QUESTION: Vince, As you meet with employees one-on-one tomorrow, you will want to cover a few items with them. These are some things we determined through reductions in other groups that work fairly well: have Shirley or your team admin prepared to receive all returned equipment (laptops, cell phones, pagers, blackberrys, American Express cards, long distance calling cards, etc.) have someone call Cingular to confirm that Enron accounts can be converted to personal accounts. I believe there is a form that the employee would need to submit to Cingular prior to the termination date. Shirley should coordinate with each employee to verify that all pre-petition expenses have been paid and that all post-petition expenses have been submitted for reimbursement. Because you have some lead time, you might consider instructing employees on how they should leave their desk. It is very helpful if employees can destroy old documents, return supplies to a central location and leave the desk clean. In the past we have realized after an employee leaves that we may not have the right contact information when needing to get in touch with them. Attached is a template to have your employees update their personal information to ensure that any corespondance is appropriately sent. Khymberly and I will both be in your meeting tomorrow at 3pm. Thanks,
Propose a subject line for this email?
ANS: Process for Tomorrow
John: Please send Susan Flynn contact information for this counterparty so that we can send them our form of CA for the financial info that they intend to give us. I'm assuming that this is in connection with swaps that we will be doing with them. If there is anything else that we need to describe in the CA please let Susan know. Thanks.
Q: What is a potential subject line for this email?
answer: Southern Company
Michelle, Per our conversation, attached is a draft of an amendment to the Master Firm Purchase/Sale Agreement between IDACORP Energy Solutions, Inc. and Enron North America Corp. which changes the confirming party to ENA. Please call me at (713) 853-5705 or e-mail me with your comments. Stacy Dickson
Answer: Amendment
Here is an email: Brent and Sara: Here is where we ended up yesterday after discussing the LC situation with Debbie: 1. Debbie and her group will initially review each LC that has been posted to Enron to determine if it is "transaction specific" or if it covers all trades with the counterparty. If it is transaction specific and the counterparty has performed, then no further action is required. If the counterparty has not performed then Debbie will work with us to see if a draw can be made. 2. If the LC covers all trades, Debbie will send copies of the LC and the transactions docs to me and we will determine what rights, if any, we have to draw. Each month, we will focus on those LC's that are due to expire that month. Call me if you have any questions. We will distribute the work to the trading lawyers as the need arises.
What is a potential subject line for this email?
A: Collateral and LC Issues
Q: A woman named Janette Bertel at McLaren Energy just left a message for Genia who had just sent them a power master, that they also want to get an ISDA Master in place with us. The woman's phone no is 819/986-4616. If you could send up some credit for this, we'd appreciate it!
Propose a subject line
A: McClaren Energy
Here is an email: As you may know, Transwestern and Northern entered into "corporate separateness" agreements as part of the recently completed $1 billion secured financing. The gist of those agreements is that the ETS family of companies is subject to new restrictions on their interaction with the rest of Enron. To assure compliance with these new obligations, I'd like to remove ETS personel from the OPI structure. I don't have the full slate of officers and directors in front of me, but I do recall that Dave Neubauer took my old job as OPI president, and I believe Mary Kay Miller and several other ETS folks are still officers and/or directors. Please give me a call at your earliest convenience to discuss. Thanks. DF
What is a potential subject line for this email?
A:
OPI