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

First Revised Sheet No. 248 First Revised Sheet No. 248

Superseding: Original Sheet No. 248

GENERAL TERMS AND CONDITIONS

(Continued)

and Conditions. If the Quantities have equal

priority and the sum of the Quantities cannot be

scheduled, the Quantities shall be scheduled

pro-rata unless the Releasing Shipper specifies

otherwise in its release notice.

(c) If the Shipper's Service Agreement has been released

entirely to a Replacement Shipper pursuant to Section

15 of these General Terms and Conditions, the

Replacement Shipper may nominate Quantities at

Point(s) of Receipt to the same extent the Releasing

Shipper could have if the Service Agreement had not

been released.

(d) If a Shipper nominates Quantities of Gas for

transportation from a secondary firm Point(s) of

Receipt, Shipper shall retain its priority at the

primary firm Point(s) of Receipt designated in the