13 - GEXA Energy Invoice Ancillary Charges

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February 2021 Storm Recovery Agreement Reference is made to: (a) that certain Commercial Electricity Service Agreement entered into between City Of Paris ("City") and Gexa Energy, LP ("Gexa") dated as of 3/8/2016 (the "CESA") and (b) that certain letter from Gexa dated May 7, 2021 concerning Ancillary Services costs resulting from the ERGOT February 2021 winter storm event (the "Winter Storm Letter"). Capitalized terms not otherwise defined herein have the meanings ascribed to them in the CESA. This February 2021.Storm Recovery Agreement ("Winter Storm. Agreement") is made and delivered pursuant to the CESA. As referenced in the Winter Storm Letter, the total cost of Ancillary Services attributed to the February 2021 Storm (the "Storm Recovery Amount") owed by City pursuant to the terms of the CESA is set forth below: Storm Recovery Amount: $450,005.34 City has executed a Commercial Electricity Service Agreement with Gexa for TCAP's Strategic Hedging Program commencing January 2023 (the "SHP CESA"), and hereby authorizes Gexa to invoice the Storm Recovery Amount through a monthly surcharge in effect through December 2028, pursuant to the terms of its current CESA and the SHP CESA. City will incur a new monthly surcharge for "February 2021 Storm Recovery" as a separate billing line item beginning with the invoice for the June 2021 billing period under the CESA, which shall continue through the invoice for December 2028 usage under the SHP CESA. City's monthly "February 2021 Storm Recovery" surcharge shall be $5,763.48. By returning this election, you are confirming that this Winter Storm Agreement has been duly and validly authorized, and represents the valid and binding obligation of City enforceable in accordance with the terms hereof and the CESA and the SHP CESA. By returning this election, you further acknowledge and agree that in the event of (i) any early termination of the CESA or (ii) in the event that the SHP CESA terminates or expires prior to December 31, 2028, you shall pay the remaining unpaid balance of the Storm Recovery Amount February 2021 Storm Recovery charges, and such charges will shall be included on the final invoice charged from Gexa to City for services provided under the CESA and/or the SHP CESA. If City receives multiple monthly bills for different ESI IDs, the "February 2021 Storm Recovery" surcharge will be added to the bill with the ESI ID that typically incurs the highest monthly charges. In the event that the Texas Legislature and the PUCT agree to reduce Ancillary Services costs attributable to the February 2021 storm referred to in the Winter Storm Letter, Gexa will make a corresponding reduction to any future monthly payments to reflect such reduced costs and/or reimburse City for any over -collection of the principal amount of these increased Ancillary Services charges. 1 of 2 ELGCTXTCAPSTORMRECOV050521