K O Transmission Company

Original Volume No. 1

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Effective Date: 11/01/2010, Docket: RP10-1231-000, Status: Pending

Fifth Revised Sheet No. 50 Fifth Revised Sheet No. 50

Superseding: Substitute Fourth Revised Sheet No. 50




4. Release and Assignment of Service Rights (continued)


release capacity, and the contract number assigned by Transporter to the

Service Agreement under which Shipper seeks to release capacity;

(ii) the numeric quantity on a per day basis and term (duration);

(iii) receipt and delivery points;

(iv) any applicable recall provisions relating to the proposed release

(Recall method and rights are individually negotiated between Releasing

Shipper and Replacement Shipper);

(v) any minimum conditions concerning the rate, term, or volume that the

releasing Shipper is willing to accept (and that Releasing Shipper wishes to

have posted on Transporter's website), or a statement that it has separately

revealed to Transporter any such minimum conditions, which shall be posted

following the close of bidding;

(vi) whether Releasing Shipper will accept contingent bids for the capacity

being released and, if so, all terms and conditions of acceptable

contingencies including the manner in which such contingent bids will be

evaluated, and whether and for how long the next highest bidder will be

obligated to accept the capacity if a contingent bidder exercises its option

not to take the capacity;

(vii) the maximum reservation charge (including demand-type surcharges)

applicable to the capacity being released;

(viii) the date and time of the close of the bidding for the release capacity;

(ix) whether the Releasing Shipper has a prepackaged arrangement to assign

the service to a specified Replacement Shipper, and, if so, the identity,

address and telephone number of the designated Replacement Shipper and the

price the prospective Replacement Shipper has agreed to pay under any such

prepackaged arrangement;

(x) objective criteria for evaluating responsive bids by potential

Replacement Shippers and for breaking ties among highest bidders, to the

extent that Releasing Shipper's criteria are at variance with the criteria

established by Transporter in this Section;

(xi) the name, telephone and facsimile machine numbers of Releasing

Shipper's designated contact person;

(xii) whether bids for the released capacity are to be submitted on a

volumetric or reservation basis;

(xiii)whether bids for the released capacity are to be submitted on a fixed

dollars and cents amount, a percentage basis, or an index-based formula;

(xiv) whether the release is subject to an indemnification provision

pursuant to which the initial Replacement Shipper indemnifies Releasing

Shipper against any claim by successive Replacement Shippers relating to

refunds (where Releasing Shipper has provided correctly calculated refunds

to the initial Replacement Shipper) and all terms of any such

indemnification provision;

(xv) whether the release is to an asset manager as defined in Section

284.8(h)(3) of the Commission’s regulations and the asset manager’s

obligation to deliver gas to, or purchase gas from the releasing shipper; and

(xvi) whether the release is to a marketer participating in a state-regulated

retail access program as defined in Section 284.8(h)(4) of the Commission’s