Re: Restricted Master Agreements

---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
08/10/99 05:25 AM ---------------------------

Yao Apasu@ENRON_DEVELOPMENT
08/06/99 03:22 AM
To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Re: Restricted Master Agreements

Hey Mark,
Nice to hear from you. Sorry we missed all those appointments. I even missed
the happy hour with Tana and Marie. How long are you going to be in London.
There is no chance I'll be there before the 15th. I was scheduled to be back
in Houston next Monday but it looks like I am spending the next week in
Abuja, Nigeria. Let me know what your plans are for the following week.

I don't recall any such deviations from the norm, on the business note , that
is. The agreements were pretty much standard. You did such a great job, I
wouldn't want to temper with perfection, would I? Miss you all. Say hi to the
rest of the gang for me.

yao

To: Yao Apasu/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Restricted Master Agreements

Hey Yao! How are you doing these days? We never see you anymore. I'm going
over to London on Saturday - any chance you'll be in that part of the world?

On a business note, we are getting set up to trade energy commodities and
derivatives online and one of the things we have to do is figure out what we
can trade with each potential counterparty. Do you remember negotiating any
master agreements for ECT that did not contain the necessary elements for
trading energy commodity derivatives? In particular I'm thinking about
things like the trade option exemption representations and the commodity
derivatives definitions provisions.

Thanks!

Mark