Common use of Over-Scheduling Adjustment Clause in Contracts

Over-Scheduling Adjustment. If during any Settlement Interval the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy, and the Real-Time Price is less than the Day-Ahead Price payable during the Settlement Interval; Then Seller’s monthly payment amount shall be reduced by each Over-Scheduling Settlement Interval Adjustment Amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [C – D] Where A = The Metered Energy in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval. *** End of Exhibit M *** EXHIBIT N Notice List [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:

Over-Scheduling Adjustment. If during any Settlement Interval the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy, and the Real-Time Price is less than the Day-Ahead Price payable during the Settlement Interval; Then Seller’s monthly payment amount shall be reduced by each Over-Scheduling Settlement Interval Adjustment Amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [C – D] Where A = The Metered Energy in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval. *** End of Exhibit M *** EXHIBIT N Notice List [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 9.08 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 9.08 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:

Over-Scheduling Adjustment. If during any Settlement Interval the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy, and the Real-Time Price is less than the Day-Day- Ahead Price payable during the Settlement Interval; Then Seller’s monthly payment amount shall be reduced by each Over-Scheduling Settlement Interval Adjustment Amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [C – D] Where A = The Metered Energy in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval. *** End of Exhibit M *** EXHIBIT N Notice List [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number: