Document:

Operating and Power Sales Agreement

			
	 	 	Exhibit 10.1
		
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	 

  

 Operating and Power Sales Agreement 
  
 Among 
  
 Virginia Electric and Power Company, 
  
 New Dominion Energy Cooperative 
  
 And 
  
 Old Dominion Electric Cooperative 
  
 Dated: As of October 12, 2004 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	 Original Sheet No.
 1

  

 TABLE OF CONTENTS 
  

							
	ARTICLE I	  	DEFINITIONS	  	9
				
	 	  	1.01	    	Agreement	  	9
	 	  	1.02	    	Alternate Power Source	  	9
	 	  	1.03	    	Auction Revenue Rights	  	9
	 	  	1.04	    	Buyer	  	9
	 	  	1.05	    	Capability	  	9
	 	  	1.06	    	Clover Facilities	  	9
	 	  	1.07	    	Clover Operating Agreement	  	10
	 	  	1.08	    	Clover Ownership Interest	  	10
	 	  	1.09	    	Clover Purchase, Construction and Ownership Agreement	  	10
	 	  	1.10	    	Clover Unit(s)	  	10
	 	  	1.11	    	Common Facilities	  	10
	 	  	1.12	    	Competitive Service Provider	  	10
	 	  	1.13	    	Congestion Relief Rights	  	10
	 	  	1.14	    	Cooperative(s)	  	11
	 	  	1.15	    	Cooperative System	  	11
	 	  	1.16	    	Delivery Points	  	11
	 	  	1.17	    	Displacement Reserve Energy	  	11
	 	  	1.18	    	Dominion Virginia Power	  	11
	 	  	1.19	    	Dominion Virginia Power Control Zone	  	11
	 	  	1.20	    	Dominion Virginia Power System	  	11
	 	  	1.21	    	Economy Energy	  	11
	 	  	1.22	    	Effective Date	  	12
	 	  	1.23	    	EPT	  	12
	 	  	1.24	    	Events of Default	  	12
	 	  	1.25	    	Executive Committee	  	12
	 	  	1.26	    	FERC	  	12
	 	  	1.27	    	Financial Transmission Rights	  	12
	 	  	1.28	    	Fixed Monthly A&G Fee	  	12
	 	  	1.29	    	Generator Interconnection Points	  	12
	 	  	1.30	    	Interest Rates.	  	12
	 	  	1.31	    	Major Spare Parts	  	13
	 	  	1.32	    	Members	  	13
	 	  	1.33	    	Monthly Reserve Energy Charge	  	13
	 	  	1.34	    	New Dominion	  	13
	 	  	1.35	    	North Anna A&G Costs	  	13
	 	  	1.36	    	North Anna Facilities	  	13
	 	  	1.37	    	North Anna Operating Committee	  	13
	 	  	1.38	    	North Anna Unit(s)	  	13
	 	  	1.39	    	Nuclear Fuel	  	14
	 	  	1.40	    	Nuclear Fuel Agreement	  	14
	 	  	1.41	    	Off-Peak Period	  	14
	 	  	1.42	    	Old Dominion	  	14
	 	  	1.43	    	Old Dominion Accredited Non-firm Energy	  	14
	 	  	1.44	    	Old Dominion Delivered SEPA Energy	  	14
	 	  	1.45	    	Old Dominion Energy	  	14

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	 Original Sheet No.
 2

  

							
	 	  	1.46	    	Old Dominion Monthly Accredited Firm Capacity	  	15
	 	  	1.47	    	Old Dominion Monthly Accredited Non-firm Capacity	  	15
	 	  	1.48	    	Old Dominion Monthly Clover Capacity	  	15
	 	  	1.49	    	Old Dominion Delivered SEPA Capacity	  	15
	 	  	1.50	    	Old Dominion Monthly North Anna Capacity	  	15
	 	  	1.51	    	Old Dominion North Anna Energy	  	15
	 	  	1.52	    	Old Dominion’s North Anna Percentage Ownership Interest	  	15
	 	  	1.53	    	Old Dominion Peaking Generation	  	16
	 	  	1.54	    	Old Dominion Reserve Capacity	  	16
	 	  	1.55	    	Old Dominion Reserve Energy	  	16
	 	  	1.56	    	On-Peak Period	  	16
	 	  	1.57	    	Open Access Transmission Tariff	  	16
	 	  	1.58	    	Operating Inventory	  	16
	 	  	1.59	    	Parties	  	17
	 	  	1.60	    	PJM	  	17
	 	  	1.61	    	PJM South	  	17
	 	  	1.62	    	Planning and Administration Committee	  	17
	 	  	1.63	    	Prudent Utility Practices	  	17
	 	  	1.64	    	Purchase, Construction and Ownership Agreement	  	17
	 	  	1.65	    	Replacement Energy	  	17
	 	  	1.66	    	Reserve Capacity Charge	  	18
	 	  	1.67	    	SEPA	  	18
	 	  	1.68	    	Supplemental Energy	  	18
	 	  	1.69	    	Support Facilities	  	18
	 	  	1.70	    	System Loss Percentage	  	18
	 	  	1.71	    	System Reserve Margin	  	18
	 	  	1.72	    	Wholesale Power Contracts	  	18
			
	ARTICLE II	  	NORTH ANNA OPERATING COMMITTEE	  	19
				
	 	  	2.01	    	North Anna Operating Committee	  	19
	 	  	2.02	    	Meetings and Voting Rights	  	19
	 	  	2.03	    	Duties of Operating Committee	  	19
	 	  	2.04	    	Expenses of Operating Committee	  	20
	 	  	2.05	    	Resolution of Disputes	  	20
			
	ARTICLE III	  	PLANNING AND ADMINISTRATION	  	21
				
	 	  	3.01	    	Planning and Administration Committee	  	21
	 	  	3.02	    	Meetings	  	21
	 	  	3.03	    	Duties of the Planning and Administration Committee	  	21
	 	  	3.04	    	Exchange of Information	  	22
	 	  	3.05	    	Expenses of the Planning and Administration Committee	  	22
	 	  	3.06	    	Resolution of Disputes	  	22
	 	  	3.07	    	SEPA Contract	  	23
			
	ARTICLE IV	  	INTERCONNECTION AND PROTECTION OF SYSTEMS	  	24
				
	 	  	4.01	    	Obligation for Adequate Facilities	  	24
	 	  	4.02	    	Protection of Systems	  	24

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	 Original Sheet No.
 3

  

							
	ARTICLE V	  	DOMINION VIRGINIA POWER’S AUTHORITY AND RESPONSIBILITY WITH RESPECT TO OLD DOMINION’S NORTH ANNA GENERATION	  	25
				
	 	  	5.01	    	Dominion Virginia Power as Agent of Old Dominion	  	25
			
	ARTICLE VI	  	TRANSMISSION SERVICES	  	28
				
	 	  	6.01	    	Responsibility for Network Integration Transmission Service and Ancillary Services	  	28
	 	  	6.02	    	Settlement for Ancillary Services	  	28
	 	  	6.03	    	Congestion Relief Rights	  	29
	 	  	6.04	    	SEPA Capacity Transmission Service	  	31
			
	ARTICLE VII	  	ENTITLEMENTS TO CAPACITY AND ENERGY	  	32
				
	 	  	7.01	    	Entitlements of the Parties to Capacity and Energy	  	32
			
	ARTICLE VIII	  	SUPPLEMENTAL ENERGY	  	33
				
	 	  	8.00	    	Supplemental Energy Transactions	  	33
	 	  	8.01	    	Offer and Acceptance of Supplemental Energy.	  	33
	 	  	8.02	    	Quantity of Energy Sold	  	35
	 	  	8.03	    	Settlement with Dominion Virginia Power	  	35
	 	  	8.04	    	Quantity of Supplemental Energy Sold.	  	36
	 	  	8.05	    	Bidding, Scheduling and Dispatch of Old Dominion Resources Other Than Old Dominion Peaking Generation.	  	38
	 	  	8.06	    	Bidding, Scheduling and Dispatch of Old Dominion Peaking Generation.	  	38
	 	  	8.07	    	Additional Cooperative Responsibilities.	  	40
	 	  	8.08	    	Metering and Telemetry Requirements	  	40
	 	  	8.09	    	Generation Costs	  	40
	 	  	8.10	    	Load Gain/Loss Notification	  	41
	 	  	8.11	    	PJM Billing.	  	41
	 	  	8.12	    	Provision of Information.	  	41
			
	ARTICLE IX	  	RESERVE CAPACITY AND ENERGY	  	43
				
	 	  	9.00	    	Sales of Reserve Capacity and Energy	  	43
	 	  	9.01	    	Reserve Capacity and Energy and Charges Therefor Related to the North Anna Facilities and Clover Facilities	  	43
	 	  	9.02	    	Reserve Capacity and Reserve Capacity Charges for Jointly Planned Generation Resources	  	46
			
	ARTICLE X	  	BILLING	  	47
				
	 	  	10.01	    	Billing Methods	  	47
	 	  	10.02	    	Rendering Bill	  	47
	 	  	10.03	    	Payment	  	47
	 	  	10.04	    	Methods of Payment	  	47
	 	  	10.05	    	No Arbitration; Resolution of Disputes	  	48
	 	  	10.06	    	Billing Adjustments	  	49
	 	  	10.07	    	Credit Requirements	  	49

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	 Original Sheet No.
 4

  

							
	ARTICLE XI	  	OPERATING COSTS	  	51
				
	 	  	11.01	    	Operating Costs.	  	51
	 	  	11.02	    	Nuclear Fuel Costs	  	53
			
	ARTICLE XII	  	ACCOUNTING MATTERS AND ACCESS TO BOOKS AND RECORDS	  	54
				
	 	  	12.01	    	Responsibility and Method of Accounting	  	54
	 	  	12.02	    	Right to Inspect Records, Etc.	  	54
	 	  	12.03	    	Confidentiality	  	56
			
	ARTICLE XIII	  	LIABILITY, SERVICE INTERRUPTIONS AND FORCE MAJEURE	  	58
				
	 	  	13.01	    	Liability.	  	58
	 	  	13.02	    	Responsibility on Either Side of Generator Interconnection Points and Delivery Points	  	59
	 	  	13.03	    	Force Majeure	  	60
	 	  	13.04	    	Remedy	  	61
			
	ARTICLE XIV	  	REPRESENTATIONS AND WARRANTIES	  	62
				
	 	  	14.01	    	Representations and Warranties of Dominion Virginia Power	  	62
	 	  	14.02	    	Representations and Warranties of the Cooperatives.	  	63
	 	  	14.03	    	Conditions Precedent	  	64
			
	ARTICLE XV	  	TERM OF AGREEMENT	  	65
				
	 	  	15.01	    	Term	  	65
	 	  	15.02	    	Early Termination of Specified Provisions	  	65
			
	ARTICLE XVI	  	FILING WITH FERC	  	67
			
	ARTICLE XVII	  	DEFAULT	  	68
				
	 	  	17.01	    	Event of Default	  	68
	 	  	17.02	    	Dominion Virginia Power’s Rights on Default of a Cooperative	  	69
	 	  	17.03	    	The Cooperatives’ Rights on Default of Dominion Virginia Power	  	71
	 	  	17.04	    	Disputes Concerning Default	  	72
	 	  	17.05	    	Additional Obligations	  	72
	 	  	17.06	    	Injunctive Relief	  	72
	 	  	17.07	    	No Remedy Exclusive	  	73
	 	  	17.08	    	Agreement to Pay All Costs to Cure Default.	  	73
	 	  	17.09	    	General Covenant by the Parties	  	73
			
	ARTICLE XVIII	  	MISCELLANEOUS	  	74
				
	 	  	18.01	    	No Delay	  	74
	 	  	18.02	    	Further Documentation	  	74
	 	  	18.03	    	Notice	  	74
	 	  	18.04	    	Headings Not to Affect Meaning	  	75
	 	  	18.05	    	No Association, Trust, Joint Venture or Partnership; Tax Matters	  	75
	 	  	18.06	    	Assignment	  	76
	 	  	18.07	    	Counterparts	  	77

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	 Original Sheet No.
 5

  

							
	 	  	18.08	    	Severability	  	78
	 	  	18.09	    	Applicable Law	  	78
	 	  	18.10	    	No Waiver	  	78
	 	  	18.11	    	Computation of Time	  	78
	 	  	18.12	    	Survivorship of Obligations	  	78
	 	  	18.13	    	Executive Committee	  	79
	 	  	18.14	    	Entire Agreement	  	79
	 	  	18.15	    	Non-Exclusive Agreement	  	79
	 	  	18.16	    	Relationship of the Parties	  	79
	 	  	18.17	    	Singular and Plural	  	80
	 	  	18.18	    	Good Faith	  	80
	 	  	18.19	    	Merger of Documents	  	80
	 	  	18.20	    	Limitations of Parties’ Rights to Seek Regulatory Review	  	80
			
	ARTICLE XIX	  	AMENDMENT	  	81
			
	APPENDIX A	  	COMMON FACILITIES	  	83
			
	APPENDIX B	  	MAJOR SPARE PARTS	  	86
			
	APPENDIX C	  	NORTH ANNA UNIT 1	  	92
			
	APPENDIX D	  	NORTH ANNA UNIT 2	  	93
			
	APPENDIX E	  	MEMBERS	  	94
			
	APPENDIX F	  	SUPPORT FACILITIES	  	95
			
	APPENDIX G	  	MONTHLY RESERVE ENERGY CHARGES	  	98
			
	APPENDIX H	  	DETERMINATION OF OLD DOMINION RESERVE ENERGY	  	100
			
	APPENDIX I	  	CHARGES FOR RESERVE CAPACITY	  	101
			
	APPENDIX J	  	CAPABILITY TABLE FOR MARSH RUN AND LOUISA FACILITIES	  	102
			
	APPENDIX K	  	DOMINION VIRGINIA POWER MONTHLY STATEMENT TO THE COOPERATIVES	  	103
			
	APPENDIX L	  	VIRGINIA POWER NORTH ANNA NUCLEAR STATION NUCLEAR PRODUCTION AND
MAINTENANCE EXPENSES	  	104

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 6

  

 This OPERATING AND POWER SALES AGREEMENT, dated as of October 12, 2004, and amending, restating, and
superseding the Interconnection and Operating Agreement Between Virginia Electric and Power Company and Old Dominion Electric Cooperative Dated: As of December 28, 1982, Amended and Restated October 17, 1983, as amended on July 29, 1997 and October
10, 2002, among VIRGINIA ELECTRIC AND POWER COMPANY (“Dominion Virginia Power”), a Virginia public service corporation with its principal office at One James River Plaza, Richmond, Virginia, and OLD DOMINION ELECTRIC COOPERATIVE (“Old
Dominion”), a Virginia utility aggregation cooperative with its principal office at 4201 Dominion Boulevard, Glen Allen, Virginia, and NEW DOMINION ENERGY COOPERATIVE (“New Dominion”), a Virginia utility aggregation cooperative with
its principal office at 4201 Dominion Boulevard, Glen Allen, Virginia (each, individually, a “Party,” together, the “Parties”), provides as follows: 
  
 WHEREAS, Dominion Virginia Power is a public service corporation engaged in furnishing electric utility service in portions
of Virginia and North Carolina, and as such owns and operates facilities for the generation, transmission and distribution of electricity within those states; and 
  
 WHEREAS, Old Dominion, a utility aggregation cooperative organized and existing under the laws of the Commonwealth of
Virginia and comprising, of among others, the Members, is charged with the responsibility of providing power and energy to its Members either through generation facilities owned by it or by the purchase of power and energy from others; and

  
 WHEREAS, Dominion Virginia Power has sold and Old Dominion has
purchased an ownership interest in the North Anna Facilities and the Nuclear Fuel used or to be used for the North Anna Facilities; and 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 7

  

 WHEREAS, Dominion Virginia Power, through the Interconnection and Operating Agreement Between
Dominion Virginia Power and Old Dominion Dated: December 28, 1982, as amended and restated October 17, 1983, July 29, 1997 and October 10, 2002 (“Interconnection and Operating Agreement”), agreed to operate Old Dominion’s portion of
such generation, supplying to it at the Generator Interconnection Points such electricity as is generated from Old Dominion’s portion of these facilities; and 
  
 WHEREAS, pursuant to this Agreement, Dominion Virginia Power will continue to operate Old Dominion’s portion of the
North Anna Facilities and supply such electricity as is generated from Old Dominion’s portion of these facilities at the interconnection between the North Anna Nuclear Power Station and the Dominion Virginia Power transmission system; and

  
 WHEREAS, Dominion Virginia Power and Old Dominion each hold a
fifty-percent undivided interest in the two unit, coal-fired Clover Power Station, and Dominion Virginia Power has agreed to operate and supply to Old Dominion such electricity that is generated from Old Dominion’s portion of that facility at
the interconnection between the Clover Power Station and the Dominion Virginia Power transmission system; and 
  
 WHEREAS, the Members and the other members of Old Dominion have formed, and are in the process of organizing and implementing, New Dominion to, among
other things, assume their ownership of and become the sole member of Old Dominion and to assume Old Dominion’s all-requirements wholesale power sales contracts with the Members and also to assume purchase contracts necessary to supply the
loads of the Members; and 
  
 WHEREAS, the Cooperatives will
require capacity and energy in an amount exceeding that available from Old Dominion’s portion of generation at North Anna and Clover and may desire to purchase supplemental electric service from Dominion Virginia Power, or from others, or to
construct and operate additional generation facilities of their own pursuant to the terms and conditions of this Agreement; and 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 8

  

 WHEREAS, Dominion Virginia Power has filed with the Virginia State Corporation Commission an
application for permission to join PJM, and PJM’s rules will apply to both Dominion Virginia Power and the Cooperatives as of the date on which Dominion Virginia Power joins PJM; and 
  
 WHEREAS, Dominion Virginia Power and the Cooperatives desire to enter into this Agreement which supersedes the
Interconnection and Operating Agreement and includes revised terms, conditions, and pricing under which Dominion Virginia Power will provide, among other things, the Cooperatives supplemental energy and reserve capacity and energy. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 9

  

 NOW, THEREFORE, in consideration of the premises and the mutual obligations hereafter stated, the
Parties hereto agree as follows: 
  
 ARTICLE I 

DEFINITIONS 
  
 The following definitions shall be included as part of this Agreement. Other terms used herein shall have the respective meanings set forth in the
Purchase, Construction and Ownership Agreement, the Nuclear Fuel Agreement, the Clover Agreements and the Open Access Transmission Tariff. 
  
 1.01 Agreement. This Operating and Power Sales Agreement dated as of October 12, 2004, among Dominion Virginia Power and the
Cooperatives. 
  
 1.02 Alternate Power Source.
Any source of energy that provides Displacement Reserve Energy. Dominion Virginia Power shall be an Alternate Power Source to the extent it supplies such energy on terms and conditions other than those set forth in this Agreement. 
  
 1.03 Auction Revenue Rights. The right to receive the
revenue from the Financial Transmission Rights auction provided for in the FERC Electric Tariff, Sixth Revised Volume No. 1 of the PJM Interconnection, L.L.C, or any successor tariff. 
  
 1.04 Buyer. Prior to the date New Dominion gives notice that it has undertaken the power purchase
rights and obligations under this Agreement, the term “Buyer” shall mean Old Dominion. On and after that date, the term “Buyer” shall mean New Dominion. 
  
 1.05 Capability. The net summer or winter (as applicable) rating of a generating unit or other power
supply resource, measured in megawatts, as determined in accordance with PJM criteria, provided that the Capability shall be no greater than the amount of Network Integration Transmission Service that is available from each generating plant.

  
 1.06 Clover Facilities. The coal-fired
generating units located in Halifax County, Virginia (“Clover”) designed as Clover Unit 1 and Clover Unit 2, and the related real property, equipment and facilities, as more specifically defined in the Clover Purchase, Construction and
Ownership Agreement, wherever located, that are properly chargeable to Clover Unit 1 or Clover Unit 2 under the Uniform System of Accounts. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 10

  

 1.07 Clover Operating Agreement. The Clover Operating Agreement Between Virginia
Electric and Power Company and Old Dominion Electric Cooperative Dated as of May 31, 1990. 
  
 1.08 Clover Ownership Interest. The respective fee simple undivided ownership interest, expressed as a percentage, in the Clover Facilities owned by each Party, as may be modified from time to
time pursuant to the Clover Agreements. 
  
 1.09 Clover
Purchase, Construction and Ownership Agreement. The Clover Purchase, Construction and Ownership Agreement Between Old Dominion Electric Cooperative and Virginia Electric and Power Company Dated as of May 31, 1990. 
  
 1.10 Clover Unit(s). Either or both of Unit 1 or Unit 2
at the Clover Facilities. 
  
 1.11 Common
Facilities. All those facilities, including but not limited to both real and personal property, exclusive of North Anna Unit 1, North Anna Unit 2, Support Facilities, Nuclear Fuel, Operating Inventory and Major Spare Parts which are
purchased, leased or otherwise obtained only in connection with the construction, operation and maintenance of more than one nuclear unit located at North Anna Nuclear Power Station. Common Facilities are more specifically described in Appendix A.

  
 1.12 Competitive Service Provider. A
person licensed by the Virginia State Corporation Commission to sell or offer to sell a competitive energy service within the Commonwealth of Virginia. 
  
 1.13 Congestion Relief Rights. Financial Transmission Rights and Auction Revenue Rights as defined by the PJM Agreements or any
successor rights which are intended to serve as a hedge against congestion costs. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 11

  

 1.14 Cooperative(s). Either or both of Old Dominion Electric Cooperative and New
Dominion Energy Cooperative. 
  
 1.15 Cooperative
System. The generation, transmission, distribution and other facilities owned or leased by the Cooperatives or the Members in Dominion Virginia Power Control Zone as shown on their books of account from time to time and located in the
area in which Dominion Virginia Power provides requirements service at wholesale or retail as of the Effective Date. 
  
 1.16 Delivery Points. The points at which power is delivered from the Dominion Virginia Power System to the Cooperative System. 

 
 1.17 Displacement Reserve Energy. The amount of
energy, at generation level, by which Buyer’s purchase of Old Dominion Reserve Energy from Dominion Virginia Power is reduced pursuant to Section 9.01(c). 
  

1.18 Dominion Virginia Power. Virginia Electric and Power Company, a Virginia public service corporation, and its successors and
assigns. 
  
 1.19 Dominion Virginia Power Control
Zone. The geographic area within which Dominion Virginia Power maintained its own control area prior to joining PJM. 
  
 1.20 Dominion Virginia Power System. The generation, transmission, distribution and other facilities owned by Dominion Virginia Power
within the Dominion Virginia Power Control Zone as shown on its books of accounts from time to time or facilities leased by Dominion Virginia Power within the Dominion Virginia Power Control Zone. 
  
 1.21 Economy Energy. Energy that Buyer has the right to
purchase from Dominion Virginia Power pursuant to Article VIII that Buyer instead purchases from sources other than Dominion Virginia Power. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 12

  

 1.22 Effective Date. The latest of (1) November 1, 2004, (2) the date on which
FERC permits this Agreement to become effective, if this Agreement is filed at FERC; or (3) the date on which Dominion Virginia Power becomes a member of PJM. 
  

1.23 EPT. Eastern prevailing time. 
  
 1.24 Events of Default. The events of default pursuant to Section 17.01 hereof. 
  
 1.25 Executive Committee. The committee as provided in
Section 18.13 hereof. 
  
 1.26 FERC. The
Federal Energy Regulatory Commission, including any successor governmental agency. 
  
 1.27 Financial Transmission Rights. The right to receive transmission congestion credits pursuant to the FERC Electric Tariff Sixth Revised Volume No. 1 of the PJM Interconnection, LLC or any
successor tariff.  
  
 1.28 Fixed Monthly
A&G Fee. The fixed amount of monthly North Anna A&G Costs to be paid by Old Dominion for administration and general services performed by Dominion Virginia Power on behalf of the North Anna plant and its employees, as
described in Section 11.01(b) and Appendix L. 
  
 1.29
Generator Interconnection Points. The points at which the Old Dominion generation resources are connected to the Dominion Virginia Power System. 
  
 1.30 Interest Rates. 
  

(a) Special Interest Rate. A rate per annum equal to the prime rate of J.P. Morgan Chase & Co., New York, New York, or its successor, in
effect from time to time plus three percentage points (3%). 
  
 (b) Regular Interest Rate. In the case of interest payments owing to Dominion Virginia Power or a Cooperative pursuant to this Agreement, an interest rate per annum equal to the prime rate of J.P. Morgan Chase & Co., or its
successor, as in effect from time to time. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 13

  

 1.31 Major Spare Parts. Those major items designated by the Parties that the
Parties keep in inventory for possible use in replacing similar items in units located not only at the North Anna Nuclear Power Station but also at other power stations. The parts that shall be designated as Major Spare Parts for purposes of this
Agreement shall be designated by the Parties in Appendix B. Thereafter, Major Spare Parts shall be designated by the North Anna Operating Committee established under Article II of this Agreement. The Major Spare Parts are further described, and the
methods of calculating the percentage ownership and cost responsibilities of the Parties in the Major Spare Parts are also included in Appendix B. 
  
 1.32 Members. Those cooperatives listed in Appendix E including their successors and assigns. 
  
 1.33 Monthly Reserve Energy Charge. The monthly charge
for Old Dominion Reserve Energy as calculated pursuant to Article IX and Appendix G hereof. 
  
 1.34 New Dominion. New Dominion Energy Cooperative, a Virginia utility aggregation cooperative, and its successors and assigns. 
  
 1.35 North Anna A&G Costs. Any administrative and general costs directly attributable to North Anna
pursuant to Article XI. 
  
 1.36 North Anna
Facilities. North Anna Unit 1, North Anna Unit 2, at the nuclear generating plant located in Louisa, Orange and Spotsylvania Counties, Virginia, and the associated Common Facilities, the Support Facilities, the Operating Inventory,
and the Major Spare Parts, but excluding nuclear fuel, which is the subject of the Nuclear Fuel Agreement. 
  
 1.37 North Anna Operating Committee. The committee (“Operating Committee”) as provided in Article II hereof. 
  
 1.38 North Anna Unit(s). Either or both of Unit 1 or
Unit 2 at the North Anna Facilities(more specifically described in Appendix C hereto), representing the cost of all additions, improvements, betterments and replacements thereto, but excluding the Common Facilities, the Support Facilities, the
Nuclear Fuel, the Operating Inventory and the Major Spare Parts. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 14

  

 1.39 Nuclear Fuel. For the purpose of this Agreement, Nuclear Fuel shall have the
meaning as defined in the Nuclear Fuel Agreement. 
  
 1.40
Nuclear Fuel Agreement. The Nuclear Fuel Agreement Between Virginia Electric and Power Company and Old Dominion Electric Cooperative Dated: As of December 28, 1982, Amended and Restated October 17, 1983. 
  
 1.41 Off-Peak Period. The hours that the Buyer does not
designate as the On-Peak Period pursuant to Section 8.01(e)(i) and (ii). 
  
 1.42 Old Dominion. Old Dominion Electric Cooperative, a Virginia utility aggregation cooperative, and its successors and assigns. 
  
 1.43 Old Dominion Accredited Non-firm Energy. The energy associated with the Old Dominion Monthly
Accredited Non-firm Capacity. 
  
