Carolina Gas Transmission Corporation

Original Volume No. 1

Effective Date: 02/25/2009, Docket: RP09-296-000, Status: Effective

First Revised Sheet No. 110 First Revised Sheet No. 110

Superseding: Original Sheet No. 110

“Median Price” shall mean the median of: (i) the prices published by

the following gas commodity trade publications for the applicable

Month; and (ii) the first weekly or first of the month prices published

by such publications for the Month following the applicable Month:

(a) Natural Gas Intelligence Weekly Gas Price Index, Louisiana,

Southern Natural;

(b) Inside F.E.R.C.’s Gas Market Report, Southern Natural Gas

Co., Louisiana, Index;

Transco St. 65; and

(d) Inside F.E.R.C.’s Gas Market Report, Transcontinental Gas

Pipe Line Corp., Zone 3, Index.

With respect to the Natural Gas Intelligence Weekly Gas Price Index,

Pipeline will use each of the weekly prices published during the

applicable Month and the first weekly prices published the following

Month. With respect to Inside F.E.R.C.’s Gas Market Report, Pipeline

will use the first of the month prices published for the applicable

Month and the Month following. In the event that an index ceases to be

published, Pipeline will post on its Internet Website a replacement

index, and will file to amend its Tariff to reflect such index.

“Mitigation Costs” shall mean an amount calculated in GT&Cs Section

28.1(b) to be compared to Shared Revenues for purposes of determining

transportation revenue sharing credits under GT&Cs Section 28.

“Month” shall mean the period beginning at 9:00 A.M. CCT, on the first

day of a calendar month, and ending at the same hour on the first day

of the next succeeding calendar month.

“NAESB” shall mean the North American Energy Standards Board, or a

successor organization.

“Negative Imbalance” shall mean deliveries of gas in excess of

receipts.

“Negotiated Rate” shall mean a rate or formula for computing a rate for

service subject to Part 284 of the Commission’s regulations that may be

greater than, the Recourse Rate or based on a rate design other than

straight fixed-variable. A Negotiated Rate must be mutually agreed on

by Pipeline and Shipper.