Document:

exv10wa

Exhibit 10(a)

CERNER CORPORATION

2005 ENHANCED SEVERANCE PAY PLAN

As Amended and Restated on January 1, 2008 (for I.R.C. § 409A),

April 1, 2010 and on August 15, 2010

     SECTION 1. Introduction.

          (a) Purpose. Cerner Corporation and its United States-based wholly-owned subsidiaries
(“Cerner”) value the contributions of their Associates and take measures to create and maintain a
productive and fulfilling work environment. However, Cerner recognizes that business needs, an
Associate’s work performance or other reasons may require termination of employment. At any point
during an Associate’s employment, Cerner may choose to terminate the employment relationship.

          Because employment with Cerner is at-will, Cerner has no obligation to compensate any
Associate upon termination from his or her employment other than as may be provided in that
Associate’s Cerner Associate Employment Agreement or as specifically set forth in this 2005
Enhanced Severance Pay Plan (“Plan”). Cerner values its Associates and is interested in helping to
mitigate the financial hardship caused by business conditions or other factors necessitating a
termination.

          (b) Overview. Generally, this Plan provides enhanced Severance Benefits to Associates
upon either a (i) “Non-CIC Severance” or (ii) “CIC Severance”, as such terms are defined herein.
Cerner expressly reserves the right to amend or terminate this Plan, or the benefits provided
hereunder, at any time; provided, however, that no such amendment or termination shall occur with
respect to the CIC Severance Benefits after the occurrence of a Change in Control.

          (c) Summary Plan Description. This Plan document also constitutes the Summary Plan
Description for the Plan.

     SECTION 2. Definitions. 

          Certain capitalized terms used herein are defined parenthetically throughout this Plan and/or
defined in this Section 2.

          (a) Associate. “Associate” means an employee of Cerner.

          (b) Beneficial Ownership. “Beneficial Ownership”, “Beneficial Owner” or “Beneficially
Own” shall have the same meaning as such terms are used in Rule 13d-3 of the Exchange Act.

          (c) Board. “Board” means the Board of Directors of Cerner Corporation.

 

 

          (d) Cause. “Cause” means an Eligible Associate’s (i) material breach of his/her
Employment Agreement or material neglect of his/her duties and responsibilities thereunder, (ii)
fraud against Cerner, (iii) misappropriation of Cerner’s assets, (iv) embezzlement from Cerner, (v)
theft from Cerner, (vi) acts resulting in the arrest and indictment for a crime involving drug
abuse, violence, dishonesty or theft or (vii) act or failure to take any action that results in a
violation of the Sarbanes-Oxley Act of 2002, or any related statutes, laws or regulations.

          (e) Change in Control. “Change in Control” means:

          (i) The acquisition by any “Person” (as the term “person” is used for purposes of
Section 13(d) or 14(d) of the Exchange Act) of Beneficial Ownership of thirty-five percent
(35%) or more of either: (A) the then outstanding shares of common stock of Cerner
Corporation (the “Outstanding Cerner Common Stock”), or (B) the combined voting power of the
then outstanding voting securities of Cerner Corporation entitled to vote generally in the
election of the Board’s directors (the “Outstanding Cerner Voting Securities”); provided,
however, that for purposes of this subsection (i), the following acquisitions shall not
constitute a Change in Control: (X) any acquisition directly from Cerner, (Y) any
acquisition by Cerner or (Z) any acquisition by any Associate benefit plan (or related
trust) sponsored or maintained by Cerner Corporation or any corporation controlled by
Cerner; or

          (ii) Individuals who, as of the date hereof, constitute the Board (the “Incumbent
Board”) cease for any reason to constitute at least a majority of the Board; provided,
however, that any individual becoming a Board director subsequent to the date hereof whose
appointment or election, or nomination for election by Cerner’s shareholders, was approved
by a vote of at least a majority of the Board directors then comprising the Incumbent Board
shall be considered as though such individual were a member of the Incumbent Board, but
excluding, for this purpose, any such individual whose initial assumption of office occurs
as a result of an actual or threatened election contest with respect to the election or
removal of Board directors or other actual or threatened solicitation of proxies or consents
by or on behalf of a Person other than the Board; or

          (iii) Consummation of a reorganization, merger or consolidation or sale or other
disposition of all or substantially all of the assets of Cerner (a “Business Combination”),
in each case, unless, following such Business Combination, (A) all or substantially all of
the individuals and entities who were the Beneficial Owners, respectively, of the
Outstanding Cerner Common Stock and Outstanding Cerner Voting Securities immediately prior
to such Business Combination Beneficially Own, directly or indirectly, more than 50% of,
respectively, the then outstanding shares of common stock and the combined voting power of
the then outstanding voting securities entitled to vote generally in the election of
directors, as the case may be, of Cerner Corporation resulting from such Business
Combination (including, without limitation, a corporation which as a result of such
transaction owns Cerner or all or substantially all of Cerner’s assets either directly or
through one or more subsidiaries) in substantially the same proportions as their ownership,
immediately prior to such Business Combination of the Outstanding

2

 

Cerner Common Stock and Outstanding Cerner Voting Securities, as the case may be, (B)
no Person (excluding any Associate benefit plan (or related trust) of Cerner or such
corporation resulting from such Business Combination) Beneficially Owns, directly or
indirectly, 35% or more of, respectively, the then outstanding shares of common stock of
Cerner Corporation resulting from such Business Combination or the combined voting power of
the then outstanding voting securities of such corporation except to the extent that such
ownership existed prior to the Business Combination and (C) at least a majority of the
members of the Board resulting from such Business Combination were members of the Incumbent
Board at the time of the execution of the initial agreement, or of the action of the Board,
providing for such Business Combination; or

          (iv) Approval by the shareholders of Cerner Corporation of a complete liquidation or
dissolution of Cerner.

          (f) CIC Protected Period. “CIC Protected Period” means the period beginning on the
effective date of a Change in Control and ending on the one-year anniversary of such effective
date.

          (g) CIC Severance. “CIC Severance” means, at any time during the CIC Protected
Period, an Eligible Associate’s termination of employment with Cerner (or its successor), that also
qualifies as a separation from service under Section 409A of the Code, due to (i) Cerner’s (or its
successor’s) termination without Cause of the Eligible Associate’s employment, or (ii) the Eligible
Associate’s resignation for Good Reason.

          (h) CIC Severance Benefits. “CIC Severance Benefits” means those severance benefits
set forth in Section 4(b) that, provided an Eligible Associate is entitled to receive such benefits
in accordance with Section 3, the Eligible Associate receives following a CIC Severance.

          (i) CIC Week of Severance Pay. A “CIC Week of Severance Pay” means an Eligible
Associate’s: (i) regular weekly base rate of pay in effect on the effective date of a CIC Severance
(prior to any reductions taken for payroll taxes, income tax withholdings, elective deferrals made
to or in connection with Cerner’s Associate benefit plans or Executive Deferred Compensation Plan,
and excluding any overtime, bonuses, commissions, premium pay, benefits, expense reimbursements,
etc.), plus (ii) the average annual cash bonus the Associate had received from Cerner during the
three (3) years preceding the CIC Severance (prior to any reductions taken for payroll taxes,
income tax withholdings, elective deferrals made to or in connection with Cerner’s Associate
benefit plans or Executive Deferred Compensation Plan, and excluding any overtime, bonuses,
commissions, premium pay, benefits, expense reimbursements, etc.), divided by 52 weeks. For
example, a CIC Week of Severance Pay for an Eligible Associate whose: (i) annual base salary
(excluding the pay and benefits listed above) is $52,000, and (ii) whose average annual cash bonus
received during the three (3) years preceding the CIC Severance is $15,600, would be $1,000
($52,000/52 weeks) plus $300 ($15,600/52 weeks), equaling a CIC Week of Severance Pay of $1,300.
Cerner’s cash bonus plan currently pays a bonus, if earned, following each fiscal quarter of
Cerner. When calculating the average annual cash bonus, the actual cash bonus paid to the
Associate (or earned but not yet paid for the most recent full fiscal quarter preceding the CIC
Severance) for the twelve (12) consecutive full

3

 

Cerner fiscal quarters immediately preceding the CIC Severance shall be included in the
calculation of the Associate’s average annual cash bonus for the three (3) years preceding the CIC
Severance. If the Associate has not been employed by Cerner for twelve (12) consecutive full
Cerner fiscal quarters immediately prior to the CIC Severance, the average annual cash bonus
received by such Associate shall be calculated based on the number of consecutive full fiscal
quarters the Associate has been employed by Cerner immediately prior to the CIC Severance and
adjusted to equal a yearly average. For avoidance of all doubt, the calculation of average annual
cash bonus shall not include any sales commissions or similar payments received by an Associate
based on individual sales or contracts signed with Cerner clients.

          (j) COBRA. “COBRA” means the Consolidated Omnibus Budget Reconciliation Act of 1985,
as amended.

          (k) Code. “Code” means the Internal Revenue Code of 1986, as amended.

          (l) Eligible Associate. “Eligible Associate” means an individual who: (i) is a
permanent, full-time salaried Associate on the U.S. payroll of Cerner, as determined by Cerner’s
employment records; and (ii) has entered into an Employment Agreement. The determination of
whether an Associate is an Eligible Associate shall be made by the Plan Administrator, in its sole
discretion, and such determination shall be binding and conclusive on all persons. In no event
shall part-time Associates, interns or independent contractors be Eligible Associates.

          (m) Employment Agreement. “Employment Agreement” means an Eligible Associate’s then
current Cerner Associate Employment Agreement with Cerner.

          (n) Exchange Act. “Exchange Act” means the Securities Exchange Act of 1934, as
amended.

          (o) Excess Severance Benefits. “Excess Severance Benefits” means any Severance
Benefits that exceed the limit provided in Treas. Reg. Section 1.409A-1(b)(9)(iii).

          (p) Good Reason. “Good Reason” means, without an Eligible Associate’s express written
consent: (i) a material adverse change in the Eligible Associate’s authority, duties or job
responsibilities (except for such subordination in duties and job responsibilities as may normally
be required due to Cerner’s change from an independent business entity to a subsidiary or division
of another corporate entity); or (ii) a reduction of 5% or more to an Eligible Associate’s annual
salary and cash bonus opportunity in effect prior to the Change in Control; provided, however, the
Eligible Associate must provide notice to Cerner (or its successors) within 30 days after the
adverse change or reduction and must give Cerner (or its successors) at least 30 days to remedy the
event or condition. In no event will an isolated, insubstantial and inadvertent action not taken
in bad faith and which is remedied by Cerner (or its successors) constitute Good Reason.

          (q) Non-CIC Severance. “Non-CIC Severance” means at any time, other than during a CIC
Protected Period, an Eligible Associate’s termination of employment with Cerner, that also
qualifies as a separation from service under Section 409A of the Code, by Cerner, other than for
Cause, due to reorganization, restructuring, unsatisfactory work performance (other than where such
unsatisfactory work performance is deliberate), or for other reasons as determined by

4

 

the Plan Administrator in its sole discretion to constitute a Non-CIC Severance. Without
limitation, the following events and reasons shall not constitute a Non-CIC Severance:

               (i) death;

               (ii) disability;

               (iii) voluntary resignation (regardless of the circumstances surrounding the Eligible
Associate’s decision to resign);

               (iv) retirement;

               (v) discharge by Cerner for any other work related reason other than redundancy or
unsatisfactory work performance (including, without limitation, absenteeism, misconduct, refusal to
transfer to an equivalent position that does not require relocation, failure to return to work
after an approved leave of absence, insubordination, violation of Cerner’s rules or policies,
dishonesty, deliberate unsatisfactory performance, etc.);

               (vi) entering military duty;

               (vii) CIC Severance; or

               (viii) Termination for Cause.

          (r) Non-CIC Severance Benefits. “Non-CIC Severance Benefits” means those severance
benefits set forth in Section 4(a) that, provided an Eligible Associate is entitled to receive such
benefits in accordance with Section 3, the Eligible Associate receives following a Non-CIC
Severance.

          (s) Plan Administrator. “Plan Administrator” means the person or entity specified as
such in Section 7.

          (t) Role Level. “Role Level” means an Eligible Associate’s designated category of
employment as specified by Cerner’s current employment classification hierarchy. In the event
Cerner changes its hierarchy structure, the Role Levels specified in this Plan shall refer to the
equivalent Role Level under any new classification scheme.

          (u) Severance Benefits. “Severance Benefits” means either CIC Severance Benefits or
Non-CIC Severance Benefits.

          (v) Specified Associate. “Specified Associate” means an Associate that would be a
“specified employee” as defined in Section 409A(a)(2)(B)(i) of the Code and Department of Treasury
regulations and other interpretive guidance issued thereunder.

          (w) Week of Severance Pay. “Week of Severance Pay” means an Eligible Associate’s
regular weekly base rate of pay in effect on the effective date of a Non-CIC Severance (prior to
any reductions taken for payroll taxes, income tax withholdings, elective deferrals made to or in
connection with Cerner’s Associate benefit plans or Executive Deferred

5

 

Compensation Plan, and excluding any overtime, bonuses, commissions, premium pay, benefits,
expense reimbursements, etc.). For example, a Week of Severance Pay for an Eligible Associate
whose annual base salary as of the Non-CIC Severance (excluding the pay and benefits listed above)
is $52,000, would be $1,000 ($52,000/52 weeks).

          (x) Year of Service. “Year of Service” means, with respect to an Eligible Associate,
each period of twelve (12) consecutive months of full-time employment by Eligible Associate with
Cerner beginning with the Associate’s full-time employment commencement date with Cerner and ending
with the day preceding the anniversary of such date in the next and all succeeding years. No
partial Years of Service shall be credited under this Plan nor will prorated Severance Benefits be
paid for any fractional Year of Service.

     SECTION 3. Entitlement for Severance Benefits

          (a) Entitlement. Subject to the exceptions set forth below in Section 3(b), an
Eligible Associate shall be entitled to receive either the Non-CIC Severance Benefits or the CIC
Severance Benefits described below in Section 4, upon experiencing a Non-CIC Severance or CIC
Severance, respectively, and provided that the following conditions are satisfied:

               (i) The Eligible Associate’s termination of employment with Cerner must have constituted
either a CIC Severance or Non-CIC Severance. In no event shall an Associate’s leave during one of
Cerner’s recognized leave programs constitute a termination of employment event under this Plan,

               (ii) Following or in connection with the Eligible Associate’s termination of employment, the
Eligible Associate must comply with all transition assistance requests of Cerner, to Cerner’s
satisfaction, such as aiding in the location of files and documents, returning all Cerner property
and repaying any amounts owed Cerner, and

               (iii) With respect to and in connection with a Non-CIC Severance only, the Eligible Associate
has, after the Eligible Associate’s termination of employment, properly executed and delivered to
Cerner a Severance and Release Agreement with Cerner that provides for an irrevocable and complete
release of all present and future claims by Eligible Associate.

          (b) Exceptions to Severance Entitlement. An Eligible Associate will not receive
Severance Benefits under this Plan in the following circumstances, as determined in the Plan
Administrator’s sole discretion:

               (i) The Eligible Associate’s Employment Agreement (or amendments or supplement thereto)
provides that none of the benefits provided under this Plan or any other broad-based Cerner
severance plan or policy shall apply to such Associate. In such a case, such Associate’s severance
benefits, if any, shall be governed by the terms of such Employment Agreement (as amended or
supplemented).

               (ii) The Associate breaches the terms and conditions of his/her Employment Agreement
(including, without limitation, violating the non-competition provisions thereof).

