Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

Effective Date: 05/16/2010, Docket: RP10-611-000, Status: Effective

Third Revised Sheet No. 636 Third Revised Sheet No. 636

Superseding: Second Revised Sheet No. 636

RATE SCHEDULE FS

FLEXIBLE STORAGE SERVICE

FORM OF STORAGE AGREEMENT

THIS STORAGE AGREEMENT, made and entered into this day of

______________, ______, by and between PANHANDLE EASTERN PIPE LINE

COMPANY, LP ("Panhandle"), a Delaware Limited Partnership, and

("Shipper"),

W I T N E S S E T H:

WHEREAS, Panhandle has available underground Gas storage

capacity; and

WHEREAS, Shipper desires to purchase and Panhandle desires to

provide certain storage and transportation service.

NOW, THEREFORE, Panhandle and Shipper do mutually agree as

follows:

ARTICLE 1

DELIVERY OF THE STORED VOLUME

1.1 Shipper hereby agrees to purchase the storage service

offered by Panhandle hereunder and desires to have the volumes

hereinafter set forth (Stored Volume) injected into the storage

facilities identified below for Shipper's account during the term hereof,

up to the Maximum Stored Quantity, set out below, which shall be the

maximum inventory Shipper may have injected into storage during the

Injection Period as defined below and maintained in storage hereunder at

any given time. Stored Volumes are to be withdrawn from storage and

delivered to Shipper during the Withdrawal Period as defined below

pursuant to the terms and conditions of this Storage Agreement, all in

accordance with Section 2 of Rate Schedule FS and as restricted by the

volumes and percentages set out below.

This contract is for Market Area Storage ________

This contract is for Field Area Storage ________

For each specified period of the Agreement:

Effective from: ____________ Through: ___________

Maximum Stored Quantity _____________ Dt.

Maximum Daily Injection Quantity _____________ Dt./Day

Maximum Daily Withdrawal Quantity _____________ Dt./Day

Storage Point Number ___________