Bluewater Gas Storage, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

Effective Date: 12/01/2006, Docket: CP06-351-001, Status: Effective

Original Sheet No. 242 Original Sheet No. 242 : Effective

FORM OF SERVICE AGREEMENT FOR

CAPACITY RELEASE UMBRELLA AGREEMENT UNDER

RATE SCHEDULES FSS, NNSS, FP AND FL

(Continued)

ARTICLE II

TERM OF AGREEMENT

The term of this Capacity Release Umbrella Agreement shall

commence on ________ and shall continue in force and effect

until_______ and ____________to _____________thereafter unless this

Capacity Release Umbrella Agreement is terminated as hereinafter

provided. If BLUEWATER determines at any time that Replacement

Customer fails to meet the financial standards or credit criteria of

Section 3 of the General Terms and Conditions, BLUEWATER may terminate

this Capacity Release Umbrella Agreement and all Addenda attached

hereto prospectively in accordance with Section 3 the General Terms

and Conditions of BLUEWATER's FERC Gas Tariff.

ARTICLE III

RATE SCHEDULES

This Capacity Release Umbrella Agreement does not have separate

terms and conditions for particular services, but only provides a

means by which a Replacement Customer may utilize a service subject to

the applicable provisions of the relevant Storage Service Agreement

and the terms and conditions for Rate Schedules FSS, NNSS, FP and FL,

by finalization of a copy of an Addendum attached hereto and fully

incorporated herein as a part of this Capacity Release Umbrella

Agreement.

Replacement Customer agrees that BLUEWATER shall have the

unilateral right to file with the appropriate regulatory authority and

make changes effective in (a) the rates and charges applicable to

service pursuant to this Capacity Release Umbrella Agreement (b) the

terms and conditions of this Capacity Release Umbrella Agreement,

pursuant to which service hereunder is rendered or (c) any provision

of the General Terms and Conditions applicable to this Capacity

Release Umbrella Agreement. BLUEWATER agrees that the Replacement

Customer may protest or contest the aforementioned filings, and the

Replacement Customer does not waive any rights it may have with

respect to such filings.

ARTICLE IV

ADDRESSES

Except as herein otherwise provided or as provided in the General

Terms and Conditions of BLUEWATER's FERC Gas Tariff, any notice,

request, demand, statement, bill or payment provided for in this

Capacity Release Umbrella Agreement, or any notice which any Party may

desire to give to the other, shall be in writing and shall be

considered as duly delivered when mailed by registered, certified, or

regular mail to the post office address of the parties hereto, as the

case may be, as follows: