Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

Effective Date: 06/30/2004, Docket: RP04-321-000, Status: Effective

Original Sheet No. 661 Original Sheet No. 661 : Effective

RATE SCHEDULE GPS (Continued)

GAS PARKING SERVICE

FORM OF SERVICE AGREEMENT

that the rates shall be adjusted in a specified relationship to

Quantities actually parked); or (e) based on published index prices

for specific receipt or delivery points or other agreed upon pricing

reference points for price determination (Such discounted rate may be

based on the published index price point differential or arrived at

by formula. Any service agreement containing an index based discount

will identify what rate component is discounted.); provided, however,

that any such discounted rate set forth above shall be between the

Maximum Rate and Minimum Rate applicable to the service provided

under this Agreement. Any discount(s) shall be effective only on a

prospective basis and as specified in the written agreement between

Panhandle and Shipper.