Document:

Unassociated Document

     

    Exhibit
      10.1

     

    AMENDMENT
      NO. 1

    to

    AMENDED
      AND RESTATED LEASE AGREEMENT

    

    

    This
      AMENDMENT
      NO. 1,
      dated
      as of June 1, 2006, to Amended and Restated Lease Agreement, dated as of
      December 15, 1986, as amended and restated as of December 15, 1992, between
      TUCSON
      ELECTRIC POWER COMPANY,
      an
      Arizona corporation (“TEP”), as Lessee (such term and all other capitalized
      terms used herein without definition having the meanings provided in Section
      1
      hereof), and WILMINGTON
      TRUST COMPANY,
      a
      Delaware corporation, and WILLIAM
      J. WADE
      (not in
      their respective individual capacities but solely as Owner Trustee and
      Cotrustee, respectively, under the Trust Agreement between such parties and
      TEP,
      as assignee of USWFS Intermediary Trust, as Owner Participant), as Lessor (this
      “Lease Amendment”),

     

    W
      I T N E S S E T H

     

    WHEREAS,
      the
      Lessee and the Lessor have heretofore entered into an Amended and Restated
      Lease
      Agreement, dated as of December 15, 1986, as amended and restated as of December
      15, 1992, as duly recorded in the office of the County Recorder of Apache
      County, Arizona on December 14, 1992, in Book 701, Page 593, providing for
      the
      lease by the Lessor to the Lessee of the Undivided Interest (such Amended and
      Restated Lease Agreement, as supplemented and amended hereby and as further
      amended, modified or supplemented from time to time in accordance with the
      provisions thereof, being hereinafter referred to as the “Lease”),

     

    WHEREAS,
      on June
      23, 2006, the Lessee acquired the right, title and interest of USWFS
      Intermediary Trust in the Trust Estate and pursuant to Section 7.01 of the
      Participation Agreement became the Owner Participant,

     

    WHEREAS,
      the
      Lessee and Lessor have agreed to amend the Lease as contemplated
      herein,

     

    WHEREAS,
      Section
      30(b) of the Lease provides, among other things, that until the Lessee has
      received notice from the Indenture Trustee that the Lien of the Indenture on
      the
      Trust Indenture Estate has been released, no term of the Lease shall be amended
      without the consent of the Indenture Trustee, and

     

    WHEREAS,
      pursuant to Section 8.02 of the Indenture, the Indenture Trustee has, as
      instructed by the Lessee and the Owner Trustee, consented to the amendments
      to
      the Lease set forth in this Lease Amendment, such amendments being to Amendable
      Sections, 

     

    NOW
      THEREFORE,
      in
      consideration of the premises and of such other good and valuable consideration,
      the receipt and sufficiency of which are hereby acknowledged, the parties hereto
      agree as follows:

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    Section
      1.  Definitions.  General Definitions. 
      Except as otherwise expressly provided herein or unless the context otherwise
      requires, capitalized terms used herein shall have the meanings set forth in
      Section 1 of the Lease.

     

    Section
      2.  Rent.   
      (a)        Section
      3(a)(i) of the Lease is hereby amended by deleting the first sentence thereof
      in
      its entirety and substituting therefore the following sentence:

     

    On
      each
      Rent Payment Date occurring during the Primary Term, the Lessee shall pay to
      the
      Lessor an installment of Basic Rent for the Lessor’s Undivided Interest in an
      amount equal to the scheduled amount payable on such date on the Secured
      Notes.

     

    (b)  Schedule
      1 to the Lease is hereby deleted.

     

    Section
      3.  Counterpart
      Execution. 
      This
      Lease Amendment may be executed by the parties hereto in separate counterparts,
      each of which when so executed and delivered shall be deemed an original, but
      all such counterparts shall together constitute but one and the same instrument.
      The single executed original of this Lease Amendment which provides that it
      is
      the “original counterpart” and which contains the receipt therefor executed by
      the Indenture Trustee on or immediately following the signature page thereof
      shall evidence the monetary obligations of the Lessee hereunder and thereunder.
      To the extent, if any, that this Lease Amendment constitutes chattel paper
      (as
      such term is defined in the Uniform Commercial Code as in effect in any
      applicable jurisdiction), no security interest in this Lease Amendment may
      be
      created by the transfer or possession of any counterpart thereof other than
      the
      original counterpart and containing the receipt therefor executed by the
      Indenture Trustee on or immediately following the signature page
      thereof.

