Petal Gas Storage Company

Original Volume No. 1

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Effective Date: 08/16/1999, Docket: RP99-443-000, Status: Effective

Original Sheet No. 201 Original Sheet No. 201 : Effective

 

Form of Firm Storage Service Agreement

(Continued)

 

ARTICLE V - TAXES AND REGULATORY FEES AND CHARGES

 

Customer shall reimburse Petal for all applicable taxes as may be assessed

Petal for the receipt, injection, storage, withdrawal and/or delivery of

Customer's gas. In addition, Customer shall reimburse Petal for Customer's

pro rata portion of all ad valorem taxes, property taxes and/or other

similar taxes. Customer shall also reimburse Petal for all fees and

charges, as required by regulatory authorities, that are related to the

service provided under this Agreement.

 

ARTICLE VI - TERM OF AGREEMENT

 

This Agreement shall be effective _______ __, ____, and shall remain in

force and effect for ______ (the "Primary Term"). Thereafter, this

Agreement shall continue for successive terms of ___________ each (the

"Renewed Term") unless either party gives ______ days written notice to the

other party prior to the end of the Primary Term or any Renewed Term

thereafter.

 

ARTICLE VII NOMINATIONS

 

Petal shall use its best efforts to accept both verbal and electronic

changes in nominations twenty-four (24) hours per day in order to

accommodate Customer's requests for such changes. Such changes shall be

made as soon as Petal can practically make such changes. Customer shall

acknowledge such changes in writing or by telecopy within four hours of

requesting such changes.

 

Petal shall maintain personnel and equipment available to receive and act

upon nomination changes and confirmations twenty-four (24) hours per day,

seven (7) days per week. In the event that Petal fails to obtain

confirmation from Customer's Transporter of Customer's nomination, Petal

shall notify Customer of such failure as soon as possible.

 

ARTICLE VIII - INCORPORATION OF RATE SCHEDULE AND TARIFF PROVISIONS

 

This Agreement shall be subject to the terms and provisions of Petal's Rate

Schedule FSS, as filed with the Federal Energy Regulatory Commission,

together with the General Terms and Conditions applicable thereto

(including any changes in said Rate Schedule or General Terms and

Conditions as may from time to time be filed and made effective by Petal).

 

ARTICLE IX - NOTICES

 

Except as otherwise provided in the General Terms and Conditions applicable

to this Agreement, any notice under this Agreement shall be tendered in

accordance with Appendix 2 to this Agreement.

 

ARTICLE X - TRANSFER AND ASSIGNMENT

 

Any individual or entity which shall succeed by purchase, merger, or

consolidation to the properties, substantially as an entirety, of Petal or

Customer, as the case may be, shall be entitled to