Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 09/01/2003, Docket: RP03-554-000, Status: Effective

Fifth Revised Sheet No. 120 Fifth Revised Sheet No. 120 : Effective

Superseding: Fourth Revised Sheet No. 120

RATE SCHEDULE T-1

FIRM SERVICE

5. RIGHT OF FIRST REFUSAL (Continued)

5.1 Service Continuation (Continued)

5.12 Shipper agrees to match, the term of the Best Bid,

the Best Bid, as described in Subsection 5.23, for

the firm service being provided to Shipper, which

Company has offered in accordance with

Subsection 5.2, provided that Shipper executes an

amendment to its Service Agreement reflecting the

terms matched.

A Shipper with an expiring Service Agreement that

had a primary term greater than one year at the

Maximum Rate is not required to match a rate higher

than the currently effective Maximum Rate in order

to retain its contracted capacity.

If Shipper does not elect to continue service for

all or part of Shipper's contracted capacity in

accordance with Subsection 5.11 and Shipper elects

to reserve its right to continue service in

accordance with this Subsection, Shipper must so

notify Company of its election, within ten business

days of receiving notice from Company of Company's

intent to terminate in total or in part the Service

Agreement. Upon receipt of the notice of Shipper's

election under this Subsection, Company will post

the capacity in accordance with Subsection 5.21. In

the event that Shipper does not notify Company of an

election pursuant to either Subsection 5.11 or this

Subsection, Company shall post, without a right of

first refusal, all of Shipper's capacity for Bids in

accordance with Subsection 26.2(a), or;