Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective

Third Revised Sheet No. 80N Third Revised Sheet No. 80N

Superseding: Second Revised Sheet No. 80N

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9.7 (Continued)

 

(n) whether the Releasing Shipper is willing to accept contingent

bids.

 

(o) Releasing Shipper shall elect one of the following:

 

(i) establish minimum terms of the release and display them

on the electronic bulletin board;

 

(ii) establish minimum terms of the release and keep such

terms confidential (i.e., not post them on the

electronic bulletin board) but Bidding Shipper will be

informed on the electronic bulletin board that minimums

have been established;

 

(iii) establish no minimum terms; Releasing Shipper will

accept highest bid received for the release.

 

(p) any other applicable conditions of the release.

 

9.8 Posting the Results of Prearranged Releases. With respect to a

prearranged release which is not subject to an open season,

Transporter shall post notice of completed transactions pursuant to

Section 9.15 hereof of such release within two Business Days after

the transaction commences.

 

9.9 Notice by Shipper Electing to Release Capacity on Prearranged

Release Basis and Confirmation of Bid by Prearranged Shipper. The

Releasing Shipper shall deliver a notice of a prearranged release

via Transporter's electronic bulletin board or via an Electronic

Data Interchange ("EDI") upload of the prearranged deal utilizing

the NAESB Standard data sets. Likewise, the prearranged Shipper must

confirm its bid electronically either interactively on the

electronic bulletin board or via an EDI upload of the confirmation

utilizing the NAESB Standard data sets. The offer upload bidder

confirmation and quick response process should support the

association of a replacement capacity contract with another contract

for balancing or related purposes. The support for this process

between parties should be on a mutually agreeable basis. (NAESB

Standard 5.3.30) The electronic bulletin board notice shall set

forth the following information: