Document:

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                                                                    Exhibit 10.3

                         DELEGATION OF CONTROL AGREEMENT

                         DATED AS OF [__________], 2002

                                      AMONG

                       ENBRIDGE ENERGY MANAGEMENT, L.L.C.

                          ENBRIDGE ENERGY COMPANY, INC.

                                       AND

                         ENBRIDGE ENERGY PARTNERS, L.P.

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                         DELEGATION OF CONTROL AGREEMENT

      This DELEGATION OF CONTROL AGREEMENT (this "AGREEMENT") dated as of
[_____________________], 2002 (the "EFFECTIVE DATE"), is among Enbridge Energy
Management, L.L.C., a Delaware limited liability company ("Management"),
Enbridge Energy Company, Inc., a Delaware corporation (the "GENERAL PARTNER")
and Enbridge Energy Partners, L.P., a Delaware limited partnership (the "MLP").

                                 R E C I T A L S

      WHEREAS, the General Partner is the sole general partner of the MLP; and

      WHEREAS, the General Partner desires to delegate to Management all of the
General Partner's power and authority to manage and control the business and
affairs of the MLP to the fullest extent permitted under that certain Third
Amended and Restated Agreement of Limited Partnership of the MLP dated as of
even date herewith (the "MLP PARTNERSHIP AGREEMENT"); and

      WHEREAS, Management desires to accept such delegation; and

      WHEREAS, SECTION 6.6(C) of the Master Partnership Agreement and Section
17-403(c) of the Delaware Revised Uniform Limited Partnership Act permit such
delegation; and

      WHEREAS, the MLP wishes to confirm hereby its agreement with the terms of
this Agreement relating to the management and control of its business and
affairs by Management and certain other agreements for the benefit of the
General Partner, Management, their Affiliates and certain Indemnitees and
Indemnified Parties; and

      WHEREAS, concurrently with the execution of this Agreement, Management is
issuing and selling in an initial public offering (the "OFFERING") its shares
representing limited liability company interests in Management (the "LISTED
SHARES"), and the MLP is issuing to Management its i-units representing limited
partner interests in the MLP.

      NOW, THEREFORE, for good and valuable consideration the receipt and
sufficiency of which is hereby acknowledged, the parties hereto hereby agree as
follows:

                                   ARTICLE I
                      DEFINITIONS AND RULES OF CONSTRUCTION

      SECTION 1.01. DEFINITIONS. Capitalized terms used but not defined in this
Agreement shall have the meanings given to them in the MLP Partnership
Agreement.

      SECTION 1.02. RULES OF CONSTRUCTION. The following provisions shall be
applied wherever appropriate herein:

                  (i) "herein," "hereby," "hereunder," "hereof," "hereto" and
            other equivalent words shall refer to this Agreement as an entirety
            and not

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            solely to the particular portion of this Agreement in which any such
            word is used;

                  (ii) "including" means "including without limitation" and is a
            term of illustration and not of limitation;

                  (iii) all definitions set forth herein shall be deemed
            applicable whether the words defined are used herein in the singular
            or the plural;

                  (iv) unless otherwise expressly provided, any term defined
            herein by reference to any other document shall be deemed to be
            amended herein to the extent that such term is subsequently amended
            in such document;

                  (v) references herein to other documents and agreements shall
            mean such documents and agreements as amended and restated from time
            to time;

                  (vi) wherever used herein, any pronoun or pronouns shall be
            deemed to include both the singular and plural and to cover all
            genders;

                  (vii) neither this Agreement nor any other agreement, document
            or instrument referred to herein or executed and delivered in
            connection herewith shall be construed against any Person as the
            principal draftsperson hereof or thereof;

                  (viii) the section headings appearing in this Agreement are
            inserted only as a matter of convenience and in no way define,
            limit, construe or describe the scope or extent of such Section, or
            in any way affect this Agreement; and

                  (ix) any references herein to a particular Section, Article,
            Exhibit or Schedule means a Section or Article of, or an Exhibit or
            Schedule to, this Agreement unless another agreement is specified.

                                   ARTICLE II
                         DELEGATION AND RELATED MATTERS

      SECTION 2.01. DELEGATION TO MANAGEMENT.

