0001104659-03-010947 Sample Contracts

1,806,100 Shares Constellation Energy Group, Inc. Common Stock Sales Agency Agreement
Sales Agency Agreement • May 22nd, 2003 • Constellation Energy Group Inc • Electric services • New York

Constellation Energy Group, Inc., a Maryland corporation (the “Company”), pursuant to Section 12(a) of the Sales Agency Agreement, dated as of May 3, 1999, by and between the Company and Citigroup Global Markets Inc. (formerly Salomon Smith Barney Inc.) (the “Agent”) (the “Original Agreement”), has provided written notice to the Agent of the termination of the Original Agreement, subject to the terms, provisions and limitations of the Original Agreement, which written notice was received by the Agent on May 21, 2003. This Agreement constitutes an amendment of, and replaces in its entirety, the Original Agreement.

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