Columbia Gulf Transmission Company

Second Revised Volume No. 1

Effective Date: 10/01/2002, Docket: RP02-475-000, Status: Effective

Fifth Revised Sheet No. 195 Fifth Revised Sheet No. 195 : Effective

Superseding: Fourth Revised Sheet No. 195

GENERAL TERMS AND CONDITIONS (Continued)

14.5 Assignment Agreements.

(a) For all transactions pursuant to this Section 14, Transporter shall electronically

transmit an Assignment Agreement upon receipt of Replacement Shipper's electronic confirmation reflecting

the terms of the Release Notice to Replacement Shipper in accordance with the Capacity Release timeline

under Section 14.(c) above.

(b) Transporter and Replacement Shipper shall execute the Assignment Agreement in

substantially the form contained in this Tariff; provided that such an Agreement shall be executed

electronically where an executed contract is required within five business days of its transmission by

Transporter. That Assignment Agreement shall contain all terms and conditions of the release and

assignment; provided that such terms and conditions are identical to those set forth in the underlying

Release Notice. Where electronic contracting is required as described immediately above, all Replacement

Shippers must have executed an Electronic Contracting Agreement in accordance with the electronic

contracting procedures specified in Section 5.7 of the General Terms and Conditions. All Replacement

Shippers must appear on Transporter's Approved Bidders List, which list shall indicate Bidders that have

executed an Electronic Contracting Agreement. Service will not be provided unless the Assignment

Agreement has been properly executed. If the Replacement Shipper does not return such agreement within

two business days of Transporter's tender (or such later date established by Releasor through notice to

Transporter and Replacement Shipper), Transporter will tender an Assignment Agreement to the next highest

acceptable bidder, if any.

14.6 Implementation; Receipt and Delivery Points. Following acceptance of a bid for assignment and

execution of an assignment agreement, Transporter will accept nominations or requests for alternate

receipt or delivery points for the assigned capacity. Replacement Shippers may not, however, exercise

flexible receipt and delivery point authority at primary points unless such exercise is agreed to in

writing by Releasor. Quantities flowing under assigned service rights shall have the same priority as

those quantities had under the applicable underlying service agreement originally entered into by Releasor

and Transporter, and that priority shall be unaffected by whether or not the assignment is subject to

recall, as described at Section 14.7 below.

14.7 Recall; Reassignment of Assigned Service Rights.

(a) Agreements Subject to Recall. Releasors shall be permitted to specify as a condition

for releasing capacity the right to recall that assigned capacity upon notice to Transporter and to

Replacement Shipper. Any such recall provision must be included in the Release Notice originally

submitted by Releasor and in the assignment agreement executed following assignment of the capacity. The

Release Notice and the assignment agreement governing the assigned capacity shall