File No. 70-8515
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Amendment No. 2 to
FORM U-1
APPLICATION/DECLARATION
under the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Connecticut Yankee Atomic Power Company
Northeast Nuclear Energy Company
North Atlantic Energy Service Corporation
Northeast Utilities Service Company
107 Selden Street
Berlin, Connecticut 06037
(Names of companies filing this statement
and address of principal executive offices)
Northeast Utilities
New England Electric System
(Name of top registered holding company parent
of each applicant or declarant except that
New England Electric System is the parent
of only Connecticut Yankee Atomic Power Company)
Robert P. Wax, Esq.
Vice President, Secretary and General Counsel
Northeast Utilities
P.O. Box 270
Hartford, CT 06141-0270
(Names and address of agent for service)
The Commission is requested to mail signed copies of all orders, notices and
communications to:
Cheryl W. Grise Jeffrey C. Miller, Esq.
Senior Vice President - Human Assistant General Counsel
Resources and Administrative Northeast Utilities
Services Service Company
Northeast Utilities Service Company P.O. Box 270
P.O. Box 270 Hartford, CT 06141-0270
Hartford, CT 06141-0270
Northeast Utilities Service Company, Connecticut Yankee Atomic Power
Company, Northeast Nuclear Energy Company and North Atlantic Energy Service
Corporation hereby amend their application/declaration on Form U-1 (File No.
70-8515) as follows:
Item 1. Description of Proposed Transaction
Paragraph 6 is hereby amended to read as follows:
6. As share equivalent units vest, they will be paid out to the employees
in the form of Common Shares. The shares will be purchased on the open
market by NUSCO on behalf of NNECO, North Atlantic and CYAPCO using general
corporate funds, and will be compensation expense of each such company. If
the employee should terminate employment prior to the vesting of all of his
or her units, the unvested portion will be forefeited. In the event of
death, disability, or retirement, any remaining restricted shares will
immediately vest and become unrestricted.
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned companies have duly caused this statement to be
signed on their behalf by the undersigned thereunto duly authorized.
NORTHEAST UTILITIES SERVICE COMPANY
NORTHEAST NUCLEAR ENERGY COMPANY
NORTH ATLANTIC ENERGY SERVICE CORPORATION
CONNECTICUT YANKEE ATOMIC POWER COMPANY
By /s/Richard M. Early
Their Attorney
Dated: December 27, 1994
