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HomeMy WebLinkAbout10 108 BEC Utility Assests Transfer Agreement By-law THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE E � ��mlltt OF K1 BY -LAW NO. 2010 — 108 BEING A BY -LAW TO ENTER INTO A SEWAGE TREATMENT PLANT AND WATER TOWER ASSETS AND RELATED EASEMENTS TRANSFER AGREEMENT WITH BRUCE POWER L.P. AND ITS AFFILIATES WHEREAS pursuant to Sections 8 (1) and 9 of the Municipal Act 2001, S.O. 2001, c. 25, as amended, the powers of a municipality under this or any other Act shall be interpreted broadly so as to confer broad authority on the municipality to enable the municipality to govern its affairs as it considers appropriate and to enhance the municipality's ability to • respond to municipal issues and a municipality has the capacity, rights, powers and privileges of a natural person for the purpose of exercising its authority under this or any other Act; AND WHEREAS Section 11 (1) of the said Municipal Act gives broad authority to lower - tier municipalities to provide any service or thing that the municipality considers necessary or desirable for the public; AND WHEREAS the Council of The Corporation of the Municipality of Kincardine considers it to be in the interest of the Municipality to acquire assets related to the provision of services at the Bruce Energy Centre; NOW THEREFORE the Council of The Corporation of the Municipality of Kincardine ENACTS as follows: 1. That the Sewage Treatment Plant and Water Tower Assets and Related Easements Transfer Agreement with Bruce Power L.P. and its affiliates, attached hereto as Schedule `A' and forming part of the by -law, is hereby approved. 2. That the Mayor and Chief Administrative Officer are hereby authorized and • directed to execute the said agreement and all supplemental agreements and documents to complete the transaction, on behalf of the Municipality of Kincardine by affixing their signatures and the corporate seal. 3. This by -law shall come into full force and effect upon its final passage. 4. This by -law may be cited as the "BEC Utility Assets Transfer Agreement By -law ". READ a FIRST and SECOND TIME this 1 1 th day of August, 2010. r VA f tit !' 4. WI 1J Mayor Cler I READ a THIRD TIME and FINALLY PASSED this 11 day of August, 2010. 4 110 ayor �.Qpec:tcjClerk 1 • BEC Utility Assets Transfer Agreement By -law By -Law No. 2010 - 108 CONTRACT DOCUMENT: Agreement for Water and Sewage between Bruce Power L.P. and Bi -Ax International Inc., Greenfield Ethanol Inc. and Steelback Brewery Inc. referred to on Page 36 filed under separate cover CO1 in central files not with original By -law No. 2010 -108. Original of Bruce Energy Centre Water Tower and Supply Pumps Joint Operating Service Level Agreement (SLA) and Post Closing Agreement filed under separate cover C01 in central files...copy only with By -law No. 2010 -108. LIST OF ASSUMED CONTRACTS between: Bruce Power L.P. And 1. Bi -Ax International Inc. (the "Customer") 2. Greefield Ethanol Inc. (all 3 Filed Under Separate Cover) 3. Steelback Brewery Inc. (Central Records C01 4. PU Training Inc. - Schedule 5.8 of Original Agreement filed with By -law No. 2010 — 108. Also: 1. Original of Bruce Energy Centre Water Tower and Supply Pumps Joint Operating Service Level Agreement (SLA) 2. and Post Closing Agreement Project/Agreement: Sewage Treatment Plant and Water Tower Assets and Related Easements Transfer Agreement (Bruce Power - Kincardine) FIRST DRAFT DATED AUGUST 11, 2010 FOR FILE ONLY -DO NOT USE — SIGNED ORIGINAL IS WITH BY -LAW 2010 -108 DATED MARCH 21, 2012 Filed under separate cover in Administration File — C01 in Central Records: Titled: Municipality of Kincardine By -Law No. 2010 - 108 Being A By -law To Enter Into A Sewage Treatment Plant And Water Tower Assets And Related Easements Transfer Agreement With Bruce Power L.P. And Its Affiliates Cited as: "BEC Utility Assets Transfer Agreement By -law" Dated: 11 th day of August, 2010. SEWAGE TREATMENT PLANT AND WATER TOWER ASSETS AND RELATED EASEMENTS TRANSFER AGREEMENT (BRUCE POWER - KINCARDINE) BRUCE POWER L.P. - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE - - - March -2 -1, 2012 - - - - - T952056 \TOR LAW\ 7260448\33 TABLE OF CONTENTS ARTICLE 1 DEFINITIONS AND INTERPRETATION 2 1.1 Definitions 2 1.2 Schedules 10 1.3 Headings and Table of Contents 10 1.4 Gender and Number 10 1.5 Currency 10 1.6 Statutes 10 1.7 Invalidity of Provisions 10 1.8 Entire Agreement 11 1.9 Waiver, Amendment 11 1.10 Governing Law 11 1.11 Preparation of Agreement 11 1.12 Direct Transfer of the Transferred Assets from OPG or Subsidiary or Third Party 11 ARTICLE 2 THE DIVESTITURE 12 2.1 Background 12 2.2 Operations During Interim Period 13 2.3 Assumed Contracts 13 2.4 Water Supply and Sewage Treatment Allocation Agreement 14 2.5 Approvals 14 2.6 Easements 14 2.7 Partial Surrender of Lease 16 2.8 HONI Consents 16 2.9 Operating Agreements 16 2.10 Sewage Treatment Agreements 16 2.11 Air Monitoring Station Licence 16 2.12 Costs and Expenses 17 2.13 Sludge 17 2.14 RSC 17 ARTICLE 3 DUE DILIGENCE 17 3..1 -- Due- Dili -gene - Investigations - ----- - - - - -- - - -- 17 3.2 Information from Governmental Authorities 18 3.3 Due Diligence Condition 18 3.4 Due Diligence Condition - Phase II ESA 19 ARTICLE 4 AS -IS - WHERE -IS 20 4.1 "As -is" - "Where -is" 20 4.2 Waiver 20 4.3 Release 21 4.4 Indemnity 21 4.5 Benefit of the Waiver, Release and Indemnity 22 4.6 Bruce Power Contribution 22 ARTICLE 5 THE TRANSACTION, CLOSING, CONDITIONS OF CLOSING 22 5.1 The Transaction 22 5.2 Adjustments to the Transfer Fee 22 5.3 Closing 22 5.4 Expiration Date 23 -i T951056\TOR_LAW\ 7260448\33 TABLE OF CONTENTS (continued) 5.5 Termination 23 5.6 Bruce Power Conditions 23 5.7 Municipality Conditions of Closing 23 5.8 Mutual Condition 24 5.9 Closing Deliveries 24 ARTICLE 6 COOPERATION, DISPUTE RESOLUTION 26 6.1 Co- operation 26 6.2 Company Representative 26 6.3 Dispute Resolution 26 6.4 Equitable Remedies 27 ARTICLE 7 REPRESENTATIONS AND WARRANTIES 27 7.1 Representations and Warranties of Bruce Power 27 7.2 Representations and Warranties of Municipality 28 ARTICLE 8 CONFIDENTIALITY 28 8.1 Confidentiality 28 ARTICLE 9 TAXES 29 9.1 Transfer Taxes 29 ARTICLE 10 GENERAL CONTRACT PROVISIONS 30 10.1 Limit of Liability 30 10.2 Notices 30 10.3 Risk Until Closing - Damage or Destruction 31 10.4 Planning Act Compliance 31 10.5 No Brokerage Fees 32 10.6 Tender 32 10.7 Merger 32 10.8 Time of the Essence 32 10.9 Further Assurances 32 10.10 Assignment and Enurement 32 10.11 Counterparts 32 10.12 BALD -- - - - - - ....33 -ii T951056 \TOR LAW\ 7260448\33 TABLE OF CONTENTS SCHEDULES Schedule 1.1.7 List of Assumed Contracts Schedule 1.1.46 Form of OPG Assumption Agreement Schedule 1.1.66 Sewage Treatment Agreements Schedule 2.3 Assignment and Assumption Agreement for the Assumed Contracts Schedule 2.4 Water and Sewage Service Agreement Schedule 2.6.2 Form of OPG Easement Agreement Schedule 2.6.3 Form of Third Party Easement Schedule 2.11 Air Monitoring Station Licence Schedule 5.8 Forms of LIUNA, PWU and UA Agreements -iii - T951056\TOR LAW\ 7260448\33 SEWAGE TREATMENT PLANT AND WATER TOWER ASSETS AND RELATED EASEMENTS TRANSFER AGREEMENT (BRUCE POWER - KINCARDINE) THIS AGREEMENT for reference purposes is dated as of the 21st day of March, 2012. BETWEEN: BRUCE POWER L.P., a limited partnership formed under the laws of Ontario - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE a municipal corporation pursuant to the laws of Ontario - and - BRUCE POWER A L.P., a limited partnership formed under the laws of Ontario RECITALS: A. OPG and the subsidiaries are the owners of the lands and premises that comprise the BNPD parts of which form the Leased Premises leased to Bruce Power pursuant to the Lease. B. Part of the Leased Premises includes the Sewage Treatment Plant and the Water Tower. C. The lands that will comprise the OPG easements are part of the Leased Premises and the — Retained facilities: — — -- — D. Bruce Power supplies, among other things, non - potable industrial water to the BEC using the Pump House and uses the Sewage Treatment Plant to provide sewage treatment services to Municipality and third parties. E. The services provided by the Sewage Treatment Plant, the Water Tower, the Pump House and the Pipes located in the OPG Easements and the Third Party Easements are not required for the operations of Bruce Power at the Leased Premises or the operations of OPG, the Subsidiaries or any third party at the BNPD. F. OPG, Bruce Power and Municipality want Municipality to acquire and operate thereafter the Sewage Treatment Plant, the Water Tower and other Transferred Assets in order to . provide, among other things (i) the sewage treatment services that Bruce Power currently provides using the Sewage Treatment Plant; and (ii) industrial water that Bruce Power currently provides to the BEC. -1 T951056\TOR_LAW\ 7260448\33 G. Bruce Power intends to enter into the Bruce —OPG Agreement and Municipality and Bruce Power are entering into this Agreement to facilitate the divestiture of the Transferred Assets from OPG to Municipality (the "Divestiture "). NOW THEREFORE in consideration of the mutual covenants set forth in this Agreement and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Parties agree as follows: ARTICLE 1 DEFINITIONS AND INTERPRETATION 1.1 Definitions In addition to terms defined elsewhere in this Agreement, the following terms as used in this Agreement have the following respective meanings: 1.1.1 "Agreement" means this Sewage Treatment Plant and Water Tower Assets and Related Easements Transfer Agreement (Bruce Power - Kincardine) and all Schedules attached to this Agreement, in each case as they may be amended, supplemented, replaced or restated from time to time, and unless otherwise indicated, references to recitals, Articles, sections, paragraphs, Schedules and Appendices are to recitals, Articles, sections, paragraphs, Schedules and Appendices in this Agreement. 1.1.2 "Agreement Date" means the date of this Agreement as first written above. 1.1.3 "Air Monitoring Station" has the meaning set forth in section 2.11. 1.1.4 "Air Monitoring Station Licence" has the meaning set forth in section 2.11. 1.1.5 "Applicable Law" means, collectively, all applicable laws, statutes, ordinances, decrees, rules, regulations, by laws, legally enforceable policies, — — codes or judicial, arbitral, administrative; ministerial departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self regulatory authority, stock exchange or other Governmental Authority. 1.1.6 "Approvals" means all permits, certificates, approvals, consents, authorizations, registrations and licences that may be issued by any Governmental Authority required for the ownership or operation of the Transferred Assets. 1.1.7 "Assumed Contracts" means the contracts entered into by Bruce Power with third parties for the provision of sewage treatment services and the supply of industrial water to the BEC in effect on the Closing Date. The current list of the Assumed Contracts is attached as Schedule 1.1.7. - 2 - T951056\TOR LAVJ\ 7260448\33 1.1.8 "BEC" means the lands and premises comprising Plan 3M -113 registered in the Land Registry Office for the Land Titles Division of Bruce (No. 3) and commonly referred to as the Bruce Energy Centre. 1.1.9 "BNPD" means the Bruce Nuclear Power Development located in the Municipality of Kincardine, comprised of the Leased Premises and the Retained Facilities. 1.1.10 "Bruce Power" means Bruce Power L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power L.P. resulting from any merger, arrangement or other reorganization of or including Bruce Power L.P. or any continuance under the laws of another jurisdiction. 1.1.11 "BALP" means Bruce Power A L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power A L.P. resulting from any merger, arrangement or other reorganization of or including Bruce Power A L.P. or any continuance under the laws of another jurisdiction. 1.1.12 "Bruce Power Contribution" has the meaning set forth in section 4.6. 1.1.13 "Business Day" means any day other than a Saturday, Sunday, any statutory holiday in the Province of Ontario, or any day on which banking institutions in Toronto, Ontario are not open for business. 1.1.14 "Claims" means claims, suits, proceedings, liabilities, obligations, losses, damages, penalties, interest, orders (including orders issued by any Governmental Authority), judgments, costs, expenses, fines, disbursements, legal fees on a substantial indemnity basis, interest, demands and actions of any nature or any kind whatsoever. 1.1.15 "Closing" means the completion of the Transaction on the Closing Date. 1.1.16 "Closing Date means, subject to section 5.3, the 3 day of May, 2012. 1.1.17 "Closing Deliveries" means such deeds, conveyances, transfers, assignments, certificates, undertakings and other documents as the Parties and their respective solicitors may reasonably require in order to complete the Transaction. 1.1.18 "Commercially Reasonable Efforts" means efforts which are designed to enable a Party, directly or indirectly, to satisfy or perform its obligations under this Agreement and which do not require the performing Party to expend any funds or assume liabilities other than expenditures and liabilities which are reasonable in nature and amount in the context of such obligations or, where applicable, usual commercial practice. 1.1.19 "Confidential Information" has the meaning set forth in section 8.1. - 3 - T951056\TOR LAW\ 7260448\33 1.1.20 "Dispute" has the meaning set forth in section 6.3. 1.1.21 "Divestiture" has the meaning set forth in Recital G. 1.1.22 "Due Diligence Cut - Off Date" means 5 days following the Execution Date. 1.1.23 "Due Diligence Period" means the period beginning on the Agreement Date and ending at 5:00 p.m. on the Due Diligence Cut -Off Date. 1.1.24 "Easements" means the OPG Easements and the Third Party Easements. 1.1.25 "Execution Date" means the date when the Agreement is fully executed by the Parties and if the Agreement is executed in counterparts the Execution Date shall be the date on which the last Party to sign the Agreement does so. 1.1.26 "Encumbrance" means any registered security interest, lien, charge, pledge, mortgage, adverse claim, conditional and instalment sale agreement, title retention agreement, activity and use limitation, conservation easement, deed restriction, easement, right of first refusal, option to purchase, option to lease, certificate of pending litigation, subsisting non - compliance with the subdivision control provisions of the Planning Act (Ontario) or any predecessor of that Act or encumbrance of any kind. 1.1.27 "Expiration Date" has the meaning set forth in section 5.4. 1.1.28 "Governmental Authority" means any federal, provincial, state, municipal or local government, parliament or legislature, or any regulatory authority, agency, tribunal, commission, board or department of any such government, parliament or legislature, or any court or other law, regulation or rule making entity, or any arbitrator, each having or reasonably purporting to have jurisdiction in the relevant circumstances, including, for greater certainty, any Person acting or reasonably purporting to act under the authority of any Governmental Authority. 1.1.29 "GST /HST" means the goods and services tax and the harmonized sales tax imposed under the Excise Tax Act (Canada) and applicable in the Province of Ontario. 1.1.30 "HONI" means Hydro One Networks Inc., its successors and assigns. 1.1.31 "HONI Easement" has the meaning set forth in section 1.1.52a)iii). 1.1.32 "HONI Licence" means the licence agreement dated as of May 25, 2005 between Bruce Power and HONI which permits HONI to erect and maintain one pole and associated power line over part of the Sewage Treatment Plant. 1.1.33 "including ", "included" and "include" means including, included or include, each without limitation. - 4 - T951056\TOR LAW\ 7260448\33 1.1.34 "Indemnified Persons" means Bruce Power, BALP, OPG, its Subsidiaries, and any entity affiliated with any of the foregoing and their respective partners, officers, directors, shareholders, employees, agents, contractors and those for whom they may be in law responsible. 1.1.35 "Interim Period" means the period between the Agreement Date and the earlier of the Closing Date and the date this Agreement is terminated. 1.1.36 "Lease" means the amended and restated lease agreement dated as of May 12, 2001 among OPG, Bruce Power, the Subsidiaries and British Energy plc, as amended, supplemented, replaced or restated from time to time. 1.1.37 "Leased Premises" means the premises comprising that part of the BNPD leased by Bruce Power from OPG and certain subsidiaries of OPG pursuant to the Lease and includes the Sewage Treatment Plant and the Water Tower. 1.1.38 "LIUNA" means collectively, Labourers International Union of North America, Ontario Provincial District Council, on its own behalf and on behalf of Labourers International Union of North America, Local 1059. 1.1.39 "Notice" has the meaning set forth in section 10.2. 1.1.40 "Municipality" means The Corporation of the Municipality of Kincardine and any successor municipal corporation. 1.1.41 Municipality's Representatives" mean the employees, representatives, consultants, contractors, advisors and agents of Municipality. 1.1.42 "Municipality's Termination Notice" has the meaning set forth in section 3.3.1. 1.1.43 "Operating Agreement" means any agreement between Bruce Power and a third party service provider for provision operating or other services or supplies in connection with the operation of any of the Transferred Assets. 1.1.44 "OPG" means Ontario Power Generation Inc., a corporation incorporated under the laws of Ontario, and includes any successor to Ontario Power Generation Inc. resulting from any amalgamation, merger, arrangement or other reorganization of or including Ontario Power Generation Inc. or any continuance under the laws of another jurisdiction. 1.1.45 "OPG Assets" means the Transferred Assets other than the Third Party Easements and the Assumed Contracts. 1.1.46 "OPG Assumption Agreement" means the written Water and Sewage Service Agreement Conditional Assumption Agreement to be entered into between OPG, Municipality and OPG Common Facilities essentially in the form attached to this Agreement as Schedule 1.1.46. - 5 - T951056\TOR LAW\ 7260448\33 1.1.47 "OPG -Bruce Power Agreement" has the meaning set forth in section 2.1.1. 1.1A8 "OPG Common Facilities" means Ontario — Huron Common Facilities Inc. a corporation incorporated under the laws of Ontario, and includes any successor to Ontario — Huron Common Facilities Inc. resulting from any amalgamation, merger, arrangement or other reorganization of or including Ontario — Huron Common Facilities Inc. or any continuance under the laws of another jurisdiction. 1.1.49 "OPG Easements" mean the easements (including all agreements in connection therewith) whether in existence as of the Agreement Date or subsequently acquired that are required to accommodate Pipes located on, in or under the Leased Premises and, if applicable, the Retained Facilities that are required in connection with operation of the Sewage Treatment Plant, the Water Tower or the supply of industrial water utilizing the Pump House to the BEC up to, but not within, the fence line around the BNPD on the Lake Huron side of the Tie Road. 1.1.50 "Other Agreements" has the meaning set forth in section 2.10.1c). 1.1.51 "Parties" means the parties to this Agreement and "Party" means any one of the Parties. 1.1.52 "Permitted Encumbrances" means: a) Re Sewage Treatment Plant i) Instrument No. R- 170321 registered July 10, 1979 being a by- law. ii) Instrument No. R- 282664 being a transfer of easement in favour of The Corporation of the Village of Tiverton registered December 17, 1991:. To the extent that Municipality is the "successor' to the Village of Tiverton, this easement will merge with the fee on Closing. iii) Instrument No. R- 356122 being a transfer of easement in favour of Hydro One Networks Inc. registered April 27, 2001 ( "HONI Easement "). iv) The HONI Licence. b) Re Water Tower i) Instrument No. LT19893 being a notice of agreement in favour of The Corporation of the Township of Bruce registered December 7, 1987. -6 T951056 \TOR_LAW\ 7260448\33 ii) Instrument No. LT53922 being a notice of agreement in favour of The Corporation of the Municipality of Kincardine registered April 29, 2004 (partial release of Instrument No. LT19893). c) Re Sewage Treatment Plant and Water Tower: i) OPG Easements and Third Party Easements. ii) Those exceptions to title as may be agreed to in writing by the Parties on or prior to the Closing Date. iii) The reservations, limitations, provisions and conditions expressed in the original grants from the Crown, as varied by statute, statutory exceptions to title and rights of entry, access or use established by statute to the extent they do not interfere in a material way with the use and enjoyment of the Transferred Assets for its intended use or purpose. iv) Statutory liens for any taxes or similar charges capable of forming a charge or lien on the Transferred Asset in question not yet due or delinquent or the validity of which is being contested in good faith by appropriate proceedings. v) Construction and other similar liens arising or incurred in the ordinary course of the operation, maintenance or rehabilitation of the Transferred Assets relating to obligations as to which there is no default on the part of any of the Parties or the validity of which is being contested in good faith. vi) Zoning and building by -laws and ordinances, conservation restrictions and other land use and environmental regulations imposed by Governmental Authorities, development or site plan agreements and restrictive covenants which do not: (i) in the aggregate, materially interfere with the current use or operation of the Transferred Asset in question, and (ii) secure indebtedness. vii) Such other liens, imperfections in or failures of title, charges, restrictions, encroachments and defects in title that do not: (i) in the aggregate, materially interfere with the current use or operation of the Transferred Asset in question, and (ii) secure indebtedness. 1.1.53 "Person" means any individual, partnership, limited partnership, joint venture, syndicate, sole proprietorship, company or corporation with or without share capital, unincorporated association, trust, trustee, executor, - 7 - T951056\TOR_LAW\ 7260448\33 administrator or other legal personal representative, Governmental Authority or entity however designated or constituted. 1.1.54 "Phase II ESA" means the Phase II Environmental Site Assessment titled Phase II Environmental Site Assessment Bruce Energy Centre Wastewater Treatment Plant Kincardine, Ontario prepared by Golder Associates under Report Number -06- 1112- 016(7000) 1.1.55 "Phase II ESA Due Diligence Cut -Off Date" has the meaning set forth in section 3.4. 1.1.56 "Phase II ESA Satisfaction Notice" has the meaning set forth in section 3.4(b). 1.1.57 Phase II ESA Termination Notice" has the meaning set forth in section 3.4.2(a). 1.1.58 "Pipes" mean all sewage (influent and effluent) and water pipes, valves, meters and related equipment that are located in, on, under, over or upon the Easements required to transport sewage for treatment at the Sewage Treatment Plant and industrial water to the BEC but, for clarity, "Pipes" shall not include: (i) any sewage pipes (influent and effluent), valves, meters and related equipment located "downstream" of a point located at GPS coordinates N. 4905836.9 E. 453474.3; (ii) any water pipes, valves, meters and related equipment located "upstream" of a point located at GPS coordinates N.4906848.30 E. 454024.99; and (iii) any steam pipes. 1.1.59 "Property Information" has the meaning set forth in section 3.1.1a). 1.1.60 "Pump House" means the pump house facility located on Leased Premises. 1.1.61 "PWU" means Power Workers' Union Canadian Union of Public Employees Local 1000 - C.L.C. 1.1.62 "RSC" means a record of site condition contemplated under Part XV.1 and O.Reg. 153/04 of the Environmental Protection Act (Ontario). 1.1.63 "Retained Facilities" means those parts of the BNPD that are not part of the Leased Premises and that are owned by OPG or a Subsidiary. 1.1.64 "Ross Report" has the meaning set forth in section 4.6. 1.1.65 "Satisfaction Notice" has the meaning set forth in section 3.3.2. 1.1.66 "Sewage Treatment Agreements" mean the agreements listed in Schedule 1.1.66 as same may have been amended, restated or supplemented from time to time. -8- T95I056\TOR_ LAW\ 7260448\33 1.1.67 "Sewage Treatment Plant" means the sewage and wastewater reception and treatment plant and the associated influent and effluent piping system, located at 1842 Concession #2, Township of Bruce, ON and legally described as Part of Lots 11 and 12 Concession "A" Lake Range, Municipality of Kincardine designated as Parts 5 and 6 Plan 3R -7015. 1.1.68 "Steam Equipment" has the meaning set forth in section 2.6.6. 1.1.69 "Sludge" means sludge that is a by- product of the treatment of sewage at the Sewage Treatment Plant that has accumulated at the Sewage Treatment Plant as of Closing. 1.1.70 "Sublease" has the meaning set forth in section 5.9.2. 1.1.71 "Subsidiaries" means OPG - Huron A Inc., OPG - Huron B Inc., OPG Huron Common Facilities Inc. and OPG -Waste Inc. or any of them. 1.1.72 "Third Party Easements" mean the easements for Pipes (including all agreements in connection therewith) whether in existence as of the Agreement Date or subsequently acquired that are located in, on or on land owned by third parties and required for the operation of the Sewage Treatment Plant, the Water Tower or the supply of industrial water to the BEC. 1.1.73 "Transaction" means the transactions contemplated in this Agreement including the transfer of the Transferred Assets to Municipality. 1.1.74 "Transfer Fee" means the nominal compensation of ten ($10) dollars to be paid by Municipality to Bruce Power as total compensation for the transfer of the Transferred Assets. 1.1.75 "Transfer Taxes" has the meaning set forth in section Article 9. 1. L76 "Transferred Assets" means the Sewage Treatment Plant, the Water Tower; the benefit of the OPG Easements, the benefit of the Third Party Easements, the Pipes, the Assumed Contracts and the electronic transfer of the electronic versions of any related drawings and applicable manufactures' manuals in Bruce Power's possession. 1.1.77 "UA" means collectively, Ontario Pipe Trades Council of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, on its own behalf and on behalf of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, Local 527. 1.1.78 "Water and Sewage Service Agreement" has the meaning set forth in section 2.4. - 9 - T951056\TOR LAW\ 7260448\33 1.1.79 "Water Tower" means the water tower and related lands occupied by or used in conjunction with the water tower being that part of Lot 18 on Plan 3M -113 Municipality of Kincardine designated as Part 2 on Plan 3R -6087. 1.2 Schedules The following are the Schedules attached to this Agreement: 1.2.1 Schedule 1.1.7 List of Assumed Contracts 1.2.2 Schedule 1.1.46 Form of OPG Assumption Agreement 1.2.3 Schedule 1.1.66 Sewage Treatment Agreements 1.2.4 Schedule 2.3 Assignment and Assumption Agreement for the Assumed Contracts 1.2.5 Schedule 2.4 Water and Sewage Service Agreement 1.2.6 h Sc edule 2.6.2 Form of OPG Easement Agreement 1.2.7 Schedule 2.6.3 Form of Third Party Easement 1.2.8 Schedule 2.11 Air Monitoring Station Licence 1.2.9 Schedule 5.8 Forms of LIUNA, PWU and UA Agreements 1.3 Headings and Table of Contents The inclusion of headings and a table of contents in this Agreement are for convenience of reference only and shall not affect the construction or interpretation of this Agreement. 1.4 Gender and Number In this Agreement, unless the context otherwise requires, words importing the singular include the plural and vice versa and words importing gender include all genders. 1.5 Currency Except where otherwise expressly provided, all amounts in this Agreement are stated and shall be paid in Canadian currency. 1.6 Statutes Any reference in this Agreement to a statute or to a regulation or rule promulgated under a statute or to any provision of a statute, regulation or rule shall be a reference to the statute, regulation, rule or provision, as amended, re- enacted or replaced from time to time. 1.7 Invalidity of Provisions -10 T951056\TOR_LAW\ 7260448133 Each of the provisions contained in this Agreement are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Agreement. To the extent permitted by Applicable Law, the Parties waive any provision of Applicable Law that renders any provision of this Agreement invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations . to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 1.8 Entire Agreement This Agreement constitutes the entire agreement between the Parties pertaining to the subject matter of this Agreement. There are no warranties, conditions, or representations (including any that may be implied by statute) and there are no agreements in connection with such subject matter except as specifically set forth or referred to in this Agreement. No reliance is placed on any warranty, representation, opinion, advice or assertion of fact made either prior to, contemporaneous with, or after entering into this Agreement or any amendment or supplement thereto, by any Party to this Agreement or its partners, directors, officers, employees or agents, to any other Party to this Agreement or its partners, directors, officers, employees or agents, except to the extent that the same has been reduced to writing and included as a term of this Agreement and none of the Parties to this Agreement has been induced to enter into this Agreement or any amendment or supplement by reason of any such warranty, representation, opinion, advice or assertion of fact. Accordingly, there shall be no liability, either in tort or in contract, assessed in relation to any such warranty, representation, opinion, advice or assertion of fact, except to the extent contemplated above. 1.9 Waiver, Amendment Except as expressly provided in this Agreement, no amendment or waiver of this Agreement shall be binding unless executed in writing by the Party to be bound thereby. No waiver of any provision of this Agreement shall constitute a waiver of any other provision nor shall any waiver of any provision of this Agreement constitute a continuing waiver or operate as a waiver of, or estoppel with respect to, any subsequent failure to comply, unless otherwise expressly provided. 1.10 Governing Law This Agreement and any Dispute shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein. 1.11 Preparation of Agreement The terms and conditions of this Agreement are the result of negotiations between the Parties and the Parties agree that this Agreement shall not be construed in favour of or against any Party because of the extent that any Party or its professional advisors participated in the preparation of this Agreement. 1.12 Direct Transfer of the Transferred Assets from OPG or Subsidiary or Third Party -11 T951056\TOR_ LAW\ 7260448\33 1.12.1 Municipality acknowledges that while Bruce Power currently has the use of the OPG Assets by virtue of the Lease, Bruce Power does not own them. It is Bruce Power's present intention that the OPG Assets will be transferred to Municipality directly by OPG or the appropriate Subsidiary at the written direction of Bruce Power as contemplated in the OPG -Bruce Power Agreement. 1.12.2 Bruce Power intends to obtain the required Third Party Easements by way of agreements to grant easements from the owners of the appropriate lands and that Bruce Power will direct such owners to grant the Third Party Easements to Municipality in concert with Closing. 1.12.3 Municipality agrees to accept direct transfers of the OPG Assets and Third Party Easements and acknowledges that whenever this Agreement provides for the transfer of the Transferred Assets by Bruce Power to Municipality such reference is to or includes a direct transfer of that Transferred Asset by OPG or a Subsidiary or the third party owner, as the case may be, to Municipality whether or not the reference specifically so provides. 1.12.4 The direct transfer of any Transferred Asset by OPG or a Subsidiary or a third party owner to Municipality shall satisfy any obligation that Bruce Power has to Municipality to transfer such Transferred Asset to Municipality. 1.12.5 Provided however that nothing in this section 1.12 shall prevent Bruce Power from acquiring any Transferred Asset and thereafter transferring it to Municipality in connection with the completion of the Transaction. ARTICLE 2 THE DIVESTITURE 2.1 Background 2.1.1 Municipality acknowledges that in order to effect the Divestiture, Bruce Power is negotiating an agreement with OPG and certain Subsidiaries (the "OPG - Bruce Power Agreement ") whereby OPG and the Subsidiaries will, among other things: (i) agree to transfer fee simple ownership to Sewage Treatment Plant and the Water Tower to Bruce Power, or if Bruce Power so directs, to Municipality, so that Municipality will thereafter own the Sewage Treatment Plant, the Water Tower and the Pipes, and provide sewage treatment services and the supply of industrial water to those Persons that are receiving those service as of the Closing Date; and (ii) grant the benefit of the OPG Easements to Bruce Power, or if Bruce Power so directs, to Municipality. 2.1.2 The Parties acknowledge that Bruce Power has agreed with OPG that Bruce Power will have carriage of the Divestiture insofar as negotiations and other dealings with Municipality are concerned but the Parties acknowledge that - 12 - T951056 \ TOR LAW\ 7260448\33 their mutual co- operation will be required in order co- ordinate and affect the Divestiture. 2.1.3 The Parties agree that the completion of the Transaction will occur contemporaneously with the closing of the transactions contemplated in the OPG -Bruce Power Agreement. 2.1.4 If requested by Bruce Power, Municipality agrees that the Transaction may be closed in escrow contemporaneously with a similar escrow closing of the transaction under the OPG -Bruce Power Agreement it being the intention that if all matters required in connection with both closings are completed or satisfied, both transactions will be released from escrow at the same time. 2.2 Operations During Interim Period During the Interim Period: 2.2.1 Operation of Transferred Assets The Transferred Assets shall continue to be operated and maintained prior to Closing in substantially the same manner as heretofore conducted. 2.2.2 Additional Agreements Except as provided in section 2.3.2 Bruce Power shall not enter into, nor assume, any new contracts that Municipality would otherwise be required to assume or that affect the Transferred Assets, except: a) purchases and sales of inventory in the ordinary course consistent with prior practice that Municipality will not be required to assume; and b) contracts that may be terminated upon not more than 30 days notice at no cost to Municipality. 2.2.3 Insurance Any insurance maintained by Bruce Power will not be transferred to Municipality on Closing, and Municipality shall be responsible for arranging its own insurance from and after Closing. Municipality shall in no event and at no time have any interest in any insurance policy maintained by Bruce Power or in any proceeds thereof. As between Bruce Power and Municipality, Bruce Power shall not have any obligation to maintain any insurance. 2.3 Assumed Contracts 2.3.1 On Closing, Bruce Power shall assign, and Municipality shall assume, all the respective right, title and interest of Bruce Power under the Assumed Contracts in accordance with the terms of the form of assignment and assumption agreement attached as Schedule 2.3. 2.3.2 During the Interim Period: a) Bruce Power may terminate any Assumed Contract. - 13 - T951056\TOR LAW\ 7260448\33 b) Bruce Power will not enter into any new contract that will be treated as an Assumed Contract without Municipality's prior written consent such consent not to be unreasonably withheld or delayed. It will be unreasonable for Municipality to refuse consent if the contract in question is or is effectively on the same terms and conditions as to price and term as any Assumed Contract existing as of the Agreement Date. Municipality will respond to Bruce Power's request for consent within ten (10) days of receipt failing which Municipality will be deemed to have provided the required consent. c) If on Closing any counterparty to Bruce Power in an Assumed Contract is bankrupt Bruce Power shall not be required to assign such Assumed Contract to Municipality, unless the trustee in bankruptcy has adopted the Assumed Contract. d) Notwithstanding the Closing of the Transaction Bruce Power shall be entitled to pursue any counterparty to an Assumed Contract for any amounts owing to Bruce Power by the counterparty on the Closing. Municipality will co- operate with Bruce Power in the collection of amounts owing to Bruce Power. Municipality will be entitled to apply any payments it receives after Closing from a counterparty to amounts owing to Municipality by the counterparty under the Assumed Contract to the extent the amount is not tendered in connection with a period prior to the Closing in which case Municipality will remit such amount to Bruce Power. e) Bruce Power may enter into amending agreements with a counterparty to an Assumed Party to remove any reference in the Assumed Contract to nuclear liability effective on the Closing Date. 2.4 Water Supply and Sewage Treatment Allocation Agreement On Closing, the Parties will enter into a water and sewage service agreement substantially in the form attached as Schedule 2.4 ( "Water and Sewage Service Agreement "). 2.5 Approvals Municipality shall be responsible for obtaining any required Approvals. 2.6 Easements 2.6.1 The Parties acknowledge that the Easements will be required in order to provide the sewage treatment and industrial water services. As between Bruce Power and Municipality, Bruce Power will arrange for the preparation of reference plan surveys to illustrate the location of the Pipes associated with the Easements and to provide a registerable legal description for the Easements. - 14 - T951056\TOR LAW\ 7260448\33 2.6.2 The OPG Easements will be subject to an easement agreement substantially in the form attached as Schedule 2.6.2. 2.6.3 The Third Party Easement will to the extent Bruce Power is able to negotiate them be substantially in form attached as Schedule 2.6.3. 2.6.4 Bruce Power will postpone its interest in the Leased Premises granted by the Lease to the OPG Easements. 2.6.5 On Closing Bruce Power will obtain a release and conveyance in favour Municipality of all of OPG's or a Subsidiary's respective right title and interest, if any, in all Pipes located in or associated with the Easements. 2.6.6 If the Easements provide that the transferee or its designee may enter and remove steam lines and related equipment ( "Steam Equipment ") from the transferor's lands, Municipality, if requested by Bruce Power, shall designate Bruce Power as its designee for the removal of the Steam Equipment. Such removal shall be conducted in accordance with any applicable requirements of the Easement at Bruce Power's expense. Bruce Power shall indemnify and hold Municipality harmless from Claims of the transferor for injury to persons (including death) and damage to tangible personal property or the transferor's lands occasioned by the negligence or wilful misconduct of Bruce Power in connection with the removal of the Steam Equipment by Bruce Power. This provision shall not merge on Closing but shall survive Closing indefinitely or for the maximum period permitted by Applicable Law. 2.6.7 Municipality agrees that from and after Closing it will conduct its operations so as not to interfere with the rights of HONI under the HONI Easement and that it and those for whom it is responsible in law shall not do or omit to do anything that would, or with the passage of time, would put Bruce Power (who has assumed the rights and obligations of OPG or a Subsidiary under the HONI Easement) or OPG or the Subsidiaries in breach of their obligations under the HONI Easements and Municipality shall indemnify and hold Bruce Power, OPG and the Subsidiaries harmless from any Claim that is asserted or made against Bruce Power or OPG or the Subsidiaries directly or indirectly in any way pertaining to, connected with or arising out of a breach of this section 2.6.7 by Municipality or those for whom it is responsible in law and this section 2.6.7 shall not merge on Closing but shall survive Closing indefinitely or for the maximum period permitted by Applicable Law. 2.6.8 Municipality agrees that from and after Closing it will conduct its operations insofar as it concerns the Easements in accordance with the terms and conditions of any agreement that pertains to the Easements so as not to interfere with the rights of the other counterparties to such agreements and Municipality shall indemnify and hold Bruce Power, OPG and the Subsidiaries harmless from any Claim that is asserted or made against Bruce Power or OPG or the Subsidiaries directly or indirectly in any way pertaining -15 T951056 \TOR_LAW\ 7260448\33 to, connected with or arising out of a breach of this section 2.6.8 by Municipality or those for whom it is responsible in law and this section 2.6.8 shall not merge on Closing but shall survive Closing indefinitely or for the maximum period permitted by Applicable Law. 2.7 Partial Surrender of Lease On Closing Bruce Power will partially surrender the Lease and the Sublease as each pertains to the Sewage Treatment Plant and the Water Tower and will obtain from OPG a partial surrender of the head lease between OPG and the Subsidiary that owns the Sewage Treatment Plant as the head lease pertains to the Sewage Treatment Plant. 2.8 HONI Consents Bruce Power shall obtain all consents or approvals that may be required to be obtained from HONI in connection with the Easements or otherwise in connections with the Transaction. 2.9 Operating Agreements Municipality will not be required to assume any Operating Agreements on Closing. 2.10 Sewage Treatment Agreements 2.10.1 Municipality confirms that: a) it is the successor to each municipality that is a counterparty to each of the Sewage Treatment Agreements; b) it has the authority to terminate the Sewage Treatment Agreements; c) to the best of its knowledge, save and except for this Agreement, the OPG -Bruce Power Agreement, the Water and Sewage Service Agreement, the OPG Assumption Agreement and any other agreements or acknowledgements entered into in connection with the Transaction, there are no other agreements to which it or any predecessor municipality is a party that concerns the Sewage Treatment Plant, the Water Tower or the Pipes ( "Other Agreements "). 2.10.2 On Closing, Municipality will deliver an acknowledgement addressed to Bruce Power and OPG and its Subsidiaries confirming that the Sewage Treatment Agreements are terminated as of Closing and that should any Other Agreements subsequently be discovered it will not enforce any Other Agreement against Bruce Power, OPG or its Subsidiaries. 2.11 Air Monitoring Station Licence -16 T9510561TOR LAW\ 7260448\33 Municipality acknowledges that an air monitoring station and equipment used in connection therewith required in connection with Bruce Power's operations occupies a portion of the Sewage Treatment Plant ( "Air Monitoring Station "). On Closing, the Parties will enter into a licence agreement substantially in the form attached as Schedule 2.11 ( "Air Monitoring Station Licence "). 2.12 Costs and Expenses Except as specifically provided to the contrary in this Agreement, each Party shall be responsible for its own legal, accounting and other professional fees in connection with this Agreement and the Transaction. Without limiting the generality of the foregoing, as between Municipality and Bruce Power, Bruce Power shall prepare or cause to be prepared at its expense the transfers and assignments required to be delivered pursuant to this Agreement and Municipality shall be responsible at its expense for registering any such assignments and transfers and for all costs of any investigation and due diligence conducted by Municipality. 2.13 Sludge Municipality agrees to assume and be responsible for all costs related to the removal of Sludge from and after Closing. 2.14 RSC Subject to obtaining the necessary co- operation of OPG as owner of the Sewage Treatment Plant lands, Bruce Power will use Commercially Reasonable Efforts to have a RSC for the Sewage Treatment Plant lands filed in the environmental site registry maintained by the Ontario Ministry of the Environment on or before Closing failing which Bruce Power shall continue such efforts following Closing to have the RSC filed as aforesaid. For clarity, this provision shall not be a condition of Closing but shall survive Closing. ARTICLE 3 DUE DILIGENCE 3.1 Due Diligence Investigations 3.1.1 To assist Municipality in its due diligence, during the Due Diligence Period, Bruce Power shall to the extent not already done prior to the Agreement Date: a) provide Municipality with copies of, or access to, the Assumed Contracts, the Phase II ESA and all other material files, records, reports, correspondence within its possession or control pertaining to the Transferred Assets (the "Property Information ") for review; and b) subject to the provisions of the OPG -Bruce Power Agreement in that regard, provide Municipality and Municipality's Representatives with access to the Leased Premises at all reasonable times to the extent required to permit Municipality to conduct non - intrusive inspections of the Transferred Assets. Such access shall: (i) be subject to Bruce -17 T9510561TOR_LAW\7260448\33 Power's security requirements and policies concerning the Leased Premises; (ii) be escorted; (iii) not interfere with the operations of Bruce Power or its contractors or OPG at the BNPD; and (iv) not interfere with the operations of HONI or the HONI Easement. Municipality will forthwith repair any physical or other damage caused by the actions of Municipality's Representatives and restore the Transferred Assets to their condition prior to the damage. 3.1.2 Municipality acknowledges that Bruce Power has made available to Municipality, or has caused to be made available to Municipality, the Property Information without any representation or warranty as to the completeness or accuracy of the data or information contained in the Property Information. Municipality acknowledges that any Property Information has been furnished to Municipality solely as a courtesy, and Bruce Power has verified neither the accuracy of any statements or other information therein contained nor the qualifications of the persons preparing such Property Information. Bruce Power does not warrant the accuracy of any Property Information but confirms that it has not knowingly provided data that it knows or believes is inaccurate or misleading. Municipality acknowledges that any decision on its part to proceed with the Transaction will be based solely upon its own investigations and not upon any statement or opinion by Bruce Power, OPG, or any agent of Bruce Power or OPG. 3.1.3 Municipality agrees to indemnify, protect and save Bruce Power, OPG and the Subsidiaries harmless, both before and after Closing or other termination of this Agreement, from and against any and all Claims arising directly or indirectly, from the inspections of the Transferred Asset by Municipality and Municipality's Representatives. 3.2 Information from Governmental Authorities Notwithstanding anything else herein contained, Municipality shall not request, authorize nor arrange any inspections of the Transferred Assets by any Governmental Authority, or representatives, contractors or agents thereof provided that this shall not preclude Municipality from: (i) requesting information from any Governmental Authority that the Governmental Authority may have on file concerning the Transferred Assets; (ii) sharing information with the Ministry of the Environment and its consulting engineer for the purpose of obtaining a certificate of approval for the Transferred Assets; or (iii) authorizing any inspection that a Governmental Authority is requiring in connection with any Approval required to operate the Transferred Assets. Upon written request of Municipality, Bruce Power will execute and deliver to Municipality's solicitors an authorization authorizing a Governmental Authority to release information in their records concerning the Transferred Assets to Municipality's Representatives. 3.3 Due Diligence Condition Municipality's obligation to complete the Transaction shall be conditional upon Municipality satisfying itself in its sole and absolute discretion, on or before 5:00 p.m. on the Due Diligence -18 T95I056 \TOR_LAW\7260448\33 Cut -Off Date, with its due diligence investigations (including, without limitation, title to the Transferred Assets and the Permitted Encumbrances). If Municipality: 3.3.1 is not satisfied with its due diligence investigations it may deliver Notice to Bruce Power on or before 5:00 p.m. on the Due Diligence Cut -Off Date so advising Bruce Power and exercising its rights hereunder to terminate this Agreement ( "Municipality's Termination Notice ") whereupon this Agreement shall be automatically terminated and the obligations of Municipality and Bruce Power under this Agreement shall be at an end; 3.3.2 is satisfied with its due diligence at any time during the Due Diligence Period Municipality may deliver Notice to Bruce Power so advising Bruce Power ( "Satisfaction Notice ") whereupon Municipality shall be deemed to have waived its rights to terminate this Agreement pursuant to this section 3.3; or 3.3.3 does not deliver either a Municipality's Termination Notice or Satisfaction Notice to Bruce Power on or before 5:00 p.m. on the Due Diligence Cut -Off Date, then Municipality shall be deemed to have delivered a Satisfaction Notice to Bruce Power prior to 5:00pm on the Due Diligence Cut Off Date thereby waiving its rights under this section 3.3 to terminate this Agreement. 3.4 Due Diligence Condition — Phase II ESA Notwithstanding section 3.3, if the Phase II ESA is not available within 2 days of the Execution Date then in order for Municipality to have sufficient time to consider the Phase II ESA, the following shall apply with respect to the Phase II ESA: 3.4.1 The Due Diligence Cut -Off Date for the Phase II ESA, and for clarity, only the Phase II ESA, shall be 5 days from the date that the Phase II ESA is delivered to Municipality by Bruce Power ( "Phase II ESA Due Diligence Cut -Off Date "). 3.4.2 Municipality's obligation to complete the Transaction shall be conditional upon Municipality being satisfied in its sole and absolute discretion, on or before 5:00 p.m. on the Phase II ESA Due Diligence Cut -Off Date, with the results of the Phase II ESA. If Municipality: a) is not satisfied with the results of the Phase II ESA it may on Notice to Bruce Power given on or before 5:00 p.m. on the Phase II ESA Due Diligence Cut -Off Date terminate this Agreement ( "Phase II ESA Termination Notice ") whereupon this Agreement shall be automatically terminated and the obligations of Municipality and Bruce Power under this Agreement shall be at an end; b) is satisfied with the results of the Phase II ESA it may at any time prior to the Phase II ESA Due Diligence Cut -Off Date deliver Notice to Bruce Power so advising Bruce Power ( "Phase II ESA Satisfaction -19 T9510561TOR_LAW\ 7260448\33 Notice ") whereupon Municipality shall be deemed to have waived its rights to terminate this Agreement pursuant to this section 3.4; or c) does not deliver either a Phase II ESA Termination Notice or Phase II ESA Satisfaction Notice to Bruce Power on or before 5:00 p.m. on the Phase II ESA Due Diligence Cut -Off Date, then Municipality shall be deemed to have delivered a Phase II ESA Satisfaction Notice to Bruce Power prior to 5:00 pm on the Phase II ESA Due Diligence Cut Off Date thereby waiving its rights to terminate this Agreement under this section 3.4. 3.4.3 Section 3.3 shall continue to apply to all other aspects of Municipality's due diligence in connection with the Transferred Assets. ARTICLE 4 AS—IS — WHERE -IS 4.1 As -is — Where -is Municipality expressly acknowledges that the Transferred Assets will be transferred and accepted "as -is, where -is," and will be accepted without any express or implied representation or warranty, covenant or condition on the part of Bruce Power, OPG or the Subsidiaries or any Person on their behalf having apparent authority to bind them, including any representation or warranty, covenant or condition as to, allowable uses of, the physical condition of or any other aspect of the Transferred Assets and that Municipality, by the expiration of the Due Diligence Period, shall have conducted such inspections of the Transferred Assets as it deems appropriate and satisfied itself with regard to all matters relating to the Transferred Assets. Without limiting the generality of the foregoing, but subject to section 10.3 the Transferred Assets are specifically offered as same exist on the Closing Date, with no adjustment to be allowed to Municipality for any change in condition, quality or quantity of the Transferred Assets during the Interim Period. 4.2 Waiver As part of Municipality's agreement to purchase and accept the Transferred Assets "AS - IS, WHERE - IS ", and not as a limitation on such agreement, Municipality hereby unconditionally and irrevocably waives any and all actual or potential rights Municipality might have against Bruce Power, OPG or the Subsidiaries regarding any form of warranty, express or implied, of any kind or type, relating to the physical condition and status of the Transferred Assets. Such waiver is absolute, complete, total and unlimited in every way. Such waiver includes, but is not limited to, a waiver of express warranties, implied warranties, warranties of fitness for a particular use, warranties of merchantability, warranties of habitability, warranties of enforceability, strict liability rights, and claims of every kind and type, including, but not limited to, claims regarding defects which might have been discoverable, claims regarding defects which were not or are not discoverable, product liability claims, product liability type claims, and all other extant or later created or conceived of strict liability or strict liability type claims and rights, provided that, as between Bruce Power and Municipality, nothing in this Agreement will -20 T951056\TOR_LAW\7260448\33 prejudice the rights of Municipality pursuant to section 7.7 of the Water and Sewage Service Agreement. 4.3 Release Effective on the Closing or termination of this Agreement, to the fullest extent permitted by law, Municipality hereby releases, discharges and forever acquits the Indemnified Persons from all Claims which Municipality may suffer or incur relating to the Transferred Assets or any other aspect of the Transferred Assets, or any defect related thereto, other than in respect of any breach of the representations and warranties of Bruce Power in this Agreement. Without limitation, Municipality hereby agrees, represents and warrants that the matters released herein are not limited to matters that are known or disclosed. In this connection and to the extent permitted by law, Municipality hereby agrees, represents and warrants that Municipality realizes and acknowledges that factual matters now unknown to it may have given or may hereafter give rise to causes of action, Claims and controversies which are presently unknown, unanticipated and unsuspected, and Municipality further agrees, represents and warrants that the waivers and releases herein have been negotiated and agreed upon in light of that realization and that Municipality nevertheless hereby releases, discharges, and acquits, and, pursuant to section 4.4, indemnifies and saves Bruce Power and the other Indemnified Persons from any known or unknown causes of action, claims, demands, debts, controversies, damages, costs, losses and expenses which might in any way be included in the waivers and matters released as set forth in this section 4.3. The provisions of this section 4.3 are material and have been included as a material portion of the consideration given to Bruce Power by Municipality in exchange for Bruce Power's performance hereunder. 4.4 Indemnity From and after the Closing Date Municipality agrees to indemnify and hold harmless the Indemnified Persons from: 4.4.1 any and all Claims (except to the extent such Claims are caused or contributed to by any post Closing acts or omissions of Bruce Power) directly or indirectly in any way pertaining to, connected with or arising out of the Transferred Assets; 4.4.2 any and all Claims by HONI in any way pertaining to, connected with or arising out of a breach by Municipality or those for whom it is in law responsible of the terms and conditions of the HONI Easement or for any interference with HONI's use and enjoyment of the HONI Easement or any damage to the tangible personal property of HONI located in or used in connection with the HONI Easement due to the wilful misconduct or negligence of Municipality or those for whom it is in law responsible; 4.4.3 any and all Claims asserted against the Indemnified Persons directly or indirectly by those having an interests or business in BEC or in any way related to contractual obligations to provide Water or sewage services past, present or future; -21 - T451056\TOR_LAW\ 7260448\33 provided that the indemnities in this section 4.4 shall not apply to any Claim made by Bruce Agra Dehy Inc. or any successor or assign of Bruce Agra Dehy Inc. or any of their successors or assigns. 4.5 Benefit of the Waiver, Release and Indemnity Municipality acknowledges that Bruce Power shall hold the benefit of any indemnities, releases and covenants in this Agreement intended to benefit any Person other than Bruce Power, including the benefit of sections 2.1.1, 2.6.7, 2.6.8, 3.1, 4.1, 4.2, 4.3, 4.4 and Article 9 as they pertain to OPG or any other Person referred to therein but not a Party or signatory to this Agreement in trust for the benefit of such Persons and that any of the foregoing provisions and any other indemnity, release or covenant provided in favour of Bruce Power in this Agreement, unless specifically provided to the contrary, shall be enforceable by such Person against Municipality and shall not merge on Closing but shall survive Closing indefinitely or for the maximum period permitted by Applicable Law. 4.6 Bruce Power Contribution The Parties acknowledge that a condition assessment report prepared by BM Ross and Associates Limited, known as BEC Waste and Waste Water Infrastructure Review, dated August 12, 2009 pertaining to the Transferred Assets prepared for Bruce Power ( "Ross Report") and Municipality has identified certain deficiencies or repairs that it would be prudent be made to the Transferred Assets. To assist Municipality, Bruce Power will pay to Municipality on Closing if the Transaction is completed the sum of three hundred thousand ($300,000) dollars (the "Bruce Power Contribution ") towards the cost of work identified in the Ross Report and without admitting that Bruce Power has any obligation with respect to the condition of the Transferred Assets and with out detracting from the "as- is "- "where -is" nature of the Transaction, the Bruce Power Contribution shall be the accepted by Municipality in full satisfaction of any Claim that it may have in connection with or arising out of this Agreement. ARTICLE 5 THE TRANSACTION, CLOSING, CONDITIONS OF CLOSING 5.1 The Transaction On and subject to the terms of this Agreement and for the Transfer Fee Bruce Power agrees to transfer and /or direct OPG and/or the Subsidiaries to transfer the Transferred Assets to Municipality on Closing on an "as -is ", "where -is" basis as set forth herein free and clear of all Encumbrances save for Permitted Encumbrances. 5.2 Adjustments to the Transfer Fee The Transfer Fee shall be subject to any adjustments as are agreed upon by the Parties. 5.3 Closing The Transaction will be completed on the Closing Date or such other date as the Parties may agree in writing in which case such other date shall be the "Closing Date ". -22 T95r056\TOR_LAW\ 7260448\33 5.4 Expiration Date If Closing has not occurred on or before June 29,2012 (the "Expiration Date ") then any Party may terminate this Agreement upon Notice to the other Party whereupon and the obligations of Municipality and Bruce Power under this Agreement shall be at an end. 5.5 Termination Bruce Power may terminate this Agreement for convenience at anytime upon Notice to Municipality whereupon the obligations of Municipality and Bruce Power under this Agreement shall be at an end. 5.6 Bruce Power Conditions The obligation of Bruce Power to complete the Transaction shall be subject to the fulfilment of the following terms and conditions, on or before the Closing which terms and conditions are for the exclusive benefit of Bruce Power and which may be waived, in whole or in part, only by Bruce Power: 5.6.1 The Board of Directors of Bruce Power and of BALP having approved the Transaction and the transaction pursuant to the OPG -Bruce Power Agreement. 5.6.2 The representations and warranties of Municipality set forth herein shall be true, correct and complete in every material particular. 5.6.3 All of the material covenants of Municipality to be complied with or performed by Municipality on or before the Closing shall have been duly complied with or performed. 5.6.4 Each of the deliveries to be made by Municipality to Bruce Power under section 5.9 hereof shall have been duly made. 5.6.5 The OPG -Bruce Power Agreement shall be in full force and effect. 5.6.6 The transactions contemplated in the OPG -Bruce Power Agreement being completed in concert with the completion of the Transaction. If any condition in this section 5.6 is not fulfilled or performed at or prior to Closing or is not waived in whole or in part by Bruce Power, Bruce Power may by Notice to Municipality, terminate this Agreement and the obligations of Municipality and Bruce Power under this Agreement will be at an end. 5.7 Municipality Conditions of Closing The obligation of Municipality to complete the Transaction shall be subject to the fulfilment of the following terms and conditions, on or before the Closing which terms and conditions are for the exclusive benefit of Municipality and which may be waived, in whole or in part, only by Municipality: - 23 - T951056 \TOR LAW\ 7260448\33 5.7.1 The representations and warranties of Bruce Power set forth herein shall be true, correct and complete in every material particular. 5.7.2 All of the material covenants of Bruce Power be complied with or performed by Bruce Power on or before the Closing shall have been duly complied with or performed. 5.7.3 Each of the deliveries to be made by Bruce Power to the OPG under section 5.9 hereof shall have been duly made. If any condition in this section 5.7 is not fulfilled or performed at or prior to Closing or is not waived in whole or in part by Municipality, Municipality may by Notice to Bruce Power, terminate this Agreement and the obligations of Bruce Power and Municipality under this Agreement shall be at an end. 5.8 Mutual Condition The obligations of Municipality and Bruce Power to complete the Transaction will be conditional upon each being satisfied that LIUNA, PWU and UA will not claim successor rights in connection with the operation of the Transferred Assets following Closing. Each Party agrees that such condition shall be satisfied by the provision of and delivery of on or before Closing of an agreement from each of LIUNA, PWU and UA substantially in the forms set out at Schedule 5.8. 5.9 Closing Deliveries As appropriate given the nature of the Closing Delivery, the Parties agree to execute and/or deliver to each other on Closing the Closing Deliveries, all in form and substance satisfactory to the Parties and their respective solicitors acting reasonably. Without limiting the generality of the foregoing, the Closing Deliveries shall include: 5.9.1 one or more transfers /deeds whereby the registered title to the Sewage Treatment Plant and the Water Tower is transferred to and, to the extent required, the benefit of the OPG Easements and the Third Party Easements are granted to Municipality; 5.9.2 partial surrenders of the Lease and sublease entered into by Bruce Power and BALP with respect to part of the BNPD ( "Sublease ") as each pertains to the Sewage Treatment Plant and the Water Tower; 5.9.3 a partial surrender of the head lease between OPG and the Subsidiary that owns the Sewage Treatment Plant lands as it pertains to the Sewage Treatment Plant; 5.9.4 a general conveyance from the OPG and/or the appropriate Subsidiary conveying all of their right, title and interest in and to OPG Assets to Municipality on an "as -is ", "where -is" basis as set forth herein; - 24 - T951056\TOR LAW\ 7260448\33 5.9.5 a direction re title; 5.9.6 original executed copies of the then current Assumed Contracts referred to in 1.1.7; 5.9.7 notice of assignment of the Assumed Contracts addressed to the customers; 5.9.8 to the extent available, written acknowledgements addressed to Bruce Power, BALP, OPG and the Subsidiaries and Municipality from the then current customers under the Assumed Contracts acknowledging, among other things, that the Assumed Contact is in full force and effect, unamended (other than to confirm that the provisions relating to nuclear liability shall cease to have effect on Closing) and otherwise in good standing and that there is no default on the part of Bruce Power under the Assumed Agreement and releasing Municipality from any liability in connection with the Assumed Contract for matters arising prior to the Closing Date and to the extent not available Municipality agrees to accept a certificate from an officer of Bruce Power confirming the matters referred to in this section 5.9.8; 5.9.9 if required by the terms of any of the Permitted Encumbrances, an assignment and assumption agreement of that Permitted Encumbrance; 5.9.10 a document registration agreement authorized by the Parties and entered into by the solicitors for the Parties to provide for electronic registration of the Closing Deliveries to be registered on title to the assets described in section 5.9.1 on Closing; 5.9.11 any required HONI Consents; 5.9.12 certified copy of Municipality's by -law authorizing the Transaction. 