Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-926-000, Status: Effective

Third Revised Sheet No. 162B Third Revised Sheet No. 162B

Superseding: Second Revised Sheet No. 162B

GENERAL TERMS AND CONDITIONS

(Continued)

14. SCHEDULING CHARGES AND PENALTIES

(dd) the Rate Schedule LBS Shipper's LBS Undertake

Quantity for that Day, as determined pursuant

to Section 3 of Rate Schedule LBS of

Transporter's Tariff, net of applicable Third-

Party Transportation Use Gas and Third-Party

Injection Use Gas (when the daily quantity

scheduled to be delivered by Transporter to the

Rate Schedule LBS Shipper exceeds the actual

daily quantity delivered by Transporter to the

Rate Schedule LBS Shipper);

(iii) On any day, any of the Shipper's Rate Schedule LBS

Overtake Quantity rights and LBS Undertake Quantity

rights not accounted for by Transporter in the

calculation of Shipper's daily delivery point

imbalances in Section 14.1(b)(ii) for one pool will

then be applied by Transporter to the other pool for

purposes of calculating daily imbalances.

(iv) On any Day, any imbalance remaining in Shipper's FT-1

Pool or FT-2 Pool after netting and the application by

Transporter of Shipper's LBS Undertake Quantity rights

and LBS Overtake Quantity rights, will be subject to

the applicable daily and/or hourly scheduling charges

and penalties as set forth in Transporter's Tariff;

provided further, the scheduling charge shall not be

assessed if the variance occurs solely because of

Transporter's inability to accept or deliver Natural Gas,

whichever is applicable. The scheduling charge shall be an

additional charge equal to the maximum rate in effect under

Rate Schedule IT-2, multiplied by the quantities in excess

of the allowed variance at Point(s) of Receipt and Point(s)

of Delivery as applicable, provided that such charges shall

not be applicable (i) to the extent Shipper is subject to

unauthorized overrun charges pursuant to Rate Schedule(s)

FT-1 or FT-2, as applicable, Section 7 for such quantities

or (ii) to an interruptible Shipper for a Day when its

Scheduled Quantity has been reduced as a result of an

intra-day nomination by a firm Shipper.