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SALES CONTRACT FOR EXCHANGE OF <br />LANDFILL METHANE EMISSION OFFSETS <br />This Sales Contract ("Contract") for the exchange of landfill methane emission offsets <br />("Offsets") is made effective this 10th day of June, 2008, by and between Geosyntec Consultants, <br />Inc. ("Geosyntec"), located at 2258 Riverside Avenue, Jacksonville, Florida_32204, and Indian <br />River County Solid Waste Disposal District, a dependent special district of Indian River County <br />Utilities Department ("SWDD"), whose address is c/o Indian River County Utilities Department, <br />1801 27th Street, Vero Beach, Florida 32960. <br />NOW, THEREFORE, in consideration of the mutual promises set forth below, the parties hereby <br />agree as follows: <br />1. COMMODITY TRADED. This Contract addresses the trade of Offsets generated by the <br />collection and combustion of landfill gas. The commodity traded are the Offsets and not the <br />landfill gas itself. <br />2. CURRENT OWNERSHIP OF OFFSETS. The SWDD attests that it holds full legal title to the <br />Offsets generated from the Indian River County Class I Landfill located at Vero Beach, Florida. <br />3. TRANSFER OF OWNERSHIP OF OFFSETS. The parties to this Contract hereby agree that <br />title to the two batches of Offsets covered under this Contract and accumulated from October <br />25, 2007 through March 11, 2008 shall be transferred to Geosyntec with immediate effect for <br />the sole purpose of verifying, registering, and selling the Offsets in the Chicago Climate <br />Exchange (CCX) per CCX's rules and regulations on behalf of SWDD. This transfer is made in <br />accordance with Work Order Number 11, approved by the SWDD Board of Commissioners on <br />July 24, 2007. SWDD agrees to execute further documents to the extent needed to facilitate the <br />transfer and sale of the Offsets, upon review and approval by the Indian River County County <br />Adminstrator, or designee, and all appropriate staff. <br />IN WIiiNESS WHEREOP, the parties <br />autho0i2ed representatives, :as follows: <br />K .r <br />IRIDIAN RIVER _COUN'TY <br />SOLID WASTE DISPOSAL -DISTRICT <br />Sandrb L. Bowden, <br />Attest: J.K. Barton, Clerk of Court <br />By: <br />4eputy Clerk <br />Approved: <br />Lam <br />have caused this Contract to be executed by their duly <br />`d, bounty Administrator <br />TO FORM <br />.... <br />COUNTY ATTORNEY <br />GEOSYNTEC CONSULTANTS, INC. <br />Signature: <br />/�— <br />Sig <br />Thomas A. Peel <br />Printed Name <br />Vice President_�__�_`___��� <br />Title <br />