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I'm OK with the language, but I want to make sure everyone is OK on the concept. When we left this (unless there have been subsequent conversations with ECS that I wasn't a part of) we rejected Courtney's proposal to reduce our up front payment by $500,000. He was to come back and propose a monthly quantity of gas to be paid over the term of the contract that would equate to the $500,000, but I don't recall that we agreed to it. Did we intend to leave the issue open for more horsetrading on the amount of a haircut ECS should take or were we content to cover ECS at 100 cents on the dollar? I am advised that the Btu number in the letter would allow ECS to get the full $500,000 of up front value. Rod and Steve--this one is up to you and I think its totally a question of

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Supplement to Gas Letter