6

 

               (iii) With respect to Non-CIC Severance Benefits only: (a) the Eligible Associate’s employment
termination is in connection with the sale, divesture or other disposition of the stock or assets
of any subsidiary, division or other operating unit of Cerner or any of its subsidiaries
(“Operating Unit”) (or part thereof) which does not constitute a Change in Control (a
“Transaction”), and the Eligible Associate is offered continued employment, or continues in
employment, with the divested Operating Unit (or part thereof) or the purchaser of the stock or
assets of the Operating Unit (or part thereof), or one of such purchaser’s affiliates (the
“Post-Transaction Employer”), as the case may be, on terms and conditions that would not constitute
Good Reason, and (b) Cerner obtains an agreement from the Post-Transaction Employer, enforceable by
the Eligible Associate, to provide (or Cerner agrees to provide) severance pay, if the Eligible
Associate accepts the offered employment or continues in employment with the Post-Transaction
Employer or its affiliates following the Transaction, at least equal to the severance pay set forth
in Section 4(a) payable upon a Non-CIC Severance termination of the Eligible Associate’s employment
with the Post-Transaction Employer or its affiliates within the six (6) month period following the
Transaction. For purposes of this Section 3(b)(iii), the term “Good Reason” shall have the meaning
ascribed to it in this Plan, but the term “Cerner” as it is used in such definition shall be deemed
to refer to the Post-Transaction Employer employing the Eligible Associate after the Transaction.
For avoidance of doubt, in the circumstances described in the first sentence of this Section
3(b)(iii), the Eligible Associate shall not be entitled to receive Non-CIC Severance Benefits under
Section 4(a) whether or not the Eligible Associate accepts the offered employment or continues in
employment. Except as to separate severance benefits Cerner may itself expressly agree to in
writing to provide in connection with a Transaction (as contemplated by subpart (b) of the first
sentence of this Section 3(b)(iii)), the provisions of this Section 3(b)(iii) do not create any
entitlement to Severance Benefits from Cerner in any circumstances whatsoever and are to be
construed solely as a limitation on such entitlement in the circumstances herein set forth.

     SECTION 4. Severance Benefits.

          (a) Non-CIC Severance Benefits: If the termination of an Eligible Associate’s
employment constitutes a Non-CIC Severance, Cerner shall pay the Eligible Associate an amount of
severance pay based on the Eligible Associate’s Role Level and Years of Service with Cerner as of
the effective date of such termination. The amount of such severance pay shall be equal to: (i) a
Week of Severance Pay for such Eligible Associate multiplied by (ii) that number set forth in a
severance matrix, adopted periodically by management, outlining the severance benefits to which
Eligible Associates shall be entitled (“Severance Matrix”). The Severance Matrix shall be attached
hereto as Exhibit A, and dated to reflect the most recent adoption date by management.

          (b) CIC Severance Benefits. If the termination of an Eligible Associate’s employment
constitutes a CIC Severance, Cerner shall pay the Eligible Associate an amount of severance pay
based on the Eligible Associate’s Role Level and Years of Service with Cerner as of the effective
date of such termination. The amount of such CIC Severance Benefits shall be equal to: (i) a CIC
Week of Severance Pay for such Eligible Associate multiplied by (ii) that number set forth in the
current Severance Matrix, multiplied by 1.5.

7

 

          (c) Form of Payment.

               (i) Except with respect to Excess Severance Benefits, in the event of a Non-CIC Severance that
occurs before any Change in Control, Non-CIC Severance Benefits shall be paid in a lump sum or, if
the Plan Administrator elects, as salary continuation (without interest) on regularly scheduled
paydays of Cerner for the applicable severance period or some other method, but in no event shall
payments continue beyond the last day of the second calendar year following the calendar year the
Non-CIC Severance occurs.

               (ii) Subject to Section 4(c)(v) below, in the event of a CIC Severance, CIC Severance Benefits
shall be paid in a lump sum as soon as practicable within 90 days of the CIC Severance.

               (iii) Subject to Section 4(c)(v) below, in the event of a Non-CIC Severance that occurs after
any Change in Control, Non-CIC Severance Benefits shall be paid in a lump sum as soon as
practicable within 90 days of the Non-CIC Severance.

               (iv) Subject to Section 4(c)(v) below, all Excess Severance Benefits shall be paid in a lump
sum as soon as practicable within 90 days of the CIC Severance or Non-CIC Severance.

               (v) If the Associate receiving any Severance Payment under this Plan is a Specified Associate,
then any payment that the Associate would otherwise have been paid under Section 4(c)(ii), (iii) or
(iv) above shall be paid on the first day of the seventh month following the CIC or Non-CIC
Severance.

               (vi) Any Severance Benefits, including Excess Severance Benefits that are subject to the
offset provisions of Section 6(c) of the Plan will be paid at the time and in the form Cerner
determines would allow payment of such offset benefits to comply with Code section 409A.

          (d) Withholding. All Severance Benefits made under this Plan will be subject to
applicable withholding for federal, state and local taxes. If any Eligible Associate is indebted
to Cerner at his or her termination date, Cerner reserves the right to offset any Severance
Benefits under this Plan by the amount of such indebtedness.

     SECTION 5. Employment.

          (a) No Modification of Associate Employment Agreements. This Plan shall not modify
any terms of an Eligible Associate’s Employment Agreement, including but not limited to the type of
employment relationship, the Associate’s obligations and continuing obligations set forth therein.

          (b) Limitation on Associate Rights. This Plan shall not give any Associate the right
to be retained in the service of Cerner or interfere with or restrict the right of Cerner to
terminate the employment of any Associate.

8

 

          (c) Changed Decisions. Cerner has the right to cancel or reschedule the effective
date of an Eligible Associate’s employment termination. An Eligible Associate will not be eligible
for any Severance Benefits under this Plan if the Eligible Associate’s employment termination is
canceled by Cerner, or if the Eligible Associate is offered an opportunity to return to work or
have his or her employment reinstated with Cerner.

     SECTION 6. Relation to Other Benefits and Pay

          (a) COBRA. Associates and their dependents covered under one or more of Cerner’s
group health plans may be eligible for continuation coverage pursuant to the federal COBRA law.
This Plan does not provide Associates or their dependents with any greater right to continuation
coverage than what the federal COBRA law requires.

          (b) Other Benefit Plans. Eligibility, coverage and benefits under other Cerner
benefit plans (e.g., any group life, disability, accidental death, retirement, stock plans, etc.)
are governed by the terms of those respective plans. This Plan does not provide Associates or
their beneficiaries and dependents with any greater eligibility, coverage or benefits than what
such plans provide.

          (c) Offset of Benefits. Except as may otherwise be specifically provided for in an
Associate’s Employment Agreement, the amount of any Severance Benefits paid under this Plan is in
lieu of, and not in addition to, any other severance an Eligible Associate may otherwise be
entitled to receive from Cerner, including under an Employment Agreement or other document.
Notwithstanding the payment provisions of Section 4(c) and subject to the immediately preceding
sentence, the Company may, at its sole option and discretion, pay other severance benefits
according to the time and form specified in the plan or agreement to which the other severance
benefit applies, if the Company determines that doing so would allow both this Plan and the other
plan or agreement to operate in compliance with Code section 409A.

          (d) Integration with Other Payments. Severance Benefits paid under this Plan are not
intended to duplicate benefits such as pay-in-lieu of notice, severance pay, workers compensation
wage replacement, disability pay, or similar benefits or pay under other benefit plans, severance
programs, employment agreements, transaction documents or applicable laws, such as the WARN Act.
In the event such other pay or benefits is payable to an Eligible Associate, Severance Benefits
under this Plan will be reduced accordingly or, alternatively, pay or benefits previously paid
under this Plan will be treated as having been paid to satisfy other pay or benefit obligations.
In either case, the Plan Administrator, in its sole discretion, will determine how to apply this
provision and may override other provisions in the Plan in doing so. This provision, however,
shall not preclude an otherwise Eligible Associate from receiving any payments under a Cerner
Performance Plan (CPP) or any pay for accrued vacation under Cerner’s separate CPP or vacation
policy, as may be amended from time-to-time. CPP and pay for accrued vacation, if any, shall be
paid pursuant to the terms of those separate plans or policies.

          (e) Reemployment. If an Eligible Associate is reemployed by Cerner while Severance
Benefits are still payable under the Plan, all such Severance Benefits will cease, except as
otherwise specified by the Plan Administrator, in its sole discretion.

9

 

     SECTION 7. Plan Administration.

          (a) Plan Administrator. The Plan is administered by Cerner, which is the Plan
Administrator under the Employee Retirement Income Security Act of 1974 (“ERISA”). It is the
responsibility of the Plan Administrator to ensure that the Plan is administered in accordance with
its terms. It is also the responsibility of the Plan Administrator to explain any rights and
benefits that an Eligible Associate may have under the Plan and to answer any questions which an
Eligible Associate may have. The Plan Administrator maintains all documents which comprise the
Plan and annual filings, if any, which are prepared for the Plan. If you have any questions
regarding the Plan, you should review these available documents. The Plan Administrator may, but
is not required to, adopt rules and regulations of uniform applicability in its interpretation and
implementation of the Plan. The Plan Administrator may require each Eligible Associate to submit,
in such form as it shall deem reasonable and acceptable, proof of any information which the Plan
Administrator finds necessary or desirable for the proper administration of the Plan.

          (b) Exclusive Discretion. The Plan Administrator has full and complete discretionary
authority to determine eligibility for benefits under the Plan and to construe and interpret the
terms of the Plan. In making any decision or resolving any disputes, the Plan Administrator shall
have full and complete discretionary authority to (i) construe and interpret the provisions of the
Plan and to determine the right of any person to any interest in or eligibility for any benefit
under the Plan, and (ii) make any and all factual determinations necessary to determine the right
of any person to any interest in or eligibility for any benefit under the Plan; and, no person
shall be entitled to any benefit or interest under this Plan if the Plan Administrator decides in
its discretion that there is no entitlement to that benefit or interest. Decisions of the Plan
Administrator shall be final, binding and conclusive upon all parties.

     SECTION 8. Amendment or Termination

          Cerner, acting through its Chief Executive Officer, Chief Financial Officer, Chief Legal
Officer or Chief People Officer, has the right, in its nonfiduciary capacity, to amend the Plan or
to terminate it at any time, prospectively or retroactively, for any reason or no reason, without
notice, including discontinuing or eliminating benefits; provided, however, that no such amendment
or termination shall affect the right to any unpaid benefit of any Eligible Associate whose
termination date has occurred prior to such amendment or termination of the Plan and provided
further that no amendment or termination shall occur with respect to the CIC Severance Benefits
after the occurrence of a Change in Control.

     SECTION 9. Claims and Appeal Procedure

          (a) Initial Claim. If benefits under this Plan become due, the Plan Administrator
will notify you as to the amount of benefits you are entitled to, the duration of such benefit, the
time the benefit is to commence and other pertinent information concerning your benefit. If you
have been denied a benefit under the Plan, or if you feel that the benefit which has been given to
you is not accurate, you may file a claim with the Plan Administrator. If a claim for benefit is
denied by the Plan Administrator, the Plan Administrator shall provide you with written or
electronic notification of any adverse benefit determination within ninety (90)

10

 

days after receipt of the claim unless special circumstances require an extension of time for
processing the claim. If such an extension of time for processing is required, written or
electronic notice indicating the special circumstances and the date by which a final decision is
expected to be rendered shall be furnished to you. In no event shall the period of extension
exceed one hundred eighty (180) days after receipt of the claim. The notice of denial of the claim
shall set forth:

               (i) The specific reason or reasons for the adverse determination;

               (ii) Reference to the specific plan provisions on which the determination is based;

               (iii) A description of any additional material or information necessary for you to perfect the
claim, and an explanation of why such material or information is necessary; and

               (iv) A description of the Plan’s review procedures and the time limits applicable to such
procedures, including a statement of your right to bring a civil action under ERISA section 502(a)
following an adverse benefit determination on review.

          You (or your duly authorized representative) may review pertinent documents and submit issues
and comments in writing to the Plan Administrator. If you fail to appeal such action to the Plan
Administrator in writing within the prescribed period of time described in the next section, the
Plan Administrator’s adverse determination shall be final, binding and conclusive.

          (b) Appeal. In the event of an adverse benefit determination, you may appeal the
adverse determination by giving written notice to the Plan Administrator within sixty (60) days
after receipt of the notice of adverse benefit determination. The Plan Administrator may hold a
hearing or otherwise ascertain such facts as it deems necessary and shall render a decision which
shall be binding upon both parties. The appeal procedure shall:

               (i) Provide you at least 60 days following receipt of a notification of an adverse benefit
determination within which to appeal the determination;

               (ii) Provide you the opportunity to submit written comments, documents, records, and other
information relating to the claim for benefits;

               (iii) Provide that you shall be provided, upon request and free of charge, reasonable access
to, and copies of, all documents, records, and other information relevant to your claim for
benefits; and

               (iv) Provide for a review that takes into account all comments, documents, records, and other
information submitted by you relating to the claim, without regard to whether such information was
submitted or considered in the initial benefit determination.

          The decision of the Plan Administrator shall be made within sixty (60) days after the receipt
by the Plan Administrator of the notice of appeal, unless special circumstances

11

 

require an extension of time for processing, in which case a decision of Cerner shall be
rendered as soon as possible but not later than one hundred twenty (120) days after receipt of the
request for review. If such an extension of time is required, written or electronic notice of the
extension shall be furnished to you prior to the commencement of the extension. The decision of
the Plan Administrator shall be provided in written or electronic form to you and shall include the
following:

               (i) The specific reason or reasons for the adverse determination;

               (ii) Reference to the specific plan provisions on which the benefit determination is based;

               (iii) A statement that you are entitled to receive, upon request and free of charge,
reasonable access to, and copies of, all documents, records, and other information relevant to your
claim for benefits. Whether a document, record, or other information is relevant to a claim for
benefits shall be determined by reference to DOL Regulation Section 2560.503-1 (m)(8); and

               (iv) A statement describing any voluntary appeal procedures offered by the Plan and your right
to obtain the information about such procedures, and a statement of your right to bring an action
under ERISA section 502(a).

     SECTION 10. Statement of ERISA Rights

          The following statement is required by federal statute. Certain portions of this statement
may not apply to your particular situation or to this Plan.

          (a) Information About This Plan and Your Benefits. If you become a participant in the
Cerner Corporation Enhanced Severance Pay Plan you are entitled to certain rights and protections
under the Employee Retirement Income Security Act of 1974 (ERISA). ERISA provides that all Plan
participants shall be entitled to:

	 	•	 	Examine, without charge, at the Plan Administrator’s office and at other specified
locations, the Plan documents and, if any, copies of all documents filed by the Plan
with the U.S. Department of Labor, such as detailed annual reports and plan
descriptions.

	 
	 	•	 	Obtain copies of all Plan documents and other plan information upon written request
to the Plan Administrator. The Plan Administrator may make a reasonable charge for the
copies.

	 
	 	•	 	Receive a summary of the Plan’s annual financial report, if one is required to be
prepared. The Plan Administrator is required by law to furnish each participant with a
copy of this summary annual report if an annual report is required to be filed with the
Department of Labor.

