Document:

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                                                                   Exhibit 10.13

                                                   December 6, 1999

Mr. Adam Victor
Project Orange Associates, L.P.
630 First Avenue
New York, N.Y. 10016

Re:  Project Management/Administration Services for Project Orange

Dear Adam:

     The purpose of this letter ("Asset Management Agreement") is to confirm the
understanding between Project Orange Associates, L.P. ("POA") and Niagara Mohawk
Energy Marketing, Inc. ("NMEM") with respect to the performance of project
management services for POA by NMEM.

     POA owns an 80MW cogeneration plant located in Syracuse, New York (the
"Facility"). POA has requested NMEM, and NMEM agrees to provide certain services
described below for the purpose of managing the administrative affairs of POA.
Accordingly, the Parties agree to the following terms and conditions:

     1. POA hereby appoints NMEM as its exclusive agent with respect to the
        administration of the "POA Contracts" contained in Attachment A and to
        accomplish certain accounting and project management service as set
        forth in this Asset Management Agreement, and as maybe defined , with
        more specificity in procedures that may be developed by the Parties from
        time to time and incorporated into and made apart of this Asset
        Management Agreement.

     2. In addition to acting as POA's agent as described in Paragraph 1 above,
        the functions that NMEM shall perform will include:

        a. Administer and monitor performance under and advise POA of its rights
           and responsibilities under the POA Contracts. NMEM's contract
           administration duties shall also include negotiation of new energy
           supply, purchase or transportation agreements and tariffs for POA's
           signature.

        b. In performing contract-related functions, NMEM may encounter
           questions concerning the POA Contracts or related documents or other
           questions that require advice of legal counsel. In the event of such
           questions, NMEM shall consult with POA's legal counsel, designated by
           POA from time to
<PAGE>

           time, and may rely on any advice obtained from POA's counsel or other
           advisors in fulfilling its duties under this Agreement.

        c. Perform all routine accounting-related functions including
           reconciling with counter-parties, rendering invoices, tendering
           payments from POA's designated account, managing accounts
           receivable/payable, and providing budgets and reports. NMEM shall not
           be responsible for the failure of any POA counterparty to pay;
           however, NMEM will work with POA's attorneys or consultants to assist
           in any collection efforts or billing disputes that may arise. NMEM is
           not obligated to use any of its funds to satisfy any POA obligation
           that may arise. In performing the accounting related functions
           described herein, NMEM shall work closely with POA's auditors and tax
           consultants to provide such auditors and consultants with information
           that will be needed for financial reports and tax filing as soon as
           is reasonably possible. POA acknowledges and agrees that complete
           information relating to the purchase and sale and transportation of
           electricity and natural gas may not be available on a monthly basis
           and that it may receive estimates from NMEM that will be trued-up as
           soon as is practicable. The Parties will enter into a limited power
           of attorney or similar agreement that will permit NMEM to accept and
           disburse funds though a POA bank account to be designated by POA.
           NMEM and POA will enter into the appropriate documentation with POA's
           bank to permit such activity. NMEM's authority to accept and disburse
           funds shall be limited to the purposes of administering the contracts
           described herein. To the extent NMEM will manage funds of POA, NMEM
           shall manage such funds with the same standard of care that it would
           use in managing its own assets.

        d. Recommend and, with POA's consent, implement or assist in the
           implementation of cost reduction and revenue enhancement strategies.

        e. NMEM will provide energy management services to POA pursuant to a
           certain Asset Management Agreement dated December 6, 1999.

     3. POA shall make available to NMEM, at POA's expense, its professional
        legal counsel to assist NMEM in performing its duties hereunder.

     4. POA shall maintain adequate working capital in order to allow NMEM to
        perform its duties hereunder. NMEM will advise POA if it believes more
        working capital is needed to perform the duties described herein.

