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CLEAR BLUE 0 <br />ENERGY CORP <br />APPENDIX C- BONDING CAPACITY <br />At Clear Blue Energy we have worked diligently to build a foundation of financial strength. Due to our explosive growth and <br />success in recent years, our single project bonding capacity currently stands at $15,000,000 with an aggregate capacity of <br />$40,000,000. <br />Below is a letter from our bonding agency reflecting this fact: <br />Simplebond Insurance Services LLC <br />1137 Savoy St <br />San Diego, CA 92107 <br />(619) 923-2470 Fax <br />(800) 753-5549 <br />07018 <br />Clear Blue Energy Corp <br />1710 Via Del Campo, Suite 203 <br />San Diego, CA 92127 <br />Dear Mr. Santina <br />Based upon your excellent performance history, strong financial position and access to <br />credit your bond capacity is cun•ently at a forty million dollar aggregate limit <br />(S40,000,000.00) and your single contract limit is at fifteen million dollars (S 15,000,000). <br />Issuance of future performance/payment bonds are subject to maintenance of your <br />company's current positive growth, credit worthiness and performance record. Contract <br />language is subject to underwriter review prior to bond issuance <br />Thank you for using 5implebond Insurance Services. Peel free to call or e-mail us with any <br />questions. <br />Ay <br />ou, <br />PUSOLnl�- <br />27 <br />