Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

Effective Date: 07/10/2000, Docket: RP00-162-000, Status: Effective

First Revised Sheet No. 687 First Revised Sheet No. 687 : Superseded

Superseding: 1st Rev Original Sheet No. 687

CAPACITY RELEASE (Continued)

FORM OF SERVICE AGREEMENT

ARTICLE 2 - TERM

This Agreement shall be effective from the date first stated

above until , when this Agreement shall expire.

Service shall commence and remain effective for a term coincidental

for the term of each assignment of service rights identified in each

Addendum.

ARTICLE 3 - RATES AND CHARGES

For the services provided or contracted for hereunder

(including any Addendum hereunder), Replacement Shipper agrees to pay

Panhandle the maximum rate or the agreed upon rate for the assignment

of service rights from the Releasing Shipper under Panhandle's Rate

Schedule FT, EFT, LFT, IOS, WS, PS, FS or HFT filed with the

Commission, as such rates and charges and Rate Schedules FT, EFT,

LFT, IOS, WS, PS or FS may hereafter be modified, supplemented,

superseded, or replaced generally or as to the service hereunder.

Panhandle reserves the right from time to time to unilaterally file

and to make effective any such changes in the terms or rate levels

under Rate Schedule FT, EFT, LFT, IOS, WS, PS, FS or HFT and the

applicability thereof, the General Terms and Conditions or any other

provisions of Panhandle's Tariff, subject to the applicable

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

thereunder.