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. 270 Original Sheet No. 270 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

(i) Farm Tap

A Point of Delivery on Panhandle's pipeline system

which is required under the terms of a right-of-way

agreement between the landowner and Panhandle and at

which Gas is delivered under Rate Schedules SCT or

EFT for domestic and/or agricultural use shall be

defined as a Farm Tap. A Shipper's deliveries at a

Farm Tap shall not be subject to the terms set out in

(g) and (h) above but shall be subject to the terms

of (a) and (c) above. Excess receipts and excess

deliveries shall be determined on a basis consistent

with the measurement frequency for the Farm Tap

delivery meters.

(j) Irrigation Tap

A Point of Delivery on Panhandle's pipeline system

which is required under the terms of a right-of-way

agreement between the landowner and Panhandle and at

which Gas is delivered under Rate Schedules EFT or

EIT for purposes of irrigation shall be defined as an

Irrigation Tap. A Shipper's deliveries at an

Irrigation Tap shall not be subject to the terms set

out in (g) and (h) above but shall be subject to the

terms of (a), (b) and (c) above. Excess receipts and

excess deliveries shall be determined on a quarterly,

rather than on a Monthly basis.