Q: Attached is a redlined version of the agreement with the revisions. Some revisions beyond those we discussed with BR were made strictly to clear up inconsistencies in the original document. Please review and let me know if you have any questions. I plan on being at the Member Meeting in Denver next week, but please call any time prior if you wish to discuss. (713) 853-3512. I will be forwarding the LLC and Administrative Agreement with revisions tomorrow. The revisions to these docs are slight and only made to reflect the be consistent with the substantive changes in the Capacity Allocation and Expansion Determination Agreement.
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A: Capacity Allocation Revisions
IN: John, I am performing code updates to the stand-alone EOL workstation WNAEOL-48101 this evening and wanted to check with you to see at which point it would be convenient for you. I assume after the business day would be acceptable and my intent is to start near 6:00 p.m. or, at any time you decide is convenient for you. I called a short while ago and will do so again before proceeding, but if you receive this email and need to contact me, you may reach me at extension 5-7004. Thanks. Chris Jeska Terminal Server Operations.

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OUT: EOL Code Update
IN: This is an email
Mr. Bonnell: At Tanya's request I am sending you a draft of the amendment agreement which would include cash as eligible collateral. I look forward to hearing from you and your attorney. The reason why a cash margin payment is not a preference under the Bankruptcy Code is because Section 546 (g) specifically excludes payments made under swap agreements from the preference provisions. I would be happy to speak with your attorney about this.

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OUT: Amendment
QUESTION: Revised spreadsheet due to number of days being used in the time frame. It should be for 13 months instead of 12 months for all calculations. See footnote at the bottom of Summary Page of the revised Spreadsheet. Thank you Glen for catching this. Terry Kowalke
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ANS: Revised: TW OBA Filing Info.
All, Jim requested I get everyone a copy of the bankruptcy document he referred to in Tuesday's meeting. Can you please confirm your current location so that I can send you a copy or if you prefer to have a copy picked up, my location is EB4522. Many thanks, Lucy
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answer: Bankruptcy Document
Mark, The word on the street is that the NewPower folks are getting further in trouble (ie) strange trading activity, etc. Looks and smells a little like the old EES. Couple of opps: - get another shareholder on-side and demand an Enron led audit to confirm financial and operating health; - followed up by hostile exit of mgt team if significant issues arise. Issues: - obviously pushes us into another level of complicity/fiduciary in a blow up or bankruptcy not unlike the issues we faced with Kafus et al; however, given our continued interest a significant control issue could result in a significant acceleration of a write-off of our existing position plus any outstanding credit. I would recommend we force the management team to submit to a detailed audit as a part of a united shareholder iniative - Lets discuss. Rick Buy, what is our current credit position? Greg/John, do you have a view on this one? Rick Causey, we probably need a more "permanent solution" ot the NewPower issue. Regards
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answer:
NewPower