            (a) The General Partner hereby irrevocably delegates to Management,
to the fullest extent permitted under the MLP Partnership Agreement and Delaware
law, all of the General Partner's power and authority to manage and control the
business and affairs of the MLP (such delegation being referred to herein as the
"MAXIMUM PERMITTED DELEGATION"), subject to termination only in accordance with
ARTICLE IV hereof, and all provisions in this Agreement are qualified to the
extent required in order for all such

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provisions to be consistent, now and in the future, with the Maximum Permitted
Delegation.

            (b) Notwithstanding the delegation provided for in SECTION 2.01(A),
the General Partner is not hereby withdrawing as general partner, or otherwise,
from the MLP, and the General Partner is retaining all of its Partnership
Interests and Percentage Interests and all of its rights to profits, losses,
distributions and allocations from the MLP, and none of the foregoing are hereby
being assigned or transferred to Management.

      SECTION 2.02. CONTINUED RESPONSIBILITY OF GENERAL PARTNER. Notwithstanding
the making by the General Partner of the Maximum Permitted Delegation to
Management, the General Partner shall remain responsible to the MLP for actions
taken or omitted by Management within the scope of such delegation as if the
General Partner had itself taken or omitted to take any such actions. The
General Partner's responsibility to the MLP is not expanded or limited by this
Agreement and shall be in effect to the same extent and on the same terms and
conditions as specified in the MLP Partnership Agreement or under Delaware law.
The General Partner shall be entitled to monitor Management's performance under
this Agreement and shall have the right and power to direct Management to take,
or to cease from taking, any action that would constitute a breach of the MLP
Partnership Agreement. The General Partner shall have access to the books,
records and documents of the MLP and Management and to any of their officers,
directors and employees to monitor Management's performance under this
Agreement.

      SECTION 2.03. ACCEPTANCE OF DELEGATION BY MANAGEMENT. Management hereby
accepts the Maximum Permitted Delegation and agrees to perform the Maximum
Permitted Delegation according to the standards specified in ARTICLE III hereto.

      SECTION 2.04. APPROVAL BY GENERAL PARTNER. Without expanding or limiting
the definition of Maximum Permitted Delegation, the taking by Management of the
following actions shall require the prior written approval of the General
Partner:

                  (i) amend or propose an amendment to the MLP Partnership
            Agreement;

                  (ii) allow a merger or consolidation involving the MLP;

                  (iii) allow a sale or exchange of all or substantially all of
            the assets of the MLP; or

                  (iv) dissolve or liquidate the MLP.

      SECTION 2.05. USE OF AFFILIATES BY MANAGEMENT. Management may perform the
Maximum Permitted Delegation either directly or through one or more Affiliates.
If Management performs all or any part of the Maximum Permitted Delegation
through any Affiliate, (i) Management shall remain fully responsible for actions
taken or omitted by the Affiliate and (ii) for purposes of ARTICLES I through V,
Management and all such Affiliates shall be taken together and treated as
Management.

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                                  ARTICLE III
                                POWERS AND DUTIES

      SECTION 3.01. STANDARDS OF PERFORMANCE.

            (a) In performing the Maximum Permitted Delegation, Management shall
be responsible to the General Partner and the MLP to the same extent and
according to the same standards as would have been applicable to the General
Partner in favor of the MLP had the General Partner continued to exercise the
delegated power and authority directly. Management shall owe the same duties and
responsibilities, shall receive the same benefits, shall be entitled to the same
procedural protections and indemnifications and shall be governed by the same
standards that would apply to the General Partner with respect to the MLP, but
for this Agreement. If the power and/or authority of the General Partner are
modified pursuant to a subsequent amendment and/or restatement of the MLP
Partnership Agreement, changes in Delaware law or otherwise, then the power and
authority delegated to Management shall be modified on the same basis.

            (b) Without limiting the generality of the foregoing, SECTIONS 6.8,
6.9 and 6.10 of the MLP Partnership Agreement shall be applicable to
Management's performance of the Maximum Permitted Delegation.

      SECTION 3.02. RESOLUTION OF CONFLICTS OF INTEREST. Without limiting the
generality of SECTION 3.01, all potential and actual conflicts of interest that
exist or arise between the General Partner, Management and any of their
respective Affiliates, on the one hand, and the MLP, any of its subsidiaries,
any Partner or any Assignee, on the other hand, shall be resolved in accordance
with SECTION 6.9 of the MLP Partnership Agreement.

