Egan Hub Storage, LLC

First Revised Volume No. 1

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Effective Date: 01/01/2004, Docket: RP04-114-000, Status: Effective

Original Sheet No. 240 Original Sheet No. 240 : Effective

 

 

FORM OF SERVICE AGREEMENT FOR

CAPACITY RELEASE UMBRELLA AGREEMENT UNDER

RATE SCHEDULES FSS AND SSS

 

This Umbrella Service Agreement, made and entered into this ____ day of

______________, by and between_________________________(herein called

"Replacement Customer"), and EGAN HUB STORAGE, LLC, a Delaware limited

liability company (herein called "Egan Hub"),

 

W I T N E S S E T H:

 

WHEREAS,

 

NOW, THEREFORE, for and in consideration of the mutual covenants and

promises herein contained, the Replacement Customer and Egan Hub hereby agree

as follows:

 

ARTICLE I

SCOPE OF AGREEMENT

 

Subject to the terms, conditions and limitations hereof, so long as the

financial evaluation and credit appraisal requirements are met in order for

Replacement Customer to be on Egan Hub's approved bidder list for capacity

releases and execute this Umbrella Service Agreement pursuant to Section 4 of

Egan Hub's General Terms and Conditions, and this Umbrella Service Agreement

is effective, Replacement Customer may bid from time to time on proposed

capacity releases under Rate Schedules FSS and SSS pursuant to the procedure

set forth in Section 4 of Egan Hub's General Terms and Conditions. If at any

time a bid submitted by Replacement Customer is accepted by Egan Hub with

respect to a given capacity release, Egan Hub will promptly finalize by means

of Egan Hub's LINK® System the appropriate Addendum to this Umbrella Service

Agreement, in the format attached hereto. The parties agree that each

Addendum is an integral part of this Umbrella Service Agreement as if executed

by the parties hereto and fully copied and set forth herein at length and is

binding on the parties hereto. Upon finalization of such Addendum,

Replacement Customer and Egan Hub agree that Replacement Customer shall be

considered for all purposes as a Customer with respect to the released

service.

 

Upon the finalization of an Addendum, subject to the terms, conditions

and limitations hereof and of Egan Hub's Rate Schedules FSS and SSS, Egan Hub

agrees to provide the released service for Replacement Customer under the

applicable rate schedule, provided however, the Replacement Customer qualified

under the financial evaluation and credit appraisal requirements set forth in

Section 3 of Egan Hub's General Terms and Conditions at the time it submitted

the bid Egan Hub accepted with respect to such release.

 

Replacement Customer hereby agrees to promptly provide any information

necessary for Egan Hub to reevaluate Egan Hub's credit appraisal as

contemplated by Section 3 of Egan Hub's General Terms and Conditions and to

advise Egan Hub of any material change in the information previously provided

by the Replacement Customer to Egan Hub.