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Latest docs.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/20/2000 04:02 PM --------------------------- "George Kutzschbach" <gkutzschbach@fulbright.com< on 12/20/2000 04:00:27 PM To: Ben.F.Jacoby@enron.com, Kay.Mann@enron.com, CCampbell@KSLAW.com, JKeffer@KSLAW.com cc: DPedigo@INTERGEN.com Subject: Certain revisions to LLC Agreement Attached is a copy of the last draft of the LLC Agreement prepared by ENA which I have revised to incorporate the changes discussed in your recent telephone conversation with Doug Pedigo. In the interest of time, I have not revised the attached LLC Agreement to reflect the substitution of Sweetgum for Tejas. Section 6.1©(iii) was revised to reflect Sweetgum's right to freely assign its LLC interest. Section 6.2(a) was revised to reflect Sweetgum's right to exercise the call at any time if it either obtains or waives the GE consent. Section 6.2© was revised to allow ENA to exercise its put at any time (i) if it obtains GE's consent in form and substance satisfactory to Sweetgum in its sole discretion or (ii) after all GE warranties have expired. To expedite matters, I am forwarding these changes to you at the same time I am forwarding them to Doug.
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