Text

Declaration of David C. Landers in Support of Debtors Motion for Order Approving Amendment to Termination Agreement Between East Bay Municipal Utility District & Pacific Gas & Electric Co
	ML030550588
Person / Time
Site:	Diablo Canyon
Issue date:	01/27/2003
From:	Landes D; Howard, Rice, Nemerovski, Canady, Falk & Rabkin, Pacific Gas & Electric Co
To:	; Office of Nuclear Reactor Regulation, US Federal Judiciary, Bankruptcy Court, Northern District of California
References
	01-30923 DM, 94-0742640
	Download: ML030550588 (63)
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9 10 11 12 HWmA 13 RICE cARY 14 SKABMI "15 16 In re PACIFIC GAS AND ELECTRIC COMPANY, a California corporation, Debtor.

Federal I.D. No. 94-0742640 Case No. 01 30923 DM Chapter 11 Case Date:

March 14, 2003 Time:

1:30 p.m.

Place:

235 Pine Street, 22nd Floor San Francisco, California DECLARATION OF DAVID C. LANDES IN SUPPORT OF DEBTOR' S MOTION FOR ORDER APPROVING AMENDMENT TO THE TERMINATION AGREEMENT BETWEEN EAST BAY MUNICIPAL UTILITY DISTRICT AND PACIFIC GAS AND ELECTRIC COMPANY I David C. Landes, declare as follows:

1. I am a Senior Power Contract Specialist in the Utility Electric Portfolio Management department at Pacific Gas & Electric Company, a position I have held since 2000. I make this Declaration based upon my personal knowledge of PG&E's Termination Agreement with East Bay Municipal Utility District ("EBMUD") and upon my review of PG&E's records concerning the matters stated herein. If called as a witness, I could and would testify competently to the facts stated herein.

DECLARATION OF DAVID C. LANDES ISO MOTION FOR ORDER RE TERMINATION AGREEMENT WDO012303/1-4 I99O5/pzl~/lp Ie

-f JAMES L. LOPES (No. 63678)

WILLIAM J. LAFFERTY (No. 120814)

HOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKIN A Professional Corporation Three Embarcadero Center, 7th Floor San Francisco, California 94111-4065 Telephone:

415/434-1600 Facsimile:

415/217-5910 Attorneys for Debtor and Debtor in Possession PACIFIC GAS AND ELECTRIC COMPANY UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION 17 18 19 20 21 22 23 24 25 26 27 28

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2. PG&E and EBMUD entered into a Revised Contract for Purchase of Electric 2

Power on or about February 10, 1981 ("1981 Contract"), which was amended by the First 3

Amendment thereto, executed on or about December 4, 1986 ("1986 Amendment"). The 4

1981 Contract and 1986 Amendment, together with any other amendment thereto are known 5

as the Power Purchase Contract ("Power Purchase Contract" or "PPC").1 6

3. After various disagreements as to the interpretation of the PPC and the 7

respective rights and obligations of PG&E and EBMUD thereunder, the Parties decided to 8

terminate their agreement. On or about October 13, 1999, the Parties entered into a 9

termination agreement (the "Termination Agreement"). A true and correct copy of the 10 Termination Agreement is attached hereto as Exhibit A.

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4. Pursuant to the Termination Agreement, EBMUD agreed to make monthly 12 payments to PG&E until' 2008 (the "Royalty Payments"). The Termination Agreement HOWARD 13 specified that the Royalty Payments were to be calculated based on the market price for gICE NE/MS*ZDSK!

c,,N 14 power set by the*PX, according to a detailed formula termed the base payment (the "Base "15 Payment").

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5. In its definition of PX, the Termination Agreement provided that in the event 17 the California Power Exchange ceased operations, the term would then refer to "its 18 successor. If there is no single successor, then that market for California electricity that 19 most closely approximates the PX dfiring the last full calendar year period that the PX 20 operated." Termination Agreement at 1.5.

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6. In April, 2000, the California Public Utilities Commission (the "CPUC")

22 approved the Termination Agreement.

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7. The PX ceased operations as of January, 2001. Since that time, the Parties 24 have not been able to agree on which entity or market fits the definition of the Termination 25 Agreement. The Parties have discussed the proper replacement of the PX price and the 26 potential alternative of a lump-sum buyout by EBMUD but have been unable to agree on 27

'The Power Purchase Contract is not attached but will be made available to the Court 28 upon request.

DECLARATION OF DAVID C. LANDES ISO MOTION FOR ORDER RE TERMINATION AGREEMENT WD 012303/1-1419905/pzl/1048376/v2 1

either.

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8. Since January, 2001, EBMIUD has made regular payments to PG&E based on 3

different formulas, including payments based on the temporary fixed price approved for 4

payment to Qualified Facilities in CPUC Decision 01-06-015 and an average of the energy 5

price and weighted average cost of energy and capacity contained in the proposed bilateral 6

power purchase agreement between Electric Generation LLC and Reorganized PG&E that is 7

part of PG&E's Plan of Reorganization.

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9. In an effort to resolve their disagreement, the Parties have negotiated an 9

amendment to the Termination Agreement (the "New Amendment") that eliminates 10 confusion by replacing the calculation of the Base Payment. In lieu of a formula dependent 11 on the PX or other market price, the New Amendment provides that the Royalty Payments 12 shall be based on EBMUD's actual sales revenues. New Amendment § 1. A true and HuN~

13 correct copy of the New Amendment is attached hereto as Exhibit B.

KIC-E cA 14

10. The New Amendment als6 provides that no earlier than June.30, 2004, upon "A

- 15 30 days notice, either Party may elect to return to the Base Payment formula set forth in the 16 Termination Agreement using a "PX Substitute",for the remaining term. New Amendment § 17 3.a. The term "PX Substitute" is defined in the New Amendment, along with an amended 18 definition of PX. New Amendment §§ 3.b, 3.c.

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11. The New Amendment also institutes certain protective measures for both 20 PG&E and EBMUD, including audit rights. New Amendment § 2.b. Furthermore, the

"-21 Parties have each agreed to waive and release any and all claims they may have against one 22 another related to the Termination Agreement to the date the New Amendment was made.

23 New Amendment § 4.

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12. PG&E believes that the terms of the New Amendment are fair, equitable and 25 in the best interests of the estate.

26 27 28 DECLARATION OF DAVID C. LANDES ISO MOTION FOR ORDER RE TERMINATION AGREEMENT WD 012303/1-1419905/pzl/1048376/v2 1

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&KABKIN 15 16 17 18 19 20 21 22 23 24 25 26 27 28 I declare under penalty of perjury under the laws of the United States of America that the foregoing is true and correct. Executed this 27th of January, 2003 at San Francisco, California.

David C. Landes DECLARATION OF DAVID C. LANDES ISO MOTION FOR ORDER RE TERMINATION AGREEMENT WD 012303/1-1419905/pzl/1048376/v2 PACIFIC..GAS AND-ELECTRIC COMPANY EXHIBIT I TERMINATION AGREEMENT Exhibit-I-I EXHIBITAI I

8 TERMINATION AGREEMENT THIS AGREEMENT is by and between East Bay Municipal Utility District ("District").

a California municipal utility district, and PACIFIC GAS AND ELECTRIC ("PG&E"), a California corporation. District and PG&E are sometimes referred to herein individually as "Party" and collectively as the "Parties".

RECITALS A.

District and PG&E are parties to a Revised Contract for Purchase of Electric Power made February 10, 1981 (" 1981 Contract"), which was amended by the First Amendment thereto, executed as of December 4, 1986 ("1986 Amendment"). The 1981 Contract and 1986 Amendment together with any other amendment thereto are hereinafter collectively referred to as "Power Purchase Contract" or "PPC."

B.

Various disagreements have arisen between the Parties as to the interpretation of the PPC and the respective rights and obligations of the Parties thereunder.

C.

The Parties wish to resolve the disagreements that have arisen between them concerning the PPC.

D.

Contemporaneously with the execution of this Termination Agreement the Parties have executed a Bridging Agreement related to the PPC, and expect to execute a generation special facilities agreement and a generator interconnection agreement with respect to Pardee Powerhouse and Camanche Powerhouse.

AGREEMENT THEREFORE, in consideration of the mutual promises and obligations stated herein, the Parties intending to be legally bound, agree as follows:

Exhibit-1-2 SF: 27019685.7

- I.

A k

1.

DEFINITIONS Whenever used in this Termination Agreement, the following terms shall have the following meanings:

1.1 CPUC: California Public Utilities Commission.

1.2 District

East Bay Municipal Utility District, a California municipal utility district and its successors. It shall also apply to assigns and subsequent owners or lessees of the Project.

1.3 ISO: California Independent System Operator or, if the ISO ceases operation, then its successor.

1.4 Proiect

Pardee Powerplant, including three turbine generators of approximately 10 MW each located at Pardee Dam and step-up transformers and associated equipment and Camanche Powerplant consisting of three turbine generators of approximately 4 MW each located at Camanche Dam and step-up transformers and associated equipment.

1.5 PX: California Power Exchange or, if the PX ceases operation, then its successor.

If there is no single successor, then that market for California electricity that most closely approximates the PX during the last full calendar year period that the PX operated.

1.6 Reliability Must Run: A status given to electric generating units by the ISO.

Reliability Must Run units owners enter into a contract with the ISO which provides for payments in addition to market payments to the plaints for following dispatch instructions from the ISO.

1.7 Schedul;ng Coordinator: An entity certified by the ISO for the purposes of undertaking the functions specified in Section 2.2.6 of the ISO Tariff.

2.

TERMINATION OF PPC Upon full satisfaction of Paragraph 6, the PPC shall terminate effective 2400 hours0.0278 days 0.667 hours 0.00397 weeks 9.132e-4 months on April 30, 2000, unless this Termination Agreement is terminated pursuant to Paragraph 9 prior to April 30,2000. Unless the PPC terminates in accordance with this Termination Agreement, the PPC shall remain in full force and effect for the duration of the stated term of the PPC and the Exhibit-l-3 SF: 27019685.7 d

k Parties shall perform in accordance with the terms of the PPC, except to the extent suspended by the Bridging Agreement.

3.

COMPENSATION Effective immediately upon the termination of the PPC and continuing until December 3 1, 2008, the Parties shall make payments using the methodology described in Exhibit A hereto.

4.

RELEASE OF CLAIMS Effective immediately upon the termination of the PPC, District and PG&E each hereby waive and release any and all claims, demands, causes of action, losses, expenses, fees, damages (compensatory, punitive, exemplary, statutory or otherwise), or other right to relief, whether based on contract, tort, statute, or other legal or equitable theory of recovery which each had, now has, or may hereafter have against the other or any of its subsidiaries, affiliates, officers, directors, agents, employees, attorneys or shareholders, arising.out of or related to the PPC. This mutual release of claims shall not apply to any action commenced to enforce this Termination Agreement, the Bridging Agreement or this mutual release..,

District and PG&E each acknowledge thai they execute and agree to this full and final release as a compromise of matters which may involve disputed issues of law and fact, and District and PG&E fully assume the risk that the facts and the law may be other than they believe. DISTRICT AND PG&E EACH EXPRESSLY WAIVE ALL RIGHTS UNDER CALIFORNIA CIVIL CODE SECTION 1542, WHICH PROVIDES AS FOLLOWS:

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.

SELLER AND PG&E, BEING AWARE OF SAID CODE SECTION, HEREBY EXPRESSLY WAIVE ANY RIGHTS THEY MAY HAVE THEREUNDER, AS WELL AS Exhibit-l-4 SF: 27019685 7 UNDER ANY OTHER STATUTES OR COMMON LAW PRINCIPLES OF SIMILAR EFFECT.

5.

INDEMNIFICATION 5.1 District shall defend, indemnify and hold harmless PG&E from and against any and all claims, demands, causes of action, losses, expenses, fees, damages (compensatory, punitive, exemplary, statutory or otherwise), or other right to relief, whether based on contract, tort, statute or other legal or equitable theory of recovery, incurred by, or demanded, claimed or adjudged against PG&E or any of its subsidiaries, affiliates, officers, directors, agents, employees or attorneys, arising out of or related to the PPC, resulting from acts or omissions of the District or any of its officers, directors, agents, employees or attorneys.

5.2 PG&E shall defend, indemnify and hold harmless District from and against any and all claims, demands, causes of action, losses, expenses, fees, damages (compensatory, punitive, exemplary, statutory or otherwise), or other right to relief, whether based on contract, tort, statute or other legal or equitable theory of recovery, incurred by, or demanded, claimed or adjudged against District or any of its officers, directors, agents, employees or attorneys, arising out of or related to the PPC, resulting from acts or omissions of PG&E or any of its subsidiaries, affiliates, officers, directbrs, agents, employees or attorneys.

6.

CONDITIONS PRECEDENT 6.1 PG&E's promises and obligations under this Termination Agreement are conditioned in their entirety upon the CPUC issuing a decision or decisions with the following terms that becomes final, unconditional and unappealable (including exhaustion of all administrative and judicial appeals or remedies and time periods thereof): (a) approving in its entirety and without change to this Termination Agreement and (b) finding that the terms of this Termination Agreement are reasonable and adequately protect PG&E's ratepayers' interest and (c) on terms which sufficiently protect PG&E from harm or detriment, unless PG&E, in its sole Exhibit-1-5 SF. 27019685.7 A L discretion, gives District written notice prior to April 30, 2000 that PG&E waives this condition precedent.

6.2 District's promises and obligations under this Termination Agreement are conditioned in their entirety upon the Parties executing agreements substantially on the terms and conditions and substantially in the form set forth at Exhibit C hereto, after their approval by the Federal Energy Regulatory Commission, to connect the Project to ISO controlled facilities. The Parties agree to make best efforts to execute such agreements prior to January 30, 2000.

7.

REGULATORY PROCESSES 7.1 PG&E shall commence and diligently proceed to obtain CPUC approval of this Termination Agreement. The Parties shall cooperate fully in the process of seeking approval.

The Parties agree to extend their best efforts to -ensure the adoption of this Termination Agreement by the CPUC. No Party to this Termination Agreement will contest any aspect of this Termination Agreement in this proceeding or any other forum, by contact or communication, whether written or oral (including exparte communications-,vhether or not reportable under the Commission's Rules of Practice and Procedure) or in any manner before the CPUC or its staff.

7.2 PG&E shall commence and diligently proceed to obtain Federal Energy Regulatory Commission approval of the agreements set forth at Exhibit C substantially on the terms and conditions and substantially in the form set forth therein. The Parties shall cooperate fully in the process of seeking approval. The Parties agree to extend their best efforts to ensure said approval by the Federal Energy Regulatory Commission. No Party to this Termination Agreement will contest any aspect of the agreements set forth in Exhibit C in this proceeding or any other forum, by contact or communication, whether written or oral (including ex parte communications) or in any manner before the Federal Energy Regulatory Commission or its staff.

Exhibit-1-6 SF. 27019685.7

8.

REMOVAL OF CONDITIONS PRECEDENT 8.1 If the CPUC issues a final order approving the Termination Agreement and if PG&E does not give notice of termination of this Termination Agreement pursuant to Paragraph 9 hereof, or if PG&E, in its sole discretion, gives District written notice prior to April 30, 2000 that PG&E waives the condition precedent set forth at Paragraph 6.1, then (i) neither Party may dispute or appeal the CPUC order; and (ii) provided that the condition precedent set forth at Paragraph 6.2 has been satisfied in accordance with Paragraph 8.2, then the Termination Agreement shall remain in full force and effect and the remaining obligations required under this Termination Agreement shall be performed.

8.2 If the Parties have executed agreements substantially on the terms and conditions and substantially in the form set forth at Exhibit C hereto, after their approval by the Federal Energy Regulatory Commission and prior to January 30, 2000 or if District, in its sole discretion gives PG&E written notice no later than fifteen (15) business days from January 30, 2000 that District waives the condition precedent set forth at Paragraph 6.2, then the condition precedent set forth in Paragraph 6.2 shall be satisfied.

9.

TERMINATION OF TERMINATION AGREEMENT 9.1 If the CPUC does not approve this Termination Agreement by April 30, 2000, or PG&E concludes, in its sole discretion that the CPUC has not approved the Termination Agreement on terms which satisfy the conditions stated in Paragraph 6, then within fifteen (15) business days of the issuance of such order, PG&E may notify District in writing, that the CPUC order is not acceptable and this Termination Agreement shall terminate, unless District and PG&E mutually agree otherwise.

9.2 If the Parties have not executed agreements substantially on the terms and conditions and substantially in the form set forth at Exhibit C hereto, after their approval by the Federal Energy Regulatory Commission, prior to January 30, 2000, then within fifteen (15) business days of January 30, 2000, District may notify PG&E in writing that the special facilities Exhibit-1-7 SF. 27019685.7 arrangements are not acceptable and this Termination Agreement shall terminate unless District and PG&E mutually agree otherwise.

9.3 Failure by either Party to give notices within the time periods and in the manner described in Paragraphs 9.1 and 9.2 shall constitute an irrevocable waiver of the respective conditions precedent.

10.

PERIOD AFTER TERMINATION OF PPC 10.1 Upon termination of the PPC, District, in its discretion, may sell and deliver power from the Project to any entity other than PG&E subject to the conditions below.

10.1.1 If such sales require use of PG&E's transmission system, District shall request transmission service through the ISO in accordance with the ISO's established tariffs; this Termination Agreement does not confer on District any right to schedule or transmit power over PG&E's or the ISO-controlled electric transmission/distribution system.

10.1.2 District shall act as its own Scheduling Coordinator or obtain such services from a third piarty; nothing in this Termination Agreement obligates PG&E to act as District's Scheduling Coordinator for making power les pursuant to this Paragraph 10.

10.1.3 PG&E is relieved of all obligations PG&E may have uider the PPC to purchase any of the electric output of the Project. In addition, PG&E is relieved from the date of this Termination Agreement until January 1, 2009, of all obligations PG&E may have under the Public Utility Regulatory, Policies Act of 1978, as amended and all regulations issued thereunder, to purchase any of the electric output of the Project.

- 10.1.4 District shall be responsible for paying all charges associated with sales of power pursuant to this Paragraph 10.

11.

NOTICES Any notice authorized or specified in this Termination Agreement shall be given in writing to the persons specified below, as appropriate:

Exhibit-i-8 SF. 27019685.7

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District:

Director of Operations and Maintenance East Bay Municipal Utility District 375 Eleventh Street, P.O. Box 24055 Oakland, California 94607-4240 Facsimile: (510) 287-1956 (2)

PG&E:

Manager - Utility Electric Supply Portfolio Management Pacific Gas and Electric Company P.O. Box 770000 - Mail Code NI2E San Francisco, California 94177 Facsimile: (415) 973-2151

12.

CONSTRUCTION OF THE AGREEMENT 12.1 Whether or not the PPC terminates in accordance with this Termination Agreement, this Termination Agreement shall not be admissible against either Party as establishing any precedent under the PPC, or creating any admission or course of dealing, and shall not be used in any other way to construe the terms of the PPC.

