All: At Clint's request, please find below the form of assignment for execution among Enron North America Corp., Merrill Lynch Pierce Fenner & Smith and Lehman Brothers Finance S.A.. I will have to fax the term sheet to you as I can't find it in my email. Sara
Answer: Assignement Agreement Draft
Per our conversation, I am attaching a proposed form of Unanimous Consent of the Board of Directors of Brant-Allen Industries, Inc. ("Company") that would expand the Consent of Directors given to us when we executed the ISDA Master Agreement in 1998 to do more than just the single trade referenced in that resolution. If the enclosed meets with your approval, please have it executed by the directors of the Company and return a copy to me for our files. If you have any questions, please do not hesitate to call me at (713) 853-3399. In addition, can you confirm one thing for me. There is a note in our file that says documents for the Company require two signatures. I looked at the Articles of Incorporation and Bylaws you provided us and find no such signatory requirement. Is this note an error?
Answer: Revised Unanimous Consent of Directors
Ted Murphy and I met with the Arther Andersen team this morning that accompanied us on our trip to Buenos Aires. We reviewed the observations and recommendations in written form that we had discussed briefly with you on our last day your office. After making a few changes, AA should be forwarding to you a copy of the draft document later this afternoon. We would welcome your comments and your additions on anything that you think we may have missed. Ted and I will be meeting with Rick Causey and Rick Buy within the next couple of days to discuss our operations and control review, so your responses would be welcomed prior to that meeting. I look forward to working with you and others in your office in my role over Global Risk Management Operations. In addition to overseeing common standards and controls for opeartional practices, I will work as your advocate for system and resource needs in order to insure success for your business plan in Buenos Aires.
Answer: Output from Operations/Control Review in Buenos Aires
All, The below is the final list of candidates that I have recieved to interivew for the Origination Track. All names have either been recommended or approved by their manger. Each candidate will be contacted tomorrow and we will proceed with a late November interview date. You, as the managment team will be expected to interivew candidates. If there are any final additions you would like to make to the below, please let me know asap. Kind regards,
Answer:
Origination Track (ENA)