SEC Contract Filing

Filing Date: 2018-04-02

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>d562448dex102.htm
<DESCRIPTION>EX-10.2
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>GOLDMAN SACHS&nbsp;&amp; CO. LLC | 200 WEST STREET | NEW YORK, NEW YORK 10282-2198 | TEL: (212) <FONT STYLE="white-space:nowrap">902-1000</FONT>
</U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Opening Transaction </P>
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<TD VALIGN="top" ALIGN="right"><B>To:</B></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dominion Energy, Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">120 Tredegar
Street</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Richmond, Virginia 23219</P></TD></TR>
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<TD VALIGN="top" ALIGN="right"><B>A/C:</B></TD>
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<TD VALIGN="bottom">042956276</TD></TR>
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<TD VALIGN="top" ALIGN="right"><B>From:</B></TD>
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<TD VALIGN="bottom">Goldman Sachs&nbsp;&amp; Co. LLC</TD></TR>
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<TD VALIGN="top" ALIGN="right"><B>Re:</B></TD>
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<TD VALIGN="bottom">Issuer Share Forward Sale Transaction</TD></TR>
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<TD VALIGN="top" ALIGN="right"><B>Ref. No:</B></TD>
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<TD VALIGN="bottom">SDB3281661798</TD></TR>
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<TD VALIGN="top" ALIGN="right"><B>Date:</B></TD>
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<TD VALIGN="bottom">March&nbsp;27, 2018</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Sir(s): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The purpose of this communication (this &#147;<B>Confirmation</B>&#148;) is to set forth the terms and conditions of the above-referenced
transaction entered into on the Trade Date specified below (the &#147;<B>Transaction</B>&#148;) between Goldman Sachs&nbsp;&amp; Co. LLC (&#147;<B>Dealer</B>&#148;) and Dominion Energy, Inc. (&#147;<B>Counterparty</B>&#148;). This communication
constitutes a &#147;Confirmation&#148; as referred to in the Agreement specified below. This Confirmation is a confirmation for purposes of Rule <FONT STYLE="white-space:nowrap">10b-10</FONT> promulgated under the Securities Exchange Act of 1934, as
amended (the &#147;<B>Exchange Act</B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;This Confirmation is subject to, and incorporates, the 2002 ISDA Equity
Derivatives Definitions (the &#147;<B>Equity Definitions</B>&#148;), as published by the International Swaps and Derivatives Association, Inc. (&#147;<B>ISDA</B>&#148;). For purposes of the Equity Definitions, the Transaction will be deemed to be a
Share Forward Transaction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Confirmation shall supplement, form a part of and be subject to an agreement (the
&#147;<B>Agreement</B>&#148;) in the form of the 1992 ISDA Master Agreement (Multicurrency&#151;Cross Border) (the &#147;ISDA Form&#148;), as published by ISDA, as if Dealer and Counterparty had executed the ISDA Form on the date hereof (but without
any Schedule except for (i)&nbsp;the election of Loss and Second Method, New York law (without regard to New York&#146;s choice of laws doctrine other than Title 14 of Article 5 of the New York General Obligations Law) as the governing law and US
Dollars (&#147;<B>USD</B>&#148;) as the Termination Currency, (ii)&nbsp;the replacement of the word &#147;third&#148; in the last line of Section&nbsp;5(a)(i) with the word &#147;first&#148; and (iii)&nbsp;the election that the &#147;Cross
Default&#148; provisions of Section&nbsp;5(a)(vi) shall apply to each of Dealer and Counterparty, with a &#147;Threshold Amount&#148; in respect of Dealer of 3% of stockholder&#146;s equity of Dealer&#146;s ultimate parent as of the date hereof and
a &#147;Threshold Amount&#148; in respect of Counterparty of USD200&nbsp;million; <I>provided</I> that (x) &#147;Specified Indebtedness&#148; shall have the meaning specified in Section&nbsp;14 of the Agreement, except that such term shall not
include obligations in respect of deposits received in the ordinary course of Dealer&#146;s banking business and (y)&nbsp;(A) the words &#147;, or becoming capable at such time