Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

Effective Date: 04/01/2009, Docket: RP06-200-051, Status: Effective

First Revised Sheet No. 150 First Revised Sheet No. 150

Superseding: Original Sheet No. 150

GENERAL TERMS AND CONDITIONS

11. IMBALANCES, PURCHASE AND SALE OF GAS AND ACQUISITION OF OFF-SYSTEM

CAPACITY (Contd.)

11.3 CASHOUT PROCEDURES (Contd.)

C. (Contd.)

(2) For Gas owed Shipper (positive Imbalances), the MIP

shall be the lowest of the weekly average prices for

the applicable location indicated below for the Month

in which the Imbalance occurred.

Operational Impact Area, as applicable:

Pipeline West or South of

Segment East of: & Including: Index

600-650

100-120 Wamsutter CIG, Rocky Mountains

130-160 Wamsutter Cheyenne Cheyenne Hub

200-290 Cheyenne PEPL-Audrain Northern demarc

County,MO

300-320 PEPL IL / IN Border Chicago city-gates

330-390 IL / IN Border Clarington Columbia Gas, Appalachia

D. Following the period for offsetting Imbalances, Shippers

with remaining Imbalances shall pay Transporter or will be

credited with the appropriate cashout amounts, unless

otherwise agreed to in writing by Transporter.

E. In each instance when a Shipper(s) must cashout its

remaining Operational Impact Area Imbalance(s), Transporter

shall have the right to review the circumstances surrounding

such remaining Imbalance and, in its judgment, may waive all

or a portion of the cashout amount. Any such waiver shall

be granted on a non-discriminatory basis to all Shippers

from whom cashout amounts were collected in that instance.

F. In the event "Natural Gas Week" becomes unavailable,

Transporter shall request authorization from the Commission

to substitute another publication and, upon approval, shall

substitute information posted in the approved publication

for similar indices. The Monthly Index Price shall be

reported on Transporter's Interactive Website no later than

5:00 p.m. CCT on the tenth business Day of the Month

following the production Month.