Best Practices for Energy Price Indices © Copyright 2003, CCRO. All rights reserved. 5.1 Elements of a Suitable Contractual Arrangement .................................................................. 16 5.1.1 Submit Data Only if Contractual Arrangements Are in Place ....................................... 16 5.1.2 Ensure Contractual Arrangements Include a Confidentiality Agreement Between the Data Provider and the Index Developer to Protect Against Release of Data ............................... 16 5.1.3 Ensure Contractual Arrangements Include a Sole Purpose Clause and Clarify Data Ownership ......................................................................................................................................... 16 5.1.4 Change Master Trading Agreements ............................................................................... 16 5.1.5 Disclaimer .......................................................................................................................... 17 5.1.6 Protocols for Transaction Cutoff Times and Data Submission Deadlines .................... 17 VI. CONCLUSION AND NEXT STEPS .................................................................................... 18 Appendix ....................................................................................................................................... 19 Exhibit A – Example of an Index Data Submission and Publication Timeline ................................ 19 Exhibit B – Example of a Data Submission, Usage and Confidentiality Agreement (DSUCA) ...... 22 Exhibit C – Example of a Letter Releasing Counterparties from Confidentiality Obligations for Sole Purpose of Index Construction .................................................................................................... 23 Exhibit D – Example of Disclaimer Language .................................................................................... 24