Enron Mail

From:elizabeth.sager@enron.com
To:lisa.mellencamp@enron.com, jklauber@llgm.com
Subject:RE: PG&E and Enron Standstill Agreement
Cc:
Bcc:
Date:Wed, 9 May 2001 02:26:00 -0700 (PDT)

please let me know if you have any comments asap. thanks
----- Forwarded by Elizabeth Sager/HOU/ECT on 05/09/2001 09:25 AM -----

"Witalis, Lawrence (Law)" <LCW4@pge.com<
05/08/2001 07:56 PM

To: "'Elizabeth.Sager@enron.com'" <Elizabeth.Sager@enron.com<
cc: "Pearce, Karola (Law)" <KKP2@pge.com<, "Wan, Fong (Corp)"
<Fong.Wan@pge-corp.com<, "Kuga, Roy" <RMK4@pge.com<, "Bar-Lev, Joshua (Law)"
<JXB7@pge.com<, "Sena, David" <DJSt@pge.com<, "Foley, Jack" <JRFc@pge.com<,
"Witalis, Lawrence (Law)" <LCW4@pge.com<, "'lisa.mellencamp@enron.com'"
<lisa.mellencamp@enron.com<
Subject: RE: PG&E and Enron Standstill Agreement


Elizabeth: PG&E cannot accept the added language as you have presented it;
as you well appreciate, it arguably would have the effect of diminishing
PG&E's current rights. I have accepted your changes and provided a revision
that I think more fairly preserves each party's status quo rights. Please
keep in mind that PG&E already is agreeing to a modification of the LC
drawing events as an accommodation to Enron. In light of that and of our
need to cooperate and move forward, I hope you can leave things as they
appear in this revision. I'll try to call you tomorrow to confirm. And,
thanks for attending to this. Larry



-----Original Message-----
From: Elizabeth.Sager@enron.com [mailto:Elizabeth.Sager@enron.com]
Sent: Tuesday, May 08, 2001 1:41 PM
To: Witalis, Lawrence (Law)
Subject: RE: PG&E and Enron Standstill Agreement



In accordance with my voice mail, here is a revised standstill that
incorporates the concept I referred to in my voice mail. Please give me a
call after you've had a chance to review.

Thanks
Elizabeth Sager
713 853 6349

(See attached file: standstill2.doc)




"Witalis,

Lawrence To:
"'Elizabeth.Sager@enron.com'" <Elizabeth.Sager@enron.com<
(Law)" cc: "Anderson, David W (Law)"
<DWA3@pge.com<, "Pearce, Karola (Law)"
<LCW4@pge.com <KKP2@pge.com<

< Subject: RE: PG&E and Enron
Canadian Gas Master


05/08/2001

02:38 PM









Elizabeth: Good to hear from you. David Anderson is immersed in the
agreement, and he should be the one youwork with on it (415-973-6659;
dwa@pge.com). By the way, we seem to have stalled a bit on finalizing the
stand-still agreement, which, as I last understood it, had only one
remaining issue, namely, the wording of the drawing provision for the LCs.
Can we get that one behind us, also? Thanks. Larry

-----Original Message-----
From: Elizabeth.Sager@enron.com [mailto:Elizabeth.Sager@enron.com]
Sent: Tuesday, May 08, 2001 6:24 AM
To: LCW4@pge.com
Subject: RE: PG&E and Enron Canadian Gas Master



Hi Larry


I spoke with Peter Keohane and Mark Powell from our Canadian office and
they would be available at any time today, Tues the 8th , to go over the
Canadian Gas Master between ECC and PG&E. Let me know what time works for
you.

Thanks
Elizabeth
713 853 6349



- enronstandstill3.doc