Common use of Electrical Distribution System Clause in Contracts

Electrical Distribution System. 336 Tenants Corp. upgraded the electrical distribution system in the winter of 2018 and spring of 2019. To pay for that investment, I understand that if I am tapping into the new meters and drawing power up to my/our apartment from the new system in the basement there is a one-time fee due to 336 Tenants Corp. I have completed and signed the, “Use of Electrical Distribution System” form and will provide payment as follows: - If I am one of the first ten (10) shareholders to use the new electrical distribution, I will provide a non-refundable, one-time fee of $25,000 due in conjunction with this application. - If ten (10) shareholders prior to my application have paid the above cited fee, I will provide a non-refundable, one-time fee comprised of (a) $25,000 plus (b) $1,000 per floor through which the electrical lines need to be pulled (e.g. if a shareholder brings power from the basement meters to their apartment on the 6th floor, the total fee will be $25,000 + $6,000 [6 floors x $1,000/floor] = $31,000). I agree to indemnify and hold you, the Board, the shareholders or unit owners, the tenants and occupants of the Building, the Agent and your architects, engineers, and attorney harmless from and against any and all losses, liabilities, costs and expenses (including without limitation, reasonable attorneys’ fees and disbursements) suffered by reason of any failure by me or my contractors to comply with the Act. By: Signature (Shareholder/Owner (1)) Printed Name (Shareholder/Owner (1)) Date By: (Shareholder/Owner (2)) Printed Name (Shareholder/Owner (2)) Date APPROVED: Orsid Realty Corp., As Agent Printed Name - Orsid Realty Corp., As Agent Date I hereby acknowledge and agree to the following: My/our proposed alteration will NOT require pulling up power from the basement electrical distribution system / new meters. My/our proposed alteration will require pulling up power from the basement electrical distribution system / new meters. The Managing Agent has informed me I am/we are: ꙱ One of the first ten (10) shareholders to tap into the new meters and use the new electrical distribution system. I hereby enclose a non-refundable, one-time fee of $25,000 due in conjunction with this application. ꙱ Not one of the first ten (10) shareholders to tap into the new meters use the new electrical distribution system. I/we live on the floor (“Floor”) and intend to bring power up to our unit (if duplex, please cite the higher floor). I hereby enclose a non-refundable, one-time fee comprised of the sum of (a) $25,000 plus (b) $1,000 per Floor through which the electrical lines need to be pulled (e.g. if a shareholder brings power from the basement meters to their apartment on the 6th floor, the total fee will be $25,000 + $6,000 [6 floors x $1,000/floor] = $31,000). By: Signature (Shareholder/Owner (1)) Printed Name (Shareholder/Owner (1)) Date By: (Shareholder/Owner (2)) Printed Name (Shareholder/Owner (2)) Date APPROVED: Orsid Realty Corp., As Agent Printed Name - Orsid Realty Corp., As Agent Date I hereby acknowledge and agree to the following: My/our apartment(s) do not contain any PTAC units. My/our apartment(s) do contain PTAC units, but I am only pursuing a Type I alteration. My/our apartment(s) do contain PTAC units, and I am pursuing a Type II or Type III alteration, but my proposed project will NOT impact any room that contains a PTAC unit. My/our apartment(s) do contain PTAC units, I am pursuing a Type II or Type III alteration, and my proposed project will impact room(s) that contain PTAC unit(s). The Managing Agent has informed me/us: ꙱ if any room with PTAC unit(s) is impacted by the proposed Type II or Type III alteration, such PTAC unit(s) must be replaced as part of the renovation. All expenses associated with removing PTAC unit(s) and replacing them with an air conditioning unit and steam radiator will be the responsibility of the shareholder(s). By: Signature (Shareholder/Owner (1)) Printed Name (Shareholder/Owner (1)) Date By: (Shareholder/Owner (2)) Printed Name (Shareholder/Owner (2)) Date APPROVED: Orsid Realty Corp., As Agent Printed Name - Orsid Realty Corp., As Agent Date If the work involves the demolition, removal, or alteration of any walls, ceilings, floors, doors frames, electrical, plumbing, heating, ventilation or air conditioning systems, I hereby agree to do the following at my sole cost and expense: 1. The Shareholder agrees to do the following prior to the commencement of work: A. At the Shareholder’s expense, retain a licensed asbestos investigator to either: a. Review the Building’s construction and renovation records as well as any prior inspection reports to determine the existence and possible disturbance of any asbestos containing material (“ACM”); or