Texas Gas Transmission, LLC

Third Revised Volume No. 1

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Effective Date: 09/15/2008, Docket: RP08-392-000, Status: Effective

Original Sheet No. 2808 Original Sheet No. 2808 GENERAL TERMS AND CONDITIONS Section 16 (Cont'd) (v) Whether one part, volumetric rate bids will be accepted; (vi) Whether capacity is offered on a permanent or temporary basis; (vii) If capacity is offered on a temporary basis, the effective date and term of the release. If capacity is offered on a permanent basis, the length of the remaining term of the service agreement under which capacity is being offered for release and assignment; (viii) Whether Releasing Customer will retain a right of recall and the terms and conditions of such right of recall; and if recallable, the methods and rights associated with returning the previously recalled capacity to the Replacement shipper; (ix) Whether the Releasing Customer will accept contingent bids, and if so, what contingencies will be accepted, how such contingencies will be closed and if such contingencies are not closed, whether the next highest bidder will be obligated to enter into an agreement with the Pipeline for the capacity released; (x) Whether there is a Prearranged Replacement Customer and the terms and conditions that such Prearranged Replacement Customer has agreed to with respect to the capacity offered for release and assignment; (xi) The methodology to be used to determine which bid is the "best bid," as stated in Section 16.3 (e)(i). At Releasing Customer's option and in lieu of choosing one of the "best bid" evaluation methods stated in Section 16.3 (e)(i), Customer may state an alternative bid evaluation method. Such bid evaluation method shall be objectively stated, applicable to all potential bidders and not unduly discriminatory. If Releasing Customer states an alternative bid evaluation method, Pipeline is not held to the bid period timeline in Section 16.4 (d)(i). Releasing Customer must also specify a tie-breaking methodology; (xii) Date and time (in business hours/days) Bidding Period Begins and Ends; and if there is a Prearranged Replacement Customer, date and time period ends for such party to match the best bid if other than that outlined in Section 16.4 (d)(i). Releasing Customer will not be able to specify an extension of the original Bidding Period or the prearranged deal Match Period without posting a new release;