Trunkline Gas Company, LLC

Third Revised Volume No. 1

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Effective Date: 06/13/2010, Docket: RP10-731-000, Status: Effective

First Revised Sheet No. 269A First Revised Sheet No. 269A

Superseding: Original Sheet No. 269A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

11. CONTRACT ROLLOVER, RIGHT OF FIRST REFUSAL AND REDUCTION (Continued)

 

(A) Shipper must give timely notice that it wants to continue

service beyond the term of the Long-Term Agreement. For

the notice to be timely, Shipper must notify Trunkline

within the following periods:

 

Months Prior To

Stated Contract Term Contract Expiration

 

2 years or longer Not earlier than 18 Months

and

not later than 12 Months

 

Less than 2 years Not earlier than 9 Months

and

not later than 6 Months

 

Trunkline shall notify each Shipper not earlier than 45

days and not later than 30 days prior to the last day

Shipper can give timely notice hereunder.

 

(B) Shipper shall be permitted to designate a Quantity of Gas

less than its existing MDQ which Shipper wishes to retain

under the Right of First Refusal.

 

(C) Upon receipt of the Shipper's notice, Trunkline shall post

on the Messenger® system for a period of 45 days ("Posting

Period") the Maximum Daily Quantity under the Shipper's

Long-Term Agreement and the primary Point(s) of Receipt and

Point(s) of Delivery thereunder.

 

(D) During the Posting Period Trunkline shall accept requests

for all or a portion of the Shipper's service rights under

the Long-Term Agreement from any prospective Shipper that

has submitted a valid request for service rights in

accordance with the provisions of Section 2 hereof.

 

(E) If, during the Posting Period, Trunkline receives an

acceptable offer for all or a portion of the service rights

under Shipper's Long-Term Agreement, Trunkline shall notify

Shipper in writing of the offer having the greatest

economic value, as defined in Section 10.3 herein;

provided, that for purposes of value comparisons under this

section the rate utilized shall be limited to the Maximum

Rate that can be charged to the existing Shipper. If