Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

Effective Date: 10/18/1999, Docket: RP99-482-000, Status: Effective

Fourth Revised Sheet No. 43 Fourth Revised Sheet No. 43 : Superseded

Superseding: Third Revised Sheet No. 43

RATE SCHEDULE EFT (Continued)

ENHANCED FIRM TRANSPORTATION SERVICE

In the event that capacity subject to a Negotiated Rate

which is based on a rate design other than straight fixed

variable is released, Shipper and Panhandle may agree on

billing adjustments to the Releasing Shipper that may vary

from or are in addition to those set forth in Section 15.6

of the General Terms and Conditions in order to establish

the basis of accounting for revenues from a Replacement

Shipper as a means of preserving the economic bases of

the Negotiated Rate. Such payment obligation and

crediting mechanism for capacity release shall be set

forth on Exhibit C of the executed Service Agreement.

Nothing in this Section 3.11 shall authorize Panhandle or

Shipper to negotiate terms and conditions of service.

4. MONTHLY BILL

The Monthly Bill for service under this Rate Schedule shall be

equal to the Transmission Charge, the Gathering Charge, any

applicable overrun and balancing charges, plus all applicable

surcharges.

5. HOURLY DELIVERIES

Shipper shall deliver or cause to be delivered Natural Gas for

the account of Shipper on a uniform hourly basis as nearly as

practicable. At each Point(s) of Delivery Shipper may receive from

Panhandle in any hour such Quantities of Gas as it requires or as are

consistent with available pipeline pressures at such point(s);

provided that Panhandle shall be entitled to require Shipper to

restrict takes at any point during any hour to one-sixteenth of the

Natural Gas nominated for Transportation to that Point(s) of Delivery

on that Day by notifying Shipper through the Messengerþ system, the

Web Site and by telephone or facsimile communication.

6. RESERVATIONS

Panhandle reserves the right from time to time to unilaterally

make any changes to, or to supersede, the rates and charges and other

terms in this Rate Schedule and the other provisions of Panhandle's

FERC Gas Tariff, and the applicability thereof, subject to the

provisions of the Natural Gas Act and the Commission's Regulations

thereunder.

7. GENERAL TERMS AND CONDITIONS

The General Terms and Conditions of Panhandle's FERC Gas Tariff

are applicable to this Rate Schedule and are hereby made a part

hereof.