          (b) Prudent Actions by Plan Fiduciaries. In addition to creating rights for plan
participants, ERISA imposes duties upon the people who are responsible for the operation of the

12

 

employee benefit plan. The people who operate your plan, called “fiduciaries” of the plan,
have a duty to do so prudently and in the interest of you and other plan participants and
beneficiaries. No one, including your employer or any other person, may fire you or otherwise
discriminate against you in any way to prevent you from obtaining a welfare benefit or exercising
your rights under ERISA.

          (c) Enforce Your Rights. If your claim for a Plan benefit is denied in whole or in
part you must receive a written explanation of the reason for the denial. You have the right to
have the Plan review and reconsider your claim. Under ERISA, there are steps you can take to
enforce the above rights. For instance, if you request materials from the Plan and do not receive
them within 30 days, you may file suit in a federal court. In such a case, the court may require
the Plan Administrator to provide the materials and pay you up to $110 a day until you receive the
materials, unless the materials were not sent because of reasons beyond the control of the Plan
Administrator. If you have a claim for benefits which is denied or ignored, in whole or in part,
you may file suit in a state or federal court. If it should happen that plan fiduciaries misuse
the plan’s money, or if you are discriminated against for asserting your rights, you may seek
assistance from the U.S. Department of Labor, or you may file suit in a federal court. The court
will decide who should pay court costs and legal fees. If you are successful the court may order
the person you have sued to pay these costs and fees. If you lose, the court may order you to pay
these costs and fees, for example, if it finds your claim is frivolous.

          (d) Assistance with Your Questions. If you have any questions about this Plan, you
should contact the Plan Administrator. If you have any questions about this statement or about
your rights under ERISA, you should contact the nearest office of the Employee Benefits and
Security Administration, U.S. Department of Labor, listed in your telephone directory, or the
Division of Technical Assistance and Inquiries, Employee Benefits and Security Administration, U.S.
Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.

     SECTION 11. Additional Information

          (a) Name and Address of Plan Sponsor and Plan Administrator. The name and address of
the Plan Sponsor and the Plan Administrator is:

Cerner Corporation

2800 Rockcreek Parkway

North Kansas City, MO 64117

EIN: 43-1196944

Telephone: (816) 201-1024

          (b) Type of Administration. The Plan is administered by Cerner Corporation.

          (c) Plan Number. The Plan number is 513.

          (d) Plan Year. The Plan Year ends on December 31.

          (e) Agent For Service of Legal Process. Service of legal process may be made upon the
Plan Sponsor (which is also the Plan Administrator) at the above address.

13

 

          (f) Plan Costs. Plan costs are paid by Cerner. The Plan is funded out of Cerner’s
general assets.

          (g) Insurance. Benefits provided by this Plan are not insured by the Pension Benefit
Guaranty Corporation under Title IV of ERISA because the insurance provisions under ERISA are not
applicable to the Plan.

     SECTION 12. Governing Law. 

This Plan is an “employee welfare benefit plan” within the meaning of Section 3(1) of ERISA and it
shall be interpreted, administered, and enforced in accordance with that law. To the extent that
state law is applicable, the statutes and common law of the State of Missouri, excluding any that
mandate the use of another jurisdiction’s laws, shall apply. Without limiting the generality of
this Section 12, it is intended that the Plan comply with Section 409A of the Code, and, in the
event that this Plan is determined to be a “deferred compensation plan” within the meaning of
Section 409A(d)(1) of the Code, Cerner shall, as necessary, adopt such conforming amendments as are
necessary to comply with Section 409A of the Code. To the extent that any Non-CIC Severance
Payment under this Plan: (1) is not exempt from Section 409A of the Code under the separation pay
plan exception set forth in Treasury Regulation § 1.409A-1(b)(9), and (2) is not otherwise delayed
as provided in Section 4(c)(v) (relating to the payments of Excess Severance Benefits to Specified
Associates), such payment shall be made on the later of: (A) the 30th day following the
Non-CIC Severance or (B) if pursuant to the Older Workers Benefit Protection Act or any similar
state counterpart, an Associate has an established period of time during which the Associate may
consider the execution of, or the revocation of, a waiver or release of claims against Cerner, the
last day on which such execution or revocation may be made.

     SECTION 13. Basis of Payments to and From the Plan

          The Plan shall be unfunded, and all cash payments under the Plan shall be paid only from the
general assets of Cerner.

     SECTION 14. Limitation on IRC Section 280G Parachute Payments

          In the event that any Severance Benefit payment to be made under this Plan would cause an
Eligible Associate to be liable for any excise tax under Code section 4999(a), the aggregate amount
of such Severance Benefit shall be reduced by the minimal amount necessary such that the Eligible
Associate is no longer subject to such excise tax. Any determination or calculation made by
Cerner relating to this Section 14, including, but not limited to, any calculation of an Eligible
Associate’s “base amount” as defined in Code section 280G(b)(3), or an Eligible Associate’s
anticipated “parachute payment,” as defined in Code section 280G(b)(2), shall be final, conclusive
and binding on the Eligible Associate.

14

 

     SECTION 15. Construction. 

          Where the context so indicates, the singular will include the plural and vice versa. Titles
are provided herein for convenience only and are not to serve as a basis for interpretation or
construction of the Plan. Unless the context clearly indicates to the contrary, a reference to a
statute or document shall be construed as referring to any subsequently enacted, adopted, or
executed counterpart.

15

 

Exhibit A

Severance Matrix Effective April 1, 2010

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Years of Service	 	Less than 2 years	 	>2, less than 5	 	>5, less than 10	 	> 10
	Role Level	 	Severance Weeks	 	Severance Weeks	 	Severance Weeks	 	Severance Weeks
	Executive Cabinet/Executive Officers / EVP
	 	 	16	 	 	 	24	 	 	 	36	 	 	 	52	 
	Senior Vice President
	 	 	13	 	 	 	20	 	 	 	30	 	 	 	42	 
	Vice President
	 	 	10	 	 	 	16	 	 	 	24	 	 	 	32	 
	Senior Director
	 	 	8	 	 	 	14	 	 	 	21	 	 	 	28	 
	Director
	 	 	6	 	 	 	12	 	 	 	18	 	 	 	24	 
	Levels 2 and 3 (Managers/Senior Managers)
	 	 	4	 	 	 	8	 	 	 	12	 	 	 	16	 
	Levels 4 and 5 (Senior Staff)
	 	 	3	 	 	 	6	 	 	 	9	 	 	 	12	 
	Levels 6 and 7 (Staff)
	 	 	2	 	 	 	4	 	 	 	6	 	 	 	8exv4w269

Exhibit 4-269

INDENTURE

DATED AS OF AUGUST 1, 2010

 

THE DETROIT EDISON COMPANY

(One Energy Plaza, Detroit, Michigan 48226)

TO

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

(719 Griswold Street, Suite 930, Detroit, Michigan 48226)

AS TRUSTEE

 

SUPPLEMENTAL TO MORTGAGE AND DEED OF TRUST

DATED AS OF OCTOBER 1, 1924

PROVIDING FOR

(A) GENERAL AND REFUNDING MORTGAGE BONDS,

2010 SERIES B

AND

(B) RECORDING AND FILING DATA

1

 

TABLE OF CONTENTS*

	 	 	 	 	 
	 	 	PAGE	 
	PARTIES
	 	 	3	 
	RECITALS
	 	 	3	 
	Original Indenture and Supplementals
	 	 	3	 
	Issue of Bonds Under Indenture
	 	 	3	 
	Bonds Heretofore Issued
	 	 	4	 
	Reason for Creation of New Series
	 	 	10	 
	Bonds to be 2010 Series B
	 	 	10	 
	Further Assurance
	 	 	10	 
	Authorization of Supplemental Indenture
	 	 	11	 
	Consideration for Supplemental Indenture
	 	 	11	 
	PART I. CREATION OF THREE HUNDRED FIFTY-SEVENTH SERIES OF BONDS, GENERAL AND
REFUNDING MORTGAGE BONDS, 2010 SERIES B
	 	 	11	 
	Sec. 1. Terms of Bonds of 2010 Series B
	 	 	11	 
	Sec. 2. Release
	 	 	13	 
	Sec. 3. Redemption of Bonds of 2010 Series B
	 	 	14	 
	Sec. 4. Redemption of Bonds of 2010 Series B in Event of Acceleration of
Notes
	 	 	14	 
	Sec. 5. Form of Bonds of 2010 Series B
	 	 	15	 
	Form of Trustee’s Certificate
	 	 	19	 
	PART II. RECORDING AND FILING DATA
	 	 	19	 
	Recording and Filing of Original Indenture
	 	 	19	 
	Recording and Filing of Supplemental Indentures
	 	 	19	 
	Recording and Filing of Supplemental Indenture Dated as of November 1, 2009
	 	 	24	 
	Recording of Certificates of Provision for Payment
	 	 	25	 
	PART III. THE TRUSTEE
	 	 	26	 
	Terms and Conditions of Acceptance of Trust by Trustee
	 	 	26	 
	PART IV. MISCELLANEOUS
	 	 	26	 
	Confirmation of Section 318(c) of Trust Indenture Act
	 	 	26	 
	Execution in Counterparts
	 	 	26	 
	EXECUTION
	 	 	26	 
	Testimonium
	 	 	26	 
	Execution by Company
	 	 	27	 
	Acknowledgment of Execution by Company
	 	 	28	 
	Execution by Trustee
	 	 	29	 
	Acknowledgment of Execution by Trustee
	 	 	30	 
	Affidavit as to Consideration and Good Faith
	 	 	31	 

 

			
	*	 	This Table of Contents shall not have any bearing upon the interpretation of any of the terms
or provisions of this Indenture.

2

 

	 	 	 

	PARTIES.

	 	SUPPLEMENTAL INDENTURE, dated as of the 1st day of August, in the year
2010, between THE DETROIT EDISON COMPANY, a corporation organized and
existing under the laws of the State of Michigan and a public utility
(hereinafter called the “Company”), party of the first part, and The
Bank of New York Mellon Trust Company, N.A., a trust company organized
and existing under the laws of the United States, having a corporate
trust agency office at 719 Griswold Street, Suite 930, Detroit,
Michigan 48226, as successor Trustee under the Mortgage and Deed of
Trust hereinafter mentioned (hereinafter called the “Trustee”), party
of the second part.
	 
	 	 
	ORIGINAL INDENTURE AND
SUPPLEMENTALS.

	 	WHEREAS, the Company has heretofore executed and delivered its Mortgage
and Deed of Trust (hereinafter referred to as the “Original
Indenture”), dated as of October 1, 1924, to the Trustee, for the
security of all bonds of the Company outstanding thereunder, and
pursuant to the terms and provisions of the Original Indenture,
indentures dated as of, respectively, June 1, 1925, August 1, 1927,
February 1, 1931, June 1, 1931, October 1, 1932, September 25, 1935,
September 1, 1936, November 1, 1936, February 1, 1940, December 1,
1940, September 1, 1947, March 1, 1950, November 15, 1951, January 15,
1953, May 1, 1953, March 15, 1954, May 15, 1955, August 15, 1957, June
1, 1959, December 1, 1966, October 1, 1968, December 1, 1969, July 1,
1970, December 15, 1970, June 15, 1971, November 15, 1971, January 15,
1973, May 1, 1974, October 1, 1974, January 15, 1975, November 1, 1975,
December 15, 1975, February 1, 1976, June 15, 1976, July 15, 1976,
February 15, 1977, March 1, 1977, June 15, 1977, July 1, 1977, October
1, 1977, June 1, 1978, October 15, 1978, March 15, 1979, July 1, 1979,
September 1, 1979, September 15, 1979, January 1, 1980, April 1, 1980,
August 15, 1980, August 1, 1981, November 1, 1981, June 30, 1982,
August 15, 1982, June 1, 1983, October 1, 1984, May 1, 1985, May 15,
1985, October 15, 1985, April 1, 1986, August 15, 1986, November 30,
1986, January 31, 1987, April 1, 1987, August 15, 1987, November 30,
1987, June 15, 1989, July 15, 1989, December 1, 1989, February 15,
1990, November 1, 1990, April 1, 1991, May 1, 1991, May 15, 1991,
September 1, 1991, November 1, 1991, January 15, 1992, February 29,
1992, April 15, 1992, July 15, 1992, July 31, 1992, November 30, 1992,
December 15, 1992, January 1, 1993, March 1, 1993, March 15, 1993,
April 1, 1993, April 26, 1993, May 31, 1993, June 30, 1993, June 30,
1993, September 15, 1993, March 1, 1994, June 15, 1994, August 15,
1994, December 1, 1994, August 1, 1995, August 1, 1999, August 15,
1999, January 1, 2000, April 15, 2000, August 1, 2000, March 15, 2001,
May 1, 2001, August 15, 2001, September 15, 2001, September 17, 2002,
October 15, 2002, December 1, 2002, August 1, 2003, March 15, 2004,
July 1, 2004, February 1, 2005, April 1, 2005, August 1, 2005,
September 15, 2005, September 30, 2005, May 15, 2006, December 1, 2006,
December 1, 2007, April 1, 2008, May 1, 2008, June 1, 2008, July 1,
2008, October 1, 2008, December 1, 2008, March 15, 2009, and November
1, 2009 supplemental to the Original Indenture, have heretofore been
entered into between the Company and the Trustee (the Original
Indenture and all indentures supplemental thereto together being
hereinafter sometimes referred to as the “Indenture”); and
	 
	 	 
	ISSUE OF BONDS UNDER INDENTURE.

	 	WHEREAS, the Indenture provides that said bonds shall be issuable in
one or more series, and makes provision that the rates of interest and
dates for the payment thereof, the date of maturity or dates of
maturity, if of serial maturity, the terms and rates of optional
redemption (if redeemable), the forms of registered bonds without
coupons of any series and any other provisions and

3

 

	 	 	 

	 

	 	agreements in
respect thereof, in the Indenture provided and permitted, as the Board
of Directors may determine, may be expressed in a supplemental
indenture to be made by the Company to the Trustee thereunder; and
	 
	 	 
	BONDS HERETOFORE ISSUED.

	 	WHEREAS, bonds in the principal amount of Thirteen billion four hundred
fourteen million eight hundred fifty-two thousand dollars
($13,414,852,000) have heretofore been issued under the Indenture as
follows, viz:

	 	 	 	 	 

	(1)

	 	Bonds of Series A
	 	— Principal Amount $26,016,000,
	 
	 	 	 	 
	(2)

	 	Bonds of Series B
	 	— Principal Amount $23,000,000,
	 
	 	 	 	 
	(3)

	 	Bonds of Series C
	 	— Principal Amount $20,000,000,
	 
	 	 	 	 
	(4)

	 	Bonds of Series D
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(5)

	 	Bonds of Series E
	 	— Principal Amount $15,000,000,
	 
	 	 	 	 
	(6)

	 	Bonds of Series F
	 	— Principal Amount $49,000,000,
	 
	 	 	 	 
	(7)

	 	Bonds of Series G
	 	— Principal Amount $35,000,000,
	 
	 	 	 	 
	(8)

	 	Bonds of Series H
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(9)

	 	Bonds of Series I
	 	— Principal Amount $60,000,000,
	 
	 	 	 	 
	(10)

	 	Bonds of Series J
	 	— Principal Amount $35,000,000,
	 
	 	 	 	 
	(11)

	 	Bonds of Series K
	 	— Principal Amount $40,000,000,
	 
	 	 	 	 
	(12)

	 	Bonds of Series L
	 	— Principal Amount $24,000,000,
	 
	 	 	 	 
	(13)

	 	Bonds of Series M
	 	— Principal Amount $40,000,000,
	 
	 	 	 	 
	(14)

	 	Bonds of Series N
	 	— Principal Amount $40,000,000,
	 
	 	 	 	 
	(15)

	 	Bonds of Series O
	 	— Principal Amount $60,000,000,
	 
	 	 	 	 
	(16)

	 	Bonds of Series P
	 	— Principal Amount $70,000,000,
	 
	 	 	 	 
	(17)

	 	Bonds of Series Q
	 	— Principal Amount $40,000,000,
	 
	 	 	 	 
	(18)

	 	Bonds of Series W
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(19)

	 	Bonds of Series AA
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(20)

	 	Bonds of Series BB
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(21)

	 	Bonds of Series CC
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(22)

	 	Bonds of Series UU
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(23-31)

	 	Bonds of Series DDP Nos. 1-9
	 	— Principal Amount $14,305,000,

4

 

	 	 	 	 	 

	(32-45)

	 	Bonds of Series FFR Nos. 1-14
	 	— Principal Amount $45,600,000,
	 
	 	 	 	 
	(46-67)

	 	Bonds of Series GGP Nos. 1-22
	 	— Principal Amount $42,300,000,
	 
	 	 	 	 
	(68)

	 	Bonds of Series HH
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(69-90)

	 	Bonds of Series IIP Nos. 1-22
	 	— Principal Amount $3,750,000,
	 
	 	 	 	 
	(91-98)

	 	Bonds of Series JJP Nos. 1-8
	 	— Principal Amount $6,850,000,
	 
	 	 	 	 
	(99-107)

	 	Bonds of Series KKP Nos. 1-9
	 	— Principal Amount $34,890,000,
	 
	 	 	 	 
	(108-122)

	 	Bonds of Series LLP Nos. 1-15
	 	— Principal Amount $8,850,000,
	 
	 	 	 	 
	(123-143)

	 	Bonds of Series NNP Nos. 1-21
	 	— Principal Amount $47,950,000,
	 
	 	 	 	 
	(144-161)

	 	Bonds of Series OOP Nos. 1-18
	 	— Principal Amount $18,880,000,
	 
	 	 	 	 
	(162-180)

	 	Bonds of Series QQP Nos. 1-19
	 	— Principal Amount $13,650,000,
	 
	 	 	 	 
	(181-195)

	 	Bonds of Series TTP Nos. 1-15
	 	— Principal Amount $3,800,000,
	 
	 	 	 	 
	(196)

	 	Bonds of 1980 Series A
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(197-221)

	 	Bonds of 1980 Series CP Nos.
1-25
	 	— Principal Amount $35,000,000,
	 
	 	 	 	 
	(222-232)

	 	Bonds of 1980 Series DP Nos.
1-11
	 	— Principal Amount $10,750,000,
	 
	 	 	 	 
	(233-248)

	 	Bonds of 1981 Series AP Nos.
1-16
	 	— Principal Amount $124,000,000,
	 
	 	 	 	 
	(249)

	 	Bonds of 1985 Series A
	 	— Principal Amount $35,000,000,
	 
	 	 	 	 
	(250)

	 	Bonds of 1985 Series B
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(251)

	 	Bonds of Series PP
	 	— Principal Amount $70,000,000,
	 
	 	 	 	 
	(252)

	 	Bonds of Series RR
	 	— Principal Amount $70,000,000,
	 
	 	 	 	 
	(253)

	 	Bonds of Series EE
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(254-255)

	 	Bonds of Series MMP and MMP
No. 2
	 	— Principal Amount $5,430,000,
	 
	 	 	 	 
	(256)

	 	Bonds of Series T
	 	— Principal Amount $75,000,000,
	 
	 	 	 	 
	(257)

	 	Bonds of Series U
	 	— Principal Amount $75,000,000,
	 
	 	 	 	 
	(258)

	 	Bonds of 1986 Series B
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(259)

	 	Bonds of 1987 Series D
	 	— Principal Amount $250,000,000,

5

 

	 	 	 	 	 

	(260)

	 	Bonds of 1987 Series E
	 	— Principal Amount $150,000,000,
	 
	 	 	 	 
	(261)

	 	Bonds of 1987 Series C
	 	— Principal Amount $225,000,000,
	 
	 	 	 	 
	(262)

	 	Bonds of Series V
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(263)

	 	Bonds of Series SS
	 	— Principal Amount $150,000,000,
	 
	 	 	 	 
	(264)

	 	Bonds of 1980 Series B
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(265)

	 	Bonds of 1986 Series C
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(266)

	 	Bonds of 1986 Series A
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(267)

	 	Bonds of 1987 Series B
	 	— Principal Amount $175,000,000,
	 
	 	 	 	 
	(268)

	 	Bonds of Series X
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(269)

	 	Bonds of 1987 Series F
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(270)

	 	Bonds of 1987 Series A
	 	— Principal Amount $300,000,000,
	 
	 	 	 	 
	(271)

	 	Bonds of Series Y
	 	— Principal Amount $60,000,000,
	 
	 	 	 	 
	(272)

	 	Bonds of Series Z
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(273)

	 	Bonds of 1989 Series A
	 	— Principal Amount $300,000,000,
	 
	 	 	 	 
	(274)

	 	Bonds of 1984 Series AP
	 	— Principal Amount $2,400,000,
	 
	 	 	 	 
	(275)

	 	Bonds of 1984 Series BP
	 	— Principal Amount $7,750,000,
	 
	 	 	 	 
	(276)

	 	Bonds of Series R
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(277)

	 	Bonds of Series S
	 	— Principal Amount $150,000,000,
	 
	 	 	 	 
	(278)

	 	Bonds of 1993 Series D
	 	— Principal Amount $100,000,000,
	 
	 	 	 	 
	(279)

	 	Bonds of 1992 Series E
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(280)

	 	Bonds of 1993 Series B
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(281)

	 	Bonds of 1989 Series BP
	 	— Principal Amount $66,565,000,
	 
	 	 	 	 
	(282)

	 	Bonds of 1990 Series A
	 	— Principal Amount $194,649,000,
	 
	 	 	 	 
	(283)

	 	Bonds of 1990 Series D
	 	— Principal Amount $0,
	 
	 	 	 	 
	(284)

	 	Bonds of 1993 Series G
	 	— Principal Amount $225,000,000,
	 
	 	 	 	 
	(285)

	 	Bonds of 1993 Series K
	 	— Principal Amount $160,000,000,
	 
	 	 	 	 
	(286)

	 	Bonds of 1991 Series EP
	 	— Principal Amount $41,480,000,

6

 

	 	 	 	 	 

	(287)

	 	Bonds of 1993 Series H
	 	— Principal Amount $50,000,000,
	 
	 	 	 	 
	(288)

	 	Bonds of 1999 Series D
	 	— Principal Amount $40,000,000,
	 
	 	 	 	 
	(289)

	 	Bonds of 1991 Series FP
	 	— Principal Amount $98,375,000,
	 
	 	 	 	 
	(290)

	 	Bonds of 1992 Series BP
	 	— Principal Amount $20,975,000,
	 
	 	 	 	 
	(291)

	 	Bonds of 1992 Series D
	 	— Principal Amount $300,000,000,
	 
	 	 	 	 
	(292)

	 	Bonds of 1992 Series CP
	 	— Principal Amount $35,000,000,
	 
	 	 	 	 
	(293)

	 	Bonds of 1993 Series C
	 	— Principal Amount $225,000,000,
	 
	 	 	 	 
	(294)

	 	Bonds of 1993 Series E
	 	— Principal Amount $400,000,000,
	 
	 	 	 	 
	(295)

	 	Bonds of 1993 Series J
	 	— Principal Amount $300,000,000,
	 
	 	 	 	 
	(296-301)

	 	Bonds of Series KKP Nos. 10-15
	 	— Principal Amount $179,590,000,
	 
	 	 	 	 
	(302)

	 	Bonds of 1989 Series BP No. 2
	 	— Principal Amount $36,000,000,
	 
	 	 	 	 
	(303)

	 	Bonds of 1993 Series FP
	 	— Principal Amount $5,685,000,
	 
	 	 	 	 
	(304)

	 	Bonds of 1993 Series IP
	 	— Principal Amount $5,825,000,
	 
	 	 	 	 
	(305)

	 	Bonds of 1994 Series AP
	 	— Principal Amount $7,535,000,
	 
	 	 	 	 
	(306)

	 	Bonds of 1994 Series BP
	 	— Principal Amount $12,935,000,
	 
	 	 	 	 
	(307)

	 	Bonds of 1994 Series DP
	 	— Principal Amount $23,700,000,
	 
	 	 	 	 
	(308)

	 	Bonds of 1994 Series C
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(309)

	 	Bonds of 2000 Series A
	 	— Principal Amount $220,000,000,
	 
	 	 	 	 
	(310)

	 	Bonds of 2005 Series A
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(311)

	 	Bonds of 1995 Series AP
	 	— Principal Amount $97,000,000,
	 
	 	 	 	 
	(312)

	 	Bonds of 1995 Series BP
	 	— Principal Amount $22,175,000,
	 
	 	 	 	 
	(313)

	 	Bonds of 2001 Series D
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(314)

	 	Bonds of 2005 Series B
	 	— Principal Amount $200,000,000,
	 
	 	 	 	 
	(315)

	 	Bonds of 2006 Series CT
	 	— Principal Amount $68,500,000,
	 
	 	 	 	 
	(316)

	 	Bonds of 2005 Series DT
	 	— Principal Amount $119,175,000,
	 
	 	 	 	 
	(317)

	 	Bonds of 1991 Series AP
	 	— Principal Amount $32,375,000,
	 
	 	 	 	 
	(318)

	 	Bonds of 2008 Series DT
	 	— Principal Amount $68,500,000, and

7

 

	 	 	 	 	 

	(319)

	 	Bonds of 1993 Series AP
	 	— Principal Amount $65,000,000,

	 	 	 

	 

	 	all of which have either been retired and cancelled, or no longer
represent obligations of the Company, having matured or having been
called for redemption and funds necessary to effect the payment,
redemption and retirement thereof having been deposited with the
Trustee as a special trust fund to be applied for such purpose;
	 
	 	 
	(320)

	 	Bonds of 1990 Series B in the principal amount of Two hundred fifty-six
million nine hundred thirty-two thousand dollars ($256,932,000) of
which One hundred ninety-nine million eight hundred thirty-six thousand
dollars ($199,836,000) principal amount have heretofore been retired;
	 
	 	 
	(321)

	 	Bonds of 1990 Series C in the principal amount of Eighty-five million
four hundred seventy-five thousand dollars ($85,475,000) of which
Seventy-one million seven hundred ninety-nine thousand dollars
($71,799,000) principal amount have heretofore been retired;
	 
	 	 
	(322)

	 	INTENTIONALLY RESERVED FOR 1990 SERIES E;
	 
	 	 
	(323)

	 	INTENTIONALLY RESERVED FOR 1990 SERIES F;
	 
	 	 
	(324)

	 	Bonds of 1991 Series BP in the principal amount of Twenty-five million
nine hundred ten thousand dollars ($25,910,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(325)

	 	Bonds of 1991 Series CP in the principal amount of Thirty-two million
eight hundred thousand dollars ($32,800,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(326)

	 	Bonds of 1991 Series DP in the principal amount of Thirty-seven million
six hundred thousand dollars ($37,600,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(327)

	 	Bonds of 1992 Series AP in the principal amount of Sixty-six million
dollars ($66,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	(328)

	 	Bonds of 1999 Series AP in the principal amount of One hundred eighteen
million three hundred sixty thousand dollars ($118,360,000), all of
which are outstanding at the date hereof;
	 
	 	 
	(329)

	 	Bonds of 1999 Series BP in the principal amount of Thirty-nine million
seven hundred forty-five thousand dollars ($39,745,000), all of which
are outstanding of the date hereof;
	 
	 	 
	(330)

	 	Bonds of 1999 Series CP in the principal amount of Sixty-six million
five hundred sixty-five thousand dollars ($66,565,000), all of which
are outstanding at the date hereof;
	 
	 	 
	(331)

	 	Bonds of 2000 Series B in the principal amount of Fifty million seven
hundred forty-five thousand dollars ($50,745,000), all of which are
outstanding at the date hereof;

8

 

	 	 	 

	(332)

	 	Bonds of 2001 Series AP in the principal amount of Thirty-one million
($31,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	(333)

	 	Bonds of 2001 Series BP in the principal amount of Eighty-two million
three hundred fifty thousand ($82,350,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(334)

	 	Bonds of 2001 Series CP in the principal amount of One hundred
thirty-nine million eight hundred fifty-five thousand dollars
($139,855,000), all of which are outstanding at the date hereof;
	 
	 	 
	(335)

	 	Bonds of 2001 Series E in the principal amount of Five hundred million
dollars ($500,000,000), all of which are outstanding at the date
hereof;
	 
	 	 
	(336)

	 	Bonds of 2002 Series A in the principal amount of Two hundred
twenty-five million dollars ($225,000,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(337)

	 	Bonds of 2002 Series B in the principal amount of Two hundred
twenty-five million dollars ($225,000,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(338)

	 	Bonds of 2002 Series C in the principal amount of Sixty-four million
three hundred thousand dollars ($64,300,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(339)

	 	Bonds of 2002 Series D in the principal amount of Fifty-five million
nine hundred seventy-five thousand dollars ($55,975,000), all of which
are outstanding at the date hereof;
	 
	 	 
	(340)

	 	Bonds of 2003 Series A in the principal amount of Forty-nine million
dollars ($49,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	(341)

	 	Bonds of 2004 Series A in the principal amount of Thirty-six million
dollars ($36,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	(342)

	 	Bonds of 2004 Series B in the principal amount of Thirty-one million
nine hundred eighty thousand dollars ($31,980,000), all of which are
outstanding at the date hereof;
	 
	 	 
	(343)

	 	Bonds of 2004 Series D in the principal amount of Two hundred million
dollars ($200,000,000), all of which are outstanding at the date
hereof;
	 
	 	 
	(344)

	 	Bonds of 2005 Series AR in the principal amount of Two hundred million
dollars ($200,000,000), all of which are outstanding at the date
hereof;
	 
	 	 
	(345)

	 	Bonds of 2005 Series BR in the principal amount of Two hundred million
dollars ($200,000,000), all of which are outstanding at the date
hereof;
	 
	 	 
	(346)

	 	Bonds of 2005 Series C in the principal amount of One hundred million
dollars ($100,000,000), all of which are outstanding at the date
hereof;
	 
	 	 
	(347)

	 	Bonds of 2005 Series E in the principal amount of Two hundred fifty
million dollars ($250,000,000), all of which are outstanding at the
date hereof;
	 
	 	 
	(348)

	 	Bonds of 2006 Series A in the principal amount of Two hundred fifty
million

9

 

	 	 	 

	 

	 	dollars ($250,000,000), all of which are outstanding at the
date hereof;
	 
	 	 
	(349)

	 	Bonds of 2007 Series A in the principal amount of Fifty million dollars
($50,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	(350)

	 	Bonds of 2008 Series ET in the principal amount of One hundred
nineteen million one hundred seventy-five thousand dollars
($119,175,000), all of which are outstanding at the date hereof;
	 
	 	 
	(351)

	 	Bonds of 2008 Series G in the principal amount of Three hundred million
dollars ($300,000,000), all of which are outstanding at the date
hereof;
	 
	 	 
	(352)

	 	Bonds of 2008 Series KT in the principal amount of Thirty-two million
three hundred seventy-five thousand dollars ($32,375,000), all of which
are outstanding at the date hereof;
	 
	 	 
	(353)

	 	Bonds of 2008 Series J in the principal amount of Two hundred fifty
million dollars ($250,000,000), all of which are outstanding at the
date hereof;
	 
	 	 
	(354)

	 	Bonds of 2008 Series LT in the principal amount of Fifty million
dollars ($50,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	(355)

	 	Bonds of 2009 Series BT in the principal amount of Sixty-eight million
five hundred thousand dollars ($68,500,000), all of which are
outstanding at the date hereof; and
	 
	 	 
	(356)

	 	Bonds of 2009 Series CT in the principal amount of Sixty-five million
dollars ($65,000,000), all of which are outstanding at the date hereof;
	 
	 	 
	 

	 	accordingly, the Company has issued and has presently outstanding Four
billion eighty-four million seven thousand dollars ($4,084,007,000)
aggregate principal amount of its General and Refunding Mortgage Bonds
(the “Bonds”) at the date hereof.

