Venice Gathering System, L. L. C.

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-475-001, Status: Effective

Substitute First Revised Sheet No. 123A Substitute First Revised Sheet No. 123A : Effective

Superseding: First Revised Sheet No. 123A

GENERAL TERMS AND CONDITIONS

(Continued)

2. For pre-arranged, non-biddable releases, the following

schedule shall be effective:

Timely Nomination Cycle:

- posting of prearranged deals not subject to bid are

due by 10:30 a.m.;

- contract issued within one hour of award posting

(with a new contract number, when applicable)

nomination possible beginning at the next available

nomination cycle for the effective date of the

contract (Central Clock Time)

Evening Nomination Cycle:

- posting of prearranged deals not subject to bid are

due by 5:00 p.m.;

- contract issued within one hour of award posting

(with a new contract number, when applicable);

nomination possible beginning at the next available

nomination cycle for the effective date of the

contract (Central Clock Time)

Intra-Day 1 Nomination Cycle:

- posting of prearranged deals not subject to bid are

due by 9:00 A.M;

- contract issued within one hour of award posting (with

a new contract number, when applicable); nomination

possible beginning at the next available nomination

cycle for the effective date of the contract (Central

Clock Time)

Intra-Day 2 Nomination Cycle:

- posting of prearranged deals not subject to bid are

due by 4:00 P.M.;

- contract issued within one hour of award posting (with

a new contract number, when applicable); nomination

possible beginning at the next available nomination

cycle for the effective date of the contract (Central

Clock Time).

For all nomination cycles, Replacement Shippers must return

an executed Confirmation letter or FTS-1 Service Agreement

prior to gas flow.