Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

Effective Date: 11/01/2010, Docket: RP10-1223-000, Status: Pending

Original Sheet No. 419A Original Sheet No. 419A

GENERAL TERMS AND CONDITIONS

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The bids for the given offer should adhere to the

method specified by the Releasing Shipper. The bidder may bid the

maximum reservation rate, in Natural's tariff, as an alternative to

the method specified by the Releasing Shipper except when the

release is index-based for a term of one (1) Year or less or

utilizes market-based rates.

(k) Under a release of storage capacity, whether the

capacity being released is subject to certain conditions on the sale

and/or repurchase of gas in storage inventory and on there being a

certain amount of gas left in storage at the end of the release and

if so, any such conditions; and