     5. So long as POA is a "Qualifying Facility" under PURPA, or an Exempt
        Wholesale Generator under PUHCA, the parties agree to cooperate to
        ensure that NMEM's actions hereunder are consistent with maintenance of
        POA's Qualifying Facility status or if POA converts to an exempt
        wholesale generator, the requirements for such EWG status.
<PAGE>

     6. NMEM's compensation under this Asset Management Agreement shall include
        the sum of the following items:

        a. A fixed monthly payment of $22,750 per month, commencing on the first
           month in which services are provided. Beginning January 1, 2001 and
           on January 1 of each year thereafter, this fee shall increase at the
           rate commensurate with the Consumer Price Index,

        b. The actual cost incurred by NMEM, including NMEM employee expenses
           and time at standard hourly rates, related to extraordinary,
           unforeseen events such as required or requested assistance in any
           regulatory or judicial proceedings involving POA or in the
           renegotiation of any POA Contract.

     7. This Asset Management Agreement shall be effective on the date first
        written above and the services provided shall commence on December 6,
        1999. POA may terminate this Asset Management Agreement upon sixty (60)
        days prior written notice to NMEM, subject to acceptance by U.S. Bank
        Trust National Association, as agent for POA pursuant to a Financing
        Agreement between POA and U.S. Bank Trust National Association, as
        trustee, and NMEM may terminate this Asset Management Agreement upon six
        (6) month's prior written notice to POA.

     8. Following the beginning of each calendar month, NMEM shall prepare and
        deliver an invoice to POA for services provided under this Asset
        Management Agreement each month. The amount stated in such invoice shall
        be payable by wire transfer on or before the 25th of the month following
        the month of service unless the invoice is not received by the 15/th/,
        in which case it shall be due ten (10) days after receipt by POA.
        Interest on unpaid amounts or on refunds due shall accrue daily from the
        due date of such unpaid amount or refund until the date paid at a rate
        equal to the prime interest rate per annum of Citibank, New York, New
        York, or its successor, plus 2%. In the event that payment of such
        amount is not received on or before the due date, NMEM shall be
        entitled, in addition to any other rights and remedies available to NMEM
        at law or equity, upon forty-five (45) days prior written notice to POA
        to suspend and/or terminate performance, of its obligations hereunder
        provided POA shall not have fully cured such non-payment within the
        forty-five (45) day notice period. In such event, NMEM shall not be
        required to resume performance until all outstanding obligations due
        NMEM are made current. If the event of default or breach by POA is a
        default or breach other than non-payment, POA shall have a reasonable
        period of time to cure such default or breach, so long as POA commences
        and diligently and continuously pursues to cure such default or breach
        within ninety (90) days of the date of notice of such default or breach.

     9. NMEM shall not be responsible for any liability or damages associated
        with the ownership or operation of the Facility and POA shall indemnify,
        defend and hold harmless NMEM, its officers, directors, employees or
        representatives for any claims, liabilities, costs or expense, including
        reasonable attorney's fees arising from or related
<PAGE>

         to its ownership and operation of the Facility, including liabilities
         based on environmental claims or Hazardous Waste to the fullest extent
         permitted by law, except for claims based upon the negligence, gross
         negligence or willful misconduct of NMEM, which NMEM shall be fully
         liable and not subject to indemnification hereunder.

     10. This Asset Management Agreement is not intended to create and shall not
         create any relationship of joint venture, or partnership, or any other
         association of like kind or type between the Parties or to impose any
         obligation or liability upon either Party other than those explicitly
         provided for herein. Consistent with NMEM's obligations hereunder, NMEM
         shall be POA's attorney-in-fact and agent for the explicit purposes
         stated herein.

     11. In the event of a breach of NMEM's obligations under this Asset
         Management Agreement, NMEM's total liability for any claims, including
         claims for indemnity is limited to fees paid to NMEM under this
         Agreement. If no remedy or measure of damages is expressly provided,
         the liability of the non-performing party shall be limited to direct
         damages only and all other damages and remedies are waived. Except as
         provided in Paragraph 9, in no event shall either Party be liable to
         the other Party for consequential, incidental, punitive, exemplary or
         indirect damages in tort, for contract or otherwise.

     12. This Asset Management Agreement shall be governed by the laws of the
         State of New York without reference to conflict of law principles.
         Venue for any claims based on this Asset Management Agreement shall be
         in New York State Courts in Onondaga County or the United States
         District Court for the Northern District of New York.

     13. Neither Party may assign this Asset Management Agreement nor any of its
         rights or responsibilities hereunder without the prior written consent
         of the other Party; such consent shall not be unreasonably withheld.
         Notwithstanding the foregoing, NMEM may assign payments to a third-
         party as collateral security for financing purposes or it may assign
         the Asset Management Agreement to an affiliate without the prior
         consent of POA; and POA may assign its rights hereunder to a third
         party for financing purposes or it may assign the Asset Management
         Agreement in the event of the sale of substantially all of the assets
         or equity interests of POA. Any such assignment shall be binding upon
         such successors and assignors.

     14. Neither NMEM nor POA intends by the provision of this Asset Management
         Agreement to create rights enforceable by anyone who is not a Party or
         a successor assignee of a Party to the Asset Management Agreement.

     15. NMEM warrants that the services will be performed in conformance with
         professional standards prevailing in the applicable industry at the
         time of NMEM's performance. This warranty shall not apply where the
         failure to meet the warranty is the result of acts or omissions of
         persons other than NMEM, or of accidents not solely caused by NMEM.
         This express warranty is exclusive and no other warranties of any kind,
<PAGE>

         whether statutory, written, oral or implied (including warranties of
         merchantability or fitness for use or for a particular purpose) shall
         apply to the services, all of which other warranties are expressly
         disclaimed.

     16. To the fullest extent permitted by law, NMEM agrees to indemnify and
         hold POA, its directors, officers, employees or representatives
         harmless from and against any and all damages, costs, expenses,
         including reasonable attorney's fees, claims or liabilities arising out
         of NMEM's failure to perform under this Asset Management Agreement,
         except to the extent that such damages, costs, expenses, claims or
         liabilities arc attributable to the negligence or willful misconduct of
         POA. To the fullest extent permitted by law, POA agrees to indemnify
         and hold NMEM, its directors, officers, employees and representatives
         harmless from and against any and all damages, costs, expenses,
         including reasonable attorney's fees claims or liabilities arising out
         of or based on NMEM's performance under this Asset Management Agreement
         to the extent that such damages, costs, expenses, claims or liabilities
         are not caused by the negligence or willful misconduct of NMEM. The
         indemnification, provided for in this Asset Management Agreement shall
         survive for a period of two (2) years from the termination of this
         Asset Management Agreement,

     17. Both Parties represent and warrant to each other that they are duly
         organized, validly existing and in good standing under the laws of the
         State of incorporation or formation and any jurisdiction which such
         Party is required to have authority to conduct business and that each
         Party has full authority to execute this Asset Management Agreement and
         to perform its obligations under this Asset Management Agreement.
         NMEM's and POA's signatories, to this Asset Management Agreement hereby
         represent and warrant to each other that they are fully authorized to
         act on behalf of each entity, such that this Asset Management
         Agreement, upon execution by such signatories, will constitute the
         legal, valid and binding obligation of NMEM and POA, enforceable
         against each in accordance with its terms. Each Party represents to the
         other the execution and delivery of this Asset Management Agreement and
         the performance of its obligations will not violate any provision of
         any existing law or regulation applicable to it, or any existing order,
         judgment, award or decree of any court, arbitrator or governmental
         authority applicable to it.

     18. Notwithstanding anything to the contrary herein, NMEM agrees to
         subordinate its fees and any payments due hereunder from POA to NMEM
         pursuant to a certain Consent and Agreement among NMEM, POA and U.S.
         Bank Trust, National Association, as trustee and collateral agent, in
         form and substance as set forth on Exhibit "B" attached hereto.
<PAGE>

If the terms and conditions accurately reflect our understanding, please sign
below and return an executed original to me.

                              Very truly yours,

                              /s/ James Cifaratta
                              James Cifaratta
                              Vice President Business Development

ACCEPTED AND AGREED BY PROJECT ORANGE ASSOCIATES, L.P.:

By G.A.S. Orange Associates, L.L.C., Its Managing General Partner;

By:  /s/ Adam Victor
     ______________________________
     Adam Victor, President
<PAGE>

                                 ATTACHMENT A

LIST OF PROJECT ORANGE ASSOCIATES,, L.P. CONTRACTS TO BE ADMINISTERED BY NIAGARA
MOHAWK ENERGY MARKETING, INC.

          1.   Restated Gas Sale and Purchase Agreement dated March 18, 1991
               between Project Orange Associates, L.P., Noranda Inc. and
               Canadian Hunter Exploration Ltd.

          2.   Gas Transportation Agreement dated June 26, 1992 between
               Tennessee Gas Pipeline Company and Project Orange Associates,
               L.P.

          3.   Firm Natural Gas Transportation Agreement dated March 29, 1991
               between Tennessee Gas Pipeline Company and Project Orange
               Associates, L.P.

          4.   Gas Transportation Agreement dated November 19, 1987 between
               Tennessee Gas Pipeline Company and Gas Alternative Systems, Inc.

          5.   Firm Service Contract dated October 11, 1990 between Transcanada
               Pipelines Limited and Canadian Hunter Exploration Ltd.

          6.   ISDA (International Swap Dealers Association, Inc.) Master
               Agreement dated June 30, 1998.

          7.   Power Put Agreement dated September 19, 1986 between Project
               Orange Associates, L.P. and Niagara Mohawk Power Corporation.

          8.   Steam Contract, dated February 27, 1990, between Project Orange
               Associates, L.P. and Syracuse University.

          9.   Operating Agreement, dated February 27, 1990, between Syracuse
               University and Project Orange Associates, L.P.

          10.  Lease Agreement, dated February 27, 1990, between Syracuse
               University and Project Orange Associates, L.P.

          11.  Cogeneration Facility Operation and Maintenance Agreement dated
               November 1, 1998 between Project Orange Associates, L.P. and GE
               Energy Plant Operations, Inc.
<PAGE>

                                  EXHIBIT "B"
                                  -----------

                             CONSENT AND AGREEMENT
                             ---------------------<PAGE>

                                                                   Exhibit 10.14

                                              December 6, 1999

Mr. Adam Victor
Project Orange Associates, L.P.
630 First Avenue
New York, NY 10016

Re:  Contract Optimization/Energy Marketing Services for Project Orange

Dear Adam:

     The purpose of this letter ("Marketing Agreement") is to confirm the
understanding between Project Orange Associates, L.P. ("POA") and Niagara Mohawk
Energy Marketing, Inc. ("NMEM") with respect to the performance of certain
dispatch and contract optimization services for POA by NMEM.

     POA owns an 80MW cogeneration plant located in Syracuse, New York (the
"Facility"). POA has requested NMEM, and NMEM agrees to provide certain services
described below for the purpose of assisting POA in maximizing its economic
performance under certain of its contracts.  Accordingly, the Parties agree to
the following terms and conditions:

     1.   The "POA Contracts" that NMEM will assist in managing are as follows:

          a. Restated Gas Sale and Purchase Agreement dated March 18, 1991
             between Project Orange Associates, L.P., Noranda Inc. and Canadian
             Hunter Exploration Ltd.

          b. Gas Transportation Agreement dated June 26, 1992 between Tennessee
             Gas Pipeline Company and Project Orange Associates, L.P.

          c. Firm Natural Gas Transportation Agreement dated March 29, 1991
             between Tennessee Gas Pipeline Company and Project Orange
             Associates, L.P.
<PAGE>

          d.   Gas Transportation Agreement dated November 19, 1987 between
               Tennessee Gas Pipeline Company and Gas Alternative Systems, Inc.

          e.   Firm Service Contract dated October 11, 1990 between Transcanada
               Pipelines Limited and Canadian Hunter Exploration Ltd.

          f.   ISDA (International Swap Dealers Association, Inc.) Master
               Agreement dated June 30, 1998.

          g..  Power Put Agreement dated September 19, 1986 between Project
               Orange Associates, L.P. and Niagara Mohawk Power Corporation.

          h.   Steam Contract, dated February 27, 1990, between Project Orange
               Associates, L.P. and Syracuse University.

          i.   Operating Agreement, dated February 27, 1990, between Syracuse
               University and Project Orange Associates, L.P.