b. Inspect the area to be renovated to determine the existence and possible disturbance of any ACM. This includes any removed composition tiles and/or wood or vinyl flooring mastics. B. If the results of the review or investigation reveal the presence of ACM in a friable condition, but said friable ACM is less than ten (10) square feet or twenty-five (25) linear feet, the Shareholder will present the Agent with proof of the investigator’s filing of FORM ACP5 (not an “Asbestos Project” form). If the results of the review or investigation determine that more than ten (10) square feet or twenty-five (25) linear feet of ACM is in friable condition, the Shareholder will present the Corporation with the proof of the investigator’s filing of FORM ACP7 (“Asbestos Inspection Report” form). C. If, in the Corporation’s sole judgment, based upon the results of the review or investigation, no abatement work is required, the Shareholder will be entitled to commence the alteration work, subject to the requirements of this Alteration Agreement. D. If, in the Corporation’s sole judgment, the review of investigation reveals that abatement work is required, the Shareholder will proceed as follows: a. Prior to the commencement of any ACM abatement work, the Shareholder will submit to the Agent the name(s) and qualifications (including any license, liability insurance policies and resume) of any asbestos consultant(s) and contractor(s) the Shareholder intends to use for asbestos abatement work, along with the name and qualifications (including licenses and insurance policies) of the contractor’s hauler (s) and the licenses of all asbestos supervisors and handlers who are to perform the ACM abatement work. b. Upon receipt of the Corporation’s or Agent’s approval of the consultant(s) and contractor(s), the Shareholder will retain such consultant(s) and contractor(s) to encapsulate, enclose, treat or otherwise ▇▇▇▇▇, as appropriate, all friable ACM. Said abatement, as well as the removal, hauling and disposal of the ACM shall be performed in conformance with all federal, state, and local laws and regulations. c. In connection with such ACM abatement work, the Shareholder will furnish the Agent or Corporation with copies of all reports and tests that re required by applicable laws and regulations, and with a copy of the final report which is to be provided by the Shareholder’s ACM consultant. d. In connection with asbestos removal and disposal, the Shareholder will cause the ACM hauler to furnish the Agent or Corporation with lists of all dump locations to be used, and a certification that the dump sites are EPA approved, and thereafter furnish to the Corporation all dump tickets and disposal manifests. 2. The Shareholder and the consultant(s) and the contractor(s) retained by the Shareholder shall strictly comply in a timely fashion with all federal, state and local laws, rules and regulations pertaining to asbestos control, as the same have been or may be promulgated, supplemented or amended from time to time prior to and during the work. In addition, the Shareholder agrees to indemnify the Corporation and hold the Corporation harmless from and against any and all damages, losses, claims, penalties, costs, expenses (including without limitation attorneys’ fees and disbursements), liabilities or fines arising out or in connection with any failure by the Shareholder or any consultant or contractor performing any work or services on the premises to fully conform to all of the foregoing or in the defense of any suit, action, claim or violation in connection with the ACM abatement work. 3. The Shareholder’s contractor(s) shall obtain, in addition to the insurance required under Section 6 of the Alteration Agreement, hazardous material transportation liability insurance with limits not less than $1,000,000 for bodily injury and property damage. The Shareholder’s contractor(s) shall obtain such a policy or arrange for the Corporation to be named as an additional insured on the policy of the contractor’s waste transporter. Such policy shall specifically cover all claims and groups of people who might bring claims relating to asbestos. I understand that it is the responsibility of the Shareholder(s) to require and ensure that the work shall comply with all applicable legal requirements, including but not limited to with regard to discovery and abatement of areas containing lead-based paint and asbestos-containing materials. The Shareholder(s) hereby assumes, and releases and agrees to defend, hold harmless and indemnify the Corporation and its Board of Directors and Managing Agent, with regard to all obligations under all applicable legal requirements regarding the Work, including but not limited to with the regard to the discovery and abatement of areas containing lead paint and asbestos containing materials.

