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EXHIBITF <br />PERFORMANCE PROVISIONS <br />Until a project reaches its Ultimate Yield in any one Fiscal Year, the following <br />performance provisions apply: <br />Metropolitan will terminate this Agreement if construction has not commenced by <br />June 30, 2001, As opposed to Provision lb below, there is no established appeal <br />process for this outcome. <br />b. Metropolitan will terminate this Agreement if Allowable Yield is not delivered by <br />June 30, 2005. The Project sponsor(s) may appeal this decision to Metropolitan's <br />Board of Directors. <br />If the Allowable Yield during the 2003-04 through 2006-07 Fiscal Years after <br />agreement execution does not reach the target yield of 37% of the Ultimate Yield, <br />then Metropolitan will reduce the Ultimate Yield by one-half the 37% target <br />shortfall using the highest Allowable Yield produced in that period. For example, <br />the Ultimate Yield of a project with the following performance will be revised <br />from 2,000 to 1,950 AFY for Scenario I while there would be no adjustment <br />under Scenario I <br />Project Ultimate Yield = 2,000 AFY <br />37% of the Ultimate Yield = 0.37 x 2,000 = 740AFY <br />Scenario 1: Shortfall = 740 - 640 = 100 AFY <br />Revised Ultimate Yield = 2,000 - (0.5 x 100) = 1,950 AFY <br />Scenario 2: Since, the Allowable Yield in the 2006-07 is greater than 740, no <br />adjustment is required. <br />d. f f the Allowable Yield during Fiscal Years 2007-08 through 2010 -11 does not <br />reach the target yield of 63% of the Ultimate Yield, then Metropolitan will reduce <br />the Ultimate Yield (or the Revised Ultimate Yield) by one-half the target shortfall <br />using the highest Allowable Yield produced in that period. For Example, the <br />Ultimate Yield of the project in above example with the following performance <br />Agreement 22156 -23- <br />Scenario I <br />Scenario 2 <br />Fiscal Year after <br />agreement execution <br />Allowable <br />Yield (AFY) <br />Allowable <br />Yield (AFY) <br />2003-04 <br />400 <br />400 <br />2004-05 <br />640 <br />650 <br />2005-06 <br />450 <br />750 <br />2006-07 <br />500 <br />500 <br />37% of the Ultimate Yield = 0.37 x 2,000 = 740AFY <br />Scenario 1: Shortfall = 740 - 640 = 100 AFY <br />Revised Ultimate Yield = 2,000 - (0.5 x 100) = 1,950 AFY <br />Scenario 2: Since, the Allowable Yield in the 2006-07 is greater than 740, no <br />adjustment is required. <br />d. f f the Allowable Yield during Fiscal Years 2007-08 through 2010 -11 does not <br />reach the target yield of 63% of the Ultimate Yield, then Metropolitan will reduce <br />the Ultimate Yield (or the Revised Ultimate Yield) by one-half the target shortfall <br />using the highest Allowable Yield produced in that period. For Example, the <br />Ultimate Yield of the project in above example with the following performance <br />Agreement 22156 -23- <br />