|
|
Enron Mail |
Corinne:
Thanks so much for the voice and emails. I'm reviewing your comments now and ask that you please forward your rate schedule and arbitration language/reg. Thansk. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com "Corinne A Samon" <samon_corinne@jpmorgan.com< 02/23/2001 11:24 AM To: sara.shackleton@enron.com cc: Subject: FW: Futures Agreement Sara, As per my voice mail the attached document contains JPM's comments. (See attached file: JPMorganFuturesEnronBlklned2232001.doc) With regard to Section 2, 6©, 14, 17 and 24: Section 2: Our debit rate benchmark for $ is the 30 day Libor rate with a spread. We typically do not reference the rate in the agreement to allow for changes. We do have an interest schedule that I can have e-mailed to you on Monday when the salesperson returns. Section 6 ©: Our credit rate benchmark for $ is the 13 wk T-bill with a spread. As above, we typically do not reference the rate in the agreement to allow for changes as agreed between JPMFI and Client. I will have our salesperson include this schedule in the e-mail. Section 14: If we are to include arbitration language, the CFTC mandates the exact form (180.3 of the CEA). I can fax you the language and the reg. Please send me an e-mail with your fax number. Section 17: Unfortunately we cannot accept the additional language. Clients are sent daily statements in which they are required to notify us any objections within 24 hours since the nature of the futures market is such that large market movements can occur over short periods of time. The monthly statement is a recap of the daily statements and the same reasoning applies. Section 24: We can accept the deletion of the witness line as long as Enron does not intend to trade SGXDT. Please feel free to call me at your earliest convenience (212) 648-4292. Thank you and Regards, Corinne Thomas P Alterson 02/22/2001 01:01 PM To: Corinne A Samon@JPMORGAN cc: Subject: FW: Futures Agreement (Document link not converted) Sara.Shackleton@enron.com on 02/22/2001 10:27:22 AM To: alterson_thomas@jpmorgan.com cc: Subject: Futures Agreement Thomas: Attached is a redline of the Client Agreement. I know that Gary Hickerson will be meeting with J P Morgan early next week and would like to have this agreed. Please advise as to what attorney will review my comments and put me in touch with that person today. Please let me know if you have any questions. Thanks. (See attached file: JPMorganFutures.R1doc.doc) Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com - JPMorganFutures.R1doc.doc - JPMorganFuturesEnronBlklned2232001.doc
|