	 	 	 

	REASON FOR CREATION OF NEW
SERIES.

	 	WHEREAS, the Company intends to issue a series of Notes under the Note
Indenture herein referred to, and, pursuant to the Note Indenture, the
Company has agreed to issue its General and Refunding Mortgage Bonds
under the Indenture in order further to secure its obligations with
respect to such Notes; and
	 
	 	 
	BONDS TO BE 2010 SERIES B.

	 	WHEREAS, for such purpose the Company desires by this Supplemental
Indenture to create a new series of bonds, to be designated “General
and Refunding Mortgage Bonds, 2010 Series B,” in the aggregate
principal amount of Three hundred million dollars ($300,000,000), to be
authenticated and delivered pursuant to Section 8 of Article III of the
Indenture; and
	 
	 	 
	FURTHER ASSURANCE.

	 	WHEREAS, the Original Indenture, by its terms, includes in the property
subject to the lien thereof all of the estates and properties, real,
personal and mixed, rights, privileges and franchises of every nature
and kind and wheresoever situate, then or thereafter owned or possessed
by or belonging to the Company or to which it was then or at any time
thereafter might be entitled in law or in equity (saving and excepting,
however, the property therein specifically excepted or released from
the lien thereof), and the Company

10

 

	 	 	 

	 

	 	therein covenanted that it would,
upon reasonable request, execute and deliver such further instruments
as may be necessary or proper for the better assuring and confirming
unto the Trustee all or any part of the trust estate, whether then or
thereafter owned or acquired by the Company (saving and excepting,
however, property specifically excepted or released from the lien
thereof); and
	 
	 	 
	AUTHORIZATION OF SUPPLEMENTAL
INDENTURE.

	 	WHEREAS, the Company in the exercise of the powers and authority
conferred upon and reserved to it under and by virtue of the provisions
of the Indenture, and pursuant to resolutions of its Board of
Directors, has duly resolved and determined to make, execute and
deliver to the Trustee a supplemental indenture in the form hereof for
the purposes herein provided; and
	 
	 	 
	 

	 	WHEREAS, all conditions and requirements necessary to make this
Supplemental Indenture a valid and legally binding instrument in
accordance with its terms have been done, performed and fulfilled, and
the execution and delivery hereof have been in all respects duly
authorized;
	 
	 	 
	CONSIDERATION FOR SUPPLEMENTAL
INDENTURE.

	 	NOW, THEREFORE, THIS INDENTURE WITNESSETH: That The Detroit Edison
Company, in consideration of the premises and of the covenants
contained in the Indenture and of the sum of One Dollar ($1.00) and
other good and valuable consideration to it duly paid by the Trustee at
or before the ensealing and delivery of these presents, the receipt
whereof is hereby acknowledged, hereby covenants and agrees to and with
the Trustee and its successors in the trusts under the Original
Indenture and in said indentures supplemental thereto as follows:

	 	 	 

	 

	 	PART I.
	 
	 	 
	 

	 	CREATION OF THREE HUNDRED FIFTY-SEVENTH
	 

	 	SERIES OF BONDS,
	 

	 	GENERAL AND REFUNDING MORTGAGE BONDS,
	 

	 	2010 SERIES B
	 
	 	 
	TERMS OF BONDS OF
2010 SERIES B.

	 	SECTION 1. The Company hereby creates the three hundred
fifty-seventh series of bonds to be issued under and
secured by the Original Indenture as amended to date and
as further amended by this Supplemental Indenture, to be
designated, and to be distinguished from the bonds of
all other series, by the title “General and Refunding
Mortgage Bonds, 2010 Series B” (elsewhere herein
referred to as the “bonds of 2010 Series B”). The
aggregate principal amount of bonds of 2010 Series B
shall be limited to Three hundred million dollars
($300,000,000), except as provided in Sections 7 and 13
of Article II of the Original Indenture with respect to
exchanges and replacements of bonds, and except further
that the Company may, without the consent of any holder
of the bonds of 2010 Series B, “reopen” the bonds of
2010 Series B so as to increase the aggregate principal
amount outstanding to equal the aggregate principal
amount of Notes (as defined below) outstanding upon a
“reopening” of the series, so long as any additional
bonds of 2010 Series B have the same tenor and terms as
the bonds of 2010 Series B established hereby.
	 
	 	 
	 

	 	Subject to the release provisions set forth below, each
bond of 2010 Series B is to be irrevocably assigned to,
and registered in the name of, The Bank of New York
Mellon Trust Company, N.A., as trustee, or a successor
trustee (said

11

 

	 	 	 

	 

	 	trustee or any successor trustee being
hereinafter referred to as the “Note Indenture
Trustee”), under the collateral trust indenture, dated
as of June 30, 1993, as supplemented (the “Note
Indenture”), between the Note Indenture Trustee and the
Company, to secure payment of the Company’s 2010 Series
B 3.45% Senior Notes due 2020 (for purposes of this Part
I, the “Notes”).
	 
	 	 
	 

	 	The bonds of 2010 Series B shall be issued as registered
bonds without coupons in denominations of a multiple of
$1,000. The bonds of 2010 Series B shall be issued in
the aggregate principal amount of $300,000,000, shall
mature on October 1, 2020 (subject to earlier redemption
or release) and shall bear interest at the rate of 3.45%
per annum, payable semi-annually in arrears on April 1
and October 1 of each year (commencing April 1, 2011),
until the principal thereof shall have become due and
payable and thereafter until the Company’s obligation
with respect to the payment of said principal shall have
been discharged as provided in the Indenture. In
addition to the payment of principal and interest as
provided herein, in the event any premium shall be
required to be paid by the Company on the Notes, there
shall be due and payable on the bonds of 2010 Series B
an additional amount equal to such premium which shall
be paid by the Company in the amounts and on the dates
required for the payment of any such amounts under the
Note Indenture.
	 
	 	 
	 

	 	The bonds of 2010 Series B shall be payable as to
principal, premium, if any, and interest as provided in
the Indenture, but only to the extent and in the manner
herein provided. The bonds of 2010 Series B shall be
payable, as to principal, premium, if any, and interest,
at the office or agency of the Company in the Borough of
Manhattan, the City and State of New York, in any coin
or currency of the United States of America which at the
time of payment is legal tender for public and private
debts.
	 
	 	 
	 

	 	Except as provided herein, each bond of 2010 Series B
shall be dated the date of its authentication and
interest shall be payable on the principal represented
thereby from the April 1 or October 1 next preceding the
date to which interest has been paid on bonds of 2010
Series B, unless the bond is authenticated on a date to
which interest has been paid, in which case interest
shall be payable from the date of authentication, or
unless the date of authentication is prior to April 1,
2011, in which case interest shall be payable from
August 19, 2010.
	 
	 	 
	 

	 	The bonds of 2010 Series B in definitive form shall be,
at the election of the Company, fully engraved or shall
be lithographed or printed in authorized denominations
as aforesaid and numbered R-1 and upwards (with such
further designation as may be appropriate and desirable
to indicate by such designation the form, series and
denomination of bonds of 2010 Series B). Until bonds of
2010 Series B in definitive form are ready for delivery,
the Company may execute, and upon its request in writing
the Trustee shall authenticate and deliver in lieu
thereof, bonds of 2010 Series B in temporary form, as
provided in Section 10 of Article II of the Indenture.
Temporary bonds of 2010 Series B, if any, may be printed
and may be issued in authorized denominations in
substantially the form of definitive bonds of 2010
Series B, but without a recital of redemption prices and
with such omissions, insertions and variations as may be
appropriate for temporary bonds, all as may be
determined by the Company.
	 
	 	 
	 

	 	Interest on any bond of 2010 Series B that is payable on
any interest payment date and is punctually paid or duly
provided for shall be paid to the person in

12

 

	 	 	 

	 

	 	whose name that bond, or any previous bond to the extent evidencing the same
debt as that evidenced by that bond, is registered at the close of business on the
regular record date for such interest, which regular record date shall be the
fifteenth calendar day (whether or not a business day) next preceding such interest
payment date. If the Company shall default in the payment of the interest due on
any interest payment date on the principal represented by any bond of 2010 Series B,
such defaulted interest shall forthwith cease to be payable to the registered holder
of that bond on the relevant regular record date by virtue of his having been such
holder, and such defaulted interest may be paid to the registered holder of that
bond (or any bond or bonds of 2010 Series B issued upon transfer or exchange
thereof) on the date of payment of such defaulted interest or, at the election of
the Company, to the person in whose name that bond (or any bond or bonds of 2010
Series B issued upon transfer or exchange thereof) is registered on a subsequent
record date established by notice given by mail by or on behalf of the Company to
the holders of bonds of 2010 Series B not less than ten (10) days preceding such
subsequent record date, which subsequent record date shall be at least five (5) days
prior to the payment date of such defaulted interest.
	 
	 	 
	 

	 	Bonds of 2010 Series B shall not be assignable or transferable except as may be set
forth under Section 405 of the Note Indenture or in the supplemental note indenture
relating to the Notes, or, subject to compliance with applicable law, as may be
involved in the course of the exercise of rights and remedies consequent upon an
Event of Default under the Note Indenture. Any such transfer shall be made upon
surrender thereof for cancellation at the office or agency of the Company in the
Borough of Manhattan, the City and State of New York, together with a written
instrument of transfer (if so required by the Company or by the Trustee) in form
approved by the Company duly executed by the holder or by its duly authorized
attorney. Bonds of 2010 Series B shall in the same manner be exchangeable for a
like aggregate principal amount of bonds of 2010 Series B upon the terms and
conditions specified herein and in Section 7 of Article II of the Indenture. The
Company waives its rights under Section 7 of Article II of the Indenture not to make
exchanges or transfers of bonds of 2010 Series B during any period of ten (10) days
next preceding any redemption date for such bonds.
	 
	 	 
	 

	 	Bonds of 2010 Series B, in definitive and temporary form, may bear such legends as
may be necessary to comply with any law or with any rules or regulations made
pursuant thereto or as may be specified in the Note Indenture.
	 
	 	 
	 

	 	Upon payment of the principal or premium, if any, or interest on the Notes, whether
at maturity or prior to maturity by redemption or otherwise, or upon provision for
the payment thereof having been made in accordance with Article V of the Note
Indenture, bonds of 2010 Series B in a principal amount equal to the principal
amount of such Notes, shall, to the extent of such payment of principal, premium or
interest, be deemed fully paid and the obligation of the Company thereunder to make
such payment shall forthwith cease and be discharged, and, in the case of the
payment of principal and premium, if any, such bonds shall be surrendered for
cancellation or presented for appropriate notation to the Trustee.
	 
	 	 
	RELEASE.

	 	SECTION 2. From and after the Release Date (as defined in the Note Indenture) and
provided that Substitute Mortgage Bonds have been delivered

13

 

	 	 	 

	 

	 	in accordance with the
Note Indenture, the bonds of 2010 Series B shall be deemed fully paid, satisfied and
discharged and the obligation of the Company thereunder shall be terminated. On the
Release Date, subject to compliance with the provisions of the Note Indenture
relating to the delivery of Substitute Mortgage Bonds, the bonds of 2010 Series B
shall be surrendered to and canceled by the Trustee. The Company covenants and
agrees that, prior to the Release Date, it will not take any action that would cause
the outstanding principal amount of the bonds of 2010 Series B to be less than the
then-outstanding principal amount of the Notes.
	 
	 	 
	REDEMPTION OF BONDS
OF 2010 SERIES B.

	 	SECTION 3. Bonds of 2010 Series B shall be redeemed on the respective dates and in
the respective principal amounts which correspond to the redemption dates for, and
the principal amounts to be redeemed of, the Notes.
	 
	 	 
	 

	 	In the event the Company elects to redeem any Notes prior to maturity in accordance
with the provisions of the Note Indenture, the Company shall give the Trustee notice
of redemption of bonds of 2010 Series B on the same date as it gives notice of
redemption of Notes to the Note Indenture Trustee.
	 
	 	 
	REDEMPTION OF BONDS
OF 2010 SERIES B IN
EVENT OF
ACCELERATION OF
NOTES.

	 	SECTION 4. In the event of an Event of Default under the Note Indenture and the
acceleration of all Notes, the bonds of 2010 Series B shall be redeemable in whole
upon receipt by the Trustee of a written demand (hereinafter called a “Redemption
Demand”) from the Note Indenture Trustee stating that there has occurred under the
Note Indenture both an Event of Default and a declaration of acceleration of payment
of principal, accrued interest and premium, if any, on the Notes, specifying the
last date to which interest on the Notes has been paid (such date being hereinafter
referred to as the “Initial Interest Accrual Date”) and demanding redemption of the
bonds of said series. The Trustee shall, within five (5) days after receiving such
Redemption Demand, mail a copy thereof to the Company marked to indicate the date of
its receipt by the Trustee. Promptly upon receipt by the Company of such copy of a
Redemption Demand, the Company shall fix a date on which it will redeem the bonds of
said series so demanded to be redeemed (hereinafter called the “Demand Redemption
Date”). Notice of the date fixed as the Demand Redemption Date shall be mailed by
the Company to the Trustee at least ten (10) days prior to such Demand Redemption
Date. The date to be fixed by the Company as and for the Demand Redemption Date may
be any date up to and including the earlier of (x) the 60th day after receipt by the
Trustee of the Redemption Demand or (y) the maturity date of such bonds first
occurring following the 20th day after the receipt by the Trustee of the Redemption
Demand; provided, however, that if the Trustee shall not have received such notice
fixing the Demand Redemption Date on or before the 10th day preceding the earlier of
such dates, the Demand Redemption Date shall be deemed to be the earlier of such
dates. The Trustee shall mail notice of the Demand Redemption Date (such notice
being hereinafter called the “Demand Redemption Notice”) to the Note Indenture
Trustee not more than ten (10) nor less than five (5) days prior to the Demand
Redemption Date.
	 
	 	 
	 

	 	Each bond of 2010 Series B shall be redeemed by the Company on the Demand Redemption
Date therefor upon surrender thereof by the Note Indenture Trustee to the Trustee at
a redemption price equal to the principal amount thereof plus accrued interest
thereon at the rate specified for such bond from the Initial Interest Accrual Date
to the Demand Redemption Date plus an amount equal to the aggregate premium, if any,
due and payable on such

14

 

	 	 	 

	 

	 	Demand Redemption Date on all Notes; provided, however, that
in the event of a receipt by the Trustee of a notice that, pursuant to Section 602
of the Note Indenture, the Note Indenture Trustee has terminated proceedings to
enforce any right under the Note Indenture, then any Redemption Demand shall thereby
be rescinded by the Note Indenture Trustee, and no Demand Redemption Notice shall be
given, or, if already given, shall be automatically annulled; but no such rescission
or annulment shall extend to or affect any subsequent default or impair any right
consequent thereon.
	 
