Re: UtiliCorp

Susan:
FYI. I will send you the mark-up so that we can get this signed up this week.
Carol
---------------------- Forwarded by Carol St Clair/HOU/ECT on 05/02/2000
11:36 AM ---------------------------

From: Brant Reves
05/02/2000 10:43 AM

To: Carol St Clair/HOU/ECT@ECT
cc:
Subject: Re: UtiliCorp

Hello Carol,

I am ok with deleting this section entirely from the contract. We have
margin rights and the threshold is relatively low given the size and quality
of this credit.

Thanks
Brant

Carol St Clair
05/02/2000 10:37 AM
To: Brant Reves/HOU/ECT@ECT
cc:
Subject: UtiliCorp

Brant:
There is one issue that is left to resolve. In the CSA, we define
independent amount as any amount specified for a party in any Confirmation or
if no amount is specified, 0. They wnat to either delete this entirely or
add language requiring some type of notice to the credit dept. of the party
that has to put up the independent amount before it becomes effective. What
do you want to do?
Carol