Common use of Annual True-Up Adjustment Clause in Contracts

Annual True-Up Adjustment. 1. RIE shall submit an annual informational filing (“Initial Filing”) with the Commission with copies to the Rhode Island Public Utilities Commission & Division of Public Utilities and Carriers and the Rhode Island Attorney General reconciling monthly xxxxxxxx to Transmission Customer under this formula to actual data (the "Annual True- up"). The Annual True-up will be completed no later than June 30 for the calendar year which the Annual True-up relates (the "Service Year"). The Annual True-up will reconcile any differences between a recalculation of the costs for the Service Year based on actual data, including data reported in Transmission Customer's Quarterly FERC Form 1s as compared to the monthly actual costs invoiced. The recalculation of the costs for the Service Year will be done using the following information:

Annual True-Up Adjustment. 1. RIE X. XXX shall submit an annual informational filing (“Initial Filing”) with the Commission with copies to the Rhode Island Public Utilities Commission & Division of Public Utilities and Carriers and the Rhode Island Attorney General reconciling monthly xxxxxxxx to Transmission Customer under this formula to actual data (the "“Annual True- up"”). The Annual True-up will be completed no later than June 30 for the calendar year which the Annual True-up relates (the "“Service Year"”). The Annual True-up will reconcile any differences between a recalculation of the costs for the Service Year based on actual data, including data reported in Transmission Customer's Quarterly FERC Form 1s as compared to the monthly actual costs invoiced. The recalculation of the costs for the Service Year will be done using the following information:

Annual True-Up Adjustment. 1. RIE shall submit an annual informational filing (“Initial Filing”) with the Commission with copies to the Rhode Island Public Utilities Commission & Division of Public Utilities and Carriers and the Rhode Island Attorney General reconciling monthly xxxxxxxx to Transmission Customer under this formula to actual data (the "Annual True- up"). The Annual True-up will be completed no later than June 30 for the calendar year which the Annual True-up relates (the "Service Year"). The Annual True-up will reconcile any differences between a recalculation of the costs for the Service Year based on actual data, including data reported in Transmission Customer's Quarterly FERC Form 1s 1's as compared to the monthly actual costs invoiced. The recalculation of the costs for the Service Year will be done using the following information:

Annual True-Up Adjustment. 1. RIE shall submit an annual informational filing (“Initial Filing”) with the Commission with copies to the Rhode Island Public Utilities Commission & Division of Public Utilities and Carriers and the Rhode Island Attorney General reconciling monthly xxxxxxxx to Transmission Customer under this formula to actual data (the "“Annual True- up"”). The Annual True-up will be completed no later than June 30 for the calendar year which the Annual True-up relates (the "“Service Year"”). The Annual True-up will reconcile any differences between a recalculation of the costs for the Service Year based on actual data, including data reported in Transmission Customer's Quarterly FERC Form 1s 1's as compared to the monthly actual costs invoiced. The recalculation of the costs for the Service Year will be done using the following information:

Annual True-Up Adjustment. 1. RIE shall submit an annual informational filing (“Initial Filing”) with the Commission with copies to the Rhode Island Public Utilities Commission & Division of Public Utilities and Carriers and the Rhode Island Attorney General reconciling monthly xxxxxxxx to Transmission Customer under this formula to actual data (the "“Annual True- up"”). The Annual True-up will be completed no later than June 30 for the calendar year which the Annual True-up relates (the "“Service Year"”). The Annual True-up will reconcile any differences between a recalculation of the costs for the Service Year based on actual data, including data reported in Transmission Customer's Quarterly FERC Form 1s as compared to the monthly actual costs invoiced. The recalculation of the costs for the Service Year will be done using the following information: