Spreadsheet: diana_scholtes__8557__Letter Log 01-08
Sheet: Termination

 | Events of Default/Termination
 | As of January 8, 2002
Term | Counterparty | Attorney Assigned | Enron Entity | Amount (if applicable) | Early Termination Date | Nature of Default (if any) | Contract Type(s) | Comments | Margin: (Posted by Enron)/Posted to Enron
 | Ashland Distribution Company (Energy Services), a division of Ashland Inc. |  | ENA |  | 2002-01-03 00:00:00 | bankruptcy | Forward financial contracts:  deal nos. ET8071.1 and ET8071.2 (02/04/1999) | Ashland will calculate termination payment
 | Associated Electric Cooperative, Inc. |  | ENA | $160,000 plus interest | 2001-12-02 00:00:00 | bankruptcy | SO2 allowance call option (deal no. 563912.01) and SO2 allowance sale (deal no. 563898.01)
Y | Badger Oil & Gas Company, Inc. |  | ENA ? |  | 2002-02-03 00:00:00 |  | Contract No. 96029356
 | Clark Oil Trading Co. |  | EGLI |  | 2001-12-19 00:00:00 | failure to pay | Purchase Agreements - Deal Nos. VS2145.1 and VS2179.1 (07/27/2001)
 | CMS Continental Natural Gas |  | EGLI |  | 2001-12-03 00:00:00 | bankruptcy | Field Services Agreements - Nos. P01-2478 (11/02/2001) and S01-2535 (11/16/2001) | CMS will calculate termination payment
Y | Cove Gas Company |  | ENA |  | 2001-12-09 00:00:00 |  | Gas Contract No. 96004059 (meter no. 800650)
Y | Energy Authority, Inc. (The) |  | EPMI |  | 2001-12-02 00:00:00 | MAC, bankruptcy | Master Energy Purchase and Sale Agreement (09/17/1997) | Per [NAME], agreement has a 5 day notice of termination clause; therefore, Energy Authority's termination on 11/29 is not valid, but agreement terminates automatically on bankruptcy filing
Y | G L Meabon Oil and Gas |  | ENA |  | 2001-12-19 00:00:00 |  | Contract No. 96003814 (meter no. 800494)
Y | Kendall, [NAME] |  | ENA |  | 2002-01-19 00:00:00 |  | [NAME]. 703738
 | [NAME], Inc. |  | ENA |  | 2002-01-02 00:00:00 | failure to provide adequate assurance, bankruptcy | [NAME] and Purchase Agreement, contract no. VY2999.1
Y | Long Ridge Farm Energy |  | ENA |  | 2001-12-14 00:00:00 |  | Contract No. 96023187
Y | Montana Power Company, The |  | EPMI | 527387.5 | 2001-01-08 00:00:00 | sect. 4.1 and 4.2 | Master Energy Purchase and Sale Agreement (12/21/1999)
Y | Nine Mile Oil & Gas Company |  | ENA |  | 2001-12-19 00:00:00 |  | Contract No. 96003007 (meter no. 800419)
 | North Carolina Power Holdings, LLC |  | ENA |  | 2001-12-21 00:00:00 | bankruptcy | Coal Purchase Agreement (03/19/2001) | NCPH is calculating termination payment
 | Ridge Oil and Gas, Inc. |  | EES |  | 2002-02-03 00:00:00 | failure to pay | GMS Customer Contract # P-RidgeOil-T-0001 (12/20/1996)
 | Sea 3 of Florida, Inc. |  | EGLI |  | 2001-12-28 00:00:00 | failure to pay | Propane Purchase Contract No. Y70533.2 (10/01/2001)
 | Shell U.K. Exploration and Production |  | EGLI |  | 2001-12-20 00:00:00 | failure to pay | LPG Sale and Purchase Agreement (08/25/1989)
 | St. Mary's Production, LLC |  | ERAC |  | 2001-12-27 00:00:00 | failure to provide adequate assurance | Excess Oil Sales Contract (09/06/2000) | if payment not received by 12/27, St. Mary's considers contract repudiated
 | TEPPCO Crude Oil, L.P. |  | ERAC |  | 2001-12-21 00:00:00 | failure to provide adequate assurance | Crude Oil Purchase Contract (06/25/2001 - deal no. [NAME])
Y | Thiele Keolin Company |  | ENA |  | 2001-12-02 00:00:00 | triggering event (sect. 3) | Enfolio Firm Confirmation (04/26/2001) | agreement terminated automatically as a result of triggering event; Thiele will calculate amount due
 | [NAME], a division of Transammonia Inc. |  | EGLI |  | 2001-12-28 00:00:00 | failure to prepay | Propane Purchase Contract No. Y26464.1 (09/12/2001)
 | Tucson Electric Power Company |  | EPMI | $632,232 for termination payment, $691,003.30 for Nov. | 12/27/2001 ? | failure to provide adequate assurance or prepayment | Western Systems Power Pool Agreement (02/1/2001) | letter states they are terminating two transactions (746406 & 417033.1) but does not reference termination of the WSPP agreement