The Custom Rebate Application and Agreement is entered this ______ day of 2010 between ____________________, (“Customer”) and the Dayton Power and Light Company (“DP&L” or the “Company”) according to the terms and conditions contained herein.

Customer makes this application to DP&L’s Custom Rebate Program (“Program”) seeking a rebate for the installation, after January 1, 2010, of the following:

___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________, referred to below as Customer’s “Project.” Details, costs, and technical specifications are attached.

Based on information supplied by Customer about the Project, DP&L will determine whether Customer’s Project meets the requirements of the Program and reduces both total energy usage and total demand using equipment newly purchased from a manufacturer or distributor. In addition to the requirements outlined below, the project must pass the Total Resource Cost test, as calculated by DP&L. Payment of rebates by DP&L will be made according to the following terms and conditions:

1. Rebates will be based on the final cost of the Project, but such cost must be reasonable in the judgment of DP&L and will be limited to 100% of the incremental cost and 50% of the total project cost, which may not include taxes, warranty fees, or maintenance fees. Further, funding is limited and completing an application does not guarantee availability.  DP&L shall make the final determination regarding rebate amounts.

2. Energy savings estimates will be calculated by the Customer and verified by DP&L.

3. The Project is subject to a pre-installation and post-installation inspection. Should the post-installation inspection reveal a difference between the estimated energy savings, as calculated prior to installation, and the actual expected savings following installation, the final rebate value may be reconciled to the actual expected savings. A project will not be eligible for rebate if the Customer, prior to DP&L approval, proceeds with Project installation or removes existing equipment which forms the baseline for energy usage. Once installed according to this agreement, the equipment which makes up the Project shall not be removed for a period of five years without DP&L’s written permission. In the event of such unauthorized removal, the rebate shall be repaid to DP&L.

4. Where the Project involves replacing equipment, that equipment must be decommissioned, although it may be retained for use as back-up equipment with DP&L’s permission. It may also be sold for scrap, but cannot be sold for use in another production environment.

5. The Project must be completed within 120 days of application approval. Final documentation must be received by DP&L within 30 days of Project completion. Rebates will be paid within 30 days of final approval and receipt by DP&L of final documentation. Final documentation is to include equipment serial numbers and an itemized invoice with sufficient detail to determine cost of material, labor and any equipment discounts.

6. The preliminary rebate value for the Project will be calculated based on projected energy and demand savings. Project cost calculations must be contained in the Project application and other documents submitted by Customer.

7. Rebates for any demand savings are only applicable for equipment running regularly from 12pm to 6pm Eastern Standard Time, Monday through Friday, and during the months of June through August.

8. Rebates may be subject to federal and/or state income tax reporting. DP&L is not responsible for any taxes that may be incurred.

9. The parties recognize that DP&L does not guarantee energy savings and does not make any warranties associated with the Project. Furthermore, only the Customer can judge the overall feasibility and benefit to its business of the Project.

10. DP&L respects the privacy of its customers, but cannot guarantee the confidentiality of information provided to it.

11. Customer shall permit DP&L to return to customer’s facility, upon reasonable notice, at various times within five years of installation to allow DP&L to gauge the impact of the installation.

Applicant

__________________________________________________________________

__________________________________________________________________

Date

__________________________________________________________________

By:

__________________________________________________________________

Date

The Dayton Power and Light Co.