Annual Report of Replacement Facilities for 2010 of Vector Pipeline L.P. under CP11-328.
04/28/201115.30 ConocoPhillips - contract 910662 Version 1.0.0 2.0.0 Page 1 of 4 STATEMENT OF NEGOTIATED RATES 1/ 2/ Customer Name: ConocoPhillips Company Service Agreement: 910662 Term of Negotiated Rate: The term of this negotiated rate commences on the Service Commencement Date (as defined in the Precedent Agreement between Pipeline and Customer) of Contract No. 910662 November 1, 2011 and continues for the Primary Term or Extended Primary Term, as applicable (as such terms are defined in Contract No. 910662); provided, in the event that Pipeline commences Partial Service to Customer, as contemplated in Paragraph 4 of the Precedent Agreement, then the term of this negotiated rate shall commence on the Partial Service Commencement Date (as defined in the Precedent Agreement) and the term shall continue until the end of the Primary Term or Extended Primary Term, as applicable, as such terms are defined in Contract No. 910662 (which Primary Term and Extended Primary Term shall be deemed to have commenced on the Partial Service Commencement Date), although notwithstanding the foregoing, such term shall end on any date on which the Precedent Agreement is terminated pursuant to Paragraphs 10 or 11 thereof, or if Customer elects to continue its Partial Service until the end of the tenth (10th) year following the Partial Service Commencement Date, as contemplated in the Precedent Agreement, then the term will end at that time (or it will end when the Extended Primary Term ends, if applicable) (if this proviso applies, this negotiated rate agreement shall apply for all purposes to any additional service agreement under Rate Schedule FT-1 executed by Pipeline and Customer to govern the Partial Service contemplated by this proviso as if such additional service agreement were Contract No. 910662). Rate Schedule: FT-1 (TEMAX Project Facilities) MDQ: 395,000 345,000 Dth/d Reservation Rate: Customer shall pay a negotiated reservation rate of $14.6195 $14.4674 per Dth, per month ("Negotiated Reservation Rate") of Customer's MDQ under Contract No. 910662 during the Primary Term thereof; provided, to the extent that Contract No. 910662 continues for the Extended Primary Term, Customer shall pay a Negotiated Reservation Rate of $13.0986 $12.9465 per Dth, per month, of Customers MDQ under Contract No. 910662 for the five-year period immediately following the Primary Term. Usage Rate: During the Primary Term and, if Contract No. 910662 continues for the Extended Primary Term, for the five-year period immediately following the Primary Term or until Contract No. 910662 terminates, if it terminates earlier, the usage rates shall be determined as follows: A. At any time and from time to time during the term of ...