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Exhibit 4.30
 [EXECUTION COPY]
 
 CONNECTICUT DEVELOPMENT AUTHORITY
 and
 THE CRYSTAL WATER COMPANY OF DANIELSON
 
 LOAN AGREEMENT
 
 Dated as of October 1, 2005
 Connecticut Development Authority
$5,000,000 Water Facilities Revenue Bonds
(The Crystal Water Company of Danielson Project  2005A Series)




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Exhibit 4.30
 TABLE OF CONTENTS
 PagePREAMBLE
    
    
    1ARTICLE IDEFINITIONS AND INTERPRETATIONSection 1.1. Definitions
    
    
    3Section 1.2. Interpretation
    
    
    9ARTICLE IIREPRESENTATIONS AND WARRANTIESSection 2.1. Representations by the Authority
    
    
    10Section 2.2. Representations by the Borrower
    
    
    11ARTICLE IIITHE LOANSection 3.1. Loan Clauses
    
    
    14Section 3.2. Other Amounts Payable
    
    
    14Section 3.3. Manner of Payment
    
    
    15Section 3.4. Obligation Unconditional
    
    
    15Section 3.5. Securities Clauses
    
    
    15Section 3.6. Issuance of Bonds
    
    
    16Section 3.7. Effective Date and Term
    
    
    16Section 3.8. No Additional Bonds
    
    
    16ARTICLE IVTHE PROJECTSection 4.1. Completion of the Project
    
    
    17Section 4.2. Payment of Additional Project Costs by Borrower
    
    
    18Section 4.3. Completion Certificate
    
    
    18Section 4.4. No Warranty Regarding Condition, Suitability or Cost of Project
    
    
    18Section 4.5. Taxes
    
    
    18Section 4.6. Insurance
    
    
    18Section 4.7. Compliance with Law
    
    
    19Section 4.8. Maintenance and Repair
    
    
    19Section 4.9. Disposition of Project Realty by Borrower
    
    
    19Section 4.10. Leasing of the Project Realty and the Project Equipment
    
    
    20Section 4.11. Project Equipment
    
    
    20Section 4.12. Borrower Contribution
    
    
    20ARTICLE VCONDEMNATION DAMAGE AND DESTRUCTIONSection 5.1. No Abatement of Payments Hereunder
    
    
    21Section 5.2. Project Disposition Upon Condemnation, Damage or Destruction
    
    
    21Section 5.3. Application of Net Proceeds of Insurance or Condemnation
    
    
    21ARTICLE VICOVENANTSSection 6.1. Consolidation, Merger and Transfer of Assets.
    
    
    22Section 6.2. Restrictions on Liens and Sale and Leaseback Transactions
    
    
    23Section 6.3. Covenant Merger
    
    
    25Section 6.4. Indemnification, Payment of Expenses, and Advances
    
    
    25Section 6.5. Incorporation of Tax Regulatory Agreement; Payments Upon Taxability
    
    
    27Section 6.6. Public Purpose Covenants
    
    
    28Section 6.7. Further Assurances and Corrective Instruments
    
    
    28
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Exhibit 4.30
 PageSection 6.8. Covenant by Borrower as to Compliance with Indenture
    
    
    28Section 6.9. Assignment of Agreement or Note
    
    
    29Section 6.10. Inspection
    
    
    29Section 6.11. Default Notification
    
    
    29Section 6.12. Covenant Against Discrimination
    
    
    29Section 6.13. Covenant to Provide Disclosure
    
    
    29ARTICLE VIIEVENTS OF DEFAULT AND REMEDIESSection 7.1. Events of Default
    
    
    30Section 7.2. Remedies on Default
    
    
    31Section 7.3. Remedies on Public Purpose Default
    
    
    31Section 7.4. No Duty to Mitigate Damages
    
    
    33Section 7.5. Remedies Cumulative
    
    
    33ARTICLE VIIIPREPAYMENT PROVISIONSSection 8.1. Optional Prepayment
    
    
    34Section 8.2. Notices of Prepayment
    
    
    35Section 8.3. Mandatory Prepayment on Taxability, Receipt of Request for
Redemption of a Deceased Holders Bonds and the Occurrence
of Certain Events
    
