Re: Proposal for agreement on power purchase agreement.Good Works Acquisition Corp. • March 19th, 2021 • Blank checks
This term sheet (the “Term Sheet”) shall provide the basic terms and conditions of a Power Purchase Agreement (the “PPA”) to be entered into between Bitfury Holding B.V., whose registered office is located at Strawinskylaan 3051, 1077ZX Amsterdam, the Netherlands and its affiliates and Luminant ET Services Company LLC for the sale of full requirements retail power under the terms and conditions of a potential PPA.
TERM SHEET FOR BITCOIN MINING HOSTING AGREEMENT WITH A TURNKEY INFRASTRUCTURE.Good Works Acquisition Corp. • March 19th, 2021 • Blank checks • New York
This Term Sheet, dated as of February 3, 2021 (the “Term Sheet”), entered into by and among Cipher Mining Technologies Inc., a Delaware corporation (“Cipher”), which is an affiliate of Bitfury Holding B.V., whose registered office is located at Strawinskylaan 3051, 1077ZX Amsterdam, the Netherlands or its affiliates and assignees (“Bitfury” or “BF”), BitFury, and 500 N 4th Street LLC, a Delaware limited liability company (“Standard Power” and together with Cipher and BF being each a “Party” and collectively the “Parties”) shall provide the basic terms and conditions of a Hosting Agreement (the “Hosting Agreement”) to be entered into between Cipher and Standard Power for the hosting of bitcoin miners provided by Cipher at facilities owned or leased by Standard Power (each a “Facility” and collectively the “Facilities”). This Term Sheet is subject in all matters to the negotiation and entry of legally binding agreements (the “Binding Agreements”), which shall include the Hosting Agreemen
