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Enron Mail |
Attached is a revised version of the Posting Agreement that S&C provided to
us. I have tried to incorporate some additional provisions and inserted a few "place-savers" to mark some areas where we need to discuss the agreement further; for instance, under what circumstances has a party "defaulted" -- and should at least be liable for the other party's out-of-pocket expenses incurred in establishing the interfaces as well as give the other party the right to terminate the agreement -- and under what circumstances should either party be able to walk away (such as, it just doesn't work)? Many of these provisions will be "fleshed out" more when the technical considerations are added, and when we sit down with the counterparty to negotiate this Agreement. Hopefully the attached gives you something to meet with S&C on Wednesday. Again, I can participate by phone if any of you think it would be helpful. The best way to reach me is to leave me a voicemail. Travis McCullough Enron North America Corp. 1400 Smith Street EB 3817 Houston Texas 77002 Phone: (713) 853-1575 Fax: (713) 646-3490
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