Common use of Calculate the Termination Payment Clause in Contracts

Calculate the Termination Payment. Buyer shall calculate the Termination Payment by aggregating all Settlement Amounts into a single liquidated amount by summing the calculated Settlement Amount with respect to a Designated System across all Designated Systems. Termination Payment = $262,518.18 The Termination Payment, if any, is due to Buyer as the Non-Defaulting Party within twenty (20) Business Days following notice by Buyer to Seller pursuant to Section 9.3. Unless Seller pays the Termination Payment in full during this twenty (20) Business Day period, Seller’s Performance Assurance held by Buyer shall be applied to the Termination Payment, with any excess amounts returned to Seller. For avoidance of doubt, the Non-Defaulting Party shall not owe any amount as Termination Payment to the Defaulting Party and payment of the Termination Payment shall only be from the Defaulting Party to the Non-Defaulting Party. Exhibit F-5-B Net Out of Settlement Amount Calculations Example (All Prices and Quantities are Illustrative only) The example provided below is for illustrative purposes only and has been simplified to facilitate the understanding of the Settlement Amount that Buyer shall calculate in the Event of Default with respect to Seller as the “Defaulting Party”, pursuant to Section 9.4. The example Settlement Amount calculated below reflects the Advance of Capital that has been received with respect to a Designated System, pursuant to Section 5.6. For purposes of this example, we assume the Settlement Amount was calculated on November 25, 2024.42 Designated System ID43 Energization Date44 Contract Nameplate Capacity (kW) Designated System Contract Maximum REC Quantity45 Contract Price ($/REC) REC Purchase Payment Amount 1115 7/15/2021 10 215 $85.10 $18,296.50 1116 9/10/2023 750 16,181 $43.42 $702,579.02 1117 1/15/2024 250 5,393 $46.85 $252,662.05 The table below gives information for each Designated System as of the date that the Settlement Amount was calculated. Designated System ID Collateral Requirement Advance of Capital Total Paid Number of RECs Paid Number of RECs Delivered Difference [RECs Paid – RECs Delivered] Settlement Amount 1115 $731.86 $0.00 $18,296.50 215 25 190 $16,900.86 1116 $30,445.09 $351,289.51 $497,660.14 11,461 500 10,961 $506,371.71 1117 $11,790.90 $0.00 $64,699.85 1,▇▇▇ ▇▇▇ ▇▇▇ $31,983.25 Termination Payment $555,255.82 With respect to a Designated System, Buyer shall calculate a Settlement Amount as the sum of: (A) Collateral Requirement of such Designated System; (B) Contract Price x (the Designated System Paid REC Quantity – number of RECs that has been Delivered from such Designated System46)47.

Calculate the Termination Payment. Buyer shall calculate the Termination Payment by aggregating all Settlement Amounts into a single liquidated amount by summing the calculated Settlement Amount with respect to a Designated System across all Designated Systems. Termination Payment = $262,518.18 64,120.06 The Termination Payment, if any, is due to Buyer as the Non-Defaulting Party within twenty (20) Business Days following notice by Buyer to Seller pursuant to Section 9.3. Unless Seller pays the Termination Payment in full during this twenty (20) Business Day period, Seller’s Performance Assurance held by Buyer shall be applied to the Termination Payment, with any excess amounts returned to Seller. For avoidance of doubt, the Non-Defaulting Party shall not owe any amount as Termination Payment to the Defaulting Party and payment of the Termination Payment shall only be from the Defaulting Party to the Non-Defaulting Party. Exhibit F-5-B Net Out of Settlement Amount Calculations Example (All Prices and Quantities are Illustrative only) The example provided below is for illustrative purposes only and has been simplified to facilitate the understanding of the Settlement Amount that Buyer shall calculate in the Event of Default with respect to Seller as the “Defaulting Party”, pursuant to Section 9.4. The example Settlement Amount calculated below reflects the Advance of Capital that has been received with respect to a Designated System, pursuant to Section 5.6. For purposes of this example, we assume the Settlement Amount was calculated on November 255, 2024.42 2024.31 Designated System ID43 ID32 Energization Date44 Date Contract Nameplate Capacity (kW) Designated System Contract Maximum REC Quantity45 Quantity33 Contract Price ($/REC) REC Purchase Payment Amount 1115 7/15/2021 10 215 284 $85.10 $18,296.50 1116 9/10/2023 750 16,181 21,313 $43.42 $702,579.02 1117 1/15/2024 250 5,393 7,104 $46.85 $252,662.05 The table below gives information for each Designated System as of the date that the Settlement Amount was calculated. Designated System ID Collateral Requirement Advance of Capital Total Paid Number of RECs Paid Number of RECs Delivered Difference [RECs Paid – RECs Delivered] Collateral Requirement Settlement Amount 1115 $731.86 0.00 $1,208.42 $1,208.42 1116 $462,705.23 $46,270.52 $508,975.75 1117 $0.00 $18,296.50 215 25 190 16,641.12 $16,900.86 1116 $30,445.09 $351,289.51 $497,660.14 11,461 500 10,961 $506,371.71 1117 $11,790.90 $0.00 $64,699.85 1,▇▇▇ ▇▇▇ ▇▇▇ $31,983.25 16,641.12 Termination Payment $555,255.82 526,825.29 With respect to a Designated System, Buyer shall calculate a Settlement Amount as the sum of: (A) Collateral Requirement of such Designated System; (B) Contract Price x (the Designated System Paid REC Quantity – number of RECs that has been Delivered from such Designated System46)47.

