Terms and Conditions of Use and Service Agreement

Onix Energy LLC

Effective Date: December 5, 2024 Last Modified: December 5, 2024 Version: 3.0

Preamble and Definitions

This comprehensive Terms and Conditions of Use and Service Agreement (hereinafter referred to as the “Agreement”) constitutes a legally binding contract between Onix Energy LLC, a limited liability company organized under the laws of New Jersey, with its principal place of business at 25 Philips Parkway, Suite 207, Montvale, NJ 07645 (hereinafter referred to as “Onix Energy,” “Company,” “we,” “us,” or “our”) and any individual, entity, or organization (hereinafter referred to as “Client,” “User,” “you,” or “your”) that accesses or utilizes any services, platforms, or resources provided by Onix Energy.

1. Defined Terms

For purposes of this Agreement, the following terms shall have the meanings set forth below:

1.1 “Services” encompasses the complete range of energy management solutions provided by Onix Energy, including but not limited to:

• Energy procurement and supply management services
• Energy efficiency consulting and implementation
• Utility bill analysis and optimization
• Comprehensive energy audits and assessments
• LED lighting solutions and implementations
• HVAC system optimization and management
• Natural gas procurement and management
• Solar energy solutions and consultation
• Peak demand management services
• Energy market analysis and reporting
• Sustainability planning and implementation
• Energy data analytics and visualization

1.2 “Energy Market” refers to the wholesale and retail markets for electricity, natural gas, and related energy commodities, including capacity markets, ancillary services markets, and renewable energy certificate markets.

1.3 “Energy Data” includes all information related to energy consumption, demand, cost, and usage patterns, including but not limited to:

• Historical usage data
• Real-time consumption metrics
• Peak demand recordings
• Power quality measurements
• Load profiles and characteristics
• Utility rate structures
• Market pricing information
• Environmental impact data

1.4 “Platform” refers to any digital interface, software, or technology solution provided by Onix Energy for the purpose of service delivery, data visualization, or client interaction.

2. Service Terms and Conditions

2.1 Service Provision and Scope

2.1.1 Energy Procurement Services Onix Energy provides comprehensive energy procurement services subject to the following terms:

a) Market Analysis and Strategy Development

• Regular market monitoring and analysis
• Development of customized procurement strategies
• Risk assessment and management recommendations
• Supplier qualification and evaluation
• Contract term optimization
• Price structure analysis and recommendations

b) Procurement Execution

• Competitive bid solicitation and management
• Contract negotiation and review
• Supplier relationship management
• Transaction documentation and verification
• Contract administration and maintenance
• Market position monitoring and reporting

c) Risk Management

• Development of risk management strategies
• Hedging recommendations and execution
• Position monitoring and reporting
• Market risk assessment
• Credit risk evaluation
• Regulatory compliance monitoring

2.1.2 Energy Efficiency Services The Company provides energy efficiency services under the following parameters:

a) Assessment and Analysis

• Comprehensive facility audits
• Equipment efficiency evaluation
• Operational assessment
• Baseline energy consumption analysis
• Improvement opportunity identification
• ROI calculations and financial analysis

b) Implementation Services

• Project planning and management
• Equipment specification and selection
• Contractor qualification and selection
• Installation oversight and quality control
• Performance verification
• Post-implementation monitoring

c) Measurement and Verification

• Establishment of baseline metrics
• Development of measurement protocols
• Regular performance monitoring
• Savings calculations and verification
• Performance reporting
• Continuous optimization recommendations

2.2 Service Quality and Performance Standards

2.2.1 Quality Assurance Onix Energy maintains rigorous quality standards including:

a) Professional Standards

• Industry best practices adherence
• Professional certification maintenance
• Regular staff training and development
• Quality control procedures
• Performance monitoring protocols
• Client satisfaction metrics

b) Technical Standards

• Equipment specification compliance
• Installation quality requirements
• Performance measurement protocols
• Data accuracy standards
• Reporting requirements
• Safety standards compliance

