T.W. Phillips Pipeline Corp.

Original Volume No. 1

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

Original Sheet No. 83 Original Sheet No. 83

GENERAL TERMS AND CONDITIONS

(Continued)

29.3. Termination by Shipper – Upon the occurrence of an Event of Default by Transpor-

ter under an FT or IT Agreement, Shipper may terminate the agreement upon ten (10)

days prior written notice by Transporter. Except as otherwise provided in the FT

or IT Agreement, upon termination by Shipper, Transporter shall resolve any Gas

imbalance that may be due Shipper pursuant to the Tariff.

29.4. Other Remedies – Any termination of an FT or IT Agreement pursuant to the provi-

sions of this section is without prejudice to the right of either Transporter or

Shipper to collect any amounts then due to it, and to offset amounts owed to it

by the other party from such amounts due to the other party, and is without pre-

judice to or waiver of, any remedy to which the party not in default may be

entitled as a result of the defaulting party’s default, breach, or violation of

the terms of the terminated FT or IT Agreement.

29.5. No waiver by either Transporter or Shipper of any one or more defaults by the

other in the performance of any provisions of the FT or IT Agreement shall

operate or be construed as a waiver of any future default or defaults, whether of

a like or of a different character.

30. STANDARDS OF CONDUCT

Transporter shall post on its Website procedures for implementation of and compliance

with the Commission’s Standards of Conduct regulations. All information required to be

posted pursuant to such regulations, including but not limited to, organizational charts,

information regarding shared employees, shared facilities, discounts, and notices of

waivers and/or exercises of discretion in the application of tariff provisions shall be

provided on Transporter’s Website under Informational Postings. Such information shall

be updated as required by applicable regulations(s) issued by the Commission.