Document:

Exhibit
10.8(b)

 

EXECUTION
VERSION

 

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR THE
REDACTED PORTIONS OF THIS AGREEMENT. THE REDACTIONS ARE INDICATED WITH THREE
ASTERISKS (“***”). A COMPLETE VERSION OF THIS AGREEMENT HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

 

FIRST
AMENDMENT TO MASTER CONTRACT FOR THE SALE OF POWER GENERATION EQUIPMENT AND
RELATED SERVICES

 

THIS FIRST AMENDMENT TO
MASTER CONTRACT FOR THE SALE OF POWER GENERATION EQUIPMENT AND RELATED SERVICES
(this “Amendment”), dated as of June 4, 2007, by and between NOBLE
ENVIRONMENTAL POWER 2007 EQUIPMENT CO., LLC, a Delaware limited liability
company (the “Buyer”), and GENERAL ELECTRIC COMPANY, a New York company
(the “Seller”) (the Buyer and the Seller referred to collectively as the
“Parties”, and each, individually, as a “Party”).

 

RECITALS

 

A.                                   As of October 17, 2006, the Parties
entered into that certain Master Contract for the Sale of Power Generation
Equipment and Related Services (the “Contract”) pursuant to which the
Seller will sell, and the Buyer will purchase, wind turbines, ancillary
equipment and certain related services; and

 

B.                                     The Buyer and the Seller now desire to
delete and replace Attachment 1 and Attachment 2 to the Contract as provided in
this amendment.

 

NOW, THEREFORE, in
consideration of the promises and mutual covenants hereinafter set forth in the
Contract and this Amendment, the Parties hereto agree as follows:

 

1.                                       Replacement of
Attachment 1.  Attachment 1
is hereby deleted in its entirety and replaced in its entirety by the attached Exhibit A
(Attachment 1).

 

2.                                       Replacement of
Attachment 2.  Attachment 2
is hereby deleted in its entirety and replaced in its entirety by the attached Exhibit B
(Attachment 2).

 

3.                                       No Other
Changes.  Except as
expressly amended hereby, all of the terms and conditions of the Contract shall
remain unchanged and shall continue to remain in full force and effect in
accordance with their respective terms.

 

4.                                       Counterparts.  This Amendment may be executed via facsimile
in any number of counterparts and by the Parties hereto on separate
counterparts, each of which counterparts when executed and delivered shall be
an original, but all of which shall together constitute one and the same
instrument.

 

5.                                       CHOICE OF LAW.  THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAWS
PROVISIONS THERETO (OTHER THAN SECTION 5-1401 OF THE GENERAL OBLIGATIONS
LAW OF THE STATE OF NEW YORK).

 

 

[Signature Page Follows]

 

 

IN WITNESS WHEREOF, the
Parties have executed this Amendment as of the date first written above.

 

 

	
   

  	
  NOBLE ENVIRONMENTAL
  POWER 2007

  
	
   

  	
  EQUIPMENT CO., LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Charles C. Hinckley

  
	
   

  	
  Name: Charles C.
  Hinckley

  
	
   

  	
  Title: President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  GENERAL
  ELECTRIC COMPANY

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
      /s/
  Richard Schubert

  
	
   

  	
  Name:

  	
  Richard Schubert

  
	
   

  	
  Title:

  	
  Commercial Director

  
				

 

 

EXHIBIT A

 

Attachment
1

 

 

Attachment
1

 

Description
of Projects and Scheduled Major Component Shipment Dates

 

Projects

 

Wethersfield Project is
the approximately 138 MW wind generation facility to be located in the State of
New York, near the town of Eagle, and is expected to be constructed over 2
years.

 

Bliss II Project is the
approximately 27 MW wind generation facility to be located in the State of New
York, near the town of Bliss.

 

Ellenburg II Project is
the approximately 21 MW wind generation facility to be located in the State of
New York, near the town of Ellenburg in the County of Clinton.

 

Chateaugay
Project is the approximately 106.5 MW wind generation facility to be located in
the State of New York, near the town of Chateaugay in the County of Franklin.

 

 

Shipment
Schedule

 

Turbine Shipment Schedule for 2007

 

	
  Fiscal

  Week

  	
   

  	
  Major

  Component

  Shipment

  Date[1]

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  Weekly

  Total

  	
   

  	
  Cumulative

  Total

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
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  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
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  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
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  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
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  ***

  	
   

  	
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  ***

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
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  ***

  	
   

  
	
  ***

  	
   

  	
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  ***

  	
   

  	
   

  	
   

  	
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  ***

  	
   

  	
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  ***

  	
   

  	
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  ***

  	
   

  	
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  ***

  	
   

  	
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  ***

  	
   

  	
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  Total

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  150

  	
   

  

 

 

EXHIBIT B

 

Attachment
2

 

 

Attachment
2

 

Scope
of Work

 

	
  Item

  	
   

  	
  Item Price

  	
   

  	
  Quantity

  	
   

  	
  Total Price

  
	
  Wind
  Turbine Generator (WTG) (1)

  ·                   Nacelle and hub: 1.5
  MW SLE (2)

   

  ·                   Tower: MTS 3-section
  with T-flange (3)

   

  ·                   Blade set: 77 meter
  rotor diameter (4)

   

  ·                   Down tower assembly (5)

   

  ·                   Parts shipped loose
  kit

   

  ·                   500 Lb Capacity winch

  	
   

  	
  ***

  	
   

  	
  150 total 

  Wethersfield: 46

  Bliss 11: 19

  Chateaugay: 71

  Ellenburg 11: 14

  	
   

  	
  ***

  
	
  Site
  Specific Loads Analysis (6)

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  
	
  Base
  GE SCADA (7)(8)

  	
   

  	
  ***

  	
   

  	
  2

  	
   

  	
  ***

  
	
  LVRT2

  	
   

  	
  ***

  	
   

  	
  33

  	
   

  	
  ***

  
	
  ZVRT

  	
   

  	
  ***

  	
   

  	
  117

  	
   

  	
  ***

  
	
  Cold Weather Extreme

  Temperature Range:

  Operation: -30oC to +40o C

  Survival: -40oC to +50o C

  Note:
  At higher elevations, the

  maximum operating temperature

  is reduced.

  	
   

  	
  ***

  	
   

  	
  150

  	
   

  	
  ***

  
	
  Base
  Wind Farm Management

  System

  	
   

  	
  ***

  ***

  	
   

  	
  150

  2

  	
   

  	
  ***

  ***

  
	
  Project
  Support Services (9)

  	
   

  	
  ***

  ***

  ***

  ***

  ***

  	
   

  	
  0

  19

  46

  14

  71

  	
   

  	
  ***

  

 

 

	
  Special
  installation tools

  	
   

  	
  ***

  	
   

  	
  One per heavy lift crane (plus one additional if Project is greater than
  20 Units)

  	
   

  	
   

  
	
  Shipping
  fixtures

  Forty-five (45) double bladed

  shipping fixtures

  	
   

  	
  ***

  	
   

  	
  45

  	
   

  	
  ***

  
	
  Warranty
  (as described in the

  Contract)

  	
   

  	
  ***

  	
   

  	
  All

  	
   

  	
  ***

  
	
  Dynamic
  VAR Control

  	
   

  	
  ***

  	
   

  	
  2

  	
   

  	
  ***

  
	
  Enhanced
  Reactive Power Capability

  ·                  Static power factor
  setting between 0.90 overexcited (lagging, reactive power delivered) to 0.90
  underexcited (leading reactive power absorbed) at 1.0pu voltage (575V) and
  full power (1500kW) at the WTG terminals.

  	
   

  	
  ***

  	
   

  	
  150

  	
   

  	
  ***

  
	
  Total Contract Price

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  

 

NOTES:

 

(1)                                  Summary
specifications

·                  Standard Temperature Range:

 

·                  Operation:  -15oC to +40o C.

 

·                  Survival: -20oC to +50o C.

 

Note: At higher elevations, the maximum operating
temperature is reduced.

 

·                  Corrosion Protection per ISO
12944-2: External components rated to C3; internal rated to C2.

 

·                  Static power factor setting
between 0.95 overexcited (lagging, reactive power delivered) to 0.90
underexcited (leading reactive power absorbed) at 1.0pu voltage (575V) and full
power (1500kW) at the WTG terminals.

 

(2)                                  Includes
generator, main shaft, bearings, drive train couplings, rotor hub, gearbox
(with first oil fill), generator cooling system, hydraulic system, yaw drive
system, blade pitch mechanism including drive motors and control system, wind
speed and direction sensors, lightning protection system, braking system,
instrumentation, and other related components.

 

 

GE
Monogram on Nacelle not included unless otherwise instructed by Buyer (210 days
in advance).

 

(3)                                  Three section
steel tower with “T”-flange base for bolting to concrete foundation.  The actual height of the tower is listed in
Drawing 903216 (Please contact Project Manager to obtain the applicable
revision of this drawing).

 

The
foundation anchor bolt pattern is shown in Drawing 903216.  Tower sections to be supplied with loose
parts kit (lugs, bolts, connections) for erection EXCEPT
anchor bolt templates, anchor bolts, rigging equipment, and lifting beam, which
are outside of the Seller’s Scope of Work.

 

Tower
internals include ladders, platforms, power cabling (with all necessary
terminations), fall protection, lighting. 
Towers will be delivered to Site pre-wired.

 

(4)                                  Blade sets
consist of three fiberglass epoxy resin blades in accordance with the Technical
Specifications.

 

(5)                                  Seller’s Scope
of Work includes all electrical and electronic wire and cables from the machine
head to the down tower equipment.  It
does not include splicing labor or crimping tools (but does include heat
shrink, conductive paste, and barrel splices required to splice cable) between
tower sections or connection from BOP equipment (e.g. Padmount transformer) to
the down tower assembly.

 

(6)                                  Based on
Buyer-provided data, as requested in the Windfarm Met Data Form and
Project Information Form, GE will conduct a Site Specific Loads Analysis that
will determine the adequacy of 1.5sle. GE’s review will determine if the
foregoing Scope of Work is sufficient based on:

 

·                  Number of days with
temperature below –20°C

 

·                  Predicted fatigue loading

 

·                  Predicted maximum 3 second
gust, 50 year return period

 

·                  Expected seismic loading

 

The
Buyer is responsible for assessing the nature of the conditions at the Site and
submitting the requested information in a timely manner. A Site Specific Loads
Analysis is to be carried out by the Seller’s engineering team in accordance
with the established standards and procedures applied in a non-discriminatory
manner for each proposed wind farm location. 
If the Scope of Work is not sufficient, one or more of the Options
described in the Schedule of Options may be recommended by the Seller. In some
cases (for example, extreme expected seismic loads), a specialized
configuration may be necessary that can delay the Scheduled Major Component
Shipment Dates and/or increase the Contract Price and/or the Purchase Order
Price. Such Site-specific risks are sole responsibility of the Buyer.

 

(7)                                  Base GE SCADA
system: Includes a basic communication rack that can support up to four (4) single-mode
communication loops (that connect the first WTG in the loop to the master SCADA
communication rack), and four (4) multi-mode loops.

 

 

(8)                                  One (1) Metmast
SCADA package (enclosure, anemometer, windvane, sensors, cable, boom) per each
test tower required per the Machine Power Performance Tests (MPPT), assuming
each Unit to be tested will require an associated test tower to satisfy the
elevation relationship requirements is also included.

 

(9)                                  Project Support
Services include:

 

·                  Technical Advisory Support
at the Project Site during installation, Startup and Commissioning.

 

·                  Site receiving supervision
and inventory control for the Seller’s Scope of Work.

 

·                  Supervision of use of
specialized installation tools.

 

·                  Commissioning of Unit,
SCADA, and WFMS (if WFMS option is selected by the Buyer).

 

·                  Start-up support during
initial operations to assist O&M Staff.

 

·                  Two full sets of operations
and maintenance manuals printed and bound plus a copy on CD.

 

·                  The Project Support Services
shall include a staffing plan for each Project and a number of man-weeks of
services to be provided for each Project, and shall be provided to the Buyer at
least 120 days in advance of the performance of the Work at the Site for the
Project.

 

·                  These prices are based upon
the following assumptions:

 

(1)                                  That the
multiple Project sites for each quote are immediately adjacent to one another
and hence the Seller’s team will not have to relocate any construction
facilities for the duration of the portfolio of projects.

 

(2)                                  That this
schedule of deliveries/installation/commissioning is done at a rate of at least
*** Units per week, and that this is
done consecutively, not at the same time (within the two priced project groups)

 

·                  Blade re-torquing, as
required, will be an additional cost to Buyer.Exhibit
10.9

 

EXECUTION
VERSION

 

CONFIDENTIAL
TREATMENT HAS BEEN REQUESTED FOR THE REDACTED PORTIONS OF THIS AGREEMENT. THE
REDACTIONS ARE INDICATED WITH THREE ASTERISKS (“***”). A COMPLETE VERSION OF
THIS AGREEMENT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE
COMMISSION.

 

MASTER CONTRACT

 

FOR THE SALE OF POWER
GENERATION EQUIPMENT

 

AND RELATED SERVICES

 

(2008 WTGs)

 

Dated
as of October 17, 2006

 

 

Table of
Contents

 

	
  ARTICLE 1.

  	
  Effectiveness and Term

  	
  2

  
	
   

  	
   

  	
   

  
	
  ARTICLE 2.

  	
  Purchase and Sale; Purchase
  Orders

  	
  2

  
	
   

  	
   

  	
   

  
	
  ARTICLE 3.

  	
  Projects

  	
  2

  
	
   

  	
   

  	
   

  
	
  ARTICLE 4.

  	
  Shipment

  	
  2

  
	
   

  	
   

  	
   

  
	
  ARTICLE 5.

  	
  Transportation

  	
  3

  
	
   

  	
   

  	
   

  
	
  ARTICLE 6.

  	
  Shipment to Storage

  	
  3

  
	
   

  	
   

  	
   

  
	
  ARTICLE 7.

  	
  Erection

  	
  4

  
	
   

  	
   

  	
   

  
	
  ARTICLE 8.

  	
  Startup and Commissioning;
  Commercial Operation; Acceptance

  	
  5

  
	
   

  	
   

  	
   

  
	
  ARTICLE 9.

  	
  Inspections; Work at the Site

  	
  6

  
	
   

  	
   

  	
   

  
	
  ARTICLE 10.

  	
  Manner of Performance

  	
  7

  
	
   

  	
   

  	
   

  
	
  ARTICLE 11.

  	
  Price

  	
  8

  
	
   

  	
   

  	
   

  
	
  ARTICLE 12.

  	
  Payment Schedule

  	
  9

  
	
   

  	
   

  	
   

  
	
  ARTICLE 13.

  	
  Changes

  	
  10

  
	
   

  	
   

  	
   

  
	
  ARTICLE 14.

  	
  Spare Parts and Consumables

  	
  11

  
	
   

  	
   

  	
   

  
	
  ARTICLE 15.

  	
  Title and Risk of Loss

  	
  11

  
	
   

  	
   

  	
   

  
	
  ARTICLE 16.

  	
  Warranty

  	
  12

  
	
   

  	
   

  	
   

  
	
  ARTICLE 17.

  	
  Delays in Shipment and
  Commercial Operation

  	
  14

  
	
   

  	
   

  	
   

  
	
  ARTICLE 18.

  	
  Power Curve Guarantee

  	
  15

  
	
   

  	
   

  	
   

  
	
  ARTICLE 19.

  	
  Sound Level

  	
  16

  
	
   

  	
   

  	
   

  
	
  ARTICLE 20.

  	
  Suspension

  	
  16

  
	
   

  	
   

  	
   

  
	
  ARTICLE 21.

  	
  Termination

  	
  17

  
	
   

  	
   

  	
   

  
	
  ARTICLE 22.

  	
  Excusable Delays

  	
  18

  
	
   

  	
   

  	
   

  
	
  ARTICLE 23.

  	
  Indemnity

  	
  19

  
	
   

  	
   

  	
   

  
	
  ARTICLE 24.

  	
  Limitations of Liability

  	
  21

  
	
   

  	
   

  	
   

  
	
  ARTICLE 25.

  	
  Insurance

  	
  21

  

 

i

 

	
  ARTICLE 26.

  	
  Taxes

  	
  24

  
	
   

  	
   

  	
   

  
	
  ARTICLE 27.

  	
  Intellectual Property

  	
  25

  
	
   

  	
   

  	
   

  
	
  ARTICLE 28.

  	
  Software License

  	
  26

  
	
   

  	
   

  	
   

  
	
  ARTICLE 29.

  	
  Proprietary Information

  	
  27

  
	
   

  	
   

  	
   

  
	
  ARTICLE 30.

  	
  Assignment

  	
  29

  
	
   

  	
   

  	
   

  
	
  ARTICLE 31.

  	
  Representations and
  Warranties

  	
  30

  
	
   

  	
   

  	
   

  
	
  ARTICLE 32.

  	
  Governing Law; Disputes

  	
  32

  
	
   

  	
   

  	
   

  
	
  ARTICLE 33.

  	
  Miscellaneous

  	
  33

  
	
   

  	
   

  	
   

  
	
  Schedule I –
  Definitions

  	
   

  
	
   

  	
   

  	
   

  
	
  List of Attachments:

  	
   

  
	
   

  	
   

  	
   

  
	
  Attachment 1 – Description of Projects and
  Scheduled Major Component Shipment Dates

  	
   

  
	
  Attachment 2 – Scope of Work

  	
   

  
	
  Attachment 3 – Payment Schedule

  	
   

  
	
  Attachment 4 – Performance Schedule

  	
   

  
	
  Attachment 5 – Schedule of Options

  	
   

  
	
  Attachment 6 – Power Curve Liquidated
  Damages

  	
   

  
	
  Attachment 7 – Termination Payment Schedule

  	
   

  
	
   

  	
   

  	
   

  
	
  List of Exhibits:

  	
   

  
	
   

  	
   

  	
   

  
	
  Exhibit A – Form of Purchase
  Order

  	
   

  
	
  Exhibit B – Form of Mechanical
  Completion Certificate

  	
   

  
	
  Exhibit C – Form of Commercial
  Operation Certificate

  	
   

  
	
  Exhibit D – Form of Acceptance
  Certificate

  	
   

  
	
  Exhibit E-1/E-2 – Form of Lien
  Waiver/(Notarized)

  	
   

  
	
   

  	
   

  	
   

  
	
  List of Appendices:

  	
   

  
	
   

  	
   

  	
   

  
	
  Appendix A – Technical Specifications

  	
   

  

 

ii

 

MASTER CONTRACT

FOR THE SALE OF POWER GENERATION EQUIPMENT

AND RELATED SERVICES

 

THIS AGREEMENT (this
“Contract”) is entered
into as of October 17, 2006, by and between:

 

General Electric Company,
a corporation organized and existing under the laws of the State of New York,
U.S.A., with a place of business at One River Road, Schenectady, New York
12345, U.S.A. (the “Seller”);
and

 

Noble Environmental Power 2008 Equipment Co, LLC, a
limited liability company organized and existing under the laws of Delaware,
with a principal place of business at 8 Railroad Avenue, Second Floor, Suite 8,
Essex, CT 06426, U.S.A. (the “Buyer”).

 

The Buyer and the Seller are referred to
herein individually as a “Party” and collectively as the “Parties”.

 

Recitals

 

WHEREAS, the Seller
is engaged in the business of manufacturing, delivering, and commissioning wind
power generation equipment and providing services related thereto;

 

WHEREAS, the Buyer
intends to develop certain wind energy projects in, as described in further detail in Attachment
1, and/or other wind energy projects to be located in the United States
(each individually, a “Project” and collectively, the “Projects”);

 

WHEREAS, the Seller
desires to sell, and the Buyer desires to purchase, power generation equipment
and related services, each as described in further detail in Attachment 2;
and

 

WHEREAS, the Parties
desire to enter into a master contract for the sale of wind power generation
equipment and related services pursuant to which the Buyer shall issue a
separate turbine purchase order for each wind energy project.

 

1

 

Agreement

 

NOW, THEREFORE, in
consideration of the promises and covenants stated herein, the Parties agree as
follows:

 

ARTICLE
1.        Effectiveness and Term

 

This Contract shall become effective when it
has been signed by both Parties and shall continue to be in effect until
expiration of the Warranty Period, as extended pursuant to Section 16.3
and/or 16.5, with respect to the last Unit purchased under this Contract.