 1.44 Old Dominion
Delivered SEPA Energy. The energy associated with the Old Dominion Delivered SEPA Capacity. 
  
 1.45 Old Dominion Energy. The combined Members’ energy requirements measured at the Delivery Points less Old Dominion Delivered
SEPA Energy, as such energy may be available from time to time, less energy supplied by Competitive Service Providers, at the Delivery Points with such difference being adjusted for losses to reflect energy at the generation level by multiplying by
the factor of 100 divided by 100 minus the System Loss Percentage. If PJM adopts a loss methodology different from the methodology that was in effect when the Parties executed this Agreement, the Parties shall make appropriate modifications to this
Agreement to reflect the new methodology. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 15

  

 1.46 Old Dominion Monthly Accredited Firm Capacity. Monthly firm capacity owned
or obtained by the Cooperatives and that is determined by the Planning and Administration Committee in accordance with Prudent Utility Practice as not requiring reserves. 
  
 1.47 Old Dominion Monthly Accredited Non-firm Capacity. Monthly non-firm capacity owned or obtained by
the Cooperatives and that is determined by the Planning and Administration Committee in accordance with Prudent Utility Practice as requiring reserves. 
  
 1.48 Old Dominion Monthly Clover Capacity. For each Clover Unit, the Capability of such unit multiplied by Old Dominion’s Clover
Ownership Interest. The total Old Dominion Monthly Clover Capacity shall be the sum of such capacity for Clover Unit 1 and Clover Unit 2. Such capacity shall be treated as Old Dominion Monthly Accredited Non-Firm Capacity. 
  
 1.49 Old Dominion Delivered SEPA Capacity. The total
megawatts of monthly capacity delivered at the Delivery Points in accordance with contract(s) between SEPA and Members. 
  
 1.50 Old Dominion Monthly North Anna Capacity. For each generating unit at the North Anna Nuclear Power Station, the Capability of
such unit multiplied by Old Dominion’s North Anna Percentage Ownership Interest. The total Old Dominion Monthly North Anna Capacity shall be the sum of such capacity for North Anna Units 1 and 2. 
  
 1.51 Old Dominion North Anna Energy. The energy
associated with Old Dominion Monthly North Anna Capacity. 
  
 1.52 Old Dominion’s North Anna Percentage Ownership Interest. Except as otherwise modified by the operation of Sections 15.03, 16.01 or 16.02 of the Purchase, Construction and Ownership Agreement, an undivided
ownership interest in the North Anna Facilities equal to 11.6% in each of North Anna Unit 1, North Anna Unit 2, the Common Facilities, the Operating Inventory and the Major Spare Parts, and a percentage in the Support Facilities as determined in
accordance with Appendix F. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 16

  

 1.53 Old Dominion Peaking Generation. The five-unit peaking generation
facilities of Old Dominion with an initial maximum summer generating capability of 459 MW and an initial maximum winter generating capability of 541 MW, located in Louisa County, Virginia and the three-unit peaking generation facilities of Old
Dominion with an initial maximum summer generating capability of 465 MW and an initial maximum winter generating capability of 567 MW, located at Marsh Run, Virginia. 
  
 1.54 Old Dominion Reserve Capacity. An amount in kilowatts equal to: the sum of (a) the actual Old
Dominion Monthly North Anna Capacity and (b) the actual Old Dominion Monthly Accredited Non-firm Capacity, such sum multiplied by the System Reserve Margin. 
  
 1.55 Old Dominion Reserve Energy. The total amount of energy at 100% capacity factor that could have been provided by Old Dominion
Monthly North Anna Capacity and any other Old Dominion Monthly Accredited Non-firm Capacity for which Dominion Virginia Power provides reserves when the resource is subject to full or partial outage conditions (planned, unplanned, scheduled or
unscheduled outages and including any deration of generation units), less Old Dominion Accredited Non-firm Energy that could have been produced but was not produced for economic dispatch reasons, less Old Dominion North Anna Energy, less Old
Dominion Accredited Non-firm Energy, less Displacement Reserve Energy. 
  
 1.56 On-Peak Period: The hours designated by Buyer pursuant to Section 8.01(e)(i) and (ii). 
  
 1.57 Open Access Transmission Tariff. Dominion Virginia Power’s Open Access Transmission Tariff, and any successors thereto,
including the transmission tariff of PJM Interconnection, LLC, filed with, accepted, and permitted to go into effect by FERC. 
  
 1.58 Operating Inventory. Equipment, spare parts, tools, goods and supplies (excluding Nuclear Fuel and Major Spare Parts) to be used
solely for the operation, maintenance or modification of the North Anna Units and recorded on Dominion Virginia Power’s books of accounts in accordance with the Uniform System of Accounts. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 17

  

 1.59 Parties. Dominion Virginia Power, Old Dominion and New Dominion.

  
 1.60 PJM. The Pennsylvania-New
Jersey-Maryland Interconnection, LLC. 
  
 1.61 PJM
South. The control area of Dominion Virginia Power as recognized by the North American Electric Reliability Council prior to the date on which Dominion Virginia Power joined PJM. 
  
 1.62 Planning and Administration Committee. The committee as provided in Article III hereof.

  
 1.63 Prudent Utility Practices. Any of
the practices, methods, and acts engaged in or accepted by a significant portion of the electric utility industry at the time the decision was made, or any of the practices, methods, and acts that, in the exercise of reasonable judgment in light of
the facts known at the time the decision was made, would have been expected to accomplish the desired result at a reasonable cost consistent with reasonable reliability, safety, expedition and protection of the environment. Prudent Utility Practices
are not intended to be limited to the optimum practices, methods, or acts to the exclusion of all others, but rather to a spectrum of possible practices, methods, or acts engaged in or accepted by a significant portion of the electric utility
industry at the time the decision was made. 
  
 1.64
Purchase, Construction and Ownership Agreement. The Purchase, Construction and Ownership Agreement Between Virginia Electric and Power Company and Old Dominion Electric Cooperative Dated: As of December 28, 1982 Amended and
Restated October 17, 1983. 
  
 1.65 Replacement
Energy. Energy supplied by Buyer that replaces energy that would have been supplied by Old Dominion Peaking Generation but for the circumstances specified in Section 8.04(b)(ii)(C) of this Agreement.  
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 18

  

 1.66 Reserve Capacity Charge. The monthly charge for Old Dominion Reserve
Capacity as determined pursuant to Appendix I hereof. 
  
 1.67
SEPA. The Southeastern Power Administration, including any successor governmental agency. 
  
 1.68 Supplemental Energy. Energy that Dominion Virginia Power supplies to meet the loads of the Members pursuant to Article VIII.

  
 1.69 Support Facilities. All those
facilities, wherever situated, including, but not limited to, both real and personal property, exclusive of Common Facilities, Nuclear Fuel, Operating Inventory and Major Spare Parts, which are purchased, leased or otherwise obtained for the
construction, operation and maintenance of one or more nuclear unit(s) located at the North Anna Nuclear Power Station and one or more nuclear unit(s) located at Dominion Virginia Power’s Surry Nuclear Power Station or at such other location as
Dominion Virginia Power may have an interest in any nuclear facility. Support Facilities, and investment and cost responsibilities of the Parties therefore, are more specifically described in Appendix F hereto. 
  
 1.70 System Loss Percentage. The losses, expressed as a
percentage, incurred on the Dominion Virginia Power System, calculated in accordance with the procedures of PJM in delivering capacity and energy from the generation level to the Delivery Points. 
  
 1.71 System Reserve Margin. The percent reserve margin
used in determining the Forecast Pool Requirement in accordance with the PJM South Reliability Assurance Agreement, as it may change from time to time, adjusted for PJM South zonal diversity.  
  
 1.72 Wholesale Power Contracts. The several wholesale
power contracts between Buyer and the Members for the purchase of electric energy and capacity by the Members from Buyer, as in effect from time to time. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 19

  

 ARTICLE II 
 NORTH ANNA OPERATING COMMITTEE 
  
 2.01 North Anna Operating Committee. To coordinate operations in carrying out the terms of this Agreement associated with the North Anna Facilities, Dominion Virginia Power will appoint four members and Old Dominion
will appoint two members to the North Anna Operating Committee (“Operating Committee”). Each member of the Operating Committee shall be fully authorized to act on behalf of its Party with respect to all matters contemplated by this
Agreement but will not be authorized to alter or amend this Agreement. Each Party shall notify the other in writing of the names of the persons who will serve as the members of the Operating Committee and, if desired, the names of any persons who
may serve as alternates when the members are unable to act. Dominion Virginia Power’s members may be changed, in Dominion Virginia Power’s sole discretion and from time to time, by at least ten (10) days’ prior written notice to Old
Dominion. Old Dominion’s members may be changed, in Old Dominion’s sole discretion and from time to time, by at least ten (10) days’ prior written notice to Dominion Virginia Power. 
  
 2.02 Meetings and Voting Rights. Meetings shall be held
at the discretion of the Operating Committee but at least shall be held semi-annually. Minutes of each meeting shall be kept and shall be approved by the Operating Committee at its next meeting. Decisions of the Operating Committee shall be made
upon vote by the Operating Committee with the voting power of each Party determined by its entitlement to the capability of North Anna Units 1 and 2 as provided in Section 2.03 of the Purchase, Construction and Ownership Agreement. 
  
 2.03 Duties of Operating Committee. The Operating
Committee shall, subject to Dominion Virginia Power’s authority and obligations under Article V and any other limitations in this Agreement, act upon those matters relating to the coordination of the operation of the North Anna Facilities
necessary for the implementation of this Agreement. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 20

  

 2.04 Expenses of Operating Committee. The expenses of each member of the
Operating Committee, and his alternative and associates, shall be borne by the Party he represents. Other expenses of the Operating Committee will be shared as agreed upon by the Operating Committee. Any expense not agreed to unanimously by the
Operating Committee shall be borne by the Party incurring it. 
  
 2.05 Resolution of Disputes. If any disputes should arise regarding the operating function that cannot be resolved by the Operating Committee, the dispute and the circumstances surrounding such dispute shall be
presented to the Executive Committee, which is empowered in Section 18.13 to resolve such disputes. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 21

  

 ARTICLE III 
 PLANNING AND ADMINISTRATION 
  
 3.01 Planning and Administration Committee. In order to carry out the terms of this Agreement, Dominion Virginia Power will appoint three members and the Cooperatives will appoint three members to the Planning and
Administration Committee. Each member of the Planning and Administration Committee shall be fully authorized to act on behalf of its Party with respect to all matters contemplated by this Agreement but will not be authorized to alter or amend the
Agreement. Each Party shall notify the other Parties in writing of the names of the persons who will serve as the members of the Planning and Administration Committee and, if desired, the names of any persons who may serve as alternates when the
members are unable to act. Dominion Virginia Power’s members may be changed in Dominion Virginia Power’s sole discretion and from time to time, by at least ten (10) days’ prior written notice to the Cooperatives. The
Cooperatives’ members may be changed, in the Cooperatives’ sole discretion and from time to time, by at least ten (10) days’ prior written notice to Dominion Virginia Power. 
  
 3.02 Meetings. Meetings shall be held at the discretion
of the Planning and Administration Committee but at least shall be held semi-annually. 
  
 3.03 Duties of the Planning and Administration Committee. 
  
 (a) The Planning and Administration Committee shall be responsible for the general administration of this Agreement in accordance with Prudent Utility
Practices. In addition, the Planning and Administration Committee may, but is not obligated to, consider joint planning of future generation facilities. The Planning and Administration Committee will also discuss new governmental regulations, issues
and changes in the industry in which the Parties have a mutual interest, establish committees required for the orderly administration of the Agreement but not specifically provided for in the Agreement, and address any other matter in which
cooperation, coordination or agreement is necessary. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 22

  

 (b) For the purposes of joint planning, the Cooperatives shall furnish Dominion Virginia Power
annually, prior to January 1, a forecast of their system loads for at least the succeeding ten (10) year period. Dominion Virginia Power shall furnish the Cooperatives annually, prior to January 1, a forecast of its system loads for at least the
succeeding ten (10) year period and its target reserve level. If either the Cooperatives or Dominion Virginia Power makes an official revision to the forecasts during the year, notification of such revision shall be given in writing to the other
Parties in a timely fashion. Each Party shall provide an explanation of any significant deviation from historic trends in its forecast. 
  
 (c) The Planning and Administration Committee shall establish bidding, scheduling, forecasting, administrative and operational practices related to the
matters set out in Article VIII and shall resolve any disputes that may arise related to those matters and other operational issues. 
  
 3.04 Exchange of Information. Each Party will make available to the other Parties, upon request, information used in, or useful to,
the administration of this Agreement. Other specific rights for information are covered in other parts of this Agreement. 
  
 3.05 Expenses of the Planning and Administration Committee. Each Party shall pay all expenses of its representatives. Other expenses
incurred by the committee will be shared as agreed upon by the Planning and Administration Committee. Any expense not agreed to unanimously by the Planning and Administration Committee shall be borne by the Party incurring it. 
  
 3.06 Resolution of Disputes. If any disputes relating to
the duties of the Planning and Administration Committee should arise that cannot be resolved by the Planning and Administration Committee, the dispute and the circumstances surrounding such dispute shall be presented to the Executive Committee,
which is empowered in Section 18.13 to resolve such disputes. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 23

  

 3.07 SEPA Contract. The Parties agree that if and when Dominion Virginia
Power’s contract with SEPA is changed from time to time, the Planning and Administration Committee shall recommend to the Parties such modifications in this Agreement as are necessary to conform with any such changes. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 24

  

 ARTICLE IV 
 INTERCONNECTION AND PROTECTION OF SYSTEMS 
  
 4.01 Obligation for Adequate Facilities. Dominion Virginia Power and the Cooperatives are each obligated to provide, on its own system or through this Agreement and other arrangements, generation
adequate to serve expected loads and to maintain all such facilities in a suitable condition of repair so that they may be operated in accordance with Prudent Utility Practices and not impose a burden on any other system.  
  
 4.02 Protection of Systems. The Cooperatives shall refrain
from, and shall require the Members to refrain from, any acts, transactions, and uses of equipment, appliances or devices which may have a significant adverse effect upon the reliability or characteristics of the Dominion Virginia Power System.
Dominion Virginia Power shall refrain and shall require its customers to refrain from any acts, transactions, and uses of equipment, appliances or devices which may have a significant adverse effect upon the reliability or characteristics of the
Cooperative System. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 25

  

 ARTICLE V 
 DOMINION VIRGINIA POWER’S AUTHORITY AND RESPONSIBILITY WITH 
 RESPECT TO 
 OLD DOMINION’S NORTH ANNA GENERATION 
  
 5.01 Dominion Virginia Power as Agent of Old Dominion. 
  
 (a) Old Dominion hereby appoints Dominion Virginia Power (such appointment shall be irrevocable for the term of this
Agreement and coupled with an interest) its sole agent, subject, however, to Old Dominion’s right of reasonable inspection through authorized representatives, to act on its behalf for the operation, maintenance, modifications and fueling
(including the procurement of Nuclear Fuel), of the North Anna Facilities and authorizes Dominion Virginia Power in the name of and on behalf of Old Dominion to take all reasonable actions which, in the discretion and judgment of Dominion Virginia
Power, are deemed necessary or advisable to effect the operation, maintenance, modifications and fueling (including the procurement of Nuclear Fuel) of the North Anna Facilities, including, without limitation, the following: 
  
 (i) the making of such agreements and modifications of
existing agreements and the taking of such other action as Dominion Virginia Power deems necessary or appropriate, in its sole discretion, or as may be required under the regulations or directives of such governmental bodies and regulatory agencies
having jurisdiction, with respect to the operation, maintenance, modifications and fueling (including the procurement of Nuclear Fuel) of the North Anna Facilities; 
  
 (ii) the execution and filing with such governmental bodies and regulatory agencies having jurisdiction over
applications, amendments, reports and other documents and filings for or in connection with licensing, operation and other regulatory matters with respect to the North Anna Facilities; and 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 26

  

 (iii) the receipt on Old Dominion’s behalf of any notice or other communication
from any governmental body or regulatory agency having jurisdiction as to any licensing, operation or other regulatory matter with respect to the North Anna Facilities. 
  
 (b) As relates to all third parties, this agency designation shall be binding on Old Dominion, and such appointment shall be
deemed in effect by each third party until termination of this Agreement pursuant to the terms hereof and until such third party receives written notification from Dominion Virginia Power of any termination thereof. 
  
 (c) Dominion Virginia Power accepts such appointment. In discharging all of
its duties and responsibilities hereunder, Dominion Virginia Power will act in good faith and in accordance with Prudent Utility Practices. Dominion Virginia Power’s duties and responsibilities shall include, but not be limited to, establishing
organizational structure and manpower requirements, maintaining an adequate work force through Dominion Virginia Power’s personnel administration policies, arranging and procuring necessary or desirable materials and services for operation of
the North Anna Facilities, determining scheduled outages for routine inspections, refueling and general maintenance, scheduling, dispatching and loading of the North Anna Facilities, preparing and filing applications, reports and other documents
relating to operation of the North Anna Facilities, establishing reasonable rules for visits to the North Anna Facilities, and determining the need for, and subsequently constructing, any capital additions or modifications to the North Anna
Facilities. 
  
 Dominion Virginia Power shall not, solely because
of Old Dominion’s ownership interest in the North Anna Facilities, make any adverse distinctions in operation, maintenance, modifications, fueling, scheduling, or dispatching as between the North Anna Facilities and any other generating unit or
facilities in which Dominion Virginia Power has an ownership interest. Nothing herein shall interfere with Dominion Virginia Power’s authority and responsibility for the 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 27

  

 operation of, maintenance of, modifications to, fueling of, and improvements to all of its other generation
facilities. Dominion Virginia Power shall make available upon request by Old Dominion regularly prepared monthly reports which contain specific information on all generating facilities including, but not limited to, operating expenses, maintenance
expenses, fuel expenses, generating statistics, fuel reports, operating statistics and other information reasonably available. Dominion Virginia Power will also have the right to submit data relating to operation of the North Anna Facilities to any
other entity. Old Dominion will make available all information or data necessary for Dominion Virginia Power to schedule and dispatch generation. 
  
 (d) Old Dominion agrees that it will take all necessary action in a prompt manner to execute any agreements for the operation, maintenance, modifications
and fueling of the North Anna Facilities as and when requested by Dominion Virginia Power to permit Dominion Virginia Power to carry out its authority and responsibilities pursuant to this Section 5.01. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 28

  

 ARTICLE VI 
 TRANSMISSION SERVICES 
  
 6.01 Responsibility for Network Integration Transmission Service and Ancillary Services. Buyer shall be the Transmission Customer under the Open Access Transmission Tariff for this Agreement, and shall pay for all its
costs associated with Network Integration Transmission Service and Ancillary Services under the Open Access Transmission Tariff, other than any Transmission Service and Ancillary Services that SEPA self-supplies or pays for and supplies to the
Members. 
  
 6.02 Settlement for Ancillary Services.

  
 (a) During the period in which Article VIII is in effect, the
Cooperatives and Dominion Virginia Power will settle, through monthly billing, credits and charges by PJM associated with the provision of Regulation Service and Spinning Reserves Service by North Anna and Clover. Dominion Virginia Power will
receive all credits and charges from PJM associated with the supply of Regulation Service and Spinning Reserves Service by the Old Dominion Monthly Clover Capacity and the Old Dominion Monthly North Anna Capacity. Dominion Virginia Power will credit
to Buyer a portion of PJM’s charges to the Cooperatives for Regulation Service and Spinning Reserves Service for the Old Dominion Energy. Buyer’s share of such credits in each hour shall equal the ratio of the output of energy in the hour
from the Old Dominion Monthly Clover Capacity, the Old Dominion Monthly North Anna Capacity and the Old Dominion Reserve Energy purchased from Dominion Virginia Power to the Old Dominion Energy multiplied by the hourly charge for Regulation Service
and Spinning Reserves Service paid by the Cooperatives to PJM for the Old Dominion Energy. 
  
 (b) During the period in which Article VIII is in effect, settlement for Operating Reserves for the Old Dominion Monthly Clover Capacity and the Old Dominion Monthly North Anna Capacity shall be as follows: (i)
Dominion Virginia Power shall receive all generator Operating 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 29

  

 Reserve Service credits and charges from PJM associated with the Old Dominion Monthly Clover Capacity and the Old
Dominion Monthly North Anna Capacity; and (ii) Dominion Virginia Power shall credit to Buyer a share of PJM’s charges to the Cooperatives for day-ahead Operating Reserve Service for the load of the Members. This credit shall be equal to the
ratio of the day ahead hourly scheduled energy from the Old Dominion Monthly Clover Capacity and the Old Dominion Monthly North Anna Capacity and the Old Dominion Reserve Energy purchased from Dominion Virginia Power to the hourly Old Dominion
Energy multiplied by the hourly charges to the Cooperatives for day-ahead Operating Reserve Service. Dominion Virginia Power shall bid energy from the Clover Facilities and the North Anna Facilities in the PJM day-ahead market. Alternatively, if
both Parties agree, the Cooperatives may transfer to Dominion Virginia Power through bilateral contracts the obligation for the supply of Regulation Service and Spinning Reserve Service and Operating Reserve Service for the portion of the load of
the Members that is served by Old Dominion’s ownership interests in North Anna and Clover and the purchase of Old Dominion Reserve Energy.  
  
 6.03 Congestion Relief Rights. This Article 6.03 shall be effective during the period in which Article VIII is in effect.

  
 (a) Dominion Virginia Power shall assume all congestion risk
and cost exposure, both positive and negative, in connection with the transmission of energy from the Old Dominion Monthly North Anna Capacity, the Old Dominion Monthly Clover Capacity and the Old Dominion Peaking Generation, including all
Replacement Energy priced at the respective generator LMP, to the loads of the Members and in connection with the supply of Old Dominion Reserve Energy and Supplemental Energy purchased from Dominion Virginia Power, in exchange for receiving the
monetary value of the Cooperatives’ Congestion Relief Rights for the Members other than Congestion Relief Rights related to the SEPA allocations of the Members. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 30

  

 (b) The Cooperatives will request Congestion Relief Rights that are associated with the loads of the
Members (less Congestion Relief Rights associated with SEPA) that are allocated by PJM at no cost to the Cooperatives for load in the Dominion Virginia Power Control Zone as directed by Dominion Virginia Power. Unless the Parties agree otherwise,
Dominion Virginia Power will not request that the Cooperatives bid for Congestion Relief Rights that require the Cooperatives to allocate credit facilities. Except as provided in this Section 6.03(b) and Section 6.03(c) the Cooperatives will use any
such Congestion Relief Rights as an offset to congestion costs. Buyer will settle with Dominion Virginia Power any differences between such Congestion Relief Rights and the congestion costs from Old Dominion generation to the loads of the Members.
Alternatively, if the Parties agree, they may use bilatereal agreements to achieve this objective. 
  
 (c) When Buyer purchases Economy Energy to serve the loads of Members, Buyer shall be responsible for payment of the congestion costs related to such
purchases, but Dominion Virginia Power shall reimburse Buyer for such congestion costs as follows: (i) Dominion Virginia Power shall pay to Buyer an amount determined by multiplying the value of the combined Congestion Relief Rights of Dominion
Virginia Power and the Cooperatives in the hour in which Buyer purchases Economy Energy for the Members by the ratio of such Economy Energy purchase to the sum of the loads of Dominion Virginia Power and the Members less loads served by SEPA and
Competitive Service Providers in the hour; and (ii) in any month, the amounts paid by Dominion Virginia Power to the Cooperatives in connection with transmission congestion associated with purchases of Economy Energy in bilateral transactions shall
not exceed the amount paid by the Cooperatives for congestion costs in connection with such purchases. If PJM calculates the congestion component of the load LMP the Parties may agree to utilize the calculated congestion instead of an allocation of
the value of the Combined Congestion Relief Rights in determining the amount of Dominion Virginia Power’s reimbursement to Buyer for congestion associated with purchases from the PJM LMP market. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 31

  

 (d) The Cooperatives shall coordinate with Dominion Virginia Power to assist it in the
planning, nomination and allocation process for purposes of mitigating transmission congestion for the Congestion Relief Rights planning period that includes the date on which service under this Agreement commences. Dominion Virginia Power shall
coordinate with the Cooperatives to assist them in the planning, nomination and allocation process for purposes of mitigating transmission congestion for any portion of a Congestion Relief Rights planning period that extends beyond the date on which
the Supplemental Energy provisions of Article VIII hereof terminate. 
  
 (e) Notwithstanding the foregoing: (i) If the Cooperatives purchase any Congestion Relief Rights in addition to those that Dominion Virginia Power directs them to obtain, the Cooperatives shall bear all of the risks and enjoy all the
benefits of such additional purchases; and (ii) Any procurement of Congestion Relief Rights by Dominion Virginia Power, other than the Congestion Relief Rights that are allocated to Dominion Virginia Power at no cost for the loads of its customers
in the Dominion Virginia Power Control Zone, shall be excluded from the calculations set out in Section 6.03(b) and (c). 
  
 6.04 SEPA Capacity Transmission Service. Old Dominion Delivered SEPA Capacity and Old Dominion Delivered SEPA Energy will be
transmitted to the Delivery Points pursuant to the Open Access Transmission Tariff.  
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 32

  

 ARTICLE VII 
 ENTITLEMENTS TO CAPACITY AND ENERGY 
  
 7.01 Entitlements of the Parties to Capacity and Energy. Subject to the provisions of Sections 15.03, 16.01 and 16.02 of the Purchase, Construction and Ownership Agreement, Old Dominion shall be
entitled to 11.6% of the capacity and energy from North Anna Units 1 and 2. Subject to the provisions of Sections 15.03, 16.01 and 16.02 of the Purchase, Construction and Ownership Agreement, Dominion Virginia Power shall be entitled to the balance
of the capacity and energy from each unit. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 33

  

 ARTICLE VIII 
 SUPPLEMENTAL ENERGY 
  
 8.00 Supplemental Energy Transactions. Dominion Virginia Power will sell and deliver and Buyer will purchase and receive Supplemental Energy at the Delivery Points as more specifically set forth in this Article VIII.

  
 8.01 Offer and Acceptance of Supplemental
Energy. 
  
 (a) Day-Ahead Schedule. If Buyer
desires to receive an offer from Dominion Virginia Power for Supplemental Energy, Buyer must provide to Dominion Virginia Power a schedule of its projected Supplemental Energy requirements and its designations of the On-Peak Period and the Off-Peak
Period not later than 8:00 AM EPT of the day prior to the date for physical delivery of Supplemental Energy. Buyer may provide schedules for any subsequent days as well, but once it has provided such advance schedules, it shall not revise them
without the consent of Dominion Virginia Power, which consent will not be unreasonably withheld. Buyer shall make reasonable efforts to base its schedule on its hourly load forecast for the day of delivery. If Buyer does not provide Dominion
Virginia Power a schedule by 8:00 AM EPT of the last day before the date for physical delivery, Dominion Virginia Power shall have no obligation to provide Supplemental Energy to Buyer for such day. 
  
