0001193125-13-073097 Sample Contracts

To: Piedmont Natural Gas Company, Inc. Charlotte, NC 28210 From: Morgan Stanley & Co. LLC New York, NY 10036-8293
Piedmont Natural Gas Co Inc • February 25th, 2013 • Natural gas distribution • New York

The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the transaction entered into between us on the Trade Date specified below (this “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

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