Enron Mail

From: frank.vickers@enron.com To: louise.kitchen@enron.com, john.lavorato@enron.com Subject: TBG Cc: Bcc: Date: Mon, 26 Nov 2001 08:12:54 -0800 (PST) The settlement with TBG has been completed. We will be making a payment to TBG of $1.8 million on December 7. New Agreement Same term - Sept 30, 2004 Terminate oud documents and replace with Master EnFolio Sell 12,500 MMbtu per day baseload - No swing quantites, and purchase is no longer tied to power production at TBG plant. Enron has multiple delivery points and price protection for specific delivery location $1.8 million payment is less then possible amount due to TBG at end of year under current contract terms under "true up" provision. Frank