Form of Direct Agreement Sample Contracts

FORM OF DIRECT AGREEMENT
Form of Direct Agreement • December 27th, 2021 • Virginia

WHEREAS, the Department and the Developer have entered into a Comprehensive Agreement Relating to the Transform 66 P3 Project (the “Project”), dated as of [•] (the “Comprehensive Agreement”), pursuant to which the Department has granted a permit to the Developer, which includes (i) the right and obligation to develop, design, finance, construct, operate and maintain the Project and (ii) the right to establish, impose, charge, collect, use and enforce payment of tolls and related charges; and

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FORM OF DIRECT AGREEMENT
Form of Direct Agreement • March 2nd, 2022 • Virginia

This DIRECT AGREEMENT (this “Agreement”) relates to the SECOND AMENDED AND RESTATED COMPREHENSIVE AGREEMENT RELATING TO THE ROUTE 495 HOT LANES

FORM OF DIRECT AGREEMENT (COMPREHENSIVE AGREEMENT)
Form of Direct Agreement • February 2nd, 2023 • Virginia

WHEREAS, the Department and the Concessionaire entered into a Third Amended and Restated Comprehensive Agreement Relating to the I-95/395 HOV/HOT Lanes Project (the “Project”), dated as of [ ], 20[ ] (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Comprehensive Agreement”), pursuant to which the Department has granted a permit to the Concessionaire, which includes (i) the right and obligation to develop, design, finance, construct, operate, and maintain the Project and (ii) the right to establish, impose, charge, collect, use, and enforce payment of tolls and related charges; and

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