IN: Paul: Just a few questions for you on the revised EEI master that we received from Engage today: 1. I just want to confirm that the collateral thresholds should be 9 million. 2. They want to have Section 8.1(b) and 8.2(b) apply which requires a party to post collateral if the other party believes that its creditworthiness is unsatisfactory. 2. In our Schedule, we delete the 3 day cure period for an event of default that occurs as a result of a Guarantor's non-payment. They want the cure period. do you care? 3. In Section 5.7, each party can suspend performance if a Potential Event of Default or an Event of Default occurs. They want to delete Potential Event of Default. 4. They want to extend the right to dispute invoices and to request adjustments to statements or payments from 12 months to 18 months. 5. They want to change the consent to assignments standard from being able to withhold consent in one's sole discretion to being able to withhold consent only when it is reasonable to do so. I look forward to hearing from you.

Generate a subject line.

OUT: Engage

IN: Hi Mike: Parquet found me to talk about the QF ideas that you guys are bouncing around. I'll be in Portland tomorrow. You have some time to sit and discuss a bit? Best,

Generate a subject line.

OUT: QF Ideas

IN: Mark and David, Below is my first stab at the organization memo. I didn't over focus on specific wording and I am not sure how you want to address the various groups that will be affected. I believe we need to address all of them by name and they should probably be in alpha order as to not upset anyone on the order. I also didn't know any other information that you may want to include with regard to the successes from the group year to date. Greg, Jeff and I are getting together for lunch tomorrow to discuss the New Works organization. I think that this should come from Enron's office of the Chairman vs. the business units because it does affect 2 different lines of business and it will have more impact and clarity for the other groups especially, my departure from Net Works. After you guys pretty this up (and destroy it) please send it back via email and i'll make sure and coordinate with Whalley. Thanks,

Generate a subject line.

OUT: draft org. memo

IN: Gary and Caroline, as of today, we have emailed a list by station (7 and/or 16 day charts) to the measurement group which needs to be read for PPA's to correct the daily volumes fro the following shippers: MidAmerican - 147 stations (It is my understanding you have already 44 of the 147) IES - 87 stations Interstate Power - 6 stations Wisconsin Power and Light - 11 stations In order for Gas Logistics to keep track of the ones that need to be corrected, we would like for Measurement to send us updates on the following information ASAP: 1. Which station numbers have or have not been corrected for October. 2. How many October charts have been received and how many are outstanding 3. Provide status of November chart information. Gas Logistics needs the October corrections in the system by December 19th, which is the time frame for the first prior period run. This is important for us to be able to review the prior period invoices. As you find there are missing charts, if we can be of assistance in calling the field, please let us know. This way, the measurement group can concentrate on reading the charts. We appreciate your assistance and help in tracking these prior periods and helping each of us to keep focused to get these prior period corrections done by the next months billing. If you have any questions, please let Rick or I know. Thanks. Lynn

Generate a subject line.

OUT:
October (Forward) Positive Displacement Meter PPA Status