 (b) Offer of Supplemental Energy. Not later than 8:45 AM EPT of each
day on which Buyer provides Dominion Virginia Power a schedule pursuant to Section 8.01(a), either Dominion Virginia Power may contact Buyer to offer Supplemental Energy for delivery on the next day (and any subsequent days as appropriate) or Buyer
may contact Dominion Virginia Power to request an offer price for Supplemental Energy. If Buyer requests an offer of Supplemental Energy for the next day (or subsequent days as appropriate), Dominion Virginia Power must make such an offer. If
neither Party contacts the other by 8:45 AM EPT of the day prior to the date on which power would be delivered, Dominion Virginia Power shall have no obligation to provide Supplemental Energy to Buyer for such day. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 34

  

 (c) Dominion Virginia Power’s Offer Price for Supplemental Energy. Any offer by Dominion
Virginia Power to provide Supplemental Energy shall be made at a price that is stated separately for the On-Peak Period and the Off-Peak Period that is identified as a fixed price or an indexed price. The price for Supplemental Energy shall not
exceed the Maximum Price for Supplemental Energy derived by the following formula: 
  
 Maximum Price for Supplemental Energy = (Heat Rate x Gas Index) + 
 Variable O&M and Start-up Charge

  
 Where: 
  
 Heat Rate = 7.2 MMBTU/MWH 
  
 Gas Index = Gas Daily midpoint price for Zone 6 NNY in dollars per
MMBTU (or if Gas Daily does not publish such price, a similar industry-based index price agreed upon by the Parties) in effect as of 10 a.m. on the day on which the energy is delivered. For purposes of the indexed price offer, the price offered
shall be an indicative price based on the price at which gas is trading at the time. The actual sales price with respect to the indexed price offer will be based on the published Gas Index price for the day on which the energy is delivered.

  
 Variable O&M and Start-up Charge = $4.00/MWH 

 
 (d) Buyer’s Response to the Offer Price. In any instance in
which Dominion Virginia Power makes an offer to provide Supplemental Energy, Buyer shall immediately inform Dominion Virginia Power as to whether, for either or both of the On-Peak Period and the Off-Peak Period, it accepts Dominion Virginia
Power’s offer to provide Supplemental Energy.  
  
 (e)
On-Peak Period and Off-Peak Period. 
  
 (i) For the months of June, July, August and September, Buyer shall designate, during each day-ahead call with Dominion Virginia Power, an On-Peak Period that shall be a minimum period of ten (10) consecutive clock hours during the calendar
day. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 35

  

 (ii) For the months of January, February, March, April, May, October, November and
December, Buyer shall designate, during each day-ahead call with Dominion Virginia Power, an On-Peak Period consisting of either (1) any ten (10) consecutive hours chosen by Buyer; or (2) the sixteen (16) consecutive hours between the hours of 7:00
A.M. and 11:00 P.M. EPT. 
  
 (iii) The Off-Peak
Period consists of any hours that are not included in the On-Peak Period. 
  
 8.02 Quantity of Energy Sold. For each On-Peak Period or Off-Peak Period as to which Buyer has accepted Dominion Virginia Power’s offer to provide Supplemental Energy, Dominion Virginia Power will
sell to Buyer a quantity of energy equal to the day-ahead schedule that Buyer provided to Dominion Virginia Power pursuant to Section 8.01(a). The Parties will schedule this sale with PJM as a bilateral transaction. 
  
 8.03 Settlement with Dominion Virginia Power. Dominion Virginia
Power and Buyer shall settle charges and credits for Ancillary Services pursuant to Section 6.02 and shall settle charges and credits for Congestion Relief Rights pursuant to Section 6.03. In addition, on a monthly basis, Buyer shall pay Dominion
Virginia Power a Supplemental Energy Fee, an Excess Energy Fee, a Reservation Fee, and a Contract Fee. The fees are as further described below: 
  
 (a) Supplemental Energy Fee: For each hour, the price for Supplemental Energy, as calculated pursuant to Section 8.01(c), multiplied by the
quantity of Supplemental Energy sold, as calculated pursuant to Section 8.04. 
  
 (b) Excess Energy Fee. For each hour, the real-time LMP for the Dominion Virginia Power load zone (or, if a separate load zone is established for the points of delivery to the Members, the Cooperatives’
load zone) multiplied by any energy that Dominion Virginia Power supplies to Buyer pursuant to Section 8.02 that exceeds the Supplemental Energy as calculated pursuant to Section 8.04. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 36

  

 (c) Reservation Fee. A monthly reservation fee of $1.19/ kW-Month multiplied by 550,000 kW, or
$654,500 per month, reduced as follows: In any hour in which Old Dominion’s bid of Old Dominion Peaking Generation is accepted by PJM in the day-ahead market or the Old Dominion Peaking Generation is dispatched in real time, the demand fee
shall be reduced by an amount equal to $14.00 multiplied by the greater of (i) the MWH of energy accepted in the day-ahead market from the Old Dominion Peaking Generation or (ii) the sum of the MWH of energy dispatched from the Old Dominion Peaking
Generation plus the MWH of any Replacement Energy supplied to serve the loads of the Members, but in neither case greater than the lower of 550 MW per hour or the remaining load that otherwise would have been served using Supplemental Energy.
Notwithstanding the foregoing, Dominion Virginia Power shall not make any net payment to the Cooperatives over the course of any contract year in connection with this reservation fee. 
  
 (d) Contract Fee. A monthly contract fee of $41,667.00. 
  
 8.04 Quantity of Supplemental Energy Sold. 
  
 (a) Limitation on Supplemental Energy to Buyer Schedule. The quantity of Supplemental Energy that Dominion Virginia
Power sells to Buyer in each hour shall be the lesser of the amount of Buyer’s schedule submitted to Dominion Virginia Power pursuant to Section 8.01 or the amount calculated in Section 8.04(b) below. 
  
 (b) Further Limitation on Hourly Sales of Supplemental Energy. The
quantity of Supplemental Energy that Dominion Virginia Power sells to Buyer in each hour shall be no greater than the amount derived from the following calculation. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 37

  

 (i) Calculate the lesser of (A) Old Dominion Energy; or (B) the sum of the Capability
of the Old Dominion Peaking Generation, the Old Dominion Monthly Clover Capacity and the Old Dominion Monthly North Anna Capacity. 
  
 (ii) Adjust the amount determined in (b)(i) above as follows: 
  
 (A) Subtract the total amount of energy that could have been delivered at 100% capacity factor from Old
Dominion Monthly North Anna Capacity and Old Dominion Monthly Clover Capacity;  
  
 (B) Subtract the greater of the following for the Old Dominion Peaking Generation: 
  
 (1) The amount of energy bid by the Cooperatives that PJM
accepted in the day-ahead market; or 
  
 (2) The
amount of energy that is dispatched in real time by PJM; 
  
 (C) If (1) the Cooperatives do not submit a bid to PJM for any Old Dominion Peaking Generation unit or any Old Dominion Peaking Generation unit is not available for dispatch or is not capable of producing energy at an
amount equal to its maximum seasonal net dependable capacity as set forth in Appendix J, as may be revised from time to time, and (2) the real-time LMP for the nodal point for that hour exceeds the price that the Cooperatives would have bid for the
unit based on Section 8.06(c) with start-up costs allocated over the unit’s minimum run time, subtract the amount of energy that PJM would have dispatched from the unit if it had been available or, in the case of a partial derate, subtract the
additional amount of energy that PJM would have dispatched from the unit if it had been fully available. A unit’s minimum run time equals the minimum run time used by the Cooperatives in bidding such unit into PJM. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 38

  

 8.05 Bidding, Scheduling and Dispatch of Old Dominion Resources Other Than Old Dominion Peaking
Generation. 
  
 (a) Bidding and Scheduling of Old
Dominion’s Base Load Generation: Dominion Virginia Power shall bid and dispatch the Old Dominion Monthly Clover Capacity and the Old Dominion Monthly North Anna Capacity into PJM in the same way as it bids and dispatches its own
shares of those units.  
  
 (b) SEPA Capacity and
Energy. The capacity and energy that SEPA allocates to the Members will be dispatched pursuant to other existing and future agreements. 
  
 (c) Cooperatives’ Load Management System. At Dominion Virginia Power’s request, the Cooperatives shall call on Bear Island Paper Company
(“BIPCO”) to reduce its load pursuant to the BIPCO agreement, if there is a BIPCO agreement in place that permits the Cooperatives to do so at the time. 
  
 8.06 Bidding, Scheduling and Dispatch of Old Dominion Peaking Generation. 
  
 (a) All Old Dominion Peaking Generation must be in commercial operation by
the Effective Date. 
  
 (b) Bidding and Scheduling
Practices. The Cooperatives shall bid and schedule the Old Dominion Peaking Generation into PJM in compliance with PJM requirements. 
  
 (c) Calculation of Bid Price: The Cooperatives shall calculate a bid price for each unit of the Old Dominion Peaking Generation for each hour,
regardless of whether the unit is available to produce energy. The Cooperatives’ calculation of the bid price shall be consistent with the PJM bidding rules and Cost Development Guidelines, excluding above-cost adders. The Cooperatives
shall make commercially reasonable efforts to minimize the bid price 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 39

  

 of the Old Dominion Peaking Generation. Appendix J includes some of the parameters that will be used in determining
the bid price. In addition to those parameters, the cost of fuel is a primary driver and will change the bid price from day to day. The cost of fuel to be used in the bid price will consist of three components: (i) the fuel price; (ii)
transportation cost of providing that fuel; and (iii) fuel imbalance risks that either can be predetermined or are measurable risk components. Fuel imbalance risk incorporates, among other things, the timing risk in the PJM rules due to gas
nominations having to be made prior to PJM’s determination of unit dispatch. Also, the real-time bid price may be different than the day-ahead bid price based on fuel supply and imbalance risk on an intra-day basis. 
  
 (d) Gas Supply. Dominion Virginia Power or any affiliate may make an
offer to the Cooperatives to supply gas for the Old Dominion Peaking Generation. If Dominion Virginia Power or any affiliate does so, the Cooperatives shall either accept the offer from Dominion Virginia Power for gas supply and use such pricing in
their calculation of the bid price pursuant to Section 8.06(c) or shall secure gas from other sources but submit bids to PJM no higher than bids based on the price at which Dominion Virginia Power or its affiliates offered to supply gas to the
Cooperatives. Any arrangement for the supply of gas to the Old Dominion Peaking Generation will be pursuant to a separate contract. No Dominion Virginia Power offer to supply gas to the Cooperatives will be manipulated to cause or attempt to cause
the Cooperatives to dispatch the Old Dominion Peaking Generation to serve the Members’ loads in the Dominion Virginia Power Control Zone differently than if this Agreement did not exist. 
  
 (e) Sharing of Margins on Dispatch of Old Dominion Peaking Generation.
The Cooperatives shall pay to Dominion Virginia Power an amount equal to (i) the amount by which the average Locational Marginal Price that the Cooperatives receive for Old Dominion Peaking Generation exceeds the average of the incremental operating
costs of the Old Dominion Peaking Generation units that were dispatched in the hour (including start-up costs, if 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 40

  

 applicable) multiplied by (ii) the amount, if any, by which the energy that was dispatched from the first 550 MW of
Old Dominion Peaking Generation exceeds the amount of such energy that was needed to serve the loads of the Members. 
  
 8.07 Additional Cooperative Responsibilities. 
  
 (a) Economy Energy: In any hour in which Buyer does not purchase Supplemental Energy from Dominion Virginia Power, Buyer shall be responsible for
the purchase of Economy Energy in an amount equal to the Supplemental Energy. Dominion Virginia Power has no obligation to supply such energy to Buyer pursuant to this Agreement. 
  
 (b) Each Party shall settle with PJM pursuant to its Operating Agreement with PJM. 
  
 (c) Capacity: The Cooperatives shall be responsible for all of their
PJM capacity obligations in the Dominion Virginia Power Control Zone. The Cooperatives shall designate the Old Dominion Monthly North Anna Capacity, the Old Dominion Monthly Clover Capacity, SEPA allocations of the Members if applicable, and the Old
Dominion Peaking Generation as Designated Capacity Resources. 
  
 8.08 Metering and Telemetry Requirements. The Cooperatives shall provide Dominion Virginia Power the totalized real-time load data, as it is made available, for the loads of the Members and for the Old Dominion Peaking
Generation in accordance with the generator interconnection and operation agreements for the Old Dominion Peaking Generation and in accordance with the requirements of PJM. The Cooperatives may authorize, in writing, the System Operations Center to
provide such data to Energy Supply. Such consent shall be consistent with the FERC Order No. 2004 Standards of Conduct. 
  
 8.09 Generation Costs. Each Party will be responsible for all costs, including fuel, associated with its own generation resources.

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 41

  

 8.10 Load Gain/Loss Notification. Consistent with Prudent Utility Practices, the
Cooperatives will notify Dominion Virginia Power in advance of any anticipated event that is expected to result in a material change in the loads of the Members; provided, however, that weather-related fluctuations in such loads are exempt from the
notice requirement. Such notice applies to large load customers (in excess of 5 MW) of the Members and any retail choice activity that results in a difference in load, notwithstanding any further rules and requirements as may be set forth to
accommodate retail access. 
  
 8.11 PJM Billing.

  
 (a) Dominion Virginia Power and the Cooperatives will develop
the appropriate mechanisms to analyze their PJM bills and to settle amounts between them on a monthly basis as necessary to preserve each Party’s respective costs and benefits as included in this Article VIII and Article VI. Each Party has the
right to receive the necessary information, including the appropriate PJM e-suite data, of the other Party in order to calculate and verify the PJM bills and billing adjustments under this Article VIII and Article VI. 
  
 (b) The provisions of this Article VIII relating to the charges for services
provided by PJM are based on the Parties’ understanding of the billing practices of PJM. If any Party notifies the other Parties that its understanding of PJM’s billing practices as reflected in this Article VIII and Article VI is
different from PJM’s actual practices, and asserts that such difference has an adverse effect on the notifying Party, the Parties shall address such issues in good faith to achieve the Parties’ original intent. 
  
 8.12 Provision of Information. 
  
 (a) Old Dominion shall provide to Dominion Virginia Power all unit, cost and
performance data for the Old Dominion Peaking Generation relevant to this Article VIII on an ongoing basis. Dominion Virginia Power shall perform adequate review and verification of such data. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 42

  

 (b) The Parties shall provide each other all of the information that is reasonably needed to
implement and administer this Article VIII, including but not limited to all information that is listed on Appendix J. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 43

  

 ARTICLE IX 
 RESERVE CAPACITY AND ENERGY 
  
 9.00 Sales of Reserve Capacity and Energy. Dominion Virginia Power will sell and deliver and Buyer will purchase and receive Reserve Capacity and Energy at the Generation Interconnection Points as more specifically set forth
in this Article IX. 
  
 9.01 Reserve Capacity and Energy and
Charges Therefor Related to the North Anna Facilities and Clover Facilities. 
  
 (a) During the term of this Agreement, Buyer will purchase and Dominion Virginia Power will provide Old Dominion Reserve Capacity for Old Dominion’s ownership interest in North Anna Unit 1 and North Anna Unit 2
and Clover Unit 1 and Clover Unit 2 until each of these units is retired or Old Dominion’s ownership interest in any of such units is reduced to zero. For Old Dominion Monthly North Anna Capacity and Old Dominion Monthly Clover Capacity, the
Cooperatives shall carry a percentage of generation reserves equal to the System Reserve Margin. Dominion Virginia Power agrees to sell and Buyer agrees to purchase Old Dominion Reserve Capacity at the rates set forth in Appendix I. 
  
 (b) During the period in which Article VIII is in effect, and except as
provided in Section 9.01(c)(ii), Old Dominion Reserve Energy for the North Anna Facilities and Clover Facilities shall be sold by Dominion Virginia Power and purchased by Buyer at the same pricing and for the same On-Peak Periods and Off-Peak
Periods at which Dominion Virginia Power offers to sell Supplemental Energy to Buyer. For any hour as to which Dominion Virginia Power does not make an offer to provide Supplemental Energy to Buyer, but for which Buyer purchases Old Dominion Reserve
Energy, the charge for Old Dominion Reserve Energy shall be established based on an after-the-fact calculation of the price of Supplemental Energy as calculated in Section 8.01(c). For the period after the termination of Article VIII, the charge for
Old Dominion Reserve Energy shall be calculated pursuant to Appendix G. The quantity of Old Dominion Reserve Energy shall be determined pursuant to Appendix H. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 44

  

 (c) Buyer may displace all or any portion of its purchases of Old Dominion Reserve Energy from
Dominion Virginia Power by purchasing such energy from an Alternate Power Source. Such energy shall be deemed Displacement Reserve Energy. Buyer may provide Displacement Reserve Energy in accordance with the schedules provided by Buyer or its
reserve energy suppliers to Dominion Virginia Power and, if required, PJM. Such schedule shall indicate whether the source of the Displacement Reserve Energy is from a specific Alternate Power Source or from a default purchase of hourly energy from
the PJM marketplace. Dominion Virginia Power shall not be obligated to provide Old Dominion Reserve Energy or Supplemental Energy to replace any Displacement Reserve Energy scheduled by Buyer. During the period in which Article VIII is in effect,
the following procedures shall apply to any schedules of Displacement Reserve Energy. 
  
 (i) For Displacement Reserve Energy associated with an outage at the Clover Facilities or the North Anna Facilities that has been scheduled at least three business days in advance, Buyer may schedule Displacement
Reserve Energy for either or both of the On-Peak and Off-Peak Periods as follows. Buyer shall not vary the hourly amount of Displacement Reserve Energy during an On-Peak Period or an Off-Peak Period except as necessary as a result of ramping a North
Anna Unit or a Clover Unit into or out of service. Buyer shall notify Dominion Virginia Power of the initiation of a schedule of Displacement Reserve Energy for either or both of the On-Peak Period and the Off-Peak Period not later than the time at
which Buyer makes its response to a Dominion Virginia Power offer price on a day-ahead basis pursuant to Section 8.01(d) (or, if Dominion Virginia Power has not made an offer pursuant to Section 8.01(b), by not later than 8:45 AM EPT); provided that
Dominion Virginia Power shall accommodate such schedule or schedule change on shorter notice in the event of an emergency that may affect the reliability of service to Members. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 45

  

 (ii) For Displacement Reserve Energy associated with an outage at the Clover
Facilities or the North Anna Facilities that has not been scheduled at least three business days in advance, Buyer may purchase Displacement Reserve Energy as follows: 
  
 A. Buyer may not vary the amount of Displacement Reserve Energy scheduled during an On-Peak Period or an
Off-Peak Period except pursuant to Section 9.01(c)(ii) B or D or to ramp a North Anna Unit or a Clover Unit into or out of service. 
  
 B. Buyer may purchase Displacement Reserve Energy beginning no earlier than the commencement of the first clock hour after the start of
the outage and beginning no later than the commencement of the fourth clock hour after the start of the outage, pursuant to notice provided to Dominion Virginia Power not less than 45 minutes prior to the commencement of the clock hour. If Buyer
does not begin purchasing Displacement Reserve Energy by the commencement of the fourth clock hour after the start of the outage, it shall not purchase Displacement Reserve Energy for the remainder of the On-Peak or Off-Peak Period in which the
fourth clock hour commences. 
  
 C. Except as
provided in Section 9.01(c)(ii)B, Buyer shall notify Dominion Virginia Power of the initiation of a schedule of Displacement Reserve Energy during the Initial Outage Period not less than 45 minutes prior to the beginning of the On-Peak Period or the
Off-Peak Period when the schedule will take effect. 
  
 D. Buyer shall notify Dominion Virginia Power of the initiation of schedules of Displacement Reserve Energy and Old Dominion Reserve Energy 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 46

  

 during the Secondary Outage Period pursuant to schedules provided not later than the time specified
in Section 9.01(c)(i). Buyer shall not vary the schedule of Old Dominion Reserve Energy purchased from Dominion Virginia Power during an On-Peak Period or an Off-Peak Period in the Secondary Outage Period except to accommodate the ramping of a North
Anna Unit or a Clover Unit into service; provided that Buyer may increase its schedule of Old Dominion Reserve Energy purchased from Dominion Virginia Power by a fixed amount of no more than 50% of its hourly Reserve Energy requirements for a
minimum of six consecutive hours in any On-Peak Period in the Secondary Outage Period.  
  
 E. After the end of the Secondary Outage Period, Buyer’s schedules of Displacement Reserve Energy shall conform to the requirements
set out in Section 9.01(c)(i). 
  
 F. The
“Initial Outage Period” shall be from the start of an outage at the Clover Facilities or the North Anna Facilities that has not been scheduled at least three business days in advance until the beginning of the first calendar day after
Buyer has the opportunity to submit a day-ahead schedule pursuant to Section 8.01(a). The Secondary Outage Period shall begin when the Initial Outage Period terminates and shall last for a maximum of five calendar days, or less at the discretion of
Buyer. 
  
 9.02 Reserve Capacity and Reserve Capacity
Charges for Jointly Planned Generation Resources. For future generation resources jointly planned by Dominion Virginia Power and the Cooperatives, the Cooperatives and Dominion Virginia Power shall at all times carry a percentage of
generation reserves equal to the annually projected System Reserve Margin. If Dominion Virginia Power provides the necessary reserves for the jointly planned generation resource to the Cooperatives, the Planning and Administrative Committee shall
determine the price of such reserves. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 47

  

 ARTICLE X 
 BILLING 
  
 10.01
Billing Methods. Billings for all payments due under this Agreement shall be substantially in the format provided in Appendix K. 
  
 10.02 Rendering Bill. Each Party shall render to the appropriate Parties monthly a billing statement no later than the twentieth day
of the month, transmitted by wire or delivered by courier, covering the charges for rendering services under the Agreement. Notwithstanding the foregoing, the Parties shall reflect the true-up in charges and credits by PJM no later than the second
monthly bill that each Party presents to the other after receiving the charges and credits information from PJM. 
  
 10.03 Payment. 
  
 (a) Payment for items 3 through 8 on Appendix K shall be due upon presentation of the bill to the Buyer. If payment is not received within ten (10) days
from the date the invoice is transmitted or delivered, interest at the Special Interest Rate will accrue from date of presentation until payment is received. Date of presentation is the day the bill is wired or, if delivered by courier, the date
delivered. 
  
 (b) Payment for items 1 and 2 of Appendix K shall
be due upon presentation to Old Dominion. If payment is not received by the fifteenth of the month following presentation of the bill, interest at the Special Interest Rate will accrue from date of presentation until payment is received. Date of
presentation is the day the bill is wired or, if delivered by courier, the date delivered. 
  
 10.04 Methods of Payment. All payments required to be made by any Party under this Agreement in excess of $10,000 shall be paid on or before the due date in immediately available funds by delivery
(before 11:00 a.m., Richmond time) of either a Federal Reserve check or evidence of bank wire to the other Party’s account, at a bank designated by such 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 48

  

 Party. If any such payment is to be made by bank wire, the Party entitled to the payment shall advise the other Party
of the appropriate bank and account number at least one business day before the payment is due. All other payments required to be made under this Agreement may be made by check deposited in the United States mail, first-class postage prepaid, and
addressed to Treasurer, Virginia Electric and Power Company, P.O. Box 26666, Richmond, Virginia 23261, if payable to Dominion Virginia Power; addressed to Senior Vice President – Accounting and Finance, New Dominion Energy Cooperative, 4201
Dominion Boulevard, Glen Allen, Virginia 23060; if payable to New Dominion, and addressed to Senior Vice President – Accounting and Finance, Old Dominion Electric Cooperative, P. O. Box 2310, Glen Allen, Virginia 23058-2310, if payable to Old
Dominion. 
  
 10.05 No Arbitration; Resolution of
Disputes. No Party shall have the right to arbitrate any dispute that might arise with respect to this Agreement. Any disagreement among the Parties as to their rights or obligations under this Agreement shall first be addressed by
consultation between the Authorized Dominion Virginia Power Representatives as determined in accordance with Section 19.03 of the Purchase, Construction and Ownership Agreement and the Authorized Old Dominion Representatives as determined in
accordance with Section 19.02 of the Purchase, Construction and Ownership Agreement. In the event such representatives are unable to satisfactorily resolve their disagreement, they shall refer the matter to the Executive Committee created pursuant
to Section 18.13 of this Agreement. No dispute as to the payment of an invoice rendered by either Party shall permit the other Party to delay payment of the disputed invoice, in full, on its payment date. If the invoiced Party shall have paid any
such disputed invoice, in full, on or before its payment date and if the Authorized Dominion Virginia Power Representatives and the Authorized Old Dominion Representatives, or the Executive Committee created pursuant to Section 18.13 of this
Agreement, or a court of competent jurisdiction, should later determine that a disputed invoice was for an amount in 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 49

  

 excess of the correct amount due, then the invoicing Party shall be obligated to refund the difference to the
invoiced Party within ten (10) days of such determination with interest, if any, upon such amount as follows: 
  
 (a) If such difference resulted from a deviation from an estimate not caused by error or bad faith, interest shall be payable at the Regular Interest
Rate; 
  
 (b) If such difference resulted from an error, interest
shall be payable at the Regular Interest Rate; and 
  
 (c) If such
difference resulted from bad faith, such interest shall be payable at the Special Interest Rate. 
  
 10.06 Billing Adjustments. For billing errors or adjustments to estimates of $5,000 per event or more discovered through (i)
resolution of billing disagreements pursuant to Section 10.05, (ii) audit or (iii) normal billing procedures, interest will accrue at the Regular Interest Rate from the date of payment of the original bill through the date of payment of the
adjustment. No interest will accrue to adjustments of less than $5,000 per event or to adjustments in bills between Dominion Virginia Power and a Cooperative resulting from PJM billing true-ups. Adjustments, including any interest, must be paid in
accordance with Section 10.03 hereof. 
  
 10.07 Credit
Requirements. Dominion Virginia Power shall not be required to establish credit security for transactions under Article VI and Article VIII of this Agreement unless it has a credit rating of less than Baa3 (Moody’s) or BBB- (Standard
& Poor’s) . The Cooperatives shall not be required to establish credit security for transactions under Article VI and Article VIII of this Agreement unless both of them have a credit rating of less than Baa3 (Moody’s) or BBB- (Standard
& Poor’s). In the event either credit rating of either Dominion Virginia Power on the one hand or both of the Cooperatives on the other hand falls below such levels, such Party or Parties shall immediately inform the other Party or Parties
of that fact. Within five (5) days of the date on which Dominion Virginia Power’s credit rating falls below the 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 50

  

 levels set forth above, it will provide the Buyer credit security in an amount, form and tenor as determined by the
Cooperatives in a commercially reasonable manner. Within five (5) days of the date on which both Cooperatives have a credit rating below the levels set forth above, they will provide Dominion Virginia Power credit security in an amount, form and
tenor as determined by Dominion Virginia Power in a commercially reasonable manner. Credit security means cash or letters of credit, and all proceeds thereof, or other security reasonably acceptable to the receiving Party, that have been transferred
to or received by a Party hereunder to secure payment or performance of the other Party’s obligations and subsequently returned to the other Party in accordance with this Agreement. 
  
 A Party shall be entitled to hold credit security in the form of custodial collateral, provided that the following
conditions are satisfied: (1) it is not in default under this Agreement, (2) its credit rating is not below the levels set forth above and (3) custodial collateral shall be held only in any jurisdiction within the United States. To the extent a
Party is holding cash provided as credit security by another Party, interest shall accrue and be payable to the Party that provided the credit security at the rate for that day opposite the caption “Federal Funds (Effective)” as set forth
in the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 51

  

 ARTICLE XI 
 OPERATING COSTS 
  
 11.01 Operating Costs. 
  
 (a) During the
term of this Agreement, Old Dominion shall pay to Dominion Virginia Power only its pro rata share of the direct costs of operating and maintaining the North Anna Facilities, including any administrative and general costs directly attributable to
North Anna (“North Anna A&G Costs”). A billing format is presented in Appendix L, Section I. hereto. For purposes of this Section 11.01(a), Old Dominion’s pro rata share of the North Anna Facilities shall be 11.6%. This pro rata
share shall be subject to change from time to time in accordance with Sections 15.03, 16.01 and 16.02 of the Purchase, Construction and Ownership Agreement. 
  
