X0202 4 2008-01-17 0 0001075607 TC PIPELINES LP TCLP 0001208444 MARSHALL DAVID 110 TURNPIKE ROAD SUITE 203 WESTBOROUGH MA 01581 1 0 0 0 Deferred Share Units 2008-01-17 4 A 0 540 0 A Common units representing limited p/ship interests 540 540 D N/A - Upon termination of board service, Common Units representing limited partnership interests may be purchased on the open market on behalf of Mr. Marshall whereby he would receive Common Units in a number equal to the number of Deferred Share Units ("DSUs") recorded in his account less any applicable withholdings. Alternatively, Mr. Marshall may elect to receive the value of his DSU entitlement in cash. The cash payment amount shall be determined by multiplying the number of DSUs recorded in his account by the Fair Market Value of a Common Unit less any applicable withholdings. N/A - the DSUs are fully vested and are redeemable only following Mr. Marshall's termination of Board service. /s/ Donald J. DeGrandis, Attorney for David Marshall 2008-01-18