Freebird Gas Storage, L.L.C.

First Revised Volume No. 1

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Effective Date: 10/01/2008, Docket: RP08-304-000, Status: Effective

Original Sheet No. 214 Original Sheet No. 214 : Suspended

 

Are there any restrictions on released capacity? Yes_____ No_____

Restrictions (if applicable):

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

 

Was Freebird’s default bid evaluation criteria used? Yes_____ No_____

Evaluation Criteria (if applicable):

 

Were contingent bids accepted? Yes_____ No_____

Contingency comments (if applicable):

 

 

Other Terms and Conditions of Release (e.g., restrictions on release, third

party agent and terms of third party agency relationship, and agreements

between Replacement Shipper and Releasing Shipper)

 

 

 

SECURITY INTEREST: In addition to, and not in substitution for, any lien

created in favor of Freebird pursuant to Ala. Code § 7-7-101, et seq., or any

other law, Replacement Shipper grants to and in favor of Freebird a security

interest in Replacement Shipper’s storage Inventory (whether delivered to

freebird on the effective date hereof or any date thereafter) and all proceeds

related thereto (including, without limitation, insurance proceeds related to

damage OR loss OF storage inventory) as security for payment of all fees and

other amounts owed by Replacement Shipper to Freebird. Such security interest

shall be a first priority security interest and Replacement Shipper shall

cause all other holders of a security interest in such storage Inventory to

deliver to Freebird an acknowledgement (satisfactory to Freebird in its

reasonable discretion) that Freebird’s interest is of first priority.

 

 

This Addendum entered into, pursuant to Freebird’s capacity release program

and to the executed Capacity Release Umbrella Agreement between Freebird and

the Replacement Shipper, is hereby made a part of and subject to the

aforementioned Capacity Release Umbrella Agreement.

 

FREEBIRD GAS STORAGE, LLC

By: Enstor Operating Company, LLC, its Manager

By: ____________________________________________

Patrick DeVille

Vice President, Marketing