 (b) The Parties have been unable to identify to their mutual satisfaction those administrative and general costs that are to be allocated to Old Dominion
under the “directly attributable” standard of Section 11.01(a). Therefore, the Parties agree that for the period from the Effective Date through December 31, 2005, Old Dominion shall pay to Dominion Virginia Power a fixed monthly fee of
$90,000 (“Fixed Monthly A&G Fee”) as full and complete compensation for all administrative and general services provided by Dominion Virginia Power or any of its related companies, including its parent company, on behalf of the North
Anna plant and its employees. 
  
 (c) Without regard to whether
these are appropriate categories for inclusion in a future methodology for determining North Anna A&G Costs, administrative and general services covered by the Fixed Monthly A&G Fee include, but are not limited to, the following pertinent
services or functions: 
  

			
	Accounting Services	 	Fleet Management
	Accounts Payable	 	General Services
	Auditing	 	Human Resources/Employee Relations
	Business Planning	 	Legal
	Corporate Communications	 	Materials Management
	Data Operations	 	Payroll
	Employee Benefits/Pensions	 	Procurement
	Executive/Administrative	 	Security
	Facilities	 	Telecommunications

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 52

  

 The Parties agree that for the period from the Effective Date through December 31, 2005, the Fixed Monthly A&G
Fee expressly covers all administrative and general services. These services or functions shall not be directly charged or allocated in any other fashion to Old Dominion except as follows: 
  
 (i) North Anna Nuclear Regulatory Commission fees will be
billed to Old Dominion as part of the North Anna operating costs based on Old Dominion’s North Anna Percentage Ownership Interest. 
  
 (ii) North Anna insurance premiums will be billed to Old Dominion as part of the “new investment” section of the invoice based
on Old Dominion’s North Anna Percentage Ownership Interest. 
  
 (iii) North Anna and nuclear support payroll benefits (billed as payroll add-on) related to salaries included in the O&M general ledger accounts will be billed to Old Dominion as part of the O&M sections of
the invoice. (The Fixed Monthly A&G Fee will cover payroll benefits (billed as payroll add-on) related to North Anna A&G Costs). 
  
 (iv) The direct costs of nuclear support activities that have historically been billed to Old Dominion will continue to be billed as
nuclear support. Old Dominion’s share of these costs will be determined based on the ratio of Old Dominion’s entitlement to nuclear capacity in commercial operation. 
  
 (d) A billing format is presented in Appendix L, Section I. hereto. The billing format is subject to review in accordance
with Section 11.01(f) and any proposed changes to the format must be agreed to by both parties prior to any changes being implemented. Dominion Virginia Power will not transfer costs covered by the Fixed Monthly A&G Fee or from 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 53

  

 current corporate center functions and activities to North Anna or nuclear support O&M in order to recover costs
from Old Dominion that are not directly attributable to North Anna without mutual agreement of the parties and appropriate adjustment of the Fixed Monthly A&G Fee. 
  
 (e) In the event Dominion Virginia Power institutes a cost savings program after the Effective Date that is intended to
benefit both Parties, Dominion Virginia Power shall give Old Dominion prior notice of the program and demonstrate the expected cost savings to Old Dominion from the program if it expects Old Dominion to bear its reasonable proportion of the costs of
such program. Old Dominion shall pay its reasonable, proportionate share of the costs of such program provided that the cost savings have been adequately demonstrated. 
  
 (f) The Parties shall negotiate in good faith so that on or before December 31, 2005, they mutually agree to (1) use an
appropriate new methodology to calculate the North Anna A&G Costs, (2) use improved Dominion Virginia Power accounting or billing systems which allow for the specific identification and assignment of North Anna A&G Costs or (3) adjust the
Fixed Monthly A&G Fee to reflect changes in the costs or benefits to either Party. In the event the Parties are unable to agree on any of the foregoing, either Party may institute the dispute resolution process provided for in this Agreement.
The Fixed Monthly A&G Fee will remain in effect until the dispute is resolved. 
  
 (g) Dominion Virginia Power is obligated to provide all detailed supporting information as reasonably requested so that Old Dominion can audit, review or substantiate all billing charges. 
  
 11.02 Nuclear Fuel Costs. Old Dominion will pay its pro
rata share of the expenses associated with Nuclear Fuel as provided in the Nuclear Fuel Agreement. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 54

  

 ARTICLE XII 
 ACCOUNTING MATTERS AND ACCESS TO BOOKS AND RECORDS 
  
 12.01 Responsibility and Method of Accounting. All accounting related to the transactions contemplated by this Agreement shall
utilize the accrual method of accounting and shall be in accordance with Generally Accepted Accounting Principles, FERC’s Uniform System of Accounts or as prescribed by other regulatory agencies having jurisdiction, all as in effect from time
to time. 
  
 12.02 Right to Inspect Records, Etc.

  
 (a) During normal business hours and subject to conditions
consistent with the conduct by Dominion Virginia Power of its regular business affairs and responsibilities, Dominion Virginia Power will provide the Cooperatives, the Cooperatives’ Authorized Representative(s) or any auditor utilized by the
Cooperatives reasonably acceptable to Dominion Virginia Power, including, without limitations, Keiter Stephens, or any nationally recognized auditing firm retained by the Cooperatives, access to Dominion Virginia Power’s books, records, and
other documents, directly related to the performance of Dominion Virginia Power’s obligations under this Agreement (but excluding internal memoranda, records and documents relating to such matters and minutes of the Board of Directors and
committees thereof) and, upon request, copies thereof, which (i) set forth all costs applicable to the construction, operation, maintenance and retirement of the North Anna Facilities to the extent necessary to enable the Cooperatives to verify the
costs for which the Cooperatives are billed pursuant to the provisions of this Agreement, (ii) set forth matters relating to the design, construction, operation, and retirement of the North Anna Facilities in proceedings before any regulatory body
or governmental agency having jurisdiction; or (iii) are necessary to verify the accuracy of any statement, charge or computation made pursuant to Article VI or Article VIII of this Agreement. If any examination pursuant to Article VI or Article
VIII reveals any inaccuracy 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 55

  

 in any statement, charge or computation, the necessary corrections will be made promptly and the Parties shall
promptly adjust the payments to each other to reflect the corrections, with interest calculated pursuant to Section 10.06. Any request for audit of the charges under Article VI or Article VIII shall be made no later than 24 months after the event as
to which the audit is sought and thereafter any objection shall be deemed waived. The Cooperatives will bear the cost of any copying, review or audit of such books and records. Notwithstanding the foregoing, however, Dominion Virginia Power shall
not be required to make available to the Cooperatives any reports and information relating to personnel practices, staffing or labor relations. 
  
 (b) During normal business hours and subject to conditions consistent with the conduct by the Cooperatives of their regular business affairs and
responsibilities, the Cooperatives will provide Dominion Virginia Power, Dominion Virginia Power’s Authorized Representative(s), or any auditor utilized by Dominion Virginia Power reasonably acceptable to the Cooperatives or any nationally
recognized auditing firm retained by Dominion Virginia Power, access to the Cooperatives’ books, records, and other documents (but excluding internal memoranda, records and documents relating to such matters and minutes of Board of Directors
and committees thereof), and, upon request, copies thereof, which (i) relate to this Agreement or (ii) are necessary to verify the accuracy of any statement, charge or computation made pursuant to Article VI or Article VIII of this Agreement. If any
examination pursuant to Article VI or Article VIII reveals any inaccuracy in any statement, charge or computation, the necessary corrections will be made promptly and the Parties shall promptly adjust the payments to each other to reflect the
corrections, with interest calculated pursuant to Section 10.06. Any request for audit of the charges under Article VI or Article VIII shall be made no later than twenty-four (24) months after the event as to which the audit is sought and thereafter
any objection shall be deemed waived. Dominion Virginia Power will bear the cost of any copying, review or audit of such books and records. Notwithstanding the foregoing, however, the Cooperatives shall not be required to make available to Dominion
Virginia Power any reports and information relating to personnel practices, staffing or labor relations. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 56

  

 12.03 Confidentiality. During the term of this Agreement, it may become necessary or
desirable, from time to time, for one Party to provide to another Party information which is either privileged, confidential or proprietary (whether so designated by the Party providing it or at the time of that Party’s having obtained it from
a third party, so designated by that third party, and in the latter case, there will be no obligation to disclose such information to the requesting Party without the consent of such third party; provided, however, that the Party that obtained such
information will use its best efforts to obtain such consent). The Party desiring to protect any such information (the labeling Party) may label such information as either privileged, confidential or proprietary and thereafter the other Parties will
not reproduce, copy, use or disclose (except where required by governmental authorities or in connection with obtaining requisite governmental licenses, permits or approvals) any such information in whole or in part for any purpose without the
written consent of the labeling Party, which consent will not be unreasonably withheld. Each Party may use any such copy, the information contained therein, or both, only in the exercise of its respective rights and obligations pursuant to this
Agreement and such information will neither be sold nor used in connection with other generating plants or for the benefits of any third party. Each Party will take all reasonable steps to protect the other Parties’ proprietary, privileged, or
confidential information by, including, but not limited to, (a) restricting its use internally on a “need-to-know” basis, (b) obtaining appropriate confidentiality agreements from those employees, agents, and contractors to whom such
information may be otherwise disclosed under this Agreement, and (c) ensuring the return of all copies of labeled information to the labeling party when the need therefore to aid in performance of this Agreement no longer exists. The respective
mortgages and security deed holders of the Parties will be entitled to inspect (but not to copy) any information labeled by one of the Parties that has 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 57

  

 not been designated as proprietary, privileged or confidential by any other person or entity. In disclosing
confidential or proprietary information to governmental authorities, the disclosing Party shall cooperate with the labeling Party in minimizing the amount of such information furnished including the redaction of information appearing on specific
documents as is appropriate under the circumstances. At the specific request of the labeling Party, the other Party will endeavor to secure the agreement of such governmental authorities to maintain specified portions of such information in
confidence. Notwithstanding the foregoing, no Party will be liable to protect the confidentiality of information as provided in this Section 12.03 if such information is otherwise available to such Party or is in the public domain. 
  
 This Section 12.03 will not limit or restrict compliance by any governmental
authority with requests under the Freedom of Information Act for any copies of, or the information contained in, anything in the possession of any governmental authority obtained pursuant to this Agreement. Compliance by any governmental authority
with any such request will not constitute a violation of this Agreement. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 58

  

 ARTICLE XIII 
 LIABILITY, SERVICE INTERRUPTIONS AND FORCE MAJEURE 
  
 13.01 Liability. 
  
 (a) In providing the services called for by this Agreement, Dominion Virginia Power shall use reasonable diligence at all times to provide reasonably
adequate service. Dominion Virginia Power, however, does not guarantee continuous service. The Parties acknowledge that, at the request of and for the convenience of Old Dominion, Dominion Virginia Power is to have full responsibility for the
maintenance and operation of the North Anna Facilities. The judgment of Dominion Virginia Power personnel shall be final in decisions concerning operation and maintenance of the North Anna Facilities. With respect to claims of third parties, Old
Dominion agrees that Dominion Virginia Power does not by this Agreement assume any risks or liabilities with respect to the operation and maintenance of Old Dominion’s share in the North Anna Facilities, and that the amounts payable to Dominion
Virginia Power for its performance under this Agreement are determined on the basis that Dominion Virginia Power does not assume such risks or liabilities. Dominion Virginia Power’s obligation to Old Dominion with respect to the operation and
maintenance of the North Anna Facilities shall be as set forth in this Agreement, the Purchase, Construction and Ownership Agreement and the Nuclear Fuel Agreement. 
  
 (b) In addition to all other limitations on liability contained in this Agreement, no Party hereto shall be liable to the
other Parties to this Agreement for any damage or loss resulting from the interruption, prevention, suspension or failure of service caused by: 
  
 (i) Force Majeure, as defined in Section 13.03 below; or 
  
 (ii) Any emergency action due to an adverse condition or disturbance on a Party’s system, or on any
other system which requires automatic or manual interruption of the supply of electricity to some customers or areas in order to 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 59

  

 limit the extent of, or damage caused by, the adverse condition or disturbance, or to prevent damage
to generating or transmission facilities, or to expedite restoration of service, or to effect a reduction in service to compensate for an emergency condition on an interconnected system; or 
  
 (iii) The making of necessary inspections of, adjustments
to, changes in, or repairs to a Party’s lines, substations or other facilities and in cases where the continuation of services would endanger persons or property. 
  
 (c) With respect to claims relating to the quality, continuity, reliability or price of electric service, 
  
 (i) Dominion Virginia Power shall not be liable to the
Members or the member-consumers of the Members or any other persons or entities claiming through or against the Cooperatives or the Members for any expenses, damages, injuries or loss arising out of or resulting from the maintenance or operation of
facilities, and the Cooperatives shall indemnify Dominion Virginia Power against such liability; and 
  
 (ii) the Cooperatives shall not be liable to the retail or wholesale customers of Dominion Virginia Power or any other persons or entities
claiming through or against Dominion Virginia Power for any expenses, damages, injuries or losses arising out of or resulting from the operation or maintenance of the North Anna Facilities, and Dominion Virginia Power shall indemnify the
Cooperatives against such liabilities. 
  
 With respect to all other claims, the
Parties will share all expenses and liabilities in the same portions that they share ownership of the North Anna Facilities. 
  
 13.02 Responsibility on Either Side of Generator Interconnection Points and Delivery Points. No Party shall be responsible for the
transmission, control, use or application 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 60

  

 of electric power provided under this Agreement on another Party’s side of any Generator Interconnection Point
or Delivery Point. Electricity is supplied by Dominion Virginia Power to Buyer upon the express condition that after it passes the Delivery Point it becomes the property of Buyer; and no Party, unless and except to the extent that such results from
the negligence or misuse of the property on the part of its employees or agents, subject to limitations of Section 13.01, will be liable for loss or damage to any persons or property whatsoever, resulting directly or indirectly from the use, misuse,
or presence of the said electricity, on another Party’s side of the Delivery Point or for any loss or damage resulting from the presence, character, or condition of the wires or equipment of the other Party, nor shall it be responsible for the
inspection or repair of such wires or equipment. 
  
 13.03
Force Majeure. Dominion Virginia Power and the Cooperatives shall not be liable or responsible for any delay in the performance of, or the ability to perform, any duties or obligations required by this Agreement when such delay in
performance or inability to perform results from a Force Majeure occurrence, except that the obligation to pay money in a timely manner shall not be subject to Force Majeure provisions. Force Majeure as used herein shall mean without limitation, the
following: Act of God; strikes; lockouts or other industrial disturbances; acts of public enemies; orders, or absence of necessary orders and permits of any kind which have been properly applied for, from the Government of the United States or from
any State or Territory, or any of their departments, agencies or officials, or from any civil or military authority; extraordinary delay in transportation; inability to transport; store or reprocess spent nuclear fuel; unforeseen soil conditions;
equipment, material, supplies, labor or machinery shortages; epidemics; landslides; lightning; earthquakes; fire; hurricanes; tornadoes; storms; floods; washouts; drought; war; civil disturbances; explosions; breakage or accident to machinery,
generation, transmission or distribution facilities, pipes or channels; partial or entire failure of utilities; breach of contract by any supplier, contractor, subcontractor, laborer or 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 61

  

 material man; sabotage; injunction; blight; famine; blockade; quarantine; or any other similar cause or event not
reasonably within the control of Dominion Virginia Power or the Cooperatives. 
  
 13.04 Remedy. A Party suffering an occurrence of Force Majeure shall remedy with all reasonable dispatch the cause or causes preventing such Party from carrying out its duties and obligations as required
in this Agreement; provided, that the settlement of strikes, lockouts and other industrial disturbances affecting Dominion Virginia Power or Cooperative facilities shall be entirely within the discretion of that Party, and it shall not be required
to make settlement of strikes, lockouts, or other industrial disturbances by acceding to the demands of the opposing party or parties when such course is unfavorable in the judgment of such employer. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 62

  

 ARTICLE XIV 
 REPRESENTATIONS AND WARRANTIES 
  
 14.01 Representations and Warranties of Dominion Virginia Power. Dominion Virginia Power represents and warrants as follows: 
  
 (a) Dominion Virginia Power is a corporation duly incorporated and validly existing, in good standing, under the laws of
Virginia, is duly qualified and authorized to do business and is in good standing in each jurisdiction where the character of its properties or the nature of its actions makes such qualification necessary, and has the corporate power to carry on its
business as now being conducted and possesses all Federal and State authority and local franchises necessary for the maintenance and operation of its properties and business with such minor exceptions as will not materially interfere with the
maintenance and operation of the North Anna Facilities. 
  
 (b)
Consummation of the transactions hereby contemplated and performance of this Agreement by Dominion Virginia Power will not result in violation of any laws, ordinances or governmental rules to which it is subject. Dominion Virginia Power either has
obtained, or at the Effective Date shall have obtained, all necessary governmental approvals and consents in connection with the consummation by Dominion Virginia Power of the transactions hereby contemplated and the performance by it of this
Agreement. 
  
 (c) The consummation of the transactions hereby
contemplated and the performance by Dominion Virginia Power of this Agreement will not result in the breach of, or constitute a default under, the Articles of Incorporation or By-Laws of Dominion Virginia Power or any indenture (including the
indenture of mortgage), mortgage, deed of trust, bank loan or credit agreement, or other agreement or instrument to which Dominion Virginia Power is a party or by which Dominion Virginia Power or its properties may be bound or affected, or result in
the creation of any lien, charge, security interest or encumbrance upon any property of Dominion Virginia Power, and Dominion Virginia Power is not in default under any term of any such agreement or instrument. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 63

  

 (d) Dominion Virginia Power is not a “registered holding company,” but is a
“subsidiary company” of a registered holding company within the meaning of the Public Utility Holding Company Act of 1935; and Dominion Virginia Power is not, and is not directly or indirectly controlled by, or acting on behalf of any
person which is, an “investment company” within the meaning of the Investment Company Act of 1940, as amended. 
  
 (e) On the date hereof there exists, as to Dominion Virginia Power, no Event of Default or event or condition which, with the giving of notice or the
lapse of time or both, would constitute as Event of Default. 
  
 14.02 Representations and Warranties of the Cooperatives. 
  
 Each of Old Dominion and New Dominion represents and warrants as follows: 
  
 (a) Each Cooperative is a utility aggregation cooperative duly incorporated and validly existing, in good standing, under the laws of Virginia, is duly qualified and authorized to do business and is in good standing
in each jurisdiction where the character of its properties or the nature of its actions make such qualification necessary, and has the corporate power to carry on its business as now being conducted and possesses substantially all Federal and State
authority and local franchises necessary for the maintenance and operation of its properties and business with such minor exceptions as will not materially interfere with the maintenance and operation of the North Anna Facilities. 
  
 (b) Consummation of the transactions hereby contemplated and performance of
this Agreement by the Cooperatives will not result in violation of any laws, ordinances, or governmental rules to which it is subject. Each Cooperative either has obtained, or at the Effective Date (or in the case of New Dominion, at the date it
gives notice that it has undertaken the power purchase rights and obligations under this Agreement) shall have obtained, all 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 64

  

 necessary governmental approvals and consents, in connection with the consummation by the Cooperatives of the
transactions hereby contemplated and the performance by them of this Agreement. 
  
 (c) The consummation of the transactions hereby contemplated and the performance by the Cooperatives of this Agreement, the Purchase, Construction and Ownership Agreement and the Nuclear Fuel Agreement will not result
in the breach of, or constitute a default under, the Articles of Incorporation or By-Laws of either Cooperative or any indenture, mortgage, deed of trust, bank loan or credit agreement, or other agreement or instrument to which either Cooperative is
a party or by which either Cooperative or its properties may be bound or affected, or result in the creation of any lien, charge, security interest or encumbrance upon any term of any such agreement or instrument. 
  
 (d) On the date hereof there exists, as to each Cooperative, no Event of
Default or event or condition which, with the giving of notice or the lapse of time or both, would constitute an Event of Default. 
  
 (e) Each of the Members has entered into and will be bound by the Wholesale Power Contracts on the Effective Date. 
  
 (f) The Cooperatives solely are authorized to act for each and all of the
Members in all communications, transactions and relationship with Dominion Virginia Power pursuant to this Agreement. 
  
 14.03 Conditions Precedent. On or prior to the Effective Date, each of the following conditions shall have been satisfied: (a) this
Agreement shall have been accepted for filing by FERC, if necessary, (b) all representations and warranties in Sections 14.01 and 14.02 hereof shall be true with the same effect as though such representations and warranties had been made on and as
of such date, and (c) each Party shall have performed all agreements on its part required to be performed on or prior to such date. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 65

  

 ARTICLE XV 
 TERM OF AGREEMENT 
  
 15.01 Term. This Agreement shall become effective on the Effective Date. Unless earlier terminated pursuant to the provisions of Article XVII, this Agreement shall terminate upon the earlier of (1) the date on which the last
of the North Anna Facilities is retired, (2) the date upon which Old Dominion’s ownership interest in the North Anna Facilities and Nuclear Fuel is reduced to zero, or (3) as otherwise agreed to by the Parties. 
  
 15.02 Early Termination of Specified Provisions. (a)
Notwithstanding the foregoing Section 15.01, Sections 6.02 and 6.03 and Article VIII shall be effective from the Effective Date through October 31, 2010; provided that Buyer may terminate such provisions effective after providing at least twelve
(12) months notice to Dominion Virginia Power at any time. 
  
 (b)
Notwithstanding any other provision of this Agreement, Sections 6.02 and 6.03 and Article VIII of this Agreement shall terminate immediately upon written notice by Dominion Virginia Power if (i) either Old Dominion does not support or either
Cooperative opposes Dominion Virginia Power’s applications to the Virginia State Corporation Commission and FERC for approval of the transfer of operational control of Dominion Virginia Power’s transmission facilities to PJM South and its
related application for permission to join PJM; (ii) either Cooperative opposes Dominion Virginia Power’s application to the North Carolina Utilities Commission for approval of such transfer; (iii) Old Dominion does not support or either
Cooperative opposes Dominion Virginia Power’s legislative initiative, if any, in the Virginia General Assembly designed to effect such transfer; or (iv) either Cooperative supports any legislative initiative in the Virginia General Assembly
that would require Dominion Virginia Power’s generation to be placed under the regulation of the Virginia State Corporation Commission. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 66

  

 (c) Notwithstanding any other provision in this Agreement, Sections 6.02, 6.03 and Article VIII of
this Agreement shall terminate as of the effective date of any legislation by the Virginia General Assembly that was not actively opposed by Old Dominion or that was supported by either of the Cooperatives that results in Dominion Virginia
Power’s generation being placed under the regulation of the Virginia State Corporation Commission. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 67

  

 ARTICLE XVI 
 FILING WITH FERC 
  
 This Agreement shall be filed with FERC if necessary, with the request that it become effective on the Effective Date. If this Agreement is filed, the Cooperatives will join in Dominion Virginia Power’s request that this Agreement and
the initial rates contained herein be accepted for filing with a suspension of no longer than one day and will support the other provisions of this Agreement. If FERC does not accept the provisions of this Agreement for filing or allows the contract
to become effective only with changes or conditions which materially alter the Agreement (thereby defeating the intent of the Parties), then, notwithstanding any other provisions of this Agreement the Parties will make a good faith effort to
re-negotiate this Agreement to make mutually acceptable changes to remedy any issues cited by FERC as reasons for its non-acceptance.  
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 68

  

 ARTICLE XVII 
 DEFAULT 
  
 17.01
Event of Default. Each of the following shall be “Events of Default” under this Agreement: 
  
 (a) The failure of any Party to make any payment then due to another Party as required by this Agreement within thirty (30) days of the date when such
payment became due and payable; provided, however, that no Party shall be in default for nonpayment of any amount due and payable hereunder to another Party that can be offset within 30 days after the date on which such amount became due and
payable. 
  
 (b) Willful failure by any Party to perform any other
obligation to another Party, other than obligations for the payment of money, provided that the defaulting Party shall have been given not less than sixty (60) days’ notice of such willful failure by the non-defaulting Party and such defaulting
Party shall have failed to correct such default or shall have failed to use its reasonable best efforts to correct such default. 
  
 (c) Any of the following acts by a Party: 
  
 (i) the insolvency or bankruptcy of a Party or its inability or admission in writing of its inability to pay its debts as they mature, or
the making of a general assignment for benefit of, or entry into any composition or arrangement with, its creditors other than Old Dominion’s, New Dominion’s or Dominion Virginia Power’s mortgagee, as the case may be; or 

 
 (ii) the application for, or consent (by admission of
material allegations of a petition or otherwise) to, the appointment of a receiver, trustee or liquidator for any Party or for all or substantially all of its assets, or its authorization of such application or consent, or the commencement of any
proceedings seeking such appointment against it without such authorization, consent or application, which proceedings continue undismissed or unstayed for a period of sixty (60) days; or 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 69

  

 (iii) the authorization or filing by a Party of a voluntary petition in bankruptcy or
application for or consent (by admission of material allegations of a petition or otherwise) to the application of any bankruptcy, reorganization, readjustment of debt, insolvency, dissolution, liquidation or other similar law of any jurisdiction or
the institution of such proceedings against a Party without such authorization, application or consent, which proceedings remain undismissed or unstayed for 60 days or which result in adjudication of bankruptcy or insolvency within such time.

  
 (iv) Failure to comply with the credit
security or notice requirements of Section 10.07. 
  
 17.02
Dominion Virginia Power’s Rights on Default of a Cooperative. Whenever any Event of Default by a Cooperative shall have occurred and Dominion Virginia Power intends to require that the default be remedied, Dominion Virginia Power
shall give the Cooperatives written notice to remedy the default. If the default shall not have been fully cured within thirty (30) days from the date of the notice, Dominion Virginia Power shall have the rights set forth herein, in addition to all
other rights it may have at law or in equity. 
  
 (a) Where the
default is a failure to pay money when due: 
  
 (i) Subject to the limitations contained in the Federal Power Act or regulations duly promulgated thereunder, Dominion Virginia Power may, 30 days after delivery to the Cooperatives and the Members of written notice of termination,
terminate all service under this Agreement. Notwithstanding such termination, Dominion Virginia Power shall be authorized to continue to operate, maintain and fuel the North Anna Facilities and to schedule and dispatch the 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 70

  

 capacity and energy from such North Anna Facilities. In the event this provision is invoked Dominion
Virginia Power shall maintain an accurate record of all the benefits, including but not limited to the capacity and energy from Old Dominion’s ownership interest in the North Anna Facilities, and costs of such continued operation, maintenance
and fueling to provide for a reasonable settlement following removal of the default. 
  
 (ii) Failure of a Cooperative to make any payment on the date required under this Agreement shall obligate the Cooperatives to pay to
Dominion Virginia Power (a) the unpaid amount, (b) interest on the unpaid amount at the Special Interest Rate from the date such payment was due until the amount is paid and (c) the reasonable expenses incurred by Dominion Virginia Power in
collecting the unpaid amount. 
  
 (iii) Where a
default under Article XV of the Purchase, Construction and Ownership Agreement shall have otherwise permitted Dominion Virginia Power to purchase all or a portion of Old Dominion’s ownership interest in the North Anna Facilities (as those terms
are defined in the Purchase, Construction and Ownership Agreement) any amount in default hereunder shall be offset against the purchase price to be paid to Old Dominion. 
  
