Enron Mail

From:legal <.schuler@enron.com<
To:john.ale@enron.com, charles.cheek@enron.com, james.derrick@enron.com,drew.fossum@enron.com, e..haedicke@enron.com, elizabeth.labanowski@enron.com, jordan.mintz@enron.com, eric.newell@enron.com, rex.rogers@enron.com, vicki.sharp@enron.com, stephen.wa
Subject:Merger Agreement
Cc:peter.del@enron.com, joseph.henry@enron.com
Bcc:peter.del@enron.com, joseph.henry@enron.com
Date:Tue, 13 Nov 2001 18:50:49 -0800 (PST)

Attached is an electronic version of the Merger Agreement that we executed =
with Dynegy. As is typical with these types of transactions, there are lim=
itations imposed on Enron's operations between signing and closing of the M=
erger Agreement. Please help ensure that each transaction entered into by =
Enron and its subsidiaries complies with the agreement, and particularly Se=
ction 7.1 of the agreement relating to conduct of business. Peter del Vecc=
hio (at ext. 39875) and Joe Henry (at ext. 51549) are available to help add=
ress specific questions regarding our interim operations. Rob Walls, John =
Ale, Mark Haedicke and myself are also available, and we will help determin=
e if we need Dynegy's consent for any particular proposed transaction. We =
are in the process of summarizing the interim covenants, as well as establi=
shing certain procedures to ensure our compliance. I anticipate distributi=
ng these items on Thursday. We are also having prepared a memorandum regar=
ding certain anti-trust and other issues that we need to consider in any in=
volvement we have with Dynegy regarding our respective operations. We curr=
ently plan on having various presentations regarding the anti-trust matters=
. Please pass the merger agreement and the subsequent materials on to othe=
rs in your group as you think appropriate. Thank you for your help and und=
erstanding in this matter. Lance.
=20
Merger Agreement for Project Gipper.DOC=20


W. Lance Schuler
Enron North America Corp.
1400 Smith Street
Houston, Texas 77002
Phone: 713/853-5419
Fax: 281/664-4890
Email: lance.schuler-legal@enron.com