IN: Thomas: Attached is a redline of the Client Agreement. I know that Gary Hickerson will be meeting with J P Morgan early next week and would like to have this agreed. Please advise as to what attorney will review my comments and put me in touch with that person today. Please let me know if you have any questions. Thanks.

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OUT: Futures Agreement

IN: OK, this is hot off the press. Tanya: our Performance Impairment language limited the collateral call to 1.1 times outstanding exposure. The collateral was defined only as Letters of Credit and the issuing bank was at least A- S&P rated. As to the Threshold, well, you can read the response. Please let me know how you would like to proceed. SS

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OUT: ISDA

IN: Please see attached first drafts of confirmations for ENA CSFBI and ENA Morgan. We should try to discuss these drafts as early as possible tomorrow. I currently do not think I have a Morgan contact on this distribution list. Who will forward to Morgan? Esmeralda, will you please set up the foregoing group as a contacts group for me, name it CSFBI Prepay. Clement, this is to close this week.

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OUT: Enron/CSFBI/Morgan Prepay

IN: I just sent you National Fuel Gas Supply contracts. The contact at National Fuel contact is Joseph Bettinger, Senior Manager-Interstate Marketing Department. Address 10 Lafayette Square Buffalo, NY 14203

Generate a subject line.

OUT:
Contract Stuff