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. 123 Original Sheet No. 123

 

GENERAL TERMS AND CONDITIONS

(Continued)

APPENDIX D

CAPACITY RELEASE TIMETABLE 3

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 MORE THAN ONE

YEAR ("long-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 Prior to Business Day Prior to

Daily Nomination Deadline Daily Nomination Deadline

for the Day of Release for the Day of Release Event

________________________ _________________________ ______________________________

4 (12:00 p.m.) 5 (12:00 p.m.) Offer posted by Releasing Shipper

4 (11:45 a.m. via EDI) 5 (11:45 a.m. via EDI)

 

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

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

which contingencies are

(Provided bid is time- (Provided bid is time- eliminated, best bid is

stamped by 1:00 p.m.) stamped by 1:00 p.m.) determined, ties are broken

and capacity is evaluated

 

1 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

 

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

(2:45 p.m. via EDI) (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.)

 

1 (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 beginning at the next

Available nomination cycle for

the effective date of the

Capacity Release Transaction.