Enron Mail

From:bill.williams@enron.com
To:shift.dl-portland@enron.com
Subject:IMPORTANT!!--FW: Contract Termination . . . .
Cc:
Bcc:
Date:Fri, 30 Nov 2001 15:30:12 -0800 (PST)

This is important---

-----Original Message-----
From: Rance, Susan
Sent: Friday, November 30, 2001 11:15 AM
To: Badeer, Robert; Driscoll, Michael M.; Motley, Matt; Fischer, Mark; Swerzbin, Mike; Belden, Tim; Calger, Christopher F.; Foster, Chris H.; Rosman, Stewart; Buerkle, Jim; Hall, Steve C. (Legal); Yoder, Christian; Postlethwaite, John; Malowney, John; Van Gelder, John; Lackey, Chris; Williams III, Bill; Alonso, Tom; Choi, Paul; Scholtes, Diana; Crandall, Sean; Mallory, Chris; Semperger, Cara; Platter, Phillip
Cc: Brackett, Debbie R.; Bradford, William S.; Mcginnis, Stephanie; Radous, Paul; Sacks, Edward; Reasoner, Monica
Subject: Contract Termination . . . .
Importance: High

Please be advised that:

A counterparty that wants to terminate a contract needs to send a letter of termination via fax to (713) 646-3227
The termination letter needs to include:
1.) List of contracts being terminated
2.) Calculation of termination payment
3.) Expectation of payments if applicable

A counterparty that unwinds deals does not mean a contract its null and void; the counterparty is still liable for the existing deals governed by the contract

Please forward this on to anyone who needs this information.

Thanks,

Susan
*7086