This is the content of an email: I think all of us who deal with assets are running across confidentiality hurdles in all kinds of agreements, including confidentiality agreements. In short, our business people need the ability to disclose agreements to potential purchasers of projects, contracts and assets, and not all of our forms allow this. I'm trying to include an exception for "potential lenders and investors" whenever I can (instead of just lenders). Does someone have a more artful or effective solution? Just wanted to share the thought so that more eyes could be watching for the issue. Kay

Subject: Confidentiality provisions in various forms

This is the content of an email: Our contract with IGS provides that for any agreement identified by IGS and executed, TW will pay a one-time incentive fee of 3% of the first $15 million of net present value, 2% of the next $10 million of net present value, etc. The Southern contract associated with the Gallup Expansion is at a rate of $0.205 for 25,000 Dth/d for 5 years. Using a discount factor of 15%, the net present value of the contract is $6,270,625, so IGS's commission would be $188,118.75. Since the contract does not specify how NPV will be calculated (I believe we purposely omitted this for whatever reason), we will need to agree on a rate that is fair given the nature of and risk associated with the project. We should probably use whatever is standard in the industry for this type of project, if that's possible to determine. I have a call in to James Centilli for his recommendation in this regard, and will let you know what he says.

Subject: IGS

This is the content of an email: Please update me on the status of these agreements. Have they been executed? If so, I need one original for the file room and a copy. Thanks!

Subject: Entrada / Crescendo

This is the content of an email: Chris, Here are the additional manual entry meters. Those highlighted in blue should already be in the database, while green highlighting designates new records. Those without web DRN numbers need Enron designations which I will leave up to you. Let me know if you have any questions. Mat
Subject: manual entry meters