Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 02/01/2002, Docket: RP00-395-003, Status: Effective

Fourth Revised Sheet No. 99 Fourth Revised Sheet No. 99 : Superseded

Superseding: Third Revised Sheet No. 99

RATE SCHEDULE LFT (Continued)

LIMITED FIRM TRANSPORTATION SERVICE

nominated for delivery at the Point(s) of Delivery as

soon as possible, but in no event later than two

hours following notification. If, after such two

hours, the Shipper's takes exceed such hourly

limitation for any hour during the next twenty-four

hour period, Shipper shall pay the Overrun Charges as

set forth on the effective Tariff Sheet No. 15, in

addition to the applicable commodity rates.

(d) Unauthorized Overrun Penalty for Takes During an OFO

Panhandle may issue an OFO and, if it does so,

Panhandle shall notify Shippers through the

Messenger system, the Web Site and by telephone,

and facsimile or via e-mail communication. Once

issued the OFO shall continue until Panhandle

notifies Shippers to the contrary using the above

methods. If the OFO requires the elimination of

unauthorized overruns, the applicable Unauthorized

Overrun Penalty shall be as set forth in Section

12.17(f)(ii) of the General Terms and Conditions.

(e) Overrun Charge for Takes During a Period in Which

Service is not Scheduled

If, pursuant to Section 2 hereof, Shipper has been

notified that its service is not being scheduled,

either completely or partially, Shipper must limit

its takes to the level permitted in the notification

for scheduled service. If Shipper's takes exceed the

level permitted during such period service is not

scheduled, the applicable charge per Dt. for volumes

in excess of those permitted shall be $10.00 or two

times the Mid-Continent Spot Price calculated in

accordance with Section 12.11(c) of the General Terms

and Conditions, whichever is greater.