any third party or Governmental Authority makes any request or demandfor any of the information described in this subparagraph, the disclosing Party agrees to promptly notify the other Party in writing and agrees to assert confidentiality and cooperate with the other Party in seeking to protect the Confidential Information from public disclosure by confidentiality agreement, protective order or other reasonable measures. ARTICLE 20. ENVIRONMENTAL RELEASES 20.1 Each Party shall notify the other Parties, first orally and then in writing, of the release of any Hazardous Substances, or any type of remediation activities related to the Generating Facility or the Interconnection Facilities, each of.which may reasonably be expected to affect materially the other Parties. The notifying Party shall: (i) provide the notice as soon as practicable, provided such Party makes a good faith effort to provide the notice no later than twenty-four hours after such Party becomes aware of the occurrence; and (ii) promptly furnish to the other Parties copies of any publicly available reports filed with any Governmental Authorities addressing such events. ARTICLE 21. INFORMATION REQUIREMENTS 21.1 Information Acquisition. The Parties shall submit specific information regarding the electrical characteristics of their respective facilities to each other as described below and in accordance with Applicable Reliability Standards. - 21.2 Information Submission by Vernon. The initial information submission by Vernon shall include the Distribution System information necessary to allow MGS Owner to select equipment and meet any system protection and stability requirements, unless otherwise agreed to by the Parties. 21.3 Information Supplementation. MGS Owner shall provide Vernon any information changes due to equipment replacement, repair, or adjustment. Vernon shall provide MGS Owner any information changes due to equipment replacement, repair or adjustment in the directly connected substation or any adjacent Vernon -owned substation that may affect MGS Owner's Interconnection Facilities equipment ratings, protection or operating requirements. LA\1776718.10 24 ARTICLE 22. INFORMATION ACCESS AND AUDIT RIGHTS 22.1 Information Access. Each Party (the "Disclosing Party") shall make available to the other Party information that is in the possession of the Disclosing Party and is necessary in order for the other Party to: (i) verify the costs incurred by the Disclosing Party for which the other Party is responsible under this ITSA; and (ii) carry out its obligations and responsibilities under this ITSA. The.Parties shall not use such information for purposes other than those set forth in this Article 22.1 and to enforce their rights under this ITSA. 22.2 Reporting of Non -Force Majeure Events. Each Party (the "Notifying Party") shall notify the other Parties when the Notifying Party becomes aware of its inability to comply with the provisions of this ITSA for a reason other than a Force Majeure event. The Parties agree to cooperate with each other and provide necessary information regarding such inability to comply, including the date, duration, reason for the inability to comply, and corrective actions taken or planned to be taken with respect to such inability to comply. Notwithstanding the foregoing, notification, cooperation or information provided under this Article shall not entitle the Party receiving such notification to allege a cause for anticipatory breach of this ITSA. 22.3 Audit Rights. Subject to the requirements of confidentiality under Article 19 of this ITSA, the Parties' audit rights shall include audits of the other Parry's costs, calculation of invoiced amounts, Vernon's efforts to allocate responsibility for interruption or reduction of generation on the Distribution System, and each such Party's actions in an Emergency Condition. 22.3.1 The Parties shall each have the right, during normal business hours, and upon prior reasonable notice to the other Party, to audit at its own expense the other Party's accounts and records pertaining to either such Party's performance or either such Parry's satisfaction of obligations owed to the other Party under this ITSA. Any audit authorized by this Article shall be performed at the offices where such accounts and records are maintained and shall be limited to those portions of such accounts and records that relate to each such Party's performance and satisfaction of obligations under this ITSA.. Each such Party shall keep such accounts and records for a period equivalent to the audit rights periods'described in Article 22.4. 22.4 Audit Rights Periods. Accounts and recordsrelated to a Party's performance or satisfaction of all obligations under this ITSA shall be subject to audit as follows: (i) for an audit relating to cost obligations, the applicable audit rights period shall be twenty-four months after the auditing Party's receipt of an invoice giving rise to such cost obligations; and (ii) for an audit relating to all other obligations, the applicable audit rights period shall be twenty-four months after the event for which the audit is sought. 22.5 Audit Results. If an audit by MGS Owner or Vernon determines that an overpayment or an underpayment has occurred with respect to the other Party, a notice of such overpayment or underpayment shall be given to the other Party together with those records from the audit which support such determination. The Party that is owed payment shall render an invoice to the other Party and such invoice shall be paid pursuant to Article 10 hereof. ARTICLE 23. SUBCONTRACTORS 23.1 General. Nothing in this ITSA shall prevent a Party from utilizing the services of any subcontractor as it deems appropriate to perform its obligations under this ITSA; provided, however, that each Party shall require its subcontractors to comply with all applicable terms and 25 LA\1776718.10 conditions of this ITSA in providing such services and each Party shall remain primarily liable to the other Party for the performance of such subcontractor. 