Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

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Effective Date: 05/17/2009, Docket: RP09-517-000, Status: Effective

Second Revised Sheet No. 245 Second Revised Sheet No. 245

Superseding: First Revised Sheet No.245

GENERAL TERMS AND CONDITIONS

(Continued)

10. POINTS OF RECEIPT

10.1 A Shipper may designate any Point of Receipt for Gas to

be transported or stored under a firm Rate Schedule.

Each Point of Receipt shall be identified in the Service

Agreement as either a primary or secondary firm Point of

Receipt. The sum of the Quantities of Gas from all

primary firm Points of Receipt, adjusted for Fuel

Reimbursement, specified in the Service Agreement may

not exceed the firm Maximum Daily Contract Quantity

stated in the Service Agreement. Shipper may designate

specific Points of Receipt and/or the Points of Receipt

on Panhandle's Master Receipt Point List (MRPL) as

secondary Points of Receipt. The Quantity of Gas

available at each secondary firm Point of Receipt shall

equal the sum of the Quantities of Gas assigned to the

primary firm Points of Receipt in the same rate zone or,

in the Market Zone, the same mileage segment of the

Market Zone and upstream thereof. In addition, a

Shipper may segment, to the extent operationally

feasible, its Primary Path into two (2) or more discrete

segments for its own use or in connection with a capacity

release pursuant to Section 15 of these General Terms and

Conditions.

10.2 A Shipper may nominate, subject to the provisions of

Sections 4, 8, 9 and 12 herein, Quantities of Gas to be

transported under a firm Rate Schedule from any Point of

Receipt identified in the Service Agreement up to the

Quantity of Gas assigned to such Point of Receipt in the

Service Agreement.

(a) If the Shipper's Service Agreement has not been

released pursuant to Section 15 of these General

Terms and Conditions, the sum of the Quantities of

Gas nominated by the Shipper from any secondary firm

Point(s) of Receipt, together with the sum of the

Quantities of Gas nominated from a primary firm

Point(s) of Receipt, adjusted for Fuel Reimbursement,

shall not exceed the Maximum Daily Contract Quantity

specified in the Shipper's Service Agreement; provided,

however, if the Shipper utilizes two (2) or more

discrete pipeline segments, the sum of the Quantities

of Gas nominated by the Shipper from all Point(s) of

Receipt may exceed the Maximum Daily Contract Quantity

specified in the Service Agreement so long as the

Quantities nominated for transportation in a pipeline

segment do not exceed the Maximum Daily Contract

Quantity applicable to such segment. The Shipper may

segment its Primary Path to forwardhaul and backhaul

Quantities of Gas to the same Point of Receipt. In

such a segmented transaction, the Shipper may exceed

its Maximum Daily Contract Quantity at that Point of

Receipt and the Shipper may nominate Quantities of Gas