Millennium Pipeline Company, L. L. C.

Original Volume No. 1

Effective Date: 11/01/2009, Docket: RP10-17-000, Status: Effective

Second Revised Sheet No. 48 Second Revised Sheet No. 48

Superseding: First Revised Sheet No. 48

GENERAL TERMS AND CONDITIONS

(Continued)

1.25 "Month" means the period beginning at the start of the first Gas Day of

the calendar month and ending at the same hour on the first Gas Day of the

next succeeding calendar month.

1.26 "NAESB WGQ" means the North American Energy Standards Board Wholesale

Gas Quadrant.

1.27 "NAESB WGQ Standards" means any and all such standards, and references

to the latest set of standards, issued by the NAESB WGQ and approved by the

Commission.

1.28 "Negotiated Rate" means "negotiated rate" as defined in Commission

policy, with respect to the negotiation of rates, rate components, fees,

charges, surcharges, credits, retainage percentages, or formula pertaining to

the same, for service under a Rate Schedule. A Negotiated Rate: (a) must be

mutually agreed to by Transporter and Shipper; (b) may be less than, equal

to, or greater than the Recourse Rate or the minimum rate; (c) may be based

on a rate design other than straight fixed variable; (d) may vary over the

term of the Service Agreement based on a formula; and (e) may include a

minimum quantity.

1.29 "Nomination Cycle" means the timing and activities related to

nominations, capacity allocation, confirmation and scheduled quantities.

Stated times are in C.C.T..