##### 



Exhibit 99.1

CHARTER OF THE AUDIT COMMITTEE
OF THE BOARD OF DIRECTORS
OF TEXAS EASTERN PRODUCTS PIPELINE COMPANY, LLC

Organization

This charter (Charter) governs the operations of the Audit Committee
(the Committee) of the Board of Directors of Texas Eastern Products Pipeline
Company, LLC (the Company), which is the sole general partner of TEPPCO
Partners, L.P. The Committee shall annually review and reassess the adequacy
of this Charter and recommend to the Board any changes to this Charter that the
Committee deems necessary or valuable.

Purpose

The Committee is a standing committee of the Board whose primary function shall
be to assist the Board in fulfilling oversight responsibility to TEPPCO
Partners, L.P.s unitholders, potential unitholders, the investment community
and others relating to:



| |  |  | The integrity of TEPPCO Partners, L.P. and its subsidiaries
(collectively Partnership) financial reporting process and systems
of internal controls regarding finance, accounting and legal
compliance.                       
| | - |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | The appointment, qualifications (including independence) and
performance of the Partnerships independent auditors.                                                                                                             
|
| |  |  | The performance of the internal auditing function performed
by Duke Energy Corporations Audit Services Department or any other
persons or entities performing or carrying on the internal audit
function (internal auditors).
|
| |  |  | The adequacy and adherence to (and waivers from) the
Partnerships Code of Business Ethics.                                                                                                                                     
|
| |  |  | The review of areas of potential significant financial risk to the Partnership.                                                                                                                                                 
|
| |  |  | The Partnerships compliance with legal and regulatory requirements.                                                                                                                                                            
|
| |  |  | The review, preparation, discussion and approval of all
reports that the Partnership must file with the Securities and
Exchange Commission (SEC).                                                                             



| |  | The Committee shall also carry out such other functions as shall from time
to time be assigned to it by the Board of Directors.
| |  | -------------------------------------------------------------------------------------------------------------------------------





---



##### 





| |  | In carrying out its purpose, the goal of the Committee shall be to serve as
an independent and objective monitor of the Partnerships financial
reporting process and internal control systems, including the activities of
the Partnerships independent auditor and internal auditors, and to provide
an open avenue of communication between the Committee, the independent
auditors, the internal auditors, and management of the Company.                                                                                                                                                                                                                                                                                                         
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  | In discharging its oversight role, the Committee is empowered to (i)
investigate any matter brought to its attention with full access to all
books, records, facilities and personnel of the Partnership and the Company,
and (ii) engage and, on behalf of the Partnership, compensate independent
counsel and other advisers as it determines necessary to carry out its
duties. The Company and/or the Partnership shall provide the Committee with
adequate funding for its operation and the appropriate officers of the
Company are hereby authorized to expend the funds necessary for the conduct
of the Committees business upon direction of the Committee or the Chairman
thereof, without further authorization of the Board of Directors.
|
| |  | Committee Composition and Meetings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     



| | A. |  | Experience. The Committee members shall meet the
experience requirements of the New York Stock Exchange, Inc.
(NYSE). All members of the Committee shall be financially
literate, and at least one member of the Committee shall be an
audit committee financial expert all as defined in regulations
adopted by the SEC under the Sarbanes-Oxley Act of 2002 (the
Sarbanes-Oxley Act) and applicable NYSE listing standards.                                                                                                                                                                                                                                                                         
| | -- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | B. |  | Independence and Number. The Committee shall be
comprised of at least three (3) directors, each of whom shall be
determined by the Board to be independent in accordance with
regulations adopted by the SEC under the Sarbanes-Oxley Act and
applicable NYSE listing standards. A director shall generally
be considered independent if he or she has no material
relationship with the Company, or the Partnership, (other than
service as a director of the Company). The Board shall
determine whether such a material relationship exists; provided,
however, that the following shall be deemed to constitute a
material relationship and shall disqualify a director from
serving on the Committee.