      SECTION 3.03. RELIANCE ON COUNSEL, ETC. Without limiting the generality of
SECTION 3.01, Management may rely on SECTION 6.10 of the MLP Partnership
Agreement to the same extent as the General Partner.

      SECTION 3.04. RELIANCE BY THIRD PARTIES. Without limiting the generality
of SECTION 3.01, Management may rely on SECTION 6.13 of the MLP Partnership
Agreement to the same extent as the General Partner.

      SECTION 3.05. INDEMNIFICATION. Without limiting the generality of SECTION
3.01, Management is an "Indemnitee" and an "Affiliate" with respect to the
General Partner and the MLP (as each of those terms is defined in ARTICLE II of
the MLP Partnership Agreement). Management and its officers and directors and
all other persons covered thereby shall be entitled to mandatory indemnity and
shall be entitled to be held harmless by the MLP to the extent that the General
Partner is entitled to indemnity under the MLP Partnership Agreement, subject to
the conditions provided in the MLP Partnership Agreement. The General Partner
hereby deems it advisable that such indemnification and holding harmless shall
(rather than may) be done and provided by the MLP to the fullest extent and
subject to the conditions provided in the MLP Partnership Agreement.

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The General Partner and the other parties specified in the MLP Partnership
Agreement shall continue to be entitled to the benefits of the indemnity
provisions set forth therein.

      SECTION 3.06. DAMAGE LIMITATIONS. Without limiting the generality of
SECTION 3.01, the provisions of SECTION 6.8 of the MLP Partnership Agreement
shall be applicable to Management.

      SECTION 3.07. REIMBURSEMENT.

            (a) Without limiting the generality of SECTION 3.01, Management
shall be entitled to the benefit of SECTION 6.4 of the MLP Partnership
Agreement, which allows the General Partner to be reimbursed by the MLP for
direct, indirect, necessary and/or appropriate expenses it incurs or payments it
makes on behalf of the MLP, or which are allocable to or otherwise reasonably
incurred by the General Partner or the MLP, including reimbursement for all fees
and expenses incurred in connection with the performance of its obligations
under the Securities Act of 1933, as amended, the Securities Act of 1934, as
amended, and any other federal and state laws, including, fees and expenses of
legal counsel, accountants and financial advisors. Such reimbursements shall be
made in such form, to such persons and at such intervals as Management shall
determine in its sole discretion. The General Partner shall continue to be
entitled to be reimbursed as provided in the MLP Partnership Agreement.

            (b) Notwithstanding anything to the contrary in this Agreement, so
long as the Maximum Permitted Delegation continues in effect, Management shall
be entitled to be reimbursed by the MLP for foreign, state and local taxes not
otherwise paid or reimbursed pursuant to the Tax Indemnification Agreement dated
as of even date herewith between Management and Enbridge Inc.

                                   ARTICLE IV
                            TERMINATION OF DELEGATION

      SECTION 4.01. TERMINATION. The Maximum Permitted Delegation under this
Agreement commences on the Effective Date and shall continue in effect until the
earliest to occur of any of the following, at which time such delegation shall
cease and terminate as provided below:

                  (i) All outstanding Listed Shares shall become owned by the
            General Partner or its Affiliates (including, without limitation,
            Enbridge Inc. ("ENBRIDGE") or its Affiliates) and such termination
            of the Maximum Permitted Delegation shall have been approved by the
            General Partner and Management at which time the Maximum Permitted
            Delegation shall cease; or

                  (ii) The General Partner shall withdraw or shall be removed as
            general partner of the MLP, at which time the Maximum Permitted
            Delegation shall cease; or

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                  (iii) A termination of the Maximum Permitted Delegation shall
            have been approved by (A) General Partner, (B) Management and (C)
            holders (other than the General Partner and its Affiliates) of a
            majority of the outstanding Listed Shares (excluding any Listed
            Shares owned by the General Partner and its Affiliates).

                                   ARTICLE V
                                  MISCELLANEOUS

      SECTION 5.01. FURTHER ACTION. The parties shall execute and deliver all
documents, provide all information and take or refrain from taking actions as
may be necessary or appropriate to achieve the purposes of this Agreement.

