BOND PURCHASE AGREEMENT Vermont Economic Development Authority Recovery Zone Facility Bonds Central Vermont Public Service Corporation Issue Series 2010Bond Purchase Agreement • November 19th, 2010 • Central Vermont Public Service Corp • Electric services
KeyBanc Capital Markets Inc. (the “Underwriter”) hereby offers to enter into this Bond Purchase Agreement, dated November 18, 2010 (the “Purchase Agreement”), with Central Vermont Public Service Corporation (the “Borrower”) and the Vermont Economic Development Authority (the “Authority”), for the purchase by the Underwriter and sale by the Authority of the $30,000,000 Recovery Zone Facility Bonds, Central Vermont Public Service Corporation Issue, Series 2010 (the “Bonds”), as further described below. This offer is made subject to acceptance by the Authority and the Borrower on or before November 18, 2010, at 5:00 p.m. Eastern Time, and upon such acceptance, as evidenced by the signature of an authorized officer of the Authority and an authorized representative of the Borrower, this Purchase Agreement shall be in full force and effect in accordance with its terms and shall be binding upon the Authority, the Borrower and the Underwriter. If this offer is not so accepted, it is subject to
