Enron Mail

From:mitchell.taylor@enron.com
To:joseph.sutton@enron.com, mmetts@enron.com, rodney.faldyn@enron.com,awalia@enron.com, tod.communications@enron.com, kent.castleman@enron.com, jeffrey.sommers@enron.com, ashouse@velaw.com, bill.gathmann@enron.com, fred.kelly@enron.com, mdeville@enron.
Subject:Project Summer Task Force(s)
Cc:
Bcc:
Date:Fri, 30 Jun 2000 08:35:00 -0700 (PDT)

There are a number of issues surrounding Project Summer that need to be
addressed by a series of swat teams. Outlined in the attached table is a
listing of these swat teams, each task force's objectives, participants
including the person responsible for organizing the meetings (the underlined
names), and targeted completion date. In addition to the participants listed
and dependent on the team and objectives, representatives from internal
legal, VE and CSFB may be added to the Corp side and representatives from
Skadden and UBS may be added to the Buyer's side.

Unless otherwise noted in the attached sheet, the purpose of these committees
is NOT to negotiate the transaction, but instead to provide information and
feedback to the deal team on a cooperative basis. Also attached is a
description of the current status of the negotiations which highlights the
key structural and risk sharing aspects of the transaction and provides the
proper background for performing your group's tasks. Of course, this
information is highly confidential and should be used only for the purpose of
completing your tasks.

Any questions on the Corp participants can be directed to me. Frank Stabler
will coordinate the participation of the Buyers team.

Given the accelerated timetable in which we are trying to execute this
transaction, it is imperative that we tackle these issues as soon as
possible. Please keep myself and/or Frank Stabler informed as to your
progress and any difficulties in meeting the time schedule.