12.2 This Termination Agreement constitutes the entire agreement of the Parties with respect to the subject matter hereof and supersedes any and all prior negotiations, correspondence, understandings and agreements between the Parties respecting the subject matter of this Termination Agreement, except the Bridging Agreement.

12.3 This Termination Agreement may be modified or amended only by a written instrument signed by the authorized representatives of both Parties.

12.4 Captions are included herein for ease of reference only; the captions are not intended to affect the meaning of the contents or scope of this Termination Agreement.

12.5 No provision of this Termination Agreement shall be interpreted for or against District or PG&E because District, PG&E, or their respective attorneys drafted the particular provision.

Exhibit-1-9 SF: 27019685.7 12.6 This Termination Agreement shall be construed and interpreted in accordance with the laws of the State of California, excluding any choice of law rules that may direct the application of the laws of another jurisdiction.

12.7 No term or provision herein shall be deemed waived and no breach excused unless such waiver or consent is in writing and signed by the Party claimed to have so waived or excused.

12.8 This Termination Agreement is entered into for the express benefit of District and PG&E and is not intended, and shall not be deemed, to create any rights or interests whatsoever in any other person, including without limitation, any right by any third party to enforce the terms of this Termination Agreement.

12.9 The Parties shall bear their own costs and attoineys"'fees in connection with the negotiation, regulatory approvals preparation and implementation of this Termination Agreement.

13.

DISPUTE RESOLUTION 13.1 Except as provided in paragraphs 2, 3 and,4 of Exhibit A, any dispute of whatever nature that may arise out of or relate to the interpretation, performance, or breach of this Termination Agreement shall be resolved using the dispute resolution process described below.

13.1.1 The Parties shall first attempt-to resolve the dispute through negotiations conducted in good faith by a representative of each Party. Upon written request of either Party to the other, the Parties shall within thirty (30) days of such request meet and negotiate the dispute.

If the Parties cannot resolve the dispute through negotiation within sixty (60) days of the written request, then within the following twenty (20) days the Parties shall submit the matter to mediation as described in paragraph 13.1.2, below.

13.1.2 Mediation to resolve any dispute'the Parties cannot resolve among themselves through negotiations shall be subject to California Evidence Code sections 1115-1128 or their successor statutes, and shall be conducted by a mutually acceptable mediator using the Commercial Mediation Rules of the American Arbitration Association (AAA) then in Exhibit.1-10 SF: 27019685.7 A k effect. By referring to the AAA's Commercial Mediation Rules, the Parties do not intend to use AAA's administrative services. The mediation shall be conducted at a mutually agreeable site in California. The Parties shall cooperate in good faith to promptly schedule and attend the mediation and resolve the dispute. EBMUD and PG&E shall each respectively bear fifty (50) percent of the fees and expenses charged by the mediator and any court reporter whose services are used in connection with this paragraph; otherwise, each party shall bear its own expenses in regard to any mediation arising under this paragraph.

13.1.3 The dispute resolution process described above shall be undertaken in good faith. However, neither party waives its right to-file an action to enforce its rights under this Termination Agreement. In the event that an applicable statute of limitations would expire during the pendency of the dispute resolution process described above, either party, in its sole" discretion, can file an action to enforce its rights under this Termination Agreement without waiting for the conclusion of the dispute resolution process described above.

14.

NO ASSIGNMENT This Agreement may not be assigned to another party without the written agreement of the Parties.

15.

EFFECTIVE DATE / SIGNATURES 15.1 This Termination Agreement becomes effective on the date the last Party to sign below executes the agreement.

15.2 By signing this Termination Agreement below, the representatives of the Parties warrant that they have the requisite authority to bind their respective principals.

EAST BAY MUNICIPAL UTILITY DISTRICT, PACIFIC GAS AND ELECTRIC COMPANY, a California municipal utility district a California corporation By:

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APPROD AS TO FORM BY /2'

fz*I GENERAL COUNSEL'S OFfWICE Ex*ibit-1-12 SF: 27019685.7

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PACIFIC GAS.AND ELECTRIC COMPANY EXHIBIT A TO EXHIBIT 1 TERMINATION AGREEMENT Exhibit-l-13

EXHIBIT A TO TERMINATION AGREEMENT

1.

Base Payment (a)

Commencing immediately upon the termination of the PPC and continuing each month until December 31, 2008 District shall make a Base Payment to PG&E.

The amount of the Base Payment shall be determined in accordance with subparagraph I (b) below. For purposes of computing the Base Payment: (i) "Z" means "the sum of all the hourly calculations over an entire month," (ii) "*" means "multiplied by," and (iii) "." means "minus."

For purposes of computing the Base Payment, the following terms shall have the following meanings:

CC:

$4.00/MWh for the first 142 gigawatt hours ("GWH") per calendar year.

Once the sum of GPCS + GPVV + GC exceeds 142 GWH, then CC will be zero.

GC:

net generation of Camanche Powerhouse delivered to the Camanche 115 kv tap line on an hourly basis.

GPCS:

net generation of Pardee Powerhouse delivered to the Valley Springs-Clay line on an hourly basis' GPVV:

net generation of Pardee Powerhouse delivered to the Valley Springs Lockeford line on an hourly basis.

GMMC:

Generation Meter Multiplier from Camanche Powerhouse on an hourly basis used for settlement purposes from Camanche's ISO settlement statement.

GMMCS: Generation Meter Multiplier for Pardee Powerhouse units delivered to the Valley Springs-Clay line on an hourly basis used for ISO settlement purposes from Pardee Powerhouse settlement statements.

GMMVV: Generator Meter Multiplier for Pardee Powerhouse delivered to the Valley Springs-Lockeford line on an hourly basis used for ISO settlement purposes from Pardee Powerhouse settlement statements.

PXh:

PX price on an hourly basis. It will be from the day ahead market and the zone in which the powerhouse is located.

Exhibit-1-14 Exhibit A To Termination Agreement SF: 27019%85 7

In the event the final data for a month is'not available, EBMUD will make reasonable estimates of the amounts and make a preliminary"payment to PG&E. A final payment to PG&E or a bill to PG&E will be sent to PG&E when all the data is finalized. The final payment or bill will be the net amount, the calculations with the final numbers minus the payment on the 25th.

If the calculations indicate a negative amount, a bill will be sent to PG&E which PG&E shall pay within thirty (30) days.

The Base Payment shall be computed by District for each month and paid to PG&E no later than 25 days after the end of each month. District shall include an explanation of the computation, including all input numbers, including without limitation thereto, CC, GC, G.PCS, GPVV, GMMC, GMMCS, GMMVV, PXh, and SRAC. The Base Payment shall be accompanied by a monthly statement substantially in the form set forth at Exhibit B to this Termination Agreement District will maintain revenue quality meters at all points of delivery to the ISO. The computation of the Base Payment shall utilize those meter readings used for payments and billings between the ISO and District.

District shall retain all records used to compute the Base Payment including, without limitation thereto, meter readings, until December 31, 2009 and shall upon written request from PG&E make such records available for inspection by PG&E.

(b)

Commencing 0001 hours1.157407e-5 days 2.777778e-4 hours 1.653439e-6 weeks 3.805e-7 months , January 1, 2000 and continuing each month until 2400 hours0.0278 days 0.667 hours 0.00397 weeks 9.132e-4 months , December 31, 2008, the District shall make the following Base Payment to PG&E:

I.

1.355 * (GPCS + GPVV + GC)

PXh

2.

minus XCC * (GPCS + GPVV + GC)

3.

minus Four Thousand Nine Hundred and Seventy-Six Dollars

($4,976)

4.

minus Y (I -

GMMCS)

GPCS

PXh

5.

minus (I -

GMMVV) *GPVV

PXh

6.

minus (I -- GMMC)

GC *Ph Exhibit-1-15 Exhibit A To Termination Agreement SF 27019685 7

Payments, if any, made under the Bridging Agreement for the period from 0001 hours1.157407e-5 days 2.777778e-4 hours 1.653439e-6 weeks 3.805e-7 months on January 1, 2000 through April 30, 2000, shall be credited against any amounts due under this Termination Agreement for that same period of time.

2.

Supplemental Payment for Transition Costs If the output of the Project, or any part thereof, is used to directly serve (i.e. without using PG&E's transmission or distribution system) customers which were retail customers of PG&E as of December 20, 1995, and if such service results in the loss of PG&E's ability to collect Competition Transition Charges (as discussed in CPUC Decision 95-12-053, modified by Decision 96-01-009), other non-bypassable charges, or PG&E distribution and transmission system costs that it would have otherwise collected but for such service by the Project, District shall pay PG&E for any of the losses described above caused by providing such service within.

thirty (30) days of being advised by PG&E of said losses. Upon the District's written request, utilizing the procedures set forth at Electric Preliminary Statement, section BB.4 and BB.5, tariffs on file with the CPUC, Original Cal. P.U.C. Sheets Nos. 14963-E, -14964-E, 14965-E, 14966-E, 19467-E, 14968-E and 14969-E, hereinafter collectively referred to as "CTC Tariff

...Procedures." PG&E will review any proposed power sale by the District utilizing the CTC Tariff Procedures, and any disputes related thereto shall be resolved in accordance with the CTC Tariff Procedures and not Paragraph 13 of this Termination Agreement.

3.

Supplemental Payment for Reliability Must Run Units District and PG&E agree that neither of them will apply for designation of the Project or any portion thereof as Reliability Must Run ("RMIR") plants. In the event that the Project or any portion thereof is designated as an RMR facility during the term of this Termination Agreement, "the Parties agree that any RMR-related revenues shall be allocated between the Parties as follows: a) District may retain an amount not to exceed the District's incremental costs directly related to the RMR designation; b) Districtshall pay to PG&E within fifteen (15) days of receipt by District all RMR-related revenues to the extent that RMR revenues exceed the amount Exhibit-1-16 Exhibit A To Termination Agreement SF 2701965 7 S..... VJ*V*t'f

described at (a) within fifteen (15) days of designation of the Project or any portion thereof as an RMR facility. The Parties agree that they will promptly meet and negotiate in good faith an addendum to this Termination Agreement allocating between them the revenues resulting from such designation in accordance with this paragraph. To the extent that the Parties cannot agree upon such allocation within thirty (30) days of designation of the Project or any portion thereof as an RMR facility, then upon written notice by either Party to the other, the allocation of revenues shall be determined by biding arbitration. The arbitration shall be administered by a mutually acceptable single arbitrator who shall decide all matters in dispute (including any discovery disputes that may arise), and shall be completed as promptly as is practicable considering the issues. The Arbitrator shall conduct the arbitration pursuant to the AAA's Commercial Arbitration Rules then in effect. By referring to the AAA's Commercial Arbitration Rules, the Parties do not intend to use AAA's administrative services. The site of any arbitration shall be in California, and the Arbitrator shall apply the California Rules of Evidence and the substantive law of the state of California, and is not permitted to vary therefrom. Further, the Arbitrator shall render an award and a written opinion within four weeks of the conclusion of the arbitration hearing, setting forth in detail the legal and factual basis in support of the award. The District and PG&E shall each respectively bear fifty (50) percent of the fees and expenses charged by the arbitrator and any court reporter whose services are used in connection with this paragraph; otherwise, each Party shall bear its own expenses in regard to any arbitration arising under this paragraph. The dispute resolution provision of this paragraph shall prevail over Paragraph 13 as to the allocation of revenues resulting from designation of the Project or any portion thereof as a RMR facility.

4.

Payments Related to Capacity Additions If District makes Capacity Addition to either plant of the Project, and the Capacity Addition exceeds the amounts given below, then the Base Payment will be revised for the plant where the Capacity Addition was added.

Exhibit-1-17 Exhibit A To Termination Agreement SF. 27019685.7

(a)

Capacity Addition Capability Additions could result from' 1-additional generators being added at the project sites, 2) rebuilds, modifications, or upgrades to the existing generators resulting in increased capacity beyond that available from the existing units, or 3) modification and/or improvements to the inlet and outlet appurtenances or the reservoirs and/or the river course which yield increased capacity beyond that currently available.

(b)

Capacity Additions 1 and 2 If the Capacity Addition results from 1) additional generators being added at the project sites, or 2) rebuilds, modifications, or upgrades to the existing generators resulting in increased capacity so that the output of the plant exceeds 31.8 MW at Pardee Powerhouse and/or 12.25 MW at Camanche Powerhouse as measured at the metering points, then the maximum value

("Maximum Value") of GPCS, GPVV, and/or GC will become:

Time period Maximum Value of GPCS. GPVV.

arid/or GC (MW)

Pardee Powerhouse (sum of GPCS and GPVV)

All Months

, 30.00 Camanche Powerhouse (GC)

All Months 11.25 (c)

Capacity Addition 3.

If the Capacity Addition results from modification and/or improvements to the inlet and outlet appurtenances (for example new penstocks that would allow water to be drawn from different elevations) or the reservoirs and/or the river course which yield increased capacity so that the output of the plant exceeds 22.75 MW at Pardee Powerhouse in August and September Exhibit-1-18 Exhibit A To Termination Agreement SF: 270185 7 w

O*IW m *V*

and/or 12.25 MW at Camanche Powerhouse as measured at the metering points, then the maximum value of GPCS, GPVV, and/or GC will become:

Time period Maximum Value of GPCS. GPVV, and/or GC (MW)

Pardee Powerhouse (sum of GPCS and GPVV)

October to June 30.00 July, if Pardee Reservoir spills in June, 30.00 and Pardee inflow exceeds 46,000 acre feet in July July, if above conditions not met 18.75 August and September 18.75 Camanche Powerhouse (GC)

All Months 11.25 (d)

Theoretical Output The theoretical output will shift energy in hours where the output exceeds the Maximum Value to hours where the output is less than the Maximum Value. The amount shifted where the output exceeds the Maximum Value will be the actual output minus the Maximum Value. The amount that can be shifted into any individual hour is the Maximum Value minus the actual output. Energy will be shifted into hours that have the highest PX prices. The theoretical output shifting will be done over a month. It will only be done for plants that have a Capacity Addition.

Example 1:

If Pardee Powerhouse with Capacity Addition = 40 MW, and Pardee Powerhouse Maximum Value = 30 MW, and All hours output-exceed 30.0 MW, Exhibit-1-19 Exhibit A To Termination Agreement Cr. I',M IqoA, 9 eY 41 *,I, *",/i 71JOJ. I

Then for purposes of the Maximum Value in pa~ragraph 4(c) of this Exhibit A. GPCS and GPVV will be 30.0 MW in all hours of that roonth.,

Example 2:

If Pardee Powerhouse with Capacity Addition =40 MW, and Pardee Powerhouse maximum value = 30.00 MW, and Some hours output exceed 30.00 MW, and Total output exceeds'or equals maximum value (30.00 MW in this example) times hours in the month, Then for purposes of the Maximum Value in paragraph 4(c) of this Exhibit A, GPCS and GPVV will be 30.0 MW in all hours of that month.

Example 3:

If Pardee Powerhouse with Capacity Addition = 40 MW, and Pardee Powerhouse maximum value = 30.00 MW, and Some hours output exceed 30.00 MW, and Total output is less than maximum value (30.00 MW iMi this example) times -hours in the month, Then for purposes of the Maximum Value in paragraph 4(c) of this Exhibit A, hours in which the output exceed 30.00 MW will be reduced to'30.00 MW, hours with less than 30.00 MW will be increased to'30.00MW, until all the MW's reduced equal the MW's increased; hours that are increased will be the hours with the highest PX prices available; the total kWh before and after the shifting for the month will remain the same.'

Example 4:

If Pardee Powerhouse with Capacity Addition =40 MW,-and Exl'bit-1-20 Exhibit A To Termination Agreement

- I8 -

SF: 270196857

Pardee Powerhouse maximum value = 30.00 MW, and All hours output less than the Maximum value of (30.00 MW in this example),

Then no theoretical revisions needed.

(e)

Additional Provisions If District develops plans to make any Capacity Additions, it will promptly inform PG&E of its plans.

(f)

The Parties agree that they will promptly meet and negotiate in good faith any disputes that may-arise as to Payments Related to Capacity Additions. Upon written notice by either Party to the other disputes as to the proper implementation of this Paragraph 4 of Exhibit A shall be determined by binding arbitration. The arbitration shall be administered by a mutually acceptable single arbitrator who shall decide all matters in dispute (including any discovery disputes that may arise), and shall be completed as promptly as is practicable considering the issues. The Arbitrator shall conduct the arbitration pursuant to the AAA's Commercial Arbitration Rules then in effect. By referring to the AAA's Commercial Arbitration Rules, the Parties do not intend to use AAA's administrative services. The site of any arbitration shall be in California, and the Arbitrator shall apply the California Rules of Evidence and the substantive law of the state of California, and is not permitted to vary therefrom. Further, the Arbitrator shall render an award and a written opinion within four weeks of the conclusion of the arbitration hearing, setting forth in detail the legal and factual basis in support of the award. The District and PG&E shall each respectively bear fifty (50) percent of the fees and expenses charged by the arbitrator and any court reporter whose services are used in connection with this paragraph; otherwise, each Party shall bear its own expenses in regard to any arbitration arising under this paragraph. The dispute resolution provisions of this paragraph shall prevail over Paragraph 13 as to Payments Related to Capacity Additions.

Exhibit-1-21 Exhibit A To Termination Agreement SF: 27019685.7

PACIFIC GAS AND ELECTRIC COMPANY EXHIBIT B TO EXHIBIT I TERMINATION AGREEMENT Exhibit-1-22

A k

'-EXHIBIT B TO TERMINATION AGREEMENT COMPUTATION OF MONTHLY BASE PAYMENT PURSUANT TO TERMINATION AGREEMENT BETWEEN EAST BAY MUNICIPAL UTILITY DISTRICT AND PACIFIC GAS AND ELECTRIC COMPANY Exhibit-1-23

-E20x-Exhibit B To Termination Agreement SF: 27019685.7

EXHIBIT B Termination Agreement STATEMENT of PAYMENT TO PACIFIC GAS & ELECTRIC COMPANY FROM EAST BAY MUNICIPAL UTIUTY DISTRICT As provided in the Termination Agreement between East Bay Municipal Utility District (EBMUD) and PG&E dated XX-XX-XXXX, the following payment is hereby made to PG&E for the month of JULY 2000 PAYMENT CALCULATION:

TOTAL DUE PG&E

$101,867.55 PAYMENT DUE DATE-25-Aug-0 SUPPORTING DATA ATTACHED NOTE: The foregoing will be accompanied by hourly data from the PX, ISO, and other sources demonstrating all inputs and calculations used to derive the payment, substantially in the form below:

Exhibit-1-24 EBMUD's BASE PAYMENT TO PG&E 0.355 TIMES GENERATION TIMES PX HOURLY PRICES

$146,222.58 MINUS $4.00/MWH TIMES GENERATION

-$34,153.86 (UP TO 142 GIGAWATT-HOURS PER CALENDAR YEAR)

MINUS LUMP SUM

-$4,976.00 MINUS (t..GUM's) TIMES CORRESPONDING GENERATION TIMES PX HOURLY PRICES GMMC

-$3,465.62 GMMW

-$2,322.23 GMMCS

-$1,437.32 Supplemental Payments TRANSITION COSTS

$0.00 RELIABILITY MUST RUN UNITS

$0.00

EXHIBIT B Termination Agreement CAPACITY PORTION of CONTRACT PACIFIC GAS & ELECTRIC COMPANY UTILITY ELECTRIC PORTFOLIO MANAGEMENT P

CAPACITY PAYMENT BY MONTH:

GPCS TOTAL KWH 8,577,777 14,175,681 11,627,777 10,192,700 11,050,000 13,000,000 7,000,722 0

0 0

05 0

GPVV TOTAL KWH 4,618,803 7,633,059 6,261,111.

