Enron Mail

From: carol.clair@enron.com To: russell.diamond@enron.com Subject: Global Companies LLC Cc: susan.bailey@enron.com Bcc: susan.bailey@enron.com Date: Thu, 25 May 2000 11:48:00 -0700 (PDT) Russell: We have received excerpts from Global's LLC Agreement. Its members are Global Petroleum Corp., YPF Distribution Company and Montello Oil Corporation. It is managed by a Board of 3 reps selected by each member and for this purpose, Global and Montello are treated as 1 member and YPF is treated as 1 member. I still need to talk to you about why we want an ownership change trigger in the ISDA and if we do, at what level. carol