23.2 Responsibility of Principal. The creation of any subcontract relationship shall not relieve the hiring Party of any of its obligations under this ITSA. The hiring Party shall be fully responsible to the other Party for the acts or omissions of any subcontractor the hiring Tarty hires as if no subcontract had been made. Any applicable obligation imposed by this ITSA upon the hiring Party, shall be equally binding upon, and shall be construed as having application to, any subcontractor of such Party. 23.3 No Limitation by Insurance. The obligations under this Article 23 will not be limited in any way by any limitation of subcontractor's insurance. ARTICLE 24. DISPUTES 24.1 Submission. In the event either Party has a dispute, or asserts a claim, that arises out of or in connection with this ITSA or its performance, such Party shall provide the other Party with written notice of the .dispute or claim ("Notice of Dispute'). .Such dispute or claim shall be referred to.a designated senior representative of each Party for resolution on an informal basis as promptly as practicable after receipt of the Notice of Dispute bythe other Party. In the event the designated representatives are unable to resolve the claim or dispute through unassisted or assisted negotiations within thirty (30) Calendar Days of the other Party's receipt of the Notice of Dispute, such claim or dispute may, upon mutual agreement of the Parties, be submitted to arbitration and resolved in accordance with the arbitration procedures set forth below. In the event the Parties do not agree to submit such claim or dispute to arbitration, each Party may exercise whatever rights and remedies it may have in equity or at law consistent with the terms of this ITSA. 24.2 External Arbitration Procedures. Either Party may initiate binding arbitration with respect to a Dispute by making a written demand for binding arbitration before Judicial Arbitration and Mediation Services, Inc., its successor, or any other mutually agreeable arbitrator. If the Parties fail to agree upon a single arbitrator within ten (10) Calendar Days of the submission of the dispute to arbitration, each Party shall choose one arbitrator who shall sit on a three -member arbitration panel. The two arbitrators so chosen shall within twenty (20) Calendar Days select a third arbitrator to chair the arbitration panel., In either case, the arbitrators shall be knowledgeable in electric utility matters, including electric transmission and bulk power issues, and shall not have any current or past substantial business or financial relationships with any party to the arbitration (except prior arbitration). The arbitrator(s) shall provide each of the Parties an opportunity to be heard and, except as otherwise provided herein, shall conduct the arbitration in accordance .with the Commercial Arbitration Rules of the American Arbitration Association ("Arbitration Rules"); provided, however, in the event of a conflict between the Arbitration Rules and the terms of this Article 24, the terms of this Article 24 shall prevail. 24.3 Arbitration Decisions. Unless otherwise agreed by the Parties, the arbitrator(s) shall render a decision within ninety (90) Calendar Days of appointment and shall notify the Parties in writing of such decision and the reasons therefor. The arbitrators) shall be authorized only to interpret and apply the provisions of this; ITSA and shall have no power to modify or change any provision of this Agreement in any manner. The decision of the arbitrator(s) shall be final and binding upon the Parties, and judgment on the award may be entered in any court having jurisdiction. The decision of the arbitrator(s) may be appealed solely on the grounds that the conduct of the LAU 776718.10 26 arbitrator(s), or the decision itself, violated the standards set forth in the Federal Arbitration Act or the Administrative Dispute Resolution Act. 24.4Costs. Each Party shall be responsible for its own costs incurred during the arbitration process and for the following costs, if applicable: (1) the cost of the arbitrator chosen by the Party to sit on the three member panel and one half of the cost of the third arbitrator chosen; or (2) one half the cost of the single arbitrator jointly chosen by the Parties. ARTICLE 25. REPRESENTATIONS, WARRANTIES AND COVENANTS 25.1 General. Each Party makes the following representations, warranties and covenants: 25.1.1 Good Standing. Such Party is duly organized, validly existing and in good standing under the laws of the state in which it is organized, formed, or incorporated, as applicable; that it is qualified to do business in the state or states in which the Generating Facility, Interconnection Facilities owned by such Party, as applicable, are located; and that it has the corporate power and authority to own its properties, to carry on its business as now being conducted and to enter into this ITSA and carry out the transactions contemplated hereby and perform and carry out all covenants and obligations on its part to be performed under and pursuant to this ITSA. 25.1.2 Authority. Such Party has the right, power and authority to enter into this ITSA, to become a Party hereto and to perform its obligations hereunder. This ITSA is a legal, valid and binding obligation of such Party, enforceable against such Party in accordance with its terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws affecting creditors' rights generally and by general equitable principles (regardless of whether enforceability is sought in a proceeding in equity or at law). 