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Well, that's one reason why I don't think there's a lot of risk to it. I
know in previous deals the GE frame guys have agreed that we could give three redacted copies to suitors, and the real one to THE ONE. I think a casual conversation will work. The guarantees are nothing special, although the LD ramp rates sometimes matter. Lastly is delivery, but again, I don't think it will be a big issue. Maybe if Jake knows that he probably won't have to tell Lee who the suitors are, that might help. Kay Dale Rasmussen@ECT 03/07/2001 12:40 PM To: Kay Mann/Corp/Enron@ENRON cc: Carlos Sole/NA/Enron@Enron Subject: Re: Revised Documents Thanks for the update. I suggested to Jake that he do that (but perhaps too obliquely) yesterday. I will ask directly that he make it so. What is your sense as to the things that need to be redacted? The breakout contract is structured in terms of what remains to be paid (rather than what the overall purchase price was). I had understood that this was the subject matter that GE is most sensitive to. Kay Mann@ENRON 03/07/2001 10:45 AM To: Dale Rasmussen/HOU/ECT@ECT cc: Carlos Sole/NA/Enron@Enron Subject: Re: Revised Documents Neither have us have spoken to GE. I think Sheila spoke to Lee, but I don't know the substance of the conversation. We asked his permission on the Intergen deal, I believe. I told Jake last night that there are arguments which can be made on both sides as to whether GE needed too consent to having the contract distributed to a potential partner. He said he wanted to talk to you about it. My suggestion would be that someone on the commercial side discuss the general status, and ask if it is ok to send out a redacted contract. That is the most conservative approach. Kay Dale Rasmussen@ECT 03/07/2001 12:33 PM To: Carlos Sole/NA/Enron@ENRON cc: Kay Mann/Corp/Enron@Enron Subject: Re: Revised Documents Carlos: Jake is hoping to get a copy of the turbine contract out to Delta this afternoon. Do you know whether anyone has approached GE for consent to disclose the contracts to potential purchasers? It sounded yesterday as though the form of contract may be changing, anyway. Either way, GE's consent is probably required. Do you agree? Would you or Kay mind coordinating with Jake how and when the document can go out? From: Carlos Sole@ENRON on 03/07/2001 10:06 AM CST To: Jake Thomas/HOU/ECT@ECT, Stephen Thome/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, ccampbell@kslaw.com, jkeffer@kslaw.com cc: Subject: Revised Documents Please forward the attached documents below and not the prior ones in the other email. There was one reference each to Panda in the Delta documents. Delta Panda Sunlaw
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