Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 02/01/2009, Docket: RP09-255-000, Status: Effective

Second Revised Sheet No. 181 Second Revised Sheet No. 181

Superseding: First Revised Sheet No. 181

GENERAL TERMS AND CONDITIONS

(Continued)

21. CAPACITY RELEASE (Continued)

(4) The Points of Receipt and Points of Delivery at

which Releasing Shipper will release capacity and

the quantity of capacity to be released at each

point;

(5) The period of time or term of the release;

(6) The conditions of Releasing Shipper's right of

recall as well as methods and rights associated

with returning the previously recalled capacity

to the Replacement Shipper, if applicable;

(7) Whether contingent bids will be accepted and when

the contingency must be removed;

(8) The identity of a PRS, if applicable;

(9) Whether the release constitutes "a release to an

asset manager" within the meaning of 18 CFR §

284.8(h)(3), and if so, the volumetric level of

the asset manager's delivery or purchase

obligation and the time periods during which that

obligation is in effect;

(10) Whether the release constitutes "a release to a

marketer participating in a state-regulated

retail access program" within the meaning of 18

CFR § 284.8(h)(4);