Exhibit 10.3(d)
---------------
THIRD AMENDMENT TO
WINDSYSTEM MANAGEMENT AGREEMENT
This Third Amendment to Windsystem Management Agreement (the "Amendment") is
dated as of July 10, 2006 by and between Enron Wind Systems, LLC ("EWS") and
Zond Windsystem Partners, Ltd. Series 85-B, a California limited partnership
(the "Partnership").
RECITALS
--------
WHEREAS, EWS and the Partnership are parties to that certain Windsystem
Management Agreement dated as of September 9, 1985, as amended (the "Windsystem
Management Agreement"), pursuant to which EWS performs certain management,
administrative and other services for the Partnership in connection with that
certain wind power project owned by the Partnership.
WHEREAS, the term of the Windsystem Management Agreement expires on June 30,
2006 (the "Windsystem Management Termination Date") and the parties desire to
extend the Windsystem Management Termination Date until September 30, 2006.
AGREEMENT
---------
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, EWS and the Partnership agree as follows:
1. Amendment to Windsystem Management Agreement. Section 3 of the Windsystem
--------------------------------------------
Management Agreement is hereby amended by deleting the date "June 30, 2006" that
appears therein and replacing it with the date September 30, 2006."
2. Governing Law. The terms and provisions of this Amendment shall be governed
-------------
by and construed in accordance with the laws of the state of California.
3. Counterparts. This Amendment may be executed in counterparts, each of which
------------
shall be deemed an original and all of which, when taken together, shall
constitute one and the same document.
4. Effective Date. This Amendment shall be effective and the Windsystem
--------------
Management Agreement shall be amended pursuant to this Amendment as of
June 30, 2006.
1
IN WITNESS WHEREOF, each of the parties to this Amendment have executed this
Amendment as of the date set forth above.
EWS Partnership
--- -----------
Enron Wind Systems, LLC Zond-PanAero Windsystem Partners, Ltd.
Series 85-B, a California Limited
By: Enron Wind LLC, its sole Partnership
member
By: Zond Windsystems Management IV
LLC, its General Partner
By: Enron Renewable Energy Corp., By: /s/ Xxxxx X. Xxxxxx
its sole member --------------------------------
Name: Xxxxx X. Xxxxxx
--------------------------------
Title: President & CEO
--------------------------------
By: /s/ Xxxxx X. Xxxxxx
---------------------------------------
Name: Xxxxx X. Xxxxxx
---------------------------------------
Title: President & CEO
---------------------------------------
2