5,487,300 5,950,000 7,000.000 3,594,984 0

0 0

DATE Jan-00 Feb-00 Mar-00 Apr-00 May-O0 Jun-00 Jul-00 Aug.00 Sep-00 Oct-D0 Nov-00 Dec-00 TOTALS GC KWH TOTAL*

TOTAL KWH BY MONTH 3,207,500 5.954.500 3,566,666 4,125,660 3,333,000 7,700.000 4,808,475 0

0 0

16,404,080 27,763,240 21.455,554 19,805,660 20,333,000 27,700,000 15,404,181

.0 0

0 0

.0 RUNNING KWH TOTAL 16.404,080 44.167,320 65,622,874 85,428,534 105,761,534 133,461.534 148,865,715 0

0 0

32,695,801 148,865,715 KWH FOR CAPACITY CREDIT 16,404,080 27,763,240 21,455,554 19,805,660 20,333,000 27,700,000 8,538,466 0

0 0

0 142,000,000 CAPACITY 0.004

$65,616.32

$111,052.96

$85,822.22

$79,222.64

$81,332.00

$110,800.00

$34,153.86

$0.00

$568.000.00 Exhibit-1-25 75,624,657 40,545,257

EXHIBIT B Termination Agreement MmTERUNITS rvvr 2&3uubGC I

METER UNITS1, 2 &3 GC DAYS IN MONTH 31 HOURS IN MONTH 744 DATA FROM !SO AND PX HQUR..'.

GPCS GPW GC PX HOURLY GMMCS GMMV GMMC r

Total Total Total DAY AHEAD GMM CMM M

L kw4 kW4 4R1E CALQ Ul ATQNS 0.355 GMMCS GMMW GMMC "PX*

GMM GMM GMM HourY Pricei LOSSES LOSSES LOSSES 1 07/01/2000 12,600 4,971 2 07/01/2000 9,720 4,974 3 07/01/2000 7,704 4,974 4 07101/2000 9,558 4,974 5 07/01/2000 10,944 4,974 6 07/01/2000 11,538 4,974 7 07101/2000 10,890 4,974 8 07101/2000 12,726 4,974 9 07101/2000 12,618 4,974 10 07/0112000 11,376 4,974 11 07/01/2000 8,946 4,974 12 07/01/2000 8,046 4,974 13 07/01/2000 7,722 4,974 14 07/01/2000 9,882 4,974 15 07/0112000 12,366 4,974 16 07/01/2000 11,916 4,977 17 07/01/2000 12,042 4,971 18 07/01/2000 10,440 4,977 19 0710112000 10,224 4,974 20 07101/2000 8,820 4,971 21 07/01/2000 7,290 4.971 22 07/01/2000 8,082 4,971 23 07/01/2000 9,684 4,971 Month of JuIQM tt 0%

10,122 10,059 10,332 9,744 10,416 10,899 11,949 11,907 11,676 11,739 10,878 9,702 9,072 8,484 7,602 8,652 10,185 10,290 9,618 9,450 9,135 8,505 9,114 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.968 0.975 0.951 0.976 0.984 0.999 0 976 0.967.

0987 0.968 0.978 0.987 0.997 0.988 0.987 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 PAGE 1 0.967 0.965 0.958 0.979 0.988 0.996 0.966 0.964 0981 0.978 0.973 0.975 0.991 0.98 0.977 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.989 0.989 0.989 0 989 0.989 0.989 0 989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989"'

0.989 0.989 0.989 0.989

$214.22

$180.14

$168.76

$213.64

$269.24

$283.56

$287.82

$306.49

$310.46

$299.65

$265.77

$248.04

$244.04

$269.20

$292.90

$287.92

$294 00

$272.78

$236.01

$212.70

$165.51

$153.67

$168.68

$8.79

$4.98

$7.80

$5.69

$504

$0.34

$7.62

$12.25

$4.90

$10.94

$594

$3.22

$0.73

$3.85

$5.32

$5.30

$807

$3.74

$3.01

$4.77

$2.38

$1.79

$4.26

$3.57

$357

$4.32

$2.59

$1.72

$0.58

$4.93

$5.22

$282

$329

$4.05

$3.82

$1.41

$3.23

$3.78

$6.95

$394

$2 83

$2.00

$3.84

$2.06

$2.10

$248

$243

$2.27

$2.35

$2.66

$330

$349

$3.83

$382

$3.84

$3.88

$361

$328

$315

$3.03

$277

$302

$341

$338

$2.83

$268

$2.19

$188

$200

EXHIBIT B "Termination Agreement DATA FROM ISO AND PX

-ALCAI.MS HOUR GPCS GPW NDIj.

DATE.

Total

'Total kit 4 kWh kWh GC PX HOURLY Total DAY AHEAD kWh PRIE GMMCS GMMW GMMC 0.355 GMMCS GMMW GMMC ow GMM.

MM

PX&

GMM GMM GMM HourlY PrIceI LOSSES LOSSES LOSSES 24 07101/2000 13,086 4,971 1 07/02/2000 13,806 4,968 2 0710212000 13,212 4,968 3 07102/2000 14,616 4,971 4 07102/2000 14,004 4,968 5 07102/2000 14,040 4,971 6 07/0212000 16,398 4,968 7 07/02/2000 17,226 4,968 8 07/02/2000 16,992 4,968 9 07/02/2000 17,082 4,968 10 07/02/2000 18,252 4,968 11 07/02/2000 18,936 4,971 12 07/02/2000 18:972 4,968 13 07/02/2000 18,630 4,971 14 07/02/2000 18,612 4,974 15 07/02/2000 18A468 4,971 16 07102/2000 18,324-4,974 17 07/0212000..18,144 4,971 18 07102/2000 18,036 4,974 19 0710212000 18,198 4,971 20 07/02/2000 18,180 4,971 21 07/02/2000 17,946 4,971 22 07102/2000 18,162 4,971 23 07/02/2000 18,162 4,974 24 07/02/2000 18,198 4.974 1 07/03/2000 18,216 4,977 2 07/03/2000 18,162 4,977 3 07103/2000 18,018 4,974 4 07/0312000 18,126 4,977 5 07/03/2000 17,802 4,977 6 07/03/2000 18,666 4,977 7 07/03/2000 18,342 4,977 11,529 10,269 10,248 10.290 10,584 10,878 11.592 12,285 12,474 13,041 12,999 12,663 12,2624 11,886 12,558 1 3,071 13,293 13,503 14,301 14,511 14,721 14,469 14,616 14,784 14,238 14,070 14,322 14,595 14,448 14,553 14,532 0.01987 0.02179 0.0205 0.02066 0.02479

,0.0288 0.02914 0.02915 0.02916 0.02988 "0.03005 0.03019 0.03158 0.03249 0.03308 0.03175 "0.03045 0.02989, "0.02679' 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915

0.987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 0.967 0.964 0.987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991 0.988--

0.98 0.987 0.977 0.98B

.0.956 0.978 0.974 0.988-0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 0.987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 0.969 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989

$208.70

$224.66

$206.88

$219.13

$260.11

$305.59

"$340.94

$356.80

$356.45

$372.22

$386.38

$391.94

$387.65

$402.08

$409.13

$422.73

$416.69

$393.56

$387.44

$356.36

$344.68

$291.15

$268.04

$267.91

$267.74

$289.55

$270.79

$273.67

$331.76

$380.61

$395.13

$391.69

$3.38

$9.63

$6.77

$14.80

$8.33

$6.47

$0.48

$12.05

$16.35

$6.64

$17.55

$12.58

$7.58

$1.77

$7.26

$7.94

$8.15

$12.15

$6.47

$5.36

$9.84

$5.87

$4.01

$7.99

$4.70

$12.70 1$9.31

$18.24

$10.78

$820

$0.54

$12.83

$1.88

$2.52

$3.57

$2.46

$3.56

$2.31

,$4.31"

$2.34

$2.59

$2.89

$1.72

$3.45

$0.58

$3.72

$4.92 43.94

$5.22

$4.00

$2.82

$4.29

.$3.28

$4.30

'$4.05

$4.21

$3.82

$3.91

$1.41

$4.26

$3.23

$4.25

$3.78

$4 57

.$6.95

$4.77

$3.94

$445

$2.82

$4.44

$2.00

$4.21

$3.84

$4 12 V

$2.06

$3.53

$2.10

$3.20

$2.49

$3.21

$1.88

$3.23

$3.58

$341

$3.57-

$3.17

$4.32

$3.25

$2.59

$3,98

$1.72

$450

$0.58

$4.66

$4.93

$466 PAGE 2

EXHIBIT B Termination Agreement DATA FROM ISO AND PX CALULATZI*

HOUR.,,

GPCS "NDIM '-,DAI I. Total IS:."

4*"';2Z",

I kWh GPW Total kwh GC PX HOURLY Total DAY AHEAD kWh ERICE GMMCS GMMW GMMC 0.355 GMMCS GMMW GMMC GMM GMM GMM

PX*

GMM GMM GMM Houy Pricel LOSSES LOSSES LOSSES 8 07/03/2000 18,126 9 07103/2000 18,054 10 07103/2000 18,000 11 07/03/2000 18,108 12 07/03/2000 18.126 13 07/03/2000 17,856 14 07/03/2000 17,244 15 07103/2000 16,866 16 0710312000 16,974 S17 07/03/2000 16,524 S18 07/0312000 15,318 19 07/03/2000 12,492 20 07103/2000 11,898 21 07/03/2000 12,798 22 07103/2000 12,492 23 07/03/2000 12,420 24 07/0312000 8,460 1 0710412000 7,524 2 0&104/2000 8,838 3 07104/2000 8,208 4 07/04/2000 5,058 5 07104/2000 6,336 6 07104/2000 9,738 7 0710412000 13,194 8 07104/2000 10,314 9 07104/2000 10,368 10 07/04/2000 10,278 11 07/04/2000 9,342 12 07/04/2000 7,434 13 07104/2000

-5,562 14 07104/2000 3,960 15 07/04/2000 4.752 4,980 4,977 4,977 4,980 4,977 4.977 4.980 4,977 4,980 4,977 4,977 4,557 4,068 4,071 4,071 4,902 4,983 4,983 4,983 4,983 4,980 4,983 4,983 4,983 4,983 4,980 4,983 4,983 4,980 4,983 4,983 4,980 14,574 14.511 14,133 13,692 14,049 13,482 12,810 12,075 10,752 11,781 12,096 11,802 9,723 7,413 7,287 8,988 9,408 10.626 7,875 7,497 7,917 8,505 7,791 6,363 6,510 7,686 7,098 7,182 6,258 5,019 3,045 4,473 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02575 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.967 0.964 0.987

'0.981 0 968 0.978 0.978 0.973 0.987 0.975 0.997 0991 0.988 0.98 0.987 0.977 0.986 0.956 0.978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 0.987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 0.967 0.964 0.987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991 0.988 0.98 0.987 0.977 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989

$390.06

$398.22

$395.88

$394.19

$405.56

$407.12

$404.08

$398.31

$368.64

$359.77

$343.70

$274.39

$235.10

$187.83

$170.01

$186.71

$161.19

$178.94

$157.89

$151.73

$158.01

$202.68

$232.88

$253.95

$225.74

$244.33

$238.52

$230.50

$203.83

$174.49

$138.27

$166.81

$17.44

$7.01

$17.31

$12.03

$7.25

$1.69

$6.72

$7.25

$7.54

$11.07

$5.49

$3.68

$6.44

$4.18

$2.76

$5.46

$2.19

$5.25

$4.53

$8.31

$3.01

$2.92

$0.28

$923

$9.92

$4.03

$9.88

$6.20

$2.97

$0.53

$1.54

$2.04

$5.23

$467

$2.83

$4.77

$3.29

$4.67

$4.06

$4.55

$3.83

$475

$1.41

$468

$3.24

$4.58

$3.79

$4.39

$6.96

$3.76

$3.94

$3.95

$2.83

$3.98

$1 83

$3.48

$3.15

$2.76

$1.69

$1.78

$1.72

$1.61

$2.45

$1.98

$1.88

$2.06

$3.58

$2.55

$358

$1.78

$432

$170

$259

$2.16 PF

$1.72

$2.69

$0:58

$2.50

$4.94

$204

$5.23

$2.09

$2.83

$2 53

$3.29

$2.35

$4.06

$239

$383

$212

$1.42

$1 74

$324

$109

$379

$163 PAGE 3

EXHIBIT B Termination Agreement DATA FROM ISO AND PX HOUR GPCS GPW GC PX HOURLY GMMCS GMMW GMMC NDIN DATE Total Total Total DAY AHEAD MM iM I4 I

~

k"

hP IC 9 ALCALLANM I

0.355 GMMCS GMMW GMMC

PX*

u c

GMM GMM 6MM HouR PriceI LOSSES LOSSES LOSSES 16 07/04/2000 3,726.

17 07/04/2000 6,984 18 07/04/2000 10,980 19 07/0412000 10,980 20 07104/2000 10,584 21 07/04/2000 11,304 22 07/04/2000 11,970 23 0710412000 14,238 24 07/04/2000 10,386 t

1 07/05/2000 6,606 2 07/05/2000 8,352 3 07/05/2000

5,724 t

4 07105/2000 4,266 5 07/05/2000 4,122 6 07/05/2000 8,100 7 07/05/2000 5,004 8 07/05/2000 900 9 07105/2000 2,052 10 07/05/2000 6,876 11 07/05/2000 15,408 12 07/05/2000 15,876 13 07/05/2000 15,516 14 07/0512000 10,530 15 07/05/2000 3,276 16 07/05/2000 7,308 17 07/05/2000 17,658 18 07/0512000 19,116 19 07/05/2000 15,498 20 07/05/2000 12,420 21 07/05/2000 15,696 22 07/05/2000 12,726 23 07/05/2000 8,982 4,980 4,983 4,983 4,980 4.980 4.983 4,980 4,980 4,983 4,980 4,983

-4,983 4,980 4,980 4,983 4,983 4,983 4,983 4,983 4.983 4,983 4,983 4,983 4,983 4,983 4,983 4,983 4,980 4,983 4,980 4,983 4,980 5,250 3,486 2,478 4,179 4,179 4,977 5,901 7,875 6,909 7,392 8,799 7,896 8,295 8,652 8,967

.9,303 9,114 9,807 9,303 5,649

.5,355 8,883 13,335 12,936 9,534 10,080

9,345 6,300 6,741' 6,090 9,912 8,022 0.03175 0.986 0.03045 0.978 0.02989

-0.988 0.'02679 0.989 0.02578 0.979 0.02179 0.985 0.02008

. 0.989 0.01999 0.978 0.01987 0.987 0.02179 0,968 0.0205

.0.975 0.02066

-0.951 0.02479 0.976 0.0288 0.984 0.02914

.0.999 0.02915

.0.976

0.02916

0.967 0.02988 0.987 0.03005 0.968 0.03019

'0.978 0.03075 0.987 0.03151 0.997 0.03249 0.988 0.03308 0.987 0.03175 0,986 0.03045 0.978 0.02989 0.988 0.02679 0.989 0.02578 0.979 0.02179 0.985 0.02008 0.989 0.01999 0.978 0.956 0.974 0.981 0.985 0.97 0,981 0.979 0.975 0.981 0.967 0.965

" 0.958 0.979 0.988 0.996 0.966 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989

$157.30

$167.04

$195.68

-$191.53

$180.69

$164.49

$162.89

$192.26

$157.15

$146.80

$161.08

$136.44

,$154.37

$181.52

$228.10

$199.62

$155.25

$178.65

$225.75

"$279.08

$286.16

$329.40

$332.73

$248.90

$246.00

$353.71

$354.87

$254.67

$220.96

$207.05"

$196.89

$156.01

$1.66

$4.68

$3.94

-$3.24

$5.73

$3.69

$2.64

-$6.26

$2.68

$4.61

$4.28

$5.79

$2,54

$1.90

$0.24

$3.50

$0.87

$0.80

$6.61

$10.23

$6.35

$1.47

$4.11

$1.41

-$3.79

$3.25

$6.96

$11.83.

$3.95

$6.86

$2.83

$4.57

$2.00

$6.72

$3.85

$5:13

$2.06

$2.81

$2.10

$3.95

$2.49

$6,96

.$3.95

$2.83

$2.00

$3.85

$2.06

$2.10

$2.49

$1.88

$3.58

$4.32

$2.59

"$f.72

$0.58

$4.94

$5.23

$2.83

$3.29'

$4.06

$3.83

$1.42

$3.i4 PAGE 4

$1.83

$1 17

$0.81

$1.23

$1.19

$1.10

$1.30

$1.73

$1.51

$1.77

"$1.98

$1.79

$2.26

$2.74

$2.87

$2.98

$2.92

$3.22

$3.08

$188

$181

$309

$4.77

$4.71

$3.33

$3.38

$307

$186

$1.91

$1.46

$2.19

$1.76 f

EXHIBIT B Termination Agreement DATA FROM ISO AND PX CALCULATIONS I

0.355 GMMCS GMMW GMMC

PX5*

GMM GMM GMM HoudyPdcel LOSSES LOSSES LOSSESI 24 0710512000 7,074 4,983 1 07106/2000 7,974 4,980 2 07106/2000 8,748 4,980 3 0710612000 9,918 4,785 4 07/06/2000 12,258 4,122 5 07/0612000 15,426 1,899 6 07/06/2000 14,472 0

7 0710612000 13,842 3,822 8 0710612000 15,354 4,677

'n 9 0710612000 14,544 4,809 10 0710612000 15,408 4,929 11 0710612000 18,468 3,642 o

12 07/06/2000 20,538 2,451 13 07106/2000 18,036 2,454 14 07/06/2000 20,052 2,451 15 07106/2000 19,080 4,113 16 07/06/2000 20,016 4,842 17 07106/2000 17,190 4,893 18 07106/2000 17,730 4,932 19 07/06/2000 16,992 4,959 20 07106/2000 17,622 4,962 21 07106/2000 17,478 4,971 22 07106/2000 14,454 4,971 23 07/06/2000 16,254 4,971 24 07/06/2000 16,002 4,971 1 07/07/2000 16,254 4,974 2 07/07/2000 16,362 4,974 3 07/07/2000 16,398 4,974 4 07107/2000 17,118 4,974 5 07/07/2000 18,180 4,974 6 07/07/2000 17,208 4,971 7 07/07/2000 15,948 4,974 5,481 5,670 4,578 6,825 7,245 6,027 7,896 9,156 9,828 9,534 9,786 6,636 5,313 8,631 5,439 5,544 4,746 5,376 3,654 8,862 8,358 8,589 7,896 6,636 6,846 6,783 5,901 5,985 6,657 7,035 6,573 5,985 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 003175 0.03045 0.02989 0.02679 0.02578 0,02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0 981 0.968 0.967 0.975 0965 0.951 0.958 0.976 0.979 0.984 0,988 0.999 0.996 0.976 0.966 0.967 0.964 0.987 0981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991 0.988 0.98 0.987 0.977 0.986 0.956 0.978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989" 0.979 0.978 0975 0.987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 PAGE 5 0.989 0.989 0.989 0.989 0.989 0.989 0.989.