| |  |  | Employment with the Company, the Partnership or
their affiliates in an executive capacity within the last
five (5) years;                                                                                               
| | - |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | Employment or other material relationship with
a present or former auditor of the Company, the Partnership
or their affiliates within the last five (5) years after the
end of the affiliation or auditing relationship;

2



---



##### 





| |  |  | Part of an interlocking directorate in which an
executive officer of the Company serves on the compensation
committee of another company that currently employs the
director;                                                                                                                                                                                                                
| | - |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | Employment or other material relationship with
an entity that is an adviser or consultant to the Company,
the Partnership or their affiliates;                                                                                                                                                                                                                                               
|
| |  |  | Employment or other material relationship with
a significant customer or supplier of the Company, the
Partnership or their affiliates;                                                                                                                                                                                                                                                       
|
| |  |  | Any personal services contract(s) with the
Company, the Partnership or their affiliates;                                                                                                                                                                                                                                                                                                     
|
| |  |  | Any business relationship with the Company, the
Partnership or their affiliates (other than service as a
director) for which the Company or the Partnership has been
required to make disclosure under Regulation S-K within the
last five (5) years;                                                                                                                                        
|
| |  |  | An immediate family relationship with any
person described above; or                                                                                                                                                                                                                                                                                                                         
|
| |  |  | Otherwise be considered an affiliated person
of the Company or the Partnership as such term is defined
under applicable SEC rules.                                                                                                                                                                                                                                                         
|
| |   |  | In addition, to be considered independent, no Committee member
may receive any compensation, directly or indirectly, from the
Company or the Partnership other than directors fees. The fee
may be received in cash or other in kind consideration
ordinarily available to outside directors, as well as all of
the regular benefits that other outside directors receive as
Board members.



| | C. |  | Appointment/Removal and Chairman. The members of the
Committee shall be appointed by the Board at the annual meeting
of the Board for terms of one (1) year, or until their
successors shall be duly elected and qualified. Any member can
be removed by the Board at any time for any reason. Any
Committee member who ceases to be independent as described
above shall automatically be removed from the Committee. Any
vacancies in the Committee shall be filled by the Board as soon
as reasonably possible. Unless a Chairman of the Committee is
appointed by the Board, the members of the Committee may
designate a Chairman by majority vote of the full membership of
the Committee.
| | -- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

3



---



##### 





| | D. |  | Meetings.
| | -- |  | ---------



| |  |  | The Committee shall meet at least quarterly, or
more frequently as circumstances dictate. The Committee
Chairman after consultation with management of the Company,
other Committee members, internal auditors and independent
auditors, shall prepare and/or approve an agenda in advance
of each meeting.           
| | - |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | The Committee should meet at least annually, or
more frequently as circumstances dictate, in separate
executive sessions with management, the internal auditors,
the independent auditors, and as a committee to discuss any
matters that the Committee or each of these groups believe
should be discussed privately.
|
| |  |  | The Committee, or at least its Chairman, should
communicate with management and the independent auditors
quarterly to review the Partnerships financial statements
and significant findings based upon the auditors limited
review procedures.                                                                       



| | E. |  | Limitations on Outside Service                                                                                                                                                                                                                                                        
| | -- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |    |  | No member of the Committee may serve on the audit committee of
more than three public companies, including the Company, unless
the Board of Directors has determined that such simultaneous
service would not impair the ability of such member to
effectively serve on the Committee.



| |  | Duties and Responsibilities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
| |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  | The primary general responsibility of the Committee is to oversee the financial
reporting process on behalf of the Board and report the results of its
activities to the Board. While the Committee has the responsibilities and
powers set forth in this Charter, it is not the duty of the Committee to plan
or conduct audits or to determine that the Partnerships financial statements
are complete and accurate and are in accordance with generally accepted
accounting principles. Management is responsible for the preparation,
presentation and integrity of the Partnerships financial statements and for
the appropriateness of the accounting principles and reporting policies that
are used by the Partnership. The independent auditors are responsible for
auditing the Partnerships financial statements and for reviewing the
Partnerships unaudited interim financial statements.
|
| |  | The Committee, in carrying out its responsibilities, believes its policies and
procedures should remain flexible in order to best react to changing conditions
and circumstances. The Committee should take appropriate actions to set the
overall tone of the Partnership for quality public disclosure and financial
reporting, sound business risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