25.1.3 No 'Conflict. The execution, delivery and performance of this ITSA does not violate or conflict with the organizational' or formation documents, or bylaws or operating agreement; of such Party, or any judgment, license, material permit, order, material agreement or instrument applicable to or binding upon such Party or any of its assets. 25.1.4 Consent and Approval. Such Party has sought or obtained, or, in accordance with this ITSA will seek or obtain, each consent, approval; authorization, order, or acceptance by any Governmental Authority in connection with the execution, delivery and performance of this ITSA, and it will provide to any Governmental Authority notice of any actions under this ITSA that are required by Applicable Laws and Regulations. ARTICLE 26. MISCELLANEOUS 26.1 Binding Effect. This ITSA and the rights and obligations hereof, shall be binding upon and shall inure to the benefit of the successors and assigns of the Parties hereto. 26.2 Conflicts. In the event of a conflict between the body of this ITSA and any attachment; appendices or exhibits hereto, the terms and provisions of the body of this ITSA shall prevail and be deemed the final intent of the Parties. 26.3 Rules of Interpretation. This ITSA, unless a clear contrary intention appears, shall be construed and interpreted as follows: (I) the singular number includes the plural number and vice versa; (2) 27 LA\1776718.10 reference to any person includes such person's successors and assigns but, in the case of a Party, only if such successors and assigns are permitted by this ITSA, and reference to a person in a particular capacity excludes such person in any other capacity or individually; (3) reference to any agreement (including this ITSA), document, instrument or tariff means such agreement, document, instrument, or tariff as amended or modified and in effect from time to time in accordance with the terms thereof and, if applicable, the terms hereof; (4) reference to any Applicable Laws and Regulations means such Applicable Laws and Regulations as amended, modified, codified, or reenacted, in whole or in part, and in effect from time to time, including, if applicable, rules and regulations promulgated thereunder; (5) unless expressly stated otherwise, reference to any Article, Section or Appendix means such Article of this ITSA or such, Appendix to this ITSA; (6) "hereunder", "hereof', "herein", "hereto" and words of similar import shall be. deemed references to this ITSA as a whole and not to any particular Article or other provision hereof or thereof; (7) "including" (and with correlative meaning "include") means including without limiting the generality of any description preceding such term; and (8) relative to the determination of any period of time, "from" means "from and including", "to" means "to but excluding" and "through" means "through and including". 26.4 Entire Agreement. This ITSA, including all Appendices and Schedules attached hereto, constitutes the entire agreement among the Parties with reference to the subject matter hereof, and supersedes all prior and contemporaneous understandings or agreements, oral or written, between or among the Parties with respect to the subject matter of this ITSA. There are no other agreements, representations, warranties, or covenants which constitute any part of the consideration for, or any condition to, any Party's compliance with its obligations under this ITSA. 26.5 No Third Party Beneficiaries. This ITSA is not intended to and does not create rights, remedies, or benefits of any character whatsoever in favor of any persons, corporations, associations, or entities other than the Parties, and the obligations herein assumed are solely for the use and benefit of the Parties, their successors in interest and, where permitted, their assigns. 26.6 Waiver. The failure of a Party to this ITSA to insist, on any occasion, upon strict performance of any provision of this ITSA will not be considered a waiver of any obligation, right, or duty of, or imposed upon, such Party. Any waiver at any time by either Party of its rights with respect to this ITSA shall not be deemed a continuing waiver or a waiver with respect to any other failure to comply with any other obligation, right, duty of this ITSA. Termination or Default of this ITSA for any reason by MGS Owner shall not constitute a waiver of MGS Owner's legal rights to obtain an interconnection from Vernon. Any waiver of this ITSA shall, if requested, be provided in writing. 26.7 Headings. The descriptive headings of the various Articles of this ITSA have been inserted for convenience of reference only and are of no significance in the interpretation or construction of this ITSA. 26.8 Multiple Counterparts. This ITSA may be executed in two or more counterparts, each of which is deemed an original but all constitute one and the same instrument. 26.9 Amendment. The Parties may by mutual agreement amend this ITSA by a written instrument duly executed by all of the Parties. Such amendment shall become effective and a part of this ITSA upon satisfaction of all Applicable Laws and Regulations. 28 LA\1776718.10 26.10 Modification by the Parties. The Parties may by mutual agreement amend the Appendices to this ITSA by a written instrument duly executed by all of the Parties. Such amendment shall become effective and a part of this ITSA upon satisfaction of all Applicable Laws and Regulations. 