Common use of Limitation of Remedies, Liability and Damages Clause in Contracts

Limitation of Remedies, Liability and Damages. 60 13.1 Limitations on Liability 60 13.2 Risk of Loss 61 ARTICLE 14: INDEMNIFICATION 61 14.1 Indemnification 61 14.2 Survives Agreement 63 ARTICLE 15: FORCE MAJEURE 63 15.1 Force Majeure 63 15.2 Notification 64 ARTICLE 16: MISCELLANEOUS PROVISIONS 64 16.1 Notices 64 16.2 No Prejudice of Rights 65 16.3 Assignment 65 16.4 Governing Law and Venue 66 16.5 Regulatory Approvals 66 16.6 Headings 67 16.7 Third Party Beneficiaries 67 16.8 General Miscellaneous Provisions 67 16.9 Taxes 68 16.10 Audit 69 16.11 Rules of Interpretation 69 16.12 Confidentiality 70 16.13 Federal Acquisition Regulation 72 16.14 Binding Terms 72 16.15 Amendment 73 16.16 Counterparts 73 16.17 Successors 73 APPENDIX A- MAXIMUM UNSECURED CREDIT 00 XXXXXXXX X – MTM EXPOSURE AMOUNT CALCULATION INFORMATION ............................................................................................................. 77 APPENDIX C - DS SUPPLY SPECIFICATIONS 80 APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL ............................................................................................................. 00 XXXXXXXX X – DS SUPPLIER’S OBLIGATIONS FOR AEPS COMPLIANCE 92 APPENDIX F - LETTER OF CREDIT DOCUMENTATION 107 APPENDIX G - GUARANTY 120 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS DEFAULT SERVICE SUPPLIER MASTER AGREEMENT, made and entered into this day of (“Effective Date”), by and between [Applicable EDC listed here - Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company or West Penn Power Company] (the “Company” and “Buyer”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] (“DS Supplier”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “Parties”, or individually as a “Party”,

Limitation of Remedies, Liability and Damages. 60 55 13.1 Limitations on Liability 60 55 13.2 Risk of Loss 61 56 ARTICLE 14: INDEMNIFICATION 61 57 14.1 Indemnification 61 57 14.2 Survives Agreement 63 58 ARTICLE 15: FORCE MAJEURE 63 59 15.1 Force Majeure 63 59 15.2 Notification 64 59 ARTICLE 16: MISCELLANEOUS PROVISIONS 64 60 16.1 Notices 64 60 16.2 No Prejudice of Rights 65 60 16.3 Assignment 65 60 16.4 Governing Law and Venue 66 61 16.5 Regulatory Approvals 66 62 16.6 Headings 67 62 16.7 Third Party Beneficiaries 67 62 16.8 General Miscellaneous Provisions 67 63 16.9 Taxes 68 64 16.10 Audit 69 64 16.11 Rules of Interpretation 69 65 16.12 Confidentiality 70 66 16.13 Federal Acquisition Regulation 72 67 16.14 Binding Terms 72 68 16.15 Amendment 73 68 16.16 Counterparts 73 69 16.17 Successors 73 69 APPENDIX A- MAXIMUM UNSECURED CREDIT 00 XXXXXXXX X REQUIREMENTS APPENDIX B – MTM EXPOSURE AMOUNT CALCULATION INFORMATION ............................................................................................................. 77 APPENDIX C - DS SUPPLY SPECIFICATIONS 80 APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL ............................................................................................................. 00 XXXXXXXX X APPENDIX E – DS SUPPLIER’S 'S OBLIGATIONS FOR AEPS COMPLIANCE 92 APPENDIX F - LETTER OF CREDIT DOCUMENTATION 107 APPENDIX G - GUARANTY 120 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS FOR FOURTH DEFAULT SERVICE PLAN JUNE 1, 2021 – MAY 31, 2025 THIS SUPPLIER MASTER AGREEMENT, made and entered into this _____ day of (“Effective Date”)__________, ____, by and between [Applicable EDC listed here - Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company or West Penn Power Company] _______________________ (the “"Company” " and “"Buyer”"), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] (“"DS Supplier”"), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “"Parties”", or individually as a “"Party”",

