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Termination Agreement

Termination Agreement

Termination Agreement | Document Parties: MidAmerican Energy Holdings Company You are currently viewing:
This Termination Agreement involves

MidAmerican Energy Holdings Company

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Title: Termination Agreement
Date: 12/17/2008
Industry: Electric Utilities     Sector: Utilities

Termination Agreement, Parties: midamerican energy holdings company
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Exhibit 10.1

Constellation Energy Group, Inc.

100 Constellation Way

Baltimore, Maryland 21202

December 17, 2008

MidAmerican Energy Holdings Company

1111 South 103 rd Street

Omaha, NE 68124

Attention:   Douglas L. Anderson

  Senior Vice President and General Counsel

Mr. Anderson:

Reference is made to that certain Termination Agreement dated as of December 17, 2008 (the " Termination Agreement ") by and among MidAmerican Energy Holdings Company, MEHC Investment, Inc., MEHC Merger Sub Inc., Constellation Energy Group, Inc., Électricité de France SA, and Électricité de France International, SA. Capitalized terms used, but not otherwise defined, herein shall have the meanings respectively ascribed to them in the Termination Agreement. In consideration of the undertakings and agreements in the Termination Agreement, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and notwithstanding Section 14 of the Termination Agreement, the undersigned do hereby agree as set forth herein.

Constellation hereby agrees to indemnify and hold harmless the MidAmerican Parties and their respective Affiliated Parties (the " MidAmerican Indemnified Parties ") against any and all liabilities, judgments, settlements, costs and reasonable expenses, including, without limitation, reasonable legal fees (collectively, " Losses ") incurred by any MidAmerican Indemnified Party and arising out of or in connection with (i) any breach of the Termination Agreement by Constellation or any EDF Party or (ii) any claims (including, without limitation, claims that have been or could have been asserted in actions pending prior to the date hereof) by or on behalf of any Constellation securityholders (or by any such securityholders on behalf or purportedly on behalf of Constellation) arising out of or in connection with the Specified MidAmerican Agreements, the Termination Agreement or the transactions contemplated thereby (including, without limitation, any claims directly or indirectly challenging the validity or enforceability of the amounts payable pursuant to Section 1(a) of the Termination Agreement, Section 9.3(a) of the Merger Agreement, Section 7(b)(ii)(B) or Section 7(c) of the Series A Articles Supplementary or the first sentence of the third paragraph of the Limited Waiver, the securities issuable pursuant to Section 1(b) or 1(c) of the Termination Agreement, Section 7(a) of the Series A Articles Supplementary, or the first sentence of the third paragraph of the Limited Waiver, or seeking to modify, reduce, recoup, recover or otherwise deprive


 
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