26.11 No Partnership. This ITSA shall not be interpreted or construed to create an association, joint venture, agency relationship, or partnership among the Parties or to impose any partnership obligation or partnership liability upon any Party. No Party shall have any right, power or authority to enter into any agreement or undertaking for, or act on behalf of, or to act as or be an agent or representative of, or to otherwise bind, another Party. 26.12 Joint and Several Obligations. Except as otherwise provided in this ITSA, the obligations of Vernon and MGS'Owner are several, and are neither joint nor joint and several. LA\ 1776718.10 29 IN WITNESS WHEREOF, the Parties have executed this ITSA in multiple originals, each of which shall constitute and be an original effective agreement among the Parties. T ORNIA) MALBURG LLC Name: Paul Pr(per Title: President Date: CITY OF VERNON Name: Eric T. Fresch Title: City Administrator Date: [Signature Page to Interconnection and Transmission Services Agreement — Bicent (California) Malburg LLC] i IN WITNESS WHEREOF, the Parties have executed this ITSA in multiple originals, each of which shall constitute and be an original effective agreement among the Parties. BICENT (CALIFORNIA) MA.LBURG LLC Name: Paul Prager Title: President Date: CITY OF VERNON (�Z- �—� Name: Eric T. Fresch Title: City Administrator Date: [Signature Page to Interconnection and Transmission Services Agreement— Bicent (California) Malburg LLC] The execution of this Interconnection and Transmission Services Agreement by the City of Vernon is hereby affirmed and attested to by: CITY OF VERNON By: Name: Manuela Giron Title: City Clerk [Attestation to Interconnection and Transmission Services Agreement — Bicent (California) Malburg LLC] Appendices to ITSA Part A Interconnection Facilities PartB Addresses for Delivery of Notices and Billings LA11776718.10 Part A to ITSA Interconnection Facilities LA\1776718.10 Part B to ITSA Addresses for Delivery of Notices and Billings Notices: Vernon: 4305 Santa Fe Avenue Vernon, CA 90058 Facsimile: (323) 826-1438 Attn: Director of Light & Power Department With a copy to: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Facsimile: (323) 826- 438 Attn: City Attorney and Latham & Watkins LLP 633 West Fifth Street, Suite 4000 Los Angeles, CA 90071-2007 Attn: David B. Rogers, Esq: Fax No: (213) 891-8763 MGS Owner: Bicent (California) Power LLC Attn: President 103 North Washington Street Easton, MD 21601 Facsimile: 410-770-9705 With copies to: Chadbourne and Parke LLP Attn: Robert Shapiro 1200 New Hampshire Avenue, NW Washington, DC 20036 Facsimile: 202-974-6 770 LA\ 1776718.10 Billings and Payments: Vernon: 4395 Santa Fe Avenue Vernon, CA 90058 Facsimile: (323) 826-1438 Attn: Financial Director MGS Owner: Bicent (California) Power LLC Attn: President 103 North Washington Street Easton, MD 21601 Facsimile: 410-770-9705 Alternative Forms of Delivery of Notices (telephone, facsimile or e-mail): Vernon: 4395 Santa Fe Avenue Vernon, CA 90058 Facsimile: (323) 826-1438 Attn: Electric Resources Planning & Development Manager MGS Owner: Bicent (California) Power LLC Attn: President 103 North Washington Street Easton, MD 21601 Facsimile: 410-770-9705 LA\1776718.10 EXECUTION VERSION BILL OF SALE This BILL OF SALE (this "Bill of Sale") is made as of April 10, 2008, by the City of Vernon, a municipal corporation and a chartered city duly organized and existing under and by virtue of the Constitution and laws of the State of California ("Seller"), for the benefit of Bicent (California) Malburg LLC, a Delaware limited liability company ("Purchaser"). RECITALS A. Pursuant to that certain Amended and Restated Purchase and Sale Agreement, dated as of December 13, 2007, as amended by that certain First Amendment to Amended and Restated Purchase Agreement, by and between Seller, Purchaser, Bicent (California) Power LLC, a Delaware limited liability company, and Bicent (California) I400ver LLC, a Delaware limited liability company (collectively, the "Purchase and Sale Agreement"), Seller has agreed to sell, assign, convey, transfer and deliver all of its right, title and interest in and to the Assets to Purchaser, and Purchaser has agreed to purchase, assume and acquire the Assets from Seller. B. Pursuant to Section 2.6(a)(1) of the Purchase and Sale Agreement, Seller is entering into this Bill of Sale for purpose of selling, assigning, transferring and conveying the Assets to the Purchaser. NOW THEREFORE, in consideration of the premises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, do hereby covenant and agree as follows: 1. Defined Terms. Unless the context hereof shall otherwise require, capitalized terms used in this Bill of Sale, including those in the recitals hereto, and not otherwise defined Herein, shall have the respective meanings as defined in the Purchase and Sale Agreement. 2. Sale and Assignment. Effective as of 11:59 p.m., Los Angeles time, on the date hereof (the "Effective Time"), Seller, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby grant, sell, assign, convey, transfer and deliver to Purchaser all of Seller's right, title and interest in and to the Assets, pursuant to the terms and conditions set forth in the Purchase Agreement. 3. Title. Seller does hereby warrant and covenant that (i) it is the true and lawful owner of the Assets and has good right to sell the Assets, and that except for Permitted Encumbrances, title to the Assets is on the date of execution hereof free and clear of all Liens of any nature and (ii) good, record and marketable title to the Assets is hereby conveyed to Purchaser free and clear of all Liens of any nature, except for any existing Permitted Encumbrances. 