5.9.13 a statement of adjustments, if applicable; 5.9.14 a mutual undertaking to adjust any errors or omissions in the statement of adjustments; 5.9.15 an affidavit or statutory declaration of a senior officer of OPG and the Subsidiaries confirming that OPG and the Subsidiaries are not non - resident persons within the meaning of Section 116 of the Income Tax Act (Canada); 5.9.16 a certificate of each Party completed on the Closing Date, confirming that such Party's covenants, warranties and representations contained herein continue to be true and accurate as at the Closing Date; 5.9.17 an affidavit or statutory declaration of a senior officer of Bruce Power confirming that Bruce Power is not a non - resident person within the meaning of Section 116 of the Income Tax Act (Canada); - 25 - T9510561TOR LAW\ 7260448\33 5.9.18 an executed copy of the Water and Sewage Service Agreement; 5.9.19 an executed copy of the OPG Assumption Agreement; 5.9.20 a certified cheque or bank draft payable to Municipality for the Bruce Power Contribution or an electronic transfer of same; 5.9.21 such further documentation relative to the completion of the Transaction as may be referred to elsewhere in this Agreement or as a Party or their solicitors may reasonably require, or as may be required by law; 5.9.22 the Phase II ESA for the land comprising the Sewage Treatment Plant; 5.9.23 subject to section 2.14, an RSC for the Sewage Treatment Plant lands or evidence that the RSC has been filed in the Environmental Site Registry maintained pursuant to the Environmental Protection Act (Ontario); 5.9.24 the Air Monitoring Station Licence; 5.9.25 copy of notice to current operator of the Sewage Treatment Plant terminating the Operating Agreement; 5.9.26 assignment and assumption of the HONI Licence. ARTICLE 6 COOPERATION, DISPUTE RESOLUTION 6.1 Co- operation Each Party shall co- operate with the other Party to the extent reasonably necessary to permit and facilitate the completion of the Transaction and the transactions contemplated in the OPG -Bruce Power Agreement. 6.2 Company Representative Bruce Power and Municipality shall each appoint, from time to time, a representative (a "Representative "), each of whom shall be duly authorized to act on behalf of the Party that has made the appointment, and with whom the other Party may consult at all reasonable times, and whose written instructions, requests, and decisions shall be binding on the appointing Party as to all matters pertaining to this Agreement; provided, however, that the Representatives shall not have the authority to amend this Agreement. 6.3 Dispute Resolution Any disagreement as to the interpretation of this Agreement or a Party's performance or non- performance under this Agreement (a "Dispute ") at first instance shall be addressed by the respective Representatives. If no resolution is forthcoming within a reasonable period then any Party may escalate the Dispute to the appropriate senior management of the Parties. Senior - 26 - T951056\TOR_LAW\ 7260448\33 management will engage in negotiations with a view to reach a settlement of the issue but if no settlement is forthcoming within 30 days of submission of the Dispute to senior management the Parties shall be free to exercise whatever remedies are available to them under this Agreement or at law. Nothing in this section 6.3 shall prevent or delay a Party from resorting to its other remedies if it bona fide believes that it will be prejudiced by any delay inherent in the dispute resolution procedure provided for in this section 6.3. 6.4 Equitable Remedies Notwithstanding anything in this Agreement either Party may seek equitable remedies without proceeding to the dispute resolution process (including arbitration) otherwise provided for in this Article. ARTICLE 7 REPRESENTATIONS AND WARRANTIES 7.1 Representations and Warranties of Bruce Power Bruce Power represents and warrants to Municipality that: 7.1.1 subject to obtaining Board approval as provided for elsewhere in this Agreement, this Agreement has been duly authorized, executed and delivered by Bruce Power and is a valid and binding obligation of Bruce Power enforceable in accordance with its terms, subject to the usual exceptions as to bankruptcy and the availability of equitable remedies; 7.1.2 to the best of its knowledge and belief based upon a review of its records and, with respect to the Sewage Treatment Plant, relying on the Phase II ESA, it is not aware of any release of Hazardous Substances having occurred at the Water Tower or the Sewage Treatment Plant since the commencement of and during the term of the Lease. In this section "Hazardous Substances" means: a) any petrochemical or petroleum products, oil or coal ash, radioactive materials, radon gas, asbestos in any form that is friable, urea formaldehyde foam insulation and transformers or other equipment that contains dielectric fluid which may contain levels of polychlorinated biphenyls; and b) any chemicals, materials or substances defined as or included in the definition of "hazardous substances," "hazardous wastes," "hazardous materials," "hazardous constituents," "restricted hazardous materials," "extremely hazardous substances," "toxic substances," "deleterious substances," "contaminants," "pollutants," "toxic pollutants" or words of similar meaning and regulatory effect under any Applicable Law relating to the environment; and -27 T95I056\TOR_LAW\ 7260448\33 c) any other material or substance, exposure to which is prohibited, limited or regulated by any Applicable Law relating to the environment; and acknowledges that Municipality is relying on such representations and warranties in entering into this Agreement. 7.2 Representations and Warranties of Municipality Municipality represents and warrants to Bruce Power that the execution and delivery of this Agreement and the performance of Municipality's obligations hereunder and any agreement referred to herein have been duly approved and authorized by one or more by -laws of Municipality and that this Agreement and any other agreement referred to herein to which Municipality is a party are otherwise binding obligations of Municipality enforceable in accordance with their terms. ARTICLE 8 CONFIDENTIALITY 8.1 Confidentiality 8.1.1 The Parties agree that this Agreement and any information provided or made available by, or on behalf of, Bruce Power to Municipality with respect to the Transaction and the OPG -Bruce Power Agreement and the transactions contemplated therein, including the Property Information (other than maps, surveys, plans, title reports and other documents and instruments that are a matter of public record) shall be considered as "Confidential Information" irrespective of whether such items and their contents are so specifically identified by Bruce Power as Confidential Information. 8.1.2 Without Bruce Power's prior written consent, Municipality: a) shall not divulge to any third party any of the Confidential Information and shall not use the Confidential Information in Municipality's business prior to the Closing or otherwise, except in connection with its acquisition of the Transferred Assets; b) shall ensure that the Confidential Information is disclosed only to such of Municipality's officers, directors, employees, consultants and solicitors, as have actual need to know the Confidential Information; c) shall act diligently to prevent any further disclosure of the Confidential Information; and d) shall promptly return to Bruce Power (without keeping copies) all Confidential Information if the Closing does not occur, - 28 - T951056\TOR_LAW\ 7260448\33 8.1.3 Municipality shall be responsible for ensuring that Persons to whom it is entitled to disclose Confidential Information also comply with the confidentiality obligations of this Agreement. 8.1.4 Notwithstanding anything contained in this Agreement to the contrary, Bruce Power may share with OPG, its solicitors and other advisors copies of this Agreement and all other Transaction documents that Bruce Power acting reasonably deems necessary to complete the negotiation of this Agreement and the OPG -Bruce Power Agreement and to complete the Transaction and the transactions contemplated in the OPG -Bruce Power Agreement. 8.1.5 Notwithstanding anything contained in this Agreement to the contrary, Bruce Power acknowledges that Municipality may have to make this Agreement (and Schedules hereto) public in connection with obtaining council approval for the Transaction. 8.1.6 Notwithstanding the foregoing, Bruce Power acknowledges that Municipality is subject to the Municipal Freedom of Information and Protection of Privacy Act (Ontario) ( "MFIPPA ") and that Municipality may be required to disclose Confidential Information pursuant to an information request for such Confidential Information. In this regard, Bruce Power considers the Confidential Information to be confidential commercial, fmancial, scientific, technical and/or labour relations information and /or contain trade secrets of Bruce Power and that its disclosure could reasonably be expected to cause material financial loss to Bruce Power, prejudice its competitive position or interfere with negotiations in which it is engaged. Accordingly, Municipality will provide Bruce Power with the opportunity to object to the release of any Confidential Information in accordance with the provisions of MFIPPA. ARTICLE 9 TAXES 9.1 Transfer Taxes As between Bruce Power, OPG and any Subsidiary and Municipality, Municipality shall pay any and all taxes and fees including sales tax, GST/HST, land transfer tax and registration fees ( "Transfer Taxes ") which are payable in connection with the transfer of the Transferred Assets to Municipality. Without limiting the generality of the foregoing, if the transfer of the Transferred Assets is subject to GST /HST levied pursuant to the Excise Tax Act (Canada), then GST/HST shall be in addition to, and not included in, the Transfer Fee, and shall be collected and remitted in accordance with the Excise Tax Act (Canada). Municipality shall indemnify and save harmless Bruce Power, OPG and any Subsidiary both before and after Closing, from all Claims incurred directly or indirectly in connection with the assessment of Transfer Taxes in respect of the transfer of the Transferred Assets and any failure by Municipality to pay them when due or to file any election within the required reporting period. -29 T951056\TOR_ LAW\ 7260448\33 ARTICLE 10 GENERAL CONTRACT PROVISIONS 10.1 Limit of Liability As between the Parties, neither Party shall have any liability to the other if this transaction does not close for any reason, provided, however, that if the Transaction does not close due to the fault or neglect of Municipality, Municipality will reimburse Bruce Power on demand for all amounts that Bruce Power is obliged to pay OPG on account of OPG's outside counsel's fees and disbursements in connection with the Transaction and the transactions contemplated in the OPG -Bruce Power Agreement. All such amounts remaining unpaid for 30 days or more after demand shall bear interest at the rate per annum equal to the rate of interest that Bruce Power's principal bankers charge as their "prime rate" adjusted automatically for changes in such rate. 10.2 Notices Any notice or other communication required or permitted to be given under this Agreement (collectively, "Notice ") shall be in writing and shall be given by prepaid first class mail, by facsimile or other means of electronic communication or by hand delivery as provided below. Any Notice, if mailed by prepaid first class mail at any time other than during a general discontinuance of postal service due to strike, lockout or otherwise, shall be deemed to have been received on the fourth Business Day after the post marked date thereof. Any Notice, if sent by facsimile or other means of electronic communication, shall be deemed to have been received on the Business Day following the sending, or if delivered by hand, shall be deemed to have been received at the time it is delivered to the applicable address noted below either to the individual designated below or to an individual at such address having apparent authority to accept deliveries on behalf of the addressee. Notice of change of address shall also be governed by this section 10.2. In the event of a general discontinuance of postal service due to strike, lock -out or otherwise, Notices shall be sent by facsimile or other means of electronic communication and shall be deemed to have been received in accordance with this section 10.2. Notices shall be addressed as follows: i) If to Municipality, to: Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: CAO Telecopier number: (519) 396 -8288 with a copy to Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: Public Works Department Telecopier number: (519) 396 -8288 - 30 - T951056\TOR LAW\ 7260448\33 with a copy to Municipality's counsel at: Magwood, Van De Vyvere, Thompson & Grove - McClement Barristers & Solicitors 215 Durham Street Walkerton Ontario NOG 2V0 Attention: George C. Magwood Telecopier number: (519)-881-3595 ii) if to Bruce Power, to: Bruce Power L.P. c/o Bruce Power Inc. B10, 6 Floor 177 Tie Road, Municipality of Kincardine RR #2 Tiverton, Ontario, NOG 2T0 Attention: Executive Vice - President and General Counsel Telecopier number: (519) 361 1840 with a copy to Bruce Power's counsel at: Gowling Lafleur Henderson LLP 1 First Canadian Place Suite 1600, 100 King Street West Toronto, Ontario M5X 1G5 Attention: Alan Dean Telecopier number: (416) 862 -7661 Notwithstanding the foregoing, any Notice or other communication required or permitted to be given by any Party pursuant to or in connection with any arbitration procedures contained in this Agreement or in any Schedule to this Agreement (unless such Schedule otherwise provides) may only be delivered by hand. The failure to send or deliver a copy of a Notice to counsel shall not invalidate any Notice given under this section 10.2. 10.3 Risk Until Closing — Damage or Destruction As between Bruce Power and Municipality, risk of loss or damage to the Transferred Assets pending Closing shall remain with Bruce Power. If prior to Closing any of the Transferred Assets is destroyed or substantially damaged either Party may elect to terminate this Agreement on Notice to the other. If there is any dispute as to whether any Transferred Asset has been destroyed or substantially damaged for the purposes of this section 10.3 such determination will be made by Bruce Power in its sole and unfettered discretion. . 10.4 Planning Act Compliance All of the mutual covenants, conditions, agreements and payments contained in this Agreement shall be conditional upon compliance with the Planning Act (Ontario). -31 T951056\TOR LAW\ 7260448133 10.5 No Brokerage Fees The Parties each represent and warrant to the other that there are no commissions, finder's fees or brokerage fees arising out of the transfer of the Transferred Assets contemplated by this Agreement. Each Party agrees that if any claims should be made for commissions allegedly arising from the execution of this Agreement or any transfer of the Transferred Assets to Municipality by any person by reason of any acts of such party, such party will protect, defend, indemnify and hold the other harmless from and against any and all losses, liabilities and expenses in connection therewith. 10.6 Tender Any tender of documents or money hereunder may be made upon either Party or their respective solicitors on the day set for Closing. Monies may be tendered by a negotiable cheque certified by a Canadian chartered bank or by an official bank draft drawn upon a Canadian chartered bank. 10.7 Merger The covenants, representations and warranties of the Parties contained in this Agreement shall not merge on and shall survive the Closing for a period of two years or for such longer or other period as may be specifically provided for in this Agreement for any particular covenant, representation or warranty. 10.8 Time of the Essence Time shall be of the essence of this Agreement. 10.9 Further Assurances Each of the Parties shall promptly do, make, execute, deliver, or cause to be done, made, executed or delivered, all such further acts, documents and things as the other hereto may reasonably require from time to time for the purpose of giving effect to this Agreement and shall use reasonable efforts and take all such steps as may be reasonably within its power to implement to their full extent the provisions of this Agreement. 10.10 Assignment and Enurement This Agreement shall enure to the benefit of, and be binding upon, Parties and their respective successors and permitted assigns. No party to this Agreement may assign this Agreement without the prior written consent of the other Parties. 10.11 Counterparts This Agreement may be signed in counterparts, each of such counterparts shall constitute an original document, and such counterparts, taken together, shall constitute one and the same instrument. - 32 - T951056\TOR LAW\ 7260448\33 10A2 BALP Municipality and Bruce Power acknowledge that BALP is executing this Agreement solely to evidence its consent to the Transaction (to the extent that such consent is required) and so that it obtains the direct benefit of any release or indemnity in its favour pursuant to this Agreement and that otherwise BALP is not a Party to this Agreement. [The Balance of this page has, been intentionally left blank. Signature page follows.] - 33 - T951056 \TOR LAW\ 7260448\33 • IN WITNESS WHEREOF: The Municipality has caused this THE CORPORATION OF THE Agreement to be signed by its respective MUNICI 'ALIT RDINE duly authorized officers as of the 21 day of • esimi March, 2012. Larry Krae Mayor By: I �� Murray Clarke Chief Administrative Officer Bruce Power and BALP have caused this Agreement to be signed by their respective duly authorized officers as of the 31 day of March, 2012. BRUCE POWER L.P., by its general BRUCE POWER A L.P., by its general partner BRUCE POWER INC. partner BRUCE POWER A INC. By: �r' By: , ' _ Duncan Hawthorne Duncan Hawthorne Chief Executive Officer Chief Executive Officer By: i watt By: M At" PAL Brian G. Armstrong Q.C. Brian G. Armstrong Q.C. Executive Vice President and General Executive Vice President and General Counsel Counsel BRUCE POWER LAW DIVISION Approved: Date:171f4Cki - 34 - T951056\TOR LAW\ 7260448\33 Schedules Schedule 1.1.7 - List of Assumed Contracts Schedule 1.1.46 - Form of OPG Assumption Agreement Schedule 1.1.66 - Sewage Treatment Agreements Schedule 2.3 - Assignment and Assumption Agreement for the Assumed Contracts Schedule 2.4 - Water and Sewage Service Agreement Schedule 2.6.2 - Form of OPG Easement Agreement Schedule 2.6.3 - Form of Third Party Easement Schedule 2.11 - Air Monitoring Station Licence Schedule 5.8 - Form of Agreements with LIUNA, PWU and UA -35 T95I056\TOR LAW\ 7260448\33 SCHEDULE 1.1.7 LIST OF ASSUMED CONTRACTS 1. Bi -Ax International Inc. 2. Greenfield Ethanol Inc. 3. Steelback Brewery Inc. 4. PWU Training Inc. - 36 - T951056\TOR LAW\ 7260448\33 SCHEDULE 1.1.46 FORM OF OPG ASSUMPTION AGREEMENT WATER AND SEWAGE SERVICE AGREEMENT CONDITIONAL ASSUMPTION AGREEMENT ONTARIO POWER GENERATION INC., - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE -and - OPG - HURON COMMON FACILITIES INC. •, 2011 -37 T951056\TOR_LAW\ 7260448\33 ARTICLE 1 DEFINITIONS AND INTERPRETATION 1 1.1 Definitions 1 1.2 Schedules 2 1.3 Headings and Table of Contents 2 1.4 Gender and Number 3 1.5 Currency 3 1.6 Statutes 3 1.7 Invalidity of Provisions 3 1.8 Entire Agreement 3 1.9 Waiver, Amendment 4 1.10 Governing Law 4 1.11 Preparation of Agreement 4 ARTICLE 2 COVENANTS 4 2.1 Assumption at Expiration of Lease 4 2.2 Termination of Prior Agreements 5 2.3 Common Facilities' Agent 5 ARTICLE 3 REPRESENTATIONS AND WARRANTIES 6 3.1 Representations and Warranties of OPG 6 3.2 Representations of the Municipality 6 ARTICLE 4 INDEMNITIES AND RELEASES 6 4.1 Indemnity in Favour of OPG 6 4.2 Release 6 4.3 Third Party Beneficiary Matters 7 ARTICLE 5 GENERAL CONTRACT PROVISIONS 7 5.1 Notice 7 5.2 Further Assurances 9 5.3 Assignment and Enurement 9 5.4 Counterparts 9 - 38 - T951056\TOR_LAW\ 7260448\33 WATER AND SEWAGE SERVICE AGREEMENT CONDITIONAL ASSUMPTION AGREEMENT THIS AGREEMENT is dated as of the • day of November, 2011. BETWEEN: ONTARIO POWER GENERATION INC., a corporation incorporated under the laws of Ontario ( "OPG ") - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE ( "Municipality ") - and - OPG - HURON COMMON FACILITIES INC., a corporation incorporated under the laws of Ontario ( "Common Facilities ") RECITALS: A. Bruce Power L.P. ( "Bruce Power ") and the Municipality have entered into a Water and Sewage Service Agreement dated November 15, 2011. B. Pursuant to the Lease, OPG and Common Facilities lease to Bruce Power the Bruce Power Site and other lands. C. The Municipality wishes OPG to agree to be bound by and, to the extent provided for in this Agreement, to assume the ongoing obligations of Bruce Power under the provisions of the Water and Sewage Service Agreement upon the expiration or earlier termination of the Lease. NOW THEREFORE in consideration of the mutual covenants set forth in this Agreement and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Parties agree as follows: ARTICLE 1 DEFINITIONS AND INTERPRETATION 1.1 Definitions In this Agreement, capitalized terms not otherwise defined in their Agreement shall have the meaning attributed to them in the Water and Sewage Service Agreement, and the following terms as used in this Agreement have the following respective meanings: - 39 - T951056\TOR_LAW\ 7260448\33 (a) "Agreement" means this Water and Sewage Service Agreement Conditional Assumption Agreement and all Schedules attached to this Agreement, in each case as they may be amended, supplemented, replaced or restated from time to time, and unless otherwise indicated, references to recitals, Articles, sections, paragraphs, Schedules and Appendices are to recitals, Articles, sections, paragraphs, Schedules and Appendices in this Agreement. (b) "Assumption Date" means the earlier of the expiry or the termination of the Lease. (c) "including ", "included" and "include" means including, included or include, each without limitation. (d) "Indemnified Parties" has the meaning set forth in section 4.1. (e) "Lease" means the amended and restated lease agreement dated as of May 12, 2001 among OPG, Bruce Power, and others pursuant to which Bruce Power leases the Bruce Power Site, as amended, supplemented, replaced or restated from time to time. (f) "Municipal Agreement" means the Sewage Treatment Plant and Water Tower Assets and Related Easements Transfer Agreement (Bruce Power - Kincardine) dated October 20, 2011 between Bruce Power and the Municipality. (g) "Parties" means the parties to this Agreement and "Party" means any one of the Parties. (h) "Subsidiaries" means OPG - Huron A Inc., OPG - Huron B Inc., OPG - Huron Common Facilities Inc. and OPG Waste Inc., or any of them. (i) "Transferred Assets" has the meaning attributed thereto in the Municipal Agreement. (j) "Water and Sewage Service Agreement" means the Water and Sewage Service Agreement dated November 15, 2011 between Bruce Power and the Municipality annexed hereto as Schedule "A ". 1.2 Schedules The following are the Schedules attached to this Agreement: Schedule "A" - Water and Sewage Service Agreement. 1.3 Headings and Table of Contents The inclusion of headings and a table of contents in this Agreement are for convenience of reference only and shall not affect the construction or interpretation of this Agreement. - 40 - T951056\TOR LAW\ 7260448\33 1.4 Gender and Number In this Agreement, unless the context otherwise requires, words importing the singular include the plural and vice versa and words importing gender include all genders. 1.5 Currency Except where otherwise expressly provided, all amounts in this Agreement are stated and shall be paid in Canadian currency. 1.6 Statutes Any reference in this Agreement to a statute or to a regulation or rule promulgated under a statute or to any provision of a statute, regulation or rule shall be a reference to the statute, regulation, rule or provision, as amended, re- enacted or replaced from time to time. 1.7 Invalidity of Provisions Each of the provisions contained in this Agreement are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Agreement. To the extent permitted by Applicable Law, the Parties waive any provision of Applicable Law that renders any provision of this Agreement invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 1.8 Entire Agreement This Agreement constitutes the entire agreement between the Parties pertaining to the subject matter of this Agreement and supersedes all prior negotiations, understandings, discussions and agreements whether oral or written relating to the subject matter hereof including any agreements relating to the operations, costs and services to be provided to the Municipality relating to the Sewage Treatment Plant or any Transferred Assets. There are no warranties, conditions, or representations (including any that may be implied by statute) and there are no agreements in connection with such subject matter except as specifically set forth or referred to in this Agreement. No reliance is placed on any warranty, representation, opinion, advice or assertion of fact made either prior to, contemporaneous with, or after entering into this Agreement or any amendment or supplement thereto, by any Party to this Agreement or its partners, directors, officers, employees or agents, to any other Party to this Agreement or its partners, directors, officers, employees or agents, except to the extent that the same has been reduced to writing and included as a term of this Agreement and none of the Parties to this Agreement has been induced to enter into this Agreement or any amendment or supplement by reason of any such warranty, representation, opinion, advice or assertion of fact. Accordingly, there shall be no liability, either in tort or in contract, assessed in relation to any such warranty, representation, opinion, advice or assertion of fact, except to the extent contemplated above. -41 T9510561TOR_LAW\ 7260448\33 1.9 Waiver, Amendment Except as expressly provided in this Agreement, no amendment or waiver of this Agreement shall be binding unless executed in writing by the Party to be bound thereby. No waiver of any provision of this Agreement shall constitute a waiver of any other provision nor shall any waiver of any provision of this Agreement constitute a continuing waiver or operate as a waiver of, or estoppel with respect to, any subsequent failure to comply, unless otherwise expressly provided. 1.10 Governing Law This Agreement shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein. 1.11 Preparation of Agreement The terms and conditions of this Agreement are the result of negotiations between the Parties and the Parties agree that this Agreement shall not be construed in favour of or against any Party by reason of the extent that any Party or its professional advisors participated in the preparation of this Agreement. ARTICLE 2 COVENANTS 2.1 Assumption at Expiration of Lease Provided that the Water and Sewage Service Agreement is in full force and effect and the Municipality is not then in default of its obligations thereunder, OPG will assume, and will observe and perform, Bruce Power's obligations under the Water and Sewage Service Agreement which are to be performed thereunder as of and from the Assumption Date, subject to the following: (a) OPG shall have no liability for, or obligation to correct, or obligation to indemnify the Municipality for, any default, act or omission of Bruce Power occurring on or prior to the Assumption Date; (b) in no event will OPG be subject to any rights of set -off or defences that the Municipality may be able to assert against Bruce Power or against others, or arising in respect of matters occurring on or prior to the Assumption Date; (c) OPG will not be bound by any amendments, modifications or waivers, whether written or oral, to the Water and Sewage Service Agreement, unless they are amendments made in writing, executed by Bruce Power and the Municipality, and consented to in writing by OPG; and (d) nothing in section 2.1(c) will prevent Bruce Power and the Municipality from terminating the Water and Sewage Service Agreement, in which case OPG will cease to have any obligations under this Agreement. -42 T951056 \TOR_LAW\ 7260448\33 2.2 Termination of Prior Agreements OPG and the Municipality hereby agree: (a) to terminate the following agreements (collectively, the "Sewage Treatment Agreements ") with immediate effect: (i) Sewage Treatment Plant Operation Agreement between Ontario Hydro and The Corporation of the Township of Kincardine dated December 23, 1992 with a perpetual term; (ii) Sewage Services Agreement between Ontario Hydro and The Corporation of the Village of Tiverton dated September 20, 1990 with a perpetual term; and (iii) Agreement concerning, among other things, Inverhuron sewage treatment between Ontario Hydro and The Corporation of the Township of Bruce dated June 28, 1995 with a term until December 31, 1999. (b) that except for this Agreement, the Municipal Agreement, the Water and Sewage Service Agreement and any agreement or acknowledgement entered into in connection with the transaction whereby the Transferred Assets are transferred to Municipality, Municipality will not enforce against OPG or Common Facilities any other agreement, writing, memorandum, or understanding between the Parties (or any predecessors thereof) in any way relating to or involving the Sewage Treatment Plant, the lands upon which it is located or, directly or indirectly, related to any services provided to Municipality or any third party through the operations of the Sewage Treatment Plant. 2.3 Common Facilities' Agent Common Facilities on behalf of itself and its successors and assigns, hereby appoints OPG, its successors and assigns to act as its agent for the purposes of performing all of the Common Facilities' obligations, and exercising all the Common Facilities' rights and remedies, under this Agreement, including receiving any payments payable under this Agreement or the Water and Sewage Service Agreement, giving and receiving notices, certificates and reports, exercising any discretion on the part of the Common Facilities under this Agreement or the Water and Sewage Service Agreement, providing all consents or approvals, executing certificates, entering into agreements contemplated hereby. This appointment of OPG as agent shall continue until such time as the Common Facilities gives written notice to OPG and Municipality revoking the appointment of OPG as its agent. Any acknowledgement, consent, approval, certificate or other document or agreement which relates generally or specifically to this Agreement or the Water and Sewage Service Agreement or that is contemplated by this Agreement or the Water and Sewage Service Agreement, given or entered into by OPG shall be binding upon the Common Facilities, its successors and assigns, whether or not such acknowledgement, consent, approval, certificate or other document or agreement indicates that OPG is acting alone or in its capacity as agent for the Common Facilities, its successors or assigns. - 43 - T951056\TOR LAW\ 7260448\33 ARTICLE 3 REPRESENTATIONS AND WARRANTIES 3.1 Representations and Warranties of OPG OPG represents and warrants to the Municipality that this Agreement has been duly authorized, executed and delivered by OPG and Common Facilities and is a valid and binding obligation of OPG and Common Facilities enforceable in accordance with its terms, subject to the usual exceptions as to bankruptcy and the availability of equitable remedies. 3.2 Representations of the Municipality The Municipality represents and warrants to OPG and Common Facilities that: (a) it is the successor to each municipality that is a counterparty to each of the Sewage Treatment Agreements; (b) it has the authority to terminate the Sewage Treatment Agreements; (c) to the best of its knowledge, save and except for this Agreement, the Municipal Agreement, the Water and Sewage Service Agreement, and any agreements or acknowledgements entered into in connection with the transaction whereby the Transferred Assets are transferred to the Municipality, there are no other agreements to which it or any predecessor municipality is a party that concerns the Sewage Treatment Plant; and (d) this Agreement has been duly authorized, executed and delivered by the Municipality and is a valid and binding obligation of the Municipality enforceable in accordance with its terms, subject to the usual exceptions as to bankruptcy and the availability of equitable remedies. ARTICLE 4 INDEMNITIES AND RELEASES 4.1 Indemnity in Favour of OPG The Municipality agrees to indemnify and hold harmless OPG and the Subsidiaries and their respective officers, directors, employees, agents, contractors and those for whom it is in law responsible (collectively, the "Indemnified Parties ") from any and all Claims asserted against the Indemnified Parties directly or indirectly in respect of the Transferred Assets or any defects related thereto (except to the extent caused or contributed to in any material way by the acts or omissions of one or more of the Indemnified Parties) or pursuant to the Municipal Agreement or any agreements entered into pursuant to the Municipal Agreement. 4.2 Release Effective the date hereof, the Municipality hereby releases, discharges and forever acquits the Indemnified Parties from all Claims which the Municipality may suffer or incur relating to the -44 T9510561TOR 7260448\33 Transferred Assets or any defect related thereto other than in respect of any breach of the representations and warranties of OPG or Common Facilities in this Agreement. The Municipality's recourse, if any, relating to the Transferred Assets or any defects related thereto shall be asserted against Bruce Power or others and not against the Indemnified Parties. 4.3 Third Party Beneficiary Matters OPG declares, and Municipality agrees, that OPG holds the benefit of any covenant, release or indemnity that is expressed to include the Indemnified Parties for their benefit as third party beneficiaries under this Agreement and as trustee for the Indemnified Parties. ARTICLE 5 GENERAL CONTRACT PROVISIONS 5.1 Notice Any notice or other communication required or permitted to be given pursuant to this Agreement shall be given or made in writing and shall be served personally upon the party for whom it is intended, or mailed by prepaid registered mail or sent by facsimile or other electronic transmission as follows: (a) in the case of OPG and Common Facilities addressed to: Ontario Power Generation Inc. 700 University Avenue Toronto, Ontario M5G 1X6 Attention: Vice - President, Law and General Counsel Facsimile No.: (416) 592 -1466 - and - Ontario Power Generation Inc. 889 Brock Road; Room 325 Pickering, Ontario L1W 3J2 Attention: Director, Commercial Services and Contracting, Nuclear Refurbishment, Projects and Support E -mail: stephen.mills @opg.com with copy to the OPG's and Common Facilities' Counsel: Torys LLP Suite 3000 TD Waterhouse Tower Toronto Dominion Centre - 45 - T951056\TOR LAW\ 7260448\33 79 Wellington Street West Toronto, Ontario M5K 1N2 Attention: Donald B. Roger and Krista F. Hill Facsimile No.: (416) 865 -7830 (b) in the case of the Municipality addressed to: Municipality of Kincardine 1475 Concession 5, RR #5, Kincardine, Ontario, N2Z 2X6 Attention: CAO Facsimile No.: (519) 396 -8288 With a copy to: Municipality of Kincardine 1475 Concession 5, RR #5, Kincardine, Ontario, N2Z 2X6 Attention: Public Works Department Facsimile No.: (519) 396 -8288 with a copy to the Municipality's counsel at: Magwood, Van De Vyvere, Thompson & Grove — McClement Barristers & Solicitors 215 Durham Street Walkerton, Ontario, NOG 2V0 Attention: George Magwood Facsimile No.: 519- 881 -3595 or to such other address or in care of such other person or to such other facsimile number or e- mail address as any party may from time to time advise the other parties hereto by notice in writing. The date of receipt of such notice or other communication shall be deemed to be the date of delivery of such notice or other communication if delivered personally or, if delivered by facsimile or other electronic transmission, on the first business day next following transmission, or if mailed, on the third business day next following the date of such mailing provided that if at the date of such mailing interruption in the operation of the postal service of Canada does or is likely to delay the mailing, such notice or other communication shall be delivered personally or by facsimile or other electronic transmission. - 46 - T951056\TOR LAW\ 7260448\33 5.2 Further Assurances Each of the Parties shall promptly do, make, execute, deliver, or cause to be done, made, executed or delivered, all such further acts, documents and things as the other hereto may reasonably require from time to time for the purpose of giving effect to this Agreement and shall use reasonable efforts and take all such steps as may be reasonably within its power to implement to their full extent the provisions of this Agreement. 5.3 Assignment and Enurement This Agreement shall enure to the benefit of, and be binding upon, the Parties and their respective successors and permitted assigns. No Party may assign this Agreement without the prior written consent of the other Parties, which consent shall not be unreasonably withheld, delayed or conditioned. 5.4 Counterparts and Execution This Agreement may be executed and delivered by the Parties in one or more counterparts, each of which will be an original, and each of which may be delivered by facsimile, e-mail or other functionally equivalent electronic means of transmission and all of such counterparts, when taken together, shall constitute one and the same agreement. -47 T951056 \TOR LAW\ 7260448\33 IN WITNESS WHEREOF, the Parties have caused this Agreement to be signed by their respective duly authorized officers as of the date first written above. ONTARIO POWER GENERATION OPG - HURON COMMON FACILITIES INC. INC. By: By: Name: Name: Title: Title: By: By: Name: Name: Title: Title: THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE By: Name: Larry Kraemer Title: Mayor By: Name: • Title: CAO - 48 - T951056\TOR LAW\ 7260448\33 SCHEDULE "A" Water and Sewage Service Agreement [to be attached] [END OF SCHEDULE 1.1.46] -49- T951056\TOR_ LAW\ 7260448\33 SCHEDULE 1.1.66 SEWAGE TREATMENT AGREEMENTS 1. Sewage Treatment Plant Operation Agreement between Ontario Hydro and The Corporation of the Township of Kincardine dated December 23, 1992 with a perpetual term. 2. Sewage Services Agreement between Ontario Hydro and The Corporation of the Village of Tiverton dated September 20, 1990 with a perpetual term. 3. Agreement concerning, among other things, Inverhuron Sewage Treatment between Ontario Hydro and The Corporation of the Township of Bruce dated June 28, 1995 with a term until December 31, 1999. [END OF SCHEDULE 1.1.661 - 50 - T951056\TOR LAW\ 7260448\33 SCHEDULE 2.3 ASSIGNMENT AND ASSUMPTION OF ASSUMED CONTRACTS THIS ASSIGNMENT AND ASSUMPTION OF ASSUMED CONTRACTS is made as of the day of November, 2011. BETWEEN: BRUCE POWER L.P. ( "Assignor ") -and - THE CORPORATION OF THE Municipality of KINCARDINE ( "Assignee ") WHEREAS: A. Assignor has agreed to transfer and assign and Assignee has agreed to assume, all of Assignor's right, title and interest in and to certain contracts (the particulars of which are set out for identification purposes on Schedule A) for the supply of untreated industrial water and/or treatment of sewage to persons in the BEC (the "Contracts ") pursuant to a sewage treatment plant and water tower assets and related easements transfer agreement dated August 11, 2010 between the Assignor and Assignee (the "Asset Transfer Agreement "); B. In furtherance of the terms of the Asset Transfer Agreement, Assignor and Assignee have entered into this Assignment and Assumption of Assumed Contracts Agreement (the "Assignment ") and intend that all of Assignor's right, title and interest in and to the Contracts be granted, transferred and assigned to Assignee. IN CONSIDERATION of the sum of $2.00 now paid and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged) the parties hereto hereby agree as follows: 1. The parties hereby acknowledge, confirm and agree that the foregoing recitals are true in substance and in fact. 2. All capitalized terms used but not otherwise defined herein have the meanings ascribed to those terms in the Asset Transfer Agreement unless the context requires otherwise. 3. Assignor hereby assigns all of Assignor's right, title and interest in and to the Contracts to Assignee, with effect as of the date first written above (the "Effective Date "). - 51 - T951056\TOR LAW\ 7260448\33 4. Assignee hereby assumes Assignor's obligations and responsibilities under the Contracts effective as of the Effective Date, and confirms that it has obtained all necessary consents to the assignment of the Contracts. 5. From and after the Effective Date Assignee shall: (a) perform all the obligations and responsibilities of Assignor under the Contracts; and (b) shall indemnify and save harmless Assignor from any claims made by any customer under the Contracts that Assignor may suffer as a result of Assignee's failure to perform such obligations and responsibilities from and after the Effective Date. 6. Except as disclosed to Assignee in writing prior to the Effective Date, to the best of Assignor's knowledge all of the Contracts are in good standing as of the Effective Date. 7. Assignor agrees to indemnify and save harmless Assignee and OPG and their respective affiliates and each of their respective officers, directors, employees and agents (collectively "Indemnified Persons ") from any claims of any customer under the Contracts that Assignee may suffer as a result of Assignor's failure to perform its obligations under any of the Contracts prior to the Effective Date. 8. Assignee acknowledges that OPG and its affiliates, and their respective officers, directors, employees and agents (the "OPG Indemnities ") has had no involvement with any of the Contracts and therefore releases the OPG Indemnities from any claims it may now or in the future have against the OPG Indemnities in connection with, on account of or arising out of the Contracts provided that this release shall be without prejudice to any rights that Assignee may have at any time or from time to time against the OPG Indemnities in connection with the OPG Easements. Assignee acknowledges that Assignor is holding the benefit of this release in trust for the benefit of the OPG Indemnities. 9. Any notice or other communication required or permitted to be given under this Agreement or which a party may wish to give another shall be given in the manner provided for in section 10.2 of the Asset Transfer Agreement. 10. This Assignment shall be an Ontario contract for all purposes and shall be binding upon and enure to the benefit of the parties and their respective successors and assigns. 11. This Assignment may be executed and delivered by the parties in counterparts, each of which when so executed and delivered shall be deemed an original and those counterparts together shall constitute one and the same instrument. Delivery of this agreement by either party may be by electronic transmission and such delivery shall be deemed to constitute valid and effective delivery. IN WITNESS WHEREOF the parties have signed this Assignment on the date written above. - 52 - T951056\TOR LAW\ 7260448\33 THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE By: Name: Larry Kraemer Title: Mayor By: Name: • Title: CAO BRUCE POWER L.P., by its general partner BRUCE POWER INC. By: Duncan Hawthorne Chief Executive Officer By: Brian G. Armstrong Q.C. Executive Vice President and General Counsel [End of SCHEDULE 2.3] - 53 - T951056\TOR LAW\ 7260448\33 SCHEDULE 2.4 WATER AND SEWAGE SERVICE AGREEMENT BRUCE POWER L.P. - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE ■, 2011 - 54 - T951056\TOR LAW\ 7260448\33 TABLE OF CONTENTS Page ARTICLE 1 DEFINITIONS AND INTERPRETATION 1 1.1 Definitions 1 1.2 Interpretation 6 ARTICLE 2 COMMENCEMENT DATE, TERM, RENEWAL AND TERMINATION 6 2.1 Term and Renewals 6 2.2 Assignment to OPG 7 2.3 No Obligation to Renew Lease 7 2.4 Municipal Review 7 2.5 Termination 7 ARTICLE 3 WATER SUPPLY 8 3.1 Contracted Quantity 8 3.2 Water Tower 8 3.3 Water Pressure 8 3.4 Varying Contracted Quantity 8 3.5 Supply Point 8 3.6 Industrial Non - potable Water 8 3.7 Quantity Measurement 9 3.8 Bruce Power Equipment 9 ARTICLE 4 WATER RATES 9 4.1 Rates 9 4.2 Annual Rate Adjustment 9 4.3 Annual Report 9 4.4 Ten Year True Up 9 4.5 Land Credit 10 4.6 Invoicing 10 4.7 Overdue Payments 10 4.8 Non - payment Not Excused 10 ARTICLE 5 EFFLUENT 11 5.1 Use of Pipe 11 5.2 Effluent Only 11 5.3 Excess Capacity 11 ARTICLE 6 DELAY, REDUCTION OR INTERRUPTION OF SERVICES 11 6.1 Availability of Services 11 6.2 Delay, Reduction or Interruption of Services 11 6.3 Consultation/Notice of Interruption 12 6.4 Mitigation by Municipality 12 6.5 Notification by Municipality 12 6.6 Liaison 12 - 55 - T951056 \TOR_LAW\ 7260448\33 TABLE OF CONTENTS (continued) Page ARTICLE 7 METERING, MAINTENANCE, REPAIRS AND LIMITED WARRANTY 13 7.1 Meters 13 7.2 Compatibility 13 7.3 Estimates 13 7.4 Meter By -pass Lines 13 7.5 Calibration 13 7.6 Maintenance and Repair 13 7.7 Limited Warranty 16 7.8 Labour Rates 16 ARTICLE 8 MUNICIPALITY'S EQUIPMENT AND OPERATIONS 16 8.1 Municipality Equipment 16 8.2 Maintenance of Municipality Equipment 17 8.3 No Liability 18 8.4 Permits and Approvals 18 8.5 Insurance 18 ARTICLE 9 SEWAGE TREATMENT CAPACITY ALLOCATION 19 9.1 Sewage Capacity Waiver 19 9.2 Reservation 19 9.3 Mutual Aid for Bruce Power 19 9.4 Mutual Aid for Municipality 19 9.5 Connections 20 ARTICLE 10 MUNICIPALITY IN DEFAULT 20 10.1 Default 20 10.2 Additional Rights 20 ARTICLE 11 LIABILITY 21 11.1 Indemnity 21 11.2 Exclusion of Certain Damages 21 11.3 Limit of Liability 22 11.4 Assumption of Risk 22 11.5 Benefit of the Release, Waiver and Indemnity 22 ARTICLE 12 NOTICES 22 12.1 Notices 22 ARTICLE 13 DISPUTE RESOLUTION 24 13.1 Negotiation 24 ARTICLE 14 GENERAL CONTRACT PROVISIONS 26 14.1 Waiver 26 - 56 - T951056\TOR LAW\ 7260448\33 TABLE OF CONTENTS (continued) Page 14.2 Force Majeure 26 14.3 Public Notices 26 14.4 Successors and Assigns 27 14.5 Entire Agreement 27 14.6 Applicable Law 27 14.7 Amendments 27 14.8 Confidentiality 27 14.9 Execution and Delivery 28 14.10 Severability 28 14.11 Further Assurances 28 14.12 Preparation of Agreement 29 -57 T951056 \TOR LAW\ 7260448\33 THIS WATER AND SEWAGE SERVICE AGREEMENT is made as of the day of November, 2011. BETWEEN: BRUCE POWER L.P. ( `Bruce Power ") - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE ( "Municipality ") WHEREAS: A. As a result of certain transactions completed in accordance with certain agreements between Municipality and Bruce Power and between Bruce Power and OPG, Municipality: (i) became the owner of the Sewage Treatment Plant and the Water Tower and certain related pipes and equipment; (ii) agreed with Bruce Power to assume from Bruce Power certain agreements for the provision of Water to users in the BEC; and (iii) agreed to provide for Bruce Power's use and benefit the Sewage Capacity Waiver; and Bruce Power will accept for discharge into Lake Huron certain Effluent from the Sewage Treatment Plant. B. The Parties are entering into this Agreement to set out the terms and conditions upon which: (i) Municipality shall purchase and Bruce Power shall sell Water; (ii) Bruce Power will accept Effluent from Municipality for discharge; and (iii) Municipality will provide the Sewage Capacity Waiver. NOW THEREFORE in consideration of the mutual covenants set forth in this Agreement and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Parties hereto agree as follows: ARTICLE 1 DEFINITIONS AND INTERPRETATION 1.1 Definitions In this Agreement, in addition to terms defined elsewhere in this Agreement the following terms, unless the context otherwise requires, have the following meanings: (a) "Applicable Law" means, collectively, all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws, legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, as amended from time to time; and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory - 58 - T951056\TOR LAW\ 7260448\33 body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law, as amended from time to time. (b) "BEC" means the lands and premises comprising Plan 3M -113 registered in the Land Registry Office for the Land Titles Division of Bruce (No. 3) and commonly referred to as the Bruce Energy Centre. (c) `BNPD" means the Bruce Nuclear Power Development located in Municipality of Kincardine, Ontario. (d) "Bruce Power" means Bruce Power L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power L.P. resulting from any merger, arrangement or other reorganization of or including Bruce Power L.P. or any continuance under the laws of another jurisdiction. (e) "Bruce Power Equipment" means all equipment, facilities and systems located on the Bruce Power Site: (i) that in respect of Water is on the Bruce Power "side" of the Terminal Isolation Valve, whether owned or leased, operated and maintained by, or on behalf of Bruce Power used for the supply of Water to Municipality and includes any Meters in connection therewith and the Terminal Isolation Valve; and (ii) the Effluent Pipe west of the Effluent Transition Point. (f) "Bruce Power Site" means that part of the BNPD leased by Bruce Power pursuant to the Lease located inside the perimeter fence between the Tie Road and Lake Huron. (g) "Bruce Power Work Expense Share" has the meaning ascribed thereto in section 7.6(a)(i). (h) "Business Day" means any day other than a Saturday, Sunday or any other day that is a statutory holiday in Ontario. (i) "Claims" means claims, suits, proceedings, liabilities, obligations, losses, damages, penalties, interest, orders (including orders issued by any Governmental Authority), judgments, costs, expenses, fines, disbursements, legal fees on a substantial indemnity basis, interest, demands and actions of any nature or any kind whatsoever. (j) "Confirmation Notice" has the meaning ascribed thereto in section 7.6(c)(ii). (k) "Commercially Reasonable Efforts" means efforts which are designed to enable a Party, directly or indirectly, to satisfy or perform its obligations under this Agreement and which do not require the performing Party to expend any funds or assume liabilities other than expenditures and liabilities which are reasonable in nature and amount in the context of such obligations or, where applicable, usual commercial practice. (1) "Commencement Date" means November ■, 2010. -59 T9510561TOR_ LAWN 7260448\33 II I (m) "CPI" means the Statistics Canada Consumer Price Index (Ontario All Items) as same may be amended, reset, changed or replaced from time to time with October 2010 as the base. (n) "Direct Losses" means all damage, losses, liabilities, penalties, fines, assessments, claims, actions, cost, expenses (including the cost of legal or professional services, legal cost being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses. (o) "Effluent" means sewage treated at the Sewage Treatment Plant to the standard for discharge into Lake Huron required by Applicable Law including the relevant certificate of approval issued to Municipality by the applicable Government Authority. (p) "Effluent Pipe" means that part of the pipe that discharges Effluent from the Sewage Treatment Plant into Lake Huron located on the Bruce Power Site between the Effluent Transition Point and Lake Huron. (q) "Effluent Transition Point" means the point at which the Effluent Pipe intersects with the fence around the Bruce Power Site on the Lake Huron side of the Tie Road at GPS coordinates N. 4905836.9 E. 453474.3. (r) "Force Majeure Events" has the meaning ascribed thereto in section 14.2(a). (s) "Governmental Authority" means any federal, provincial, state, municipal or local government, parliament or legislature, or any regulatory authority, agency, tribunal, commission, board or department of any such government, parliament or legislature, or any court or other law, regulation or rule- making entity, or any arbitrator, each having or reasonably purporting to have jurisdiction in the relevant circumstances, including, for greater certainty, any Person acting or reasonably purporting to act under the authority of any Governmental Authority. (t) "Indirect Losses" means (i) punitive exemplary or aggravated damages; (ii) loss of profits, loss of use, loss of production, loss of business or loss of business opportunity; or (iii) a claim for consequential loss or for indirect loss of any nature suffered or allegedly suffered by any person. (u) "Initial Term" has the meaning ascribed thereto in section 2.1(b). (v) "Lease" means the lease between Bruce Power and OPG and others pursuant to which Bruce Power leases the Bruce Power Site. (w) "Limited Warranty" has the meaning ascribed thereto in section 7.7. (x) "Limited Warranty Period" has the meaning ascribed thereto in section 7.7. (y) "Losses" means Direct Losses and Indirect Losses. - 60 - T951056\TOR LAW\ 7260448\33 (z) "Meter" means any measuring devices and associated equipment that Bruce Power determines are needed to determine the quantity of Water supplied under this Agreement. (aa) "Municipality" means The Corporation of the Municipality of Kincardine and any successor municipal corporation. (bb) "Municipality Equipment" means the Sewage Treatment Plant, the Water Tower, and all pipes, equipment, facilities and systems owned, operated and maintained by and required by Municipality for receiving and distributing Water and receiving and transporting sewage for treatment and discharging Effluent. (cc) "Municipality Work Expense Share" has the meaning ascribed thereto in section 7.6(a)(ii). (dd) "Notice" has the meaning ascribed thereto in section 12.1. (ee) "Nuclear Law" means all federal, provincial or municipal statutes, regulations, by -laws, permits, orders, decisions or rules, and any legally enforceable policies or guidelines of any Governmental Authority, relating specifically to the regulation of nuclear power plants and nuclear material, including the Nuclear Energy Act (Canada), the Nuclear Liability Act (Canada), and the Nuclear Safety and Control Act (Canada) and the respective regulations thereunder and any regulatory guidance documents, directives, standards and policies issued from time to time by the Canadian Nuclear Safety Commission or its predecessor or any successor organization. (ff) "Objection Notice" has the meaning ascribed thereto in section 7.6(c)(ii). (gg) "OPG" means Ontario Power Generation Inc., a corporation incorporated under the laws of Ontario, and includes any successor to Ontario Power Generation Inc. resulting from any amalgamation, merger, arrangement or other reorganization of or including Ontario Power Generation Inc. or any continuance under the laws of another jurisdiction. (hh) "OPG Assumption Agreement" means the Water and Sewage Service Agreement Conditional Assumption Agreement dated as of the 15th day of November, 2011 between OPG, Municipality and OPG- Common Facilities whereby OPG and OPG- Common Facilities Inc. agree to assume the obligations of Bruce Power under this Agreement on and subject to the terms of the OPG Assumption Agreement upon the termination or expiry of the Lease. (ii) "Parties" means Bruce Power and Municipality and a "Party" means either of them. (jj) "Person" means any individual, sole proprietorship, partnership, firm, entity, unincorporated association, unincorporated syndicate, unincorporated organization, trust, body corporate, and where the context requires any of the -61 T951056 \TOR_LAW\ 7260448\33 foregoing when they are acting as trustee, executor, administrator or other legal representative. (kk) "Post Lease Term" has the meaning ascribed thereto in section 2.1(c). (11) "Prime Rate" means the rate of interest per annum established and reported by the Toronto Dominion Bank to the Bank of Canada from time to time as the reference rate of interest for determination of interest rates that the Toronto Dominion Bank charges to its Customers for Canadian dollar loans made in Canada by such bank. (mm) "Reply Period" has the meaning ascribed thereto in section 7.6(c)(ii). (nn) "Ross Report" means the report prepared by BM Ross titled `BEC Water and Wastewater Infrastructure Review' dated August 12, 2009 a copy of which has been provided to Municipality by Bruce Power. (oo) "Senior Conference" has the meaning ascribed thereto in section 13.1. (pp) "Services" means the supply of Water by Bruce Power to Municipality and acceptance of Effluent for discharge into Lake Huron by Bruce Power from Municipality in accordance with and subject to the terms of this Agreement. (qq) "Sewage Capacity Waiver" has the meaning ascribed thereto in section 9.1. (rr) "Sewage Treatment Plant" means the sewage and wastewater reception and treatment plant and the associated influent and effluent piping system, located at 1842 Concession #2, Township of Bruce, ON. and legally described as Part of Lots 11 and 12 Concession "A" Lake Range, Municipality of Kincardine designated as Parts 5 and 6 Plan 3R -7015. (ss) "Term" means the Initial Term together with the Post Lease Term. (tt) "Terminal Isolating Valve" means the Water service valve located at the Terminal Point that connects to Municipality Equipment. (uu) "Terminal Point" means that point located at GPS coordinates N. 4906848.30 E. 454024.99. Provided that, once a water meter is installed in connection with the Terminal Point, "Terminal Point" will mean that point in the water pipe immediately "downstream" of the isolation valve on the downstream side of the water meter. (vv) "Water" means untreated, non - potable water from Lake Huron supplied through the Bruce Power Site at a pressure of between 275 Kpa (g) and 550 Kpa (g) (40- 80 psi (g)) to the Terminal Isolating Valves at the Terminal Point. -62 T9510561TOR_LAW\ 7260448\33 (ww) "Water Tower" means the water tower and related lands occupied by or used in conjunction with the water tower being part of Lot 18 on Plan 3M -113 designated as Part 2 on Plan 3R -6087. (xx) "Work" has the meaning ascribed thereto in section 7.6(a). (yy) "Work Notice" has the meaning ascribed thereto in section 7.6(c)(i). 1.2 Interpretation In this Agreement: (a) words denoting the singular include the plural and vice versa and words denoting any gender include all genders; (b) the word "including" shall mean "including, without limitation "; (c) when calculating the period of time within which or following which any act is to be done or step taken, the date which is the reference day in calculating such period shall be excluded; (d) all dollar amounts are expressed in Canadian dollars, unless otherwise indicated; and (e) the division of this Agreement into separate Articles, Sections, Subsections and Schedule(s), the provision of a table of contents and the insertion of headings is for convenience of reference only and shall not affect the construction or interpretation of this Agreement. ARTICLE 2 COMMENCEMENT DATE, TERM, RENEWAL AND TERMINATION 2.1 Term and Renewals (a) Subject to earlier termination rights provided in the Lease, the current term of the Lease ends on December 31, 2018. The Lease provides for consecutive renewal periods of up to 25 years as follows: (i) the first renewal is for a period of one (1) year; and (ii) each of the second to thirteenth renewals is for a period of two (2) years. (b) Subject to earlier termination in accordance with section 2.5, the initial term (the "Initial Term ") of this Agreement will start on the Commencement Date and end on the termination or expiry of the Lease (including for the period of any renewal term of the Lease). (c) Upon the termination or expiry of the Lease the term of this Agreement will be automatically renewed in perpetuity for consecutive periods of one year -63 T951056\TOR_ LAW\ 7260448\33 commencing on the date that the Lease expires or is terminated (the "Post Lease Term ") and ending on the date this Agreement is terminated in accordance with section 2.5. 2.2 Assignment to OPG Upon the expiry or earlier termination of the Lease, Bruce Power will not have the ability to continue to provide the Services and shall assign this Agreement to OPG, or the then owner of the BNPD, who will assume Bruce Power's obligations under this Agreement in accordance with the OPG Assumption Agreement whereupon Bruce Power shall have no further obligations to Municipality. 2.3 No Obligation to Renew Lease Bruce Power shall have no obligation to exercise any renewals of the Lease. Bruce Power shall notify Municipality each time Bruce Power exercises a renewal of the Lease at the same time it notifies OPG of the renewal. If Bruce Power determines not to exercise any renewal of the Lease, it shall notify Municipality as soon as reasonably possible. 2.4 Municipal Review Municipality agrees to undertake in five years from the date of this Agreement a review of the feasibility of providing potable water service to the BEC from a source outside of the BNPD and ceasing to source water through the BNPD. 2.5 Termination (a) This Agreement may be terminated: (i) by Bruce Power as provided in section 4.7 or section 7.6 or section 10.1; (ii) by mutual written agreement of the Parties; (iii) by Bruce Power upon Notice to Municipality if Bruce Power, acting reasonably, determines that, or through a Senior Conference or arbitration it is determined that, Municipality has breached any part of section 14.3 [Public Notices] and section 14.8 [Confidentiality]; or (iv) automatically if Municipality commits any act of bankruptcy; has a receiver appointed because of insolvency or in respect of any property; or makes a general assignment for the benefit of creditors. (b) Bruce Power may permanently terminate the supply of Water immediately upon Notice to Municipality where the supply of Water to Municipality is interrupted at Municipality's request and such interruption continues for more than 60 consecutive days during the Term and in such case all of Bruce Power's obligation under this Agreement as they pertain to Water and/or the supply of Water shall be at an end. - 64 - T951056\TOR_LAW\ 7260448\33 ARTICLE 3 WATER SUPPLY 3.1 Contracted Quantity Subject to the provisions of this Agreement, Bruce Power shall supply Municipality Water at the rate of 40 litres per second under normal operating conditions and up to 80 litres per second in and during the period of any emergency, that is where additional water is required for fire fighting purposes, in either event up to a total of up to 35,900 cubic metres per day (the "Contracted Quantity ") 3.2 Water Tower If necessary, and if Bruce Power and the Bruce Power Equipment have the required capacity, Bruce Power will, upon Municipality's request, provide water in addition to the Contracted Quantity in order that Municipality is able to maintain a water level in the Water Tower between 7.7 metres and 9.2 metres respectively. 3.3 Water Pressure The maintenance by Bruce Power of Water at a pressure between 275 Kpa (g) and 550 Kpa (g) (40 -80 psi (g)) pounds per square inch gauge at the Terminal Isolating Valve under the maximum load conditions shall constitute the supply of Water for the purpose of this Agreement. Bruce Power shall use reasonable diligence in supplying Water within the previously mentioned pressure range. However, Bruce Power shall not be liable to Municipality for variations due to fluctuations in demand. 3.4 Varying Contracted Quantity The Parties may alter the Contracted Quantity upon their mutual written agreement. 3.5 Supply Point Water shall be supplied to Municipality at the Terminal Isolation Valve. 3.6 Industrial Non - potable Water The Water is intended for use by customers of Municipality only as untreated industrial water and for fire fighting purposes and is not potable. Municipality will inform all customers that the Water is not potable. 3.7 Quantity Measurement Bruce Power shall measure or take whatever other action is required to measure or determine the quantity of Water supplied to Municipality. It is the intention to meter the supply of Water and base billings therefor on the meter readings. - 65 - T951056\TOR LAW\ 7260448\33 3.8 Bruce Power Equipment Bruce Power shall be responsible for the day -to -day operation and maintenance of the Bruce Power Equipment. Bruce Power shall have no responsibility whatsoever for any of Municipality Equipment. ARTICLE 4 WATER RATES 4.1 Rates The rates for the supply of all Water for the years 2010 and 2011 shall be $ 0.2463 per m Emergency water service for the years 2010 and 2011 shall be $352.94 per month. 4.2 Annual Rate Adjustment Every December during the Term starting December 2011 the rates will be adjusted (with adjusted rates commencing as of January 1 of the following year), in accordance with CPI. 4.3 Annual Report Starting at the end of 2011 and annually thereafter Bruce Power shall provide a report to Municipality detailing the costs incurred by Bruce Power in providing the Services for the year just ended on a full cost recovery basis. One of the purposes of the report will be to enable Municipality to track and compare Bruce Power's actual costs against the adjusted revenue earned by Bruce Power under this Agreement so Municipality can plan for the true up adjustment provided for in section 4.4. 