Enron Mail

From:sara.shackleton@enron.com
To:sshackl@swbell.net
Subject:MEGA Assignment
Cc:
Bcc:
Date:Thu, 7 Jun 2001 11:11:00 -0700 (PDT)

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
----- Forwarded by Sara Shackleton/HOU/ECT on 06/07/2001 06:11 PM -----

Susan Bailey
06/06/2001 01:26 PM

To: Sara Shackleton/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT
cc:
Subject: MEGA Assignment

Ladies,

I do not which of you will be handling the Merchant Energy Group of the
Americas ("MEGA") consents for financial trading.

So I am forwarding Carol's message to each of you. As mentioned in my email
of 6/5, Carol is handling the EPMI consents with MEGA.

Thanks.

Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail: Susan.Bailey@enron.com
----- Forwarded by Susan Bailey/HOU/ECT on 06/06/2001 01:23 PM -----

Carol St Clair
06/06/2001 11:40 AM

To: Rhonda L Denton/HOU/ECT@ECT
cc: Christian Yoder/Enron@EnronXGate, Susan Bailey/HOU/ECT@ECT, Tracy
Ngo/Enron@EnronXGate, Wendy Conwell/Enron@EnronXGate
Subject: MEGA Assignment

Rhonda:
Enclosed is a new revised draft of the MEGA Consent marked against the draft
that they sent to us. Here is what we have decided to do:

1. As a condition to our execution of this Consent, we will execute an
amendment to the existing Master with Morgan to (a) insert collateral
provisions and (b) clean up some of the defined terms in the MEGA confirms.
I will draft the amendment and Christian will help you and Melissa develop
the language for the amendment that deals with the confirm clean-up.

2. We need to know from MEGA and Morgan what the transfer effective date is
that establishes the cutoff date for these trades as between ourselves and
each of Morgan and MEGA. My revised draft of the Consent makes it clearer
how this cutoff date works.

3. We need a contact from Morgan that we can send the form of amendment to.

Call me if you have any questions.



Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com