2.3 Market Operations and Trading Provisions

2.3.1 Market Participation The Company’s market operations are governed by the following terms:

a) Market Access and Representation

• Authorization to act as Client’s market representative
• Participation in wholesale and retail markets
• Interface with market operators and utilities
• Regulatory compliance management
• Market registration and qualification
• Credit requirement management

b) Trading Operations

• Execution of authorized transactions
• Position management and monitoring
• Settlement and reconciliation
• Performance optimization
• Risk mitigation strategies
• Market intelligence gathering

c) Market Communications

• Regular market updates and analysis
• Position reporting and documentation
• Performance metrics and benchmarking
• Strategy recommendations
• Risk assessment communications
• Regulatory compliance reporting

2.4 Data Management and Analytics

2.4.1 Data Collection and Processing

a) Data Sources and Collection

• Utility data integration
• Real-time monitoring systems
• Equipment sensors and meters
• Market data feeds
• Weather data incorporation
• Operational data collection

b) Data Quality Management

• Data validation protocols
• Error detection and correction
• Missing data management
• Data normalization procedures
• Quality assurance checks
• Historical data maintenance

c) Data Security and Privacy

• Encryption standards
• Access control protocols
• Data backup procedures
• Disaster recovery planning
• Privacy protection measures
• Compliance documentation

2.4.2 Analytics and Reporting

a) Standard Analytics

• Usage pattern analysis
• Cost trend evaluation
• Performance benchmarking
• Efficiency metrics
• Environmental impact assessment
• Financial performance tracking

b) Advanced Analytics

• Predictive consumption modeling
• Load forecasting
• Price prediction analytics
• Optimization algorithms
• Risk analytics
• Machine learning applications

2.5 Equipment and Installation Services

2.5.1 Equipment Specifications and Standards

a) Equipment Selection

• Performance requirements
• Compatibility assessment
• Efficiency standards
• Safety certifications
• Warranty provisions
• Maintenance requirements

b) Installation Requirements

• Site preparation specifications
• Installation protocols
• Safety requirements
• Quality control measures
• Testing procedures
• Commissioning requirements

2.5.2 Warranty and Maintenance

a) Equipment Warranties

• Manufacturer warranties
• Installation warranties
• Performance guarantees
• Warranty claim procedures
• Exclusions and limitations
• Transfer provisions

b) Maintenance Services

• Preventive maintenance schedules
• Performance monitoring
• Repair procedures
• Emergency response protocols
• Documentation requirements
• Training provisions

2.6 Financial Terms and Conditions

2.6.1 Pricing and Payment Terms

a) Service Fees

• Base service charges
• Performance-based fees
• Trading and procurement fees
• Installation and equipment costs
• Maintenance service fees
• Additional service charges

b) Payment Terms

• Invoice procedures
• Payment schedules
• Late payment provisions
• Dispute resolution process
• Credit terms
• Security requirements

2.6.2 Financial Guarantees and Securities

a) Performance Guarantees

• Savings guarantees
• Performance metrics
• Measurement protocols
• Verification procedures
• Remedy provisions
• Limitation of guarantees

b) Financial Securities

• Credit requirements
• Security deposits
• Performance bonds
• Insurance requirements
• Letter of credit provisions
• Collateral requirements

2.7 Risk Allocation and Liability

2.7.1 Risk Management

a) Market Risks

• Price volatility exposure
• Supply reliability risks
• Demand variation risks
• Regulatory compliance risks
• Credit risks
• Force majeure events

b) Operational Risks

• Performance risks
• Equipment failure risks
• Installation risks
• Data accuracy risks
• Cyber security risks
• Environmental risks

2.7.2 Liability Limitations

a) General Limitations

• Scope of liability
• Damage limitations
• Exclusions of liability
• Indemnification provisions
• Insurance requirements
• Force majeure provisions

b) Specific Exclusions

• Market performance exclusions
• Weather-related impacts
• Third-party actions
• Regulatory changes
• System failures
• Acts of nature

2.8 Regulatory Compliance and Governance

2.8.1 Regulatory Framework

a) Compliance Obligations

• Federal energy regulations
• State utility commission requirements
• Environmental regulations
• Building code compliance
• Safety standards
• Industry certifications
• ISO/RTO requirements
• FERC compliance obligations
• NERC reliability standards
• Renewable portfolio standards

b) Reporting Requirements

• Regulatory filings
• Compliance reporting
• Environmental reporting
• Energy usage reporting
• Emissions documentation
• Sustainability reporting
• Performance verification
• Audit documentation
• Safety incident reporting
• Environmental impact assessments