4. Warranty. Except as otherwise set forth in the Purchase and Sale Agreement: 1 LAU 842354.4 11 j (a) it is understood and agreed that Seller sells and transfers and Purchaser acquires and accepts the Transferred Items on an "as is" and "where is" basis; (b) Purchaser, by its acceptance of this Bill of Sale, acknowledges and agrees that, except as expressly set forth in the Purchase and Sale Agreement, Seller has not made and will not make, nor shall Seller be deemed to have made, any warranty or representation of any kind, express or implied, with respect to any of the Assets, including any warranty or representation as to their fitness for any use or purpose, design or condition for any particular use or purpose, as to the quality of the material or workmanship therein, latent or patent, or as to value, compliance with legal requirements, insurance requirements, specifications, location, use, condition, merchantability, quality, description; durability or operation, it being agreed that all risks incident to all of these matters are to be borne by the Purchaser; and (c) in the event of any defect or deficiency in any of the Assets of any nature, whether patent or latent, Seller shall not have any responsibility or liability with respect thereto or for any incidental, consequential or other damages (including strict liability in tort). The provisions of this paragraph 4 have been negotiated, and except as otherwise set forth in the Purchase and Sale Agreement, the foregoing provisions are intended to be a complete exclusion and negation of any representations or warranties by Seller, express or implied, with respect to any of the Assets arising pursuant to the Uniform Commercial Code as adopted by the State of California or any other law or regulation now or hereafter in effect or otherwise. 5. Binding Effect; Assignment. This Bill of Sale and all of the provisions hereof shall be binding upon Seller and its respective successors and assigns and shall inure to the benefit of Purchaser and its successors and assigns. 6. Further Action. Seller covenants and agrees that it will, from time to time, execute and deliver such further instruments of conveyance and transfer as may be reasonably required to implement and effectuate the sale set forth in the Purchase and Sale Agreement. T Effectiveness. This Assignment shall become effective as of the Effective Time. 8. No Third Party Beneficiary. Nothing in this Bill of Sale is intended to confer upon any other person except Purchaser any rights or remedies hereunder or shall create any third party beneficiary rights in any person. 9. Governing Law. This Bill of Sale shall be governed by and construed in accordance with the laws of the State of California (regardless of the laws that might otherwise govern under applicable principles of conflicts of law). 10. Construction. This Bill of Sale is delivered pursuant to and is subject to the terms of the Purchase and Sale Agreement. The terms of the Purchase Agreement, including but not limited to Seller's representations, warranties, covenants, agreements and indemnities 2 LAU 842354.4 relating to the Assets, are incorporated herein by this reference. Seller acknowledges and agrees that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or ambiguity between the terms of the Purchase and Sale Agreement and the terms of this Bill of Sale, the terms of the Purchase and Sale Agreement shall control. I I . Severability. If one or more of the provisions of this Bill of Sale shall be deemed invalid, illegal or unenforceable in any respect, such provisions shall be deemed to be severed from this Bill of Sale, and the validity, legality and enforceability of the remaining provisions contained herein shall not be affected or impaired in any way thereby. 12. Counterparts. This Bill of Sale may be executed in any number of counterparts, all such counterparts together constituting but one and the same instrument. [Remainder of Page Intentionally Left Blank] 3 LAX] 842354.4 IN WITNESS WHEREOF, the parties hereto, by their duly authorized officers, have executed and delivered this Bill of Sale as of the day and year first above set forth. CITY OF VERNON By:� Name: Eric T. Fresch Title: City Administrator ACCEPTED AND AGREED TO THIS DAY OF , 2008 - BICENT (CALIFORNIA) MALBURG LLC By: Name: Paul Prager Title: President (Signature Page to Bill of Sale — Bicent (California) Malburg LLC] IN WITNESS WHEREOF, the parties hereto, by their duly authorized officers, have executed and delivered this Bill of Sale as of the day and year first above set forth. CITY OF VERNON By: Name: Eric T. Fresch Title: City Administrator ACCEPTED AND AGREED TO THIS 10% DAY OF �ri , 2008 BICENT (CALIF RNIA)MALBURG LLC By: Name: Paul P r Title: President [Signature Page to Bill of Sale — Bicent (California) Malburg LLC] The execution of this Bill of Sale by the City of Vernon is hereby affirmed and attested to by: CITY. OF VERNON By: Name Manuela Giron Title: City Clerk [Attestation to Bill of Sale— Bicent (California) Malburg LLC] FIRST AMERICAN TITLE INSURANCE COMPANY NATIONAL COMMERCIAL SERVICES LOSANGELES OFFICE RECORDING REQUESTED BY CITY OF VERNON AND WHEN RECORDED MAIL TO AND MAIL TAX STATEMENTS TO: Bicent (California) Malburg LLC 103 North Washington Street Easton, MD 21601 Attn: President NIGS-22285"1 -LA2 (Above Space for Recorder's Use Only) Recording Fee: Exempt Pursuant to California Government Code Section 27383 GRANT DEED The Undersigned grantor declares that the documentary transfer tax is shown on the accompanying statement and is not for public record. FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, City of Vernon, a municipal corporation and a chartered city duly organized_ and existing under and by virtue of the Constitution and laws of the State of California (the "Grantor"), hereby grants to Bicent (California) Malburg LLC, a Delaware limited liability company (the "Grantee"), all of Grantor's right, title and interest in and to the fixtures and improvements (the "Prouertx') located on the real property ("Land") described in Exhibit "A" attached hereto and incorporated herein by this reference, but expressly excluding the Land. Said grant is made subject to all covenants, conditions, restrictions, easements, encumbrances, circumstances and other matters of record that currently exist and affect the Property and/or the Land, and Grantee's reconveyance obligations as set .forth in that certain Lease and Grant of Easements dated April A, 2008 by and between Grantor, as Landlord, and Grantee, as Tenant. 