Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

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Effective Date: 09/01/2004, Docket: RP04-426-000, Status: Effective

First Revised Sheet No. 659 First Revised Sheet No. 659 : Effective

Superseding: Original Sheet No. 659

RATE SCHEDULE GPS

GAS PARKING SERVICE

FORM OF SERVICE AGREEMENT

CONTRACT NO. ________

THIS AGREEMENT, made and entered into as of the ______ day of

________________________, ______, by and between:

PANHANDLE EASTERN PIPE LINE COMPANY, LP, (hereinafter called

"Panhandle"), a Delaware Limited Partnership,

and

(hereinafter called "Shipper"),

Shipper represents and warrants that Shipper conforms to the

requirements of 18 C.F.R.

Section 284.102 (284B - Intrastate Pipelines or

Local Distribution Companies) ______

Section 284.221 (284G - Interstate Pipelines and Others) ______

In consideration of the mutual covenants and agreements as herein set

forth, both Panhandle and Shipper covenant and agree as follows:

ARTICLE 1 - SERVICE

1.1 Panhandle agrees to receive Gas for the Parking Account of

Shipper and park, on an interruptible and capacity available basis,

quantities of Natural Gas at any specified Parking point(s) on the

Master Parking Point List as posted on the Messenger system at any

time up to the Maximum Parked Quantity as follows:

Maximum Parked Quantity ________ Dt.

Shipper elects for Panhandle to manage its parking service

at the following Pool Point:

Pool Point Pooling Transportation Agreement

__________ ________________________________

At no time shall Shipper's parked quantity exceed its Maximum

Parked Quantity unless mutually agreed to by both parties in writing.

Parked Quantities are to be delivered in accordance with Shipper's

nominations pursuant to the terms and conditions of this agreement

and Section 2 of Rate Schedule GPS.