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The Assignment Agreement Template begins with the brief of the introduction this template which shows the main content of this template. There are two sections in this template, namely, Witnesseth and Form of Addendum. The first section has twelve terms which cover all the core issues of a general assignment agreement. And the second section is some basic information of the assignor and assignee. If you need this template, come to download it from our website without charge.

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ASSIGNMENT AGREEMENT

This Assignment Agreement, dated as of [ ] ("Assignment Agreement") is by and

among [ ] ("Assignor") and [ ] ("Assignee") and Moss Bluff Hub Partners,

L.P. (“Moss Bluff”). Unless otherwise defined herein, capitalized terms used herein shall have

the meanings assigned to such terms in the Gas Storage Contract.

W I T N E S S E T H

WHEREAS, Assignor and Moss Bluff have entered into a Gas Storage Contract dated

_______________, Contract No.___ as the same may have from time to time been modified,

amended and supplemented (“Gas Storage Contract”) as described in the appropriate addendum

to this Assignment Agreement, in the form attached hereto (“Addendum”) and which has been

furnished by Assignor in its entirety to Assignee;

WHEREAS, Assignor desires on a temporary basis to assign and delegate to Assignee all

of its rights, duties and obligations in the Gas Storage Contract on a firm or recallable basis, and

on a full or partial basis as set forth in the relevant Addendum and Assignee desires to accept

such assignment and delegation and to assume such rights, duties and obligations, in accordance

with the terms hereof; and

WHEREAS, Assignor desires to obtain the consent of Moss Bluff to such assignment,

delegation and assumption and Moss Bluff desires to grant such consent in accordance with the

terms hereof and by means of the LINK® System.

NOW, THEREFORE, in consideration of the premises and of the mutual Assignment

Agreements herein contained, the parties hereto agree as follows:

1. Assignment and Assumption. (a) As and from the date (“Effective Date”) that Moss Bluff,

Assignor and Assignee finalize by means of the LINK® System the appropriate Addendum

(“Addendum”), Assignor will assign and delegate to Assignee for the period set forth in the

Addendum (“Assignment Period”), all of Assignor’s rights, duties and obligations under the

Gas Storage Contract and Assignee hereby accepts such assignment and delegation and

assumes such rights, duties and obligations; provided, however, that Assignor shall remain

ultimately liable to Moss Bluff for all payment obligations under the terms of the Gas Storage

Contract during the Assignment Period; (b) Assignments hereunder shall be for periods of

one or more days and the term shall not extend beyond the expiration of the Gas Storage

Contract; (c) The Addendum shall specify the quantities or rights offered, and actually

available on the Effective Date, and the exercise of which rights will not violate any

maximum or minimum quantity requirements or limitations applicable under the SOC (as

defined below).

2. Covenants of Assignee. Assignee agrees that, during the term of this Assignment

Agreement, and as long as the Gas Storage Contract is in effect, Assignee (i) shall pay to

Moss Bluff the Total Storage Reservation Fee as specified by Assignor and all other costs for

storage services utilizing the natural gas storage facilities that are the subject of this

Assignment Agreement; (ii) shall be responsible for any fuel retention or fuel costs as

specified by the Gas Storage Contract; (iii) shall not reassign any capacity granted to it

hereunder to any third party; (iv) shall comply with the applicable provisions of Moss Bluff’s

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