	 	 
	 

	 	Anything herein contained to the contrary notwithstanding, the Trustee is not
authorized to take any action pursuant to a Redemption Demand and such Redemption
Demand shall be of no force or effect, unless it is executed in the name of the Note
Indenture Trustee by its President or one of its Vice Presidents.
	 
	 	 
	FORM 

OF BONDS OF

	 	SECTION 5. The bonds of 2010 Series B and the form of Trustee’s Certificate to be
endorsed on such bonds shall be substantially in the following forms, respectively:
	2010 SERIES B.
	 	 

THE DETROIT EDISON COMPANY

GENERAL AND REFUNDING MORTGAGE BOND

2010 SERIES B

	 	 	 

	 

	 	Notwithstanding any provisions hereof or in the Indenture, this bond is not
assignable or transferable except as may be required to effect a transfer to any
successor trustee under the Collateral Trust Indenture, dated as of June 30, 1993,
as amended, and as further supplemented as of August 1, 2010, between The Detroit
Edison Company and The Bank of New York Mellon Trust Company, N.A., as Note
Indenture Trustee, or, subject to compliance with applicable law, as may be involved
in the course of the exercise of rights and remedies consequent upon an Event of
Default under said Indenture.

			
	 	 	 
	$______________
	 	No. R-___

	 	 	 

	 

	 	THE DETROIT EDISON COMPANY (hereinafter called the “Company”), a corporation of the
State of Michigan, for value received, hereby promises to pay to The Bank of New
York Mellon Trust Company, N.A., as Note Indenture Trustee, or registered assigns,
at the Company’s office or agency in the Borough of Manhattan, the City and State of
New York, the principal sum of _________________________ Dollars ($__________) in
lawful money of the United States of America on October 1, 2020 (subject to earlier
redemption or release) and interest thereon at the rate of 3.45% per annum, in like
lawful money, from August 19, 2010, and after the first payment of interest on bonds
of this Series has been made or otherwise provided for, from the most recent date to
which interest has been paid or otherwise provided for, semi-annually on April 1 and
October 1 of each year (commencing April 1, 2011), until the Company’s obligation
with respect to payment of said principal shall have been discharged, all as
provided, to the extent and in the manner specified in the Indenture hereinafter
mentioned and in the supplemental indenture pursuant to which this bond has been
issued. In addition to the payment of principal and interest as provided herein, in
the event any premium shall be required to be paid by the Company on the Notes
hereinafter referred to, there shall be due and payable on the bonds of this Series
an additional amount equal to such premium which shall be paid by the Company in the
amounts

15

 

	 	 	 

	 

	 	and on the dates required for the payment of any such amounts under the Note
Indenture.
	 
	 	 
	 

	 	Under a Collateral Trust Indenture, dated as of June 30, 1993, as amended and as
further supplemented as of August 1, 2010 (hereinafter called the “Note Indenture”),
between the Company and The Bank of New York Mellon Trust Company, N.A., as
successor trustee (hereinafter called the “Note Indenture Trustee”), the Company has
issued its 2010 Series B 3.45% Senior Notes due 2020 (the “Notes”). This bond was
originally issued to the Note Indenture Trustee so as to secure the payment of the
Notes. Payments of principal of, or premium, if any, or interest on, the Notes
shall constitute like payments on this bond as further provided herein and in the
supplemental indenture pursuant to which this bond has been issued.
	 
	 	 
	 

	 	This bond is one of an authorized issue of bonds of the Company, unlimited as to
amount except as provided in the Indenture hereinafter mentioned or any indentures
supplemental thereto, and is one of a series of General and Refunding Mortgage Bonds
known as 2010 Series B, limited to an aggregate principal amount of $300,000,000,
except as otherwise provided in the Indenture hereinafter mentioned. This bond and
all other bonds of said series are issued and to be issued under, and are all
equally and ratably secured (except insofar as any sinking, amortization,
improvement or analogous fund, established in accordance with the provisions of the
Indenture hereinafter mentioned, may afford additional security for the bonds of any
particular series and except as provided in Section 3 of Article VI of said
Indenture) by an Indenture, dated as of October 1, 1924, duly executed by the
Company to The Bank of New York Mellon Trust Company, N.A., as successor Trustee, to
which Indenture and all indentures supplemental thereto (including the Supplemental
Indenture dated as of August 1, 2010) reference is hereby made for a description of
the properties and franchises mortgaged and conveyed, the nature and extent of the
security, the terms and conditions upon which the bonds are issued and under which
additional bonds may be issued, and the rights of the holders of the bonds and of
the Trustee in respect of such security (which Indenture and all indentures
supplemental thereto, including the Supplemental Indenture dated as of August 1,
2010, are hereinafter collectively called the “Indenture”). As provided in the
Indenture, said bonds may be for various principal sums and are issuable in series,
which may mature at different times, may bear interest at different rates and may
otherwise vary as in said Indenture provided. With the consent of the Company and
to the extent permitted by and as provided in the Indenture, the rights and
obligations of the Company and of the holders of the bonds and the terms and
provisions of the Indenture, or of any indenture supplemental thereto, may be
modified or altered in certain respects by affirmative vote of at least eighty-five
percent (85%) in amount of the bonds then outstanding, and, if the rights of one or
more, but less than all, series of bonds then outstanding are to be affected by the
action proposed to be taken, then also by affirmative vote of at least eighty-five
percent (85%) in amount of the series of bonds so to be affected (excluding in every
instance bonds disqualified from voting by reason of the Company’s interest therein
as specified in the Indenture); provided, however, that, without the consent of the
holder hereof, no such modification or alteration shall, among other things, affect
the terms of payment of the principal of or the interest on this bond, which in
those respects is unconditional.

16

 

	 	 	 

	 

	 	This bond is redeemable prior to the Release Date upon the terms and conditions set
forth in the Indenture, including provision for redemption upon demand of the Note
Indenture Trustee following the occurrence of an Event of Default under the Note
Indenture and the acceleration of the principal of the Notes.
	 
	 	 
	 

	 	Under the Indenture, funds may be deposited with the Trustee (which shall have
become available for payment), in advance of the redemption date of any of the bonds
of 2010 Series B (or portions thereof), in trust for the redemption of such bonds
(or portions thereof) and the interest due or to become due thereon, and thereupon
all obligations of the Company in respect of such bonds (or portions thereof) so to
be redeemed and such interest shall cease and be discharged, and the holders thereof
shall thereafter be restricted exclusively to such funds for any and all claims of
whatsoever nature on their part under the Indenture or with respect to such bonds
(or portions thereof) and interest.
	 
	 	 
	 

	 	In case an event of default, as defined in the Indenture, shall occur, the principal
of all the bonds issued thereunder may become or be declared due and payable, in the
manner, with the effect and subject to the conditions provided in the Indenture.
	 
	 	 
	 

	 	Upon payment of the principal of, or premium, if any, or interest on, the Notes,
whether at maturity or prior to maturity by redemption or otherwise or upon
provision for the payment thereof having been made in accordance with Article V of
the Note Indenture, bonds of 2010 Series B in a principal amount equal to the
principal amount of such Notes, and having both a corresponding maturity date and
interest rate shall, to the extent of such payment of principal, premium or
interest, be deemed fully paid and the obligation of the Company thereunder to make
such payment shall forthwith cease and be discharged, and, in the case of the
payment of principal and premium, if any, such bonds of said series shall be
surrendered for cancellation or presented for appropriate notation to the Trustee.
	 
	 	 
	 

	 	This bond is not assignable or transferable except as set forth under Section 405 of
the Note Indenture or in the supplemental indenture relating to the Notes, or,
subject to compliance with applicable law, as may be involved in the course of the
exercise of rights and remedies consequent upon an Event of Default under the Note
Indenture. Any such transfer shall be made by the registered holder hereof, in
person or by his attorney duly authorized in writing, on the books of the Company
kept at its office or agency in the Borough of Manhattan, the City and State of New
York, upon surrender and cancellation of this bond, and thereupon, a new registered
bond of the same series of authorized denominations for a like aggregate principal
amount will be issued to the transferee in exchange therefor, and this bond with
others in like form may in like manner be exchanged for one or more new bonds of the
same series of other authorized denominations, but of the same aggregate principal
amount, all as provided and upon the terms and conditions set forth in the
Indenture, and upon payment, in any event, of the charges prescribed in the
Indenture.
	 
	 	 
	 

	 	From and after the Release Date (as defined in the Note Indenture) and provided that
Substitute Mortgage Bonds (as defined in the Note Indenture) have been delivered in
accordance with the Note Indenture, the bonds of 2010 Series B shall be deemed fully
paid, satisfied and discharged and the obligation

17

 

	 	 	 

	 

	 	of the Company thereunder shall be
terminated. On the Release Date, subject to compliance with the provisions of the
Note Indenture relating to the delivery of Substitute Mortgage Bonds, the bonds of
2010 Series B shall be surrendered to and cancelled by the Trustee. The Company
covenants and agrees that, prior to the Release Date, it will not take any action
that would cause the outstanding principal amount of the bonds of 2010 Series B to
be less than the then-outstanding principal amount of the Notes.
	 
	 	 
	 

	 	No recourse shall be had for the payment of the principal of or the interest on this
bond, or for any claim based hereon or otherwise in respect hereof or of the
Indenture, or of any indenture supplemental thereto, against any incorporator, or
against any past, present or future stockholder, director or officer, as such, of
the Company, or of any predecessor or successor corporation, either directly or
through the Company or any such predecessor or successor corporation, whether for
amounts unpaid on stock subscriptions or by virtue of any constitution, statute or
rule of law, or by the enforcement of any assessment or penalty or otherwise
howsoever; all such liability being, by the acceptance hereof and as part of the
consideration for the issue hereof, expressly waived and released by every holder or
owner hereof, as more fully provided in the Indenture.
	 
	 	 
	 

	 	This bond shall not be valid or become obligatory for any purpose until The Bank of
New York Mellon Trust Company, N.A., the Trustee under the Indenture, or its
successor thereunder, shall have signed the form of certificate endorsed hereon.
	 
	 	 
	 

	 	IN WITNESS WHEREOF, THE DETROIT EDISON COMPANY has caused this instrument to be
executed by an authorized officer, with his or her manual or facsimile signatures,
and its corporate seal, or a facsimile thereof, to be impressed or imprinted hereon
and the same to be attested by its Corporate Secretary or Assistant Corporate
Secretary by manual or facsimile signature.
	 
	 	 
	 

	 	Dated: _____________

	 	 	 	 	 
	 	THE DETROIT EDISON COMPANY

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

	 	 	 	 	 
	 	[Corporate Seal]

Attest:

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

18

 

[FORM OF TRUSTEE’S CERTIFICATE]

	 	 	 

	FORM OF TRUSTEE’S
CERTIFICATE.

	 	This bond is one of the bonds, of the series designated therein, described in the
within-mentioned Indenture.

	 	 	 	 	 
	 	THE BANK OF NEW YORK MELLON 

TRUST COMPANY, N.A., as Trustee

 	 
	 	By:  	 	 
	 	 	Authorized Representative 	 
	 	 	 	 
	 

PART II.

RECORDING AND FILING DATA

	 	 	 

	RECORDING AND FILING OF ORIGINAL
INDENTURE.

	 	The Original Indenture and indentures
supplemental thereto have been
recorded and/or filed and Certificates
of Provision for Payment have been
recorded as hereinafter set forth.
	 
	 	 
	 

	 	The Original Indenture has been
recorded as a real estate mortgage and
filed as a chattel Mortgage in the
offices of the respective Registers of
Deeds of certain counties in the State
of Michigan as set forth in the
Supplemental Indenture dated as of
September 1, 1947, has been recorded
as a real estate mortgage in the
office of the Register of Deeds of
Genesee County, Michigan as set forth
in the Supplemental Indenture dated as
of May 1, 1974, has been filed in the
Office of the Secretary of State of
Michigan on November 16, 1951 and has
been filed and recorded in the office
of the Interstate Commerce Commission
on December 8, 1969.
	 
	 	 
	RECORDING AND FILING OF
SUPPLEMENTAL INDENTURES.

	 	Pursuant to the terms and provisions
of the Original Indenture, indentures
supplemental thereto heretofore
entered into have been Recorded as a
real estate mortgage and/or filed as a
chattel mortgage or as a financing
statement in the offices of the
respective Registers of Deeds of
certain counties in the State of
Michigan, the Office of the Secretary
of State of Michigan and the Office of
the Interstate Commerce Commission or
the Surface Transportation Board, as
set forth in supplemental indentures
as follows:

	 	 	 	 	 
	 	 	 	 	Recorded and/or Filed
	 	 	 	 	as Set Forth in
	Supplemental Indenture	 	Purpose of Supplemental	 	Supplemental
	Dated as of	 	Indenture	 	Indenture Dated as of
	June 1, 1925(a)(b)

	 	Series B Bonds
	 	February 1, 1940
	 
	 	 	 	 
	August 1, 1927(a)(b)

	 	Series C Bonds
	 	February 1, 1940
	 
	 	 	 	 
	February 1, 1931(a)(b)

	 	Series D Bonds
	 	February 1, 1940
	 
	 	 	 	 
	June 1, 1931(a)(b)

	 	Subject Properties
	 	February 1, 1940
	 
	 	 	 	 
	October 1, 1932(a)(b)

	 	Series E Bonds
	 	February 1, 1940
	 
	 	 	 	 
	September 25, 1935(a)(b)

	 	Series F Bonds
	 	February 1, 1940
	 
	 	 	 	 
	September 1, 1936(a)(b)

	 	Series G Bonds
	 	February 1, 1940
	 
	 	 	 	 
	November 1, 1936(a)(b)

	 	Subject Properties
	 	February 1, 1940
	 
	 	 	 	 
	February 1, 1940(a)(b)

	 	Subject Properties
	 	September 1, 1947

19

 

	 	 	 	 	 
	 	 	 	 	Recorded and/or Filed
	 	 	 	 	as Set Forth in
	Supplemental Indenture	 	Purpose of Supplemental	 	Supplemental
	Dated as of	 	Indenture	 	Indenture Dated as of
	 
	 	 	 	 
	December 1, 1940(a)(b)

	 	Series H Bonds and
Additional Provisions
	 	September 1, 1947
	 
	 	 	 	 
	September 1, 1947(a)(b)(c)

	 	Series I Bonds, Subject
Properties and Additional
Provisions
	 	November 15, 1951
	 
	 	 	 	 
	March 1, 1950(a)(b)(c)

	 	Series J Bonds and
Additional Provisions
	 	November 15, 1951
	 
	 	 	 	 
	November 15, 1951(a)(b)(c)

	 	Series K Bonds, Additional
Provisions and Subject
Properties
	 	January 15, 1953
	 
	 	 	 	 
	January 15, 1953(a)(b)

	 	Series L Bonds
	 	May 1, 1953
	 
	 	 	 	 
	May 1, 1953(a)

	 	Series M Bonds and Subject
Properties
	 	March 15, 1954
	 
	 	 	 	 
	March 15, 1954(a)(c)

	 	Series N Bonds and Subject
Properties
	 	May 15, 1955
	 
	 	 	 	 
	May 15, 1955(a)(c)

	 	Series O Bonds and Subject
Properties
	 	August 15, 1957
	 
	 	 	 	 
	August 15, 1957(a)(c)