0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0 989 0989 0 989 0.989 0.989 0 989 0.989 0.989 0.989 0.989 0.989 0.989

$12371

$144.07

$133.22

$157.89

$207.91

$238.75

$231.39

$277.54

$309.09

$306.42

$321.34

$308.08

$308.95

$326.47

$322.28

$337.47

$333.67

$296.82

$279.24

$293.05

$283.18

$240.09

$194.76

$197.71

$19623

$216.68

$198.22

$200.64

$253.00

$308.65

$297.43

$278.44

$1.83

$5.56

$4.48

$10.04

$7.29

$7.11

$042

$968

$14.77

$5.65

$14 82

$12.27

$8.21

$1.71

$7.82

$8.21

$8.90

$11.52

$6.36

$5.01

$9.54

$5.71

$3.19

$7.15

$4.13

$11.33

$8.39

$16.60

$10.18

$8.38

$0.50

$11.16

$1.88

$3.58

$3.57

$4.15

$2.15

$0.66

$000

$3.79

$4.91

$2.73

$326

$2,97

$1.88

$0.70

$V59

$3.13

$6.76

$3.87

$2.80

$1.99

$3.84

$2.06

$2.10

$2.48

$1.88

$3.58

$3.57

$4.32

$2.59

$1.72

$0.58

$493

$1.20

$136

$1.03

$1.55

$1.98

$1.91

$253

$2.94

$315

$313

$323

$2.20

$1.80

$300

$1.94

$2.02

$1.66

$1 80

$1.20

$2.61

$2.37 p

$2.06

$1 74

$146

$150

$163

$1.33

$1.36

$182

$223

$211

$1 92

EXHIBIT B Termination Agreement DATA FROM ISO AND PX CALCULATIONS IHOUR 7

GPCS I Dl'~

I Total GPVV Total kWh GC Total kWh PX HOURLY DAY AHEAD ERIE GMMCS GMMW GMI-MC 0.355 GMVIMCS GMMW GMMC HouM rGJeI MOASE GMM GMM GMM HoryPrIcel LOSSES LOSSES LOSSES 8 07/07/2000 14,436 4,971 9 07/07/2000 12,942 4,974 10 07/07/2000 12,384 4,974 11 0710712000 9,036 4,977 12 07/07/2000 7,164 4,977 13 07107/2000 7,758 4,977 14 07107/2000 8,496 4,977 15 07/07/2000 7,380 4,974 16 07/07/2000 8,262 4,971 17 07107/2000 7,218 4,974 F

18 07/07/2000 6,174 4,971 19 07/07/2000 4,410 4,974 20 07/07/2000 2,898 4,974 21 07/07/2000 1,530 4,977 22 07/07/2000 630 4,974 23 07/07/2000 972 4,977 24 07/07/2000 "1,188 4,974 1 07/08/2000 954 4,974 2 07/08/2000 1,260 4,977 3 07108/2000 828 4,974 4 07108/2000 594 4,977 5 07/08/2000 1,062 4,974 6 07/08/2000 1,602 "4,977 7 07/08/2000 2,898-4,977 8 07/08/2000 3,906 4,974 9 07/08/2000 3,942 4,977 10 07/08/2000 3,870 4,977 11 07/08/2000 3,330 4,974 12 07/08/2000 5,040 4,977.

13 07/08/2000 6,012 4,977 14 07/08/2000 7,146 4,977 15 07/08/2000 10.080 4,977 6,342 6,090 5,964 5,376 5,418 4,998 5,565 5,250 4,998 4,179 3,297

'3,108 2,751 2,478 2,751 2,394 2,814 2,835 2,541 1,575 819 609 1,869 3,612 2,289 1.449 2,499 2,940 3,297 3,444 2,835 3,213 0.02916 0.02988 0.03005

-0.03019 0.03075 0.03158 0.03249 6.033o8 0.03175 0.03045 0.02989 0.02679 0.02578

'0.02179 o.o2oo8 0.01999 "0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.967 0.987 0.968 0.978

" 0.987 0.997

'0.988 0.987

' 0.986 "0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.987

'0.968 0.975 0.951 0.976 06.984 0.999 0.976

.0.967 0.987 "0.968 0.978 0.987 0.997 0.988 0.987 PAGE 6 0.964 0.989 0.981 0.989 0.978 0.989 0.973 0.989 0.975 0.989 0.991 0.989 0.98 0.989 0.977 0.989 0.956 0.989 0.974 0.989 0.981 0.989 0.985 0.989 0.97 0.989 0.981 0.989 0.979 0:989 0.975 0.989 0.981 0.989 0.967 0.989 0.965 0.989 "0.958 0.989 "0.979 0.989 0.988 0.989 0.996 0.989 0.966 0.989 0.964 0.980 0.981 0.989 0.978 0.989 0.973 0.989 0.975 0.989 0.991 0.989 0.98 0.989 0.977 0.989

$266.55

$25464

$248.79

$207.80

$191.68

$198.80

$219.58

$206.73

$205.49

$176.97

$153.24

$118.80

$97.22

$69.50

$59.56

$59.21

$63.32

$67.79

$63.88

$54.11

"$5623

$67.94

$87.39

.$118.87

$115.62

$109.98

$121.04

$120.51

$145.34

$161.81

$172.52

$214.55

$13.89

$503

$11.91

$6.00

$2.86

$0.73

$3.31

$3.17

$3.67

$4.84

$2.21

$1.30

.$1.57

$0.50

$0.14

$0.43

$0.31

$0.67

$0.65

$0.84

$0.35

$0.49

$0.05

$2.03

$S.76

$1.53

$3.72

$2.21

$2.0l

$0.57

$2.79

$5.22

$2.82

$3.29

$4.06

$3.83

$1.41

$3.23

$3.78

$6.94

$3.94

$2.82

$2.00

$3.85

$2.06

$2:10

$2.49

$1.88

$3.58

$3.57

$4.32

$2.59

$1.72

$0.58

$4.93

$5.22

$2.83

$3.29

$4.05

$3.83

$i.41

$3.23

-$2.03

$2.00

$1.97

$1.79

$1.83

$1.74

$1.99

$1.91.

$1.75

$1.40

'$1.08

-$0.92

$0.78

"*$0.59

$0.61

$0.53 i$0.62

$0.68

$0.57

.. '$0.36

$0.22

$0.19

$0.60

$1.16

$0.73

$0.48

$083

$0.98

$1.1Z

$1.20

$1.01

$4.33

$3.79

$1.17

EXHIBIT B Termination Agreement DATA FROM ISO AND PX

,ALUL.&fTQN HOUR

`

GPCS NQIN..

l:*,.I,,

Total GPW Total kmh GC PX HOURLY Total DAY AHEAD khh ERICE GMMCS GMMW GMMC 0.355.

GMMCS GMMW GMMCI oMM OMMMM

M PX*

GMM GMM GMMI Hourly PriceI LOSSES LOSSES LOSSES 16 07/08/2000 11,520 17 07108/2000 11,826 18 07108/2000 10,404 19 07/08/2000 20 07/08/2000 21 07108/2000 22 07/08/2000 23 07/08/2000 tr 24 07/08/2000 S

1 07/09/2000 2 07/09/2000 3 07/09/2000 4 07/09/2000 5 07/09/2000 6 07/09/2000 7 07/09/2000 8 07/09/2000 9 07/0912000 10 07/09/2000 11 07/09/2000 12 07/09/2000 13 07/09/2000 14 07/09/2000 15 07/09/2000 16 07109/2000 17 07109/2000 18 07109/2000 19 07/09/2000 20 07/09/2000 21 07/09/2000 22 07/09/2000 23 07/09/2000 9,414 8,532 5,454 4,050 3,348 2,880 2,880 1,782 612 450 414 378 36 0

0 0

0 0 0 4,977 4,977 4,977 4,977 4,977 4,977 4,974 4,980 4,980 4,977 4,980 4,980 4,977 4,980 4,977 4,974 4,977 4,974 4,977 4,974 4,974 4,974 4,974 4,971 4,971 4,971 4,971 4,971 4,974 4,971 4,974 4,971 3,906 5,313 4,620 4,431 4,767 3,129 1,134 147 231 0

63 42 21 0

0 0

0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 002179 0.02008 0.01999 0.986 0.956 0.978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 0.987-0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 0.967 0.964 0.987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0997 0.991 0.988 098 0.987 0.977 0.986 0.956 0.978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 PAGE 7 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0 989 0.989 0.989 0.989 0.989 0.989 0.989

$229.97

$239.07

$212.23

$179.01

$167.26

$104.89

$72.41

$60.14

$57.07

$60.78

$49.67

$41.32

$47.94

$55.15

$55.40

$51.84

$51.52

$52.76

$53.09

$53.31

$54.30

$55.76

$57.37

$58.38

$56.03

$53.74

$52.75

$47.28

$45.52

$38.45

$35.46

$35.28

$5.12

$7.92

$3.73

$2.77

$4.62

$1.78

$0.89

$1.47

-$0.74

$2.01

$0.91

$0.62

$027

$0.19

$0.01

$0.03

$0.00

$000

$0.00

$000

$0.00

$000

$0.00

$6.95

$3.94

$2.83

$2.00

$3.85

$2.06

$2.10

$2.49

$1.88

$3.58

$3.57

$4.32

$2.59

$1.72

$0.58

$4.93

$5.22

$282

$3.29

$4.05

$3.82

$1.41

$3.23

$3.78

$6.94

$3.94

$2.82

$2.00

$3.85

$2.06

$2.10

$2.48

$1.36

$1.78

$1.52

$131

$1.35

$0.75

$0.25

$0.03

$0.05

$0.00

$0.01

$001

$0.01

$0.00

$000

$0.00

$000 o

$0.00

$000

$0.00

$000

$0.00

EXHIBIT B Termination Agreemeni DATA FROM ISO AND Px CALCULATION*

HOUR GPCS GPW GC "NDIM ",ID.*.*

Total Total Total I: *,*,

J;.'.4",,

2xz',*

I kWh kWh kWh PX HOURLY DAY AHEAD EPCE GMMCS GMMW GMMC 0.355.

GMMCS GMMW GMMC MMM M

GMM

"PX*

GMM GMM GMM I Hourly PrIcel LOSSES LOSSES LOSSES 24 0710912000 0

4.974 1 07110/2000 0

4,971 2 07110/2000 0

4.971 3'07Ii(/2000 0

4,971 4 07110/2000 0

4,971 5 07110/2000 0

4,974 6 0711012000 0

4,971 7 07110d2000 0

4,971 8 0711012000 0

4,971 9 07/10/2000 0

4,968 10 07/10/2000 0

4,971 11 0711012000 0

4,968 12 07/101200b 0

-4.971 13 07/10/2000 0,

40971 14 07110/2000 0

4,971 15 07/1012000 414 4,971 16 07/10/2000 1,728 4,974 17 07/10/2000 2,862 4,974 18 07/10/2000 3,528 4,974 19 07110/2000 6,444 4,974 20 07110/2000 8,964 4,971 21 07110/2000 10,980 4,974 22 07/10/2000 10,332 4,971 23 07110/2000 9,486 4,971 24 07110/2000 9,144 4,971 1 07/111/2000 7,956 4,974 2 07111/2000 4,572 4,974 3 07/111/2000 2,592.

4,974 4 07/11/2000 2,682 4,974 5 07/11/2000 2,718 4,974 6 07111/2000 666 4,974 7 07/111/2000 36 4,974 0

'0 0

0 0

21 0

0 0

0 "0

0 0

0 21 147 420 1,470 2,499 2,247 1,827 924 336 0

0 0

0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0,02988 0.03005 0.03019 0.03075

~0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008

-0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 0.967 0.964 0,987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991

'0.988 0.98 0.987 0.977 0.986 0.956 0.978 0.974

-0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 0.987 0.981

'0:968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988' 0.999 0.996 0.976 0.966 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 o.989 0.989 0.989 0.989 0.989 0.989 0.989

0.989 "0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.089 0.989 0.989 0.989 0.989 0.989

$35.09

$38.45

$36.18

$36.46

$43.75

$50.85

$51.42

$51.44

$5`1.46

$52.92

$53.03

$53.24

$54.26

$55.73

$57.34

$63.24

$75.54

$84.71

$90.21

$108.59

$127.72

$124.55

$112.08

$113.03

$117.19

$117.40

$82.77

$62.27

$70.33

$7&64

$58.34

$51.84

$0.00

$1.88

$0.00

.$0.00

$3.57

$0.00

$3.57

$0.00

$4.31

$0.00

$2.59

-$ 0.00

$0.00

$1.72

ý $000

$0.00

$0.58

$0.00

$4.93

$00 o

$0.00

$5.22

$0.00

$2.82

. $0.01

$0.00

$3.29

$000

$0.00

$4.05

$000

$0.00

$3.82

. $0.00

$0.00

$1.41

$0.00

$3.23

$0.00

$0.18

- $3.78

$0.00

$0.77

$6.95

$0.00

$1.92

$3.94

$0 00

$1.27

$2.82

$0.00

$1.90

$2.00

. $0.00

$4.85

$3.84

$0.01

$3.59

$2.06

$0.06

$2.28

$2.10

$0.09

$4.17

$2.48

$0.32

$2.36

$1 88

$0 55

$5.55

$3.58

$0.54

$2.34

$3.57

$0.41

$2.62

$4.32

$021

"$1.60

$2.59

$0.09

$1.25

. $1.72-

$0.00

$0.02

$058'..

$000

$0.03

$4.93

$0.00 PAGE 8 l

I m

"EXHIBIT B-,,

Termination Agreement.

DATA FROM ISO AND PX CAL.ULAIONS HOUR GPCS GPW NOIN,' D,*. 4E-:';I Total Total kWh kWh Total kWh l'A t1UUl(LY DAY AHEAD PRI.IF:=

PRIflF GMMCS GMMW GMMC 0.355 ]

GMMCS GMMW GMMC GMM

.MM GMM

PX*

GMM GMM GMM Houry PuceI LOSSES LOSSES LOSSES 8 07/1112000 72' 4,977 9 07/1112000 846 4,977 10 07111/2000

.1,098 4,974 11 07/111/2000 7,470 4,977 12 07/111/2000 4,104 4,977 13 07111/2000 3,456 4,974 14 07/11/2000 2,970 4,980 15 07/11/2000 6,084 4,974 16 07/11/2000 7,884 4,974 17 07/11/2000 5,328 4,974 18 07/111/2000 7,506 4,974 "19 07/111/2000, 3,798 4,974 20 07/11/2000 3,870 4,974 21 07/11/2000 6,804 4,974 22 07/1112000 5,850 4,971 23 07111/2000 9,306 4,971.

24 07/11/2000 10.800 4,974 1 071/12/2000 14,076 4,971 2 07112/2000 12,924 4,971 3 07112/2000, 14.148 4,968 4 07/12/2000 14,184 4,968 5 07/12/2000 14,256 4,971 6 07/12/2000 17,478 4,968 7 07/12/2000 17,730 4,968 8 07112/2000 19,4914 4,965 9 07/12/2000 18,882 4,968.

10 07112/2000 17,316 4,962 11 07/12/2000 16,812 4,968 12 07/12/2000 19.044 4,965 13 07/12/2000 22,212 4,965 14 07/12/2000 21,078 4,968 15 07/12/2000 19,422 4,965 0

0 0,

0 0

0 42 441' 462 588 1.260 1.533 2,310 3,486 3,045 4,515 5,859 6.216 5,439 5,817 6,510 7,014' 6,930 8,148 8,652 8,820 9,555 9,555 8.274 7,413 9,261 9,534 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158

, 0.03249 0,03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987' 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 003158 0.03249 0.03308 0.967 0.987 0.968 0.978 0.987 0.997 0:988 0:987 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.987 0.968 0.975 0.951 0.976 0.984 0.999 0.976 0.967 0.987 0.968 0.978 0.987 0.997 0.988 0.987 PAGE 9 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.981 0.967 0.965 0.958 0.979 0.988 0.996 0.966 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.989 0.989 0.989 0.989' 0.989 o:ga98 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989.

0,989 0.989 0.989 0.989

$52.27

$61.77

$64.77

$133.40

$99.13

$94.51

$92.18

$135.04

$150.13

$117.72

$145.79

$98.01

$102.08

$118.07

$98.84

$133.36

$152. 60

$195.42

$169.81

$182.87

$225.84

$268.29

$303.89

$319,20

$342,76

$346.54

$339.59

$335.83

$352.41

$387.79

$407.23

$398.35

$0.07

$0.33

$1.06

$4.96

$1.64

$0.33

$1.16

$2.62

$3.50

$3.57,

$2.69

$1.12

$2.10

$2.22

$1.29

$4.09

$2.79

$9.81

$6.62

$14.32'

$8.44

$6.57

$0.51

$12.40

$18.76

$7.33

$16.65

$11.17

$7.61

$2.10

$8.22

$8.35

$5,22

$2.83

$3.29

$4.06,

$3.83

$1.41

$3.24

$3.78

$6.95

$3.94

$2.82

$2.00

$3.85

$2.06

$2.10

$2.48

$1.88

$3.57

$4,31

$2.59.

$1.72

$0.58

$4.92

$5.21

$2.82

$3.28

$4.05

$3.82

,$1.41

$3.23

$3.78

$0.00

$0.02

$0.16

$0.20

$0.41

$0.45

$0.66

$0.84

$0.67

$0.99

$1.28

$1.49,

$1.23

$1.32,

$1.78 pp

$2.22

$2.61

$278

$2.90

$3.16

$3.17

$280

$258

$3.31

$347 S......

