Enron Mail

From:kay.mann@enron.com
To:greg_spitzer@chicago.kirkland.com
Subject:Re: Option Agreement
Cc:j.nassos@pecorp.com, j.burns@pecorp.com, dtauke@winston.com,gaxelrod@kirkland.com
Bcc:j.nassos@pecorp.com, j.burns@pecorp.com, dtauke@winston.com,gaxelrod@kirkland.com
Date:Thu, 8 Jun 2000 02:48:00 -0700 (PDT)

My comments to the Assignment Agreement are as follows:

In paragraph A, "transformors" should be "transformers".

Please note the following comments to 6:

6. Successors and Assigns. This Assignment shall be binding on and inure to
the benefit of the parties hereto, their successors and assigns. This
Assignment and the rights and obligations herein may not be transferred or
assigned by one party without the other party's written consent, except that
Assignee shall be entitled to assign this Assignments to Calumet Power, LLC
or its affiliates (if permitted by the Option Agreement) and there upon be
released from any and all obligations hereunder upon the giving of written
notice to Enron.

I do not have any comments to the notice.

Please let me know if you have any questions.

Kay Mann





greg_spitzer@chicago.kirkland.com on 06/07/2000 05:19:44 PM
To: j.nassos@pecorp.com, j.burns@pecorp.com, dtauke@winston.com,
kay.mann@enron.com
cc: gaxelrod@kirkland.com

Subject: Option Agreement




Attached please find revised blacklined versions of the Assignment of Option
Agreement and Notice of Exercise of Option, incorporating changes from various
parties. The enclosed is subject to further comment from WLB and Peoples
Energy.

Please contact me with any questions regarding the enclosed.

Greg Spitzer
312-861-2115

(See attached file: ASSIGNMENT OF OPTION-RED1.WPD)(See attached file: EXERCISE
OPTION-RED.WPD)

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- ASSIGNMENT OF OPTION-RED1.WPD
- EXERCISE OPTION-RED.WPD