	 	Series P Bonds, Additional
Provisions and Subject
Properties
	 	June 1, 1959
	 
	 	 	 	 
	June 1, 1959(a)(c)

	 	Series Q Bonds and Subject
Properties
	 	December 1, 1966
	 
	 	 	 	 
	December 1, 1966(a)(c)

	 	Series R Bonds, Additional
Provisions and Subject
Properties
	 	October 1, 1968
	 
	 	 	 	 
	October 1, 1968(a)(c)

	 	Series S Bonds and Subject
Properties
	 	December 1, 1969
	 
	 	 	 	 
	December 1, 1969(a)(c)

	 	Series T Bonds and Subject
Properties
	 	July 1, 1970
	 
	 	 	 	 
	July 1, 1970(c)

	 	Series U Bonds and Subject
Properties
	 	December 15, 1970
	 
	 	 	 	 
	December 15, 1970(c)

	 	Series V Bonds and Series
W Bonds
	 	June 15, 1971
	 
	 	 	 	 
	June 15, 1971(c)

	 	Series X Bonds and Subject
Properties
	 	November 15, 1971
	 
	 	 	 	 
	November 15, 1971(c)

	 	Series Y Bonds and Subject
Properties
	 	January 15, 1973
	 
	 	 	 	 
	January 15, 1973(c)

	 	Series Z Bonds and Subject
Properties
	 	May 1, 1974
	 
	 	 	 	 
	May 1, 1974

	 	Series AA Bonds and
Subject Properties
	 	October 1, 1974
	 
	 	 	 	 
	October 1, 1974

	 	Series BB Bonds and
Subject Properties
	 	January 15, 1975
	 
	 	 	 	 
	January 15, 1975

	 	Series CC Bonds and
Subject Properties
	 	November 1, 1975
	 
	 	 	 	 
	November 1, 1975

	 	Series DDP Nos. 1-9 Bonds
and Subject Properties
	 	December 15, 1975
	 
	 	 	 	 
	December 15, 1975

	 	Series EE Bonds and
Subject Properties
	 	February 1, 1976

20

 

	 	 	 	 	 
	 	 	 	 	Recorded and/or Filed
	 	 	 	 	as Set Forth in
	Supplemental Indenture	 	Purpose of Supplemental	 	Supplemental
	Dated as of	 	Indenture	 	Indenture Dated as of
	 
	 	 	 	 
	February 1, 1976

	 	Series FFR Nos. 1-13 Bonds
	 	June 15, 1976
	 
	 	 	 	 
	June 15, 1976

	 	Series GGP Nos. 1-7 Bonds
and Subject Properties
	 	July 15, 1976
	 
	 	 	 	 
	July 15, 1976

	 	Series HH Bonds and
Subject Properties
	 	February 15, 1977
	 
	 	 	 	 
	February 15, 1977

	 	Series MMP Bonds and
Subject Properties
	 	March 1, 1977
	 
	 	 	 	 
	March 1, 1977

	 	Series IIP Nos. 1-7 Bonds,
Series JJP Nos. 1-7 Bonds,
Series KKP Nos. 1-7 Bonds
and Series LLP Nos. 1-7
Bonds
	 	June 15, 1977
	 
	 	 	 	 
	June 15, 1977

	 	Series FFR No. 14 Bonds
and Subject Properties
	 	July 1, 1977
	 
	 	 	 	 
	July 1, 1977

	 	Series NNP Nos. 1-7 Bonds
and Subject Properties
	 	October 1, 1977
	 
	 	 	 	 
	October 1, 1977

	 	Series GGP Nos. 8-22 Bonds
and Series OOP Nos. 1-17
Bonds and Subject
Properties
	 	June 1, 1978
	 
	 	 	 	 
	June 1, 1978

	 	Series PP Bonds, Series
QQP Nos. 1-9 Bonds and
Subject Properties
	 	October 15, 1978
	 
	 	 	 	 
	October 15, 1978

	 	Series RR Bonds and
Subject Properties
	 	March 15, 1979
	 
	 	 	 	 
	March 15, 1979

	 	Series SS Bonds and
Subject Properties
	 	July 1, 1979
	 
	 	 	 	 
	July 1, 1979

	 	Series IIP Nos. 8-22
Bonds, Series NNP Nos.
8-21 Bonds and Series TTP
Nos. 1-15 Bonds and
Subject Properties
	 	September 1, 1979
	 
	 	 	 	 
	September 1, 1979

	 	Series JJP No. 8 Bonds,
Series KKP No. 8 Bonds,
Series LLP Nos. 8-15
Bonds, Series MMP No. 2
Bonds and Series OOP No.
18 Bonds and Subject
Properties
	 	September 15, 1979
	 
	 	 	 	 
	September 15, 1979

	 	Series UU Bonds
	 	January 1, 1980
	 
	 	 	 	 
	January 1, 1980

	 	1980 Series A Bonds and
Subject Properties
	 	April 1, 1980
	 
	 	 	 	 
	April 1, 1980

	 	1980 Series B Bonds
	 	August 15, 1980
	 
	 	 	 	 
	August 15, 1980

	 	Series QQP Nos. 10-19
Bonds, 1980 Series CP Nos.
1-12 Bonds and 1980 Series
DP No. 1-11 Bonds and
Subject Properties
	 	August 1, 1981
	 
	 	 	 	 
	August 1, 1981

	 	1980 Series CP Nos. 13-25
Bonds and Subject
Properties
	 	November 1, 1981
	 
	 	 	 	 
	November 1, 1981

	 	1981 Series AP Nos. 1-12
Bonds
	 	June 30, 1982
	 
	 	 	 	 
	June 30, 1982

	 	Article XIV Reconfirmation
	 	August 15, 1982

21

 

	 	 	 	 	 
	 	 	 	 	Recorded and/or Filed
	 	 	 	 	as Set Forth in
	Supplemental Indenture	 	Purpose of Supplemental	 	Supplemental
	Dated as of	 	Indenture	 	Indenture Dated as of
	 
	 	 	 	 
	August 15, 1982

	 	1981 Series AP Nos. 13-14
Bonds and Subject
Properties
	 	June 1, 1983
	 
	 	 	 	 
	June 1, 1983

	 	1981 Series AP Nos. 15-16
Bonds and Subject
Properties
	 	October 1, 1984
	 
	 	 	 	 
	October 1, 1984

	 	1984 Series AP Bonds and
1984 Series BP Bonds and
Subject Properties
	 	May 1, 1985
	 
	 	 	 	 
	May 1, 1985

	 	1985 Series A Bonds
	 	May 15, 1985
	 
	 	 	 	 
	May 15, 1985

	 	1985 Series B Bonds and
Subject Properties
	 	October 15, 1985
	 
	 	 	 	 
	October 15, 1985

	 	Series KKP No. 9 Bonds and
Subject Properties
	 	April 1, 1986
	 
	 	 	 	 
	April 1, 1986

	 	1986 Series A Bonds and
Subject Properties
	 	August 15, 1986
	 
	 	 	 	 
	August 15, 1986

	 	1986 Series B Bonds and
Subject Properties
	 	November 30, 1986
	 
	 	 	 	 
	November 30, 1986

	 	1986 Series C Bonds
	 	January 31, 1987
	 
	 	 	 	 
	January 31, 1987

	 	1987 Series A Bonds
	 	April 1, 1987
	 
	 	 	 	 
	April 1, 1987

	 	1987 Series B Bonds and
1987 Series C Bonds
	 	August 15, 1987
	 
	 	 	 	 
	August 15, 1987

	 	1987 Series D Bonds, 1987
Series E Bonds and Subject
Properties
	 	November 30, 1987
	 
	 	 	 	 
	November 30, 1987

	 	1987 Series F Bonds
	 	June 15, 1989
	 
	 	 	 	 
	June 15, 1989

	 	1989 Series A Bonds
	 	July 15, 1989
	 
	 	 	 	 
	July 15, 1989

	 	Series KKP No. 10 Bonds
	 	December 1, 1989
	 
	 	 	 	 
	December 1, 1989

	 	Series KKP No. 11 Bonds
and 1989 Series BP Bonds
	 	February 15, 1990
	 
	 	 	 	 
	February 15, 1990

	 	1990 Series A Bonds, 1990
Series B Bonds, 1990
Series C Bonds, 1990
Series D Bonds, 1990
Series E Bonds and 1990
Series F Bonds
	 	November 1, 1990
	 
	 	 	 	 
	November 1, 1990

	 	Series KKP No. 12 Bonds
	 	April 1, 1991
	 
	 	 	 	 
	April 1, 1991

	 	1991 Series AP Bonds
	 	May 1, 1991
	 
	 	 	 	 
	May 1, 1991

	 	1991 Series BP Bonds and
1991 Series CP Bonds
	 	May 15, 1991
	 
	 	 	 	 
	May 15, 1991

	 	1991 Series DP Bonds
	 	September 1, 1991
	 
	 	 	 	 
	September 1, 1991

	 	1991 Series EP Bonds
	 	November 1, 1991
	 
	 	 	 	 
	November 1, 1991

	 	1991 Series FP Bonds
	 	January 15, 1992
	 
	 	 	 	 
	January 15, 1992

	 	1992 Series BP Bonds
	 	February 29, 1992
and April 15, 1992
	 
	 	 	 	 
	February 29, 1992

	 	1992 Series AP Bonds
	 	April 15, 1992
	 
	 	 	 	 
	April 15, 1992

	 	Series KKP No. 13 Bonds
	 	July 15, 1992
	 
	 	 	 	 
	July 15, 1992

	 	1992 Series CP Bonds
	 	November 30, 1992
	 
	 	 	 	 
	July 31, 1992

	 	1992 Series D Bonds
	 	November 30, 1992
	 
	 	 	 	 
	November 30, 1992

	 	1992 Series E Bonds and
1993 Series B Bonds
	 	March 15, 1993

22

 

	 	 	 	 	 
	 	 	 	 	Recorded and/or Filed
	 	 	 	 	as Set Forth in
	Supplemental Indenture	 	Purpose of Supplemental	 	Supplemental
	Dated as of	 	Indenture	 	Indenture Dated as of
	 
	 	 	 	 
	December 15, 1992

	 	Series KKP No. 14 Bonds
and 1989 Series BP No. 2
Bonds
	 	March 15, 1993
	 
	 	 	 	 
	January 1, 1993

	 	1993 Series C Bonds
	 	April 1, 1993
	 
	 	 	 	 
	March 1, 1993

	 	1993 Series E Bonds
	 	June 30, 1993
	 
	 	 	 	 
	March 15, 1993

	 	1993 Series D Bonds
	 	September 15, 1993
	 
	 	 	 	 
	April 1, 1993

	 	1993 Series FP Bonds and
1993 Series IP Bonds
	 	September 15, 1993
	 
	 	 	 	 
	April 26, 1993

	 	1993 Series G Bonds and
Amendment of Article II,
Section 5
	 	September 15, 1993
	 
	 	 	 	 
	May 31, 1993

	 	1993 Series J Bonds
	 	September 15, 1993
	 
	 	 	 	 
	June 30, 1993

	 	1993 Series AP Bonds
	 	(d)
	 
	 	 	 	 
	June 30, 1993

	 	1993 Series H Bonds
	 	(d)
	 
	 	 	 	 
	September 15, 1993

	 	1993 Series K Bonds
	 	March 1, 1994
	 
	 	 	 	 
	March 1, 1994

	 	1994 Series AP Bonds
	 	June 15, 1994
	 
	 	 	 	 
	June 15, 1994

	 	1994 Series BP Bonds
	 	December 1, 1994
	 
	 	 	 	 
	August 15, 1994

	 	1994 Series C Bonds
	 	December 1, 1994
	 
	 	 	 	 
	December 1, 1994

	 	Series KKP No. 15 Bonds
and 1994 Series DP Bonds
	 	August 1, 1995
	 
	 	 	 	 
	August 1, 1995

	 	1995 Series AP Bonds and
1995 Series BP Bonds
	 	August 1, 1999
	 
	 	 	 	 
	August 1, 1999

	 	1999 Series AP Bonds, 1999
Series BP Bonds and 1999
Series CP Bonds
	 	(d)
	 
	 	 	 	 
	August 15, 1999

	 	1999 Series D Bonds
	 	(d)
	 
	 	 	 	 
	January 1, 2000

	 	2000 Series A Bonds
	 	(d)
	 
	 	 	 	 
	April 15, 2000

	 	Appointment of Successor
Trustee
	 	(d)
	 
	 	 	 	 
	August 1, 2000

	 	2000 Series BP Bonds
	 	(d)
	 
	 	 	 	 
	March 15, 2001

	 	2001 Series AP Bonds
	 	(d)
	 
	 	 	 	 
	May 1, 2001

	 	2001 Series BP Bonds
	 	(d)
	 
	 	 	 	 
	August 15, 2001

	 	2001 Series CP Bonds
	 	(d)
	 
	 	 	 	 
	September 15, 2001

	 	2001 Series D Bonds and
2001 Series E Bonds
	 	(d)
	September 17, 2002

	 	Amendment of Article XIII,
Section 3 and Appointment
of Successor Trustee
	 	(d)
	 
	 	 	 	 
	October 15, 2002

	 	2002 Series A Bonds and
2002 Series B Bonds
	 	(d)
	 
	 	 	 	 
	December 1, 2002

	 	2002 Series C Bonds and
2002 Series D Bonds
	 	(d)
	 
	 	 	 	 
	August 1, 2003

	 	2003 Series A Bonds
	 	(d)
	 
	 	 	 	 
	March 15, 2004

	 	2004 Series A Bonds and
2004 Series B Bonds
	 	(d)
	 
	 	 	 	 
	July 1, 2004

	 	2004 Series D Bonds
	 	(d)

23

 

	 	 	 	 	 
	 	 	 	 	Recorded and/or Filed
	 	 	 	 	as Set Forth in
	Supplemental Indenture	 	Purpose of Supplemental	 	Supplemental
	Dated as of	 	Indenture	 	Indenture Dated as of
	 
	 	 	 	 
	February 1, 2005

	 	2005 Series A Bonds and
2005 Series B Bonds
	 	May 15, 2006
	 
	 	 	 	 
	April 1, 2005

	 	2005 Series AR Bonds and
2005 Series BR Bonds
	 	May 15, 2006
	 
	 	 	 	 
	August 1, 2005

	 	2005 Series DT Bonds
	 	May 15, 2006
	 
	 	 	 	 
	September 15, 2005

	 	2005 Series C Bonds
	 	May 15, 2006
	 
	 	 	 	 
	September 30, 2005

	 	2005 Series E Bonds
	 	May 15, 2006
	 
	 	 	 	 
	May 15, 2006

	 	2006 Series A Bonds
	 	December 1, 2006
	 
	 	 	 	 
	December 1, 2006

	 	2006 Series CT Bonds
	 	December 1, 2007
	 
	 	 	 	 
	December 1, 2007

	 	2007 Series A Bonds
	 	April 1, 2008
	 
	 	 	 	 
	April 1, 2008

	 	2008 Series DT Bonds
	 	May 1, 2008
	 
	 	 	 	 
	May 1, 2008

	 	2008 Series ET Bonds
	 	July 1, 2008
	 
	 	 	 	 
	June 1, 2008

	 	2008 Series G Bonds
	 	October 1, 2008
	 
	 	 	 	 
	July 1, 2008

	 	2008 Series KT Bonds
	 	October 1, 2008
	 
	 	 	 	 
	October 1, 2008

	 	2008 Series J Bonds
	 	December 1, 2008
	 
	 	 	 	 
	December 1, 2008

	 	2008 Series LT Bonds
	 	March 15, 2009
	 
	 	 	 	 
	March 15, 2009

	 	2009 Series BT Bonds
	 	November 1, 2009

 

			
	(a)	 	See Supplemental Indenture dated as of July 1, 1970 for Interstate
Commerce Commission filing and recordation information.
	 