 (b) Where the default is the willful failure by a Cooperative to perform an obligation hereunder other than the obligation
to pay money when due, Dominion Virginia Power may take any lawful action that will remedy the default or mitigate its effects, and the Cooperatives shall, upon demand by Dominion Virginia Power, pay reasonable losses or damages incurred by Dominion
Virginia Power as a direct and proximate result of the default and all expenses incurred by Dominion Virginia Power in remedying the default or mitigating its effects, together with interest at the Special Interest Rate on that amount until the
total amount is paid. A failure by a Cooperative to make payment hereunder shall constitute a default under Section 17.01(a) and give rise to the remedies available under Section 17.02(a). 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 71

  

 (c) Where the default is any of the acts set forth in Section 17.01(c), Dominion Virginia Power shall
have the right to take any lawful action, including termination of this Agreement, that Dominion Virginia Power determines to be necessary to minimize its losses or enhance its prospects of recovery of amounts due and to become due to it.

  
 17.03 The Cooperatives’ Rights on Default of
Dominion Virginia Power. Whenever any Event of Default by Dominion Virginia Power shall have occurred and a Cooperative intends to require that the default be remedied, such Cooperative shall give Dominion Virginia Power written notice to
remedy the default. If the default shall not have been fully cured within thirty (30) days from the date of the notice, the Cooperatives shall have the rights set forth herein, in addition to all other rights it may have at law or in equity.

  
 (a) Where the default is a failure to pay money when due, the
Cooperatives shall have the right to withhold from Dominion Virginia Power payment of their obligations hereunder to the extent of the amount in default plus interest at the Special Interest Rate thereon until the amount is paid. 
  
 (b) Where the default is the willful failure by Dominion Virginia Power to
perform an obligation hereunder other than the obligation to pay money when due, the Cooperatives may take any lawful action that will remedy the default or mitigate its effects, and Dominion Virginia Power shall, upon demand by a Cooperative, pay
reasonable losses or damages incurred by such Cooperative as a direct and proximate result of the default and all expenses incurred by such Cooperative in remedying the default or mitigating its effects, together with interest at the Special
Interest Rate on that amount until the total amount is paid. A failure by Dominion Virginia Power to make payment hereunder shall constitute a default under Section 17.01(a) and give rise to the remedies available under Section 17.03(a). 

 

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 72

  

 (c) Where the default is any of the acts set forth in Section 17.01(c), the Cooperatives shall have
the right to take any lawful action, including termination of this Agreement, that the Cooperatives determine to be necessary to minimize their losses or enhance their prospects of recovery of amounts due and to become due to either or both of them.

  
 17.04 Disputes Concerning Default. In the event
that any Party shall dispute an asserted default by it, such Party shall pay the disputed payment or perform the disputed obligations, but may do so under protest. The protest shall be in writing, shall precede or accompany the disputed payment or
performance of the disputed obligations, shall specify the reasons upon which the protest is based and shall be delivered to the other Parties hereunder. In the event it is determined that the protesting Party is entitled to a refund of all or any
portion of a disputed payment or payments, or is entitled to reimbursement of the cost of performing a disputed obligation theretofore made or performed, then the protesting Party shall be reimbursed such amount with interest at the Regular Interest
Rate for the period involved. 
  
 17.05 Additional
Obligations. With respect to any Party as to which an Event of Default has occurred, such Party shall use its best efforts to take any and all such further actions and shall execute and file, where appropriate, any and all such further legal
documents and papers as may be reasonable under the circumstances in order to facilitate the carrying out of this Agreement or otherwise effectuating its purpose, including but not limited to action to seek any required governmental or regulatory
approval and to obtain any other required consent, release, amendment or other similar document. 
  
 17.06 Injunctive Relief. The Parties hereto agree and acknowledge that the failure of a Party to perform any of its obligations under this
Agreement, including the execution of legal documents which may be reasonably requested as set forth in this Article XVII, would cause irreparable injury to the other Parties and that the remedy at law for any violations or threatened 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 73

  

 violation thereof would be inadequate, and agree that the other Parties, as appropriate, shall be entitled to a
temporary or permanent injunction or other equitable relief specifically to enforce such obligation without the necessity of proving the inadequacy of its legal remedies. 
  
 17.07 No Remedy Exclusive. No remedy conferred upon or reserved to the Parties hereto in this Article XVII is
intended to be exclusive of any other remedy or remedies available hereunder or now or hereafter existing at law, in equity, or by statute or otherwise, but each and every such remedy shall be cumulative and shall be in addition to each other such
remedy. The pursuit by any Party of any specific remedy shall not be deemed to be an election of that remedy to the exclusion of any other or others, whether provided hereunder or by law, equity or statute. 
  
 17.08 Agreement to Pay All Costs to Cure Default. 

 
 (a) A late payment charge during periods of default shall accrue on any
amount in default at an annual rate equal to that of the Special Interest Rate. 
  
 (b) If an Event of Default should occur and a Party not in default should employ attorneys or incur other expenses for the collection of any payment or the enforcement of performance or observation of any condition or
obligation on the part of the defaulting Party or for the exercise of any other remedy hereunder, the defaulting Party agrees that it will on demand therefor reimburse the other Parties as appropriate for their reasonable expenses of such attorneys
and such other expenses incurred. No default shall be deemed cured until all costs payable under this Article XVII, including any attorneys’ fees incurred by the Parties not in default, and payments pursuant to this Agreement shall have been
paid or reimbursed by the defaulting Party. 
  
 17.09
General Covenant by the Parties. Each Party hereto covenants and agrees that if any event shall occur or condition exist which constitutes, or which after notice, lapse of time or both, would constitute an Event of Default on its part
pursuant to this Article XVII, it shall immediately notify the other Parties thereof, specifying the nature thereof and any action taken or proposed to be taken with respect thereto. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 74

  

 ARTICLE XVIII 
 MISCELLANEOUS 
  
 18.01 No Delay. Except as specially set forth in Sections 17.02(a) and 17.03(a), herein, no disagreement or dispute of any kind among the Parties to this Agreement or between a Party and any other entity, concerning any
matter, including, without limitation, the amount of any payment due from said Party or the correctness of any billing made to the Party, shall permit any Party to delay or withhold any payment or the performance of any other obligation pursuant to
this Agreement. Each Party shall promptly and diligently undertake to resolve such disagreement or dispute without undue delay and in good faith. 
  
 18.02 Further Documentation. From time to time after the execution of this Agreement, the Parties hereto shall, within their legal
authority, execute other documents as may be necessary, helpful or appropriate to carry out the terms of this Agreement. 
  
 18.03 Notice. Any notice, request, consent or other communication permitted or required by this Agreement (other than payments as provided
in Section 10.04) shall be in writing and shall be deemed given when delivered by hand or (unless otherwise required by the terms of this Agreement) when deposited in the United States Mail, first class, postage prepaid, and if to Dominion Virginia
Power, addressed to: 
  
 Director – Power
Contracts 
 Virginia Electric and Power Company 
 5000 Dominion Boulevard 
 Glen Allen, Virginia 23060 
  
 if to New Dominion,
addressed to: 
  
 President and Chief Executive
Officer 
 New Dominion Energy Cooperative 
 4201 Dominion Boulevard 
 Glen Allen, Virginia 23060 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 75

  

 and if to Old Dominion, addressed to: 
  
 President and Chief Executive Officer 
 Old Dominion Electric Cooperative 
 P. O. Box 2310 
 Glen Allen, Virginia 23058-2310 
  
 unless a different officer or address shall have been designated by the respective Party by
notice in writing sent to the other Party hereto. 
  
 18.04
Headings Not to Affect Meaning. The descriptive headings of the various articles and sections of this Agreement have been inserted for convenience of reference only and shall in no way modify or restrict any of the terms and provisions
hereof. 
  
 18.05 No Association, Trust, Joint Venture or
Partnership; Tax Matters. 
  
 Notwithstanding any provision of this
Agreement, the Parties do not intend to create hereby any association, trust, joint venture or partnership under the laws of Virginia, although the Parties acknowledge that the ownership and operation of the North Anna Facilities may constitute a
partnership for tax purposes. If it should appear that one or more changes to this Agreement would be required in order to avoid the creation or terminate the existence of any such entity, the Parties agree to negotiate promptly and in good faith
with respect to such changes. Dominion Virginia Power and the Cooperatives hereby agree that they will all elect to exclude the arrangement created by this Agreement from the application of Subchapter K of the Internal Revenue Code of 1954, as
amended, and execute all documents required by any Party to effect that result. 
  
 18.06 Assignment. Except as provided herein, no Party shall assign this Agreement or its rights hereunder without the prior written consent of the other Parties, which consent may not be unreasonably
withheld. Any assignment of this Agreement in violation of this Article XVIII shall be, at the option of the non-assigning Parties, void. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 76

  

 (a) A Party (the “Assigning Party”) may, without the consent of the other Parties:

  
 (i) transfer, sell, pledge, encumber or
assign this Agreement or the accounts, revenues or proceeds hereof in connection with any financing, refinancing or similar financial arrangement, including or pursuant to the exercise of remedies under such financing or refinancing; provided that
the Assigning Party shall not thereby be relieved or in any way discharged from the performance of its duties and obligations under this Agreement; 
  
 (ii) transfer or assign all or part of this Agreement to an affiliate of the Assigning Party which affiliate’s creditworthiness is
equal to or higher than that of the Assigning Party based either on Standard and Poor’s or Moody’s ratings or, if the affiliate does not have a such a rating, on credit assurances reasonably acceptable to the non-assigning Party; or

  
 (iii) transfer or assign its rights and
obligations under this Agreement to any person or entity (the Assignee) succeeding to all or substantially all of the Assigning Party’s assets (or, in the case of Dominion Virginia Power, a person or entity succeeding to all or substantially
all of its generating assets), provided that the Assignee’s creditworthiness is equal to or higher than that of the Assigning Party and it is financially and operationally capable of performing its obligations under this Agreement. 

 
 (b) An assignment or transfer pursuant to Sections 18.06(a)(i) or (ii) may
be made only if: 
  
 (i) any required regulatory
approvals are obtained in connection with such transfer or assignment; 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 77

  

 (ii) the Assignee agrees in writing to be bound by the terms and conditions of this
Agreement; 
  
 (iii) the Assigning Party delivers
such tax and enforceability assurance as the non-assigning Parties may reasonably request; and 
  
 (iv) the non-assigning Parties are not obligated to perform their obligations hereunder in favor of the Assignee to the extent the
Assignee shall not perform the obligations of the Assigning Party. 
  
 (c) No transfer or assignment of rights or obligations under this Agreement shall relieve the Assigning Party from full liability and financial responsibility for the performance thereof after any such transfer or assignment in the event of
non-performance by the Assignee unless and until the Assignee agrees in writing to assume the obligations and duties of the Assigning Party under this Agreement and the non-assigning Parties have consented in writing to such assumption, said consent
not to be unreasonably withheld. 
  
 (d) If any Party terminates
its existence as a corporate entity by merger, acquisition, sale, consolidation or otherwise, or if all or substantially all of such Party’s assets are transferred to another person or business entity, without complying with this Section 18.06,
the other Parties shall have the right, enforceable in a court of competent jurisdiction, to enjoin the first Party’s successor from using the property in any manner that interferes with, impedes, or restricts such other Parties’ ability
to carry out their ongoing business operations, rights and obligations. 
  
 (e) This Article and all of the provisions hereof are binding upon, and inure to the benefit of, the Parties and their respective successors and permitted assigns. 
  
 18.07 Counterparts. This Agreement may be executed simultaneously in two or more counterparts, each of which
shall be deemed an original but all of which together shall constitute one and the same instrument. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 78

  

 18.08 Severability. In the event any of the terms, covenants or conditions of this
Agreement or amendments thereof or the application of any such term, covenant or condition or amendment thereof shall be held invalid as to a Party or circumstance by any court or governmental agency having jurisdiction, all of the other terms,
covenants and conditions of this Agreement and amendments thereof shall not be affected thereby and shall remain in full force and effect. 
  
 18.09 Applicable Law. This Agreement is made under and shall be governed by the laws of the Commonwealth of Virginia. 
  
 18.10 No Waiver. The failure of any Party to enforce at any
time any of the provisions of this Agreement or to require at any time performance by the other Parties of any of the provisions hereof, shall in no way be construed to be a waiver of such provisions, nor in any way to affect the validity of this
Agreement or any part hereof or the right of such Parties thereafter to enforce each and every such provision. 
  
 18.11 Computation of Time. In computing any period of time prescribed or allowed under this Agreement, the day on which the act or
event occurs after which the designated period of time begins to run shall not be included. The last day of the period so computed shall be included if it is a business day; if it is not a business day, the period shall run until the end of the next
day which is a business day. 
  
 18.12 Survivorship of
Obligations. The termination of this Agreement shall not discharge any Party hereto from any obligations it owes to the other Parties under this Agreement by reason of any transaction, loss, cost, damage, expense or liability which shall
occur or arise (or the circumstances, events or basis of which shall occur or arise) prior to such termination. It is the intent of the Parties hereby that any such obligation owed (whether the same shall be known or unknown at the termination of
this Agreement or whether the circumstances, events, or basis of the same shall be known or unknown at the termination of this Agreement) shall survive the termination of this Agreement. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 79

  

 18.13 Executive Committee. An Executive Committee, consisting of the Chief Executive
Officer and the Chief Operating Officer of Dominion Virginia Power, or their designees, and the President of Old Dominion, or his designees, shall meet from time to time for the purpose of resolving disputes arising from the activities of the North
Anna Operating Committee and the Planning and Administration Committee established pursuant to Sections 2.01 and 3.01, respectively, of this Agreement. 
  
 18.14 Entire Agreement. This Agreement, the Purchase, Construction and Ownership Agreement, and the Nuclear Fuel Agreement together with
appendices and exhibits incorporated by reference, shall constitute the entire understanding among the Parties hereto, pertaining to the subject matter contained herein as of the date on which this Agreement is executed. No Party hereto has relied,
nor will rely, upon any previous oral or written representation or previous oral or written information made or given to such Party by the other Parties hereto or any representative of or anyone on the behalf of the other Parties hereto. 

 
 18.15 Non-Exclusive Agreement. Subject to the limitations in
this Agreement, Dominion Virginia Power and the Cooperatives shall have the right at all times to execute interconnection agreements with any other person on the same or different terms and conditions as those stated herein, but no such other
agreement shall diminish any rights of the other Parties hereunder. 
  
 18.16 Relationship of the Parties. The duties, obligations, and liabilities of Dominion Virginia Power on the one hand and both Cooperatives on the other hand are intended to be several and not joint or collective. The
Cooperatives shall be jointly and collectively responsible for the duties, obligations and liability of each of the Cooperatives to Dominion Virginia Power as provided herein. Dominion Virginia Power shall not have the right or power to bind the

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 80

  

 Cooperatives, except as expressly provided in this Agreement. The Cooperatives shall not have the right or power to
bind Dominion Virginia Power, except as expressly provided in this Agreement. 
  
 18.17 Singular and Plural. Throughout this Agreement, whenever any word in the singular number is used, it should include the plural unless the context otherwise requires; and whenever the plural number
is used, it shall include the singular, unless the context otherwise requires. 
  
 18.18 Good Faith. The Parties hereto expressly agree that every obligation undertaken in this Agreement will be performed in good faith. 
  
 18.19 Merger of Documents. All understandings and agreements, written or oral, among the Parties prior to the
Effective Date, with respect to the matters herein contained, including the Interconnection and Operating Agreement, have been superseded in all respects by this Agreement, and all such understandings and agreements prior to the Effective Date are
null and void and of no effect whatsoever. 
  
 18.20
Limitations of Parties’ Rights to Seek Regulatory Review. Except as otherwise provided in this Agreement, absent agreement of the Parties to a proposed change, the standard of review for changes to this Agreement proposed by a Party,
a non-Party or the Federal Energy Regulatory Commission acting sua sponte shall be the “public interest” standard of review set forth in United Gas Pipe Line Co. v. Mobile Gas Service Corp., 350 U.S. 332 (1956) and Federal
Power Commission v. Sierra Pacific Power Co., 350 U.S. 348 (1956) (the “Mobile-Sierra” doctrine).  
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 81

  

 ARTICLE XIX 
 AMENDMENT 
  
 This
Agreement may not be orally amended, modified, or terminated, nor may any obligation hereunder be waived orally. Any amendment shall be in writing, and shall be signed by the Chief Executive Officer or the President of Dominion Virginia Power or the
person either of them may designate in writing, by the President and CEO of New Dominion, or the person he may designate in writing and by the President and CEO of Old Dominion, or the person he may designate in writing, and must be approved by the
Board of Directors of Old Dominion, New Dominion and Dominion Virginia Power subject to any required regulatory approval. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 82

  

 IN WITNESS WHEREOF, the Parties have caused this amended and restated Agreement to be executed by
their duly authorized officers as of the day and year first above written. 
  

			
	 VIRGINIA ELECTRIC AND POWER COMPANY

		
	 By
	 	  

	 	 	 E. Paul Hilton

	 	 	 Senior Vice President

	
	 OLD DOMINION ELECTRIC COOPERATIVE

		
	 By
	 	  

	 	 	 Jackson E. Reasor, Jr.

	 	 	 President and CEO

	
	 NEW DOMINION ENERGY COOPERATIVE

		
	 By
	 	  

	 	 	 Jackson E. Reasor, Jr.

	 	 	 President and CEO

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective:                    
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	 	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 83

  

 APPENDIX A 
 COMMON FACILITIES 
  
 All property
of Dominion Virginia Power in the following accounts on Dominion Virginia Power’s books of account that is within the definition of Common Facilities as well as the Construction Work in Progress and the Completed Construction Not Classified
related thereto: 
  

			
	 FERC ACCOUNT

	  	 DESCRIPTION

	 320
	  	 Land and Land Rights

	 321
	  	 Structures & Improvements

		
	 	  	 Clearing

	 	  	 Water System

	 	  	 Storm Sewers

	 	  	 Sanitary Sewers

	 	  	 Fire Protection

	 	  	 Fuel Oil Storage

	 	  	 RR Track

	 	  	 Yard

	 	  	 Yard Lighting

	 	  	 Boat Dock

	 	  	 Rifle Range

	 	  	 Gun Towers

	 	  	 Medical Classroom

	 	  	 Condensate Fill Pump Station

	 	  	 Auxiliary Building

	 	  	 Turbine Building

	 	  	 Turbine Outage Building

	 	  	 Office Building

	 	  	 Screenwell Structure

	 	  	 Vacuum Priming Pump House

	 	  	 Fuel Building

	 	  	 Fuel Oil Pump House

	 	  	 Yard Crane

	 	  	 Water Treatment Building

	 	  	 Service Building

	 	  	 Weather Towers

	 	  	 Meteorological Towers

	 	  	 Security Building

	 	  	 Security Control Center

	 	  	 Dam

	 	  	 Reservoirs

	 	  	 Spillways

	 	  	 Dikes

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 84

  

			
	 	  	 Service Water Pump House

	 	  	 Decontamination Building

	 	  	 Waste Disposal Building

	 	  	 Roadways

	 	  	 Walkways

	 	  	 Parking Lots

		
	 322
	  	 Reactor Plant Equipment

		
	 	  	 Boron Recovery System

	 	  	 Moving Platform Spent

	 	  	 Fuel Pit

	 	  	 Fuel Building Cranes

	 	  	 Decontamination Cranes

	 	  	 Fuel Receiving Equipment

	 	  	 Spent Fuel Racks

	 	  	 Reactor Cavity Purification

	 	  	 Radioactive Waste Treatment

	 	  	 and Disposal System

	 	  	 Liquid Waste Solidification System

	 	  	 Waste Disposal Evaporator

	 	  	 Radioactive Gaseous Waste

	 	  	 Radioactive Solid Waste

	 	  	 Decontamination System

	 	  	 Raw Water Supply System

	 	  	 Condensate Storage Tank

	 	  	 Auxiliary Boiler System

		
	 323
	  	 Turbo-Generator Equipment

		
	 	  	 Service Water Pump House Equipment

	 	  	 Bearing Cooling Water Tower

	 	  	 Turbine Room Crane

		
	 324
	  	 Accessory Electric Equipment

		
	 	  	 Screenwell Area Transformers and Equipment

	 	  	 Reserve Station Transformer

	 	  	 Bearing Cooling Tower Switch Boards

		
	 325
	  	 Miscellaneous Power Plant Equipment

		
	 	  	 Compressed Air systems

	 	  	 Miscellaneous Shop Equipment

	 	  	 Machine Shop Equipment

	 	  	 Laboratory Testing Equipment

	 	  	 Office Furniture and Equipment

	 	  	 Other General Station Equipment

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 85

  

			
	 	  	 Weather Station Equipment

	 	  	 Marine Equipment

	 	  	 Kitchen Equipment

	 	  	 Fire Protection Equipment

	 	  	 Plant Communications

	 	  	 Telephone System

	 	  	 Security Equipment

	 	  	 Radiation Monitoring Equipment

	 	  	 Gasoline Storage Equipment

		
	 352
	  	 Transmission Structures and Improvements

		
	 353
	  	 Transmission Station Equipment

		
	 390
	  	 Structures and Improvements

		
	 	  	 Visitors Information Center

		
	 391
	  	 Office Furniture and Equipment

		
	 392
	  	 Transportation Equipment

  

			
	 COMPLETED CONSTRUCTION NOT CLASSIFIED
	 	 
		
	 PROJECT NO.
	 	 DESCRIPTION

		
	 CONSTRUCTION WORK IN PROGRESS
	 	 
		
	 PROJECT NO.
	 	 DESCRIPTION

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 86

  

 APPENDIX B 
 MAJOR SPARE PARTS 
  
 B.01 Description of Major Spare Parts. Those major items, each costing more than $100,000, as follows: 
  

					
	 Quantity

	  	 Item

	  	Serial Number

	 1
	  	Motor Charging Pump	  	17528LN01
	 1
	  	Motor Charging Pump	  	17528LN02
	 1
	  	RCP Motor S/N 35-81P355	  	3S-81P355
	 1
	  	Low Head Safety INJ Pump Motor	  	17538LN01
	 1
	  	2B LP Rotor	  	TN12763
	 15
	  	2B LP Rotor	  	TN12763
	 2
	  	LP Rotor Discs Spare	  	23A3932
	 2
	  	LP Rotor Discs Spare	  	23A3932
	 2
	  	LP Rotor Discs Spare	  	23A3932
	 10
	  	LP Rotor Blades Spare	  	23A3932
	 4
	  	LP Rotor Discs Spare	  	23A3932
	 1
	  	LP Rotor Shaft Spare	  	23A3932
	 4
	  	LP Rotor Blades Spare	  	23A3932
	 2
	  	Spare Blade Rows 1A Rotor	  	23A3932
	 10
	  	2B LP Rotor Turbine Disc	  	TN12763

  
 Major Spare Parts shall also include
any other major items that the Parties agree (i) to keep in inventory and (ii) to designate as Major Spare Parts for possible use in replacing similar items in units located not only at the North Anna Nuclear Power Station but also at other power
stations. Such designation shall state the units that the Major Spare Part is designated to serve. 
  
 B.02 Old Dominion’s Percentage Ownership Interest in Major Spare Parts. 
  
 (a) Except as otherwise modified by the operation of Sections 15.03, 16.01 or 16.02 of the Purchase, Construction and
Ownership Agreement, Old Dominion shall own its Old Dominion’s Percentage Ownership Interest in any Major Spare Part until such Major Spare Part is used in a unit other than the Units. Upon use in any such unit, Dominion Virginia Power shall
purchase such Major Spare Part from Old Dominion in accordance with B.04 hereof. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 87

  

 (b) Dominion Virginia Power agrees to pay carrying charges, if any, with respect to each Major Spare
Part equal to (i) Old Dominion’s Percentage Ownership Interest, less (ii) the sum of Old Dominion’s Percentage Ownership Interest in any Unit that the Major Spare Part serves, divided by the total number of units served by the Major Spare
Part. 
  
 (c) It is the intention of the Parties that the formula
be reapplied at any time that the number of units served by any Major Spare Part or Old Dominion’s Percentage Ownership Interest changes for any reason. In any case where ownership interest of the Parties are adjusted, the provisions of Section
16.04 of the Purchase, Construction and Ownership Agreement shall apply and appropriate payment shall be made pursuant to Section B.04 hereof. 
  
 B.03 Ownership Responsibilities – Major Spare Parts. Dominion Virginia Power may make use of any Major Spare Part in any of the units at the
North Anna Nuclear Power Station or other power stations for which such parts have been designated to serve in accordance with Section B.01 hereof and in accordance with the following conditions: 
  

	 	A.	If at any time a unit at the North Anna Nuclear Power Station or other power Stations has need of a Major Spare Part to replace any part of an equivalent item that has been damaged,
such Major Spare Part may be used in such unit; provided that another unit (for which the part has been designated in accordance with Section B.01 hereof) located at either station had not been damaged earlier and made prior claim to use such Major
Spare Part. 

  

	 	B.	When a Major Spare Part is used in any unit, Dominion Virginia Power and Old Dominion shall have an obligation either to (i) repair such damaged item or (ii) to acquire a new item
in place of the damaged item, as expeditiously as possible, and to return it to the original location of the Major Spare Part that was used. Payment therefore will be in accordance with Section B.04 hereof. 

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 88

  

 Any time than any Major Spare Part is used in any unit other than the Units, Dominion Virginia Power
shall be obliged to make payment to Old Dominion. The adjustment of ownership interest at the time a Major Spare Part is used shall conform, in all respects, to the provisions of Section 16.04 of the Purchase, Construction and Ownership Agreement.

  
 B.04 Cost Responsibilities – Major Spare Parts.
Cost and payment responsibilities of the Parties for the Major Spare Parts shall be determined in accordance with the following: 
  

	 	A.	Subject to the provisions of Section B.04 (D) hereof, the responsibility of the Parties for any New Investment or costs for any Major Spare Part will be shared in proportion to the
Parties then current ownership interest in that Major Spare Part. 

  

	 	B.	Dominion Virginia Power shall pay carrying charges on the interest stated in Section B.02(b), based upon the same principles under which carrying charges are paid pursuant to this
Appendix B, excluding cancellation costs, taxes payable at closing and deferred taxes set forth in Exhibit N of the Purchase Agreement and the 15 percent mark-up reflected therein, while reflecting Old Dominion’s actual cost of capital used to
finance such Major Spare Parts, rather than 11%. 

  

	 	C.	Upon the use of any Major Spare Part in a non-North Anna unit, Dominion Virginia Power shall pay Old Dominion the amount necessary so that Old Dominion’s net investment as
reflected on Old Dominion’s books in that Major Spare Part is $0. Upon the use of any Major Spare Part in a Unit, Dominion Virginia Power will cease paying carrying charges pursuant to Section B.02(b) on that Major Spare Part until a
replacement Major Spare Part is acquired. The provisions of Section 16.04 of the Purchase, Construction and Ownership Agreement shall apply to any adjustment under that Section. 

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 89

  

	 	D.	The parties shall pay for any replacement Major Spare Part, subject to the next sentence, in proportion to their respective ownership interests in the unit in which the Major Spare
Part was used, but the investment attributed to the replacement Major Spare Part when such is designated as a Major Spare Part shall be equal to the dollar amount initially invested in the Major Spare Part that was used in the Unit needing that
part. Accordingly, when the repaired or replacement part is designated a Major Spare Part, a payment shall be made to the appropriate Party so that the then resulting investment of the Parties in the Major Spare Part shall be equal to the investment
of the Parties in the Major Spare Part that was used in the Unit needing that part. 

