Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

Effective Date: 11/01/2008, Docket: RP08-436-000, Status: Effective

First Revised Sheet No. 118A First Revised Sheet No. 118A

Superseding: Original Revised Sheet No. 118A

GENERAL TERMS AND CONDITIONS

(b) Stingray may elect, on a nondiscriminatory basis, to

pay all or a portion of the costs of the facilities

constructed pursuant to subsection (a) above if

Stingray determines that the construction of such

facilities is economically beneficial to Stingray.

For purposes of determining whether a project is

beneficial, Stingray will evaluate projects on the

basis of various economic criteria, which will include

the estimated transportation throughput, cost of the

facilities, operating and maintenance as well as

administrative and general expenses attributable to

the facilities, the revenues Stingray estimates will

be generated as a result of such construction, and the

availability of capital funds on terms and conditions

acceptable to Stingray. In estimating the revenues to

be generated, Stingray will base those revenues upon

transportation rates it expects to be able to charge,

exclusive of any surcharges such as ACA and the Event

Surcharge, and the projected incremental volumes which

will result from the project.

installation of Delivery Point facilities within

sixty (60) Days after receiving the request. Each

request will be assessed in a manner that is not

unduly discriminatory. If the requested Delivery

Point facilities are operationally feasible (as

hereinafter defined), Stingray will grant the

request to construct the facilities. The Delivery

Point facilities shall be considered operationally

feasible if (1) the construction or operation of

the facilities will not create any significant

operational problems for Stingray, (2) the

facilities will not adversely affect the rendition

of existing firm service to Shippers under any of

Stingray's firm service rate schedules or adversely

alter the operation of Stingray's pipeline system,

and (3) the location of the Delivery Point

facilities is mutually agreeable.

5.3 OBLIGATIONS

Stingray's maximum obligation to deliver Gas at the Delivery

Point(s) under an Agreement shall never exceed the