Common use of THE RESERVE Clause in Contracts

THE RESERVE. Climate Action Reserve, a California nonprofit public benefit corporation By: Name: ▇▇▇▇ ▇▇▇▇ Title: President [insert name of entity, type of entity] By: Name: [insert name of signator] Title: [insert title of signator] FORM OF GREENHOUSE GAS REDUCTION RIGHTS CONTRACT6 THIS GREENHOUSE GAS REDUCTION RIGHTS CONTRACT (“Contract”) is made as of the [ ] day of [ ], 20 , by and between [ ], [a ] (“Grassland Owner” [and/or “Qualified Easement Holder”] or “Grantor”) and [ ], a [ ] (“Project Owner” or “Grantee”). Capitalized terms used and not otherwise defined shall have the meanings ascribed to them in that certain Project Implementation Agreement referenced below. The Grassland Owner and Project Owner shall hereinafter be referred to each as a “Party” and collectively as the “Parties”.

THE RESERVE. Climate Action Reserve, a California nonprofit public benefit corporation By: Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: President [insert name of entity, type of entity] By: Name: [insert name of signator] Title: [insert title of signator] FORM OF GREENHOUSE GAS REDUCTION RIGHTS CONTRACT6 CONTRACT5 THIS GREENHOUSE GAS REDUCTION RIGHTS CONTRACT (“Contract”) is made as of the [ ] day of [ ], 20 , by and between [ ], [a ] (“Grassland Owner” [and/or “Qualified Easement Holder”] or “Grantor”) and [ ], a [ ] (“Project Owner” or “Grantee”). Capitalized terms used and not otherwise defined shall have the meanings ascribed to them in that certain Project Implementation Agreement referenced below. The Grassland Owner and Project Owner shall hereinafter be referred to each as a “Party” and collectively as the “Parties”.