     

    Section
      4.  Ratification
      of the Lease. 
      This Lease Amendment is an amendment to the Lease. As amended by this Lease
      Amendment, the Lease is in all respects ratified, approved and confirmed, and
      the Lease and this Lease Amendment shall together constitute one and the same
      instrument.

     

    Section
      5.  Governing
      Law. 
      This Lease Amendment has been delivered in, and shall in all respects be
      governed by and construed in accordance with, the laws of the State of Arizona
      applicable to agreements made and to be performed entirely within such state,
      including matters of construction, validity and performance.

     

    Section
      6.  Liabilities
      of Owner Participant. 
      Sections 23 and 30 of the Lease are hereby incorporated by reference
mutatis
      mutandis
      in this
      Lease Amendment.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the
      undersigned Lessee and Lessor have each caused this Lease Amendment to be duly
      executed and delivered and their corporate seals to be hereunto affixed and
      attested or witnessed by their respective officers thereunto duly authorized
      as
      of the day and year first above written.

     

    
      	 	
              TUCSON
                ELECTRIC POWER COMPANY,

              as
                Lessee

               

               

            
	 	
              By:

            	 
	 	 	
                Name:  
                Kevin P. Larson

                Title:    
                Senior Vice President and 

                                 
                Chief Financial Officer

            

    

    

    [seal]

    

    Attest:

    

    __________________________________

    Assistant
      Secretary

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    
      	 	 	
              WILMINGTON
                TRUST COMPANY,

              not
                in its individual capacity but solely as Owner Trustee under the
                Trust
                Agreement, as Lessor

               

               

            
	 	 	
              By:

            	 
	 	 	 	
              Name:

              Title:

            
	 	 	 	 
	
              [seal]

               

              Attest:

               

            	 	 	 
	 	 	 	 
	
              Title:

            	 	 	 
	
               

               

            	 	 
	 	 	
              WILLIAM
                J. WADE,

              not
                in his individual capacity but solely as Cotrustee under the Trust
                Agreement, as Lessor

            
	 	 	 	 
	
              Witness:

               

            	 	 	 
	 	 	 	 

    

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    Receipt
      of this original counterpart of the foregoing Amendment No. 1 to Lease Agreement
      is hereby acknowledged on this 26th day of June, 2006.

    

    
      	 	
              LASALLE
                BANK NATIONAL ASSOCIATION

              as
                Indenture Trustee

               

               

            
	 	
              By:

            	 
	 	 	
                Name:

                Title:

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    ACKNOWLEDGEMENTS
      TO LEASE AMENDMENT

    

    

    STATE
      OF
      ARIZONA   )

               )
      ss.:

    COUNTY
      OF
      PIMA   
)

    

    The
      foregoing instrument was acknowledged before me this 26th day of June, 2006,
      by
      _________________, _________________ of TUCSON
      ELECTRIC POWER COMPANY,
      an
      Arizona corporation, on behalf of said corporation.

     

     

        _______________________

        Notary
      Public

    

    

    My
      Commission Expires:

    

    _____________________

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    STATE
      OF
      DELAWARE   )

               ) ss.:

    COUNTY
      OF
      NEW CASTLE     )

    

    The
      foregoing instrument was acknowledged before me this 26th
      day of
      June, 2006, by __________________, __________________ of WILMINGTON
      TRUST COMPANY,
      a
      Delaware banking corporation, on behalf of said corporation.

    
       

       

          _______________________

          Notary
        Public

      

      

      My
        Commission Expires:

      

      _____________________

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

         

      

    

    
      STATE
        OF
        DELAWARE   )

                 ) ss.:

      COUNTY
        OF
        NEW CASTLE     )

       

    

    The
      foregoing instrument was acknowledged before me this 26th
      day of
      June, 2006, by WILLIAM
      J. WADE,
      an
      individual.

    
       

       

          _______________________

          Notary
        Public

      

      

      My
        Commission Expires:

      

      _____________________

       

      
        
          
          

        

        
          8<PAGE>

                                                                   Exhibit 10.20

                                SUPPLY AGREEMENT

                      BETWEEN PGT INDUSTRIES, INC. ("PGT")
                              1070 TECHNOLOGY DRIVE
                                NOKOMIS, FL 34275
                                     (BUYER)

                                        &

                  E.I. DU PONT DE NEMOURS AND COMPANY (DUPONT)
              THROUGH ITS PACKAGING & INDUSTRIAL POLYMERS BUSINESS
                          BARLEY MILL PLAZA BUILDING 26
                                 P.O. BOX 80026
                              WILMINGTON, DE 19880
                                    (SELLER)

DURATION OF AGREEMENT
January 1,2006 to December 31, 2008

QUANTITY

DuPont agrees to sell, and PGT agrees to purchase, 100% of PGT's Polyvinyl
Butyral (PVB) sheeting requirements exclusively from DuPont.

