Browse EX-10 agreements

RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT

by and between

SCE RECOVERY FUNDING LLC,

as Issuer

and

SOUTHERN CALIFORNIA EDISON COMPANY,

as Seller

Dated as of [•], 2026

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TABLE OF CONTENTS

				Page
ARTICLE I
DEFINITIONS
SECTION 1.01		Definitions			1
SECTION 1.02		Other Definitional Provisions			2
ARTICLE II
CONVEYANCE OF RECOVERY PROPERTY
SECTION 2.01		Conveyance of Recovery Property			2
SECTION 2.02		Conditions to Sale of Recovery Property			3
ARTICLE III
REPRESENTATIONS AND WARRANTIES OF SELLER
SECTION 3.01		Organization and Good Standing			4
SECTION 3.02		Due Qualification			5

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ADMINISTRATION AGREEMENT

This ADMINISTRATION AGREEMENT, dated as of [•], 2026 (this “Administration Agreement”), by and between SOUTHERN CALIFORNIA EDISON COMPANY, a California corporation (“SCE”), as administrator (in such capacity, the “Administrator”), and SCE RECOVERY FUNDING LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used but not otherwise defined herein shall have the meanings specified in Appendix A attached to the Indenture (as defined below).

RECITALS

WHEREAS, the Issuer is issuing Recovery Bonds pursuant to that certain Indenture, dated as of the date hereof (including Appendix A thereto, the “Indenture”), by and between the Issuer and The Bank of New York Mellon Trust Company, N.A., a national banking association, in its capacity as indenture trustee (the “Indenture Trustee”) and in its separate capacity as a securities intermediary (the “Securities Intermediary”), as the same may be amended, restated, supplemented or otherwise modified from time to time, and the Series Supplement;

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RECOVERY PROPERTY SERVICING AGREEMENT

by and between

SCE RECOVERY FUNDING LLC,

as Issuer

and

SOUTHERN CALIFORNIA EDISON COMPANY,

as Servicer

Dated as of [•], 2026

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TABLE OF CONTENTS

				Page
Article I DEFINITIONS					1
SECTION 1.01		Definitions			1
Article II APPOINTMENT AND AUTHORIZATION					2
SECTION 2.01		Appointment of Servicer; Acceptance of Appointment			2
SECTION 2.02		Authorization			2
SECTION 2.03		Dominion and Control Over the Recovery Property			2
Article III ROLE OF SERVICER					3
SECTION 3.01		Duties of Servicer			3
SECTION 3.02		Servicing and Maintenance Standards			5

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AMENDED AND RESTATED INTERCREDITOR AGREEMENT

This AMENDED AND RESTATED INTERCREDITOR AGREEMENT (this “Agreement”) dated as of [•], 2026 by and among, SCE Recovery Funding LLC, a Delaware limited liability company (the “Issuer”), The Bank of New York Mellon Trust Company, N.A., a national banking association, in its capacity as indenture trustee (including any successor in such capacity, the “Initial Trustee”) under the Initial Indenture referred to below, Southern California Edison Company, in its capacity as the seller and initial servicer of the Initial Recovery Property referred to below (including any successor in such capacity, the “Initial Seller” and “Initial Servicer”, respectively), The Bank of New York Mellon Trust Company, N.A., a national banking association, in its capacity as indenture trustee (including any successor in such capacity, the “Second Trustee”, under the Second Indenture referred to below), and Southern California Edison Company, in its capacity as the seller and initial servicer of the Second Recovery

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