4.4 Ten Year True Up In addition to the adjustment in section 4.2, every 120 months the rates will be subject to a true up adjustment which will be an adjustment to rates that reflect the actual operating and maintenance costs incurred by Bruce Power to supply Water based on a full cost recovery model. For the purposes of such full cost recovery model, actual operating and maintenance costs associated with the supply of Water under this Agreement shall be deemed to include, among other things, an amount to reflect Bruce Power's overhead costs related to labour costs attributable the supply of Water, equal to 29% of such labour costs. If the parties are unable to agree on the true up adjustment, or any aspect thereof, the matter will be dealt with in accordance with Article 13 and until the dispute is resolved, the rates will be the rates that Bruce Power claims to be entitled to, based on its true up calculations. Once any dispute as to the true up has been determined any over or underpayment made in the meantime shall be adjusted by the Parties with interest at the Prime Rate from the date of the overpayment or underpayment to the date the overpayment is refunded or underpayment is paid. - 66 - T951056\TOR LAW\ 7260448\33 4.5 Land Credit To satisfy an objective of Municipality to obtain land in the vicinity of the Sewage Treatment Plant, Bruce Power agrees to provide Municipality with a notional credit of $220,000 to be applied towards invoices for Water as they fall due. The amount of the notional credit has been established on the basis that if Municipality acquired 100 acres of land in the vicinity of the Sewage Treatment Plant it would pay approximately $2,200 per acre and the annual Water charges are notionally $35,000 per annum. The $220,000 credit will be applied to all charges for Water as they are invoiced until the credit is exhausted provided that if the Agreement expires or is terminated before the credit is exhausted any remaining and unused credit will be automatically reduced to zero and Municipality shall not be entitled to any payment or credit on account of any such remaining or unused balance of the credit. 4.6 Invoicing Bruce Power will invoice Municipality for the quantity of Water that has been measured or determined as being used under this Agreement during the previous three months on the fifteenth day of the month following the three -month period or as soon thereafter as practicable. Municipality shall pay such invoice within 30 days after the date of the invoice. Upon reasonable prior Notice to Municipality Bruce Power may adjust the invoicing period to correspond to a calendar quarter. 4.7 Overdue Payments Should Municipality fail to make payments as they become due under this Agreement, interest at an annual rate equal to two (2 %) percent above the Prime Rate on such unpaid amounts shall also become due and payable until payment. Such interest shall be calculated daily from the date on which any payment becomes due and compounded annually. If any invoice remains unpaid for 30 days after the date of the invoice, Bruce Power may, in addition to all other remedies available to it, and after giving to Municipality at least 30 days Notice Bruce Power's intention to do so, discontinue all or any portion of the Services and may refuse to resume supply so long as any past due invoice, plus the aforesaid interest, remains unpaid. If such discontinuance continues for more than 90 consecutive days during the Term as a result of Municipality's failure to make payments as they become due, Bruce Power may at any time after such 90 day period immediately terminate this Agreement upon Notice to Municipality. Notwithstanding any other provision of this Agreement, if Municipality wishes to dispute any payment or charge to which this section relates pursuant to Article 13, it may only do so if it first pays under protest to Bruce Power all amounts claimed by Bruce Power to be owing including any amount in dispute. 4.8 Non - payment Not Excused Delay, reduction or interruption of the supply of Water by Bruce Power in accordance with this Agreement shall not excuse Municipality from the continuing obligation to pay for Water supplied prior, or subsequent, to the delay, reduction or interruption at the times that such payment is due hereunder. - 67 - T951056\TOR LAW\ 7260448\33 ARTICLE 5 EFFLUENT 5.1 Use of Pipe During the Term Municipality shall be entitled to use the Effluent Pipe to discharge up to 2,200 cubic metres of Effluent every 24 hours. Except for applicable Work costs as provided for in section 7.6, there is no charge for this service. 5.2 Effluent Only Only Effluent treated at the Sewage Treatment Plant and that meets the requirements of Applicable Law for discharge into Lake Huron shall be fed into the Effluent Pipe. Municipality will monitor the output from the Sewage Treatment Plant to ensure that only Effluent that meets the requirements of Applicable Law for discharge into a body of water such as Lake Huron is delivered to the Effluent Pipe. Municipality will provide Bruce Power with a copy of the final annual report for the Bruce Energy Centre Sewage Treatment Works that Municipality submits annually to the Ontario Ministry of the Environment. 5.3 Excess Capacity Municipality's use of the Effluent Pipe shall be non - exclusive and any Effluent Pipe capacity in excess of 2,200 cubic metres per 24 -hour period shall be available for use by Bruce Power or any other Person authorized by Bruce Power in Bruce Power's sole and unfettered discretion. ARTICLE 6 DELAY, REDUCTION OR INTERRUPTION OF SERVICES 6.1 Availability of Services Subject to Bruce Power's rights under this Agreement to delay, reduce or interrupt the Services, Services shall be available on an "all day — every day" basis and while Bruce Power will endeavour to start Services to Municipality on the Commencement Date and continue that supply thereafter, Bruce Power shall not be responsible for any Losses suffered by Municipality if the supply of Services is delayed, reduced or interrupted from time to time regardless of the nature or extent of or the reason for the delay, reduction or interruption even if Bruce Power was advised by Municipality or any other Person of the potential for such Losses. 6.2 Delay, Reduction or Interruption of Services Bruce Power may, acting reasonably, reduce, interrupt or discontinue the supply of Services at any time and to such extent as Bruce Power deems necessary, including without limitation: (a) for its own use if its regular supply of Water or Effluent discharge capacity is unavailable for any reason; (b) for safeguarding life, preventing personal injury, public health reasons, environmental considerations or preservation or protection of property; - 68 - T9510561TOR LAW\ 7260448\33 (c) for ensuring the safety, stability and reliability of Bruce Power Equipment; (d) for construction, maintenance, operation, repair, replacement, extension or relocation of Bruce Power Equipment; (e) where Municipality fails to operate Municipal Equipment as required by this Agreement; and /or (f) if there is any delay relating to the obtaining of a consent or approval from a third party, including from a Governmental Authority under Applicable Law, which is required for Bruce Power's operations. 6.3 Consultation/Notice of Interruption As far as it is within its power so to do, Bruce Power shall use Commercially Reasonable Efforts to limit the frequency and duration of reductions or interruptions in the supply of Services. Bruce Power will provide Municipality with as much advance notice as possible of any reduction or interruption of the supply of Services, provided that no advance notice shall be required in the case of an actual or apprehended emergency, but notice will be given to Municipality as soon after the reduction or interruption has started as is reasonable in the circumstances. Bruce Power will endeavour to schedule planned reductions or interruptions of the supply of Services at times mutually agreeable to Bruce Power and Municipality, but failing such agreement, Bruce Power may start a planned reduction or interruption upon 10 days prior Notice to Municipality. 6.4 Mitigation by Municipality Municipality will use Commercially Reasonable Efforts to conduct its operations and limit its liability to its customers in order to mitigate any Losses it may suffer because of any reduction, interruption or delay of the supply of Services. 6.5 Notification by Municipality Municipality will promptly notify Bruce Power of any condition or matter relating to Municipality Equipment that may affect any aspect of the Supply of Services. 6.6 Liaison The Parties agree to establish a liaison process as a forum for consultation concerning the Services and the administration of this Agreement. Without limiting Bruce Power's rights under this Agreement to delay, reduce or interrupt the Services, the liaison process will include discussing short, medium and long -term supply issues and the scheduling of planned service outages with the intention of providing as much notice as is possible in the circumstances of any delay, reduction or interruption in the Services. -69 T951056 \TOR_LAW\ 7260448\33 ARTICLE 7 METERING, MAINTENANCE, REPAIRS AND LIMITED WARRANTY 7.1 Meters Bruce Power shall provide at its expense a Meter at or near the Terminal Point to meter the quantity of Water supplied to Municipality under this Agreement. Calibration of the Meter shall be conducted by and at the expense of Bruce Power and Bruce Power shall be responsible for repairs to the Meter. 7.2 Compatibility Municipality in its service pipe design shall ensure that a suitable length of straight pipe is installed and maintained after the Meter, the actual length to be determined by pipe diameter and type of Meter flow element employed. The design of this installation is subject to Bruce Power's approval. 7.3 Estimates If for any period any Meter or any part of the measuring process thereof, is not in service, the amount of Water supplied during such period shall be determined by Bruce Power using the best information available. 7.4 Meter By -pass Lines Any Meter by -pass lines will be under Bruce Power's control and normally maintained and tagged in the closed position. 7.5 Calibration If Municipality, acting reasonably, suspects an erroneous reading from the Meter, Municipality may request, and Bruce Power shall arrange to have the Meter recalibrated within 10 Business Days of Municipality's request. If the Meter is found to be out of calibration by greater than 5% ( + / -), Bruce Power shall be responsible for costs related to the recalibration and billing will based on immediately available information that it deems reliable to determine a reasonable adjustment to the Water billings and adjust disputed invoices accordingly. If the Meter is found to be calibrated within +/- 5 %, Municipality shall immediately reimburse Bruce Power for any costs it incurred with the recalibration, and pay any outstanding invoices, plus applicable interest. 7.6 Maintenance and Repair (a) Subject to the provisions of this section 7.6, Bruce Power shall provide repair, maintenance, replacements and capital improvements to the Bruce Power Equipment necessary to supply the Services and in doing so may use its own forces and/or third party contractors, as it sees fit ( "Work "). The costs for any Work in any calendar year as determined by Bruce Power acting reasonably based on information known to it at the time shall be borne by the Parties as follows: - 70 - T951056\TOR_LAW\ 7260448\33 (i) Bruce Power shall pay the first $20,000 ( "Bruce Power Work Expense Share "); and (ii) Municipality shall pay all amounts in excess of the Bruce Power Work Expense Share ( "Municipality Work Expense Share "). (b) Starting December 2011 and every December thereafter during the Term, the Bruce Power Work Expense Share will be adjusted to reflect the change in CPI that has occurred between October in the current calendar year and October of the immediately preceding calendar year (with the adjusted Bruce Power Work Expense Share taking effect as of January 1 of the following year). By way of example, in December 2011, the change in CPI between the months of October 2010 and October 2011 will be determined and applied to adjust the then current Bruce Power Work Expense Share and the adjusted Bruce Power Work Expense Share will come into effect for 2012 on January 1, 2012. Any portion of the Bruce Power Work Expense Share that is not used within the applicable calendar year shall not be carried forward into the next or any succeeding calendar year. In no event will Bruce Power be responsible for the cost of any Work in excess of the Bruce Power Work Expense Share including, for clarity, any increases in the cost of any Work over that initially anticipated by Bruce Power that increases the cost of the Work above the Bruce Power Work Expense Share. (c) Where the cost of any Work during any calendar year will, in Bruce Power's reasonable opinion, exceed the Bruce Power Work Expense Share during such calendar year or where due to unforeseen circumstances have resulted in costs that exceed the Bruce Power Work Expense Share for such calendar year, the following shall apply: (i) Bruce Power shall give Municipality Notice of the Work including reasonable details of the Work, the anticipated cost of the Work and the anticipated amount of the Municipality Work Expense Share in connection therewith ( "Work Notice "). (ii) Municipality will have 30 days from receipt of a Work Notice ( "Reply Period ") to give Bruce Power Notice either that it agrees to the Work contemplated in the Work Notice ( "Confirmation Notice ") or that it objects to that Work and the basis of its objection ( "Objection Notice "). (iii) If Municipality fails to respond to a Work Notice within the Reply Period, it shall be deemed to have delivered a Confitniation Notice within the Reply Period. (iv) If a Confirmation Notice is given, or is deemed to have been given, Municipality shall, within 30 days following the expiry of the Reply Period pay to Bruce Power or otherwise secure (in either case to the satisfaction of Bruce Power) the Municipality Work Expense Share. -71 T951056\TOR_LAW\ 7260448\33 (v) If Municipality delivers an Objection Notice within the Reply Period and the Parties are unable to resolve the objection within the 30 days next following the receipt by Bruce Power of the Objection Notice, Municipality shall fund or otherwise secure (in either case to the satisfaction of Bruce Power) the Municipality Work Expense Share provided that such action by Municipality shall be without prejudice to but shall be a condition precedent to Municipality referring the dispute for resolution in accordance with Article 13. (vi) If Municipality fails to pay or secure the Municipality Work Expense Share as otherwise provided for in this section 7.6, Bruce Power may on 10 days Notice to Municipality discontinue all or any portion of the Services. If such discontinuance continues for more than 90 consecutive days during the Term as a result of Municipality's failure to pay or secure the Municipality Work Expense, Bruce Power may at any time after such 90 day period immediately terminate this Agreement upon Notice to Municipality. Notwithstanding any other provision of this Agreement, if Municipality wishes to dispute any payment or charge to which this section relates pursuant to Article 13, it may only do so if it first pays under protest to Bruce Power all amounts claimed by Bruce Power to be owing including any amount in dispute. (vii) If Municipality fails to pay or secure the Municipality Work Expense Share as otherwise provided for in this section 7.6 or if a dispute under this section 7.6 has been referred for resolution in accordance with Article 13, Bruce Power may, without prejudice to its position in any such resolution of the dispute and otherwise in its absolute and unfettered discretion, proceed with all or part of the Work or hold the Work in abeyance for such period as it sees fit. (viii) For clarity, the Municipality Work Expense Share provided in any Work Notice will be an estimated amount and the final amount of the Municipality Work Expense Share shall be subject to an appropriate upward or downward adjustment once the final cost of the Work has been determined. (d) Notwithstanding any of the foregoing provisions of this section 7.6, if in Bruce Power's reasonable opinion based on information known to it at the time Work is required to respond to an actual or apprehended emergency which involves, or if not dealt with, is likely to involve injury to persons or property, Bruce Power may proceed immediately to have such Work performed without notice to Municipality and without prejudice to Bruce Power's right to claim the Municipality Work Expense Share. Bruce Power will advise Municipality as soon as reasonably practical or possible of the situation and the required Work whereupon Municipality will fund or provide security for the cost of the Work as otherwise provided in this section 7.6. -72 T951056\TORLAW\ 7260448\33 7.7 Limited Warranty Notwithstanding section 7.6, for a period of two years following the Commencement Date (the "Limited Warranty Period "), Bruce Power will pay for the cost of repairs required due to a condition of the Sewage Treatment Plant and the Water Tower (but excluding the land associated with the Sewage Treatment Plant and the Water Tower) not identified in any way through Municipality's due diligence review, including, but not limited to, the Ross Report) ( "Limited Warranty "). Provided however that the following are specifically excluded from the Limited Warranty: (a) replacements; (b) normal wear and tear; (c) any repairs required due to improper maintenance or operation during the Limited Warranty Period; (d) damage due to perils that a prudent owner of similar assets would insure against; (e) damage caused by Force Majeure Events; and (f) repairs that do not individually during the Limited Warranty Period cost less than $25,000 and in any event Municipality will be responsible for the first $25,000 of any repairs for which Bruce Power is liable to pay for in accordance with this section 7.7. 7.8 Labour Rates For the purposes of this Agreement all estimates made by Bruce Power relating to the cost of any repairs, maintenance, replacements or capital improvements shall, absent manifest error, govern. Municipality acknowledges that all costs incurred by Bruce Power in connection with this Agreement that are on a time and materials basis will be costed and charged at the then applicable labour rates under Bruce Power's collective agreements prevailing at the time the work is undertaken. ARTICLE 8 MUNICIPALITY'S EQUIPMENT AND OPERATIONS 8.1 Municipality Equipment Municipality will use Commercially Reasonable Efforts to see that Municipality Equipment conforms to "industry standards" for its intended purpose and shall not knowingly use Municipality Equipment that is not compatible with Bruce Power Equipment. If Municipality Equipment includes substandard parts, whether or not known to Municipality, Municipality will indemnify and save Bruce Power harmless from any Losses it suffers as a result. If Bruce Power identifies any substandard Municipality Equipment, Municipality will take appropriate steps to replace it with "industry standard ". - 73 - T951056 \TOR_LAW\ 7260448\33 8.2 Maintenance of Municipality Equipment Municipality agrees to maintain, provide and install Municipality Equipment according to technical conditions as may be required for safe and economical supply of Services pursuant to this Agreement. The current applicable technical conditions are as follows: (a) Connection Point and Scope of Supply - Water (i) The connection point will be the Terminal Point or as determined by Bruce Power. (ii) Municipality must supply all materials on Municipality's side of the Terminal Point. (b) Design Criteria - Water (i) Municipality Equipment shall be designed to be capable of withstanding water pressures of up to 690 Kpa (100 pounds per square inch gauge). (ii) Watermains shall conform to AWWA standards as applicable. (c) Process Design — Water (i) Municipality's processes shall be designed to accept occasional interruptions. (d) Connection Point and Scope of Supply - Effluent (i) The connection point will be the Terminal Point or as determined by Bruce Power. (ii) Municipality must supply all materials on Municipality's side of the Terminal Point. (e) Design Criteria - Effluent (i) Municipality Equipment shall be designed to discharge Effluent that meets or exceeds the Certificate of Approval requirements for the Sewage Treatment Plant. (ii) Effluent mains shall conform to AWWA standards as applicable. (f) Process Design — Effluent (i) Municipality's processes must be designed to accept occasional interruptions. -74 T951056 \TOR_LAW\ 7260448\33 The foregoing may be amended as considered necessary by Bruce Power in which event a reasonable period of notice shall be provided to Municipality for compliance with any revised technical conditions. 8.3 No Liability Bruce Power shall not be liable for any loss, damage or injury to Municipality due in any way to any failure on the part of Municipality to meet the technical conditions as set forth in this Article 8. 8.4 Permits and Approvals Each Party will obtain and maintain all necessary federal, provincial, municipal or other governmental or administrative approvals for all aspects of its own works. 8.5 Insurance During the Term: (a) Municipality currently maintains and will maintain during the Term the following insurance coverages: (i) Municipal general liability including non -owned automobile liability insurance with limits of $5,000,000 inclusive re bodily injury and property damage per occurrence and $5,000,000 aggregate with respect to products /completed operations. (ii) Umbrella liability insurance with limit of $45,000,000 inclusive re bodily injury and property damage per occurrence. (iii) All risks property insurance with limits $59,354,536 property broad form with $5,000 deductible. (iv) Owned or leased automobile liability and physical damage insurance with limits $5,000,000 inclusive re bodily injury and property damage per occurrence with $5,000 all perils deductible. (v) Boiler and Machinery (accident to object) with limits $5,000 each direct damage accident. (b) The Indemnified Persons shall be shown as additional insureds on all policies of Municipality. (c) Municipality will during the Term periodically increase or otherwise maintain such limits of insurance coverage as would a prudent municipal government in Ontario. -75 T95105 6 \TOR_LA W \ 7260448\33 (d) Municipality shall provide Bruce Power with a certificate from its insurers or their authorized representatives confirming that the foregoing coverages and other requirements are in effect. During the Term, but not more frequently than annually, Bruce Power may request, and Municipality shall provide, current evidence that the foregoing coverages and other requirements remain in effect. ARTICLE 9 SEWAGE TREATMENT CAPACITY ALLOCATION 9.1 Sewage Capacity Waiver If during the seven years next following the Commencement Date (the "Sewage Capacity Waiver Period ") Bruce Power builds a facility outside of the Bruce Power Site that requires sewage treatment service and/or Bruce Power wishes to connect the facility commonly known as the Visitor Centre, any associated development or similar charge allocation for sewage capacity for such facility will be deemed to have been paid ( "Sewage Capacity Waiver "). If not utilized within the Sewage Capacity Waiver Period, the Sewage Capacity Waiver shall be automatically extended for a further seven years. This provision shall survive the termination of this Agreement for the then remaining duration of the Sewer Capacity Waiver or any extension thereof. 9.2 Reservation During the Sewage Capacity Waiver Period or any extension thereof, Municipality shall maintain a reserve of at least 200 cubic metres in each 24 -hour period to accommodate any new facility that Bruce Power may build and /or the Visitor Centre as contemplated in section 9.1. Bruce Power shall pay for the treatment of any sewage from its new facility and/or the Visitor Centre at the then prevailing rates charged by Municipality for similar customers. This provision shall survive the termination of this Agreement for the then remaining duration of the Sewer Capacity Waiver or any extension thereof. 9.3 Mutual Aid for Bruce Power Bruce Power maintains its own separate facilities for treatment of sewage generated by its operations at the Bruce Power Site (the "Bruce Power Treatment Facility ") that are separate and unconnected to the Sewage Treatment Plant and facilities of Municipality. If, due to an emergency or other unforeseen situation, Bruce Power is unable to use all or part of the Bruce Power Treatment Facility for any extended period, Municipality will, at Bruce Power's request, and to the extent that it has treatment capacity, provide sewage treatment services to Bruce Power at a cost equal to the actual incremental cost incurred by Municipality over the cost it otherwise would have incurred for treating sewage during the same period. The decision to accept waste will be at Municipality's sole and unfettered discretion. 9.4 Mutual Aid for Municipality If, due to an emergency or other unforeseen situation, Municipality is unable to use the Sewage Treatment Plant for any extended period, Bruce Power will at Municipality's request, and to the extent that it has treatment capacity, provide sewage treatment services to Municipality at a cost - 76 - T9510561TOR_ LAW\ 7260448\33 equal to the actual incremental cost incurred by Bruce Power over the cost it otherwise would have incurred for treating sewage during the same period. The decision to accept waste will be at the Bruce Power's sole and unfettered discretion. 9.5 Connections The Parties agree to maintain any current connection facilities in place in order to facilitate any exercise of the rights provided for in sections 9.3 and 9.4. ARTICLE 10 MUNICIPALITY IN DEFAULT 10.1 Default (a) If: (i) Municipality fails to perform any obligation under this Agreement; (ii) no specific right to cure the default constituted by such failure is provided for in this Agreement; (iii) such default is susceptible to cure by Municipality; and (iv) Bruce Power has given Notice to Municipality describing the default ( "Notice of Default "), (v) then Municipality shall have 30 days following the Notice of Default to cure the default (or such longer period as Bruce Power acting reasonably may agree to as detailed in a plan to cure the default to be provided by Municipality to Bruce Power within 15 days of Bruce Power's Notice of Default). If the default is not cured within said 30 days or such longer period agreed to by Bruce Power, Bruce Power may, at any time thereafter, terminate this Agreement on Notice to Municipality. (b) If Municipality fails to perform any obligation under this Agreement and such default constituted by such failure is not susceptible to cure by Municipality, Bruce Power may terminate this Agreement on Notice to Municipality at any time following the default. (c) This section 10.1 shall not apply to a default to which section 4.7 or section 7.6 apply. 10.2 Additional Rights (a) The right to discontinue the supply of Services in this Article 10 is in addition to, and not in limitation of, any other right available to Bruce Power under this Agreement or at law in connection with a breach of this Agreement by Municipality and shall not be construed as a breach of contract by Bruce Power. - 77 - T951056\TOR LAW\ 7260448\33 Any such discontinuance shall not relieve Municipality from its obligations to pay for Water as provided in this Agreement or prejudice Bruce Power's rights in connection with the Sewage Capacity Waiver. (b) Whenever this Agreement provides that Bruce Power has the right to terminate this Agreement due to an incurable or uncured default on the part of Municipality Bruce Power may in its sole and unfettered discretion, elect by Notice to Municipality to discontinue any Service instead of terminating this Agreement provided that such election shall be without prejudice to Bruce Power's right to terminate this Agreement at any time after such election on 30 days Notice to Municipality. ARTICLE 11 LIABILITY 11.1 Indemnity Municipality shall indemnify and hold harmless Bruce Power and its partners and OPG and its affiliates and each of their respective partners, officers, directors, employees, agents and those for whom they are in law responsible (collectively, "Indemnified Persons ") from any and all Losses due to third party Claims due to, in connection with, arising out of or in any way related to the Services, including, without limitation: (i) any third party Claim alleging bodily injury, including death, or property damage caused or contributed to by the negligence, gross negligence or wilful misconduct of Municipality or those for whom it is in law responsible; (ii) any third party Claim due to, connected to, arising out of or in any way related to any interruption or suspension or termination of Services in circumstances where Bruce Power is not to be liable to Municipality under this Agreement, from any customer of Municipality relating to the supply of Services based on any incident or occurrence that occurs after the Commencement Date; and (iii) any Effluent or other material, other than Effluent that meets or exceeds the requirements in that regard under any Approval for the operation of the Sewage Treatment Plant, being introduced into the Effluent Pipe from Municipality Equipment ( "Discharge Claim "). Bruce Power shall promptly advise Municipality of any such Claim or Discharge Claim pursuant to the notice provisions of this Agreement. Municipality acknowledges that Bruce Power holds the benefit of the foregoing indemnity in trust for those Indemnified Persons who are not parties to this Agreement. The indemnities provided in this section 11.1 shall survive the expiration or earlier termination of this Agreement indefinitely or for the longest period permitted by Applicable Law. 11.2 Exclusion of Certain Damages Subject to an Indemnified Person's right to claim indemnity for Losses pursuant to section 11.1, in no event, whether in contract, tort or otherwise (including breach of warranty, negligence and strict liability in tort), will a Party be liable to the other Party for Indirect Losses even if such Party has been advised of the possibility of such damages in advance and even if a remedy set forth herein is found to have failed of its essential purpose provided, however, that this exclusion will not apply to a Discharge Claim. - 78 - T951056\TOR_LAW\ 7260448\33 11.3 Limit of Liability To the fullest extent permitted by law, Bruce Power's total liability for damages, or otherwise, resulting from its performance or non - performance under this Agreement or with regards to any other obligations /responsibilities herein (excepting only Bruce Power's obligations pursuant to section 7.7) shall not exceed $50,000 in the aggregate over the Term. 11.4 Assumption of Risk Municipality shall assume all risk, liability or obligation in respect to all damage to Bruce Power Equipment caused or contributed to by acts or omissions of Municipality or those for whom it is responsible in law and the cost of any damage to Municipality Equipment that may occur due to the operation of Bruce Power Equipment. 11.5 Benefit of the Release, Waiver and Indemnity Municipality acknowledges that Bruce Power shall hold the benefit of any indemnities, releases and covenants in this Agreement intended to benefit any Person other than Bruce Power, including the benefit of sections 11.1 and 11.2 as they pertain to OPG or any other Person referred to therein but not a Party or signatory to this Agreement in trust for the benefit of such Persons and that any of the foregoing provisions and any other indemnity, release or covenant provided in favour of Bruce Power in this Agreement, unless specifically provided to the contrary, shall be enforceable by such Person against Municipality and this section 11.5 shall survive the expiration or earlier termination of the Term for the maximum period permitted by Applicable Law. ARTICLE 12 NOTICES 12.1 Notices Any notice or other communication required or permitted to be given under this Agreement (collectively, "Notice "), unless specifically provided for to the contrary in this Agreement, shall be in writing and shall be given by prepaid first class mail, by facsimile or other means of electronic communication or by hand delivery as provided below. Any Notice, if mailed by prepaid first class mail at any time other than during a general discontinuance of postal service due to strike, lockout or otherwise, shall be deemed to have been received on the fourth Business Day after the post marked date thereof. Any Notice or other communication, if sent by facsimile or other means of electronic communication, shall be deemed to have been received on the Business Day following the sending, or if delivered by hand, shall be deemed to have been received at the time it is delivered to the applicable address noted below either to the individual designated below or to an individual at such address having apparent authority to accept deliveries on behalf of the addressee. Notice of change of address shall also be governed by this section 12.1. In the event of a general discontinuance of postal service due to strike, lock -out or otherwise, Notices shall be sent by facsimile or other means of electronic communication and shall be deemed to have been received in accordance with this section 12.1. Notices shall be addressed as follows: - 79 - T951056\TOR_LAW\ 7260448\33 (a) If to Municipality, to: (i) Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: CAO Telecopier number: (519) 396 -8288 (ii) (ii) with copy to: Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: Public Works Department Telecopier number: (519) 396 -8288 (iii) with a copy to the Municipality's counsel at: Magwood, Van De Vyvere, Thompson & Grove — McClement Banisters & Solicitors 215 Durham Street Walkerton, Ontario, NOG 2V0 Attention: George Magwood Facsimile No.: 519 -881 -3595 (b) if to Bruce Power, to: (i) Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: Executive Vice - President and General Counsel Fax No. (519) 361 -4333 (ii) and to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 - 80 - T951056\TOR_LAW\ 7260448\33 Attention: Operations Manager — Property Management Fax No. (519) 361 -1797 (c) Any written correspondence regarding day -to -day activities between Bruce Power and Municipality shall be deemed properly given if faxed, mailed or delivered as follows: (i) on behalf of Municipality, to: Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: Public Works Department Telecopier number: (519) 396 -8288 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: Operations Section Manager Fax No.: (519) 361 -5777 (d) Any verbal correspondence regarding the day -to -day activities between Bruce Power and Municipality shall be made to: (i) Operations Section Manager (telephone number 361 -2673 ext. 15558), or alternatively, (ii) 2nd — Duty Shift, Boilers and Systems Supervisor (telephone number 361- 2673 Ext. 14551). ARTICLE 13 DISPUTE RESOLUTION 13.1 Negotiation If any dispute between the Parties arises under or in connection with this Agreement that is not resolved through the liaison process referred to in section 6.6, the representatives of each Party under the liaison process shall promptly advise its senior management, in writing, of such dispute. Within seven Business Days following delivery of such Notice, a senior manager from each Party shall meet, either in person or by telephone (the "Senior Conference "), to attempt to resolve the dispute. Each senior manager shall be prepared to propose a solution to the dispute. - 81 - T951056\TOR_LAW\ 7260448\33 If the dispute is not resolved within 30 days following the Senior Conference, either Party may deliver an Arbitration Request in accordance with the procedures in this Article. If neither Party delivers an Arbitration Request within one year following the Senior Conference, the Parties shall be deemed to have waived their claims as to such matters. (a) Binding Arbitration. Any matter in issue between the Parties as to their rights under this Agreement may be decided by arbitration at the election of either Party; provided, however, that the Parties have first completed a Senior Conference pursuant to this section 13.1 and satisfied any other preconditions to dispute resolution specifically provided elsewhere in this Agreement. To initiate arbitration a Party may deliver a notice of dispute and request for arbitration (an "Arbitration Request ") to the other Party. Any dispute to be decided by arbitration will be decided by a single arbitrator appointed by the Parties or, if such Parties fail to appoint an arbitrator within 15 days following the receipt of an Arbitration Request, upon the application of either of the Parties, the arbitrator shall be appointed by a Judge of the Superior Court of Justice (Ontario) sitting at Walkerton, Ontario. The arbitrator shall not have any current or past business or financial relationships with any Party (except prior arbitration). The arbitrator shall provide each of the Parties an opportunity to be heard and shall conduct the arbitration hearing in accordance with the provisions of the Arbitration Act, 1991 (Ontario). Unless otherwise agreed by the Parties, the arbitrator shall render a decision within 90 days after the end of the arbitration hearing and shall notify the Parties in writing of such decision and the reasons therefor. The arbitrator shall be authorized only to interpret and apply the provisions of this Agreement and shall have no power to modify or change the Agreement in any manner. The decision of the arbitrator shall be conclusive, final and binding upon the Parties. The decision of the arbitrator may be appealed solely because the conduct of the arbitrator, or the decision itself, violated the provisions of the Arbitration Act, 1991 (Ontario) or solely on a question of law as provided for in the Arbitration Act, 1991 (Ontario). The Arbitration Act, 1991 (Ontario) shall govern the procedures to apply in the enforcement of any award made. If it is necessary to enforce such award, all costs of enforcement shall be payable and paid by the Party against whom such award is enforced. Each Party shall be otherwise responsible for its own costs incurred during the arbitration process. (b) Confidentiality. The arbitration proceedings conducted pursuant hereto shall be confidential. Neither Party shall disclose or permit the disclosure of any information about the evidence adduced or the documents produced by any Party in the arbitration proceedings or about the existence, contents, or results of the arbitration award without the prior written consent of such other Party except as required by order during the course of a judicial or regulatory proceeding or as required by a Governmental Authority, or as required pursuant to the Municipal Freedom of Information and Protection of Privacy Act (Ontario) so long as the Party intending to make such disclosure shall give the other Party prompt notice of the disclosure request to afford the other Party opportunity to protect its interests. -82 T951056\TOR_LAW\ 7260448\33 ARTICLE 14 GENERAL CONTRACT PROVISIONS 14.1 Waiver Any failure by either Party to exercise any right or enforce any remedy under this Agreement shall be limited to the particular instance, and shall not be deemed to be a waiver of any other right or remedy or affect the validity of this Agreement. The exercise by either Party of any rights or remedy hereunder shall not be deemed to waive any other rights or remedy that such Party may have, and such rights or remedies may be exercised and continued concurrently or separately. 14.2 Force Majeure (a) Neither Party shall be held responsible or liable, either directly or indirectly, or be deemed in default or in breach of this Agreement for any loss, damage, detention, delay, failure or inability to meet any of its commitments hereunder caused by or arising from any cause which is unavoidable or beyond its reasonable control, including without limitation war, hostilities, invasion, insurrection, riot, the order of, the action or the failure to act by, any competent civil government (including the Government of Canada, or any provincial or local government thereof or any statutory tribunal of competent jurisdiction), explosion, fire, strikes, lockouts or labour disputes (collectively, "Force Majeure Events ") and the time or times provided for hereunder for performance by both parties shall be extended for a period equivalent to the time any such cause was preventing performance together with any further extension of time as the parties may mutually agree upon. (b) If either Party is unable to perform its obligations hereunder due to a force majeure cause, it shall so notify the other Party in writing, stating the cause and shall use its best endeavour to remove such cause provided, however, that neither Party shall be obligated to resolve or terminate any disagreement with third parties including labour disputes except under conditions acceptable to it or pursuant to the final decision of any arbitral, judicial or statutory agency having jurisdiction to finally resolve the disagreement. 14.3 Public Notices Municipality shall jointly plan and co- ordinate with Bruce Power any public notices, press releases, and any other publicity of Municipality concerning this Agreement and Municipality shall not act in this regard without the prior approval of Bruce Power, unless such disclosure is required to meet timely disclosure obligations of any Party under Applicable Law and stock exchange rules in circumstances where prior consultation with Bruce Power is not practicable and a copy of such disclosure is provided to Bruce Power at such time as it is made to the regulatory authority. Bruce Power shall have the right to make such press releases, without consultation or approval of Municipality, which Bruce Power deems in its sole discretion are required. This provision shall survive expiry of the Term for a period of 2 years. - 83 - T951056\TOR LAW\ 7260448\33 14.4 Successors and Assigns This Agreement shall extend to, be binding upon and enure to the benefit of Bruce Power and of Municipality and their respective successors and permitted assigns (including any successor due to amalgamation of any Party). Municipality may not assign this Agreement or any rights or obligations under this Agreement without the prior written consent of Bruce Power, which consent may be unreasonably withheld in the sole and unfettered discretion of Bruce Power. For greater certainty, Bruce Power may assign its rights or obligations under this Agreement to any third party who is an owner or tenant of the Bruce Power Site at any time immediately upon Notice to Municipality. Upon such assignee providing a written acknowledgement in favour of Municipality that the assignee assumes and is bound by the provisions of this Agreement, Bruce Power will have no further obligations or liability to Municipality under this Agreement. 14.5 Entire Agreement This Agreement, the Schedules attached hereto, and the agreements and other documents required to be delivered pursuant to this Agreement, if any, constitute the entire agreement between the Parties and sets out all the covenants, promises, warranties, representations, conditions, understandings and agreements between the Parties pertaining to the subject matter of this Agreement and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written between the Parties with respect thereto and sets forth the entire, complete and exclusive understanding between the Parties relating to the subject matter hereof. There are no covenants, promises, warranties, representations, conditions, understandings or other agreements, oral or written, express, implied or collateral between the Parties in connection with the subject matter of this Agreement except as specifically set forth in this Agreement and any document required to be delivered pursuant to this Agreement. Except as may be expressly provided to the contrary elsewhere in this Agreement, neither this Agreement nor any provision hereof is intended to confer upon any person other than the Parties any benefits or any rights or remedies hereunder. The execution of this Agreement by the Parties has not been induced by, nor do either of the Parties rely upon or regard as material, any representations, writings covenants, promises, warranties, conditions, understandings and agreements whatsoever not incorporated herein and made part hereof. 14.6 Applicable Law This Agreement shall for all purposes be construed and interpreted according to the laws in force in the Province of Ontario. 14.7 Amendments No amendment, supplement, modification or waiver or termination of this Agreement and, unless otherwise specified, no consent or approval by any Party, shall be binding unless executed in writing by the Party to be bound thereby. 14.8 Confidentiality (a) Except as authorized in writing by the other Party, or as contemplated herein, each Party shall keep confidential all proprietary and confidential information of -84 T951056tTOR_LAW\ 7260448\33 the other made available to it as a result of this Agreement, whether or not marked as such, including, without limitation, all unpublished business and technical information, papers, or records, however produced. These obligations of confidentiality shall survive expiration or earlier termination of this Agreement indefinitely or for the longest period permitted by Applicable Law. (b) Notwithstanding section 14.8(a) each Party may disclose confidential information of the other Party where: (i) it discloses such to a court or arbitrator which has jurisdiction in a particular legal claim, dispute or order; (ii) it discloses such to business entities that are parent companies or subsidiaries of it or any such parent company or an affiliated company of any of the foregoing, and in the case of Bruce Power including Bruce Power A L.P., OPG and its Subsidiaries (collectively, the "Group "); (iii) it discloses such to any of its directors, officers, employees, agents and professional advisors of it or of its Group or of a third party who have a commercially legitimate need -to -know and agree in writing to maintain confidentiality; (iv) it received that information independently; (v) the information becomes public through no breach of this Agreement; or (vi) it is information of the Group that Municipality has been ordered to disclose pursuant to the Municipal Freedom of Information and Protection of Privacy Act (Ontario) after Bruce Power exhausted all available appeals against any such order. 14.9 Execution and Delivery This Agreement may be executed by the Parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles shall together constitute one and the same agreement. 14.10 Severability Each of the provisions contained in this Agreement are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Agreement. To the extent permitted by Applicable Law, the Parties waive any provision of Applicable Law that renders any provision of this Agreement invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. - 85 - T951056\TOR LAW\ 7260448\33 14.11 Further Assurances Each of the Parties shall promptly do, make, execute, deliver, or cause to be done, made, executed or delivered, all such further acts, documents and things as the other hereto may reasonably require from time to time for the purpose of giving effect to this Agreement and shall use reasonable efforts and take all such steps as may be reasonably within its power to implement to their full extent the provisions of this Agreement. 14.12 Preparation of Agreement The terms and conditions of this Agreement are the result of negotiations between the Parties and the Parties agree that this Agreement shall not be construed in favour of or against any Party because of the extent that any Party or its professional advisors participated in the preparation of this Agreement. IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized representatives as of the date first above written. THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE By: Name: Larry Kraemer Title: Mayor By: Name: • Title: CAO BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. By: Name: John Sauger Title: Executive Vice President, Project Management and Construction -86- T951056 \TOR_LAW\ 7260448\33 By: Name: Brian Armstrong, Q.C. Title: Executive Vice President and General Counsel [END OF SCHEDULE 2.4] -87 T951056 \TORLAW\ 7260448133 SCHEDULE 2.6.2 FORM OF OPG EASEMENT AGREEMENT [To be attached to a Transfer /Deed of Land] Additional Property identifier(s) and /or Other Information Easement for Municipal Services WHEREAS the Transferor is the owner in fee simple of those lands and premises more particularly described in the attached transfer of easement (hereinafter called the "Transferor's lands "). WHEREAS the Transferee is a municipal corporation which wishes to install and maintain services on the Transferor's lands for the purpose of providing municipal services including sanitary sewers, and a water delivery system. The Transferor does hereby GRANT, CONVEY, TRANSFER AND CONFIRM unto the Transferee, its successors and assigns the right, liberty, privilege and easement on, over, in, under and/or through the Transferor's lands more particularly described as ■ (hereinafter referred to as the "the said lands ") to survey, lay, construct, maintain, inspect, patrol, alter, remove, replace, reconstruct, repair, move, keep, use and/or operate pipe lines for the transmission of sewage and water including therewith all such buried attachments, equipment and appliances for cathodic protection, both above and below ground which the Transferee may deem necessary or convenient thereto, together with the right of ingress and egress at any and all times over, and under the said lands for its servants and agents, employees and those engaged in its business and their contractors and sub - contractors on foot and/or with vehicles, supplies, machinery and equipment for all purposes necessary or incidental to the exercise and enjoyment of the rights, privileges and easements hereby granted. The parties hereto mutually covenant and agree with each other as follows: 1. Consideration for the rights and interest granted herein shall be the sum of $1.00 of lawful money of Canada (hereinafter called "the consideration "), the acceptance of which is hereby acknowledged by the Transferor, which sum is payment in full for the rights and interest hereby granted, injurious affection to remaining lands and the effect, if any, of registration on title of this document the rights, privileges and easement hereby granted shall continue in perpetuity or until the Transferee shall execute and deliver a surrender thereof. 2. The Transferee shall make to the Transferor due compensation for any physical damages to the said lands resulting from the exercise of any of the rights herein granted, and if the compensation is not agreed upon by the Transferee and the Transferor, it shall be determined by arbitration in the manner prescribed by the Ontario Arbitrations Act, 1991 or any Act passed in amendment thereof or substitution therefore. Any gates, fences and tile drains interfered with by the Transferee shall be restored by the Transferee at its expense as closely as reasonably practicable to the condition in which they existed immediately prior to such interference by the Transferee and in the case of tile drains, such restoration shall be performed in accordance with good drainage practice. - 88 - T951056\ TOR_LAW \ 7260448\33 3. The said i e lines (including attachments, equipment and a p P ( g � appliances for cathodic protection but excluding valves, take -offs and fencing installed under Clause 7 hereof) (but excluding any pipes in place as of the date of this easement) shall be laid to such a depth that upon completion of installation it will not obstruct the natural surface run -off from the said lands nor ordinary cultivation of the said lands nor any tile drainage system existing in the said lands at the time of installation of the said pipe line, provided that the Transferee may leave the said pipe line exposed in crossing a ditch, steam, gorge or similar object. 4. As soon as reasonably practicable after any construction of the said services, the Transferee shall level the said lands and unless otherwise agreed to by the Transferor, shall remove all debris therefrom and in all respects restore the said lands to their former state so far as is practical. 5. The Transferee shall indemnify the Transferor for all losses, costs, damages, claims, injuries, actions and causes of actions which are attributable to the exercise of the rights hereby granted, except to the extent that the losses, costs, damages, claims, injuries, actions and causes of actions have been caused by the negligence or wilful misconduct of the Transferor. 6. In the event that the Transferee fails to comply with any of the requirements set out in Clause 2, 3, or 4 hereof within a reasonable time of the receipt of notice in writing from the Transferor setting forth the failure complained of, the Transferee shall compensate the Transferor (or the person or persons entitled thereto) for any damage, if any, necessarily resulting from such failure. 7. The Transferor shall have the right to fully use and enjoy the said lands except as may be necessary for any of the purposes hereby granted to the Transferee, provided that without the prior written consent of the Transferee, not to be unreasonably withheld, delayed or conditioned, the Transferor shall not excavate, drill, install, erect or permit to be excavated, drilled, installed or erected in, on, over or through the said lands any pit, well, foundation, pavement, building, mobile homes or other structure or installation. Notwithstanding the foregoing the Transferor may erect or repair fences, construct or repair its tile drains and construct or repair its lanes, roads, driveways, pathways, and walks across, on and in the said lands or any portion or portions thereof, provided that any such work is performed in such a manner as not to damage the said pipe line. 8. Notwithstanding any rule of law or equity and even though the said pipe line and its appurtenances may become annexed or affixed to the realty, title thereto shall nevertheless remain in the Transferee. 9. The burden of this easement shall run with the said lands and shall extend to and be binding upon the Transferor, its successors and assigns, and shall enure to the benefit of the Transferee, its successors and assigns. [end of schedule 2.6.2] - 89 - T951056 \TOR_LAW\ 7260448\33 SCHEDULE 2.6.3 FORM OF THIRD PARTY EASEMENT [To be attached to Transfer/Deed of Land] Easement for Municipal Services WHEREAS the Transferor is the owner in fee simple of those lands and premises more particularly described in the attached transfer of easement (hereinafter called the "Transferor's lands "). WHEREAS the Transferee is a municipal corporation which wishes to install and maintain services on the Transferor's lands for the purpose of providing municipal services including sanitary sewers, and a water delivery system. The Transferor does hereby GRANT, CONVEY, TRANSFER AND CONFIRM unto the Transferee, its successors and assigns the right, liberty, privilege and easement on, over, in, under and/or through the Transferor's lands more particularly described as • (hereinafter referred to as the "the said lands ") to survey, lay, construct, maintain, inspect, patrol, alter, remove, replace, reconstruct, repair, move, keep, use and/or operate pipe lines for the transmission of sewage and water including therewith all such buried attachments, equipment and appliances for cathodic protection, both above and below ground which the Transferee may deem necessary or convenient thereto, together with the right of ingress and egress at any and all times over, and under the said lands for its servants and agents, employees and those engaged in its business and their contractors and sub - contractors on foot and/or with vehicles, supplies, machinery and equipment for all purposes necessary or incidental to the exercise and enjoyment of the rights, privileges and easements hereby granted. The parties hereto mutually covenant and agree with each other as follows: 1. Consideration for the rights and interest granted herein shall be the sum of $1.00 of lawful money of Canada (hereinafter called "the consideration "), the acceptance of which is hereby acknowledged by the Transferor, which sum is payment in full for the rights and interest hereby granted, injurious affection to remaining lands and the effect, if any, of registration on title of this document the rights, privileges and easement hereby granted shall continue in perpetuity or until the Transferee shall execute and deliver a surrender thereof. 2. The Transferee shall make to the Transferor due compensation for any physical damages to the said lands resulting from the exercise of any of the rights herein granted, and if the compensation is not agreed upon by the Transferee and the Transferor, it shall be determined by arbitration in the manner prescribed by the Ontario Arbitrations Act, 1991? or any Act passed in amendment thereof or substitution therefore. Any gates, fences and tile drains interfered with by the Transferee shall be restored by the Transferee at its expense as closely as reasonably practicable to the condition in which they existed immediately prior to such interference by the Transferee and in the case of tile drains, such restoration shall be performed in accordance with good drainage practice. - 90 - T951056\TOR_LAW\ 7260448133 3. The said pipe lines (including attachments, equipment and appliances for cathodic protection but excluding valves, take -offs and fencing installed under Clause 8 hereof) (but excluding any pipes in place as of the date of this easement) shall be laid to such a depth that upon completion of installation it will not obstruct the natural surface run -off from the said lands nor ordinary cultivation of the said lands nor any tile drainage system existing in the said lands at the time of installation of the said pipe line, provided that the Transferee may leave the said pipe line exposed in crossing a ditch, steam, gorge or similar object. 4. As soon as reasonably practicable after any construction of the said services, the Transferee shall level the said lands and unless otherwise agreed to by the Transferor, shall remove all debris therefrom and in all respects restore the said lands to their former state so far as is practical. 5. The Transferee shall indemnify the Transferor for all losses, costs, damages, claims, injuries, actions and causes of actions which are directly attributable to the exercise of the rights hereby granted, except to the extent that the losses, costs, damages, claims, injuries, actions and causes of actions have been caused by the negligence or wilful misconduct of the Transferor. 6. In the event that the Transferee fails to comply with any of the requirements set out in Clauses 2, 3 and 4 hereof within a reasonable time of the receipt of notice in writing from the Transferor setting forth the failure complained of, the Transferee shall compensate the Transferor (or the person or persons entitled thereto) for any damage, if any, necessarily resulting from such failure. 7. Except in case of emergency, the Transferee shall not enter upon any lands of the Transferor, other than the said lands, without the consent of the Transferor. In case of emergency, the right of entry upon the Transferor's lands for ingress and egress to and from the said lands is hereby granted. 8. The Transferor shall have the right to fully use and enjoy the said lands except as may be necessary for any of the purposes hereby granted to the Transferee, provided that without the prior written consent of the Transferee, the Transferor shall not excavate, drill, install, erect or permit to be excavated, drilled, installed or erected in, on, over or through the said lands any pit, well, foundation, pavement, building, mobile homes or other structure or installation. Notwithstanding the foregoing the Transferee upon request shall consent to the Transferor erecting or repairing fences, constructing or repairing his tile drains and construction or repairing his lanes, roads, driveways, pathways, and walks across, on and in the said lands or any portion or portions thereof, provided that before commencing any of the work referred to in this sentence the Transferor shall (a) give the Transferee at least thirty (30) clear days notice in writing pointing out the work desired so as to enable the Transferee to evaluate the work and to have a representative inspect the site and/or be present at any time or times during the performance of the work, (b) shall follow the instructions of such representatives as to the performance of such work without damage to the said pipe line, (c) shall exercise a high degree of care in carrying out any such work and, (d) shall perform any such work in such a manner as not to endanger or damage the said pipe line as may be required by the Transferee. - 91 - T951056\TOR_LAW\ 7260448\33 9. Notwithstanding any rule of law or equity and even though the said pipe line and its appurtenances may become annexed or affixed to the realty, title thereto shall nevertheless remain in the Transferee. 10. The Transferor covenants that he has the right to convey this easement notwithstanding any act on his part, that he will execute such further assurances of this easement as may be requisite and which the Transferee may at its expense prepare and that the Transferee, performing and observing the covenants and conditions on its part to be performed, shall have quiet possession and enjoyment of the rights, privileges and easement hereby granted. If it shall appear that at the date hereof the Transferor is not the sole owner of the said lands, this indenture shall nevertheless bind the Transferor to the full extent of his interest therein and shall also extend to any after- acquired interest, but all monies payable hereunder shall be paid to the Transferor only in the proportion that his interest in the said lands bears to the entire interest therein. 11. The Transferor shall obtain a postponement agreement from all holders of any mortgage or charge (including a deed of trust to secure bonds or other securities) registered against the lands in favour of the easement and other rights hereby granted and hereby authorizes the Transferee to deal direct with the said holders to facilitate the obtaining the required postponement agreements. 12. For the consideration already referred to, the Transferor hereby quit claims and releases all of the Transferor's right, title and interest, if any; in and to: (a) the pipes and other equipment referred to in Clause 3 to the Transferee; and, (b) any steam line and related equipment ( "Steam Equipment ") located in, on or under the said lands to the Transferee as bare trustee for Ontario Power Generation Inc. and Bruce Power L.P. 13. The Transferee or its designee may enter on to the said lands with personnel and equipment to remove the Steam Equipment and the provisions of Clause shall apply to any such work. 14. The burden of this easement shall run with the said lands and shall extend to and be binding upon the Transferor, its successors and assigns and enure to the benefit of the Transferee, its successors and assigns. [END OF SCHEDULE 2.6.3] -92 T951056 \TOR LAW\ 7260448\33 SCHEDULE 2.11— AIR MONITORING LICENCE AIR MONITORING STATION LICENCE THIS AIR MONITORING STATION LICENCE AGREEMENT is made as of the 15th day of December, 2010 ( "Effective Date ") between THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE a municipal corporation under the laws of Ontario ( "Municipality ") and BRUCE POWER L.P., a limited partnership formed under the laws of Ontario ( "Bruce Power "). RECITALS: Bruce Power is the operator of the BNPD and uses the Air Monitoring Station in connection with its operations at the BNPD. The Parties are entering into this Licence to set out the terms and conditions on which Bruce Power is permitted to maintain the .Air Monitoring Station at the Sewage Treatment Plant. NOW THEREFORE, in consideration of the mutual covenants set forth in this Licence and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Parties agree as follows: 1. Definitions 1.1 In addition to terms defined elsewhere in this Agreement, the following terms as used in this Agreement have the following respective meanings: (a) "Air Monitoring Station" means air monitoring and related equipment operated by Bruce Power in connection with its operations at the BNPD. (b) `BNPD" means the Bruce Nuclear Power Development located in Municipality of Kincardine. (c) "Bruce Power" means Bruce Power L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power L.P. resulting from - any merger, arrangement or other reorganization of or including Bruce Power L.P. or any continuance under the laws of another jurisdiction. (d) "Bruce Power Personnel" has the meaning given that term in section 2. (e) "Direct Losses" means all damage, losses, liabilities, penalties, fines, assessments, claims, actions, cost, expenses (including the cost of legal or professional services, legal cost being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses. (f) "Indirect Losses" means (i) punitive exemplary or aggravated damages; (ii) loss of profits, loss of use, loss of production, loss of business or loss of business - 93 - T951056\TOR LAW\ 7260448\33 opportunity; or (iii) a claim for consequential loss or for indirect loss of any nature suffered or allegedly suffered by any person. (g) "Municipality" means The Corporation of Municipality of Kincardine and any successor municipal corporation. (h) "OPG" means Ontario Power Generation Inc. and includes any of its subsidiaries that own any of the land comprising the BNPD and includes any successor to Ontario Power Generation Inc. resulting from any merger, arrangement or other reorganization of or including Ontario Power Generation Inc. and its and its subsidiaries' successors and assigns. (i) "Licence" means this air monitoring station licence agreement and all Schedules attached to this Agreement, in each case as they may be amended, supplemented, replaced or restated from time to time, and unless otherwise indicated, references to recitals, Articles, sections, paragraphs, Schedules and Appendices are to recitals, Articles, sections, paragraphs, Schedules and Appendices in this Licence. (j) "Licence Fee" means the sum of ten dollars of lawful money of Canada. (k) "Licensed Space" means that portion of the Sewage Treatment Plant described as Part 1 on Reference Plan 3R -9246. (1) "Parties" means the Parties to this Agreement and "Party" means any one of the Parties. (a) "Sewage Treatment Plant" means the sewage and wastewater reception and treatment plant and the associated influent and effluent piping system owned by the Municipality and located at 1842 Concession #2, Township of Bruce, ON. and legally described as Part of Lots 11 and 12 Concession "A" Lake Range, Municipality of Kincardine designated as Parts 5 and 6 Plan 3R -7015. (m) "Term" has the meaning given that term in section 3.1. 