Ngo Transmission, Inc.

Original Volume No. 1

Effective Date: 11/22/2003, Docket: RP04- 67-000, Status: Effective

Original Sheet No. 90 Original Sheet No. 90 : Effective

10. INVOICING AND PAYMENTS

10.1 Monthly Invoicing Date: Transporter shall prepare invoices

(including imbalance statements) on or before the 9th Business Day

of each Month following the month of service. Invoices may be

rendered by mail, facsimile, hand-delivery or, subject to mutual

agreement, electronically.

10.2 Right of examination: If an invoice is in dispute, Shipper shall

pay the portion not in dispute and provide documentation

identifying the basis for the dispute. Both Transporter and

Shipper shall have the right to examine at any reasonable time the

applicable books and records (or portions thereof) and charts of

the other to the extent necessary to verify the accuracy of any

statement made under or pursuant to the provisions of the service

agreement. Upon receipt of a request, the party will either send

the information relevant to the request to the other party or will

provide the requestor the right to review such information in the

requestor's offices.

10.3 Monthly Payment Date: Shipper (or other payor) shall pay

Transporter, via electronic means as designated on each monthly

bill, so that payment is received and Transporter has available

funds within ten (10) calendar days from the date of the invoice,

for the service purchased by Shipper during the preceding month

and invoiced by Transporter pursuant to this Tariff or the service

agreement. Shipper (or other payor) shall provide to Transporter

supporting documentation with any payment as well as the

appropriate invoice number on the payment(s). Transporter shall

apply the payment pursuant to the supporting documentation

provided. When payment is to be made by electronic funds

transfer, the remittance detail is due within two (2) Business

Days of the payment due date.

10.4 Remedies for Nonpayment: Should Shipper fail to pay all of the

amount of any invoice as herein provided when such amount is due,

Shipper shall pay a Charge for Late Payment. Such Charge for Late

Payment shall be determined by multiplying (a) the unpaid portion

of the invoice, by (b) the ratio of the number of days from the

due date to the date of actual payment to 365, and by (c) the

interest rate determined in accordance with 18 C.F.R. Section

154.501 of the Commission's Regulations. If such failure to pay

continues beyond five (5) days after payment is due, Transporter