For applications requiring high performance interlayers (e.g. DuPont
SentryGlas(R) Plus), PGT agrees to give preference to utilizing SentryGlas(R)
Plus (SGP) over competitive interlayers, assuming no cost penalty, quality or
technological disadvantage to PGT for doing so.

PGT also agrees to request DuPont Butacite(R) PVB as the preferred interlayer
for all (PVB) laminated glass purchased by PGT.

In the event of changes in PGT's customer demand or preference for particular
sizes, PGT agrees to purchase remaining Butacite(R) PVB sizes (slated to change)
already made by DuPont for PGT according to PGT product forecasts.

                                        1

<PAGE>

PRICE

Effective January 1, 2006 until December 31, 2008, PGT will agree to pay the
prices as outlined in the following table for DuPont interlayers:

<TABLE>
<CAPTION>
                                 INVOICE PRICE
           PRODUCT                  ($/FT2)
           -------              --------------
<S>                             <C>
Clear, 90-mil Butacite(R) PVB         *
Clear, 45-mil Butacite(R) PVB         *
Clear, 30-mil Butacite(R) PVB         *
White, 30-mil Butacite(R) PVB         *
   SentryGlas(R)Plus            (Attachment A)
</TABLE>

For years two (2) and three (3) of this Agreement,if raw material prices change
drastically versus the conditions present at the time this agreement was made,
DuPont and PGT may negotiate any such drastic movement of raw material prices
to determine what actions may be necessary to remedy the situation which would
be appropriate and mutually acceptable in the circumstances.

Should the parties be unable to reach a mutually satisfactory solution within
thirty (30) days following the request, they shall then submit the matter to the
personal consideration of their respective Business Leaders who shall meet
within thirty (30) days thereafter in order to discuss and achieve a mutually
satisfactory solution. Should the latter fail to achieve a satisfactory
solution, the affected party shall be entitled to request termination of the
Agreement by giving reasonable notice, and such termination shall be effective
one hundred eighty (180) days after notice of termination sent to the other.
                                    *
All goods or services ordered by PGT are placed only through a valid purchase
order. PGT will not issue nor pay for any verbal purchase order.

If not specified in this Agreement, than current DuPont Standard Conditions of
Sale apply.

MINIMUMS

For Butacite(R) PVB, minimum released quantity is         *
PGT agrees to work with DuPont to minimize freight costs.

TRANSPORTATION

Butacite(R) PVB: FOB Destination; freight prepaid by DuPont
SentryGlas(R) Plus: Per Price List (attached)

TERMS

Payment terms are   *    net 30 days for Butacite(R) PVB and SentryGlas(R) Plus.

* Denotes confidential portions of this agreement that have been omitted and
  filed separately with the Securities and Exchange Commission

                                        2

<PAGE>

TRIM RETURN

DuPont * for clear, clean trim returned to DuPont. Trim must be Butacite(R) PVB
only, clean, clear and free of foreign material. DuPont is the final decision
maker of whether the material meets the clean/clear/PVB standard. Trim * does
not apply to SentryGlas(R) Plus.

DuPont to bear shipping charges for both Butacite(R) PVB and SentryGlas(R) Plus
trim return.

LEAD TIMES

DuPont will use all reasonable commercial efforts to deliver ordered Butacite(R)
PVB to PGT within  *  from receipt of order.

DuPont will use all reasonable commercial efforts to deliver ordered
SentryGlas(R) Plus to PGT per published lead times (approximately  *   weeks)
from receipt of order.

PGT will supply forecasts, as requested by DuPont, showing anticipated or
expected product mix (size and quantity) to be ordered.

INVENTORY

DuPont will use all reasonable commercial efforts to stock Butacite(R) PVB in
either DuPont's contracted Florida warehouse (currently located in Orlando, FL)
or DuPont's North Carolina warehouse for use at PGT in Florida and/or North
Carolina, consistent with meeting PGT delivery requirements.

DuPont will use all reasonable commercial efforts to stock SentryGlas(R) Plus
in DuPont's warehouse located in Fayetteville, NC, for use at PGT, consistent
with meeting PGT delivery requirements.

CONFIDENTIALITY AGREEMENT

PGT and DuPont agree to have a signed confidentiality agreement signed by an
authorized representative of each company.

COMPETITIVE REQUIREMENTS

DuPont agrees to remain competitive with respect to PVB technology with any
supplier of the same or similar good during the term of this Agreement. Should
another supplier demonstrate PVB technology which yields finished laminates of
equal or better quality, throughput, or performance to PGT during the course of
this Agreement, PGT may notify DuPont in writing of such technology and request
that DuPont replicate such PVB technology and/or deliver equal or better
advantages to PGT by any other means, provided such replication would not
violate any proprietary rights of any other party. Written notification to
DuPont shall be accompanied by whatever information is available to PGT
regarding such technology which is not proprietary to PGT or any other party
and which PGT is not prohibited from disclosing so that DuPont can evaluate the
viability of the proposal, and advantages realized by PGT through the use of the
new technology.

DuPont shall have sixty (60) days after receipt of notice to provide its
detailed remedy and commitment to make the PVB sheeting competitive per PGT's
written notification. If DuPont is unable to provide such commitment within
such period, the parties agree to meet, review and discuss the situation to
determine what actions may be necessary to remedy the situation which would be
appropriate and mutually acceptable in the circumstances. Should the parties be
unable to reach a mutually satisfactory solution, they shall then submit the
matter to the personal consideration of their respective Business Leaders who
shall meet within thirty (30) days thereafter in order to discuss and achieve a
mutually satisfactory solution. Should the latter fail to achieve a
satisfactory solution, PGT agrees to notify DuPont in writing of PGT's intent
to use the technologically-improved PVB and the affected volume. After one
hundred eighty (180) days from initial notification, PGT shall be entitled to
reduce its purchase commitment to DuPont, as defined in this Agreement, by an
amount not to exceed the capability of competition to supply said PVB product
with improved technology as discussed above, and for such time until DuPont
demonstrates such PVB technology, or the term of this Agreement is reached,
whichever comes first.

---------
* Denotes confidential portions of this agreement that have been omitted and
  filed separately with the Securities and Exchange Commission

                                        3

<PAGE>

QUALITY

DuPont will use all reasonable commercial efforts to meet minimum PGT quality
procedures.

DuPont agrees not to make material changes to the composition of the Material
from that present when the Material was originally approved by PGT, without
PGT's prior written consent, which consent shall not be unreasonably withheld.
Materiality of such changes shall be determined solely by DuPont. PGT may
request samples of the changed material upon notification of a change from
DuPont. Additional samples may be required for third party testing.

DuPont must supply copies of corrective action reports to PGT. DuPont will honor
returns and credits in a timely manner for any non-conforming, defective
material.

PGT may perform quality audits at DuPont at PGT's discretion, upon reasonable
advance notice to DuPont, and PGT's agreement to comply with DuPont site
regulations. A supplier performance evaluation will be given by PGT at least
twice a year. DuPont will be rated on deliveries, quality, service/warranty and
sales representation. Total possible points are 100. Scores of 95 to 100 are
considered to be preferred vendors. Scores of 90 to 94 mean that the supplier
has areas in need of improvement. Scores of 85 to 89 are only fair and means
that the vendor must put a documented improvement program in place. No vendor
will continue to do business with PGT if they have an unacceptable rating of 84
and below on successive evaluations, on a 6 month basis.

DuPont agrees to provide Butacite(R) PVB sheeting on plastic cores and to use
returnable packaging when possible. DuPont agrees to provide return shipment* to
PGT for the returnable and reusable packaging materials.

                                       4

* Denotes confidential portions of this agreement that have been omitted and
  filed separately with the Securities and Exchange Commission
<PAGE>

TERMINATION OF SUPPLY AGREEMENT

This contract may be terminated upon notice as set forth below by either party
to the other party for the following causes:

     1.   By the other party if one party materially breaches this contract and
          does not use reasonable efforts to cure the breach, and in any event
          has not cured the breach within 180 days after written notice from the
          other party.

     2.   Immediately by notice to the other party upon the bankruptcy or
          insolvency of the other party.

     3.   Upon notice, if one party sells all or substantially all its business
          which is the subject matter of this contract, to a competitor of the
          other party.

Either party shall be entitled to suspend performance of his obligations under
the Agreement to the extent that such performance is impeded or made
unreasonably onerous by any of the following circumstances: Industrial disputes
and any other circumstance beyond the control of the parties such as fire, war
(whether declared or not), extensive military obligation, insurrection, seizure,
embargo, restrictions in the use of power and defects or delays in deliveries by
sub-contractors caused by any circumstances referred to in this clause. The
party claiming to be affected by Force Majeure shall notify the other party in
writing without delay on the intervention and on the cessation of such
circumstance. Either party is entitled to terminate the Agreement by notice in
writing to the other party if performance of the Agreement is suspended under
Force Majeure for more than three (3) months.