  

	 	E.	Upon any adjustment in Old Dominion’s Percentage Ownership Interest in any Major Spare Part pursuant to Section B.02(c), payment shall be made to the Party whose ownership
interest decreased, so that the percentage investment (including all cost components comprising New Investment, undepreciated) of each Party shall be equal to that Party’s percentage ownership interest in the respective Major Spare Part.

  
 B.05 Hypothetical Illustration.

  
 Hypothetical Illustration of Cost Responsibility

 Associated with Ownership, Use and Replacement 
 Of Major Spare Parts Pursuant to Exhibit C 
  

										
	 1.
	  	Major Spare Part – Net Investment	  	$	10,000.00
	 2.
	  	Ownership Responsibility	  	 Dominion Virginia Power             88.4%
	  	$	8,840,000
	 	  	 	  	 Old Dominion
                               11.6%
	  	$	1,160,000

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 90

  

								
	 	  	 Case (1)
	  	 Major Spare Part Utilized at the
	  	 	 
	 	  	 	  	 Surry Nuclear Power Station
	  	 	 
	 	  	 	  	 - Replacement Costs More
	  	 	 
			
	 1.
	  	 Payment to Old Dominion at the time Major Spare Part is taken from its storage location
	  	$	1,160,000
			
	 2.
	  	 Cost of replacement (FOB) paid by Dominion Virginia Power (100%)
	  	$	20,000,000
			
	 3.
	  	 Payment by Old Dominion at the time Major Spare Part is replaced in its original location
	  	$	1,160,000
			
	 4.
	  	 Net Investment in the Major Spare Part for computation of cost responsibility when such part is next utilized
	  	$	10,000,000
				
	 	  	 Case (2)
	  	 Major Spare Part Utilized at the
	  	 	 
	 	  	 	  	 North Anna Nuclear Power Station
	  	 	 
	 	  	 	  	 - Replacement Costs More
	  	 	 
			
	 1.
	  	 No payment at the time Major Spare Part is taken from its storage location
	  	$	 
			
	 2.
	  	 Cost of replacement (FOB) paid by:
	  	 	 
	 	  	 Dominion Virginia Power (88.4% x $20,000,000)
	  	$	17,680,000
	 	  	 Old Dominion (11.6% x $20,000,000)
	  	$	2,320,000
			
	 3.
	  	 Net Investment in the Major Spare Part for computation of cost responsibility when such part is next utilized
	  	$	10,000,000
				
	 	  	 Case (3)
	  	 Major Spare Part Utilized at the
	  	 	 
	 	  	 	  	 Surry Nuclear Power Station
	  	 	 
	 	  	 	  	 - Replacement Costs Less
	  	 	 
			
	 1.
	  	 Payment to Old Dominion at the time Major Spare Part is taken from its storage location
	  	$	1,160,000
			
	 2.
	  	 Cost of replacement (FOB) paid by Dominion Virginia Power (100%)
	  	$	5,000,000
			
	 3.
	  	 Payment by Old Dominion at the time Major Spare Part is replaced in its original location
	  	$	1,160,000
			
	 4.
	  	 Net Investment in the Major Spare Part for computation of cost responsibility when such part is next utilized
	  	$	10,000,000

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 91

  

								
	 	  	 Case (4)
	  	 Major Spare Part Utilized at the
	  	 	 
	 	  	 	  	 North Anna Nuclear Power Station
	  	 	 
	 	  	 	  	 - Replacement Costs Less
	  	 	 
			
	 1.
	  	 No payment at the time Major Spare Part is taken from its storage location
	  	$	 
			
	 2.
	  	 Cost of replacement (FOB) paid by:
	  	 	 
	 	  	 Dominion Virginia Power (88.4% x $5,000,000)
	  	$	4,420,000
	 	  	 Old Dominion (11.6% x $5,000,000)
	  	$	580,000
			
	 3.
	  	 Net Investment in the Major Spare Part for computation of cost responsibility when such part is next utilized
	  	$	10,000,000

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 92

  

 APPENDIX C 
 NORTH ANNA UNIT 1 
  
 All property of Dominion Virginia Power appearing in the following accounts on Dominion Virginia Power’s books of account that is defined as North Anna Unit 1 in this Agreement as well as the Construction Work in Progress and the
Completed Construction Not Classified related thereto: 
  

			
	 FERC
 ACCOUNT

	  	 DESCRIPTION

	 321
	  	 Structures and Improvements

	 322
	  	 Reactor Plant Equipment

	 323
	  	 Turbogenerator Units

	 324
	  	 Accessory Electric Equipment

	 325
	  	 Miscellaneous Power Plant Equipment

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 93

  

 APPENDIX D 
 NORTH ANNA UNIT 2 
  
 All
property of Dominion Virginia Power appearing in the following accounts on Dominion Virginia Power’s books of account that is defined as North Anna Unit 2 in this Agreement as well as the Construction Work in Progress and the Completed
Construction Not Classified related thereto: 
  

			
	 FERC
 ACCOUNT

	    	 DESCRIPTION

	 321
	    	 Structures and Improvements

	 322
	    	 Reactor Plant Equipment

	 323
	    	 Turbogenerator Units

	 324
	    	 Accessory Electric Equipment

	 325
	    	 Miscellaneous Power Plant Equipment

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 94

  

 APPENDIX E 
 MEMBERS 
  
 BARC
Electric Cooperative 
 Millboro, VA 
  
 Community Electric Cooperative 
 Windsor, VA

  
 Mecklenburg Electric Cooperative 
 Chase City, VA 
  
 Northern Neck Electric Cooperative 
 Warsaw,
VA 
  
 Northern Virginia Electric Cooperative 
 Manassas, VA 
  
 Prince George Electric Cooperative 
 Waverly,
VA 
  
 Rappahannock Electric Cooperative 
 Fredericksburg, VA 
  
 Shenandoah Valley Electric Cooperative 
 Mt.
Crawford, VA 
  
 Southside Electric Cooperative 
 Crewe, VA 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 95

  

 APPENDIX F 
 SUPPORT FACILITIES 
  
 F.01 Definition of Support Facilities. At the Effective Date, the following shall be the Support Facilities: 
  

			
	 ELECTRIC PLANT IN SERVICE
	 	 
		
	 FERC ACCOUNT
	 	 DESCRIPTION

	 353
	 	 Transmission Station Equipment

		
	 	 	 Telemetering Equipment

		
	 COMPLETED CONSTRUCTION NOT CLASSIFIED
	 	 
		
	 PROJECT NO.
	 	 DESCRIPTION

	 99-0182
	 	 Surry Nuclear Training Simulator

	 99-0313
	 	 Personnel Radiation Monitoring Exposure System

	 99-2291
	 	 Nuclear Station Emergency Plan

	 	 	 Total Completed Construction Not Classified

		
	 CONSTRUCTION WORK IN PROGRESS
	 	 
		
	 PROJECT NO.
	 	 DESCRIPTION

  
 Thereafter, Support
Facilities shall mean all those North Anna Facilities, wherever situated, including, but not limited to, both real and personal property, exclusive of Nuclear Fuel, Operating Inventory and Major Spare Parts, which are purchased, leased or otherwise
obtained for the construction, operation and maintenance of one or more Unit(s) located at the North Anna Nuclear Power Station and one or more nuclear Unit(s) located at Dominion Virginia Power Surry Nuclear Power Station or at such other location
as Dominion Virginia Power may have an interest in any nuclear facility and are listed in the following accounts in accordance with the Uniform System of Accounts: 
  

					
	 	 	Plant In Service Acct. 101	 	CCNC Acct. 106
	 321 – Structures and Improvements
	 	 	 	 
	 325 – Miscellaneous Power Plant Equipment
	 	 	 	 
	 353 – Transmission Station Equipment
	 	 	 	 
	 397 – Communication Equipment
	 	 	 	 

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 96

  

 Construction Work in Progress 
  
 F.02 Old Dominion’s Percentage Ownership Interest in Support Facilities. (a) Except as otherwise modified by the
operation of Sections 15.03, 16.01 or 16.02 of the Purchase, Construction and Ownership Agreement, Old Dominion’s Percentage Ownership Interest in any Support Facility shall be an undivided ownership interest determined in accordance with the
following formula: 
  

			
	SFOI =	  	 Sum of Old Dominion Percentage Ownership Interests in all Units that the Support Facility
serves

	  	 Number of units served by Support Facility

  
 (b) It is the
intention of the Parties that the formula be reapplied at any time that the number of units served by any Support Facility changes for any reason. In any case where ownership interest of the Parties are adjusted, the provisions of Section 16.04 of
the Purchase, Construction and Operating Agreement, shall apply and appropriate payment shall be made pursuant to Section F.03 hereof. 
  
 F.03 Investment and Cost Responsibilities of the Parties for Support Facilities. The investment and cost responsibilities of the Parties for any
Support Facility will be shared in proportion to the Parties’ then current ownership interest in that Support Facility. Upon any 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 97

  

 adjustment in Old Dominion’s Percentage Ownership Interest in any Support Facility, payment shall be to the
Party whose ownership decreased, so that the percentage investment (including all cost components comprising New Investment, undepreciated) of each Party shall be equal to that Party’s percentage ownership interest in the respective Support
Facility. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 98

  

 APPENDIX G 
 MONTHLY RESERVE ENERGY CHARGES 
  
 For the period after the termination of Article VIII, the Monthly Reserve Energy Charge shall be determined annually based on the projected energy costs of designated Dominion Virginia Power peaking units operating at the time and included
in the production cost model used by Dominion Virginia Power to develop its annual corporate budget, subject to an annual true-up on fuel costs (including H&A), in accordance with the provisions stated below. The projected energy costs shall
include fuel, H&A, and variable O&M expenses. The Monthly Reserve Energy Charge determined in this section shall be applicable to all Old Dominion Reserve Energy supplied by Dominion Virginia Power. 
  

									
	 	  	RECe	  	=	  	RECRe + VOMr
				
	 Where:
	  	RECRe	  	=	  	Projected Monthly Reserve Energy Charge rate based on projected fuel cost (including H&A) for designated peaking units on a $/kWh Basis
				
	 	  	RECe	  	=	  	Projected Monthly Reserve Energy Charge

  

											
	 	  	 	  	 	  	r	  	 
	 	  	VOMr	  	=	  	S	  	[projected year’s peaking units’ total O&M cost
	 	  	 	  	 	  	Rdpu = 1	  	- projected year’s peaking units’ fuel and H&A cost]

  

											
						
	 	  	 	  	 	  	 	  	r	  	 
	 	  	 	  	 	  	            x 0.35	  	÷ S	  	Projected Year’s Peaking Units’ Energy
	 	  	 	  	 	  	 	  	Rdpu	  	 

  

											
	 	  	Rdpu = designated peaking units index
	 	  	r = total number of peaking units
		
	 	  	For the Monthly Reserve Energy Charge annual true-up, Dominion Virginia Power’s twelve month ending report entitled “Dominion Virginia Power – Fuels Consumed Within
Power Stations” for each respective year will be used to determine the actual fuel costs of the designated Dominion Virginia Power peaking units. The amount of refund or credit due to the respective Party shall be determined as
follows:

  

									
	 	  	RECD     =  	  	        REa x (RECRe - FRECa)
			
	Where:	  	RECD    =    	  	Amount of Monthly Reserve Energy Charge adjustment

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 99

  

	

					
	 REa
	  	=	  	Actual Annual Old Dominion Reserve Energy
			
	 FRECa
	  	=	  	Monthly Reserve Energy Charge rate based on actual fuel cost (including H&A) for designated peaking units on a $/kWh basis.

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 100

  

 APPENDIX H 
 DETERMINATION OF OLD DOMINION RESERVE ENERGY 
  

							
	 I.
	  	 Old Dominion Reserve Energy is equal to:

				
	 	  	 	  	 (a)
	  	Old Dominion Monthly North Anna Energy that would have been produced for the month were the Old Dominion Monthly North Anna Capacity fully available all month,
				
	 	  	 Plus
	  	 (b)
	  	Old Dominion Monthly Accredited Non-firm Energy that would have been produced for the month were the Old Dominion Monthly Accredited Non-firm Capacity fully available all
month,
				
	 	  	 Less
	  	 (c)
	  	Old Dominion Monthly Accredited Non-firm Energy that could have been produced but was not produced for economic dispatch reasons,
				
	 	  	 Less
	  	 (d)
	  	Old Dominion Monthly North Anna Energy,
				
	 	  	 Less
	  	 (e)
	  	Old Dominion Monthly Accredited Non-Firm Energy,
				
	 	  	 Less
	  	 (f)
	  	Displacement Reserve Energy.

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 101

  

 APPENDIX I 
 CHARGES FOR RESERVE CAPACITY 
  
 Charges for Buyer’s purchases of Reserve Capacity from Dominion Virginia Power shall be calculated according to the following provisions, subject to approval of these terms, conditions and charges by FERC: 
  
 The Reserve Capacity Charge shall be determined in accordance with Section
9.01 of this Agreement. 
  
 The Reserve Capacity Charge shall be
as set forth below: 
  

			
	 Old Dominion Reserve Capacity - North Anna (a)
	  	                Kw
	 Old Dominion Reserve Capacity - Clover (a)
	  	                Kw
	 Reserve Capacity Charge per Kw:
	  	 

  
 The Reserve Capacity
Charge shall be determined based on designated Dominion Virginia Power-owned peaking units. The Reserve Capacity Charges are set forth below: 
  
 Reserve Capacity Charge per Kw: 
  
 the period beginning with the Effective Date and continuing through Calendar Year 2005 
  
 $3.948/Kw - month 
  
 The rate for the Calendar Year 2005 above will continue thereafter until either Party gives the other Party six months written notice to change the rate.

  
 The above Reserve Capacity Charges are exclusive of ancillary
service charges which shall be paid pursuant to the Open Access Transmission Tariff.  
  
 [Note (a): Old Dominion Reserve Capacity will be adjusted from time to time to reflect adjustments to the System Reserve Margin and to reflect the current rated capability of the generator units.] 

 

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 102

  

 APPENDIX J 
 CAPABILITY TABLE FOR MARSH RUN AND LOUISA FACILITIES 
  

																							
	 Unit Name

	  	Summer (June-September)

	  	Other Months

	  	 Variable
O&M
 $/Mwhr

	  	 Start Up
Cost
 $/Start

	  	Max
Capacity
MW

	  	Min Capacity
MW

	  	Max HR
Btu/kwhr

	  	Min HR
Btu/kwhr

	  	Max Capacity
MW

	  	Min Capacity
MW

	  	Max HR
Btu/kwhr

	  	Min HR
Btu/kwhr

	  	  
	 Louisa 7F
	  	155	  	100	  	10,700	  	11,700	  	189	  	115	  	10,200	  	11,200	  	$	2.19	  	$	5,500
	 Louisa 7E1
	  	76	  	50	  	11,900	  	12,300	  	88	  	53	  	11,400	  	11,800	  	$	2.19	  	$	4,600
	 Louisa 7E2
	  	76	  	50	  	11,900	  	12,300	  	88	  	53	  	11,400	  	11,800	  	$	2.19	  	$	4,600
	 Louisa 7E3
	  	76	  	50	  	11,900	  	12,300	  	88	  	53	  	11,400	  	11,800	  	$	2.19	  	$	4,600
	 Louisa 7E4
	  	76	  	50	  	11,900	  	12,300	  	88	  	53	  	11,400	  	11,800	  	$	2.19	  	$	4,600
	 Marsh Run1*
	  	155	  	100	  	10,700	  	11,700	  	189	  	115	  	10,200	  	11,200	  	$	2.19	  	$	5,500
	 Marsh Run2*
	  	155	  	100	  	10,700	  	11,700	  	189	  	115	  	10,200	  	11,200	  	$	2.19	  	$	5,500
	 Marsh Run3*
	  	155	  	100	  	10,700	  	11,700	  	189	  	115	  	10,200	  	11,200	  	$	2.19	  	$	5,500

	*	All Marsh Run values are estimated numbers which will be ultimately determined based on performance testing and site specific cost information. 

  
 Summer ratings are based on 90 degrees and 60% humidity; winter ratings are
based on 32 degrees. Actual capability will vary with ambient conditions. 
  
 Capacity and heat rate values are “new and clean” and do not consider degradation over the term of the Agreement. They may need to be modified for such degradation. 
  
 Variable O&M includes electricity for start-up, chemicals and routine
maintenance. No emissions allowance costs are included and will need to be added beginning summer 2004. Start up costs includes long-term maintenance and fuel cost for start-up assuming $5.43/mbtu gas. 
  
 The total capability of each of the Louisa Plant and the Marsh Run Plant is
limited to the lesser of the amounts shown (as potentially modified, pursuant to the foregoing) or the amount of Network Integration Transmission Service that is available from that plant. 
  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 103

  

 APPENDIX K 
 DOMINION VIRGINIA POWER 
 MONTHLY STATEMENT TO THE 
 COOPERATIVES 
 MONTH OF
                         20         
  

						
	 (1)
	  	 Total Operation and Maintenance Charges
	  	 	 
	 (2)
	  	 New Investment including Nuclear Fuel
	  	 	 
	 (3)
	  	 Charges for Supplemental Energy (Article VIII)
	  	 	 
	 (4)
	  	 Reserve Energy Charges (Article IX)
	  	 	 
	 (5)
	  	 Reserve Capacity Charges (Appendix I)
	  	 	 
	 (6)
	  	 Rappahannock Wheeling Charge Credit
	  	 	 
	 (7)
	  	 PJM Charges (Specify)
	  	 	 
	 (8)
	  	 Other (Specify)
	  	 	 
	 TOTAL
	  	$	                        

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 104

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA NUCLEAR STATION 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES

 (MONTH OF) BILL 
 (MONTH) BUDGET 
 See Footnote (A) of Appendix L 
  
 I. BILLING FORMAT 
  
 North Anna Station Costs - ODEC’s Budget at 11.6% 
  

					
	 	  	 	  	(MONTH)

	 STATION TOTAL O&M BY G/L ACCOUNT
	  	—  
	 	  	 	  	

			
	 5300110-5300220
	  	 Salaries
	  	—  
	     5304100-5304320
	  	 Materials & Supplies
	  	—  
	 5303010
	  	 Contractor Labor
	  	—  
	 5303030
	  	 Services
	  	—  
	 5399900
	  	 Other Expenses
	  	—  
	 	  	 	  	

	 	  	 Total Activity Allocations
	  	—  
	 	  	 	  	

	 Act. Allocations
	  	 Act. All/Planned Project Labor
	  	—  
	 Act. Allocations
	  	 Shared Services - Labor
	  	—  
	 	  	 Cost of Removal
	  	—  
	 	  	 	  	

	 	  	 Total Payroll Adders
	  	—  
	 	  	 	  	

	 8100015
	  	 Success Sharing
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  
	 8100000
	  	 Benefits/Pensions
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 105

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER  
 NORTH ANNA NUCLEAR STATION 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSE

 (MONTH OF) BILL 
 (MONTH) ACTUALS 
 See Footnote (A) of Appendix L 
  

					
	 COST ELEMENT GROUP-XJO_NA02

	  	100%
Actuals

	  	 ODEC’s Rate
 11.60%
 ODEC’S
Ownership

	 5001040 Fuel Expense - #2 Oil
	  	—  	  	—  
	 5001045 Fuel Expense - #2 Oil EDG
	  	—  	  	—  
	     5300110 Sal-ST Wages
	  	—  	  	—  
	     5300120 Sal-OT Wages
	  	—  	  	—  
	     5300130 Sal-Supp Pay
	  	—  	  	—  
	     5300140 Sal-Adm Leave
	  	—  	  	—  
	     5300170 Sal-Incentive/Bonu
	  	—  	  	—  
	     5300180 Sal-Incentive Pay
	  	—  	  	—  
	     5300210 Hrly-ST Wages
	  	—  	  	—  
	     5300220 Hrly-OT Wages
	  	—  	  	—  
	     5300230 Hrly-Supp Pay
	  	—  	  	—  
	     5302010 Travel Expense
	  	—  	  	—  
	     5302020 Entertainment Expn
	  	—  	  	—  
	     5302110 Recruiting Expense
	  	—  	  	—  
	     5302120 Transfer/Relocatio
	  	—  	  	—  
	     5302920 Tuition Reimbursmn
	  	—  	  	—  
	     5302930 Employee Relations
	  	—  	  	—  
	     5302940 Safety Functions
	  	—  	  	—  
	     5302990 Misc Emp Related E
	  	—  	  	—  
	     5303010 Contractor Labor S
	  	—  	  	—  
	     5303011 Contractor Equipme
	  	—  	  	—  
	     5303015 Contractor Labor O
	  	—  	  	—  
	     5303020 Contractor Materia
	  	—  	  	—  
	     5303030 Contractor Service
	  	—  	  	—  
	     5303110 Office Equip Maint
	  	—  	  	—  
	     5303130 Building/Grds Main
	  	—  	  	—  
	     5303190 Misc Repairs/Maint
	  	—  	  	—  
	     5303310 Consultant Service
	  	—  	  	—  
	     5303320 Training Services
	  	—  	  	—  
	     5303850 Testing Services
	  	—  	  	—  
	     5303890 Misc. Outside Svcs
	  	—  	  	—  
	     5304100 Material Exp-Stock
	  	—  	  	—  
	     5304105 Material Exp-Stk C
	  	—  	  	—  
	     5304110 Material Exp-Cst D
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 106

  

 APPENDIX L 
  
 VIRGINIA POWER 
 NORTH ANNA NUCLEAR STATION 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSE

 (MONTH OF) BILL 
 (MONTH) ACTUALS 
 See Footnote (A) of Appendix L 
  

					
	 COST ELEMENT GROUP-XJO_NA02

	  	100%
Actuals

	  	 ODEC’s Rate
 11.60%
ODEC’S
Ownership

	     5304120 Material Exp-Obsle
	  	—  	  	—  
	     5304140 Material Exp-Inv R
	  	—  	  	—  
	     5304200 Material Exp-Non S
	  	—  	  	—  
	     5304310 Office Supplies
	  	—  	  	—  
	     5304320 Postage & Shipping
	  	—  	  	—  
	     5304330 Laboratory Supplie
	  	—  	  	—  
	     5304350 Office Furn & Equi
	  	—  	  	—  
	     5304390 Misc Supplies
	  	—  	  	—  
	     5304400 VISA Purchases
	  	—  	  	—  
	     5304410 Purchsng Card Exp
	  	—  	  	—  
	     5307010 Rent Exp-Buildings
	  	—  	  	—  
	     5307030 Rent Exp-Equipment
	  	—  	  	—  
	     5307040 Rent Exp-Vehicles
	  	—  	  	—  
	     5307090 Rent Exp-Misc
	  	—  	  	—  
	     5308010 Subscriptions
	  	—  	  	—  
	     5308020 Professional Dues
	  	—  	  	—  
	     5308040 Industry Assoc Due
	  	—  	  	—  
	     5309010 Utilities - Electr
	  	—  	  	—  
	     5309020 Utilities - Phone
	  	—  	  	—  
	     5310030 Regulatory Fees
	  	—  	  	—  
	     5310050 Environmental Fees
	  	—  	  	—  
	     5310090 Miscellaneous Fees
	  	—  	  	—  
	     5399070 Vehicle Expenses-M
	  	—  	  	—  
	     5399900 Miscellaneous Exp
	  	—  	  	—  
	     8100018 Vehicle Indirect C
	  	—  	  	—  
	     8201003 Enginring/Design S
	  	—  	  	—  
	     8201009 Training
	  	—  	  	—  
	     8201014 Technical Support
	  	—  	  	—  
	     8201016 Information Technology
	  	—  	  	—  
	     8201018 Electrical ST
	  	—  	  	—  
	     8201019 Operations - ST
	  	—  	  	—  
	     8201022 Mechanical - ST
	  	—  	  	—  
	     8201024 Helper - ST
	  	—  	  	—  
	     8201026 Radwaste Mangemnt
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 107

  

 APPENDIX L 
  
 VIRGINIA POWER  
 NORTH ANNA NUCLEAR STATION 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSE

 (MONTH OF) BILL 
 (MONTH) ACTUALS 
 See Footnote (A) of Appendix L 
  

					
	 COST ELEMENT GROUP-XJO_NA02

	  	100%
Actuals

	  	 ODEC’s Rate
 11.60%
ODEC’S
Ownership

	     8201032 Supervision
	  	—  	  	—  
	     8201114 Technical Support
	  	—  	  	—  
	     8201119 Operations - OT
	  	—  	  	—  
	     8202001 Vehicle Usage
	  	—  	  	—  
	 Subtotal
	  	—  	  	—  
			
	 Payroll Adders
	  	 	  	 
			
	 8703100 Payroll Taxes
	  	—  	  	—  
	 8100000 Benefits
	  	—  	  	—  
	 	  	
	  	

	 Subtotal
	  	—  	  	—  
	 TOTAL
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 108

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA NUCLEAR STATION 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES

 (MONTH OF) BILL 
 BUDGET REVERSAL FOR (MONTH, YEAR) 
 See Footnote (A) of Appendix L 
  
 North Anna Station Costs - ODEC’s Budget at 11.6% 
  

					
	 	  	 	  	(MONTH)

	 TOTAL O&M BY G/L ACCOUNT
	  	—  
	 	  	 	  	

	 5300110-5300220
	  	 Salaries
	  	—  
	 5304100-5304320
	  	 Materials & Supplies
	  	—  
	 5303010
	  	 Contractor Labor
	  	—  
	 5303030
	  	 Services
	  	—  
	 5399900
	  	 Other Expenses
	  	—  
	 	  	 	  	

	 	  	 Total Activity Allocations
	  	—  
	 	  	 	  	

	 Act. Allocations
	  	 Act. All/Planned Project Labor
	  	—  
	 Act. Allocations
	  	 Shared Services - Labor
	  	—  
	 	  	 Cost of Removal
	  	—  
	 	  	 	  	

	 	  	 Total Payroll Adders
	  	—  
	 	  	 	  	

	 8100015
	  	 Success Sharing
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  
	 8100000
	  	 Benefits/Pensions
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 109

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA NUCLEAR STATION - COMMERCIAL 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE
EXPENSES 
 (MONTH OF) BILL 
 (MONTH) BUDGET 
 See Footnote (A) of Appendix L 

 
 AT ODEC’S BUDGET @ 11.6% 
  

					
	 	  	 	  	(MONTH)

	 Total O&M Commercial - N.A. Station
	  	—  
	 	  	 	  	

	 Total O&M Expenses:
	  	—  
	 	  	 	  	

	 5300110
	  	 Wages
	  	—  
	 5304100
	  	 Mat. - Stock
	  	—  
	 5303890
	  	 Outside Serv.
	  	—  
	 8100013
	  	 Transpor.
	  	—  
	 Billing Surcharge of 10.5%
	  	 	  	—  
	 	  	 	  	

	 Total Payroll Adders:
	  	 	  	—  
	 	  	 	  	

	 8100015
	  	 Suc. Share
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  
	 8100000
	  	 Benefits
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 110

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER  
 NORTH ANNA NUCLEAR STATION- COMMERCIAL 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE
EXPENSE 
 (MONTH OF) BILL 
 (MONTH) ACTUALS 
 See Foonote (A) of Appendix L 

 

					
	 COST ELEMENT GROUP-XJO_NA02

	  	100%
Actuals

	  	 ODEC’s Rate
11.60%
 ODEC’S
Ownership

	 	  	 	  	 
	 	  	 	  	 
	 	  	 	  	 
	 	  	 	  	 
