INSTRUCTIONS The individual that you named as Representative in the qualification form must make the representations below. To complete this item: 1. Print and complete this form (entering the name of the Representative, the date, and having the Representative sign the printed form); 2. Scan the completed form; 3. Upload the scanned and completed form using the link on the online qualification form; 4. Press SUBMIT for the document to be transmitted to the Auction Manager. We do not require a hardcopy. Representation Form (a) I understand and agree to the rules of the Auction as provided in the SREC Auction Manual. (b) I certify that the submission of any bid in any round of the Auction is a binding and irrevocable offer by the Applicant to purchase SRECs at the price of the round for that product. (c) I certify that if the Applicant is a winner at the Auction, the Applicant will partially execute all necessary Transaction Confirmation Letters (“Confirmations”) within three (3) business days of the close of the Auction and will pre-pay the full amount to purchase the SRECs won at the final Auction prices within five (5) business days of the close of the Auction. (d) I agree that failure to execute the necessary Confirmations or to provide payment of the full amount to purchase the SRECs won at the final Auction prices within the specified timeframe will result in sanctions or penalties including exclusion from participation in future Auctions. (e) I certify that the Applicant is bidding independently and that it is not part of a bidding agreement, a joint venture for purposes of participating in the Auction, a bidding consortium, or any other type of bidding arrangement related to bidding in the Auction. ________________________________________ Signature of Representative* Date* Name of Representative* March 2016 SREC Auction
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