FW: Cal'02 - '03 RTC CALL OPTION -- NYISO Z-G

Elizabeth,

My understanding is that all inter-company transactions were terminated upon bankruptcy. Is this correct?

-----Original Message-----
From: Padron, Juan
Sent: Fri 12/14/2001 2:58 PM
To: Presto, Kevin M.
Cc: Herndon, Rogers; Misra, Narsimha
Subject: Cal'02 - '03 RTC CALL OPTION -- NYISO Z-G

Kevin -

In the event that the agreement reached on February 09, 2000 between EESI and EPMI (regarding EESI's purchase of a Call Option under the terms stated below) still good, EESI shall exercise that Call Option.

Term: 1/1/02 to 12/31/03; HE 0100 to HE 2400
Strike: $32.50 / MWh
Premium: $1.90 / MWh
Quantity: 50 MW Firm
Del Point: NYPP Z-G

- Juan