AMENDMENT NO. 5 SAN DIEGO GAS & ELECTRIC COMPANY NUCLEAR FACILITIES NONQUALIFIED CPUC DECOMMISSIONING MASTER TRUST AGREEMENT FOR SAN ONOFRE NUCLEAR GENERATING STATIONS
Exhibit 10.48
AMENDMENT NO. 5
SAN DIEGO GAS & ELECTRIC COMPANY
NUCLEAR FACILITIES NONQUALIFIED
CPUC DECOMMISSIONING MASTER TRUST
AGREEMENT
FOR SAN XXXXXX NUCLEAR GENERATING STATIONS
WHEREAS, the California Public Utilities Commission, San Diego Gas & Electric Company, and Mellon Bank, N.A. (the "Parties") have executed the San Diego Gas & Electric Company Nuclear Facilities Nonqualified CPUC Decommissioning Master Trust Agreement for San Xxxxxx Nuclear Generating Stations, as amended, (the "Master Trust Agreement") and the Parties desire to amend the Master Trust Agreement;
NOW, THEREFORE, the Master Trust Agreement is amended as provided herein below effective December 24, 2003.
The introductory text of Article II is amended to read as follows:
II
DISPOSITIVE PROVISIONS
After payment of the expenses described in Section 6.01 hereof, the Trustee shall distribute the Master Trust as provided in this Article II. Except for payments or disbursements made pursuant to Section 2.01 or as otherwise permitted under paragraph 50.82(a)(8) of Title 10 of the Code of Federal Regulations, no disbursement or payment may be made from the Master Trust until written notice of the intention to make disbursement or payment has been given to the Nuclear Regulatory Commission Director of the Office of Nuclear Regulation, or Director of the Office of Nuclear Material Safety and Safeguards, as applicable, at least 30 working days before the date of the intended disbursement or payment.
IN WITNESS WHEREOF, the Parties have executed this Amendment No. 5 effective December 24, 2003.
CALIFORNIA PUBLIC UTILITIES COMMISSION
By:_______________________________________
Title:_____________________________________
SAN DIEGO GAS & ELECTRIC COMPANY
By:_______________________________________ Attest: __________________
Title:______________________________________ Title: ___________________
MELLON BANK, N. A.
By:________________________________________ Attest: _________________
Title:______________________________________ Title: __________________
