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. 453 Original Sheet No. 453 : Pending

GENERAL TERMS AND CONDITIONS

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Rate or Negotiated Rate Formula or the value of that bid utilizing

the Recourse Rate in lieu of the Negotiated Rate or Negotiated Rate

Formula consistent with said Section 49. A bidder may only submit a

Negotiated Rate or Negotiated Rate Formula bid with the prior

written agreement of Natural or if the existing Agreement contains a

Negotiated Rate or Negotiated Rate Formula provision in the same

rate form.

(b) To exercise the Right of First Refusal, Shipper

must provide Natural with notice of its intent to do so in a form

specified by Natural and must submit such notice on or before the

later of: (i) six (6) months prior to the expiration of the

existing Agreement; or (ii) one (1) month after receiving written

notice from Natural that the Shipper may utilize these Right of

First Refusal procedures; provided, however, that a Right of First

Refusal may not be exercised later than three (3) months prior to

the expiration of the Agreement unless mutually agreed between

Natural and the Shipper. The Shipper's notice must specify a

desired term of service and the desired MDQ in total and at each

primary point. If the requested MDQ is greater than the existing

MDQ in total and at each primary point, any such increase shall be

treated as a request for new service under the applicable Rate

Schedule and only the original MDQ shall be subject to the Right of

First Refusal under this Section. The Right of First Refusal may

apply to a portion of the original Shipper's then effective service.

Any notice specifying a decrease in MDQ in total or at any point

shall not affect the existing Agreement during its remaining term.

Natural is not obligated to accept any notice which specifies a

primary point path which results in a reduced rate as compared with

the primary point path in the existing Agreement; provided, however,

that a Shipper shall have the one-time right to adjust its path to

the extent provided in Appendix C to the "Stipulation and Agreement

on Reserved Issues" filed February 8, 1995 in Docket No. RP93-36.

(c) Within fifteen (15) days after receipt of a notice

under Section 22.3(b), Natural shall post on the Informational

Postings portion of its Interactive Website an Announcement of

Capacity Availability Subject to Right of First Refusal (Capacity

Announcement) which shall: (i) specify the original Shipper's

service rights; (ii) indicate the availability of such service as of

the date the existing Agreement expires, subject to the Right of

First Refusal; (iii) state the maximum rate applicable to such

service; (iv) set out any other information required by this

Section; and (v) solicit bids for such service. Such Capacity

Announcement shall be maintained, and bids accepted via Natural's

Interactive Website or other mutually agreed means, for a period of

one (1) month from the initial posting.