Document:

Exhibit 10.1

Exhibit 10.1

NORTHEAST UTILITIES SERVICE COMPANY 

TRANSMISSION AND ANCILLARY SERVICE

WHOLESALE REVENUE ALLOCATION METHODOLOGY

This Transmission and Ancillary Service Wholesale Revenue Allocation Methodology dated as of January 1, 2008, is entered into by and between The Connecticut Light and Power Company, Western Massachusetts Electric Company, Public Service Company of New Hampshire, Holyoke Water Power Company and Holyoke Power and Electric Company (collectively the "NU Companies").

WHEREAS, the NU Companies are engaged in the business of providing  transmission and ancillary services to wholesale customers in New England; and

WHEREAS, Northeast Utilities Service Company ("NUSCO") receives revenues on behalf of the NU Companies for the provision of transmission and ancillary services provided by the NU Companies; and

WHEREAS, the NU Companies desire to clarify the methodology for allocating the wholesale transmission and ancillary service revenues received by NUSCO among the NU Companies; 

NOW THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the NU Companies agree as follows:

SECTION 1.  DEFINITIONS

Capitalized terms not otherwise defined herein have the meaning specified in the ISO New England Inc. ("ISO-NE") Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3 (the "ISO-NE Tariff"), as it may be amended from time to time.

SECTION 2.  ALLOCATIONS

(a)

Wholesale revenues received by NUSCO on behalf of the NU  Companies for transmission and ancillary service provided under Section II of the ISO-NE Tariff shall be allocated to the individual NU Companies in proportion to their respective revenue requirements that are used to calculate 

the charges for the said service (e.g., wholesale revenues received from ISO-NE for Regional Network Service shall be allocated to the individual NU  Companies in proportion to their respective annual Total Transmission Revenue Requirements for PTF).    

(b)

  Wholesale transmission support revenue and wholesale transmission rental revenue received by NUSCO on behalf of the NU Companies will be directly allocated to the NU Company that is named in the support or lease agreements or contracts.   

(c)

Amortizations of prepaid wholesale transmission revenues will be allocated among the individual NU Companies in proportion to their respective Category A Formula Rate for Transmission Service.

(d)

Wholesale transmission revenues received by NUSCO on behalf of the NU Companies for Excepted Transactions will be allocated among the individual NU Companies in proportion to their respective Category A Formula Rate for Transmission Service, except for revenues for directly assigned costs, which costs will be allocated to the individual NU Companies in proportion to their respective directly assigned costs.

By:  /s/ David R. McHale

      David R. McHale

For the Connecticut Light and Power Company

By:  /s/ David R. McHale

      David R. McHale

For Western Massachusetts Electric Company

By:  /s/ David R. McHale

      David R. McHale

For Public Service Company of New Hampshire

By:  /s/ David R. McHale

      David R. McHale

For Holyoke Power and Electric Company

2exhibit10_1.htm

    EXHIBIT
      10.1

     

     

    
      FIRST
        AMENDMENT TO CHANGE IN CONTROL BENEFITS AGREEMENT

      

      This
        First Amendment (the “Amendment”) to that certain Change in Control Benefits
        Agreement entered into by the parties on November 7, 2007, by and between
        The
        Steak N Shake Company, an Indiana corporation (hereinafter referred to as
        the
“Company”), and ________________ (hereinafter referred to as
“Executive”) (the “Agreement”) is hereby made this 22nd day of April, 2008 on
        the following terms and conditions:

      

      WITNESSETH

       

          WHEREAS,
        the
        Company believes that Executive has made and will continue to make valuable
        contributions to the productivity and profitability of the Company;
        and

       

          WHEREAS,
        the
        Company desires to encourage Executive to continue to make valuable
        contributions, not to seek or accept employment elsewhere, and be an integral
        part of the Company’s future; and

       

          WHEREAS,
        the
        Company, desires to assure Executive of certain benefits should his/her
        employment be terminated for any reason except cause, death, disability or
        his/her voluntary decision to leave the Company;

          

          NOW,
        THEREFORE, in consideration of the foregoing and of the mutual covenants
        herein
        contained and the mutual benefits herein provided, the Company and Executive
        hereby agree as follows:

      

      
        	
                1.  

              	
                All
                  terms and conditions in the Agreement shall remain in full force
                  and
                  effect unless specifically modified
                  herein;

              

      

      

      
        	
                2.  

              	
                Should
                  Executive’s employment end for any reason except death, disability (as
                  defined in Section 3(B) of the Agreement), termination for cause
                  (as
                  defined in Section 3(C) of the Agreement) or should Executive elect
                  to
                  voluntarily resign for any of the reasons enumerated in Section
                  4 (A-E) of
                  the Agreement, then Executive shall receive the
                  following:

              

      

      

      
        	
                a.  

