Counterparty Legal Names, Division, DBA's, Agency's

----- Forwarded by Tana Jones/HOU/ECT on 04/25/2001 09:02 AM -----

Bill D Hare
04/24/2001 05:55 PM

To: Mary Cook/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Linda S
Bryan/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Lisa
Lees/Enron@EnronXGate, Jennifer deBoisblanc Denny/Enron@EnronXGate, Bryce
Baxter/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Larry Joe Hunter/HOU/ECT@ECT, Elizabeth L
Hernandez/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, James Scribner/Corp/Enron@Enron, Jeffrey T
Hodge/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT, Cheryl
Johnson/Corp/Enron@Enron, Kathryn Pallant/NA/Enron@Enron, Stacy E
Dickson/HOU/ECT@ECT, Steve Venturatos/HOU/ECT@ECT
Subject: Counterparty Legal Names, Division, DBA's, Agency's

As a follow-up to a recent discussion with Tana Jones concerning counterparty
divisions, a meeting is being setup for Monday, April 30, from 1:00 PM thru
3:00 PM, to discuss counterparty naming conventions for Divisions, DBA's,
Agencies and the requirements of downstream systems. A few examples of
encountered naming variations are as follows:
1) Koch Industries versus Koch Industries, a division of Koch Corporation
2) Doing Business As, Koch Industries versus Koch Industries Inc.
3) Hess Energy Trading (UK) Limited versus Hess Energy Trading (UK) Limited,
as agent for Hess Energy Trading LLC
4) Legal structure change i.e. a counterparty changes from a corporation to
LLC

A few of the questions or issues surrounding counterparty name variations are
as follows:
1) Counterparties that are shared between Enron companies
2) Duplicate counterparties
3) Confirmations needs
4) Credit roll-up
5) Contract needs
6) Netting Issues

I have attempted to describe the most common of situations encountered
involving naming conventions but if any further consideration or
clarification is needed in regard to this matter, please feel free to add to
the above examples/ issues list or telephone me at ext.39249.

Julissa Marron, ext. 5836 will send out the meeting invitation with the room
location.

Bill