Nautilus Pipeline Company, LLC

Original Volume No. 1

Effective Date: 04/05/2010, Docket: RP10-475-000, Status: Effective

First Revised Sheet No. 34 First Revised Sheet No. 34

Superseding: Original Sheet No. 34

RATE SCHEDULE FT-2

FIRM TRANSPORTATION SERVICE

11. REDUCTIONS IN CAPACITY con't

conditional reservation charge. If Shipper elects to reduce its

MDTQs, Shipper may reduce its Quarterly MDTQs for the remaining

term of its Rate Schedule FT-2 Service Agreement by either (a) a

quantity equal to the difference between the average daily

capacity actually utilized by Shipper during the Contract Year and

Shipper's average MDTQ for such Contract Year or (b) a quantity

equal to the percentage decrease in capacity actually utilized

during the Contract Year compared to Shipper's MDTQ for that

Contract Year. MDTQ reductions will take effect April 1st of the

Contract Year following Contract Year in which the throughput

commitment was not satisfied.

11.3 If Shipper elects to pay the conditional reservation charge

calculated in accordance with Section 8.2(e) of this Rate Schedule

then such charges shall be paid in accordance with Section 8.2 of

the GT&C of Transporter's Tariff. If Shipper fails to pay the

conditional reservation charge when due under GT&C Section 8.2,

Shipper shall pay interest and be subject to suspension of

transportation per Sections 8.3 and 8.4 of the General Terms and

Conditions.

12. INCREASES IN CAPACITY

12.1 Shipper, at any time, and subject to compliance with the

requirements of Sections 3.2, 3.3, 3.4, and 3.5 of this Rate

Schedule may, in accordance with the Notice provisions of Section

9 of the GT&C of Transporter's Tariff, request an increase in its

MDTQs under its existing Rate Schedule FT-2 Service Agreement to

become effective on the first Day of any Contract Quarter. If the

Request is valid under Section 10 of the GT&C of Transporter's

Tariff and firm capacity is available,