Liberty Gas Storage, LLC

Original Volume No. 1

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Effective Date: 04/15/2007, Docket: RP07-357-000, Status: Effective

Original Sheet No. 28 Original Sheet No. 28 : Effective

 

SFS RATE SCHEDULE SECONDARY FIRM STORAGE SERVICE

(Continued)

8. EXPIRATION OF TERM

At least ten (10) Business Days prior to the end of the primary term or any

renewed term of the Customer's Secondary Firm Storage Service Agreement,

Liberty shall notify Customer to withdraw all of the SFS Gas quantities held in

storage by Liberty for the account of Customer. Liberty's notice to Customer

may be given orally, but shall be confirmed in writing via e-mail or facsimile

to the Customer. Before the end of the contract term, Customer must either

physically withdraw the Gas or indicate to Liberty in writing that it desires

to have Liberty cash out the Gas on mutually agreeable terms. If, by midnight

on the last Day of the contract term, the Customer neither has withdrawn the

Gas or indicated in writing to Liberty that it desires to exercise the cash out

option, then Liberty may take, free and clear of any adverse claims, title to

such SFS storage quantities as Customer was required to withdraw or cash out;

provided, however, that if Customer was unable to withdraw its SFS Gas

quantities due to an interruption of Customer's withdrawal service during the

last ten Days before termination, Customer shall be allowed to withdraw its Gas

within a reasonable period following the end of the contract term.

In the event that Liberty retains and takes title to any of Customer's Gas

pursuant to this Section, Liberty shall dispose of such Gas by auction and

shall credit the net proceeds received from such auction in accordance with the

provisions of Section 33 of the General Terms and Conditions of this FERC Gas

Tariff.

9. GENERAL TERMS AND CONDITIONS

Applicable provisions of the General Terms and Conditions of this FERC Gas

Tariff, as such provisions may be amended from time to time, are hereby

incorporated by reference and made a part of this SFS Rate Schedule, where

applicable, and shall supplement the terms and conditions governing service

rendered hereunder, as though stated herein; provided, however, that in the

event of any inconsistency, the terms of this SFS Rate Schedule shall control.