1996 AMENDATORY AGREEMENT
This Agreement, dated as of the 4th day of December, 1996, is entered into
by and between Connecticut Yankee Atomic Power Company ("Connecticut Yankee" or
"Seller") and The Connecticut Light and Power Company ("Purchaser").
For good and valuable consideration, the receipt of which is hereby
acknowledged, it is agreed as follows:
1. Basic Understandings
Connecticut Yankee was organized in 1962 to provide for the supply of
power to its sponsoring utility companies, including the Purchaser
(collectively the "Purchasers"). It constructed a nuclear electric generating
unit, having a net capability of approximately 582 megawatts electric (the
"Unit") at a site in Haddam Neck, Connecticut. Connecticut Yankee was issued
a full-term, Facility Operating License for the Unit by the Nuclear Regulatory
Commission (which, together with any successor agencies, is hereafter called
the "NRC"), which license is now stated to expire on June 29, 2007. The Unit
has been in commercial operation since January 1, 1968.
The Unit was conceived to supply economic power on a cost of service
formula basis to the Purchasers. Connecticut Yankee and the Purchaser are
arties to a Power Contract dated as of July 1, 1964 ("Initial Power Contract").
Pursuant to the Initial Power Contract and other similar contracts
(collectively, the "Initial Power Contracts") between Connecticut Yankee and
the other Purchasers, Connecticut Yankee contracted to supply to the Purchasers
all of the capacity and electric energy available from the Unit for a term of
thirty (30) years following January 1, 1968.
Connecticut Yankee an the Purchaser are also parties to an
Additional Power Contract, dated as of April 30, 1984 ("Additional Power
Contract"). The Additional Power Contract and other similar contracts
(collectively, the "Additional Power Contracts") between Connecticut Yankee
and the other Purchasers, Connecticut Yankee contracted to supply to the