      SECTION 5.02. BINDING EFFECT; ASSIGNMENT. This Agreement shall be binding
upon and inure to the benefit of the parties hereto and their successors and
permitted assigns. This Agreement may not be assigned, in whole or in part, by
any party to this Agreement without the written consent of the other parties to
this Agreement.

      SECTION 5.03. INTEGRATION. This Agreement and the other instruments and
agreements specifically referenced herein constitute the entire agreement among
the parties hereto.

      SECTION 5.04. CREDITORS. None of the provisions of this Agreement shall be
for the benefit of, or shall be enforceable by, any creditor of any party
hereto.

      SECTION 5.05. WAIVER. No failure by any party to insist upon the strict
performance of any covenant, duty, agreement or condition of this Agreement or
to exercise any right or remedy consequent upon a breach thereof shall
constitute a waiver of any such breach or any other covenant, duty, agreement or
condition.

      SECTION 5.06. COUNTERPARTS. This Agreement may be executed in
counterparts, all of which together shall constitute an agreement binding on all
parties hereto, notwithstanding that all such parties are not signatories to the
original or the same counterpart.

      SECTION 5.07. APPLICABLE LAW. This Agreement shall be subject to and
governed by the laws of the State of Delaware, excluding any conflicts of law
rule or principle that might refer the construction or interpretation hereof to
the laws of another state.

      SECTION 5.08. INVALIDITY OF PROVISIONS. If any provision of this Agreement
is or becomes invalid, illegal or unenforceable in any respect, the validity,
legality and enforceability of the remaining provisions contained herein shall
not be affected thereby.

      SECTION 5.09. AMENDMENTS. This Agreement may be amended by an agreement in
writing signed by Management, the General Partner and the MLP without the vote,
approval or consent of the holders of Listed Shares, unless such amendment
would, as determined in the sole discretion of the board of directors of
Management, materially

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adversely affect the rights or preferences of such holders of Listed Shares or
would reduce the time for any notice to which such holders of Listed Shares may
be entitled, in which case such amendment shall require the affirmative vote or
consent of the holders of at least a majority of the Listed Shares then
Outstanding (as that term is defined in Management's limited liability company
agreement).

      SECTION 5.10. COVENANT OF GENERAL PARTNER. The General Partner hereby
covenants and agrees that it shall not withdraw as general partner of the MLP so
long as any of the Listed Shares are owned by any persons other than Enbridge or
its Affiliates.

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      IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be
effective as of the Effective Date.

                                 ENBRIDGE ENERGY MANAGEMENT, L.L.C.

                                 By:
                                       ---------------------------------------
                                 Name:
                                       ---------------------------------------
                                 Title:
                                       ---------------------------------------

                                 ENBRIDGE ENERGY COMPANY, INC.

                                 By:
                                       ---------------------------------------
                                 Name:
                                       ---------------------------------------
                                 Title:
                                       ---------------------------------------

                                 ENBRIDGE ENERGY PARTNERS, L.P.
                                 By:   Enbridge Energy Company, Inc.,
                                       as general partner

                                 By:
                                       ---------------------------------------
                                 Name:
                                       ---------------------------------------
                                 Title:
                                       ---------------------------------------

               SIGNATURE PAGE TO DELEGATION OF CONTROL AGREEMENT<PAGE>

                                                                    EXHIBIT 10.4

                          AMENDED AND RESTATED TREASURY

                               SERVICES AGREEMENT

                      DATED AS OF [_________________], 2002

                                      AMONG

                                  ENBRIDGE INC.

                          ENBRIDGE ENERGY COMPANY, INC.

                                       AND

                       ENBRIDGE ENERGY MANAGEMENT, L.L.C.

<PAGE>

             AMENDED AND RESTATED TREASURY SERVICES AGREEMENT

      This AMENDED AND RESTATED TREASURY SERVICES AGREEMENT (this
"AGREEMENT") is made as of [__________], 2002 (the "EFFECTIVE DATE"),
among Enbridge Inc. (f/k/a IPL Energy Inc.), a Canadian corporation
("ENBRIDGE"), Enbridge Energy Company, Inc. (f/k/a Lakehead Pipe Line
Company, Inc.), a Delaware corporation ("EECI"), and Enbridge Energy
Management, L.L.C., a Delaware limited liability company ("MANAGEMENT").

