MGE POWER ELM ROAD, LLC 5.04% Senior Secured Notes, Series A, due February 3, 2040 NOTE PURCHASE AGREEMENT Dated as of February 3, 2010Joint Power Supply Agreement • February 9th, 2010 • Mge Energy Inc • Electric, gas & sanitary services • New York
MGE Power Elm Road, LLC, a limited liability company organized under the laws of the State of Wisconsin (the “Issuer”), agrees with each of the purchasers whose names appear at the end hereof (each, a “Purchaser” and, collectively, the “Purchasers”) as follows:
