Columbia Gulf Transmission Company

Second Revised Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-447-000, Status: Effective

Fourth Revised Sheet No. 196 Fourth Revised Sheet No. 196 : Effective

Superseding: Third Revised Sheet No. 196

GENERAL TERMS AND CONDITIONS (Continued)

clearly state (i) the frequency with which Releasor may recall any released capacity, (ii) the maximum

duration of any such recall, (iii) whether and under what conditions any right of first refusal held by

Releasor is transferred to Replacement Shipper, and (iv) such other terms as Releasor may specify.

Replacement Shipper shall be permitted to make secondary assignments of all or any part of the capacity

contained in its assignment agreement, unless prohibited by the Releasor, that is subject to Releasor's

right to recall, provided, however, that such assignments shall not vary the recall provisions contained

in the original assignment.

(b) Replacement Shipper Release. An Replacement Shipper that desires to release some or all of

its assigned capacity (Replacement Shipper/Secondary Releasor) may release and reassign all or a portion

of the assigned capacity to other parties (Secondary Replacement Shippers) subject to the requirements set

forth in paragraph (a) immediately above. Any such reassignment must satisfy all of the posting, bidding

and notice requirements set forth in this Section, and any Secondary Replacement Shipper must satisfy all

of the creditworthiness and other requirements set forth in this Section. No limitation unless required

by Releasor shall be placed on the number of times service rights that are not subject to recall may be

reassigned, provided, however, that an Replacement Shipper/Secondary Releasor may not assign rights any

greater than the rights it received pursuant to the earlier assignment, and may not place any unreasonable

or discriminatory conditions on such assignments.

(c) For all released capacity subject to recall rights, the following recall notification

periods shall apply:

Timely Recall Notification:

(1) Releasing Shipper recalling capacity shall provide notice of such recall to the

Transporter and the first Replacement Shipper no later than 8:00 a.m. on the day that Timely

nominations are due;

(2) Transporter shall provide notification of such recall to all affected Replacement

Shippers no later than 9:00 a.m. on the day that Timely nominations are due (Central Clock Time);

Early Evening Recall Notification:

(3) Releasing Shipper recalling capacity shall provide notice of such recall to the

Transporter and the first Replacement Shipper no later than 3:00 p.m. on the day that Evening

nominations are due;

(4) Transporter shall provide notification of such recall to all affected Replacement

Shippers no later than 4:00 p.m. on the day that Evening nominations are due (Central Clock Time);

Evening Recall Notification:

(5) Releasing Shipper recalling capacity shall provide notice of such recall to the

Transporter and the first Replacement Shipper no later than 5:00 p.m. on the day that Evening

nominations are due;

(6) Transporter shall provide notification of such recall to all affected Replacement

Shippers no later than 6:00 p.m. on the day that Evening nominations are due (Central Clock Time);