LETTER OF ASSENT BETWEEN UTILITY AND LOCAL 1049, IBEW REGARDING NORTHEASTERN LINE CONSTRUCTORS CHAPTER, NECA UTILITY

AGREEMENT

This letter of Assent regarding Collective Bargaining Agreement Between Local Union No. 1049, IBEW and the UTILITY Chapter, NECA (Utility Agreement) is made and entered into as of the 29th day of October, 2012 by and between UTILITY and IBEW Local Union No. 1049. Pursuant to this Letter of Assent and notwithstanding anything to the contrary contained in the Utility Agreement, UTILITY and IBEW Local Union No. 1049 agree as follows with regard to UTILITY employees currently working with regard to National Grid work assignments (hereinafter referred to as employee(s)): 1. That for a period of time October 29, 2012 through November 29, 2012, UTILITY agrees to normal working hours and overtime provided for in Article VIII of the Utility Agreement;

2. That for the period of time October 29, 2012 through November 29, 2012, UTILITY agrees to pay its employees the wages provided for in Article IX of the Utility Agreement; 3. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute $9.75 per work hour to the Union Health and Welfare Fund so that each employee shall be eligible to receive additional medical, dental and vision insurance as outlined in the Utility Agreement, Article XIX. 4. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute 22 % of each employees gross salary into the I.B.E.W. Local 1049 Craft Annuity Fund as provided in Section 19.20 of the Utility Agreement. 5. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute 3% of each employees gross salary into the I.B.E.W. Local 1049 Craft Division Skill Improvement Fund as provided in Section 19.03 of the Utility Agreement. 6. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute 3% of each employees gross salary to the local collection agent for the National Electrical Benefit Fund as provided in Section 19.05 of the Utility Agreement. 7. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute 0.75% of the rate of pay per hour for each hour worked to the Electricity Industry Administrative Maintenance Trust of Northeastern Line Constructors Chapter, NECA fund as provided in Section 19.06 of the Utility Agreement. 8. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute $0.01 per hour for each hour worked to the National Labor Management Cooperation Committee as provided in Section 19.07 of the Utility Agreement. 9. That for the period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute 0.5% of each employees gross salary to the National Electrical Industry Fund.

10. That for the pay period of time October 29, 2012 through November 29, 2012, UTILITY shall contribute 1% of each employees gross salary to the Northeastern Joint Apprenticeship and Training Trust. 11. That UTILITY shall deduct 1% of gross payroll for employees for the period of time October 29, 2012 through November 29, 2012 and shall remit the same to the IBEW Local 1049 as union dues to the extent of appropriate under Section 3.02 of the Utility Agreement. 12. This Letter of Assent and any obligations under the Utility Agreement shall only apply to performed by UTILITY for National Grid from October 29, 2012 through November 29, 2012; and 13. All of Electricitys of STATES obligations under the above referenced Utility Agreement automatically terminate on October 29, 2012 upon UTILITYs completion of work currently being performed for National Grid. In witness whereof, the undersigned have duly caused this Letter of Assent to be executed as of the date first above written. _____________________________________ By: __________________________________ SIGNATORY Title: _________________________________

LOCAL UNION NO. 1049 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS By:___________________________________ Donald Daley Jr. Title: Business Manager