IN: Guys, there is quite a number of us dealing with this problem - what are our solutions? Could we have a corporate jet available for folks stuck in the A&A PRC? Other? Regards

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OUT: Flight time on December 13 to Las Vegas

IN: Dee: We are working on the blackline. Since the "deal" that you mentioned yesterday has no bearing on the master between ENA and FUNB, there is no emergency at hand. A few things to note: (1) regarding "Procedures for entering into Transactions," my suggestion is that you consider a reasonable time period in which to respond upon receipt of a confirmation. It is in both parties best interest to have an executed (and therefore enforceable) writing This can be accomplished by under the NY General Obligations law by our agreement as to a "deemed response" if a party will not sign a trade confirmation. (2) regarding the concept of "Specified Transaction", ENA has reconsidered the earlier concession to exclude most Termination Events as Specified Conditions. It is not ENA's position to unwind Transactions upon the occurrence of these events, and, therefore, each party ought to be able to rely upon the protections afforded it under the related provisions. Regarding the Credit Event Upon Merger, FUNB is protected with the amendment which we make to Section 5(b)(iv). I hope that the blackline will resolve our outstanding issues.

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OUT: blackline of master

IN: John, Would you have 45 minutes later this week for Eric and myself? We'd like to give you a quick update on whats happening in the Atlantic basin in LNG, and also get an update from you on where the US Natgas market is heading. Thanks,

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OUT: LNG Update

IN: Attached is an Excel spreadsheet of contract details of the TW deals we will be evaluating. There are 430 deals we will evaluate. The next step is to add price data with these details. Please let me know if you have any questions. Richard Riehm

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OUT:
TW Contract Data