                                    RECITALS

      WHEREAS, Enbridge and EECI are parties to that certain Treasury Services
Agreement dated as of January 1, 1996 (the "Treasury Services Agreement")
pursuant to which Enbridge provides to EECI certain treasury services; and

      WHEREAS, EECI is the sole general partner of Enbridge Energy
Partners, L.P. (f/k/a Lakehead Pipe Line Partners, L.P.), a Delaware
limited partnership (the "MLP"); and

      WHEREAS, pursuant to a Delegation of Control Agreement among Management,
EECI and the MLP dated as of even date herewith, EECI has delegated to
Management the power and authority to manage and control the business and
affairs of the MLP; and

      WHEREAS, the parties desire to amend and restate the Treasury Services
Agreement as set forth herein to make Management a party so that the services
provided by Enbridge under this Agreement for the benefit of the MLP will be
provided to Management; and

      WHEREAS, Enbridge will continue to provide certain services under this
Agreement to EECI in its individual capacity.

      NOW, THEREFORE, for and in consideration of the mutual covenants contained
in this Agreement, the parties hereto hereby agree to amend and restate the
Treasury Services Agreement as follows:

                                    ARTICLE I
                              PROVISION OF SERVICES

      SECTION 1.1 PROVISION OF SERVICES.

            (a) Enbridge shall provide the services set forth on EXHIBIT A (the
"TREASURY SERVICES") to Management in connection with Management's management
and control of the MLP.

            (b) Enbridge shall provide such of the Treasury Services to EECI as
EECI shall request from time to time.

            (c) The services to be provided hereunder shall be provided from
time to time at such times and pursuant to such instructions and specifications
as Management and EECI shall provide.

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       SECTION 1.2 FEES.

            (a) Commencing on the Effective Date of this Agreement and ending on
December 31, 2002, and for each fiscal year of Management thereafter, Management
shall pay to Enbridge an annual fee equal to the product of Enbridge's total
forecasted North American treasury expenses for Enbridge's corresponding fiscal
year, multiplied by a percentage equal to the following:

                  (i)   the percentage amount of North American treasury
expenses attributable to Management in the prior year; or

                  (ii) if either party proposes a variation to the percentage
amount from that used for the previous year, a percentage amount mutually agreed
upon by the Vice-President and Treasurer of Enbridge and the Controller of
Management.

            (b) Commencing on the Effective Date of this Agreement and ending on
December 31, 2002, and for each fiscal year of EECI thereafter, EECI shall pay
to Enbridge an annual fee equal to the product of Enbridge's total forecasted
North American treasury expenses for Enbridge's corresponding fiscal year,
multiplied by a percentage equal to the following:

                  (i)   the percentage amount of North American treasury
expenses attributable to EECI in the prior year; or

                  (ii) if either party proposes a variation to the percentage
amount from that used for the previous fiscal year, a percentage amount mutually
agreed upon by the Vice-President and Treasurer of Enbridge and the Controller
of EECI.

            (c) The percentage amount to be borne by Management and EECI will
reflect a fair and reasonable allocation to each of them of the total treasury
expenses for the applicable year. If material, an adjustment will be made for
the difference between the year's actual treasury expenses compared to the
year's forecasted treasury expenses.

            (d) Any fees payable hereunder for periods less than a full fiscal
year shall be prorated for the period services were provided based on the actual
number of days elapsed and a year of 365 days.

       SECTION 1.3 PAYMENT OF FEES.

            (a) The fees to be paid pursuant to SECTION 1.2 shall be paid by
Management and EECI in 12 equal monthly installments within 30 days of receiving
a communication from Enbridge regarding fees for the Treasury Services.

            (b) For services attributable to the MLP, Enbridge shall, at
Management's request, directly bill the MLP for such services.

      SECTION 1.4 TERM. The provisions of this Article I will apply in respect
of treasury expenses until this Agreement is terminated or amended in accordance
with SECTION 2.1 or SECTION 2.17, respectively.

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       SECTION 1.5 U.S. DOLLARS.  All amounts payable under this Agreement are
expressed, and shall be paid, in U.S. dollars.

                                   ARTICLE II
                                  MISCELLANEOUS

       SECTION 2.1 TERMINATION. The obligations of a party to this Agreement may
be terminated by such party upon 30 days' prior written notice to the other
parties. Such termination shall not relieve a terminating party of its
obligations up to and including the date of termination.

