This is the content of an email: Hello all! Thanks again to everyone who participated in our Enron Elves Event! We were able to provide each family a number of gifts for the children as well as a gift certificate to Fred Meyer. We will be holding the drawing for the Blazer tickets next Monday (January 7th), when more employees are likely to be present. For your reference, here is some additional information about the games: Package 1: Blazers vs. Cleveland Cavaliers Sunday, January 13th - 7:00 pm 4 tickets in the lower level, parking included Package 2: Blazers vs. Minnesota Timberwolves Wednesday, March 6th - 7:00 pm 4 tickets in the lower level, parking included If you donated money or a gift and were not able to enter your name into the drawing, please us know--we would be more than happy to add your name.

Subject: Enron Elves Update

This is the content of an email: Jeff Skilling proposed a solution to Gov Davis to solve the supply and pricing problems in the California market. In summary, the proposal would have a neutral party conduct an auction wherein the utilities would seek bids for 5-10 year packages of power from suppliers. The gov asked if anyone had successfully conducted such an auction in the industry already. I need your help to identify and describe any such examples (European or North American) by mid day Monday. Jeff and I will have a follow up call with the governor on Monday. Thanks

Subject: examples of auction processes that worked

This is the content of an email: David and Louise: One of the things that Organic has asked us to keep confidential is "the existence of any business discussions, negotiations or agreements between the parties as well as any information regarding the skills and compensation of employees, contractors or other agents of the disclosing party." This is a departure from our form. Are we prepared to agree to this? Also, to the extent that parties are insisting on using their form of CA, what do you want the approval process to be? Carol

Subject: Organic Confidentiality Agreement

This is the content of an email: Guys, I want to clear up a couple of points: a) if you had received a retention payment in early December with a date that expires Feb 28 - that retention payment will not be at risk in any way if you do not work for NETCO or if you choose to join the effort towards NewCo. That payment was made on behalf of the Enron estate to ensure critical operations are completed and key people are retained; b) we are working to provide, as per our discussion this am, a new retention package for estate (and NewCo) employees for the next 90 days that should be forthcoming in the next several weeks; c) you are not in breach of your employement agreement by working towards NewCo versus Netco or the overall estate regardless of which company wrote or sponsored your original contract (ie) ENA , EES, EGM, etc. These are all Enron assets; and d) I envision that NewCo upon it formation will have its own compensation plan which will provide competitive base salaries, a bonus program consistent or better than Enron's or possibly similar to what is being discussed about Netco, an equity participation plan, employment agreements and a competitive benefits package. By copy to Jeff McMahon, I wanted everyone to know this is consistent with the overall message that I have been receiving. Regards
Subject: Retention Payments et al