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Carol St. Clair
EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax) ----- Forwarded by Carol St Clair/HOU/ECT on 06/14/2000 08:46 AM ----- "Eldredge, Jeff" <jeldredge@velaw.com< 06/14/2000 04:20 AM To: "St. Clair, Carol (Enron)" <carol.st.clair@enron.com< cc: Subject: RE: Calculation Agency Agreement An Enron entity will be Calculation Agent. Do you have concerns about Sections 2© and 7? The latest draft is the June 9 draft, but we are still commenting on it. Jeffrey E. Eldredge Vinson & Elkins L.L.P. Regis House 45 King William Street London EC4R 9AN Office Tel: (44-171) 618-6013 Fax: (44-171) 618-6001 Mobile Tel: (44) 0411 435 486 -----Original Message----- From: Carol St Clair [mailto:Carol.St.Clair@enron.com] Sent: 14 June 2000 00:06 To: jeldredge@velaw.com Cc: Mark Evans; Michael R Brown; Nora Dobin Subject: Calculation Agency Agreement Jeff: Has there been any discussion on our side with who the Calculation Agent would be? Normally, it is one of the swap counterparties. Is this a role that Enron Corp. can and should perform? With respect to the Agreement, I am looking at a June 2nd draft and was wondering if anyone has focused on the language in Section 2, and in particular, Section 2© and Section 7. Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax)
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