Panther Interstate Pipeline Energy, L.L.C.

Original Volume No. 1

Effective Date: 02/01/2004, Docket: CP03-338-001, Status: Effective

Original Sheet No. 14 Original Sheet No. 14 : Effective

GENERAL TERMS AND CONDITIONS

TABLE OF CONTENTS

Sheet

Number

1. Definition of Terms 15

2. Quality 19

3. Measurement 19

4. Measurement Equipment 20

5. Qualification for Service 22

6. Credit Requirements 24

7. Termination of Agreements 28

8. Operational Flow Orders 30

9. Scheduling of Receipts and Deliveries 32

10. Invoicing, Payments, and Penalty Revenue Crediting 39

11. Temporary Release or Permanent Assignment of Rights to

Firm Transportation Service 42

12. Possession of Gas 48

13. Warranty of Title to Gas 48

14. Pressures and Availability of Delivery Points 49

15. Excuse of Performance and Remedies 49

16. Notices and Communications 50

17. Modification 51

18. Waivers and Future Default 51

19. Applicable Regulations 52

20. Code Compliance 52

21. Web Site Access and Complaints 52

22. Construction of Facilities 53

23. Incorporation in Rate Schedules and Service Agreements 53

24 Operational Purchases and Sales of Gas 53

25. Successors and Assigns 54

26. Negotiated Rates 54

27. Acquired Capacity 56

28. ACA Charge 57

29. North American Industries Standards Board (NAESB) Standards 58