Ozark Gas Transmission, L. L. C.

First Revised Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-617-000, Status: Effective

Original Sheet No. 213 Original Sheet No. 213

 

FORM OF FIRM STORAGE SERVICE AGREEMENT (continued)

 

ARTICLE V

 

TERM OF AGREEMENT

 

5.1 Subject to the provisions of the General Terms and Conditions

of Transporter's FERC Gas Tariff and of Rate Schedule FSS, this

Agreement shall be effective as of _____________________ and shall

continue for a primary term through _____________________.

 

5.2 Rollover and Right of First Refusal ("ROFR"). This Agreement

shall be subject to the Rollover and ROFR rights set forth in this

Section 5.2 if either of the following two blanks are checked (if

neither blank is checked, the Agreement shall expire at the end of

its primary term):

 

_____ This Agreement has a term of one Year or longer and provides

that service shall be furnished at maximum applicable rates under

Transporter's Tariff. Transporter has not reserved the subject

capacity for an expansion or extension project pursuant to Section

17.5 of the General Terms and Conditions of its Tariff.

 

_____ This Agreement has a term of one Year or longer and

Transporter and Shipper have agreed that this Agreement shall

afford Shipper Rollover and ROFR rights (Transporter shall

negotiate the optional inclusion of Rollover and ROFR rights on a

not unduly discriminatory basis).

 

The term of this Agreement shall automatically be extended

("Rollover") for additional periods of one (1) Year following the

conclusion of the primary term or any extension thereof unless

Shipper notifies Transporter in writing by not later than one

hundred eighty (180) Days prior to the conclusion of the primary

term or any extension thereof that it desires to terminate this

Agreement as of the conclusion of such primary or extended term.

Any such notice shall also state whether Shipper desires to

initiate the ROFR process and, if so, the rates that Shipper

offers to pay, the capacity Shipper desires to retain (not to

exceed the MDQ under this Agreement) and the contract term Shipper

desires under the ROFR process. Upon the receipt of Shipper's

notice, Transporter shall conduct the ROFR process as set forth in

Section 15 of the General Terms and Conditions of its Tariff.