Opening of Proposals - City of SB Natural Gas Supply - Constellation

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TERMS AND CONDITIONS Price: 100% of the settlement price of the New York Mercantile Exchange (NYMEX) Natural Gas Futures — Henry Hub Contract for the last trading day of each month plus $ per therm. In addition to this price, I will also be charged a per therm Interstate Transportation/Storage Charge that will be determined by Constellation and may vary throughout the term of this Contract. Length of this Contract and end date: The Primary Term of this Contract shall begin on the date set by NIPSCO after my enrollment during the month of <<Month YYYY>> and shall continue for monthly billing cycles. If for some reason we are unable to begin serving during the month specified, the Primary Term will start on the date set by NIPSCO after my enrollment and shall continue for monthly billing cycles. Process customer may use Contact Constellation at (855) 465-1244 or written request. to rescind this Contract without penalty: Amount of Early Termination Fee If this Contract is terminated after the 51h business day from the date and method of calculation: customer signed or received this Contract, the early termination fee will be the greater of $150 or the amount of gas customer failed to consume during the remainder of its fixed term, calculated on the basis of prior usage, multiplied by the excess, if any, of the fixed price customer agreed to pay over the price Constellation can sell such gas at the time of the termination. Amount of Late Payment Fee and method of calculation: Late payment fee for any past due amount equal to 10% of the first $3 of any unpaid balance outstanding at the next billing date, plus 3% of any unpaid balance in excess of $3 outstanding at the next billing date. Provisions for renewal of this Contract: Automatic renewal following notice to customer. Conditions under which savings to the customer are Not Applicable guaranteed: 1. I want Constellation NewEnergy - Gas Division, LLC ("Constellation") to supply all the natural gas I need to heat my business and for other related uses, I am eighteen (18) years of age or older, and I am fully authorized to enter into this Contract (as hereinafter defined). I represent and warrant that the natural gas purchased under this Contract will not be used for personal, family or household use. The Commercial Customer Acknowledgement Form, Commercial Natural Gas Supplier Enrollment Form, any welcome letter and these Terms and Conditions are my complete agreement with Constellation (collectively referred to herein as this "Contract"). 2. 1 understand that; • I can continue to have natural gas supplied by my current utility, Northern Indiana Public Service Company ("NIPSCO"), • NIPSCO will continue to deliver gas to me, read my meter, and also provide emergency and other services they have provided in the past. • The natural gas I buy from Constellation may be included in my NIPSCO monthly bill. • This Contract is subject to eligibility requirements of NIPSCO, and Constellation may choose not to accept this Contract for any reason. 3. My supply will begin on the date set by NIPSCO after my enrollment and shall continue for the number of monthly billing cycles indicated above (the "Primary Term"). It may take up to two billing cycles for service to begin. Constellation is not responsible for any delays in enrollment. 4. Each month my bill will be calculated by multiplying (i) the rate of gas charged per therm as indicated in this Contract by (ii) the amount of gas used in the billing cycle plus (iii) applicable taxes, fees, and charges for transportation (including the per therm Interstate Transportation/Storage Charge), distribution and other services. This price may be higher or lower than NIPSCO's price in any given month. If set forth in this Contract, a customer administration charge will be added to the monthly bill. 5, If Constellation decides to renew this Contract, then no later than forty-five (45) days prior to the end of the Primary Term, Constellation will send me a notice of the conditions that will apply for the renewal period. Unless I terminate this Contract in writing at least thirty (30) days before the end of the Primary Term, this Contract will automatically renew in accordance with the renewal terms and conditions. If the renewal notice FOR INTERNAL USE ONLY 002017 Consteltation Energy Resources, LLC. The forgoing offering is sold and contracted by Constellation NewEnergy - Gas Division, LLC, a subsidiary of Exelon Corporation. Errors and omissions excepted, CNEG_IN_NIPSCO_NYMEX_HENRY HUB_SMB_06.15.17 Page 3 of 5