 

ARTICLE
2.        Purchase and Sale; Purchase Orders

 

2.1           Purchase and Sale. 
The
Buyer shall purchase and receive from the Seller, and the Seller shall sell and
deliver to the Buyer, the Equipment and Services as more fully described in Attachment
2 (together, the “Work”), subject to the terms and conditions of
this Contract.

 

2.2           Purchase Order Procedure.  
The Parties have in good faith identified the shipment dates of the
Equipment for the Projects (the “Scheduled Major Component Shipment Dates”)
in Attachment 1 hereto.  The
Parties shall consult on a monthly basis regarding the progress of the Projects
and the availability of the Seller’s facilities for the manufacture of the
Equipment.  No later than seven (7) months
prior to first Unit shipment for each Project, the Buyer shall issue and submit
to the Seller a Purchase Order for each Project substantially in the form of Exhibit A
(each, a “Purchase Order” or “PO”).

 

2.3           Options.  The Buyer shall have the right to
exercise the option to purchase the additional Equipment and/or Services
described in the Schedule of Options attached to this Contract as Attachment
5 (the “Options”) on or before the exercise dates stated
therein.  If any Option is exercised, the
Contract Price, the Purchase Order Price and the Payment Schedule shall be
adjusted as set forth in Section 13.1 and Attachments 2 and 3.

 

ARTICLE
3.        Projects

 

The Seller acknowledges that
the Projects identified by the Buyer in Attachment 1 hereto are the
Buyer’s good faith prediction of projects that the Buyer believes will be
developed during the term of this Contract and the Buyer makes no guarantee
that any particular Project will be successfully developed.  Notwithstanding the foregoing, the Buyer
shall purchase a minimum aggregate of one hundred fifty (150) Units from the
Seller.

 

ARTICLE
4.        Shipment

 

The Seller shall ship the Equipment EXW for
equipment manufactured in the United States or DDP for equipment manufactured
outside of the United States (Incoterms 2000). 
The Seller shall ship the Major Components of each Unit in the quantity
and on or before each Scheduled Major Component Shipment Date set forth in Attachment
1; provided, however, that the Seller shall
not ship any Major Components more than *** days in
advance of the applicable Scheduled Major Component Shipment Date without
providing the Buyer with advance notice and obtaining the Buyer’s prior
consent.   The Seller shall ship the
remaining Equipment of each relevant Unit within ***
Business Days after the applicable Scheduled Major Component Shipment Date as
set forth in Attachment 1.  No later than *** days prior to each Scheduled Major Component Shipment
Date as set forth in 

 

2

 

Attachment 1, the
Buyer shall notify the Seller in writing of the exact location where the Major
Components and the remaining Equipment shall be shipped; provided,
however ̧ that the Buyer may at any time prior to any Scheduled Major
Component Shipment Date notify the Seller of a change in such location and the
Seller shall accept such new location subject to the performance of a Site
Specific Loads  Analysis with respect to
the new location and in accordance with Article 13, and provided further, that the Transportation Charge and Project
Support Services set forth in Attachment 2 hereto to be paid by the
Buyer for the shipment to the new location shall be re-calculated in accordance
with Article 5.

 

ARTICLE
5.        Transportation

 

5.1           General.   The Buyer shall
specify in each Purchase Order whether the Buyer wishes the Seller to transport
the Equipment to the Site or whether the Buyer has made other arrangements for
transportation.

 

5.2           Transportation by the Seller.  If the Purchase Order states that the Seller
is to transport the Equipment described in the Purchase Order, notwithstanding
the allocation of responsibility for loading in the definition of “Ship” in
Schedule 1, the Seller shall load (at no additional charge) and transport that
Equipment to the Site as promptly as reasonably possible and shall charge the
Buyer a fee for the transportation of that Equipment (the “Transportation  Charge”).  The Transportation Charge shall be the  amount
equal to the actual direct costs of transporting that Equipment (excluding
overhead and other indirect charges) plus *** percent (***%) of that amount.  All of the Seller’s overhead and indirect
charges, including, but not limited to, the costs of management, organization
and logistics of the transportation and delivery, shall be included in the ***
percent (***%)

 

5.3           Transportation by the Buyer or Third Party.  If the Purchase Order states that the Buyer or
a third party is to transport the Equipment described in the Purchase Order,
the Seller shall then have no obligation to transport the Equipment described
in the Purchase Order and shall not charge the Buyer a Transportation Charge
for such Equipment: provided, however, that, notwithstanding the
allocation of responsibility for loading in the definition of “Ship” in
Schedule 1, the Seller shall load (at no additional charge) the
Equipment on any collecting transport provided by the Buyer or such third party
if such Equipment is being shipped from the
Seller’s warehouse, port of import or manufacturing facility.

 

ARTICLE
6.        Shipment
to Storage

 

If the Seller is ready to ship any Major Component to
the Buyer prior to the Scheduled Major Component Shipment Date set forth in Attachment
1 but the Seller cannot ship a Major Component to the Buyer within five (5) days
after the applicable Scheduled Major Component Shipment Date due solely to any
cause not attributable to the Seller, the Seller may ship such Major Component
to storage.  If such Major Component is
placed in storage, including storage at the facility where such Major Component
is manufactured, the following conditions shall apply:  (a) title and risk of loss shall
thereupon pass to the Buyer if it had not already passed; (b) any amounts
otherwise payable to the Seller upon delivery or shipment shall be payable upon
presentation of the Seller’s invoice(s) and certification of cause for
storage; (c) all reasonable expenses incurred by the Seller in connection
with such storage, such as for preparation for and placement into storage,
handling, inspection, preservation, insurance, purchase of shipping fixtures,
storage, removal charges and any taxes relating thereto shall be payable by the
Buyer upon submission of the Seller’s invoice(s) and reasonable supporting
documentation; (d) the Services provided herein shall be subsequently
changed to the rate prevailing at the time of actual use and the Buyer shall
pay the net change in the rate; and (e) when the Buyer notifies the Seller
that it is ready to accept the Major Component 
and upon payment of any amounts due hereunder with respect to such Major
Component, the Seller shall resume Shipment of such Major Component.

 

3

 

ARTICLE
7.        Erection

 

7.1           Erection by Buyer. 
The Buyer shall erect each Unit, or cause each Unit to be erected,
substantially in accordance with the specifications set forth in Appendix A.  The Buyer shall notify the Seller when each
Unit achieves Mechanical Completion.

 

7.2           Special
Installation Tools.  The Seller
shall lend to the Buyer, at no cost to the Buyer, special installation tools
for the Buyer’s use only in connection with the installation of the
Equipment.  The Seller shall supply the
special installation tools to the Site at the same time the relevant Equipment
for each Unit is delivered.  Upon the Seller’s
delivery of such special installation tools, the Buyer shall inspect such tools
to confirm that they are in good condition and working order.  The Buyer acknowledges and agrees that all of
the special installation tools provided by the Seller pursuant to this Section 7.2
are owned by the Seller.  The Buyer shall
(a) return the special installation tools promptly after installation of
the final Unit to the Seller in the same condition as received, except for
normal wear and tear; (b) pack and load special installation tools at the
Buyer’s cost; and (c) ship such tools to locations designated by the
Seller at the Seller’s cost. The Buyer shall use such special installation
tools at its own risk and in accordance with the Installation Manual and shall
use reasonable care in storing, handling and using such special installation tools.  If any of the special installation tools is
damaged or destroyed during the period in which the Buyer possesses it pursuant
to this Contract, then the Buyer shall repair or replace such damaged or
destroyed tools at the Buyer’s expense.

 

7.3           Technical Representatives. 
The Seller shall provide on-Site technical advisors starting from the
Delivery of the first Major Component of the first Unit onsite through the
unloading and installation of the last Major Component of the last Unit at a
minimum rate of 2 Units per week to a maximum rate of 6 Units per week unless
otherwise indicated in the Purchase Order, to advise the Buyer with respect to
the Buyer’s compliance with the Seller’s Installation Manual during such
unloading and installation and support and coordinate all customer requirements
during pre-construction through Final Acceptance of each Project, on a
project-by-project basis.  The Parties
acknowledge and agree that the sole purpose of such on-Site advisors is to
provide advice and guidance respecting the installation of the Units and to
observe the same.

 

7.4           Shipping Fixtures.  If required, the Seller shall lend to the Buyer, at no
cost to the Buyer, shipping fixtures for the Buyer’s use only in connection
with the installation of the Equipment. 
The Seller shall supply the shipping fixtures to the Site at the same
time the relevant Equipment for each Unit is delivered.  The Seller is not obligated to supply any
specific type, brand, make or model of shipping fixture.  Upon the Seller’s delivery of any shipping
fixtures, the Buyer shall inspect such shipping fixtures to confirm that they
are in good condition and working order. 
The Buyer acknowledges and agrees that all of the shipping fixtures
provided by the Seller pursuant to this Section 7.4 are owned by the
Seller.  The Buyer shall have the right
to use a maximum of forty-five (45) shipping fixtures (total for all Sites) for
an unlimited amount of time after actual Shipment.  If the Seller is requested to provide
additional shipping fixtures for the Buyer’s use, the Buyer shall have the
right to keep the additional shipping fixtures for a period of 30 days after
actual Shipment.  The Buyer must then
make available for pickup by the Seller the actual number of shipping fixtures
in the Buyer’s possession which total more than forty-five (45).  If the Buyer fails to make such shipping
fixtures available for pickup the Buyer shall pay to the Seller
$1000/day/fixture until they are returned. 
The Buyer shall pack such shipping fixtures in containers, notify the
Seller that they are ready for pickup, and load them onto transport vehicles
provided by the Seller.  If any of the
shipping fixtures are damaged or destroyed during the period in which the Buyer
possesses them pursuant to this Contract, then the Buyer shall repair or
replace such damaged or destroyed shipping fixtures at the Buyer’s
expense.  The Buyer also understands and
agrees that the Seller will not be liable for any reason, including but not
limited to, the supply, misuse or failure of such 

 

4

 

shipping fixtures, and will not have any
right or claim against the Seller for injury, death or damages to the Buyer’s
personnel or property, or those of a third party, which may be caused by the use,
misuse, or failure of such shipping fixtures, except when such liability is
caused by, or such right or claim arises out of, any actions or omissions of
the Seller.

 

ARTICLE
8.        Startup and Commissioning; Commercial Operation; Acceptance

 

8.1           Startup and
Commissioning.  When the
Buyer provides the Seller notice countersigned by the Seller that the
Mechanical Completion of a Unit has been achieved in the form attached hereto
as Exhibit B (a “Mechanical Completion Certificate”), the
Seller shall Startup and Commission such Unit in accordance with Appendix A on
or before the dates established by the Performance Schedule set forth in Attachment
4.  If the Seller does not
countersign or object to any such Mechanical Completion Certificate within ***
days after receipt, such Mechanical Completion Certificate shall be deemed
confirmed and agreed to by the Seller on the date that such Mechanical
Completion Certificate was originally delivered to the Seller. The Buyer shall
achieve Mechanical Completion of the Units at the following rate: (a) *** as a minimum number of Units per week and (b) *** as a maximum number of Units per week; provided, however, that
the Buyer may modify either of such rates in accordance with Article 13. If, after Seller’s mobilization for a Project at
the Site, the Buyer delays the Mechanical Completion of ***  Units for a cumulative total of *** hours or more for any reason other than an excusable event
pursuant to Article 22 or suspension pursuant to Article 20, then (a) the
Seller shall use commercially reasonable efforts to minimize the impact of such
delay on the costs and delays it incurs as a result of such delay, (b) the
performance of the Seller’s obligations shall be equitably extended for a
period of time based upon the time lost as a result of such delay and the
impact on the Seller’s performance of the Work, and (c) the Buyer shall
pay the Seller within thirty (30) days after receipt of an invoice from the
Seller a reasonable price increase for additional labor incurred by the Seller
solely as a result of such delay in excess of the labor the Seller would
otherwise have incurred based on the published rates for Technical Advisory
Services in effect at the time of such delay.

 

8.2           Commercial
Operation.  Each Unit will achieve Commercial Operation
on the first date when each of the following has occurred: (a) Mechanical
Completion has occurred, (b) the Field Commissioning and Acceptance Test
(FCAT) and the Converter Commissioning Test (CCT) have been completed in
accordance with Appendix A, (c) the Unit is safely generating
electric power, and (d) the Seller has delivered a certificate, including
a Punch List (if required), in the form of Exhibit C hereto (a “Commercial
Operation Certificate”).  Each Project will achieve Commercial Operation when every
Unit comprising such Project has achieved Commercial Operation.  If the Buyer agrees with such Commercial
Operation Certificate and the Punch List, the Buyer shall promptly countersign
such Commercial Operation Certificate. If the Buyer does not countersign or
object to any such Commercial Operation Certificate and/or Punch List within
twenty (20) days after receipt, such Commercial Operation Certificate and/or
Punch List shall be deemed confirmed and agreed to by the Buyer on the date that
such Commercial Operation Certificate and/or Punch List was originally
delivered to the Buyer.  If the Buyer
provides timely notice that it disputes such Commercial Operation Certificate,
the Seller shall either (i) at its sole cost and expense, immediately
correct and/or remedy the defects, deficiencies and other conditions so as to
achieve Commercial Operation, or (ii) request that the matter be submitted
to the dispute resolution procedures set forth in Article 32.  If the Buyer provides timely notice that it
disputes the Punch List, the Seller shall either (A) modify the Punch
List, or (B) request that the matter be submitted to the dispute
resolution procedures set forth in Article 32.  The foregoing procedures shall be repeated as
necessary.  Once the Punch List is
established, the Seller shall complete all items listed on the Punch List at
its sole cost and expense and to the Buyer’s satisfaction as promptly as
possible.

 

5

 

8.3           Use. 
Upon Commercial Operation of a Project,
the Buyer shall assume full operational responsibility for such Project.  If the Buyer operates or directs  the operation of a Unit for commercial
purposes prior to the date of Commercial Operation, the Unit will be deemed to
have achieved Commercial Operation on the date of the first such use.

 

8.4           [Intentionally omitted.]

 

8.5           Acceptance.  
Each Unit will achieve Unit Acceptance
on the date when each of the following has occurred: (a) Commercial
Operation of the Unit has been achieved, (b) all Punch List items for the
Unit have been completed, and (c) the Work on the Unit has been completed
in accordance with the Contract.  Each
Project will achieve Final Acceptance when (a) all Units comprising such
Project have achieved Unit Acceptance and (b) the Seller has delivered to
the Buyer a certificate for such Project in the form of Exhibit D
hereto (an “Acceptance Certificate”). If the Buyer agrees with such
Acceptance Certificate, the Buyer shall promptly countersign such Acceptance
Certificate. If the Buyer does not countersign or object to such Acceptance
Certificate within twenty (20) days after receipt, such Acceptance Certificate
shall be deemed confirmed and agreed by the Buyer on the date that such
Acceptance Certificate was originally delivered to the Buyer. If the Buyer
provides timely notice that it disputes such Acceptance Certificate, the Seller
shall either (i) at its sole cost and expense, immediately correct and/or
remedy the defects, deficiencies and other conditions so as to achieve Project
Acceptance, or (ii) request that the matter be submitted to the dispute
resolution procedures set forth in Article 32.

 

8.6           Spare Parts and
Consumables.   The Seller
shall provide the Buyer with all spare parts and consumables required for
Startup and Commissioning of the Seller’s Work at the Seller’s own cost and
expense.

 

ARTICLE
9.        Inspections; Work at the Site

 

9.1           Inspections and Tests at Seller’s Facilities. 
Upon the submission of reasonable advance notice, the Buyer and/or its
representative shall be provided access to the Seller’s facilities during
normal business hours to obtain information on production progress and to make
inspections of manufacture, assembly and testing of the Equipment.  Such access shall be limited to areas relating
to the manufacture, assembly and testing of the Equipment and shall be subject
to the Seller’s reasonable safety precautions; provided
however, that if work of a proprietary nature is being conducted in
any such area, the Seller shall limit the extent of the area or areas affected
by such work to the maximum extent possible and shall use all commercially
reasonable efforts to provide the Buyer with full access to such areas.

 

9.2           Inspections and Tests at Suppliers’ Facilities. 
Upon the submission of reasonable advance notice, the Seller shall make
commercially reasonable efforts to arrange for the Buyer’s access to Suppliers’
facilities during normal business hours for the purposes described in Section 9.1.

 

9.3           Inspection Not Acceptance. 
The Buyer’s inspection of the Equipment or its failure to inspect shall
not relieve the Seller of its obligation to fulfill the requirements of this
Contract, nor is it to be construed as acceptance by the Buyer.

 

9.4           Hazardous
Substances.  If during the performance by the Seller of
the Work at the Site the Seller encounters any Hazardous Substance at the Site
which requires special handling and/or disposal and which was not Released
because of the actions or omissions of the Seller, (a) the Buyer, at its
own cost and expense, shall promptly and properly remove and dispose of such
Hazardous Substance so that the Work may safely proceed, and (b) the
Seller shall not be obligated to commence or continue the Work until the Buyer
causes any such Hazardous Substance to be removed.  If
the Seller produces, transports, or 

 

6

 

causes by
its actions or omissions the Release of any Hazardous Substance , Seller, at
its own cost and expense, shall promptly and properly remove and dispose of the
Hazardous Substance so that the Work may safely proceed.

 

9.5           Site Security. 
During
the performance of the Work, the Seller shall comply with reasonable site security requirements provided
to the Seller by the Buyer.

 

9.6           Site Obligations. 
Within the Seller’s scope of supply defined herein, the Seller shall
take all actions reasonably necessary to protect any and all electric lines and
poles, telephone lines and poles, public roads, highways, waterways, railroads,
sewer lines, natural gas pipelines, drainage ditches, culverts, water wells, or
springs and any and all property of third parties from damage as a result of
performance of the Work and shall comply with the requirements of all
agreements providing the Buyer the right to use the Site.  To the extent any such property is damaged in
the course of the performance of the Work and is attributable to the negligence
or willful misconduct of the Seller or its Subcontractor or Supplier, the
Seller shall, at its own cost and expense, rebuild, restore or replace such
damaged property.

 

9.7           Emergencies.  In the event
of an emergency that endangers persons or property resulting from the Seller’s
performance of the Work, the Seller shall take such action as may be reasonable
and necessary to prevent, avoid or mitigate injury, damage or loss and shall
report such incidents as soon as possible to the Buyer.

 

9.8           Other Contractors. 
The Seller acknowledges that other contractors may be working at the
Site, and the Seller shall cooperate with and shall not unreasonably delay,
impede or otherwise impair the work of such contractors.

 

9.9           Access. 
During any period in which the Seller is entitled to access to any Unit,
the Buyer shall ensure that: (a) the Seller will have reasonably
unimpaired access to all plant work areas, station cranes and similar
equipment; provided, however,
that the Seller shall not unreasonably delay, impede or otherwise impair the
activities of the Buyer or the Buyer’s other contractors; and provided further that the Seller shall comply
with the Buyer’s and the Buyer’s other contractors’ safety requirements; and (b) a
copy of the control room log is available to the Seller.

 

ARTICLE
10.      Manner of Performance

 

10.1         Compliance with Laws. 
The Seller shall comply with all applicable Laws governing the manner in
which it performs its obligations under this Contract.

 

10.2         Global Sourcing. 
The Seller reserves the right in its discretion to obtain, source,
subcontract, manufacture, fabricate and assemble the Equipment and any
components and systems outside the United States; provided,
however, that the Seller shall adhere to the quality standards and
warranties of the Seller under the Contract in all cases irrespective of
source, and all sourcing shall be consistent with all applicable laws and
regulations; and provided, further, that the
Seller shall bear full responsibility for all cost increases that occur for
whatsoever reason as a result of the Seller’s decision to obtain, source,
subcontract, manufacture, fabricate, assemble, or ship the Equipment or any
components or systems outside the United States.

 

10.3         Subcontractors and Suppliers. 
The Seller shall be responsible for the Work and shall ensure that it
conforms in all respects to the requirements of this Contract, regardless of
any failure of any of its Subcontractors or Suppliers to perform and regardless
of any disagreement between any of its Subcontractors or Suppliers or between
any of its Subcontractors or Suppliers and the Seller.  The Buyer 

 

7

 

shall not be deemed to have any contractual
obligation to, or relationship with, any of the Seller’s Subcontractor or
Supplier by virtue of this Contract.

