Could you please go through the option agreement I have in my directory on O. It is under Option Agreements, and it is the only document there. It should be called Fehr land option, or something similiar. Please go search and make Optionor plural throughout, and make the grammar match. I started making the changes, but got distracted from the task. Thanks,
Q: What is a potential subject line for this email?
answer: A small task
ENA received a letter 10/30/01 stating that Man would begin margining on a risk-weighted basis rather than using the NYMEX SPAN calculation. This is prohibited under our futures agreement. Man has not formally called for additional margin (which they have the right to do) but rather is withholding about $25M based upon a misunderstanding between traders about moving option positions (I'm not entirely clear about the circumstances). Man has never claimed that the $25M was "additional margin". ENA faxed a letter this morning to Man demanding the return of margin in excess of the SPAN calculation, basically a response to the letter. ENA acounting does not have the software to execute SPAN calculations. A recommendation to purchase the software was made by Sarah Wesner (who then reported to Joe Deffner) to accounting last year. I understand that John Arnold intends to move most positions (including options) from Man to Paribas. However, this information changes frequently. Joe Deffner signed the letter and a copy was delivered to Louise Kitchen. Let me know if you need further information.
Q: What is a potential subject line for this email?
answer: Man Financial: margin calculation
To all Energy Operations employees: ENA has experienced extraordinary growth thus far in 2000. I am especially proud of the accomplishments of Energy Operations in supporting this growth. I wanted to express my appreciation for all the hard work and dedication that you have demonstrated. We have done great work and I want to recognize you for that. Although we have done much, we have additional goals to accomplish within ENA and Energy Operations this year. Therefore, as we go forward, I want to make sure that you have all the necessary tools to do the best possible job, and that any barriers that may impede your work are removed. To help in this effort, I have asked a consulting organization -- S.J. Bashen
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answer: Note from Sally
Tom - Please take a look at the attached. If it is acceptable, please let me know and I will forward to TFS. I have worked with both Mr. Kurzer as well as their counsel on the Broker Client EOL product and have a good relationship with them. Mark
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answer:
TFS Energy LLC