Exhibit 10.4
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TERMINATION OF WINDSYSTEM MANAGEMENT AGREEMENT
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THIS TERMINATION OF WINDSYSTEM MANAGEMENT AGREEMENT is entered into
effective as of the 8th day of September, 2006 (the "Effective Date"), by and
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between ENRON WIND SYSTEMS, LLC a California limited liability company ("EWS"),
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and ZOND WINDSYSTEM PARTNERS, LTD. SERIES 85-B, a California Limited Partnership
("ZWP 85-B" and, together with EWS, the "Parties").
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RECITALS
A. EWS (as successor to Zond Systems, Inc.) and ZWP 85-B are parties to
that certain Windsystem Management Agreement dated as of September 9, 1985, as
amended (the "Agreement").
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B. The Parties desire to terminate the Agreement.
AGREEMENT
1. In consideration of the premises and covenants herein set forth, the
Parties hereby terminate the Agreement effective as of the Effective Date.
2. All of the covenants, terms and conditions set forth herein shall be
binding upon and shall inure to the benefit of the parties hereto and their
respective successors and assigns.
EXECUTED as of the Effective Date.
PARTIES:
Enron Wind Systems, LLC,
a California limited liability company
By: Enron Wind LLC,
its sole member
By: Enron Renewable Energy Corp.,
its sole member
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx, President
and Chief Executive Officer
ZOND WINDSYSTEM PARTNERS, LTD. SERIES
85-B, a California Limited Partnership
By: Zond Windsystems Management IV LLC,
its general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx, President and
Chief Executive Officer