     2.   POA will appoint NMEM as its exclusive agent for the purpose of
          allowing NMEM to acquire and sell electric and natural gas supplies as
          well as transmission and transportation and related services on behalf
          of the Facility. The Parties will work together to develop trading
          procedures and to define NMEM's authority, NMEM shall use its best
          efforts to assist POA in maximizing the value of its electric and
          natural gas assets. The functions that NMEM shall perform will
          include, but are not limited to:

          a.   Establish seasonal, monthly and daily plans that seek profit
               opportunities in the forward power and natural gas markets and
               manage risk.

          b.   Directing the dispatch of the Facility, and the boilers owned by
               Syracuse University, to their most economic level subject to the
               constraints identified by POA. Through its day-ahead and real
               time trading operations, NMEM will continuously evaluate and
               maximize the market opportunities and options contained within
               POA'S portfolio, This would include continuous redispatch of the
               Facility as well as continuous reconfiguration of energy
               transactions and transmission/transportation rights.

          c.   Market the electricity produced by the Facility. This will
               include entering into bilateral transactions and/or submitting
               bids into the New York Independent System Operator ("NYISO")
               markets for capacity, energy and ancillary services. The Parties
               will jointly develop a marketing strategy that will not
               compromise the Facility's ability to hedge the Indexed Swap
               Agreement.

          d.   Remarketing any natural gas and transportation owned by POA. In
               addition,
<PAGE>

               NMEM will economically nominate, within contract constraints,
               natural gas volumes with pipelines and LDCs.

          e.   Exercising the options contained in the Facility's Power Put
               agreement with NMPC. NMEM will also provide the notices and
               schedules required in Paragraph 3 the Power Put Agreement.

          f.   Advise and assist in the remarketing of the Facility's emissions
               credits.

     3.   POA represents and warrants that it shall designate a representative
          that can authorize NMEM to implement transactions on behalf of POA on
          a timely basis. Confirmations for such transactions may be made via
          taped telephone conversation and followed-up with a written
          confirmation, Neither party shall object to the introduction into
          evidence of any legal proceeding or arbitration of taped telephone
          conversations for the purpose of confirming transactions centered into
          by NMEM on behalf of POA. POA will execute all reasonable
          documentation required for it to obtain transmission and
          transportation services and acquire or sell electric supplies
          recommended to it by NMEM. Except as specifically set forth in the
          Asset Management Agreement between the parties, POA shall be
          responsible for billing, credit and collection matters associated with
          transactions arranged by NMEM for POA, NMEM will provide POA with the
          necessary information for such functions. NMEM does not assume any
          financial responsibility nor should POA represent that NMEM will
          assume such responsibility for any transactions. Notwithstanding the
          foregoing, NMEM may enter into electricity or natural gas transactions
          with POA as provided in Paragraph 6.

     4.   It is NMEM's objective to enhance the financial performance of the
          Facility and POA contracts by assisting POA in the management of its
          contracts and dispatch of its Facility so that POA obtains more Net
          Revenue, as defined below, than it would have obtained by simply
          selling the generating output of its Facility to NMPC under the Power
          Put Agreement with NMPC. Accordingly, the incremental Net Revenue
          created by NMEM as a result of its performance hereunder shall be
          called "Optimization Revenue". Such Optimization Revenue shall be
          defined as the actual net revenues realized by POA less the
          theoretical net revenues that would have been realized by POA under a
          mode of operation where, (i) the Facility is operated as a base loaded
          plant, and (ii) for each hour that the Facility is available, the
          Facility is operated and the electricity generated by the Facility is
          sold to NMPC, in amounts up to the maximum allowed under the Power Put
          Agreement between POA and NMPC.

     5.   NMEM's compensation under this Marketing Agreement shall be limited to
          an incentive fee, The incentive fee shall equal to a percentage of the
          Optimization Revenue realized by POA in each Contract Year. A Contract
          Year shall be defined as the twelve consecutive month period
          commencing January 1, 2000 and each succeeding twelve-month
          consecutive month period. POA shall compensate NMEM on a monthly basis
<PAGE>

          pursuant to Paragraph "8" below, based upon NMEM's performance under
          the following schedule in each Contract Year:

                  Optimization Revenue    NMEM Compensation
                  --------------------    -----------------

                  First $2 Million              0%
                  Next $2 Million               5%
                  Amount above S4 million      10%

     6.   In order to implement some of the activities set forth in paragraph 2
          or any additional recommendations of NMEM, NMEM may, from time to
          time, enter into natural gas or electricity purchase or sale
          transactions with POA. Any such transactions may be provided at NMEM's
          cost and made under the terms of a Power Purchase and Sale Agreement
          ("Power Agreement") or a Natural Gas Purchase and Sale Agreement
          ("Natural Gas Agreement") between NMEM and POA.

     7.   This Marketing Agreement shall commence on December 6, 1999. Either
          Party may terminate this Marketing Agreement upon forty-five (45) days
          prior written notice to the other Party; provided however, that the
          termination of this Marketing Agreement shall not affect the Power
          Agreement or the Natural Gas Agreement, termination of such agreements
          and any transactions thereunder shall be governed by the terms of such
          agreements. In the event this Marketing Agreement is terminated prior
          to the end of any Contract Year, then NMEM's compensation determined
          pursuant to paragraph "5" shall be determined on a pro rata basis to
          the date of termination and for purposes of such calculation, the
          Optimization Revenue and the thresholds contained in paragraph "5"
          shall also be pro rated to the date of termination.

     8.   Following the beginning of each calendar month, NMEM shall prepare and
          deliver an invoice to POA for services provided under this Marketing
          Agreement each month. Such invoice shall include information
          concerning transaction activity in sufficient detail to demonstrate
          amounts due under the incentive fee. The amount stated in such invoice
          shall be payable by wire transfer on or before the 25th of the month
          following the month of service, unless the invoice is not received by
          the 15/th/, in which case it shall be due ten (10) days after receipt
          by POA. POA reserves the right to audit NMEM's records relating to the
          calculation of the invoice. Interest on unpaid amounts (other than
          amounts reasonably in dispute) or on refunds due shall accrue daily
          from the due date of such unpaid amount or refund until the date paid
          at a rate equal to the prime interest rate per annum of Citibank, New
          York, New York, or its successor, plus 2%. In the event that payment
          of such amount is late, NMEM shall he entitled, in addition to any
          other rights and remedies available to NMEM at law or equity, upon
          forty-five (45) days prior written notice to POA to suspend and/or
          terminate performance, of its obligations hereunder provided POA shall
          not have fully cured such non-payment within the forty-five (45) day
          notice period. In such event, NMEM shall not be
<PAGE>

          required to resume performance until all outstanding obligations due
          NMEM are made current. If the event of default or breach by POA is a
          default or breach other than non-payment, POA shall have a reasonable
          period of time to cure such default or breach, so long as POA
          commences and diligently and continuously pursues to cure such default
          or breach within ninety (90) days of the date of notice of such
          default or breach.

     9.   NMEM shall not be responsible for any liability or damages associated
          with the ownership or operation of the Facility and POA shall
          indemnify, defend and hold harmless NMEM, its officers, directors,
          employees or representatives for any claims, liabilities, costs or
          expense, including reasonable attorney's fees arising from or related
          to its ownership and operation of the Facility, including liabilities
          based on environmental claims or Hazardous Waste to the fullest extent
          permitted by law, except for claims based upon the negligence, gross
          negligence or willful misconduct of NMEM, which NMEM shall be fully
          liable and not subject to indemnification hereunder.

     10.  This Marketing Agreement is not intended to create and shall not
          create any relationship of joint venture, or partnership, or any other
          association of like kind or type between the Parties or to impose any
          obligation or liability upon either Party other than those explicitly
          provided for herein. Consistent with NMEM's obligations hereunder,
          NMEM shall be POA's attorney-in-fact and agent for the explicit
          purposes stated herein.

     11.  In the event of a breach of NMEM's obligations under this Marketing
          Agreement, NMEM's total liability for any claims, including claims for
          indemnity is limited to fees paid to NMEM under this Agreement. If no
          remedy or measure of damages is expressly provided, the liability of
          the non-performing party shall be limited to direct damages only and
          all other damages and remedies are waived. Except as provided in
          Paragraph 9, in no event shall either Party be liable to the other
          Party for consequential, incidental, punitive, exemplary or indirect
          damages in tort, for contract or otherwise.