2. Licence to Maintain and Use Air Monitoring Station Subject to the terms and conditions of this Licence, Municipality hereby grants Bruce Power the - exclusive right to access, use and occupy the Licensed Space during the Term which shall include the right in favour of Bruce Power to enter onto the Sewage Treatment Plant with personnel, equipment and material for the purpose of operating, maintaining, repairing and replacing all or any part of the Air Monitoring Station during the Licence Term. All rights in favour of Bruce Power granted by this Licence may be exercised by Bruce Power, its servants, contractors, and agents and all of their respective employees (collectively, "Bruce Power Personnel "). 3. Term and Termination - 94 - T951056\TOR LAWN 7260448\33 3.1 The term of this Licence shall commence on the Commencement Date and unless - earlier terminated shall remain in effect for so long as the BNPD is in operation or being decommissioned (the "Term "). 3.2 Bruce Power may at any time terminate this Licence upon 30 days prior Notice to Municipality. 3.3 Municipality may issue a Notice to Bruce Power for any default under the terms of this Licence. Municipality may terminate this Licence on Notice to Bruce Power, which Municipality shall be entitled to issue if Bruce Power has failed to remedy any such default of the terms of this Licence within 30 days after Municipality has provided such Notice to Bruce Power. Such termination by Municipality shall not prejudice any other rights and remedies that Municipality may have. 4. Fees and Expenses 4.1 Municipality acknowledges the receipt of the Licence Fee which represents payment in full for the use of the Licensed Space for the Term. 4.2 Bruce Power shall pay all expenses in connection with the operation of the Air Monitoring Station including all utilities consumed by it, to the complete exoneration of Municipality, including electricity. Bruce Power confirms that electricity for the Air Monitoring Station is separately metered under account number 22195- 63016. 4.3 Bruce Power shall promptly pay all charges incurred by it for any work, materials or services relating to the Licensed Space and shall forthwith discharge any liens resulting therefrom. If Bruce Power fails to discharge any liens, Municipality may (but shall be under no obligation to) pay into court the amount required, or otherwise obtain a discharge of the lien in the name of Bruce Power and any amount so paid together with all costs incurred in respect of such discharge, plus an administrative charge of 15 %, shall be payable by Bruce Power to Municipality forthwith upon demand. 4.4 Municipality shall pay all expenses in connection with the operation of the Sewage Treatment Plant including all utilities consumed by it to the complete exoneration of Bruce Power. 5. Premises "as -is" — "where -is" 5.1 The Licensed Space, is provided on an "as is, where is" basis, without any representation, warranty or condition of any kind whatsoever, express or implied. Municipality specifically disclaims all implied warranties with respect to the quality, condition or fitness for a particular purpose of the Licensed Space. 5.2 Upon the commencement of the Term, the Parties agree to complete a joint walk -down of the Licensed Space to establish a baseline of the condition of the Licensed Space. 6. Responsibility for Employees, Agents, etc. -95 T451056\TOR_LAW\ 7260448\33 6.1 Bruce Power will assume full responsibility for the acts or omissions of Bruce Power Personnel and all other persons permitted by Bruce Power to enter the Sewage Treatment Plant or the Licensed Space. 6.2 Bruce Power will take reasonable efforts to ensure that its activities will not interfere in any way with, disrupt or cause any damage to the Licensed Space or the Sewage Treatment Plant or operations of Municipality at the Sewage Treatment Plant. 6.3 Municipality will take reasonable effort to ensure that its activities will not unduly interfere with or disrupt the operations of Bruce Power within the Licensed Space, provided that activities by Municipality in the ordinary course of business shall not be deemed to unduly interfere with or disrupt the operations of Bruce Power. Except in the case of emergencies, if Municipality activities are reasonably expected to cause interference or disruption to Bruce Power operations, then Municipality shall give reasonable prior Notice of such activities and take reasonable efforts, in cooperation with Bruce Power, to minimize such interference or disruption. 7. Maintenance of Licensed Space During the Term Bruce Power shall use and maintain the Licensed Space in accordance with applicable law and in a reasonable and careful manner as a prudent owner of a similar facility would do. 8. Restoration Upon the expiration or earlier termination of this Licence, Bruce Power shall remove all Bruce Power personal property, equipment and supplies from the Licensed Space and repair all damage to the Sewage Treatment Plant, including the Licensed Space, occasioned by such removal. The repair obligations of Bruce Power under this section will survive the expiration or termination of this Licence for a period of one year. 9. Indemnity 9.1 Except to the extent caused or contributed to by Municipality or those for whom it is responsible for at law, Bruce Power agrees to release, indemnify and save harmless Municipality from and against, any and all Direct Losses suffered by Municipality due to damage or injury (including death) to persons and tangible personal property which are attributable to or connected with, or arise from: (a) damage to the tangible personal property of Bruce Power, its directors, officers, Bruce Power Personnel and customers, guests or invitees of Bruce Power; (b) damage to the property of Municipality, its directors, officers, employees, servants, agents, contractors, customers, guests or invitees, including the Sewage Treatment Space and the Licensed Space, to the extent caused by the acts or omissions of Bruce Power and those for whom it is responsible for at law; (c) any injury (including death) to any person to the extent caused by the acts or omissions of Bruce Power or those for whom it is responsible for at law. - 96 - T9510561TOR_LAW\ 7260448\33 9.2 Except to the extent caused or contributed to by Bruce Power or those for whom it is responsible for at law, Municipality agrees to release, indemnify and save harmless Bruce Power from and against, any and all Direct Losses suffered by the Bruce Power due to damage or injury (including death) to persons and tangible personal property which are attributable to or connected with, or arise from: (a) damage to the tangible personal property of Municipality, its directors, officers, its servants, contractors, employees, agents and customers, guests or invitees of Municipality; (b) damage to the property of Bruce Power, its directors, officers, employees, servants, agents, contractors, customers, guests or invitees, including the Licensed Space, to the extent caused by the acts or omissions of Municipality and those for whom it is responsible for at law; (c) any injury (including death) to any person to the extent caused by the acts or omissions of Municipality or those for whom it is responsible for at law. 9.3 The obligations of each Party under this section will survive the expiration or termination of this Licence for a period of two years. 10. Municipality fulfilling Bruce Power obligation If any liability or obligation of Bruce Power with respect to the Licensed Space is not paid or satisfied by Bruce Power within 30 days of Notice of such liability or obligation, Municipality may (but shall be under no obligation to) pay the liability or do or cause to be done the necessary work in order to fulfil the obligation on behalf of Bruce Power, and all costs incurred plus an administrative charge of 15% shall be payable by Bruce Power to Municipality forthwith upon demand. 11. Assignment 11.1 This Licence is a personal licence granted by Municipality to Bruce Power and rights and obligations of Bruce Power under this Licence shall not be assigned, in whole or in part, nor shall Bruce Power sub - licence, encumber or otherwise purport to grant any interest in or rights to this Licence or the Licensed Space to any Person. 11.2 Notwithstanding section 11.1, Bruce Power may assign this Licence at any time to OPG or a subsidiary of OPG or any successor or assign of OPG or any of its subsidiaries or any subsequent operator of the BNPD. If any such successor or assignee shall enter into a written assumption agreement with Municipality to be bound to this Licence as if an original party to this Licence, thereafter Bruce Power shall have no further obligations under this Licence except for matters that arose prior to the effective date of the assignment. 11.3 Municipality shall obtain from any successor or assign of its interest in the Sewage Treatment Plant such person's written agreement to assume and be bound by this Licence as if such person was an original party to this Licence. - 97 - T951056\TOR_LAW\ 7260448\33 12. Bruce Power Property The Air Monitoring Station and related equipment shall, as between Bruce Power and Municipality and their respective successors and permitted assigns, remain the property of Bruce Power regardless of its degree of affixation to the Sewage Treatment Plant. 13. Other Licences At the request of Bruce Power, Ontario Power Generation Inc. or a subsidiary of Ontario Power Generation Inc., Municipality will enter into additional licence agreements on essentially the same terms and conditions as this Licence for additional locations owned by Municipality where air monitoring equipment that is used in connection with the operation or decommissioning of the BNPD is located. 14. Notice Any notice or other communication required or permitted to be given under this Agreement (collectively, "Notice "), unless specifically provided for to the contrary in this Agreement, shall be in writing and shall be given by prepaid first class mail, by facsimile or other means of electronic communication or by hand delivery as provided below. Any Notice, if mailed by prepaid first class mail at any time other than during a general discontinuance of postal service due to strike, lockout or otherwise, shall be deemed to have been received on the fourth Business Day after the post marked date thereof. Any Notice, if sent by facsimile or other means of electronic communication, shall be deemed to have been received on the Business Day following the sending, or if delivered by hand, shall be deemed to have been received at the time it is delivered to the applicable address noted below either to the individual designated below or to an individual at such address having apparent authority to accept deliveries on behalf of the addressee. Notice of change of address shall also be governed by this section 14. In the event of a general discontinuance of postal service due to strike, lock -out or otherwise, Notices or other communications shall be sent by facsimile or other means of electronic communication and shall be deemed to have been received in accordance with this section 14. Notices shall be addressed as follows: 14.1 If to Municipality, to: (a) Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: CAO Telecopier number: (519) 396 -8288 (b) with copy to: Municipality of Kincardine 1475 Concession 5 RR #5 Kincardine Ontario N2Z 2X6 Attention: Public Works Department Telecopier number: (519) 396 -8288 - 98 - T951056\TOR LAWN 7260448\33 (c) If to Bruce Power, to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: Executive Vice - President and General Counsel Fax No. (519) 361 -4333 (d) and to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: Operations Manager — Property Management Fax No. (519) 361 -1797 15. General Contract Provisions 15.1 Waiver - Any failure by either Party to exercise any right or enforce any remedy under this Licence shall be limited to the particular instance, and shall not be deemed to be a waiver of any other right or remedy or affect the validity of this Licence. The exercise by either Party of any rights or remedy hereunder shall not be deemed to waive any other rights or remedy that such Party may have, and such rights or remedies may be exercised and continued concurrently or separately. 15.2 Successors and Assigns - This Licence shall extend to, be binding upon and enure to the benefit of Bruce Power and of Municipality and their respective successors and permitted assigns (including any successor due to amalgamation of any Party). 15.3 Entire Agreement - This Licence constitutes the entire agreement between the Parties pertaining to the subject matter of this Licence and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written between the Parties with respect thereto and sets forth the entire, complete and exclusive understanding between the Parties relating to the subject matter hereof. 15.4 Applicable Law - This Licence shall for all purposes be construed and interpreted according to the laws in force in the Province of Ontario. -99 T951056\TOR_LAW\ 7260448\33 15.5 Amendments - No amendment, supplement, modification or waiver or termination of this Licence and, unless otherwise specified, no consent or approval by any Party, shall be binding unless executed in writing by the Party to be bound thereby. 15.6 Execution and Delivery - This Licence may be executed by the Parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles shall together constitute one and the same agreement. 15.7 Severability - Each of the provisions contained in this Licence are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Licence. To the extent permitted by applicable law, the Parties waive any provision of applicable law that renders any provision of this Licence invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 15.8 Further Assurances - Each of the Parties shall promptly do, make, execute, deliver, or cause to be done, made, executed or delivered, all such further acts, documents and things as the other hereto may reasonably require from time to time for the purpose of giving effect to this Agreement and shall use reasonable efforts and take all such steps as may be reasonably within its power to implement to their full extent the provisions of this Agreement. IN WITNESS WHEREOF, the Parties have caused this Licence to be executed by their duly authorized representatives as of the Effective Date. THE CORPORATION OF MUNICIPALITY OF KINCARDINE By: Name: Larry Kraemer Title: Mayor By: Name: • Title: CAO BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. - 100 - T951056 \TOR LAW 7260448\33 By: Name: John Sauger Title: Executive Vice President, Project Management and Construction By: Name: Brian Armstrong, Q.C. Title: Executive Vice President and General Counsel [END OF SCHEDULE 2.11] - 101 - T951056\TOR_LAW\ 7260448\33 SCHEDULE 5.8 FORMS OF LIUNA, PWU AND UA AGREEMENTS The following agreements attached to this Schedule are the agreements contemplated in section 5.8 of the Agreement: 1. Agreement between The Corporation of the Municipality of Kincardine and Bruce Power L.P. by its General Partner, Bruce Power Inc. and Labourers International Union of North America, Ontario Provincial District Council, on its own behalf and on behalf of Labourers International Union of North America, Local 1059. 2. Agreement between The Corporation of the Municipality of Kincardine and Bruce Power L.P. by its General Partner, Bruce Power Inc. and Power Workers' Union Canadian Union of Public Employees Local 1000 - C.L.C. 3. Agreement between The Corporation of the Municipality of Kincardine and Bruce Power L.P. by its General Partner, Bruce Power Inc. and Ontario Pipe Trades Council of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, on its own behalf and on behalf of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, Local 527. - 102 - T951056\TORLAW\ 7260448\33 This agreement ( "Agreement ") is made as of the [ j day of [ ], 2011.1 Between: THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE (the "Municipality ") And: BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. ( "Bruce Power ") And: LABOURERS INTERNATIONAL UNION OF NORTH AMERICA, ONTARIO PROVINCIAL DISTRICT COUNCIL, on its own behalf and on behalf of LABOURERS' INTERNATIONAL UNION OF NORTH AMERICA, LOCAL 1059 ( "collectively, "LIUNA ") RECITALS: A. Ontario Power Generation Inc. ( "OPG ") and certain of its subsidiaries (the "Subsidiaries ") are the owners of the lands and premises that comprise the Bruce Nuclear Power Development ( "BNPD "), near Tiverton, Ontario; B. By an amended and restated lease (as amended, the "Lease ") dated May 12, 2001 between, amongst others, OPG, the Subsidiaries and Bruce Power, OPG and the Subsidiaries did lease or sublease parts of the BNPD (defined in the Lease as the "Leased Premises ") to Bruce Power; C. Part of the Leased Premises include the Sewage Treatment Plant and the Water Tower; D. OPG, Bruce Power and the Municipality have or will enter into agreements (the "Transfer Agreements ") for the Municipality to acquire and operate thereafter the Sewage Treatment Plant, the Water Tower and other related assets the "Transferred Assets ") in order to provide, among other things (i) the sewage treatment services that Bruce Power currently provides using the Sewage Treatment Plant; and (ii) industrial water that Bruce Power currently provides to the Bruce Energy Centre; E. Bruce Power and LIUNA are bound to a collective agreement (the "Collective Agreement ") which governs the employment of certain employees of Bruce Power engaged in the construction industry; F. The Municipality has a non - unionized work force; G. The Sewage Treatment Plant has been operated by third party service providers from the commencement of the operations of the Sewage Treatment Plant and through to date of this Agreement; H. It is a condition of Closing under the Transfer Agreements that the parties to those Agreements be satisfied that LIUNA will not claim successor rights or common employer rights in connection with the transfer of the Transferred Assets to the Municipality as contemplated by the Transfer Agreements; and I. LIUNA supports the transfer of the Transferred Assets to the Municipality on the terms described in this Agreement. -103 - T951056\TOR_ LAW\ 7260448\33 NOW THEREFORE Bruce Power, the Municipality and LIUNA hereby acknowledge and agree with each other as follows: 1, In this Agreement, the following terms have the following meanings: (a) "Sewage Treatment Plant" . means the sewage treatment plant and related lands occupied by or used in conjunction with the sewage treatment plant being Part 5 on Plan 3R -7015; and (b) "Water Tower" means the water tower and related lands occupied by or used in conjunction with the water tower being Part 2 on Plan 3R -6087. 2. The Municipality agrees that if it undertakes any construction work which falls within the scope of the Labourers' ICI Agreement at the Sewage Treatment plant or the Water Tower, it shall contract such work out to companies in contractual relations with LIUNA. 3. LIUNA agrees that the transfer of the Transferred Assets to the Municipality as contemplated by the Transfer Agreements does not give rise to a sale of a business in accordance with the Labour Relations Act (the "Act ") or the Collective Agreement and that the Municipality and Bruce Power are not a common employer in accordance with the Act or the Collective Agreement. (a) LIUNA further agrees that it will not assert or support a position that is contrary to the stipulations made at paragraph 1 of this Agreement in the context of any legal proceeding, or otherwise. (b) Nothing in this Agreement shall effect LIUNA's right to seek to represent employees of the Municipality, provided that such representation is in no way derived from the transfer of the Transferred Assets. (c) Nothing in the Agreement shall be construed as a waiver or abandonment of LIUNA's ICI bargaining rights for Bruce Power. 4, This Agreement shall be binding upon LIUNA and its successors and shall enure to the benefit of the parties to the Agreement and their respective successors. 5. The transfer of the Transferred Assets was made in reliance on the representations, stipulations and commitments made in this Agreement and, accordingly, this Agreement may be raised as a waiver, defence or estoppel to and claims that are inconsistent with this Agreement. 6. Bruce Power agrees that, if the Transferred Assets revert to its ownership or control, construction work coming with the scope of the Collective Agreement, or any other collective agreement binding upon Bruce Power, which is undertaken in connection with the Transferred Assets, shall be performed in accordance with the Collective Agreement, or the other collective agreement, as may be applicable. 7. This Agreement shall be deemed to be the settlement of a proceeding under the Act and, accordingly, the Municipality, LIUNA and Bruce Power agree that the Ontario Labour Relations Board shall have the authority and jurisdiction to enforce this Agreement in accordance with Section 96(7) of the Act. Alternatively, any party may - 104 - T951056\TOR_ LAW\ 7260448\33 refer an issue respecting the application, interpretation or enforcement of this Agreement to Arbitrator Jules Bloch, who the parties agree would be appointed pursuant to this arbitration agreement made in accordance with the Arbitration Act, 1991. IN WITNESS HEREOF, LIUNA, Bruce Power and the Municipality, by their duly authorized representatives, have executed this Agreement and commit to be bound by its terms, on this day of 2011 at the City / Town of , Ontario. LABOURERS INTERNATIONAL UNION OF NORTH AMERICA, ONTARIO PROVINCIAL DISTRICT COUNCIL, on its own behalf and on behalf of LABOURERS INTERNATIONAL UNION OF NORTH AMERICA, LOCAL 1059 Per: Name: f1 -tib 4 ., tt 4 + Title: cst : s } a,. J.: - ss y .ti b P d Per: Name: Title: BRUCE POWER L.P., by its Gen raI Partner, BRUCE POWER INC. BRUCE POWER Per: 5 LAW DIVISION Name: J Sauger !( Title: Exe ive Vie President, Projects PProv - I Manage and Const uction De , o' i Per A.+ Name: Brian Armstrong, QC Title: Executive Vice President and General Counsel CORPORATION OF THE MUNICIPALITY OF KINCARDINE Per: Name: Title: Per: Name: Title: - 105 - T9510561TOR LAW\ 7260448\33 fb4 This agreement (this "Agreement") is made as of the! day of RL.c , 2011 To: THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE (the "Municipality ") And To: BRUCE POWER L.P. ( "Bruce Power") From: POWER WORKERS' UNION CANADIAN UNION OF PUBLIC EMPLOYEES LOCAL 1000- C.L.0 ( "PWU ") RECITALS: A. Ontario Power Generation Inc. ( "OPG ") and certain of its subsidiaries (the "Subsidiaries ") are the owners of the lands and premises that comprise the Bruce Nuclear Power Development ("BNPD"), near Tiverton, Ontario; B. By an amended and restated lease (as amended, the "Lease ") dated May 12, 2001 between, amongst others, OPG, the Subsidiaries and Bruce Power, OPG and the Subsidiaries did lease or sublease parts of the BNPD (defined in the Lease as the "Leased Premises ") to Bruce Power; C. Part of the Leased Premises includes the Sewage Treatment Plant and the Water Tower; D. OPG, Bruce Power and Municipality have or will enter into agreements (the "Transfer Agreements ") for the Municipality to acquire and operate thereafter the Sewage Treatment Plant, the Water Tower and other related assets (the "Transferred Assets ") in order to provide, among other things (i) the sewage treatment services that Bruce Power currently provides using the Sewage Treatment Plant; and (ii) industrial water that Bruce Power currently provides to the Bruce Energy Centre; E. Bruce Power and PWU have entered in a collective agreement which governs the employment of certain Bruce Power workers and PWU, through Power Workers' Union Trust No. 1, is a limited partner of Bruce Power; F. The Municipality has a non - unionized work force; G. The Sewage Treatment Plant has been operated by third party service providers from the commencement of Sewage Treatment Plant operations to the date of this Agreement H. It is a condition of Closing under the Transfer Agreement that the parties be satisfied that PWU will not claim successor rights or related employer rights in connection with the operation of the Transferred Assets by the Municipality; and 1. PWU supports the transfer of the Transferred .Assets to the Municipality and has agreed to provide this Agreement as set out below, NOW THEREFORE this Agreement witnesses that in consideration of the sum of ONE ($LOO) DOLLAR now paid to PWU by the addressees hereof and other good and valuable consideration (the receipt and sufficiency whereof is hereby acknowledged by PWU) PWU - 106 - T95 105 6 \TOR_LAW \ 7260448\33 hereby acknowledges and agrees with Bruce Power and the Municipality (collectively, the "addressees ") as follows: 1. Effective from and after the date of Closing and for so long as no PWU member is employed at the Transferred Assets by the Municipality, the PWU shall not claim successor rights under section 69 of the Labour Relations Act (the "Act") or related employer rights under subsection 1(4) of the Act, in each case, in connection with the operation of the Transferred Assets by the Municipality. 2. In this Agreement, the following terms as used in this Agreement have the following meanings: (a) " Closing" means the date Transferred Assets are transferred to Municipality; (b) "Sewage Treatment Plant" means the sewage treatment plant and related lands occupied by or used in conjunction with the sewage treatment plant being Part 5 on Plan 3R -7015; and (c) "Water Tower" means the water tower and related lands occupied by or used in conjunction with the water tower being Part 2 on Plan 3R-6087. 3. This Agreement shall be binding upon the PWU and its successors and shall enure to the benefit of the addressees and their respective successors. 4. This Agreement shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein. IN WITNESS WHEREOF the PWU has executed this Agreement under the hands of their respective proper officers duly authorized in that behalf as of the day and year first above written. POWER WORKERS' UNION CANADIAN UNION OF PUBLIC EMPLOYEES C.L.0 LOCAL 1000 Per: Name: mor.1 nx e_t••sr00.J Title: Ts Per: Name: $R,t'.D R.+Uvu-F Title: V t t t�rx.65 �'D�t -- 5 c� n R 2. - 107 - T951056\TOR_LAW\ 7260448\33 This agreement ( "Agreement ") is made as of the [ 3 day of [Au6.], 2011.] Between: THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE (the "Municipality ") And: BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. ( "Bruce Power ") And: ONTARIO PIPE TRADES COUNCIL OF THE UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING AND PIPEFITTING INDUSTRY OF THE UNITED STATES AND CANADA, on its own behalf and on behalf of the UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING AND PIPEFITTING INDUSTRY OF THE UNITED STATES AND CANADA, LOCAL 527 (collectively, the "UA ") RECITALS: A. Ontario Power Generation Inc. ( "OPG ") and certain of its subsidiaries (the "Subsidiaries ") are the owners of the lands and premises that comprise the Bruce Nuclear Power Development ( "BNPD "), near Tiverton, Ontario; B. By an amended and restated lease (as amended, the "Lease ") dated May 12, 2001 between, amongst others, OPG, the Subsidiaries and Bruce Power, OPG and the Subsidiaries did lease or sublease parts of the BNPD (defined in the Lease as the "Leased Premises ") to Bruce Power; C. Part of the Leased Premises include the Sewage Treatment Plant and the Water Tower; D. OPG, Bruce Power and the Municipality have or will enter into agreements (the "Transfer Agreements ") for the Municipality to acquire and operate thereafter the Sewage Treatment Plant, the Water Tower and other related assets (the "Transferred Assets ") in order to provide, among other things (1) the sewage treatment services that Bruce Power currently provides using the Sewage Treatment Plant; and (ii) industrial water that Bruce Power currently provides to the Bruce Energy Centre; E. Bruce Power and the UA are bound to a collective agreement (the "Collective Agreement ") which governs the employment of certain employees of Bruce Power engaged in the construction industry; F. The Municipality has a non- unionized work force; G. The Sewage Treatment Plant has been operated by third party service providers from the commencement of the operations of the Sewage Treatment Plant and through to date of this Agreement; H. It is a condition of Closing under the Transfer Agreements that the parties to those Agreements be satisfied that the UA will not claim successor rights or common employer rights in connection with the transfer of the Transferred Assets to the Municipality as contemplated by the Transfer Agreements; and I. The UA supports the transfer of the Transferred Assets to the Municipality on the terms described in this Agreement. - 108 - T951056 \TOR_LAW\ 7260448\33 NOW THEREFORE Bruce Power, the Municipality and the UA hereby acknowledge and agree with each other as follows: 1. In this Agreement, the following terms have the following meanings: (a) "Sewage Treatment Plant" means the sewage treatment plant and related lands occupied by or used in conjunction with the sewage treatment plant being Part 5 on Plan 3R -7015; and (b) "Water Tower" means the water tower and related lands occupied by or used in conjunction with the water tower being Part 2 on Plan 3R -6087. 2. The Municipality agrees that if it undertakes any construction work which falls within the scope of the UA's ICI Agreement at the Sewage Treatment plant or the Water Tower, it shall contract such work out to companies in contractual relations with the UA. 3. The UA agrees that the transfer of the Transferred Assets to the Municipality as contemplated by the Transfer Agreements does not give rise to a sale of a business in accordance with the Labour Relations Act (the "Act") or the Collective Agreement and that the Municipality and Bruce Power are not a common employer in accordance with the Act or the Collective Agreement. (a) The UA further agrees that it will not assert or support a position that is contrary to the stipulations made at paragraph 1 of this Agreement in the context of any legal proceeding, or otherwise. (b) Nothing in this Agreement shall effect the UA's right to seek to represent employees of the Municipality, provided that such representation is in no way derived from the transfer of the Transferred Assets. (c) Nothing in the Agreement shall be construed as a waiver or abandonment of UA's ICI bargaining rights for Bruce Power. 4, This Agreement shall be binding upon the UA and its successors and shall enure to the benefit of the parties to the Agreement and their respective successors. 5. The transfer of the Transferred Assets was made in reliance on the representations, stipulations and commitments made in this Agreement and, accordingly, this Agreement may be raised as a waiver, defence or estoppel to and claims that are inconsistent with this Agreement. 6. Bruce Power agrees that, if the Transferred Assets revert, to its ownership or control, construction work corning with the scope of the Collective Agreement, or any other collective agreement binding upon Bruce Power, which is undertaken in connection with the Transferred Assets, shall be performed in accordance with the Collective Agreement, or the other collective agreement, as may be applicable. 7. This Agreement shall be deemed to be the settlement of a proceeding under the Act and, accordingly, the Municipality, the UA and Bruce Power agree that the Ontario Labour Relations Board shall have the authority and jurisdiction to enforce this Agreement in accordance with Section 96(7) of the Act. Alternatively any party may refer an issue respecting the application, interpretation or enforcement of this Agreement - 109 - T9510561TORLAW\ 7260448133 to Arbitrator Jules Bloch, who the parties agree would be appointed pursuant to this arbitration agreement made in accordance with the Arbitration Act, 1991. IN WITNESS HEREOF, the UA, Bruce Power and the Municipality, by their duly authorized representatives, have executed this Agreement and commit to be bound by its terms, on this day of 2011 at the City / Town of , Ontario. ONTARIO PIPE TRADES COUNCIL OF THE UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING AND PIPEFITTING INDUSTRY OF THE UNITED STATES AND CANADA, on Its own behalf and on behalf of the UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING AND PIPEFITTING INDUSTRY OF THE UNITED STATES AND CANADA, LOCAL 527 Per: Name: 37 - k 4„,i A./ogle/sad Title: t5peed , re &p, 'fip1/E .e�E'io Per: ',�. Name: • 64Z Title: r� 3 , 1 '- s 1 -..1 cz--- BRUCE POWER L.P., by its Gen - ral Partner, BRUCE POWER INC. Per: '� Name: Join .auger t [,/ yy DI VIN Title: Exe u ve Vice President, 1?roie. - Ma gement and Construction APP -- Per: Dom .l , lJ ' 1 J l Name: Brian Armstrong, QC Title: Executive Vice President and General Counsel CORPORATION OF THE MUNICIPALITY OF KINCARDINE Per: Name: Title: Per: Name: Title: [end of Schedule 5.8] - 110 - T951056\TOR_ LAW\ 7260448\33 AGREEMENT FOR WATER AND SEWAGE ( "Agreement ") THIS AGREEMENT made as of the 1" day of January, 2010. BETWEEN: BRUCE POWER L.P. OF THE FIRST PART and BI -AX INTERNATIONAL INC. (the "Customer ") OF THE SECOND PART WHEREAS Customer is carrying on or intends to carry on a business at the BEC adjacent to the Bruce Power Site located in the Municipality of Kincardine, Ontario; WHEREAS Bruce Power and Ontario Power Generation Inc. ( "OPG ") are parties to a lease dated May 11, 2001 (as amended from time to time) with respect to certain portions of the Bruce Site (the "Lease ") including the lease of certain water and sewer assets supplying the BEC; WHEREAS Bruce Power, OPG and the Municipality of Kincardine are negotiating for the potential transfer of certain of the water and sewer assets supplying the BEC to the Municipality of Kincardine; WHEREAS Customer wishes to have an agreement with Bruce Power to secure Water, Sewer, Emergency Water and Meter Services during the Term, and Bruce Power is willing to provide such services on the terms and conditions herein. NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the recitals herein and the mutual covenants hereinafter contained the parties hereto agree as follows: -2- ARTICLE 1.0 DEFINITIONS AND INTERPRETATION 1.1 Unless the context otherwise requires, the following terms wherever used in this Agreement shall have the following meanings: "Applicable Laws" means, collectively, all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws, legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, as amended from time to time; and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law, as amended from time to time. "Basic Sewer Service" means the treatment of the Hydraulic portion of sewage from Customer conforming to the quality specifications as described in the Schedule C herein. "BEC" means the lands and premises comprising Plan 3M -113 registered in the Land Registry Office for the Land Titles Division of Bruce (No. 3) and commonly referred to as the Bruce Energy Centre located in the Municipality of Kincardine, Ontario, adjacent. "BOD" means the Biochemical (carbonaceous) Oxygen Demand as a standard method of measuring sewage loading. "Bruce Power L.P." and "Bruce Power" mean Bruce Power L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power L.P. resulting from any merger, arrangement or other reorganization of or including Bruce Power L.P. or any continuance under the laws of another jurisdiction. "Bruce Power Equipment" means all equipment, facilities and systems included in the BEC or the Bruce Power Site or between such sites, whether owned or leased, operated and maintained by, or on behalf of Bruce Power or its agent for the supply of Service to Customer Equipment. "Bruce Power Site" means the nuclear power facility located in the Municipality of Kincardine, Ontario. "Business Day" means any day other than a Saturday, Sunday or any other day that is a statutory holiday in Ontario. "Customer Contact" has the meaning ascribed to that term in Section 10.1. -3- "Contracted Quantities" means the rate at which Customer uses Water and Sewer Service covered by this Agreement, as more fully described in Schedules B & D herein. "Claims" includes any claim, demand, action, suit, cause of action, assessment or reassessment, charge, judgment, debt, liability, expense, cost, damage, or loss, contingent or otherwise, including loss of value, professional fees, including fees of legal counsel on a solicitor and his or her own client basis, and all costs incurred in investigating or pursuing any of the foregoing or any proceeding relating to any of the foregoing. "Contract Loading" means the maximum BOD Load contemplated by this Agreement, as described in the Schedule C herein. "Commencement Date" means January 1, 2010. "Customer Equipment" means all equipment, facilities and systems owned, operated and maintained by and required by Customer for receiving and using Service. "Emergency Water" means untreated water from Lake Huron supplied from Bruce Power's elevated water tower located at the western junction of Farrell Drive and Bruce County Road 20. "Governmental Authority" means any federal, provincial, state, municipal or local government, parliament or legislature, or any regulatory authority, agency, tribunal, commission, board or department of any such government, parliament or legislature, or any court or other law, regulation or rule - making entity, or any arbitrator, each having or reasonably purporting to have jurisdiction in the relevant circumstances, including, for greater certainty, any Person acting or reasonably purporting to act under the authority of any Governmental Authority. "Water Service" means Water made available to Customer every day of the year in the amount as set forth in Schedule D herein. "Interruptible Service" means that "Service" made available to Customer in excess of the Contracted quantities in accordance with the provisions of schedule B and D. "Lease" shall have the meaning ascribed thereto in the recitals of this Agreement. "Meters" means any measuring devices and associated equipment which, as determined by Bruce Power, are needed to determine the quantity of Water and Sewer Service and Interruptible Service supplied to Customer. -4- "Minor Repairs" means, for each calendar year, the first $5000 worth of repairs and maintenance required, as determined by Bruce Powers in its sole discretion, to Meters on Customer's premises. "Nuclear Law" means all federal, provincial or municipal statutes, regulations, by- laws, permits, orders, decisions or rules, and any legally enforceable policies or guidelines of any Governmental Authority, relating specifically to the regulation of nuclear power plants and nuclear material, including the Nuclear Energy Act (Canada), the Nuclear Liability Act (Canada), and the Nuclear Safety and Control Act (Canada) and the respective regulations thereunder and any regulatory guidance documents, directives, standards and policies issued from time to time by the CNSC or its predecessor. "Parties" means Bruce Power and Customer and a "Party" means either of them. "Person" means any individual, sole proprietorship, partnership, firm, entity, unincorporated association, unincorporated syndicate, unincorporated organization, trust, body corporate, and where the context requires any of the foregoing when they are acting as trustee, executor, administrator or other legal representative. "Prime Rate" means the rate of interest per annum established and reported by the Toronto Dominion Bank to the Bank of Canada from time to time as the reference rate of interest for determination of interest rates that the Toronto Dominion Bank charges to its customers for Canadian dollar loans made in Canada by such bank. "Renewal Term" has the meaning ascribed thereto in Section 2.2 of this Agreement. "Sewer Service" means subject to the provisions of this Agreement, Bruce Power accepting and treating sewage from Customer conforming to the quality specifications as described in this Agreement. "Service" means the Water Service, Sewer Service, Emergency Service and Meter Service (collectively the "Services ") made available to Customer. "SP" means the BEC Sewer Plant and the associated supply system, located at 1842 Concession #2, Township of Bruce , ON. "Term" shall have the meaning ascribed hereof in section 2.1 of this Agreement. "Terminal Isolating Valves" means the Industrial Water and Sewer Service valves located at the point of interconnection between the "SP" and Customer Equipment and which are located approximately at the Customer property line. "Terminal point" means the point at which the "SP" connects to Customer Equipment. -5- "Utility Service Equipment" has the meaning ascribed hereof in section 3.14 of this Agreement.. "Water" means untreated water from Lake Huron supplied through the Bruce Power Site at a pressure of between 275 and 550 Kpa (25 -100 psi (g)) to be used in accordance as described in Article 3. 1.2 The following schedules are annexed to and form part of this Agreement: Schedule "A" - Water and Sewer Service Schedule "B" - Contracted Quantities Schedule "C" - Sewer Service Rates Schedule "D" - Water Service Schedule "E" - Water Rates Schedule "F "- Technical Conditions of Industrial Water and Sewer Service Schedule "G" - Waste Audit Form 1.3 In this Agreement: (a) words denoting the singular include the plural and vice versa and words denoting any gender include all genders; (b) the word "including" shall mean "including, without limitation "; (c) when calculating the period of time within which or following which any act is to be done or step taken, the date which is the reference day in calculating such period shall be excluded; (d) all dollar amounts are expressed in Canadian dollars, unless otherwise indicated; and (e) the division of this Agreement into separate Articles, Sections, Subsections and Schedule(s), the provision of a table of contents and the insertion of headings is for convenience of reference only and shall not affect the construction or interpretation of this Agreement. -6- ARTICLE 2.0 COMMENCEMENT DATE, TERM, RENEWAL AND TERMINATION 2.1 This Agreement to provide Services to Customer at the BEC shall be in force for a term commencing on the Commencement Date and terminating December 31, 2013 (the "Term "), unless: (i) Extended by written agreement between the Parties; (ii) Renewed in accordance with Section 2.2 below; or (iii) Terminated without liability: (a) by mutual Agreement in writing; (b) by either Party, in their sole, subjective and unfettered discretion, without any requirement to consider the interests of the other Party whatsoever without cause or for cause upon sixty (60) days written notice; (c) by Bruce Power immediately upon written notice to Customer where the Lease has been terminated for any reason or where Bruce Power otherwise ceases to have the ability to generate electricity using the CANDU Reactors at the Bruce Power site; (d) by Bruce Power immediately upon written notice to Customer where the supply of Services to Customer is interrupted at Customer's request and where such interruption continues for more than 210 days during the Term; or in combination with the Renewal Term, if any; (e) by Bruce Power upon written notice to Customer if Bruce Power, acting reasonable, determine that, or through a Senior Conference or arbitration it is determined that, Customer has breached any part of Articles 17 or 22; (f) automatically if proceedings are commenced against or affecting the Customer or, or the Customer institutes proceedings or takes any corporate action or executes any agreement to authorize its participation in or the commencement of any proceedings: (i) seeking to adjudicate it a bankrupt or insolvent; or (ii) seeking liquidation, dissolution, winding up, reorganization, arrangement, protection, relief or composition of it or any of its property or debt or making a proposal with respect to it under any law relating to bankruptcy, insolvency, reorganization or compromise of debts or other similar laws (including any application for reorganization under the Companies' Creditors Arrangement Act (Canada) or the Bankruptcy and Insolvency Act (Canada) or any reorganization, arrangement or compromise of debt under the laws of any applicable jurisdiction); -7- (g) automatically if proceedings are commenced against or affecting the Customer seeking the appointment of, or any creditor of the Customer or any other Person privately appoints, a receiver, receiver - manager, trustee, custodian, liquidator or similar official for the Customer or any part of the Customer's property, including the Collateral or any part of it; (h) automatically if Customer commits any act of bankruptcy; has a receiver appointed on account of insolvency or in respect of any property; or makes a general assignment for the benefit of creditors; or (i) otherwise in accordance with the terms of this Agreement. 2.2 There shall be no obligation for either party to renew or extend the Term of this Agreement. Should the parties, at their sole and unfettered discretion, wish to enter into a renewal or extension of the Term (the "Renewal Term ") it shall be made pursuant to a written agreement entered into between the parties on such terms and conditions as is satisfactory to each party in their sole discretion. 2.3 Effective as of the date of this Agreement the Customer waives any Claims, including without limitation, all Claims directly or indirectly in connection with the supply or discontinuance of supply of Services, (whether known as of the date of this Agreement or subsequently discovered) that it has or may have against either Bruce Power, its landlord, their respective partners, shareholders, employees, officers, directors (collectively, the "Bruce Power Released Parties ") or any Person that previously provided Services to the Customer or any previous owner or occupant of the Customer Premises ( "Prior Provider ") and the Customer hereby releases and agrees to hold harmless the Bruce Power Released Parties and any Prior Provider and their respective successors and permitted assigns from all such Claims. For clarity the Parties acknowledge that the waiver and release in the immediately preceding sentence is not intended and shall not apply to Claims that may arise strictly under this Agreement provided that Bruce Power is notified in writing of such Claims on or before the date the Customer is notified of an assignment of this Agreement by Bruce Power to a third party. The Customer acknowledges that Bruce Power holds the benefit of the foregoing in trust for any Bruce Power Released Parties and any Prior Provider. -8- ARTICLE 3.0 SUPPLY OF SERVICES 3.1 Subject to the provisions of this Agreement, Bruce Power shall supply Services to Customer for the Contracted Quantities set forth in Schedule B and D. 3.2 It is the intention of the Parties that this Agreement provide for a forty -eight (48) month Agreement for Service, with the possibility of renewal as described herein. 3.3 The execution of this Agreement by Bruce Power in no way obligates Bruce Power, or represents its intention, to enter into any renewal agreements, or any other agreements with Customer or any third party 3.4 The Parties may, upon mutual agreement, alter the Contracted Quantities for Water. 3.5 Services shall be supplied to Customer at the Terminal Isolation Valve, located on Lot 2 of the Registered Plan 3m -113, in the Municipality of Kincardine, Ontario, at a location to be determined by Bruce Power. 3.6 Bruce Power shall endeavor to be ready to supply Services to Customer on the Commencement Date. However, supply of Services by Bruce Power is subject to conditions as described in other Articles of this Agreement and the Schedules. The Customer agrees that Bruce Power shall not be responsible for any losses that may be suffered by the Customer in the event of a delay in the supply of Services by Bruce Power regardless of the nature or extent of the delay or otherwise, even if Bruce Power was advised of the potential for such losses. 3.7 Day -to -day operation of Bruce Power Equipment and Customer Equipment will be in accordance with the operating responsibilities for supply of Services as set forth in Schedule F attached hereto and forming part hereof, which Schedule may be amended from time to time by mutual agreement.. 3.8 Prior to Bruce Power opening the Terminal Isolating Valves for the initial supply of Services, and in any case prior to the Effective Date, Customer will give notice in writing to Bruce Power that the Customer Equipment has been designed, installed and tested in accordance with Article 9 herein, and is ready to receive (or continue to receive, as the case may be) Services. On the earlier of the re- opening of the Terminal Isolating Valves by Bruce Power and the Effective Date and at any time thereafter throughout the Term of this Agreement, Customer represents, warrants, covenants and agrees that Customer Equipment will operate within its design parameters and if any changes have been made to Customer Equipment, such changes have been designed, installed and tested in accordance with Article 9 herein. -9- 3.9 The maintenance by Bruce Power of Water at a pressure between 25 and 100 pounds per square inch gauge at the Terminal Isolating Valves located at Customer's property line under the maximum load conditions shall constitute the supply of Industrial Water Service for the purpose of this Agreement. Bruce Power shall use reasonable diligence in supplying Water within the aforesaid pressure range. However, Bruce Power shall not be liable to Customer for variations due to fluctuations in demand at other locations within the BEC. 3.10 The Water is intended for use as industrial water and for fire fighting purposes. Bruce Power with input from Customers at BEC, recognizing the circumstances at the time shall establish a priority system for supply of Emergency Water to Customer and other BEC customers in the event the Water supply is interrupted by a multiple pump failure at the Bruce Power Site pumphouse or for any other reason. Priorities shall be based on the need for essential services primarily fire protection. 3.11 Bruce Power shall measure or take whatever other action is required to measure or determine the quantity of the Services supplied to Customer. 3.12 Bruce Power has the right at all times to suspend partially or fully the Interruptible Service that is made available to Customer in accordance with the provisions of this Agreement. 3.13 The supply of Services to Bruce Power facilities at the Bruce Power Site shall at all times have precedence over the supply of Services to the Customer. For the purpose of this Article Bruce Power shall have the right at all times, for reasons of safety or otherwise, to reduce or interrupt the supply of Services to the Customer rather than reducing or interrupting the supply of Services to the Bruce Power Site. -10 3.14 At Bruce Power's request the Customer agrees to grant easements and related rights to the Municipality of Kincardine, Bruce Power or such other Persons who may from time to time provide industrial water, sewage (storm and /or sanitary) service, electricity or steam services to the Customer Premises and any other lands and premises within the BEC whether such easements are to accommodate existing services and their related wires, pipes and related equipment and appliances, including Bruce Power Equipment (collectively, "Utility Service Equipment ") , including, without limitation, rights for the installation, maintenance, repair, replacement and removal of such Utility Service Equipment, or to accommodate the new or relocated easements for such services and their related Utility Service Equipment. The easements shall be granted for nominal consideration and incorporate the usual terms and conditions commonly required by a supplier of the services in question. The Customer hereby quit claims and releases any rights that it may have, including by operation of law, in any Utility Service Equipment and agrees to confirm this quit claim and release in any grant of easement contemplated in this Section 3.14. The Customer shall also use reasonable commercial efforts to obtain postponements in favour of the easements from all Persons holding an encumbrance on the Customer Premises. The foregoing are conditional upon compliance with the applicable provisions of the Planning Act (Ontario) and any required consent thereunder shall be obtained by Bruce Power and the Customer shall cooperate in connection with the obtaining of any required consent. 3.15 The provisions of paragraph 3.14 shall survive beyond the expiration or earlier termination of the Term for the maximum period permitted by Applicable Laws. -11- ARTICLE 4.0 INDUSTRIAL WATER AND SEWER RATES 4.1 The rates for Service shall be as set forth in Schedule C and E attached hereto. 4.2 Bruce Power will invoice Customer for the quantity of Services which has been measured or determined as being used under this Agreement during any calendar month on the fifteenth day of the month following or as soon thereafter as practicable. Customer shall pay such invoice within 30 days after the date of the invoice. 4.3 Should the Customer fail to make payments as they become due under this Agreement, interest at an annual rate equal to two (2 %) percent above the Prime Rate on such unpaid amounts shall also become due and payable until payment. Such interest shall be calculated daily from the date on which any payment becomes due and compounded annually. If any invoice remains unpaid for thirty (30) days after the date of the invoice, Bruce Power may, in addition to all other remedies available to it, and after giving to Customer at least 10 days notice in writing of Bruce Power's intention to do so, discontinue the supply of Service and may refuse to resume supply so long as any past due invoice, plus the aforesaid interest, remains unpaid. 4.4 Bruce Power, in its sole discretion, may require Customer to furnish, prior to the Commencement Date or prior to a resumption of the supply of Service following a discontinuance of the supply of Service pursuant to Article 11, security, in an amount determined by Bruce Power, to guarantee payment of an estimated three month's average billing for Services. The security to be furnished shall be in form acceptable to Bruce Power in its sole discretion and, as determined at that time, may be in the form of a letter of credit from a chartered bank, a surety bond issued by a surety company satisfactory to Bruce Power, cash deposit, negotiable bonds or such other security acceptable to Bruce Power. 4.5 Interruption of the supply of Services by Bruce Power in accordance with this Agreement shall not exempt Customer from the continuing obligation to pay for Services supplied prior, or subsequent, to the interruption at the times that such payment is due hereunder. 42 ARTICLE 5.0 AVAILABILITY TO CUSTOMERS 5.1 Service will be available to any customer located at the BEC on a first come, first served basis. 5.2 The capacity of the Service will be determined by the capacity of the existing infrastructure. 5.3 It is recognized that Bruce Power has no obligation to expand the capacity of the Service or infrastructure under this Agreement. 43 ARTICLE 6.0 INTERRUPTION OF SERVICE 6.1 Without limitation to Bruce Power's other rights under this Agreement, Bruce Power shall have the right to interrupt the supply of Service at any time to such extent as, in the sole and subjective opinion of Bruce Power, may be necessary, for: a. safeguarding life, personal injury, public health, environment or property; and /or b. ensuring the safety, stability and reliability of Bruce Power or it agents Equipment. Customer recognizes Service may be interrupted by Bruce Power. Wherever possible, Bruce Power will provide Customer with as much advance notice as possible of interruption of Service. Bruce Power shall use commercially reasonable efforts to limit the frequency and duration of such interruptions so far as it is within its power to do so. For the purpose of this Article notice shall be given by telephone to an employee of Customer who is in a supervisory capacity at that time. If such persons are unavailable such notice shall be given by telephone to any other employee of Customer. 6.2 If at any time, in the judgment of Bruce Power or its agents, the quality of sewage discharged from Customer's plant may not be in compliance with Applicable Laws, this Agreement (including without limitation Schedule Al and A2) or reasonable requirements of Bruce Power so as to cause Bruce Power operating difficulties or make Bruce Power liable to prosecution, Bruce Power shall have the right to interrupt the Sewer Service. 6.3 Bruce Power will not be liable for any loss to Customer resulting from Bruce Power exercising its right of interruption of the Service in accordance with this Agreement, even if Bruce Power was advised of the potential for such loss. 6.4 Without limitation to Bruce Power's other rights under this Agreement, Bruce Power shall have the right to interrupt the Service at any time to such extent as is necessary in the opinion of Bruce Power for the purpose of construction, maintenance, operation, repair, replacement or extension of Bruce Power Equipment and connection of new Customers. However, such interruptions, if possible, shall be arranged to occur during times that are mutually agreeable to both Bruce Power and Customer. If a mutually agreeable time is not attainable, Bruce Power shall give fifteen (15) days prior notice of its intention to interrupt the Service to Customer. Customer's process should therefore be designed to accept occasional interruptions. Customer will be given a minimum of seven (7) Business Days prior warning of planned shutdowns. 14 6.5 Bruce Power shall use commercially reasonable efforts to limit the frequency and duration of such interruptions so far as it is within its power to do so. Notwithstanding the forgoing, if an emergency situation develops relating to Bruce Power's Equipment, then the provisos of Article 6.1 apply. 6.6 Without limiting any of Bruce Power's rights under Article 11.0, if Service is interrupted as a result of Customer being in default, Service will not be resumed until Customer, in the judgment of Bruce Power or its agents, has cured the default or taken effective measures to prevent a recurrence of the default. 6.7 Bruce Power will not be liable for any punitive, exemplary, indirect, incidental or consequential damages, including lost revenue or profit, cost of capital, loss of business reputation, loss of use of any property or loss of opportunity (whether arising out of contract, tort, by way of indemnity or based on any other theory of law) experienced by Customer resulting from Bruce Power exercising its right of interruption of the supply of Services in accordance with this Agreement, even if Bruce Power was advised of the potential for such loss. -Is ARTICLE 7.0 METERING 7.1 Customer, at the written request of Bruce Power acting reasonably, shall purchase and install new Meter(s) and shall bear all costs related to such. New Meters must be approved by Bruce Power before installation. With respect to maintenance and repairs to the Meters, subject to Applicable Laws: a) Subject to subsection 7.1(c) of this Article, Customer, at the written request of Bruce Power in its sole discretion, shall perform (and bear the cost of) any repairs to Meters located on Customer's premises (failure to do so shall be considered a default under this Agreement); b) Calibration of the Meters shall be conducted by, and at the expense of, Bruce Power; c) Bruce Power shall be responsible for Minor Repairs. If, in Bruce Power's judgment, there are special conditions which must be met in Customer's facilities to allow for the installation and /or operation of Meters, Customer shall, at its own expense, provide, install and maintain, in accordance with plans and specifications approved by Bruce Power, the special equipment required in Bruce Power's judgment for the installation and operation of the Meters. 7.2 If requested by Bruce Power, Customer shall provide free of charge: a. a safe and reasonable location on Customer's premises including a manhole for Minor Repairs; b. a suitable enclosure for the Meters; c. a satisfactory power supply; d. an inline effluent wier if required; e. all such reasonable conveniences as are required for Bruce Power to install a water meter prior to the first branch or as otherwise determined by Bruce Power and for Bruce Power to install similar Meters in Customer's Sewer Service systems; f. a secure 110v or 220v power supply to the location(s) where the Meters are installed; g. in its Service pipe design, a suitable length of straight pipe before and after the Service Meters - the actual lengths to be determined by pipe diameter and type of flow element employed, the design of this installation is subject to Bruce Power's approval; and h. if requested, 4 or 8 pairs of #20 or #22 AWG cable from the location of the Meters to Customer's main telephone switchboard, these being for the purpose of transmitting data to Bruce Power. -I6 7.3 If for any period any Meter or any part of the measuring process thereof, is not in service, the amount of Service supplied during such period shall be determined by Bruce Power using the best information available. 7.4 Any meter by -pass lines will be under Bruce Power control and normally tagged in the closed position. 7.5 If Customer, acting reasonably, suspects an erroneous reading from any applicable Meter, Customer may request that, and Bruce Power shall, arrange to have the Meters recalibrated within ten (10) Business Days of Customer's request. If the Meters are found to be out of calibration by greater than 5% ( + / -), Bruce Power shall be responsible for costs related to the recalibration and will adjust disputed invoices accordingly. If the Meters are found to be calibrated with +1- 5%, Customer shall immediately reimburse Bruce Power for any costs it incurred with the recalibration, and pay any outstanding invoices, plus applicable interest. 4 7. ARTICLE 8.0 CUSTOMER'S PREMISES 8.1 Bruce Power shall have a right of access to the lands and the premises of Customer at any reasonable time during the Term and Renewal Term(if any) for any one or more of the following purposes: a. inspection, operation, testing, adjustment, repairing, alteration, reconstruction and /or removal of Bruce Power Equipment, the Terminal Isolation Valves, Meters and associated equipment, and /or Customer valves associated with the Meters; b. inspection of Customer Equipment for compatibility with Bruce Power Equipment; and /or c. meter reading. 8.2 Where practical to do so, Bruce Power will provide advance verbal or written notice to the Customer prior to exercising its right of access to the Customer premises provided that Bruce Power and its employees, officers, and contractors shall be entitled to enter the Customer premises without first obtaining any additional permission to do so in and if at any time access is refused or delayed and as a result Bruce Power is prevented from fulfilling its obligations with respect to the supply of Service to any person or persons other than the Customer, then the Customer shall indemnify Bruce Power against all claims and demands arising in any manner therefrom. Bruce Power shall not be required to provide advance notice of access if in Bruce Power's opinion based on information known to it at the time and believed to be true there is an actual or apprehended emergency or dangerous situation on the Customer premises concerning Bruce Power Equipment or Customer Equipment or if the Customer is in default under this Agreement at the time access is exercised. 8.3 Customer hereby grants to Bruce Power the right at all times during the continuance of this Agreement to use, free of charge or rent, as much of Customer's lands as Bruce Power may reasonably deem necessary for the construction, maintenance, operation, repair, replacement or extension of Bruce Power Equipment or new connection of Service to Customer and any other customer in the BEC. The location of the lands required for such purpose is to be mutually satisfactory to Bruce Power and Customer, and Customer will provide at no cost to Bruce Power appropriate easements or agreements satisfactory to Bruce Power in registerable form. 8.4 Customer agrees to keep its structures, machinery, plant and works at such distance from Bruce Power Equipment as will permit the safe and efficient maintenance and operation of Bruce Power Equipment. If Customer requires relocation of any 18 Bruce Power Equipment, Customer shall furnish on its lands another location satisfactory to Bruce Power. Bruce Power will perform the work of relocation and Customer will pay the cost thereof to the extent that Bruce Power Equipment is used for the supply of Service. 8.5 After termination of this Agreement, Bruce Power shall have the right to have access to the Customer's premises for the purpose of removing any Bruce Power Equipment on such premises. 8.6 This Article 8 shall survive termination of this Agreement. 49 ARTICLE 9.0 CUSTOMER'S EQUIPMENT 9.1 Customer Equipment shall at all times conform to all applicable codes, standards and regulations and shall be designed, installed, operated and maintained in such a manner so as to be compatible with Bruce Power Equipment. For this purpose Customer will provide Bruce Power with information, including all necessary approvals, relating to Customer's Equipment as Bruce Power may reasonably request. 