Vector Pipeline L.P.

Original Volume No. 1

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Effective Date: 06/01/2005, Docket: RP05-295-000, Status: Effective

Third Revised Sheet No. 214 Third Revised Sheet No. 214 : Effective

Superseding: Substitute Second Revised Sheet No. 214

FORM OF PARK AND LOAN SERVICE AGREEMENT

AGREEMENT FOR PARK AND LOAN SERVICE

VECTOR PIPELINE L.P.

 

Park and Loan Service Agreement No. ______________

 

 

THIS AGREEMENT FOR AUTHORIZED PARK AND LOAN SERVICE of Natural Gas

(hereafter "PALS Agreement" or "Agreement") is made and entered into as of

this _____ day of ______________, ______, by and between:

 

VECTOR PIPELINE L.P.("Transporter"),

 

and

 

____________________ ("Shipper").

 

 

WITNESSETH: That in consideration of the mutual covenants herein the parties

agree as follows:

 

Article I. Governmental Authority

 

1.1 This PALS Agreement is made pursuant to the regulations of the]

Federal Energy Regulatory Commission (Commission) contained in 18

C.F.R. Part 284, as amended from time to time.

 

1.2 This Agreement is subject to all valid legislation with respect to

the subject matters hereof, either state or federal, and to all

valid present and future decisions, orders, rules, regulations and

ordinances of all duly constituted governmental authorities having

jurisdiction.

 

Article II. Quantity of Gas

And Priority of Service

 

2.1 Transporter shall park and/or loan, on an interruptible basis,

quantities of Gas for or to Shipper beginning on the date

specified in Article III, and continuing for the remaining term

specified in Article III, in accordance with the provisions of

Transporter's effective Rate Schedule PALS-1 and the applicable

General Terms and Conditions of Transporter's FERC Gas Tariff.