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WHEREAS,the PACE Provider will provide support and resources to any Participating <br /> Entity as requested related to education, outreach and development of the energy <br /> upgrade industry and trades; and <br /> WHEREAS, the PACE Provider will support, align and integrate its efforts with the <br /> community-wide goals for job creation, resource demand reduction, and renewable <br /> energy generation; and <br /> WHEREAS, the PACE Provider will establish its own interest rates, repayment terms, and <br /> fees as state and federal laws and the market defines and allows; and <br /> WHEREAS, the PACE Provider will arrange for the collection of Property Assessed Clean <br /> Energy assessments it has financed directly with the Participating Entity's County Tax <br /> Collector's Office; and <br /> WHEREAS,this Agreement does not include any financial arrangements between the <br /> PACE Provider, ABAG and the Participating Entity adopting this Agreement, nor does it <br /> preclude any separate contracts, contract terms for services or support; and <br /> WHEREAS, the purpose of this Agreement is to set forth the mutual understandings <br /> between ABAG and the PACE Provider and to establish basic operating procedures for <br /> any PACE provider operating within the ABAG territory, and any Participating Entity that <br /> adopts this agreement. <br /> NOW,THEREFORE, in consideration of the foregoing recitals and the mutual covenants <br /> contained herein, the parties hereto agree as follows: <br /> AGREEMENT <br /> 1 Definitions. <br /> 1.1 "Eligible improvement" is a technology, product or tool officially approved by <br /> the PACE provider. The improvements may include distributed generation <br /> renewable energy sources, energy and water efficiency improvements, and <br /> electric vehicle charging infrastructure improvements that will be permanently <br /> affixed to real property, and any additional improvements deemed eligible in <br /> the future by the California Legislature and/or the California Judiciary. <br /> 1.2 "PACE Provider" is an entity participating in ABAG territory administering a <br /> program providing Property Assessed Clean Energy(PACE)financing. <br /> Regional Collaborative Services Agreement for PACE Financing—ABAG and [PACE Provider] Page 2 of 15 <br />