Common use of Milestone Payment Table Clause in Contracts

Milestone Payment Table. The project milestones and schedule of payments is shown below. Any adjustments to the milestone deliverable dates must be approved in writing by the NYSERDA Project Manager. The Contractor shall submit invoices for payment of a completed milestone once the associated Deliverable(s) is approved by the NYSERDA Project Manager. Invoices shall be submitted in a template provided by NYSERDA and as outlined in Article IV of the Agreement. NYSERDA funding shall not exceed 100% of the cost of any milestone. NYSERDA is not responsible for any Deliverable costs that are greater than the NYSERDA contribution for each milestone. If the Contractor fails to complete the project or any milestone of the project, funds disbursed shall be subject to recapture as outlined in Section 2.03 under Exhibit B. NYSERDA CEC grant funds shall only cover the cost of the project after any other incentives (private, state, federal, etc.) received by the Contractor are removed. It is NYSERDA’s expectation that all dollars awarded under this contract will be used to support clean energy projects. Should Contractor find available funds, for example, through cost savings achieved in performance of the Statement of Work, Contractor agrees to use those funds for clean energy projects. Milestone # Milestone Dates Deliverable Description NYSERDA Contribution ($) (Not to Exceed) 1 3/30/1900 Planning Phase – Solar $0.00 1 3/30/1900 Planning Phase – Non-Road Electric Vehicle(s) $0.00 1 3/30/1900 Planning Phase – Electric Vehicle(s) $0.00 1 3/30/1900 Planning Phase – Electric Landscaping Equipment $0.00 1 3/30/1900 Planning Phase – EV Charging Station(s) $0.00 1 3/30/1900 Planning Phase – LED Street Lights $0.00 1 3/30/1900 Planning Phase – CEC Energy Study(ies) $0.00 1 3/30/1900 Planning Phase – Clean Energy Communities (CEC) Building Upgrades $0.00 1 3/30/1900 Planning Phase – Building Heat Pump Upgrades $0.00 1 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 1 3/30/1900 Planning Phase – Custom Project $0.00 2 3/30/1900 Completion Phase – Solar $0.00 2 3/30/1900 Completion Phase – Non-Road Electric Vehicle(s) $0.00 2 3/30/1900 Completion Phase – Electric Vehicle(s) $0.00 2 3/30/1900 Completion Phase – Electric Landscaping Equipment $0.00 2 3/30/1900 Completion Phase – EV Charging Station(s) $0.00 2 3/30/1900 Completion Phase – LED Street Lights $0.00 2 3/30/1900 Completion Phase – CEC Energy Study(ies) $0.00 2 3/30/1900 Completion Phase – Building Heat Pump Upgrades $0.00 2 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 2 3/30/1900 Completion Phase – Custom Project $0.00 Total Project Budget $0.00 Article I Definitions

Milestone Payment Table. The project milestones and schedule of payments is shown below. Any adjustments to the milestone deliverable dates must be approved in writing by the NYSERDA Project Manager. The Contractor shall submit invoices for payment of a completed milestone once the associated Deliverable(s) is approved by the NYSERDA Project Manager. Invoices shall be submitted in a template provided by NYSERDA and as outlined in Article IV of the Agreement. NYSERDA funding shall not exceed 100% of the cost of any milestone. NYSERDA is not responsible for any Deliverable costs that are greater than the NYSERDA contribution for each milestone. If the Contractor fails to complete the project or any milestone of the project, funds disbursed shall be subject to recapture as outlined in Section 2.03 under Exhibit B. NYSERDA CEC grant funds shall only cover the cost of the project after any other incentives (private, state, federal, etc.) received by the Contractor are removed. It is NYSERDA’s expectation that all dollars awarded under this contract will be used to support clean energy projects. Should Contractor find available funds, for example, through cost savings achieved in performance of the Statement of Work, Contractor agrees to use those funds for clean energy projects. Milestone # Milestone Dates Deliverable Description NYSERDA Contribution ($) (Not to Exceed) 1 3/30/1900 [date] Planning Phase – Solar $0.00 [#] 1 3/30/1900 Planning Phase – Non-Road Electric Vehicle(s) $0.00 1 3/30/1900 [date] Planning Phase – Electric Vehicle(s) $0.00 [#] 1 3/30/1900 Planning Phase – Electric Landscaping Equipment $0.00 1 3/30/1900 Planning Phase – EV Charging Station(s) $0.00 1 3/30/1900 [date] Planning Phase – LED Street Lights $0.00 [#] 1 3/30/1900 [date] Planning Phase – CEC Energy Study(ies) $0.00 [#] 1 3/30/1900 Planning Phase – Clean Energy Communities (CEC) Building Upgrades $0.00 1 3/30/1900 [date] Planning Phase – Building Heat Pump Upgrades $0.00 [#] 1 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 1 3/30/1900 [date] Planning Phase – Custom Project $0.00 [#] 2 3/30/1900 [date] Completion Phase – Solar $0.00 [#] 2 3/30/1900 Completion Phase – Non-Road Electric Vehicle(s) $0.00 2 3/30/1900 [date] Completion Phase – Electric Vehicle(s) $0.00 [#] 2 3/30/1900 Completion Phase – Electric Landscaping Equipment $0.00 2 3/30/1900 Completion Phase – EV Charging Station(s) $0.00 2 3/30/1900 [date] Completion Phase – LED Street Lights $0.00 [#] 2 3/30/1900 Completion Phase – CEC Energy Study(ies) $0.00 2 3/30/1900 [date] Completion Phase – Building Heat Pump Upgrades $0.00 [#] 2 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 2 3/30/1900 [date] Completion Phase – Custom Project $0.00 [#] Total Project Budget $0.00 Article I Definitions[#]

