TXU Lone Star Pipeline transportation agreement

As we discussed this morning, I have reviewed the subject agreement that you
faxed to me. As I indicated yesterday, if I had been provided to agreement
for approval by HPL, I would have approved it for execution. I still feel
that we should always have a waiver of consequential damages provision in the
agreements, however, as I indicated to Mitch, the risk of such damages is
very minimal. I think the resolution that you, Stacey and Mitch worked out
by changing the term to monthly is excellent. This will allow you to replace
the agreement in the future when TXU has developed it new form. Please call
me if you need anything further regarding this matter.