 

10.4         Export Controls. 
In connection with this Contract, the Parties shall comply at all times
with all applicable export control laws and regulations of the U.S.
Government.  The Buyer shall not, except
as such laws and regulations may expressly permit, make any disposition by way
of transshipment, re-export, diversion or otherwise, of U.S. origin goods and
technical data (including computer software), or the direct product thereof,
supplied by the Seller hereunder.  The
obligations of the Parties to comply with all applicable export control laws and
regulations shall survive any termination of, or discharge of any other
obligations under, this Contract.

 

10.5         Weapons. 
The Buyer hereby certifies that the Equipment, Services, technical data,
software or other information or assistance furnished by the Seller or its
Affiliates under this Contract will not be used in the design, development,
production, stockpiling or use of chemical, biological, or nuclear weapons
either by the Buyer or by any entity acting on the Buyer’s behalf.

 

ARTICLE
11.      Price

 

11.1         Contract Price.  In consideration of the Equipment and the
Services described in Attachment 2, the Buyer shall pay to the Seller
the fixed price of $*** (the “Contract Price”) in
accordance with the Payment Schedule and subject to the terms and conditions as
set forth in this Contract.  Specific
quantities and prices shall be incorporated into each individual PO (the total
of all such prices (as multiplied by the relevant quantities) in each PO for a
given Project, a “Purchase Order Price”). The price of each Unit,
including a pro-rata share of the Services, special installation tools and
shipping fixtures with respect to each Unit and the SCADA system (collectively,
the “Unit Price”), is set forth in Attachment 2 hereto.  The currency in which the Contract Price, the
Purchase Order Price or any other payments due under this Contract are stated
shall be the “Contract Currency.”

 

11.2         ***.

 

11.3         Other Adjustments. 
The Contract Price and/or the Purchase Order Price shall be equitably
adjusted from time to time to account for changes indicated in a Change Order
in accordance with Section 13.1 or 13.3, as applicable.

 

8

 

11.4                           Pricing Assumptions. 
The Contract Price and each Purchase Order Price are based on the design
and manufacture of the Equipment and performance of Services in accordance
with:  (a) those portions of the
codes and standards identified in Appendix A which the Parties agree are
applicable to the Equipment; (b) the applicable national Laws of the
country where the relevant Equipment is manufactured; (c) the ambient site
conditions (including temperature and wind conditions) identified in Appendix
A; (d) those site-specific environmental requirements (including those governing noise emissions) identified in Appendix
A; and (e) those local Laws
(including seismic and wind loading design requirements) which have been
identified in Appendix A; in each case as in effect on the date of this
Contract. For the avoidance of doubt, the Seller shall bear full responsibility
for any subsequent change in codes or standards identified in Appendix A
or in applicable national Laws that affect the Seller’s manufacturing, fabrication,
production, assembly, shipping or transporting processes or activities under
this Contract.

 

ARTICLE
12.                 Payment Schedule

 

12.1                           Seller Invoices.  Payment shall be made in accordance
with the Payment Schedule; provided, however,
that for purposes of the Payment Schedule only, the requirements of Section 8.2(c) shall
be deemed fulfilled on the date that is fifteen (15) days after the date the
last Unit in a Project has fulfilled the requirements of Sections 8.2(a) and
(b) if the Unit has not been able to safely generate electric power solely
as a result of (a) lack of suitable wind,
excessive wind speeds that prevent turbine operation, or sustained on site hub
height wind speeds in excess of 33 miles per hour that prevent hub entry, or (b) the
failure of the Buyer, the Owner or any third party to provide interconnection
or transmission capability.  On or before
the fifth (5th) day of each month, the Seller shall provide the
Buyer with an invoice for all Progress Payments (as so designated on Attachment
3) that are due from the Buyer under this Contract.  For the remaining payments reflected on Attachment
3, the Seller shall provide the Buyer with an invoice at any time after
completion of such milestone; provided,
however, that, if the Seller completes the milestone in advance of
the date indicated on Attachment 4 the Buyer shall not be required to
make such payment for such milestone more than thirty (30) days prior to the
date identified on Attachment 4. The Buyer shall pay the amount of each
invoice that is undisputed within thirty (30) days after receipt by wire
transfer of immediately available funds. 
If the thirtieth (30th) day is not a Business Day, the
payment shall be due on the next Business Day. 
Wire transfer instructions shall be provided on each invoice.  Late payments shall be subject to an interest
charge equal to the Default Rate at that time from the date due until paid in
full.

 

12.2                           Lien
Releases.   The Seller shall provide the Buyer with (a) a
final, unconditional lien release in the  form
attached hereto as Exhibit E-1  as each group of Units is commissioned
together with the invoice for the payment corresponding to the commissioning of
each group of Units and (b) a final, unconditional, notarized lien release
for all of the Units comprising each Project in the form attached hereto
as Exhibit E-2  as the last group of Units comprising such Project is commissioned together with the invoice for the
payment corresponding to the commissioning of such group of Units.  For the avoidance of doubt, the Buyer shall
not be obligated to pay any of the commissioning milestone invoices unless it
has received the corresponding lien releases.

 

12.3                           Punch List Withholding. 
If
the Seller presents a Punch List for any Project pursuant to Section 8.2,
the Buyer shall have the right to withhold one hundred fifty (150%) of the
total value of the items specified on such Punch List, as finalized under Section 8.2,
from its payment due and payable to the Seller under the Payment Schedule until
the date on which such items are fully completed to the satisfaction of the
Buyer.

 

9

 

12.4                           Payment to
Subcontractors and Suppliers.  The Seller shall indemnify and hold
harmless the Buyer from the Seller’s failure to promptly pay its Subcontractors
and Suppliers with respect to the Startup and Commissioning Work at the Site.

 

12.5                           Buyer Invoices.  If at any time the Seller owes any
amount to the Buyer (including, without limitation, payments pursuant to
Sections 11.2, 17.1, 17.2, 18.2 and 19.2, the Buyer shall send the Seller an
invoice for such amount.  The Seller
shall pay any amount of such invoice that is undisputed within thirty (30) days
after receipt by wire transfer of immediately available funds.  If the thirtieth (30th) day is not
a Business Day, the payment shall be due on the next Business Day.  Wire transfer instructions shall be provided
on each invoice.  Late payments shall be
subject to an interest charge equal to the Default Rate at that time from the
date due until paid in full.

 

12.6                           Disputed Payments. 
Within fifteen (15) calendar days after receipt of any
invoice under this Contract, the Party receiving such invoice may, by notice to
the Party rendering the invoice, dispute, in good faith, any amount set forth
in such invoice; provided, however,
that the disputing Party shall pay to the other Party the undisputed portion of
the invoiced amount when due.  Any
dispute relating to any amount of an invoice that is not resolved by the
Parties within fifteen (15) days after the receipt of the notice of such
dispute shall be resolved as provided in Article 32. If the dispute (or
any portion thereof) is resolved in favor of the disputing Party, the other
Party shall, within five (5) Business Days after the date of such
resolution, pay to the disputing Party amounts corresponding to such portion of
the dispute that has been resolved in favor of the disputing Party plus
interest at the Default Rate on such amounts from the date payable under the
invoice to the date paid.

 

12.7                           Payment or Use Not
Acceptance.   No payment to the Seller or any use
of a Project by the Buyer shall constitute an acceptance of any of the
Equipment or Services furnished by the Seller, its Subcontractors or Suppliers
hereunder or shall relieve the Seller of any of its obligations or liabilities
under this Contract.

 

ARTICLE
13.                 Changes

 

13.1                           Buyer-Initiated
Changes.  The Buyer shall have the right to request
that the Seller consider changes to the Equipment or the Services, including
the Options described in Section 2.3 and any other modifications,
alterations or additions.  If the Buyer
wishes to request such a change, the Buyer shall notify the Seller in
writing.  Within fifteen (15) days after
receipt of such notice (unless otherwise extended by mutual agreement), the
Seller shall advise the Buyer of the feasibility of the requested change, any
options for implementing the requested change, and the effect (if any) of each
option on the schedule and the Contract Price and/or the Purchase Order Price.  The Buyer may then submit to the Seller a
draft Change Order.

 

13.2                           Seller-Initiated
Changes.  If the Seller wishes to propose a change to
the Equipment or the Services, the Seller shall submit to the Buyer a draft
Change Order.

 

13.3                           Changes in Law or
Changes in Codes and Standards.  If any Change
in Law or Change in Codes and Standards requires a change to the Work that was
not otherwise caused by any failure or delay of the Party requesting the
change, either Party may propose a change by submitting a draft Change Order to
the other Party.  The Parties acknowledge
that a Change Order shall be granted providing for an equitable adjustment to
the time to perform the Work and the Contract Price and/or the Purchase Order
Price based on the impacts of such Change in Law or Change in Codes and
Standards; provided, however,
that if the Seller reasonably determines that any change to the Equipment
requested under this Section 13.3

 

10

 

is not practicable, the Seller will so notify
the Buyer, and the Buyer may terminate this Contract in accordance with Section 22.1
or may direct completion without change.

 

13.4                           Contents of Draft
Change Order.  The draft Change Order shall include: (a) a
technical description of the proposed change in such detail as the Buyer may
reasonably require; (b) a lump sum firm price adjustment (increase or
decrease) in the Contract Price and/or the Purchase Order Price, if any, caused
by the proposed change and a payment schedule; and (c) all potential
effect(s), if any, on the Scheduled Major Component Shipment Dates set forth in
Attachment 1, or any other schedule or dates for performance by the
Seller hereunder, caused by the proposed change.

 

13.5                           Process for Concluding
Change Order.  The Buyer shall within ten (10) days
after the date of receipt of the draft Change Order either approve or
disapprove the draft Change Order, in writing, or request additional time to
consider the draft Change Order.  If the
Buyer approves the draft Change Order, the Buyer and the Seller shall then sign
the Change Order which shall operate as an amendment to this Contract.

 

13.6                           Agreement Required. 
Notwithstanding anything to the contrary in this Contract, all changes
shall be subject to mutual agreement of the Parties, and no Change Order shall
be effective until signed by both Parties. 
Neither Party shall proceed with any requested change until the Change
Order has been signed by both Parties.

 

ARTICLE
14.                 Spare Parts and Consumables

 

14.1                           Listing of Spare Parts
and Consumables.  The Seller shall provide to the
Buyer a list of recommended spare parts, including any spare parts obtained
from equipment manufacturers and other commercial vendors relating to the Work,
and the price of each item.  The prices listed
do not include the cost of delivery, insurance, sales taxes, customs, duties,
or other similar charges, all of which shall be the responsibility of the
Buyer.  The Seller shall also provide the
Buyer with a schedule of all consumables required for the assembly, erection,
and installation of the Equipment.

 

14.2                           Access to Spare Parts. 
The Seller shall sell to the Buyer spare parts for the repair of each
Unit for a period of at least twenty (20) years after Final Acceptance for the
last Project under this Contract; provided, however, that,
if the Seller discontinues production of any spare part or otherwise is unable
or fails to supply such spare part to the Buyer and the Buyer is unable to
obtain such spare part from a readily available commercial vendor, the Seller
shall provide to the Buyer the address and identity of the Seller’s
Subcontractor or Supplier of such spare part and permission to obtain such
spare part directly from such Subcontractor or Supplier; and provided, further, that if the Seller discontinues
production of any spare part and the Buyer is unable to obtain such spare part
from a readily available commercial vendor or any of the Seller’s
Subcontractors or Suppliers, the Seller hereby agrees that the Seller shall not
assert, or make any claim under, any of its Intellectual Property rights with
respect to such spare part in the event the Buyer elects to make such spare
part itself or through its Subcontractors or Suppliers.

 

ARTICLE
15.                 Title and Risk of Loss.

 

15.1                           Title Warranty. 
The Seller warrants and guarantees that
legal title to, and ownership of, the Equipment shall be free and clear of any
and all liens, security interests, claims or other encumbrances when title
thereto passes to the Buyer.

 

11

 

15.2                           Transfer of Title. 
Title to each item of the Equipment shall pass to the Buyer
on the date when the Seller makes such item available for Shipment from the
warehouse or from the manufacturer’s facility; provided,
however, that when such item is
to be shipped from within a country other than the U.S., title shall pass to
the Buyer when such item has been cleared for import into the U.S.  Title to the Services shall pass to the Buyer
as performed.

 

15.3                           Transfer of Title upon Termination for Convenience.  If this Contract is terminated for
the convenience of the Buyer pursuant to Section 22.1, (a) the Seller
shall retain title to each terminated Unit, and (b) title to each item of
Equipment comprising the non-terminated Units (if applicable) shall pass to the
Buyer upon the later of (i) payment to the Seller of 100% of the Unit
Price of such non-terminated Unit and of the per-Unit termination charges
calculated in accordance with Section 22.1 and the Termination Schedule,
and (ii) when title to such item of Equipment would otherwise have passed
pursuant to this Article 15.

 

15.4                           Risk of Loss. 
With respect to each item of the
Equipment, materials, supplies and other elements of the Work, risk of loss
shall pass to the Buyer upon (a) Delivery to the Buyer, if the Seller
transports the item pursuant to Section 5.2, (b) transfer of title to
the Buyer, if the Seller ships the item to storage pursuant to Article 6,
or (c) transfer of title to the Buyer and satisfaction of the Seller’s
obligations set forth in Section 5.3, if the Buyer or a third party is
transporting the item pursuant to Section 5.3.  If damage or destruction of the materials,
supplies or other elements of the Work occurs prior to the transfer of risk of
loss, the Seller shall proceed to repair, restore or replace the affected
element at its cost and expense, provided that
the Buyer agrees to make available to the Seller any and all insurance proceeds
(and rights to bring claims under the Buyer’s insurance policies) which may
apply to the damage or destruction.

 

ARTICLE
16.                 Warranty

 

16.1                           Warranty Period. 
The Seller shall warrant each Unit and
its associated Equipment and Services on the terms set forth herein from the
effective date of this Contract until the earlier of: (a) the date that is
twenty-four (24) months after Commercial Operation of such Unit, or (b) the
date that is thirty-nine (39) months after Shipment of the last Major Component
of such Unit (the “Warranty Period”).

 

16.2                           Nature of the Warranty. 
The Seller warrants to the Buyer that
during the Warranty Period: (a) the Equipment supplied hereunder shall be
designed and fit for the purpose of generating electric power when operated in
accordance with the Seller’s specific operation instructions and, in the
absence thereof, in accordance with generally accepted operation practices of
the wind power industry; (b) the Equipment supplied hereunder shall be
free from defects in material, workmanship and title; (c) the Equipment
supplied hereunder shall be new and unused; (d) the Equipment supplied
hereunder conforms in all respects to the Technical Specifications; and (e) the
Services supplied hereunder shall be performed in a competent, diligent manner
in accordance with Prudent Engineering Practices, Prudent Industry Practices,
the Seller’s manufacturer’s requirements and all applicable Laws.

 

16.3                           Serial Defects. 
If the same defect or deficiency shall
occur in the same part or component of twenty per cent (20%) or more of the
Units (a “Serial Defect”), the Seller shall promptly investigate the
root cause of such Serial Defect, determine whether such Serial Defect is
reasonably likely to occur in any additional Units, and provide the Buyer with
a detailed written report addressing these issues. The warranties set forth in
this Article 16 shall continue to be in full force and effect for the part
or component containing the Serial Defect for an additional eighteen (18)
months beyond the expiration of 

 

12

 

the applicable
Warranty Period.  Any dispute between the
Parties as to whether there is a Serial Defect shall be determined in
accordance with Article 32.

 

16.4                           Remedy.  If a Project or
any part thereof does not meet the warranties specified in Section 16.2
during the Warranty Period, the Buyer shall promptly notify the Seller in
writing and shall promptly make such Project or part thereof available for
correction.  The Seller, at its sole cost
and expense, shall as soon as is practicable thereafter correct any warranty
defect or breach by repairing or replacing (at its option) the defective or
inadequate parts of any Equipment or by reperforming any defective or
inadequate Services.  The Seller shall be
responsible for the installation of any repaired or replacement part and for payment
of any customs duties or similar levies that may be assessed as a result of the
Shipment of any such repaired or replacement part.  The condition of any tests shall be mutually
agreed upon, and the Seller shall be notified of, and may be represented at,
all tests that may be made.  In the event
that the Seller refuses, fails, or is otherwise unable, to remedy the warranty
defect or breach within a reasonable period of time after the receipt of notice
from the Buyer, the Buyer shall have the right to hire one or more third
parties to remedy such defect or breach and the Seller will be obligated to pay
the reasonable costs of such third party(ies) if the Seller agrees there was a
warranty defect or breach or if it is determined that there was a warranty
defect or breach  in dispute resolution.

 

16.5                           Warranty on Remedial
Work.  Any
reperformed Service or repaired or replacement part furnished under this
warranty shall carry warranties on the same terms as set forth in this Article 16,
except that the warranties on such reperformed Service or repaired or
replacement part shall extend until the later of: (a) the end of the
original Warranty Period, or (b) the date that is twelve (12) months after
the date of such reperformance, repair or replacement.  In any event, the warranty period for such
reperformed Service or repaired or replacement part shall end twelve (12)
months after expiry of the Warranty Period, subject to Section 16.3.

 

16.6                           Exclusions. 
The Seller does not warrant the
Equipment or any repaired or replacement parts against normal wear and tear,
including that due to the environment or operation.  The warranties and remedies set forth herein
are further conditioned upon (a) the storage in material conformance with
the storage instructions provided by the Seller, installation, operation, and
maintenance of the Equipment and in material conformance with the operation
instruction manuals (including revisions thereto) provided by the Seller and/or
its Subcontractor or Suppliers as applicable and (b) repair or
modification only pursuant to the Seller’s instructions, with the Seller’s
approval (which shall not be unreasonably withheld), or in accordance with Section 16.4.  The Buyer shall keep proper records of
operation and maintenance during the Warranty Period.  These records shall be kept in the form of
logsheets, and copies shall be provided to the Seller upon its request and at
its sole cost and expense.

 

16.7                           Software
Warranties.  The
Seller warrants to the Buyer that during the Warranty Period and under normal
use the media in which the Software is embedded shall be free from defects in
material and workmanship.  The Seller
warrants to the Buyer that during the Warranty Period the Software will perform
substantially in accordance with its Documentation.  If, during the Warranty Period, an Error
occurs (where “Error” is defined as a failure of the unmodified (except as
contemplated in the Technical Specifications or the Documentation) Software to
operate substantially in accordance with the Technical Specifications and the
Documentation), the Seller will use commercially reasonable efforts to correct
such Error, if the Buyer furnishes the Seller with the following:  (i) written notice of the warranty
claim, including a description of the failure to perform in accordance with the
Documentation and a specific description of the operating conditions (including
the specific software/hardware configuration) under which the failure occurred,
and (ii) to the extent feasible, a representative sample of inputs for
repeating and analyzing the failure. If the Seller is unable, after using
commercially reasonable efforts, to correct the Error, the Parties shall follow
the dispute resolution process set forth in Article 32. The Seller does not 

 

13

 

warrant that
the Software or the Documentation (or the Buyer’s use of it) will be free from
all Errors or that its use will be uninterrupted.   Any remedial steps taken by the Seller shall
extend the Warranty Period in accordance with Section 16.5.  Except as expressly authorized by the Seller
in writing, all Third-Party Software shall carry only the warranties provided
by its owners.  The Seller makes no
warranties with respect to the Third-Party Software.

 

16.8                           Exclusive Remedies and
Warranties.  Except for
the provisions of Articles 12, 17, 18, 19, 21, 27 and 28, the preceding
paragraphs of this Article 16 set forth the exclusive remedies for all
claims based on failure of, or defect in, the Equipment and Services provided under
this Contract, whether the failure or defect arises before or during the
Warranty Period and whether a claim, however instituted, is based on contract,
indemnity, warranty, tort (including negligence), strict liability or
otherwise.  Except for the provisions of
Articles 12 17, 18, 19, 21, 27, and 28, the foregoing warranties are exclusive
and are in lieu of all other warranties and guarantees whether written, oral,
implied or statutory.  NO IMPLIED
STATUTORY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE SHALL
APPLY.

