IN: This is an email
1. Notice of intent to execute ROFR due six months prior to expiration (Nov 30) 2. EPNG posts capacity on bulletin board specifying terms and conditions 3. Open season must last for a minimum of 20 business days 4. Bidders must conform to procedures in EPNG's tariff (sec 28.9 b) 5. EPNG is not obligated to accept offer at less than maximum rate. 6. Bids will be evaluated to determine best bid in accordance with tariff (Sec 28.10 b) 6. If EPNG accepts a bid, Shipper has 5 business days to match and is not obligated to match more than five years 7. If no competing offers received, shipper is "not entitled" to extend the contract except by agreeing to pay max rates or negotiating otherwise with EPNG.

What is the subject?

OUT: EPNG ROFR Process

IN: This is an email
I just wanted to update you guys on the status of the EMW reports for Hunter. The EMW Positions_1 file is now updated and accurate. Every night when Kevin finishes his P&L file and updates the EMW Positions file, he will email the entire central team. If one of us is still here, we can print out the necessary reports and leave them on Hunter's desk. If no one is here, the first person in will need to print these reports out and give them to Hunter with the Var report. For the time being Hunter will be the only one needing these reports, I will communicate any change in distribution that he requests. Also for the time being, we will be going into Kevin's P&L file, which is in the same location as our intra month P&L's that we sign off on, and printing the four tabs that he has identified in the email attached. When Hunter has time to review this format with me, we may make changes to the reports we print out. The EMW positions_1 file is in the same location as our CE Positions_1 file. Please as always, shout with any questions or concerns. Thanks for your help. PL

What is the subject?

OUT: Pages to print for Hunter

IN: This is an email
Susan, please substitute the setoff language set forth in the attached to each of the referenced items in the swap form bank. If there are any other items in the swap form bank that you think also need the new language, please advise. There may be additional language for a Canadian alternative; Peter is reviewing this further with Canadian counsel. Susan, also please note that as I update the US Industrial I will include this new language, but for now, put it in the current US Industrial form. After you have substituted the language, please provide me with one copy of each form for a final check. Thank you. Mark Taylor: This language has not been implemented in EOL.

What is the subject?

OUT:
New Setoff Language in Isda Forms