AMENDMENT NO. 11 TO THE SAN DIEGO GAS & ELECTRIC COMPANY NUCLEAR FACILITIES QUALIFIED CPUC DECOMMISSIONING MASTER TRUST AGREEMENT FOR SAN ONOFRE NUCLEAR GENERATING STATIONS
Exhibit 10.2
AMENDMENT NO. 11
TO THE
SAN DIEGO GAS & ELECTRIC COMPANY
NUCLEAR FACILITIES QUALIFIED CPUC DECOMMISSIONING
MASTER TRUST AGREEMENT
FOR
SAN XXXXXX NUCLEAR GENERATING STATIONS
This Amendment No. 11 made this 27th day of August , 2014, by and between San Diego Gas & Electric Company (“Company”) and The Bank of New York Mellon, a New York state bank, successor by operation of law to Mellon Bank, N.A (“Trustee”).
WHEREAS, pursuant to Section 2.12 of the Nuclear Facilities Qualified Decommissioning Master Trust for San Xxxxxx Nuclear Generating Stations dated as of June 29, 1992, as amended (“Agreement”) between the Company and the Trustee, the parties specifically reserve the right to amend the Agreement;
NOW, THEREFORE, the Company and the Trustee agree as follows:
1.
The last sentence of Section 3.02 shall be restated as follows:
“Appointments of Committee members may be for less than a five-year term in order to establish staggered membership terms among the members of the Committee.”
2.
Each Party hereby represents and warrants to the others that it has full authority to enter into this Amendment No. 11 upon the terms and conditions hereof and that the individual executing this Amendment No. 11 on its behalf has the requisite authority to bind that Party.
IN WITNESS WHEREOF, the Company, the Trustee, and the California Public Utilities Commission have set their hands and seals in agreement to these amendments effective as provided above.
SAN DIEGO GAS & ELECTRIC COMPANY | |
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By: | /s/ Xxxxxx Xxxxxx |
Date: | 7/31/14 |
Attest: | /s/ Xxxxxx Xxxxxxx |
THE BANK OF NEW YORK MELLON | |
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By: | /s/ Xxxxxx X. Xxxxxxxxxx |
Date: | 7/29/14 |
Attest: | /s/ Xxxxx Xxxxxxx |
CALIFORNIA PUBLIC UTILITIES COMMISSION | |
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By: | /s/ Xxxxxxxx Xxxxx for PAC |
Date: | 8/27/14 |
Attest: | /s/ Xxxxx Xxxxxxxx |