 

ARTICLE
17.                 Delays in Shipment and Commercial Operation

 

17.1                           Shipment. 
If any of the Major Components
associated with any Unit is not Shipped on or before (with the prior approval
of the Buyer) the Scheduled Major Component Shipment Date set forth in Attachment
1 for reasons attributable to the Seller and not excused elsewhere in this
Contract, the Seller shall pay as liquidated damages, and not as a penalty, a
sum calculated in accordance with the table below for each Unit for each day of
delay after the Scheduled Major Component Shipment Date as set forth in Attachment
1 until actual Shipment of the last Major Component for such Unit:

 

	
  Days after Scheduled Major

  Component Shipment Date

  	
   

  	
  Liquidated Damages

  (per day or partial day)

  
	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  

 

Such
liquidated damages, if any, shall be computed based on the date of Shipment of
the last Major Component for a given Unit and such computations shall disregard
any part of or accessory to the Major Component which may be shipped separately
and arrive later unless such part of or accessory to the Major Component is
necessary for the installation of the Major Component.

 

17.2                           Commercial
Operation.  If any Unit
has not achieved Commercial Operation (as defined in Section 8.2 within
ten (10) days following Mechanical Completion, the Seller shall pay as
liquidated damages, and not as a penalty, a sum calculated in accordance with
the table below for each Unit for each day of delay until Commercial Operation
of such Unit is achieved:

 

	
  Days of Delay after

  Mechanical Completion date

  plus 10 days

  	
   

  	
  Liquidated Damages

  (per day or partial day)

  
	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  

 

provided, however, that the date of
Mechanical Completion for any Unit shall be extended day for day for any full
day on which Commercial Operation for such Unit is delayed solely as a
result  of (a) lack of 

 

14

 

suitable wind, excessive wind speeds that
prevent turbine operation, or sustained on site hub height wind speeds in
excess of 33 miles per hour that prevent hub entry, (b) the failure of the
Buyer, the Owner or any third party to provide interconnection or transmission
capability, or (c) the Buyer operating or directing the operation of such
Unit for commercial purposes prior to the date of Commercial Operation.

 

17.3                           Limitations. The
Seller’s aggregate liability under this Article 17 for liquidated damages
for delay in Shipment of Major Components and for delay in Commercial Operation
with respect to a Project that includes the delayed Unit(s) shall not
exceed *** percent (***%) of the amount
of the Purchase Order Price for such Project. The liquidated damages for delay
in Shipment of Major Components and for delay in Commercial Operation shall be
the Buyer’s sole and exclusive remedies for such delays.

 

17.4                           Nature of Liquidated
Damages.  The Parties
acknowledge that the Buyer shall suffer damages that will be difficult to
ascertain if the Seller fails to comply with the Scheduled Major Component
Shipment Dates or if Commercial Operation is delayed.  The Parties agree that the liquidated damages
specified in this Article 17 are reasonable compensation for such failures
and delays.

 

ARTICLE
18.                 Power Curve Guarantee

 

18.1                           Guarantee. 
If a Project is tested in accordance
with this Contract and the Technical Specifications, and subject to the
conditions therein specified, the Seller guarantees that during the Warranty
Period such Project will achieve *** percent (***%) of the energy yield computed on the basis of the
theoretical characteristic performance curve included in Appendix A  (the “Power Curve Guarantee”).

 

18.2                           Power Curve Tests. 
To demonstrate that the Power Curve
Guarantee has been fulfilled, the Buyer may elect at its own expense to cause
the Units identified by the Buyer prior to the Commercial Operation of the
first Unit (the “Nominated Units” as described in further detail in Appendix
A, Technical Specifications) to be tested by an independent engineer
reasonably acceptable to the Seller.  If
when first so tested the average performance of all Nominated Units fails to
meet the Power Curve Guarantee, then:  (a) the
Seller shall reimburse the Buyer for the cost of the initial test; (b) during
the three (3) months next following such test, the Seller shall be
afforded thirty (30) continuous days of access to each of the Nominated Units
to undertake adjustments, and no later than the end of such three-month period
the Seller shall re-test the Nominated Units at its sole cost and expense; provided, however, that the Buyer shall pay for the last,
successful test; and (c) at the end of each successive twelve-month
portion of the Warranty Period, the Seller shall pay to the Buyer as liquidated
damages, and not as a penalty, a sum calculated in accordance with Attachment
6, commencing at the beginning of the Warranty Period and continuing until
the end of the Warranty Period or until a subsequent test of the Nominated
Units shows that they meet the Power Curve Guarantee.

 

18.3                           Re-Testing. 
If at the first re-test the Nominated
Units fail to meet the Power Curve Guarantee, the Seller shall be permitted
reasonable access to the Nominated Units to perform adjustments and may at its
option and expense perform additional tests at intervals of no less than three (3) months
until the end of the Warranty Period or until a subsequent test of the
Nominated Units shows that they meet the Power Curve Guarantee.  If at the end of the Warranty Period the
Nominated Units have not met the Power Curve Guarantee, the Seller shall pay to
the Buyer as additional liquidated damages, and not as a penalty, a sum
calculated in accordance with Attachment 6.

 

15

 

18.4                           Other Units.  At the Buyer’s option, the Seller
shall, at its expense, either (a) make any repairs performed on one or
more Nominated Units to all of the Units, or (b) make any repairs
performed on one or more Nominated Units to the Units designated by the Buyer.

 

18.5                           Limitations. 
The Seller’s aggregate liability under
this Article 18 for liquidated damages for failure to achieve the Power
Curve Guarantee shall not exceed *** percent (***%) of the Purchase Order Price for the relevant
Project.  The liquidated damages for
failure to achieve the Power Curve Guarantees and the corrective action
required by this Article 18 to be taken by the Seller for deficiencies in
performance shall be the Buyer’s exclusive remedies for such deficiencies.

 

18.6                           Nature of Liquidated
Damages.  The Parties
acknowledge that the Buyer shall suffer damages that will be difficult to
ascertain if the Seller fails to achieve the Power Curve Guarantee.  The Parties agree that the liquidated damages
specified in this Article 18 are reasonable compensation to the Buyer for
such failure.

 

ARTICLE
19.                 Sound Level

 

19.1                           Guarantee. When
tested in accordance with this Contract and the Technical Specifications, and
subject to the conditions therein specified, the Seller guarantees that the
sound emitted from each Unit during the Warranty Period shall not exceed the Sound
Level Guarantee set forth in Appendix A.

 

19.2                           Sound Tests If any Unit fails
to meet the Sound Level Guarantee, the Seller shall at its option and at its
sole cost and expense either (a) take such corrective action as will cause
such Unit to achieve the guaranteed sound level, including adjustments to
controls or operating parameters, or (b) with the Buyer’s consent, effect
a release or other settlement of any claims (whether for nuisance or otherwise)
from cognizant governmental authorities and persons directly affected by the
sound level at the Unit.  Except as may
be provided in the Contract, the performance of the obligations set forth in
subparagraphs (a) or (b) above shall be the Buyer’s exclusive remedy
for excess sound levels.   If the
corrective action taken pursuant to item (a) above includes any adjustment
to controls or operating parameters, the Buyer shall have the right to request
the Seller to re-test the Power Curve Guarantee with respect to the relevant
Units, in which case the provisions of Article 18 shall be applicable.

 

ARTICLE
20.                 Suspension

 

20.1                           Suspension by
Buyer of Work at Site.  The Buyer shall have the right, at any time, to
suspend Work at the Site upon written notice to the Seller.  Upon the Seller’s receipt of such notice, the
Seller shall immediately suspend the performance of all Work at the Site
under this Contract, and the Seller shall
notify all of its Subcontractors and Suppliers of the suspension. During
the suspension, the Seller shall protect and take care of all Work supplied or
to be supplied under this Contract, and the Parties shall cooperate in good
faith to maintain the commitments of the Seller’s Subcontractors and
Suppliers.  The Seller shall use
commercially reasonable efforts to minimize the impact of the suspension on the
costs and delays it incurs as a result of the suspension.  Any costs reasonably and actually incurred by
the Seller as a result of the suspension (including storage costs) in excess of
the costs the Seller would otherwise have incurred shall be payable by the
Buyer within thirty (30) days after receipt of an invoice from the Seller.  Performance of the Seller’s obligations shall
be equitably extended for a period of time based upon the time lost as a result
of the suspension and the impact on the Seller’s performance of the Work.

 

16

 

20.2                           Suspension by Buyer of
Manufacturing.  It is expressly agreed that the Buyer shall
have no right to suspend manufacture of the Equipment.

 

ARTICLE
21.                 Termination

 

21.1                           Termination for
Convenience.  The Buyer shall
have the right to provide notice to the Seller terminating this Contract for
its convenience with respect to any Unit until the earlier of the dates:  (a) when title to such Unit has passed
to the Buyer pursuant to Article 15, or (b) when such Unit has been
Shipped to the Buyer.  Termination will
be effective upon the later of: (x) receipt by the Seller of termination
charges calculated on a per Unit basis with respect to the applicable number of
Units in accordance with the Termination Schedule included in Attachment 7 and
(y) receipt by the Seller of 100% of the Unit Price for each Unit which
was not terminated.

 

21.2                           Grounds for
Termination by Buyer.  The Buyer shall have the right to terminate this
Contract for cause in the event that the Seller: (a) becomes insolvent,
makes an assignment for the benefit of its creditors, has a receiver or trustee
appointed for the benefit of its creditors, or files for protection from
creditors under any bankruptcy or insolvency laws; provided, however, that, in the case of an involuntary
proceeding, such proceeding is not dismissed or stayed within forty-five (45)
days after it is commenced; or (b) breaches and fails to comply with or
perform its material obligations; provided,
however, (i) that the Buyer shall first have provided the
Seller with written notice of the nature of such breach and of the Buyer’s
intention to terminate this Contract as a result of such breach, and (ii) that
the Seller shall have failed within thirty (30) days after receipt of such
notice to cure such breach.

 

21.3                           Remedy in the Event of
Termination by Buyer.  If the Buyer terminates this Contract as provided in Section 21.2,
in addition to its rights to pursue any remedy existing at law or in equity,
the Buyer shall have the right to have the Work (or comparable equipment and
services) completed by other vendors for equipment and services comparable to
the Equipment and Services described in this Contract.  If the sum of (a) the total cost to the
Buyer of completing the Work, (b) all other damages suffered by the Buyer
as a result of the default by the Seller, and (c) all amounts previously
paid to the Seller under this Contract, exceeds the Contract Price, the Seller
shall pay the difference to the Buyer in the Contract Currency within thirty
(30) days after receipt of an invoice from the Buyer.

 

21.4                           Technical Assistance;
Upgrades and Support.  Upon termination of this Contract, the Seller shall provide
the Buyer for the remaining life of each Project, but not to exceed twenty (20)
years from the date of Final Acceptance of the Project, with (a) technical
assistance and support and all hardware or software improvements for such
Project generally made available to the purchasers of the Seller’s Equipment
and/or Services, and (b) Software updates and upgrades and technical
bulletins and updates made generally available to the Seller’s customers or
provided to its own operating personnel for use in connection with such
Project, together with any revisions or other modifications to the Software as
the Buyer may request from time to time. 
All such technical assistance, improvements, Software updates and
upgrades and technical bulletins and updates shall be provided at the Buyer’s
request, and the Seller shall be reimbursed therefore at the then-current rates
charged by the Seller from time to time for similar services to other customers
of the Seller which have purchased wind power generation equipment, or, if such
services are not being provided to such customers, then at the Seller’s
standard rates.  The Buyer shall use such
Software updates and upgrades in accordance with the License set forth in Article 28.

 

21.5                           Grounds for
Termination by the Seller.  Subject to the rights of any Financing Party, the
Seller shall have the right to terminate this Contract for cause in the event
that the Buyer: (a) becomes insolvent, makes an assignment for the benefit
of its creditors, has a receiver or trustee appointed for the benefit of its
creditors, or files for protection from creditors under any bankruptcy or
insolvency laws; 

 

17

 

provided,
however, that, in the case of an involuntary proceeding, such
proceeding is not dismissed or stayed within forty-five (45) days after it is
commenced; or (b) fails to make any payment when due as set forth in this
Contract;  provided, however, (i) that the Seller shall first have
provided the Buyer with written notice of the nature of such failure and of the
Seller’s intention to terminate this Contract as a result of such failure, and (ii) that
the Buyer shall have failed within thirty (30) days after receipt of such
notice to correct such failure.

 

21.6                           Remedy in the Event of
Termination by the Seller.  If the Seller terminates this Contract as provided in
Section 21.5, the Buyer shall pay to the Seller the charges set forth in
the Termination Schedule in Attachment 7 as the Seller’s exclusive
remedy, and the Seller shall have no right to damages or compensation for such
termination other than payment of the charges set forth in Attachment 7.

 

21.7                           Financing Party Cure
Rights.  The Seller
may not exercise its right to terminate this Contract under Section 21.5
unless the Seller delivers to the Financing Parties notice of the Buyer’s
failure to cure the default (a “Default Notice”) and the Seller’s intent
to terminate as a result thereof at the same time the Seller delivers notice
thereof to the Buyer.  Each Financing
Party or one or more of its designees shall have the right to cure the Buyer’s
default within sixty (60) days after the date the Financing Party receives such
Default Notice; provided, however,
that if the nature of any non-monetary default by the Buyer is such that it
cannot be cured by the Financing Party or one or more of its designees without
having taken possession of one or more of the Projects, the time provided
herein to remedy such default shall be extended for such period of time as is
reasonably necessary for the Financing Party or one or more of its designees to
lawfully obtain possession of, and be legally entitled to operate, such
Projects.   If the Financing
Parties intend, or cause one or more of their designees, to assume this
Contract, they shall provide notice thereof to the Seller within sixty (60)
days after receipt of the Default Notice. 
For the avoidance of doubt, the Financing Party may assign part or all
of the rights under this Contract, including the Equipment and related
services, to one or more designees without the Seller’s consent. Once any
default of the Buyer under this Contract is cured by one or more Financing
Parties or one or more of their designees, the Seller’s rights to terminate
this Contract and to collect termination charges as a result of such default
shall be of no further force and effect.

 

ARTICLE
22.                 Excusable Delays

 

22.1                           Excusable Delays. 
Neither Party shall have any liability
or be considered to be in breach or default of its obligations under this
Contract to the extent that performance of such obligations is delayed or
prevented, directly or indirectly, due solely to causes that are unforeseeable
as of the effective date of this Contract and beyond its reasonable control,
including (a) acts of God, acts (or failures to act) of governmental
authorities after the exercise of reasonable diligence, fires, severe weather
conditions, earthquakes, strikes or other labor disturbances, floods, war
(declared or undeclared), epidemics, civil unrest, riots, delays in
transportation, or car shortages;  or
(b) in the case of the Seller, shipment to storage in accordance with Article 6.  The affected Party shall (w) notify the
other Party promptly of the occurrence of any such event (and, in any event,
within ten (10) days after such event) describing the details of the
event; (x) notify the other Party of the expected duration and likely
impact of the event within twenty (20) days after such event; (y) use all
commercially reasonable efforts to overcome the cause and effects of such
delay; and (z) notify the other Party promptly after the affected Party is
able to resume performance.  The dates of
Shipment or of other performance under this Contract shall be equitably
extended for a period of time based upon the time lost as a result of the excusable
delay and the impact on the Seller’s performance of the Work.

 

22.2                           Termination for
Extended Delay.
 If the
entire Work is suspended because of an excusable delay for more than one
hundred eighty (180) days and the Parties have not agreed upon a 

 

18

 

revised basis for
continuing the Work at the end of such period, then either Party, upon thirty
(30) days written notice, may terminate the Contract with respect to the
portion of Equipment to which title has not yet passed at no cost or penalty,
unless the delay was caused by the Party seeking to terminate.

 

ARTICLE
23.                 Indemnity

 

23.1                           General Indemnity  Each Party (each
an “Indemnifying Party”) shall indemnify, defend and hold harmless, the
other Party, its Affiliates, and their officers, employees, agents, Financing
Parties and Subcontractors (each an “Indemnified Party”) against any and
all suits, actions, losses, damages, claims or liability (including, without
limitation, attorneys’ fees and expenses) for any injury or death to any person
or damage to property of third parties arising out of, or in connection with,
negligence or willful misconduct of the Indemnifying Party or its officers,
employees, agents or Subcontractors.

 

23.2                           Environmental
Indemnities.

 

23.2.1                  The Seller shall
indemnify, defend and hold harmless the Buyer, its Affiliates, officers,
employees, agents and Financing Parties against any and all suits, actions,
response actions, orders, losses, damages, civil or criminal penalties, fees,
costs, expenses, claims or liabilities (including, without limitation,
attorneys’ fees and expenses) arising out of, or in connection with, the
Release (or alleged Release) of any Hazardous Substances introduced to the Site
by the Seller, or violations (or alleged violations) of any laws pertaining to
human health and the environment, by the Seller, its Affiliates, officers,
employees or agents or by the Seller’s Subcontractors or Suppliers in
connection with the performance of the Work, including, without limitation,
with respect to (a) any costs, damages or liabilities associated with
personal injury or  death, or (b) damage to property, including the costs of
investigation, cleanup, removal, remedial, corrective or response action.  Notwithstanding the foregoing provisions of
this Section 23.2.1,  the Seller shall not be responsible for any loss or
portion thereof (a) to the extent attributable to the negligence or
willful misconduct of the Buyer, or (b) to the extent attributable to the
breach by the Buyer of any provision of this Contract.

 

23.2.2                  The Buyer shall
indemnify, defend and hold harmless the Seller, its Affiliates, and its and
their officers, employees, agents against any and all suits, actions, response
actions, orders, losses, damages, civil or criminal penalties, fees, costs,
expenses, claims or liabilities (including, without limitation, attorneys’ fees
and expenses) arising out of, or in connection with, the Release (or alleged
Release) of any Hazardous Substances at the Site (other than any Hazardous
Substances introduced to the Site by the Seller), or violations (or alleged
violations) of any laws pertaining to human health and the environment in
respect of the Site, by the Buyer, or its Affiliates, officers, employees or
agents, including, without limitation, with respect to (a) any costs,
damages or liabilities associated with personal injury or death, or (b) damage
to property, including the costs of investigation, cleanup, removal, remedial,
corrective or response action. 
Notwithstanding the foregoing provisions of this Section 23.2.2,
the Buyer shall not be responsible for any loss or portion thereof (i) to
the extent attributable to the negligence or willful misconduct of the Seller,
or (ii) to the extent attributable to the breach by the Seller of any
provision of this Contract.

 

23.3                           Lien Indemnity. 
The Seller shall indemnify, defend and
hold harmless the Buyer, its Affiliates, and its and their officers, employees,
agents, Financing Parties and contractors (other than the Seller) against any
and all liens filed in connection with performance of the Work under this
Contract (including, without limitation, attorneys’ fees and expenses incurred
in discharging such liens or similar encumbrances). If the Seller fails to
immediately discharge any lien or similar encumbrance upon any Project or any
part thereof, or any other property of the Seller, or property where such
Project is located, or any Equipment or Services for which the Seller is
responsible hereunder, the Seller shall satisfy or 

 

19

 

defend any such lien
or similar encumbrance; provided, however,
that the Seller shall have the right to submit a bond satisfactory to the Buyer
and the Financing Parties in the amount of any such lien or encumbrance if the
Seller, despite its commercially reasonable efforts, has been unable to obtain
discharge hereof; and provided, further,
that the Buyer shall not be required to accept any such bond in lieu of
discharge at or after the Final Acceptance. 
If the Seller does not promptly satisfy such lien or similar encumbrance
(or, where permitted, fails to provide the Buyer a bond in lieu thereof), the
Buyer shall have the right, at its option and after notice to the Seller, to
post a bond or pay or settle such lien or similar encumbrance by bond or
agreement, and the Seller shall within ten (10) days after request of the
Buyer, reimburse the Buyer for all direct costs incurred by the Buyer to post
such bond, discharge such lien or similar encumbrance and/or pursue any other
remedies, including administrative costs, attorney’s fees and other direct
expenses.

 

23.4                           Concurrent
Negligence.
 If any
damage or injury is caused by the joint or concurrent negligence of the
Parties, their officers, employees, agents, Subcontractors, or Suppliers, the
Parties shall bear the loss in proportion to their or their officers’,
employees’, agents’, Subcontractors’ or Suppliers’ degree of negligence.

 

23.5                           Notice and
Procedure.  Promptly
after the Indemnified Party receives any claim or notice of the commencement of
any action, administrative or legal proceeding, or investigation as to which
the indemnity provided for in Sections 23.1 through 23.3 may apply, the
Indemnified Party shall notify the Indemnifying Party in writing of such fact; provided, however, that the rights of the
Indemnified Party shall not be forfeited by the failure to give the
Indemnifying Party notice to the extent that said failure does not have a
material and adverse effect on the defense of the matter.  The Indemnifying Party shall assume on behalf
of the Indemnified Party, and conduct with due diligence and in good faith, the
defense thereof with counsel reasonably satisfactory to the Indemnified Party; provided, however, that the Indemnifying
Party shall not settle any such action or investigation unless approved by the
Indemnified Party (which approval shall not be unreasonably withheld).  Notwithstanding the foregoing, (a) the
Indemnified Party shall have the right to be represented in any such action or
investigation by advisory counsel of its own selection and at its own expense,
and (b) if the Indemnified Party shall have reasonably concluded that (i) there
may be legal defenses available to it that are different from, or additional
to, or inconsistent with, those available to the Indemnifying Party, or (ii) there
exists a conflict of interest between the Indemnifying Party and the
Indemnified Party, then, in either case, the Indemnified Party shall have the
right to select separate counsel to participate in the defense of such action
on its own behalf and the Indemnifying Party shall indemnify the Indemnified
Party for the fees and expenses of such separate counsel.  If any claim, action, proceeding or
investigation arises as to which the indemnity provided for in Section 23.1,
23.2 or 23.3 applies and the Indemnifying Party fails to assume the defense of
such claim, action, proceeding or investigation, then the Indemnified Party
may, at the Indemnifying Party’s expense, contest or settle such claim, and the
Indemnifying Party shall remain obligated to indemnify the Indemnified Party
for any and all losses, damages, and liability (including, without limitation,
attorneys’ fees and expenses) associated therewith.  The payment of the indemnity pursuant to this
Section 23.5 shall not be predicated on the Indemnified Party having made
payment on any suit, action, loss, damage, claim or liability.

 

23.6                           “Third Parties”
Defined.  “Third
parties” under this Article 23 do not include the Parties, their
affiliates, agents, successors or assigns, any operation or maintenance
contractor of the Parties, or any entity (a) with an equity or security
interest in either Party, or their assets or property, (b) that seeks to
claim any rights, power or privileges of one of the Parties, or (c) that
seeks to claim as a third party beneficiary of one of the Parties.  No portion of the Equipment, the Project or
electricity is “property of third parties” for the purposes of this Article 23.

 

20

 

ARTICLE
24.                 Limitations of Liability

 

24.1                           Limitation on
Liquidated Damages.  The Seller’s
aggregate liability for liquidated damages for delay in Shipment of the Major
Components and for delay in Commercial Operation under Article 17, and for
failure to achieve the Power Curve Guarantee under Article 18 for each
Project shall not exceed *** percent (***%) of the Purchase Order Price for the
relevant Project.

 

24.2                           Limitation on the
Seller’s Liability.  The total liability of the Seller for all claims arising
out of, or relating to the performance or breach of, this Contract or the use
of any Equipment or Services for each Project shall not exceed the Purchase
Order Price for such Project (as adjusted pursuant to Article 11); provided, however, that this limitation
shall not apply to any claim (a) due to the fraud, gross negligence, or
willful misconduct of the Seller, or (b) for indemnification for third
party claims as provided for in this Contract. 
The Seller’s liability for each Project shall terminate forty-five (45)
months after Commercial Operation of the last Unit purchased under the Purchase
Order for such Project.  The Buyer may
enforce a claim that accrued before that date by giving a written notice to the
Seller no later than *** months after
Commercial Operation of the last Unit purchased under such Purchase Order.

 

24.3                           Limitation on the
Buyer’s Liability.  The total
liability of the Buyer for all claims arising out of, or relating to the
performance or breach of, this Contract or the use of any Equipment or Services
for each Project shall not exceed the Purchase Order Price for such Project (as
adjusted pursuant to Article 11);
provided, however, that this limitation shall not apply to any claim
(a) due to the fraud, gross negligence, or willful misconduct of the
Buyer, or (b) for indemnification for third party claims as provided for
in this Contract.  The Buyer’s liability
for each Project shall terminate forty-five (45) months after Commercial
Operation of the last Unit purchased under the Purchase Order for such
Project.  The Seller may enforce a claim
that accrued before that date by giving a written notice to the Buyer no later
than *** months after Commercial
Operation of the last Unit purchased under such Purchase Order.

 

24.4                           Consequential and
Other Damages.  Except to the
extent expressly provided in this Contract, neither Party shall be liable to
the other Party for loss of profit or revenues, loss of product, loss of use of
the Work or any associated equipment, interruption of business, cost of capital,
cost of replacement, downtime costs, or any special, consequential, incidental,
indirect, punitive or exemplary damages.

 

24.5                           “Seller” and “Buyer”
Defined.
For the purposes of this Article 24, the
term “Seller” shall mean the Seller, its Affiliates, its Subcontractors and
Suppliers of any tier, and their agents and employees, individually or
collectively.  For the purposes of this Article 24,
the term “Buyer” shall mean the Buyer, its Affiliates, contractors of any tier
(other than the Seller and its Subcontractors and Suppliers of any tier), and
their agents and employees, individually or collectively.

 

24.6                           Limitations to
Prevail.   The
limitations and exclusions in this Article 24 shall apply regardless of
whether a claim is based in contract (including warranty or indemnity), tort
(including negligence or strict liability), statute, equity or any other
extra-contractual theory.

 

ARTICLE
25.                 Insurance

 

25.1                           Insurance for
Injuries to Workers.  During the
term of the Contract, both Parties shall maintain at their own expense the
insurance for work-related injuries or disease of their own employees in such
forms and amounts as may be required by Laws that are applicable to each Party
and its employees.

 

21

 

25.2                           General Liability
and Automobile Insurance. During the term of the Contract, each Party shall
maintain the following insurance coverage at its own expense to protect its own
interests: (a) Commercial General Liability or Public Liability insurance,
in broad form, either per occurrence or effective for at least three years
after the expiration of this Contract, that includes coverage for contractual
liability, bodily injury and third party property damage, with a combined
single limit of not less than U.S. $*** per occurrence and U.S. $*** in the
aggregate annually, for primary and excess policies combined; and (b) automobile
liability insurance covering all owned, non-owned, and hired automobiles used
by it in connection with the work, if any, with a combined single limit of not
less than U.S. $*** per occurrence, for primary and excess policies
combined.  Each of the foregoing
insurance policies shall not be cancelled or materially changed without thirty
(30) days’ advance written notice to the other Party or, in the case of
non-payment, ten (10) days’ advance written notice.  Upon request, each Party shall deliver to the
other Party certificates of insurance showing that the foregoing insurance is
in full force and effect.

 

25.3                           CAR/ARBR Insurance. 
The Buyer shall provide either Contractor’s All Risk Insurance or All
Risk Builder’s Risk Insurance (CAR/ARBR) as and when described below.   In the event of a loss or damage before
Final Acceptance of any Project, the Buyer shall be responsible for the
CAR/ARBR policy deductible unless loss or damage results from the negligence of
the Seller in which case the Seller shall be responsible for the lesser of the
actual CAR/ARBR policy deductible or $*** per occurrence; provided,
however, such deductible shall be subject to the limits set for in Article 24.  Except as provided in the preceding sentence,
the Seller shall not be responsible for any insurance exclusions or deductibles
or any uninsured or uninsurable loss or damage to a Project or other loss or
damage to a Project under construction. 
The CAR/ARBR policy shall at a minimum meet the following requirements: (a) the
policy shall be in effect from the scheduled commencement of Work at the Site
through Final Acceptance of the relevant Project;  (b) the policy shall be
non-cancelable by the Buyer and by the insurer, except for non-payment of
premium; (c) the Buyer, the Eligible Assignees, the Financing Parties and
any of the Financing Parties’ designees shall be named insureds; (d) the
policy shall include as additional insureds the Seller, any of its Affiliates
that is performing Work, and all Subcontractors (regardless of tier), and all
Suppliers with respect to their activities on the Site; (e) the policy
shall cover all risks of physical loss or damage to a Project, including
mechanical and electrical breakdown, in the course of unloading the equipment
at the Site, construction, start-up, testing and commissioning, including
materials, equipment and furnishings, up to the value of the relevant Project
at Final Acceptance, except for customary exclusions; (f) the policy shall
be provided by insurers who are authorized to provide insurance in the
jurisdiction(s) where the work will be performed; (g) the policy
shall include minimum design/defects coverage equal to LEG2 or DE4  and (h) the policy shall include a waiver of
subrogation in favor of the Seller, its Affiliates and its Subcontractors and
Suppliers.

 

25.4                           Transit Insurance. 
With respect to any Delivery made pursuant to Section 5.2 only, the
Seller shall provide insurance covering all risks of loss to any Major
Components, Equipment or Units during loading and during transit by air, sea or
otherwise from the place of manufacture until Delivery to the relevant Site
with sublimits sufficient to insure the full replacement value of such Major
Component(s), Unit(s) or Equipment. With respect to any Delivery made
pursuant to Section 5.3, the Seller shall not be responsible for transit
insurance.  Such
insurance shall provide coverage during loading the Equipment on any collecting
transport and shall include Seller as loss payee.

 

25.5                           All Risk Insurance.  From Final Acceptance through the expiration
of the Warranty Period for the relevant Project, Buyer shall maintain “All
Risks” Property Insurance. In the event of a loss or damage from the
Warranty Period through the expiration of the Warranty Period for any Project,
the Buyer shall be responsible for the policy deductible unless the loss or
damage results from the negligence of the Seller, in which case the Seller
shall be responsible for the lesser of the actual policy deductible or 

 

22

 

$*** per
occurrence; provided, however,
that the Seller’s liability for any such deductible shall be subject to the
liability limits set forth in Article 24. The “All Risks” Property Insurance policy shall meet the following
requirements:  (a) the policy
shall cover “all risks” of physical
loss or damage except as hereinafter provided, including coverage for boiler
and machinery (electrical and mechanical breakdown), transit, and off-site
storage exposure for an amount equal to the replacement value of the
relevant property; and (b) the coverage shall not contain an exclusion for
resultant damage caused by faulty workmanship, design or materials.  This policy shall include a waiver of
subrogation in favor of the Seller, its Affiliates, and its Subcontractor and
Suppliers.

 

25.6                           Failure to Maintain
Insurance.
If either Party fails to maintain in full force and effect insurance complying
with the requirements of this Article 25, subject to the other provisions
of this Contract, such Party shall be responsible for any resulting losses or
damages sustained by the other Party and shall hold the other Party harmless
from actions brought against the other Party as the result of the absence of
the required insurance.

 

25.7                           Buyer’s Risks. 
Except to the extent the Seller is liable for breach of this Contract or
under the indemnity obligations set forth in this Contract, the Seller shall
not be financially liable for the consequences of the following risks (“Buyer’s
Risks”): communications interference (such as microwave or AM radio
interference), aviation restrictions, incidents relating to ice throws,
migratory path issues, incidents resulting from endangered species or wetlands
protection, radar interference, visual impact, flicker effect, or incidents
arising from previous usage of the land (such as military ordinance training or
testing, burial grounds or historical landmarks), damage and losses due to war,
hostilities, terrorism, rebellion, revolution, civil disturbance, nuclear
radiation, breach of this Contract by or negligence of the Buyer, acts or
omissions of the Buyer and natural perils (such as flood or earthquake) or
other perils, in each case to the extent that the peril is excluded from the
CAR/ARBR policy coverage or the loss is in excess of the policy limits; provided, however, that the Seller shall not be excused by
any such Buyer’s Risk from the performance of any of its obligations under this
Contract unless the Seller is excused pursuant to Section 23.1.

 

25.8                           Subcontractors and
Suppliers.

 

25.8.1                  Seller’s
Subcontractors and Suppliers.  The Seller shall require its Subcontractors and
Suppliers to maintain the insurance described in Sections 25.1 and 25.2 and
above; provided,
however, that the combined single limit per occurrence and the
aggregate annual limits for the Commercial General Liability or Public
Liability insurance and automobile liability insurance maintained by such
Subcontractors and Suppliers need only
be consistent with the limits maintained by prudent subcontractors and
suppliers for similar projects in similar locations.

 

25.8.2                  Buyer’s Subcontractors
and Suppliers.
The Buyer shall require its Subcontractors and Suppliers to maintain the
insurance described in Sections 25.1 and 25.2 above; provided,
however,  that
the combined single limit per occurrence and the aggregate annual limits for
the Commercial General Liability or Public Liability insurance and automobile
liability insurance maintained by such Subcontractors and Suppliers need only
be consistent with the limits maintained by prudent subcontractors and
suppliers for similar projects in similar locations.

 

25.9                           Other Insurance Terms
and Conditions.

 

25.9.1                  Insurers. 
All insurance provided by the Buyer or the Seller shall be placed with
reputable and recognized insurance companies having an AMBEST Rating of at
least A- VII.

 

23

 

25.9.2                  Unavailability of
Insurance.  Each Party shall maintain insurance in
accordance with the requirements set forth in this Article 25; provided, however, that in the event any insurances (or any
of the terms thereof) required to be maintained by this Article 25, other
than insurance (or any of the terms thereof) required by any applicable Law to
be maintained, shall not be available and
commercially feasible in the commercial insurance market, the Party
which is required to maintain such insurance shall be excused from maintaining
such insurance (or any of the terms thereof) and, provided
further, that such Party provides prompt written notice of the
non-availability or infeasibility of such insurance  (or any of the terms thereof) to the other
Party, and (b) consults with the
other Party regarding such non-availability or infeasibility.

 

25.10                     Certificates of
Insurance.  No later than thirty (30) days prior to the
first Shipment under this Contract and/or the relevant PO, the Seller shall, and shall use all commercially reasonable efforts to  cause its
Subcontractors and Suppliers to, provide the Buyer with certificates of
insurance from each insurance carrier showing that the insurance required under
this Article 25 is in full force and effect. Prior to the earlier of (a) the
commencement of the Work at the Site or (b) the date of the first Shipment
of a Major Component, Equipment or Unit, the Buyer shall provide the Seller
with certificates of insurance from each insurance carrier showing that the
insurance required under this Article 25 is in full force and effect..

 

25.11                     Cooperation with the
Buyer.  At the Buyer’s request, the Seller shall (a) cooperate
with the Buyer and its representatives with respect to any insurance claims
made or to be made by the Buyer or the Seller with respect to the Project
and/or the Work; and (b), subject to Article 29, shall provide to the
Buyer all reasonable information relating to such claims.

 

ARTICLE
26.                      Taxes

 

26.1                           Seller Taxes. 
The Seller shall be responsible for, and shall pay directly when due and
payable, any and all Seller Taxes.  If
the Buyer is required to pay, or otherwise pays, any Seller Taxes, at the Buyer’s
option, (a) the Buyer may deduct or withhold such Seller Taxes from
payments otherwise due to the Seller, and the Buyer shall furnish to the Seller
within one month thereafter accurate official receipts from the appropriate
governmental authority for each item of deducted or withheld Seller Taxes; or (b) the
Seller shall indemnify the Buyer for any such payment of Seller Taxes within
ten (10) days after request by the Buyer. 
Buyer shall include proof of payment with such request issued to the
Seller.

 

26.2                           Buyer Taxes. 
The Buyer shall be responsible for, and
shall pay directly when due and payable, any and all Buyer Taxes.  All payments due and
payable by the Buyer to the Seller hereunder shall be made in the full amount
of the Contract Price or the Purchase Order Price, as applicable, free and
clear of all deductions and withholding, for Buyer Taxes.  If the Buyer deducts or withholds Buyer Taxes
from payments otherwise due to the Seller, the Buyer shall pay the Seller,
within ten (10) days after request by the Seller, additional amounts so as
to cause the amounts actually received by the Seller, net of deducted or withheld
Buyer Taxes, to equal the full part of the Contract Price or the Purchase Order
Price, as applicable, that the Seller
would otherwise have received.  If the Seller is required to pay Buyer Taxes,
the Buyer shall, promptly upon receipt of the Seller’s invoice for such Buyer
Taxes and proof of the Seller’s payment of such Buyer Taxes from the
appropriate governmental authority, pay to the Seller such Buyer Taxes.

 

26.3                           Invoices and other
Documents.  The Seller shall issue an official
value-added, sales (or similar) tax invoice in addition to the price, in
accordance with applicable laws.  When
requested by either Party, the other Party shall furnish without charge
evidence of tax or duty exemption acceptable to the taxing or customs
authorities.

 

24

 

ARTICLE
27.                 Intellectual Property

 

27.1                           Intellectual
Property Indemnity.  The Seller
shall indemnify, defend and hold harmless, the Buyer, its Affiliates and its
and their officers, employees, agents, Financing Parties, and Subcontractors
against all liabilities, damages, losses, costs or expenses (including, without
limitation, attorneys’ fees and expenses) arising out of any suit, claim, or
proceeding (a “Claim”) alleging that the Equipment
or Services provided under this Contract violate or infringe any Intellectual
Property if:  (a) the Buyer promptly
notifies the Seller in writing of the Claim; (b) gives the Seller sole
authority, at the Seller’s expense, using counsel reasonably acceptable to the
Buyer, to direct and control the defense and any settlement and compromise
negotiations; provided, however, that the Buyer
shall have the right to participate at the Seller’s expense in any such
settlement and compromise negotiations that would require any changes to the
Services or Equipment or that would require any action or restraint of action
by the Buyer and that the Buyer shall have the right to approve any settlement
that would require any changes to the Services or Equipment or that would
require any action or restraint of action by the Buyer (which consent shall not
be unreasonably withheld); and (c) the Buyer provides the Seller, at the
Seller’s expense, with such disclosure and assistance of the Buyer as may be
reasonably required to defend any such Claim.  If the Seller does not promptly undertake
defense of any such claim after notice of same from the Buyer, the Buyer shall
be entitled but not required to undertake the defense of such claim and shall
have the right to direct and control the defense and any settlement and
compromise negotiations concerning such claim with counsel selected by the
Buyer and that the Seller shall have the right to approve any settlement (which
consent shall not be unreasonably withheld); all at the Seller’s expense.  For the avoidance of doubt, the Buyer’s
election to undertake or not to undertake such defense will not limit in any
way the Seller’s indemnification obligations hereunder.

 

27.2                           Exclusions. 
The Seller shall have no obligation or liability with respect to any
Claim based upon:  (a) any Equipment
or Services that have been altered by the Buyer other than (i) as approved
by the Seller or (ii) as contemplated by the Technical Specifications or
the Documentation applicable to the Equipment or Services (it being expressly
understood that such Equipment and Services are contemplated to be utilized in
one or more combined systems using various configurations as expressly
communicated by the Buyer in writing to the Seller); (b) except as
permitted in (a), the combination or use of any Equipment or Services with
other products not provided by or specified by the Seller when the combination
is part of any allegedly infringing process except to the extent such
combination or use is expressly contemplated in the Technical Specifications or
Documentation; (c) failure of the Buyer to implement within a commercially
reasonable time after notice of the availability and infringement curing
purpose thereof any update provided by the Seller to the Buyer at no cost and,
at the Buyer’s election, either installed by the Seller at no cost or installed
by the Buyer at the Seller’s cost that would have prevented the Claim, which
update does not impair the functionality, capability, performance or other
commercially desirable features of any part of the system

 

27.3                           Remedies. 
If any Equipment or Service, or any portion of either, becomes the
subject of a Claim, the Seller may, at its option, (a) procure for the
Buyer the right to continue using such Equipment or Service, or any portion
thereof; or (b) modify or replace it in whole or in part with Equipment or
Services that meet all applicable Technical Specifications so as to make it
non-infringing.

 

27.4                           Sole Liability. 
This Article 27 states the Seller’s entire liability for
indemnification for any infringement or violation of the Intellectual Property
with respect to the Equipment and Services.

 

27.5                           Intellectual Property
Upon Termination.   Upon termination of this Contract (other than
for the Buyer’s breach of Article 28), the Seller shall, upon request by
the Buyer, provide to the Buyer without charge a license to use, reproduce (to extent set forth below in Article 28)
and publicly display 

 

25

 

(subject to the
confidentiality provisions set forth below) and sub-license (to the extent set
forth below) any Intellectual Property of the Seller, its
Subcontractors and Suppliers, to the extent the Seller has the right to grant
such sublicense rights, in completing, operating and maintaining the Equipment,
except that with respect to making spare parts for the Equipment, the rights
and obligations of the Parties shall be as provided in Section 14.2.

