Transmission Service Reassignment Agreement

This Transmission Service Reassignment Agreement (this “Agreement”), dated _________, between _______ (or “Reseller”) and ________ (or “Assignee”), regarding the assignment of transmission service in accordance with the terms and conditions set forth herein.   Reseller and Assignee hereinafter maybe individually referred to as the “Party” or collectively as the “Parties”.

	WHEREAS, Reseller has reserved certain rights to transmission service on the transmission system of  _____________________(“Transmission Provider”) pursuant to the following OASIS numbers ______________, and now desires to assign such rights; and

	WHEREAS, Assignee has entered into a service agreement for the resale, reassignment or transfer of Firm Point-To-Point Transmission Service (“Service Agreement”), and desires to accept assignment of such rights.

	NOW THEREFORE, in consideration of the foregoing and the mutual promises set forth herein, the Parties agree as follows:

1. Assignment. 

Unless otherwise agreed to by the Parties, Reseller assigns, transfers and conveys Reseller’s rights to the transmission service, as indicated herein, to Assignee effective as of the date of the Service Agreement.  

Reseller and Assignee agree to cooperate to complete the assignment and substitute Assignee as the transmission customer in accordance with the procedures required by Transmission Provider. Assignee accepts the assignment and agrees to pay the Price noted below, and agrees that such Price will be specified in the Service Agreement and paid to Transmission Provider, in accordance with the requirements of the Service Agreement.  Reseller acknowledges and understands that Transmission Provider will credit or charge Reseller, as appropriate, for any difference between the Price noted below and the price reflected in the Reseller service agreement with Transmission Provider with respect to the transmission service assigned hereunder.  

This Agreement is intended to be in compliance with and subject to all the terms and conditions of Transmission Provider’s Open Access Transmission Tariff (“Tariff”) on file with the Federal Energy Regulatory Commission. 

2.  Terms of Assignment. 

Reseller:	

Assignee:	

Term of Transaction:

Start Date:

Termination Date:

Point of Receipt:

Point of Delivery:

Quantity of Reassigned Capacity:

Price:  	_______________

3. Conditions of Assignment. 

4. Representations and Warranties.

(i)	Reseller represents and warrants that it has all the necessary power and authority to assign the rights hereunder.

(ii)	Reseller and Assignee each represents and warrants that it has the requisite power and authority to execute this Agreement and that this Agreement is a valid and binding obligation, enforceable against it in accordance with its terms, subject to bankruptcy and general equitable principles. 

(iii)	Assignee represents and warrants that it will comply with all provisions of the Service Agreement and the Transmission Providers Tariff with respect to the rights assigned hereunder.

Terms used but not defined herein shall have the meanings ascribed to them in the Tariff. In the case of a conflict or inconsistency between the terms of this Agreement and the terms of the Tariff, the terms of the Tariff will govern.

In witness whereof, the Parties have executed this Agreement with effect from the date above written	

Reseller:						Assignee:

____________________________			_____________________________
____________________________			_____________________________
____________________________			_____________________________

Exhibit A

(screen print of OASIS reservation for the relevant service)

Exhibit B

(specification sheet (p. 3-4) of the Service Agreement for Resale)