      SECTION 2.2 NO JOINT VENTURE. This Agreement is not intended to create,
and shall not be construed as creating, any relationship of partnership, agency,
joint venture or association for profit between the parties.

      SECTION 2.3 NO FIDUCIARY DUTIES. The parties hereto shall not have any
fiduciary obligations or duties to the other parties by reason of this
Agreement. Subject to the Omnibus Agreement among EECI, the MLP, Enbridge
Pipelines Inc. and Management dated as of even date herewith, any party hereto
may conduct any activity or business for its own profit whether or not such
activity or business is in competition with any activity or business of the
other party.

      SECTION 2.4 LIMITATION OF DAMAGES. In providing the Treasury Services,
Enbridge shall not be liable for damages to Management or EECI for any delays or
errors in providing the Treasury Services or for loss of data or records save
and except where said delays or errors are the result of the willful misconduct,
gross negligence or breach of this Agreement by Enbridge or its agents.

      SECTION 2.5 NO REPRESENTATIONS OR WARRANTIES. The Treasury Services shall
be provided on the basis that Enbridge does not make any warranties or
representations, express or implied, with respect to the Treasury Services save
and except that the Treasury Services shall be provided by qualified personnel
in a professional and timely manner.

      SECTION 2.6 RELEASE. Management and EECI hereby release Enbridge from any
claims which they may have with respect to the provision of the Treasury
Services unless such claims are the result of the willful misconduct or gross
negligence of Enbridge or a breach of this Agreement by Enbridge.

      SECTION 2.7 INDEMNIFICATION. Management and EECI shall indemnify and hold
Enbridge harmless from and against any loss, damage, claim, liability, debt,
obligation or expense (including reasonable legal fees and disbursements)
incurred or suffered by Enbridge and relating in any way to this Agreement or
the provision of the Treasury Services, excluding any loss, damage, claim,
liability, debt, obligation or expense resulting from or arising from or in
connection with a negligent act or omission of Enbridge or a breach of this
Agreement by Enbridge.

      SECTION 2.8 FORCE MAJEURE. If any party to this Agreement is rendered
unable by force majeure to carry out its obligations under this Agreement, other
than Management's or EECI's obligation to make payments to Enbridge as provided
for herein, that party shall give the other parties prompt written notice of the
force majeure with reasonably full particulars

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concerning it. Thereupon, the obligations of the party giving the notice,
insofar as they are affected by the force majeure, shall be suspended during,
but no longer than the continuance of, the force majeure. The affected party
shall use all reasonable diligence to remove or remedy the force majeure
situation as quickly as practicable.

      The requirement that any force majeure situation be removed or remedied
with all reasonable diligence shall not require the settlement of strikes,
lockouts or other labour difficulty by the party involved, contrary to its
wishes. Rather, all such difficulties, may be handled entirely within the
discretion of the party concerned.

      The term "force majeure" means any one or more of:

            (a)   an act of God;

            (b)   a strike, lockout, labour difficulty or other
industrial disturbance;

            (c)   an act of a public enemy, war, blockade, insurrection
or public riot;

            (d)   lightning, fire, storm, flood or explosion;

            (e)   governmental action, delay, restraint or inaction;

            (f)   judicial order or injunction;

            (g)   material shortage or unavailability of equipment; or

            (h) any other cause or event, whether of the kind specifically
enumerated above or otherwise, which is not reasonably within the control of the
party claiming suspension.

      SECTION 2.9 FURTHER ACTS. Each party shall from time to time, and at all
times, do such further acts and execute and deliver all such further deeds and
documents as shall be reasonably requested by another party in order to fully
perform and carry out the terms of this Agreement.

      SECTION 2.10 TIME OF THE ESSENCE. Time is of the essence in this
Agreement.