 

ARTICLE
28.                 Software License

 

28.1                           Grant of License.  Subject to the terms of this Contract, the Seller grants to the Buyer a
perpetual, non-transferable (except as permitted in this Contract) and
nonexclusive license to use, perform, reproduce (to the extent set forth below)
and publicly display (subject to the confidentiality provisions set forth below)
the Software, and Documentation (the “License”), including upgraded or
modified versions provided by the Seller and to use the Third Party Software
all for the Buyer’s internal business purposes only.  This License includes the right of the Buyer
to sub-license a third-party to exercise its rights in connection with
providing services to the Buyer for the Buyer’s internal business purposes only
(and not for the purpose of operating the Software for an entity other than the
Buyer).   The
Buyer may transfer all rights under the License to another Person as part of
the sale or assignment of the Equipment with which it is used in accordance
with Article 30.  Only in the event
the Seller stops providing Support for the Unit, the License shall extend to
the Source Code for all Software, and in such event the Seller shall provide
the Buyer, at no additional charge, a copy of the Sellers then available
version of the Source Code upon request.

 

28.2                           Limitations. The Buyer has no right (a) except
as otherwise permitted in this Contract, (i) to lease, rent, transfer,
distribute, sublicense, timeshare, or allow third parties to access the
Software, Third-Party Software or related Documentation, nor (ii) to
assign any rights under such License to a third party without the Seller’s
prior written agreement; (b) unless the Seller discontinues Support, to disassemble, decompile, reverse engineer, or
otherwise attempt to reconstruct or discover the Source Code of the Software; (c) except
as otherwise permitted in this Contract, to pledge the Software or Third-Party
Software as collateral or otherwise, or encumber the Software or Third-Party
Software with any lien or security interest;  (d) to remove any product identification,
copyright, trademark, or other notice from the Software, Third-Party Software
or related Documentation; or (e) except as reasonably necessary to ensure
the “interoperability” and compatibility of the Software and Third Party
Software with other systems of the Buyer or entities providing services to the
Buyer (“Integration”) or if the Seller discontinues Support, to modify, adapt
or translate the Software, or related Documentation.

 

28.3                           Third-Party
Software.  Certain software the Seller provides to the
Buyer may contain Third-Party Software (a list shall be provided upon execution
of this Contract), including but not limited to “open source” software. Use of
the Third-Party Software and its Source Code may be governed by separate
copyright notices and license provisions, which may be found or identified in
the Documentation or on the media delivered with the Software; those separate
notices and provisions are incorporated by reference into the License.  The Buyer shall not modify or combine the
Software and/or any Third-Party Software in any manner that could cause the
Software or any modifications to it to become subject to the terms of any
license that applies to Third-Party Software. 
All Third-Party Software is bundled with the Equipment and licensed for
use with the Equipment only.

 

28.4                           Copies. Unless otherwise agreed to by the
Seller, the Buyer only has the right to install and use such number of copies
of the Software as are contemplated in the Technical Specifications and
Documentation together with such additional copies as are necessary to maintain
the hot back-up and spare capabilities reasonably deemed necessary by the
Buyer.

 

26

 

28.5                           Backup. 
The Buyer may make copies of the
Software, and related Documentation for backup purposes only, in machine-readable
form, in such number as are necessary to allow a re-installation on replacement
Equipment.  The Buyer must
reproduce and include all proprietary rights and copyright notices on any
backup copies.  Except as authorized in
the License, no copies of the Software,
Third-Party Software or related Documentation may be made by the Buyer
or any third party, except that the Buyer may print on-line Software
documentation for its own internal use.

 

28.6                           Support Services;
Upgrades.  The License does not obligate the
Seller to provide maintenance and support on any Software or Third Party
Software, other than as set forth in Sections 14.2 and 22.4.

 

28.7                           Term and
Termination.  The License is
effective until terminated for material breach of this Article 28 in
accordance with the terms of this Contract. The Seller may terminate the
License (a) immediately if the Buyer fails to comply with any of its
material terms after notice of such failure if such non-compliance is not
corrected within a reasonable period of time or (b) if correction is not
possible (e.g., in the case of a breach of confidentiality), if the Buyer fails
to make a reasonable showing of the steps it has taken to avoid such
non-compliance in the future.  Upon
termination, the Buyer shall (y) stop using the Software, Third-Party Software and related Documentation, and (z) certify
to the Seller within one (1) month of the termination that the Buyer has
destroyed or returned to the Seller all copies of the Software, Third-Party Software or related Documentation.

 

28.8                           Ownership. All Software, Third-Party Software and related Documentation are
licensed and not sold.  The Seller and
its Suppliers own all proprietary rights to all of it, including, but not
limited to, any Intellectual Property rights in and to the Software, Third-Party Software and related
Documentation, including any Derivative Work, and any corrections, bug
fixes, and updates to such Software,
Third-Party Software, related Documentation and Derivative Work.  Seller shall also own all proprietary rights
to any Derivative Work and any corrections, bug fixes and updates thereto, and
the Buyer shall have only a “right to use” license to any Derivative Work.

 

ARTICLE
29.                 Proprietary Information

 

29.1                           Information Subject to Restriction.  In connection with this Contract, the
Seller and the Buyer (as to information disclosed, the “Disclosing Party”)
may each provide the other Party (as to information received, the “Receiving
Party”) with “Confidential Information.” “Confidential
Information” means (a) all pricing for Equipment and Services; (b) all
terms of this Contract; (c) any information (“Personal Data”)
relating specifically and uniquely to an identified or identifiable natural
person (“Data Subject”); (d) all information that is designated in
writing as “confidential” or “proprietary” by the Disclosing Party at the time
of written disclosure; (e) all information that is orally designated as “confidential”
or “proprietary” by the Disclosing Party at the time of oral disclosure and is
confirmed to be “confidential” or “proprietary” in writing within ten (10) days
after oral disclosure; and (f) information embedded in the Software
(including but not limited to source code and training materials), the
Documentation and Third Party Software. The obligations of this Article 29
shall not apply as to any portion of the Confidential Information that: (i) is
or becomes generally available to the public other than from disclosure by the
Receiving Party, its representatives or its Affiliates; (ii) is or becomes
available to the Receiving Party or its representatives or Affiliates on a
non-confidential basis from a source other than the Disclosing Party when the
source is not, to the best of the Receiving Party’s knowledge, subject to a
confidentiality obligation to the Disclosing Party; (iii) is independently
developed by the Receiving Party, its representatives or Affiliates, without
reference to Confidential Information; (iv) is required to be disclosed by
law, a valid legal process or a government agency; or (v) is approved for
disclosure in writing by an authorized representative of the Disclosing Party.

 

27

 

29.2                           Obligations of
Receiving Party.
The Receiving Party shall: (a) use the Confidential Information only in
connection with this Contract and the use(s) and maintenance of Equipment
and Services contemplated by this Contract; (b) take reasonable measures
to prevent disclosure of the Confidential Information, except to its employees,
agents, attorneys, accountants, Affiliates, other contractors working on a
Project, interconnection suppliers, operators, equity investors and Financing
Parties who have a need to know for the Receiving Party to perform its
obligations under the Contract or to use and maintain Equipment or Services; (c) with
respect to Personal Data, comply with all applicable laws and regulations
relating to such Personal Data, including, but not limited to, providing
notices to or obtaining consents from Data Subjects when required; (d) if
the Buyer is the Receiving Party, not disclose the Confidential Information to
another manufacturer of wind power generation equipment unless permitted under
Sections 14.2 and/or 21.4 and/or to a
third party providing services for integration of generation of control systems
for regional or other consolidate operation or in the event of turbine from
another manufacturer or wind power generation equipment, except in no event to
other competitors of the Seller for wind power generation equipment.  The Receiving Party shall obtain a
written commitment from any recipient of Confidential Information to comply
with the terms of this Section 29.2. 
Except in the case of disclosure to the Receiving Party’s employees,
agents, attorneys, accountants, Affiliates, other contractors working on a
Project, interconnection suppliers, operators, equity investors and Financing
Parties who have a need to know to perform its obligations under the Contract
or to use and maintain Equipment or Services, Confidential Information shall
not be reproduced without the Disclosing Party’s written consent.  After the termination or expiration of the
Contract, the Receiving Party shall return or destroy at its option all copies
of Confidential Information to the Disclosing Party upon request except to the
extent that the Contract entitles the Receiving Party to retain the
Confidential Information, the Confidential Information is required in
connection with the resolution of a claim or dispute between the Parties, or
the Confidential Information is necessary for the continued operation or
maintenance of one or more Project.

 

29.3                           Design Materials. Any drawings, specifications,
designs, plans and other documents prepared by or on behalf of the Seller
and/or its Subcontractors in connection with the Equipment or the Services
(collectively, to the extent in the possession and control of the Seller, the “Design
Materials”), and all intellectual property rights, if any, relating to the
Design Materials or the contents of or concepts embodied in the Design Materials,
are and shall remain the exclusive property of the Seller or the
Subcontractors, as the case may be.  The
Seller hereby grants for itself, and to the extent it has the right to so grant
from Subcontractors, for its Subcontractors, whichever is appropriate, a
paid-up, non-exclusive, license (the “Design Materials License”) for the
life of the Equipment for the Buyer to use, reproduce and have reproduced the
Seller’s and its Subcontractors’ proprietary information in such Design
Materials, subject to the confidentiality obligation in Section 29.2 above
and the following: (a) The Buyer may only use such Design Materials for
the operation, maintenance and repair of the Equipment, in accordance with the
efforts specified in the Contract, after Commercial Operation, but not for
manufacturing spares or replacement components, equipment, etc. for the Project
or any third party (other than as set forth in Section 14.2), or for the
purpose of developing derivative information or products of any nature; and (b) the
Design Materials License granted under this Section 29.3 is personal to
the Buyer and shall apply to any of the Persons listed in Section 29.2(b) subject
to the restrictions set forth in Section 29.2.

 

The Seller reserves all patent rights, and nothing in this Section 29.3
shall be deemed to grant a license directly or by implication, estoppel or
otherwise under any patent or patent application related to any information to
which this Contract applies.

 

29.4                           Disclosure
Pursuant to Legal Process.  If the
Receiving Party or any of its representatives or Affiliates is required by law,
legal process or a government agency to disclose any Confidential Information,
the Receiving Party shall provide the Disclosing Party with prompt written 

 

28

 

notice, and
the Disclosing Party may seek an appropriate protective order or agency
decision or waive compliance by the Receiving Party with this Article 29.

 

29.5                           Intellectual
Property.  Nothing in this Article 29 grants the
Receiving Party any license under any invention, patent, trademark or copyright
now or later owned or controlled by the Disclosing Party.

 

29.6                           Disclosure. 
Neither Party shall
disclose Confidential Information to the other Party unless it is required to do so to enable it to perform work under the
Contract.  If either Party does disclose Confidential Information to the other
Party, the Disclosing Party
warrants that it has the right to disclose the information, and the Disclosing Party shall indemnify and
hold the other Party harmless
against any claims or damages resulting solely from such Party’s improper disclosure.

 

29.7                           Equitable Relief. The Software, Documentation and
Third Party Software include commercially valuable, substantial trade secrets,
the design and development of which reflect the efforts of skilled development
experts and investment of considerable amounts of time and money.  The Buyer acknowledges that any use of the
Software, Documentation or Third-Party Software in a manner inconsistent with
the License will cause immediate irreparable harm to the Seller (or its
Suppliers) for which there is no adequate remedy at law.  The Buyer agrees that the Seller (or its
Suppliers) shall be entitled to immediate and permanent injunctive relief from
a court of competent jurisdiction in the event of any such breach by the
Buyer.  The Parties agree and stipulate
that the Seller shall be entitled to injunctive relief without posting of a
bond or other security; except that if the posting of a bond is a prerequisite
to obtaining injunctive relief, then a bond in an amount equivalent to U.S.
$1,000 shall be sufficient.  The
confidentiality obligations set forth in this Contract with respect to the
Software and Documentation shall expire ten (10) years after termination
of this Contract.

 

29.8                           Term. 
As to any individual item of Confidential Information, the restrictions
of this Article 29 shall expire on the earlier of (a) five (5) years
after the date of disclosure, and (b) three (3) years after termination
or expiration of this Contract

 

ARTICLE
30.                 Assignment

 

30.1                           Eligible Assignees. 
An “Eligible Assignee” is: (a) an
Affiliate of the Buyer, or (b) an engineering or construction contractor
under contract with the Buyer for the installation of the Equipment.

 

30.2                           Buyer’s Right to
Assign.  The Buyer may
assign some or all of its rights, and delegate some or all of its obligations,
under this Contract (including, with limitation, the License and the Design
Materials License), to an Eligible Assignee without the Seller’s consent; provided, however, that:  (a) the Buyer shall notify the Seller of
its intent to assign no less than ten (10) days prior to the execution of
any such assignment; (b) the Buyer shall either (i) (subject to the
limitations set forth in Article 24) guarantee the obligations of the
assignee by executing a guaranty in a form acceptable to the Seller or (ii) retain
its obligations under any payment and indemnity provisions of the Contract; (c) the
first assignee may not further assign or delegate any rights or obligations
hereunder except to the original Buyer, unless the first assignee is an
Affiliate of the Buyer, in which case such assignee (and its assignees who are
Affiliates of the Buyer) may further assign or delegate any rights or
obligations to one or more Affiliate(s) of the Buyer (including the
original Buyer); and (d) the Buyer shall
in no event assign to its engineering or construction contractor the right to
receive liquidated damages under this Contract. 
In addition, the Buyer may assign some or all of its rights, and
delegate some or all of its obligations, under this Contract to any other third
party subject to the prior written consent of the Seller (such consent not to
be unreasonably withheld).

 

29

 

30.3                           Collateral
Assignment.  Notwithstanding
the requirements of Article 28 and Section 30.2, the Buyer may also,
without the Seller’s consent, assign a collateral interest in this Contract,
(including, with limitation, the License and the Design Materials License, to a
Financing Party as collateral security for a loan, or in connection with any
lease or any other financing arrangement, for the acquisition of the Equipment,
the performance of the Services and/or the development of the Projects; provided, however, that the Buyer and such
Financing Party agree that any foreclosure on such collateral interest, or
assignment in lieu of foreclosure, shall occur only as the result of the
exercise by the Financing Party of its remedies under the financing agreements
relative to a default, bankruptcy or liquidation of the Buyer.  A Financing Party may further assign such
collateral interest in this Contract, including, without limitation, the
License, without the Seller’s consent, to one or more of its designees at or
after the time of such foreclosure or assignment in lieu of foreclosure.

 

30.4                           Cooperation with
Financing; Consent.  The Seller shall cooperate with the Buyer, its
Affiliates and any Financing Parties from time to time, including, without
limitation, by furnishing such documentation and information as such Financing
Parties may reasonably request and by entering into a consent and agreement
with such Financing Parties in connection with any collateral assignment,
certificates and other ancillary documents on such terms as may be customary
under the circumstances and as shall be reasonably required by such Financing
Parties, including without limitation, the terms set forth in Section 21.7
hereof.  In addition, the Parties agree that,
should any Financing Party require changes to the form of this Contact, the
Parties will cooperate and negotiate in good faith to reach agreement to amend
the Contract to the extent necessary to obtain financing in a manner that does
not materially and adversely affect the Parties’ respective economic positions
in the transaction.

 

30.5                           Seller’s Right to
Assign.  The Seller
may assign all of its rights in whole or in part and delegate its obligations
under this Contract to any Affiliate; provided,
however, that (a) the Seller shall notify the Buyer of its
intent to assign no less than ten (10) days prior to the execution of any
such assignment; (b) the General Electric Company shall (subject to the
limitations set forth in Article 24) guarantee the obligations of the
assignee by executing a guaranty in a form acceptable to the Buyer; (c) such
Affiliate shall possess sufficient technical expertise and experience to
perform the Seller’s obligations under this Contract in the reasonable opinion
of the Buyer; and (d) General Electric Company shall remain the single
point of contact for the Buyer under this Contract.

 

30.6                           Conditions. 
Any assignment of this Contract shall be
subject to all limitations of liability contained in this Contract.  Neither Party may assign this Contract except
in accordance with this Section 30.6. 
Any purported assignment not in accordance with this Section 30.6
shall be void and without effect.

 

30.7                           Successors and Assigns.   All of the rights, benefits, duties,
liabilities and obligations of the Parties hereto shall inure to the benefit
of, and be binding upon, their respective successors and permitted assigns.

 

ARTICLE
31.                 Representations and Warranties

 

31.1                           Seller’s Representations.  (a)  The Seller represents to the
Buyer that, as of the date hereof:

 

31.1.1                  Organization and Qualification. 
The Seller is a corporation duly organized, validly existing and in good
standing under the laws of the State of New York, has the lawful power to
engage in the business it presently conducts and contemplates conducting, and
is duly licensed or qualified and in good standing as a foreign corporation in
each jurisdiction wherein the nature of the business transacted by it makes
such licensing or qualification necessary.

 

30

 

31.1.2                  Power and Authority. 
The Seller has the authority to execute and carry out this Contract and
to perform its obligations hereunder and all such actions have been duly
authorized by all necessary corporate action on its part.

 

31.1.3                  No Conflict. 
The execution, delivery and performance of this Contract shall not
conflict with, result in the breach of, constitute a default under or
accelerate performance required by any of the terms of the articles of
incorporation or the bylaws of
the Seller or any applicable Laws or any material covenant, agreement,
understanding, decree, indenture, instrument or order to which the Seller is a
party or by which the Seller or any of its properties or assets is bound or
affected.

 

31.1.4                  Validity and Binding Effect. 
This Contract has been duly and validly executed and delivered by the
Seller.  This Contract constitutes a
legal, valid and binding obligation of the Seller, enforceable in accordance with its terms, except to
the extent that its enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium or other similar laws affecting the rights of
creditors generally or by general principles of equity.  To the best of the Seller’s current
knowledge, no authorization, approval, exemption or consent by any governmental
or public body or authority is required in connection with the authorization,
execution, delivery and carrying out of the terms of this Contract.

 

31.1.5                  Patents, Licenses, Franchises. 
The Seller owns or possesses all the patents, trademarks, service marks,
trade names, copyrights, licenses, franchises, permits and rights with respect
to the foregoing necessary to perform the Work and to carry on its business as presently conducted and presently
planned to be conducted without conflict with the rights of others.

 

31.1.6                  Compliance with Laws. 
The Seller has complied with all applicable Laws such that it has not
been subject to any fines, penalties, injunctive relief or criminal liabilities
that in the aggregate have materially affected or may materially affect the business operations or
financial condition of the Seller or its ability to perform the Work.

 

31.1.7                  Seller’s Solvency. 
The Seller is now, and
after giving effect to this Contract, shall be, in a solvent condition.

 

31.1.8                  Seller Qualified. 
The Seller is fully experienced and properly licensed, equipped, and in
all ways competent and qualified to perform all aspects of the Work in
accordance with the terms set forth herein.

 

31.1.9                  Licenses. 
The Seller is the holder of all necessary governmental consents,
licenses, permits or other authorizations required under the applicable Laws to
operate or conduct its business as contemplated herein.

 

31.2                           Buyer’s Representations  (b)  The Buyer represents to the Seller that, as of
the date hereof:

 

31.2.1                  Organization and Qualification. 
The Buyer is a Delaware limited liability company duly formed and
validly existing and in good standing under the laws of the State of Delaware,
and has the lawful authority to engage in the business it presently conducts
and contemplates conducting.

 

31.2.2                  Power and Authority. 
The Buyer has the authority
to make and carry out this Contract and to perform its obligations hereunder.

 

31.2.3                  No Conflict. 
The execution, delivery and performance of this Contract shall not
conflict with, result in the breach of, constitute a default under or
accelerate performance required by any

 

31

 

of the terms of the Buyer’s constituent
documents or any applicable Laws or any material covenant, agreement,
understanding, decree, indenture, instrument or order to which the Buyer is a
party or by which the Buyer or any of its properties or assets is bound or
affected.

 

31.2.4                  Validity and Binding Effect. 
This Contract has been duly and validly executed and delivered by the
Buyer.  This Contract constitutes a legal, valid and
binding obligation of the Buyer, enforceable against the Buyer in accordance
with its terms, except to the extent that its enforceability may be limited by
bankruptcy, insolvency, reorganization, moratorium or other similar laws
affecting the rights of creditors generally or by general principles of
equity.  To the best of the Buyer’s
current knowledge, no authorization, approval, exemption or consent by any
governmental or public body or authority is required in connection with the
authorization, execution, delivery and carrying out of the terms of this
Contract.

 

31.2.5                  Compliance with Laws. 
The Buyer has complied with all applicable Laws such that it has not
been subject to any fines, penalties, injunctive relief or criminal liabilities which in the aggregate have materially
affected or may materially affect the business operations or financial
condition of the Seller or its ability to perform the Work.

