0000945234-05-000510 Sample Contracts

LIMITED PARTNERSHIP AGREEMENT of SEA BREEZE PACIFIC JUAN DE FUCA CABLE, LP
Limited Partnership Agreement • July 8th, 2005 • Sea Breeze Power Corp • Electric services • Delaware

This Limited Partnership Agreement of Sea Breeze Pacific Juan de Fuca Cable, LP, a Delaware limited partnership (the “Partnership”) is entered into as of the 24th day of March, 2005 (this “Agreement”) by and between Juan de Fuca Cable Management, Inc., a Delaware corporation (the “General Partner”), with an address at 203 Red Stone Hill, Plainville, CT 06062, SBJF Holding Corp., a British Columbia corporation (“Sea Breeze”) and Boundless Energy NW, Inc., a Delaware corporation (“Boundless Energy”, and together with Sea Breeze, the “Limited Partners”, and the Limited Partners, together with the General Partner shall collectively be referred to as the “Partners”).

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DEVELOPMENT LOAN AGREEMENT by and among SEA BREEZE PACIFIC JUAN DE FUCA CABLE, LP (the “Borrower”) and UNITED STATES POWER FUND, L.P. (the “Lender”) and OLYMPIC CONVERTER GP, LLC and OLYMPIC CONVERTER, LP (together, the “Subs”) JUAN DE FUCA CABLE...
Pledge and Security Agreement • July 8th, 2005 • Sea Breeze Power Corp • Electric services • New York

This DEVELOPMENT LOAN AGREEMENT is executed this 6th day of April, 2005, by and among SEA BREEZE PACIFIC JUAN DE FUCA CABLE, LP, a Delaware limited partnership (“Borrower”); UNITED STATES POWER FUND, L.P., a Delaware limited partnership (“USPF” or the “Lender”); JUAN DE FUCA CABLE MANAGEMENT, INC., a Delaware corporation (“General Partner”), OLYMPIC CONVERTER, LP, a Delaware limited partnership (“OC”), OLYMPIC CONVERTER GP, LLC, a Delaware limited liability company (“OCGP” and, together with OC, the “Subs”) and SEA BREEZE POWER CORP., a British Columbia corporation (“SBX”) and BOUNDLESS ENERGY LLC, a Maine limited liability company (“BE” and together with SBX, the “Overrun Protectors”). Borrower, Lender, General Partner, Overrun Protectors and the Subs are referenced herein individually as a “Party” and collectively as “Parties.”

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