I IIIV*

EXHIBIT B Termination Agreement DATAFROMISO AND EX CALCUtAflQN HOUR.-

GPCS GPWV

PIN,

.DA Total Total 4

kWh kWh GC PX HOURLY Total DAY AHEAD kWh PRICE GMMCS GMMVV GMMC 0.355 GMMCS GMMW GMMC GMM GMM GMM I

GPX GMM GiM

GMM, LMHourlPrce LOSSES LOSSES LOSSES 16 07112/2000 17,568 4.971 17 07112/2000 17,046 4,968 18 07/12/2000 16,020 4.971 19 07112/2000 15,930 4,971 20 07/12/2000 14,112 4,974 21 07/12/2000 18,522 4,974 22 07/112/2000 19,332 4,971 23 07/12/2000 19,332 4,974 24 07/12/2000 19,746-4,977 1 07/13/2000 20,016 4,974 2 07/13/2000 20,016 4,974

.3 07/13/2000 20,378 4,977 4 07/13/2000 19,818 4,977 5 07113/2000 17,658 4,977 6 07/1312000 17,442 4,977 7 07/13/2000 16,758 4,974 8 07/13/2000 15,948 4,977 9 07/13/2000 15,948 4,977 10 07/13/2000 15,120 4,974 11 07/13/2000 14,022 4,977 12 07/13/2000 12,078 4,977 13 07/13/2000 9,774 4,974 14 07/13/2000 8,622 4,974 15 0711312000 6,102 4,977 16 07113/2000 5,562 4,974 17 07/13/2000 6,930 4,974 18 07/13/2000 5,220 4,971 19 07113/2000 3,816 4,974 20 07/13/2000 3.078 4,974 21 07/13/2000 1,584 4,974 22 07/13/2000 342 4,971 23 07/13/2000 1,008 4,971 10,311 10,941 9,324 "7,287 9.534 9,072 8,631 9,765 10,731 11,319 11,319 10,353 10,836 10,290 9,744 9,282 10,815' 12,390 11,697 12,054 11,403 9,471 9,072 7,602 6,069 5,775 5,565 3,969 3,696 2,961 2,268 1,596 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978

'0.987 0.968 0.975 0.951 0.976 0.984 0.999 0:976 0.967 0.987 0.968 0.978 0.987 0.997 0.988 0.987

.0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 PAGE 10 0.956 0F97"4 0.981 0.985 0.97 0.981 0.979 0.975 0.9861

'0.967 0.965 0.958 0.979

'.988 0.996 0.966 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.989 0.989

.0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989

'0.989 0.989 0.989 0:989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.956

- 0.989 0.974 0.989 0.981-0.989 0.985 0.989 0.97 0.989 0.981 0.989 0.979 0.989 0.975 0.989 w

U,

$370.26

$356.24

.$321.67

$268.08

$261.93

$251.93

$23j4.77

$241.78

$250.09

$280.87

$264.24

$261.88

$313,57

.$336.63

$332.72

$320.94

$328.57

$353.39

$339.14

$332.81

$310.65

$271.52

$261.45

$219.38

$187.16

$191.11

$167.19

$121.34

$107.52

$73.63

$54.04

$53.76

$7.81

$11.42

$5.75

$4.69

$7.64

$6.05

$4.27

$8.50

$5.10

$13.96

$10.26

$20.63

$11.79

$8.14

$0.51

$11.72

$15.35

$6.19

$14.54

$9.31

$4.83

$0.93

$3.36

$2.62

,$2.47

$4.64

$1.87

$1.12.

$1.67

$0.52

$0.08

$0.44

$6.94

$3.93

$2.82 S$2.00

$3.85

$2.06

-$2.10

$2.49

$1.88

$3.58

$3.57

"$4.32

$2.59

$1.72 sq.58

$4.93

$5.22

"$2.83

$3.29

$4.06 A

$3.83

$1.41

$3.23'

$3.79

$6.95 3.94

$2.82

$2.00

$3.85

$2.06

$2.10

$2.48

$3.60

-$3.66

$3.07

$2.15

$2.70

'$2.17 1$1.91

$2.15

$2.35

$2.71.

"$2.55"*

$2.35 *

$2.95"

$3.26 -'

$3.12"

$2.98

$3.47

$4.07

$3.87

$4.00

$386 F

$3.29

$3.24

$2.77

$2.12

$1.93

$1.83

$1 17

$105

$0.71

$0.50

$0.35 I

EM AFO'IOADP

EXHIBIT B Termination Agreement

~ALCULATflN DATA FROM ISO AND PX IHOUR 1

GPCS GPW NDIN.,;.PATE:

Total Total I-Wi kWh GC PX HOURLY Total DAY AHEAD kWh ERCE GMMCS GMMW GMMC 10.355 GMMCS GMMVV GMMC o

MMCMM QwM IPX'I GMM GMM GMM IHouprIcel LOSSES LOSSES LOSSES 24 07/13/2000 1,062 4,974 1 071!4/2000 11,818 4,968 2 07114/2000 1,656 4,971, 3 07/14/2000 1,638 4,968 4 07/14/2000 1,584 4,968.

5 07/14/2000 2,538 4,968 6 07114/2000 3,798 4,965 7 07/14/2000 6,120 4,968 8 07/14/2000 7,992 4,965 S9 07/1412000 8,712 4,965 10 07/14/2000 11,088 4,968

-1 11 07/14/2000 10,638 4,965 S12 0711412000 10,584 4,965 13 07/1412000 9,108 4,968 14 07/14/2000 11,052.

4,965 15 07114/2000 12,852 4,968 16 07/14/2000 13,518 4,971 17 07/14/2000 13,410 4,968 18 07114/2000 15,498 4,971 19 07114/2000 17,190 4,971 20 07114/2000 18,486 4.968 21 07114/2000 18,648 4,971 22 07114/2000 18,990 4,971 23 07/14/2000 19,134-4,968 24 07/14/2000 19,728 4,974 1 07115/2000 19,566 4,971 2 07/15/2000 19,008 4,971 3 07/15/2000 16,704 4,968 4 07/15/2000 13,104 4,971 5 07/15/2000 12,420 4,971 6 07/15/2000 9,000 4,971 7 07/15/2000 8,262 4,971 1,827 2,856 3,360 4,074 5,271 5,481 6,237.

7,!1o 7,686 7,602 7,896 8,841 9,828 9,576 9,156 8,799 9,303 9,534 8,904 8,106 9,660 9,303 9,681 11,130 12,348 12,243 11,949 11,991 11,718 10,122 9,933 9,051 0.01987, 0.02179, 0.0205.

0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158, 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0.981 0.989 0.968 0.967-0.989 0.975, 0.965 0.989 0.951 0.958 0.989 0.976 0.979 0.989 0.984 0.988.

0.989 0.999 0.996 0.989 0.976 0.966 0.989 0.967 0.964 0.989 0.987 0.981 0.989 0.968 0.978 0.989 0.978 0.973 0.989 0.,87 0.975 0.989 0.997 0.991 0.989 0.988 0.98 0.989 0.987 0.977 0.989 0.986 0.956 0.989 0.978 0.974 0.989.

0.988 0.981 0.989.

0.989 0.985 0.989 0.979 0.97 0.989 0.985 0.981 0.989 0.989 0.979 0.989 0.978 0.975 0.989 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965-'

0.989 0.951 0.958 0.989.

0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966 0.989 PAGE 11

$55.46

$74.59'

$72.68

$78.33.

$104.05

$132.78

$155.17

$188.85

$213.69

$225.71

$255.51

$261.98

$277.02

$265.16

$290.34

$312.60

$313.25

$301.72

$311.68

$287.85

$303.06

$254.67

$239.81

$250.02

$261.35

$284.5 1

$261.47

$246.89

$262.19

$281.29

$247.28

$230.60

$0.27

$1.27

$0.85

$1.66

$0.94

$1.17

$0.11

$4.28

$7.69

$3.38

$10.66

$7.07

$4.23

$0.86

$4.31

$5.53

$6.01

$8.98

$5.56.

$5.07

$10.01

$6.10

$4.19

$8.41

$5.10

$13.64

$9.74

$16.91

$7.80

$5.72

$0.26

$5.78

$1.88

$0.40

$3.57,

$0.68,

$3.57

$0.76

$4.31

$093

$2.59

$1.44

$1.72

$1.,74

$0.58

$2.00

$4.92

$2.30

$5.21

$2,47

$2.82,

$2.50

$3.28

$2.61

$4.05

$2.94

$3.82

$3.32

$1.44:

$3.33

$3.23,

$3.27

$3.78

$3 20

$6.94

$3.25

$3.93

$3-19

$2.82

$2.93

$2.00,

$2.39

$3.84

$2.74

$2.06

$2.23

$2.10

$2.14

$2.48

$2.45

$1.88

$2.70

$3.57

, $2.93

$3.57-

$2.69

$4.31

$2.73

$2.59

$320

$1.72

$3 21

$0.58

$3.1B

$4.93

$2.90 I

EXHIBIT B Termination Agreement SDATA FROM ISO AND PX CALCULATIONS F

I GPCS GPW

.DtN DT Total Total GC Total kWh PX HOURLY DAY AHEAD PRICE GMMCS GMMW GMMC I

0.M355 IGMMCS GMMW GMMC GMM MM QMM

PX*

GMM GMIM '

GMM Hourly Prlce LOSSES LOSSES LOSSES 8 07115/2000 8,496 4,971 9 07/15/2000 9,846 4,968 10 07115/2000 9,324 4,971 11 07/1512;000

.6,714

'4,968 12 07/1512000 3,546 4,968 13 07/1512000 1,170 4,968 14 0711512000 1,260 4,968 15 07/15/2000 1,152 4,965 16 07/15/2000

'1,242 4,968

t.

17 07/15/2000 324 4.968 18 07/15/2000 72 4,968 is 19 07115/2000

.18 4,965 S20 0711512000 144 4,968 21 07/1512000 468 4,965 22 07/15/2000 270 4,965 23.07115/2000 198 4,968 24 07/15/2000 216' 4,962 1 071/16/2000 324 4.965 2 0711612000 396 4,962 3 07/16/2000 342 4,965 4 07116/2000 648 4,962 5 07/16/2000 1,J52 4,962 6 07/1612000 918 4,962 7 07116/2000 1,710 4,962 8 07/16/2000 4,410 4,962 9 07/1612000 7,182 4,962 10 07/16/2000 -10,746 4,962 11 07/16/2000 13,014 4,962 12 07/16/2000 13,860 4,962 13 07/16/2000 13,842 4,962 14 07116/2000 14,130 4,962 15 07/16/2000 14,580 4,962 9,093 9,156

.8,778 9,282 8,442 8,064 8,106 5,838 3,990 5,460 4,599 2,541 1,911 1,638 1,869 1,155 2,163 1,365 945 1,554

'2,961 3,738 4,599 4,977 6,300 6,993 6,930 7,686 8,253 10,206 10,983 10.710 0.02916

.0.02988 0.03005 0.03019 0,03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02969 0.02679 0.02578 0.02179 0,02008 0.01999 0.01987 0.02119 0.0205 0.02066 0.02479 0.0288, 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.967 0.964 0.989 0.987 0.981 0.989 0.968 0.978 0.989 0.978 0.913

,0.989 0.987 0.975 0.989 0.997 0.991 0.989 0.988 0.98 0.989

0.987 0.977

,0.989 0.986 0.956

,0.989 0.978 0.974 0.989.

0.988 0.981 0.989

.0.989 0.985 0.989

.0.979 0.97

.0.989 0.985 0.981 0.989 0.989 0.979 0.989 0.978 0.975

'0.989 0.987 0.981

-0.989 0.968 0.967 0.989

,0.975 0.065 0.989 0.951

.0.958 0.989 0.976 0.979

,0.989 0.984 0.988

.0.989 0.999 0.996 0.989 0.976 0.966 0.989 0.967 0.964 0.989 0.987 0.981 0.989 0.968 "0.978 0.989 0.978 0.973 0.989 0.987 0.975.

0.989 0.997 0.991 0.989 0.988 0.98 0.989 0.987 0.977 0.989

$233.54

$254.26

$246.14

"$224.68

$185.10

$159.22

$165.33

$140.39

$114.97

$116.23

$102.28

$71.56

$64.27

$54.70

$50.64

$44.86

$51.78

$51.47

$45.87

$50.32

$75.43

$100.73

$108.40

$120.55

$162.23

$202.99

$241.50

$275.03

$295.56

$325.23

$346.88

$355.26

$8.18

$3.82

-$8.97

$4.46

"$1;42

$0.11

$0.49

$0.50

$0.55

$0.22

$0.03

$0.01

$0.08

,$0.15

$0.06

,$0.09

$0.06

$0.23

$0.20

$0.35

'$0.39

$0.53

$0.03

$1.20

$4.24

$2.79

$10.33

$8.64

$5.54

$1.31

$5.51

$6.27

$5.22

$2.92

$2.82

.$3.01

-$3.29

$2.90

'$4.05

$3.08

$3.82

$2.86 4$1.41

$2.80

,$3.23

$2.90

$3.78

$2f12

$6.94.

$1.39

$3.93

$1.83.

-$2.82

$1,5f

$2.00

.$0.75

-$3.84

$0.54(;

.$2.06

$0.39

, $ý.09

'$041.

$2.48

'$0.25

'$1.87

$0.47

ý,$3.57

$0.33 t$3.56

$0.21

-$4.31

$0.35

$2.58

$0.81

$1.71

$1.18

$0.58

$1.47

$4.92'

,$1 60

$5.21

$2.02

$2.82

$2.30

$3.28

$2.29

$4.04

$2.55

$3.81

$2.79

$1.41

$3.55

$3:22

$3.93

$3.78

$3.90 PAGE 12 km EM

EXHIBIT 6 Termination Agreement DATA FROM ISO AND PX CGALCULATIONS HOUR GPCS l2 pKq',

Total GPVV Total kwh GC Total kWh PX HOURLY DAY AHEAD PRICE GMMCS GMMW GMMC 0 o.355 oMMcS GMMW GMMC MM oPd I LOSE GMM GMM GLSMS iHouqdyrcel LOSSES LOSSES LOSSESI 16 07/16/2000 14.238 17 07116/2000 15,840 18 07116/2000 15,462 19 07/16/2000 15,192 20 07/16/2000 14,724 21 07116/2000 14,706 22 07116/2000 14,688 23 07/16/2000 15,372 24 07116/2000 15,102 1 07/17/2000 14,022 2 0711712000 10,476 3 07/17/2000 7,038 S4 07/17/2000 5,454 00 5 07/17/2000 2,970 6 0711712000 1,350 7 07117/2000 1,044 8 07/17/2000 1,098 9 07/17/2000 990 10 07/17/2000 450 11 07117/2000 18 12 07117/2000 360 13 07/17/2000 306 14 07/17/2000 558 15 07/17/2000 486 16 07/17/2000 684 17 07/17/2000 990 18 07/17/2000 1,098 19 07/17/2000 720 20 07/17/2000 1,278 21 07/17/2000 846 22 07/17/2000 990 23 07/17/2000 882 4,962 4,959 4,962 4,962 4,962 4,959 4,962 4,962 4,962 4,962 4,962 4,962 4,959 4,962 4,959 4,962 4,956 4,959 4,953 4,953 4,950 4,950 4,947 4,950 4,953 4,965 4,968 4,968 4,965 4,968 4,965 4,965 9,282 8,631 8,526 7,980 8,946 8,043 7,245 7,224 7,203 8,358 8,421 7,980 7,077 6,279 4,998 2,940 2,961 2,394 3,360 3,087 2,121 1,701 1,470 777 1,344 1,512 735 525 231 525 2,016 2,772 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.987 0.968 0.975' 0.951 0.976 0.984 0.999 0.976 0.967 0.987 0.968 0.978 0.987 0.997 0.988 0.987 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.981 0.967 0.965 0.958 0.979 0.988 0.996 0.966 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.989 0.989 0 989 0.989 0.989 0.989 0.989 0.989 0 989 0.989 0.989 0.989 0989 0 989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0,989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989

$321.03

$318.13

$307.19

$267.57

$262.04

$214.33

$191.72

$195.56

$192.34

$211.50

$173.63

$146.54

$153.92

$145.29

$116.97

$92.58

$93.32

$88.50

$93.48

$86.36

$81.12

$77.99

$80.45

$72.96

$78.68

$80.72

$72.17

$59.09

$59.25

$49.04

$56.82

$61.16

$6.33

$10.61

$5.55

$4.48

$7.97

$4.81

$3.24

$6.76

$3.90

$9.78

$5.37

$7.12

$3.24

$1.37

$0.04

$0.73

$1.06

$0.38

$0.43

$0.01

$0.14

$0.03

$0.22

$0.21

$0.30

$0.66

$0.39

$0.21

$0.69

$0.28

$0.22

$0.39

$6.93

$3.93

$2.82

$1.99

$3.84

$2.05

$2.09

$2.48

$1.87

$3.57

$3.56

$4,31

$2.58

$1.74

$0.58

$4.92

$5.20

$2.82

$3.27

$4.04

$381

$1.41

$3.21

$3.77

$6.92

$3.93

$2.82

$2.00

$384

$2.06

$2 09

$2.48

$324

$2.89

$2.80

$2.35

$2.54

$1.93

$1.60

$1.59

$1.57

$2.00

$1.90

$1.81

$1.93

$1.99

$1060

$0.94

$1.95

$079

$1.11

$1.03

$072 p

$0.59

$0.53

$0.28

$047

$0.51

$024

$0.15

$0 07

$0.13

$045

$061 PAGE 13 um M

ERM

EXHIBIT B Termination Agreement.

DATA FROM ISO AND PX CAL CIIIATIONS HOUR

GPCS I lDu

, DAu1j;,,, '1 Total I

kWh GPW Total kWh GC Total kWh PX HOURLY DAY AHEAD PRICE GMMCS GMMW GMMC 0.355 GMMCS GMMW GGMMC GMM GMM MM

PX*

GMM GMM GMM I*

IHudy PdceIlLOSSES LOSSES LOSSES 24 0711712000 702 1 07/18/2000 1.008 2 07/18/2000 900 3 07/18/2000 702 4 07/18/2000 234 5 07118/2000 396 6 07118/2000 468 7 07/18/2000 1,062 8 07/18/2000 1,530 M

9 07/18/2000 2,034 S10 07/18/2000 6,678 F.

