Re: OOPS No Arbitration Clause

Well, there's an argument to be made that the remedy for breach of an option
agreement is us suing them for specific performance, ie, making them sell us
the land. Since we shouldn't have any obligations under an option agreement,
I don't worry about arbitration. Let me think about it, though.

From: Kathleen Carnahan 01/25/2001 12:36 PM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: OOPS No Arbitration Clause

For some reason we did deleted the Arbritration Paragraph in the
Electrocities Option Agreement. Shouldn't I add it to this new Option (seems
kind of important).

Kathleen