Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 08/07/1995, Docket: RP95-383-002, Status: Effective

Original Sheet No. 268A Original Sheet No. 268A : Superseded

GENERAL TERMS AND CONDITIONS

(Continued)

records shall not finally pass to Panhandle until such

reconciliation has been completed. Panhandle shall

extend the time available for Shipper to remove its Gas

from storage by one Day for every Day that Shipper has

been unable to withdraw properly nominated gas due to

operational or force majeure conditions on Panhandle's

system.

12.13 Unauthorized Gas

Panhandle shall have the right to dispose of Unauthorized

Gas as follows:

(a) Unauthorized Receipts

When Unauthorized Gas is delivered to Panhandle,

Panhandle shall purchase the Unauthorized Gas from

the operator of the Point(s) of Receipt at which the

Unauthorized Gas is received at 50% of the Mid-

Continent Spot Price, as defined in Section

12.11(c), for the Month in which the Unauthorized

Gas is delivered to Panhandle.