1.A%1778118.4 Execution Version M IN WITNESS WHEREOF, this Grant Deed shall be effective as of April 8, 2008. GRANTOR: CITY OF VERNON, a municipal corporation and a chartered city duly organized and existing under and by virtue of the Constitution and laws of the State of California By:_.. �Q Name: Eric T. Fresch Title: City Administrator [Signature Page to Grant Deed Bicent (California) Malburg LLCI S-2 STATE OF CALIFORNIA ) ss. COUNTY OF I a s •A U CIe S ) On 4VIZ,'L- '7 , 2008, before me, JGd,T-A 4. Le/IA' n,-rQ,'y A,b%C- , personally appeared 7- Fet:IH who proved to me on the basis of satisfactory evidence to be the personal whose name() is/arm subscribed to the within instrument and acknowIedged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/hWtheir signatureM on the instrument the person(, or the entity upon behalf of which the person(l) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. hlolary Public [SEAL] JUDftH A. LEHR Commluton W 1646385 "Ory Public - Ca7RorNa Los Angeles Canty �V Cortnt. b�ket Fsb 19, 2D1 [Notary Page to Grant Deed — Bicent (California) Malburg LLC] l The execution of this Grant Deer[ by the City of Vemon is hereby affirmed and attested to by: CITY OF VERNON By: Name: Manuela Giron Title: City Clerk [Attestation to Grant Deed — Bicent (Galifomia) Malbwg LLC} LAU7781 [s.a A PORTION OF LOT 7, TRACT NUMBER 6452 IN THE CITY OF VERNON. COUNTY OF LOS ANGELES, STATE OF CALIFORNIA. AS PER MAP RECORDED 1N BOOK 94 PAGES 77 AND 78 OF MAPS, RECORDS OF SAID COUNTY, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST.NORTHERLY CORNER OF SAID LOT 7, SAID CORNER ALSO BEING THE BEGINNING OF A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 367.83 FEET, A RADIAL LINE PASSING THROUGH SAID CORNER BEAR SOUTH 58'03'33 WEST: THENCE SOUTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 59'37'38" AN ARC DISTANCE OF 382.79 FEET; THENCE NORTH 88*25*55" EAST 323.79 FEET ALONG THE NORTHERLY LINE OF SAID LOT 7 TO A POINT ON THE SOUTHERLY LINE OF 'A PORTION DEEDED FOR THE WIDENING OF THE LOS ANGELES JUNCTION RAILROAD RIGHT-OF-WAY AS SHOWN ON LOS ANGELES COUNTY FIELD MAP NUMBER 10287 PAGE A3, RECORDS OF SAID COUNT, SAID POINT ALSO BEING THE BEGINNING OF A CURVE CONCAVE SOUTHERLY HAVING A RADIUS OF 906.21 FEET; THENCE EASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 445'51" AN ARC DISTANCE OF 75.35 FEET TO THE BEGINNING OF A COMPOUND CURVE HAVING A RADIUS OF 294.44 FEET; THENCE EASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 13'28'39" AN ARC DISTANCE OF 69.26 FEET TO A POINT ON THE EASTERLY LINE OF A PORTION DEEDED FOR THE WIDENING OF SOTO STREET .AS SHOWN ON SAID LOS ANGELES COUNTY FIELD MAP; THENCE SOUTH 1'37'37" EAST 186.27 FEET ALONG SAID EASTERLY LINE; THENCE SOUTH 88'10'26" WEST 33.20 FEET; THENCE NORTH 01'49'34" WEST 6.00 FEET; THENCE SOUTH 88*10*26" WEST 6.00 FEET. THENCE SOUTH 01'49'34" EAST 6.00 FEET; THENCE SOUTH 88'ID'26" WEST 439.07 FEET; THENCE NORTH 01'27.:'57" WEST 115.24 FEET; THENCE SOUTH 89'1O17" WEST 193.60 FEET; THENCE NORTH 02'51'27" WEST 42.65 FEET; THENCE NORTH 87*47*00" EAST 11.55 FEET; THENCE THENCE NORTH 01'54'17" WEST 24.22 FEET; THENCE SOUTH 87'28'16" WEST 10.26 FEET; THENCE NORTH 01'06'15" WEST 13.30 FEET; THENCE SOUTH 88'4B'42" WEST 81.59 FEET; THENCE SOUTH 01'26'34" EAST 79.61 FEET; THENCE SOUTH 89'10'17" WEST 37.82 FEET TO A POINT ON THE WESTERLY LINE OF SAID LOT 7; THENCE NORTH 00,09'03" WEST 267.99 FEET ALONG SAID WESTERLY LINE TO THE POINT OF BEGINNING. CONTAINING 3.10 ACRES MORE OR LESS. AS SHOWN ON EXHIBIT "B", ATTACHED HERETO AND BY THIS REFERENCE MADE APART HEREOF. DAVID T. ROSELL P.L.S. 6281 EXP. 9/30/08 DAVID T. ' ROSELL. Ems. 9-30-W No. 6281 i DOCUMENTARY TRANSFER TALC DECLARATION Assessor's Parcel Number: 6308-002-900 In accordance with Section 11932 and 11933 of the California Revenue and Taxation Code, the Grantor requests that this Documentary Transfer Tax Declaration not be recorded with the attached Grant Deed, but be affixed to the Grant Deed after recordation and before the Grant Deed is returned as directed on the Grant Deed. The attached Grant Deed names The City of Vernon, a municipal corporation and a chartered city duly organized and existing under and by virtue of the Constitution and laws of the State of California, as Grantor, and Bicent (California) California Malburg LLC, a Delaware limited liability company, as Grantee. The property subject to this Grant Deed is located in the City of Vernon, County of Los Angeles. The total amount of documentary transfer tax due on the Grant Deed is $ 31 Sr %1$: & D , which represents $ 3[! , 0 K & a , County tax and $0.00 City tax, computed on the full value of the property conveyed. 