Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

Effective Date: 07/01/2009, Docket: RP09-627-000, Status: Effective

SEVENTH REVISED SHEET NO. 93 SEVENTH REVISED SHEET NO. 93

Superseding: SIXTH REVISED SHEET NO. 93

GENERAL TERMS AND CONDITIONS (Continued)

maximum capacity to which the Releasing Shipper has a right

under its Gas Transportation Contract.

28.5 Exceptions To Release Notice, Bidding and Allocation

Requirements of This Section 28. To qualify for exceptions to

the Release Notice, bidding, and allocation requirements, the

Replacement Shipper must have executed a Blanket Gas

Transportation Contract for Firm Reserved Service with

Replacement Shippers pursuant to Section 28.11. Once all

contractual requirements have been met, the Releasing Shipper

shall notify Transporter of the terms of the proposed release

transaction via Transporter's Electronic Bulletin Board, or via

EDI, in accordance with that part of the timeline set forth in

Section 28.6(a) applicable to prearranged deals not subject to

bid. Transporter shall endeavor, but shall not be obligated to

administer Release Notices received in writing, and any such

notice must be received by Transporter at least one Business Day

prior to the desired nomination date. The Releasing Shipper's

notice to Transporter shall include all information listed in

Section 28.6(c)(i) -(vii), as well as any other relevant terms

of the proposed release transaction. A CROR relevant to the

Blanket Gas Transportation Contract with Replacement Shipper may

then be obtained from Transporter's EBB. The CROR shall be

activated and available for nomination in accordance with the

timeline set forth in Section 28.6(a).

A Releasing Shipper shall not rollover, extend or in

any way continue such a release unless (i) it satisfies the

criteria specified in Section 28.5(b) or Section 28.5(c), or

(ii) it posts a Release Notice and follows the bidding and

allocation requirements of this Section 28. A Releasing

Shipper may not use the terms of this Section 28.5(a) to

re-release capacity on the same Segment of the pipeline to a

Prearranged Replacement Shipper to which it has released capacity

under the terms of Section 28.5(a) until twenty-eight (28) days

after the earlier release period under this Section 28.5(a) has

ended, unless the Releasing Shipper (i) satisfies the criteria

specified in Section 28.5(b) or Section 28.5(c), or (ii) it

posts a Release Notice and follows the bidding and allocation