Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 11/01/2009, Docket: RP10-12-000, Status: Pending

First Revised Sheet No. 106A First Revised Sheet No. 106A

Superseding: Original Sheet No. 106A

GENERAL TERMS AND CONDITIONS

13.2 Resolution of Monthly Imbalances (cont'd)

(c) On or about the tenth (10th) Business Day after the end of

the production month, Transporter shall post on its Internet

Web Site the Net Monthly Imbalance accrued by each Shipper

during the previous month, provided Shipper notifies

Transporter's Transportation Services Department by

submitting a Trading Election Form no later than three (3)

Business Days after the end of the month to post its Net

Monthly Imbalance for said month. After the Net Monthly

Imbalances are posted, a Shipper will have five (5) Business

Days (Trading Period) within which to trade its offsetting

Net Monthly Imbalance with another Shipper. Both Shippers

that agree to trade all or part of their Net Monthly

Imbalance must notify Transporter's Transportation Services

Department in writing on the form of Confirmation of

Agreement to Trade Imbalances by 5:00 p.m. Central Clock

Time on the last day of the Trading Period. [Trading

Election Form and Confirmation of Agreement to Trade

Imbalances Form shall be available for downloading on

Transporter's Internet Web Site.]