Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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

Original Sheet No. 421 Original Sheet No. 421 : Pending

GENERAL TERMS AND CONDITIONS

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(2) The fixed reservation charge and/or volumetric

charge the Prearranged Shipper has agreed to pay for the released

capacity;

(3) Whether the capacity being released is subject

to recall and/or reput in the Prearranged Release, and if so, the

exact conditions of such recall and/or reput (which conditions must

conform with Sections 19.5 and 19.14); and

(4) The proposed effective date of the Prearranged

Release and the proposed term of the Prearranged Release.

Bids which are contingent on subsequent events (such as the

subsequent purchase of upstream or downstream capacity), and if so,

what events and the last date by which such contingency must be

fulfilled;

(d) Whether the Releasing Shipper will accept Qualified

Bids with longer terms or larger volumes, and if so, what is the

maximum volume and the longest term the Releasing Shipper will

accept;

(e) Whether the Releasing Shipper wants Natural to

actively market its capacity rights subject to the Prearranged

Release pursuant to Section 20 of these General Terms and

Conditions;

(f) The starting date for and the length of time for

the open season (which must conform to Section 19.7) and the length

of time (consistent with Section 19.9(b)) for the Prearranged

Shipper to be able to match a winning Qualified Bid;

(g) Whether the Releasing Shipper will accept Qualified

Bids whose revenues will vary by the volume transported, and if so,

any minimum amount to be billed as a reservation charge even if

there is no flow (or insufficient flow);

(h) Which of the bid evaluation procedures set forth in

Section 19.10 the Shipper wishes to use, if any;