	 	  	 	  	 
	 	  	 	  	 
	 	  	 	  	 

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 111

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA NUCLEAR STATION - COMMERCIAL 
 NUCLEAR PRODUCTION OPERATION AND MAINTENANCE
EXPENSES 
 (MONTH OF) BILL 
 BUDGET REVERSAL FOR (MONTH, YEAR) 
 See Footnote (A) of Appendix
L 
  
 AT ODEC’S BUDGET @ 11.6% 

 

					
	 	  	 	  	(MONTH)

	 Total O&M Commercial - N.A. Station
	  	—  
	 	  	 	  	

	 Total O&M Expenses:
	  	—  
	 	  	 	  	

	         5300110
	  	 Wages
	  	—  
	         5304100
	  	 Mat. - Stock
	  	—  
	         5303890
	  	 Outside Serv.
	  	—  
	         8100013
	  	 Transpor.
	  	—  
	 	  	 	  	

	 Billing Surcharge of 10.5%
	  	—  
	 	  	 	  	

	 Total Payroll Adders:
	  	—  
	 	  	 	  	

	         8100015
	  	 Suc. Share
	  	—  
	         5703100
	  	 Payroll Taxes
	  	—  
	         8100000
	  	 Benefits
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 112

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER  
 OTHER NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES 
 (MONTH OF) BILL

 (MONTH) BUDGET 
 See Footnote (B) of Appendix L 
  

					
	 	  	 	  	(MONTH)

	 Total G&A by G/L Account:
	  	—  
	 	  	 	  	

	     5300110-5300220
	  	 Salaries
	  	—  
	 	  	 	  	

	 	  	 Total Materials:
	  	—  
	 	  	 	  	

	     5304100-5304320
	  	 Materials & Supplies
	  	—  
	     5304100-5304320
	  	 Planned Matl Overhead
	  	—  
	 5303010
	  	 Contractor Labor
	  	—  
	 5303030
	  	 Services
	  	—  
	 5399900
	  	 Other Expenses
	  	—  
	 5310030
	  	 Regulatory Fees (NRC, FEMA, State EP)
	  	—  
	 Act. Allocations
	  	 Planned Project Labor
	  	—  
	 	  	 	  	

	 	  	 Total Payroll Adders
	  	—  
	 	  	 	  	

	 8100000
	  	 Benefits/Pensions
	  	—  
	 8100015
	  	 Success Sharing
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 113

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER  
 OTHER NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES 
 (MONTH OF) BILL

 (MONTH) ACTUALS 
 See Footnote (B) of Appendix L 
  

					
	 COST ELEMENT GROUP-XJO_NA91

	  	100%
Actuals

	  	 ODEC’S
 Ownership

	     5300110 Sal-ST Wages
	  	—  	  	—  
	     5300120 Sal-OT Wages
	  	—  	  	—  
	     5300130 Sal-Supp Pay
	  	—  	  	—  
	     5300170 Sal-Incentive/Bonu
	  	—  	  	—  
	     5300180 Sal-Incentive/Pay
	  	—  	  	—  
	     5300210 Hrly-ST Wages
	  	—  	  	—  
	     5300220 Hrly-OT Wages
	  	—  	  	—  
	     5300230 Hrly-Supp Pay
	  	—  	  	—  
	     5302010 Travel Expense
	  	—  	  	—  
	     5302110 Recruiting Expense
	  	—  	  	—  
	     5302120 Transfer/Relocatio
	  	—  	  	—  
	     5302920 Tuition Reimbursmn
	  	—  	  	—  
	     5302930 Employee Relations
	  	—  	  	—  
	     5302940 Safety Functions
	  	—  	  	—  
	     5302990 Misc Emp Related E
	  	—  	  	—  
	     5303010 Contractor Labor S
	  	—  	  	—  
	     5303015 Contractor Labor Ov
	  	—  	  	—  
	     5303030 Contractor Service
	  	—  	  	—  
	     5303110 Office Equip Maint
	  	—  	  	—  
	     5303120 Comp & Sftware Mai
	  	—  	  	—  
	     5303130 Building/Grds Main
	  	—  	  	—  
	     5303190 Misc Repairs/Maint
	  	—  	  	—  
	     5303310 Consultant Service
	  	—  	  	—  
	     5303320 Training Services
	  	—  	  	—  
	     5303840 Securty&Invstgtn S
	  	—  	  	—  
	     5303890 Misc. Outside Svcs
	  	—  	  	—  
	     5304100 Material Exp-Stock
	  	—  	  	—  
	     5304105 Material Exp-Stk C
	  	—  	  	—  
	     5304120 Material Exp-Obsle
	  	—  	  	—  
	     5304200 Material Exp-Non S
	  	—  	  	—  
	     5304210 Auto Parts & Supp
	  	—  	  	—  
	     5304310 Office Supplies
	  	—  	  	—  
	     5304320 Postage & Shipping
	  	—  	  	—  
	     5304330 Laboratory Supplie
	  	—  	  	—  
	     5304340 Sftwr/Hrdwr Purch
	  	—  	  	—  
	     5304350 Office Furn & Equip
	  	—  	  	—  
	     5304360 Promotion Supplies
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 114

  

 APPENDIX L 
  
 VIRGINIA POWER 
 OTHER NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES 
 (MONTH OF) BILL

 (MONTH) ACTUALS 
 See Footnote (B) of Appendix L 
  

					
	 COST ELEMENT GROUP-XJO_NA91

	  	100%
Actuals

	  	ODEC’S
Ownership

	     5304390 Misc Supplies
	  	—  	  	—  
	     5304410 Purchsng Card Exp
	  	—  	  	—  
	     5307030 Rent Exp-Equipment
	  	—  	  	—  
	     5307040 Rent Exp-Vehicles
	  	—  	  	—  
	     5307090 Rent Exp-Misc
	  	—  	  	—  
	     5308010 Subscriptions
	  	—  	  	—  
	     5308020 Professional Dues
	  	—  	  	—  
	     5308040 Industry Assoc Due
	  	—  	  	—  
	     5308090 Other Dues&Members
	  	—  	  	—  
	     5309010 Utilities - Electr
	  	—  	  	—  
	     5309020 Utilities - Phone
	  	—  	  	—  
	     5310020 Licensing Fees
	  	—  	  	—  
	     5310030 Regulatory Fees
	  	—  	  	—  
	     5399070 Vehicle Expenses-M
	  	—  	  	—  
	     5399900 Miscellaneous Exp
	  	—  	  	—  
	     8100018 Vehicle Indirect C
	  	—  	  	—  
	     8201001 Finance/Accting ST
	  	—  	  	—  
	     8201003 Enginring/Design S
	  	—  	  	—  
	     8201005 Environmental
	  	—  	  	—  
	     8201007 Fuel Management
	  	—  	  	—  
	     8201008 Administration ST
	  	—  	  	—  
	     8201010 Management
	  	—  	  	—  
	     8201014 Technical Support
	  	—  	  	—  
	     8201016 Information Technology
	  	—  	  	—  
	     8201032 Supervision
	  	—  	  	—  
	     8201056 Supply Chain - ST
	  	—  	  	—  
	     8201103 Enginring/Design - OT
	  	—  	  	—  
	     8201105 Environmental - OT
	  	—  	  	—  
	     8201116 Info Tech - OT
	  	—  	  	—  
	     8360020 Settle from Wires
	  	—  	  	—  
	     8360025 Settle from Bulk P
	  	—  	  	—  
	     8400000 MATERIAL OVERHEAD
	  	—  	  	—  
	     8402001 BILLING/G&A SURCHR
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 115

  

 APPENDIX L 
  
 VIRGINIA POWER  
 OTHER NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES 
 (MONTH OF) BILL

 (MONTH) ACTUALS 
 See Footnote (B) of Appendix L 
  

					
	 COST ELEMENT GROUP-XJO_NA91

	  	100%
Actuals

	  	 ODEC’S
 Ownership

	 Subtotal
	  	—  	  	—  
			
	 Payroll Adders
	  	 	  	 
	 8100000 Benefits
	  	—  	  	—  
	 5703100 Payroll Taxes
	  	—  	  	—  
	 	  	
	  	

	 Subtotal
	  	—  	  	—  
	 	  	
	  	

	 TOTAL
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 116

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 OTHER NUCLEAR PRODUCTION OPERATION AND MAINTENANCE EXPENSES 
 (MONTH OF) BILL

 BUDGET REVERSAL FOR (MONTH, YEAR) 
 See Footnote (B) of Appendix L 
  

					
	 	  	 	  	(MONTH)

	 Total G&A by G/L Account:
	  	—  
	 	  	 	  	

	     5300110-5300220
	  	 Salaries
	  	—  
	 	  	 	  	

	 	  	 Total Materials:
	  	—  
	 	  	 	  	

	     5304100-5304320
	  	 Materials & Supplies
	  	—  
	     5304100-5304320
	  	 Planned Matl Overhead
	  	—  
	 5303010
	  	 Contractor Labor
	  	—  
	 5303030
	  	 Services
	  	—  
	 5399900
	  	 Other Expenses
	  	—  
	 5310030
	  	 Regulatory Fees (NRC, FEMA, State EP)
	  	—  
	 Act. Allocations
	  	 Planned Project Labor
	  	—  
	 	  	 	  	

	 	  	 Total Payroll Adders
	  	—  
	 	  	 	  	

	 8100000
	  	 Benefits/Pensions
	  	—  
	 8100015
	  	 Success Sharing
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 117

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA POWER STATION 
 ADMINISTRATIVE &GENERAL (A&G) 
 (MONTH OF) BILL 
  

								
	 FERC
ACCOUNT

	  	 	  	 ODEC’S
 FLAT FEE

	 (1)
	  	920	  	 A & G SALARIES
	  	$	40,000
	 (2)
	  	921	  	 OFFICE SUPPLIES
	  	 	15,000
	 (3)
	  	922	  	 A&G EXPENSE TRANS.-CREDIT
	  	 	 
	 (4)
	  	923	  	 OUTSIDE SERVICES
	  	 	10,000
	 (5)
	  	924	  	 PROPERTY INSURANCE
	  	 	 
	 (6)
	  	925	  	 INJURIES & DAMAGES
	  	 	5,000
	 (7)
	  	927	  	 FRANCHISE REQUIREMENTS
	  	 	 
	 (8)
	  	928	  	 REGULATORY COMMISSION EXPENSE
	  	 	 
	 (9)
	  	929	  	 DUPLICATE CHARGES-CREDIT
	  	 	 
	 (10)
	  	930	  	 MISC. GENERAL EXPENSES
	  	 	10,000
	 (11)
	  	931	  	 RENTS
	  	 	10,000
	 	  	 	  	 	  	
	

	 	  	 	  	 TOTAL A&G
	  	$	90,000
	 	  	 	  	 	  	
	

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 118

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA SWITCHYARD 
 (MONTH OF) BILL 
 (MONTH) BUDGET 
 See Footnote (C) of Appendix L 
  

					
	 	  	 	  	(MONTH)

	 TOTAL O&M - Switchyard
	  	—  
	 	  	 	  	

	 Total O&M Expense:
	  	—  
	 	  	 	  	

	 5300110
	  	 Wages
	  	—  
	 5304100
	  	 Mat. - Stock
	  	—  
	 8100013
	  	 Transpor.
	  	—  
	 Billing Surcharge of 10.5%
	  	 	  	—  
	 	  	 	  	

	 Total Payroll Adders:
	  	—  
	 	  	 	  	

	 8100015
	  	 Suc. Share
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  
	 8100000
	  	 Benefits
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 119

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA SWITCHYARD 
 OPERATION AND MAINTENANCE EXPENSES 
 (MONTH OF) BILL 
 (MONTH)
ACTUALS 
 See Footnote (C) of Appendix L 
  

					
	 	  	100%
ACTUAL

	  	ODEC’S
ACTUAL

	 5302010 Travel Expense
	  	—  	  	—  
	 5303030 Contractor Services
	  	—  	  	—  
	 5304100 Materials Expense - ST
	  	 	  	—  
	 5304200 Materials Expense - Non S
	  	—  	  	—  
	 8201014 Activity Allocation -
	  	—  	  	—  
	 8201015 Activity Allocation -
	  	 	  	—  
	 8201018 Activity Allocation -
	  	—  	  	—  
	 8201024 Activity Allocation -
	  	 	  	—  
	 8201032 Activity Allocation -
	  	—  	  	—  
	 8201114 Activity Allocation -
	  	—  	  	—  
	 8201118 Activity Allocation -
	  	—  	  	—  
	 8202001 Vehicle Usage
	  	—  	  	—  
	 8400000 Material Overhead
	  	 	  	—  
	 8402004 Proj. Manage. Surch
	  	—  	  	—  
	 Total North Anna Switchyard
	  	—  	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]	  	 

			
	 Virginia Electric and Power Company
 FERC Electric Tariff
Original Volume No. 6
 Original Service Agreement No. 25
	 	Original Sheet No. 120

  

 APPENDIX L 
  
 DOMINION VIRGINIA POWER 
 NORTH ANNA SWITCHYARD 
 (MONTH OF) BILL 
 BUDGET REVERSAL FOR (MONTH, YEAR) 
 See Footnote (C) of Appendix L 
  

					
	 	  	 	  	(MONTH)

	 TOTAL O&M - Switchyard
	  	—  
	 	  	 	  	

	 Total O&M Expense:
	  	—  
	 	  	 	  	

	 5300110
	  	 Wages
	  	—  
	 5304100
	  	 Mat. - Stock
	  	—  
	 8100013
	  	 Transpor.
	  	—  
	 Billing Surcharge of 10.5%
	  	 	  	—  
	 	  	 	  	

	 Total Payroll Adders:
	  	—  
	 	  	 	  	

	 8100015
	  	 Suc. Share
	  	—  
	 5703100
	  	 Payroll Taxes
	  	—  
	 8100000
	  	 Benefits
	  	—  

  

					
	 Issued by:
	  	 Gregory J. Morgan
	  	Effective: [SUPPLY]
	 	  	 Managing Director of Energy Supply
	  	 
	 Issued on:
	  	[SUPPLY]Preferred Stock Agreement

 Exhibit 4.5 
  
 PREFERRED STOCK AGREEMENT 
  
 enherent Corp. 
  
 and 
  
 its Series A Preferred Stockholders 

							
	 1.
	  	DEFINITIONS.	  	1
			
	 2.
	  	CONVERSION OR DISPOSITION.	  	2
	 	  	(a)	  	Conversion or Disposition of Preferred Stock	  	2
	 	  	(b)	  	Promissory Notes	  	3
	 	  	(c)	  	Form of Certificates	  	3
			
	 3.
	  	REPRESENTATIONS AND WARRANTIES OF ENHERENT	  	3
	 	  	(a)	  	Organization	  	3
	 	  	(b)	  	Capitalization	  	3
	 	  	(c)	  	Authority; Enforceability	  	3
	 	  	(d)	  	Noncontravention	  	3
			
	 4.
	  	REPRESENTATIONS AND WARRANTIES OF PREFERRED STOCKHOLDERS	  	4
	 	  	(a)	  	Organization	  	4
	 	  	(b)	  	Authority; Enforceability	  	4
	 	  	(c)	  	Noncontravention	  	4
	 	  	(d)	  	Investment Intent	  	4
			
	 5.
	  	REGISTRATION.	  	4
	 	  	(a)	  	Definitions	  	4
	 	  	(b)	  	Shelf Registration.	  	5
	 	  	(c)	  	Obligations of enherent	  	6
	 	  	(d)	  	Indemnification.	  	6
	 	  	(e)	  	Reports Under Exchange Act	  	8
	 	  	(f)	  	Assignment of Registration Rights	  	8
	 	  	(g)	  	Limitations on Subsequent Registration Rights	  	9
	 	  	(h)	  	Amendment of Registration Rights	  	9
			
	 6.
	  	MISCELLANEOUS.	  	9
	 	  	(a)	  	Press Releases and Public Announcements	  	9
	 	  	(b)	  	No Third Party Beneficiaries	  	9
	 	  	(c)	  	Entire Agreement	  	9
	 	  	(d)	  	Succession and Assignment	  	9
	 	  	(e)	  	Counterparts	  	9
	 	  	(f)	  	Headings	  	9
	 	  	(g)	  	Notices	  	9
	 	  	(h)	  	Governing Law	  	10
	 	  	(i)	  	Amendments and Waivers	  	10
	 	  	(j)	  	Severability	  	10
	 	  	(k)	  	Expenses	  	11
	 	  	(l)	  	Construction	  	11
	 	  	(m)	  	Incorporation of Schedule 1 and Schedule 2	  	11
		
	 EXHIBITS
	  	 
			
	Schedule 1	  	Chart	  	 
	Schedule 2	  	Promissory Note Terms	  	 
	Schedule 3	  	Capitalization Table	  	 
	 	  	 	  	 	  	 

  

 - ii - 

 PREFERRED STOCK AGREEMENT 
  
 Agreement entered into on October 28, 2004 by and between enherent Corp., a Delaware corporation
(“enherent”) and the preferred stockholders of enherent, each of which is referred to herein as a “Preferred Stockholder”. enherent and the Preferred Stockholders are each referred to herein as a
“Party” and collectively as the “Parties.” 
  
 RECITALS 
  
 Whereas, enherent proposes to issue to Tudor BVI Global Portfolio Ltd. (“Tudor BVI”) 3,885,538 shares of its common stock, $0.001 par value per share, in consideration for (i) the conversion or disposition to
enherent of 1,942,769 shares of enherent’s Series A Preferred Stock, $0.001 par value per share, held by Tudor BVI and (ii) the cancellation of warrants to purchase 971,385 shares of enherent’s common stock, $0.001 par value per share,
issued to Tudor BVI in connection with the issuance of the 1,942,769 shares of enherent’s Series A Preferred Stock; 
  
 Whereas, enherent proposes to issue to Raptor Global Portfolio Ltd. (“Raptor”) 2,420,994 shares of its common stock in
consideration for (i) the conversion or disposition to enherent of 1,210,497 shares of enherent’s Series A Preferred Stock held by Raptor and (ii) the cancellation of warrants to purchase 605,248 shares of enherent’s common stock, issued
to Raptor in connection with the issuance of the 1,210,497 shares of enherent’s Series A Preferred Stock; 
  
 Whereas, enherent proposes to issue to Tudor Arbitrage Partners L.P. (“Tudor Arbitrage”) 1,193,468 shares of its common stock in
consideration for (i) the conversion or disposition to enherent of 596,734 shares of enherent’s Series A Preferred Stock held by Tudor Arbitrage and (ii) the cancellation of warrants to purchase 298,367 shares of enherent’s common stock
issued to Tudor Arbitrage in connection with the issuance of the 596,734 shares of Series A Preferred Stock ; 
  
 Whereas, enherent proposes to issue to EFG Eurofinancial Investment Company (“EFG Eurofinancial”) 1,000,000 shares of its common
stock in consideration for (i) the conversion or disposition to enherent of 500,000 shares of enherent’s Series A Preferred Stock held by EFG Eurofinancial and (ii) the cancellation of warrants to purchase 250,000 shares of enherent’s
common stock, issued to EFG Eurofinancial in connection with the issuance of the 500,000 shares of Series A Preferred Stock; 
  
 Now, Therefore, in consideration of the premises and the mutual promises made, and in consideration of the other agreements set forth herein and
for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto hereby agree as follows: 
  
 1. DEFINITIONS. 
  
 “Disclosure Schedule” has the meaning set forth in the preamble to §3 below. 
  
 “Disposition” has the meaning set forth in §2(a).

  
 “Dynax Solutions” means Dynax Solutions,
Inc., a Delaware corporation. 
  
 “EFG
Eurofinancial” means EFG Eurofinancial Investment Company. 
  
 “enherent Preferred Share” means any share of enherent’s Series A Senior Participating Convertible Preferred Stock, $0.001 par value per share. 
  
 “enherent Share” means any share of the voting common stock, $0.001 par value per share, of enherent.

  
 “Form S-3” has the meaning set forth in
§5(a)(iv). 
  
 “Holder” has the meaning set
forth in §5(a)(iii). 
  

 - 1 - 

 “Indemnitee” has the meaning set forth in §5(d)(i). 
  
 “Merger” has the meaning set forth in §2(a).

  
 “Party” has the meaning set forth in the
preface above. 
  
 “Person” means an individual,
a partnership, a corporation, an association, a joint stock company, a trust, a joint venture, a limited liability company, an unincorporated organization, or a governmental entity (or any department, agency, or political subdivision thereof).

  
 “Preferred Stockholder” means each of EFG
Eurofinancial, Raptor, Tudor Arbitrage and Tudor BVI. 
  
 “Raptor” means Raptor Global Portfolio Ltd. 
  
 “register”, “registered” and “registration” have the meaning set forth in §5(a)(i). 
  
 “Registrable Securities” has the meaning set forth in §5(a)(ii). 
  
 “Restricted Shares” has the meaning set forth in §2(c) below. 
  
 “Rule 144” has the meaning set forth in §4(d).

  
 “SEC” means the Securities and Exchange
Commission. 
  
 “Securities Act” means the
Securities Act of 1933, as amended. 
  
 “Securities
Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 “State Laws” has the meaning set forth in §5(b)(ii). 
  
 “Transactions” has the meaning set forth in §2(a). 
  
 “Tudor Arbitrage” means Tudor Arbitrage Partners, L.P. 
  
 “Tudor BVI” means Tudor BVI Global Portfolio Ltd.

  
 “Violation” has the meaning set forth in
§5(d)(i). 
  
 2. CONVERSION OR DISPOSITION.

  
 (a) Conversion or Disposition of Preferred Stock. Upon
approval of enherent’s board of directors and the consummation of the merger of enherent and Dynax Solutions (the “Merger”) pursuant to the Agreement and Plan of Merger dated October 12, 2004 between enherent and Dynax
Solutions, the Preferred Stockholders agree to convert or transfer back to enherent all of the outstanding 4,250,000 enherent Preferred Shares, and in exchange therefore enherent agrees that it will issue 8,500,000 enherent Shares to the Preferred
Stockholders (the “Disposition”). Pursuant to the Disposition each Preferred Stockholder will convert or transfer back to enherent the number of enherent Preferred Shares and be issued in return the number of enherent Shares set
forth on Schedule 1. Simultaneously, each of the Preferred Stockholders shall cancel and return to enherent (i) all certificates representing enherent Preferred Shares issued to such Preferred Stockholder and (ii) the warrants to purchase
enherent Shares issued in conjunction with the enherent Preferred Shares, as set forth on Schedule 1. enherent shall deliver to each such Preferred Stockholder original certificates representing the enherent Shares issued to each such
Preferred Stockholder pursuant to the Disposition within two business days following the consummation of the Merger. The transactions described in this §2(a) are referred to collectively herein as the “Transactions”.

  

 - 2 - 

 (b) Promissory Notes. Upon the consummation of the Merger, enherent shall execute and deliver to
each Preferred Stockholder a subordinated, secured promissory note in the principal amount set forth on Schedule 1 and having the terms described on Schedule 2, in form and substance reasonably satisfactory to such Preferred
Stockholder. 
  
 (c) Form of Certificates. Each of the
Preferred Stockholders agrees to the imprinting, so long as required by law, of the following legend on certificates representing half of the enherent Shares issued to each such Preferred Stockholder pursuant to the Disposition: “THE SHARES
REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH
ACT AND APPLICABLE STATE SECURITIES LAWS OR AN APPLICABLE EXEMPTION TO THE REGISTRATION REQUIREMENTS OF SUCH ACT OR SUCH LAWS”. The number of enherent Shares bearing the foregoing restrictive legend that each Preferred Stockholder shall be
issued pursuant to the Disposition (the “Restricted Shares”) is set forth on Schedule 1. 
  
 3. REPRESENTATIONS AND WARRANTIES OF ENHERENT. Except as otherwise provided herein or as set forth on the disclosure schedule accompanying
this Agreement and initialed by the Parties (the “Disclosure Schedule”), enherent represents and warrants to each of the Preferred Stockholders that the statements contained in this §3 are correct and complete as of the date of
this Agreement. The Disclosure Schedule will be arranged in paragraphs corresponding to the lettered and numbered paragraphs contained in this §3. 
  
 (a) Organization. enherent and each of its subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of
the State of Delaware. enherent and each of its subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required except where the lack of such qualification would
not have a material adverse effect on the financial condition of enherent and its subsidiaries taken as a whole or on the ability of the Parties to consummate the transactions contemplated by this Agreement. 
  
 (b) Capitalization. The entire authorized capital stock of enherent
consists of 50,000,000 enherent Shares, 1,000,000 shares of non-voting common stock, par value $0.001 per share, and 10,000,000 shares of enherent Preferred Shares, par value $0.001 per share, of which 18,418,854 enherent Shares are issued and
outstanding, 1,849,123 enherent Shares are held in treasury and 4,250,000 enherent Preferred Shares are outstanding. enherent anticipates that concurrently with consummation of the Merger, enherent’s certificate of incorporation will be amended
to increase the number of authorized enherent Shares to 100,000,000. Each outstanding enherent Share and enherent Preferred Share has been issued in compliance with federal and state securities laws. Except as set forth in the Disclosure Schedule,
there are no outstanding or authorized options, warrants, purchase rights, subscription rights, conversion rights, exchange rights, or other contracts or commitments that could require enherent or any of its subsidiaries to issue, sell or otherwise
cause to become outstanding any of its capital stock. There are not outstanding or authorized stock appreciation, phantom stock, profit participation or similar rights with respect to enherent or any of its subsidiaries. All of the enherent Shares
to be issued in the Disposition have been duly authorized and, upon consummation of the Disposition, will be validly issued, fully paid, and nonassessable. Schedule 3 sets forth the capitalization of enherent after: (i) the Disposition; and
(ii) the consummation of the Merger. 
  
 (c) Authority;
Enforceability. enherent has full power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform its obligations under this Agreement. The execution, delivery and performance by enherent
of this Agreement has been duly authorized by enherent. This Agreement is a valid and binding agreement of enherent enforceable against it in accordance with its terms, except as the same may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting generally the enforcement of creditors’ rights, remedies and general principals of equity, including any limitations of the availability of the remedy of specific performance or injunctive
relief regardless of whether specific performance or injunctive relief is sought in a proceeding at law or in equity. Complete and correct copies of enherent’s Certificate of Incorporation and Bylaws, each as amended to date, have been
delivered or made available to each Preferred Stockholder. 
  
 (d)
Noncontravention. To the knowledge of enherent, neither the execution and the delivery of this Agreement, nor the consummation of the contemplated transactions, will (i) violate any constitution, statute, regulation, rule, injunction,
judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to which enherent or any of its subsidiaries is subject or any provision of the Certificate of Incorporation or Bylaws 
  

 - 3 - 

 of enherent or any such subsidiary or (ii) conflict with, result in a breach of, constitute a default under, result in
the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument or other arrangement to which enherent or any of its subsidiaries is a
party or by which it is bound or to which any of its assets is subject, except where the violation, conflict, breach, default, acceleration, termination, modification, cancellation, or failure to give notice would not have a material adverse effect
on the financial condition of enherent and its subsidiaries taken as a whole or the ability of the Parties to consummate the transactions contemplated by this Agreement. 
  
 4. REPRESENTATIONS AND WARRANTIES OF PREFERRED STOCKHOLDERS. Each of the Preferred Stockholders represents and
warrants to enherent that the statements contained in this §4 are correct and complete as applied to it as of the date of this Agreement. 
  
 (a) Organization. The Preferred Stockholder is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its
formation. 
  