9.2 Until Bruce Power is satisfied with the compatibility of Customer Equipment to Bruce Power Equipment, Bruce Power shall not be bound to the delivery of Service pursuant to this Agreement, or, if delivery of Service has commenced, to continue the same. 9.3 Customer agrees to provide and install Customer Equipment according to technical conditions as may be required for safe and economical delivery of Service pursuant to this Agreement. Currently applicable technical conditions are set forth in Schedule F which may be amended as considered necessary by Bruce Power in which event a reasonable period of notice shall be provided to Customer for compliance with any revised technical conditions. 9.4 Bruce Power shall not be liable for any loss, damage or injury to Customer due in any way to any failure on the part of Customer to meet the technical conditions as set forth in this Article. 20 ARTICLE 10.0 CUSTOMER'S OPERATION 10.1 If at any time Customer fails to operate its facilities as required by this Agreement, Bruce Power may give notice by telephone of such failure to the Customer contact person mentioned in s.16(i) (the "Customer Contact ") and Customer shall immediately remedy the said failure. In case of continued failure after the notice, Bruce Power may discontinue supply of Service or of any part thereof pursuant to Article 11. 10.2 Customer shall operate the Customer Equipment in such a manner so as not to cause disturbances or fluctuations on the Service systems through which Bruce Power is supplying Services to other customers. Customer shall take such remedial measures at its own expense by way of installing suitable apparatus or otherwise as may be necessary to reduce any disturbance or fluctuations on the Service supply system. 21- ARTICLE 11.0 CUSTOMER IN DEFAULT 11.1 If Customer fails to perform any obligation under this Agreement, Bruce Power may give written notice to Customer that unless the obligation is completely fulfilled within a reasonable period of time (as determined by Bruce Power), Bruce Power may discontinue the supply of Service. 11.2 If Customer continues in default in respect of the obligation beyond the period specified in the notice contemplated in Section 11.1 above, Bruce Power may discontinue the supply of Service, and may refuse to resume supply of Service until Customer has fulfilled its obligation. 11.3 The right to discontinue the supply of Service in this Section is in addition to and not in limitation of any other right provided elsewhere in this Agreement to discontinue the supply of Service for failure of Customer to perform a particular obligation. 11.4 If the Customer Contact is not immediately available to receive any such notice Bruce Power shall endeavor to provide such notice to an employee of Customer who is in a supervisory capacity at that time. If such persons are unavailable, such notice shall be given to any other employee of Customer 11.5 Bruce Power's discontinuance of Services as permitted under this Agreement shall not be construed as a breach of contract by Bruce Power, nor shall such discontinuance relieve Customer from its obligations to pay for Service in accordance with the provisions of this Agreement, and such provisions shall continue in force until termination of this Agreement, unless Bruce Power otherwise agrees in writing. 11.6 If Bruce Power, pursuant to Section 11.2, has discontinued supply of Service, Bruce Power may at its option give written notice to Customer that unless the obligation is completely fulfilled within a specified period (not less than ten (10) days), this Agreement will be deemed terminated. Such termination shall be without waiver of any amounts which may be due or of any rights including the right to damages for such breach which may have accrued up to and including the date of such termination. ARTICLE 12.0 LIABILITY 12.1 Customer shall assume all risk, liability or obligation in respect to: (a) all damage to property of Bruce Power on or off of Customer's lands and premises; and (b) all loss, damage or injury to (i) property of Customer or property of any third person on or off of Customer's lands and premises, or (ii) any person or persons (including loss of life) on or off of Customer's lands and premises, which loss, damage or injury shall have been due to Service supplied by Bruce Power to Customer or due to the said property of Bruce Power to the extent used to supply Service to Customer or due to any reason directly or indirectly related to this Agreement, except to the degree that such loss, damage or injury shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. Without limiting the generality of the foregoing, Customer bears the sole responsibility for the cost of any damage to Customer Equipment that may occur due to the operation of Bruce Power Equipment. Customer also bears the sole responsibility for any damage to equipment of a third party or Bruce Power or its servants or agents, that may occur due to the operation of Customer Equipment, except to the degree that such damage shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.2 Customer shall assume all risk, liability or obligation in respect to all actions, causes of action, suits, proceedings, Claims, demands, losses, damages, penalties, fines, costs, expenses, obligations and liabilities arising out of a discharge of any contaminant into the natural environment on Customer's lands and premises or elsewhere and any fines or orders of any kind that may be levied or made pursuant to the Environmental Protection Act (Ontario), the Ontario Water Resources Act, or the Dangerous Goods Transportation Act (Ontario), or other similar legislation whether federal or provincial or municipal except to the degree that such discharge shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.3 The Parties acknowledge that the purpose of this Agreement is to provide for a forty — eight(48) month supply of Service by Bruce Power to Customer at the BEC and to establish the price at which this Service will be supplied. The parties also acknowledge that the supply of Service may be interrupted from time to time as permitted and 23 contemplated by this Agreement or as a result of temporary changes in the system. It is agreed that Bruce Power shall not be liable, in such circumstances, to Customer for any damages resulting therefrom. 12.4 Customer shall indemnify Bruce Power and save it harmless from all risk, liability, and obligation assumed by Customer under this Article 12, and all Claims and demands in connection therewith, save and except such loss, damage or injury due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.5 Bruce Power shall indemnify Customer and save it harmless from all risk, liability, and obligation in connection with the use of Customer's lands used for delivery of Service to other customers of the BEC as per article 8.3 herewith. 12.6 All Bruce Power Equipment, Terminal Isolation Valves and Meters on or in Customer's lands and premises shall be there at the risk of Customer. Subject to ss. 7.1, if any of the Bruce Power Equipment, Terminal Isolation Valves or Meters, is destroyed or damaged other than by ordinary wear and tear or by Bruce Power's actions, Customer shall pay to Bruce Power the value of such equipment or, at Bruce Power's option, the cost of repairing or replacing same. 12.7 Bruce Power shall not be liable for any loss, damage or injury to Customer which, in Bruce Power's opinion, is due to Customer not taking adequate precautions against contamination of Customer's product or any other failure on the part of Customer to meet the requirements as set forth in this Agreement. 12.8 Bruce Power additionally, shall not be liable to Customer for any damages arising as a result of any failure to supply Service in the event of default by Customer as set forth in Article 11.0. 12.9 Notwithstanding any other provision in this Agreement, in no circumstances whatsoever shall Bruce Power's liability to Customer exceed $5000.00. regardless of whether Customer's claim is based in contract, indemnity, tort /extra - contractual liability (including negligence, strict liability or otherwise). 24 12.10 Nuclear Liability (a) Notwithstanding any other provision in this Agreement, Bruce Power shall indemnify, defend and hold harmless Customer from and against any and all injury to Customer or damage to the property of Customer resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station, save and except for: (i) injury or damage suffered by Customer from a nuclear incident which occurred wholly or partly as a result of Customer's unlawful act or omission with intent to cause injury or damage; and (ii) damage to transportation equipment or storage facilities arising from a nuclear incident occurring during the carriage or incidental storage of nuclear material by Customer, unless such damage is covered by Bruce Power's nuclear liability insurance. (b) Customer shall not and shall require its representatives, including any of its subcontractors, consultants, agents or advisers, not to hold any supplier of Bruce Power liable for injury to Customer or such persons, or damage to the property of Customer or such persons, resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station. (c) Notwithstanding any other provision of this Agreement other than subsection (a) (i) and (ii) above, Bruce Power shall defend, hold harmless and indemnify Customer against liability to third parties resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station. (d) For the purposes of this section the terms "damage ", "nuclear incident" and "injury" shall have the meanings ascribed thereto in the Nuclear Liability Act (Canada) (the "Act ") and the term "supplier" means any person (regardless of tier in the case of contractors or subcontractors) that has furnished or is furnishing directly or indirectly, equipment, articles, information, materials or services for use at the Bruce Nuclear Generating Station. 25 ARTICLE 13.0 WAIVER 13.1 Any failure by either Bruce Power or Customer to exercise any right or enforce any remedy under this Agreement shall be limited to the particular instance, and shall not be deemed to be a waiver of any other right or remedy or affect the validity of this Agreement. 13.2 The exercise by either Party of any rights or remedy hereunder shall not be deemed to waive any other rights or remedy that such Party may have, and such rights or remedies may be exercised and continued concurrently or separately. 26 ARTICLE 14.0 FORCE MAJEURE 14.1 Except that payments required to be made by Customer pursuant to this Agreement are not excused by any circumstance, happening or event, and without limiting Bruce Power's rights under Article 2.0, neither Party shall be held responsible or liable, either directly or indirectly, or be deemed in default or in breach of this Agreement for any loss, damage, detention, delay, failure or inability to meet any of its commitments hereunder caused by or arising from any cause which is unavoidable or beyond its reasonable control, including without limitation war, hostilities, invasion, insurrection, riot, the order of, the action or the failure to act by, any competent civil government (including the Government of Canada, or any provincial or local government thereof or any statutory tribunal of competent jurisdiction), explosion, fire, strikes, lockouts or labour disputes and the time or times provided for hereunder for performance by both parties shall be extended for a period equivalent to the time any such cause was preventing performance together with any further extension of time as the parties may mutually agree upon. 14.2 If either Party is unable to perform its obligations hereunder due to a force majeure cause, it shall so notify the other Party in writing, stating the cause and shall use its best endeavor to remove such cause provided, however, that neither Party shall be obligated to resolve or terminate any disagreement with third parties including labour disputes except under conditions acceptable to it or pursuant to the final decision of any arbitral, judicial or statutory agency having jurisdiction to finally resolve the disagreement. 2� ARTICLE 15.0 APPROVALS 15.1 The parties hereto acknowledge and agree that each Party will obtain all necessary federal, provincial, municipal or other governmental or administrative approvals for all aspects of its own works. 28 ARTICLE 16.0 CONTACTS 16.1 Any formal notice required by this Agreement shall be deemed properly given if either faxed with confirming receipt from recipient, sent by registered mail, or delivered as follows: (i) on behalf of Customer to: BI -AX International Inc. P.O. Box 233 Lot 2 RP 3M -113 R.R. #3 Tiverton, ON Attention: President Fax No.: (519) 368 -7017 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: General Counsel Fax No. (519) 361 -4333 And to: Attention: Operations Manager — Property Management Fax No. (519) 361 -1797 Either Party may change its representative specified above by giving written notice thereof to the other Party. 16.2 Any written correspondence regarding day -to -day activities between Bruce Power and Customer shall be deemed properly given if either fax, mailed or delivered as follows: 29 (i) on behalf of Customer, to: BI -AX International Inc. P.O. Box 233 Lot 2 RP 3M -113 R.R. #3 Tiverton, ON Attention: President Fax No.: (519) 368 -7017 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: Gary Lee, Operations Section Manager Fax No.: (519) 361 -5777 16.3 Any verbal correspondence regarding the day -to -day activities between Bruce Power and Customer shall be: • 1st — Gary Lee, Chief Engineer, Production /Supervisor (telephone number 361 -2673 ext. 5558), or alternatively, • 2nd — Duty Shift, Boilers and Systems Supervisor (telephone number 361 -2673 Ext. 4551) . • Carl Gateman (BI -AX) Maintenance Manager telephone number 519- 368 -7015 16.4 Any day -to -day verbal communication regarding the day -to -day activities will be between Bruce Power and Customer. The sewage Operating Authority (the operational agent for Bruce Power) will be Todd Davis, Cluster Manager, Owen Sound Hub, Ontario Clean Water Agency, PO Box 760, Anglesia St. N, Southhampton, ON., NOH 2L0 (Telephone No.: 519- 797 -2561 ext. 224; Fax No.: 519- 797 -3080; E -mail: tdavis @ocwa.com). as ARTICLE 17.0 PUBLIC NOTICES 17.1 The Customer shall jointly plan and co- ordinate with Bruce Power any public notices, press releases, and any other publicity of Customer concerning this Agreement and Customer shall not act in this regard without the prior approval of Bruce Power, unless such disclosure is required to meet timely disclosure obligations of any Party under Applicable Laws and stock exchange rules in circumstances where prior consultation with Bruce Power is not practicable and a copy of such disclosure is provided to Bruce Power at such time as it is made to the regulatory authority. Bruce Power shall have the right to make such press releases, without consultation or approval of the Customer, which Bruce Power deems in its sole discretion as are required by it. This provision shall survive expiry of the Term for a period of two years. 31- ARTICLE 18.0 SUCCESSORS AND ASSIGNS 18.1 This Agreement shall extend to, be binding upon and enure to the benefit of Bruce Power and of Customer and their respective successors and permitted assigns (including any successor by reason of amalgamation of any Party). 18.2 Customer may not assign this Agreement or any rights or obligations under this Agreement without the prior written consent of Bruce Power, which consent shall be in the sole and unfettered discretion of Bruce Power and may be unreasonably withheld. 18.3 For greater certainty, Bruce Power may assign its rights or obligations under this Agreement to any third party including the Municipality of Kincardine at any time immediately upon written notice to the Customer. ARTICLE 19.0 ENTIRE AGREEMENT 19.1 This Agreement, the Schedules attached hereto, and the agreements and other documents required to be delivered pursuant to this Agreement, if any, constitute the entire agreement between the Bruce Power and Customer and sets out all the covenants, promises, warranties, representations, conditions, understandings and agreements between Bruce Power and Customer pertaining to the subject matter of this Agreement and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written between the Parties with respect thereto and sets forth the entire, complete and exclusive understanding between the Parties relating to the subject matter hereof. There are no covenants, promises, warranties, representations, conditions, understandings or other agreements, oral or written, express, implied or collateral between the Parties in connection with the subject matter of this Agreement except as specifically set forth in this Agreement and any document required to be delivered pursuant to this Agreement. Neither this Agreement nor any provision hereof is intended to confer upon any person other than the Parties any benefits or any rights or remedies hereunder. The execution of this Agreement by the Parties has not been induced by, nor do either of the Parties rely upon or regard as material, any representations, writings covenants, promises, warranties, conditions, understandings and agreements whatsoever not incorporated herein and made part hereof. 2.2 ARTICLE 20.0 APPLICABLE LAW 20.1 This Agreement shall for all purposes be construed and interpreted according to the laws in force in the Province of Ontario. ARTICLE 21.0 AMENDMENTS 21.1 No amendment, supplement, modification or waiver or termination of this Agreement and, unless otherwise specified, no consent or approval by any Party, shall be binding unless executed in writing by the Party to be bound thereby. ARTICLE 22.0 CONFIDENTIALITY 22.1 (a) Except as authorized in writing by the owner, or as contemplated herein, each Party shall keep confidential all proprietary and confidential information of the other made available to it as a result of this Agreement, whether or not marked as such, including, without limitation, all unpublished business and technical information, papers, or records, however produced. These obligations of confidentiality shall survive completion and /or termination of this Agreement. (b) Notwithstanding Section 22.1(a), each Party to disclose confidential information of the other party where: (a) it discloses such to a court or arbitrator which has jurisdiction in a particular legal claim, dispute or order, (b) it discloses such to business entities that are parent companies or subsidiaries of it or any such parent company or an affiliated company of any of the foregoing ( "Group "); (c) it discloses such to any of its directors, officers, employees, agents and professional advisors of it or of its Group or of a third party who have a commercially legitimate need -to -know and agree in writing to maintain confidentiality; (d) it received that information independently; or (e) the information becomes public through no breach of this Agreement. ARTICLE 23 EXECUTION AND DELIVERY 23.1 This Agreement may be executed by the Parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles shall together constitute one and the same agreement. S3 ARTICLE 24 SEVERABILITY 24.1 Each of the provisions contained in this Agreement are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Agreement. To the extent permitted by Applicable Law, the Parties waive any provision of Applicable Law that renders any provision of this Agreement invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. ARTICLE 25 FURTHER ASSURANCES 25.1 The Parties shall with reasonable diligence do all such things and provide all such reasonable assurances as may be required to consummate the transactions contemplated by this Agreement, and each Party shall provide such further documents or instruments required by any other Party as may be reasonably necessary or desirable to effect the purpose of this Agreement and carry out its provisions. ARTICLE 26 DISPUTE RESOLUTION 26.1 Negotiation. If any dispute between the Parties arises under or in connection with this Agreement that the contact persons in subsection 16.2 cannot resolve, each of the contact persons shall promptly advise its senior management, in writing, of such dispute. Within seven Business Days following delivery of such notice, a senior manager from each Party shall meet, either in person or by telephone (the "Senior Conference "), to attempt to resolve the dispute. Each senior manager shall be prepared to propose a solution to the dispute. If, following the Senior Conference, the dispute is not resolved, either Party may deliver an Arbitration Request in accordance with the procedures in this Article. If neither Party delivers an Arbitration Request within one year following the Senior Conference, the Parties shall be deemed to have waived their claims as to such matters. 26.2 Binding Arbitration. Any matter in issue between the Parties as to their rights under this Agreement may be decided by arbitration at the election of either Party; provided, however, that the Parties have first completed a Senior Conference pursuant to this Section. To initiate arbitration a Party may deliver a notice of dispute and request for arbitration (an "Arbitration Request ") to the other Party. Any dispute to be decided by 34 arbitration will be decided by a single arbitrator appointed by the Parties or, if such Parties fail to appoint an arbitrator within fifteen (15) days following the receipt of an Arbitration Request, upon the application of either of the Parties, the arbitrator shall be appointed by a Judge of the Superior Court of Justice (Ontario) sitting in the Judicial District of Toronto Region. The arbitrator shall not have any current or past business or financial relationships with any Party (except prior arbitration). The arbitrator shall provide each of the Parties an opportunity to be heard and shall conduct the arbitration hearing in accordance with the provisions of the Arbitration Act, 1991 (Ontario). Unless otherwise agreed by the Parties, the arbitrator shall render a decision within ninety (90) days after the end of the arbitration hearing and shall notify the Parties in writing of such decision and the reasons therefor. The arbitrator shall be authorized only to interpret and apply the provisions of this Agreement and shall have no power to modify or change the Agreement in any manner. The decision of the arbitrator shall be conclusive, final and binding upon the Parties. The decision of the arbitrator may be appealed solely on the grounds that the conduct of the arbitrator, or the decision itself, violated the provisions of the Arbitration Act, 1991 (Ontario) or solely on a question of law as provided for in the Arbitration Act, 1991 (Ontario). The Arbitration Act, 1991 (Ontario) shall govern the procedures to apply in the enforcement of any award made. If it is necessary to enforce such award, all costs of enforcement shall be payable and paid by the Party against whom such award is enforced. Each Party shall be otherwise responsible for its own costs incurred during the arbitration process. 26.3 Confidentiality. The arbitration proceedings conducted pursuant hereto shall be confidential. Neither Party shall disclose or permit the disclosure of any information about the evidence adduced or the documents produced by any Party in the arbitration proceedings or about the existence, contents, or results of the arbitration award without the prior written consent of such other Party except as required by order during the course of a judicial or regulatory proceeding or as required by a Governmental Authority, so long as the Party intending to make such disclosure shall give the other Party prompt notice of the disclosure request to afford the other Party opportunity to protect its interests. ARTICLE 27 REMEDIES 27.1 The rights, powers and remedies of Bruce Power provided in this Agreement are in addition to and in no way limit Bruce Power's rights, powers and remedies available at law or in equity. Each right, power and remedy of Bruce Power provided herein and available at law or in equity or in any other agreement shall be separate and in addition to every other such right, power and remedy. Any one or more rights, remedies and powers may be exercised by Bruce Power from time to time and no such exercise shall exhaust all rights, remedies or powers of Bruce Power or preclude Bruce Power from exercising any one or more of such rights, remedies and powers or any combination thereof from time to time or simultaneously. 35 IN WITNESS WHEREOF, Bruce Power and Customer have caused this Agreement to be executed by their duly authorized representatives as of the date first above written. BI -AX INTERNA INC. By: 4.--- Name:D avid Ingl's °» , - i W.- c-,.--It`_ Title: President BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. By: a/I/ Name: Dwight illett Title: Executive Vice President, Corporate Services BRUCE POWER LAW DIVISION Approved By: A-1 M'►^ Vi rw4tl Date oZ 0 1 Name: Brian Armstrong, Q.C. Title: Executive Vice President and General Counsel 36 SCHEDULE A Industrial Water and Sewer Service SCHEDULE A.1 CONDITIONS OF SERVICE A1.1 Customer shall abide by all conditions of this Agreement, and all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws (including without limitation Sections 1 and 2 of the Ontario Clean Water Agency Model Sewer Use By -Law as amended from time to time, copies of which are attached as Schedule A2 hereto and forming part hereof), legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law. A1.2 The maximum sewage flow and maximum average contracted sewage loading is specified in Schedule B. A1.3 Waste Audit Survey 1) A customer which discharges any amount of Subject Pollutant (as defined in paragraph (ss) of Section 1, Schedule A.2) shall prepare a Waste Audit Survey (Survey) in the form set out at Schedule G and submit it to Bruce Power with respect to the premises from which the discharge occurs by no later than 30 days after commencing discharge. Bruce Power approved. Surveys Audit Surve s submitted to ruce ower shall be a roved. If Bruce Power determines that the Waste Audit Survey does not comply with the requirements of this Agreement Bruce Power may at its sole discretion refuse or terminate service as the case maybe. 3) 3.1) The Waste Audit Survey shall be in the form designated by Bruce Power attached as Schedule G here in,.and may change from time to time. 3.2) In addition to any other matter or requirement designated by Bruce Power, and not withstanding subsection 3.3 of Section A1.3 Schedule A each Survey shall include the following: 3.2.1) A description of the processes at the premises which use or produce Subject Pollutants; 137. 3.2.2) A map indicating locations of Subject Pollutants present at the premises at any stage of the operations of the premises, including storage inside, outside, above ground and below ground 3.2.3) The type and / or description of storage container(s) each Subject Pollutant is contained in; 3.2.4) A complete list of all Subject Pollutants used or produced on the premises; 3.2.5) A description setting out the types, quantities and concentrations of all Subject Pollutants discharged, directly or indirectly, to a sewer; 3.2.6) A copy of the Certificate of Approval or Provisional Certificate of Approval and any Amendments (if applicable) 3.2.7) Small quantity generator number (if applicable) 3.2.8) A description of current waste reduction, recycling, waste treatment and pollution prevention activities with respect to sewer discharge at the premises; 3.2.9) A declaration from an authorized person that the content of the plan is, to the best of that person's knowledge, true, accurate and complete. 3.3) Bruce Power may designate a different form for the Waste Audit Survey with respect to any Customer. 3.4) In the event that the activity or business of the Customer which discharges any amount of a Subject Pollutant which commenced business operations prior to January 1, 2010, shall prepare a Waste Audit Survey and submit it to Bruce Power by no later than June 30, 2010. 3.5) Any Customer discharging any amount of a Subject Pollutant, which commences business operations after Jan 1, 2010, shall have 30 days from the date of commencement of its business operations to prepare a Waste Audit Survey and submit it to Bruce Power. 3.6) At all times after the dates specified in subsections 3.1, 3.4 and 3.5 of Section 1.3 Schedule A, every Customer discharging a Subject Pollutant shall have a Waste Audit Survey that has been approved by Bruce Power. 3.7) In the event that the Customer submitting a Waste Audit Survey, is not sent written notice from Bruce Power that the Survey is not approved by Bruce Power within 90 days of the Customer delivering the survey to Bruce Power, the survey shall be deemed to have been approved by Bruce Power. 3.8) Where the Customer receives notice from Bruce Power that it's Waste Audit Survey has not been approved, the Customer shall have 90 days to amend and resubmit it's survey to Bruce Power for approval in accordance to this Agreement 3.9) In the event that a Waste Audit Survey resubmitted to Bruce Power in accordance with subsection 3.8) of this Agreement continues to fail to comply with the requirements of this Agreement, Bruce Power shall so notify the Customer and the 38 Customer shall be in contravention of subsection 3(1) of this Agreement and shall continue to be in contravention of this Agreement until such time as Bruce Power approves of an amended Waste Audit Survey resubmitted by the Customer, in accordance with this Agreement. 3.10) The Customer discharging a Subject Pollutant shall submit a revised and updated Waste Audit Survey for the approval of Bruce Power at least once every two years from the date which the original survey was required to be submitted. 3.11) Bruce Power may designate to the Customer a date with respect to which they shall be required to submit to Bruce Power a Waste Audit Survey. 3.12) Bruce Power may designate any matter as a Subject Pollutant and may designate a date with respect to which any Customer discharging such Subject Pollutant shall be required to submit to Bruce Power a Waste Audit Survey. 3.13) A copy of the Waste Audit Survey shall be kept at all times at the Customer's premises in respect to which it was prepared and shall be available for inspection by Bruce Power at any time. 3.14) The Customer shall provide written notification to Bruce Power of any change to the information required under 3(1). 39 SCHEDULE A.2 SEWAGE QUALITY REQUIREMENTS as per the Provincial Model Bylaw SECTION 1 DEFINITIONS 1. In this by -law: (a) "acute hazardous waste chemical" means a material which is an acute hazardous waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (b) "authorized representative of the owner or operator" means (i) A principal executive officer of at least the level of vice president, if the owner or operator is a corporation; or (ii) A general partner or proprietor if the owner or operator is a partnership or proprietorship, respectively; or (iii) A duly authorized representative of the individual designated above if such representative is responsible for the overall operation of the facilities from which the sewage discharge originates; (c) "biochemical oxygen demand" means carbonaceous oxygen demand (biochemical) as determined by Method 507 in Standard Methods when an inhibiting chemical has been added to prevent ammonia oxidation; (d) "blowdown" means the discharge of recirculating noncontact cooling water for the purpose of discharging materials contained in the water, the further buildup of which would cause concentrations in amounts exceeding limits established by best engineering practices; (e) "combined sewer" means a sewer intended to function simultaneously as a storm sewer and a sanitary sewer; (f) "commercial waste chemical" means a material which is a commercial waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act. (Ontario); (g) "composite sample" means a sample which is composed of a series of grab samples taken at intervals during the sampling period; (h) "cyanide (total)" means cyanide as determined by Methods 412B plus one of Method 412C or 412D in Standard Methods; 4G (i) "de minimis dose" means a dose of radiation to an individual of .05 millisieverts per year; (j) "de minimis waste" means any waste radioactive material that will not result in a dose of radiation exceeding the de minimis dose regardless of the quantity of the material or how it is used or managed; (k) "fuels" includes (i) any ignitable liquid intended for use as a fuel with a flash point less than 61 °Celsius as determined by one of the methods in Ontario Regulation 309 made under the Environmental Protection Act (Ontario) and (ii) gasoline, naptha, diesel fuel or fuel oil; (1) "grab sample" is an aliquot of the flow being sampled taken at one particular time and place; (m) "hauled sewage" means waste removed from cesspool, a septic tank system, a privy vault or privy pit, a chemical toilet, a sewage holding tank or any other sewage system of a type regulated under Part VII of the Environmental Protection Act (Ontario); (n) "hazardous industrial waste" means a material which is a hazardous industrial waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (0) "hazardous waste chemical" means a material which is a hazardous waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (p) "ignitable waste" means a material which is an ignitable waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (q) "industrial" shall mean of or pertaining to industry, manufacturing, commerce, trade, business, or institutions as distinguished from domestic or residential; (r) "industrial process area" means any industrial building, property or land area which during manufacturing, processing or storage comes into direct contact with any raw material, intermediate product, finished product, byproduct, or waste product; (s) "Kjeldahl Nitrogen" means organic nitrogen as determined by one of Method 420A or 420B in Standard Methods; (t) "matter" includes any solid, liquid or gas; (u) "municipality" means The Corporation of the Municipality of Kincardine or its designated representative; 41- (v) "noncontact cooling water" means water which is used to reduce temperature for the purpose of cooling and which does not come into direct contact with any raw material, intermediate product other than heat, or finished product; (w) "once - through cooling water" means noncontact cooling water that has been circulated once through the cooling device; (x) "owner" or "operator" means the owner or operator of any facility or activity subject to the provisions of this by -law; (y) "pathological waste" means a material which is a pathological waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act. (Ontario) or any material which may be designated in writing by the Chief Medical Officer of Health (Ontario); (z) "PCB" means any monochlorinated or poly - chlorinated biphenyl or any mixture of these or mixture that contains one or more of them; (aa) "PCB waste" means a PCB waste within the meaning of Ontario Regulation 148/86 made under the Environmental Protection Act (Ontario); (bb) "person" includes an individual, association, partnership, corporation, municipality, Provincial or Federal Agency, or an agent or employee thereof; (cc) "pesticides" means a pesticide regulated under the Pesticides Act (Ontario); (dd) "Ph" means the logarithm to the base 10 of the reciprocal of the concentration of hydrogen ions in moles per litre of solution; (ee) "phenolic compounds" means those derivatives of aromatic hydrocarbons which have a hydroxyl group directly attached to the ring as determined by one of Method 510B or 510C in Standard Methods; (ff) "phosphorus" means total phosphorus as determined by both Method 424C plus one of Method 424D, 424E, 424F, or 424G in Standard Methods; (gg) "reactive waste" means a material which is a reactive waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (hh) "sanitary sewer" means a sewer for the collection and transmission of domestic, commercial, institutional and industrial sewage or any combination thereof; (ii) "severely toxic material" means any material listed in Schedule 3 of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (jj) "sewage" means any liquid waste containing animal, vegetable or mineral matter in solution or in suspension, except uncontaminated water; (kk) "sewage works" means any works for the collection, transmission, treatment or disposal of sewage, or any part of such works; 42 (11) "SIC code" means Standard Industrial Classification Code contained in either the Standard Industrial Classification Manual published by the Minister of Supply and Services Canada, 1980 (Canadian SIC) or the Standard Industrial Classification Manual published by the Executive Office of the President, Office of Management and Budget, 1972 (U.S. SIC); (mm) "solvent extractable matter of animal or vegetable origin" means grease, and oil as determined by one of Methods 503A, 503B, 503C, or 503D in Standard Methods: (nn) "solvent extractable matter of mineral or synthetic origin" means grease and oil as determined by Method 503B in Standard Methods; (oo) "Standard Methods" means a procedure set out in Standard Methods for the Examination of Water and Wastewater published jointly by the American Public Health Association, American Water Works Association and Water Pollution Control Federation, 16th Edition (1985), current at the date of testing, or a procedure published by the Ontario Ministry of the Environment as a standard method or the equivalent of a standard method; (pp) "storm sewer" means a sewer for the collection and transmission of uncontaminated water, stormwater, drainage from land or from a watercourse or any combination thereof: (rr) " stormwater" means water from rainfall or other natural precipitation or from the melting of snow or ice; (ss) "subject pollutant" means any liquid or solid that contains any of the substances listed in Schedule A2 of this Agreement that is discharged or could be discharged to the sewer or combined sewer. (tt) "'suspended solids" means solid matter in or on a liquid which matter is removable by filtering and dried at 103 - 105 °C as determined by Method 209C in Standard Methods; (uu) "uncontaminated water" means water to which no matter has been added as a consequence of its use, or to modify its use, by any person; (vv) "waste disposal site leachate" means leachate from any waste disposal site; and (ww) "waste radioactive materials" means any waste material exhibiting the property of spontaneous disintegration of atomic nuclei usually with the emission of penetrating radiation or particles. 43 SECTION 2 DISCHARGES TO SANITARY SEWERS DISCHARGES TO COMBINED SEWERS 2 (1) No person shall discharge or deposit or cause or permit the discharge or deposit of matter of a kind listed below into or in land drainage works, private branch drains or connections to any sanitary sewer or combined sewer: 1. matter of any type or at any temperature or in any quantity which may be or may become a health or safety hazard to a sewage works employee, or which may be or may become harmful to a sewage works, or which may cause the sewage works effluent to contravene any requirement by or under the Ontario Water Resources Act or the Environmental Protection Act (Ontario), or which may cause the sludge from sewage works to fail to meet the criteria relating to contaminants for spreading the sludge on agricultural lands under Ontario's Guidelines for Sewage Sludge Utilization on Agricultural Lands (as revised January, 1986) unless the person has been advised in writing by the operator of the sewage treatment works that the sludge from the sewage treatment works will never be used on agricultural lands, or which may interfere with the proper operation of a sewage works, or which is or may result in a hazard to any person, animal, property or vegetation and; 2. without limiting the generality of the foregoing, any of the following: (a) Solid or viscous substances in quantities or of such size as to be capable of causing obstruction to the flow in a sewer, including but not limited to ashes, bones, cinders, sand, mud, straw, shavings, metal, glass, rags, feathers, tar, plastics, wood, underground garbage, animal guts or tissues, paunch manure, and whole blood. (b) Sewage that may cause an offensive odour to emanate from a sewage works, and without limiting the generality of the foregoing, sewage containing hydrogen sulphide, carbon disulphide, other reduced sulphur compounds, amines or ammonia in such quantity that may cause an offensive odour. (c) Except in the case of discharge into a combined sewer, stormwater, water from drainage of roofs or land, water from a watercourse or uncontaminated water. (d) Water other than stormwater that has originated from a source separate from the water distribution system of the municipality. (e) Sewage or uncontaminated water at a temperature greater tha -1 5 degrees Celsius. (f) Sewage having a Ph less than 5.5 or greater than 9.5. 44 (g) Sewage containing more than 15 milligrams per litre of solvent extractable matter of mineral or synthetic origin. (h) Sewage containing more than 150 milligrams per litre of solvent extractable matter of animal or vegetable origin. (i) Sewage in which the biochemical oxygen demand exceeds 300 milligrams per litre. (j) Sewage containing more than 300 milligrams per litre of suspended solids. (k) Sewage containing more than 10 milligrams per litre of phosphorus. (1) Sewage containing more than 100 milligrams per litre of Kjeldahl nitrogen. (m) Sewage containing more than 1 milligram per litre of phenolic compounds. (n) Sewage which consists of two or more separate liquid layers. (o) Sewage containing dyes or colouring materials which pass through a sewage works and discolour the sewage works effluent. (p) Sewage containing any of the following in excess of the indicated concentrations; 1500 milligrams /litre Chlorides expressed as Cl Sulphates expressed as SO4 50 milligrams /litre Aluminum expressed as Al Iron expressed as Fe 10 milliqrams /litre Fluorides expressed as F 5 milligrams /litre Antimony expressed as Sb Bismuth expressed as Bi Chromium expressed as Cr Cobalt expressed as Co Lead expressed as Pb Manganese expressed as Mn Molybdenum expressed as Mo Selenium expressed as Se Silver expressed as Ag Tin expressed as Sn 45 Titanium expressed as Ti Vanadium expressed as V 3 milligrams /litre Copper expressed as Cu Nickel expressed as Ni Zinc expressed as Zn 2 milligrams /litre Cyanide (total) expressed as CN 1 milligram /litre : Arsenic expressed as Cadmium expressed as Cd 0.1 milligrams /litre Mercury expressed as Hg (q) The following materials or sewage containing any of the following in any amount; Fuels PCBs Pesticides Severely Toxic Materials Waste Radioactive Materials (r) The following materials or sewage containing any of the following in any amount; Hauled Sewage Waste Disposal Site Leachate (s) The following hazardous wastes in any amount; Acute Hazardous Waste Chemicals Hazardous Industrial Wastes Hazardous Waste Chemicals Ignitable Wastes Pathological Wastes PCB Wastes Reactive Wastes 46 (2) In determining whether the limit with respect to any matter prescribed in subsection 2(1) is contravened, the volume of any water that has been added for the purpose of enabling the limit to be met and of any storm sewer discharges to a combined sewer shall be disregarded for the purposes of calculating whether the limit has been met so that compliance with the limit cannot be attained by dilution. 3 - Compliance Program 3.1) The Customer may submit to Bruce Power a proposed compliance program setting out activities to be undertaken by the Customer that would result in the prevention or reduction and control of the discharge or deposit of matter from the Customer's premises into municipal or private sewer connections to any sanitary or combined sewer. 3.2) The Customer may submit to Bruce Power a proposed compliance program setting out activities to be undertaken by the Customer that would result in the prevention or reduction and control of the discharge or deposit of uncontaminated water, groundwater or storm water from the Customer's premises to eliminate the discharge of matter into municipal or private sewer connections. 3.3) Upon receipt of an application pursuant to subsections (1) and (2) above, Bruce Power may issue an approval for a compliance program for the Customer to discharge an effluent that does not comply with limits specified in this Agreement such approval to be in accordance with guidelines therefore adopted by Bruce Power from time to time. The Customer shall be entitled to make non - complying discharges in the amount and only to the extent set out in Bruce Power's approval during the planning, design, and construction or installation of facilities or works needed to implement the approved compliance program. 3.4) Every proposed compliance program shall be for a specified length of time during which treatment facilities are to be installed, and shall be specific as to the remedial action to be implemented by the industry, the dates of commencement and completion of the activity, and the materials or other characteristics of the matter to which it relates. The final activity completion date shall not be later than the final compliance date in the compliance program. 3.5) When a compliance program has been issued to a Customer they shall submit a compliance program progress report to Bruce Power within 14 days after the scheduled completion date of each activity listed in the compliance program. 3.6) Bruce Power may terminate any proposed compliance program by written notification at any time to the Customer in the event that the industry fails or neglects to carry out or diligently pursue the activities required of it under its approved compliance program. 3.7) Bruce Power is authorized to execute agreements with Customers with respect to approved compliance programs which agreements may, in accordance with guidelines adopted by Bruce Power from time to time, include a provision for a reduction in the payment otherwise required from the Customer to Bruce Power pursuant to an Industrial Waste 47. Surcharge Agreement. The reduction in payment to Bruce Power may be in such an amount and for such duration as the agreement may specify. 3.8) Bruce Power may terminate any approved compliance program agreement entered into pursuant to section 5(5) by written notice at any time to the Customer in the event that the Customer fails or neglects to carry out or diligently pursue the activities required of it under its approved compliance program, and in the event of such termination, the Customer shall pay to Bruce Power the full difference in amount between what it was required to pay to Bruce Power pursuant to the Industrial Waste Surcharge Agreement, and the amount actually paid to Bruce Power as a result of having entered into an agreement with respect to the approved compliance program. 4- Sampling and Analytical Requirements 4.1) The sampling and analysis required by this Agreement shall be carried out in accordance with the procedures, modified or unmodified, as described in Standard Methods or the "Guidance Document for the Sampling and Analysis of Wastewater for the 1999 Model Sewer Use By- law ", or analytical methods adopted by Bruce Power. 4.2) Compliance or non - compliance with this Agreement may be determined by the analysis of a grab sample or a composite sample done in accordance with subsection 6(1), may contain additives for its preservation and may be collected manually or by using automatic sampling device. 4.3) Where there is no maintenance access hole, Bruce Power may by written notice to the Customer, make use of an alternate device or facility for the purpose of sampling a discharge to the sewage works 4.4) If the Customer is given written approval from Bruce Power to perform discharger self monitoring the following will apply: 4.4.1) The Customer shall complete, any monitoring or sampling of any discharge to a sewage works, as required by Bruce Power, and provide the results to Bruce Power in accordance with written notification from Bruce Power; and 4.4.2) The obligations set out in or arising out of 6(3) shall be completed at the expense of the Customer unless Bruce Power has agreed in writing to share the expense with the Customer. 4.5) Bruce Power is authorized to execute agreements the Customer with respect to approved compliance programs or Industrial Waste Surcharge Agreement which agreements may, in accordance with guidelines adopted by Bruce Power from time to time, include a provision for routine sampling and reporting on chemical parameters listed in the agreement. 48 4.6)The obligations set out in or arising out of 5(7) shall be completed at the expense of the Customer unless Bruce Power has agreed in writing to share the expense with the Customer. 5 - ENFORCEMENT 5.1 Penalty - for contravention Any person other than a corporation who contravenes any section of this agreement may be liable for a penalty of no more than $10,000.00 for a first offence and not more than $25,000.00 for any subsequent offence under this Agreement. 5.2 Fine - for contravention - corporation Notwithstanding any other provision of this Agreement, a Customer in contravention of this Agreement is liable for a penalty of not more than $50,000.00 for a first offence and not more than $100,000.00 for any subsequent offences. 49 i SCHEDULE B CONTRACTED QUANTITIES Maximum Sewer Flow Daily: 5m Hydraulic Loading 300 mg/1 Concentration Up to a Max BOD Loading of 7 Kg /week Up to a Max BOD Loading of 26 Kg /Month Maximum Average Sewer Loading On average, "biochemical oxygen demand" and "suspended solids" no higher than 300 milligrams per litre. Note: 1. Additional quantities, at Bruce Power's discretion, may be supplied to Customer if available. 2. The maximum sewage loading for the average quality is less than the maximum allowable limit under Article B3. 3. For the purpose of the determining the average sewage loading (strength), the arithmetic mean will be calculated of at least 2 samples taken during the same calendar month. CABL may request additional samples to be taken at its expense that may be included in the arithmetic mean to determine average sewage loading. 4. For the purpose of determining the Basic Sewer Service quantity a calculation from the Industrial Water total quantity may be used. Schedule C SEWER SERVICE RATES C1.1 The current rates for the supply of Sewer Service shall be as set forth. The rate for sewage treatment service for the year 2010 and 2011 shall be: BASIC Sewer Service 2010 and 2011: $1.523 per m In December of each of 2011 and 2012 the rates will be adjusted (with adjusted rates commencing as of January of the following year), in accordance with annual increases or decreases in the Statistics Canada Consumer Price Index (Ontario All Items)with October 2010 as the base. Customer's sewer above contracted maximum flow or average loading (a) i) If the weekly or monthly average "Biochemical Oxygen Demand" Loadings is higher than those set in Schedule B and /or "suspended solids" is higher than 300 milligrams per litre, there will be additional charge(s) equal to an increasing multiple of the Basic Sewer Service rate as follows: BOD or Suspended Solids Range Surcharge Factor 301 - 350 = X25% 351 - 400 = X 50% 401 - 500 = X 200% 501 - 600 =X250% Customer shall not exceed the above limits at any time ii) If the Hydraulic Loading daily average for the billing period is higher than the limit set out in Schedule B, the charge(s) for Basic Sewer Service shall be proportionately increased to reflect such higher than average Hydraulic Loading amounts (for example, if the Hydraulic Loading daily average for the billing period is 10% higher than the limit set out in Schedule B, the charge(s) for Basic Sewer Service shall increase by 10% for that billing period). (b) All above charges would be additive. (c) Collection of additional charges would not preclude Bruce Power from exercising its rights to interrupt Service and this right may be exercised if Customer's effluent exceeds either the Quality Requirements per Schedule A2 or the Contracted Quantities per Schedule B. Above average quantities could only be tolerated for limited durations, if at all, as determined by Bruce Power or its agents. (d) Ninety (90) days before the end of the Term, Bruce Power will provide BEC DBL with Basic Sewer Service Rates for the Renewal Term (if any). If Bruce Power fails to do so, the Basic Sewer Service Rates applicable to the Term will apply to the Renewal Term (if any). (e) Without prejudice to any of Bruce Power's other rights, if any of the limitations outlined in Schedule A.2 are exceeded, the Basic Sewer Service rates charged to Customer will be increased in proportion to the amount of excess until contractual compliance is obtained or resumed. For example, exceeding limit(s) by ten percent will result in a ten percent increase in the rate for BASIC Sewer Service. (f) In addition to the forgoing Industrial Waste Surcharge Agreements may be granted at the sole discretion of Bruce Power on a case by case basis; and 1) Bruce Power may consider an agreement with respect to the discharge of the following treatable parameters in sewage: 1.1) BOD 1.2) Total phosphorus 1.3) Total suspended solids 1.4) Total Kjeldahl Nitrogen 2) At Bruce Power's discretion an agreement may be for a limited period of time or one -time discharge; 3) Bruce Power will require laboratory analysis of subject waste to be received by Bruce Power before any such agreement can be entered into; 4) Agreements entered into by Bruce Power may be terminated by Bruce Power by written notice at any time where there is an emergency situation of immediate threat or danger to any person, property, plant or animal life, water or sewage works; or 4.1) If subject waste exceeds initial parameter limits set out in the original Industrial Waste Surcharge Agreement on subsequent sampling and lab analysis; or 4.2) At the discretion of Bruce Power for any reason SCHEDULE D INDUSTRIAL WATER SERVICE Contracted Quantities Water Supply Daily: Up to 15 m /day "1 Emergency Water Supply Fire Protection: Up to 7000 1 /min for 2 hours "2 Note: 1 Additional quantities may be supplied to Customer if available as describe in Article 3. "2 The fire protection supply is the total amount available to all BEC customers and is not offered exclusively to any one customer. In the event Bruce Power interrupts the supply of Water as provided for in Article 6.0 of the Agreement or reduces the volume of Water supplied, Bruce Power will endeavor to supply Emergency Water as required. 63 SCHEDULE E WATER RATES E.1 The rates for Water and Emergency Water for the year 2010 and 2011 shall be those set forth below. Water 2010 and 2011 $0.2463 per m Emergency Water Meter Service 2010 and 2011 $351.94 /month In December of each of 2011 and 2012 the rates will be adjusted (with adjusted rates commencing as of January of the following year), in accordance with annual increases or decreases in the Statistics Canada Consumer Price Index (Ontario All Items)with October 2010 as the base. .64 SCHEDULE F Technical Conditions of Industrial Water and Sewer Service Fl Terminal Point and Scope of Supply The Terminal point will be at the Terminal Isolation Valves at a location determined by Bruce Power (normally Customer Lot line) . Customer must supply all materials on Customer's side of the Terminal point. F.2 Design Criteria Customer's Sewer Equipment shall be designed to ensure that effluent discharged to the sewer is within the quality and quantity limits specified in this Agreement. Customer's Water Equipment shall be designed to be capable of withstanding water pressures of up to 690 Kpa (100 pounds per square inch gauge). Watermains shall conform to AWWA standards as applicable. Customer's processes must be designed to accept occasional interruptions. F.3 Terminal Isolation Valves The Terminal Isolation Valves will normally be as close as possible to Customer's lot line. If Terminal Isolation Valves are located inside Customer's property, Customer shall provided Bruce Power with an easement or easements to allow Bruce Power access to maintain Bruce Power Equipment and the Meters (subject to subsection 7.1 (c) herein). €5 Schedule "G" WASTE AUDIT SURVEY FORM The completed Waste Audit Survey is to be forwarded to: Bruce Power Attention: Bill Jackson, Operations Manager — Property Management PO Box 1540 B10 02W Tiverton, ON NOG 2T0 Please type or print clearly when completing this form. 1 Name of Company 2 Address of Company 3 Owner of Property (if different from Company listed above) Phone: Fax: 4 General Site Operation Information Number of Employees involved in: Plant: Office: Other: Total: Number of shifts per day: Number of operating days per week: 5 Brief Description of Product / Service / Company Activity Include North American Industry Classification System (NAICS) number. If you do not know this already, you can search the Government Website below to get your appropriate code. http: / /www. statcan. ca /english/Subj ects /Standard /naics /2002 /naics02- index.htm 6 Brief Description of the Processes at the premises which use or produce subject pollutants. Include characteristics such as Batch (how many per time period), Continuous, or Both (explanation to be provided), Seasonal Production Cycles, Specific Clean -up Periods and Clean -up Activities 7 Average Daily Water Use and Sources Industrial Water Supply Yes / No m3 /day Estimated or Measured Surface Water* * Yes / No m3 /day Estimated or Measured Groundwater* Yes / No m3/Day Estimated or Measured Other Sources ** Yes / No m3 /day Estimated or Measured If flow rate varies significantly provide peak flow rates per day and month and explanation. * Provide copy of the Permit to Take Water (as required by the OWRA). * * If `Yes' — provide explanation as an attachment 57 8 `Are there' or Will there be' any of the following wastewater discharges from the description as provided? If yes for any, please provide a brief description and volume. Process Wastewater Yes / No m3 /day Cooling Water Yes / No m3 /day Other Sources of Wastewater (other than sanitary) Yes / No m3 /day 9 Known characteristics of Discharges Provide existing data on quality of the discharges listed above Parameter or By -law Average Significant Additional Condition* Limit Concentration Variation Information (mg /L) or Range (Yes or No) and Attached (in mg /L) Reason for the (Yes or No) Variations pH level* 6.0 to 10.5 Two or more One layers* Temperature* 600C B.O.D. 300 PCB's 0.0001 Total Suspended 350 Solids Total Phosphorus 10 Total Kjeldahl 100 Nitrogen Solvent 15 Extractables — Oil & Grease (Mineral) Solvent 150 Extractables — Oil & Grease (Vegetable /Animal) Total Cyanide 2 6 8 Total Aluminium 50 Total Antimony 5 Total Arsenic 1 Cadmium 2 (hexavalent) Total Cadmium 0.7 Total Chromium 2 Total Cobalt 5 Total Copper 2 Total Lead 1 Total Manganese 5 Total Mercury 0.01 Total Molybdenum 5 Total Nickel 2 Total Selenium 1 Total Silver 5 Total Tin 5 Total Titanium 5 Total Zinc 2 Phenolics (4AAP) 1.0 Chloroform 0.04 1,4 — 0.47 Dichloromethane Methyl Chloride 0.2 Methylene choride 0.21 1,1,2,2- 1.4 Tetrachlorethane 69 Tetrachloroethylene 0.05 Trichloroethylene 0.07 Benzene 0.1 Ethylbenzene 0.16 1,2- 0.05 dichlorobenzene 1,4- 0.08 dichlorobenzene Fluoride 10 Toluene 0.016 o- Xylene 0.52 10 Locations of Subject Pollutants, present at premises at any stage of the operations of the premises, including storage inside, outside, above ground and below ground Location of Process Units Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Raw Materials Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Intermediate Products Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Final Products Inside / Outside / Outside but covered Above Ground / Below Ground 11 Complete List of All Subject Type and /or description of storage Pollutants Used or Produced on container(s) each subject pollutant is Premises. Please use map or physical contained in. (Attach additional sheet(s) layout to indicate locations of of paper if necessary). Subject Pollutants. 6G 12 Physical Layout • Provide sketch of property (to scale or approximate) showing buildings, pre- treatment works, property boundaries, effluent lines, and connections to sanitary, combined and storm sewers. • Please identify sewers as listed on the Parameter Information Form as completed above. • Layout may be attached as separate document — leave note to indicate submission with this form. • A flow diagram of the site flows /processes is also required 61- 13 List Subject Discharged Discharged Not Discharged to Pollutants and Directly Indirectly Sewer Quantity /Concentration To Sewer To Sewer (Use additional sheet(s) of paper if necessary) 14 Pre - treatment of Discharge Prior to Discharge Does the site have any pre- treatment systems for process effluents prior to discharge to the sewer system? Yes / No If Yes — provide a description of the pre- treatment devices, contaminants removed, operational procedures for the device and description of process utilized in the device. 62 15 Does the site have any of the following programs in place to address discharges to the sewer system? Pollution Prevention Yes / No Describe Waste Treatment Yes / No Best Management Plan Yes / No Environmental Management System Yes / No Other Program / Practises Yes / No 16 Do you have a Certificate of Approval or Provisional Certificate of Approval? If yes, please attach a copy with this form. 17 Regulation 347 Information Provide any Generator Registration Numbers that the site holds under the requirements of Ontario Regulation 347 under the EPA Date Form Completed: Name and Title of Company Representative: Signature of Authorized Company Representative: 63 AGREEMENT FOR WATER AND SEWAGE ( "Agreement ") THIS AGREEMENT made as of the f day of January, 2010. BETWEEN: BRUCE POWER L.P. ( "Bruce Power ") OF THE FIRST PART and GREENFIELD ETHANOL INC. (the "Customer ") OF THE SECOND PART WHEREAS Customer is carrying on or intends to carry on a business at the BEC adjacent to the Bruce Power Site located in the Municipality of Kincardine, Ontario; WHEREAS Bruce Power and Ontario Power Generation Inc. ( "OPG ") are parties to a lease dated May 11, 2001 (as amended from time to time) with respect to certain portions of the Bruce Site (the "Lease ") including the lease of certain water and sewer assets supplying the BEC; WHEREAS Bruce Power, OPG and the Municipality of Kincardine are negotiating for the potential transfer of certain of the water and sewer assets supplying the BEC to the Municipality of Kincardine; WHEREAS Customer wishes to have an agreement with Bruce Power to secure Water, Sewer, Emergency Water and Meter Services during the Term, and Bruce Power is willing to provide such services on the terms and conditions herein. NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the recitals herein and the mutual covenants hereinafter contained the parties hereto agree as follows: ARTICLE 1.0 DEFINITIONS AND INTERPRETATION 1.1 Unless the context otherwise requires, the following terms wherever used in this Agreement shall have the following meanings: "Applicable Laws" means, collectively, all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws, legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, as amended from time to time; and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law, as amended from time to time. "Basic Sewer Service" means the treatment of the Hydraulic portion of sewage from Customer conforming to the quality specifications as described in the Schedule C herein. "BEC" means the lands and premises comprising Plan 3M -n3 registered in the Land Registry Office for the Land Titles Division of Bruce (No. 3) and commonly referred to as the Bruce Energy Centre located in the Municipality of Kincardine, Ontario, adjacent. "BOD" means the Biochemical (carbonaceous) Oxygen Demand as a standard method of measuring sewage loading. "Bruce Power L.P." and "Bruce Power" mean Bruce Power L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power L.P. resulting from any merger, arrangement or other reorganization of or including Bruce Power L.P. or any continuance under the laws of another jurisdiction. "Bruce Power Equipment" means all equipment, facilities and systems included in the BEC or the Bruce Power Site or between such sites, whether owned or leased, operated and maintained by, or on behalf of Bruce Power or its agent for the supply of Service to Customer Equipment. "Bruce Power Site" means the nuclear power facility located in the Municipality of Kincardine, Ontario. "Business Day" means any day other than a Saturday, Sunday or any other day that is a statutory holiday in Ontario. -2- "Claims" includes any claim, demand, action, suit, cause of action, assessment or reassessment, charge, judgment, debt, liability, expense, cost, damage, or loss, contingent or otherwise, including loss of value, professional fees, including fees of legal counsel on a solicitor and his or her own client basis, and all costs incurred in investigating or pursuing any of the foregoing or any proceeding relating to any of the foregoing. "Commencement Date" means January 1, 2010. "Contracted Quantities" means the rate at which Customer uses Water and Sewer Service covered by this Agreement, as more fully described in Schedules B & D herein. "Contract Loading" means the maximum BOD Loadings contemplated by this Agreement, as described in the Schedule C herein. "Customer Contact" has the meaning ascribed to that term in Section "Customer Equipment" means all equipment, facilities and systems owned, operated and maintained by and required by Customer for receiving and using Service. "Emergency Water" means untreated water from Lake Huron supplied from Bruce Power's elevated water tower located at the western junction of Farrell Drive and Bruce County Road 20. "Governmental Authority" means any federal, provincial, state, municipal or local government, parliament or legislature, or any regulatory authority, agency, tribunal, commission, board or department of any such government, parliament or legislature, or any court or other law, regulation or rule- making entity, or any arbitrator, each having or reasonably purporting to have jurisdiction in the relevant circumstances, including, for greater certainty, any Person acting or reasonably purporting to act under the authority of any Governmental Authority. "Interruptible Service" means that "Service" made available to Customer in excess of the Contracted quantities in accordance with the provisions of Schedule B and D. "Lease" shall have the meaning ascribed thereto in the recitals tals of this Agreement. -3- V "Meters" means any measuring devices and associated equipment which, as determined by Bruce Power, are needed to determine the quantity of Water and Sewer Service and Interruptible Service supplied to Customer. "Minor Repairs" means, for each calendar year, the first $5000 worth of repairs and maintenance required, as determined by Bruce Powers in its sole discretion, to Meters on Customer's premises. "Nuclear Law" means all federal, provincial or municipal statutes, regulations, by- laws, permits, orders, decisions or rules, and any legally enforceable policies or guidelines of any Governmental Authority, relating specifically to the regulation of nuclear power plants and nuclear material, including the Nuclear Energy Act (Canada), the Nuclear Liability Act (Canada), and the Nuclear Safety and Control Act (Canada) and the respective regulations thereunder and any regulatory guidance documents, directives, standards and policies issued from time to time by the CNSC or its predecessor. "Parties" means Bruce Power and Customer and a "Party" means either of them. "Person" means any individual, sole proprietorship, partnership, firm, entity, unincorporated association, unincorporated syndicate, unincorporated organization, trust, body corporate, and where the context requires any of the foregoing when they are acting as trustee, executor, administrator or other legal representative. "Prime Rate" means the rate of interest per annum established and reported by the Toronto Dominion Bank to the Bank of Canada from time to time as the reference rate of interest for determination of interest rates that the Toronto Dominion Bank charges to its customers for Canadian dollar loans made in Canada by such bank. "Renewal Term" has the meaning ascribed thereto in Section 2.2 of this Agreement. "Sewer Service" means subject to the provisions of this Agreement, Bruce Power accepting and treating sewage from Customer conforming to the quality specifications as described in this Agreement. "Service" means the Water Service, Sewer Service and Emergency Water service (collectively the "Services ") made available to Customer. "SP" means the BEC Sewer Plant and the associated supply system, located at 1842 Concession #2, Township of Bruce , ON. -4- V "Term" shall have the meaning ascribed thereto in section 2.1 of this Agreement. "Terminal Isolating Valves" means the Industrial Water and Sewer Service valves located at the point of interconnection between the "SP" and Customer Equipment and which are located approximately at the Customer property line. "Terminal point" means the point at which the "SP" connects to Customer Equipment. "Utility Service Equipment" has the meaning ascribed thereto in section 3.14 of this Agreement. "Water" means untreated water from Lake Huron supplied through the Bruce Power Site at a pressure of between 275 and 55o Kpa (25 -100 psi (g)) to be used as described in Article 3. "Water Service" means Water made available to Customer every day of the year in the amount as set forth in Schedule D herein. 