transmission service agreement by and between northern pass transmission llc, as owner and h. q. hydro renewable energy, inc., as purchaser dated : october 4, 2010 1014917. 31 - d. c. server 1a - msw execution copy table of contents page article 1 definitions and rules of interpretation 2 section 1. 1. definitions 2 section 1. 2. interpretation 23 article 2 regulatory filings and required approvals 24 section 2. 1. ferc filing 24 section 2. 2. modifications to ferc order 24 section 2. 3. cooperation 25 section 2. 4. no inconsistent action 26 article 3 effective date ; term 26 section 3. 1. effective date 26 section 3. 2. term 26 section 3. 3. termination rights 26 section 3. 4. termination payments 32 section 3. 5. allocation of property rights and interests following termination 34 section 3. 6. effect of termination 35 article 4 commercial operation 35 section 4. 1. commercial operation date 35 section 4. 2. conditions precedent to commercial operation 36 section 4. 3. delay in commercial operation 37 article 5 general rights and responsibilities of the parties 39 section 5. 1. responsibilities of the parties section 5. 2. budgets and reports 41 section 5. 3. insurance and events of loss 43 section 5. 4. compliance with laws 43 section 5. 5. third party contracts 43 section 5. 6. equity commitment 44 section 5. 7. owner's obligation to cure ; purchaser's losses 44 section 5. 8. continuity of rights and responsibilities 44 article 6 procedures for operation and maintenance of the northern pass transmission line 44 section 6. 1. transmission operating agreement ; iso - ne operational control 44 section 6. 2. good utility practice ; regulatory and reliability requirements 45 section 6. 3. annual plan and operating budget and multiy ear outlook 45 section 6. 4. estimated wind - down costs 47 section 6. 5. scheduled maintenance 47 section 6. 6. extraordinary capital expenditures 47 section 6. 7. record of management committee decisions 48 i 1014917. 31 - d. c. server 1a - msw execution copy article 7 purchaser's transmission rights over the northern pass transmission line 48 section 7. 1. transmission service 48 section 7. 2. damages under third party contracts 49 sec tion 7. 3. excused outages or reductions 50 section 7. 4. non - excused outages or reductions 51 section 7. 5. metering 52 article