POWER CONTRACT, dated as of February 1, 1968, between VERMONT YANKEE NUCLEAR
ATOMIC POWER CORPORATION ("Vermont Yankee"), a Vermont corporation, and (the "Purchaser").
It is agreed as follows:
1. Basic Understandings
Vermont Yankee has been organized to provide for the supply of power to its ten sponsoring utility companies
(including the Purchaser), which utilities are hereinafter called the "sponsors." In the spring of 1967, it commenced
the construction of a nuclear electric generating unit of the boiling water type, which is being designed to have a
maximum net capability of approximately 540 megawatts electric, at a site adjacent to the Connecticut River at
Vernon, Vermont (the unit being herein, together with the site and all related facilities to be owned by Vermont
Yankee, referred to as the "Unit"). Construction of the Unit is being carried out under contracts with General
Electric Company and Ebasco Services Incorporated. It is presently estimated that construction costs and
working capital will aggregate approximately $115,000,000, exclusive of fuel.
The Unit is to be operated to supply power to Vermont Yankee's sponsors, each of which is undertaking to
purchase a fixed percentage of the capacity and output of the Unit. The names of the sponsors and their
respective percentages ("entitlement percentages") of the capacity and output of the Unit are as follows:
Vermont Yankee and its other sponsors are entering into power contracts which are identical to this contract
except for necessary changes in the names of the parties.
2. Effective Date and Term
This contract shall become effective upon receipt by the Purchaser of notice that Vermont Yankee has entered
into power contracts, as contemplated by Section 1 above, with each of its other sponsors. The term of this
contract shall expire 30 years after the plant completion date.
The "plant completion date" shall be the earlier of (i) December 31, 1972, or (ii) the date on which the Unit is
placed in commercia