This is the content of an email: Gayla - Thanks for talking earlier today. While I still would like to have your business people confirm their rationale for having a bi-lateral agreement, I have looked over the Williams form and noted my comments. I have attached the redlined version below. I have retained the concept of exclusivity for the term of the agreement and for one year following termination as the product developed by CommodityLogic is of significant importance. Since Williams is currently evaluating the product for potential use, I believe your business personnel can appreciate the viability of this product and understand CommodityLogic's concerns. I am hopeful that we can reach resolution on this agreement promptly. Thanks.

Subject: NDA with CommodityLogic

This is the content of an email: Sarah, As I have not yet heard from Jayshree, I thought I would convey the gist of our phone conversation by e-mail. Over the last several days, we in the research group have looked at ORACLE risk management databases and Enrononline data to corroborate the profitability numbers for power and gas trading. Our analyses yield figures which are substantially at variance with what is normally believed to be the case. Of course, there may well be information sources we are not privy to. Moreover, we found some irregularities in the data which only serve to raise our doubts about the quality of the data. As a result, we are not able to make an authoritative statement about the profitability of power and gas units. As we are not able to intepret the data ourselves, we have provided the spreadsheets so you can draw your own conclusions. Thanks.

Subject: Power and Gas Trading

This is the content of an email: Gentlemen, This is now back to being the CA Development I and II deal. Please change the name. Please send it to me and Lee Johnson tomorrow, if possible. Kay

Subject: E-Next Generation CASO1 and CASO2 Comparison of Section 10.8.4

This is the content of an email: Guys, we appreciate your efforts on this project but we will not be needing your services as owners engineer on the Vitro project. I will honor our agreement on the sell down; however, we have sufficient technical talent internally and externally to manage this job. I see very little effort in continuing to waste internal time in ENA and EECC on this discussion. Regards
Subject: Vitro Project