Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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

Original Sheet No. 158 Original Sheet No. 158 : Effective

GENERAL TERMS AND CONDITIONS

12. STATEMENTS, BILLING, PAYMENT, RATE DISCOUNT ORDER AND TYPES OF DISCOUNTS

(Contd.)

12.6 RATE DISCOUNT ORDER AND TYPES OF DISCOUNTS (Contd.)

B. Types of Discounts (Contd.)

(7) if one rate component, which was at or below the

applicable maximum rate at the time the discount

Agreement was executed, subsequently exceeds the

applicable maximum rate due to a change in

Transporter's maximum rates so that such rate

component must be adjusted downward to equal the new

applicable maximum rate, then other rate components

may be adjusted upward to achieve the agreed upon

overall rate, so long as none of the resulting rate

components exceed the maximum rate applicable to that

rate component. Such changes to rate components shall

be applied prospectively, commencing with the date a

Commission Order accepts revised tariff sheets;

(8) if the rate is based on published index prices for

specified Receipt or Delivery Points or other agreed-

upon pricing reference points for price determination,

which indices conform to Commission policy and

standards. Such discounted rate may be based on the

differential between published index prices or arrived

at by formula. Such discounted rate: (i) shall not

change the underlying rate design; (ii) shall not

include any minimum bill or minimum take provision

that has the effect of guaranteeing revenue; (iii)

shall in each agreement entered into pursuant hereto,

specify the rate component(s) to be discounted and the

extent thereof; and (iv) shall not exceed the

applicable maximum rate, nor be below the applicable

minimum rate; and/or

(9) to provide for increasing (or decreasing) a discounted

rate for service under one rate schedule to make up

for a decrease (or increase) in the maximum rate for a

separate service provided under another rate schedule,

and any such discount shall specify the rate component

to be discounted.