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. 227 Original Sheet No. 227 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

Panhandle shall notify each Shipper not earlier than

45 Days and not later than 30 Days prior to the last

Day Shipper can give timely notice hereunder.

(ii) Upon receipt of the Shipper's notice,

Panhandle shall post on the Messenger system

for a period of 45 Days ("Posting Period") the

Maximum Daily Contract Quantity under the

Shipper's Long-Term Agreement and the

primary Point(s) of Receipt and Point(s) of

Delivery thereunder.