Q: Still waiting to hear from you. Attached is a refinement of your proposal but I don't know if it accurately describes what you want. SS
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A: Merita

Q: Greg, These are proposed bonuses: Managers: Superior 1. Ravi Thuraisingham 40K 2. Ronnie Chahal 40K 3. Amitava Dhar 40K Excellent 1. Osman Sezgen 35K 2. Tanya Tamarchenko 35K 3. Joe Hrgovcic 30K 4. Vincent Tang 30K Directors: Superior 1. Mike Roberts 100K 2. Krishnarao Pinnamaneni 60K Excellent 1. Zimin Lu 50K 2. Maureen Raymond 40K Assistants: 1. Shirley Crenshaw 6K 2. Robert Moore 5K You already have the VP numbers. Vince
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A: Proposed bonuses

Q: All: Attached is a short recap of the items which I have been discussing with Clint and Jeff. I'd like to get together sometime today or tomorrow. Rex and Jim: I will fax to you copies of the Enron Corp. resolutions (some final, some draft only) referenced in the attached summary. I may not have the latest information and perhaps you can update and address when we meet. Please call me with a suggested time. This afternoon is best for me.
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A: Enron Corp. derivatives trading

Q: Bill and Ed: Here's an update: - Enserco Energy has renewed their LC. I should be getting a faxed copy shortly and bill will receive the original. - Kim Theriot confirmed that there are no outstanding trades with Simpson Tacoma Kraft Company. - Leslie Reeves confirmed that there are no outstanding amounts due by Metromedia Energy. Has anyone found the LC? I have asked Kim T. to locate the trade docs. - Leslie Reeves confirmed that The Energy Authority closed out their positions with ENA. - Energy Production Corp.'s LC automatically renews for 1 year periods unless we received a notice from Chase of its intention not to renew 90 days prior to expiration. Is all of this info consistent with credit's records? That leaves Niagra Mohawk Energy Marketing, El Paso Electric, Rising Star Energy LLC and LG&E Energy Marketing. Out of those CP's, only LG&E owes us a payment. I am waiting to hear back from Leslie regarding payments owed by Niagra and Rising Star. I have asked Kim to sends me the trading docs from Niagra. Alan Aronowitz is working with someone in credit or settlements on the Vitol LC.
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A:
LC Update