11 07/18/2000 6.840

,)

12 07/18/2000 8,118 13 07118/2000 9.540 14 07/18/2000 9,774 15 07118/2000 9,882 16 07/18/2000 8,784 17 0711812000 9,108 18 07/18/2000 9,306 19 07118/2000 8,496 20 07/18/2000 7.956 21 07118/2000 7,740 22 07118/2000 8,478 23 07/18/2000 10,260 24 07118/2000 11;754 1 07119/2000 11,610 2 07/19/2000" 12,240 3 07/19/2000 11,916 4 07/19/2000 11,718 5 07/19/2000 11,376 6 07/19/2000 11,772 4,968 4,965 4,962 4,965 4,962 4,962 4,959 4,962 4,956 4,956 4,956 4,959 4,959 4,959 4,959 4,956 4,947 4,941 4,935 4,938 4,935 4,932 4,926 4,926 4,923 4,917 4,914 4,908 4,911 4,905 4,902 7 07119/2000 12,330 4,905 3,297 3,255 3,381 4,116 3,297 2,835 3,801 3,528 4,599 4,179 4,977 5,712 7,161 6,405 5,523 5,922 5,502 5,775 6,342 5,859 6,762 6,615 6,111 6,111 6,636 7,329 7,056 7,602 7,875 7,413 7,098 6,993 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988

.0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02068 0.01999 0.01987 "0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965 0.989 0.951

'0.958 0.989 0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966

-0.989 0.967 0.964

'0.989 0.987

-0.981

'0.989

'0.968 0.978 0.989 0.978 0.973 0.989 0.987 0.975 0.989

'0.997 0.991 0.989 0,,988 0.98 0.989 0.987 0.977 0.989 0.986 0.956 0.989 0.978 0.974 0.989 0.988 0.981 0.989 0.989 0.985 0.989 0.979 0.97 0.989 "0.985 0.981 0.989 0.989 0.979 0.989 0.978 0.975 0.989 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965 0.989 0.951 0.958 0.989" 0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966 0.989

$63.25

$71.38

$67.27

$71.75

$74.74

$83.77

$95.46

$98.85

$114.75

$118.47

$177.20

$187.67

$220.92

$234.35

$233:63

$243.79

$216.78

$214.29

$218.41 1$183.49

$179.86

$149.19

$139.11

$151.13

$164.45

$184.54

$176.19

$179.15

$215.65

$242.25

$245.91

$250.72 PAGE 14

$0.18

$1.88

$0.72

$0.70

$3.57

$0.78

$0.46

$3.56

$0.76

$0'71

$4:31

$0.94

$0.14

$2.58

$0.90

$0.18

$1.71

$0.90

$0.01

$0.58

$1.22

$0.74

$4.92

$1.13

$5.20

$1.48

$0.79

$2.81

$1.37

$6.42

.$3.28

$'1.65

$4.54

$4.04

$1.90

$3.25

$3.81

$2.42

$0.90

$1.41

$2.22

$3.81

$3.22

$1.97

$4.25

$3.77

$2.15

$3.90

$6.91

$1.92

'$6.10

$3.91

'$1.93

$3.34

$2.80

'$2.09

$2.50

'$1.98

°$1.73

$4.31

" $3'.82

$1.92,

$2.53

'$2.04

$1.59

$1.87

$2.08

$1:35

$4.51

$2.46

$1.34

$3.04

$1.86

$1.45

$8.10

$3.54

$1.76 i6.27 t$3.53

$1.59

$12.06

$4.26

$1.73

$6.97

$2.56

$2.15

$5.24

.. $1.70

$235

$0.34

$0.57.

$2 28

$8.63

$4.86

$2.24

EXHIBIT B Termination Agreement DATA FROM ISO AND PX HOUR I.*:IGC MIplN DAIs:

Total 8 07/19/2000 12,384 9 07/19/2000 11,736 10 07/19/2000 9,180 11 07119/2000 7.542 12 07/1912000 5,364 13 07/19/2000 3,996 14 07/19/2000 1,800 15 07/1912000 1,836 16 07/19/2000 684 07/19/2000 360 18 07/19/2000 72

,v 19 07/1912000 72

.L 20 07/19/2000 0

C 21 07/19/2000 0

22 07/19/2000 0

23 0711912000 0

24 07/19/2000 0

1 07/20/2000 90 2 07/20/2000 72 3 07/20/2000 576 4 07/20/2000 2,304 5 07/20/2000 2,466 6 07/20/2000 3,456 7 07/20/2000 4,104 8 07/20/2000 7,380 9 07/20/2000 8.586 10 07120/2000 8,424 11 07/20/2000 10,206 12 07/20/2000 11,322 13 07/20/2000 12,150 14 07/20/2000 13,734 15 07/20/2000 14,472 rvvV Total kWh 4,911 4.908 4,902 4,902 4.899 4,893 4,914 4,911 4,929 4,938 4,944 4,953 4,959 4,950 4,944 4,944 4,947 4,944 4,941 4,938 4,935 4,926 4,920 4,917 4,911 4,905 4,902 4,896 4,893 4,896 4.893 4,890 Total kWh 6,762 6,216 6,762 6,174 4,956 2,499 1,869 1,722 2,520 1,218 483 147 231 315 42 0

105 84 861 1,617 2,079 2,016 2,352 2,982 4,851 6,909 7,182 6,363 4,746 5,544 6,153 6,153 P, HOUURLY DAY AHEAD PRIQF' 002916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 002479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 CALCULATIONS GMMCS GMMW GMMC 0.3551: GMMCS.

GMMW GMMC S.MM

.MM PX"i GMM GMM GMM Houry Prcej LOSSES LOSSES LOSSES 0.967 0.987 0.968 0.978 0.987 0.997 0.988 0.987 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.987 0.968 0.975 0.951 0.976 0.984 0.999 0.976 0.967 0.987 0.968 0.978 0.987 0.997 0.988 0.987 0.964 0.981 0.978.

0.973 0.975 0.991 0.98 0.977 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.981 0.967 0.965 0.958 0.979 0.988 0.996 0 966 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0 989 0.989 0989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989..

0.989 0.989 0.989 0.989

$249.03

$242.49

$222.36

$199.54

$166.13

$127.67

$99.00

$99.45

$91.67

$70.44

$58.35

$49.19

$47.50

$40.73

$35.54

$35.08

$35.64

$39.59

$42.75

$52.30

$82.00

$96.19

$110.98

$124.21

$177.45

$216.39

$218.77

$230.05

$228.82

$253.25

$285:81

$299.63

$11.92

$4.56

$8.83

$5.01

$2.14

$0.38

$0.70

$0.79

$0.30

$0.24

$0.03

$0.02

$0.00

$000

$0.00

$0.06

$0.04

$0.58

$1.37

$1.14

$0.10

$2.87

$7.10

$3.34

$8.10

$6.78

$4.53

$1.15

$535

$622

$5.16

$2.79

$324

$4.00

$3.77

$1.39

$3.19

$3.74

$6.89

$3.91

$2.81

$1.99

$3.84

$2.06

$2.08

$.47

$187

$3.56

$3.55

$4.28

$2.57

$1.70

$0.57

$4.87

$5.16

$2.78

$3.24

$3.99

$3.76

$1.39

$318

$3.72

$2.17

$2.04'

$2.24

$205

$1.68

$0.87

$067

$0.63

$0.88

$0.41

$0.16

$004

$0.07

$008

$0.01

$0.00

$0.02

$019

$037

$0 57'

$0.64

$0.75

$096

$1.56

$2.27

$2.37

$2.11

$1.61

$1.93

$220

$224 PAGE 15 hm S..... i

--Artti LID Termination Agreement CALCULATI.ON DATA FROM IS0 AND PX I 0.355 GMMCS GMMW GMMC

PX*

GMM GMM GMM Hourly Price LOSSES LOSSES LOSSES 16 07120/2000 14,148 4,884 17 0712012000 13,212 4,887 18 07/20/2000 13.770 4,881 19 07/20/2000 15,678 4,872 20 07/20/2000 16,848 4,872 21 07/20/2000 16,290 4,872 22 07/2012000 15,336 4,875 23 07/20/2000 16,326 4.875 24 07/20/2000 16,434 4,881 S1 07/21/2000 15,642 4,890 2 07/21/2000 14,148 4,893 "Z.

3 07/21/2000 13,230 4,893 S4 07121/2060 13,338 4,890 5 07/21/2000 12,186 4,884 6 07/2112000 11,088 4,881 7 07/21/2000 11,232 4,878 8 07/21/2000 12.420 4,872

§ 07/21/2000 8,622 4,869 10 0"7/21/2000 6,102 4,866 11 07/2112000 3,618 4,869 12 07/21/2000 1,872 4,860 13 07121/2000 2,358 4,860 14 07/21/2000 1,854 4,854 15 07/21/2000 1,674 4,860 16 07/21/2000 702 4,857 17 07,21/2000 414 4,869 18 07/2112000 486 4,884 19 07/21/2000 72 4,884 20 07/21/2000 0

4,890 21 07/21/2000 126 4,887 22 07/21/2000 216 4,887 23 07/21/2000 162 4,884 7,497 7,938 9,324 9,156 9,765 9,492 9,723 10,584 10,899 9,408 9,849 10,101 10,542 10,143 9,996 9,114 7,329 6,300 5,124 2,961 1,932

.1,869 1,743 1,281 882 378 168 0

0 0

336 63 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 "0.0205 0.02066 0.02479

'0.0288 o.b2914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.987 0.968 0.975 0.951 0.976 0.984 0.999 0.976 0.967 0.987 0.968 0.978 0.987 0.907 0.988 0.987 0.986

.0.978

'0.988 0.989 0.979 0.985 0.989 "0.978 PAOE 16 0.956 0.974 0.981 0.985 0.97 0.981 0.979 0.975 0.981 0.967 0.965 0.958 0.979 0.988 0.996 0.966 0.964 0.981 0.978 0.973

'0.975 0.991 0.98 0.977 0.956 0.974 0.981 0.985 0.97 0.981.

0.979 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.975 0.989

$299.01

$281.45

$296.84,

$282.52

$288.15

$237.12.

$213.38

$225.56

$227.23

$231.60

$210.25

$207.00

$253.19

$278.23

$268.60

$261.02

$254.87

$209.93

$171.67

$122.69

$94.58

$101.87

$97.47

$91.77

$72.60"'

$61.19

$58.76

$47.13

$44.75

$38.78

$38.77

$36.26

$6.29

$8.85

$4.94

$4.62

$9.12

$5.32

$3.39

$7.18

$4.25

$10.91

$7.25

$13.39

$7.94

$5.62

$0.32

$7.86

$11.95

,$3.35

$5.87

$2.40

$0.75

$0.22

-$0.72

$0.72

$0.31,

$6.82

$3.87

$2.77

$1.96

$3.77

$2.02

$2.06

$2.44

$1.84

$3.52

$3.51

$4,25

$2.55

$1.69

$0,57

$4.83

$5.11

$2.76

$3.22

$3.97

$3.74

-$1.38

$3.15

$3.70

"$6.79

$2.62

$2.66

$3.07

$2.70

$2.77

$2.28

$2.15 b

$2.33

$2.38

$2.26

$2.22.,

$2.30,."

$2,;87,,

$3.21

$3.20:

$2.92.

$2.35

$207

$1.69

$098

$0.65

$065 p

$0.62

$047

$0.31

$0.28

$3.85

$0.13

$0.17.'

- $2.77"

$006

$0.02

$1.96

$000

$0.00

$3.78

$0.00

$0.04-

$2.02

$0.00

$0.05

$2.06

$0.07

$2.44

$0.01

EXHIBIT B.

Termination Agreement DATA FROM ISO AND PX CALCULATION IHOUR GPCS

~DIN,9A'.*

Total I *,

-** **:*,-I kWh G3I-'VV Total kWh GC Total kWh PX HOURLY DAY AHEAD PRICE GMMCS GMMW GMMC 0.355 GMMCS GMMW GMMC GMM

-MM QMM

PX*

GMM GMM GMM Hourly PriceI LOSSES LOSSES LOSSES 24 07/21/2000 36 1 07/22/2000 252 2 07/22/2000 684 3 07/22/2000 630 4 0712212000 558 5 07/22/2000 1,116 6 07122/2000 2,214 7 07/22/2000 3,618 8 07/22/2000 5,166 9 07/22/2000 6,912 S10 07/22/2000 7,038 11 07/22/2000 6,696 12 07/22/2000 8,352 13 07/22/2000 8,262 14 07122/2000 8,964 15 07/22/2000 9,540 16 07/22/2000 10,638 17 07/22/2000 11,196 18 07/22/2000 11,016 19 07/22/2000 10,296 20 07/22/2000 6.840 21 07/22/2000 7,866 22 07/22/2000 8.604 23 07/22/2000 8,028 24 07/22/2000 7.794 1 07/2312000 9,126 2 07/23/2000 11,286 3 07/23/2000 12,024 4 07/23/2000 11,736 5 07/23/2000 11,250 6 07/23/2000 10.602 7 07/23/2000 8,550 4,884 4,878 4,869 4,869 4,860 4.857 4,851 4,848 4,842 4,842 4,839 4,839 4,848 4,851 4,854 4,860 4,875 4,860 4,860 4,860 4,866 4,875 4,866 4,869 4.872 4,884 4,887 4,884 4,890 4,890 4,884 4,887 0

0 168 1,155 1,827 819 1,071 1,974 2,877 3,171 3,423 3,864 4,662 5,187 5,481 5,796 6,279 5,796 5,985 5,943 5,313 5,334 5,502 5,523 5,313 6,342 7,266 7,308 6,804 5,733 5,481 6,426 0.01987 002179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0.968 0.975 0.951 0.976 0.984 0.999 0.976 0.967 0.987 0,968 0.978 0.987 0.997 0.988 0.987 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.987 0.968 0.975 0.951 0.976 0.984 0.999 0,976 0.981 0.967 0.965 0.958 0.979 0.988 0.996 0.966 0.964 0.981 0.978 0.973 0.975 0991 0.98 0.977 0.956 0.974 0.981 0.985 0.97.

0.981 0.979 0.975 0.981 0.967 0.965 0.958 0.979 0.988 0.996 0.966 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0989 0.989 0.989 0.989" 0.989 0.989 0.989 0.989

$34.70

$39.68

$41.63

$48.80

$63.76

$69.44

$84.16

$108.04

$133.38

$158.32

$163.22

$165.04

$194.99

$205.16

$222.59

$237.17

$245.62

$236.21

$231.97

$200.66

$155.76

$139.82

$135.24

$130.72

$126.82

$157.43

$170.58

$177.61

$206.19

$223.63

$216.90

$205.55

$0.01

$0.18

$0.35

$0.64

$033

$0.51

$0.06

$2.53

$4.97

$268

$6.77

$4.45

$3.34

$0.78

$3.49

$4.10

$4.73

$7.50

$3.95

$3.03

$3.70

$257

$1.90

$3.53

$2.01

$6.36

$5.78

$12.17

$6.98

$5.18

$0.31

$5.98

$1.84

$3.51

$3.49

$4.22

$2.53

$1.68

$0.57

$4.80

$5.08

$2.75

$3.20

$394

$3.73

$1.38

$3.15

$3.70

$6.81'

$3.85'

$2.76

$1.95

$3.76

$2.02

$2.05

$2.43

$1.84

$3.51

$351

$4.24

$2.55

$1.69

$0.57

$484

$0.00

$0.04

$0.26

$050

$0.26

$0.34

$063

$0.92

$1 04

$1.13

$1.28

$1.58

$1.80

$1.96

$2.11

$2.19

$1.94

$1.97

$1.75

$151

$1.28

$122

$1.21

$1.16

$1.52

$1.64

$1 66'

$1 86

$1 82

$176

$2 06 PAGE 17 t A m AA ERKE

EXHIBIT B Termination Agreement DATA FROM 10 AND PX V.IA IJOOWltULa]

HOUR.,.:.."

GPCS GPVV MD14 DAT I Total Total 1.J96.

S I

,hm km GC Total

'kWh PX HOURLY DAY AHEAD ERCE GMMCS GMMW GMMC

?0.355] GMMCS GMMvv GMMCI GM GMM GMM IPX',

GMM GMM G

[Hou Prce LOSSES LOSSES LOSSES 8 07/23/2000 8,730 4,872 9 07/23/2000 9,900 4,893 10 07/23/2000 11,088

-4,887 11 07/23/2000 10.584 4,872 12 07/23/2000 10,458 4,872 13 07/23/2000 9,918 4,872 14 07/23/2000 10,152 4,869 15 07/23/2000 9,954 4,866 16 07/23)2000 9,648 4,875 1 7 07/23/2b00 11,448 4,893 18 07/23/2060

'10,980 4,896 S19 07/23/2000 9,396 4,899 1,

20 07/23/2000 12,672 4,890 21 07/23/2000 12,654 4,896 22 07/23/2000 12,150 4,896 23 07/23/2000 i2,114 4,905 24 07/23/2000 14,850 4,896 1 07124/2000 13,770 4,896 2 07/24/2000 15,696 4,884 3 07/24/2000 17,982 4,704 4 07124/2000 17,946 "4,389 5 07/24/2000 17,892 4,386 6 07/24/2000 18,252 4.134 7 07/2412000 19,080 4,068 8 07/24/2000 19,566 4,062 9 07/24/2000 19,764 4,062 10 07/24/2000 19,638 4,062 11 07/24/2000 '19,548 4,167 12 07/24/2000 18,090 4,824 13 07/24/2000 19,170 4,836 14 07/24/2000 19,908 4,827 15 07/24/2000 19,386 4,839 5,943 5,628 5,418 5,187 5,292 5,271 4,557 5,040 4,872 3,234 1,659 1,764 2,478 13,171 4,305 6,090 6,573 6,363 8,799

.10,479 10,773 10,899 11,340 11,571 11,214 10,563 10,500 10,269 11,739 11,886 12,516 12,600 0.02916 0.02988 "0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02o08 0.01999 0.01987 0.02179 "0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.967 0.964 0.987 0.981

.0.968 0.978 0.978 0.973 0.987 0.975 "0.997 0.991 0.988 0.98 0.987 0.977 0.986 0.956 0.978 0.974 0.988 0.981 0.989

.0.985

,0.979 0.97 0.985

.0.981 0.989

.0.979 0.978 0.975 "0.987 0.981 0.968 0.967

- 0.975 0.965

.0.951

,0.958 60976 0.979 0.984

-0.988 0.999 0.996 0.976 0.966 0.967 0.964 0,987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991 0.988 0.98 0.987 0.977 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 "0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 "0.989 0.989 0.989 0.989 0.989 0.989

$202.33

$216.61

$228.22

$221.24

$225.11

$224.90

$225.81

$233.22

$218.61

$211.60

$186.06

$152.73

$183.40

$160.29

$152.20

$163.99

$185.65

$193.61

$213.81

$243.24

$291.37

$339.20

- $348.89

$359.28"

$360.68

$364.78

$364.84

$364.22

$378.28

$402.38

$429.65

$432.45

$8.40

$5:11

$1.91

$3.85

$2.78

$1.85

$10.66

'$3.23

$1.79

$7.03

$3.97

$1.72

$4.18

$3.75

$1:79

$0.94

$1.38

$1.83 I

$396

$3.16

$1.63

$4.28

$3.70

$1.83

$4.29

$6.81

$1.70

"$7.67

$3.87

$1.08

-$3.94

$2.78

$0.55

$2.77

$1.97

$0.52

$6.86

$3.78

$0.70

$4.14

$2.09

$0.76

$2.68

$2.06

$0.95

$5.33

$2.45

$1.34

.$3.84

$1.85

"$1.44

$9.60

$3.52

$1.53

$8.04

$3.50

$1.98

$18.20

$4.08

$2.38

$1068

-$2.28

$2.94 p

$8.24

$1.52

- $3.45

$0.53

$0.48

$363

$13.35

$4.03

. $3,71

$18.83

$4.26

$360

$7.68

$2.31

$347

$18.88

$2.69

$3.47

,$12.98

.$3.40

$3.41

$7.23

$3.71

$397

$1.82

$1.37

$4.13

$7.76

$3.14

$447

$8.34

$3.68

$4.58 PAGE 18

EXHIBIT B Termination Agreement DATA FROM ISO AND PX CALCULAIONS HOUR'- --

GPCS NDIN. :,

,.,1 Total GPW Total kWh GC PX HOURLY Total DAY AHEAD kWh PRICE GMMCS GMMW GMMC 0,355 IGMMCS GMMW GMMCA QM MM QrMM

&PX*

GMM GMM GMM Houly Price I LOSSES LOSSES LOSSES 16 07/2412000 20,538 17 07/24/2000 19,314 18 07/24/2000 20,772 19 07/24/2000 20,340 20 07/24/2000 20,052 21 07/24/2000 19,854 22 07/24/2000 19,440 23 07/24/2000 18,882 24 07/24/2000 17,964 t_.

