Appendix A - Model Contract Form

Appendix A to Subpart C to Part 1718--Model Form of Loan Contract for

Electric Distribution Borrowers

Section 5.19. Financial Reports

The Borrower shall cause to be prepared and furnished to RUS a full

and complete annual report of its financial condition and of its

operations in form and substance satisfactory to RUS, audited and

certified by Independent certified public accountants satisfactory to

RUS and accompanied by a report of such audit in form and substance

satisfactory to RUS. The Borrower shall also furnish to RUS from time to

time such other reports concerning the financial condition or operations

of the Borrower, including its Subsidiaries, as RUS may reasonably

request or RUS Regulations require.