Stingray Pipeline Company

Third Revised Volume No. 1

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Effective Date: 08/01/2001, Docket: RP01-473-000, Status: Effective

Fifth Revised Sheet No. 45 Fifth Revised Sheet No. 45 : Effective

Superseding: Fourth Revised Sheet No. 45

RATE SCHEDULE FTS

4. TERM

(a) The term of service hereunder shall be set

forth in the FTS Agreement between Shipper and

Stingray.

(b) The General Terms and Conditions of this Tariff

shall govern the applicability of, and the

terms and conditions relating to, rollovers and

the right of first refusal vis a vis an FTS

Agreement. Upon termination of any FTS

Agreement, and subject to any such rollover or

right of first refusal, service by Stingray to

Shipper thereunder shall be terminated and

automatically abandoned.

(c) Stingray may terminate any FTS Agreement if

Stingray is required by the FERC or some other

agency or court to provide firm service for

others utilizing the System capacity or

capability required for service under such FTS

Agreement or if Stingray ceases (after receipt

of any requisite regulatory authorization) to

offer service of the type covered by the FTS

Agreement. Stingray's ability to terminate any

FTS Agreement under this provision is intended

to ensure that the contract term does not

extend beyond the regulatory authority to

provide the service and that the contract is

consistent with the regulatory authority to

provide the service.

5. RATE

5.1 Shipper shall pay Stingray each month under

this Rate Schedule FTS a two-part rate

consisting of: (a) a Reservation Charge, based

on Shipper's MDQ, which consists of the Monthly

Reservation Cost; and (b) a Commodity Charge

for each Dth of gas received for

transportation. Shipper shall also pay Stingray

such other charges as are identified in this

Tariff.

Where a Shipper has agreed to pay a Negotiated

Rate or a rate under a Negotiated Rate Formula,

the rates assessed hereunder shall be governed

by Section 34 of the General Terms and

Conditions of this Tariff. A request for

service at a Negotiated Rate or a rate under a

Negotiated Rate Formula shall specify the

Negotiated Rate or Negotiated Rate Formula on

which the Shipper is willing to agree.