Q: See the attached. The parties need to identify all applicable guaranties. Note that the representations have been revised on the basis of the revised UCC 9. Please direct your comments to me.
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A: Master Netting Agreement Draft

Q: Dee: I am trying to hear from credit on about four issues, namely, the legal entity, need for First Union Corp. guaranty (due to the availability of financials), haircut on bonds and Specified Conditions. I would then propose preparation of a blackline to squeeze out the remaining issues. If I hear from credit tomorrow (and I'm pushing), I could have the blackline by Wednesday and we could talk. Hopefully, we'd be done by this week. Hope this works. Regards.
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A: ISDA Master Agreement with Enron North America Corp.

Q: Hi Katie, Yes I am back in town. Sorry I wasn't able to return your email yesterday. It has just been crazy around here and I am leaving for San Antonio tommorrow and will be out the rest of the week for the Enron Legal Conference. It is going to be at La Cantera on the northwest side of SA. The place sounds pretty relaxing, so it should be fun. Back in Houston Friday late. Yea Denver was nice. Slight delay in the flight, but not due to weather. Just the usual airline misadventures. It was snowing pretty hard when I arrived. Kinda nice to be around some actual cold weather for a change. Worked all day Friday and stayed with some friends Sat. night. Wish I had time to go up to the mountains for skiing. So your not big on skiing huh? The first time I went I hated it, but as you get better it really becomes a lot of fun. Last time I went (last March) I tried snowboarding. It was a lot of work to learn a new snow sport. It was cool after I got the hang of it, except for dislocating my shoulder. Ouch! Sounds like ya'll had a good time at Northgate. I hate it when friends take you out and get you drunk. That seems to happen to me occasionally. OK more than occasionally. This time change does make for a rough week. I didn't wake up until 8:00 am for work on Monday. Just a little later for work than usual. Coming into Houston anytime soon? If you get a chance, I'd really like to take you to dinner sometime. Take care. Bye! Gerald
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A: Hello!

Q: I am sending out a second confirmation due to the additional attendees. Dan Leff and Randy Maffett will be calling in. This is to confirm the monthly Industrials meeting for Thursday June 22, 2000 at 1:00 pm.
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A:
Industrials