Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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

Original Sheet No. 226 Original Sheet No. 226 : Effective

GENERAL TERMS AND CONDITIONS

17. OBTAINING FIRM CAPACITY, CONTRACT ROLLOVERS AND RIGHT OF FIRST REFUSAL

(Contd.)

17.5 FAVORED NATIONS RIGHTS OF FOUNDATION SHIPPERS AND ANCHOR SHIPPERS

A. An Anchor Shipper's Negotiated reservation rate applicable

to the Capacity awarded prior to the Rockies Express 2006

expansion certificate application shall be no higher than

the lowest Negotiated reservation rate applicable to any

other Shipper under a Firm Transportation Service Agreement

covering the same rate zones and/or facilities, excluding

Negotiated reservation rates applicable to Foundation

Shippers and rates applicable to short-term transactions

(i.e., twelve or fewer consecutive Months) or seasonal

transactions.

B. A Foundation Shipper's Negotiated reservation rate

applicable to the Capacity awarded prior to the Rockies

Express 2006 expansion certificate application shall be the

lowest Negotiated reservation rate contained in any Firm

Transportation Service Agreement applicable to the same rate

zones and/or facilities, excluding rates applicable to

short-term transactions (i.e., twelve or fewer consecutive

Months) or seasonal transactions.

C. Foundation Shippers and Anchor Shippers shall pay any

applicable Commodity or Surcharge rates, and such rates

shall be equal to or lower than those afforded any other

Shipper.