T.W. Phillips Pipeline Corp.

Original Volume No. 1

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Effective Date: 01/01/2010, Docket: RP10-141-000, Status: Effective

Original Sheet No. 12 Original Sheet No. 12

RATE SCHEDULE FT

(Continued)

b) The applicable Recourse or Negotiated Commodity Charge;

c) The Annual Charge Adjustment (“ACA”) set forth in the Statement of Rates

and Charges;

d) The applicable Authorized Overrun Charge set forth in the Statement of

Rates and Charges;

e) The Fuel and Gas Loss Retention Percentage set forth on Transporter’s

Website; and

f) Any other charge or surcharge mutually agreed by Transporter and Shipper

or allowed by the Commission as set forth in the Statement of Rates and

Charges.

4. MONTHLY BILL

The monthly bill for Rate Schedule FT service shall be equal to:

4.1. Reservation Charge – The applicable reservation rate determined under Section 3

of this Rate Schedule multiplied by the Shipper’s MDQ established in the FT

Agreement (subject to the credit in Section 4.7);

4.2. Commodity Charge – The applicable commodity rate determined under Section 3 of

this Rate Schedule multiplied by the MMBtu’s of Gas scheduled for receipt

pursuant to Shipper’s FT Agreement during the billing month;

4.3. Authorized Overrun Charge – The applicable AOS rate multiplied by any Authorized

Overrun quantities scheduled for Shipper during the billing month;

4.4. Other Charges – The ACA charge and any other applicable surcharges in the

Statement of Rates and Charges, multiplied by the applicable quantities scheduled

for Shipper during the billing month; and

4.5. New Facilities Charge – When applicable, a charge will be established pursuant to

Section 20 of the GT&C.