REC sample confirm

Texas Renewable Energy Credit (TX REC) Transaction Confirmation Attention: Mr. REC Trader ABC Corporation We hereby co...

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Texas Renewable Energy Credit (TX REC) Transaction Confirmation Attention:

Mr. REC Trader ABC Corporation

We hereby confirm that, acting as agent on your instruction, we have arranged the following transaction on your behalf. Commodity Type: Transaction Number: Transaction Date: Vintage: Seller: Buyer: Delivery:

Quantity: Price US$:

TX REC 02020104 02/02/2001 2002 or earlier ABC Corporation Inc. XYZ Public Utility When issued by ERCOT ISO, seller shall initiate transfer of TX RECs to buyer within 3 Business Days. Payment to be made within 3 Business Days after confirmation of TX REC transfer from seller to buyer. 20,000 Texas Renewable Energy Credits $XX.XX per TX REC. $XXX.XX in total.

Total Commission Due:

US$XX.XX

Settlement:

Your counter party contact is: Mr. James Doe XYZ Public Utility 65 Broadway – 5th Floor New York, NY 10006 773-555-1313 tel. 773-555-1212 fax. We trust that the above accurately reflects your understanding of the referenced transaction. Thank you for your business.

Evolution Markets LLC acts solely as agent in the introduction of trading counter parties. Evolution Markets LLC is not responsible for, and is not a substitute for, your determination as to the merits of the provisions and contingencies of the transaction. Evolution Markets LLC does not hold itself responsible for the financial condition and/or performance of either counter party in this transaction. It is the responsibility of the trading count parties to confirm the details of this transaction directly. Please notify a representative of Evolution Markets LLC immediately upon discovery of any discrepancies concerning this transaction.

Evolution Markets LLC 65 Broadway Fifth Floor New York, New York 10006 Phone: 212-430-6475 Fax: 212-430-6474