Electrical Distribution System. 336 Tenants Corp. upgraded the electrical distribution system in the winter of 2018 and spring of 2019. To pay for that investment, I understand that if I am tapping into the new meters and drawing power up to my/our apartment from the new system in the basement there is a one-time fee due to 336 Tenants Corp. I have completed and signed the, “Use of Electrical Distribution System” form and will provide payment as follows: - If I am one of the first ten (10) shareholders to use the new electrical distribution, I will provide a non-refundable, one-time fee of $25,000 due in conjunction with this application. - If ten (10) shareholders prior to my application have paid the above cited fee, I will provide a non-refundable, one-time fee comprised of (a) $25,000 plus (b) $1,000 per floor through which the electrical lines need to be pulled (e.g. if a shareholder brings power from the basement meters to their apartment on the 6th floor, the total fee will be $25,000 + $6,000 [6 floors x $1,000/floor] = $31,000). I agree to indemnify and hold you, the Board, the shareholders or unit owners, the tenants and occupants of the Building, the Agent and your architects, engineers, and attorney harmless from and against any and all losses, liabilities, costs and expenses (including without limitation, reasonable attorneys’ fees and disbursements) suffered by reason of any failure by me or my contractors to comply with the Act. By: Signature (Shareholder/Owner (1)) Printed Name (Shareholder/Owner (1)) Date By: (Shareholder/Owner (2)) Printed Name (Shareholder/Owner (2)) Date APPROVED: Orsid Realty Corp., As Agent Printed Name - Orsid Realty Corp., As Agent Date I hereby acknowledge and agree to the following: My/our proposed alteration will NOT require pulling up power from the basement electrical distribution system / new meters. My/our proposed alteration will require pulling up power from the basement electrical distribution system / new meters. The Managing Agent has informed me I am/we are: ꙱ One of the first ten (10) shareholders to tap into the new meters and use the new electrical distribution system. I hereby enclose a non-refundable, one-time fee of $25,000 due in conjunction with this application. ꙱ Not one of the first ten (10) shareholders to tap into the new meters use the new electrical distribution system. I/we live on the floor (“Floor”) and intend to bring power up to our unit (if duplex, please cite the higher floor). I hereby enclose a non-refundable, one-time fee comprised of the sum of (a) $25,000 plus (b) $1,000 per Floor through which the electrical lines need to be pulled (e.g. if a shareholder brings power from the basement meters to their apartment on the 6th floor, the total fee will be $25,000 + $6,000 [6 floors x $1,000/floor] = $31,000). By: Signature (Shareholder/Owner (1)) Printed Name (Shareholder/Owner (1)) Date By: (Shareholder/Owner (2)) Printed Name (Shareholder/Owner (2)) Date APPROVED: Orsid Realty Corp., As Agent Printed Name - Orsid Realty Corp., As Agent Date I hereby acknowledge and agree to the following: My/our apartment(s) do not contain any PTAC units. My/our apartment(s) do contain PTAC units, but I am only pursuing a Type I alteration. My/our apartment(s) do contain PTAC units, and I am pursuing a Type II or Type III alteration, but my proposed project will NOT impact any room that contains a PTAC unit. My/our apartment(s) do contain PTAC units, I am pursuing a Type II or Type III alteration, and my proposed project will impact room(s) that contain PTAC unit(s). The Managing Agent has informed me/us: ꙱ if any room with PTAC unit(s) is impacted by the proposed Type II or Type III alteration, such PTAC unit(s) must be replaced as part of the renovation. All expenses associated with removing PTAC unit(s) and replacing them with an air conditioning unit and steam radiator will be the responsibility of the shareholder(s). By: Signature (Shareholder/Owner (1)) Printed Name (Shareholder/Owner (1)) Date By: (Shareholder/Owner (2)) Printed Name (Shareholder/Owner (2)) Date APPROVED: Orsid Realty Corp., As Agent Printed Name - Orsid Realty Corp., As Agent Date If the work involves the demolition, removal, or alteration of any walls, ceilings, floors, doors frames, electrical, plumbing, heating, ventilation or air conditioning systems, I hereby agree to do the following at my sole cost and expense: 1. The Shareholder agrees to do the following prior to the commencement of work: A. At the Shareholder’s expense, retain a licensed asbestos investigator to either: a. Review the Building’s construction and renovation records as well as any prior inspection reports to determine the existence and possible disturbance of any asbestos containing material (“ACM”); or b. Inspect the area to be renovated