Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 80 Original Sheet No. 80 : Pending

RATE SCHEDULE FTS

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(a) The Inclusive Reservation rate hereunder shall be a

rate which includes all applicable base reservation rates and the

reservation surcharges under Section 21 of the General Terms and

Conditions (858 Surcharges). The Inclusive Reservation rate may not

exceed the applicable maximum Inclusive Reservation rate and may not

be less than the applicable minimum Inclusive Reservation rate under

this provision; provided, however, that nothing herein shall

preclude a negotiated rate at a different level under Section 49 of

the General Terms and Conditions of this Tariff.

(b) The applicable maximum Inclusive Reservation rate

for any Agreement shall be the sum of the applicable maximum base

reservation rate and 858 Surcharge rate. If a Shipper is exempt

from 858 Surcharges, the applicable maximum Inclusive Reservation

rate for that Shipper shall be reduced accordingly. If the

applicable maximum rate for any of these components changes, the

applicable maximum Inclusive Reservation rate shall change by

recalculation of the sum of these components.

(c) In the event that Shipper and Natural agree on a

discounted Inclusive Reservation rate, the Inclusive Reservation

rate shall be deemed to consist of the applicable maximum 858

Surcharge with the discounted base reservation rate being calculated

from the Inclusive Reservation rate after subtraction of those

components. If the Inclusive Reservation rate is less than the

applicable maximum rate for the 858 Surcharge component, the

discount shall be deemed to apply first to the reservation rate and

then to the 858 Surcharge. If the level of the applicable maximum

rate for any rate component changes, the level of the various

discounted component(s) shall be recalculated. The discounted

Inclusive Reservation rate may not be less than the sum of the

applicable minimum Reservation rates for these rate components.

(d) The Inclusive Reservation rate hereunder shall be

billed as a monthly demand rate applied to the MDQ of the Agreement.