     12.  This Marketing Agreement shall be governed by the laws of the State of
          New York without reference to conflict of law principles. Venue for
          any claims based on this Marketing Agreement shall be in New York
          State Courts in Onondaga County or the United States District Court
          for the Northern District of New York.

     13.  Neither Party may assign this Marketing Agreement nor any of its
          rights or responsibilities hereunder without the prior written consent
          of the other Party; such consent shall not be unreasonably withheld.
          Notwithstanding the foregoing, NMEM may assign payments to a third-
          party as collateral security for financing purposes or it may assign
          the Marketing Agreement to an affiliate without the prior consent of
          POA; and POA may assign its rights hereunder to a third party for
          financing purposes or it may assign the Marketing Agreement in the
          event of the sale of substantially all of the assets or equity
          interests of POA. Any such assignment shall be binding upon such
<PAGE>

          successors and assignors.

     14.  Neither NMEM nor POA intends by the provision of this Marketing
          Agreement to create rights enforceable by anyone who is not a Party or
          a successor assignee of a Party to the Marketing Agreement.

     15.  NMEM warrants that the services will be performed in conformance with
          professional standards prevailing in the applicable industry at the
          time of NMEM's performance. This warranty shall not apply where the
          failure to meet the warranty is the result of acts or omissions of
          persons other than NMEM, or of accidents not solely caused by NMEM.
          This express warranty is exclusive and no other warranties of any
          kind, whether statutory, written, oral or implied (including
          warranties of merchantability or fitness for use or for a particular
          purpose) shall apply to the services, all of which other warranties
          are expressly disclaimed.

     16.  To the fullest extent permitted by law, NMEM agrees to indemnify and
          hold POA, its directors, officers, employees or representatives
          harmless from and against any and all damages, costs, expenses,
          including reasonable attorney's fees, claims or liabilities arising
          out of NMEM's failure to perform under this Marketing Agreement,
          except to the extent that such damages, costs, expenses, claims or
          liabilities arc attributable to the negligence or willful misconduct
          of POA. To the fullest extent permitted by law, POA agrees to
          indemnify and hold NMEM, its directors, officers, employees and
          representatives harmless from and against any and all damages, costs,
          expenses, including reasonable attorney's fees claims or liabilities
          arising out of or based on NMEM's performance under this Marketing
          Agreement to the extent that such damages, costs, expenses, claims or
          liabilities are not caused by the negligence or willful misconduct of
          NMEM. The indemnification, provided for in this Marketing Agreement
          shall survive for a period of two (2) years from the termination of
          this Marketing Agreement,

     17.  Both Parties represent and warrant to each other that they are duly
          organized, validly existing and in good standing under the laws of the
          State of incorporation or formation and any jurisdiction which such
          Party is required to have authority to conduct business and that each
          Party has full authority to execute this Marketing Agreement and to
          perform its obligations under this Marketing Agreement. NMEM's and
          POA's signatories, to this Marketing Agreement hereby represent and
          warrant to each other that they are fully authorized to act on behalf
          of each entity, such that this Marketing Agreement, upon execution by
          such signatories, will constitute the legal, valid and binding
          obligation of NMEM and POA, enforceable against each in accordance
          with its terms. Each Party represents to the other the execution and
          delivery of this Marketing Agreement and the performance of its
          obligations will not violate any provision of any existing law or
          regulation applicable to it, or any existing order, judgment, award or
          decree of any court, arbitrator or governmental authority applicable
          to it.
<PAGE>

If the terms and conditions accurately reflect our understanding, please sign
below and return an executed original to me.

                              Very truly yours,

                              /s/ James Cifaratta
                              -------------------------

                              James Cifaratta
                              Vice President Business Development

ACCEPTED AND AGREED BY PROJECT ORANGE ASSOCIATES, L.P.:

By G.A.S. Orange Associates, L.L.C., Its Managing General Partner;

By:  /s/ Adam Victor
    -------------------------
    Adam Victor, President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}]]