              	
                His/her
                  normal gross salary, as it existed on the date of separation of
                  employment
                  from the Company, and which shall not be lower than Executive’s salary on
                  the date of this Amendment, payable for one year from the last
                  day of
                  Executive’s employment with Company, subject to withholdings required by
                  law or elected by Executive (the “Salary Benefit”) subject to the
                  following conditions:

              

      

      

      
        	
                i.  

              	
                The
                  Salary Benefit shall be paid on the Company’s normal and customary pay
                  days;

              
	 	 

      

      
        	
                ii.  

              	
                Should
                  Executive begin subsequent employment with any other employer or
                  provide
                  services for remuneration for any person or entity as a consultant
                  or
                  contractor while the Salary Benefit is payable, then the gross
                  amount of
                  the Salary Benefit shall be reduced by the amount of the Executive’s gross
                  salary at his/her subsequent
                  employment;

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                b.  

              	
                Executive
                  shall be paid a lump sum payment equal to any bonus to which Executive
                  would have been entitled under the Incentive Bonus Plan or any
                  other cash
                  or other bonus plan, had all requirements for earning a bonus been
                  satisfied by Executive, multiplied by a fraction, the denominator
                  of which
                  will be the number of days in any such computation period and the
                  numerator of which shall be the number of days during the computation
                  period the Executive was employed by the Company.  By way of
                  example, should the computation period be one year, during which
                  the
                  Executive worked 75 days before the termination, then the fraction
                  would
                  be 75/365.  The parties understand and agree that should the
                  calculation of the bonus not be ascertainable at the date of Executive’s
                  termination then the payment required hereunder shall be made within
                  20
                  days of the date the computation herein is first able to be made
                  by
                  Company.

              

      

      

      
        	
                c.  

              	
                Should
                  Executive be provided with the use of an automobile which is owned
                  or
                  leased by the Company on the date of his/her termination from the
                  Company
                  then Executive shall be entitled to continue to use such automobile
                  on the
                  same terms and conditions as he/she did prior to the termination
                  for a
                  period of up to sixty (60) days following such
                  termination.  Should Executive be provided with use of an
                  automobile  by a subsequent employer prior to the expiration of
                  sixty (60) days then Executive shall make arrangements to return
                  the
                  Company’s automobile within five (5) days
                  thereafter;

              

      

      

      
        	
                d.  

              	
                For
                  up to twelve (12) months following the Executive’s last date of employment
                  he/she shall be entitled to continue participation in any Company-provided
                  group medical insurance plan in which he/she was enrolled on the
                  date of
                  termination.  If the Company is prevented by law or contract
                  from retaining Executive as a participant in any insurance plan,
                  Company
                  shall pay to Executive the amount of the Company’s contribution for such
                  coverage so that Executive may continue his/her coverage under
                  COBRA or
                  acquire similar coverage in the market at the same financial obligation
                  as
                  he/she would have if he/she had remained an employee of the
                  Company.  The Company’s obligations under this sub-paragraph
                  shall end on the date that Executive is eligible to participate
                  in any
                  group health plan offered by a subsequent
                  employer.

              

      

      

      
        	
                e.  

              	
                Within
                  the first twelve (12) months following Executive’s last date of employment
                  with the Company the Company shall, upon request, either pay for
                  directly
                  or reimburse Executive for up to $15,000 for outplacement services
                  provided on Executive’s behalf.

              

      

      

      
        	
                f.  

              	
                If,
                  as of the date his employment terminates, Executive is a “key employee”
                  within the meaning of Section 416(i) of the Code, without regard
                  to
                  paragraph 416(i)(5) thereof, and the Company has stock that is
                  publicly
                  traded on an established securities market or otherwise, any payment
                  that
                  constitutes deferred compensation because of employment termination
                  will
                  be suspended until, and will be paid to Executive on, the first
                  day of the
                  seventh month following the month in which Executive’s last day of
                  employment occurs.  For purposes of this Section 6,
                  “deferred compensation” means compensation provided under a nonqualified
                  deferred compensation plan as defined in, and subject to,
                  Section 409A of the Code.

              

      

      

      
        	
                3.  

              	
                To
                  induce the Company to enter into this Agreement, Executive hereby
                  agrees
                  as follows:

              

      

      

      
        	
                a.  

              	
                He/she
                  will use good faith efforts to obtain substantially similar subsequent
                  employment, shall notify the Company’s General Counsel and Senior Vice
                  President, Human Resources promptly upon obtaining such substantially
                  similar subsequent employment, including informing them of his/her
                  gross
                  salary amount, eligibility for group health insurance benefits
                  and any
                  other information that is reasonably related to the calculation
                  of
                  benefits hereunder;

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the parties have caused this Agreement to be executed and
        delivered as of the day and year first above set forth.

      

                    

      

      
        	 	THE
                STEAK N SHAKE COMPANY
	 	 
	 	 
	
                 

              	
                By:
                  __________________________________ 

              

      

      
        	
                 

              	
                Wayne
                  L. Kelley, Interim Chief Executive Officer 

              
	 	 
	 	 
	 	EXECUTIVE:
	 	 
	 	_____________________________________

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