STATEMENT OF NEGOTIATED RATES
Contract Contract Rate Reservation Usage Receipt Delivery
Shipper Number Term Schedule Rate 3/ 4/ 7/ 8/ Rate 3/ 4/ 7/ 8/ Points Points Quantity
------- -------- -------- -------- -------------- --------- --------- --------- --------
Florida Power and Light Co.
9028411R2 6/ 1/ FTS $0.5700 $0.0055 5/ 3/ 345,000 Dth/d 2/
1/ Service under this Agreement shall commence on the Test Gas Service Commencement Date, as defined in the Precedent Agreement between Transporter
and Shipper dated September 8, 2005 ("Precedent Agreement") and shall continue until October 1, 2032.
2/ For the period commencing on the Test Gas Service Commencement Date and continuing until the Service Commencement Date the Maximum Daily
Quantity ("MDQ") of this agreement shall be 185,000 Dth/d.
3/ The Reservation Rate is stated in dollars per Dth per day of MDQ under the Agreement. The Usage Rate is stated in dollars per Dth per day
delivered under the Agreement to Shipper's West County Energy Center facility located in Palm Beach County, Florida and Shipper's Martin
electric generation facility located in Martin County, Florida (the West County Energy Center and Martin plant are referred to collectively as
"Plant"). The negotiated rates set forth above will apply only to deliveries under the Agreement at the Plant and to any other delivery point
on a secondary basis. In the event that Shipper changes the primary delivery point under the Agreement to any location other than the Plant,
then the negotiated rates set forth above shall terminate effective immediately and the rates applicable shall be Transporter's applicable
maximum Recourse Rates in effect pursuant to Transporter's Tariff unless and until otherwise agreed to in writing by Shipper and Transporter.
In the event that Shipper releases its firm transportation rights under the Agreement, Shipper shall continue to be obligated to pay Transporter
for the difference, if any, by which the negotiated rates set forth above (and all other applicable rates contemplated in Footnote 4 below)
exceeds the release rate.
4/ A Usage-2 Rate shall apply to service under the Agreement as specified from time to time in Section 3 of Rate Schedule FTS in Transporter's
Tariff. All applicable surcharges, including but not limited to the SBA surcharge, and the applicable Transporter's Use percentage (as revised
periodically in accordance with the general terms and conditions ("GT&C") of Transporter's Tariff), as all such charges, surcharges and
percentages are in effect from time to time for service under Transporter's Rate Schedule FTS.
5/ This negotiated rate is available at all receipt points.
6/ The Agreement does not deviate in any material respect from the Form of Service Agreement contained in Transporter's Tariff.
7/ Pursuant to the GT&C of Transporter's Tariff, the Negotiated Rates set forth herein shall collectively constitute a "negotiated rate." Shipper
agrees that the otherwise generally applicable maximum Recourse Rate(s) in effect pursuant to Transporter's Tariff shall not apply to or be
available to Shipper for service under the Agreement during the term of the negotiated rates set forth above (except to the extent expressly
stated above in Footnote 3 or at any and all times when the negotiated rates are not otherwise applicable to service under the Agreement
pursuant to the terms of the negotiated rate agreement), notwithstanding any adjustments to such generally applicable maximum Recourse Rate(s)
which may become effective during the term of the negotiated rates set forth above.
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