Equitrans, L. P.

Original Volume No. 1

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Effective Date: 11/19/1998, Docket: CP96-532-001, Status: Effective

Original Sheet No. 446 Original Sheet No. 446 : Effective

 

FORM OF STORAGE SERVICE AGREEMENT

FOR RATE SCHEDULES SS-3 AND STS-1

 

ARTICLE VII.

Billing

 

1. As soon as practicable after the last day of each month during the

term of this Agreement, Equitrans will render to Buyer a statement at the

rates provided in Paragraph VII above for services provided by Equitrans under

this Agreement.

 

2. Buyer will make payment to Equitrans within ten (10) business days

of receipt of the statement by wire transfer to Seller's account at Mellon

Bank, N.A.

 

3. If presentation of bills by Equitrans is delayed until after the

tenth (10th) day of the month, the time of payment shall be extended

accordingly unless Buyer is responsible for such delay.

 

4. Should Buyer fail to pay part or all of the amount of any

statement when such amount is due, Equitrans may charge interest on the unpaid

portion of the statement at the rate of one and one-half percent (1-1/2%) per

month, prorated daily, from the due date until the date of payment.

 

ARTICLE VIII.

Termination

 

Upon termination of this Agreement, should any quantities of Buyer's gas

remain in storage with Equitrans, the parties hereto agree that such remaining

quantities shall be returned to Buyer in daily amounts. Said amounts shall be

subject to Equitrans sole discretion and to Buyer's transporter's ability to

redeliver said gas to Buyer; provided, however that unless prevented by reason

of force majeure on Equitrans or Buyer's Designee's systems, all quantities of

Buyer's gas remaining in storage upon termination of this Agreement shall be

redelivered to Buyer within six(6) months of said termination.