This is the content of an email: Dear Ken, I was notified today that I am being terminated. According to a lady (Trina) that I spoke to in Benefits, I will have health insurance through December 31, 2001. Currently, my family is also covered by the Enron insurance. My daughter is a sophomore at NYU. I can get insurance for her through NYU. I will need, however, a letter from Enron, on Enron letterhead, indicating when my current insurance will expire. Once I have the letter from Enron, NYU will initiate the paperwork to provide insurance coverage for my daughter. I asked Enron Benefits to provide such a letter. The lady I spoke to said she would have to check with her supervisor. I have not heard from either of them as of yet. I realize you are very busy but I would be grateful if you could facilitate a letter being sent to me as soon as possible. My daughter is planning to study abroad starting in January. The Spanish consulate will require that we have adequate insurance. My wife will be visiting the consulate on either 12/10 or 12/11 to present the necessary documentation for my daughter's study abroad. It is imperative, therefore, that we receive the above mentioned letter from Enron as soon as possible. My wife will take the Enron letter plus the NYU documentation to the consulate to verify to the consulate that my daughter will have adequate insurance coverage. I wish you the best in rebuilding Enron and I hope you and your family have a wonderful holiday. Sincerely,

Subject: Letter Specifying Termination of Benefits

This is the content of an email: Keith: As we discussed, here is Enron's legal/credit issues list on the ISDA: 1. We cannot agree to cross-acceleration. 2. There is a note that the cross default threshold needs to be discussed. Enron's $100 million threshold is based on the threshold that its banks accept in its credit agreements. 3. We prefer elective termination on bankruptcy. 4. We prefer the Loss method. 5. We would like to discuss with you your credit rating test for defining the "materially weaker" standard in Credit Event Upon Merger as well as the timing for posting collateral as it appears in this provisions as well as the Credit Support Annex. We believe that 7 Business Days is too long for posting an LC. 6. We would like to make the GP of Encore a "Specified Entity". We need to discuss with you your request to modify the definition of "Specified Transaction" to include physical transactions. 7. In the MAC Additional Termination Event, we would like to propose a cure through the posting of collateral. 8. We would like to discuss your proposed chnages to Section 13(b). 9. We need to discuss the arbitration language. 10. We would like to understand why you want to change the definitions of Default Rate and Interest rate. 11. Why do you want to exclude Sections 7.3 trough 7.6 of the Commodity Definitions Supplement? 12. In the "Recording" section we would like to add the phrase "To the extent permitted by applicable law" at the beginning of the last sentence. 13. We cannot agree to No Fault Termination. 14. We cannot accept Surety Bonds as a form of collateral to secure financial obligations. Looks like LC's would be the only form of acceptable collateral. 15. We need to discuss the credit threshold language as well as the rounding amounts. 16. We need to discuss what constitutes an acceptable LC Issuer. I look forward to hearing from you.

Subject: Encore Issues List

This is the content of an email: Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,

Subject: Hourly Palo Definition resent

This is the content of an email: This is to inform you that effective immediately, your human resource representative will be Hector McLouglin. Please channel any questions or concerns to him. I will be moving over to service corporate. I would like to take this opportunity to tell you what an honor it has been servicing you. Regards
Subject: Transition