Re: Delta Guarantee

Carlos and I are discussing options right now.

Stephen Thome@ECT
03/19/2001 03:54 PM
To: Kay Mann/Corp/Enron@Enron, Carlos Sole/NA/Enron@Enron
cc: Jake Thomas/HOU/ECT@ECT

Subject: Delta Guarantee

Jake received a call from Rick Vicens. Apparently, Delta has agreed to our
$68 mm in escrow at closing. However, they have not agreed to the corp
guarantee. Can we structure our LLC to free us from any liability instead of
having Delta's corp guarantee.

Steve