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Enron Mail |
We have received a revised Unanimous Consent of Directors dated 8/28/00
("Board Resolution") from the referenced Counterparty which expands the approval given in their initial Board Resolution (provided when we executed the ISDA Master Agreement) to allow them to enter into "pulp, lumber and paper commodity price swap and options, and other commodity price swap and option transactions" with ENA. For ClickPaper, this should allow them to trade all the financial products we trade. For EnronOnline, this should allow them to trade all commodity swaps and options. If Credit will add this to the next spreadsheets for both ClickPaper and EnronOnline, I will amend my approval. I will circulate a copy of the revised Board Resolution to Global Contracts and Camille Gerard.
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