Attached is a list of high volume "old" ECT Masters which was obtained from the confirmation desk. Many of them appeared on our working list from last year. Tanya: We have enough legal help to pursue the names on the list. Would you like to prioritize or amend?
Answer: Non-ISDA Master CP's
Steve, We are currently negotiating an interconnect agreement for an upgrade of an existing interconnect off the Trawick System into TUFCO. The interconnect is solely a delivery to TUFCO. We are down to one point of difference in the agreement. Typically HPL disclaims any liability for consequential damages to the other party. TUFCO is asking for an exception for any violation of gas quality specifications. This would mean that if HPL delivered off spec gas to TUFCO which required cleanup of their pipeline system or caused damage to a customer of TUFCO's HPL would be liable under this Agreement. From a legal standpoint, we can make this exception, but I wanted to make sure everyone understood and agreed with the acceptance of this potential liability. Assuming we are properly monitoring all our receipts there shouldn't be an issue. Please let me know what you think about this situation. I can forward a copy of the interconnect agreement if you do not currently have one.
Answer: TUFCO Trawick I/C
Arvel, I received your pressure data. Unfortunately the contract pressure is assessed against the 3 year period prior to the Effective Date of the contract which is Oct. 19, 1993. Any chance we would have any such data? Ken Krisa is also checking to see if he has any such data. Also, did we receive any quality information on Dakota production? Thanks for your help.
Answer: Pressure, Quality
David and Louise: One of the things that Organic has asked us to keep confidential is "the existence of any business discussions, negotiations or agreements between the parties as well as any information regarding the skills and compensation of employees, contractors or other agents of the disclosing party." This is a departure from our form. Are we prepared to agree to this? Also, to the extent that parties are insisting on using their form of CA, what do you want the approval process to be? Carol
Answer:
Organic Confidentiality Agreement