Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective

Original Sheet No. 535 Original Sheet No. 535 : Effective



Applicable to Agreements Executed After April 1, 2002

Firm Transportation Service - Market Area (continued)



5.3 For a Shipper in the business of generating and distributing electricity


and who sign a Service Agreement with a term of twenty (20) years or more, in the


event of the enactment of any statute or the issuance of any order, rule, or regulation by a


state or federal governmental authority that changes the electric market structure in the State


of Florida, Shipper shall have the right, upon three (3) years prior written notice to


Transporter, to terminate that portion of the firm quantity provided for in Shipper's Service


Agreement utilized for electric generation at any time after the tenth anniversary of the


commencement of the primary term of the Shipper's Service Agreement.


5.4 Shipper may buy out of a Service Agreement for all or a portion of its


transportation capacity ("MDTQ") thereunder, at any time, by paying Transporter the net present


value of Shipper's remaining reservation charge obligations for such capacity, discounted at a


reasonable rate to be mutually agreed upon by the parties at the time of such buy-out.