Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

Effective Date: 04/22/2006, Docket: RP06-275-000, Status: Effective

First Revised Sheet No. 675 First Revised Sheet No. 675 : Effective

Superseding: Original Sheet No. 675

RATE SCHEDULE HFT (Continued)

HOURLY FIRM TRANSPORTATION SERVICE

FORM OF TRANSPORTATION AGREEMENT

The Maximum Daily Contract Quantity is stated in delivered

quantities, for which received quantities must be adjusted for

fuel usage and lost or unaccounted for Gas as set out in the

then-effective, applicable rates and charges under Panhandle's Rate

Schedule HFT.

Exhibit A hereto states the Point(s) of Receipt and Delivery.

Exhibit A may be revised from time to time by written agreement

between Panhandle and Shipper and, as may be revised, is by this

reference incorporated in its entirety into this Agreement and made

an integral part hereof. Shipper's Maximum Daily Contract Quantity

shall be assigned among the primary Point(s) of Receipt set out on

Exhibit A, as well as among the primary Point(s) of Delivery set out

on Exhibit A. Such assignment may be changed, subject to the

availability of capacity, in accordance with the General Terms and

Conditions and Rate Shedule HFT.

Shipper recognizes that no Point(s) of Receipt or Point(s) of

Delivery hereunder shall include a Point(s) of Receipt or Point(s) of

Delivery on Panhandle's Gathering facilities, unless Shipper agrees

to accept a completely separate Gathering service. By designating a

firm Point(s) of Receipt or firm Point(s) of Delivery hereunder which

is located only on Panhandle's Gathering facilities as defined in the

General Terms and Conditions of Panhandle's FERC Gas Tariff, Third

Revised Volume No. 1, Shipper shall be deemed to have requested such

firm Gathering service.

ARTICLE 2 - TERM

This Agreement shall be effective from the date first stated

above. Panhandle shall provide firm Transportation service for

Shipper pursuant to this Agreement for the term stated on

Exhibit A.