4



---



##### 





| |  | practices, and ethical behavior. Within the overall general responsibility the
following shall be the principal specific duties and responsibilities of the
Committee. These are set forth as a guide with the understanding that the
Committee may supplement them as appropriate, but shall have them reviewed and
approved annually by the Board.
| |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| |  |  | The Committee shall be directly responsible for, and have sole
authority as to, the retention and termination, evaluation,
compensation and oversight of the work of the independent auditors,
including resolution of disagreements between management and the
auditors regarding accounting matters and financial reporting. The
independent auditor shall report directly to the Committee and in the
conduct of the annual audit shall be subject to direction only by the
Committee.                                                                          
| | - |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | The Committee shall have sole authority to, and shall, pre-approve
all audit and non-audit services provided by the independent auditors
to the Partnership and shall assure that the independent auditors are
not engaged to perform the specific nonaudit services proscribed by law
or regulation. The Committee may delegate preapproval authority to a
member or members of the Committee. The decisions of any Committee
member or members to whom pre-approval authority is delegated must be
presented to the full Committee at its next scheduled meeting.



| |  provided, however, that the provision by the independent
auditor of non-audit services shall be permissible without the
prior approval of the Committee in cases where (i) the aggregate
compensation for all such non-audit services constitutes not more
than 5% of the total compensation payable by the Partnership to
the auditor for the fiscal year of the Partnership in which such
non-audit services are provided, (ii) such non-audit services were
not considered by the Committee as services that might be provided
to the Partnership by the independent auditor at the time of its
appointment, and (iii) the provision of such services by the
independent auditor are promptly brought to the attention of the
Committee and approved prior to completion of the audit for the
year in which such services were provided (which approval may be
provided by the Chairman of the Committee or any other member or
members to whom the Committee delegates such approval authority).
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| |  |  | At least annually, the Committee shall obtain and review a report
by the independent auditors describing
| | - |  | --------------------------------------------------------------------------------------------------------



| | - |  | the auditing firms internal quality control procedures.                                                                                                                                                                                                                                                                                                           
| | - |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | - |  | any material issues raised by the most recent
internal quality control review, or peer review, of the auditing
firm, or by any inquiry or investigation by governmental or
professional authorities, within the preceding five years,
respecting one or more independent audits carried out by the
auditing firm, and any steps taken to deal with any such issues.

5



---



##### 





| | - |  | all relationships between the independent auditors
and the Partnership (to assess the auditors independence).
| | - |  | --------------------------------------------------------------------------------------------------------------



| |  |  | Based on a review of such annual report and the work of the
independent auditors throughout the year, the Committee shall evaluate
the independent auditors qualifications, performance and independence,
which evaluation will include the review and evaluation of the lead
partner of the independent auditor. In conducting its review and
evaluation, the Committee should:
| | - |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (a)                                                                                                                                    |  | determine whether the lead audit partner (having primary
responsibility for the audit) or the audit partner responsible for
reviewing the audit is required to rotate in compliance with
applicable law,
| | -------------------------------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b)                                                                                                                                    |  | take into account the opinions of management and the internal
auditors, and                                                                                                                             
|
| | (c)                                                                                                                                    |  | consider whether, in order to assure continuing auditor
independence, there should be a regular rotation of the firm
conducting the independent audit.                                                  
|
| | The Committee shall present its conclusions with respect to the
independent auditors and its evaluation thereof to the Board annually.



