El Paso Natural Gas Company

Second Revised Volume No. 1A

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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

Second Revised Sheet No. 482 Second Revised Sheet No. 482

Superseding: First Revised Sheet No. 482

 

FORM OF MASTER AGREEMENT

APPLICABLE TO PARKING AND LENDING SERVICE

UNDER RATE SCHEDULE PAL

 

 

The Parties identified below, in consideration of their mutual promises, agree

as follows:

 

1. Transporter: EL PASO NATURAL GAS COMPANY

 

2. Shipper: ______________________________

 

3. Applicable Tariff: El Paso's FERC Gas Tariff Second Revised Volume No.

1A, as the same may be amended or superseded from time to time.

 

4. Agreement: Subject to the terms, conditions and limitations hereof, El

Paso shall provide interruptible parking and lending service for Shipper

as described below. This Master PAL Agreement and all future executed

PAL Service Agreements ("PALSA") between Shipper and El Paso will

comprise the contractual agreement of the parties. If the Master PAL

Agreement terminates, all related PALSAs will be deemed terminated on

the same date.

 

5. Changes in Rates and Terms: El Paso shall have the right to propose to

the FERC such changes in its rates and terms of service as it deems

necessary, and this Agreement shall be deemed to include any changes

which are made effective pursuant to FERC order or regulation or

provisions of law, without prejudice to Shipper's right to protest the

same.

 

6. Rates and Surcharges: The rate, quantity and PAL Point(s) applicable to

service under this Master Agreement are as set forth in the executed

PALSA(s). Shipper shall pay the applicable maximum tariff rate unless

otherwise provided. El Paso and Shipper may mutually agree to a

discounted rate pursuant to the rate provisions of Rate Schedule PAL.

 

7. Term of Agreement: Beginning: _________________

Extending through: _______________

 

This agreement shall continue in full force and effect from _______ to

_______ and thereafter unless terminated by written notice from one

Party to the other upon _______ notice.