Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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

Original Sheet No. 265 Original Sheet No. 265 : Effective

GENERAL TERMS AND CONDITIONS

36. OPERATIONAL PARAMETERS (Contd.)

36.5 DIRECTIONAL NOTICE (Contd.)

E. (Contd.)

(2) Such notice and posting shall include but not be

limited to: (i) mandated specific actions; (ii)

indication of voluntary actions; (iii) identification

of the parties subject to the Directional Notice; (iv)

the time the Directional Notice will become effective;

(v) the estimated duration of the Directional Notice;

(vi) whether Transporter is over-delivered or under-

delivered; (vii) whether actual net receipts need to

be equal to or greater than actual deliveries, or

actual deliveries need to be equal to or greater than

actual net receipts; (viii) whether or not authorized

Overruns are acceptable; and (ix) 24-hour contact

number for Transporter during the duration of the

Directional Notice.

F. If any Shipper fails to comply with a Directional Notice

(other than those described in Subsection G below) during

any period which is not a Critical Time, it shall be subject

to a penalty of two (2) times the maximum ITS Rate per Dth,

applicable to the Operational Impact Area, times any volume

of Gas, outside of a five percent (5%) tolerance, by which

it deviated from the requirements of the Directional Notice.

A Shipper shall be exempt from such a penalty under this

Section 36.5F to the extent the Directional Notice requires

action beyond Shipper's contract limits under its Agreement

with Transporter.