 

31.2.6                  Buyer’s Solvency. 
The Buyer is now, and after giving
effect to this Contract shall be, in a solvent condition.

 

ARTICLE
32.                 Governing Law; Disputes

 

32.1                           Governing
Law.   This Contract
shall be construed and interpreted in accordance with the laws of the State of
New York, excluding the conflict of law rules (other than Section 5-1401
of the New York General Obligations Law).

 

32.2                           Referral to Senior Management. 
In the event of any controversy, dispute
or difference between the Parties to this Contract, either Party may provide
notice of the dispute to the other Party. 
If the controversy, dispute or difference is not amicably settled by the
Parties within fifteen (15) days following notice of dispute, it shall be
referred to senior management of the Parties for resolution.  In the event the controversy, dispute or
difference has not been resolved within thirty (30) days following referral to
senior management (or such longer period as the Parties may mutually agree),
then either Party may pursue its remedies at law.

 

32.3                           Venue. 
Any legal action or proceeding with
respect to this Contract shall be brought in the United States District Court
for the Southern District of New York or, if such court lacks jurisdiction, in
the Supreme Court of the State of New York in New York County.  Each of the Parties hereby accepts and
consents to, generally and unconditionally, the jurisdiction of the aforesaid
courts and appellate courts from any appeal thereof.  Each of the Parties irrevocably consents to
the service of process out of any of the aforementioned courts in any such
action or proceeding by the mailing of copies thereof by registered or
certified mail, postage prepaid, to such Party at the address first set forth
in Section 34.12. Each of the Parties hereby irrevocably waives any
objection which it may now or hereafter have to the laying of venue of any of
the aforesaid actions or proceedings arising out of or in connection with this
Contract brought in the courts referred to above and hereby further irrevocably
waives and agrees not to plead or claim in any such court that any such action
or proceeding brought in any such court has been brought in an inconvenient
forum.

 

32.4                           Continuation of
Work.  Pending final
resolution of any controversy, dispute or difference, the Parties shall
continue to fulfill their respective obligations under this Contract.

 

32

 

ARTICLE
33.                 Miscellaneous

 

33.1                           Rules of
Interpretation; Definitions.

 

33.1.1                  Rules of
Interpretation. When used in this Contract: (a) all
terms defined in this Contract in the singular shall have the same meaning when
used in the plural and vice versa; (b) the words “hereof”, “herein”, and “hereunder”
and words of similar import shall refer to this Contract as a whole and not any
particular provision of this Contract, and article, section, subsection,
schedule, attachment, exhibit and appendix references are to this Contract
unless otherwise specified; (c) all terms defined in this Contract shall
have the defined meanings when used in any other document made or delivered
pursuant hereto; (d) “or” is not exclusive; (e) a reference to a Law
includes any amendment or modification to such Law; (f) a reference to a
Person includes its permitted assigns and successors; (g) a reference to
an agreement, instrument or document shall include such agreement, instrument
or document as the same may be amended, restated, modified or supplemented from
time to time in accordance with its terms and as permitted thereby; (h) the
term “including” means “including, without limitation”; (i) each reference
to “days” shall mean calendar days, unless the term “Business Days” is used;
and (j) the article, section and condition headings have been inserted for
convenience of reference only and shall not in any manner affect the
construction, meaning or effect of anything herein contained nor govern the
rights and liabilities of the Parties.

 

33.1.2                  Definitions. 
Capitalized terms used in this Contract shall have the meanings set forth
in Schedule I, unless in any particular instance it is expressly
indicated otherwise.

 

33.2                           Order of Precedence. The
Contract consists of the body of this Contract, its Schedules, Attachments,
Exhibits, Appendices, and any
Purchase Orders issued pursuant to the Contract.  All parts of the Contract are
intended to be complementary and what is set forth in any one document is as binding as if set forth in each
document.  In the event of any
conflict, discrepancy, error or omission among any parts of the Contract,
either Party shall immediately notify the other Party and both Parties shall
decide how to remedy such conflict, discrepancy, error or omission. If the
Parties cannot resolve any such conflict, discrepancy, error or omission by
mutual agreement, the matter shall be submitted for resolution in accordance
with Article 32. Subject to the preceding three sentences, the parts of the Contract should take the following order of
precedence:

 

33.2.1                  Purchase Order (together with its
exhibits and schedules);

 

33.2.2                  the body of this Contract (Articles
1 through 33) and Schedule I “Definitions”;

 

33.2.3                  Attachments to the Contract;

 

33.2.4                  Appendix A “Technical Specifications”;
and

 

33.2.5                  Exhibits to the Contract.

 

33.3                           Entire Agreement. This Contract represents the entire
agreement between the Parties and supersedes in its entirety all prior
agreements concerning the subject matter hereof.  Any oral or written representation, warranty,
course of dealing, or trade usage not contained or referenced herein shall not
be binding on either Party.  Each Party
agrees that it has not relied on, or been induced by, any representations of
the other Party not contained in this Contract.

 

33.4                           No Joint Venture. 
Nothing contained in this Contract shall be construed as constituting a
joint venture or partnership between the Seller and the Buyer.

 

33

 

33.5                           Independent Contractor. 
The Seller shall be an independent contractor with respect to each
Project, each part thereof and the Work performed pursuant to this Contract,
and neither the Seller, its Subcontractors, its Suppliers, nor the employees of
any of them, shall be deemed to be agents, representatives, employees or
servants of the Buyer in the performance of the Work, or any part thereof.  The Buyer shall not have the right to any
actual, potential or other control over the methods and means by which the
Seller or any of its agents, representatives, Subcontractors, Suppliers or
employees conducts its independent business operations.  The Parties covenant and agree that in the
performance of the Work by the Seller, the Seller shall not perform any act or
make any representation to any Person to the effect that the Seller or any of
its agents, representatives, Subcontractors or Suppliers, is the agent of the
Buyer.

 

33.6                           Third-Party
Beneficiaries.  Except as expressly provided herein with
respect to the Financing Parties, these provisions are for the benefit of the
Parties hereto and not for any other third party.

 

33.7                           Amendments. 
No amendments, modifications, revision or other change of this Contract
shall be valid unless evidenced in writing and signed by a duly authorized
representative of both Parties.

 

33.8                           Waiver.  
No waiver of any of the terms, provisions or covenants of this Contract
shall be valid or binding unless set forth in writing and duly executed by the
Party against whom enforcement of the waiver is sought.  It is understood and agreed that any delay,
waiver or omission by the Buyer or the Seller in any of the terms, provisions
or covenants of this Contract shall not be construed to be a waiver by the
Buyer or the Seller of any subsequent breach or default of the same or other
terms, provisions or covenants on the part of the Seller or the Buyer.

 

33.9                           Severability. 
In the event that any of the provisions, or portions or applications
thereof, of this Contract is held to be unenforceable
or invalid by any court of competent jurisdiction, the Buyer and the Seller
shall negotiate an equitable adjustment in the provisions of this Contract with
a view toward effecting the purposes of this Contract, and the validity and
enforceability of the remaining provisions, or portions or applications
thereof, shall not be affected.

 

33.10                     Records. 
The Seller shall keep and maintain full,
complete and detailed records pertaining to each Project, including copies of
all contracts with its Subcontractors and Suppliers, for a period of two (2) years
following Commercial Operation of such Project.

 

33.11                     Notice. 
Any notice required or permitted to be given by the Buyer to the Seller
hereunder shall be in writing and shall be addressed to:

 

 

SELLER:

 

GENERAL
ELECTRIC

One River Road

Schenectady, NY 12345

Attention: Project Manager

Facsimile No.: (949) 221-7844

 

34

 

With copies to:

 

GENERAL
ELECTRIC COMPANY

One River Road

Schenectady,
NY 12345

Attention:
Peter J. Bierden

Facsimile No.:
(518) 385-4113

 

and any notice required or
permitted to be given by the Seller to the Buyer hereunder shall be in writing
and shall be addressed to:

 

BUYER:

 

NOBLE
ENVIRONMENTAL POWER 2008 EQUIPMENT CO, LLC

c/o Noble
Environmental Power, LLC

8 Railroad
Avenue

Second Floor, Suite 8

Essex, CT
06426

Attention:
Daniel Haas

Facsimile
No.:  (860) 767-7041

 

With a copy to:

 

LATHAM &
WATKINS LLP

555 Eleventh
Street, N.W.

Washington,
D.C. 20004

Attention:  John L. Sachs

Facsimile No.:
(202) 637-2201

 

All notices shall be
delivered (a) in person to the address listed above, (b) via
certified mail with a return receipt requested in a securely sealed envelope, or (c) via telephonic document
transfer, and such notices shall be effective when sent if delivered by method (a) or
(c) or three (3) days after being properly mailed as provided in
method (b) above, in each case to the address specified above; provided, however, that service by method (c) after
5:00 p.m. local time of the recipient shall be deemed received on the
following Business Day.  The Parties may
designate, from time to time, another address or office to which notices may be
given pursuant to this Contract by following the procedure in this
subparagraph.

 

33.12                     Electronic
Communication. Throughout
the term of this Contract (including the Warranty Period), the Buyer shall
provide a broadband connection exclusively for Seller’s required bandwidth of
1.5 MBPS to each Project for remote data monitoring.

 

33.13                     Further Assurances. 
The Seller and the Buyer agree to provide such information, execute and
deliver any instruments and documents and to take such other actions as may be
necessary or reasonably requested by
the other Party which are not inconsistent with the provisions of this Contract
and which do not involve the assumption of obligations other than those
provided for in this Contract, in order to give full effect to this Contract
and to carry out the intent of this Contract.

 

35

 

33.14                     Survival. 
The provisions of Article 16, 23, 24, 26, 28, 29, 30, 32, 33, and
Sections 14.2, 15.3, 21.3, 21.4 and 21.6 shall survive termination of this
Contract.

 

33.15                     Counterparts.   This Contract may be signed in any number of
counterparts and each counterpart shall represent a fully executed original as
if signed by both Parties.

 

[Signature Page to Follow]

 

36

 

IN WITNESS WHEREOF
the Parties have caused this Contract to be executed by their authorized
representatives on the date first above written.

 

	
  Seller

  	
  Buyer

  
	
   

  	
   

  
	
  GENERAL ELECTRIC COMPANY

  	
  NOBLE
  ENVIRONMENTAL POWER 2008

  EQUIPMENT CO, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ Richard
  Schubert

  	
   

  	
  By:

  	
  /s/ Charles
  C. Hinckley

  	
   

  
	
   

  	
  (Signature)

  	
   

  	
   

  	
  (Signature)

  	
   

  
	
   

  	
  Richard
  Schubert

  	
   

  	
   

  	
  Charles C.
  Hinckley

  	
   

  
	
   

  	
  (Printed Name)

  	
   

  	
   

  	
  (Printed Name)

  	
   

  
	
   

  	
  Commercial
  Director

  	
   

  	
   

  	
  President

  	
   

  
	
   

  	
  (Title)

  	
   

  	
   

  	
  (Title)

  	
   

  

 

37

 

Schedule I

 

Definitions

 

(a)               “Acceptance
Certificate” shall have the meaning ascribed in Section 8.5.

 

(b)              “Affiliate”
shall mean any entity that directly or indirectly controls, is controlled by,
or is under common control with a Person. 
For the purposes of this definition, “control” means the possession,
directly or indirectly, of the power to direct or cause the direction of the
management and policies of the controlled entity, whether through the ownership
of voting securities or partnership or other ownership interests or by contract
or otherwise.

 

(c)               “Balance of
Plant” or “BOP” shall mean any items of Equipment that are not
associated with a particular wind turbine and do not constitute part of a Unit.

 

(d)              “Business Day”
shall mean any day, other than a Saturday or Sunday or a day on which national
commercial banking institutions in New York, New York are required by law to
close.

 

(e)               “Buyer” shall mean the entity so
identified in the recitals to the Contract.

 

(f)                 “Buyer Taxes” shall mean all
taxes, duties, fees, or other charges of any nature (including, but not limited
to, ad valorem, consumption, excise, franchise, gross receipts, license,
property, sales, stamp, storage, transfer, turnover, use, or value-added taxes,
and any and all items of withholding, deficiency, penalty, addition to tax,
interest, or assessment related thereto), other than Seller Taxes, imposed by
any governmental authority of any country on the Seller or its employees, its
Subcontractors or Suppliers due to the execution of any agreement, including
the Contract, or the performance of or payment for Work under the Contract.

 

(g)              “Change in Codes
and Standards” shall mean a change in any code or standard identified in
Appendix A after the date of this Contract that imposes any mandatory
requirements on the Seller’s manufacturing, fabrication, production, assembly,
shipping or transporting processes or activities in respect of this Contract
and that was not caused directly or indirectly by the actions or inactions of
the Seller.

 

(h)              “Change in Law”
shall mean a change to a Law, or a change in the interpretation or application
of a Law by the cognizant executive or judicial authorities after the date of
this Contract; provided, however, that Change in
Law shall not include (i) a change in federal, state, or local income tax;
(ii) an enactment, adoption, promulgation, or change in the interpretation
or application of a Law that is published prior to the date hereof but that
becomes effective after the date hereof; or (iii) an enactment, adoption,
promulgation, or change in the interpretation or application of a Law that
affects the Seller’s manufacturing, fabrication, production, assembly, shipping
or transporting processes or activities.

 

(i)                  “Change Order”
shall mean a written agreement to change the Equipment or Services which
describes the change, identifies the writing as a Change Order, sets out
adjustments, if any, in the Contract and/or the Purchase Order Price and any
schedule or dates for performance, and is signed by both Parties.

 

(j)                  “Claim” shall have the meaning
ascribed in Section 27.1.

 

38

 

(k)               “Commercial Operation” shall have
the meaning ascribed in Section 8.2, with respect to each Unit or a
Project, as applicable.

 

(l)                  “Commercial
Operation Certificate” shall have the meaning ascribed in Section 8.2.

 

(m)            “Confidential
Information” shall have the meaning ascribed in Section 29.1.

 

(n)              “Contract”
shall have the meaning ascribed in the preliminary statements hereto and shall
include all the parts listed in Section 33.2.

 

(o)              “Contract
Currency” shall have the meaning ascribed in Section 11.1.

 

(p)              “Contract Price”
shall mean the total firm price as stated in Section 11.1, as such price
may be adjusted from time to time in accordance with the Contract.

 

(q)              “Converter
Commissioning Test (CCT)” shall have the meaning ascribed in Appendix A.

 

(r)                 “Data Subject”
shall have the meaning ascribed in Section 29.1.

 

(s)               “Default Notice”
shall have the meaning ascribed in Section 21.7.

 

(t)                 “Default Rate”
shall mean an interest rate equal to (i) the “Prime Rate” plus two per
cent  2%), or (ii) the maximum rate
permitted by applicable Law, whichever is less.

 

(u)              “Delivery”
shall mean delivery of the Equipment to the point nearest a Site accessible by
common carrier, not unloaded from any arriving means of transport in accordance
with the requirements of the Contract and the relevant PO.  The Buyer shall unload the Equipment within
forty-eight (48) hours after Delivery.

 

(v)              “Derivative Work”
shall mean a computer software product developed by a licensee, which software
product incorporates all or portions of Seller Software.

 

(w)            “Design Materials”
shall have the meaning ascribed in Section 29.3.

 

(x)                “Disclosing
Party” shall have the meaning ascribed in Section 29.1.

 

(y)              “Documentation”
shall mean all written material in any form (except training materials)
referencing the Software and Third-Party Software.

 

(z)                “Eligible Assignee” shall have the
meaning ascribed in Section 30.1.

 

(aa)         “Equipment” shall
mean electrical or mechanical apparatus to be engineered and procured by the
Seller and incorporated into a Project, and consisting of one or more Units and
any BOP provided by the Seller, together with all Software and Third Party
Software provided by the Seller pursuant to this Contract, all as described in Attachment
2 to the Contract and as more fully described in Appendix A.

 

(bb)       “Error” shall have
the meaning ascribed in Section 16.7.

 

(cc)         “Field Commissioning
and Acceptance Test (FCAT)” shall have the meaning ascribed in Appendix
A.

 

(dd)       “Final Acceptance” shall mean that a
Project has been accepted in accordance with Section 8.5.

 

(ee)         “Financing Party” shall mean (i) any lender providing construction,
interim or long-term financing (including any refinancing thereof) for the
Equipment, a Project or any asset related thereto, any lessor under a leveraged
lease transaction, or any trustee or agent acting on their behalf (including,
without limitation, the independent engineer selected by such Persons, if any);
(ii) any Person to which the Buyer grants a security interest in the
Equipment; and 

 

39

 

(iii) any equity investor
providing financing or refinancing for the Equipment, a Project or any asset
related thereto, or any trustee, agent, or independent engineer acting on its
behalf.

 

(ff)             “Hazardous
Substance” shall mean any hazardous or toxic substance or pollutant which,
pursuant to any applicable Law, has been determined, or at any future time may
be determined, to be hazardous, toxic or dangerous to human health or the
environment, including but not limited to any hazardous substance under the
Comprehensive Environmental Response, Compensation and Liability Act, as
amended (42 U.S.C.A. § 9601 et seq.), any solid waste under the
Resource Conservation and Recovery Act of 1976, as amended (42 U.S.C.A.
§ 6901 et seq.), or any pollutant, waste or toxic substance under
the Clean Air Act, as amended (42 U.S.C.A. § 7401 et seq.), the
Clean Water Act, as amended (33 U.S.C.A. § 1251 et seq.), the Safe
Drinking Water Act, as amended (42 U.S.C.A. § 3001 et  seq.),
or the Toxic Substances Control Act, as amended (15 U.S.C.A. § 2601 et
seq.), and any applicable state laws.

 

(gg)       “Indemnified Party”
shall have the meaning ascribed in Section 23.1.

 

(hh)       “Indemnifying Party”
shall have the meaning ascribed in Section 23.1.

 

(ii)               “Installation
Manual” shall mean the Unit-specific written instructions provided by the
Seller at least ninety (90) days prior to Delivery of each Unit which are used
by the Buyer during unloading and installation of such Unit to handle various
installations.

 

(jj)               “Intellectual
Property” shall mean the collective reference to all intellectual property,
whether arising under federal, state, multinational or foreign Laws or
otherwise, including, without limitation, copyrights, patents (including
pending and future continuations and continuations in part, divisions and their
continuations and continuations in part, reissues, reexaminations and foreign
counterparts), trademarks, service-marks, know-how and processes, formulas,
trade secrets, licenses of any of the foregoing, and all rights to sue at law
or equity for any infringement or other impairment thereof, including the right
to receive all proceeds and damages therefrom.

 

(kk)         “Laws” shall mean
those laws, regulations, decrees or similar orders with mandatory effect issued
by the legislative, judicial or executive branch of any relevant government or
supranational body, as interpreted and applied, to the extent such laws,
regulations, decrees or similar orders are applicable to the Contract and/or
the Work.

 

(ll)               “License”
shall have the meaning ascribed in Section 28.1.

 

(mm)   “Major Components” shall
mean, with respect to a wind turbine, the
tower, the rotor, the gear box, the hub, the blades, the low voltage
distribution panel and the converter.

 

(nn)       “Mechanical Completion”
shall mean that (i) all Equipment comprising the relevant Unit (including
all materials and components but excluding minor or Punch List items) shall
have been installed, erected, aligned, and adjusted at the Site in a
non-operating condition, in accordance with Appendix A, (ii) backfeed
power and grid connection for the relevant Unit has been provided or
alternative commissioning power have been made available by the Buyer, (iii) a
complete fiber optic network connection for the relevant Unit compliant with
the minimum SCADA requirements established by the Seller has been provided, (iv) the
relevant Unit is ready for initial operation in a safe manner, and (v) the
Buyer has provided the Seller with a Mechanical Completion Certificate.

 

(oo)       “Mechanical Completion
Certificate” shall have the meaning ascribed in Section 8.1.

 

(pp)       “Nominated Units”
shall have the meaning ascribed in Section 18.2 and set forth in further
detail in Appendix A.

 

40

 

(qq)       “Option” shall have
the meaning ascribed in Section 2.3.

 

(rr)             “Owner” shall
mean that Person who directly owns a Project.

 

(ss)         “Party” and “Parties”
shall have the meanings ascribed in the recitals to the Contract.

 

(tt)             “Payment Schedule”
shall mean the schedule of payments set forth in Attachment 3.

