AGREEMENT TO EXTEND DATE
Pursuant to the provisions of Sections 1, 3 and 4 of the
Agreement (the "Agreement") made April 26, 1995 between Potomac
Electric Power Company (the "Company") and Xxxxxx X. Xxxxxxxx
("Xxxxxxxx"), the Company and Xxxxxxxx do hereby mutually agree to
a date subsequent to the January 1, 1997 date set forth in Sections
1, 3 and 4 of the Agreement with January 1, 1997 being changed to
the later of:
(i) January 1, 1997, or
(ii) the Effective Time as that term is defined in the
Agreement and Plan of Merger by and among the Company,
Baltimore Gas and Electric Company and RH Acquisition Corp.
dated as of September 22, 1995 (the "Merger Agreement"),
provided, however, if the Merger Agreement is terminated
without consummation of the transaction contemplated therein,
for purposes of this written agreement the Effective Time
shall be deemed to be the date of such termination.
Agreed to this 22nd day of September, 1995.
Potomac Electric Power Company
/s/ XXXX X. XXXXXXX
By:___________________________
Xxxx X. Xxxxxxx, Xx.
Attest:
/s/ XXXXX XXXXXXX XXXXXX
____________________________
Assistant Secretary
Xxxxxx X. Xxxxxxxx
/S/ XXXXXX X. XXXXXXXX
______________________________
