Corporate comp is relooking at your contract based on our converstion..ieyou would be entitled to severance payment eqyual to 2 year salary and bonus should you decide to leave the company provided that all or substantially all of the Azurix assts other than ?Wessex and Azurix Bu7enos Aires are sold. I will meet with Jim Derrick today to discuss John Ale. With regard to Beckett and Glasford; their agreements provide for retention bonuses provided they stay until September 16th. If they voluntarily leave before that they get nothing. There is no employment agreements in place that link anything to comparable positions titles or anything else. Should we move them over to Enron in Director positions and they are subsequently offerred positions elsewhere in Enron ( once we dispose of non-Wessex and ABA assets) at Director positions, then they have a choice of accepting those positions or voluntarily terminating. Since there is no contractual agreements with these two I do not want to offer any kind of enhanced severance payments to them. I have contacted Ben Glisan regarding Glasford and he is polling his people about their view on an appropiate placement for him. I will talk with you when you return. Thanks.
Answer: Employee issues
Here is an email: Regarding the GISB, issues remaining are Section 3.2 Performance Obl. and their Guaranty. We prefer Spot Standard for Section 3.2 however, they argue the Cilco city gate does not have a "Spot Market" . If the city gate is their end user I will give on this point. Tammy is checking on this. The only other issue is their Guaranty to Enron. I have no problem with amending the gty or putting a new one in place. Having said that, I would prefer they draft the amendment. This of course is contingent on credits ok with the change in the gty amount. FYI, I will be out to the office tomorrow afternoon for meetings. If you need me leave a message with my assistant and I will call you back. dp
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A: CILCO
Q: Dear Vince, It is my pleasure to invite you to speak again at "EPRM 2001 Europe", Energy & Power Risk Management magazine's fourth annual European energy risk management congress which will be taking place in Amsterdam on 6 & 7 September 2001. As you know, last year's congress attracted over 200 attendees and provided the ideal opportunity for leading institutions to discuss the key issues and latest developments in pricing, trading and risk management strategies for power and gas. Please find attached a draft copy of the conference programme. I have left the invitation open as I was unsure of your specific topic of interest. Thank you for your time and consideration. I look forward to hearing from you. Yours sincerely,
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A: EPRM 2001 Europe
IN: The Australia office gave me a list of their masters and I have entered them into the database. We still don't have copies. Further, I don't know more than if it's executed and the date. They need to flesh out the additional information that is required.

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OUT: Enron Australia Masters
IN: This is an email
Here is the status of form A. We are still missing significant info, and a lot of info needs to be redone and the interco pulled out. If you do not have x's by your commodity, please call me and lets talk about how we can get this done. Thanks

What is the subject?

OUT: status of form a
Bill: We are proposing the following compromise language to the bank regarding "Transfer": Party A may transfer its rights and obligations under this Agreement, in whole but not in part, to any Affiliate that is a resident for income tax purposes of the United States or Canada....... We typically don't resrict the jurisdiction of our Affiliates. Is this O.K. with you?
Answer:
Alberta prepay