RATE SCHEDULE T-1
FIRM SERVICE
5. RIGHT OF FIRST REFUSAL (Continued)
5.1 Service Continuation (Continued)
5.13 If Company does not receive any acceptable Bid(s) for
all or part of the capacity in response to a posting
pursuant to Subsection 5.21, Company shall notify
Shipper in writing of the results and inform the
Shipper that it may continue to receive service in
accordance with its Service Agreement for any period
chosen by the Shipper. Company and Shipper shall
have five (5) business days to mutually agree to
acceptable terms and execute a Service Agreement to
continue all or part of Shipper's Service Agreement.
The Company is under no obligation to provide service
at less than the Maximum Rate under this Rate
Schedule. If Company and Shipper do not execute a
Service Agreement by the close of the five (5)
business day period, Company shall post, on its
Internet web site on the following business day, the
capacity as available capacity without a right of
first refusal, in accordance with Subsection 26.2(a).
5.14 Upon completion of the applicable processes as
described above in this Subsection and in
Subsection 5.2 and if such processes do not result
in a mutually agreed upon amendment to Shipper's
currently effective Service Agreement, Shipper's
right of first refusal under the Service Agreement
will have expired.
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