Governing Documents Revision Sample Contracts

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Governing Documents Revision • January 22nd, 2016

Proposed Clean-Up, Clarification and Corrections to Governing Documents FIRST READ PROPOSED REVISIONSDated: January 22 2016For Discussion at MRC January 28, 2016 Agreement, Attachment, Section, Title Current Language Proposed Revisions Rationale 1. Tariff, Attachment K- Appendix, §§ 1.3.5.01 and 1.3.2A.03(Definitions)Operating Agreement, Schedule 1, §§1.3.5.01 and 1.3.2A.03 (Definitions) N/A 1.3.5.01 “FTR Holder” (1.3.5.01) “FTR Holder” shall mean the PJM Member that has acquired and possesses an FTR. 1.3.2A.03 “Effective FTR Holder”1.3.2A.03) “Effective FTR Holder” shall mean: The term FTR holder or holder of FTR is used throughout the Tariff and OA. However, the term is not defined. Thus we are adding a definition and will use the defined term in all places where “FTR holder”, “holder of FTRs” or holder of Financial Transmission Rights” currently exists, except as described below regarding use of the new defined term Effective FTR Holder. (i) For an FTR Holder that is either

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