Spreadsheet: gerald_nemec__11370__Letter Log 12-07A
Sheet: Termination

 | Events of Default/Termination
 | As of December 7, 2001
Term | Counterparty | Attorney Assigned | Enron Entity | Amount (if applicable) | Early Termination Date | Nature of Default (if any) | Contract Type(s) | Comments
Y | AIG [NAME], LLC |  | ENA |  | 2001-12-06 00:00:00 | bankruptcy | Option (07/10/2001) (ENA contract no. 616996.01) | AIG will calculate amount due
 | Akamai Technologies, Inc. |  | EBS |  | 2001-12-03 00:00:00 | sect. 5.1(iv) and (vii) | Confirmation IP Transit Agreement (12/27/2000) | Akamai will calculate amount due
 | AmeriGas |  | ENA |  | *(12/04/2001) | failure to provide LC | Contract No. T-2001-1135 | 11/28/2001 transaction is null and void
 | Apache Crude Oil Marketing, Inc. |  | ERAC |  | 2001-11-29 00:00:00 |  | Nov. 2001 Crude Oil Sales | [NAME] (ERAC) and [NAME] (Apache) agreed to cancel the contract
 | Aquila Energy Marketing Corporation |  | EES |  | 12/03/2001? | sect. 4.2 | Enfolio Master Firm Purchase/Sale Agreement (05/01/2001) | [NAME] has exercised its right to terminate and liquidate all transactions
Y | Aquila Energy Marketing Corporation |  | ENA |  | 2001-12-05 00:00:00 | sect. 4 event of default | SO2 Emission Allowance Purchase & Sale confirmations (EOL 2197527 & 879891.02) | [NAME] has exercised its right to terminate and liquidate all transactions
Y | Aquila Energy Marketing Corporation |  | Enron Gas Liquids, Inc. |  | 2001-12-05 00:00:00 | sect. 19 | Sale, Purchase and/or Exchange Agreement GTC's (transactions attached) | [NAME] has exercised its right to terminate and liquidate all transactions
 | [NAME], Inc. |  | ENA | $780,369.33 due ENA | 2001-11-29 00:00:00 | event of default | [NAME] and Purchase Agreements | Arch has calculated amount due and will wire transfer to ENA
 | Bank of America, N.A. |  | Enron Credit Limited | 5229617 | 2001-12-04 00:00:00 | bankruptcy | ISDA (09/22/2000) | requesting amount due from Enron Corp., as Guarantor
Y | Carolina Power and Light |  | ENA |  | 2001-12-04 00:00:00 | event of default | GISB (10/01/1999) | termination, including any transactions that were previously suspended
 | Cincinnati Gas & Electric Company |  | ENA |  |  | failure to deliver coal, bankruptcy | Coal Supply Agreement (01/01/2000) | If ENA fails to perform by 12/10, CG&EC will exercise its rights
Y | Cleco Marketing & Trading LLC |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | "Spot" GTC's (08/10/1999)
Y | Cleco Marketing & Trading LLC |  | ENA |  | 2001-12-06 00:00:00 | bankruptcy | Financial Confirmations ([NAME] ?)
Y | Cleco Marketing & Trading LLC |  | EPMI |  | 2001-12-06 00:00:00 | bankruptcy | GTC's - Physically Settled Power (08/10/1999)
Y | Cleco Power LLC |  | ENA |  | 2001-12-03 00:00:00 | bankruptcy | Base Contract for Short-Term Sale and Purchase of Natural Gas (01/01/1998)
Y | CMS Continental Natural Gas (a trade name for CMS Field Services, Inc.) |  | ENA |  | 2001-12-03 00:00:00 | bankruptcy | SPS01-58 (09/13/2001) and SPS01-59 (09/17/2001) | CMS will neither make or accept an nominations or deliveries of NGL's and will withhold any payments
Y | CMS Field Services, Inc. |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | Enfolio "GTC's" | automatically terminated on bankruptcy filing, CMS will calculate damages
Y | CMS Field Services, Inc. |  | ENA |  | 2001-12-06 00:00:00 | bankruptcy | Swap Transactions "GTC's" | CMS will calculate damages
 | Coastal States Trading Inc. |  | ERAC |  | 2001-12-05 00:00:00 | failure to perform, failure to provide assurance | crude oil contracts | Coastal will calculate Settlement Amount
 | Columbia Gas of Ohio |  | EES |  | 2001-12-07 00:00:00 | failure to delivery | Aggregation Agreement Associated with the Traditional Gas Transportation Program (08/16/2001) | if EES does not deliver sufficient supplies, Columbia will meet the needs of its customers through another supplier
Y | Coral Energy Canada Inc. |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | Master Firm Purchase/Sale Agreement (01/01/2000) | Coral will calculate amounts due
 | E.I. DuPont de Nemours and Company |  | Enron Petrochemicals Company |  | 2001-12-31 00:00:00 | contract terminates on 12/31/2001 | Purchase Agreement [NAME] (01/26/1999) and [NAME] (11/06/2001) | Enron terminated 01/26/99 deal, no agreement for delivery of distillage to Enron beyond 12/31/2001 (date contract terminates)
 | Ecofuel S.p.A. |  | Enron Clean Fuels Company |  | 2001-11-29 00:00:00 |  | Enron Contract No. Y89581.1 | As agreed between [NAME] and [NAME] on 11/28, contract is canceled
 | Ecopetrol (Empresa Colombiana de Petroleos) |  | Enron Capital & Trade Global Resources Corporation |  | 2001-12-01 00:00:00 | insolvency, failure to provide performance assurance | 2001-10-25 00:00:00 | if adequate assurance not received by 11 pm on 12/01, contract is deemed to be terminated