2.8.2 Governance Structure

a) Internal Controls

• Policy development and maintenance
• Procedure documentation
• Staff training requirements
• Quality control processes
• Risk management protocols
• Performance monitoring
• Audit procedures
• Record retention policies
• Document control systems
• Change management procedures

b) External Oversight

• Third-party audits
• Regulatory inspections
• Certification maintenance
• Performance verification
• Environmental compliance
• Safety inspections
• Quality assessments
• Financial audits
• Security evaluations
• Sustainability verification

2.9 Dispute Resolution and Legal Remedies

2.9.1 Dispute Resolution Process

a) Initial Resolution Attempts

• Notice requirements
• Good faith negotiations
• Management escalation
• Documentation requirements
• Timeline specifications
• Communication protocols
• Information exchange
• Resolution documentation
• Implementation planning
• Verification procedures

b) Mediation Procedures

• Mediator selection
• Cost allocation
• Location requirements
• Timeframe specifications
• Confidentiality obligations
• Documentation requirements
• Participant requirements
• Authority limitations
• Decision implementation
• Appeal procedures

c) Arbitration Provisions

• Arbitrator selection
• Jurisdictional requirements
• Procedural rules
• Cost allocation
• Evidence standards
• Timeline requirements
• Decision binding nature
• Appeal limitations
• Enforcement procedures
• Confidentiality obligations

2.9.2 Legal Remedies

a) Available Remedies

• Monetary damages
• Specific performance
• Injunctive relief
• Contract termination
• Performance penalties
• Credit adjustments
• Service modifications
• Equipment removal
• Data access restrictions
• Security enforcement

b) Limitations on Remedies

• Damage caps
• Exclusions of liability
• Time limitations
• Notice requirements
• Mitigation obligations
• Recovery restrictions
• Procedural requirements
• Jurisdictional limitations
• Appeal restrictions
• Enforcement limitations

2.10 Term and Termination

2.10.1 Agreement Term

a) Initial Term

• Commencement date
• Duration specifications
• Renewal conditions
• Extension options
• Modification procedures
• Review requirements
• Performance evaluations
• Adjustment provisions
• Rate revisions
• Service modifications

b) Renewal Terms

• Automatic renewal provisions
• Notice requirements
• Modification rights
• Rate adjustments
• Service changes
• Performance reviews
• Documentation requirements
• Update procedures
• Approval processes
• Implementation timelines

2.10.2 Termination Provisions

a) Termination Rights

• For cause termination
• Convenience termination
• Default provisions
• Notice requirements
• Cure periods
• Documentation requirements
• Effect on services
• Financial implications
• Equipment disposition
• Data handling

b) Post-Termination Obligations

• Transition services
• Data transfer
• Equipment removal
• Final billing
• Record retention
• Confidentiality obligations
• Intellectual property rights
• Non-compete provisions
• Non-solicitation requirements
• Survival clauses

2.11 Miscellaneous Provisions

2.11.1 Force Majeure

a) Qualifying Events

• Natural disasters
• Acts of war
• Regulatory changes
• Market disruptions
• System failures
• Labor disputes
• Supply interruptions
• Transportation disruptions
• Cyber attacks
• Pandemic events

b) Response Procedures

• Notification requirements
• Mitigation efforts
• Documentation needs
• Communication protocols
• Service adjustments
• Cost allocation
• Recovery planning
• Performance modifications
• Timeline extensions
• Termination rights

2.11.2 Assignment and Succession

a) Assignment Rights

• Consent requirements
• Notice obligations
• Documentation needs
• Qualification criteria
• Financial requirements
• Performance standards
• Liability transfer
• Obligation assumption
• Approval process
• Implementation procedures

b) Succession Planning

• Change of control provisions
• Notice requirements
• Approval rights
• Qualification criteria
• Performance standards
• Documentation needs
• Transition planning
• Implementation procedures
• Training requirements
• Quality assurance

2.12 Execution and Acknowledgment

These Terms and Conditions constitute the entire agreement between Onix Energy and the Client regarding the subject matter herein and supersede all prior or contemporaneous agreements, understandings, and communications, whether written or oral.