Page 2

Question 0

Section 2- term

Answer 0

Agreement is valid for 25 years

Starts at in-service date

Question 1

Section 1: introduction

Answer 1

Property owner
Agreement between
Corinthian Energy, LLC and you

Agreement to purchase power system generates

Question 2

Section 3- system description

Answer 2

Definition of the parts that make up system

Question 3

Section 4: power purchase agreement payments; amounts

Answer 3

States initial KWH price.
Annual increase.
Payments due on the first of the month.
Calculation of monthly bill.
     KWH's generated multiplied by KWH rate.

Additional power will be purchased from utility.
Professional meter will be installed
$4.99 fee for not using ACH

Question 4

Section 5 – additional obligations

Answer 4

Maintain Internet connection.
Keep shading consistent as when installed.
Do not tamper with system.
No Lien- UCC1 filing system is a separate asset.
Late payment charge layout.
Monitoring, insurance, maintenance, at no cost to you.
Allow access for maintenance.

Question 5

Section 6 – conditions prior to installation of the system

Answer 5

Thorough site assessment.

Verify we can do everything agreement says.

Confirm all rebates, tax credits and zoning/permitting requirements.

If off by -3% or +10% provide new estimate.

Question 6

Section 7 – warranty

Answer 6

Sole warranty attached in Exhibit 2

Question 7

Section 8 – assignment

Answer 7

We may assign, sell or transfer the agreement.

All obligations remain intact.

Question 8

Section 9 – our ownership of the system: tax credits and rebates

Answer 8

We own system and all credit, rebates Etc. Associated with it.

Question 9

Section 10 – purchasing the system prior to the end of term

Answer 9

6th, 9th, 12th, 15th, 18th, 21st or 24th anniversaries of in-service date.
When you move.
At the end of agreement.

Prices greater of FMV or amount laid out here

Question 10

Section 11 – renewal

Answer 10

One 5-year term

Question 11

Section 12 – selling your home

Answer 11

Transfer to the new homeowner

Prepay payments

Purchase the system

Question 12

Section 13- loss or damage

Answer 12

Fully insured for loss, damage, theft, destruction.

 Unless damage is caused by you or someone you invited.

Question 13

Section 14 – limitations of liability

Answer 13

Liability limited to direct, actual damages

Question 14

Section 15 – default

Answer 14

You will be in default if you:
Miss two consecutive payments by the due date

 Fail to perform any of the obligations. 

 Intentionally misrepresented yourself. 

 Assigned the agreement to another party without notifying us.

Question 15

Section 16 – remedies in case of default

Answer 15

If you are in default we can terminate agreement.

Remove system at your cost.

Take reasonable action to correct default.

Question 16

Section 17- system removal; return

Answer 16

Agree to contact within 90 days of end term to arrange for removal

No cost to you

Question 17

Section 18 – applicable law: arbitration

Answer 17

Laws of state where homeowner lives govern this agreement.

Both parties agreed to arbitrate

Question 18

Section 19 – waiver

Answer 18

Any delay or failure by either party does not result in a cancellation of these provisions.

Question 19

Section 20- notices

Answer 19

All notices must be in writing

Notices sent to address from agreement unless otherwise specified in writing

Question 20

Section 21 – entire agreement: changes: joint and several liability

Answer 20

This agreement represents the entire agreement.

Signing acknowledges full responsibility for the terms set forth.

Question 21

Section 22 – notice of right to cancel

Answer 21

Prior to midnight of the 3rd business day

Question 22

Exhibit 1 – notice of cancellation

Answer 22

There are two copies of your standard 3 day right to rescission.