IN: This is likely the last opportunity we will have for comments, so if anybody has any additional comments, please let me know no later than the end of the day on Wed, Oct 13th, and I will forward all comments to Caroline on Thursday. Thanks for everybody's assistance on this effort. Elizabeth

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OUT: EEI - Revised Standard Contract

IN: Oscar, I changed para 2 back to unilateral because there is no way for Enron to have the information to issue a notice of termination on 11/30/99, only AEC will be privy to that and in the event they do not issue notice by that date they should remain bound to the deal. I assume that is the only change you made to the agreement I drafted last night. As such I have attached the modified version for your use with Credit prior to sending same to AEC this morning.

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OUT: Modified AEC letter agreement

IN: After meeting with our ENW OTC this morning, Whalley has requested the following information: Total current IT asset balance before accumulated depreciation (including hardware, software, capitalized development). Total current accumulated depreciation related to the above IT dollars. Planned 2002 IT depreciation expense. Please note, you should only be reflecting dollars for IT assets that are on your respective BU's books. Planned '02 IT depreciation should just reflect depreciation expense from those assets. IT assets on ENW's books will be picked up by ENW Fin Ops. Depreciation recognized on ENW's books and then allocated to other BU's will be reflected as ENW depreciation and should NOT be reflected in any other BU for purposes of this analysis. Whalley would like to see this information tomorrow. Therefore, please let me know if your respective area cannot provide the information to me by noon tomorrow (10/16). I'm at X3-5439 if you have any questions. Thanks,

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OUT: Whalley Request - IT Asset & Depreciation Analysis

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OUT:
Northern Light and World Markets Energy Training