 | Energy Service Providers L.L.P. |  | Enron Gas Liquids, Inc. |  | 2001-12-04 00:00:00 | failure to deliver product | Contract Nos. Y73164.1 and Y73223.1
Y | Enline Energy Solutions, L.L.C. |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | Enfolio Firm Confirmation (07/11/2001); Enfolio "Spot" Confirmation (10/30/2001 and (11/28/2001) | Enline will calculate amounts due
 | ExxonMobil Gas Marketing Company |  | Enron Gas Liquids, Inc. |  | 2002-01-01 00:00:00 |  | ExxonMobil Contract No. EGL233
 | First Date Merchant Services |  | EEOS |  | 2001-11-30 00:00:00 | Section 3.1(b) | Service Agreement | Terminate immediately
Y | First Union National Bank |  | ENA |  | 2001-12-05 00:00:00 | Section(a)(vii) Event of Default and Section 6(a) | Master Agreement/ Credit Default Swap | First Union will calculate termination
Y | Florida Power Corporation |  | ENA |  | 2001-12-04 00:00:00 | Event of Defualt | GISB
 | Gen Re Securities Limited |  | Enron Credit Limited | 1400819 | 2001-12-04 00:00:00 | Event of Defualt | Master Agreement | Calculated Termination Payment
Y | General Re Financial Products Corporation |  | ENA | $43,115,000 prior to cash collateral held | 2001-12-03 00:00:00 | Event of Defualt | ISDA Master Agreement (2/1/94) | Calculated Termination Payment unpaid balance is accruing interest
 | Genesis Crude Oil |  | ENA |  | 2001-11-30 00:00:00 | Mutual Agreement | Gensis Contract 9254 and 9255 | Attached Crude Oil Cancellation Agreement
 | Goldman Sachs International |  | ECT Investments |  | 2001-12-03 00:00:00 | Insolvency | Overseas Securities Lender Agreement
 | Goldman Sachs International |  | ENA |  | 2001-12-03 00:00:00 | Insolvency | Credit Agreement
 | Houston Pipe Line Company |  | EGLI |  | 2001-12-03 00:00:00 | bankruptcy | Confirmations | HPL will provide settlement amount of forward contracts
 | HSBC Bank, USA |  | EES |  | 2001-12-03 00:00:00 | bankruptcy | Master Agreement | HSBC will calculate termination payment
 | [NAME], Inc |  | ENA |  | 2001-12-05 00:00:00 | bankruptcy | [NAME] and Purchase Agreement | requests adequate assurances
 | Koch Hydorcarbon Company |  | EGLI |  | 2001-12-07 00:00:00 | bankruptcy | Confirmations | [NAME] will calculate termination payment
 | Koch Hydorcarbon Company |  | ENA |  | 2001-12-04 00:00:00 | bankruptcy | Confirmations | [NAME] will calculate termination payment
 | Koch Petroleom Group LP |  | ERAC | Teppco Payment $241,800 | 2001-12-05 00:00:00 | bankruptcy | Confirmations
 | Koch Petroleom Group LP |  | ERAC | [NAME] Receipt $1,325,250 | 2001-12-05 00:00:00 | bankruptcy | Confirmations
 | Koch Petroleom Group LP |  | ERAC | [NAME] Receipt $1,215,200 | 2001-12-05 00:00:00 | bankruptcy | Confirmations
 | Lepta Shipping Co., Ltd. |  | ECTRIC |  | 2001-12-07 00:00:00 | Event of Default | Charterparty (09/11/2001) - Hull No. 432 | should be previous ltrs dated 11/30 & 12/05, have been unable to resolve Event of Default within 5 days of occurrence
 | Level 3 Communications LLC |  | EBS | 4421250.12 | 2001-12-30 00:00:00 | payment failure | Colocation Agreement | Enron includes Enron Communication, Inc
 | Level 3 Communications LLC |  | EBS | 6194664.02 | 2001-12-30 00:00:00 | payment failure | IRU Agreement | Enron includes Fiber Systems LP
Y | MidAmerican Energy Company |  | ENA |  | 2001-12-07 00:00:00 | sect. 10 | GISB (06/06/1997) | MidAmerican is calculating amount due
 | MidAmerican Energy Company |  | ENA |  | 2001-12-03 00:00:00 | nothing specified | Master Agreement (11/25/96) | MidAmerican is calculating gain, loss & costs
 | Morgan Stanley Capital Group, Inc |  | EGLI |  | 2001-12-03 00:00:00 | Event of Defualt | Confirmations
 | Morgan Stanley Capital Group, Inc |  | EGLI |  | 2001-11-30 00:00:00 | failure to deliver product | Confirmations
Y | Nexen Marketing |  | ENA |  | 2001-12-04 00:00:00 | failure to provide assurances, events of default | ISDA (11/17/98) | If failure to provide performance assurance is found to be ineffective, 12/4 will be term. Date
 | Nexen Petroleum Sales USA, Inc |  | ERAC |  | 2001-11-30 00:00:00 | Mutual Agreement |  | referencing phone call between ERAC, Nexen and Equiva
 | NJR Energy Corporation |  | ERMS |  | 2001-12-02 00:00:00 | bankruptcy, insolvency | Limited Master Agreement (8/25/94) | NJR will notify Enron of calculations
Y | North Carolina Natural Gas Corporation |  | ENA |  | 2001-12-04 00:00:00 | Event of Defualt | GISB
 | Pinnacle West Capital Corporation |  | EPMI |  | 2001-12-04 00:00:00 | failure to provide assurances, bankruptcy | WSPP Agreement
 | Port Townsend Paper Corporation |  | ENA | 658000 | 2001-12-23 00:00:00 | section 3 of Annex A | deals: [NAME] and VL6685.1.2 | Will hold back Dec payment of $108,000 as a set-off.
