October 6, 2015 Pepco Holdings, Inc. Washington, D.C. 20068 Attention: General Counsel Ladies and Gentlemen:Exelon Corp • October 7th, 2015 • Electric & other services combined
Reference is made to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 29, 2014, as amended and restated on July 18, 2014, among Pepco Holdings, Inc. (“PHI”), Exelon Corporation (“Exelon”) and Purple Acquisition Corp. Capitalized terms used and not otherwise defined in this letter (this “Letter Agreement”) shall have the same meanings ascribed to them in the Merger Agreement.
