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IDEAL ENERGIES A GREEN COMPANY Maximizing our Customer's Financial Outcome using the Put or Call (Example) Lease Runs Full Term; Greene Solar Leasing or Customer Exercise their Put / Call Options Rooftop Ballasted Solar Array - 83.3 kWDC Monocrystalline350W Solar Panels @ 10° w/ 66.6 kWAC SolarEdge Xcel Photovoltaic Credit Rider Tariff General Service Rate Plan G2SL's Put Option Price @ Fixed Amount Put Price (see note 1) $1 note' Greene Solar Leasing's Put Option - During months 1 to 3 after the Put Date, G2SL can require the Customer to purchase its remaining interest in the Lease and Power Purchase Agreements through the full term for the Put Price. The Put Price can be for a fixed value and is provided above. note 2 Customer's Call Option -If G2SL does not exercise its Put Option during months 1 to 3, during months 4 to 12, the Customer can require G2SL to sell its remaining interest in the Lease and Power Purchase Agreements for the Call Price. The Call Price must be for fair market value (FMV). Since the Customer owns the Solar Array day one, G2SL's entire interest in the transaction is the its net cashtlow (power purchase income, less rent and operating expenses) remaining under the Lease and Power Purchase Agreements if they ran full term. To determine FMV, we apply a discount, and our Put and Call Agreement states this explicitly. note 3 If neitherIf neitherpartyexercises their Put or Call Options Put or Call Options - the Lease & Power Purchase Agreements run full-term unless G2SL and the Customer mutually agree to terminate them early. Customer's Call Option Price @ Fair Market Value (FMV) A > G2 SL's G2 SL's Rent & G2SL's Power Sales Operating Net Cashf low Income Expense 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 $2,000 -$930 $1,070 20 $2,000 -$930 $1,070 21 22 23 24 25 $4,000 $1,860 $2,140 Net Cashflow @ a Discount Rate of 15% Call Price (see note 2) note' Greene Solar Leasing's Put Option - During months 1 to 3 after the Put Date, G2SL can require the Customer to purchase its remaining interest in the Lease and Power Purchase Agreements through the full term for the Put Price. The Put Price can be for a fixed value and is provided above. note 2 Customer's Call Option -If G2SL does not exercise its Put Option during months 1 to 3, during months 4 to 12, the Customer can require G2SL to sell its remaining interest in the Lease and Power Purchase Agreements for the Call Price. The Call Price must be for fair market value (FMV). Since the Customer owns the Solar Array day one, G2SL's entire interest in the transaction is the its net cashtlow (power purchase income, less rent and operating expenses) remaining under the Lease and Power Purchase Agreements if they ran full term. To determine FMV, we apply a discount, and our Put and Call Agreement states this explicitly. note 3 If neitherIf neitherpartyexercises their Put or Call Options Put or Call Options - the Lease & Power Purchase Agreements run full-term unless G2SL and the Customer mutually agree to terminate them early.