1.2 The following schedules are annexed to and form part of this Agreement: Schedule "A" - Water and Sewer Service Schedule "B" - Contracted Quantities Schedule "C" - Sewer Service Rates Schedule "D" - Water Service Schedule "E" - Water Rates Schedule "F "- Technical Conditions of Industrial Water and Sewer Service Schedule "G" - Waste Audit Form 1.3 In this Agreement: (a) words denoting the singular include the plural and vice versa and words denoting any gender include all genders; (b) the word "including" shall mean "including, without limitation "; (c) when calculating the period of time within which or following which any act is to be done or step taken, the date which is the reference day in calculating such period shall be excluded; (d) all dollar amounts are expressed in Canadian dollars, unless otherwise indicated; and (e) the division of this Agreement into separate Articles, Sections, Subsections and Schedule(s), the provision of a table of contents and the insertion of -5- headings is for convenience of reference only and shall not affect the construction or interpretation of this Agreement. -6- ARTICLE 2.0 COMMENCEMENT DATE, TERM, RENEWAL AND TERMINATION 2.1 This Agreement to provide Services to Customer at the BEC shall be in force for a term commencing on the Commencement Date and terminating December 31, 2013 (the "Term "), unless: (i) Extended by written agreement between the Parties; (ii) Renewed in accordance with Section 2.2 below; or (iii) Terminated earlier without liability: (a) by mutual Agreement in writing; (b) by either Party for any reason by providing the other Party with sixty (6o) days written notice; (c) by Bruce Power immediately upon written notice to Customer where the Lease has been terminated for any reason or where Bruce Power otherwise ceases to have the ability to generate electricity using the CANDU Reactors at the Bruce Power site; (d) by Bruce Power immediately upon written notice to Customer where the supply of Services to Customer is interrupted at Customer's request and where such interruption continues for more than 210 days during the Term; or in combination with the Renewal Term, if any; (e) by Bruce Power upon written notice to Customer if Bruce Power, acting reasonably, determines that, or through a Senior Conference or arbitration it is determined that, Customer has breached any part of Articles 17 or 22; (f) automatically if the Customer institutes proceedings or takes any corporate action or executes any agreement to authorize its participation in or the commencement of any proceedings: (i) seeking to adjudicate it a bankrupt or insolvent; or (ii) seeking liquidation, dissolution, winding up, reorganization, arrangement, protection, relief or composition of it or any of its property or debt or making a proposal with respect to it under any law relating to bankruptcy, insolvency, reorganization or compromise of debts or other similar laws (including any application for reorganization under the Companies' Creditors Arrangement Act (Canada) or the Bankruptcy and Insolvency Act (Canada) or any reorganization, arrangement or compromise of debt under the laws of any applicable jurisdiction); -7- (g) automatically if proceedings are commenced against or affecting the Customer seeking the relief referred to in clause (f) (i) or (ii) above, or seeking the appointment of, or any creditor of the Customer or any other Person privately appoints, a receiver, receiver - manager, trustee, custodian, liquidator or similar official for the Customer or any part of the Customer's property, and such proceedings or such appointment, as the case may be, are not stayed or dismissed within 45 days; (h) automatically if Customer commits any act of bankruptcy; has a receiver appointed on account of insolvency or in respect of any of its property; or if it makes a general assignment for the benefit of creditors; or (i) otherwise in accordance with the terms of this Agreement. 2.2 There shall be no obligation for either party to renew or extend the Term of this Agreement. Should the parties, at their sole and unfettered discretion, wish to enter into a renewal or extension of the Term (the "Renewal Term ") it shall be made pursuant to a written agreement entered into between the parties on such terms and conditions as is satisfactory to each party in their sole discretion. 2.3 Effective as of the date of this Agreement the Customer waives any Claims, including without limitation, all Claims directly or indirectly in connection with the supply or discontinuance of supply of Services, (whether known as of the date of this Agreement or subsequently discovered) that it has or may have against either Bruce Power, its landlord, their respective partners, shareholders, employees, officers, directors (collectively, the "Bruce Power Released Parties ") or any Person that previously provided Services to the Customer or any previous owner or occupant of the Customer Premises ( "Prior Provider ") and the Customer hereby releases and agrees to hold harmless the Bruce Power Released Parties and any Prior Provider and their respective successors and permitted assigns from all such Claims. For clarity the Parties acknowledge that the waiver and release in the immediately preceding sentence is not intended and shall not apply to Claims that may arise strictly under this Agreement provided that Bruce Power is notified in writing of such Claims within 15 days after the date the Customer is notified of an assignment of this Agreement by Bruce Power to a third party. The Customer acknowledges that Bruce Power holds the benefit of the foregoing in trust for any Bruce Power Released Parties and any Prior Provider. -8- ARTICLE 3.o SUPPLY OF SERVICES 3.1 Subject to the provisions of this Agreement, Bruce Power shall supply Services to Customer for the Contracted Quantities set forth in Schedules B and D. 3.2 It is the intention of the Parties that this Agreement provide for a forty -eight (48) month Agreement for Service, with the possibility of renewal as described herein. 3.3 The execution of this Agreement by Bruce Power in no way obligates Bruce Power, or represents its intention, to enter into any renewal agreements, or any other agreements with Customer or any third party. 3.4 The Parties may, upon mutual agreement, alter the Contracted Quantities for Water. 3.5 Services shall be supplied to Customer at the Terminal Isolation Valve, located on Lot 5 of the Registered Plan 3M -113, in the Municipality of Kincardine, Ontario, at a location to be determined by Bruce Power. 3.6 Bruce Power shall endeavor to be ready to supply Services to Customer on the Commencement Date. However, supply of Services by Bruce Power is subject to conditions as described in other Articles of this Agreement and the Schedules. The Customer agrees that Bruce Power shall not be responsible for any losses that may be suffered by the Customer in the event of a delay in the supply of Services by Bruce Power regardless of the nature or extent of the delay or otherwise, even if Bruce Power was advised of the potential for such losses. 3.7 Day -to -day operation of Bruce Power Equipment and Customer Equipment will be in accordance with the responsibilities set forth in Schedule F attached hereto and forming part hereof, which Schedule may be amended from time to time by mutual agreement. 3.8 Prior to Bruce Power opening the Terminal Isolating Valves for the initial supply of Services, and in any case prior to the Commencement Date, Customer will give notice in writing to Bruce Power that the Customer Equipment has been designed, installed and tested in accordance with Article g herein, and is ready to receive (or continue to receive, as the case may be) Services. On the earlier of the re- opening of the Terminal Isolating Valves by Bruce Power and the Commencement Date and at any time thereafter throughout the Term of this Agreement, Customer represents, warrants, covenants and agrees that Customer Equipment will operate within its design parameters and if any changes have been made to Customer -9- Equipment, such changes have been designed, installed and tested in accordance with Article 9 herein. 3.9 The maintenance by Bruce Power of Water at a pressure between 25 and 100 pounds per square inch gauge at the Terminal Isolating Valves located at Customer's property line under the maximum load conditions shall constitute the supply of Water Service for the purpose of this Agreement. Bruce Power shall use reasonable diligence in supplying Water within the aforesaid pressure range. However, Bruce Power shall not be liable to Customer for variations due to fluctuations in demand at other locations within the BEC. 3.10 The Water is intended for use as industrial water and for fire fighting purposes. Bruce Power with input from Customers at BEC, recognizing the circumstances at the time shall establish a priority system for supply of Emergency Water to Customer and other BEC customers in the event the Water supply is interrupted by a multiple pump failure at the Bruce Power Site pumphouse or for any other reason. Priorities shall be based on the need for essential services primarily fire protection. 3.11 Bruce Power shall measure or take whatever other action is required to measure or determine the quantity of the Services supplied to Customer. 3.12 Bruce Power has the right at all times to suspend partially or fully the Interruptible Service that is made available to Customer in accordance with the provisions of this Agreement. 3.13 The supply of Services to Bruce Power facilities at the Bruce Power Site shall at all times have precedence over the supply of Services to the Customer. For the purpose of this Article Bruce Power shall have the right at all times, for reasons of safety or otherwise, to reduce or interrupt the supply of Services to the Customer rather than reducing or interrupting the supply of Services to the Bruce Power Site. 3.14 At Bruce Power's request the Customer agrees to grant easements and related rights to the Municipality of Kincardine, Bruce Power or such other Persons who may from time to time provide industrial water, sewage (storm and /or sanitary) service, electricity or steam services to the Customer Premises and any other lands and premises within the BEC whether such easements are to accommodate existing services and their related wires, pipes and related equipment and appliances, including Bruce Power Equipment (collectively, "Utility Service Equipment ") , including, without limitation, rights for the installation, maintenance, repair, replacement and removal of such Utility Service Equipment, or to accommodate the new or relocated easements for such services and their related Utility Service Equipment. The easements shall be granted for nominal consideration and incorporate the usual terms and conditions commonly required as by a supplier of the services in question. The Customer hereby quit claims and releases any rights that it may have, including by operation of law, in any Utility Service Equipment and agrees to confirm this quit claim and release in any grant of easement contemplated in this Section 3.14. The Customer shall also use reasonable commercial efforts to obtain postponements in favour of the easements from all Persons holding an encumbrance on the Customer Premises. The foregoing are conditional upon compliance with the applicable provisions of the Planning Act (Ontario) and any required consent thereunder shall be obtained by Bruce Power and the Customer shall cooperate in connection with the obtaining of any required consent. 3.15 The provisions of paragraph 3.14 shall survive beyond the expiration or earlier termination of the Term for the maximum period permitted by Applicable Laws. a 1- ARTICLE 4.o INDUSTRIAL WATER AND SEWER RATES 4.1 The rates for Service shall be as set forth in Schedules C and E attached hereto. 4.2 Bruce Power will invoice Customer for the quantity of Services which has been measured or determined as being used under this Agreement during any calendar month on the fifteenth day of the month following or as soon thereafter as practicable. Customer shall pay such invoice within 3o days after the date of the invoice. 4.3 Should the Customer fail to make payments as they become due under this Agreement, interest at an annual rate equal to two (2%) percent above the Prime Rate on such unpaid amounts shall also become due and payable until payment. Such interest shall be calculated daily from the date on which any payment becomes due and compounded annually. If any invoice remains unpaid for thirty (3o) days after the date of the invoice, Bruce Power may, in addition to all other remedies available to it, and after giving to Customer at least io days notice in writing of Bruce Power's intention to do so, discontinue the supply of Service and may refuse to resume supply so long as any past due invoice, plus the aforesaid interest, remains unpaid. 4.4 Bruce Power, in its sole discretion, may require Customer to furnish, prior to the Commencement Date or prior to a resumption of the supply of Service following a discontinuance of the supply of Service pursuant to Article u, security, in an amount determined by Bruce Power, to guarantee payment of an estimated three month's average billing for Services. The security to be furnished shall be in form acceptable to Bruce Power in its sole discretion and, as determined at that time, may be in the form of a letter of credit from a chartered bank, a surety bond issued by a surety company satisfactory to Bruce Power, cash deposit, negotiable bonds or such other security as is acceptable to Bruce Power. 4.5 Interruption of the supply of Services by Bruce Power in accordance with this Agreement shall not exempt Customer from the continuing obligation to pay for Services supplied prior, or subsequent, to the interruption at the times that such payment is due hereunder. 12 ARTICLE 5.o AVAILABILITY TO CUSTOMERS 5.1 Service will be available to any customer located at the BEC on a first come, first served basis. 5.2 The capacity of the Service will be determined by the capacity of the existing infrastructure. 5.3 It is recognized that Bruce Power has no obligation to expand the capacity of the Service or infrastructure under this Agreement. .13 ARTICLE 6.o INTERRUPTION OF SERVICE 6.i Without limitation to Bruce Power's other rights under this Agreement, Bruce Power shall have the right to interrupt the supply of Service at any time to such extent as, in the sole and subjective opinion of Bruce Power, may be necessary, for: a. safeguarding life, personal injury, public health, environment or property; and /or b. ensuring the safety, stability and reliability of the Bruce Power Equipment. Customer recognizes Service may be interrupted by Bruce Power. Wherever possible, Bruce Power will provide Customer with as much advance notice as possible of interruption of Service. Bruce Power shall use commercially reasonable efforts to limit the frequency and duration of such interruptions so far as it is within its power to do so. For the purpose of this Article notice shall be given by telephone to an employee of Customer who is in a supervisory capacity at that time. If such persons are unavailable such notice shall be given by telephone to any other employee of Customer. 6.2 If at any time, in the judgment of Bruce Power or its agents, the quality of sewage discharged from Customer's plant may not be in compliance with Applicable Laws, this Agreement (including without limitation Schedule Ai and A2) or reasonable requirements of Bruce Power so as to cause Bruce Power operating difficulties or make Bruce Power liable to prosecution, Bruce Power shall have the right to interrupt the Sewer Service. 6.3 Bruce Power will not be liable for any loss to Customer resulting from Bruce Power exercising its right of interruption of the Service in accordance with this Agreement, even if Bruce Power was advised of the potential for such loss. 6.4 Without limitation to Bruce Power's other rights under this Agreement, Bruce Power shall have the right to interrupt the Service at any time to such extent as is necessary in the opinion of Bruce Power for the purpose of construction, maintenance, operation, repair, replacement or extension of Bruce Power Equipment and connection of new customers. However, such interruptions, if possible, shall be arranged to occur during times that are mutually agreeable to both Bruce Power and Customer. If a mutually agreeable time is not attainable, Bruce Power shall give fifteen (15) days prior notice of its intention to interrupt the 14 Service to Customer. Customer's process should therefore be designed to accept occasional interruptions. Customer will be given a minimum of seven ('7) Business Days prior warning of planned shutdowns. 6.5 Bruce Power shall use commercially reasonable efforts to limit the frequency and duration of such interruptions so far as it is within its power to do so. Notwithstanding the forgoing, if an emergency situation develops relating to Bruce Power's Equipment, then the provisos of Article 6.i apply. 6.6 Without limiting any of Bruce Power's rights under Article 11.0, if Service is interrupted as a result of Customer being in default, Service will not be resumed until Customer, in the judgment of Bruce Power or its agents, has cured the default or taken effective measures to prevent a recurrence of the default. 6.7 Bruce Power will not be liable for any punitive, exemplary, indirect, incidental or consequential damages, including lost revenue or profit, cost of capital, loss of business reputation, loss of use of any property or loss of opportunity (whether arising out of contract, tort, by way of indemnity or based on any other theory of law) experienced by Customer resulting from Bruce Power exercising its right of interruption of the supply of Services in accordance with this Agreement, even if Bruce Power was advised of the potential for such loss. 4 5. ARTICLE 7.o METERING 7.1 Customer, at the written request of Bruce Power acting reasonably, shall purchase and install new Meter(s) and shall bear all costs related to such. New Meters must be approved by Bruce Power before installation. With respect to maintenance and repairs to the Meters, subject to Applicable Laws: a) Subject to subsection 7.1(c) of this Article, Customer, at the written request of Bruce Power in its sole discretion, shall perform (and bear the cost of) any repairs to Meters located on Customer's premises (failure to do so shall be considered a default under this Agreement); b) Calibration of the Meters shall be conducted by, and at the expense of, Bruce Power; c) Bruce Power shall be responsible for Minor Repairs. If, in Bruce Power's judgment, there are special conditions which must be met in Customer's facilities to allow for the installation and /or operation of Meters, Customer shall, at its own expense, provide, install and maintain, in accordance with plans and specifications approved by Bruce Power, the special equipment required in Bruce Power's judgment for the installation and operation of the Meters. 7.2 If requested by Bruce Power, Customer shall provide free of charge: a. a safe and reasonable location on Customer's premises including a manhole for Minor Repairs; b. a suitable enclosure for the Meters; c. a satisfactory power supply; d. an inline effluent wier if required; e. all such reasonable conveniences as are required for Bruce Power to install a water meter prior to the first branch or as otherwise determined by Bruce Power and for Bruce Power to install similar Meters in Customer's Sewer Service systems; f. a secure niov or 220V power supply to the location(s) where the Meters are installed; g. in its Service pipe design, a suitable length of straight pipe before and after the Service Meters - the actual lengths to be determined by pipe diameter and type of flow element employed, the design of this installation is subject to Bruce Power's approval; and a6 h. if requested, 4 or 8 pairs of #20 or #22 AWG cable from the location of the Meters to Customer's main telephone switchboard, these being for the purpose of transmitting data to Bruce Power. 7.3 If for any period any Meter or any part of the measuring process thereof, is not in service, the amount of Service supplied during such period shall be determined by Bruce Power using the best information available. 7.4 Any meter by -pass lines will be under Bruce Power control and normally tagged in the closed position. 7.5 If Customer, acting reasonably, suspects an erroneous reading from any applicable Meter, Customer may request that, and Bruce Power shall, arrange to have the Meters recalibrated within ten (io) Business Days of Customer's request. If the Meters are found to be out of calibration by greater than 5% ( + / -), Bruce Power shall be responsible for costs related to the recalibration and will adjust disputed invoices accordingly. If the Meters are found to be calibrated with +/- 5 %, Customer shall immediately reimburse Bruce Power for any costs it incurred with the recalibration, and pay any outstanding invoices, plus applicable interest. 4 7 ARTICLE 8.o CUSTOMER'S PREMISES 8.i Bruce Power shall have a right of access to the lands and the premises of Customer at any reasonable time during the Term and Renewal Term(if any) for any one or more of the following purposes: a. inspection, operation, testing, adjustment, repairing, alteration, reconstruction and /or removal of Bruce Power Equipment, the Terminal Isolation Valves, Meters and associated equipment, and /or Customer valves associated with the Meters; b. inspection of Customer Equipment for compatibility with Bruce Power Equipment; and /or c. meter reading. 8.2 Where practical to do so, Bruce Power will provide advance verbal or written notice to the Customer prior to exercising its right of access to the Customer premises. If at any time access is refused or delayed and as a result Bruce Power is prevented from fulfilling its obligations with respect to the supply of Service to any person or persons other than the Customer, then the Customer shall indemnify Bruce Power against all claims and demands arising in any manner therefrom. Bruce Power shall not be required to provide advance notice of access if in Bruce Power's opinion based on information known to it at the time and believed to be true there is an actual or apprehended emergency or dangerous situation on the Customer premises concerning Bruce Power Equipment or Customer Equipment or if the Customer is in default under this Agreement at the time access is exercised. In exercising its right of access, Bruce Power and its officers, servants and agents will comply with the customer's reasonable safety and security requirements. 8.3 Customer hereby grants to Bruce Power the right at all times during the continuance of this Agreement to use, free of charge or rent, as much of Customer's lands as Bruce Power may reasonably deem necessary for the construction, maintenance, operation, repair, replacement or extension of Bruce Power Equipment or new connection of Service to Customer and any other customer in the BEC. The location of the lands required for such purpose is to be mutually satisfactory to Bruce Power and Customer, and Customer will provide at no cost to Bruce Power appropriate easements or agreements satisfactory to Bruce Power in registerable form. 4 8 8.4 Customer agrees to keep its structures, machinery, plant and works at such distance from Bruce Power Equipment as will permit the safe and efficient maintenance and operation of Bruce Power Equipment. If Customer requires relocation of any Bruce Power Equipment, Customer shall furnish on its lands another location satisfactory to Bruce Power. Bruce Power will perform the work of relocation and Customer will pay the cost thereof to the extent that Bruce Power Equipment is used for the supply of Service. 8.5 After termination of this Agreement, Bruce Power shall have the right to have access to the Customer's premises for the purpose of removing any Bruce Power Equipment on such premises. 8.6 This Article 8 shall survive termination of this Agreement. 49 ARTICLE 9.o CUSTOMER'S EQUIPMENT 9.1 Customer Equipment shall at all times conform to all applicable codes, standards and regulations and shall be designed, installed, operated and maintained in such a manner so as to be compatible with Bruce Power Equipment. For this purpose Customer will provide Bruce Power with information, including all necessary approvals, relating to Customer's Equipment as Bruce Power may reasonably request. 9.2 Until Bruce Power is satisfied with the compatibility of Customer Equipment to Bruce Power Equipment, Bruce Power shall not be bound to the delivery of Service pursuant to this Agreement, or, if delivery of Service has commenced, to continue the same. 9.3 Customer agrees to provide and install Customer Equipment according to technical conditions as may be required for safe and economical delivery of Service pursuant to this Agreement. Currently applicable technical conditions are set forth in Schedule F which may be amended as considered necessary by Bruce Power in which event a reasonable period of notice shall be provided to Customer for compliance with any revised technical conditions. 9.4 Bruce Power shall not be liable for any loss, damage or injury to Customer due in any way to any failure on the part of Customer to meet the technical conditions as set forth in this Article. 2 ARTICLE 10.0 CUSTOMER'S OPERATION 10.1 If at any time Customer fails to operate its facilities as required by this Agreement, Bruce Power may give notice by telephone of such failure to the Customer contact person mentioned in s.i6(i) (the "Customer Contact ") and Customer shall immediately remedy the said failure. In case of continued failure after the notice, Bruce Power may discontinue supply of Service or of any part thereof pursuant to Article u. 10.2 Customer shall operate the Customer Equipment in such a manner so as not to cause disturbances or fluctuations on the Service systems through which Bruce Power is supplying Services to other customers. Customer shall take such remedial measures at its own expense by way of installing suitable apparatus or otherwise as may be necessary to reduce any disturbance or fluctuations on the Service supply system. 21- ARTICLE 11.0 CUSTOMER IN DEFAULT 11.1 If Customer fails to perform any obligation under this Agreement, Bruce Power may give written notice to Customer that unless the obligation is completely fulfilled within a reasonable period of time (as determined by Bruce Power), Bruce Power may discontinue the supply of Service. 11.2 If Customer continues in default in respect of the obligation beyond the period specified in the notice contemplated in Section 11.1 above, Bruce Power may discontinue the supply of Service, and may refuse to resume supply of Service until Customer has fulfilled its obligation. 11.3 The right to discontinue the supply of Service in this Section is in addition to and not in limitation of any other right provided elsewhere in this Agreement to discontinue the supply of Service for failure of Customer to perform a particular obligation. 11. 4 immediately any If the Customer Contact is not immediate) available to receive an such notice Bruce Power shall endeavor to provide such notice to an employee of Customer who is in a supervisory capacity at that time. If such persons are unavailable, such notice shall be given to any other employee of Customer 11.5 Bruce Power's discontinuance of Services as permitted under this Agreement shall not be construed as a breach of contract by Bruce Power, nor shall such discontinuance relieve Customer from its obligations to pay for Service in accordance with the provisions of this Agreement, and such provisions shall continue in force until termination of this Agreement, unless Bruce Power otherwise agrees in writing. 11.6 If Bruce Power, pursuant to Section 11.2, has discontinued supply of Service, Bruce Power may at its option give written notice to Customer that unless the obligation is completely fulfilled within a specified period (not less than ten (10) days), this Agreement will be deemed terminated. Such termination shall be without waiver of any amounts which may be due or of any rights including the right to damages for such breach which may have accrued up to and including the date of such termination. 22 ARTICLE 12.o LIABILITY 12.1 Customer shall assume all risk, liability or obligation in respect to: (a) all damage to property of Bruce Power on or off of Customer's lands and premises; and (b) all loss, damage or injury to (i) property of Customer or property of any third person on or off of Customer's lands and premises, or (ii) any person or persons (including loss of life) on or off of Customer's lands and premises, which loss, damage or injury shall have been due to Service supplied by Bruce Power to Customer or due to the said property of Bruce Power to the extent used to supply Service to Customer or due to any reason directly or indirectly related to this Agreement, except to the degree that such loss, damage or injury shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. Without limiting the generality of the foregoing, Customer bears the sole responsibility for the cost of any damage to Customer Equipment that may occur due to the operation of Bruce Power Equipment. Customer also bears the sole responsibility for any damage to equipment of a third party or Bruce Power or its servants or agents, that may occur due to the operation of Customer Equipment, except to the degree that such damage shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.2 Customer shall assume all risk, liability or obligation in respect to all actions, causes of action, suits, proceedings, Claims, demands, losses, damages, penalties, fines, costs, expenses, obligations and liabilities arising out of a discharge of any contaminant into the natural environment on Customer's lands and premises or elsewhere and any fines or orders of any kind that may be levied or made pursuant to the Environmental Protection Act (Ontario), the Ontario Water Resources Act, or the Dangerous Goods Transportation Act (Ontario), or other similar legislation whether federal or provincial or municipal except to the degree that such discharge shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.3 The Parties acknowledge that the purpose of this Agreement is to provide for a forty - eight(48) month supply of Service by Bruce Power to Customer at the BEC and to establish the price at which this Service will be supplied. The parties also 23 acknowledge that the supply of Service may be interrupted from time to time as permitted and contemplated by this Agreement or as a result of temporary changes in the system. It is agreed that Bruce Power shall not be liable, in such circumstances, to Customer for any damages resulting therefrom. 12.4 Customer shall indemnify Bruce Power and save it harmless from all risk, liability, and obligation assumed by Customer under this Article 12, and all Claims and demands in connection therewith, save and except such loss, damage or injury due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.5 Bruce Power shall indemnify Customer and save it harmless from all risk, liability, and obligation in connection with the use of Customer's lands used for delivery of Service to other customers of the BEC as per article 8.3 herewith. 12.6 All Bruce Power Equipment, Terminal Isolation Valves and Meters on or in Customer's lands and premises shall be there at the risk of Customer. Subject to ss. 7.1, if any of the Bruce Power Equipment, Terminal Isolation Valves or Meters, is destroyed or damaged other than by ordinary wear and tear or by Bruce Power's actions, Customer shall pay to Bruce Power the value of such equipment or, at Bruce Power's option, the cost of repairing or replacing same. 12.7 Bruce Power shall not be liable for any loss, damage or injury to Customer which, in Bruce Power's opinion, is due to Customer not taking adequate precautions against contamination of Customer's product or any other failure on the part of Customer to meet the requirements as set forth in this Agreement. 12.8 Bruce Power additionally, shall not be liable to Customer for any damages arising as a result of any failure to supply Service in the event of default by Customer as set forth in Article n.o. 12.9 Notwithstanding any other provision in this Agreement, in no circumstances whatsoever shall Bruce Power's liability to Customer exceed $5000.00. regardless of whether Customer's claim is based in contract, indemnity, tort /extra- contractual liability (including negligence, strict liability or otherwise). 24 12.10 Nuclear Liability (a) Notwithstanding any other provision in this Agreement, Bruce Power shall indemnify, defend and hold harmless Customer from and against any and all injury to Customer or damage to the property of Customer resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station, save and except for: (i) injury or damage suffered by Customer from a nuclear incident which occurred wholly or partly as a result of Customer's unlawful act or omission with intent to cause injury or damage; and (ii) damage to transportation equipment or storage facilities arising from a nuclear incident occurring during the carriage or incidental storage of nuclear material by Customer, unless such damage is covered by Bruce Power's nuclear liability insurance. (b) Customer shall not and shall require its representatives, including any of its subcontractors, consultants, agents or advisers, not to hold any supplier of Bruce Power liable for injury to Customer or such persons, or damage to the property of Customer or such persons, resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station. (c) Notwithstanding any other provision of this Agreement other than subsection (a)(i) and (ii) above, Bruce Power shall defend, hold harmless and indemnify Customer against liability to third parties resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station. (d) For the purposes of this section the terms "damage ", "nuclear incident" and "injury" shall have the meanings ascribed thereto in the Nuclear Liability Act (Canada) (the "Act ") and the term "supplier" means any person (regardless of tier in the case of contractors or subcontractors) that has furnished or is furnishing directly or indirectly, equipment, articles, information, materials or services for use at the Bruce Nuclear Generating Station. 25 ARTICLE 13.0 WAIVER 13.1 Any failure by either Bruce Power or Customer to exercise any right or enforce any remedy under this Agreement shall be limited to the particular instance, and shall not be deemed to be a waiver of any other right or remedy or affect the validity of this Agreement. 13.2 The exercise by either Party of any rights or remedy hereunder shall not be deemed to waive any other rights or remedy that such Party may have, and such rights or remedies may be exercised and continued concurrently or separately. 26 ARTICLE 14.0 FORCE MAJEURE 14.1 Except that payments required to be made by Customer pursuant to this Agreement are not excused by any circumstance, happening or event, and without limiting Bruce Power's rights under Article 2.0, neither Party shall be held responsible or liable, either directly or indirectly, or be deemed in default or in breach of this Agreement for any loss, damage, detention, delay, failure or inability to meet any of its commitments hereunder caused by or arising from any cause which is unavoidable or beyond its reasonable control, including without limitation war, hostilities, invasion, insurrection, riot, the order of, the action or the failure to act by, any competent civil government (including the Government of Canada, or any provincial or local government thereof or any statutory tribunal of competent jurisdiction), explosion, fire, strikes, lockouts or labour disputes and the time or times provided for hereunder for performance by both parties shall be extended for a period equivalent to the time any such cause was preventing performance together with any further extension of time as the parties may mutually agree upon. 14.2 If either Party is unable to perform its obligations hereunder due to a force majeure cause, it shall so notify the other Party in writing, stating the cause and shall use its best endeavor to remove such cause provided, however, that neither Party shall be obligated to resolve or terminate any disagreement with third parties including labour disputes except under conditions acceptable to it or pursuant to the final decision of any arbitral, judicial or statutory agency having jurisdiction to finally resolve the disagreement. 2 ARTICLE 15.o APPROVALS 15.1 The parties hereto acknowledge and agree that each Party will obtain all necessary federal, provincial, municipal or other governmental or administrative approvals for all aspects of its own works. 28 ARTICLE 16.o CONTACTS 16.1 Any formal notice required by this Agreement shall be deemed properly given if either faxed with confirming receipt from recipient, sent by registered mail, or delivered as follows: (i) on behalf of Customer to: Greenfield Ethanol Inc. 20 Toronto Street Toronto, Ontario M5C 2B8 Attention: President and CEO Fax No.: (416) 304 -1701 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, Bio 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NoG 2To Attention: General Counsel Fax No. (5 3 And to: Attention: Operations Manager - Property Management Fax No. (519) 361 -1791 Either Party may change its representative specified above by giving written notice thereof to the other Party. 16.2 Any written correspondence regarding day -to -day activities between Bruce Power and Customer shall be deemed properly given if either fax, mailed or delivered as follows: 29 (i) on behalf of Customer, to: Greenfield Ethanol Inc. P.O. Box 2 33 Lot 5 RP 3M -113 R.R. #3 Tiverton, ON Attention: Plant Manager Fax No.: (519) 368 -7016 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, Bio 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NoG 2To Attention: Gary Lee, Operations Section Manager Fax No.: (5 3 16.3 Any verbal correspondence regarding the day -to -day activities between Bruce Power and Customer shall be: • 1st - Gary Lee, Chief Engineer, Production /Supervisor (telephone number 361- 2673 ext. 5558), or alternatively, • 2nd - Duty Shift, Boilers and Systems Supervisor (telephone number 361 -2673 Ext. 4551). • Greenfield Plant Manager (telephone number 519- 368 -7725 ext.79 16.4 Any day -to -day verbal communication regarding the day -to -day activities will be between Bruce Power and Customer. The sewage Operating Authority (the operational agent for Bruce Power) will be Todd Davis, Cluster Manager, Owen Sound Hub, Ontario Clean Water Agency, PO Box 760, Anglesia St. N, Southhampton, ON., NoH 2Lo (Telephone No.: 519-797 -2561 ext. 224; Fax No.: 519- 797 E -mail: tdavis @ocwa.com). ao ARTICLE 17.0 PUBLIC NOTICES 17.1 The Customer shall jointly plan and co- ordinate with Bruce Power any public notices, press releases, and any other publicity of the Customer concerning this Agreement and the Customer shall not act in this regard without the prior approval of Bruce Power, unless such disclosure is required to meet timely disclosure obligations of any Party under Applicable Laws and stock exchange rules in circumstances where prior consultation with Bruce Power is not practicable and a copy of such disclosure is provided to Bruce Power at such time as it is made to the regulatory authority. Bruce Power shall have the right to make such press releases, without consultation or approval of the Customer, which Bruce Power deems in its sole discretion as are required by it. This provision shall survive expiry of the Term for a period of two years. a1- ARTICLE 18.0 SUCCESSORS AND ASSIGNS 18.1 This Agreement shall extend to, be binding upon and enure to the benefit of Bruce Power and of Customer and their respective successors and permitted assigns (including any successor by reason of amalgamation of any Party). 18.2 Customer may not assign this Agreement or any rights or obligations under this Agreement without the prior written consent of Bruce Power, which consent shall be in the sole and unfettered discretion of Bruce Power and may be unreasonably withheld. 18.3 Bruce Power may assign its rights or obligations under this Agreement to any third Party with the prior written consent of the Customer, consent not to be unreasonably withheld. 18.4 For greater certainty, Bruce Power may assign its rights or obligations under this Agreement to the Municipality of Kincardine at any time immediately upon written notice to the Customer. ARTICLE 19.0 ENTIRE AGREEMENT 19.1 This Agreement, the Schedules attached hereto, and the agreements and other documents required to be delivered pursuant to this Agreement, if any, constitute the entire agreement between the Bruce Power and Customer and sets out all the covenants, promises, warranties, representations, conditions, understandings and agreements between Bruce Power and Customer pertaining to the subject matter of this Agreement and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written between the Parties with respect thereto and sets forth the entire, complete and exclusive understanding between the Parties relating to the subject matter hereof. There are no covenants, promises, warranties, representations, conditions, understandings or other agreements, oral or written, express, implied or collateral between the Parties in connection with the subject matter of this Agreement except as specifically set forth in this Agreement and any document required to be delivered pursuant to this Agreement. Neither this Agreement nor any provision hereof is intended to confer upon any person other than the Parties any benefits or any rights or remedies hereunder. The execution of this Agreement by the Parties has not been induced by, nor do either of the Parties rely upon or regard as material, any representations, writings covenants, promises, warranties, conditions, understandings and agreements whatsoever not incorporated herein and made part hereof. ARTICLE 20.0 APPLICABLE LAW 20.1 This Agreement shall for all purposes be construed and interpreted according to the laws in force in the Province of Ontario. ARTICLE 21.0 AMENDMENTS 21.1 No amendment, supplement, modification or waiver or termination of this Agreement and, unless otherwise specified, no consent or approval by any Party, shall be binding unless executed in writing by the Party to be bound thereby. 33 ARTICLE 22.o CONFIDENTIALITY 22.1 (a) Except as authorized in writing by the owner, or as contemplated herein, each Party shall keep confidential all proprietary and confidential information of the other made available to it as a result of this Agreement, whether or not marked as such, including, without limitation, all unpublished business and technical information, papers, or records, however produced. These obligations of confidentiality shall survive completion and /or termination of this Agreement. (b) Notwithstanding Section 22.1(a), each Party may disclose confidential information of the other party where: (a) it discloses such to a court or arbitrator which has jurisdiction in a particular legal claim, dispute or order, (b) it discloses such to business entities that are parent companies or subsidiaries of it or any such parent company or an affiliated company of any of the foregoing ( "Group "); (c) it discloses such to any of its directors, officers, employees, agents and professional advisors of it or of its Group or of a third party who have a commercially legitimate need -to- know and agree in writing to maintain confidentiality; (d) it received that information independently; or (e) the information becomes public through no breach of this Agreement. ARTICLE 23 EXECUTION AND DELIVERY 23.1 This Agreement may be executed by the Parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles shall together constitute one and the same agreement. ARTICLE 24 SEVERABILITY 24.1 Each of the provisions contained in this Agreement are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Agreement. To the extent permitted by Applicable Law, the Parties waive any provision of Applicable Law that renders any provision of this Agreement invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 34 ARTICLE 2 5 FURTHER ASSURANCES 25.1 The Parties shall with reasonable diligence do all such things and provide all such reasonable assurances as may be required to consummate the transactions contemplated by this Agreement, and each Party shall provide such further documents or instruments required by any other Party as may be reasonably necessary or desirable to effect the purpose of this Agreement and carry out its provisions. ARTICLE 26 DISPUTE RESOLUTION 26.1 Negotiation. If any dispute between the Parties arises under or in connection with this Agreement that the contact persons in subsection 16.2 cannot resolve, each of the contact persons shall promptly advise its senior management, in writing, of such dispute. Within seven Business Days following delivery of such notice, a senior manager from each Party shall meet, either in person or by telephone (the "Senior Conference "), to attempt to resolve the dispute. Each senior manager shall be prepared to propose a solution to the dispute. If, following the Senior Conference, the dispute is not resolved, either Party may deliver an Arbitration Request in accordance with the procedures in this Article. If neither Party delivers an Arbitration Request within one year following the Senior Conference, the Parties shall be deemed to have waived their claims as to such matters. 26.2 Binding Arbitration. Any matter in issue between the Parties as to their rights under this Agreement may be decided by arbitration at the election of either Party; provided, however, that the Parties have first completed a Senior Conference pursuant to this Section. To initiate arbitration a Party may deliver a notice of dispute and request for arbitration (an "Arbitration Request ") to the other Party. Any dispute to be decided by arbitration will be decided by a single arbitrator appointed by the Parties or, if such Parties fail to appoint an arbitrator within fifteen (15) days following the receipt of an Arbitration Request, upon the application of either of the Parties, the arbitrator shall be appointed by a Judge of the Superior Court of Justice (Ontario) sitting in the p J ( ) g Judicial District of Toronto J Region. The arbitrator shall not have any current or past business or financial relationships with any Party (except prior arbitration). The arbitrator shall provide each of the Parties an opportunity to be heard and shall conduct the arbitration hearing in accordance with the provisions of the Arbitration Act, (Ontario). Unless otherwise agreed by the Parties, the arbitrator shall render a decision within ninety (9o) days after the end of the arbitration hearing and shall notify the Parties in writing of such decision and the reasons therefor. The 35 arbitrator shall be authorized only to interpret and apply the provisions of this Agreement and shall have no power to modify or change the Agreement in any manner. The decision of the arbitrator shall be conclusive, final and binding upon the Parties. The decision of the arbitrator may be appealed solely on the grounds that the conduct of the arbitrator, or the decision itself, violated the provisions of the Arbitration Act, (Ontario) or solely on a question of law as provided for in the Arbitration Act, (Ontario). The Arbitration Act, (Ontario) shall govern the procedures to apply in the enforcement of any award made. If it is necessary to enforce such award, all costs of enforcement shall be payable and paid by the Party against whom such award is enforced. Each Party shall be otherwise responsible for its own costs incurred during the arbitration process. 26.3 Confidentiality. The arbitration proceedings conducted pursuant hereto shall be confidential. Neither Party shall disclose or permit the disclosure of any information about the evidence adduced or the documents produced by any Party in the arbitration proceedings or about the existence, contents, or results of the arbitration award without the prior written consent of such other Party except as required by order during the course of a judicial or regulatory proceeding or as required by a Governmental Authority, so long as the Party intending to make such disclosure shall give the other Party prompt notice of the disclosure request to afford the other Party opportunity to protect its interests. ARTICLE 27 REMEDIES 27.1 The rights, powers and remedies of Bruce Power provided in this Agreement are in addition to and in no way limit Bruce Power's rights, powers and remedies available at law or in equity. Each right, power and remedy of Bruce Power provided herein and available at law or in equity or in any other agreement shall be separate and in addition to every other such right, power and remedy. Any one or more rights, remedies and powers may be exercised by Bruce Power from time to time and no such exercise shall exhaust all rights, remedies or powers of Bruce Power or preclude Bruce Power from exercising any one or more of such rights, remedies and powers or any combination thereof from time to time or simultaneously. 36 IN WITNESS WHEREOF, Bruce Power and Customer have caused this Agreement to be executed by their duly authorized representatives as of the date first above written. GREENFIELD ETHANOL INC. By : � — �t /�a. -� Name: Ro ert Gallant Title: esident and CEO By: Name: Brian C. Keith Title: Vice President and General Counsel BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. BRUCE POWER B y . LAW DW $6Q!' Name: Keith WWett1ife/ Title: CFO & EVP - Finance and Commercial Services Approved ' __ Date ��� :! if 1 By: 1111-1 ` Name: Brian Armstrong, Q.C. Title: Executive Vice President and General Counsel SCHEDULE A Industrial Water and Sewer Service SCHEDULE A.1 CONDITIONS OF SERVICE Ai.i Customer shall abide by all conditions of this Agreement, and all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws (including without limitation Sections i and 2 of the Ontario Clean Water Agency Model Sewer Use By -Law as amended from time to time, copies of which are attached as Schedule A2 hereto and forming part hereof), legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law. A1.2 The maximum sewage flow and maximum average contracted sewage loading is specified in Schedule B. A1.3 Waste Audit Survey i) A customer which discharges any amount of Subject Pollutant (as defined in paragraph (ss) of Section 1, Schedule A.2) shall prepare a Waste Audit Survey (Survey) in the form set out at Schedule G and submit it to Bruce Power with respect to the premises from which the discharge occurs by no later than 3o days after commencing discharge. 2) Waste Audit Surveys submitted to Bruce Power shall be approved. If Bruce Power determines that the Waste Audit Survey does not comply with the requirements of this Agreement Bruce Power may at its sole discretion refuse or terminate service as the case maybe. 3) 3.1) The Waste Audit Survey shall be in the form designated by Bruce Power attached as Schedule G here in,.and may change from time to time. 3.2) In addition to any other matter or requirement designated by Bruce Power, and not withstanding subsection 3.3 of Section A1.3 Schedule A each Survey shall include the following: 3.2.1) A description of the processes at the premises which use or produce Subject Pollutants; 38 3.2.2) A map indicating locations of Subject Pollutants present at the premises at any stage of the operations of the premises, including storage inside, outside, above ground and below ground 3. The type and / or description of storage container(s) each Subject Pollutant is contained in; 3.2.4) A complete list of all Subject Pollutants used or produced on the premises; 3.2.5) A description setting out the types, quantities and concentrations of all Subject Pollutants discharged, directly or indirectly, to a sewer; 3.2.6) A copy of the Certificate of Approval or Provisional Certificate of Approval and any Amendments (if applicable) 3.2.7) Small quantity generator number (if applicable) 3.2.8) A description of current waste reduction, recycling, waste treatment and pollution prevention activities with respect to sewer discharge at the premises; 3.2.9) A declaration from an authorized person that the content of the plan is, to the best of that person's knowledge, true, accurate and complete. 3.3) Bruce Power may designate a different form for the Waste Audit Survey with respect to any Customer. 3.4) In the event that the activity or business of the Customer which discharges any amount of a Subject Pollutant which commenced business operations prior to January 1, 2010, shall prepare a Waste Audit Survey and submit it to Bruce Power by no later than June 3o, 2010. 3.5) Any Customer discharging any amount of a Subject Pollutant, which commences business operations after Jan 1, 2010, shall have 3o days from the date of commencement of its business operations to prepare a Waste Audit Survey and submit it to Bruce Power. 3.6) At all times after the dates specified in subsections 3.1, 3.4 and 3.5 of Section 1.3 Schedule A, every Customer discharging a Subject Pollutant shall have a Waste Audit Survey that has been approved by Bruce Power. 3.7) In the event that the Customer submitting a Waste Audit Survey, is not sent written notice from Bruce Power that the Survey is not approved by Bruce Power within 90 days of the Customer delivering the survey to Bruce Power, the survey shall be deemed to have been approved by Bruce Power. 3.8) Where the Customer receives notice from Bruce Power that it's Waste Audit Survey has not been approved, the Customer shall have 90 days to amend and resubmit it's survey to Bruce Power for approval in accordance to this Agreement 3.9) In the event that a Waste Audit Survey resubmitted to Bruce Power in accordance with subsection 3.8) of this Agreement continues to fail to comply with 39 the requirements of this Agreement, Bruce Power shall so notify the Customer and the Customer shall be in contravention of subsection 3(1) of this Agreement and shall continue to be in contravention of this Agreement until such time as Bruce Power approves of an amended Waste Audit Survey resubmitted by the Customer, in accordance with this Agreement. 3.10) The Customer discharging a Subject Pollutant shall submit a revised and updated Waste Audit Survey for the approval of Bruce Power at least once every two years from the date which the original survey was required to be submitted. 3.11) Bruce Power may designate to the Customer a date with respect to which they shall be required to submit to Bruce Power a Waste Audit Survey. 3.12) Bruce Power may designate any matter as a Subject Pollutant and may designate a date with respect to which any Customer discharging such Subject Pollutant shall be required to submit to Bruce Power a Waste Audit Survey. 3.13) A copy of the Waste Audit Survey shall be kept at all times at the Customer's premises in respect to which it was prepared and shall be available for inspection by Bruce Power at any time. 3.14) The Customer shall provide written notification to Bruce Power of any change to the information required under 3(1). 40 SCHEDULE A.2 SEWAGE QUALITY REQUIREMENTS as per the Provincial Model Bylaw SECTION i DEFINITIONS In this by -law: (a) "acute hazardous waste chemical" means a material which is an acute hazardous waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (b) "authorized representative of the owner or operator" means (i) A principal executive officer of at least the level of vice president, if the owner or operator is a corporation; or (ii) A general partner or proprietor if the owner or operator is a partnership or proprietorship, respectively; or (iii) A duly authorized representative of the individual designated above if such representative is responsible for the overall operation of the facilities from which the sewage discharge originates; (c) "biochemical oxygen demand" means carbonaceous oxygen demand (biochemical) as determined by Method 507 in Standard Methods when an inhibiting chemical has been added to prevent ammonia oxidation; (d) "blowdown" means the discharge of recirculating noncontact cooling water for the purpose of discharging materials contained in the water, the further buildup of which would cause concentrations in amounts exceeding limits established by best engineering practices; (e) " combined sewer" means a sewer intended to function simultaneously as a storm sewer and a sanitary sewer; (f) "commercial waste chemical" means a material which is a commercial waste chemical within the meaning of Ontario Regulation 3o9 made under the Environmental Protection Act. (Ontario); (g) " composite sample" means a sample which is composed of a series of grab samples taken at intervals during the sampling period; (h) "cyanide (total)" means cyanide as determined by Methods 412B plus one of Method 412C or 412D in Standard Methods; 41- (i) "de minimis dose" means a dose of radiation to an individual of .05 millisieverts per year; (j) "de minimis waste" means any waste radioactive material that will not result in a dose of radiation exceeding the de minimis dose regardless of the quantity of the material or how it is used or managed; (k) "fuels" includes (i) any ignitable liquid intended for use as a fuel with a flash point less than 6i °Celsius as determined by one of the methods in Ontario Regulation 309 made under the Environmental Protection Act (Ontario) and (ii) gasoline, naptha, diesel fuel or fuel oil; (1) "grab sample" is an aliquot of the flow being sampled taken at one particular time and place; (m) "hauled sewage" means waste removed from cesspool, a septic tank system, a privy vault or privy pit, a chemical toilet, a sewage holding tank or any other sewage system of a type regulated under Part VII of the Environmental Protection Act (Ontario); (n) "hazardous industrial waste" means a material which is a hazardous industrial waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (o) "hazardous waste chemical" means a material which is a hazardous waste chemical within the meaning of Ontario Regulation 3o9 made under the Environmental Protection Act (Ontario); (p) "ignitable waste" means a material which is an ignitable waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (q) "industrial" shall mean of or pertaining to industry, manufacturing, commerce, trade, business, or institutions as distinguished from domestic or residential; (r) "industrial process area" means any industrial building, property or land area which during manufacturing, processing or storage comes into direct contact with any raw material, intermediate product, finished product, byproduct, or waste product; (s) "Kjeldahl Nitrogen" means organic nitrogen as determined by one of Method 42oA or 42oB in Standard Methods; (t) "matter" includes any solid, liquid or gas; (u) "municipality" means The Corporation of the Municipality of Kincardine or its designated representative; 42 (v) "noncontact cooling water" means water which is used to reduce temperature for the purpose of cooling and which does not come into direct contact with any raw material, intermediate product other than heat, or finished product; (w) "once - through cooling water" means noncontact cooling water that has been circulated once through the cooling device; (x) "owner" or "operator" means the owner or operator of any facility or activity subject to the provisions of this by -law; (y) "pathological waste" means a material which is a pathological waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act. (Ontario) or any material which may be designated in writing by the Chief Medical Officer of Health (Ontario); (z) "PCB" means any monochlorinated or poly - chlorinated biphenyl or any mixture of these or mixture that contains one or more of them; (aa) "PCB waste" means a PCB waste within the meaning of Ontario Regulation 148/86 made under the Environmental Protection Act (Ontario); (bb) "person" includes an individual, association, partnership, corporation, municipality, Provincial or Federal Agency, or an agent or employee thereof; (cc) "pesticides" means a pesticide regulated under the Pesticides Act (Ontario); (dd) "Ph" means the logarithm to the base 10 of the reciprocal of the concentration of hydrogen ions in moles per litre of solution; (ee) "phenolic compounds" means those derivatives of aromatic hydrocarbons which have a hydroxyl group directly attached to the ring as determined by one of Method 510B or 510C in Standard Methods; (ff) "phosphorus" means total phosphorus as determined by both Method 424C plus one of Method 424D, 424E, 424F, or 424G in Standard Methods; (gg) "reactive waste" means a material which is a reactive waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (hh) "sanitary sewer" means a sewer for the collection and transmission of domestic, commercial, institutional and industrial sewage or any combination thereof; (ii) "severely toxic material" means any material listed in Schedule 3 of Ontario Regulation 3o9 made under the Environmental Protection Act (Ontario); 4 3 (jj) " sewage" means any liquid waste containing animal, vegetable or mineral matter in solution or in suspension, except uncontaminated water; (kk) "sewage works" means any works for the collection, transmission, treatment or disposal of sewage, or any part of such works; (11) "SIC code" means Standard Industrial Classification Code contained in either the Standard Industrial Classification Manual published by the Minister of Supply and Services Canada, 1980 (Canadian SIC) or the Standard Industrial Classification Manual published by the Executive Office of the President, Office of Management and Budget, 1972 (U.S. SIC); (mm) "solvent extractable matter of animal or vegetable origin" means grease, and oil as determined by one of Methods 5o3A, 5o3B, 5o3C, or 5o3D in Standard Methods: (nn) "solvent extractable matter of mineral or synthetic origin" means grease and oil as determined by Method 5o3B in Standard Methods; (oo) "Standard Methods" means a procedure set out in Standard Methods for the Examination of Water and Wastewater published jointly by the American Public Health Association, American Water Works Association and Water Pollution Control Federation, 16th Edition (1985), current at the date of testing, or a procedure published by the Ontario Ministry of the Environment as a standard method or the equivalent of a standard method; (pp) "storm sewer" means a sewer for the collection and transmission of uncontaminated water, stormwater, drainage from land or from a watercourse or any combination thereof: (rr) " stormwater" means water from rainfall or other natural precipitation or from the melting of snow or ice; (ss) "subject pollutant" means any liquid or solid that contains any of the substances listed in Schedule A2 of this Agreement that is discharged or could be discharged to the sewer or combined sewer. (tt) suspended solids" means solid matter in or on a liquid which matter is removable by filtering and dried at 103 - 105°C as determined by Method 2o9C in Standard Methods; (uu) "uncontaminated water" means water to which no matter has been added as a consequence of its use, or to modify its use, by any person; (vv) "waste disposal site leachate" means leachate from any waste disposal site; and 44 (ww) "waste radioactive materials" means any waste material exhibiting the property of spontaneous disintegration of atomic nuclei usually with the emission of penetrating radiation or particles. 