Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

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Effective Date: 05/14/2010, Docket: RP10-602-000, Status: Effective

Fourth Revised Sheet No. 310 Fourth Revised Sheet No. 310

Superseding: Third Revised Sheet No. 310

GENERAL TERMS AND CONDITIONS (Continued)

37. TAKE-OR-PAY BUYOUT AND BUYDOWN COST RECOVERY MECHANISM

(For Filings Submitted to FERC After November 1, 1990) (Continued)

recovery period will be determined and specified by Transporter at

the time of filing for authority to implement such rates based on

dollar amounts paid by Transporter pursuant to Subsection 37.2.2

hereof. The "First Total Recovery Period" under Section 37 shall

begin January 17, 1991, for service rendered on and after that

date, and continue thereafter through January 16, 1996.

37.2.2 Payments to Producer/Suppliers - The dollar amounts paid

by Transporter to any of its producers/suppliers which constitute

buyout/buydown payments. Such payments will include payments made

pursuant to order(s) or settlement(s) with respect to gas purchase

contracts which are or were the subject of litigation before

court(s) and/or arbitration proceedings as of March 31, 1989.

Such payments shall also include known and measurable

buyout/buydown amounts for which a filing is submitted to FERC.

Transporter's monthly billings to its customers shall contain, as

applicable, a separately stated fixed monthly surcharge and/or

throughput surcharge providing for the recovery of all or a

portion of Transporter's buyout/buydown costs, plus appropriate

carrying charges. Carrying charges shall be the quarterly

interest rate published by the FERC and computed in accordance

with Section 154.501 of the FERC's Regulations.

37.2.3 Amortized Amounts - The amount of payments to

producer/suppliers subject to amortization shall be determined by

Transporter pursuant to order(s) or settlement(s) with respect to

the aforesaid gas purchase contracts which are or were the subject

of litigation before court(s) and/or arbitration proceedings as of

March 31, 1989 and other known and measurable amounts for which a

filing is submitted to FERC.

37.2.4 Throughput Surcharge - A throughput delivery surcharge

reflected on the Statement of Rates tariff sheet(s) contained in

Transporter's FERC Gas Tariff, Second Revised Volume No. 1.