Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

Effective Date: 04/05/2010, Docket: RP10-474-000, Status: Effective

Original Sheet No. 88 Original Sheet No. 88

RATE SCHEDULE IBS (continued)

Tax Reimbursement = [Tax Rate x (CIAC - Present Value of Tax

Depreciation)] x [1 + {Tax Rate/(1 - Tax Rate)}]

5.10 A transportation commodity charge and related Fuel and Lost and

Unaccounted-for Gas (FL&U) shall be paid once, but only once, under

the linked transportation Agreement associated with any IBS Balance.

Shipper shall not pay commodity charges and related FL&U for

transportation associated with IBS Payback, except to the extent

transportation charges under the linked transportation Agreement are

required to satisfy the prior sentence and the conditions set forth

in Section 6.3B hereunder. Any ACA, transition cost charges or

other generally applicable surcharges shall also be assessed under

such linked transportation Agreement and no additional such charges

shall be assessed under Rate Schedule IBS.

5.11 A. Transporter shall have the unilateral right to file with any

appropriate regulatory authority and make changes effective in:

(1) the rates, charges, terms and conditions applicable under

this Rate Schedule IBS, including both the level and design of

such rates and charges; and (2) the General Terms and Conditions

of this Tariff. Further, Shippers may submit comments to the

appropriate regulatory authority regarding any such changes that

are proposed by Transporter.

B. If, at any time and from time-to-time, the FERC or any other

governmental authority having jurisdiction in the premises allows

or permits Transporter to collect, or to negotiate to collect, a

higher rate for the service hereunder, the rate shall, subject to

any contrary provision of the IBS Agreement or a separate

discount Agreement, be increased to the highest such rate.

Should additional documentation be required in order for

Transporter to collect such highest rate, Shipper shall execute

or provide such documentation within ten (10) Days after a

written request by Transporter. If, at any time and from time-

to-time, the FERC or any other governmental authority having

jurisdiction in the premises requires Transporter to charge a

lower rate for transportation service hereunder, the rate shall,

subject to any contrary provision of the IBS Agreement or a

separate discount Agreement (including a negotiated rate

agreement), be decreased to such reduced rate.

5.12 All revenues collected and volumes retained by Transporter as a

result of providing service under this Rate Schedule IBS shall be

retained by Transporter unless Transporter has otherwise

specifically agreed or been ordered by FERC to provide for a

different disposition of such amounts.