Carol: Laurel Adams was wondering whether any of the paralegal candidates who we interviewed might have a good background for "back office" duties. I have no idea whether salaries are comparable but she needs someone who can spot issues and learn the confirm process at the same time (if no experience in the confirmation area). What do you think? Sara
Answer: ECT Investments confirm specialist (debt trading)
Here is an email: 1. Be sure to verify that the underlying contracts do not allow cherry picking under any default scenario. If it does, amend the express language. 2. We have made 2 changes to the netting agreement forms on the basis of further review by Leslie Hansen of some provisions in our trading forms. The first change is in paragraph 2(a) to clarify the definition of Default. The second change is in paragraph 14(b) to delete the day limitation on claims of Force Majeure. We feel this should not be included in any physical contract that will be included in a master netting agreement, especially because of the current international situation and security concerns. See attached reline version to read the changes. 3. No changes have been made to the Collateral Annex. 4. Attached below are the new forms. Rather than continue with forms with and without the user notes, I put the user notes in a separate document. They are not at the back of the forms. Simpler. The attached forms are Master Netting & Security Agmnt 10 h a v1 (to use without collateral annex) and Master Netting & Security Agmnt 10 h v1 (to use with collateral annex).
What is a potential subject line for this email?
A: FORM CHANGES: READ
Q: This deal was EOL ID 520766 on the 25th. Neither the Sitara or EOL number is in Tagg. Please update the deal with the EOL and Sitara number. It is very important that you always put this information in Tagg. In addition, make sure you are updating Sitara with the Tagg numbers as well. Thanks. DG
Propose a subject line
A: Q59761
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OUT: Body Fat Loss-No hunger pains!
Please review this final draft at your earliest convenience and get back to Britt or me with your comments. Thanks. Martha, please print it out for me. Thanks. DF
Answer:
Revised responses to Interrogs. & Req. for Production for your re view.