IN: This is an email
Chuck - As we discusssed, attached is a marked version of the Participation Agreement which I have marked with some comments. Though I understand that we have existing agreements with ICE that were pretty much unchanged I was not involved in the original discussions relating to these agreements. I also understand the message you left relating to the reluctance of ICE to modify the agreement. I only ask that you review the attached and let me know your thoughts. Thanks for the cooperation and time. Mark

What is the subject?

OUT: Participation Agreement w/ENA Upstream

IN: This is an email
Thanks for the documents. If OK w you, I will look at during my flight on Sunday and will call you on Monday am if I have any comments. If this isn't OK, please leave me a voice mail and I will try to review earlier. Thanks

What is the subject?

OUT: EEI Canada and Ontario Product

IN: This is an email
We are presently contacting Morgan Stanley Dean Witter to facilitate opening of an account for EPHXII to trade ADRs. You will need to provide a resolution authorizing opening of the account as well as an authorized trader list and other contacts. We will provide you with drafts. I am certain that the broker will accept fax signatures and then follow up with originals. For future reference, will this be an isolated instance (i.e., deal specific) or will these accounts become more routine? Just wondering if S. Cone has a formal trading policy or if trading is still deal specific. SS

What is the subject?

OUT:
Enron Power Holdings XII Ltd. ("EPHXII")