FW: Fourth Amendment to Master Agreement

-----Original Message-----
From: Beth Ng <Beth.Ng@morganstanley.com<@ENRON
Sent: Friday, October 26, 2001 12:39 PM
To: Shackleton, Sara
Cc: Bailey, Susan
Subject: Fourth Amendment to Master Agreement

Sara:

As per our telephone conversation, Bill Bradford and Anthony Lupiano
have reached agreement in regards to the credit Threshold matrix. The
credit rating and thresholds are as follows:

BBB+/Baa1 or above: $15 million
BBB/Baa2: $10 million
BBB-/Baa3: $5 million
Below BBB-/Baa3: Zero

Attached you will find a revised Fourth Amendment. Please arrange for
it to be executed and return to my attention.

Many thanks and regards,

Beth Ng
Commodities Division - Documentation
Tel: 212 761 8720
Fax: 212-507-4898 / 212 761 0293
Email: Beth.Ng@morganstanley.com

1585 Broadway, 4th Floor
New York, NY 10036

- enron north america_4th Amend_10-26-01.doc
- Beth.Ng.vcf