Kay:

Any progress on drafting a letter of intent, or are you still waiting on
feedback from the team?

Just let me know. Thanks!
Bill

-----Original Message-----
From: Mann, Kay
Sent: Thursday, May 17, 2001 9:20 AM
To: Manis, Herman; Fleenor, William
Cc: May, Tom; Keeney, William; Marks, David; Scheuer, Janelle
Subject: Re: NRG bullet points

Herman/Billy,

This is still very early in the process, but some thought as to structure
options for earning recognition might be worthwhile.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/17/2001 09:17
AM ---------------------------


Kay Mann
05/16/2001 12:36 PM
To: William Keeney/ENRON@enronXgate
cc: Tom May/Corp/Enron@Enron, David Marks/ENRON@enronXgate, Janelle
Scheuer/ENRON@enronXgate

Subject: Re: NRG bullet points << OLE Object: StdOleLink <<

I've made some revisions the Bill's document to make sure we are on the same
page before I prepare the LOI.

<< File: NRG Term Sheet.doc <<

Do we want to give any sort of description of how the benchmark will be set?
Do we want to mention the cancellation provisions?

Thanks,

Kay