45 SECTION 2 DISCHARGES TO SANITARY SEWERS DISCHARGES TO COMBINED SEWERS 2 (1) No person shall discharge or deposit or cause or permit the discharge or deposit of matter of a kind listed below into or in land drainage works, private branch drains or connections to any sanitary sewer or combined sewer: matter of any type or at any temperature or in any quantity which may be or may become a health or safety hazard to a sewage works employee, or which may be or may become harmful to a sewage works, or which may cause the sewage works effluent to contravene any requirement by or under the Ontario Water Resources Act or the Environmental Protection Act (Ontario), or which may cause the sludge from sewage works to fail to meet the criteria relating to contaminants for spreading the sludge on agricultural lands under Ontario's Guidelines for Sewage Sludge Utilization on Agricultural Lands (as revised January, 1986) unless the person has been advised in writing by the operator of the sewage treatment works that the sludge from the sewage treatment works will never be used on agricultural lands, or which may interfere with the proper operation of a sewage works, or which is or may result in a hazard to any person, animal, property or vegetation and; 2. without limiting the generality of the foregoing, any of the following: (a) Solid or viscous substances in quantities or of such size as to be capable of causing obstruction to the flow in a sewer, including but not limited to ashes, bones, cinders, sand, mud, straw, shavings, metal, glass, rags, feathers, tar, plastics, wood, underground garbage, animal guts or tissues, paunch manure, and whole blood. (b) Sewage that may cause an offensive odour to emanate from a sewage works, and without limiting the generality of the foregoing, sewage containing hydrogen sulphide, carbon disulphide, other reduced sulphur compounds, amines or ammonia in such quantity that may cause an offensive odour. (c) Except in the case of discharge into a combined sewer, stormwater, water from drainage of roofs or land, water from a watercourse or uncontaminated water. (d) Water other than stormwater that has originated from a source separate from the water distribution system of the municipality. (e) Sewage or uncontaminated water at a temperature greater than 65 degrees Celsius. 46 (f) Sewage having a Ph less than 5.5 or greater than 9.5. (g) Sewage containing more than 15 milligrams per litre of solvent extractable matter of mineral or synthetic origin. (h) Sewage containing more than 150 milligrams per litre of solvent extractable matter of animal or vegetable origin. (i) Sewage in which the biochemical oxygen demand exceeds 300 milligrams per litre. (j) Sewage containing more than 300 milligrams per litre of suspended solids. (k) Sewage containing more than io milligrams per litre of phosphorus. (1) Sewage containing more than ioo milligrams per litre of Kjeldahl nitrogen. (m) Sewage containing more than i milligram per litre of phenolic compounds. (n) Sewage which consists of two or more separate liquid layers. (o) Sewage containing dyes or colouring materials which pass through a sewage works and discolour the sewage works effluent. (p) Sewage containing any of the following in excess of the indicated concentrations; 1500 milligrams /litre Chlorides expressed as Cl Sulphates expressed as Soo 5o milligrams /litre Aluminum expressed as Al Iron expressed as Fe 10 milliqrams /litre Fluorides expressed as F 5 milligrams /litre Antimony expressed as Sb Bismuth expressed as Bi Chromium expressed as Cr Cobalt expressed as Co Lead expressed as Pb Manganese expressed as Mn Molybdenum expressed as Mo Selenium expressed as Se Silver expressed as Ag Tin expressed as Sn Titanium expressed as Ti Vanadium expressed as V 3 milligrams /litre Copper expressed as Cu Nickel expressed as Ni Zinc expressed as Zn 2 milligrams /litre Cyanide (total) expressed as CN 1 milligram /litre : Arsenic expressed as Cadmium expressed as Cd o.i milligrams /litre Mercury expressed as Hg (q) The following materials or sewage containing any of the following in any amount; Fuels PCBs Pesticides Severely Toxic Materials Waste Radioactive Materials (r) The following materials or sewage containing any of the following in any amount; Hauled Sewage Waste Disposal Site Leachate (s) The following hazardous wastes in any amount; Acute Hazardous Waste Chemicals Hazardous Industrial Wastes Hazardous Waste Chemicals Ignitable Wastes Pathological Wastes PCB Wastes Reactive Wastes 48 (2) In determining whether the limit with respect to any matter prescribed in subsection 2(1) is contravened, the volume of any water that has been added for the purpose of enabling the limit to be met and of any storm sewer discharges to a combined sewer shall be disregarded for the purposes of calculating whether the limit has been met so that compliance with the limit cannot be attained by dilution. 3 - Compliance Program 3.1) The Customer may submit to Bruce Power a proposed compliance program setting out activities to be undertaken by the Customer that would result in the prevention or reduction and control of the discharge or deposit of matter from the Customer's premises into municipal or private sewer connections to any sanitary or combined sewer. 3.2) The Customer may submit to Bruce Power a proposed compliance program setting out activities to be undertaken by the Customer that would result in the prevention or reduction and control of the discharge or deposit of uncontaminated water, groundwater or storm water from the Customer's premises to eliminate the discharge of matter into municipal or private sewer connections. 3.3) Upon receipt of an application pursuant to subsections (i) and (2) above, Bruce Power may issue an approval for a compliance program for the Customer to discharge an effluent that does not comply with limits specified in this Agreement such approval to be in accordance with guidelines therefore adopted by Bruce Power from time to time. The Customer shall be entitled to make non - complying discharges in the amount and only to the extent set out in Bruce Power's approval during the planning, design, and construction or installation of facilities or works needed to implement the approved compliance program. 3.4) Every proposed compliance program shall be for a specified length of time during which treatment facilities are to be installed, and shall be specific as to the remedial action to be implemented by the industry, the dates of commencement and completion of the activity, and the materials or other characteristics of the matter to which it relates. The final activity completion date shall not be later than the final compliance date in the compliance program. 3.5) When a compliance program has been issued to a Customer they shall submit a compliance program progress report to Bruce Power within 14 days after the scheduled completion date of each activity listed in the compliance program. 3.6) Bruce Power may terminate any proposed compliance program by written notification at any time to the Customer in the event that the industry fails or neglects to carry out or diligently pursue the activities required of it under its approved compliance program. 49 3.7) Bruce Power is authorized to execute agreements with Customers with respect to approved compliance programs which agreements may, in accordance with guidelines adopted by Bruce Power from time to time, include a provision for a reduction in the payment otherwise required from the Customer to Bruce Power pursuant to an Industrial Waste Surcharge Agreement. The reduction in payment to Bruce Power may be in such an amount and for such duration as the agreement may specify. 3.8) Bruce Power may terminate any approved compliance program agreement entered into pursuant to section 5(5) by written notice at any time to the Customer in the event that the Customer fails or neglects to carry out or diligently pursue the activities required of it under its approved compliance program, and in the event of such termination, the Customer shall pay to Bruce Power the full difference in amount between what it was required to pay to Bruce Power pursuant to the Industrial Waste Surcharge Agreement, and the amount actually paid to Bruce Power as a result of having entered into an agreement with respect to the approved compliance program. 4- Sampling and Analytical Requirements 4.1) The sampling and analysis required by this Agreement shall be carried out in accordance with the procedures, modified or unmodified, as described in Standard Methods or the "Guidance Document for the Sampling and Analysis of Wastewater for the 1999 Model Sewer Use By- law ", or analytical methods adopted by Bruce Power. 4.2) Compliance or non - compliance with this Agreement may be determined by the analysis of a grab sample or a composite sample done in accordance with subsection 6(1), may contain additives for its preservation and may be collected manually or by using automatic sampling device. 4.3) Where there is no maintenance access hole, Bruce Power may by written notice to the Customer, make use of an alternate device or facility for the purpose of sampling a discharge to the sewage works 4.4) If the Customer is given written approval from Bruce Power to perform discharger self monitoring the following will apply: 4.4. The Customer shall complete, any monitoring or sampling of any discharge to a sewage works, as required by Bruce Power, and provide the results to Bruce Power in accordance with written notification from Bruce Power; and 4.4. The obligations set out in or arising out of 6(3) shall be completed at the expense of the Customer unless Bruce Power has agreed in writing to share the expense with the Customer. 54 4.5) Bruce Power is authorized to execute agreements the Customer with respect to approved compliance programs or Industrial Waste Surcharge Agreement which agreements may, in accordance with guidelines adopted by Bruce Power from time to time, include a provision for routine sampling and reporting on chemical parameters listed in the agreement. 4.6) The obligations set out in or arising out of 5(7) shall be completed at the expense of the Customer unless Bruce Power has agreed in writing to share the expense with the Customer. 5 - Enforcement 5.1 Penalty - for contravention Any person other than a corporation who contravenes any section of this agreement may be liable for a penalty of no more than $10,000.00 for a first offence and not more than $25,000.00 for any subsequent offence under this Agreement. 5.2 Fine - for contravention - corporation Notwithstanding any other provision of this Agreement, a Customer in contravention of this Agreement is liable for a penalty of not more than $50,000.00 for a first offence and not more than $100,000.00 for any subsequent offences. 51- SCHEDULE B CONTRACTED QUANTITIES Maximum Sewer Flow Daily: 35om Hydraulic Loading 0o m 1 Concentration Up to a Max BOD Loading of 490 Kg /week Up to a Max BOD Loading of 1960 Kg /Month Maximum Average Sewer Loading On average, "biochemical oxygen demand" and "suspended solids" no higher than 300 milligrams per litre. Note: 1. Additional quantities, at Bruce Power's discretion, may be supplied to Customer if available. 2. The maximum sewage loading for the average quality is less than the maximum allowable limit under Article B3. 3. For the purpose of the determining the average sewage loading (strength), the arithmetic mean will be calculated of at least 2 samples taken during the same calendar month. CABL may request additional samples to be taken at its expense that may be included in the arithmetic mean to determine average sewage loading. 4. For the purpose of determining the Basic Sewer Service quantity a calculation from the Industrial Water total quantity may be used. 62 Schedule C SEWER SERVICE RATES Ci.i The current rates for the supply of Sewer Service shall be as set forth. The rate for sewage treatment service for the year 2010 and 2011 shall be: BASIC Sewer Service 2010 and 2o11: $1.523 per m In December of each of 2011 and 2012 the rates will be adjusted (with adjusted rates commencing as of January of the following year), in accordance with annual increases or decreases in the Statistics Canada Consumer Price Index (Ontario All Items)with October 2010 as the base. Customer's sewer above contracted maximum flow or average loading (a) i) If the weekly or monthly average "Biochemical Oxygen Demand" Loadings is higher than those set in Schedule B and /or "suspended solids" is higher than 300 milligrams per litre, there will be additional charge(s) equal to an increasing multiple of the Basic Sewer Service rate as follows: BOD or Suspended Solids Range Surcharge Factor 301 -35o =X25% 35 - 400 = X 5o% 401- 500 = X 200% 501 - 600 = X 25o% Customer shall not exceed the above limits at any time ii) If the Hydraulic Loading daily average for the billing period is higher than the limit set out in Schedule B, the charge(s) for Basic Sewer Service shall be proportionately increased to reflect such higher than average Hydraulic Loading amounts (for example, if the Hydraulic Loading daily average for the billing period is io% higher than the limit set out in Schedule B, the charge(s) for Basic Sewer Service shall increase by io% for that billing period). (b) All above charges would be additive. (c) Collection of additional charges would not preclude Bruce Power from exercising its rights to interrupt Service and this right may be exercised if Customer's effluent exceeds either the Quality Requirements per Schedule 53 A2 or the Contracted Quantities per Schedule B. Above average quantities could only be tolerated for limited durations, if at all, as determined by Bruce Power or its agents. (d) Ninety (9o) days before the end of the Term, Bruce Power will provide BEC DBL with Basic Sewer Service Rates for the Renewal Term (if any). If Bruce Power fails to do so, the Basic Sewer Service Rates applicable to the Term will apply to the Renewal Term (if any). (e) Without prejudice to any of Bruce Power's other rights, if any of the limitations outlined in Schedule A.2 are exceeded, the Basic Sewer Service rates charged to Customer will be increased in proportion to the amount of excess until contractual compliance is obtained or resumed. For example, exceeding limit(s) by ten percent will result in a ten percent increase in the rate for BASIC Sewer Service. (0 In addition to the forgoing Industrial Waste Surcharge Agreements may be granted at the sole discretion of Bruce Power on a case by case basis; and i) Bruce Power may consider an agreement with respect to the discharge of the following treatable parameters in sewage: 1.1) BOD 1.2) Total phosphorus 1.3) Total suspended solids 1.4) Total Kjeldahl Nitrogen 2) At Bruce Power's discretion an agreement may be for a limited period of time or one -time discharge; 3) Bruce Power will require laboratory analysis of subject waste to be received by Bruce Power before any such agreement can be entered into; 4) Agreements entered into by Bruce Power may be terminated by Bruce Power by written notice at any time where there is an emergency situation of immediate threat or danger to any person, property, plant or animal life, water or sewage works; or 4.1) If subject waste exceeds initial parameter limits set out in the original Industrial Waste Surcharge Agreement on subsequent sampling and lab analysis; or 4.2) At the discretion of Bruce Power for any reason 54 SCHEDULE D INDUSTRIAL WATER SERVICE Contracted Quantities Water Supply Daily: Up to 600 m /day *i Emergency Water Supply Fire Protection: Up to 70001 /min for 2 hours * 2 Note: *1 Additional quantities may be supplied to Customer if available as describe in Article 3. * 2 The fire protection supply is the total amount available to all BEC customers and is not offered exclusively to any one customer. In the event Bruce Power interrupts the supply of Water as provided for in Article 6.o of the Agreement or reduces the volume of Water supplied, Bruce Power will endeavor to supply Emergency Water as required. 55 SCHEDULE E WATER RATES E.i The rates for Water and Emergency Water for the year 2010 and 2011 shall be those set forth below. Water 2010 and 2011 $0.2463 per m Emergency Water Meter Service 2010 and 2011 $351.94/month 1. /month 4 In December of each of 2011 and 2012 the rates will be adjusted (with adjusted rates commencing as of January of the following year), in accordance with annual increases or decreases in the Statistics Canada Consumer Price Index (Ontario All Items)with October 2010 as the base. 66 SCHEDULE F Technical Conditions of Industrial Water and Sewer Service Fi Terminal Point and Scope of Supply The Terminal point will be at the Terminal Isolation Valves at a location determined by Bruce Power (normally Customer Lot line). Customer must supply all materials on Customer's side of the Terminal point. F.2 Design Criteria Customer's Sewer Equipment shall be designed to ensure that effluent discharged to the sewer is within the quality and quantity limits specified in this Agreement. Customer's Water Equipment shall be designed to be capable of withstanding water pressures of up to 690 Kpa (loo pounds per square inch gauge). Watermains shall conform to AWWA standards as applicable. Customer's processes must be designed to accept occasional interruptions. F.3 Terminal Isolation Valves The Terminal Isolation Valves will normally be as close as possible to Customer's lot line. If Terminal Isolation Valves are located inside Customer's property, Customer shall provided Bruce Power with an easement or easements to allow Bruce Power access to maintain Bruce Power Equipment and the Meters (subject to subsection 7.1 (c) herein). 57 Schedule "G" Waste Audit Survey Form The completed Waste Audit Survey is to be forwarded to: Bruce Power Attention: Bill Jackson, Operations Manager — Property Management PO Box 1540 B10 02W Tiverton, ON NOG 2T0 Please type or print clearly when completing this form. 1 Name of Company 2 Address of Company 3 Owner of Property (if different from Company listed above) Phone: Fax: 4 General Site Operation Information Number of Employees involved in: Plant: Office: Other: Total: Number of shifts per day: Number of operating days per week: 5 Brief Description of Product / Service / Company Activity Include North American Industry Classification System (NAICS) number. If you do not know this already, you can search the Government Website below to get your appropriate code. http: / /www. statcan.ca/english/Subjects /Standard /naics /2002 /naics02- index.htm 6 Brief Description of the Processes at the premises which use or produce subject pollutants. Include characteristics such as Batch (how many per time period), Continuous, or Both (explanation to be provided), Seasonal Production Cycles, Specific Clean -up Periods and Clean -up Activities 7 Average Daily Water Use and Sources Industrial Water Supply Yes / No m3 /day Estimated or Measured Surface Water ** Yes / No m3 /day Estimated or Measured Groundwater* Yes / No m3 /Day Estimated or Measured Other Sources ** Yes / No m3 /day Estimated or Measured If flow rate varies significantly provide peak flow rates per day and month and explanation. * Provide copy of the Permit to Take Water (as required by the OWRA). * * If `Yes' — provide explanation as an attachment 59 8 `Are there' or Will there be' any of the following wastewater discharges from the description as provided? If yes for any, please provide a brief description and volume. Process Wastewater Yes / No m3 /day Cooling Water Yes / No m3 /day Other Sources of Wastewater (other than sanitary) Yes / No m3 /day 9 Known characteristics of Discharges Provide existing data on quality of the discharges listed above Parameter or By -law Average Significant Additional Condition* Limit Concentration Variation Information (mg/L) or Range (Yes or No) and Attached (in mg/L) Reason for the (Yes or No) Variations pH level* 6.0 to 10.5 Two or more One layers* Temperature* 600C B.O.D. 300 PCB's 0.0001 Total Suspended 350 Solids Total Phosphorus 10 Total Kjeldahl 100 Nitrogen Solvent 15 Extractables — Oil & Grease (Mineral) Solvent 150 Extractables — Oil & Grease (Vegetable /Animal) Total Cyanide 2 64 Total Aluminium 50 Total Antimony 5 Total Arsenic 1 Cadmium 2 (hexavalent) Total Cadmium 0.7 Total Chromium 2 Total Cobalt 5 Total Copper 2 Total Lead 1 Total Manganese 5 Total Mercury 0.01 Total Molybdenum 5 Total Nickel 2 Total Selenium 1 Total Silver 5 Total Tin 5 Total Titanium 5 Total Zinc 2 Phenolics (4AAP) 1.0 Chloroform 0.04 1,4 — 0.47 Dichloromethane Methyl Chloride 0.2 Methylene choride 0.21 1,1,2,2- 1.4 Tetrachlorethane 61- Tetrachloroethylene 0.05 Trichloroethylene 0.07 Benzene 0.1 Ethylbenzene 0.16 1,2- 0.05 dichlorobenzene 1,4- 0.08 dichlorobenzene Fluoride 10 Toluene 0.016 o- Xylene 0.52 10 Locations of Subject Pollutants, present at premises at any stage of the operations of the premises, including storage inside, outside, above ground and below ground Location of Process Units Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Raw Materials Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Intermediate Products Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Final Products Inside / Outside / Outside but covered Above Ground / Below Ground 11 Complete List of All Subject Type and /or description of storage Pollutants Used or Produced on container(s) each subject pollutant is Premises. Please use map or physical contained in. (Attach additional sheet(s) layout to indicate locations of of paper if necessary). Subject Pollutants. 62 12 Physical Layout • Provide sketch of property (to scale or approximate) showing buildings, pre - treatment works, property boundaries, effluent lines, and connections to sanitary, combined and storm sewers. • Please identify sewers as listed on the Parameter Information Form as completed above. • Layout may be attached as separate document — leave note to indicate submission with this form. • A flow diagram of the site flows /processes is also required 63 13 List Subject Discharged Discharged Not Discharged to Pollutants and Directly Indirectly Sewer Quantity /Concentration To Sewer To Sewer (Use additional sheet(s) of paper if necessary) 14 Pre - treatment of Discharge Prior to Discharge Does the site have any pre- treatment systems for process effluents prior to discharge to the sewer system? Yes / No If Yes — provide a description of the pre- treatment devices, contaminants removed, operational procedures for the device and description of process utilized in the device. 64 15 Does the site have any of the following programs in place to address discharges to the sewer system? Pollution Prevention Yes / No Describe Waste Treatment Yes / No Best Management Plan Yes / No Environmental Management System Yes / No Other Program / Practises Yes / No 16 Do you have a Certificate of Approval or Provisional Certificate of Approval? If yes, please attach a copy with this form. 17 Regulation 347 Information Provide any Generator Registration Numbers that the site holds under the requirements of Ontario Regulation 347 under the EPA Date Form Completed: Name and Title of Company Representative: Signature of Authorized Company Representative: 65 AGREEMENT FOR WATER AND SEWAGE ( "Agreement ") THIS AGREEMENT made as of the 1" day of January, 2010. BETWEEN: BRUCE POWER L.P. OF THE FIRST PART and STEELBACK BREWERY INC. (the "Customer ") OF THE SECOND PART WHEREAS Customer is carrying on or intends to carry on a business at the BEC adjacent to the Bruce Power Site located in the Municipality of Kincardine, Ontario; WHEREAS Bruce Power and Ontario Power Generation Inc. ( "OPG ") are parties to a lease dated May 11, 2001 (as amended from time to time) with respect to certain portions of the Bruce Site (the "Lease ") including the lease of certain water and sewer assets supplying the BEC; WHEREAS Bruce Power, OPG and the Municipality of Kincardine are negotiating for the potential transfer of certain of the water and sewer assets supplying the BEC to the Municipality of Kincardine; WHEREAS Customer wishes to have an agreement with Bruce Power to secure Water, Sewer, Emergency Water and Meter Services during the Term, and Bruce Power is willing to provide such services on the terms and conditions herein. NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the recitals herein and the mutual covenants hereinafter contained the parties hereto agree as follows: -2- ARTICLE 1.0 DEFINITIONS AND INTERPRETATION 1.1 Unless the context otherwise requires, the following terms wherever used in this Agreement shall have the following meanings: "Applicable Laws" means, collectively, all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws, legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, as amended from time to time; and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law, as amended from time to time. "Basic Sewer Service" means the treatment of the Hydraulic portion of sewage from Customer conforming to the quality specifications as described in the Schedule C herein. "BEC" means the lands and premises comprising Plan 3M -113 registered in the Land Registry Office for the Land Titles Division of Bruce (No. 3) and commonly referred to as the Bruce Energy Centre located in the Municipality of Kincardine, Ontario, adjacent. "BOD" means the Biochemical (carbonaceous) Oxygen Demand as a standard method of measuring sewage loading. "Bruce Power L.P." and "Bruce Power" mean Bruce Power L.P., a limited partnership existing under the laws of Ontario, and includes any successor to Bruce Power L.P. resulting from any merger, arrangement or other reorganization of or including Bruce Power L.P. or any continuance under the laws of another jurisdiction. "Bruce Power Equipment" means all equipment, facilities and systems included in the BEC or the Bruce Power Site or between such sites, whether owned or leased, operated and maintained by, or on behalf of Bruce Power or its agent for the supply of Service to Customer Equipment. "Bruce Power Site" means the nuclear power facility located in the Municipality of Kincardine, Ontario. "Business Day" means any day other than a Saturday, Sunday or any other day that is a statutory holiday in Ontario. "Customer Contact" has the meaning ascribed to that term in Section 10.1. -3- "Contracted Quantities" means the rate at which Customer uses Water and Sewer Service covered by this Agreement, as more fully described in Schedules B & D herein. "Claims" includes any claim, demand, action, suit, cause of action, assessment or reassessment, charge, judgment, debt, liability, expense, cost, damage, or loss, contingent or otherwise, including loss of value, professional fees, including fees of legal counsel on a solicitor and his or her own client basis, and all costs incurred in investigating or pursuing any of the foregoing or any proceeding relating to any of the foregoing. "Contract Loading" means the maximum BOD Load contemplated by this Agreement, as described in the Schedule C herein. "Commencement Date" means January 1, 2010. "Customer Equipment" means all equipment, facilities and systems owned, operated and maintained by and required by Customer for receiving and using Service. "Emergency Water" means untreated water from Lake Huron supplied from Bruce Power's elevated water tower located at the western junction of Farrell Drive and Bruce County Road 20. "Governmental Authority" means any federal, provincial, state, municipal or local government, parliament or legislature, or any regulatory authority, agency, tribunal, commission, board or department of any such government, parliament or legislature, or any court or other law, regulation or rule- making entity, or any arbitrator, each having or reasonably purporting to have jurisdiction in the relevant circumstances, including, for greater certainty, any Person acting or reasonably purporting to act under the authority of any Governmental Authority. "Water Service" means Water made available to Customer every day of the year in the amount as set forth in Schedule D herein. "Interruptible Service" means that "Service" made available to Customer in excess of the Contracted quantities in accordance with the provisions of schedule B and D. "Lease" shall have the meaning ascribed thereto in the recitals of this Agreement. "Meters" means any measuring devices and associated equipment which, as determined by Bruce Power, are needed to determine the quantity of Water and Sewer Service and Interruptible Service supplied to Customer. -4- "Minor Repairs" means, for each calendar year, the first $5000 worth of repairs and maintenance required, as determined by Bruce Powers in its sole discretion, to Meters on Customer's premises. "Nuclear Law" means all federal, provincial or municipal statutes, regulations, by- laws, permits, orders, decisions or rules, and any legally enforceable policies or guidelines of any Governmental Authority, relating specifically to the regulation of nuclear power plants and nuclear material, including the Nuclear Energy Act (Canada), the Nuclear Liability Act (Canada), and the Nuclear Safety and Control Act (Canada) and the respective regulations thereunder and any regulatory guidance documents, directives, standards and policies issued from time to time by the CNSC or its predecessor. "Parties" means Bruce Power and Customer and a "Party" means either of them. "Person" means any individual, sole proprietorship, partnership, firm, entity, unincorporated association, unincorporated syndicate, unincorporated organization, trust, body corporate, and where the context requires any of the foregoing when they are acting as trustee, executor, administrator or other legal representative. "Prime Rate" means the rate of interest per annum established and reported by the Toronto Dominion Bank to the Bank of Canada from time to time as the reference rate of interest for determination of interest rates that the Toronto Dominion Bank charges to its customers for Canadian dollar loans made in Canada by such bank. "Renewal Term" has the meaning ascribed thereto in Section 2.2 of this Agreement. "Sewer Service" means subject to the provisions of this Agreement, Bruce Power accepting and treating sewage from Customer conforming to the quality specifications as described in this Agreement. "Service" means the Water Service, Sewer Service, Emergency Service and Meter Service (collectively the "Services ") made available to Customer. "SP" means the BEC Sewer Plant and the associated supply system, located at 1842 Concession #2, Township of Bruce , ON. "Term" shall have the meaning ascribed hereof in section 2.1 of this Agreement. "Terminal Isolating Valves" means the Industrial Water and Sewer Service valves located at the point of interconnection between the "SP" and Customer Equipment and which are located approximately at the Customer property line. "Terminal point" means the point at which the "SP" connects to Customer Equipment. -5- "Utility Service Equipment" has the meaning ascribed hereof in section 3.14 of this Agreement. "Water" means untreated water from Lake Huron supplied through the Bruce Power Site at a pressure of between 275 and 550 Kpa (25 -100 psi (g)) to be used in accordance as described in Article 3. 1.2 The following schedules are annexed to and form part of this Agreement: Schedule "A" - Water and Sewer Service Schedule "B" - Contracted Quantities Schedule "C" - Sewer Service Rates Schedule "D" - Water Service Schedule "E" - Water Rates Schedule "F "- Technical Conditions of Industrial Water and Sewer Service Schedule "G" - Waste Audit Form 1.3 In this Agreement: (a) words denoting the singular include the plural and vice versa and words denoting any gender include all genders; (b) the word "including" shall mean "including, without limitation "; (c) when calculating the period of time within which or following which any act is to be done or step taken, the date which is the reference day in calculating such period shall be excluded; (d) all dollar amounts are expressed in Canadian dollars, unless otherwise indicated; and (e) the division of this Agreement into separate Articles, Sections, Subsections and Schedule(s), the provision of a table of contents and the insertion of headings is for convenience of reference only and shall not affect the construction or interpretation of this Agreement. -6- ARTICLE 2.0 COMMENCEMENT DATE, TERM, RENEWAL AND TERMINATION 2.1 This Agreement to provide Services to Customer at the BEC shall be in force for a term commencing on the Commencement Date and terminating December 31, 2013 (the "Term "), unless terminated earlier without liability: (i). Extended by written agreement between the Parties; (ii) Renewed in accordance with Section 2.2 below; or (iii) terminated (a) by mutual Agreement in writing; (b) by either Party, in their sole, subjective and unfettered discretion, without any requirement to consider the interests of the other party whatsoever, without cause or for cause upon 60 days written notice to the other Party; (c) by Bruce Power immediately upon written notice to Customer where the Lease has been terminated for any reason or where Bruce Power otherwise ceases to have the ability to generate electricity using the CANDU Reactors at the Bruce Power site; (d) by Bruce Power immediately upon written notice to Customer where the supply of Services to Customer is interrupted at Customer's request and where such interruption continues for more than 210 days during the Term; or in combination with the Renewal Term, if any; (e) by Bruce Power upon written notice to Customer if Bruce Power, acting reasonable, determine that, or through a Senior Conference or arbitration it is determined that, Customer has breached any part of Articles 17 or 22; (f) automatically if proceedings are commenced against or affecting the Customer or, or the Customer institutes proceedings or takes any corporate action or executes any agreement to authorize its participation in or the commencement of any proceedings: (i) seeking to adjudicate it a bankrupt or insolvent; or (ii) seeking liquidation, dissolution, winding up, reorganization, arrangement, protection, relief or composition of it or any of its property or debt or making a proposal with respect to it under any law relating to bankruptcy, insolvency, reorganization or compromise of debts or other similar laws (including any application for reorganization under the Companies' Creditors Arrangement Act (Canada) or the Bankruptcy and Insolvency Act (Canada) or any reorganization, -7- arrangement or compromise of debt under the laws of any applicable jurisdiction); (g) automatically if proceedings are commenced against or affecting the Customer seeking the appointment of, or any creditor of the Customer or any other Person privately appoints, a receiver, receiver - manager, trustee, custodian, liquidator or similar official for the Customer or any part of the Customer's property, including the Collateral or any part of it; (h) automatically if Customer commits any act of bankruptcy; has a receiver appointed on account of insolvency or in respect of any property; or makes a general assignment for the benefit of creditors; or (i) otherwise in accordance with the terms of this Agreement. 2.2 There shall be no obligation for either party to renew or extend the Term of this Agreement. Should the parties, at their sole and unfettered discretion, wish to enter into a renewal or extension of the Term (the "Renewal Term ") it shall be made pursuant to a written agreement entered into between the parties on such terms and conditions as is satisfactory to each party in their sole discretion. 2.3 Effective as of the date of this Agreement the Customer waives any Claims, including without limitation, all Claims directly or indirectly in connection with the supply or discontinuance of supply of Services, (whether known as of the date of this Agreement or subsequently discovered) that it has or may have against either Bruce Power, its landlord, their respective partners, shareholders, employees, officers, directors (collectively, the "Bruce Power Released Parties ") or any Person that previously provided Services to the Customer or any previous owner or occupant of the Customer Premises ( "Prior Provider ") and the Customer hereby releases and agrees to hold harmless the Bruce Power Released Parties and any Prior Provider and their respective successors and permitted assigns from all such Claims. For clarity the Parties acknowledge that the waiver and release in the immediately preceding sentence is not intended and shall not apply to Claims that may arise strictly under this Agreement provided that Bruce Power is notified in writing of such Claims on or before the date the Customer is notified of an assignment of this Agreement by Bruce Power to a third party. The Customer acknowledges that Bruce Power holds the benefit of the foregoing in trust for any Bruce Power Released Parties and any Prior Provider. -8- ARTICLE 3.0 SUPPLY OF SERVICES 3.1 Subject to the provisions of this Agreement, Bruce Power shall supply Services to Customer for the Contracted Quantities set forth in Schedule B and D. 3.2 It is the intention of the Parties that this Agreement provide for a forty -eight (48) month Agreement for Service, with the possibility of renewal as described herein. 3.3 The execution of this Agreement by Bruce Power in no way obligates Bruce Power, or represents its intention, to enter into any renewal agreements, or any other agreements with Customer or any third party 3.4 The Parties may, upon mutual agreement, alter the Contracted Quantities for Water. 3.5 Services shall be supplied to Customer at the Terminal Isolation Valve, located on Lot 15 of the Registered Plan 3m -113, in the Municipality of Kincardine, Ontario, at a location to be determined by Bruce Power. 3.6 Bruce Power shall endeavor to be ready to supply Services to Customer on the Commencement Date. However, supply of Services by Bruce Power is subject to conditions as described in other Articles of this Agreement and the Schedules. The Customer agrees that Bruce Power shall not be responsible for any losses that may be suffered by the Customer in the event of a delay in the supply of Services by Bruce Power regardless of the nature or extent of the delay or otherwise, even if Bruce Power was advised of the potential for such losses. 3.7 Day -to -day operation of Bruce Power Equipment and Customer Equipment will be in accordance with the operating responsibilities for supply of Services as set forth in Schedule F attached hereto and forming part hereof, which Schedule may be amended from time to time by mutual agreement.. 3.8 Prior to Bruce Power opening the Terminal Isolating Valves for the initial supply of Services, and in any case prior to the Effective Date, Customer will give notice in writing to Bruce Power that the Customer Equipment has been designed, installed and tested in accordance with Article 9 herein, and is ready to receive (or continue to receive, as the case may be) Services. On the earlier of the re- opening of the Terminal Isolating Valves by Bruce Power and the Effective Date and at any time thereafter throughout the Term of this Agreement, Customer represents, warrants, covenants and agrees that Customer Equipment will operate within its design parameters and if any changes have been made to Customer Equipment, such changes have been designed, installed and tested in accordance with Article 9 herein. -9- 3.9 The maintenance by Bruce Power of Water at a pressure between 25 and 100 pounds per square inch gauge at the Terminal Isolating Valves located at Customer's property line under the maximum load conditions shall constitute the supply of Industrial Water Service for the purpose of this Agreement. Bruce Power shall use reasonable diligence in supplying Water within the aforesaid pressure range. However, Bruce Power shall not be liable to Customer for variations due to fluctuations in demand at other locations within the BEC. 3.10 The Water is intended for use as industrial water and for fire fighting purposes. Bruce Power with input from Customers at BEC, recognizing the circumstances at the time shall establish a priority system for supply of Emergency Water to Customer and other BEC customers in the event the Water supply is interrupted by a multiple pump failure at the Bruce Power Site pumphouse or for any other reason. Priorities shall be based on the need for essential services primarily fire protection. 3.11 Bruce Power shall measure or take whatever other action is required to measure or determine the quantity of the Services supplied to Customer. 3.12 Bruce Power has the right at all times to suspend partially or fully the Interruptible Service that is made available to Customer in accordance with the provisions of this Agreement. 3.13 The supply of Services to Bruce Power facilities at the Bruce Power Site shall at all times have precedence over the supply of Services to the Customer. For the purpose of this Article Bruce Power shall have the right at all times, for reasons of safety or otherwise, to reduce or interrupt the supply of Services to the Customer rather than reducing or interrupting the supply of Services to the Bruce Power Site. 1G 3.14 At Bruce Power's request the Customer agrees to grant easements and related rights to the Municipality of Kincardine, Bruce Power or such other Persons who may from time to time provide industrial water, sewage (storm and /or sanitary) service, electricity or steam services to the Customer Premises and any other lands and premises within the BEC whether such easements are to accommodate existing services and their related wires, pipes and related equipment and appliances, including Bruce Power Equipment (collectively, "Utility Service Equipment ") , including, without limitation, rights for the installation, maintenance, repair, replacement and removal of such Utility Service Equipment, or to accommodate the new or relocated easements for such services and their related Utility Service Equipment. The easements shall be granted for nominal consideration and incorporate the usual terms and conditions commonly required by a supplier of the services in question. The Customer hereby quit claims and releases any rights that it may have, including by operation of law, in any Utility Service Equipment and agrees to confirm this quit claim and release in any grant of easement contemplated in this Section 3.14. The Customer shall also use reasonable commercial efforts to obtain postponements in favour of the easements from all Persons holding an encumbrance on the Customer Premises. The foregoing are conditional upon compliance with the applicable provisions of the Planning Act (Ontario) and any required consent thereunder shall be obtained by Bruce Power and the Customer shall cooperate in connection with the obtaining of any required consent. 3.15 The provisions of paragraph 3.14 shall survive beyond the expiration or earlier termination of the Term for the maximum period permitted by Applicable Laws. -11- ARTICLE 4.0 INDUSTRIAL WATER AND SEWER RATES 4.1 The rates for Service shall be as set forth in Schedule C and E attached hereto. 4.2 Bruce Power will invoice Customer for the quantity of Services which has been measured or determined as being used under this Agreement during any calendar month on the fifteenth day of the month following or as soon thereafter as practicable. Customer shall pay such invoice within 30 days after the date of the invoice. 4.3 Should the Customer fail to make payments as they become due under this Agreement, interest at an annual rate equal to two (2 %) percent above the Prime Rate on such unpaid amounts shall also become due and payable until payment. Such interest shall be calculated daily from the date on which any payment becomes due and compounded annually. If any invoice remains unpaid for thirty (30) days after the date of the invoice, Bruce Power may, in addition to all other remedies available to it, and after giving to Customer at least 10 days notice in writing of Bruce Power's intention to do so, discontinue the supply of Service and may refuse to resume supply so long as any past due invoice, plus the aforesaid interest, remains unpaid. 4.4 Bruce Power, in its sole discretion, may require Customer to furnish, prior to the Commencement Date or prior to a resumption of the supply of Service following a discontinuance of the supply of Service pursuant to Article 11, security, in an amount determined by Bruce Power, to guarantee payment of an estimated three month's average billing for Services. The security to be furnished shall be in form acceptable to Bruce Power in its sole discretion and, as determined at that time, may be in the form of a letter of credit from a chartered bank, a surety bond issued by a surety company satisfactory to Bruce Power, cash deposit, negotiable bonds or such other security acceptable to Bruce Power. 4.5 Interruption of the supply of Services by Bruce Power in accordance with this Agreement shall not exempt Customer from the continuing obligation to pay for Services supplied prior, or subsequent, to the interruption at the times that such payment is due hereunder. 12 ARTICLE 5.0 AVAILABILITY TO CUSTOMERS 5.1 Service will be available to any customer located at the BEC on a first come, first served basis. 5.2 The capacity of the Service will be determined by the capacity of the existing infrastructure. 5.3 It is recognized that Bruce Power has no obligation to expand the capacity of the Service or infrastructure under this Agreement. 13 ARTICLE 6.0 INTERRUPTION OF SERVICE 6.1 Without limitation to Bruce Power's other rights under this Agreement, Bruce Power shall have the right to interrupt the supply of Service at any time to such extent as, in the sole and subjective opinion of Bruce Power, may be necessary, for: a. safeguarding life, personal injury, public health, environment or property; and /or b. ensuring the safety, stability and reliability of Bruce Power or it agents Equipment. Customer recognizes Service may be interrupted by Bruce Power. Wherever possible, Bruce Power will provide Customer with as much advance notice as possible of interruption of Service. Bruce Power shall use commercially reasonable efforts to limit the frequency and duration of such interruptions so far as it is within its power to do so. For the purpose of this Article notice shall be given by telephone to an employee of Customer who is in a supervisory capacity at that time. If such persons are unavailable such notice shall be given by telephone to any other employee of Customer. 6.2 If at any time, in the judgment of Bruce Power or its agents, the quality of sewage discharged from Customer's plant may not be in compliance with Applicable Laws, this Agreement (including without limitation Schedule Al and A2) or reasonable requirements of Bruce Power so as to cause Bruce Power operating difficulties or make Bruce Power liable to prosecution, Bruce Power shall have the right to interrupt the Sewer Service. 6.3 Bruce Power will not be liable for any loss to Customer resulting from Bruce Power exercising its right of interruption of the Service in accordance with this Agreement, even if Bruce Power was advised of the potential for such loss. 6.4 Without limitation to Bruce Power's other rights under this Agreement, Bruce Power shall have the right to interrupt the Service at any time to such extent as is necessary in the opinion of Bruce Power for the purpose of construction, maintenance, operation, repair, replacement or extension of Bruce Power Equipment and connection of new Customers. However, such interruptions, if possible, shall be arranged to occur during times that are mutually agreeable to both Bruce Power and Customer. If a mutually agreeable time is not attainable, Bruce Power shall give fifteen (15) days prior notice of its intention to interrupt the Service to Customer. Customer's process should therefore be designed to accept occasional interruptions. Customer will be given a minimum of seven (7) Business Days prior warning of planned shutdowns. 14 6.5 Bruce Power shall use commercially reasonable efforts to limit the frequency and duration of such interruptions so far as it is within its power to do so. Notwithstanding the forgoing, if an emergency situation develops relating to Bruce Power's Equipment, then the provisos of Article 6.1 apply. 6.6 Without limiting any of Bruce Power's rights under Article 11.0, if Service is interrupted as a result of Customer being in default, Service will not be resumed until Customer, in the judgment of Bruce Power or its agents, has cured the default or taken effective measures to prevent a recurrence of the default. 6.7 Bruce Power will not be liable for any punitive, exemplary, indirect, incidental or consequential damages, including lost revenue or profit, cost of capital, loss of business reputation, loss of use of any property or loss of opportunity (whether arising out of contract, tort, by way of indemnity or based on any other theory of law) experienced by Customer resulting from Bruce Power exercising its right of interruption of the supply of Services in accordance with this Agreement, even if Bruce Power was advised of the potential for such loss. 1s ARTICLE 7.0 METERING 7.1 Customer, at the written request of Bruce Power acting reasonably, shall purchase and install new Meter(s) and shall bear all costs related to such. New Meters must be approved by Bruce Power before installation. With respect to maintenance and repairs to the Meters, subject to Applicable Laws: a) Subject to subsection 7.1(c) of this Article, Customer, at the written request of Bruce Power in its sole discretion, shall perform (and bear the cost of) any repairs to Meters located on Customer's premises (failure to do so shall be considered a default under this Agreement); b) Calibration of the Meters shall be conducted by, and at the expense of, Bruce Power; c) Bruce Power shall be responsible for Minor Repairs. If, in Bruce Power's judgment, there are special conditions which must be met in Customer's facilities to allow for the installation and /or operation of Meters, Customer shall, at its own expense, provide, install and maintain, in accordance with plans and specifications approved by Bruce Power, the special equipment required in Bruce Power's judgment for the installation and operation of the Meters. 7.2 If requested by Bruce Power, Customer shall provide free of charge: a. a safe and reasonable location on Customer's premises including a manhole for Minor Repairs; b. a suitable enclosure for the Meters; c. a satisfactory power supply; d. an inline effluent wier if required; e. all such reasonable conveniences as are required for Bruce Power to install a water meter prior to the first branch or as otherwise determined by Bruce Power and for Bruce Power to install similar Meters in Customer's Sewer Service systems; f. a secure 110v or 220v power supply to the location(s) where the Meters are installed; g. in its Service pipe design, a suitable length of straight pipe before and after the Service Meters - the actual lengths to be determined by pipe diameter and type of flow element employed, the design of this installation is subject to Bruce Power's approval; and h. if requested, 4 or 8 pairs of #20 or #22 AWG cable from the location of the Meters to Customer's main telephone switchboard, these being for the purpose of transmitting data to Bruce Power. 16 7.3 If for any period any Meter or any part of the measuring process thereof, is not in service, the amount of Service supplied during such period shall be determined by Bruce Power using the best information available. 7.4 Any meter by -pass lines will be under Bruce Power control and normally tagged in the closed position. 7.5 If Customer, acting reasonably, suspects an erroneous reading from any applicable Meter, Customer may request that, and Bruce Power shall, arrange to have the Meters recalibrated within ten (10) Business Days of Customer's request. If the Meters are found to be out of calibration by greater than 5% ( + / -), Bruce Power shall be responsible for costs related to the recalibration and will adjust disputed invoices accordingly. If the Meters are found to be calibrated with +1- 5 %, Customer shall immediately reimburse Bruce Power for any costs it incurred with the recalibration, and pay any outstanding invoices, plus applicable interest. 17 ARTICLE 8.0 CUSTOMER'S PREMISES 8.1 Bruce Power shall have a right of access to the lands and the premises of Customer at any reasonable time during the Term and Renewal Term(if any) for any one or more of the following purposes: a. inspection, operation, testing, adjustment, repairing, alteration, reconstruction and /or removal of Bruce Power Equipment, the Terminal Isolation Valves, Meters and associated equipment, and /or Customer valves associated with the Meters; b. inspection of Customer Equipment for compatibility with Bruce Power Equipment; and /or c. meter reading. 8.2 Where practical to do so, Bruce Power will provide advance verbal or written notice to the Customer prior to exercising its right of access to the Customer premises provided that Bruce Power and its employees, officers, and contractors shall be entitled to enter the Customer premises without first obtaining any additional permission to do so in and if at any time access is refused or delayed and as a result Bruce Power is prevented from fulfilling its obligations with respect to the supply of Service to any person or persons other than the Customer, then the Customer shall indemnify Bruce Power against all claims and demands arising in any manner therefrom. Bruce Power shall not be required to provide advance notice of access if in Bruce Power's opinion based on information known to it at the time and believed to be true there is an actual or apprehended emergency or dangerous situation on the Customer premises concerning Bruce Power Equipment or Customer Equipment or if the Customer is in default under this Agreement at the time access is exercised. 8.3 Customer hereby grants to Bruce Power the right at all times during the continuance of this Agreement to use, free of charge or rent, as much of Customer's lands as Bruce Power may reasonably deem necessary for the construction, maintenance, operation, repair, replacement or extension of Bruce Power Equipment or new connection of Service to Customer and any other customer in the BEC. The location of the lands required for such purpose is to be mutually satisfactory to Bruce Power and Customer, and Customer will provide at no cost to Bruce Power appropriate easements or agreements satisfactory to Bruce Power in registerable form. 8.4 Customer agrees to keep its structures, machinery, plant and works at such distance from Bruce Power Equipment as will permit the safe and efficient maintenance and operation of Bruce Power Equipment. If Customer requires relocation of any 48 Bruce Power Equipment, Customer shall furnish on its lands another location satisfactory to Bruce Power. Bruce Power will perform the work of relocation and Customer will pay the cost thereof to the extent that Bruce Power Equipment is used for the supply of Service. 8.5 After termination of this Agreement, Bruce Power shall have the right to have access to the Customer's premises for the purpose of removing any Bruce Power Equipment on such premises. 8.6 This Article 8 shall survive termination of this Agreement. ARTICLE 9.0 CUSTOMER'S EQUIPMENT 9.1 Customer Equipment shall at all times conform to all applicable codes, standards and regulations and shall be designed, installed, operated and maintained in such a manner so as to be compatible with Bruce Power Equipment. For this purpose Customer will provide Bruce Power with information, including all necessary approvals, relating to Customer's Equipment as Bruce Power may reasonably request. 9.2 Until Bruce Power is satisfied with the compatibility of Customer Equipment to Bruce Power Equipment, Bruce Power shall not be bound to the delivery of Service pursuant to this Agreement, or, if delivery of Service has commenced, to continue the same. 9.3 Customer agrees to provide and install Customer Equipment according to technical conditions as may be required for safe and economical delivery of Service pursuant to this Agreement. Currently applicable technical conditions are set forth in Schedule F which may be amended as considered necessary by Bruce Power in which event a reasonable period of notice shall be provided to Customer for compliance with any revised technical conditions. 9.4 Bruce Power shall not be liable for any loss, damage or injury to Customer due in any way to any failure on the part of Customer to meet the technical conditions as set forth in this Article. -19 ARTICLE 10.0 CUSTOMER'S OPERATION 10.1 If at any time Customer fails to operate its facilities as required by this Agreement, Bruce Power may give notice by telephone of such failure to the Customer contact person mentioned in s.16(i) (the "Customer Contact ") and Customer shall immediately remedy the said failure. In case of continued failure after the notice, Bruce Power may discontinue supply of Service or of any part thereof pursuant to Article 11. 10.2 Customer shall operate the Customer Equipment in such a manner so as not to cause disturbances or fluctuations on the Service systems through which Bruce Power is supplying Services to other customers. Customer shall take such remedial measures at its own expense by way of installing suitable apparatus or otherwise as may be necessary to reduce any disturbance or fluctuations on the Service supply system. 2G ARTICLE 11.0 CUSTOMER IN DEFAULT 11.1 If Customer fails to perform any obligation under this Agreement, Bruce Power may give written notice to Customer that unless the obligation is completely fulfilled within a reasonable period of time (as determined by Bruce Power), Bruce Power may discontinue the supply of Service. 11.2 If Customer continues in default in respect of the obligation beyond the period specified in the notice contemplated in Section 11.1 above, Bruce Power may discontinue the supply of Service, and may refuse to resume supply of Service until Customer has fulfilled its obligation. 11.3 The right to discontinue the supply of Service in this Section is in addition to and not in limitation of any other right provided elsewhere in this Agreement to discontinue the supply of Service for failure of Customer to perform a particular obligation. 11.4 If the Customer Contact is not immediately available to receive any such notice Bruce Power shall endeavor to provide such notice to an employee of Customer who is in a supervisory capacity at that time. If such persons are unavailable, such notice shall be given to any other employee of Customer 11.5 Bruce Power's discontinuance of Services as permitted under this Agreement shall not be construed as a breach of contract by Bruce Power, nor shall such discontinuance relieve Customer from its obligations to pay for Service in accordance with the provisions of this Agreement, and such provisions shall continue in force until termination of this Agreement, unless Bruce Power otherwise agrees in writing. 11.6 If Bruce Power, pursuant to Section 11.2, has discontinued supply of Service, Bruce Power may at its option give written notice to Customer that unless the obligation is completely fulfilled within a specified period (not less than ten (10) days), this Agreement will be deemed terminated. Such termination shall be without waiver of any amounts which may be due or of any rights including the right to damages for such breach which may have accrued up to and including the date of such termination. 21- ARTICLE 12.0 LIABILITY 12.1 Customer shall assume all risk, liability or obligation in respect to: (a) all damage to property of Bruce Power on or off of Customer's lands and premises; and (b) all loss, damage or injury to (i) property of Customer or property of any third person on or off of Customer's lands and premises, or (ii) any person or persons (including loss of life) on or off of Customer's lands and premises, which loss, damage or injury shall have been due to Service supplied by Bruce Power to Customer or due to the said property of Bruce Power to the extent used to supply Service to Customer or due to any reason directly or indirectly related to this Agreement, except to the degree that such loss, damage or injury shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. Without limiting the generality of the foregoing, Customer bears the sole responsibility for the cost of any damage to Customer Equipment that may occur due to the operation of Bruce Power Equipment. Customer also bears the sole responsibility for any damage to equipment of a third party or Bruce Power or its servants or agents, that may occur due to the operation of Customer Equipment, except to the degree that such damage shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.2 Customer shall assume all risk, liability or obligation in respect to all actions, causes of action, suits, proceedings, Claims, demands, losses, damages, penalties, fines, costs, expenses, obligations and liabilities arising out of a discharge of any contaminant into the natural environment on Customer's lands and premises or elsewhere and any fines or orders of any kind that may be levied or made pursuant to the Environmental Protection Act (Ontario), the Ontario Water Resources Act, or the Dangerous Goods Transportation Act (Ontario), or other similar legislation whether federal or provincial or municipal except to the degree that such discharge shall have been due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.3 The Parties acknowledge that the purpose of this Agreement is to provide for a forty — eight(48) month supply of Service by Bruce Power to Customer at the BEC and to establish the price at which this Service will be supplied. The parties also acknowledge that the supply of Service may be interrupted from time to time as permitted and 22 contemplated by this Agreement or as a result of temporary changes in the system. It is agreed that Bruce Power shall not be liable, in such circumstances, to Customer for any damages resulting therefrom. 12.4 Customer shall indemnify Bruce Power and save it harmless from all risk, liability, and obligation assumed by Customer under this Article 12, and all Claims and demands in connection therewith, save and except such loss, damage or injury due to the gross negligence or wilful act of Bruce Power, its servants or agents. 12.5 Bruce Power shall indemnify Customer and save it harmless from all risk, liability, and obligation in connection with the use of Customer's lands used for delivery of Service to other customers of the BEC as per article 8.3 herewith. 12.6 All Bruce Power Equipment, Terminal Isolation Valves and Meters on or in Customer's lands and premises shall be there at the risk of Customer. Subject to ss. 7.1, if any of the Bruce Power Equipment, Terminal Isolation Valves or Meters, is destroyed or damaged other than by ordinary wear and tear or by Bruce Power's actions, Customer shall pay to Bruce Power the value of such equipment or, at Bruce Power's option, the cost of repairing or replacing same. 12.7 Bruce Power shall not be liable for any loss, damage or injury to Customer which, in Bruce Power's opinion, is due to Customer not taking adequate precautions against contamination of Customer's product or any other failure on the part of Customer to meet the requirements as set forth in this Agreement. 12.8 Bruce Power additionally, shall not be liable to Customer for any damages arising as a result of any failure to supply Service in the event of default by Customer as set forth in Article 11.0. 12.9 Notwithstanding any other provision in this Agreement, in no circumstances whatsoever shall Bruce Power's liability to Customer exceed $5000.00. regardless of whether Customer's claim is based in contract, indemnity, tort /extra - contractual liability (including negligence, strict liability or otherwise). 23 12.10 Nuclear Liability (a) Notwithstanding any other provision in this Agreement, Bruce Power shall indemnify, defend and hold harmless Customer from and against any and all injury to Customer or damage to the property of Customer resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station, save and except for: (i) injury or damage suffered by Customer from a nuclear incident which occurred wholly or partly as a result of Customer's unlawful act or omission with intent to cause injury or damage; and (ii) damage to transportation equipment or storage facilities arising from a nuclear incident occurring during the carriage or incidental storage of nuclear material by Customer, unless such damage is covered by Bruce Power's nuclear liability insurance. (b) Customer shall not and shall require its representatives, including any of its subcontractors, consultants, agents or advisers, not to hold any supplier of Bruce Power liable for injury to Customer or such persons, or damage to the property of Customer or such persons, resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station. (c) Notwithstanding any other provision of this Agreement other than subsection (a) (i) and (ii) above, Bruce Power shall defend, hold harmless and indemnify Customer against liability to third parties resulting from a nuclear incident with respect to the Bruce Nuclear Generating Station. (d) For the purposes of this section the terms "damage ", "nuclear incident" and "injury" shall have the meanings ascribed thereto in the Nuclear Liability Act (Canada) (the "Act ") and the term "supplier" means any person (regardless of tier in the case of contractors or subcontractors) that has furnished or is furnishing directly or indirectly, equipment, articles, information, materials or services for use at the Bruce Nuclear Generating Station. 24 ARTICLE 13.0 WAIVER 13.1 Any failure by either Bruce Power or Customer to exercise any right or enforce any remedy under this Agreement shall be limited to the particular instance, and shall not be deemed to be a waiver of any other right or remedy or affect the validity of this Agreement. 