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COMPARISON OF M1.1 TERMS IN EXISTING ouc-cOVB POWER PURCHASE AGREE <br /> TO AMENDMENT ALTERNATIVESMEMT <br /> COIbTRAC?GDNIPONENT EXISTING PPA <br /> CCT013ER 2�2014 NOVEMBER 25 2014 <br /> Contract Termination ng- DISCUSSION POINTS <br /> 12/31/2029 DISCUSSION POINTS <br /> Base Capacity Payments 12/31/2029 <br /> $13,205/MW-month in 2015, $5,500/MW-month in 2015, W31/2023 <br /> Increasing to$14,950/MW-month increasing to$10,000/MW-month increasing g to$10,000/MW-month <br /> in 2018-2029 for 2018-2029 <br /> Peaking Capacrtu(54.5MW) NO PEAKING CAPACfTY Por 2018-2023 <br /> Prices PURCHASE $3,750/MW-month in 2015, $3,750/MW month in 2015, <br /> forInc20sin2to$7,000/MW-month increasing to$7,000/MW-month <br /> for 2023`2029 for 2023(same as per 10/20/2014 <br /> Separate Transmission Charge NO Discussion Paints) <br /> Yes;$1,566/MW month In 2015, Yes; 1,566/MW month in <br /> NO <br /> Increasing to$1,861/MW-Month for increasing to$1,861/MW-mo <br /> nth for <br /> Minimum Take of Base 2023-2029 2023 or <br /> Capacity Yes;85 MW Yes;85 MW <br /> Termination Options NONE <br /> Yes:OUC unilateral option to NONE <br /> terminate as early as 2020,with 2 <br /> St. Ducie Option NONEyearsnotice to C <br /> Yes,OUC has option to buy COVB's NONE <br /> share of output of St.Lucie pursuant <br /> to a PPA;OUC must exercise option <br /> FGT Contractsbefore 2029 <br /> COVB's rights under FGT gas OUC would receive permanent <br /> OUC would receive permanent- <br /> transportation contracts rights to COVB's capacity under FGT rights,EXCEPrth t <br /> transferred to OUC for term of contracts a COVE could <br /> the PPA,revert to COVE at end of recall'or"reclaim"its rights if <br /> PPA COVE builds new gas-fired <br /> generating capacity at the Vero y <br /> Beach Power Plant site to serve <br /> COVE native load by 12/31/2024 <br /> H <br />