to determine the existence and possible disturbance of any ACM. This includes any removed composition tiles and/or wood or vinyl flooring mastics. B. If the results of the review or investigation reveal the presence of ACM in a friable condition, but said friable ACM is less than ten (10) square feet or twenty-five (25) linear feet, the Shareholder will present the Agent with proof of the investigator’s filing of FORM ACP5 (not an “Asbestos Project” form). If the results of the review or investigation determine that more than ten (10) square feet or twenty-five (25) linear feet of ACM is in friable condition, the Shareholder will present the Corporation with the proof of the investigator’s filing of FORM ACP7 (“Asbestos Inspection Report” form). C. If, in the Corporation’s sole judgment, based upon the results of the review or investigation, no abatement work is required, the Shareholder will be entitled to commence the alteration work, subject to the requirements of this Alteration Agreement. D. If▇. ▇▇, in the Corporation’s sole judgment, the review of investigation reveals that abatement work is required, the Shareholder will proceed as follows: a. Prior to the commencement of any ACM abatement work, the Shareholder will submit to the Agent the name(s) and qualifications (including any license, liability insurance policies and resume) of any asbestos consultant(s) and contractor(s) the Shareholder intends to use for asbestos abatement work, along with the name and qualifications (including licenses and insurance policies) of the contractor’s hauler (s) and the licenses of all asbestos supervisors and handlers who are to perform the ACM abatement work. b. Upon receipt of the Corporation’s or Agent’s approval of the consultant(s) and contractor(s), the Shareholder will retain such consultant(s) and contractor(s) to encapsulate, enclose, treat or otherwise ▇▇▇▇▇, as appropriate, all friable ACM. Said abatement, as well as the removal, hauling and disposal of the ACM shall be performed in conformance with all federal, state, and local laws and regulations. c. In connection with such ACM abatement work, the Shareholder will furnish the Agent or Corporation with copies of all reports and tests that re required by applicable laws and regulations, and with a copy of the final report which is to be provided by the Shareholder’s ACM consultant. d. In connection with asbestos removal and disposal, the Shareholder will cause the ACM hauler to furnish the Agent or Corporation with lists of all dump locations to be used, and a certification that the dump sites are EPA approved, and thereafter furnish to the Corporation all dump tickets and disposal manifests. 2. The Shareholder and the consultant(s) and the contractor(s) retained by the Shareholder shall strictly comply in a timely fashion with all federal, state and local laws, rules and regulations pertaining to asbestos control, as the same have been or may be promulgated, supplemented or amended from time to time prior to and during the work. In addition, the Shareholder agrees to indemnify the Corporation and hold the Corporation harmless from and against any and all damages, losses, claims, penalties, costs, expenses (including without limitation attorneys’ fees and disbursements), liabilities or fines arising out or in connection with any failure by the Shareholder or any consultant or contractor performing any work or services on the premises to fully conform to all of the foregoing or in the defense of any suit, action, claim or violation in connection with the ACM abatement work. 3. The Shareholder’s contractor(s) shall obtain, in addition to the insurance required under Section 6 of the Alteration Agreement, hazardous material transportation liability insurance with limits not less than $1,000,000 for bodily injury and property damage. The Shareholder’s contractor(s) shall obtain such a policy or arrange for the Corporation to be named as an additional insured on the policy of the contractor’s waste transporter. Such policy shall specifically cover all claims and groups of people who might bring claims relating to asbestos. I understand that it is the responsibility of the Shareholder(s) to require and ensure that the work shall comply with all applicable legal requirements, including but not limited to with regard to discovery and abatement of areas containing lead-based paint and asbestos-containing materials. The Shareholder(s) hereby assumes, and releases and agrees to defend, hold harmless and indemnify the Corporation and its Board of Directors and Managing Agent, with regard to all obligations under all applicable legal requirements regarding the Work, including but not limited to with the regard to the discovery and abatement of areas containing lead paint and asbestos containing materials.