IN: This is an email
All: Following is a list of outsanding items: (1) ISDA Master Agreement (Schedule and Credit Support Annex) I need to better understand EWEB's proposed settlement language. ENA generally sends an invoice when the counterparty owes a payment (but not when ENA owes a payment). The invoice reflects the outstanding transactions for a given Calculation Period and the net amount owed. ENA can generate this invoice in all cases. Does EWEB intend that BOTH parties always send reciprocal invoices? Is is necessary that the Calc Agent ALSO make a phone call? What does EWEB's language "separate invoices and documentation covering each Transaction sufficient to permit the other party to comply with its interanl accounting and record keeping procedures concerning individual Transactions" mean? Please call me to resolve. When can we execute? (2) Cable Huston legal opinion: please add (1) opening paragraph: "(iii) the Confirmations for Transactions ENA Contracts Nos. 447459.02 and 447459.4 each dated October 30, 2000 ..." (2) Paragraph 12 prior to the period in the first sentence: "as those terms are defined in the Master Resolution adopted by the EWEB Board on June 16, 1986, as supplemented" (3) the two (2) confirmations These require execution by EWEB. When will this be done? (4) Bond Counsel opinion Dick, I sent you an email on Friday. ENA is pleased to discuss with your counsel. Please refer to Larry's legal opinion: the deleted Paragraph 10 of the December 21, 2000 draft and the Paragraph 12 of the December 30, 2000 draft for the type of information requested. Please let me know if I have left out any items. I would like to finalize documentation today. Regards. Sara

What is the subject?

OUT: Finalization and Execution of ENA/EWEB documentation

IN: This is an email
I am attaching several items that I hope you will find useful when you brief Chambers: A background document (which is a bit dated, but still useful). This is an internal document, so I would appreciate it if you would keep it confidential (though you are free to use the content in your own messages or documents). A basic outline of solutions. A summary of the Governor's recent executive orders. (It's another internal analysis.) I think these orders show a better understanding of the problems and solutions than we have seen before. As we discussed on the phone, our biggest problem is inertia ... we don't have much time, many solutions have long lead times, and the political wheels grind slowly. Jeff Dasovich: please forward any specifics on the demand buy down proposal and anything else that you think might be helpful background for Laura.

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OUT: California Power Crisis

IN: This is an email
We had a wonderful, quiet weekend. The wine was very good. I drank it without food, as it was nice and light, which is how I like my reds. It would have been good with a tomato based pasta, I think. How do I find out how much vacation I have? I know there's a system on the intranet. I want to plan some time off this year, if possible. I know how difficult it can get the longer I wait. Thursday I won't be in until around noon. More Michael stuff. Kay

What is the subject?

OUT:
Me again