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NEO I SO <br />B. NORTH AMERICAN shall collect and pay to NEOISO three percent (3%) of each Member's <br />or Participant's monthty spending for the Products (based upon amounts reeeived by NORTH <br />AMERICAN during the month with respect each Member's or Participant's purchases of the <br />Products). NORTH AMERICAN shall pay these utilization fees to NEOISO on a monthly <br />basis, along with a written report of all NEOISO Members' and Participanfs' purchases of <br />Products under this Agreement during that month, which payment and report shall be <br />delivered to NEOISO no later than the 15'hday of the month following the re,poirted month <br />(e.g., NORTH AMERICAN's payment and report for the month of January is due t9-NEOISO <br />no later than February 1e). <br />NEOISO represents that afl Members and Participants have had an opportunity to review this <br />Agreement, have been notified in writing of the 3% fee and have agreed to pay such fee to <br />NORTH AMERICAN, which will then remit the fee to NEOISO in accordance with the <br />foregoing procedure, <br />Iti <br />?. . <br />6 <br />Northeast Ohio Sourcing Of$ce 4829 Galaxy Pazkway Suice A p ? 216.839.1500 <br />wwwneoso.org Cleveland, OH 44128 f ? 216.503.4247