Y | Public Service Company of New Mexico |  | ENA |  | 2001-12-07 00:00:00 | bankruptcy | Gas Purchase contract (881205) dated (11/1/01) | PNM will calculate termination payment
Y | Select Energy New York |  | ENA |  | 2001-12-06 00:00:00 | bankruptcy | base contract (12/1/96)
Y | Select Energy New York |  | EPMI |  | 2001-12-02 00:00:00 | bankruptcy | Master Energy Purchase and Sale Agreement (6/23/97)
 | Shell Trading (US) Company |  | ERAC |  | 2001-11-29 00:00:00 | nothing specified | ITHP55/ITHP54 - 10/15/01
 | Societe Generale |  | ECTRIC | $1,964,364 due to Enron | 2001-11-29 00:00:00 | cross default | ISDA (05/27/1999) | should be calculation attached but is not
 | Tauber Oil Company |  | EGLI |  | 2001-11-30 00:00:00 | failure to deliver product | deal: YK9911.1
 | [NAME] |  | ERAC |  | 2001-11-29 00:00:00 | failure to provide advance payment or security. | Texon contract CST3687
 | Trafigura AG |  | EGLI |  | 2001-12-03 00:00:00 | failure to provide adequate assurances | GTC | Assurances or prepayment not received by 12/3 will result in termination.
 | TXU Energy Trading Company |  | EPMI |  |  | non-performance | Master Energy Purchase and Sale Agreement (4/1/98) | will calculate damages and bill at end of current month flow.  Not a termination, only notice of nonperformance.
 | Valero Marketing and Supply Company |  | EGLI |  | 2001-11-30 00:00:00 | section 7 - failure to provide assurances | Valero sales contract 40016403
 | Vitol S.A., Inc. |  | EGLI | $189,262.50 due Enron | 2001-12-03 00:00:00 | breach of contract, failure to provide assurances | Vitol Contracts: 332617.2, 337623.0, 333630.0
 | Vitol S.A., Inc. |  | Enron Clean Fuels | $120,840 to Enron | 2001-11-30 00:00:00 | ? | Multiple methanol contracts | Vitol will pay Enron $120,840.  Contracts were cancelled per agreement between Vitalli / Grigsby
 | Westpac Banking Corporatin |  | Enron Australia Finance |  | 2001-12-07 00:00:00 | bankruptcy, events of default | ISDA (5/9/00) | Will provide notice of payment due.  Governed under laws of New South Wales.
 | Weyerhaeuser Company Limited |  | ECC |  | 2001-12-06 00:00:00 | Insolvency | Swap Agreements NC7970.1
 | Weyerhaeuser Canada Limited |  | ECC |  | 2001-12-04 00:00:00 | Insolvency | Swap Agreements NC4164.1
 | Weyerhaeuser Sasktchewan Limited |  | ECC |  | 2001-12-03 00:00:00 | Insolvency | Swap Agreements NP4129.1/ V811134.1
Y | WPS Energy  Services |  | ENA |  | 2001-12-05 00:00:00 | bankruptcy | Enfolio Spot
Y | WPS Energy  Services |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | Firm GTC
Y | WPS Energy  Services |  | ENA |  | 2001-12-05 00:00:00 | bankruptcy | GRC- Financial Notice Of Termication
Y | WPS Energy  Services |  | ENA |  | 2001-12-05 00:00:00 | bankruptcy | ISDA (8/30/99)
Y | WPS Energy  Services |  | EPMI |  | 2001-12-05 00:00:00 | bankruptcy | Master Agreement (10/1/98)