Common use of Renewable Energy Certificates Clause in Contracts

Renewable Energy Certificates. Under the PPA, Company will obtain all Renewable Energy Certificates (“RECs”) attributable to the Renewable Energy. Company will transfer to UK all RECs attributable to the Allocated Renewable Energy (“Allocated RECs”) without additional charges. All Allocated RECs will be registered with (i) the Generation Attribute Tracking System (“GATS”) administered by PJM Environmental Information Services (“PJM EIS”), (ii) the MISO’s Midwest Renewable Energy Tracking System (“MRETS”), or (iii) another proven renewable asset tracking system associated with the major regional Independent System Operators (ISO). UK and Company shall cooperate to obtain any and all required approvals and consents that may be required to effectuate deposits and retirements concerning the Allocated RECs under the applicable governing rules. Except as provided below in this Section 2.5, the transfer of RECs will be without cost to UK. In the event the tracking system begins to charge Company out-of-pocket fees to effectuate transfers of RECs, Company will promptly submit to UK a written notice setting forth (i) how such fees are determined; (ii) the manner in which such fees increase Company’s costs; and (iii) Company’s proposed terms for allocating the costs of such fees between Company and UK. UK may, within thirty (30) days of such notice from Company, submit to Company a written notice accepting or rejecting the terms for allocation of such fees proposed in Company’s notice. In the event UK rejects the terms for allocation of such fees proposed in Company’s notice, the parties shall negotiate with each other an additional thirty (30) days regarding an allocation of such fees. If no agreement can be reached in that second thirty

Renewable Energy Certificates. Under the PPA, Company will obtain all Renewable Energy Certificates (“RECs”) attributable to the Renewable Energy. Renew ▇▇▇▇▇ Energy Tracking System cking system associated with the Chemours and Company will transfer shall to UK Chemours all RECs attributable to the Allocated Renewable Energy (“Allocated RECs”) Ren without additional charges. All Allocated RECs will be registered with (i) the Generation b Attribute Tracking System (“GATS”) administered by PJM Environmental Information b Services (“PJM EIS”), (ii) the MISO’s Midwest Renewable Energy Tracking System R (“MRETS”), or (iii) another proven renewable asset tracking system associated with the major regional Independent System Operators (ISO). UK and Company shall ISO cooperate to obtain any and all required approvals and consents that may be required to effectuate deposits and retirements concerning the Allocated RECs under the applicable governing rules. Except as provided below in this Section 2.5, the transfer of RECs will be without cost to UKChemours. In the event the tracking system begins to charge Company out-out- of-pocket fees to effectuate transfers of RECs, Company will promptly submit to UK Chemours a written notice setting forth (i) how such fees are determined; (ii) the manner in which such fees increase Company’s costs; and (iii) Company’s proposed terms for allocating the costs of such fees between Company and UKChemours. UK Chemours may, within thirty (30) days of such notice from Company, submit to Company a written notice accepting or rejecting the terms for allocation of such fees proposed in Company’s notice. In the event UK Chemours rejects the terms for allocation of such fees proposed in Company’s notice, the parties shall negotiate with each other an additional Company may terminate this Agreement by thirty (30) days regarding an days’ written notice to Chemours, without liability to Chemours. If Chemours rejects the terms for allocation of such feesfees proposed in Company’s notice stating such proposed allocation, and Company does not terminate, the transfers of RECs will continue to be without cost to Chemours. If no agreement can be reached Chemours accepts or does not reject the allocation proposed by Company as described above in that second thirtythis Section 2.5, Chemours agrees to such allocation.

Renewable Energy Certificates. Under the PPA, Company will obtain all Renewable Energy Certificates (“RECs”) attributable to the Renewable Energy. Company will transfer to UK Dow all RECs attributable to the Allocated Renewable Energy (“Allocated RECs”) without additional charges. All Allocated RECs will be registered with (i) the Generation Attribute Tracking System (“GATS”) administered by PJM Environmental Information Services (“PJM EIS”), (ii) the MISO’s Midwest Renewable Energy Tracking System (“MRETS”), or (iii) another proven renewable asset tracking system associated with the major regional Independent System Operators (ISO). UK Dow and Company shall cooperate to obtain any and all required approvals and consents that may be required to effectuate deposits and retirements concerning the Allocated RECs under the applicable governing rules. Except as provided below in this Section 2.5, the transfer of RECs will be without cost to UKDow. In the event the tracking system begins to charge Company out-of-pocket fees to effectuate transfers of RECs, Company will promptly submit to UK Dow a written notice setting forth (i) how such fees are determined; (ii) the manner in which such fees increase Company’s costs; and (iii) Company’s proposed terms for allocating the costs of such fees between Company and UKDow. UK Dow may, within thirty (30) days of such notice from Company, submit to Company a written notice accepting or rejecting the terms for allocation of such fees proposed in Company’s notice. In the event UK Dow rejects the terms for allocation of such fees proposed in Company’s notice, the parties shall negotiate with each other an additional thirty (30) days regarding an allocation Company may terminat pany as described above in this written notice to Customer, without liability to Dow. If of such fees. If no agreement can be reached fees proposed in that second thirtyCompany’s notice stating such does not terminate, the transfers of RECs will continue accepts or does not reject the allocation proposed by Section 2.5, Dow agrees to such allocation.

Renewable Energy Certificates. Under the PPA, Company will obtain all Renewable Energy Certificates (“RECs”) attributable to the Renewable Energy. Company will transfer to UK Dow all RECs attributable to the Allocated Renewable Energy (“Allocated RECs”) without additional charges. All Allocated RECs will be registered with (i) the Generation Attribute Tracking System (“GATS”) administered by PJM Environmental Information Services (“PJM EIS”), (ii) the MISO’s Midwest Renewable Energy Tracking System (“MRETS”), or (iii) another proven renewable asset tracking system associated with the major regional Independent System Operators (ISO). UK Dow and Company shall cooperate to obtain any and all required approvals and consents that may be required to effectuate deposits and retirements concerning the Allocated RECs under the applicable governing rules. Except as provided below in this Section 2.5, the transfer of RECs will be without cost to UKDow. In the event the tracking system begins to charge Company out-of-pocket fees to effectuate transfers of RECs, Company will promptly submit to UK Dow a written notice setting forth (i) how such fees are determined; (ii) the manner in which such fees increase Company’s costs; and (iii) Company’s proposed terms for allocating the costs of such fees between Company and UKDow. UK Dow may, within thirty (30) days of such notice from Company, submit to Company a written notice accepting or rejecting the terms for allocation of such fees proposed in Company’s notice. In the event UK Dow rejects the terms for allocation of such fees proposed in Company’s notice, the parties shall negotiate with each other an additional Company may terminate this Agreement by thirty (30) days regarding an days’ written notice to Customer, without liability to Dow. If Dow rejects the terms for allocation of such feesfees proposed in Company’s notice stating such proposed allocation, and Company does not terminate, the transfers of RECs will continue to be without cost to Dow. If no agreement can be reached Dow accepts or does not reject the allocation proposed by Company as described above in that second thirtythis Section 2.5, Dow agrees to such allocation.