Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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

Second Revised Sheet No. 172 Second Revised Sheet No. 172

Superseding: First Revised Sheet No. 172

GENERAL TERMS AND CONDITIONS

16.13 BILLING

(a) Stingray shall bill the Replacement Shippers and the

Subreplacement Shippers the rate(s) specified in the

Released Transportation Service Contract and any other

applicable charges and each such Replacement Shipper

and Subreplacement Shipper shall pay the billed

amounts directly to Stingray. Stingray shall have the

right to discount the commodity rates under the

Released Transportation Service Contract. Stingray

will support volumetric releases with volumetric

commitments by fully accounting for volumetric and

reservation components, consistent with the rules and

regulations enunciated by the Federal Energy

Regulatory Commission.

(b) A Releasing Shipper shall be billed the reservation

charge associated with the entire amount of released

capacity pursuant to its contract rate, which includes

all non-commodity based charges under Stingray's

Tariff for such released capacity including but not

limited to additional direct-bill charges and FERC

Order No. 636 transition costs, with a concurrent

conditional credit for payment of the reservation

charge due from the Replacement or Subreplacement

Shipper(s), as applicable, which received the released

capacity. A Releasing Shipper shall also be billed a

marketing fee, if applicable, pursuant to the

provisions of Section 17 of these General Terms and

Conditions. As to any capacity released by a

Releasing Shipper, the Releasing Shipper shall not be

billed or be responsible for: (1) commodity charges;

(2) scheduling or Critical Time imbalance charges or

cash-outs of imbalances; and (3) add-on charges and

surcharges applicable to Stingray's commodity rates

under Stingray's Tariff such as ACA, Company Use Gas,

and the Event Surcharge which are incurred by a

Replacement Shipper or Subreplacement Shipper which

received the released capacity.

does not make payment to Stingray of the reservation

portion of the charges due as set forth in its

Released Transportation Service Contract, Stingray

shall bill the Releasing Shipper(s) from whom such

Replacement or Subreplacement Shipper received the