Re: Franklin Adkins Payment Schedule

John,
I believe that the schedule is self explanatory and no letter needs to be
provided.

John M Singer@ENRON
03/13/2001 01:49 PM

To: Dan J Hyvl/HOU/ECT@ECT
cc: Wade R Price/HOU/ECT@ECT, Mary Theresa Franklin/HOU/ECT@ECT, Nelson
Ferries/Corp/Enron@ENRON
Subject: Franklin Adkins Payment Schedule

As you are aware, Franklin Adkins has removeed his meters from ENA effective
February 1, 2001. Mr. Adkins has a fixed price, firm deal with ENA for
13,000 Dth/month @ $3.075. The term is 4/1/00 through 3/31/01. Mr. Adkins
has breached his contract with ENA by pulling his meters 2 months before the
end of the contract.

Attached you will find a schedule calculating what we owe Mr. Adkins for
January 2001 Actuals, LESS the contractual commitments for February and March
2001.

Should a letter as well as this schedule be sent to Mr. Adkins explaining
that ENA is reducing his January payment by the February and March
commitment? If so, would you write the letter?

John