	(b)	 	See Supplemental Indenture dated as of May 1, 1953 for Secretary of
State of Michigan filing information.
	 
	(c)	 	See Supplemental Indenture dated as of May 1, 1974 for County of
Genesee, Michigan recording and filing information.
	 
	(d)	 	Recording and filing information for this Supplemental Indenture
has not been set forth in a subsequent Supplemental Indenture.

	 	 	 

	RECORDING AND FILING OF SUPPLEMENTAL
INDENTURE DATED AS OF NOVEMBER 1,
2009.

	 	Further, pursuant to the terms and
provisions of the Original
Indenture, a Supplemental Indenture
dated as of November 1, 2009
providing for the terms of bonds to
be issued thereunder of 2009 Series
CT has heretofore been entered into
between the Company and the Trustee
and has been filed in the Office of
the Secretary of State of Michigan
as a financing statement on November
24, 2009 (Filing No. 2009166228-1),
has been filed and recorded in the
Office of the Surface Transportation
Board on November 24, 2009
(Recordation No. 5485-XXXXX), and
has been recorded as a real estate
mortgage in the offices of the
respective Register of Deeds of
certain counties in the State of
Michigan, as follows:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Liber/	 	 	 	 
	County	 	Recorded	 	 	Instrument no.	 	 	Page	 
	Genesee
	 	11/30/09	 	 	 	2009113000759939	 	 	 	N/A	 
	Huron
	 	11/24/09	 	 	 	1306	 	 	 	4	 
	Ingham
	 	11/30/09	 	 	 	3365	 	 	 	280	 
	Lapeer
	 	11/24/09	 	 	 	2418	 	 	 	857	 
	Lenawee
	 	11/24/09	 	 	 	2394	 	 	 	336	 
	Livingston
	 	11/24/09	 	 	 	2009R-031857	 	 	 	N/A	 
	Macomb
	 	11/30/09	 	 	 	20040	 	 	 	624	 

24

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Liber/	 	 	 	 
	County	 	Recorded	 	 	Instrument no.	 	 	Page	 
	Mason
	 	11/24/09	 	 	 	2009R06849	 	 	 	N/A	 
	Monroe
	 	11/24/09	 	 	 	2009R20845	 	 	 	N/A	 
	Oakland
	 	11/25/09	 	 	 	41648	 	 	 	496	 
	St. Clair
	 	11/24/09	 	 	 	4002	 	 	 	531	 
	Sanilac
	 	11/24/09	 	 	 	1085	 	 	 	38	 
	Tuscola
	 	11/24/09	 	 	 	1188	 	 	 	143	 
	Washtenaw
	 	11/24/09	 	 	 	4761	 	 	 	576	 
	Wayne
	 	11/24/09	 	 	 	48232	 	 	 	1482	 

	 	 	 

	RECORDING OF CERTIFICATES OF
PROVISION FOR PAYMENT.

	 	All the bonds of Series A which were
issued under the Original Indenture
dated as of October 1, 1924, and of
Series B, Series C, Series D, Series
E, Series F, Series G, Series H,
Series I, Series J, Series K, Series
L, Series M, Series N, Series O,
Series P, Series Q, Series R, Series
S, Series T, Series U, Series V,
Series W, Series X, Series Y, Series
Z, Series AA, Series BB, Series CC,
Series DDP Nos. 1-9, Series EE,
Series FFR Nos. 1-13, Series GGP
Nos. 1-7, Series HH, Series MMP,
Series IP Nos. 1-7, Series JJP Nos.
1-7, Series KKP Nos. 1-7, Series LLP
Nos. 1-7, Series FFR No. 14, Series
NNP Nos. 1-7, Series GGP Nos. 8-22,
Series OOP Nos. 1-17, Series PP,
Series QQP Nos. 1-9, Series RR,
Series SS, Series IIP Nos. 8-22,
Series NNP Nos. 8-21, Series TTP
Nos. 1-15, Series JJP No. 8, Series
KKP No. 8, Series LLP Nos. 8-15,
Series MMP No. 2, Series OOP No. 18,
Series UU, 1980 Series A, 1980
Series B, Series QQP Nos. 10-19,
1980 Series CP Nos. 1-12, 1980
Series DP Nos. 1-11, 1980 Series CP
Nos. 13-25, 1981 Series AP Nos.
1-12, 1981 Series AP Nos. 13-14,
1981 Series AP Nos. 15-16, 1984
Series AP, 1984 Series BP, 1985
Series A, 1985 Series B, Series KKP
No. 9, 1986 Series A, 1986 Series B,
1986 Series C, 1987 Series A, 1987
Series B, 1987 Series C, 1987 Series
D, 1987 Series E, 1987 Series F,
1989 Series A, Series KKP No. 10,
Series KKP No. 11, 1989 Series BP,
1990 Series A, 1990 Series D, 1991
Series EP, 1991 Series FP, 1992
Series BP, Series KKP No. 13, 1992
Series CP, 1992 Series D, Series KKP
No. 14, 1989 Series BP No. 2, 1993
Series B, 1993 Series C, 1993, 1993
Series H, 1993 Series E, 1993 Series
D, 1993 Series FP, 1993 Series IP,
1993 Series G, 1993 Series J, 1993
Series K, 1994 Series AP, 1994
Series BP, 1994 Series C, Series
KKP No. 15, 1994 Series DP, 1995
Series AP, 1995 Series BP, 1999
Series D, 2000 Series A, 2001 Series
D, 2005 Series A, and 2005 Series B,
which were issued under Supplemental
Indentures as described in the
Recording and Filing of Supplemental
Indentures section above, have
matured or have been called for
redemption and funds sufficient for
such payment or redemption have been
irrevocably deposited with the
Trustee for that purpose; and
Certificates of Provision for
Payment have been recorded in the
offices of the respective Registers
of Deeds of certain counties in the
State of Michigan, with respect to
all bonds of Series A, B, C, D, E,
F, G, H, K, L, M, O, W, BB, CC, DDP
Nos. 1 and 2, FFR Nos. 1-3, GGP Nos.
1 and 2, IIP No. 1, JJP No. 1, KKP
No. 1, LLP No. 1 and GGP No. 8.

25

 

PART III.

THE TRUSTEE.

	 	 	 

	TERMS AND CONDITIONS OF ACCEPTANCE
OF TRUST BY TRUSTEE.

	 	The Trustee hereby accepts the trust
hereby declared and provided, and
agrees to perform the same upon the
terms and conditions in the Original
Indenture, as amended to date and as
supplemented by this Supplemental
Indenture, and in this Supplemental
Indenture set forth, and upon the
following terms and conditions:
	 
	 	 
	 

	 	The Trustee shall not be responsible
in any manner whatsoever for and in
respect of the validity or
sufficiency of this Supplemental
Indenture or the due execution
hereof by the Company or for or in
respect of the recitals contained
herein, all of which recitals are
made by the Company solely.

PART IV.

MISCELLANEOUS.

	 	 	 

	CONFIRMATION OF SECTION 318(c) OF
TRUST INDENTURE ACT.

	 	Except to the extent specifically
provided therein, no provision of
this Supplemental Indenture or any
future supplemental indenture is
intended to modify, and the parties
do hereby adopt and confirm, the
provisions of Section 318(c) of the
Trust Indenture Act which amend and
supersede provisions of the
Indenture in effect prior to
November 15, 1990.
	 
	 	 
	EXECUTION IN COUNTERPARTS.

	 	THIS SUPPLEMENTAL INDENTURE MAY BE
SIMULTANEOUSLY EXECUTED IN ANY
NUMBER OF COUNTERPARTS, EACH OF
WHICH WHEN SO EXECUTED SHALL BE
DEEMED TO BE AN ORIGINAL; BUT SUCH
COUNTERPARTS SHALL TOGETHER
CONSTITUTE BUT ONE AND THE SAME
INSTRUMENT.
	 
	 	 
	TESTIMONIUM.

	 	IN WITNESS WHEREOF, THE DETROIT
EDISON COMPANY AND THE BANK OF NEW
YORK MELLON TRUST COMPANY, N.A. HAVE
CAUSED THESE PRESENTS TO BE SIGNED
IN THEIR RESPECTIVE CORPORATE NAMES
BY THEIR RESPECTIVE CHAIRMEN OF THE
BOARD, PRESIDENTS, VICE PRESIDENTS,
ASSISTANT VICE PRESIDENTS,
TREASURERS OR ASSISTANT TREASURERS
AND IMPRESSED WITH THEIR RESPECTIVE
CORPORATE SEALS, ATTESTED BY THEIR
RESPECTIVE SECRETARIES OR ASSISTANT
SECRETARIES, ALL AS OF THE DAY AND
YEAR FIRST ABOVE WRITTEN.

26

 

	 	 	 

	EXECUTION BY
COMPANY.

	 	THE DETROIT EDISON COMPANY

	 	 	 	 	 
	 	 	 
	(Corporate Seal) 	By:  	/s/ Donald J. Goshorn
 	 
	 	 	Name:  	Donald J. Goshorn 	 
	 	 	Title:  	Assistant Treasurer 	 
	 

	 	 	 	 	 
	 	Attest:

 	 
	 	By:  	/s/ Lisa A. Muschong
 	 
	 	 	Name:  	Lisa A. Muschong 	 
	 	 	Title:  	Corporate Secretary 	 
	 

	 	 	 	 	 
	 	Signed, sealed and delivered by

THE DETROIT EDISON COMPANY

in the presence of

 	 
	 	/s/ Jessica P. Lange
 	 
	 	Name:  	Jessica P. Lange 	 
	 	 	 
	 	                          /s/ Daniel T. Richards
 	 
	 	Name:  	Daniel T. Richards 	 
	 	 	 

27

 

	 	 	 	 	 	 	 	 	 

	 

	 	STATE OF MICHIGAN
	 	 	)	 	 	 
	 

	 	 	 	 	)	 	SS	 
	 

	 	COUNTY OF WAYNE
	 	 	)	 	 	 

	 	 	 

	ACKNOWLEDGMENT OF EXECUTION
BY
COMPANY.

	 	On this 18th day of August, 2010, before
me, the subscriber, a Notary Public within
and for the County of Wayne, in the State
of Michigan, acting in the County of Wayne,
personally appeared Donald J. Goshorn, to
me personally known, who, being by me duly
sworn, did say that he does business at One
Energy Plaza, Detroit, Michigan 48226 and
is the Assistant Treasurer of THE DETROIT
EDISON COMPANY, one of the corporations
described in and which executed the
foregoing instrument; that he knows the
corporate seal of the said corporation and
that the seal affixed to said instrument is
the corporate seal of said corporation; and
that said instrument was signed and sealed
in behalf of said corporation by authority
of its Board of Directors and that he
subscribed his name thereto by like
authority; and said Donald J. Goshorn
acknowledged said instrument to be the free
act and deed of said corporation.

	 	 	 	 	 
	 	 	 
	(Notarial Seal) 	/s/ Stephanie V. Washio
 	 
	 	Stephanie V. Washio 	 
	 	Notary Public, Wayne County, MI

Acting in Wayne

My Commission Expires: May 18, 2012	 

28

 

	 	 	 

	EXECUTION BY
TRUSTEE.

	 	THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A.

	 	 	 	 	 
	 	 	 
	(Corporate Seal) 	By:  	/s/ Alexis M. Johnson
 	 
	 	 	Name:  	Alexis M. Johnson 	 
	 	 	Title:  	Authorized Officer 	 
	 

	 	 	 	 	 
	 	Attest:

 	 
	 	By: 	/s/ J. Michael Banas
 	 
	 	 	Name:  	J. Michael Banas 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	Signed, sealed and delivered by

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

in the presence of

 	 
	 	/s/ W. Scott Bennett
 	 
	 	Name:  	W. Scott Bennett 	 
	 	 	 
	 	                         /s/ Kathleen Hier
 	 
	 	Name:  	Kathleen Hier 	 
	 	 	 

29

 

	 	 	 	 	 	 	 	 	 

	 

	 	STATE OF MICHIGAN
	 	 	)	 	 	 
	 

	 	 	 	 	)	 	SS	 
	 

	 	COUNTY OF WAYNE
	 	 	)	 	 	 

	 	 	 

	ACKNOWLEDGMENT OF EXECUTION
BY TRUSTEE.

	 	On this 18th day of August, 2010, before
me, the subscriber, a Notary Public within
and for the County of Wayne, in the State
of Michigan, acting in the County of Wayne,
personally appeared Alexis M. Johnson, to
me personally known, who, being by me duly
sworn, did say that her business office is
located at 719 Griswold Street, Suite 930,
Detroit, Michigan 48226, and she is an
Authorized Officer of THE BANK OF NEW YORK
MELLON TRUST COMPANY, N.A., one of the
corporations described in and which
executed the foregoing instrument; that she
knows the corporate seal of the said
corporation and that the seal affixed to
said instrument is the corporate seal of
said corporation; and that said instrument
was signed and sealed in behalf of said
corporation by authority of its Board of
Directors and that she subscribed her name
thereto by like authority; and said Alexis
M. Johnson acknowledged said instrument to
be the free act and deed of said
corporation.

	 	 	 	 	 
	 	 	 
	(Notarial Seal) 	/s/ Stephanie V. Washio
 	 
	 	Stephanie V. Washio 	 
	 	Notary Public, Wayne County, MI

Acting in Wayne

My Commission Expires: May 18, 2012	 

30

 

	 	 	 	 	 	 	 	 	 

	 

	 	STATE OF MICHIGAN
	 	 	)	 	 	 
	 

	 	 	 	 	)	 	SS	 
	 

	 	COUNTY OF WAYNE
	 	 	)	 	 	 

	 	 	 

	AFFIDAVIT AS TO CONSIDERATION AND
GOOD FAITH.

	 	Donald J. Goshorn, being duly sworn,
says: that he is the Assistant
Treasurer of THE DETROIT EDISON
COMPANY, the Mortgagor named in the
foregoing instrument, and that he
has knowledge of the facts in regard
to the making of said instrument and
of the consideration therefor; that
the consideration for said
instrument was and is actual and
adequate, and that the same was
given in good faith for the purposes
in such instrument set forth.

	 	 	 	 	 
	 	 	 
	 	      /s/ Donald J. Goshorn
 	 
	 	Name:  	Donald J. Goshorn 	 
	 	Title:  	Assistant Treasurer

The Detroit Edison Company 	 
	 

	 	 	 	 	 
	 	Sworn to before me this 18th day of
August, 2010

 	 
	(Notarial Seal) 	        /s/ Stephanie V. Washio
 	 
	 	Stephanie V. Washio 	 
	 	Notary Public, Wayne County, MI

Acting in Wayne

My Commission Expires: May 18, 2012	 

31

 

	 	 	 	 	 

This instrument was drafted by:

Daniel T. Richards, Esq.

One Energy Plaza

688 WCB

Detroit, Michigan 48226

When recorded return to:

Stephanie V. Washio

One Energy Plaza

688 WCB

Detroit, Michigan 48226

32

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00180-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00180-of-00352.parquet"}]]