Enron Mail

From:sara.shackleton@enron.com
To:sshackl@swbell.net
Subject:Forms of Enron Raptor Swaps: Review/Comment
Cc:
Bcc:
Date:Fri, 22 Sep 2000 11:38:00 -0700 (PDT)

----- Forwarded by Sara Shackleton/HOU/ECT on 09/22/2000 06:38 PM -----

Mary Cook
09/22/2000 11:18 AM

To: jnaughto@cwt.com
cc: Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Travis
McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT
Subject: Forms of Enron Raptor Swaps: Review/Comment

Attached are the swap forms we have utilized in round one of the raptor off
balance sheet swap project. I have tried to clean them, and have also
incorporated comments received thus far from Kirkland & Ellis, firm for
Talon. Please review these forms and provide any further comments or
suggestions to them by Tuesday morning of next week. As I mentioned, we
plan to forward to you proposal sheets as and when received for all the
remaining swaps to be placed into the raptor vehicles for preparation of the
swaps by your firm. We should know more about the timing of the next round
of swaps next week. As other and varied investments may be placed in the
vehicles, we will ask that your firm develop the forms to be used on the
basis of the proposals and any documents applicable to the underlying
investment. Finally, please finalize the memorandum on termination and
forward to my attention next week, if possible.

Thank you for your continued assistance. Please confirm receipt and ability
to have comments to me by Tuesday.

Mary




Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com