Here is an email: A position has recently become available in the Real Time Trading group reporting to Bill Williams. Bill will be holding an information session on Wednesday, July 25, 2001 at 4:00 pm in Mt Hood for anyone who is interested in learning more about this opportunity. If you would like to be considered for this role, please let Amy FitzPatrick know by close of business on Friday, July 27, 2001. West Hourly Enron Online Trader The Short Term West Hourly group is responsible for the physical and financial integrity of prescheduled energy transactions. This includes managing curtailed schedules and preserving Enron's financial rights with trading counterparties. The group is required to maintain records and update databases that explain supply or market interruptions in order to minimize customer disputes The Hourly group interacts with the Services and Middle Marketing groups to administer terms of Service Desk contracts, which may include the selling of excess generation and/or the purchasing of energy to meet customers' requirements. Also, each trader is responsible for gathering and reporting information on unit outages, transmission line derations and other information pertaining to all West Desk Trading activity. The West Hourly EOL Trader will be responsible for helping to lead the transition of hourly trading of energy in the California ISO and bilateral markets to Enron Online. The trader is expected to initiate profitable trades while managing the company's risk exposure. The trader is expected to understand all settlements procedures and be familiar with charges related to each type of trade. The trader will proactively work to bring new hourly customers to Enron Online and will respond to internal and external billing inquiries. This position is anticipated to last 3-6 months, with the trader moving to a shift rotation at that time. Description of Function ? Trade hourly physical and/or financial products on Enron Online ? Work closely with Services Trader to integrate service and middle marketing customer positions ? Physically schedule trades including tagging where appropriate ? Enter trades and reconcile company accounting system where appropriate ? Assist in the resolution of volume/price discrepancies ? Work closely with Information Technology and Fundamentals groups to maintain and develop Real-Time tools and systems Requirements ? Bachelors in Finance, Business, Accounting or related field ? 1 to 2 years of previous power trading or industry experience in WSCC is preferred ? Excellent problem solving and communication skills ? Working knowledge of Excel, Access, Visual Basic and SQL ? Self motivated Detail oriented
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A: Available Opportunity - July 20, 2001 (West Hourly Enron Online)
Q: Tracy For VP level & above, I had the team pull by individual a recap of payroll information from SAP. This extract shows all the "current" payroll buckets that contain some type of reportable compensation. We then took that information & broke it into "fixed " and "variable" pay components. The attached spreadsheet provides you an individual/job group summary for the "fixed" vs. "variable" pay components on a consolidated basis. The "variable" pay amounts include ad-hoc payments for options, annual/retention bonus payments, tax settlements/refunds, etc. Based on our conversation, my sense is that for budgeting purposes, you will need to utilize the "fixed" total amounts. PLEASE NOTE - while the "fixed" pay components have been annualized, the "variable" pay components represent only those amounts recorded in the payroll system to date. Also, I understand there may be changes to the flex dollar amounts - but I do not yet know the details. I've checked with Executive Compensation to determine whether there might be a change in the Flexperq amounts - am still waiting for input. I will advise you of any changes I hear with regard to these elements. Additionally, on the fixed side, you should also budget some merit dollars - I would suggest 4-5%. We do not know the amount yet - but I think that should be consistent with past practice. Tracy - if you need anything else, please let me know. REgards/JD
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A: VP/Above - 2002 Budget
IN: Judy, As discussed in our meeting today, please find attached list of term deals which need to be re-confirmed under Wellhead GTCs. Please forward to us: Fieldname / county / state Well name Meter No. / Pipeline Working interest Please let me know if you have any questions. Thanks,

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OUT: Long Term Deals - ENA Upstream
IN: This is an email
I just wanted to give you an update on the NDA for the referenced counterparty. I faxed your signed draft to Andrew Hausman this morning. He finally got back to me a few minutes ago to let me know that he's looking for a lawyer on his side to review it. He has one comments already I'll run by Mark. Otherwise, we're waiting for him to get back with his lawyer's comments.

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OUT: Bloomberg NDA Update
QUESTION: Jeff, Thank you so much for your endorsement of Expectations Investing. Michael has been singing your praises to me for some time now and I too am a real fan of your innovations at Enron. Best wishes for continued success. Al Rappaport
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ANS: Thank you for your endorsement
IN: I am putting a Master Gas Agreement in place w/ Connective. Russell Diamond has asked me to contact you re their guaranty. I need for their guaranty to us to also cover physical gas trades. Please advise. Thanks,

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OUT:
Connective Energy Supply, Inc.