Re: EOL question

Cyndie,

Do you know who initialed this agreement? I want to talk to him/her about
this provision.

Cyndie Balfour-Flanagan@ENRON
04/06/2001 02:09 PM

To: Stacy E Dickson/HOU/ECT@ECT
cc: Susan Elledge/NA/Enron@Enron, Bridgette Anderson/Corp/Enron@ENRON
Subject: EOL question

Long time since I placed one of these to you. . .

Okay,
NORTHEAST GAS MARKETS, LLC; An EOL approved CP (Investment Grade); We have
have a new GISB [Choice of Law = NY] & a Special provision (13.10) that I
haven't come across yet whereas - - - - - - Enron recognizes that NEGM is
acting as buyer on behalf of certain companies ("Repurchasers") to who it
immediately resells such gas at the Delivery Points, The Parties further
agree that the term "transporter" shall include any company acting in the
capacity of a transporter for any Repurchaser & agree that 4.3 will apply to
invoices from such Transporters for Imbalance Charges received. - - - - - I
can't see any reasons why this should cause this GISB to be excluded from EOL
transactions, but wanted to make sure that there wasn't some deeper intent
for the special provision that we would want to keep On-line transactions on
GTCs.

Anything we should beware of?

Gee, almost feels just like old times. :o)

Thanks!
Cyn