      SECTION 2.11 NOTICES. Any notice, request, demand, direction or other
communication required or permitted to be given or made under this Agreement to
a party shall be in writing and may be given by hand delivery, postage prepaid
first-class mail delivery, delivery by a reputable international courier service
guaranteeing next business day delivery or by facsimile (if confirmed by one of
the foregoing methods) to such party at its address noted below:

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            (a)   in the case of Enbridge, to:

                  Enbridge Inc.
                  3000 425 - 1st Street S.W.
                  Calgary, Alberta T2P 3L8
                  Attention:  Vice-President, Finance
                  Facsimile:  (403) 231-4848

            (b)   in the case of EECI, to:

                  Enbridge Energy Company, Inc.
                  1100 Louisiana, Suite 3330
                  Houston, Texas  77002
                  Attention:  President
                  Facsimile:  (713) 821-2229

            (c)   in the case of Management, to:

                  Enbridge Energy Management, L.L.C.
                  1100 Louisiana, Suite 3300
                  Houston, Texas  77002
                  Attention:  President
                  Facsimile:  (713) 821-2229

or at such other address of which notice may have been given by such party in
accordance with the provisions of this Section.

      SECTION 2.12 COUNTERPARTS. This Agreement may be executed in several
counterparts, no one of which needs to be executed by all of the parties. Such
counterpart, including a facsimile transmission of this Agreement, shall be
deemed to be an original and shall have the same force and effect as an
original. All counterparts together shall constitute but one and the same
instrument.

      SECTION 2.13 APPLICABLE LAW. The provisions of this Agreement shall be
construed in accordance with the laws of the Province of Alberta and the laws of
Canada applicable therein, excluding any conflicts of law rule or principle that
might refer the construction or interpretation hereof to the laws of another
jurisdiction.

      SECTION 2.14 BINDING EFFECT; ASSIGNMENT. This Agreement will inure to the
benefit of and be binding upon the parties hereto and their respective
successors and permitted assigns. This Agreement may not be assigned by any
party hereto without the prior written consent of the other party.

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      SECTION 2.15 RULES OF CONSTRUCTION. The following provisions shall be
applied wherever appropriate herein:

      (i) "herein," "hereby," "hereunder," "hereof," "hereto" and other
equivalent words shall refer to this Agreement as an entirety and not solely to
the particular portion of this Agreement in which any such word is used;

      (ii)  "including" means "including without limitation" and is a
term of illustration and not of limitation;

      (iii) all definitions set forth herein shall be deemed applicable whether
the words defined are used herein in the singular or the plural;

      (iv) unless otherwise expressly provided, any term defined herein by
reference to any other document shall be deemed to be amended herein to the
extent that such term is subsequently amended in such document;

      (v) references herein to other documents and agreements shall mean such
documents and agreements as amended and restated from time to time;

      (vi) wherever used herein, any pronoun or pronouns shall be deemed to
include both the singular and plural and to cover all genders;

      (vii) this Agreement shall not be construed against any person as
the principal draftsperson hereof;

      (viii) the section headings appearing in this Agreement are inserted only
as a matter of convenience and in no way define, limit, construe or describe the
scope or extent of such Section, or in any way affect this Agreement; and

      (ix) any references herein to a particular Section, Article, Exhibit or
Schedule means a Section or Article of, or an Exhibit or Schedule to, this
Agreement unless another agreement is specified.

      SECTION 2.16 CONFIDENTIALITY OF INFORMATION.

            (a) Each party to this Agreement agrees to keep all information
provided by the other party (the "DISCLOSING PARTY") to it (the "RECEIVING
PARTY") confidential, and a receiving party shall not, without the prior consent
of an authorized senior officer of the disclosing party, disclose any part of
such information which is not available in the public domain from public or
published information or sources except:

                  (i) to those of its employees who require access to the
information in connection with performance of the Treasury Services by a
receiving party under this Agreement;

                                        6
<PAGE>

                  (ii) as in the receiving party's judgment may be appropriate
to be disclosed in connection with the provision by the receiving party of the
Treasury Services hereunder;

                  (iii) as the receiving party may be required to disclose in
connection with the preparation by the receiving party or any of its affiliates
of reporting documents, including annual financial statements, annual reports
and any filings or disclosure required by statute, regulation or order of a
regulatory authority; and

                  (iv) to such legal and accounting advisors, valuers and other
experts as in the receiving party's judgment may be appropriate or necessary in
order to permit the receiving party to rely on the services of such persons in
carrying out the receiving party's duties under this Agreement.

