Freebird Gas Storage, L.L.C.

First Revised Volume No. 1

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Effective Date: 03/20/2009, Docket: RP09-373-000, Status: Effective

Original Sheet No. 120A Original Sheet No. 120A

Superseding: perseding Original Sheet No. 120

 

4.6 Bidding and Selection of Replacement Shipper. All bids must

contain the applicable information required in this Section. Any bid

submitted by a Replacement Shipper shall include an e-mail

address for at least one contact person, and it is the Shipper’s

responsibility to update e-mail address information provided to Freebird,

as necessary. A bidder may not have more than one eligible bid for the

same release offer at any time. Bids shall be binding until written or

electronic notice of withdrawal is received by Freebird before the end

of the bid period. Bids cannot be withdrawn after the bid period ends.

Once a bid is withdrawn, that bidder may only submit a new bid pursuant

to that release offer if it is at a higher rate than the withdrawn bid.

Freebird shall evaluate the bids in accordance with the provisions of

this Section and determine the best bid in accordance with the timelines

set forth in Section 4.3 herein. Freebird shall notify Releasing

Shipper, the best bidder, and any Prearranged Shipper of such

determination in accordance with the timelines set forth in Section

4.3 herein. If there is a Prearranged Shipper, it may exercise its

right to match such best bid by providing written notice of such

exercise to Freebird and Releasing Shipper in accordance with the

timelines set forth in Section 4.3 herein. After the Replacement

Shipper is selected, Freebird will finalize an appropriate Addendum

to the Capacity Release Umbrella Agreement in the form contained in

this FERC Gas Tariff. Freebird will provide a copy of this Addendum