Enron Mail

From:larry.hunter@enron.com
To:sara.shackleton@enron.com
Subject:Re: "Financial Power Purchase Term Sheet" - 12/13/99
Cc:david.dupre@enron.com
Bcc:david.dupre@enron.com
Date:Thu, 16 Dec 1999 03:08:00 -0800 (PST)

Sara,

If it's a Cap, is the Fixed Price then the Strike Price? I think the format
looks good. I would prefer a "Notice of Exercise" provision, but it's not
necessary.

Thanks,
Joe





Sara Shackleton
12/16/99 09:35 AM
To: David P Dupre/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: "Financial Power Purchase Term Sheet" - 12/13/99

I think that this transaction is called "Project Moosehead". I have a
meeting on it this morning. Please comment to the draft I sent to you
yesterday. I don't know if the structure works. I couldn't decide upon the
format; it also looks like a cap. Thanks. SS