No. If a Seller has a Project with approved Bids for a Company, by 12 PM CPT (noon) on the first business day after the ICC decision, the Company prepares and sends a partially executed electronic copy of the REC Contract and related documents to the Seller. By 12 PM CPT (1 PM Eastern Prevailing Time) on the second business day after the ICC decision, the Seller executes the signature pages of the partially executed REC Contracts and related documents and sends such fully executed signature pages to the Company electronically.

However, in the Part 1 Proposal, the Seller will be required to certify that it understands and accepts the terms of the REC Contract and accepts the fact that the number of REC Contracts and the counterparties under such REC Contracts will be assigned to the Seller by the Procurement Administrator.