1 07/25/2000 18,180 2 07/25/2000 18,072 3 07/25/2000 17,460 4 07/25/2000 15,642 5 07/25/2000 13,968 6 07/25/2000 11.214 7 07/2512000 10,458 8 07/25/2000 8,586 9 07125/2000 8,676 10 071/25/2000 8,694 11 07/25/2000 7,884 12 07125/2000 6,750 13 07/25/2000 6,912 14 07/25/2000 4,554 15 07/25/2000 5,274 16 07/25/2000 4,608 17 07/25/2000 4,158 18 07/25/2000 2,682 19 07/25/2000 1,224 20 07/25/2000 1,080 21 07/25/2000 198 22 07/25/2000 54 23 07/25/2000 36 4,842 4,845 4,851 4,854 4,851 4,860 4,866 4,872 4,872 4,872 4,866 4,860 4,860 4,851 4,848 4,842 4,854 4,854 4,857 4,848 4,845 4,878 4,875 4,875 4,881 4,902 4,920 4,926 4,923 4,923 4,920 4,932 12,558 12,075 12,558 13,818 13,755 13,125 12,726 12,075 11,760 12,537 11,193 9,282 10,416 10,038 10,626 9,219 7,686 6,930 8,337 7,602 7,308 7,014 7,350 6,174 4,221 3,864 4,998 4,053 1,953 1,617 1,386 1,848 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 002479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 001999 0.986 0.956 0.978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0,978' 0.975 0987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0.976 0.966 0.967 0.964 0.987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997" 0.991 0.988 0.98 0.987 0.977 0.986 0.956 0978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 PAGE 19 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0 989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989, 0.989 0.989 0.989 0.989

$427.61

$391.68

$405.14

$371.02

$353.79

$292.70

$263.98

$254.26

$244.03

$275.30

$248.39

$231.78

$272.09

$295.03

$276.08

$253.73

$218.69

$217.03

$233.50

$217.93

$206.35

$210.81

$193.53

$191.69

$154.53

$139.71

$133.70

$97.04

$72.81

$52.12

$45.34

$48.37

$9.13

$12.94

$7.45

$599

$10.86

$6.49

$4.29

$8.30

$4.64

$12.68

$9.26

$17.68

$9.31

$6.44

$0 33

$7.32

$8.26

$3.37

$8.36

$5.24

$2.70

$0.65

$1.78

$2.27

$2.05

$2.79

$0.96

$0.36

$0.58

$0.06

$001

$0.02

$6.76

$3.84

$2.75

$1.95

$3.75

$2 01

$2.05

$2.43

$1.84

$3.50

$349

$4.22

$2.53

$1.68

$0.57

$4.80

$5.10

$2.76

$3.21

$3.95

$3.72

$1.39

$3.17

$3.71

$6.82

$3.88

$2.79

$1.98

$3.81

$2.04

$2.07

$2 46

$4.39

$4.04

$4 13

$407

$3.90

$315

$281

$2.66

$2.57

$3.0G

$2.52

$2.11

$2.84

$3.18

$3.41

$2 96

$247

$2.28

$2.76

$2.52

$247

$244

$2 63

$2 25

$1 47

$129

$1.64

$1.19

$055

$0.39

$031

$041 km km EELGE

EXHIBIT B Termination Agreement DATA FROM ISO AND PX HOU i

GPCS NDI)

DATEi:I Total I,,,

o*-,Z.'.,.".. J*

kT.

GPVV Total kwh GC Total kwh PX HOURLY DAY AHEAD PRICE GMMCS GMMW GMMC 0.355 GMMCS GMMW GMMC MM MM MM "PX*

I GMM GMM GMM I LMPr eLOSSES LOSSES' LOSSES 24 07/25/2000 234 1 07/26/2000 684 2 07/26/2000 1,800 3 07126/2000 2,952 4 07/26/2000 4,410 5 07/2-6/2000 5,220 6 07/26/2000 4,356 7 07/26/2000 4,302 8 07/26/2600 5,256 S9 07126/2000 5,328 10 07/26/2000 5,850 11 07/26/2000 8,532

.6 12 07126/2000 10,368 13 07/26/2000 9,738 14 07/26/2000 9,738 15 07/26/2000 9,900 16 07/26/2000 9,324 17 07M26/2000 8,820 18 07/26/2000 8.298 19 07126/2000 9,504 20 07/26/2000 10,746 21 07/26/2000 12,420 22 07126/2000 12,690 23 07/26/2000 14,040 24 07/26/2000 13,050 1 07/27/2000 14,022 2 07/27/2000 14,418 3 07/27/2000 14,544 4 07/27/2000 16,902 5 07/27/2000 17.532 6 07/27/2000 14,472 7 07/27/2000 14,994 4,959 4,953 4,920 4,911 4.899 4,890 4,878 4,872 4,863 4.854 4,848 4,842 4,839 4,845 4,842 4,836 4,833 4,827 4,827 4,830 4,824 4,827 4,827 4,830 4,830 4,827 4,827 4,830 4,824 4,818 4,812 4,806 2,793 4,536 5,649 6,636 6,132 5,586 6,804 8,253 7,896 7,455 9,051 8,841 6,699 5,964 6,006 7,329" 7,035 6,468 6,594 7,245, 7,413 8,883 8,988 9,408 9,177 9,639 9,576, 10,164 11,109 9,807 10,584 10,374 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.0*005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965 0.989

0.951 0.958 0.989 0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966 0.989 0.967 0.964 0.989 0.987 0.981 0.989 0.968 0.978 0.989 0.978 0.973 0.989 0.987 0.975 0.989 0.997 0.991 0.989 0.988 0.98 0.989 0.987 0.977 0.989 0.986 0.956 0.989 0.978 0.974

'0.989 0.988 0.981 0.989 0.989 0.985 0.989 0.979 0.97 0.989 0.985 0.981

.0989 0.989 0.979 0.989 0.978 0.975 0.989 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965 0.989 0.951 0.958 0.989" 0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966 0.989

$56.33

$78.69

$90.02

$106.34

$135.89

$160.48

$165.91

$180.34

$186.49

$187.08

$210.68

$238.09

$239.13

$230.35

$237.44

$259.12

$238.86

$217.44

$209.24

$205.23

$210.34

$202.13

$188.94

$200.67

$190.86

$220.37

$209:74

$0.06

$0.48

$0.92

$2.99

$2.62

$2.41

$o.13

$3.01

$5.06

$2.07

$5.63

$5.67

$4.14

$0.92

-$3.80

$4.26

$4.14

$5.91

$2.98

$2.80

$5.82

$4.06

$2-80

$6.17

$3.37

$9.78

$7.39

$216.64

.$14.72

$288.96

$10.06

$328.77

$8.08

$309.98

$0.42

$312.25

$10.49

$1.87

$0.61

$3.56

$1.09

$3.53

$1.27

$4.26

$1.51

$2.55

$1.67

$1.69

$1.77

$0.57

$2:18

$4.83

$2.65

$5.10

$2.53

$2.76

$2.45

$3.21

$2.99

$3.95

$2.94

$3.72

$2.27

$1.38

$2.07

$3.15

$2.15

$3.68

$2.67

$6.75

$2.46

$3.82

$2.17

$2.74

$2.17

$1.94

. $2.14

$3.73

$2.10 p

$2.00

$2.13

$2.04

$1.99

$2.41

$2.07

$1.82

$2.01

$3.47

. $2.31

$3.46

$2.16

$4.19

$2.31

$2.51

$3.03

$1.67

"$3.11

$0.56

$339

$4.76

$3.33 PAGE 20 EMU hm KM CALCULATIONS

EXHIBIT B Termination Agreement DATA FROM ISO AND PX CALCULATIONS IHOUR

-'.I GPCS GPW NDIN WE Total Total GC PX HOURLY Total DAY AHEAD kWh ERCE GMMCS GMMW GMMC 0.355 5 GMMCS GMMW GMMC GMM wM MM PX* i GMM GMM GMM Houw Pdce LOSSES LOSSES LOSSES 8 07/27/2000 14,346 4,794 9 07/27/2000 15,390 4,785 10 07/27/2000 15,696 4,779 11 07127/2000 16,182 4,770 12 07/27/2000 16,380 4,758 13 07127/2000 16,362 4.749 14 07/2712000 17.298 4,749 15 07/2712000 18,900 4,737 16 07/2712000.

18,702 4,743 17 07127/2000 17,154 4,773 S18 07127/2000 16,308 4,797 c

19 07/27/2000 14,976 4,806 "20 07/27/2000 14,040 4,806 1

21 07/27/2000 11,970 4,800 22 07/27/2000 16,344 4,791 23 07/27/2000 19,512 4,782 24 07127/2000 20,304 4,779 1 07/28/2000 20,142 4,770 2 07/28/2000 21,096 4,761 3 07/2812000 20,862 4,755 4 07/2812000 20,700 4,746 5 07/28/2000 20,484 4,740 6 07128/2000 19,584 4,728 7 07/28/2000 19,278 4,722 8 07/28/2000 18,324 4,719 9 07/2812000 17,370 4,707 10 07/28/2000 18,990 4,695 11 07/28/2000 19,872 4,689 12 07/28/2000 20,448 4,686 13 07/28/2000 20,736 4,683 14 07/28/2000 20,322 4,668 15 07/2812000 19.692 4,659 11,172 10,857 12,558 11,424 10,542 9,660 10,521 11,403 11,970 12,222 12,873 12,768 10,752 11,088 11,886 10,374 9,555 8.673 10,689 11,172 10,626 11,109 11,172 10,353 9,744 9,429 8,631 7,644 8,022 10,185 12,306 11,088 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0 03075 0.03158 0.03249 0.03308 0.967 0.964 0.987 0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991 0.988 0.98 0.987 0.977 0.986 0.956 0.978 0.974 0.988 0.981 0.989 0.985 0.979 0.97 0.985 0.981 0.989 0.979 0.978 0.975 0,987 0.981 0.968 0.967 0.975 0.965 0.951 0.958 0.976 0.979 0.984 0.988 0.999 0.996 0976 0.966 0.967 0.964 0.987.

0.981 0.968 0.978 0.978 0.973 0.987 0.975 0.997 0.991 0.988 0.98 0.987 0.977 PAGE 21 0.989 0.989 0989 0.989 0,989 0 989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0,989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0,989 0.989 0.989 0.989 0.989' 0.989 0.989 0.989 0.989

$313.78

$329.17

$352.39

$346.99

$345.83

$344.97

$375.64

$411.49

$399.17

$369.14

$360.54

$309.57

$270.88

$215.49

$235.39

$246.02

$244.33

$259.80

$265.96

$269.82

$317.45

$371.47

$367.07

$355.49

$339.40

$334,20

$344.74

$345.16

$361.94

$399.15

$430.17

$416.17

$13.80

$5.98

$15.09.

$10.75

$6.55

$1.55

$6.74

$8.13

$8.31

$11 49

$585

$4.41

$7.60

$391

$3.61

$8.58

$5.24

$14 04

$10.81

$21.12

$12.32

$9.44

$057

$13.49

$17.63

$6.75

$18.26

$13.20

$8.17

$1.96

$7.92

$8.47

$5.03

$2.72

$3.16

$3.89

$3.66

$1.35

$3.09

$3.60

$6.63

$3.78

$2.72

$1.93

$3.72

$1.99

$2.02

$2.39

$1.80

$3.43

$3.42

$4.13

$247

$1.64

$0.55

$4.68

$4.95

$2.67

$3.10

$3.82

$3.60

$1.33

$3.03

$3.54

$3.58

$3.574.

$4.15

$3.79

$3.57

$3.36

$3.76

$4.15

$4.18

$4.09

$4.23

$3.76

$305

$266

$263

$2.28

$2 09

$2.08

$2.41

$2.54

$2.90 W

$352

$358

$332

$313

$310

$2.85

$2.54

$271

$3.54

$440

$403

EXHIBIT B Termination Agreement DATA FROM ISO AND PX

.ALCULATIO N I.HOU

.,l GPCS GPW Oc~

4 tt.i Total Total I ',

,.=.1,,

,r o o GC PX HOURLY Total DAY AHEAD kWh EEPE GMMCS GMMW GMMC 0.355 5 GMMCS GMMVV GMMC MMM M

GMM

PX*

GMM GMM GMM

[HoUtPdce LOSSES LOSSES LOSSES 16 07128/2000 18.360 4,659 17 07/2812000 18,504 4,650 18 07/28/2000 18,666 4,641 19 07/28/2000 18,702 4,635 20 07/28/2000 19,170 4,629 21 07/28/2000 18,630 4,617 22 07/28/2000 18,072 4,605 23 07/28/2000 17,550 4,602 24 07/28/2000 16,812 4,590 M

1 07/29/2000 15'480 4,572 2 07/29/2000 14,364 4,563 3 07/29/2000 13,770 4,563 4 07/29/2000 12,600 4,566 "4

5 07129/2000 12,204 4,563 6 07/29/2000 11,754 4,569 7 07/29/2000 11,736 4,557 8 07/29/2000. 10,314 4,548 9 07/29/2000 9,720 4,539 10 07/29/2000 8,532 4,533 11 07/29/2000 8,550 4,527 12 07129/2000 7,740 4,530 13 07/29/2000 7,074 4,518 14 07/29/2000 6,984 4,521 15 07/29/2000 6,012 4,524 16 07/29/2000 4,932 4,527 17 07/29/2000 2,700 4,548 18 07/29/2000 2,718 4,563 19 07129/2000 2,826 4,569 20 07/29/2000 1,800 4,566 21 07/29/2000 1,026 4,569 22 07/2912000 1,350 4,551 23 -07/29/2000 1,080 4,467

.9,051 12,411 11,802 11,025 11,403 11,655 12,684 12,495 9,576 9,744 9,240 10,353 9,450 9,660 9,471 8,673 8.673

,9,618 9,807 8,883 9,240 8,883 8,379 7,098 6,993 5,460 4,326 3,444 2,940 2,688

.3,444 2,772 0.03175

,0.03045

,0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179

0.0205 0.02066 0,02479 0,0288

.0.02914

,0.0291+5 0,02,916 0.02968 f0.03065 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 0.02578 0.02179 0.02008 0.01999 0.986 0.978 0.988

0.989 0.979 0.985 0.989 0.978 0.987 0.968 0.975

.0.951 0.976

0.999 01976 0.967

,0.987

-0.968 0.978 0.987 0.997 0.988 0.987 0.986 0.978 0.988 0.989 0.979 0.985 0.989 0.978 0.956 0.989 0.974 0.989 0.981 0.989 0.985 0.989 0.97 0.989 0.981 0.989 0.979 0.989 "0.975 0.989 0.981

.989 0.967

,0.989 0.965

'0.989 P.958 0.989

0.979 0.989 10.988

.0.989

-0.996 0.989 0,96&

- 0.989 0.964.

0.989 0.981

'0.989

,0.978

,0.989 0.973 0.989 0.975 0.989 0.991 0.989 0.98 0.989 0.977 0.989 0.956 0.989 0.974 0.989 0.981 0.989 0.985 0.989 0.97 0.989 0.981 0.989 0.979 0.989 0.975 0.989

$361.47

$384.45

$372.54

+$326.80

$322.17

$269.98

$252.07

$245.87

$218.51

$230.49

$204.99

$21D.39

$234.23

$270.19

$266:83

$258=35

$243.63

$253.27

.$243.99

$235.36

$234.81

$229.54

$229.34.

