Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

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Effective Date: 06/30/2004, Docket: RP04-321-000, Status: Effective

Original Sheet No. 223 Original Sheet No. 223 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

(3) Panhandle declines to tender a Service Agreement, this

payment shall be refunded with carrying charges. If

Shipper's request expires, as set forth in Section 7,

Shipper's payment shall be non-refundable.

6.10 If any information provided by Shipper pursuant to this

Section 6 changes, Shipper shall be obligated to provide

prompt written notice of such changes to Panhandle.

6.11 If Panhandle tenders a Service Agreement within ninety

(90) Days of the date Shipper submits a valid request for

service, Shipper shall have thirty (30) Days from the date

the Service Agreement is sent to execute the Service

Agreement, as set forth in Section 7.1 of these General

Terms and Conditions. If Panhandle does not tender a

Service Agreement within ninety (90) Days, Shipper's

request shall be deemed to be null and void and of no

further effect without prejudice to the Shipper's rights

to submit a new request for service rights, and Shipper's

payment pursuant to Section 6.9 shall be refunded with

carrying charges.