Enron Mail

From:kay.mann@enron.com
To:mitch.robinson@enron.com
Subject:Re: FW: The proposed letter agreement between SWPC and Enron re
Cc:
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Date:Mon, 11 Dec 2000 01:04:00 -0800 (PST)

Cc: stuart.zisman@enron.com, ross.newlin@enron.com
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I know how to get LJM's signature.



Enron North America Corp.

From: Mitch Robinson 12/11/2000 08:58 AM


To: Kay Mann/Corp/Enron@Enron
cc: Stuart Zisman/HOU/ECT@ECT, Ross Newlin/HOU/EES@EES

Subject: Re: FW: The proposed letter agreement between SWPC and Enron re
Gleas on, et.al.

Thanks again Kay.

Now we need to wrap up the fun process of signatures. I hate to suggest
this, but perhaps John Normand is a good starting point for EE&CC/NEPCO sigs.

MItch



Kay Mann
12/11/2000 08:44 AM
To: Mitch Robinson/Corp/Enron@Enron
cc: Stuart Zisman/HOU/ECT@ECT, Ross Newlin/HOU/EES@EES

Subject: Re: FW: The proposed letter agreement between SWPC and Enron re
Gleas on, et.al.

Mitch,

The language in the draft I sent out yesterday reflects our agreement during
the conference call. They requested something along the lines of what is in
the email you forwarded, but I believe they accepted the following language:

SWPC agrees that the Gleason and Wheatland contracts and associated
warranties may be assigned to limited liability companies owned in whole or
in part by an Enron entity pursuant to the terms and conditions of the
Gleason and Wheatland contracts, and that Enron will not be required to
maintain an equity position in either of these companies. SWPC further
acknowledges that the assignment of the contracts and the transfer of equity
will not impact any warranties or other provisions of the assigned contracts.


How does this sound?

Kay



Enron North America Corp.

From: Mitch Robinson 12/11/2000 08:09 AM


To: Kay Mann/Corp/Enron@Enron
cc: Stuart Zisman/HOU/ECT@ECT, Ross Newlin/HOU/EES@EES

Subject: FW: The proposed letter agreement between SWPC and Enron re Gleas
on, et.al.

Kay -

No way. My reading of the contract indicates that they can't withhold
approval anyway. Did they bring this up in Friday's conference call?

Mitch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 12/11/2000
08:07 AM ---------------------------


DeKrey Lynn <Lynn.DeKrey@swpc.siemens.com< on 12/08/2000 12:07:47 PM
To: "Mitch Robinson (E-mail)" <Mitch.Robinson@enron.com<
cc: Monahan Bill <Bill.Monahan@swpc.siemens.com<, Saugstad Kathryn
<Kathryn.Saugstad@swpc.siemens.com<

Subject: FW: The proposed letter agreement between SWPC and Enron re Gleas
on, et.al.


Mitch
SWPC requests that revision below be incorporated

Lynn DeKrey

< -----Original Message-----
< From: Saugstad Kathryn
< Sent: Friday, December 08, 2000 11:47 AM
< To: DeKrey Lynn
< Cc: Monahan Bill
< Subject: The proposed letter agreement between SWPC and Enron re
< Gleason, et.al.
<
<
< Lynn:
<
< I have compared the latest version of the settlement agreement provided by
< Enron . . . . . . . . . We do want to have approval on the assignments.
< Granted, SWPC will not unreasonably withhold the approval but, we need to
< keep this ability.
<
< Thus, Paragraph 5 should read:
<
< SWPC agrees that the Gleason and Wheatland contracts and associated
< warranties may be assigned to limited liability companies owned in whole
< or in part by an Enron entity pursuant to the terms and conditions of the
< Gleason and Wheatland contracts, and that SWPC's consent to such
< assignments will not be unreasonably withheld. SWPC will honor warranty
< claims currently outstanding or asserted in the future by the contract
< assignee, assuming such assignment is in accordance with the terms and
< conditions of the Gleason and Wheatland contracts.
<
<
<