EFTA01366964.pdf

Amendment #4 Page 535 of 868 Teter etcefltrni. Operations end rnalmerwrice Operator* and mmmenance services are provided to the Company by metes of the Parent pusuam to contractual agreements Cows incurred tor these servias were $2,257 and 51,311 for me years ended December 31, 2014 and 2013, respecerely Related amounts were reported as cost of operations—affeate in Ire combined statements d °earshot's and were reflected in operating aCtivdiert In the COrnthed statements of cash flows Parent madonna, Certain of our expenses are paid by affiliates of the Parent and are reimbursed by the Company to the same, or otter affiliates of the Parent Addlionalty. meaty attributable costs for construction of solar energy systems marred by the Parent are charged to the Coppery As of December 31, 2014 and 2013, the Company awed the Parent and althates 547.266 and 524,633 respectrrety Deperarg on the retire due both*, amounts are either reflected in operating agnates or as a noncash addition to property and eQupmert rcluded in due to parent and aliases The Ccmpany advanced working capital loans to an affiliate company as of 2014 and 2013 The affiliate owed the Company $138 arx15152 as of December 31. 2014 and 2013. rescectreely Related amounts were reflected n resting actmles and n additions to property and easement ncluded in due to Parent and affiliates n the combined statements cf cash flows Addit orally. the Parent provided contributors to the Company n the form of shareholder bans, Related amounts have been recognized as net parent irwestmeM as there is no expectation for the Company to repay the Parent for the contributions These contntations totaled 54.893 and 444.017 for the years ended Decanter 31, 2014 and 2013. respectively. Transactions with thirdparty irmastor On tense of the Company, the Parent has entered into venous transactions with an investor in certain Company projects whom is unrelated to the Parent ('Third Party investor) In X13. the Parent prowled the Thrd Party hvestor with a 5% interest in certain of the Company's projects n the form of 5115 of preference Shares and 5471 in shareholder loans in exchange for the Third Party Investor's corsulttg and management services In the same agreement the Parent agreed to pay the Thrd Party investor fees based on the projects achieving specific miestores such as execubng a PPA and achieving roonemssioning and reerconnedon The Parent pad 5342 of such fees to the Thud Party Investor in the year ended December 31. 2013 Each d these amounts have been capitalized as property and equpment net as each represent costs for the Third Party Investor's services to prepare the solar energy systems for thee ntencks1 use Additionally, n2013, the Third Party hvestor purchased a 44% merest in one of the Company's projects from the Parent ri the form of preference snare captal and a shareholder ban As of December 31, 2014 the total value of the preference share capital and loans amounted to 5724 and 53.208, respecbvery. Cuing the year ended December 31. 2014. tee related protect entity repaid the Third Party Investor 5188 in shareholder loan canape' payments Also dun% 2014, the Thal Party Investor acquired a 38% interest in ore of the Company's project entries in the form d shareholder bans The shareholder loans consisted of 5337 of Tranche A shareholder loans and 5553 of Tranche B shareholder bans The interest rate on the Trend* A shareholder bans is 4% while the Tranche B shareholder loans are interest-free Due to the economic nature of the shareholder bane the F.215 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058492 CONFIDENTIAL SDNY GM_00204878 EFTA01366964