ENA Legal (TBD) 1. ENA Legal is responsible for deal documentation and legal sign off for the transaction, and is typically responsible for all transaction-related agreements documents such as MOUs/MOIs, Participation or Development Agreements, and any Agreement, which directs the operation of the project (O&M Agreement, Steam Agreement, Gas Agreement, Power Purchase Agreement, etc.). 2. ENA Legal represents the interests of advises the origination and development team (and other members of ENA management as appropriate) on all legal aspects of a transaction, accessing internal and external resources as required. and reviews/synthesizes comments from the all the groups. 3. ENA Legal works with origination team, Accounting, Global Finance and Tax in structuring the transaction, and communicates with EECC (and others) as required during the execution of the project to faciliate compliance with the structure. Recommendations for improving the interaction between EE&CC and ENA: 1. EE&CC Legal should be involved in the beginning of the process of drafting documents by EE&CC Contract Administration, unless other procedures have been agreed. 2. Due to conflicts of interest, EE&CC Legal cannot represent NEPCO while at the same time working with the deal team. to procure equipment for the same project. ENA Legal and EECC Legal should be advised early in the process of any project-related agreements being generated by EECC, so that compliance with overall deal structure and risk profile can be ascertained. 3. Comments returned to EE&CC need to either be incorporated in the next draft, or if there are issues on the comments, they need to be discussed with the ENA Legal representative or Origination contact, prior to distribution to vendors. 4. EECC Legal and ENA Legal should communicate regarding issues common to both companies so that consistency in position can be achieved as much as possible. Forms of "standard" agreements should be discussed/agreed to enhance consistency. 5. Service and consulting agreements not specific to a particular transaction which can be untilized by multiple Enron companies via tasking letters should be prepared by EECC. EECC should provide information concerning the existence of such service agreements. 6. ENA Legal would should work closely with EE&CC contract administrators in drafting equipment in the preparation of contracts which the contracts personnel have been tasked to prepare. EECC Legal can assist by providing input, but is not required by ENA to sign off on such contracts.
Answer: My suggested changes to bullet points re: legal role
The Enron Oral History Project Continues... "Using History to Help Enron Become the World's Leading Company" How can an understanding of strategic choices, regulatory change and corporate culture help Enron achieve its vision? Speaker: Joseph Pratt, Cullen Professor of History and Business, University of Houston and Co-Director, Enron Oral History Project Thursday, June 7 11:30 a.m. to 12:30 p.m. EB 5C2 To Make a Reservation, Call 3-1941 and Select Option 1 Lunch will not be provided, but you are welcome to bring your own. Please inform us ahead of time if you need special accommodations to participate in this meeting. Call 3-9390.
Answer: The Enron Oral History Project Continues
My YTD nymx and your YTD nymx don't tie. Here is my worksheet. Would take a look at it and let me know which deals are wrong. You are a wonderful person by the way.
Answer: Hey
The staff meeting that is scheduled for tomorrow, May 11 has been rescheduled to next Friday, May 18th. The meeting is scheduled to start at 2:30 pm central time and will be in EB30C1. If you are not able to attend, please make sure that you send an email to Kim Hillis with an explanation. Currently, the meeting will have Portland, Calgary, Sao Paulo, San Fran and Monterrey video conferenced. Orlando, please call 713-646-3062 when you are not in the Sao Paulo office. If anyone else is required to call in, then a conference bridge line will need to be set up. Please let Kim know this information as well so that this can be done. The staff meeting is monthly and I will alert you when the June meeting will happen. Please make all efforts to be at the meetings. If you have a response to the previous email of where you would like for the management meeting to take place, please send them to myself or Kim. I have not received many responses! If you have any questions, please let me know.
Answer:
Enron America's Staff Meeting