This is the content of an email: John and Randy, I got a call from Bob Sevitz regarding a change I made to the EECC revisions to the Co Op City EPC contract. Specifically, I deleted language he had added to the waiver of consequential damages. Bob had added a provision that said that the waiver was "subject to" the indemnification section of the contract. I felt this was too broad of a carve out, especially from the contractor's point of view. Any tweaking of the indemnity language (to blatantly reconcile it with the waiver) can occur during the drafting process. Just wanted to pass this along. Kay

Subject: Co Op City EPC contract

This is the content of an email: Along with Mike McConnell, I am active in recruiting for Enron's Analyst Program at the University of Oklahoma. We became involved in recruiting there two years ago when I learned about a targeted undergraduate program that seemed like it could be a good fit for our program. OU transformed their old PLM (Petroleum Land Management) program into the Energy Management Program in the School of Business. This undergraduate degree retains the geology, business law and other specialized classes that were part of the PLM program, but adds additional finance hours with a focus on derivatives and a trading floor course. With the added plus of many of these students growing up in or around "energy" families in Oklahoma or Texas, I thought that recruiting top graduates from this program could be beneficial to Enron. Our recruiting efforts at OU continue to be successful and our OU Energy Management graduates have done well at Enron. Our first hire from OU (and the top Energy Management student) was Jody Crook. He joined the analyst program last February after a December 1999 graduation. His first rotation has been on my team, working as a risk book administrator in gas trading. He is in the process of looking for a second rotation at the end of February, and I think that he is someone that you should consider for a rotation on your team. In addition to this last year's risk experience at Enron, Jody worked as a landman for two summers for Burlington Resources. I was very involved in recruiting Jody to Enron. I think very highly of him, and want to be sure that he has good rotations while in the Analyst program. His background and your business seem to be a good fit. Please visit with Jody as he contacts your group about a rotation. It will be well worth your time. Thanks.

Subject: Recommendation for Analyst Rotation - Jody Crook

This is the content of an email: Contract 00121 was suspended at 11/30/2001 13:29:20 PG&E National Energy Group and any other company referenced herein that uses the PG&E name or logo are not the same company as Pacific Gas and Electric Company, the regulated California utility. Neither PG&E National Energy Group nor these other referenced companies are regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products from these companies in order to continue to receive quality regulated services from the utility.

Subject: e-Trans Contract Administration

This is the content of an email: Geoff- Do you still want to launch Secondary Firm Index products and Dawn vs. Niagara Phy Fwd Firm Spreads?? Let me know so our bridging team can continue working on them. Chris 3-7533
Subject: EOL products