Elba Express Company, L.L.C.

Original Volume No. 1

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

Original Sheet No. 122 Original Sheet No. 122

 

GENERAL TERMS AND CONDITIONS

(Continued)

APPENDIX D

CAPACITY RELEASE TIMETABLE 2

Except as set forth in Timetable 1, the following deadline applies to all standard offers to release firm

capacity under the provisions of Section 20 of these General Terms and Conditions for a term of ONE YEAR OR LESS

("short-term releases"). All parties who wish to submit such offers or who wish to bid on such posted offers

(including a Prearranged Bidder) must take all actions required by Section 20 within the following time periods

to avoid disqualification.

 

FOR STANDARD OFFERS: FOR NONSTANDARD OFFERS:

Business Day Business Day Prior to

Prior to Daily Nomination Event

Daily or Intraday-1 Deadline for

Nomination Deadline or Day of Release

Same Business Day for

Evening or Intraday-2

Nomination Deadline

________________________ _______________________ ________________________

(12:00 p.m.) 2 (12:00 p.m.) Offer posted by Releasing Shipper

(11:45 a.m. via EDI) 2 (11:45 a.m. via EDI)

 

(1:00 p.m.) 2 (1:00 p.m.) Open season for bids ends

(1:15 p.m. via EDI) 2 (1:15 p.m. via EDI) Evaluation period begins during which

(Provided bid is time- (Provided bid is time- contingencies are eliminated,

stamped by 1:00 p.m.) stamped by 1:00 p.m.) best bid is determined,

ties are broken and

capacity is evaluated

 

2:00 p.m. 1 2:00 p.m. Evaluation period ends

Prearranged Bidder notified on SoNet Premier

if best bid is higher

Winner is notified if there is no

Prearranged Bidder

 

(2:30 p.m.) 1 (2:30 p.m.) Prearranged Bidder chooses to

(2:45 p.m.via EDI) 1 (2:45 p.m. via EDI) match or not

(Provided bid is time- (Provided bid is time-

stamped by 2:30 p.m.) stamped by 2:30 p.m.)

 

3:00 p.m. 1 3:00 p.m. Winner is notified if Prearranged

Bidder does not match;

General notice to all bidders

posted on SoNet Premier;

Details of the Capacity Release

Transaction are available on SoNet

Premier; Nomination possible

at the next available nomination

cycle for the effective date of

the Capacity Release Transaction.