Q: Dear Mr. Lay, Greetings from Canada. I had forwarded a letter yesterday to enquire your interest in obtaining the services of Mr. Jack Welch (GE) to head up an independant committee to review the limited partnership liabilities for Enron. Please indicate if you are interested in this proposal. If not, what is your plan to address the confidence crisis in disclosure at this time? Sincerely,
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A: Proposal for disclosure Committee

Q: Mark, Attached is the letter agreement we discussed. Please review. It is rough. Some issues to note: 1. The Kern PA cannot be assigned without their consent, which shall not be unreasonably withheld. If Kern didn't like the fact that we are receiving assignment from 3 or 4 other shippers, they might withhold consent if they thought we were superceding their bid procedures. Not sure if they would, but it is a risk. 2. If the assignment is done after the producer executes the firm transport agreement, Kern could require to capacity to be released via capacity release at max rate. 3. I took a stab at the mark-to-market calculation. Probably needs more substance though. Lets discuss.
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A: Kern River Bid Letter

Q: I think all of us who deal with assets are running across confidentiality hurdles in all kinds of agreements, including confidentiality agreements. In short, our business people need the ability to disclose agreements to potential purchasers of projects, contracts and assets, and not all of our forms allow this. I'm trying to include an exception for "potential lenders and investors" whenever I can (instead of just lenders). Does someone have a more artful or effective solution? Just wanted to share the thought so that more eyes could be watching for the issue. Kay
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A: Confidentiality provisions in various forms

Q: I spoke to Mary Solmonson about the chain of command in IT. Obviously, everyone reports to Phillipe Bibi in the end. She looked up Gary Bode, who Michael Neves, our Lotus Notes contact, reports to, and Gary is a Manager, but she didn't see his direct boss on the chart. She suggested for the Fishkin Project that we try and use Inja Chun, a woman she says is very good, or Chris Behney. (She said we could have her, but she would be very expensive!...just kidding!) I'm going to give Danny Clark a call to see who at EES is using Documentum to manage their documents. Perhaps we should set up a meeting to talk to Phillipe Bibi about the Fishkin project, so we make sure we get a good person assigned to us. What do you think?
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A:
IT Systems People