            (b)   The covenants and agreements of the parties to this
Agreement shall not apply to any information:

                  (i) which is lawfully in the receiving party's possession or
in the possession of its professional advisors or its personnel, as the case may
be, at the time of disclosure and which was not acquired directly or indirectly
from the disclosing party;

                  (ii) which is at the time of disclosure in, or after
disclosure falls into, the public domain through no fault of the receiving party
or its personnel;

                  (iii) which, subsequent to disclosure by the disclosing party,
is received by the receiving party from a third party who, insofar as is known
to the receiving party, is lawfully in possession of such information and not in
breach of any contractual, legal or fiduciary obligation to the disclosing party
and who has not required the receiving party to refrain from disclosing such
information to others; and

                  (iv) disclosure of which the receiving party reasonably deems
necessary to comply with any legal or regulatory obligation which the receiving
party believes in good faith it has.

      SECTION 2.17 INTELLECTUAL PROPERTY.

            (a) In this SECTION 2.18, "INTELLECTUAL PROPERTY" means the rights
to (i) inventions, (ii) all granted patents for inventions, including reissue
thereof, (iii) copyrights, (iv) industrial designs, (v) trademarks, (vi) trade
secrets, (vii) know-how and (viii) any other industrial or intellectual property
right, in every country where same exists from time to time, all applications
therefor, the right to make applications therefor and the right to claim
priority therefrom as provided by international convention.

            (b) All Intellectual Property that is conceived, developed,
produced, substantiated, or first reduced to practice by Enbridge in the course
of performing the Treasury Services pursuant to this Agreement shall accrue to
and be owned by Management or EECI, as the case may be, subject only to the
grantback of a non-exclusive, worldwide, royalty-free, perpetual right and
license to Enbridge to reproduce, translate, modify, revise, make, use and

                                        7
<PAGE>

have made that Intellectual Property as reasonably required in connection with
the internal business purposes of Enbridge.

      SECTION 2.18 INVALIDITY OF PROVISIONS. In the event that one or more of
the provisions contained in this Agreement shall be invalid, illegal or
unenforceable in any respect under any applicable law, the validity, legality or
enforceability of the remaining provisions hereof shall not be affected or
impaired thereby. Each of the provisions of this Agreement is hereby declared to
be separate and distinct.

      SECTION 2.19 MODIFICATION; AMENDMENT. Subject to obtaining the necessary
regulatory approvals, this Agreement may not be modified or amended except by an
instrument in writing signed by each of the parties hereto or by their
respective successors or permitted assigns.

      SECTION 2.20 ENTIRE AGREEMENT. This Agreement constitutes the whole and
entire agreement between the parties hereto and supersedes any prior agreement,
undertaking, declarations, commitments or representations, verbal or oral, in
respect of the subject matter hereof.

                            [Signature Page Follows]

                                        8
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement with
effect as of the date first above written.

                                    ENBRIDGE INC.

                                    By:   ____________________________________
                                    Name: ____________________________________
                                    Title:____________________________________

                                    By:   ____________________________________
                                    Name: ____________________________________
                                    Title:____________________________________

                                    ENBRIDGE ENERGY COMPANY, INC.

                                    By:   ____________________________________
                                    Name: ____________________________________
                                    Title:____________________________________

                                    ENBRIDGE ENERGY MANAGEMENT, L.L.C.

                                    By:   ____________________________________
                                    Name: ____________________________________
                                    Title:____________________________________

      SIGNATURE PAGE TO AMENDED AND RESTATED TREASURY SERVICES AGREEMENT

<PAGE>

                                    EXHIBIT A

      Treasury Services to Management and EECI:

      (a) Acting as primary interface between Management/EECI and
financial markets.

      (b) Short-term money management (investment of surplus funds and
short-term borrowing).

      (c) Servicing long-term debt and equity obligations.

      (d) Banking arrangements (compensation, operating lines of credit, letters
of credit, advice on banking and cash management issues).

      (e) Advice relating to interest rate, foreign exchange, counterparty
credit and commodity price risk management.

      (f) Advice on major lease versus buy financing decisions, and
project financing as required.

      (g) Advice on existing public and private debt and the structure and
arrangement of new debt and equity financing as required.

      (h) Acting as primary interface with external credit rating
agencies.

      (i) Participation in preparation for rate hearings and planning, corporate
finance and cash management issues.

      (j) Use of financial systems for maintenance of treasury information,
financial risk management and generation of treasury transaction records.

                                       A-1

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