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Enron Mail |
David:
Here is a draft of the ETA amendment letter that we have been discussing with Kennecott. It includes my proposed modifications to deal with giving them the termination right which I have highlighted. The current ETA states that all notices become effective immediately. I have inserted in my language a 3 day period after we receive a termination notice before it becomes effective. This creates a difference between Us and our Counterparty's since our termination notice would become effective immediately. What do you think? Do we need this 3 day period or are you okay with having their termination notice becoming effective on the date of our receipt? Carol
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