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Enron Mail |
Jeff, thanks for your work on Bob's draft, however, for form management
purposes we are going to continue with our previous style which is to include the crossborder annexes. 1. Attached below is the ENA/US Annex A, which is the base GTC type of document that we utilize with our confirmations when we do not have an ISDA in place (definitions of parties are in the Confirmation). If ENA contracts with a Canadian party we use the Canadian Annex attachment (also attached below) to the Confirmation and Annex A. Where ENA contracts with a foreign counterparty other than Canada, the Canadian Annex may be utilized with additional legal scrubbing concerning the particular jurisdiction. It is for this reason that I think we should continue the more amplified approach rather than targeting it toward just Canada/US. 2. Attached below is the ECC/Canadian Annex A, which is the base GTC type of document that we utilize with our confirmations when we do not have an ISDA in place (definitions of parties are in the Confirmation). If ECC contracts with a US party we use the United States Annex attachment (also attached below) to the Confirmation and Annex A. Where ECC contracts with a foreign counterparty other than US, the United States Annex may be utilized with additional legal scrubbing concerning the particular jurisdiction. It is for this reason that I think we should continue the more amplified approach rather than targeting it toward just Canada/US. At your convenience, please review the Canadian and United States annexes and advise of any comments. Thanks again. Note to Paralegals: Please note that the annexes are now under current forms. If you have any questions about how they are to be utilized, please stop by to discuss. Cordially, Mary Cook Enron North America Corp. 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com
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