Enron Mail

From:eric.gillaspie@enron.com
To:tomcones@gulfcoastpipeline.com
Subject:RE: HPL-Gulf Coast IT Agreement
Cc:jrbonica@bonica.com, gerald.nemec@enron.com, michael.morris@enron.com
Bcc:jrbonica@bonica.com, gerald.nemec@enron.com, michael.morris@enron.com
Date:Wed, 4 Apr 2001 07:22:00 -0700 (PDT)

Tom,

As discussed, please find the updated language for the second paragraph of
Exhibit "C" as highlighted below:

TRANSPORTATION FEES:

If less than 1 MMBtu is delivered during the Month to Gulf Coast at any
Receipt Point, then no monthly fee shall be assessed against Shipper for such
Receipt Point during such Month.

For quantities averaging between 1 MMBtu and 500 MMBtu per Day during each
delivery Month at each Receipt Point, the fee at such Receipt Point shall be
the greater of the dollar amount equal to the actual MMBtus delivered during
such Month times $0.60 per MMBTU or $3,000.00. Notwithstanding the
foregoing, Shipper shall not be obligated to pay such $3,000.00 fee if the
fee results from Gulf Coast's interruption of transportation service
hereunder and Shipper is unable to deliver quantities of Gas in excess of 500
MMBtu a Day during such Month. If such an interruption in service occurs
during a Month, the Shipper shall pay $0.60 per MMBTU for such interrupted
service if the average quantity falls below 500 MMBtu a Day for such delivery
Month.

For quantities averaging between 501 MMBtu and 1000 MMBtu per Day during each
delivery Month at each Receipt Point, the fee at such Receipt Point shall be
equal to the actual MMBtus delivered during such Month times $0.35 per
MMBTU.

For quantities averaging 1,001 MMBtu per Day and greater during each delivery
Month at each Receipt Point, the fee at such Receipt Point shall be equal to
the actual MMBtus delivered during such Month times $0.25 per MMBTU.


Eric Gillaspie
713-345-7667
Enron Building 3886



John Bonica <JRBonica@Bonica.com<
04/03/2001 06:14 PM

To: "'Eric.Gillaspie@enron.com'" <Eric.Gillaspie@enron.com<
cc: Michael.W.Morris@enron.com, Gerald.Nemec@enron.com,
tomcones@gulfcoastpipeline.com
Subject: RE: HPL-Gulf Coast IT Agreement




Looks good to me.? I'm going to be out of the office tomorrow but Tom Cones
asked me to have you send him an execution draft of the agreement for his
signature.

--
John R. Bonica
John R. Bonica, P.C.
3403 Marquart, Suite 203
Houston, Texas 77027-6509

Telephone: (713) 659-6500

jrbonica@bonica.com


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