Enron Mail

From:carol.clair@enron.com
To:mark.evans@enron.com, jeldredge@velaw.com
Subject:Enron Merger Trigger
Cc:tchandler@velaw.com
Bcc:tchandler@velaw.com
Date:Thu, 25 May 2000 10:39:00 -0700 (PDT)

Mark and Jeff:
Trina and i talked about the issue that you raised with me today. Our
preference is to structure the language so that it would only trigger an
Event of Default under the Swap if the Enron merger caused an Event of
Default under the Revolver. At the end of the day, we both felt that this is
a call that someone on the commercial side should make, such as either Ben
Glisan or Mike Jakubik.
Carol