Central Kentucky Transmission Company

Original Volume No. 1

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Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective

Original Sheet No. 198 Original Sheet No. 198 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

22. POSSESSION OF GAS

After Shipper delivers gas or causes gas to be delivered to

Transporter at the point of receipt specified in the Service Agreement,

Transporter shall be deemed to be in control and possession of the gas

until thermally equivalent quantities (less Retainage) are redelivered to

Shipper or for the account of Shipper at the point of delivery. Shipper

shall have no responsibility with respect to any gas deliverable by

Transporter or on account of anything which may be done, happen, or arise

with respect to such gas until Transporter delivers such gas to Shipper or

for the account of Shipper. Transporter shall have no responsibility with

respect to such gas before Shipper delivers or causes such gas to be

delivered to Transporter or after Transporter redelivers such gas to

Shipper or for the account of Shipper, or on account of anything which may

be done, happen, or arise with respect to such gas before such delivery or

after such redelivery.