| |  |  | In addition, the Committee shall establish hiring policies for the
Partnership and the Company as to employees or former employees of the
independent auditors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | - |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | The Committee shall discuss with the internal auditors and the
independent auditors the overall scope and plans for their respective
audits, including the adequacy of staffing and compensation or expense
coverage. The Committee shall discuss with management, the internal
auditors, and the independent auditors the adequacy and effectiveness
of the Partnerships accounting and financial controls, including the
Partnerships policies and procedures to assess, monitor and manage
business risk and legal and ethical compliance programs (e.g.,
Partnerships Code of Business Ethics).                                                                                                                                     
|
| |  |  | The Committee shall periodically meet separately with management,
the internal auditors, and the independent auditors to discuss issues
and concerns warranting Committee attention. The Committee shall
provide sufficient opportunity for the internal auditors and the
independent auditors to meet privately with the members of the
Committee. The Committee shall review with the independent auditors
(i) any audit problems or difficulties and managements response, (ii)
accounting adjustments noted or proposed by the independent auditors,
whether passed or accepted, (iii) any communications between the audit
team and the independent auditors national office as to the
Partnership, (iv) any internal control letter

6



---



##### 





| |   |  | issued or proposed to be issued to the Partnership by the independent
auditors, and (v) the responsibilities, budget, and staffing of the
internal audit function.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
| | - |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | The Committee shall review and discuss the regular reports from the
independent auditors on (i) the critical accounting policies and
practices of the Partnership, (ii) alternative treatments of financial
information within generally accepted accounting principles that have
been discussed with management, and (iii) other material written
communications between the independent auditor and management regarding
the Partnerships financial reports, such as any management letter or
schedule of unadjusted differences.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|
| |  |  | The Committee shall review with the independent auditor and
management: the adequacy of the Partnerships internal accounting and
financial controls and procedures and disclosure controls and
procedures, including computerized information system controls,
procedures and security and including any report provided by the
internal audit function to the chief financial officer or chief
executive officer regarding any material aspect of the Partnerships
internal accounting and financial control system; and, in such regard,
(i) management and the independent auditor shall brief the Committee on
any significant deficiencies in the design or operation of the
Partnerships internal controls which could adversely affect the
Partnerships ability to record, process, summarize and report
financial data and any fraudulent activity, whether or not material,
that involves management or other employees who have a significant role
in the Partnerships internal controls which come to their attention,
(ii) the Committee shall review the recommendations of the independent
auditor for addressing any such matters, together with managements
responses thereto, and receive a report on and consider, at least
annually, the implementation of any improvements to the Partnerships
internal controls and procedures for financial reporting undertaken as
a result of any such review, until such improvements have been fully
implemented, and (iii) the Committee shall review managements annual
assessment of the Partnerships internal controls and procedures for
financial reporting and the independent auditors annual attestation of
such assessment, as such are required by SEC rules.
|
| |  |  | The Committee shall review and discuss with management and
independent auditors as may be appropriate, earnings press releases, as
well as financial information and earnings guidance provided to
analysts and rating agencies.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|
| |  |  | The Committee shall review with management and the independent
auditors the Partnerships interim financial statements and disclosures
under Managements Discussion and Analysis of Financial Condition and
Results of Operations with management and the independent auditors
prior to the filing of the Partnerships Quarterly Reports on Form
10-Q. Also, the Committee shall discuss with the independent auditors
the results of the quarterly review and any other matters required to
be discussed by Statement of Auditing Standards No. 61.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

