Subject: "Online Trading Agreements".

Body: Here are the most recent versions from Clifford Chance. They were sent to Sullivan & Cromwell yesterday to be "Americanized" and are still drafts with a number of open issues yet to be resolved - so we can easily make changes as necessary to solve issues you may raise. The PA = Password Application - to be signed by counterparty & sent to us before a password is issued. The ETA = Electronic Trading Agreement - to be agreed to online before trading is permitted. The ROETA = Read Only ETA - to be agreed to online by persons wishing access to the site to view but not trade (probably misnamed - should be ROPA or something that doesn't sound like they'll be able to trade).

Subject: "NGX Fees".

Body: Just a note to let you know we have changed our fee structure with NGX. As of April 1, we are no longer paying any fee for deals beyond the prompt month. Thanx,

Subject: "Enron-TBG Release, Enfolio and Transaction Documents".

Body: Jeff: Please find attached Calpine/TBG's proposed revisions to the drafts of the Enron-TBG Release and related documents. These are in clean and blacklined form to facilitate your review. Kindly forward these to any other Enron personnel you deem appropriate. Please note that Calpine's representatives are seeing these drafts for the first time now. Regards, Dave Metcalfe PS: Sorry for the delay... <<Enron-TBG Enfolio Master V3.doc>> <<BLACKLINE -Enron-TBG Enfolio Master 1-3.doc>> <<Enron-TBG Confirmation -4000 a day V3.doc>> <<BLACKLINE -Enron-TBG Confirmation -4000 a day 1-3.doc>> <<Enron-TBG Confirmation -8500 a day V3.doc>> <<BLACKLINE -Enron-TBG Confirmation -8500 a day 1-3.doc>> <<Enron-TBG Release V3.doc>> <<BLACKLINE -Enron-TBG Release 1-3.doc>> - Enron-TBG Enfolio Master V3.doc - BLACKLINE -Enron-TBG Enfolio Master 1-3.doc

Subject: "Urgent - Drugs Test Reminder".

Body:
Records indicate that there are a significant number of employees who have yet to have a drug test. Here are the details of the locations in Houston, Portland and other locations. Please attend one as soon as possible to avoid delays in your your onboarding and payroll processing. HR