Elba Express Company, L.L.C.

Original Volume No. 1

Effective Date: 03/01/2010, Docket: RP10-342-000, Status: Effective

Original Sheet No. 107 Original Sheet No. 107

33.2 Revenues to be Credited: Revenues to which the credit under this Section 33

apply ("Eligible Revenues") shall be the revenues received by COMPANY under Rate

Schedule ITS, PAL, and any other interruptible rate schedules that may be

implemented under this Tariff, short-term FTS revenues, and Authorized Overrun

Revenues.

33.3 Percentage of Eligible Revenues: COMPANY shall credit 100% of all Eligible

Revenues net of costs incurred by COMPANY.

33.4 Apportionment of Eligible Revenues: COMPANY shall apportion Eligible Revenues

among all SHIPPERS receiving FTS service by applying the following ratio for each

SHIPPER: (a) the SHIPPER's total Reservation Charge under Rate Schedule FTS

collected by COMPANY during the 12-month period ending each year on the

anniversary of the in-service date, (b) divided by the aggregate of all SHIPPERS'

Reservation Charges under Rate Schedule FTS collected by COMPANY, except no

SHIPPER may receive a credit under this Section 33 in excess of its actual

payments to COMPANY for that 12-month period.

33.5 Annual Report and Disbursement of Eligible Revenues: On or before the last day

of the first full month following the first anniversary of the in-service date

and each year thereafter, COMPANY shall file a report with the Commission on its

calculation of Eligible Revenues to be credited to SHIPPERS. COMPANY shall

disburse the Eligible Revenues to SHIPPERS no later than 30 days after the

Commission approves or accepts the report.