$207.08'

$185.43

$137.37

$123.16

$103.08

$85.17

$64.07

$66.61

$59.04

$8.16

$12.40

$6.70

$5.51

$10.38

$6.09

$3.99

$7.72

$4.34

$10.79

$7.36

$13.94

$7.50

$5.62 S$0.34

$8.21

$9.92

$3.78

$8.20

$5.68

$3.09

$0.67

$2.72

$2.59

$2.19

$1.81

$0.97

$0.83

$0.97

$0.34

$0.30

$0.47

$6.51

$3.16

$3.68,

$4.16

$2.64

$3.88

$1.86

$325

$3.58

$3.23

$1:91

$2.79

$1.94

$2.80

$2.30

$2.75

$1.73

$2.09

$3.29

$2.34

$3.27

$2.08

$3.96

$2.35

$2.38

$2.58

$1.58

$3.06

$0.53

$3.04

'$4.52

$2.78

$4.77,

$2.78

$2.58

$3.16

,$3.00

'$3.24

$3.69

-$2.95

$3.48

$3.13 p

$1.28

$3,09

$2.94

$2.99

$3.44

$2.58

$6.32

,$2.44

$3.60

$1.83

$2.59

$1.42

-$1.84

$1.01

$3.53

$0.83

$1.89

"$0.64

$1.92

$0.76

$2.23

$0 61 PAGE 22 l

EXHIBIT B Termination Agreement DATA FROM ISO AND PX CALCULATIONS IHOUR,.';

,,:,.,I GPCS E'

DATE-I Total

' A.I kWh GPW Total kWh GC Total kWh PX HOURLY DAY AHEAD ERICE GMMCS GMMVV GMMC 0.355 1 GMMCS GMMW GMMC GMM MMM MM

PX*

GMM GMM GMM Hourly Price LOSSES LOSSES LOSSES 24 07/2912000 558 1 07/30/2000 522 2 07130/2000 774 3 07/30/2000 954 4 07/30/2000 1,944 5 07/30/2000 1.602 6 07/30/2000 1.962 7 07130/2000 2,268 8 07/3012000 2.718 m

9 07/30/2000 3,024 S10 07/30/2000 3,978 11 07/30/2000 6,462 12 07/30/2000 7,992 00 13 07130/2000 10,098 14 07130/2000 13.158 15 07130/2000 14,814 16 07/30/2000 14,616 17 07130/2000 14,886 18 07/30/2000 14,760 19 07/30/2000 13.464 20 07/30/2000 11,790 21 07130/2000 10,836 22 07/30/2000 10,170 23 07/30/2000 10.026 24 07/30/2000 9,234 1 07/31/2000 8,748 2 07/31/2000 8,694 3 07/31/2000 9,324 4 07/31/2000 11,430 5 07/31/2000 11,916 6 07131/2000 12,816 7 07/31/2000 12,384 4,425 4,410 4,407 4,392 4,377 4,368 4,353 4,341 4,278 4,200 4,212 4,215 4,221 4,224 4,218 4,218 4,209 4,203 4,200 4,203 4,209 4,206 4,206 4,212 4,218 4,224 4,230 4,230 4,224 4,230 4,230 4,230 3,465 3,066 3,003 3,486 4,515 5,460 6,321 6,909 7,770 7,812 7,770 7,707 7,665 7,623 8,442 8,694 8,925 8,883 8,295 8,988 8,841 7,434 5,880 6,405 6,615 5,922 5,901 5,985 6,174 6,027 6,006 5,712 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02879 0.02578 0.02179 0.02008 0.01999 0.01987 0.02179 0.0205 0.02066 0.02479 0.0288 0.02914 0.02915 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965 0.989 0.951 0.958 0.989 0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966 0.989 0.967 0.964 0.989 0.987 0.981 0.989 0.968 0.978 0.989 0.978 0.973 0.989 0 987 0.975 0.989 0 997 0.991 0.989 0 988 0.98, 0.989 0.987 0.977 0.989 0.986 0.956 0.989 0.978 0.974 0.989 0.988 0.981 0.989 0.989 0.985 0.989 0.979 0.97 0.989 0.985 0.981 0.989 0.989 0.979 0.989 0.978 0.975 0.989 0.987 0.981 0.989 0.968 0.967 0.989 0.975 0.965 0.989 0.951 0.958 0.989 0.976 0.979 0.989 0.984 0.988 0.989 0.999 0.996 0.989 0.976 0.966 0.989 PAGE 23

$59.59

$61.87

$59.56

$64.78

$95.36

$116.86

$130.72

$139.89

$152.85

$159.49

$170.26

$197.03

$216.99

$246.02

$297.78

$325.60

$312.78

$302.37

$28920

$253.50

$227.33

$173.86

$144.39

$146.49

$141.55

$146.15

$137.00

$143.30

$192.10

$226.70

$238.47

$231.04

$0.14

$0.36

$0.40

$0.97

$1.16

$0.74

$0.06

$1.59

$2 62

$1.17

$3.83

$4.29

$3.19

$0.96

$5.13

$6 37

$6.50

$9.97

$5.29

$3.97

$6.38

$3.54

$2.25

$4.41

$2.39

$6.10

$4.46

$9.44

$6.80

$5.49

$0.37

$8 66

$1.67

$3.17

$3.16

$381

$2.28

$1.51

$0.51

$4.30

$4.49

$2 38

$2.78

$344

$3.24

$1 20

$2.74

$3.21

$5.88

$3.33

$2.39

$1.69

$3.26

$1.74

$1.77

$2.10

$1.59

$304

$3.04

$3.67

$2.20

$1.46

$049

$419

$076

$0.73

$068 "*,:

$079

$1.23.

$1.73.

p

$2.03 '

$2.22

$249

$2.5,

$257

$2 56,

$2.59

$2.65

$3.02

$3.16

$3.12

$2.98

$2 73

$2.65

$2.51 F

$1.78;..

$1.30

$1.41

$1 45

$1.4Z:

$1 33.

.$1 36

$1 68

$1 9t

$1.93

$1.83

EXHIBIT B Termination Agreement.

DATA FROM ISO AND PX ClALCUL~tATIOlNS HOUI. *, *,".- -,,

GPCS Nb

'~J

'-Total I NIE

..,*4 t.-~',

I,*F* *.**

1*;*:**-*

kkIP LPVV

+Total 1vuAh Afil A I rV fJlL i[]L V

, t,,3 U

A rUUrLI Total DAY AHEAD kWh PRICO GMMCS GMMW GMMC.

0.355 GMMCS GMMW GMMCI MM MM MM GMM GMM GMM IIHou~dy Pdcel LOSSES LOSSES LOSSES 8 07131/2000 13,158 9 0713112000 12,312 10 0713112000 12,618 11 07/31/2000 12,312 12 07/31/2000 9,252 13 07131/2000 7,074 14 07/31/2000 5,598 15 07/31/2000 3,564 S16 07/3112000 1,368 17 07/31/2000 1,278 18 07131/2000 540 j

19 07/31/2000 144

'0 20 07/31/2000 270 21 07/31/2000

18.

22 0713112000 144 23 07131/2000

--846 24 07/3112000 828 4,227 4,224 4,224 4,221 4,212 4,212 4,206 4,209 4,215 4,236 4,254 4,266 4,263 4,266 4,263 4,266 4,263 5,733 6,216 5,670 5,439 5,502 4,914 3,045

.2,709 1,953

,*71*4 567 1,533 1.827 S1

,97 1,449 1,869 903 7,000,722 3,594,984 4,808,475 NET GENERATION =

0.02916 0.02988 0.03005 0.03019 0.03075 0.03158 0.03249 0.03308 0.03175 0.03045 0.02989 0.02679 b0.02578

.0.02119 0.02008 0.01999

,0.61987 15,404,181 a.

0.967 0.987 0.968 0.978 0.987 0.997 0.988 0.987 0.986 0.978 0.988 0.989 0.979 0.985

.0.989 0.978 0.987 0.964 0.981 0.978 0.973 0.975 0.991 0.98 0.977 0.956 0.9'4 0.981 0.985 0.97 0.981

.0.979 "0.975 0.981 0.989 0.989 0.989 0.989 "0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989 0.989

$239.31

$241.34.

$240.15

$235.48

$207.04

$181.62

$148.20

$123.09

$84.94

$67.32

$56.89

"$56.52

$58.21

$42.40

$41.74

$49.54

$42:28

$12.66

$4.78

$12.13

$8:18

$3.70

$067

$2.18

$1.53

$061

$0.86

$0.19

$0.04

$0.15

$0.01

$0.03

$0.37

$0.21

$4.44

$2.40

$2.79

$3.44

$3.24

$1.20

$2.73

$3.20

$5.89

$3.35

$2.42

$1.71

$3.30

$1.77

$1.80

$2.13

$1.61

$1.84

$2.04

$1.87

$1.81

$1.86

$1.71

$1.09"

$0.99

$0.68

$0.24

$0.19

$0.45

$0.52

$0.29

$0.32

$0.41

$0.20

$148,222.58 $3,465.62 $2,322.23 $1,437.32 b

PAGE 24 TOTALS

PACIFIC GAS AND ELECTRIC COMPANY EXHIBIT C TO EXHIBIT I TERMINATION AGREEMENT Exhibit-1-50

EXHIBIT C TO TERMINATION AGREEMENT List of agreements included in this exhibit; all are subject to Federal Energy Regulatory Commission approval.

I. Agreement for Installation or Allocation of Special Facilities for Parallel Operation of Nonutility-Owned Generation (Pardee Powerhouse)

2. Generator Interconnection Agreement (Pardee Powerhouse)

3. Agreement for Installation or Allocation of Special Facilities for Parallel Operation of Nonutility-Owned Generation (Camanche Powerhouse)

4. Generator Interconnection Agreement (Camanche Powerhouse)

Exlubit-1-51 Exhibit C To Termination Amreement S. 27i019695.7 I

FIRST AMENDMENT TO THE TERMINATION AGREEMENT BETWEEN EAST BAY MUNICIPAL UTILITY DISTRICT AND PACIFIC GAS AND ELECTRIC COMPANY, DATED OCTOBER 13, 1999 THIS FIRST AMENDMENT, dated June Z,, 2002, is by and between EAST BAY MUNICIPAL UTILITY DISTRICT ("District"), a California municipal utility district, and PACIFIC GAS AND ELECTRIC COMPANY ("PG&E"), a California corporation. District and PG&E are sometimes referred to herein individually as "Party" and collectively as the 'Tarties."

RECITALS A.

District and PG&E are parties to a Termination Agreement ("Termination Agreement"), dated October 13, 1999, by which the parties terminated a Revised Contract for Purchase of Electric Power made February 10, 1981.

B.

Exhibit A of the Termination Agreement contains a formula for calculation of base payments from District to PG&E. The formula calculates base payments based, in part, on:

"PXh: PX price on an hourly basis. It will be from the day ahead market and the zone in which the powerhouse is located." The Termination Agreement currently defines "PX" as follows:

"California Power Exchange or, if the PX ceases operation, then its successor. If there is no single successor, then that market for California electricity that most closely approximates the PX during the last full calendar year period that the PX operated."

C.

Since the closure of the California Power Exchange in January 2001, the Parties have been unable to agree on a successor to the California Power Exchange or market for California electricity that most closely approximates the PX during the last full calendar year period that the PX operated. The parties therefore wish to resolve all disputes regarding the I

EXHIBIT B

Termination Agreement to date and modify the terms of the Termination Agreement on an interim basis in accordance with the terms set forth below.

AMENDMENT THEREFORE, in consideration of the mutual promises and obligations stated herein, the Parties, intending to be legally bound, agree to modify the Termination Agreement as follows:

1.

TEMPORARY PAYMENT FORMULA MODIFICATIONS

a.

Temporary Base Payments: Commencing with the hour ending 01 on January 1, 2002 and continuing until such time that a "PX Substitute" becomes available under the provisions of Paragraph 3 below, District shall make Temporary Base Payments to PG&E in accordance with the Temporary Base Payment Formula set forth in Sub-section (3) below in lieu of the Base Payment set forth in Section I of Exhibit A of the Termination Agreement.

(1)

Additional Definitions: For purposes of computing the Temporary Base Payment, the following terms shall have the following meanings:

Gross Billable Revenues:

Excluded Revenue and Charges:

Gross Billable Revenues shall include all net monthly billings from District's sales of project power for that month to all third parties such as, but not limited to, the APX, DWR, ISO (including net Uninstructed Energy such as Charge Type 407), and other utilities, except for the specifically excluded revenues and/or charges included in the "Excluded Revenue and Charges" definition below.

The following items are specifically excluded from the Gross Billable Revenues defined above: green premium revenues; renewable subsidy payments and revenues from the CEC; ancillary services or capacity reservation payments; and all Scheduling Coordinator, ISO and/or other similar fees, charges, penalties or adjustments, including Grid Management Charges for Operations, Charge Type 524, and deviation penalties for not following generation schedules such as Charge Type 487.

2

SUG:

The amount of self-use generation in MWh scheduled and delivered to any EBMUD facilities other than "Project Power" used at Camanche Power House, Pardee Power House, and Camp Pardee.

(2)

All Other Terms: For the purposes of computing the Temporary Base Payment, all other terms contained in the Temporary Base Payment Formula that are not defined in the above paragraphs shall have the same meanings as defined in Paragraph 1 (a) of Exhibit A to the Termination Agreement.

(3)

Temporary Base Payment Formula S0.355* District's Gross Billable Revenues minus 7CC* (GPCS + GPVV + GQ) minus Four-Thousand Nine-Hundred and Seventy-Six Dollars'($4,976.00) minus [, (1-GMMCS)*GPCS]* District's Gross Billable Revenue/! (GPCS+GPVV+GC) minus [7, (1-GMMVV)*GPVV]* District's Gross Billable Revenue! 7(GPCS+GPVV+GC) minus [7 (l1-GMMC)* GC]* District's Gross Billable Revenues/l (GPCS+GPVV+GC)

In the event District uses a portion of the project's total generation to serve its own facilities, other than at Camanche Power House, Pardee Power House and Camp Pardee, District shall make additional monthly payments based on the following Self-Use Formula:

0.355

Gross'Billable Revenue*YSUG fZ (GPCS + GPVV + GC - SUG)

The Parties agree that if SUG becomes great enough that District no longer has appreciable Gross Billable Revenue, then the Parties shall airee on a replacement temporary base payment formula that represents the fair market value of the project's power. If the Parties cannot agree on a replacement temporary base payment formula, either party may initiate the dispute resolution procedures set forth in the Paragraph 13 of the Termination Agreement.

(4)

No Negative Payments: The Parties agree that the Temporary Base Payments shall never be negative.

3

b.

Audit Rights District shall keep complete and accurate records regarding the amounts owed PG&E hereunder. During the term of this Amendment and for six (6) months ftereafter, PG&E shall have the right to have an inspection and audit of District's relevant books and records conducted by an independent audit professional chosen and paid by PG&E and reasonably acceptable to District, no more often than once every twelve (12) months, during regular business hours at District's offices and in a manner that does not interfere with District's business operations. If any such audit reveals that District has under paid or overpaid the amounts owed to PG&E under this Agreement, then District shall promptly pay to PG&E the amount owed or PG&E shall promptly refund to District the amount overpaid, as the case may be.

2.

PAYMENT FOR JANUARY 2001 GENERATION Within ten (10) days of District's receipt of written notice that the condition precedent set forth in Section 7.a below has been satisfied or waived, District will pay PG&E $64,876.90, plus interest at the rate of seven percent (7%) per annum from March 1, 2001, to the date actually paid, which amount represents the difference between the amount District has already paid PG&E for January 2001 generation and the Federal Energy Regulatory Commission adjusted PX-based amounts for the January 2001 generation.

3.

RETURN TO ORIGINAL PAYMENT FORMULA USING "PX SUBSTITUTE"

a.

Return To Original Formula: The Temporary Payment Formula Modifications described in Section 1 shall be in effect from January 1, 2002 through the remainder of the term of the Termination Agreement; provided, however, that no earlier than June 30, 2004, upon thirty (30) days written notice to the other Party, either Party may elect to return to the Base Payment 4

Formula set forth in the Termination Agreement using a "PX Substitute" for the remainder of the term of the Termination Agreement.'

b.

Definition of"PX Substitute": For purposes of this provision, 'TX Substitute" shall be defined as a substitute for the "PXh" element that meets the definitions of"PXh" and "TX" in the Termination Agreement and Exhibit A of the Termination Agreement.

c.

Amended Definition of "PX": The definition of"PX" in the Termination Agreement is amended to read as follows: "PX: California Power Exchange or, if the PX ceases operation, then its successor. If there is no single successor, then that market for California electricity that most closely approximates the PX during the last full calendar year period that the PX operated and is available to a generator like EBMUD.as it existed in October 1999."

d.

Resolution of Disputes: If the-non-electing Party disputes whether the "PX Substitute" specified by the electing Party meets the definitions of"PXh and 'TX" in the Termination Agreement and Exhibit A, either Party may initiate the dispute resolution procedures set forth in the Paragraph 13 of the TerminationAgreement.

4.

RELEASE OF CLAIMS REGARDING TERMINATION AGREEMENT District and PG&E each hereby waive and release any and all claims, demands, causes of action, losses, expenses, fees, damages (compensatory, punitive, exemplary, statutory or otherwise), or other right to relief, whether based on contract, tort, statute, or other legal or equitable theory of recovery which each had, now has, or may hereafter have against the other or any of its subsidiaries, affiliates, officers, directors, agents, employees, attorneys or shareholders, related to the Termination Agreement arising on or before the date this Amendment is executed by both Parties.

5

District and PG&E each acknowledge that they execute and agree to this full and final release as a compromise of matters which may involve disputed issues of law and fact, and District and PG&E fully assume the risk that the facts and the law may be other than they believe. District and PG&E each expressly waive all rights under California Civil Code Section 1542, which provides as follows:

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.

District and PG&E, being aware of said code section, hereby expressly waive any rights they may have thereunder, as well as under any other statutes or common law principles of similar effect.

5 EFFECTIVE DATE

a.

The effectiveness of this Agreement is contingent upon Bankruptcy Court approval of this Amendment.

b.

The Parties shall seek Bankruptcy Court approval in accordance with the procedures described below:

1.

As soon as practicable, upon execution and delivery of this Amendment by the Parties, PG&E shall file and serve a motion in Bankruptcy Court for approval to resolve all disputes between the Parties arising from the Termination Agreement through the Amendment. ("Motion");

2.

The Parties shall use their best efforts to obtain from the Bankruptcy Court an order granting the Motion ("Approval Order"),

6

C.

The Agreement shall be effective the day the Approval Order is final, the time for appeal has expired, and no one has timely filed a notice of appeal. ("Effective Date").

6.

NO REJECTION The Parties expressly agree and acknowledge that this Amendment neither constitutes a "rejection" of the Termination Agreement by PG&E pursuant to the provisions of section 365 of the Bankruptcy Code, nor may be deemed a rejection of'the Termination Agreement. District hereby waives and releases any claim to damages against PG&E based upon a rejection or deemed rejection of the Termination Agreement by PG&E.

7.

CONDITIONS PRECEDENT AND REGULATORY PROCESSES

a.

This Amendment is conditioried in its entirety ulion the California Public Utilities Commission ("CPUC") issuing a decision or decisions with the following terms that becomes final, unconditional and unappealable (including exhaustion of all administrative and judicial appeals or remedies anid time periods thereof): (i) appiroving in its entirety and without change to this Amendment and (ii) finding that the terms of this Amendment are reasonable and adequately protect PG&E's ratepayers' interest and (iii) on terms Aich suffic'iently protect PG&E from harm or detriment. PG&E may, in its sole discretion, waive this condition on behalf of both Parties by" giving District written notice prior to January' 1, 2003; that this condition precedent is waived.

b.

PG&E shall diligently proceed to obtain CPUC approval of this Amendment at its next Annual Transition Cost Proceeding. The Parties shall cooperate fully in the process of seeking approval. The Parties agree to extend their best efforts to ensure the approval of this Amendment by the CPUC. No Party to this Amendme'ft'will contest any aspect of this Amendment in any other forum, by contact or communication, whether written or oral 7

(including exparte communications whether or not reportable under the Commission's Rules of Practice and Procedure) or in any manner before the CPUC or its staff.

8.

TOLLING Once all parties execute the Amendment, all statutes of limitation and deadlines for bringing claims under the Government Code shall be tolled until thirty (30) days after the latest of the following: (a) the Effective Date; and (b) the Condition Precedent set forth in Section 7(a) has been satisfied or waived.

9.

OTHER TERMS OF TERMINATION AGREEMENT All other terms of the Termination Agreement shall remain the same.

10.

SIGNATURES By signing this Amendment below, the representatives of the Parties warrant that they have the requisite authority to bind their respective principals, subject to the required approvals described herein.

EAST BAY MUNICIPAL UTILITY PACIFIC GAS AND ELECTRIC DISTRICT, a California municipal utility COMPANY, a California corporation district B y:

- t4 Name:

Richard Sykes

Title:

Manager of Water System Date:

Z, Name:

JOSEPH C. HENRI N m

hre c to r

Title:

Date:

4" -- t 8

ML030550588

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ML030550588

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