We now have a fully executed Master Firm Purchase/Sale contract between ENA and ENA Upstream. I am forwarding the originals to Gerald Nemec, and he will get a copy sent to you. The confirmation language states that "Any Transaction may be formed and effectuated (i) by a written paper-based Transaction Agreement executed by the Parties...or (ii) in a recorded telephone conversation between the Parties..." Therefore, per Gerald, we can discontinue preparing paper confirmations between the two Enron entities. Please let me know if you have any questions or concerns. Thanks,
Answer: ENA to ENA Upstream Master
Here is an email: Dear Mr. Lay, It was so wonderful to see you and Linda at the party on Sat. night. We had such a great time seeing so many friends. My dad had a good time as well. He said it was the latest he has stayed out in a long time, and for a good reason. He has such wonderful friends. I want to thank you for considering helping me in acheiving my goal which is to get Laura Bush to speak at a fund raiser for our school. The event will be in April; of course depending on her schedule this can change, but we have reserved the Snowmass Conference Center for the 19th. This is a great celebration for us and for education. If you watch our video I am sending for your viewing you will understand what we have been through just to have the right to keep our doors open. We settled with Pitkin County several years ago on a Supreme Court ruling by Judge Madge in our favor. We were able to use those funds to build our current building. We will be making a new video for the gala that will include our high school. The current video was made two years ago when we decided to embark upon high school. I know you understand the draw Mrs. Bush would have at such an event. It would be very meaningful for us if she could attend the celebration. I appreciate anything you could do that would encourage her to come. I hope you and Linda will keep this time open on your busy schedules and attend. We are hoping to set into place endowment and educational chairs that will secure the future of our school. I may have mentioned our next endeavor we see in our future would be to open the school up for others across the country to come and take advantage of the beautiful surroundings as well as the christian education. We will have host families that will house the students at first until we can absorb them perhaps as boarders. We know God is in charge and He will direct our path in this possibility. I did not get the chance to also tell you how grateful we are as a school for Technology for All. Our little school was the test pilot and the first out of state set up and delivery. Of course, I told them that if I had to drive to Texas to get them I would and that is just what we did on one of our Spring Breaks. We loaded up a UHaul and drove 15 computers back to Basalt for our state of the art computer lab. We have a wonderful man who has networked them all We are modem, cd rom and internet compatable now. We have just received more for each of our high school classrooms from the office in Denver. The fruit of your labor is prospering and we are so thankful. We probably have one of the best computer labs in the valley.
What is a potential subject line for this email?
A: Laura Bush
Q: Susan: Could you please when you return on Monday circulate a list of issues that we need to discuss regarding the forms? Susan Flynn was keeping track of some of those issues after you left. I would like to try to get those issues addressed next week with the people that we need to talk to so that we can turn a draft of the ISDA Schedules, so please make this a priority. Thanks.
Propose a subject line
A: Forms Meeting
IN: Robert, As I suggested yesterday, I believe the Symposium title should include the words: Leadership... Technology...Energy. I am in the process of attempting to recruit a couple of key Steering committee members. re" * CEO, CFO, COO, President and CTO's of top 100 companies, "excluding" CEO's of top Energy companies. (Did you mean "including"?) I will try to join the telecon tomorrow but prior commitments may make that difficult. Thanks for all your work on this project. Michael D. Burke MDB Capital Ventures 210/269-7962 829 College Blvd. San Antonio, TX 78209 210/269-7962 fax /826-0449 mdburkesa@aol.com 5252 Westchester Suite 250 Houston, TX 77005 713/662-1982 fax /666-5227 mburke@entrix.com

Generate a subject line.

OUT: HTC Energy Symposium
IN: This is an email
Spoke w/ Skilling re OI "binary" decision. He is willing to enter into the deal. His rational is that he thinks we will be ok on OWC in the final analysis. He did say to reserve for the deal adequately and structure it as appropriate for the circumstances. He also wanted to know if there is anything different here than on OWC. I told him that it wasn't significantly different (both strong underlying businesses with huge event risk attached) Lets get dash completed and then I will voice mail Jeff w/ specifics and get his verbal signature. Rick

What is the subject?

OUT: OI
Dear Mr. Lay: I'm writing this note to you as a show of support to you during your dire times. The reason that I share this with you is my respect for you as a CEO, a business leader and a person. My wife is one of your employees who routinely shares stories about you that are nothing less than inspiring. I know that during difficult times, sometimes words emerge that can help people through difficult times. I believe that you are sincere man and know that you must be broken hearted, but I hope that this article can help you lead a dispirted workforce to see things more clearly. My wife, Shelly Pierce, has worked for Enron for the past two years and like many of your employees, has lost a great deal of her life savings. Of course, I accept most of the blame for this for reasons related to this article. I lost my investment discipline and held out the false hope that Enron could not falter. After reading the article to her while I was out of town, I believe that her spirit was a bit rejuvenated and she was ready to face the challenges that lay before you. Mr. Lay, I appreciate the opportunity that you have given my wife and our family and hope that this story inspires you to regain your successes.
Answer:
A Supportive Note