IN: Howdy folks, I'm looking at having our board of directors meeting on Saturday, Dec. 8. It will likely be at the same location as last time. Please let me know your thoughts on this date. Take care, Bobby

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OUT: board meeting

IN: Attached are draft RTO comments. The comments reflect EPMI's views on RTO development, given the Commission's apparent recent changes in position on the number of RTOs to be created. We urge Right Sized RTOs without choosing a number. The comments reflect input from Christi, Dave Perrino, Steve Walton, Mike Roan, Andy and Charles. Please review the sections where you have had input to make sure we adequately reflected your points, but please also review the entire document and let us know your thoughts. I'm still filling in cites and Bernadette will be working on the formatting, but the document is hopefully in pretty good shape. There is no filing deadline for these comments, but we would like to submit them on Monday if possible. It shouldn't take more than an hour to review. In sending your comments, please "Reply to All" so everyone receives your comments. Thanks for everyone's help.

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OUT: RTO Comments

IN: John, The above contains 29 and and as of today we have 29 confirmed for interview. We will hopefully have feedback on another 5 peopel shortly (3 internal / 2 external). Additonal interviewer names would be great.. usually people drop out even when confirmed!. Thanks, Karen.

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OUT: interviewer list

IN: Hope you are well! I had a wonderful vacation in L.A. I never made it to either the Norton Simon or the Getty; I'll just have to plan another trip to the west coast. In connection with your recent review of our standard ISDA Schedule, Credit Support Annex and legal opinion (the "Documents"), could you please advise as the whether additional provisions are required or advisable in any of the Documents when our counterparty is an Argentine public utility, municipality or other type of regulated entity. In the U.S., we use the ISDA Multicurrency - Cross Border boilerplate and incorporate most of the ISDA municipal language and some of our own into the Schedule for municipals and governmental entities. However, for public utilities which are general corporates (and not governmentally owned), we take a different approach and incorporate language which might trigger an "Additional Termination Event" for "regulatory type developments" (e.g., orders issued by a public utility commission) which would cause or might cause our master agreement to become void or unenforceable or similar swap agreements to become void or unenforceable. For example: "The filing of a motion, pleading, application or other similar action in any proceeding or action by Party B, a commission, regulatory agency or other entity having jurisdiction over Party B, in respect of Party B, or in respect of any other similarly situated entity organized under the laws of the state(s) in which Party B is located or regulated, to the effect that performance under this Agreement or one or more Transactions hereunder or similar agreements is unlawful or that this Agreement or one or more Transactions hereunder or similar agreements are void or voidable." By fax, I will send you our Municipal Schedule. Please advise as to changes in both the (i) Schedule and (ii) legal opinion for both (a) public utilities (corporates, non-governmental) and governmental entities (municipals, public agencies, governmental utilities, etc.). Please call if you have any questions. Regards. Sara

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OUT:
Argentina: public utilities and other regulated entities