Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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

Original Sheet No. 709 Original Sheet No. 709 : Superseded

RATE SCHEDULE HFT (Continued)

HOURLY FIRM TRANSPORTATION SERVICE

FORM OF SERVICE AGREEMENT

EXHIBIT C

Transportation Agreement

For

Hourly Firm Service

Under Rate Schedule HFT

Contract No.

NEGOTIATED RATE AGREEMENT

Shipper agrees to the Negotiated Rate option in accordance with

Section 3.12 of Rate Schedule HFT and notifies Panhandle that it

desires to be billed, and agrees to pay, the charges specified below

for the period commencing __________, ______ and continuing until

__________, ______. Shipper acknowledges that this election is an

alternative to the billing of charges for Rate Schedule HFT set forth

on effective Tariff Sheet No. 17, as revised from to time. Shipper

also acknowledges that its election constitutes waiver of its

reliance on and its right to use the recourse rates which are

available to it under the Rate Schedule HFT.

Specification of Negotiated Rate:

PANHANDLE EASTERN PIPE LINE COMPANY

BY: _________________________________

_________________________________

(Please type or print name)

SHIPPER: _________________________________

BY: _________________________________

_________________________________

(Please type or print name)

DATED: ___________________________________

SUPERSEDES EXHIBIT C DATED: ______________