 (b) Authority; Enforceability. The Preferred
Stockholder has full power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform its obligations under this Agreement. The execution, delivery and performance by the Preferred Stockholder
of this Agreement has been duly authorized by the Preferred Stockholder. This Agreement is a valid and binding agreement of the Preferred Stockholder enforceable against it in accordance with its terms, except as the same may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting generally the enforcement of creditors’ rights, remedies and general principals of equity, including any limitations of the availability of the remedy of
specific performance or injunctive relief regardless of whether specific performance or injunctive relief is sought in a proceeding at law or in equity. 
  
 (c) Noncontravention. To the knowledge of each Preferred Stockholder, neither the execution and the delivery of this Agreement, nor the
consummation of the contemplated transactions, will (i) violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction of any government, governmental agency, or court to which the
Preferred Stockholder is subject or any provision of the organizational documents of the Preferred Stockholder or (ii) conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to
accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument or other arrangement to which the Preferred Stockholder is a party or by which it is bound or to which any of its assets is
subject, except where the violation, conflict, breach, default, acceleration, termination, modification, cancellation, or failure to give notice would not have a material adverse effect on the financial condition of the Preferred Stockholder taken
as a whole or the ability of the Parties to consummate the transactions contemplated by this Agreement. 
  
 (d) Investment Intent. The Preferred Stockholder is acquiring the enherent Shares issued pursuant to the Disposition for investment and not with a
view to, or for resale in connection with, any “distribution” thereof for purposes of the Securities Act. The Preferred Stockholder is an “accredited investor” as such term is defined in regulation D under the Securities Act. The
Preferred Stockholder acknowledges that half of the enherent Shares issued to the Preferred Stockholder pursuant to the Disposition shall be “restricted securities” within the meaning of Rule 144 under the Securities Act (“Rule
144”), will contain a transfer restriction legend and may only be resold pursuant to an effective registration statement filed with the SEC under the Securities Act, or pursuant to Rule 144 or another valid exemption from the registration
requirements of the Securities Act as established by an opinion of counsel reasonably acceptable to enherent. 
  
 5. REGISTRATION. 
  
 (a) Definitions. For purposes of this §5: 
  
 (i) The terms “register,” “registered,” and “registration” refer to a registration
effected by preparing and filing a registration statement or similar document in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration statement or document; 
  

 - 4 - 

 (ii) The term “Registrable Securities” means the Restricted Shares;
provided, however, that as to any particular security or securities that are contained in the Registrable Securities, such securities shall cease to be Registrable Securities when (1) a registration statement with respect to the sale of such
securities shall have become effective under the Securities Act and such securities shall have been disposed of in accordance with such registration statement or (2) such securities shall have been sold to the public pursuant to Rule 144;

  
 (iii) The term “Holder”
means any Person owning or having the right to acquire Registrable Securities or any assignee thereof in accordance with the provisions of §5(f) hereof; and 
  
 (iv) The term “Form S-3” means such form under the Securities Act as in effect on the date
hereof or any registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by enherent with the SEC. 
  
 (b) Shelf Registration. 
  
 (i) In no event later than October 10, 2005, enherent shall
file with the SEC a shelf registration statement on Form S-3 (or if Form S-3 is not available, then such other form on which the Registrable Securities may be registered for resale) under the Securities Act with respect to the registration of the
Restricted Shares, provided that enherent may, with the prior written approval of the Holders, delay such filing (but not beyond 90 days after October 10, 2005) if such filing would require enherent to disclose material non-public information, the
disclosure of which would be detrimental to enherent. enherent may include in such registration statement up to 700,000 enherent Shares owned by Douglas Catalano, 4,526,512 enherent Shares owned by Pamela Fredette and 500,000 enherent shares
underlying options issued to Douglas Mellinger, and may, with the approval of the Holders, include in such registration statement securities of enherent to be offered and sold by enherent. enherent shall use its best efforts to cause such
registration statement to be declared effective within 90 days after it is filed. 
  
 (ii) The Holders shall promptly notify enherent of the jurisdictions in which such offering will be made and, if and as required and
subject to the provisions of clause (iv)(D), below, enherent shall effect the registration and/or qualification of the Restricted Shares under applicable state securities laws (the “State Laws”). 
  
 (iii) Except as otherwise prohibited by applicable law,
enherent will pay all fees and expenses, including, without limitation, printing and reproduction costs and fees and expenses of counsel for Holders, incurred in connection with the registration of the Restricted Shares pursuant to this §5;
provided, that transfer taxes, if any, solely attributable to the sale of the Restricted Shares, shall be borne by the Holders. 
  
 (iv) enherent shall further: 
  
 (1) prepare and file as soon as reasonably practicable with the SEC such amendments and supplements to such shelf registration statement
and the prospectus used in connection therewith as may be necessary to keep such registration statement effective and such prospectus current and to comply with the provisions of the Securities Act with respect to the disposition of the Restricted
Shares until the earlier of (A) such time as all of the Restricted Shares have been disposed of; or (B) such time as the Restricted Shares are otherwise freely tradeable; 
  
 (2) furnish to Holders copies of the preliminary prospectus and prospectus included in such registration
statement and each amendment and supplement thereto; 
  
 (3) use its best efforts to register or qualify the Restricted Shares under the State Laws after the filing of the Form S-3 registration statement (or any other registration form for which enherent then qualifies) with the SEC and to keep
such registration or qualification in effect for so long as the Form S-3 registration statement (or any other registration form for which enherent then qualifies) filed with the SEC remains in effect as provided in clause (2), above, provided that
enherent shall not for any such purpose be required to qualify generally to do business as a foreign corporation 
  

 - 5 - 

 in any jurisdiction in which it would not otherwise be obligated to be so qualified, or to subject itself
to taxation in any such jurisdiction, or to consent to general service of process in any such jurisdiction, or to qualify as a dealer in securities; and 
  
 (4) notify Holders, at any time when a prospectus is required to be delivered by Holders under the Securities Act, upon discovery by
enherent that the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not
misleading in light of the circumstances then existing, whereupon Holders shall suspend any offers or sales of the Restricted Shares until such time as such prospectus, as amended or supplemented from time to time, shall not include an untrue
statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing. Except as otherwise approved by the Holders, the
period of time in which offers or sales of the Restricted Securities are suspended shall not exceed thirty (30) days in any twelve month period. 
  
 (v) The Holders agree to cooperate fully with enherent in connection with effecting the registration pursuant to this §5, including,
but not limited to, furnishing such information as enherent may from time to time reasonably request and as shall be required by law or by the SEC in connection with such registration and cooperating with the preparation and filing of any amendments
to the shelf registration statement or prospectus. 
  
 (c)
Obligations of enherent. Whenever required under this Agreement to maintain a registration statement for the sale of any Registrable Securities, enherent shall use its best efforts to list the Registrable Securities covered by such
registration statement with any securities exchange on which the enherent Shares are then listed and provide a transfer agent and registrar for all Registrable Securities registered hereunder and a CUSIP number for all such Registrable Securities
within the time frames set forth in §5(b) hereof. 
  
 (d)
Indemnification. 
  
 (i) To the extent
permitted by law, enherent will indemnify and hold harmless each Holder of Registrable Securities and such Holder’s officers and directors, and each Person, if any, who controls such Holder within the meaning of the Securities Act or the
Exchange Act (each, an “Indemnitee”), against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities Act, or the Exchange Act or other federal or state law, insofar as
such losses, claims, damages, or liabilities (or actions in respect thereof) arise out of or are based upon any of the following statements, omissions or violations (collectively a “Violation”): (1) any untrue statement or alleged
untrue statement of a material fact contained in such registration statement, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements thereto, (2) the omission or alleged omission to state therein
a material fact required to be stated therein, or necessary to make the statements therein not misleading, or (3) any violation or alleged violation by enherent of the Securities Act, the Exchange Act, any state securities law or any rule or
regulation promulgated under the Securities Act, or the Exchange Act or any state securities law; and enherent will pay to each such Indemnitee any legal or other expenses reasonably incurred by them in connection with investigating or defending any
such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement contained in this §5(d)(i) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability, or action if such settlement is
effected without the consent of enherent (which consent shall not be unreasonably withheld), nor shall enherent be liable in any such case for any such loss, claim, damage, liability, or action to the extent that it arises out of or is based upon a
Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection with such registration by any such Indemnitee. Notwithstanding the above, the foregoing indemnity agreement is subject to
the condition that, insofar as it relates to any such untrue statement, alleged untrue statement, omission or alleged omission made in a preliminary prospectus, such indemnity agreement shall not inure to the benefit of any Holder if a copy of the
final prospectus was not furnished to the Person asserting the loss, liability, claim or damage at or prior to the time such action is required by the Securities Act if the final prospectus corrected the untrue statement or omission or alleged
untrue statement or omission and was (A) provided to the Holder, and (B) such Holder was required by applicable law to deliver such prospectus. 
  

 - 6 - 

 (ii) To the extent permitted by law, each Holder will indemnify and hold harmless
enherent, each of its directors, each of its officers who has signed the registration statement, each Person, if any, who controls enherent within the meaning of the Securities Act, any underwriter, any other Holder selling securities in such
registration statement and any controlling Person of any such underwriter or other Holder, against any losses, claims, damages, or liabilities (joint or several) to which any of the foregoing Persons may become subject, under the Securities Act, or
the Exchange Act or other federal or state law, insofar as such losses, claims, damages, or liabilities (or actions in respect thereto) arise out of or are based upon any Violation, in each case to the extent (and only to the extent) that such
Violation occurs in reliance upon and in conformity with written information furnished by such Holder expressly for use in connection with such registration; and each such Holder will pay any legal or other expenses reasonably incurred by any Person
intended to be indemnified pursuant to this §5(d)(ii), in connection with investigating or defending any such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement contained in this §5(d)(ii) shall not
apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Holder, which consent shall not be unreasonably withheld; further provided, that in no event shall any
indemnity under this §5(d)(ii) exceed the net proceeds (excluding underwriting discounts and commissions) from the offering received by such Holder. 
  
 (iii) Promptly after receipt by an indemnified party under this §5(d) of notice of the commencement of any action (including any
governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this §5(d), deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying
party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties;
provided, however, that an indemnified party (together with all other indemnified parties which may be represented without conflict by one counsel) shall have the right to retain one separate counsel, with the fees and expenses to be paid by the
indemnifying party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate, in the reasonable judgment of the indemnified party, due to actual or potential differing interests between
such indemnified party and any other party represented by such counsel in such proceeding. The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action, if prejudicial to its ability
to defend such action, shall relieve such indemnifying party of any liability to the indemnified party under this §5(d) to the extent of such prejudice, but the omission so to deliver written notice to the indemnifying party will not relieve it
of any liability that it may have to any indemnified party otherwise than under this §5(d). 
  
 (iv) To provide for just and equitable contribution, if (1) an indemnified party makes a claim for indemnification pursuant to
§5(d)(i) or §5(d)(ii) but it is found in a final judicial determination, not subject to further appeal, that such indemnification may not be enforced in such case, even though this Agreement expressly provides for indemnification in such
case, or (2) any indemnified or indemnifying party seeks contribution under the Securities Act, the Exchange Act, or otherwise, then enherent (including for this purpose any contribution made by or on behalf of any officer, director, employee, agent
or counsel of enherent, or any controlling Person of enherent), on the one hand, and the Holders (including for this purpose any contribution by or on behalf of a Holder), on the other hand, shall contribute to the losses, liabilities, claims,
damages, and expenses to which any of them may be subject, in such proportions as are appropriate to reflect the relative fault of enherent and the Holders in connection with the facts which resulted in such losses, liabilities, claims, damages, and
expenses shall also be considered. 
  
 The
relative fault, in the case of an untrue statement, alleged untrue statement, omission, or alleged omission, shall be determined by, among other things, whether such statement, alleged statement, omission, or alleged omission relates to information
supplied by enherent or by the Holders, and the parties’ relative intent, knowledge, access to information, and opportunity to correct or prevent such statement, alleged statement, omission, or alleged omission. enherent and Holders agree that
it would be unjust and inequitable if the respective obligations of enherent and the Holders for contribution were determined by pro rata or per capita allocation of the aggregate losses, liabilities, claims, damages, and expenses or by any other
method of allocation that does not reflect the equitable considerations referred to in this §5(d)(iv). No Person guilty of a fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who is not guilty of such fraudulent misrepresentation. For purposes of this 
  

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 §5(d)(iv), each Person, if any, who controls a Holder within the meaning of Section 15 of the
Securities Act or Section 20(a) of the Exchange Act and each officer, director, stockholder, employee, agent, and counsel of the Holders, shall have the same rights of contribution as the Holder, and each Person, if any, who controls enherent within
the meaning of Section 15 of the Securities Act or Section 20(a) of the Exchange Act and each officer, director, employee, agent, and counsel of enherent, shall have the same rights to contribution as enherent, subject in each case to the provisions
of this §5(d)(iv). Anything in this §5(d)(iv) to the contrary notwithstanding, no party shall be liable for contribution with respect to the settlement of any claim or action effected without its written consent. This §5(d)(iv) is
intended to supersede any right to contribution under the Securities Act, the Exchange Act, or otherwise. 
  
 (v) Notwithstanding the foregoing §5(d)(iv), if the indemnification provided for in the preceding provisions of this §5(d) is
unavailable to an indemnified party in respect of any expense, loss, claim, damage or liability referred to therein, then each indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such
indemnified party as a result of such expense, loss, claim, damage or liability (1) in such proportion as is appropriate to reflect the relative benefits received by enherent on the one hand and the Holder or underwriter, as the case may be, on the
other from the distribution of the Registrable Securities or (2) if the allocation provided by clause (1) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause
(1) above but also the relative fault of enherent on the one hand and of the Holder or underwriter, as the case may be, on the other in connection with the statements or omissions which resulted in such expense, loss, damage or liability, as well as
any other relevant equitable considerations. 
  
 Notwithstanding the provisions of subdivision (iv) or this subdivision (v), no Holder of Registrable Securities or underwriter shall be required to contribute any amount in excess of the amount by which (A) in the case of any such Holder,
the net proceeds received by such Holder from the sale of Registrable Securities or (B) in the case of an underwriter, the total price at which the Registrable Securities purchased by it and distributed to the public were offered to the public
exceeds, in any such case, the amount of any damages that such holder or underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission. 
  
 (vi) The obligations of enherent and Holders under this §5(d) shall survive the completion of any
offering of Registrable Securities under this Agreement, and otherwise. 
  
 (e) Reports Under Exchange Act. With a view to making available to the Holders of Registrable Securities the benefits of a registration on Form S-3, enherent agrees to: 
  
 (i) make and keep public information available, as those terms are understood and defined in Rule 144, at
all times; 
  
 (ii) take such action as is
necessary to enable the Holders to utilize Form S-3 (or any other registration form for which enherent then qualifies) for the sale of their Registrable Securities; 
  
 (iii) file with the SEC in a timely manner all reports and other documents required of enherent under the
Securities Act and the Exchange Act; and 
  
 (iv)
furnish to any Holder, so long as the Holder owns any Registrable Securities, forthwith upon request (1) a written statement by enherent that it has complied with the reporting requirements of Rule 144, the Securities Act and the Exchange Act, and
that it qualifies as a registrant whose securities may be resold pursuant to Form S-3 (at any time after it so qualifies), (2) a copy of the most recent annual or quarterly report of enherent and such other reports and documents so filed by
enherent, and (3) such other information as may be reasonably requested in availing any Holder of any rule or regulation of the SEC which permits the selling of any such securities without registration or pursuant to such form. 
  
 (f) Assignment of Registration Rights. The rights to require enherent
to register Registrable Securities pursuant to this Agreement may be assigned (but only with all related obligations) by a Holder to a transferee or assignee 
  

 - 8 - 

 of such Registrable Securities, provided: (i) enherent is furnished with written notice of the name and address of such
transferee or assignee and the securities with respect to which such registration rights are being assigned; (ii) immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the
Securities Act; (iii) such transferee or assignee delivers to enherent a written instrument by which such transferee agrees to be bound by the obligations imposed upon Holders of Registrable Securities pursuant to this Agreement; (iv) any such
transferee or assignee may not again transfer such rights to any other Person or entity, other than as provided in this §5(f); and (v) such transfer is in compliance with applicable federal and state securities laws and, at enherent’s
option, enherent has received an opinion of counsel to such effect, the cost and expenses of such opinion of counsel to be borne by the transferring Holder. 
  
 (g) Limitations on Subsequent Registration Rights. From and after the date of this Agreement, enherent shall not, without the prior written consent
of the Holders of 70% of the Registrable Securities, enter into any agreement with any holder or prospective holder of any securities of enherent which would allow such holder or prospective holder to include such securities in any registration
statement filed under this Agreement, unless under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the inclusion of his securities will not reduce the amount
of the Registrable Securities of the Holders which is included. 
  
 (h) Amendment of Registration Rights. Any provision of this §5 may be amended and the observance thereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only with the
written consent of enherent and the Holders of 70% of the Registrable Securities. Any amendment or waiver effected in accordance with this paragraph shall be binding upon each Holder of any Registrable Securities then outstanding, each future Holder
of all such Registrable Securities and enherent. 
  
 6.
MISCELLANEOUS.  
  
 (a) Press Releases and
Public Announcements. No Party shall issue any press release or make any public announcement relating to the subject matter of this Agreement without the prior written approval of the other Party; provided, however, that any Party may
make any public disclosure it believes in good faith is required by applicable law or any listing or trading agreement concerning its publicly-traded securities (in which case the disclosing Party will use its reasonable best efforts to advise the
other Party prior to making the disclosure). 
  
 (b) No Third
Party Beneficiaries. This Agreement shall not confer any rights or remedies upon any Person other than the Parties and their respective successors and permitted assigns. 
  
 (c) Entire Agreement. This Agreement (including the documents referred to in this Agreement) constitutes the entire
agreement between the Parties and supersedes any prior understandings, agreements, or representations by or between the Parties, written or oral, to the extent they related in any way to the subject matter. 
  
 (d) Succession and Assignment. This Agreement shall be binding upon
and inure to the benefit of the Parties and their respective successors and permitted assigns. No Party may assign either this Agreement or any of its rights, interests, or obligations under this Agreement without the prior written approval of the
other Parties. 
  
 (e) Counterparts. This Agreement may be
executed in one or more counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. 
  
 (f) Headings. The section headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning or
interpretation of this Agreement. 
  

 - 9 - 

 (g) Notices. All notices, requests, demands, claims, and other communications required hereunder
or relating to the subject matter of this Agreement will be in writing. Any notice, request, demand, claim, or other communication shall be deemed duly given if (and then two business days after) it is sent by registered or certified mail, return
receipt requested, postage prepaid, and addressed to the intended recipient as set forth below: 
  
 If to enherent: 
 enherent Corp. 
 Corporate Headquarters and Sales and Development Office 
 80 Lamberton Road 
 Windsor, CT 06095 
 Attention: Douglas Catalano 
  
 Copy to: 
 Jackson Walker L.L.P. 
 Bank of America Plaza 
 901 Main Street, Suite 6000 
 Dallas, TX 75202 
 Attention: James S. Ryan III, Esq. 
  
 Copy to: 
 Starr, Gern, Davison & Rubin, P.C. 
 103 Eisenhower Parkway 
 Roseland, New Jersey 07068 
 Attn: Ira M. Starr 
  
 If to Tudor BVI, Raptor or Tudor Arbitrage: 
 Tudor BVI Global Portfolio Ltd.. 
 50 Rowes Wharf 
 6th Floor 
 Boston,
Massachusetts 02110 
 Attention: Robert P. Forlenza 
  
 If to EFG Eurofinancial: 
 EFG Eurofinancial Investment Company. 
 Vila Les Aigles 
 15 Avenue D’Ostende 
 Monaco - 98000 
 Attention: George Catsiapis. 
  
 Any Party may send any notice,
request, demand, claim, or other communication to the intended recipient at the address set forth above using any other means (including personal delivery, expedited courier, messenger service, telecopy, telex, ordinary mail, or electronic mail),
but no such notice, request, demand, claim, or other communication shall be deemed to have been duly given unless and until it actually is received by the intended recipient. Any Party may change the address to which notices, requests, demands,
claims, and other communications hereunder are to be delivered by giving the other Parties notice in the manner set forth in this section. 
  
 (h) Governing Law. This Agreement shall be governed by and construed in accordance with the domestic laws of the State of Delaware without giving
effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. 
  
 (i) Amendments and Waivers. The Parties may mutually amend any
provision of this Agreement at any time. No amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by all of the Parties. No waiver by any Party of any default, misrepresentation, or breach of
warranty or covenant, whether intentional or not, shall be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant or affect in any way any rights arising by virtue of any prior or subsequent such
occurrence. 
  
 (j) Severability. Any term or provision of
this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions or the validity or enforceability of the offending term or provision in any
other situation or in any other jurisdiction. 
  

 - 10 - 

 (k) Expenses. Except as provided in §§ 5(b) and 5(f), each of the Parties will bear its
own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the contemplated transactions. 
  
 (l) Construction. The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of
intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any of the provisions of this
Agreement. Any reference to any federal, state, local, or foreign statute or law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context otherwise requires. The word “including” shall mean
including without limitation. 
  
 (m) Incorporation of Schedule
1 and Schedule 2. Schedule 1 and Schedule 2 are incorporated by reference and made a part of this Agreement. 
  
 ***** 
  

 - 11 - 

 IN WITNESS WHEREOF, the Parties have executed this Agreement on the date first above written. 

 

			
	enherent Corp.
		
	By:	 	 /s/ Douglas Catalano

	 	 	Douglas Catalano, President and CEO
	
	Tudor BVI Global Portfolio Ltd.
		
	By:	 	Tudor Investment Corporation,
	 	 	its Investment Advisor
		
	By:	 	 /s/ Robert P. Forlenza

	 	 	Robert P. Forlenza, Managing Director
	
	Raptor Global Portfolio Ltd.
		
	By:	 	Tudor Investment Corporation,
	 	 	its Investment Advisor
		
	By:	 	 /s/ Robert P. Forlenza

	 	 	Robert P. Forlenza, Managing Director
	
	Tudor Arbitrage Partners, L.P.
		
	By:	 	Tudor Investment Corporation,
	 	 	its Investment Advisor
		
	By:	 	 /s/ Robert P. Forlenza

	 	 	Robert P. Forlenza, Managing Director
	
	EFG Eurofinancial Investment Company
		
	By:	 	 /s/ George Catsiapis

	 	 	George Catsiapis

  

 - 12 - 

 Schedule 1 
  

The following chart summarizes the Transactions described in §2(a) with regard to each Preferred Stockholder: 
  

												
	 Preferred
 Stockholder

	  	Number of
enherent Preferred
Shares Converted
or Transferred
Back

	  	enherent Shares
Issued pursuant to
Disposition

	  	Number of post-
Disposition
enherent Shares
subject to
Restrictive
Legend

	  	 Warrants
 Cancelled
 pursuant to
 Transactions

	  	Principal
Amount of
Subordinated,
Secured
Promissory
Note

	 Tudor BVI Global Portfolio Ltd.
	  	1,942,769	  	3,885,538	  	1,942,769	  	Warrants to Purchase 971,385 enherent Shares	  	$	731,776.32
						
	 Raptor Global Portfolio Ltd.
	  	1,210,497	  	2,420,994	  	1,210,497	  	Warrants to Purchase 605,248 enherent Shares	  	$	455,953.87
						
	 Tudor Arbitrage Partners L.P.
	  	596,734	  	1,193,468	  	596,734	  	Warrants to Purchase 298,367 enherent Shares	  	$	224,769.81
						
	 EFG Eurofinancial Investment Company
	  	500,000	  	1,000,000	  	500,000	  	Warrants to Purchase 250,000 enherent Shares	  	$	187,500.00

 Schedule 2 
  

The following chart summarizes the terms of the subordinated, secured promissory notes to be delivered to the Preferred Stockholders as described in §2(b).

  

							
	 	  	 Tudor BVI, Raptor and Tudor Arbitrage

	  	 EFG Eurofinancial

	 Principal Amount:
	  	 Tudor BVI:
 Raptor
 Tudor Arbitrage:
	  	$731,776.32
$455,953.87
$224,769.81	  	 $187,500

			
	 Interest Rate:
	  	 6.00%
 payable monthly in arrears
	  	 0.00%

			
	 Rank:
	  	 Junior Secured Debt
	  	 Junior Secured Debt

			
	 	  	- Subordinated to Senior Secured Debt (Ableco Revolver; Ableco Term A Note)	  	- Subordinated to Senior Secured Debt (Ableco Revolver; Ableco Term A Note)
			
	 	  	-Pari Passu with other Junior Secured Debt (Ableco Term B and EFG Eurofinancial Subordinated, Secured Promissory Note)	  	- Pari Passu with other Junior Secured Debt (Ableco Term B and EFG Eurofinancial Subordinated, Secured Promissory Note)
			
	 	  	- Senior to Junior Subordinated Debt (Primesoft Note; Dynax Solutions Seller Notes)	  	- Senior to Junior Subordinated Debt (Primesoft Note; Dynax Solutions Seller Notes)
			
	 Term:
	  	5 years	  	2 years
			
	 Amortization:
	  	- No principal payments for first 29 months	  	- Quarterly principal payments of $23,438 over an 8 quarter period
			
	 	  	- Semi-annual principal payments of $176,563.00 in each of month 30, 36, 42, and 48	  	 
			
	 	  	- Semi-annual principal payments of $353,125 in each of month 54 and 60	  	 
			
	 Default Rate:
	  	- For payment default that remains uncured, 12.00%	  	- For payment default that remains uncured, 12.00%
			
	 	  	-Escalates 2.00% every 6 months	  	-Escalates 2.00% every 6 months
			
	 	  	- Capped at 18.00%	  	- Capped at 18.00%
			
	 Other:
	  	Prepayment of Ableco B triggers prepayment of a portion (formula to be determined) of this Note	  	None

 Schedule 3 
  

			
	As of October 28, 2004	  	 
		
	Respective Capitalization of enherent and Dynax Immediately Prior to Merger	  	 
		
	 enherent Capitalization
	  	 
	 Common shares outstanding
	  	18,418,854
	 Preferred shares converted to common shares
	  	8,500,000
	 Warrants (1)
	  	151,778
	 Outstanding options (2)
	  	1,835,561
	 	  	

	 Total
	  	28,906,193
	 	  	

	 Dynax Capitalization
	  	 
	 Common shares outstanding
	  	6,588,298
	 Outstanding options
	  	777,450
	 	  	

	 Total
	  	7,365,748
	 	  	

		
	 After Closing Total Number of Shares Attributable to enherent and Dynax
	  	 
		
	 enherent Capitalization
	  	 
	 Common shares
	  	26,918,854
	 Outstanding options (excluding warrants (1) and Options (2))
	  	1,335,561
	 	  	

	 Total enherent shares and options attributable to enherent
	  	28,254,415
	 	  	

	 Dynax Capitalization
	  	 
	 enherent common shares to be issued to Dynax stockholders (3)
	  	25,272,052
	 Outstanding options (3)
	  	2,982,220
	 	  	

	 Total enherent shares and options attributable to Dynax
	  	28,254,272
	 	  	

	 Total enherent shares after closing
	  	56,508,687
	 	  	

	(1)	enherent warrants not included in post merger common shares 

	(2)	500,000 enherent options not included in post merger common shares 

	(3)	Conversion Ratio = 3.8359

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]