Calculate the Termination Payment. Buyer shall calculate the Termination Payment by aggregating all Settlement Amounts into a single liquidated amount by summing the calculated Settlement Amount with respect to a Designated System across all Designated Systems. Termination Payment = $262,518.18 The Termination Payment, if any, is due to Buyer as the Non-Defaulting Party within twenty (20) Business Days following notice by Buyer to Seller pursuant to Section 9.3. Unless Seller pays the Termination Payment in full during this twenty (20) Business Day period, Seller’s Performance Assurance held by Buyer shall be applied to the Termination Payment, with any excess amounts returned to Seller. For avoidance of doubt, the Non-Defaulting Party shall not owe any amount as Termination Payment to the Defaulting Party and payment of the Termination Payment shall only be from the Defaulting Party to the Non-Defaulting Party. Exhibit F-5-B Net Out of Settlement Amount Calculations Example (All Prices and Quantities are Illustrative only) The example provided below is for illustrative purposes only and has been simplified to facilitate the understanding of the Settlement Amount that Buyer shall calculate in the Event of Default with respect to Seller as the “Defaulting Party”, pursuant to Section 9.4. The example Settlement Amount calculated below reflects the Advance of Capital that has been received with respect to a Designated System, pursuant to Section 5.6. For purposes of this example, we assume the Settlement Amount was calculated on November 25, 2024.42 2024.45 Designated System ID43 ID46 Energization Date44 Date47 Contract Nameplate Capacity (kW) Designated System Contract Maximum REC Quantity45 Quantity48 Contract Price ($/REC) REC Purchase Payment Amount 1115 7/15/2021 10 215 $85.10 $18,296.50 1116 9/10/2023 750 16,181 $43.42 $702,579.02 1117 1/15/2024 250 5,393 $46.85 $252,662.05 The table below gives information for each Designated System as of the date that the Settlement Amount was calculated. Designated System ID Collateral Requirement Advance of Capital Total Paid Number of RECs Paid Number of RECs Delivered Difference [RECs Paid – RECs Delivered] Settlement Amount 1115 $731.86 $0.00 $18,296.50 215 25 190 $16,900.86 1116 $30,445.09 $351,289.51 $497,660.14 11,461 500 10,961 $506,371.71 1117 $11,790.90 $0.00 $64,699.85 1,▇▇▇ ▇▇▇ ▇▇▇ $31,983.25 Termination Payment $555,255.82 With respect to a Designated System, Buyer shall calculate a Settlement Amount as the sum of: (A) Collateral Requirement of such Designated System; (B) Contract Price x (the Designated System Paid REC Quantity – number of RECs that has been Delivered from such Designated System46)47.

Calculate the Termination Payment. Buyer shall calculate the Termination Payment by aggregating all Settlement Amounts into a single liquidated amount by summing the calculated Settlement Amount with respect to a Designated System across all Designated Systems. Termination Payment = $262,518.18 64,120.06 The Termination Payment, if any, is due to Buyer as the Non-Defaulting Party within twenty (20) Business Days following notice by Buyer to Seller pursuant to Section 9.3. Unless Seller pays the Termination Payment in full during this twenty (20) Business Day period, Seller’s Performance Assurance held by Buyer shall be applied to the Termination Payment, with any excess amounts returned to Seller. For avoidance of doubt, the Non-Defaulting Party shall not owe any amount as Termination Payment to the Defaulting Party and payment of the Termination Payment shall only be from the Defaulting Party to the Non-Defaulting Party. Exhibit F-5-B Net Out of Settlement Amount Calculations Example (All Prices and Quantities are Illustrative only) The example provided below is for illustrative purposes only and has been simplified to facilitate the understanding of the Settlement Amount that Buyer shall calculate in the Event of Default with respect to Seller as the “Defaulting Party”, pursuant to Section 9.4. The example Settlement Amount calculated below reflects the Advance of Capital that has been received with respect to a Designated System, pursuant to Section 5.6. For purposes of this example, we assume the Settlement Amount was calculated on November 255, 2024.42 2024.36 Designated System ID43 ID37 Energization Date44 Date Contract Nameplate Capacity (kW) Designated System Contract Maximum REC Quantity45 Quantity38 Contract Price ($/REC) REC Purchase Payment Amount 1115 7/15/2021 10 215 284 $85.10 $18,296.50 1116 9/10/2023 750 16,181 21,313 $43.42 $702,579.02 1117 1/15/2024 250 5,393 7,104 $46.85 $252,662.05 The table below gives information for each Designated System as of the date that the Settlement Amount was calculated. Designated System ID Collateral Requirement Advance of Capital Total Paid Number of RECs Paid Number of RECs Delivered Difference [RECs Paid – RECs Delivered] Collateral Requirement Settlement Amount 1115 $731.86 0.00 $1,208.42 $1,208.42 1116 $462,705.23 $46,270.52 $508,975.75 1117 $0.00 $18,296.50 215 25 190 16,641.12 $16,900.86 1116 $30,445.09 $351,289.51 $497,660.14 11,461 500 10,961 $506,371.71 1117 $11,790.90 $0.00 $64,699.85 1,▇▇▇ ▇▇▇ ▇▇▇ $31,983.25 16,641.12 Termination Payment $555,255.82 526,825.29 With respect to a Designated System, Buyer shall calculate a Settlement Amount as the sum of: (A) Collateral Requirement of such Designated System; (B) Contract Price x (the Designated System Paid REC Quantity – number of RECs that has been Delivered from such Designated System46)47.