1-A11844934.2 FIRST AMERICAN TITLE INSURANCE COMPANY .i / 5em.s. tir; EXECUTION VERSION Assignment and Assumption Agreement This ASSIGNMENT AND ASSUMPTION AGREEMENT (this "Assi ng ment"), is made as of April 10, 2008 (the "Effective Date"), by and between the City of Vernon, a municipal corporation and a chartered city duly organized and existing under and by virtue of the Constitution and laws of the State of California ("Assignor" ), and Bicent (California) Malburg LLC, a Delaware limited liability company ("Assignee"). WITNESSETH: WHEREAS, the .parties have entered into that certain Amended and Restated Purchase and Sale Agreement, dated as of December 13, 2007, as amended by that certain First Amendment to Amended and Restated Purchase Agreement, dated as of February 8, 2008, by and among Assignor, Assignee, Bicent (California) Power LLC, a Delaware limited liability company, and Bicent (California) Hoover LLC, a Delaware limited liability company (collectively, the "Purchase and Sale Agreement"), WHEREAS, pursuant to Section 2.1(g) and Section 2.6(a)(2) of the Purchase and Sale Agreement, Assignor desires to assign and transfer to Assignee, and Assignee desires to assume and accept, all of Assignor's rights and duties under the Assigned Agreements and all of Assignor's obligations under the Assigned Agreements arising or occurring after the Closing Date. NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, do hereby covenant and agree as follows: 1. Definitions. Capitalized terms used herein and not otherwise defined herein shall have the meanings given to them in the Purchase and Sale Agreement. 2. Assignment._ Effective as of 11:00 a.m., Los Angeles time, on the date hereof (the "Effective Time"), Assignor hereby irrevocably assigns and transfers to Assignee all of its right, title and interest in, to and under, and all of its duties, liabilities and obligations under or, pursuant to, the Assigned Agreements, except for any liabilities under the Assigned Agreements resulting from Assignor's breach or failure to perform its obligations under the Assigned, Agreements on or prior to the Closing Date, which liabilities are retained by and remain the responsibility of Assignor (the "Retained Liabilities"). 3. Assumption. Assignee shall assume and accept all of Assignor's right, title and interest in, to and under, and all of Assignor's duties, liabilities and obligations under or pursuant to, the Assigned Agreements on the Closing Date, except for the Retained Liabilities, and agrees to perform under and be bound by the terms of the Assigned Agreements. For the LA\l 842389.4 EXECUTION VERSION avoidance of doubt, Assignee assumes no Excluded Liabilities, and the parties hereto agree that all such Excluded Liabilities shall remain the sole responsibility of the Assignor. 4. Non -Interference. Each of Assignor and Assignee agrees that the assignment and assumption of the assigned rights and responsibilities hereunder is irrevocable and that neither party shall take any action or make any other assignment or direction which could prejudice the .other's rights hereunder, and that any such action or assignment shall be void. 5. Representations and Warranties. Assignor hereby represents and warrants to Assignee that neither its execution, delivery or performance of this Agreement, nor the consummation by it of the transactions contemplated hereby will (a) require any consent, agreement or acknowledgement of any Person that has not been obtained, (b) require any Governmental Approval that it has not obtained, or (c) violate any Governmental Rules applicable to Assignor. 6. Effectiveness. This Assignment shall become effective as of the Effective Time. 7. Further Assurances. Each of the parties will, from time to time and at all times hereafter, at its own expense, upon every reasonable request to do so by another party " hereto, promptly make, do, execute and deliver, or cause to be made, done, executed and delivered, all such further acts, deeds, assurances and things as may be, legally required or reasonably necessary in order to further implement and carry out the assignments and assumptions contemplated by this Assignment. 8.1 - Successors and Assigns. The provisions of this Assignment are binding upon, and will inure to the benefit of, the successors and assigns of Assignor and Assignee, respectively. 9. Governing Law. The validity, interpretation and effect of this Assignment shall be governed by and will be construed in accordance with the laws of the State of California applicable to contracts made and performed in such State and without regard to conflicts of law doctrines except to the extent that certain matters are preempted by Federal law or are governed by'the law of the jurisdiction of organization of the respective parties. 10. Severability. If one or more of the provisions of this Assignment shall be deemed invalid, illegal or unenforceable in any respect, such provisions shallbe deemed to be severed from this Assignment, and the validity, legality and enforceability of the remaining provisions contained herein shall not be affected or impaired in any way thereby. 11. Construction. This Assignment is delivered pursuant to and is subject to the terms of the Purchase and Sale Agreement. The terms of the Purchase and Sale Agreement, including but not limited to Assignor's representations, warranties, covenants, agreements and indemnities relating to the Assumed Liabilities, are incorporated herein by this reference. Assignor acknowledges and agrees that the representations, warranties, covenants, agreements 2 LA\1842389.4 EXECUTION VERSION and indemnities contained in the Purchase and Sale Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or ambiguity between the terms of the Purchase and Sale Agreement and the terms of this Assignment, the terms of the Purchase and Sale Agreement shall control. 