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. 175A First Revised Sheet No. 175A

Superseding: Original Revised Sheet No. 175A

GENERAL TERMS AND CONDITIONS

16.18 CONVERSIONS BETWEEN MONTHLY AND DAILY RESERVATION RATES

For less than maximum rate transactions only, converting

daily rate to monthly rate is accomplished by multiplying

the daily rate times number of Days in rate period, dividing

the result by number of Months in rate period and taking the

remainder out to five (5) decimal places and rounding up or

down to Stingray's specified decimal place. Converting a

monthly rate to a daily rate is accomplished by multiplying

the monthly rate by number of Months in rate period,

dividing the result by number of Days in rate period and

taking the remainder out to five (5) decimal places and

rounding up or down to Stingray's specified decimal place.