13.2 The exercise by either Party of any rights or remedy hereunder shall not be deemed to waive any other rights or remedy that such Party may have, and such rights or remedies may be exercised and continued concurrently or separately. 25 ARTICLE 14.0 FORCE MAJEURE 14.1 Except that payments required to be made by Customer pursuant to this Agreement are not excused by any circumstance, happening or event, and without limiting Bruce Power's rights under Article 2.0, neither Party shall be held responsible or liable, either directly or indirectly, or be deemed in default or in breach of this Agreement for any loss, damage, detention, delay, failure or inability to meet any of its commitments hereunder caused by or arising from any cause which is unavoidable or beyond its reasonable control, including without limitation war, hostilities, invasion, insurrection, riot, the order of, the action or the failure to act by, any competent civil government (including the Government of Canada, or any provincial or local government thereof or any statutory tribunal of competent jurisdiction), explosion, fire, strikes, lockouts or labour disputes and the time or times provided for hereunder for performance by both parties shall be extended for a period equivalent to the time any such cause was preventing performance together with any further extension of time as the parties may mutually agree upon. 14.2 If either Party is unable to perform its obligations hereunder due to a force majeure cause, it shall so notify the other Party in writing, stating the cause and shall use its best endeavor to remove such cause provided, however, that neither Party shall be obligated to resolve or terminate any disagreement with third parties including labour disputes except under conditions acceptable to it or pursuant to the final decision of any arbitral, judicial or statutory agency having jurisdiction to finally resolve the disagreement. 26 ARTICLE 15.0 APPROVALS 15.1 The parties hereto acknowledge and agree that each Party will obtain all necessary federal, provincial, municipal or other governmental or administrative approvals for all aspects of its own works. 2 ARTICLE 16.0 CONTACTS 16.1 Any formal notice required by this Agreement shall be deemed properly given if either faxed with confirming receipt from recipient, sent by registered mail, or delivered as follows: (i) on behalf of Customer to: Steelback Brewery Inc. 88 Farrell Drive Tiverton, Ontario NOG 2T0 Attention: President Fax No.: (519) 368 -5676 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: General Counsel Fax No. (519) 361 -4333 And to: Attention: Operations Manager — Property Management Fax No. (519) 361 -1797 Either Party may change its representative specified above by giving written notice thereof to the other Party. 16.2 Any written correspondence regarding day -to -day activities between Bruce Power and Customer shall be deemed properly given if either fax, mailed or delivered as follows: 28 (i) on behalf of Customer, to: Steelback Brewery Inc. 88 Farrell Drive Tiverton, Ontario NOG 2T0 Attention: Plant Manager Fax No.: (519) 368 -5676 (ii) on behalf of Bruce Power, to: Bruce Power P.O. Box 1540, B10 177 Tie Road Municipality of Kincardine R.R. #2 Tiverton, Ontario NOG 2T0 Attention: Gary Lee, Operations Section Manager Fax No.: (519) 361 -5777 16.3 Any verbal correspondence regarding the day -to -day activities between Bruce Power and Customer shall be: • 1st — Gary Lee, Chief Engineer, Production /Supervisor (telephone number 361 -2673 ext. 5558), or alternatively, • 2nd — Duty Shift, Boilers and Systems Supervisor (telephone number 361 -2673 Ext. 4551) . • Steelback Plant Manager (telephone number 519- 368 -3663 ext.243) 16.4 Any day -to -day verbal communication regarding the day -to -day activities will be between Bruce Power and Customer. The sewage Operating Authority (the operational agent for Bruce Power) will be Todd Davis, Cluster Manager, Owen Sound Hub, Ontario Clean Water Agency, PO Box 760, Anglesia St. N, Southhampton, ON., NOH 2L0 (Telephone No.: 519- 797 -2561 ext. 224; Fax No.: 519- 797 -3080; E -mail: tdavis @ocwa.com). 29 ARTICLE 17.0 PUBLIC NOTICES 17.1 The Customer shall jointly plan and co- ordinate with Bruce Power any public notices, press releases, and any other publicity of Customer concerning this Agreement and Customer shall not act in this regard without the prior approval of Bruce Power, unless such disclosure is required to meet timely disclosure obligations of any Party under Applicable Laws and stock exchange rules in circumstances where prior consultation with Bruce Power is not practicable and a copy of such disclosure is provided to Bruce Power at such time as it is made to the regulatory authority. Bruce Power shall have the right to make such press releases, without consultation or approval of the Customer, which Bruce Power deems in its sole discretion as are required by it. This provision shall survive expiry of the Term for a period of two years. as ARTICLE 18.0 SUCCESSORS AND ASSIGNS 18.1 This Agreement shall extend to, be binding upon and enure to the benefit of Bruce Power and of Customer and their respective successors and permitted assigns (including any successor by reason of amalgamation of any Party). 18.2 Customer may not assign this Agreement or any rights or obligations under this Agreement without the prior written consent of Bruce Power, which consent shall be in the sole and unfettered discretion of Bruce Power and may be unreasonably withheld. 18.3 For greater certainty, Bruce Power may assign its rights or obligations under this Agreement to any third party including the Municipality of Kincardine at any time immediately upon written notice to the Customer. ARTICLE 19.0 ENTIRE AGREEMENT 19.1 This Agreement, the Schedules attached hereto, and the agreements and other documents required to be delivered pursuant to this Agreement, if any, constitute the entire agreement between the Bruce Power and Customer and sets out all the covenants, promises, warranties, representations, conditions, understandings and agreements between Bruce Power and Customer pertaining to the subject matter of this Agreement and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written between the Parties with respect thereto and sets forth the entire, complete and exclusive understanding between the Parties relating to the subject matter hereof. There are no covenants, promises, warranties, representations, conditions, understandings or other agreements, oral or written, express, implied or collateral between the Parties in connection with the subject matter of this Agreement except as specifically set forth in this Agreement and any document required to be delivered pursuant to this Agreement. Neither this Agreement nor any provision hereof is intended to confer upon any person other than the Parties any benefits or any rights or remedies hereunder. The execution of this Agreement by the Parties has not been induced by, nor do either of the Parties rely upon or regard as material, any representations, writings covenants, promises, warranties, conditions, understandings and agreements whatsoever not incorporated herein and made part hereof. ARTICLE 20.0 APPLICABLE LAW 20.1 This Agreement shall for all purposes be construed and interpreted according to the laws in force in the Province of Ontario. ARTICLE 21.0 AMENDMENTS 21.1 No amendment, supplement, modification or waiver or termination of this Agreement and, unless otherwise specified, no consent or approval by any Party, shall be binding unless executed in writing by the Party to be bound thereby. ARTICLE 22.0 CONFIDENTIALITY 22.1 (a) Except as authorized in writing by the owner, or as contemplated herein, each Party shall keep confidential all proprietary and confidential information of the other made available to it as a result of this Agreement, whether or not marked as such, including, without limitation, all unpublished business and technical information, papers, or records, however produced. These obligations of confidentiality shall survive completion and /or termination of this Agreement. (b) Notwithstanding Section 22.1(a), each Party to disclose confidential information of the other party where: (a) it discloses such to a court or arbitrator which has jurisdiction in a particular legal claim, dispute or order, (b) it discloses such to business entities that are parent companies or subsidiaries of it or any such parent company or an affiliated company of any of the foregoing ( "Group "); (c) it discloses such to any of its directors, officers, employees, agents and professional advisors of it or of its Group or of a third party who have a commercially legitimate need -to -know and agree in writing to maintain confidentiality; (d) it received that information independently; or (e) the information becomes public through no breach of this Agreement. ARTICLE 23 EXECUTION AND DELIVERY 23.1 This Agreement may be executed by the Parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles shall together constitute one and the same agreement. ARTICLE 24 SEVERABILITY 24.1 Each of the provisions contained in this Agreement are distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction shall not affect the validity or enforceability of any other provision of this Agreement. To the extent permitted by Applicable Law, the Parties waive any provision of Applicable Law that renders any provision of this Agreement invalid or unenforceable in any respect. The Parties shall engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 33 ARTICLE 25 FURTHER ASSURANCES 25.1 The Parties shall with reasonable diligence do all such things and provide all such reasonable assurances as may be required to consummate the transactions contemplated by this Agreement, and each Party shall provide such further documents or instruments required by any other Party as may be reasonably necessary or desirable to effect the purpose of this Agreement and carry out its provisions. ARTICLE 26 DISPUTE RESOLUTION 26.1 Negotiation. If any dispute between the Parties arises under or in connection with this Agreement that the contact persons in subsection 16.2 cannot resolve, each of the contact persons shall promptly advise its senior management, in writing, of such dispute. Within seven Business Days following delivery of such notice, a senior manager from each Party shall meet, either in person or by telephone (the "Senior Conference "), to attempt to resolve the dispute. Each senior manager shall be prepared to propose a solution to the dispute. If, following the Senior Conference, the dispute is not resolved, either Party may deliver an Arbitration Request in accordance with the procedures in this Article. If neither Party delivers an Arbitration Request within one year following the Senior Conference, the Parties shall be deemed to have waived their claims as to such matters. 26.2 Binding Arbitration. Any matter in issue between the Parties as to their rights under this Agreement may be decided by arbitration at the election of either Party; provided, however, that the Parties have first completed a Senior Conference pursuant to this Section. To initiate arbitration a Party may deliver a notice of dispute and request for arbitration (an "Arbitration Request ") to the other Party. Any dispute to be decided by arbitration will be decided by a single arbitrator appointed by the Parties or, if such Parties fail to appoint an arbitrator within fifteen (15) days following the receipt of an Arbitration Request, upon the application of either of the Parties, the arbitrator shall be appointed by a Judge of the Superior Court of Justice (Ontario) sitting in the Judicial District of Toronto Region. The arbitrator shall not have any current or past business or financial relationships with any Party (except prior arbitration). The arbitrator shall provide each of the Parties an opportunity to be heard and shall conduct the arbitration hearing in accordance with the provisions of the Arbitration Act, 1991 (Ontario). Unless otherwise agreed by the Parties, the arbitrator shall render a decision within ninety (90) days after the end of the arbitration hearing and shall notify the Parties in writing of such decision and the reasons therefor. The arbitrator shall be authorized only to interpret and apply the provisions of this Agreement and shall have no power to modify or change the Agreement in any manner. The decision 34 of the arbitrator shall be conclusive, final and binding upon the Parties. The decision of the arbitrator may be appealed solely on the grounds that the conduct of the arbitrator, or the decision itself, violated the provisions of the Arbitration Act, 1991 (Ontario) or solely on a question of law as provided for in the Arbitration Act, 1991 (Ontario). The Arbitration Act, 1991 (Ontario) shall govern the procedures to apply in the enforcement of any award made. If it is necessary to enforce such award, all costs of enforcement shall be payable and paid by the Party against whom such award is enforced. Each Party shall be otherwise responsible for its own costs incurred during the arbitration process. 26.3 Confidentiality. The arbitration proceedings conducted pursuant hereto shall be confidential. Neither Party shall disclose or permit the disclosure of any information about the evidence adduced or the documents produced by any Party in the arbitration proceedings or about the existence, contents, or results of the arbitration award without the prior written consent of such other Party except as required by order during the course of a judicial or regulatory proceeding or as required by a Governmental Authority, so long as the Party intending to make such disclosure shall give the other Party prompt notice of the disclosure request to afford the other Party opportunity to protect its interests. ARTICLE 27 REMEDIES 27.1 The rights, powers and remedies of Bruce Power provided in this Agreement are in addition to and in no way limit Bruce Power's rights, powers and remedies available at law or in equity. Each right, power and remedy of Bruce Power provided herein and available at law or in equity or in any other agreement shall be separate and in addition to every other such right, power and remedy. Any one or more rights, remedies and powers may be exercised by Bruce Power from time to time and no such exercise shall exhaust all rights, remedies or powers of Bruce Power or preclude Bruce Power from exercising any one or more of such rights, remedies and powers or any combination thereof from time to time or simultaneously. 35 IN WITNESS WHEREOF, Bruce Power and Customer have caused this Agreement to be executed by their duly authorized representatives as of the date first above written. GR-EttlftEtITETWANO —II' C‹ ' By: �- Na onathen Sherman Title; President BRUCE POWER L.P., by its General Partner, BRUCE POWER INC. B OP �' V" By: BRUCE POWER Name: Dwight illett LAW DIVISION Title: Executive Vice President, Corporate Services Approved 5,P Date 4 By: )1444 � Name: Brian Armstrong, Q.C. Title: Executive Vice President and General Counsel g6 SCHEDULE A Industrial Water and Sewer Service SCHEDULE A.1 CONDITIONS OF SERVICE A1.1 Customer shall abide by all conditions of this Agreement, and all applicable laws, statutes, ordinances, decrees, rules, regulations, by -laws (including without limitation Sections 1 and 2 of the Ontario Clean Water Agency Model Sewer Use By -Law as amended from time to time, copies of which are attached as Schedule A2 hereto and forming part hereof), legally enforceable policies, codes or guidelines, judicial, arbitral, administrative, ministerial, departmental or regulatory, judgments, orders, decisions, directives, rulings or awards, and conditions of any grant of approval, permission, certification, consent, registration, authority or licence by any court, statutory body, self - regulatory authority, stock exchange or other Governmental Authority, including Nuclear Law. A1.2 The maximum sewage flow and maximum average contracted sewage loading is specified in Schedule B. A1.3 Waste Audit Survey 1) A customer which discharges any amount of Subject Pollutant (as defined in paragraph (ss) of Section 1, Schedule A.2) shall prepare a Waste Audit Survey (Survey) in the form set out at Schedule G and submit it to Bruce Power with respect to the premises from which the discharge occurs by no later than 30 days after commencing discharge. 2) Waste Audit Surveys submitted to Bruce Power shall be approved. If Bruce Power determines that the Waste Audit Survey does not comply with the requirements of this Agreement Bruce Power may at its sole discretion refuse or terminate service as the case maybe. 3) 3.1) The Waste Audit Survey shall be in the form designated by Bruce Power attached as Schedule G here in.and may change from time to time. 3.2) In addition to any other matter or requirement designated by Bruce Power, and not withstanding subsection 3.3 of Section A1.3 Schedule A each Survey shall include the following: 3.2.1) A description of the processes at the premises which use or produce Subject Pollutants; �3� 3.2.2) A map indicating locations of Subject Pollutants present at the premises at any stage of the operations of the premises, including storage inside, outside, above ground and below ground 3.2.3) The type and / or description of storage container(s) each Subject Pollutant is contained in; 3.2.4) A complete list of all Subject Pollutants used or produced on the premises; 3.2.5) A description setting out the types, quantities and concentrations of all Subject Pollutants discharged, directly or indirectly, to a sewer; 3.2.6) A copy of the Certificate of Approval or Provisional Certificate of Approval and any Amendments (if applicable) 3.2.7) Small quantity generator number (if applicable) 3.2.8) A description of current waste reduction, recycling, waste treatment and pollution prevention activities with respect to sewer discharge at the premises; 3.2.9) A declaration from an authorized person that the content of the plan is, to the best of that person's knowledge, true, accurate and complete. 3.3) Bruce Power may designate a different form for the Waste Audit Survey with respect to any Customer. 3.4) In the event that the activity or business of the Customer which discharges any amount of a Subject Pollutant which commenced business operations prior to January 1, 2010, shall prepare a Waste Audit Survey and submit it to Bruce Power by no later than June 30, 2010. 3.5) Any Customer discharging any amount of a Subject Pollutant, which commences business operations after Jan 1, 2010, shall have 30 days from the date of commencement of its business operations to prepare a Waste Audit Survey and submit it to Bruce Power. 3.6) At all times after the dates specified in subsections 3.1, 3.4 and 3.5 of Section 1.3 Schedule A, every Customer discharging a Subject Pollutant shall have a Waste Audit Survey that has been approved by Bruce Power. 3.7) In the event that the Customer submitting a Waste Audit Survey, is not sent written notice from Bruce Power that the Survey is not approved by Bruce Power within 90 days of the Customer delivering the survey to Bruce Power, the survey shall be deemed to have been approved by Bruce Power. 3.8) Where the Customer receives notice from Bruce Power that it's Waste Audit Survey has not been approved, the Customer shall have 90 days to amend and resubmit it's survey to Bruce Power for approval in accordance to this Agreement 3.9) In the event that a Waste Audit Survey resubmitted to Bruce Power in accordance with subsection 3.8) of this Agreement continues to fail to comply with the requirements of this Agreement, Bruce Power shall so notify the Customer and the 38 Customer shall be in contravention of subsection 3(1) of this Agreement and shall continue to be in contravention of this Agreement until such time as Bruce Power approves of an amended Waste Audit Survey resubmitted by the Customer, in accordance with this Agreement. 3.10) The Customer discharging a Subject Pollutant shall submit a revised and updated Waste Audit Survey for the approval of Bruce Power at least once every two years from the date which the original survey was required to be submitted. 3.11) Bruce Power may designate to the Customer a date with respect to which they shall be required to submit to Bruce Power a Waste Audit Survey. 3.12) Bruce Power may designate any matter as a Subject Pollutant and may designate a date with respect to which any Customer discharging such Subject Pollutant shall be required to submit to Bruce Power a Waste Audit Survey. 3.13) A copy of the Waste Audit Survey shall be kept at all times at the Customer's premises in respect to which it was prepared and shall be available for inspection by Bruce Power at any time. 3.14) The Customer shall provide written notification to Bruce Power of any change to the information required under 3(1). S9 SCHEDULE A.2 SEWAGE QUALITY REQUIREMENTS as per the Provincial Model Bylaw SECTION 1 DEFINITIONS 1. In this by -law: (a) "acute hazardous waste chemical" means a material which is an acute hazardous waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (b) "authorized representative of the owner or operator" means (i) A principal executive officer of at least the level of vice president, if the owner or operator is a corporation; or (ii) A general partner or proprietor if the owner or operator is a partnership or proprietorship, respectively; or (iii) A duly authorized representative of the individual designated above if such representative is responsible for the overall operation of the facilities from which the sewage discharge originates; (c) "biochemical oxygen demand" means carbonaceous oxygen demand (biochemical) as determined by Method 507 in Standard Methods when an inhibiting chemical has been added to prevent ammonia oxidation; (d) "blowdown" means the discharge of recirculating noncontact cooling water for the purpose of discharging materials contained in the water, the further buildup of which would cause concentrations in amounts exceeding limits established by best engineering practices; (e) "combined sewer" means a sewer intended to function simultaneously as a storm sewer and a sanitary sewer; (f) "commercial waste chemical" means a material which is a commercial waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act. (Ontario); (g) "composite sample" means a sample which is composed of a series of grab samples taken at intervals during the sampling period; (h) "cyanide (total)" means cyanide as determined by Methods 412B plus one of Method 412C or 412D in Standard Methods; 4G (i) "de minimis dose" means a dose of radiation to an individual of .05 millisieverts per year; (j) "de minimis waste" means any waste radioactive material that will not result in a dose of radiation exceeding the de minimis dose regardless of the quantity of the material or how it is used or managed; (k) "fuels" includes (i) any ignitable liquid intended for use as a fuel with a flash point less than 61 °Celsius as determined by one of the methods in Ontario Regulation 309 made under the Environmental Protection Act (Ontario) and (ii) gasoline, naptha, diesel fuel or fuel oil; (1) "grab sample" is an aliquot of the flow being sampled taken at one particular time and place; (m) "hauled sewage" means waste removed from cesspool, a septic tank system, a privy vault or privy pit, a chemical toilet, a sewage holding tank or any other sewage system of a type regulated under Part VII of the Environmental Protection Act (Ontario); (n) "hazardous industrial waste" means a material which is a hazardous industrial waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (0) "hazardous waste chemical" means a material which is a hazardous waste chemical within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (p) "ignitable waste" means a material which is an ignitable waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (q) "industrial" shall mean of or pertaining to industry, manufacturing, commerce, trade, business, or institutions as distinguished from domestic or residential; (r) "industrial process area" means any industrial building, property or land area which during manufacturing, processing or storage comes into direct contact with any raw material, intermediate product, finished product, byproduct, or waste product; (s) "Kjeldahl Nitrogen" means organic nitrogen as determined by one of Method 420A or 420B in Standard Methods; (t) "matter" includes any solid, liquid or gas; (u) "municipality" means The Corporation of the Municipality of Kincardine or its designated representative; 41- (v) "noncontact cooling water" means water which is used to reduce temperature for the purpose of cooling and which does not come into direct contact with any raw material, intermediate product other than heat, or finished product; (w) "once - through cooling water" means noncontact cooling water that has been circulated once through the cooling device; (x) "owner" or "operator" means the owner or operator of any facility or activity subject to the provisions of this by -law; (y) "pathological waste" means a material which is a pathological waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act. (Ontario) or any material which may be designated in writing by the Chief Medical Officer of Health (Ontario); (z) "PCB" means any monochlorinated or poly- chlorinated biphenyl or any mixture of these or mixture that contains one or more of them; (aa) "PCB waste" means a PCB waste within the meaning of Ontario Regulation 148/86 made under the Environmental Protection Act (Ontario); (bb) "person" includes an individual, association, partnership, corporation, municipality, Provincial or Federal Agency, or an agent or employee thereof; (cc) "pesticides" means a pesticide regulated under the Pesticides Act (Ontario); (dd) "Ph" means the logarithm to the base 10 of the reciprocal of the concentration of hydrogen ions in moles per litre of solution; (ee) "phenolic compounds" means those derivatives of aromatic hydrocarbons which have a hydroxyl group directly attached to the ring as determined by one of Method S10B or 510C in Standard Methods; (ff) "phosphorus" means total phosphorus as determined by both Method 424C plus one of Method 424D, 424E, 424F, or 424G in Standard Methods; (gg) "reactive waste" means a material which is a reactive waste within the meaning of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (hh) "sanitary sewer" means a sewer for the collection and transmission of domestic, commercial, institutional and industrial sewage or any combination thereof; (ii) "severely toxic material" means any material listed in Schedule 3 of Ontario Regulation 309 made under the Environmental Protection Act (Ontario); (jj) "sewage" means any liquid waste containing animal, vegetable or mineral matter in solution or in suspension, except uncontaminated water; (kk) "sewage works" means any works for the collection, transmission, treatment or disposal of sewage, or any part of such works; 42 (11) "SIC code" means Standard Industrial Classification Code contained in either the Standard Industrial Classification Manual published by the Minister of Supply and Services Canada, 1980 (Canadian SIC) or the Standard Industrial Classification Manual published by the Executive Office of the President, Office of Management and Budget, 1972 (U.S. SIC); (mm) "solvent extractable matter of animal or vegetable origin" means grease, and oil as determined by one of Methods 503A, 503B, 503C, or 503D in Standard Methods: (nn) "solvent extractable matter of mineral or synthetic origin" means grease and oil as determined by Method 503B in Standard Methods; (oo) "Standard Methods" means a procedure set out in Standard Methods for the Examination of Water and Wastewater published jointly by the American Public Health Association, American Water Works Association and Water Pollution Control Federation, 16th Edition (1985), current at the date of testing, or a procedure published by the Ontario Ministry of the Environment as a standard method or the equivalent of a standard method; (pp) "storm sewer" means a sewer for the collection and transmission of uncontaminated water, stormwater, drainage from land or from a watercourse or any combination thereof: (rr) " stormwater" means water from rainfall or other natural precipitation or from the melting of snow or ice; (ss) "subject pollutant" means any liquid or solid that contains any of the substances listed in Schedule A2 of this Agreement that is discharged or could be discharged or could be discharged to the sewer or combined sewer. (tt) "'suspended solids" means solid matter in or on a liquid which matter is removable by filtering and dried at 103 - 105 °C as determined by Method 209C in Standard Methods; (uu) "uncontaminated water" means water to which no matter has been added as a consequence of its use, or to modify its use, by any person; (vv) "waste disposal site leachate" means leachate from any waste disposal site; and (ww) "waste radioactive materials" means any waste material exhibiting the property of spontaneous disintegration of atomic nuclei usually with the emission of penetrating radiation or particles. 43 SECTION 2 DISCHARGES TO SANITARY SEWERS DISCHARGES TO COMBINED SEWERS 2 (1) No person shall discharge or deposit or cause or permit the discharge or deposit of matter of a kind listed below into or in land drainage works, private branch drains or connections to any sanitary sewer or combined sewer: 1. matter of any type or at any temperature or in any quantity which may be or may become a health or safety hazard to a sewage works employee, or which may be or may become harmful to a sewage works, or which may cause the sewage works effluent to contravene any requirement by or under the Ontario Water Resources Act or the Environmental Protection Act (Ontario), or which may cause the sludge from sewage works to fail to meet the criteria relating to contaminants for spreading the sludge on agricultural lands under Ontario's Guidelines for Sewage Sludge Utilization on Agricultural Lands (as revised January, 1986) unless the person has been advised in writing by the operator of the sewage treatment works that the sludge from the sewage treatment works will never be used on agricultural lands, or which may interfere with the proper operation of a sewage works, or which is or may result in a hazard to any person, animal, property or vegetation and; 2. without limiting the generality of the foregoing, any of the following: (a) Solid or viscous substances in quantities or of such size as to be capable of causing obstruction to the flow in a sewer, including but not limited to ashes, bones, cinders, sand, mud, straw, shavings, metal, glass, rags, feathers, tar, plastics, wood, underground garbage, animal guts or tissues, paunch manure, and whole blood. (b) Sewage that may cause an offensive odour to emanate from a sewage works, and without limiting the generality of the foregoing, sewage containing hydrogen sulphide, carbon disulphide, other reduced sulphur compounds, amines or ammonia in such quantity that may cause an offensive odour. (c) Except in the case of discharge into a combined sewer, stormwater, water from drainage of roofs or land, water from a watercourse or uncontaminated water. (d) Water other than stormwater that has originated from a source separate from the water distribution system of the municipality. (e) Sewage or uncontaminated water at a temperature greater than 65 degrees Celsius. (f) Sewage having a Ph less than 5.5 or greater than 9.5. 44 (g) Sewage containing more than 15 milligrams per litre of solvent extractable matter of mineral or synthetic origin. (h) Sewage containing more than 150 milligrams per litre of solvent extractable matter of animal or vegetable origin. (i) Sewage in which the biochemical oxygen demand exceeds 300 milligrams per litre. (j) Sewage containing more than 300 milligrams per litre of suspended solids. (k) Sewage containing more than 10 milligrams per litre of phosphorus. (1) Sewage containing more than 100 milligrams per litre of Kjeldahl nitrogen. (m) Sewage containing more than 1 milligram per litre of phenolic compounds. (n) Sewage which consists of two or more separate liquid layers. (o) Sewage containing dyes or colouring materials which pass through a sewage works and discolour the sewage works effluent. (p) Sewage containing any of the following in excess of the indicated concentrations; 1500 milligrams /litre Chlorides expressed as Cl Sulphates expressed as SO4 50 milligrams /litre Aluminum expressed as Al Iron expressed as Fe 10 milliqrams /litre Fluorides expressed as F 5 milligrams /litre Antimony expressed as Sb Bismuth expressed as Bi Chromium expressed as Cr Cobalt expressed as Co Lead expressed as Pb Manganese expressed as Mn Molybdenum expressed as Mo Selenium expressed as Se Silver expressed as Ag Tin expressed as Sn 45 Titanium expressed as Ti Vanadium expressed as V 3 milligrams /litre Copper expressed as Cu Nickel expressed as Ni Zinc expressed as Zn 2 milligrams /litre Cyanide (total) expressed as CN 1 milligram /litre : Arsenic expressed as Cadmium expressed as Cd 0.1 milligrams /litre Mercury expressed as Hg (q) The following materials or sewage containing any of the following in any amount; Fuels PCBs Pesticides Severely Toxic Materials Waste Radioactive Materials (r) The following materials or sewage containing any of the following in any amount; Hauled Sewage Waste Disposal Site Leachate (s) The following hazardous wastes in any amount; Acute Hazardous Waste Chemicals Hazardous Industrial Wastes Hazardous Waste Chemicals Ignitable Wastes Pathological Wastes PCB Wastes Reactive Wastes 46 (2) In determining whether the limit with respect to any matter prescribed in subsection 2(1) is contravened, the volume of any water that has been added for the purpose of enabling the limit to be met and of any storm sewer discharges to a combined sewer shall be disregarded for the purposes of calculating whether the limit has been met so that compliance with the limit cannot be attained by dilution. 3 - Compliance Program 3.1) The Customer may submit to Bruce Power a proposed compliance program setting out activities to be undertaken by the Customer that would result in the prevention or reduction and control of the discharge or deposit of matter from the Customer's premises into municipal or private sewer connections to any sanitary or combined sewer. 3.2) The Customer may submit to Bruce Power a proposed compliance program setting out activities to be undertaken by the Customer that would result in the prevention or reduction and control of the discharge or deposit of uncontaminated water, groundwater or storm water from the Customer's premises to eliminate the discharge of matter into municipal or private sewer connections. 3.3) Upon receipt of an application pursuant to subsections (1) and (2) above, Bruce Power may issue an approval for a compliance program for the Customer to discharge an effluent that does not comply with limits specified in this Agreement such approval to be in accordance with guidelines therefore adopted by Bruce Power from time to time. The Customer shall be entitled to make non - complying discharges in the amount and only to the extent set out in Bruce Power's approval during the planning, design, and construction or installation of facilities or works needed to implement the approved compliance program. 3.4) Every proposed compliance program shall be for a specified length of time during which treatment facilities are to be installed, and shall be specific as to the remedial action to be implemented by the industry, the dates of commencement and completion of the activity, and the materials or other characteristics of the matter to which it relates. The final activity completion date shall not be later than the final compliance date in the compliance program. 3.5) When a compliance program has been issued to a Customer they shall submit a compliance program progress report to Bruce Power within 14 days after the scheduled completion date of each activity listed in the compliance program. 3.6) Bruce Power may terminate any proposed compliance program by written notification at any time to the Customer in the event that the industry fails or neglects to carry out or diligently pursue the activities required of it under its approved compliance program. 3.7) Bruce Power is authorized to execute agreements with Customers with respect to approved compliance programs which agreements may, in accordance with guidelines adopted by Bruce Power from time to time, include a provision for a reduction in the payment otherwise required from the Customer to Bruce Power pursuant to an Industrial Waste 47. Surcharge Agreement. The reduction in payment to Bruce Power may be in such an amount and for such duration as the agreement may specify. 3.8) Bruce Power may terminate any approved compliance program agreement entered into pursuant to section 5(5) by written notice at any time to the Customer in the event that the Customer fails or neglects to carry out or diligently pursue the activities required of it under its approved compliance program, and in the event of such termination, the Customer shall pay to Bruce Power the full difference in amount between what it was required to pay to Bruce Power pursuant to the Industrial Waste Surcharge Agreement, and the amount actually paid to Bruce Power as a result of having entered into an agreement with respect to the approved compliance program. 4- Sampling and Analytical Requirements 4.1) The sampling and analysis required by this Agreement shall be carried out in accordance with the procedures, modified or unmodified, as described in Standard Methods or the "Guidance Document for the Sampling and Analysis of Wastewater for the 1999 Model Sewer Use By- law ", or analytical methods adopted by Bruce Power. 4.2) Compliance or non - compliance with this Agreement may be determined by the analysis of a grab sample or a composite sample done in accordance with subsection 6(1), may contain additives for its preservation and may be collected manually or by using automatic sampling device. 4.3) Where there is no maintenance access hole, Bruce Power may by written notice to the Customer, make use of an alternate device or facility for the purpose of sampling a discharge to the sewage works 4.4) If the Customer is given written approval from Bruce Power to perform discharger self monitoring the following will apply: 4.4.1) The Customer shall complete, any monitoring or sampling of any discharge to a sewage works, as required by Bruce Power, and provide the results to Bruce Power in accordance with written notification from Bruce Power; and 4.4.2) The obligations set out in or arising out of 6(3) shall be completed at the expense of the Customer unless Bruce Power has agreed in writing to share the expense with the Customer. 4.5) Bruce Power is authorized to execute agreements the Customer with respect to approved compliance programs or Industrial Waste Surcharge Agreement which agreements may, in accordance with guidelines adopted by Bruce Power from time to time, include a provision for routine sampling and reporting on chemical parameters listed in the agreement. 48 4.6)The obligations set out in or arising out of 5(7) shall be completed at the expense of the Customer unless Bruce Power has agreed in writing to share the expense with the Customer. 5 - ENFORCEMENT 5.1 Penalty - for contravention Any person other than a corporation who contravenes any section of this agreement may be liable for a penalty of no more than $10,000.00 for a first offence and not more than $25,000.00 for any subsequent offence under this Agreement. 5.2 Fine - for contravention - corporation Notwithstanding any other provision of this Agreement, a Customer in contravention of this Agreement is liable for a penalty of not more than $50,000.00 for a first offence and not more than $100,000.00 for any subsequent offences. 49 SCHEDULE B CONTRACTED QUANTITIES Maximum Sewer Flow Daily: 200m Hydraulic Loading 300 mg /1 Concentration Up to a Max BOD Loading of 280 Kg/week Up to a Max BOD Loading of 1240 Kg /Month Maximum Average Sewer Loading On average, "biochemical oxygen demand" and "suspended solids" no higher than 300 milligrams per litre. Note: 1. Additional quantities, at Bruce Power's discretion, may be supplied to Customer if available. 2. The maximum sewage loading for the average quality is less than the maximum allowable limit under Article B3. 3. For the purpose of the determining the average sewage loading (strength), the arithmetic mean will be calculated of at least 2 samples taken during the same calendar month. CABL may request additional samples to be taken at its expense that may be included in the arithmetic mean to determine average sewage loading. 4. For the purpose of determining the Basic Sewer Service quantity a calculation from the Industrial Water total quantity may be used. Ea Schedule C SEWER SERVICE RATES C1.1 The current rates for the supply of Sewer Service shall be as set forth. The rate for sewage treatment service for the year 2010 and 2011 shall be: BASIC Sewer Service 2010 and 2011: $1.523 per m In December of each of 2011 and 2012 the rates will be adjusted (with adjusted rates commencing as of January of the following year), in accordance with annual increases or decreases in the Statistics Canada Consumer Price Index (Ontario All Items)with October 2010 as the base. Customer's sewer above contracted maximum flow or average loading (a) i) If the weekly or monthly average "Biochemical Oxygen Demand" Loadings is higher than those set in Schedule B and /or "suspended solids" is higher than 300 milligrams per litre, there will be additional charge(s) equal to an increasing multiple of the Basic Sewer Service rate as follows: BOD or Suspended Solids Range Surcharge Factor 301 - 350 =X25% 351- 400 =X50% 401 - 500 = X 200% 501 - 600 = X 250% Customer shall not exceed the above limits at any time ii) If the Hydraulic Loading daily average for the billing period is higher than the limit set out in Schedule B, the charge(s) for Basic Sewer Service shall be proportionately increased to reflect such higher than average Hydraulic Loading amounts (for example, if the Hydraulic Loading daily average for the billing period is 10% higher than the limit set out in Schedule B, the charge(s) for Basic Sewer Service shall increase by 10% for that billing period). (b) All above charges would be additive. (c) Collection of additional charges would not preclude Bruce Power from exercising its rights to interrupt Service and this right may be exercised if Customer's effluent exceeds either the Quality Requirements per Schedule A2 or the Contracted Quantities per Schedule B. Above average quantities could only b4 be tolerated for limited durations, if at all, as determined by Bruce Power or its agents. (d) Ninety (90) days before the end of the Term, Bruce Power will provide BEC DBL with Basic Sewer Service Rates for the Renewal Term (if any). If Bruce Power fails to do so, the Basic Sewer Service Rates applicable to the Term will apply to the Renewal Term (if any). (e) Without prejudice to any of Bruce Power's other rights, if any of the limitations outlined in Schedule A.2 are exceeded, the Basic Sewer Service rates charged to Customer will be increased in proportion to the amount of excess until contractual compliance is obtained or resumed. For example, exceeding limit(s) by ten percent will result in a ten percent increase in the rate for BASIC Sewer Service. (f) In addition to the forgoing Industrial Waste Surcharge Agreements may be granted at the sole discretion of Bruce Power on a case by case basis; and 1) Bruce Power may consider an agreement with respect to the discharge of the following treatable parameters in sewage: 1.1) BOD 1.2) Total phosphorus 1.3) Total suspended solids 1.4) Total Kjeldahl Nitrogen 2) At Bruce Power's discretion an agreement may be for a limited period of time or one -time discharge; 3) Bruce Power will require laboratory analysis of subject waste to be received by Bruce Power before any such agreement can be entered into; 4) Agreements entered into by Bruce Power may be terminated by Bruce Power by written notice at any time where there is an emergency situation of immediate threat or danger to any person, property, plant or animal life, water or sewage works; or 4.1) If subject waste exceeds initial parameter limits set out in the original Industrial Waste Surcharge Agreement on subsequent sampling and lab analysis; or 4.2) At the discretion of Bruce Power for any reason 62 SCHEDULE D INDUSTRIAL WATER SERVICE Contracted Quantities Water Supply Daily: Up to 400 m /day *1 Emergency Water Supply Fire Protection: Up to 7000 1 /min for 2 hours "2 Note: *1 Additional quantities may be supplied to Customer if available as describe in Article 3. "2 The fire protection supply is the total amount available to all BEC customers and is not offered exclusively to any one customer. In the event Bruce Power interrupts the supply of Water as provided for in Article 6.0 of the Agreement or reduces the volume of Water supplied, Bruce Power will endeavor to supply Emergency Water as required. 63 SCHEDULE E WATER RATES E.1 The rates for Water and Emergency Water for the year 2010 and 2011 shall be those set forth below. Water 2010 and 2011 $0.2463 per m 3 Emergency Water Meter Service 2010 and 2011 $351.94 /month In December of each of 2011 and 2012 the rates will be adjusted (with adjusted rates commencing as of January of the following year), in accordance with annual increases or decreases in the Statistics Canada Consumer Price Index (Ontario All Items)with October 2010 as the base. 64 SCHEDULE F Technical Conditions of Industrial Water and Sewer Service F1 Terminal Point and Scope of Supply The Terminal point will be at the Terminal Isolation Valves at a location determined by Bruce Power (normally Customer Lot line). Customer must supply all materials on Customer's side of the Terminal point. F.2 Design Criteria Customer's Sewer Equipment shall be designed to ensure that effluent discharged to the sewer is within the quality and quantity limits specified in this Agreement. Customer's Water Equipment shall be designed to be capable of withstanding water pressures of up to 690 Kpa (100 pounds per square inch gauge). Watermains shall conform to AWWA standards as applicable. Customer's processes must be designed to accept occasional interruptions. F.3 Terminal Isolation Valves The Terminal Isolation Valves will normally be as close as possible to Customer's lot line. If Terminal Isolation Valves are located inside Customer's property, Customer shall provided Bruce Power with an easement or easements to allow Bruce Power access to maintain Bruce Power Equipment and the Meters (subject to subsection 7.1 (c) herein). . b5 Schedule "G" WASTE AUDIT SURVEY FORM The completed Waste Audit Survey is to be forwarded to: Bruce Power Attention: Bill Jackson, Operations Manager — Property Management PO Box 1540 B10 02W Tiverton, ON NOG 2T0 Please type or print clearly when completing this form. 1 Name of Company 2 Address of Company 3 Owner of Property (if different from Company listed above) Phone: Fax: 4 General Site Operation Information Number of Employees involved in: Plant: Office: Other: Total: Number of shifts per day: Number of operating days per week: 5 Brief Description of Product / Service / Company Activity Include North American Industry Classification System (NAICS) number. If you do not know this already, you can search the Government Website below to get your appropriate code. http : / /www.statcan.ca/english/Subj ects /Standard /naics /2002 /naics02- index.htm 6 Brief Description of the Processes at the premises which use or produce subject pollutants. Include characteristics such as Batch (how many per time period), Continuous, or Both (explanation to be provided), Seasonal Production Cycles, Specific Clean -up Periods and Clean -up Activities 7 Average Daily Water Use and Sources Industrial Water Supply Yes / No m3 /day Estimated or Measured Surface Water* * Yes / No m3 /day Estimated or Measured Groundwater* Yes / No m3 /Day Estimated or Measured Other Sources ** Yes / No m3 /day Estimated or Measured If flow rate varies significantly provide peak flow rates per day and month and explanation. * Provide copy of the Permit to Take Water (as required by the OWRA). * * If `Yes' — provide explanation as an attachment bT 8 `Are there' or Will there be' any of the following wastewater discharges from the description as provided? If yes for any, please provide a brief description and volume. Process Wastewater Yes / No m3 /day Cooling Water Yes / No m3 /day Other Sources of Wastewater (other than sanitary) Yes / No m3 /day 9 Known characteristics of Discharges Provide existing data on quality of the discharges listed above Parameter or By -law Average Significant Additional Condition* Limit Concentration Variation Information (mg /L) or Range (Yes or No) and Attached (in mg /L) Reason for the (Yes or No) Variations pH level* 6.0 to 10.5 Two or more One layers* Temperature* 600C B.O.D. 300 PCB's 0.0001 Total Suspended 350 Solids Total Phosphorus 10 Total Kjeldahl 100 Nitrogen Solvent 15 Extractables — Oil & Grease (Mineral) Solvent 150 Extractables — Oil & Grease (Vegetable /Animal) Total Cyanide 2 b8 Total Aluminium 50 Total Antimony 5 Total Arsenic 1 Cadmium 2 (hexavalent) Total Cadmium 0.7 Total Chromium 2 Total Cobalt 5 Total Copper 2 Total Lead 1 Total Manganese 5 Total Mercury 0.01 Total Molybdenum 5 Total Nickel 2 Total Selenium 1 Total Silver 5 Total Tin 5 Total Titanium 5 Total Zinc 2 Phenolics (4AAP) 1.0 Chloroform 0.04 1,4 — 0.47 Dichloromethane Methyl Chloride 0.2 Methylene choride 0.21 1,1,2,2- 1.4 Tetrachlorethane 69 Tetrachloroethylene 0.05 Trichloroethylene 0.07 Benzene 0.1 Ethylbenzene 0.16 1,2- 0.05 dichlorobenzene 1,4- 0.08 dichlorobenzene Fluoride 10 Toluene 0.016 o- Xylene 0.52 10 Locations of Subject Pollutants, present at premises at any stage of the operations of the premises, including storage inside, outside, above ground and below ground Location of Process Units Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Raw Materials Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Intermediate Products Inside / Outside / Outside but covered Above Ground / Below Ground Storage of Final Products Inside / Outside / Outside but covered Above Ground / Below Ground 11 Complete List of All Subject Type and/or description of storage Pollutants Used or Produced on container(s) each subject pollutant is Premises. Please use map or physical contained in. (Attach additional sheet(s) layout to indicate locations of of paper if necessary). Subject Pollutants. 64 12 Physical Layout • Provide sketch of property (to scale or approximate) showing buildings, pre- treatment works, property boundaries, effluent lines, and connections to sanitary, combined and storm sewers. • Please identify sewers as listed on the Parameter Information Form as completed above. • Layout may be attached as separate document — leave note to indicate submission with this form. • A flow diagram of the site flows /processes is also required 61- 13 List Subject Discharged Discharged Not Discharged to Pollutants and Directly Indirectly Sewer Quantity /Concentration To Sewer To Sewer (Use additional sheet(s) of paper if necessary) 14 Pre - treatment of Discharge Prior to Discharge Does the site have any pre- treatment systems for process effluents prior to discharge to the sewer system? Yes / No If Yes — provide a description of the pre- treatment devices, contaminants removed, operational procedures for the device and description of process utilized in the device. 62 15 Does the site have any of the following programs in place to address discharges to the sewer system? Pollution Prevention Yes / No Describe Waste Treatment Yes / No Best Management Plan Yes / No Environmental Management System Yes / No Other Program / Practises Yes / No 16 Do you have a Certificate of Approval or Provisional Certificate of Approval? If yes, please attach a copy with this form. 17 Regulation 347 Information Provide any Generator Registration Numbers that the site holds under the requirements of Ontario Regulation 347 under the EPA Date Form Completed: Name and Title of Company Representative: Signature of Authorized Company Representative: 63 BRUCE ENERGY CENTRE WATER TOWER AND SUPPLY PUMPS JOINT OPERATING SERVICE LEVEL AGREEMENT (SLA) Prepared by: Gary Lee Section Manager, Site Services Operations Bruce Power Reviewed by: Bill Ja on Section Manager, Site Services Bruce Powe Accepted by: : AA Ian Kennedy VP, Site Services Division Bruce Power Accepted by: Chief Administrative Officer Municipality of Kincardine TABLE OF CONTENTS Page 0.0 GENERAL 1 0.1 Parties to the agreement 1 0.2 Commencement Date 1 0.3 Duration of Agreement 1 0.4 Funding of Services Provided 1 0.5 Definitions 1 1.0 STANDARD SERVICES TO BE PROVIDED 2 1.1 Equipment Responsibilities 2 1.2 Response to Alarms 2 1.3 Worker Protection 2 1.4 Documentation Turnover 3 1.5 Communication of Significant Changes 3 1.6 Customer Responsibilities 4 1.7 Service Availability 4 1.8 Places of Service Delivery 4 1.9 Standards of Service Delivery (Quality /Quantity/Timeliness) 5 1.10 Changes to Service Requirements 5 1.11 Customer Initiated Delays 5 2.0 PERFORMANCE, TRACKING, AND REPORTING 5 2.1 Service Delivery Monitoring & Audit Process 5 2.2 Cost Control, Benchmarks, Targets, Metrics and Frequencies 5 2.3 Service Review Meetings 5 3.0 ISSUES MANAGEMENT PROCESS 5 3.1 Issues Identification & Definition 5 3.2 Issues Escalation Process 6 3.3 Communication of Issues Resolution 6 3.4 Change Orders to SLA 6 4.0 REFERNCES 6 4.1 References 6 0.0 GENERAL This SLA describes the services that are required to be provided between Bruce Power Site Services Operations Department and Municipality of Kincardine (MoK) in the operating and maintaining of the BEC (Bruce Energy Centre) water tower and associated pumps. Filling of the water tower and monitoring of level is performed by Bruce Power. Distribution of the water is performed by Municipality of Kincardine. This SLA is designed to clarify the roles and responsibilities for Bruce Power Operations and Municipality of Kincardine related to this system. 0.1 Parties to the agreement The agreement is between Bruce Power Site Services Division, specifically Site Services Operations Department and the Municipality of Kincardine. 0.2 Commencement Date The SLA will commence on the date of turnover of facilities to the Municipality of Kincardine. 0.3 Duration of Agreement The SLA will remain in place until the service is terminated as per the "Sewage Treatment Plant and Water Tower Assets and Related Easements Transfer Agreement ". 0.4 Funding of Services Provided Funding of the operations effort is to be covered by the already assigned O &M funding for Site Services Operations Department. 0.5 Definitions MoK - Municipality of Kincardine O &M — Operations & Maintenance SLA — This service level agreement SPOC — Single point of contact SSOD - Site Services Operations Department 1 1.0 STANDARD SERVICES TO BE PROVIDED 1.1 Equipment Responsibilities The BEC water tower and auxiliaries within and distribution main system outside the Bruce Power property line are under the ownership and control of Municipality of Kincardine. The BEC water pump house and auxiliaries within and distribution main system inside the Bruce Power property line are under the ownership and control of Bruce Power. 1.2 Response to Alarms Scenario 1 - In the case of alarms received by SSOD BP will respond to alarms and rectify if within their limits to do so. Otherwise, SSOD will notify Municipality of Kincardine SPOC within 30 minutes of receiving the alarm of what action is being taken. Municipality of Kincardine SPOC will acknowledge within 45 minutes from time call received from SSOD. MoK will notify SSOD once issue has been resolved. SSOD will record issues found and actions taken within their SSOD Facilities Logbook along with time / date and person(s) contacted when they are made aware. Scenario 2 - In the case of alarms received by MoK MoK will respond to alarms and rectify if within their limits to do so. Otherwise, MoK SPOC will notify SSOD SPOC within 30 minutes of receiving the alarm of what action is being taken. SSOD SPOC will dispatch an operations person as appropriate within 30 minutes from time call received from MoK. SSOD will record issues found and actions taken within their BP Facility Logbook along with time / date and person(s) contacted when they are made aware. 1.3 Worker Protection Municipality of Kincardine will apply for an External Condition Guarantee as per Bruce Power's work protection procedures when de- energization of the of the supply line to the water tower is required from within Bruce Power's property. 2 1.4 Documentation Turnover Bruce Power will turnover any associated documents / manuals / flowsheets for systems outside Bruce Power's boundaries. 1.5 Communication of Significant Changes Municipality of Kincardine will notify Bruce Power of any significant changes that can cause an alarm to the system or changes to the monitoring system (eg. Flushing of fire hydrants, calibration of level indication, higher than normal use by BEC customers, bypassing of water to the tower, etc.). Bruce Power will notify Municipality of Kincardine of any changes to the water tower delivery system that could cause changes to the water levels. SPOC: Municipality of Kincardine A/ Emergency Contact 1/ After hours contact number 519 - 396 -1511 2/ Day time contact numbers Water Services Plant Cell Fax ORO 396 -4660 389 -7357 396 -4673 On -call Operator 389 -7355 Public Works Manager 396 -3468 396 -1430 B/ Planning Contacts 1/ Chief Administrative Officer 519- 396 -3018 Office 2/ Manager of Public Works 519- 396 -3468 Office 3/ ORO 519- 396 -4660 Plant 3 SPOC: Bruce Power A/Emergency Contact Daytime and after hours contact Boilers & Systems Supervisor (B &SS) @ 519 -361- 4551 B /Planning Contact Day B &SS @ 519- 361 -2673 ext #16678 Facilities First Line Manager, @ 519- 361 -2673 ext #16839 or 23453 Ops Section Manager, @ 519- 361 -5558 1.6 Customer Responsibilities The primary customer for services defined by this SLA is the Municipality of Kincardine with Bruce Power Site Service Operations Department coordinating the service delivery. The Municipality of Kincardine is responsible to ensure that Bruce Power has continuous access to Municipality of Kincardine emergency phone numbers. The Municipality of Kincardine will ensure that 3 weeks' notice is given to Bruce Power for planned work activities requiring de- energization & lockout of equipment owned by Bruce Power to provide Kincardine a safe work area. The Municipality of Kincardine will establish a Single Point of Contact (SPOC) to act as the interface between Municipali ty of Kincardine and Bruce Power. Bruce Power will ensure that 3 weeks' notice is given to the Municipality of Kincardine for planned work activities requiring de- energization & lockout of equipment owned by Kincardine to provide Bruce Power a safe work area. Bruce Power will establish a Single Point of Contact (SPOC) to act as the interface between Municipality of Kincardine and Bruce Power for operational issues. 1.7 Service Availability Monitoring of water tower tank levels / alarms and response to alarms is to be available continuously 24/7. 1.8 Places of Service Delivery The service will be on the Bruce site. 4 1.9 Standards of Service Delivery (Quality /Quantity/Timeliness) Operation on site is to be conducted to normal Bruce Power standards. Service is to support the Municipality of Kincardine. 1.10 Changes to Service Requirements Changes to service requirements must be agreed by the signatories (delegates) to this SLA. 1.11 Customer Initiated Delays The impact of customer delays will be managed so as to protect work program deliverables through management processes. 2.0 PERFORMANCE, TRACKING, AND REPORTING 2.1 Service Delivery Monitoring & Audit Process Service delivery will be monitored through a combination of self- assessment and audit, coordinated where required by the Municipality of Kincardine. 2.2 Cost Control, Benchmarks, Targets, Metrics and Frequencies Costs for any work will be reported through the normal Bruce Power reporting system. 2.3 Service Review Meetings This SLA and issues related to the service provision will be reviewed at a regular meeting arranged Quarterly by the Bruce Power and Municipality of Kincardine. 3.0 ISSUES MANAGEMENT PROCESS 3.1 Issues Identification & Definition Issues, risks and opportunities related to services will be input into the respective companies issue tracking systems and communicated to the SPOC of the other company. The SPOCs will disposition the issues using Commercially Reasonable Efforts. by the respective SPOCs. . 5 3.2 Issues Escalation Process Issues that cannot be resolved expeditiously at the working level will be raised to the Operations Manager — Property at Bruce Power and CAO for MoK for resolution. 3.3 Communication of Issues Resolution The final outcome of the issue resolution will be communicated to the initial issue identifier and stakeholders as needed. 3.4 Change Orders to SLA Changes to this SLA will be made per agreed change management processes and agreed to by the signatories (delegates) to the SLA. 4.0 REFERNCES 4.1 References Contract between Bruce Power and Municipality of Kincardine. 6 POST CLOSING AGREEMENT THIS AGREEMENT for reference purposes is dated as of the 21st day of March, 2012. BETWEEN: BRUCE POWER L.P., a limited partnership formed under the laws of Ontario ( "Bruce Power ") - and - THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE a municipal corporation pursuant to the laws of Ontario ( "Municipality ") WHEREAS: Bruce Power and Municipality entered into an agreement dated as of March 21, 2012 that provides for the transfer to Municipality of the Transferred Assets (the "Transfer Agreement "). In consideration of and notwithstanding the closing of the Transaction the parties hereto agree as follows: 1. To complete or undertake, as appropriate and as specified, the matters listed and assigned to each of them on Schedule "A" attached to and forming part of this Agreement (collectively, "Post Closing Matters "). 2. In this Agreement capitalized terms not otherwise defined in this Agreement shall have the meaning given them in the Transfer Agreement and or the Water and Sewage Service Agreement as the case may be. 3. The obligations of the parties pursuant to this Agreement shall take effect from and after Closing and only if the Transaction closes. 4. This Agreement shall enure to the benefit of, and be binding upon, Municipality and Bruce Power and their respective successors and permitted assigns. [Balance of this page intentionally left blank] T951056\TOR_LAW\ 7811379 \5 -2- 5. This Agreement may be executed and delivered by the parties in one or more counterparts, each of which will be an original, and each of which may be delivered by facsimile, e-mail or other functionally equivalent electronic means of transmission and all of such counterparts, when taken together, shall constitute one and the same agreement. IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective duly authorized officers as of the date first written above. BRUCE POWER L.P., by its general THE CORPORATION OF THE partner BRUCE POWER I MUNIC ALITY 7 NCARDINE By: � By: Duncan Hawthorne Larry Kraemer Chief Exelutive Of cer Mayor By: 1C4ii-t w.tl By: Brian G. Armstrong Q.C. Murray Clarke Executive Vice President and General Chief Administrative Officer Counsel BRUCE POWER LAW DIVISION Approved Li Date / .I f. T951056 \TOR_LAW\ 7811379 \5 - SCHEDULE "A" POST CLOSING MATTERS 1. Sewage Treatment Plant Amendment of Certificate of Approval (a) Bruce Power will use Commercially Reasonable Efforts to support the Municipality to amend the Certificate of Approval ( "C of A ") issued for the Sewage Treatment Plant so that the term "the Owner" used Paragraphs (1), (2), (3) and (7) of Part II, Section 10.1 of the C of A amendment is replaced with the words "Bruce Power ". (b) From the Closing Date to the date the amended C of A referred to in section 1.1(a) of this Schedule is issued, the parties agree that the term "the Owner" used in Paragraphs (1), (2), (3) and (7) of Part II, Section 10.1 of current the C of A shall be read as "Bruce Power" it being the intention of the parties that Bruce Power shall remain responsible for the obligations of the owner provided in Paragraphs (1), (2), (3) and (7) of Part II, Section 10.1 of current the C of A. 2. Hydro Meter Accounts Bruce Power will arrange to have the following hydro meter accounts transferred to Municipality. Account Number Description Location 03200 -64006 Greenfield Sewage Meter Farrell Drive 99 28220 -12093 BEC Sewage Plant 1842 Concession 2 53200 -86007 Water Tower Sign Lighting 4th Concession lot D 59400 -85008 Water Tower 4th Concession lot D 71990 -07592 BEC Street Lighting 4th Concession lot PTC 78390 -52002 BEC Street Lighting 4th Concession lot B 3. Purchasing and Procurement By -law T951056 \T0R LAW\ 7811379 \5 { - 4 - 3.1 Municipality will change its Purchasing and Procurement By -law to note obligations to LIUNA and UA pursuant to the agreements with LIUNA and UA that are attached to the Transfer Agreement. 3.2 In connection with the Municipality changing its Purchasing and Procurement By- law to note obligations to LIUNA and UA pursuant to the agreements with LIUNA and UA that are attached to the Transfer Agreement, Bruce Power will support Municipality with the wording of the documentation. 4. Bruce Energy Centre Customers Billing Information To the extent not done prior to Closing, Bruce Power will turn over to Municipality billing information for Bruce Energy Centre customers. 5. Terminal Valve and Metering Installation Reimbursement Bruce Power shall reimburse Municipality re the terminal valve and metering installation in accordance with section 7.1 of the Water and Sewage Service Agreement made between the parties to this Agreement as of the Date of this Agreement. 6. General Each party will: 6.1 diligently pursue the completion of the Post Closing Matters for which it is responsible and shall keep the other party reasonably apprised of its progress in that regard; and 6.2 co- operate with the other to the extent reasonably necessary for the other party to complete its Post Closing Matters. T951056 \TOR_LA W\ 7811379 \5