Mississippi River Transmission Corp.

Third Revised Volume No. 1

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Effective Date: 05/01/1996, Docket: RP96-199-000, Status: Effective

Second Revised Sheet No. 168 Second Revised Sheet No. 168 : Superseded

Superseding: First Revised Sheet No. 168

GENERAL TERMS AND CONDITIONS

(Continued)

14. CAPACITY RELEASE (Continued)

(ii) A bidding period will be conducted from 11:00

a.m. CT to l:00 p.m. CT on the same business day that the

Release Offer is posted.

(iii) MRT shall notify the Winning Bidder by 3:00 p.m.

CT on the same business day that the Release Offer is

posted.

(iv) The Winning Bidder must submit an executed

Addendum to its Master Capacity Release Agreement with its

nomination in order to become a Replacement Customer.

(c) Releasing Customers may request posting periods longer

than the applicable minimum periods set forth herein, and such

requested posting periods shall be set forth in the Releasing

Customer's Release Offer. However, no Release Offer shall be

posted on MRT's EBB for more than forty-five (45) calendar days.

(d) No changes will be allowed to Release Offers posted on

the EBB, but a Releasing Customer may withdraw its Release Offer

at any time before the close of the posting period if the

Releasing Customer notifies MRT in writing that the Releasing

Customer has an unanticipated need for the capacity.

14.5 Pre-Arranged Replacement Customers

(a) A Releasing Customer may pre-arrange to assign all or

any part of its firm capacity to any person or entity before

notifying MRT of its intent to release. If this occurs, the

Releasing Customer must include the name of its Pre-Arranged

Replacement Customer in the Release Offer transmitted to MRT's EBB

for posting pursuant to Section 14.3 or in the information

transmitted to MRT's EBB for posting pursuant to Sections

14.5(c)(i) and 14.5(d).

(b) A Pre-Arranged Replacement Customer that is not an

Approved Bidder must comply with Sections 14.6(a) and (b) before

it shall become a Replacement Customer.

(c) Any Releasing Customer with a Pre-Arranged Replacement

Customer may release its capacity for more than thirty-one days

subject to the following terms and conditions: