Natural Gas Swaps

The terms and conditions of the swaps incorporate by reference such credit and other terms as the parties may establish through their pre-existing bilateral agreement. The swaps have the following characteristics:

Contract Overview:	An agreement to exchange a stream of cash flows by reference to the difference between a fixed rate and a floating rate or between two floating rates based on a specified notional amount over a specified term to maturity.
Trade Date:	As agreed by the parties.
Effective Date:	The date on which the calculation of accrued obligations under the contract.
Commodity:	Natural Gas
Notional Amount:	As agreed by the parties for each relevant commodity.
Settlement Dates:	As agreed by the parties.
Termination Date:	As agreed by the parties.
Fixed Price Payer:	Party [A/B], if applicable.
Fixed Price:	[currency] [amount in numerlas] [per units of commodity]
Floating Price Payer:	Party [A/B], or both Party A and B, if applicable.
Floating Price:	As agreed by the parties.
Pricing Differential:	If applicable, as agreed by the parties.
Pricing Source:	Natural Gas Intelligence, Canadian Gas Price Report, Inside FERC, or Platts/McGraw Hill, as determined by the parties.
Specified Delivery Point:	If applicable, as agreed by the parties.
Pricing Date(s):	If applicable, as agreed by the parties.
Method of Averaging:	If applicable, as agreed by the parties.