Q: Dear Lisa: As you requested, what follows is an example of "exclusivity wording" that you might use in a contract. Please note, however, that all contracts must be approved and initialled by Gerald Nemec or another attorney in EWS Legal before they are signed by an EWS officer. - Mary O. Exclusivity. In consideration of the efforts to be expended by Buyer in undertaking its due diligence review of the Project and Assets, Seller hereby grants to Buyer, during the Term of this Agreement (the "Exclusivity Period") the exclusive right to pursue the Project with Seller. During the Exclusivity Period Seller shall not work with any other persons with regard to the Project or pursue any other transaction involving the Assets.
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A: Exclusivity Wording
IN: there is, in effect, no monthly update to speak of. we have heard no word whether the other parties have finalized their settlement in priniciple, but note that there have been no filings with the court. there also have been no communications from the court, either about a case conference or a rescheduled date for the motion hearing. we don't see any reason to push the court, so we'll let you know more when we know more. call or e-mail with any concerns or questions.

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OUT: monthly update
IN: This is an email
It was just brought to my attention by Dave Steiner that the Estate will continue to own the F(urniture), F(ixtures), and E(quipment) and that UBS will be able to use it for free so long as we are in this building. As you both know, it is possible that we will move from this floor and would like to take a good portion of the FFE with us. My understanding is that Enron is leasing the furniture in Houston and owns the furniture in Portland. Therefore, it makes sense for the Houston office to continue to use the furniture but not move it. It doesn't make as much sense here as it will be expensive for the Estate to dispose of the furniture here and it will be even more expensive to move it to sell it. Here's the issue -- the Estate should convey the furniture in Portland to UBS. Is this possible? What do we need to do to make this happen?

What is the subject?

OUT: More Portland Issues
QUESTION: Please review and comment on the attached draft statement of organization for the EEI contract working group. Once the statement is agreed to by the drafting committee, I suggest we present it at the next meeting of the Working Group. Given the press of time, I would suggest holding that meeting at EEI the week of October 22. I would propose holding the next meeting of the Drafting Committee in early January around the 15th.
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ANS: Proposed Staement of Organization
In order to bring better legal coordination and standardization to Enron's Risk Assessment and Control (RAC) group, we have formed a new legal group, which will initially include Lisa Mellencamp (Finance), Marcus Nettelton (Power Trading), Carol St. Clair (Broadband/Power Trading), Mary Cook (Financial Swaps), Peter Keohane (Canada), Ed Essandoh (Retail), Paul Darmitzel (Retail) and Elizabeth Sager (Power Trading) (Team Leader). This group will focus on, among other things, managing Enron's exposures with bankrupt counterparties, working out credit solutions with distressed counterparties and standardizing our overall credit practices. The initial members in this group have been drawn from Enron's numerous legal groups in order to gain a broader perspective. Each of these members will provide support to this new group in addition to their current responsibilities. Within RAC, Michael Tribolet will focus on distressed counterparties, in conjunction with Bill Bradford, who continues to manage the Credit Risk Management group. Please join us in supporting the efforts of this new group.
Q: What is a potential subject line for this email?
answer: New Legal Team to Assist RAC
Please review and give me your comments. I have talked with Brant Reves and he said he is not requiring any credit provisions to be in place up front of this deal. Note that the GTC gives us the option to request credit support during the term of the deal.
Q: What is a potential subject line for this email?
answer:
El Paso Electric confirmation agreement firm gtc terms must be signed.