7



---



##### 





| |  |  | The Committee shall review with management and the independent
auditors the financial statements and disclosures under Managements
Discussion and Analysis of Financial Condition and Results of
Operations (MDA) to be included in the Partnerships Annual Reports on
Form 10-K (or in any annual report to unitholders if distributed prior
to the filing of a Form 10-K), including their judgment about the
quality, not just the acceptability, of accounting principles, the
reasonableness of significant judgments, and the clarity of the
disclosures in the financial statements and MDA. Also, the Committee
shall discuss with the independent auditors the results of the annual
audit and any other matters required to be discussed by Statement of
Auditing Standards No. 61.
| | - |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | While the fundamental responsibility for the Partnerships
financial statements and disclosures rests with management, as reviewed
by the independent auditors, the Committee shall review.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    



| | - |  | Major issues regarding accounting principles and
financial statement presentations, including any significant
changes in the Partnerships selection or application of
accounting principles, and major issues as to the adequacy of
the Partnerships internal controls and any special audit steps
adopted in light of material control deficiencies.
| | - |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | - |  | Analyses prepared by management and/or the
independent auditors setting forth significant financial
reporting issues and judgments made in connection with the
preparation of the financial statements, including analyses of
the effects of alternative GAAP methods on the financial
statements.                                                     
|
| | - |  | The effect of regulatory and accounting initiatives,
as well as off-balance sheet structures, on the financial
statements of the Partnership.                                                                                                                                                                                                          
|
| | - |  | Earnings press releases disclosing pro forma, or
adjusted non-GAAP, information.                                                                                                                                                                                                                                                                   



| |  |  | The Committee shall establish procedures for
| | - |  | --------------------------------------------



| | - |  | The receipt, retention, and treatment of complaints
received by the Partnership regarding accounting, internal
accounting controls, or auditing matters.                       
| | - |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | - |  | The confidential, anonymous submission by employees
of the Company of concerns regarding questionable accounting or
auditing matters relating in any manner to the Partnership.



| |  |  | The Committee shall review any attorneys report of evidence of a
material violation of securities laws or breaches of fiduciary duty or
similar violation by the Company, the Partnership or any agent thereof.
| | - |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

8



---



##### 





| |  |  | The Committee shall periodically require each of its members to
certify that such person meets the independence requirements prescribed
by law and/or NYSE rules, including that such person has received no
compensation from the Company or Partnership other than director and
Board committee fees.                                                                                                                                                                                                                                                                                                                                               
| | - |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| |  |  | The Committee shall review its membership annually to assure that
all its members are financially literate and that at least one of its
members is an audit committee financial expert, all in accordance with
applicable SEC regulations and NYSE listing standards.                                                                                                                                                                                                                                                                                                                                                                                 
|
| |  |  | As appropriate, but not less than annually, the Committee shall
review with the Partnerships counsel any legal matters that could have
a significant impact on the Partnerships financial statements, the
Partnerships compliance with applicable laws and regulations, and
inquiries received from regulators or governmental agencies.                                                                                                                                                                                                                                                                                                           
|
| |  |  | The Committee shall establish, review and update periodically a
Code of Business Ethics for officers and employees of the Company,
including Senior Financial Officers, and ensure that management has
established a system to enforce such Code.                                                                                                                                                                                                                                                                                                                                                                                                     
|
| |  |  | The Committee shall review at least annually the Partnerships risk
assessment and risk management policies contained in the Risk
Management Plan and discuss with independent auditors any significant
areas of concern they may have with such Plan or its implementation.                                                                                                                                                                                                                                                                                                                                                                          
|
| |  |  | The Committee shall report regularly to the Board of Directors
following each meeting, which reports shall include any issues that
arise with respect to the quality or integrity of the Partnerships
financial statements, the Partnerships compliance with legal or
regulatory requirements, the performance and independence of the
Partnerships independent auditors or the performance of the internal
audit function and with respect to such other matters as are relevant
to the Committees discharge of its responsibilities and, in such
regard, the Committee shall provide such recommendations as the
Committee may deem appropriate.
|
| |  |  | The Committee shall perform any activities consistent with this
Charter, the Partnerships organizational documents, and governing law,
as the Committee or the Board deems necessary or appropriate.                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|
| |  |  | The Committee shall maintain minutes or other records of meetings
and actions of the Committee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       

9



---



##### 



Annual Self-Evaluation

The Committee shall conduct an annual self-evaluation of the performance
of the Committee, including its effectiveness and compliance with the Charter
of the Committee.

10