 

(uu)       “Performance Schedule”
shall mean the schedule of milestones described in Attachment 4.

 

(vv)       “Person” shall mean
any individual, corporation, partnership, limited liability company,
association, joint-stock company, joint venture, trust, unincorporated
organization or governmental authority.

 

(ww)   “Personal Data” shall
have the meaning ascribed in Section 29.1.

 

(xx)           “Power Curve
Guarantee” shall have the meaning ascribed in Section 18.1.

 

(yy)       “Product Support
Services” shall mean services provided by technical advisors of the Seller
required to execute Seller’s Scope of Work set forth in Attachment 2 as
it pertains to the act or supervision of unloading, installation, start-up,
testing, commissioning and initial operation and maintenance of  any of the Major Components, other Equipment, Base
GE SCADA, Base Wind Farm Management System or any other Options (if selected by
the Buyer).

 

(zz)           “Progress Payments”
shall mean those payments which are not associated with milestone events, as
described in Attachment 3.

 

(aaa)   “Project”
shall have the meaning ascribed in the Recitals of the Contract.

 

(bbb)                        “Prudent
Engineering Practices” shall mean those practices, methods, equipment,
specifications and standards of safety and performance, as the same may change
from time to time, as are generally used by professional construction and
engineering firms performing engineering, procurement and construction services
on wind energy facilities of the type, size and location similar to the
Projects which, in the exercise of reasonable judgment and in the light of the
facts known at the time the decision was made, are considered good, safe and
prudent practice in connection with the engineering, procurement and
construction of wind energy generating and operating equipment and other
electrical equipment, facilities and improvements, and as are in accordance
with Law and generally accepted national standards of professional care, skill,
diligence and competence applicable to engineering, procurement, construction
and project management practices.

 

(ccc)                           “Prudent
Industry Practices” means those practices, methods, equipment,
specifications and standards of safety and performance, as the same may be
changed from time to time, as are generally used in the operation and
maintenance of privately owned wind generated electric power generation
facilities similar to the Projects, which in the exercise of reasonable
judgment and in light of the facts known at the time the decision was made, are
considered good, safe and prudent practice in connection with the operation and
maintenance of wind generation facilities similar to the Projects, and as are
in accordance with Law and generally accepted national standards of
professional care, skill, diligence and competence applicable to operation and
maintenance practices.

 

(ddd)                        “Punch
List” shall mean the list prepared (and periodically revised as necessary)
by the Seller and agreed by the Buyer, which list shall set forth certain items
of Work with respect to a specific Project that do not materially affect any
Unit’s operability or achievement of Commercial Operation, but which must be
performed to ensure that such Unit complies with the standards and requirements
set forth in the Contract and the PO.

 

41

 

(eee)                           “Purchase
Order” or “PO” shall have the meaning ascribed in Section 2.2.

 

(ggg)                        “Purchase
Order Price” shall have the meaning ascribed in Section 11.1.

 

(hhh)                        “Receiving
Party” shall have the meaning ascribed in Section 29.1.

 

(iii)                                    “Release”
means the release, threatened release, spill, emission, leaking, pumping,
injection, deposit, disposal, discharge, dispersal, leaching or migrating,
including from prior spills, into the indoor or outdoor environment of any
Hazardous Substance (including, without limitation, the abandonment or
discarding or barrels, drums, or other containers containing any such Hazardous
Substance through, at, on, above, under, around or in the air, soil, surface
water, or groundwater).

 

(jjj)                                    “Scheduled
Major Component Shipment Dates” shall have the meaning ascribed in Section 2.2.

 

(kkk)                           “Schedule
of Options” shall mean the schedule described in Attachment 5.

 

(lll)                                    “Seller”
shall have the meaning ascribed in the recitals to the Contract.

 

(mmm)                  “Seller
Taxes” shall mean (i) corporate and individual taxes that are measured
by net income or profit that are imposed by any governmental authority of any
country on the Seller, its employees, Subcontractors or Suppliers; (ii) import
duties imposed due to the execution of any agreement, including the Contract,
or the performance of, or payment for, Work under the Contract; and (iii) all
taxes, duties, fees, or other charges of any nature (including, but not limited
to, ad valorem, consumption, excise, franchise, gross receipts, license,
property, sales, stamp, storage, transfer, turnover, use, or value-added taxes,
and any and all items of withholding, deficiency, penalty, addition to tax,
interest, or assessment related thereto), that are imposed by any governmental
authority of any country, province or state on the Seller or its employees, its
Subcontractors or Suppliers due to the manufacturing, shipment and/or
transportation (if the Seller transports the Equipment pursuant to Article 5)
of any of the Equipment and/or Services.

 

(nnn)                        “Serial
Defect” shall have the meaning ascribed in Section 16.3.

 

(ooo)                        “Services” shall mean all of the
services described in Attachment 2 hereto and more fully described in Appendix
A.

 

(ppp)                        “Ship”
or “Shipment” shall mean for items manufactured in the US, placing an item
of Equipment at the disposal of the Buyer at the Seller’s premises or another
named place not cleared for export and not loaded on any collecting vehicle, or
for items manufactured outside of the US, clearing an item of Equipment for
import, not unloaded from any arriving means of transport at the named place of
destination.

 

(qqq)                        “Site”
shall mean the location where the Equipment will be installed or that Services
will be provided.

 

(rrr)                                 “Site
Specific Loads Analysis” shall mean the analysis conducted by the Seller to
determine the adequacy of the wind turbine as described in Attachment 2.

 

(sss)                           “Software”
shall mean the Seller’s proprietary computer software and software security
devices provided by the Seller under Article 28.

 

(ttt)                                 “Sound
Level Guarantee” shall mean the maximum sound power level emitted from a
Unit as set forth in Appendix A.

 

(uuu)                        “Source
Code” shall mean the human-readable version of a software program that can
be compiled, linked or interpreted into executable versions of the Software
together with reasonably detailed instructions identifying the compilers, tools
and methods necessary to successfully 

 

42

 

complete such task.

 

(vvv)                        “Startup
and Commissioning” shall mean the preparation of each Unit for Commercial
Operation as more fully described in Attachment 2 and Appendix A.

 

(www)                  “Subcontractor(s)”
shall mean any Person who supplies to the Seller or the Buyer (other than the
Seller), as applicable, labor or other services to be performed at the Site in
connection with this Contract.

 

(xxx)                              “Supplier(s)”
shall mean any Person who supplies to the Seller or the Buyer (other than the
Seller), as applicable, material, equipment, labor, goods, or services in
connection with the Seller’s or the Buyer’s, as applicable, obligations under
this Contract, other than contracts for labor or other services to be performed
at the Site.

 

(yyy)                        “Support”
shall have the meaning ascribed in Section 21.4.

 

(zzz)                              “Technical
Advisory Services” shall mean the support provided by the Seller during
installation, startup and commissioning.

 

(aaaa)                     “Technical
Specifications” shall mean the technical specifications for the Equipment
and Services, all as set forth in Appendix A.

 

(bbbb)                 “Termination
Schedule” shall mean the schedule of termination charges set forth in Attachment
7 to the Contract.

 

(cccc)                     “Third
Party Software” shall mean any proprietary computer software owned by a
third party that the Seller provides to the Buyer.

 

(dddd)                 “Transportation
Charge” shall have the meaning ascribed in Article 5.

 

(eeee)                     “Unit”
shall mean a single wind turbine and its associated generator, together with
those accessories associated only with that turbine.

 

(ffff)                             “Unit
Acceptance” shall mean that a Unit has been accepted in accordance with Section 8.5.

 

(gggg)                 “Unit
Price” shall have the meaning ascribed in Section 11.1.

 

(hhhh)                 “Warranty
Period” shall have the meaning ascribed in Section 16.1.

 

(iiii)                                 “Work” or “Scope of Work”
shall have the meaning ascribed in Section 2.1, as more fully described in
Attachment 2.

 

43

 

Attachment 1

 

Description of Projects
and Scheduled Major Component Shipment Dates

 

Projects

 

Brandon Project is the approximately 102 MW wind generation facility to
be located in the State of New York, near the town of Brandon, in the County of
Franklin.

 

Wethersfield Project is the approximately 138 MW wind generation
facility to be located in the State of New York, near the town of Eagle, to be
constructed over 2 years.

 

Centerville
Project is the approximately 39 MW wind generation facility to be located in
the State of New York, near the town of Centerville.

 

44

 

Shipment Schedule

 

Shipments shall be made in the fiscal weeks 1-30
excluding weeks 10-18.  Units will be
shipped at a rate of no more than *** Units per week.  Exact fiscal weeks and quantities per week
shall be mutually agreed upon no later than July 1, 2007.

 

	
  Fiscal

  Week

  	
   

  	
  Major

  Component

  Shipment

  Date

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  Weekly

  Total

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

Note: Specific Project allocation to be
defined at a later date.  The Buyer
recognizes that Site Specific Loads Analyses will be required.

 

45

 

Attachment 2

 

Scope of Work

 

	
  Item

  	
   

  	
  Item Price

  	
   

  	
  Quantity

  	
   

  	
  Total Price

  	
   

  
	
  Wind Turbine Generator (WTG) (1)

   

  ·                  Nacelle
  and hub: 1.5 MW SLE (2)

   

  ·                  Tower:
  MTS 3-section with T-flange (3)  

   

  ·                  Blade
  set: 77 meter rotor diameter (4)

   

  ·                  Down
  tower assembly (5)

   

  ·                  Parts
  shipped loose kit

   

  ·                  500
  Lb Capacity winch

  	
   

  	
  ***

  

  ***

  

  

  

  ***

  	
   

  	
  150 Total Wethersfield: 56 Brandon: 68 Centerville:
  26 

  

  	
   

  	
  ***

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Site Specific Loads Analysis (6)

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Base GE SCADA (7)(8)

  	
   

  	
  ***

  	
   

  	
  2

  	
   

  	
  ***

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Zero Volt Ride Through

  	
   

  	
  ***

  	
   

  	
  Per Unit (150 in total)

  	
   

  	
  ***

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Cold Weather Extreme

   

  Temperature
  Range:

   

  Operation: -30oC
  to +40o C

   

  Survival:
  -40oC to +50o C

   

  Note: At
  higher elevations, the maximum operating temperature is reduced.

  	
   

  	
  ***

  	
   

  	
  150

  	
   

  	
  ***

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  Base Wind Farm Management System

  	
   

  	
  ***

  ***

  	
   

  	
  150
 Per substation (2 total)

  	
   

  	
  ***

  	
   

  

 

46

 

	
  Project Support Services (9)

  	
   

  	
  ***

  	
   

  	
  1 Per Unit

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Special installation tools

  	
   

  	
  ***

  	
   

  	
  One per heavy lift crane (plus one
  additional if Project is greater than 20 Units

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Warranty (as described in the Contract)

  	
   

  	
  ***

  	
   

  	
  All

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Enhanced Reactive Power Capability

   

  ·                  Static
  power factor setting between 0.90 overexcited (lagging, reactive power
  delivered) to 0.90 underexcited (leading reactive power absorbed) at 1.0pu
  voltage (575V) and full power (1500kW) at the WTG terminals.

  	
   

  	
  ***

  	
   

  	
  150

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Total Contract Price

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  ***

  

 

NOTES:

 

(1)                                  Summary
specifications

 

·                  Standard
Temperature Range:

 

·                  Operation:  -15oC to +40o C.

 

·                  Survival: -20oC to +50o C.

 

Note: At
higher elevations, the maximum operating temperature is reduced.

 

·                  Corrosion
Protection per ISO 12944-2: External components rated to C3; internal rated to
C2.

 

·                  Static
power factor setting between 0.95 overexcited (lagging, reactive power
delivered) to 0.90 underexcited (leading reactive power absorbed) at 1.0pu
voltage (575V) and full power (1500kW) at the WTG terminals.

 

(2)                                  Includes generator,
main shaft, bearings, drive train couplings, rotor hub, gearbox (with first oil
fill), generator cooling system, hydraulic system, yaw drive system, blade
pitch mechanism including drive motors and control system, wind speed and
direction sensors, lightning protection system, braking system,
instrumentation, and other related components.

 

GE Monogram on Nacelle not
included unless otherwise instructed by Buyer (210 days in advance).

 

47

 

(3)                                  Three section steel
tower with “T”-flange base for bolting to concrete foundation.  The actual height of the tower is listed in
Drawing 903216 (Please contact Project Manager to obtain the applicable
revision of this drawing).

 

The foundation anchor bolt
pattern is shown in Drawing 903216. 
Tower sections to be supplied with loose parts kit (lugs, bolts,
connections) for erection EXCEPT
anchor bolt templates, anchor bolts, rigging equipment, and lifting beam, which
are outside of the Seller’s Scope of Work.

 

Tower internals include ladders, platforms,
power cabling (with all necessary terminations), fall protection,
lighting.  Towers will be delivered to
Site pre-wired.

 

(4)                                  Blade sets consist of
three fiberglass epoxy resin blades in accordance with the Technical
Specifications.

 

(5)                                  Seller’s Scope of
Work includes all electrical and electronic wire and cables from the machine
head to the down tower equipment.  It
does not include splicing labor or crimping tools (but does include heat
shrink, conductive paste, and barrel splices required to splice cable) between
tower sections or connection from BOP equipment (e.g. Padmount transformer) to
the down tower assembly.

 

(6)                                  Based on
Buyer-provided data, as requested in the Windfarm Met Data Form and
Project Information Form, GE will conduct a Site Specific Loads Analysis that
will determine the adequacy of 1.5sle. GE’s review will determine if the
foregoing Scope of Work is sufficient based on:

 

·                  Number
of days with temperature below –20°C

 

·                  Predicted
fatigue loading

 

·                  Predicted
maximum 3 second gust, 50 year return period

 

·                  Expected
seismic loading

 

The Buyer is responsible for assessing the
nature of the conditions at the Site and submitting the requested information
in a timely manner. A Site Specific Loads Analysis is to be carried out by the
Seller’s engineering team in accordance with the established standards and
procedures applied in a non-discriminatory manner for each proposed wind farm
location.  If the Scope of Work is not
sufficient, one or more of the Options described in the Schedule of Options may
be recommended by the Seller. In some cases (for example, extreme expected
seismic loads), a specialized configuration may be necessary that can delay the
Scheduled Major Component Shipment Dates and/or increase the Contract Price
and/or the Purchase Order Price. Such Site-specific risks are sole
responsibility of the Buyer.

 

(7)                                  Base GE SCADA system:
Includes a basic communication rack that can support up to four (4) single-mode
communication loops (that connect the first WTG in the loop to the master SCADA
communication rack), and four (4) multi-mode loops.

 

(8)                                  One (1) Metmast
SCADA package (enclosure, anemometer, windvane, sensors, cable, boom) per each
test tower required per the Machine Power Performance Tests (MPPT), assuming
each Unit to be tested will require an associated test tower to satisfy the
elevation relationship requirements is also included.

 

(9)                                  Project Support
Services include:

 

48

 

·                  Technical
Advisory Support at the Project Site during installation, Startup and
Commissioning.

 

·                  Site
receiving supervision and inventory control for the Seller’s Scope of Work.

 

·                  Supervision
of use of specialized installation tools.

 

·                  Commissioning
of Unit, SCADA, and WFMS (if WFMS option is selected by the Buyer).

 

·                  Start-up
support during initial operations to assist O&M Staff.

 

·                  Two
full sets of operations and maintenance manuals printed and bound plus a copy
on CD.

 

·                  The
Project Support Services shall include a staffing plan for each Project and a
number of man-weeks of services to be provided for each Project, and shall be
provided to the Buyer at least 120 days in advance of the performance of the
Work at the Site for the Project.

 

·                  These
prices are based upon the following assumptions:

 

(1)                                  That the multiple
Project sites for each quote are immediately adjacent to one another and hence
the Seller’s team will not have to relocate any construction facilities for the
duration of the construction of the portfolio of the Projects.

 

(2)                                  That the schedule of
start-up and commissioning is done at a rate of at least *** Units per week, and that this is done consecutively, not
at the same time (within the two priced Project groups).

 

(3)                                  Blade re-torquing, as
required, will be an additional cost to Buyer.

 

49

 

Attachment 3

 

Payment Schedule

 

Payments shall be made in accordance with the
following schedule:

 

***

 

Refer to Article 12 for
further invoicing and payment details.

 

* If any
of the Progress Payments listed above would be due after the Shipment of the
first group of Units for the relevant Project, the Seller shall provide the
Buyer an invoice for the unpaid amount of such Progress Payments relating to
the Units for the relevant Project (a “True-Up Amount”) and the Buyer shall pay
such True-Up Amount on the same date the Buyer pays for such Shipment all in
accordance with Article 12 of the Contract. For the avoidance of doubt,
the True-Up Amount shall be the amount necessary to bring the total payments
made with respect to the Units for the relevant Project equal to 40% of the
total amount owed for such Units (excluding the payment due upon Shipment).

 

50

 

Attachment 4

 

Performance Schedule

 

The following table will be included in each Purchase Order:

 

	
  Milestones

  	
   

  	
  Milestone Event

  	
   

  	
  Milestone Date

  
	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  

 

Note: The Parties acknowledge and
agree that the Milestones Dates set forth for the Milestones 1, 2 and 4 in this
Attachment 4 are included solely for purposes of Section 12.1 of the
Contract.

 

51

 

Attachment 5

 

Schedule of Options

 

The Buyer shall have the option to purchase
the following Equipment and/or Services on or before the Exercise Date(s) stated
below and for the prices stated subject to availability, and the Seller shall
provide transportation service in accordance with Section 5.2 of the
Contract.  Any Option for the Units
requested by the Buyer after the Exercise Date will require a Change Order and
may involve a change in the Scheduled Major Component Shipment Dates.

 

	
  Item

  	
   

  	
  Item Price

  	
   

  	
  Basis

  	
   

  	
  Exercise Date

  
	
  Transportation

   

  (US Ground Transport to Site)

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Additional Technical Advisor (TA)

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Enhanced Reactive Power Capability

   

  ·             Static power factor
  setting between 0.90 overexcited (lagging, reactive power delivered) to 0.90
  underexcited (leading reactive power absorbed) at 1.0pu voltage (575V) and
  full power (1500kW) at the WTG terminals.

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Low Voltage Ride Through I (LVRT I):

   

  30% voltage at the point of intersection
  for 100msec

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Low Voltage Ride Through II (LVRT II):

   

  15% voltage at the point of intersection
  for 625msec for single- and three-phase faults; 200msec for two-phase faults

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Zero Volt Ride Through (available starting
  2008)

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Base Wind Farm Management System

   

  Features:

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  

 

52

 

	
  ·             Dynamic VAR Control

   

  ·             Line Drop
  Compensation

   

  ·             Power Curtailment

   

  ·             Capacitor/Reactor
  Bank Control

   

  ·             Ramp Rate/Power
  Fluctuation Control

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Cold Weather Extreme

   

  Temperature
  Range:

   

  Operation: -30oC
  to +40o

   

  C Survival:
  -40oC to +50o C

   

  Note: At
  higher elevations, the maximum operating temperature is reduced.

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Grid Studies

  	
   

  	
  ***

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Additional Corrosion Protection

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Site Specific Power Curve (for Low
  Turbulence Intensity conditions)

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Obstruction Lighting

   

  (beacons, platforms, mounting brackets,
  cabling, installation hardware)

   

  ·             L810

   

  ·             L864

   

  ·             L865

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Additional SCADA Metmast package

   

  (enclosure, anemometer, windvane, sensors,
  cable, booms)

  	
   

  	
  ***

  	
   

  	
  ***

  	
   

  	
  ***

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Additional Special Tools

  	
   

  	
   

  	
   

  	
  ***

  	
   

  	
  ***

  

 

53

 

	
  ·             Pitch Drive Control

   

  Box Blade Trailing Edge Protector

  	
   

  	
  ***

   

  ***

  	
   

  	
  ***

  	
   

  	
   

  

 

54

 

Attachment 6

 

Power Curve Liquidated
Damages

 

	
  Payment Date

  	
   

  	
  Amount of Liquidated Damages

  
	
  ***

  	
   

  	
  ***

  
	
  ***

  	
   

  	
  ***

  

 

55

 

Attachment 7

 

Termination Schedule

 

	
  Months Prior to Scheduled Major Component

  Shipment Dates

  	
   

  	
  Termination Charge per Unit terminated

  (percent of Unit price)

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  
	
  ***

  	
   

  	
  ***

  	
   

  

 

56

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