Limitation of Remedies, Liability and Damages. 60 76 13.1 Limitations on Liability 60 76 13.2 Risk of Loss 61 77 ARTICLE 14: 14 INDEMNIFICATION 61 77 14.1 Indemnification 61 77 14.2 Survives Agreement 63 80 ARTICLE 15: 15 FORCE MAJEURE 63 80 15.1 Force Majeure 63 80 15.2 Notification 64 80 ARTICLE 16: 16 MISCELLANEOUS PROVISIONS 64 81 16.1 Notices 64 81 16.2 No Prejudice of Rights 65 81 16.3 Effect of Regulatory or Legislative Actions 82 16.4 Assignment 65 16.4 83 16.5 Governing Law and Venue 66 16.5 Regulatory Approvals 66 16.6 84 16.7 Headings 67 16.7 84 16.8 Third Party Beneficiaries 67 16.8 84 16.9 General Miscellaneous Provisions 67 16.9 85 16.10 Taxes 68 16.10 86 16.11 Disclosure of Tax Treatment 87 16.12 Audit 69 16.11 88 16.13 Rules of Interpretation 69 16.12 88 16.14 Confidentiality 70 16.13 89 16.15 Federal Acquisition Regulation 72 16.14 90 16.16 Binding Terms 72 16.15 91 16.17 Amendment 73 16.16 91 16.18 Counterparts 73 16.17 and Electronic Signatures 92 16.19 Successors 73 93 APPENDIX A- MAXIMUM UNSECURED CREDIT 00 A Maximum Unsecured Credit 96 APPENDIX B MtM Exposure Amount Calculation Information 97 APPENDIX C DS Supply Specifications 000 XXXXXXXX X DS Supplier’s Obligations for AEPS Compliance 103 EXHIBIT 1 – MTM EXPOSURE AMOUNT CALCULATION INFORMATION ............................................................................................................. 77 APPENDIX C TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – AEPS OBLIGATION 108 EXHIBIT 3 – FORM OF NOTICE 110 EXHIBIT 4 – PJM DECLARATION OF AUTHORITY 112 EXHIBIT 5 - DS SUPPLY SPECIFICATIONS 80 APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL ............................................................................................................. 00 XXXXXXXX X – DS SUPPLIER’S OBLIGATIONS FOR AEPS COMPLIANCE 92 APPENDIX F - PERFORMANCE ASSURANCE LETTER OF CREDIT DOCUMENTATION 107 APPENDIX G - 120 EXHIBIT 6 – UNCONDITIONAL GUARANTY 120 124 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS DEFAULT SERVICE SUPPLIER MASTER AGREEMENT, made and entered into this __________ day of _____________________, ________ (“Effective Date”), by and between [Applicable EDC listed here - Metropolitan Edison Company, Pennsylvania PPL Electric Company, Pennsylvania Power Company or West Penn Power Company] Utilities Corporation (the “Company” and “Buyer”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] and   (“DS Supplier”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “Parties”, or individually as a “Party”,

Limitation of Remedies, Liability and Damages. 60 77 13.1 Limitations on Liability 60 77 13.2 Risk of Loss 61 78 ARTICLE 14: 14 INDEMNIFICATION 61 79 14.1 Indemnification 61 79 14.2 Survives Agreement 63 82 ARTICLE 15: 15 FORCE MAJEURE 63 83 15.1 Force Majeure 63 83 15.2 Notification 64 83 ARTICLE 16: 16 MISCELLANEOUS PROVISIONS 64 83 16.1 Notices 64 83 16.2 No Prejudice of Rights 65 84 16.3 Effect of Regulatory or Legislative Actions 84 16.4 Assignment 65 16.4 85 16.5 Governing Law and Venue 66 16.5 Venue/Forum Selection 86 16.6 Regulatory Approvals 66 16.6 87 16.7 Headings 67 16.7 87 16.8 Third Party Beneficiaries 67 16.8 87 16.9 General Miscellaneous Provisions 67 16.9 88 16.10 Taxes 68 16.10 89 16.11 Disclosure of Tax Treatment 90 16.12 Audit 69 16.11 91 16.13 Rules of Interpretation 69 16.12 91 16.14 Confidentiality 70 16.13 92 16.15 Federal Acquisition Regulation 72 16.14 94 16.16 Binding Terms 72 16.15 94 16.17 Amendment 73 16.16 95 16.18 Counterparts 73 16.17 and Electronic Signatures 95 16.19 Successors 73 96 APPENDIX A- MAXIMUM UNSECURED CREDIT 00 XXXXXXXX X – MTM EXPOSURE AMOUNT CALCULATION INFORMATION ............................................................................................................. 77 A Maximum Unsecured Credit 99 APPENDIX B MtM Exposure Amount Calculation Information 100 APPENDIX C DS Supply Specifications 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – FORM OF NOTICE 109 EXHIBIT 3 – PJM DECLARATION OF AUTHORITY 111 EXHIBIT 4a - DS SUPPLY SPECIFICATIONS 80 APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL ............................................................................................................. 00 XXXXXXXX X – DS SUPPLIER’S OBLIGATIONS FOR AEPS COMPLIANCE 92 APPENDIX F - PERFORMANCE ASSURANCE EVERGREEN LETTER OF CREDIT DOCUMENTATION 107 APPENDIX G 119 EXHIBIT 4b - PERFORMANCE ASSURANCE EVERGREEN LETTER OF CREDIT (ELECTRONIC “eUCP CREDIT”) 124 EXHIBIT 5 – UNCONDITIONAL GUARANTY 120 130 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS DEFAULT SERVICE SUPPLIER MASTER AGREEMENT, made and entered into this __________ day of _____________________, ________ (“Effective Date”), by and between [Applicable EDC listed here - Metropolitan Edison Company, Pennsylvania PPL Electric Company, Pennsylvania Power Company or West Penn Power Company] Utilities Corporation (the “Company” and “Buyer”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] and   (“DS Supplier”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “Parties”, or individually as a “Party”,