Problem: BODY: I would like to send the email out announcing this master and have a few questions. First, about the approved products, as best as I can determine, we don't have the pulp & paper language in, and don't have the weather rep in. Seeing as tho' they probably won't trade pulp & paper, I won't worry about that. However, with respect to weather, since the weather rep is always added into the confirm, I don't think not having it in the master would necessarily mean they can't trade weather. Unless you know of a reason to the contrary, I would think we want to open them for weather. Second, looking at the agreement to see if there is anything else we want to mention to the general distribution group, I don't see anything in particular out of the ordinary with respect to trading issues, except in the Netting of Payments section which appears to allow payment netting amongst PG&E and it Core Procurement Department and California Gas Transmission Department. Will they be financially trading separately under those departments? And if so should we instruct the Settlements group to net the payments? Anything else special you think I need to mention?
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A: SUBJECT: Pacific Gas & Electric

Problem: BODY: All: Following is a list of outsanding items: (1) ISDA Master Agreement (Schedule and Credit Support Annex) I need to better understand EWEB's proposed settlement language. ENA generally sends an invoice when the counterparty owes a payment (but not when ENA owes a payment). The invoice reflects the outstanding transactions for a given Calculation Period and the net amount owed. ENA can generate this invoice in all cases. Does EWEB intend that BOTH parties always send reciprocal invoices? Is is necessary that the Calc Agent ALSO make a phone call? What does EWEB's language "separate invoices and documentation covering each Transaction sufficient to permit the other party to comply with its interanl accounting and record keeping procedures concerning individual Transactions" mean? Please call me to resolve. When can we execute? (2) Cable Huston legal opinion: please add (1) opening paragraph: "(iii) the Confirmations for Transactions ENA Contracts Nos. 447459.02 and 447459.4 each dated October 30, 2000 ..." (2) Paragraph 12 prior to the period in the first sentence: "as those terms are defined in the Master Resolution adopted by the EWEB Board on June 16, 1986, as supplemented" (3) the two (2) confirmations These require execution by EWEB. When will this be done? (4) Bond Counsel opinion Dick, I sent you an email on Friday. ENA is pleased to discuss with your counsel. Please refer to Larry's legal opinion: the deleted Paragraph 10 of the December 21, 2000 draft and the Paragraph 12 of the December 30, 2000 draft for the type of information requested. Please let me know if I have left out any items. I would like to finalize documentation today. Regards. Sara
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A: SUBJECT: Finalization and Execution of ENA/EWEB documentation

Problem: BODY: When: Friday, November 16, 2001 8:15 AM-9:00 AM (GMT-06:00) Central Time (US & Canada). Where: 724 *~*~*~*~*~*~*~*~*~* Please plan on attending a (short) meeting on Friday (11/16) at 8:15 to discuss our strategy for Station 4. As you know, Marketing and Operations have determined that Station 4 will not be installed under the Red Rock docket. They have requested Environmental withdraw the application for the air permit, which I believe they are currently working on. The overhauls for the existing three units are currently scheduled to begin in March 2002.
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A:
SUBJECT: Red Rock