ASSIGNMENT

This contract is assignable to a third party purchasing all or substantially all
of the business interests, either by purchase of assets or equity, which is the
subject matter of this contract, upon advance, written consent of the other
party.

GENERAL

DuPont and PGT agree to commit resources and jointly work to deliver
manufacturing yield improvements related to fabricating laminated glass with
DuPont interlayers.

/s/ Brad Voss                           /s/ Rita Graham
-------------------------------------   ----------------------------------------
Brad Voss                               Rita Graham
Director of Materials Management        Purchasing Manager
PGT Industries                          PGT Industries

/s/ Steven J. Mirshak         2/27/06
-------------------------------------
E. I. du Pont de Nemours and Company
Packaging & Industrial Polymers
Steven J. Mirshak
Global Sales and Technical Service
Manager
Glass Laminating Products

                                        5

<PAGE>

                                  ATTACHMENT(S)

                                        6

<PAGE>

                            DuPont SentryGlas(R) Plus

                              STRUCTURAL INTERLAYER

                              PRICE LIST (AMERICAS)

                           EFFECTIVE: DECEMBER 1, 2005
                          REPLACES LIST: JUNE 15, 2003

60 mil(1.52mm)

<TABLE>
<CAPTION>
                 STANDARD DIMENSIONS   MINIMUM      1/2 STANDARD      STANDARD OFFERING
                   PER SQUARE FOOT
                   PER SQUARE METER       *              *                    *
                 -------------------   -------   ------------------   -----------------
                    Inches (Meters)              # of Sheets/Pallet
<S>              <C>                   <C>       <C>                  <C>
4 foot wide               *               *              *                    *

5 foot wide               *               *              *                    *

6 foot wide               *               *              *                    *

7 foot wide               *               *              *                    *
</TABLE>

90 mil(2.28 mm)

<TABLE>
<CAPTION>
                 STANDARD DIMENSIONS   MINIMUM      1/2 STANDARD      STANDARD OFFERING
                   PER SQUARE FOOT
                   PER SQUARE METER       *              *                    *
                 -------------------   -------   ------------------   -----------------
                    Inches (Meters)              # of Sheets/Pallet
<S>              <C>                   <C>       <C>                  <C>
3 foot wide              *                *              *                    *

42" wide                 *                *              *                    *
</TABLE>

Doc. Ref. GLS050914_1, v2, October 2005, Page 1
Copyright 2005 E.I. du Pont de Nemours and Company, Inc.

* Denotes confidential portions of this agreement that have been omitted
  and filed separately with the Securities and Exchange Commission
<PAGE>

                                                  DuPont P&IP Price List, Page 2

90 mil(2.28 mm) Continue

<TABLE>
<CAPTION>
                 STANDARD DIMENSIONS   MINIMUM      1/2 STANDARD      STANDARD OFFERING
                   PER SQUARE FOOT                 (12% DISCOUNT)       (18% DISCOUNT)
                   PER SQUARE METER       *               *                   *
                 -------------------   -------   ------------------   -----------------
                    Inches (Meters)              # of Sheets/Pallet
<S>              <C>                   <C>       <C>                  <C>
4 foot wide               *               *              *                    *

5 foot wide               *               *              *                    *

6 foot wide               *               *              *                    *

7 foot wide               *               *              *                    *
</TABLE>

100 mil(2.54mm)

<TABLE>
<CAPTION>
                 Standard Dimensions   Minimum      1/2 Standard      Standard Offering
                   Per square foot                  (9% discount)       (13% discount)
                   Per square meter       *               *                   *
                 -------------------   -------   ------------------   -----------------
                    Inches (Meters)              # of Sheets/Pallet
<S>              <C>                   <C>       <C>                  <C>
4 foot wide               *               *               *                   *

5 foot wide               *               *               *                   *

6 foot wide               *               *               *                   *
</TABLE>

Typical Lead Times
Stock sizes -*
Cut-to-Size-*
Cut-to-Exact Fit-*
Note: Lead time may be longer for unforecasted or complex orders.

Doc. Ref. GLS050914_1, v2, October 2005, Page 2
Copyright 2005 E.I. du Pont de Nemours and Company, Inc.

* Denotes confidential portions of this agreement that have been omitted and
  filed separately with the Securities and Exchange Commission

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