Joshua Tree

by the way, THANKS. Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 11/13/2000 09:52 AM -----

Teresa G Bushman
11/10/2000 05:20 PM

To: Sara Shackleton/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Harry M
Collins/HOU/ECT@ECT
cc:
Subject: Joshua Tree

The term sheet is attached.

Thanks.

Teresa

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX 77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com

----- Forwarded by Teresa G Bushman/HOU/ECT on 11/10/2000 05:19 PM -----

Nora Dobin@ENRON
11/08/2000 04:38 PM

To: Teresa G Bushman/HOU/ECT@ECT
cc: Tim Proffitt/HOU/ECT@ECT, Brenda L Funk/HOU/ECT@ECT
Subject: Joshua Tree

Teresa, as I mentioned, attached is revised term sheet intended to reflect
latest commercial changes but subject to legal review. Please particularly
consider (with commercial and operational teams as appropriate) Engineering
(eligibility) Criteria applicable to proposed VPPs, and proposed terms of
Balancing Agreement, Master Natural Gas Purchase and Sale Agreement, and
Master Crude Oil Purchase and Sale Agreement. Of course, any other thoughts
you have are most welcome.

We are having an internal meeting (global finance, accounting and tax) to
discuss term sheet at 2:00 PM on Friday, 11/10/00 in EB 2868.

If you can meet with us on Friday or otherwise give us feedback by Friday
afternoon, it would help facilitate finalization of term sheet and movement
to drafting of definitive documents.

Thanks, NJD

Nora J. Dobin
Senior Counsel
Enron Global Finance
Enron Corp.
1400 Smith Street
Houston, Texas 77002

713/345-7723 (phone)
713/853-9252 (fax)
E-mail: nora.dobin@enron.com

----- Forwarded by Nora Dobin/Corp/Enron on 11/08/2000 04:18 PM -----

"Robin Miles" <rmiles@bracepatt.com<
11/08/2000 02:53 PM

To: <james.r.allred@bankofamerica.com<, <richard.stein@bankofamerica.com<,
<stephanie.pendleton@bankofamerica.com<, <nora.dobin@enron.com<,
<tim.proffitt@enron.com<
cc:
Subject: B of A/Phoenix Term Sheet

Attached is a redline and clean version of the term sheet. Please call me or
Jim Allred with any questions or comments.

Robin

Mr. Robin J. Miles
Bracewell & Patterson, L.L.P.
711 Louisiana St., Suite 2900
Houston, Texas 77002
Ph: 713-221-1319
Fax: 713-221-2120
E-mail: rmiles@bracepatt.com

- Phoenix Term Sheet Company Redline.pdf
- Phoenix Term Sheet.pdf