Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 08/01/2009, Docket: RP09-737-000, Status: Effective

Ninth Revised Sheet No. 334 Ninth Revised Sheet No. 334

Superseding: Eighth Revised Sheet No. 334

GENERAL TERMS AND CONDITIONS (continued)

(g) Transporter shall only be liable to Releasing Shipper for loss or

damage to Releasing Shipper resulting from mistakes made in

Transporter's determination of the successful Bid on a Release

Request which are the result of Transporter's negligence or

willful misconduct.

(h) For informational purposes only, Transporter shall post on

PASSKEY the identity of the successful bidder and the terms of

the successful bid.

(i) NAESB Standard 5.3.9 (Version 1.8) states: If the transportation

service provider requires amendments for each release, the

transportation service provider should automate the process of

amending contracts and this may be the subject of a global

agreement between the parties.

Prior to the commencement of service pursuant to the Release

Request, Transporter shall prepare and transmit to the successful

Bidder via PASSKEY a Transportation Service Agreement stating the

Transportation Quantity, rates, term, the maximum quantities at

all receipt and delivery points, governing rate schedule, and any

special terms and conditions for the awarded release. Releasing

Shipper's Transportation Service Agreement will be amended via

PASSKEY to reflect that the Releasing Shipper has released all or

a portion of its transportation rights effective as of the date

of the Replacement Shipper's Service Agreement ("Amended Service

Agreement"). Provided that in the event of a recall of the

capacity by the Releasing Shipper in accord with the terms of the

Release Request, the Replacement Shipper's Service Agreement will

be suspended for the period of the recall with all rights and

obligations thereunder reverting to Releasing Shipper under its

Amended Service Agreement.

11.7 Applicable Deadlines

(a) For releases, NAESB Standard 5.3.2 (Version 1.8) provides the

following Bidding Periods:

For biddable releases (less than 1 year):

-- offers should be tendered by 12 p.m. on a Business Day;

-- open season ends no later than 1 p.m. on a Business Day

(evaluation period begins at 1 p.m. during which

contingency is eliminated, determination of best bid is

made, and ties are broken);

-- evaluation period ends and award posting if no match required

at 2 p.m.;

-- match or award is communicated by 2 p.m.;

-- match response by 2:30 p.m.;

-- where match required, award posting by 3 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)