Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective

Original Sheet No. 55 Original Sheet No. 55 : Effective

RATE SCHEDULE PALS

6. RATE

6.1 A. For the Park and Loan Service rendered to Shipper under this

Rate Schedule PALS, Shipper shall pay Transporter each Month

the sum of the following charges:

(i) the Initial Charge, which shall be the product of the

Initial Rate multiplied by each unit of Gas tendered

for park or taken for loan during that Month;

(ii) the Park/Loan Balance Charge, which shall be the

product of the Park/Loan Balance Rate multiplied by

each unit of Gas which is parked or loaned under this

Rate Schedule PALS for that Month (such charge shall be

calculated on the basis of the daily ending Balance for

each PALS RO for each Day of the Month); and

(iii) the Completion Charge, which shall be the product of

the Completion Rate multiplied by each unit of Gas

returned to Transporter on completion (payback) of a

loan or received by Shipper on completion (reversal) of

a park that Month.

B. The maximum and minimum rate(s) applicable to this Rate

Schedule PALS are set forth in the Currently Effective Rates

section of this Tariff. On any Day, the sum of the Initial

Rate, the Park/Loan Balance Rate and the Completion Rate

assessed for any park or loan may not exceed the maximum PALS

Initial Rate on a per unit basis.

C. By mutual agreement between Transporter and Shipper, which is

consistent with the pro forma Agreement set out in this

Tariff, discounts or Negotiated Rates may be limited to

specific volumes and/or specific periods.

D. If a Shipper has submitted a Nomination for a payback on a

loan or a withdrawal on a park, and that Nomination is

consistent with the PALS RO but is not confirmed by

Transporter, the Park/Loan Balance Rate shall only be

assessed as if the Nomination had been confirmed.