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106 <br /> Carbon Price Consultant shall document the Parties' agreement on the Emission <br /> Allowance Price Methodology. Any Dispute concerning the Emission Allowance. <br /> Price Methodology shall be submitted to Dispute Resolution in accordance with <br /> Article XI of this Agreement. <br /> b. Flare and Conversion Payment Adjustments. Beginning in 2015 and continuing <br /> through the remaining Term of the Agreement, in any month in which a <br /> Cap-and-Trade System has been enacted under federal legislation in the United <br /> States, the University shall apply the Emission Allowance Price Methodology to <br /> compare the Average Allowance Market Prices and the Forecasted Carbon Prices <br /> for the applicable month of the Agreement. <br /> c. If there is a positive or negative difference between the Average Allowance Market <br /> Price of an Emissions Allowance for the given month and the Forecasted Carbon <br /> Price for such month, the following adjustment to the Flare Percentage for such <br /> month shall be made: The Flare Percentage shall be increased or decreased by <br /> 0.3 57% for each whole dollar(rounded down to the nearest whole dollar)that the <br /> Average Allowance Market Price for such month is either above(for increases).or <br /> below (for decreases) the Forecasted Carbon Price for such month; provided, <br /> however that the Flare Percentage for any month shall not be adjusted in a manner <br /> that results in the adjusted Flare Percentage equaling a percentage greater than <br /> 8.51% or less than 2.09%. For purposes of calculating adjustments under this <br /> Paragraph 123,122, the Flare Percentage shall reset each month to five and <br /> • <br /> three-tenths percent (5.3%). For the avoidance of ambiguity and by way of <br /> example only, if the Flare Percentage is adjusted in January 2015 from five and <br /> {00022477.DOC} • <br />