IN: Dear HBS Club Members: My term as President of the HBS Club of Houston is rapidly nearing its completion. Thank you for helping make it a wonderful year and a great experience for me. The Directors and Officers have worked hard instituting new programs in an effort to make membership in the club a valuable experience. We began the year with several goals: ? Increase membership by offering a more varied program of interest to a broader cross-section of alumni ? To increase average event attendance by having renowned speakers talk on provocative topics ? To increase participation from a number of segments within our club ? Young Alumni (less than 10 years since graduation) ? Non-MBA alumni ? To change the experience to allow more relationship building among alumni Our hard work has paid off and we owe our members many thanks for their

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OUT: HBS Ballot Letter

IN: Mark, Attached are the confirms for both the ECS purchase and the ECT purchase. Please take one last look. If OK I will forward the ECS purchase to Porter and Hedges. The ECT confirms still have the TW West Texas Pool as being the point at which ECT takes title.

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OUT: Confirms

IN: Harry: FYI. First meeting to discuss how to dole out the $50 MM created by AB 970 is 10.7. Someone I've worked with on DG-type deals in the past from EES is going to attend the meeting (Brian Smith from the Costa Mesa office). Bob Frank and I had a conference call with him this morning. URL for the event is included below. Best,

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OUT: Energy Efficiency, etc. Incentives

IN: Joe: A few questions: 1. Who trades this? 2. What book does it sit in? 3. What legal entity is that book? Please let me know as we are comparing this to another product. Thanks.

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OUT:
WTI-Brent trades