Milestone Payment Table. The project milestones and schedule of payments is shown below. Any adjustments to the milestone deliverable dates must be approved in writing by the NYSERDA Project Manager. The Contractor shall submit invoices for payment of a completed milestone once the associated Deliverable(s) is approved by the NYSERDA Project Manager. Invoices shall be submitted in a template provided by NYSERDA and as outlined in Article IV of the Agreement. NYSERDA funding shall not exceed 100% of the cost of any milestone. NYSERDA is not responsible for any Deliverable costs that are greater than the NYSERDA contribution for each milestone. If the Contractor fails to complete the project or any milestone of the project, funds disbursed shall be subject to recapture as outlined in Section 2.03 under Exhibit B. NYSERDA CEC grant funds shall only cover the cost of the project after any other incentives (private, state, federal, etc.) received by the Contractor are removed. It is NYSERDA’s expectation that all dollars awarded under this contract will be used to support clean energy projects. Should Contractor find available funds, for example, through cost savings achieved in performance of the Statement of Work, Contractor agrees to use those funds for clean energy projects. Milestone # Milestone Dates Deliverable Description NYSERDA Contribution ($) (Not to Exceed) 1 3/30/1900 [date] Planning Phase – Solar $0.00 [#] 1 3/30/1900 Planning Phase – Non-Road Electric Vehicle(s) $0.00 1 3/30/1900 [date] Planning Phase – Electric Vehicle(s) $0.00 [#] 1 3/30/1900 Planning Phase – Electric Landscaping Equipment $0.00 1 3/30/1900 Planning Phase – EV Charging Station(s) $0.00 1 3/30/1900 [date] Planning Phase – LED Street Lights $0.00 [#] 1 3/30/1900 Planning Phase – CEC Energy Study(ies) $0.00 1 3/30/1900 Planning Phase – Clean Energy Communities (CEC) Building Upgrades $0.00 1 3/30/1900 [date] Planning Phase – Building Heat Pump Upgrades $0.00 [#] 1 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 1 3/30/1900 [date] Planning Phase – Custom Project $0.00 [#] 2 3/30/1900 [date] Completion Phase – Solar $0.00 [#] 2 3/30/1900 Completion Phase – Non-Road Electric Vehicle(s) $0.00 2 3/30/1900 Completion Phase – Electric Vehicle(s) $0.00 2 3/30/1900 Completion Phase – Electric Landscaping Equipment $0.00 2 3/30/1900 Completion Phase – EV Charging Station(s) $0.00 2 3/30/1900 Completion Phase – LED Street Lights $0.00 2 3/30/1900 Completion Phase – CEC Energy Study(ies) $0.00 2 3/30/1900 [date] Completion Phase – Building Heat Pump Upgrades $0.00 [#] 2 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 2 3/30/1900 [date] Completion Phase – Custom Project $0.00 [#] Total Project Budget $0.00 Article I Definitions[#]

Milestone Payment Table. The project milestones and schedule of payments is shown below. Any adjustments to the milestone deliverable dates must be approved in writing by the NYSERDA Project Manager. The Contractor shall submit invoices for payment of a completed milestone once the associated Deliverable(s) is approved by the NYSERDA Project Manager. Invoices shall be submitted in a template provided by NYSERDA and as outlined in Article IV of the Agreement. NYSERDA funding shall not exceed 100% of the cost of any milestone. NYSERDA is not responsible for any Deliverable costs that are greater than the NYSERDA contribution for each milestone. If the Contractor fails to complete the project or any milestone of the project, funds disbursed shall be subject to recapture as outlined in Section 2.03 under Exhibit B. NYSERDA CEC grant funds shall only cover the cost of the project after any other incentives (private, state, federal, etc.) received by the Contractor are removed. It is NYSERDA’s expectation that all dollars awarded under this contract will be used to support clean energy projects. Should Contractor find available funds, for example, through cost savings achieved in performance of the Statement of Work, Contractor agrees to use those funds for clean energy projects. Milestone # Milestone Dates Deliverable Description NYSERDA Contribution ($) (Not to Exceed) 1 3/30/1900 Planning Phase – Solar $0.00 1 3/30/1900 Planning Phase – Non-Road Electric Vehicle(s) $0.00 1 3/30/1900 Planning Phase – Electric Vehicle(s) $0.00 1 3/30/1900 Planning Phase – Electric Landscaping Equipment $0.00 1 3/30/1900 Planning Phase – EV Charging Station(s) $0.00 1 3/30/1900 Planning Phase – LED Street Lights $0.00 1 3/30/1900 Planning Phase – CEC Energy Study(ies) $0.00 1 3/30/1900 Planning Phase – Clean Energy Communities (CEC) Building Upgrades $0.00 1 3/30/1900 Planning Phase – Building Heat Pump Upgrades $0.00 1 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 1 3/30/1900 Planning Phase – Custom Project $0.00 2 3/30/1900 Completion Phase – Solar $0.00 2 3/30/1900 Completion Phase – Non-Road Electric Vehicle(s) $0.00 2 3/30/1900 Completion Phase – Electric Vehicle(s) $0.00 2 3/30/1900 Completion Phase – Electric Landscaping Equipment $0.00 2 3/30/1900 Completion Phase – EV Charging Station(s) $0.00 2 3/30/1900 Completion Phase – LED Street Lights $0.00 2 3/30/1900 Completion Phase – CEC Energy Study(ies) $0.00 2 3/30/1900 Completion Phase – Building Heat Pump Upgrades $0.00 2 3/30/1900 Building Upgrades - NYPA Clean Energy Solutions Upgrades $0.00 2 3/30/1900 Completion Phase – Custom Project $0.00 Total Project Budget $0.00 Article I Definitions0.00