GENERAL TERMS AND CONDITIONS
4.4     Pre-arranged Releases.  Customer may designate an entity (a
pre-arranged designated Replacement Customer) to which it has agreed to release
the capacity upon specified terms and conditions.  Customers offer to release
under such a pre-arranged transaction shall be subject to the prior posting and
bidding procedures described in Sections 4.5 and 4.6, herein, with the
pre-arranged designated Replacement Customer being given a right to match the
best bid submitted during the bid period; provided, however, if a pre-arranged
transaction with a designated Replacement Customer is for a period of
thirty-one (31) Days or less, the Releasing Customer shall provide notice to
Liberty in accordance with this Section and may implement the release without
complying with such prior posting and bidding procedures.  Notice of such
exempted releases shall be posted on the Internet Web Site in accordance with
Section 4.3 herein.
4.5     Posting.  Following receipt of a notice of offer to release capacity
which satisfies the requirements set forth in this Section, Liberty will post
such information on its Internet Web Site in accordance with the timeline set
forth in Section 4.3 herein. Liberty shall also post offers to purchase
capacity from those who desire current Customers to release capacity upon
receipt of the applicable information as set forth in this Section.
4.6     Bidding and Selection of Replacement Customer.  All bids must contain
the applicable information required in this Section.  If Releasing Customer
desires to solicit bids for releases of thirty-one (31) Days or less, it may
direct Liberty to post notice of the availability of such capacity and, in lieu
of permitting bids during the otherwise applicable posting period, award the
capacity to the bidder which submits first in time a valid bid meeting any
minimum terms specified by the Releasing Customer.  Any bid submitted by a
Replacement Customer shall include an e-mail address for at least one contact
person, and it is the Customers responsibility to update e-mail address
information provided to Liberty, as necessary.  A bidder may not have more than
one eligible bid for the same release offer at any time.  Bids shall be binding
until written or electronic notice of withdrawal is received by Liberty before
the end of the bid period.  Bids cannot be withdrawn after the bid period ends.
Once a bid is withdrawn, that bidder may only submit a new bid pursuant to that
release offer if it is at a higher rate than the withdrawn bid.     Liberty
shall evaluate the bids in accordance with the provisions of this Section and
determine the best bid in accordance with the timelines set forth in Section
4.3 herein. Liberty shall notify Releasing Customer, the best bidder, and any
pre-arranged designated Replacement Customer of such determination in
accordance with the timelines set forth in Section 4.3 herein.  If there is a
pre-arranged designated Replacement Customer, it may exercise its right to
match such best bid by providing written notice of such exercise to Liberty and
Releasing Customer in accordance with the timelines set forth in Section 4.3
herein.   After the Replacement Customer is selected, Liberty will finalize an
appropriate Addendum to the Capacity Release Umbrella Agreement in the form
contained in this FERC Gas Tariff. Liberty will provide a copy of this Addendum
to the Replacement Customer via facsimile, at which time the Replacement
Customer will have the same rights and obligations as any other existing
Customer on Libertys system. Following implementation of the release, Liberty
shall post notice of the winning bidder on the Internet Web Site.