GENERAL TERMS AND CONDITIONS
   
1.   DEFINITIONS
   
     1.1  The term "Agreement" shall mean the Service
          Agreement executed by the Customer and Seller and
          any exhibits, attachments and/or amendments
          thereto.
   
     1.2  The term "Base Gas" shall mean Gas required to
          remain in the storage field sufficient to protect
          the integrity of the storage field.
   
     1.3  The term "Btu" shall mean one (1) British thermal
          unit, the amount of heat required to raise the
          temperature of one (1) pound of water one degree
          (1) Fahrenheit at sixty degrees (60) Fahrenheit.
          The reporting basis for Btu is 14.73 psia (101.325
          kPa), 60 degrees Fahrenheit (15 degrees C), and
          dry.
   
     1.4  The term "Business Day" shall mean Monday through
          Friday, excluding all federal banking holidays for
          transactions in the United States and similar
          holidays for transactions in Canada and Mexico.
   
     1.5  The term "Central Clock Time" shall mean Central
          Standard Time except for that period when daylight
          savings is in effect.  During that period, Central
          Clock Time shall mean Central Daylight Time.
   
     1.6  The terms "Commission" and "FERC" shall mean the
          Federal Energy Regulatory Commission or any
          successor regulatory authority having
          jurisdiction.
   
     1.7  The term "Customer" shall mean any person,
          corporation, partnership or any other party that
          executes a valid Service Agreement with Central
          New York Oil And Gas Company, LLC for the Storage
          of Gas under the terms and conditions of Sellers
          FERC Gas Tariff.
   
     1.8  The term "Dekatherm" (dth) shall mean the quantity
          of heat energy which is equivalent to one (1)
          million (1,000,000) Btu.
   
     1.9  The determination of quantities deemed to be
          delivered for purposes of use of the term "Each
          Dekatherm Of Gas Which Is Delivered" shall be the
          pro rata allocation of the quantities of Gas
          nominated, after adjustments for Sellers Use and
          pursuant to Section 4.3 hereof, for injection into
          storage or for withdrawal from storage.