FORM OF SERVICE AGREEMENT

FOR RATE SCHEDULE FT

(continued)


 


 

EXHIBIT C


 

TO


 

SERVICE AGREEMENT UNDER

RATE SCHEDULE FT

BETWEEN

CAMERON INTERSTATE PIPELINE, LLC

AND


 

________________________ ("Shipper")


 

DATED _____________________________


 

RATE


 

NEGOTIATED RATE


 

Rate: Subject to the provisions hereof, the transportation rate for Shipper for [____] Dth

of Shipper's capacity shall be fixed for the full term of the FTSA based on the following

negotiated formula. As a fixed rate, Pipeline and Shipper waive any rights to seek either

an increase, a decrease, or any other adjustment to the negotiated rates specified herein

during the primary term of the FTSA, unless mutually agreed otherwise.


 

The charges shall consist of a monthly reservation fee of $[_____] per Dth, times 30.42

days/ month times the MDTQ specified in Exhibit B, plus a volumetric rate of $[_____] per

Dth shipped, plus fuel and any applicable surcharges.


 

Pipeline and Shipper waive any rights to seek either an increase, a decrease, or any other

adjustment to the negotiated rate specified herein, unless mutually agreed otherwise.


 

CREDIT REQUIREMENTS


 

Shipper shall be deemed creditworthy if Shipper's long term unsecured debt is a rating of

at least "BBB-" by Standard & Poor's Ratings Service ("S&P") or at least "Baa3" by Moody's

Investors Service, Inc. ("Moody's"). If Shipper is not rated, Shipper may at its own

expense obtain a private rating from S&P, Moody's, or a mutually acceptable independent

party.


 

Signed for Identification

Pipeline: _____________________________________________

Shipper: _____________________________________________

Supersedes Exhibit C Dated _________________________________