    
    35ARTICLE IXGENERALSection 9.1. Indenture
    
    
    36Section 9.2. Benefit of and Enforcement by Bondholders
    
    
    36Section 9.3. Force Majeure
    
    
    36Section 9.4. Amendments
    
    
    36Section 9.5. Notices
    
    
    36Section 9.6. Prior Agreements Superseded
    
    
    37Section 9.7. Execution of Counterparts
    
    
    37Section 9.8. Time
    
    
    37Section 9.9. Separability of Invalid Provisions
    
    
    37Section 9.10. Third Party Beneficiaries
    
    
    37Section 9.11. Governing Law
    
    
    37APPENDICESAppendix A  Form of Promissory NoteAppendix B  Description of Project RealtyAppendix C  Description of Project Equipment
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Exhibit 4.30
 Connecticut Development Authority
 The Crystal Water Company of Danielson
 LOAN AGREEMENT
 THIS LOAN AGREEMENT CONNECTICUT
DEVELOPMENT AUTHORITY THE CRYSTAL WATER COMPANY OF DANIELSON
 WITNESSETH THAT:
 WHEREAS
 WHEREAS
 WHEREAS
 WHEREAS




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Exhibit 4.30
 WHEREAS
 WHEREAS
 WHEREAS
 WHEREAS
 WHEREAS
 WHEREAS
 WHEREAS
 WHEREAS
 NOW, THEREFORE
 -2-




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Exhibit 4.30
 ARTICLE I
ARTICLE II DEFINITIONS AND INTERPRETATION
 Section 1.1. Definitions
           -3-




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Exhibit 4.30
           -4-




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Exhibit 4.30
             -5-




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Exhibit 4.30
   less
 Appendix A
        -6-




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Exhibit 4.30
         -7-




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Exhibit 4.30
              -8-




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Exhibit 4.30
 Section 1.2. Interpretation. In this Agreement:
         -9-




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Exhibit 4.30
 ARTICLE II
REPRESENTATIONS AND WARRANTIES
 Section 2.1. Representations by the Authority
         -10-




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Exhibit 4.30
    Section 2.2. Representations by the Borrower
       -11-




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Exhibit 4.30
           -12-




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Exhibit 4.30
   -13-




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Exhibit 4.30
 ARTICLE
III
THE LOAN
 Section 3.1. Loan Clauses
    Section 3.2. Other Amounts Payable
  -14-




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Exhibit 4.30
    Section 3.3. Manner of Payment
 Section 3.4. Obligation Unconditional.
 Section 3.5. Securities Clauses
 -15-




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Exhibit 4.30
 Section 3.6. Issuance of Bonds.
 Section 3.7. Effective Date and Term
  Section 3.8. No Additional Bonds
 -16-




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Exhibit 4.30
 ARTICLE
IV
THE PROJECT
 Section 4.1. Completion of the Project
       -17-




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Exhibit 4.30
  Section 4.2. Payment of Additional Project Costs by Borrower
 Section 4.3. Completion Certificate
 Section 4.4. No Warranty Regarding Condition, Suitability or Cost of Project
 Section 4.5. Taxes
  Section 4.6. Insurance
 -18-




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Exhibit 4.30
     Section 4.7. Compliance with Law
 Section 4.8. Maintenance and Repair
 Section 4.9. Disposition of Project Realty by Borrower
 -19-




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Exhibit 4.30
   Section 4.10. Leasing of the Project Realty and the Project Equipment
 Section 4.11. Project Equipment
  Section 4.12. Borrower Contribution
 -20-




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Exhibit 4.30
 ARTICLE V
CONDEMNATION DAMAGE AND DESTRUCTION
 Section 5.1. No Abatement of Payments Hereunder
 Section 5.2. Project Disposition Upon Condemnation, Damage or Destruction
    Section 5.3. Application of Net Proceeds of Insurance or Condemnation
   -21-




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Exhibit 4.30
 ARTICLE VI
COVENANTS
 Section 6.1. Consolidation, Merger and Transfer of Assets
 Restructuring, Merger, Consolidation and Reorganization
 Sale of Assets of the Borrower.
 Sale of Assets of Connecticut Water Company.
 -22-




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Exhibit 4.30
     Section 6.2. Restrictions on Liens and Sale and Leaseback Transactions.
     -23-




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Exhibit 4.30
       -24-




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Exhibit 4.30
   Section 6.3. Covenant Merger.
 Section 6.4. Indemnification, Payment of Expenses, and Advances
   -25-




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Exhibit 4.30
        -26-




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Exhibit 4.30
    Section 6.5. Incorporation of Tax Regulatory Agreement; Payments Upon Taxability
   -27-




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Exhibit 4.30
    Section 6.6. Public Purpose Covenants
  Section 6.7. Further Assurances and Corrective Instruments
 Section 6.8. Covenant by Borrower as to Compliance with Indenture
 -28-




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Exhibit 4.30
 Section 6.9. Assignment of Agreement or Note
  Section 6.10. Inspection
 Section 6.11. Default Notification
 Section 6.12. Covenant Against Discrimination
  Section 6.13. Covenant to Provide Disclosure
 -29-




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Exhibit 4.30
 ARTICLE VII
EVENTS OF DEFAULT AND REMEDIES
 Section 7.1. Events of Default
        -30-




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Exhibit 4.30
     Section 7.2. Remedies on Default
       Section 7.3. Remedies on Public Purpose Default
 -31-




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Exhibit 4.30
      -32-




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Exhibit 4.30
 Section 7.4. No Duty to Mitigate Damages
 Section 7.5. Remedies Cumulative
 -33-




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Exhibit 4.30
 ARTICLE
VIII
PREPAYMENT PROVISIONS
 Section 8.1. Optional Prepayment
       -34-




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Exhibit 4.30
    Section 982. Notices of Prepayment
 Section 8.3. Mandatory Prepayment on Taxability, Receipt of Request for Redemption of a
Deceased Holders Bonds and the Occurrence of Certain Events
 -35-




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Exhibit 4.30
 ARTICLE
IX
GENERAL
 Section 9.1. Indenture
  Section 9.2. Benefit of and Enforcement by Bondholders
 Section 9.3. Force Majeure
 Section 9.4. Amendments
 Section 9.5. Notices
 -36-




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Exhibit 4.30
  Section 9.6. Prior Agreements Superseded
 Section 9.7. Execution of Counterparts
 Section 9.8. Time
 Section 9.9. Separability of Invalid Provisions
 Section 9.10. Third Party Beneficiaries
 Section 9.11. Governing Law
 -37-




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Exhibit 4.30
 IN WITNESS WHEREOF
 CONNECTICUT DEVELOPMENT AUTHORITYBy
    
    /s/ Karin A. LawrenceName: Karin A. LawrenceAuthorized RepresentativeTHE CRYSTAL WATER COMPANY OF DANIELSONBy
    
    /s/ David C. BenoitName: David C. BenoitTitle: Vice President  Finance and ChiefFinancial Officer
 -38-




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Exhibit 4.30
 APPENDIX A
 THE CRYSTAL WATER COMPANY OF DANIELSON
 FORM OF
PROMISSORY NOTE
2005A SERIES
 No. 1
    
    $5,000,000
      A-1




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Exhibit 4.30
   THE CRYSTAL WATER COMPANY OFDANIELSONBy:
    
    /s/ David C. BenoitName: David C. BenoitAuthorized Representative
 A-2




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Exhibit 4.30
 AUTHORITY ENDORSEMENT
  CONNECTICUT DEVELOPMENT AUTHORITYBy:
    
    /s/ Karin A. LawrenceName: Karin A. LawrenceAuthorized Representative
 A-3




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Exhibit 4.30
 APPENDIX B
 DESCRIPTION OF PROJECT REALTY




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Exhibit 4.30
 APPENDIX C
 DESCRIPTION OF PROJECT EQUIPMENT