This is the content of an email: Susan, Attached is the amendment we discussed. We would like to execute this today. Mark indicated that Steve would sign today if everything looks OK. Thanks for your help, Susan.

Subject: GCA Amend.

This is the content of an email: Steve: Here is what I have found out from our credit and confirms people. We are still confirming all trades with BT. Further, when our credit person spoke with yours, they indicated that this would continue until a Master with DB is put in place. Is all of this consistent with what you have heard?

Subject: BT Trades

This is the content of an email: Mary and Sara: I spoke with Lech about the Article 9 questions. He is going to send me some articles that they have written which I will send to you. He alos confirmed that the cash perfection issue has not changed under new Article 9 although his view on it was that this type of collateral under the UCC is more like a deposit account than "money" which, under common law principles, gets perfected through the exercise of dominion and control over the cash. Under the new Article 9, deposit accounts are covered and the new Article 9 codifies the common law control test. e alos expressed a view that It may take longer than July 1st for NY to adopt the new Article 9.

Subject: Article (

This is the content of an email: Kim: I was hoping to catch up with you after Stan's meeting to discuss TW financing arrangements. Their is still a very good possibility that TW could be added to the Cpt. 11 companies sometime in early Jan. (the Revolving Credit Agreement would be paid off as part of that process). Two things to remember on new projects - (i) likelihood of TW cash for equity in deal is very low and (ii) If TW is put into Cpt. 11, the implications of its credit on the other counterparties. If we can find other people's money and structure around the TW credit risk, we have a better chance (but still will be extremely tough). As you heard this morning, cash is at a very high premium right now (especially with Red Rock expansion). Thanks,
Subject: Financing Arrangements