Subject: "GISB".

Body: Marilynn, We are fine with the suggested "Tax" language for the GISB. I would like to see this included in the Special Provisions. Please let me know if this is acceptable to you? Regards,

Subject: "Modified AEC letter agreement".

Body: Oscar, I changed para 2 back to unilateral because there is no way for Enron to have the information to issue a notice of termination on 11/30/99, only AEC will be privy to that and in the event they do not issue notice by that date they should remain bound to the deal. I assume that is the only change you made to the agreement I drafted last night. As such I have attached the modified version for your use with Credit prior to sending same to AEC this morning.

Subject: "COLFFL Payout Schedule".

Body: ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - COLFFLPayout.xls

Subject: "check out procedure for swap group files".

Body:
In an effort to avoid loss of our executed agreements/files (master agreements, brokerage and futures agreements, repo agreements), we are testing out the "library approach" and instituting a checkout procedure. Whenever you remove one of these files from the file cabinet, please "hold the file location" with a signed "card" (legal sized) available on top of the master agreement file cabinet. You will also see a large sign reminding you to sign out for your file. When the file is returned, just replace the "card" with the file and delete your name from the "card". Please be sure to check out all files currently in your office. Thanks for your cooperation.