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Enron Mail |
Here's the revised draft. I think it includes everything we discussed
today. (For the next revision, perhaps we can get all of Select's info inserted on the first page, but I've run out of steam just now). The open items are as follows: (1) Select to send Ed Sacks an org chart so Ed can verify that the new 5.6 language about Affiliates is satisfactory. (2) Select will discuss with its billing department the possibility of using the 5-day payment provision in Enron's amendment to section 6.2 and advise Carol St Clair. (3) Select and Bob Bruce (along w/ Carol St Clair) to coordinate the EEI language in sections 5.2 and 5.4 with the Select/ENA ISDA agreement language regarding termination payments. (4) When we get very close to execution, Select and Enron will reconcile an Attachment A, to include all outstanding transactions between the parties other than those that the parties agree should not be covered by the Master Agreement (no one could think of any today, but....). Thanks so much, Phyllis and John and Valerie, for your help in keeping this moving (even tho we didn't get to home plate this week, we made lots of progress with your help), and I hope our paths will cross again. Regards, Janice EB3811 Assistant General Counsel, Enron North America Corp. 713-853-1794 (Fax: 713-646-3490) lemelpe@NU.COM 05/02/2001 02:03 PM To: janice.r.moore@enron.com cc: morisjr@selectenergy.com Subject: Enron - Select MPPSA Janice - To follow up on this morning's phone call, I propose the following language: In the Cover Sheet, Article Five, 5.6 Closeout Setoff, we would check off Option B, and specify that, for purposes of this section only, Affiliates of Party B shall only include subsidiaries of Northeast Utilities Enterprises, Inc. In the Other Changes section dealing with Confidentiality, I suggest adding a sentence before the last one in the paragraph, that states: "For purposes of this section only, Affiliates of Party B shall not include The Connecticut Light and Power Company, Western Massachusetts Electric Company, and Public Service Company of New Hampshire." I look forward to reviewing the re-draft of the MPPSA. Phyllis Lemell
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