IN: This is an email
As a point in clarification, in Section 2(a) of the Master Netting Agreement the parenthetical "(including automatic termination, if applicable)" should be deleted. Here are the new forms with the deletion made in them. Since the form is amending the underlyings to not include automatic termination, the parenthetical should no longer be included. Further, see the attached once again revised process (hopefully this will be the last revision for a time!). Changes are in bold and deal with the gas receivables financing and credit sign-off. To the extent a counterparty will agree to a 25th of the month effective date, do so, as it fits our physical gas billing cycle and makes it easier to pull out the receivable from the gas receivable financing.

What is the subject?

OUT: Revision to Master Netting Forms

IN: This is an email
Frank, This email will confirm that MidAmerican will not be paid for the November gas purchase amount of $1,558,687.65, since they have already shortpaid their transportation invoice by this amount. I spoke with Mark Walton in Finance this afternoon, and he said that they are aware of the situation and have already taken the appropriate actions to cancel the wire transfer that would have gone out to MidAmerican later this month. Also, FYI, I did check with the Contracts Group about payment terms in GISB agreements. Section 7.2 of the GISB form stipulates the payment date as being the 25th day of the month following the month of delivery. I spoke with Renee Perry in Gas Logistics this afternoon, and she is looking into compiling an invoice for finance charges on the balance shortpaid for the period November 12th - November 25th. Please call me if you need further information. Thanks,

What is the subject?

OUT: MidAmerican Gas Purchase Payment

IN: This is an email
According to the International Coal desk, the three brokers that have expressed interest are: - TFS - GFI - NatSource Apparently the desk is not as enthusiastic about NatSource from their perspective, though they would be happy to see the other two getting access. Let me know if I can further assist. Thanks,

What is the subject?

OUT:
Int'l Coal & Broker Client