12. Counterparts. This Assignment may be executed in any number of counterparts, all such counterparts together constituting but one and the same instrument. [Remainder of Page Intentionally Left Blank] i LA\ 1842389.4 IN WITNESS WHEREOF, the parties hereto, by their duly authorized officers, have executed and delivered this Assignment as of the day and year first above set forth. CITY OF VERNON By: ` Name: Eric T. Fresch Title: City Administrator BICENT (CALIFORNIA) MALBURG LLC By: Name: Paul Prager Title: President [Signature Page to Assignment and Assumption Agreement — Bicent (California) Malburg LLC] IN WITNESS WHEREOF, the parties hereto, by their duly authorized officers, have executed and delivered this Assignment as of the day and year first above set forth. CITY OF VERNON By: Name: Eric T. Fresch Title: City Administrator BICENT (CALI A) MALBURG LLC By: N Name: Paul Prager Title: President [Signature Page to Assignment and Assumption Agreement — Bicent (California) Malburg LLCI The execution of this Assignment and Assumption Agreement by the City of Vernon is hereby affirmed and attested to by: CITY OF VFRNON By:. Na. Manuela Giron Title: City Clerk [Attestation to Assignment and Assumption Agreement — Bicent (California) Malburg LLC] _ l J _ - _ _. _ / 4305 Santa Fe Avenue, Vernon, California 90058 Telephone (323) 583-8811 April 10, 2008 To The Parties Listed On Schedule A Hereto Re Transaction for Certain Power Assets Ladies and Gentlemen: Pursuant to Section 2.6(a)(18) of that certain Amended and Restated Purchase and Sale Agreement dated Dccember 13, 2007, a3 amended by that certain First Amendment to Amended and Restated Purchase and Sale Agreement dated February 8, 2008 and as amended by that certain Second Amendment to Amended and Restated Purchase and Sale Agreement dated April-8, 2008 (collectively the "PSA") by and among the City of Vernon, California, a municipal corporation and chartered city duly organized and existing under and by virtue of the Constitution and laws of the state of California (the "City"), Bicent (California) Malburg LLC, a Delaware limited liability company, Bicent '(California) Hoover LLC, a Delaware limited liability company and Bicent (California) Power LLC, a Delaware limited liability company, I hereby advise you as of the date hereof that I am of the following opinions. Capitalized terms used herein and not otherwise defined shall have the meaning set forth in the PSA. A. The City is duly organized and validly existing as a chartered city under the Constitution and laws of the State of California and its Charter. To The Parties Listed on Schedule A Hereto April 10, 2008 Page 2 B. The members of the Council of the City (the "City Council") are duly invested in office with full power and authority under the City's Charter to act on behalf of the City. C. The City has the full legal right, power and authority to enter into and perform its obligations under the PSA, the PPTA, the Assignment and Assumption Agreement, the CFD (Hoover), the Interconnection and Transmission Services Agreement, the Lease; the Subordination Agreement, the Lender Consents, the Seller Subordinate Deed of Trust and the Memorandum of Lease and Easements (together, the "Agreements"). D. The Agreements constitute valid and binding obligations of the City, enforceable against the City in accordance with their respective terms.Each of the Agreements has been duly executed and delivered by the City. E. The City Council has duly and validly adopted Resolution 9510 authorizing the transaction contemplated by the Agreements at meetings of the City Council that were called and held pursuant to law and the City's Charter and with all public notice required and at which a quorum was present and acting throughout, and Resolution 9510 is now in full force and effect, and has not been amended. F. There is no investigation, action, suit or proceeding pending against, or to the best of my knowledge after reasonable inquiry, threatened against, or affecting ,the City or any of its properties before any arbitrator or any federal, state or local governmental agency or body or any federal, state or local court (i) in which, there is a reasonable possibility of an adverse decision which would materially affect the ability of the City to perform its obligations under any of the Agreements; or (ii) questions the legality, validity or enforceability of any of the Agreements or any of the transactions contemplated thereby. G. All action necessary for the authorization, execution, delivery of the Agreements by the City and the performance of by the City of the obligations to be performed by the To The Parties Listed on Schedule A Hereto April 10, 2008 Page 3 City as of the date hereof under the Agreements has been taken on the part of the City. This letter is furnished only to you and is solely for your benefit in connection with the transactions contemplated by the Agreements. This letter may not be relied upon by you for any other purpose, or furnished to, assigned to, quoted to or relied upon by any other person, firm or entity for any purpose, without my prior written consent, which may be granted or withheld in my sole discretion. Respectfu,ly submitted, J . Ha rison C#,A Attorney JH:jl Schedule A Bicent (California) Power LLC; Bicent (California) Malburg LLC; Bicent (California) Hoover LLC; Union Bank of California, N.A., as Administrative Agent, Syndication Agent, Collateral Agent, Depositary Agent and Securities Intermediary; The Lenders under that certain Credit Agreement dated as of April 10, 2008 among Bicent (California) Power LLC, as borrower, Bicent (California) Malburg LLC and Bicent (California) Hoover LLC, as subsidiary guarantors; The several Lenders from time to time parties thereto; And Union Bank of California, N.A., as sole lead arranger, sole bookrunner, administrative agent, syndication agent and collateral agent