Spreadsheet: sally_beck__34328__Letter Log 12-14
Sheet: Termination

 | Events of Default/Termination
 | As of December 14, 2001
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)
Y | AES NewEnergy, Inc. |  | ENA |  | 2001-12-18 00:00:00 | bankruptcy | financial confirmations (schedule attached)
 | BMC Software, Inc. |  | EBS |  | 2001-11-29 00:00:00 | sect. 10.7 | Master Services Agreement (03/01/2001) | no termination payment due
 | BMC Software, Inc. |  | EBS |  | 2001-11-30 00:00:00 | sect. 10.7 | Master Services Agreement (07/01/2001) | no termination payment due
 | Citibank, N.A. |  | Enron Coal Services Limited | 3530 | *(12/13/2001) | ? failure to make payment due ? | Foreign Exchange Agreement (11/28/2001)
Y | Highland Energy Company |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | Enfolio Firm GTCs | received a fax to approve a confirmation on 12/10 and will not approve the confirmation
Y | Houston Exploration Company, The |  | ENA |  | 2001-12-14 00:00:00 | bankruptcy | ISDA (08/22/1994)
Y | J.G. Cody & Son ([NAME]) |  | ENA |  | 2001-12-08 00:00:00 | failure to provide performance assurance | Contract No. 96030169 - 801808 (originally with Columbia Energy Services) | if performance assurance not received within 48 hours of 12/06, contract is immediately canceled
 | [NAME] |  | Enron Natural Gas Marketing Corp. |  |  |  | Margin Agreement (06/28/1999) | [NAME] is exercising right to set off and apply the amount of $7,976,783 delivered under the Margin Agreement against Enron's obligation to pay $2,464,844 under the Natural Gas Inventory Forward Sale Contract (12/18/1997) and $5,511,939 under the Crude Oil Inventory Forward Sale Contract (12/01/1998)
Y | Mieco Inc. |  | ENA |  | 2001-12-13 00:00:00 | bankruptcy | ISDA (02/01/2000) | will exercise rights of setoff | 3000000
 | Navios Corporation |  | ECTRIC |  | 2001-12-19 00:00:00 | failure to make payment | Forward Freight Agreements (swaps) | Navios will calculate settlement amount
Y | Northern Natural Gas Company |  | RMT |  | 2001-12-14 00:00:00 | bankruptcy | ISDA (11/27/2000) | Northern will calculate amount due
Y | Pauley, [NAME] |  | ENA |  | 2001-12-06 00:00:00 | failure to provide performance assurance | Contract No. 96030041 (originally with Columbia Energy Services) | payment still due for Oct. and Nov. gas delivered to ENA
Y | Poling, [NAME] |  | ENA |  | 2001-01-07 00:00:00 |  | ? | gives 30 day notice as of 12/07 to stop production of nat gas
Y | PPL EnergyPlus, LLC |  | ENA |  | 12/14/2001 for Base Contracts; 12/02/2001 for Enfolio | bankruptcy | Base Contract for Short-Term Sale and Purchase of Natural Gas (06/15/1998); Base Contract for Short-Term Sale and Purchase of Natural Gas (06/01/1999); Enfolio Firm Confirmation (10/03/2000) | Pursuant to sect. 3 of the Enfolio GTCs, terminates automatically on occurrence of triggering event
Research | Rising Star Energy, L.L.C. |  | ENA | 114947.41 | 2001-12-13 00:00:00 | bankruptcy | confirmation nos. QO6792.1/2 and QR2709.1/2 | requests return of 2 LCs being held by ENA
Y | RWE Trading GmbH |  | ENA | 466500 | 2001-12-03 00:00:00 | bankruptcy | financial confirmations
Y | Sapient Energy Corp. |  | ENA |  | 2001-12-13 00:00:00 | insolvency | Master Agreement (financial) (07/27/1999) | Sapient exercising rights of setoff and requests return of all collateral held by ENA
Research | SG Interests V, Ltd. |  | ENA | 178107.5 | 2001-12-10 00:00:00 | bankruptcy | Swap, Deal No. Q94001.1
Research | SG Interests V, Ltd. |  | ENA | 241560 | 2001-12-10 00:00:00 | bankruptcy | Swap, Deal No. QB2863.1
 | Simplot Canada Limited |  | ECC |  | 2001-12-14 00:00:00 | ECC reorganization and liquidation proceedings | swap confirmations (09/22/1999, 06/12/2000, [NAME], 01/03/2001) | Simplot will calculate amount due
Y | Stoneville Aegean Limited |  | ENA | 16097089 | 2001-11-30 00:00:00 | sect. 5.01(d) | Natural Gas Forward Sale Agreement (12/29/2000) | amount calculated is termination payment less cash collateral and interest on such collateral
 | Suncor Energy Inc. |  | ECC |  | 2001-12-31 00:00:00 | sect. 18.4 (ECC has materially reduced its involvement in the nat gas business | Wholesale Natural Gas Services Agreement (01/01/1997) | Suncor will calculate amounts due and exercising rights of setoff
Research | Swiss Re Financial Products Corporation |  | Kstar VPP LP | $698,107.72 due to Kstar | 2002-01-30 00:00:00 | sect. 3.2 of transaction agreement dated [NAME] | ISDA (07/31/2001)
 | Trafigura Derivatives Limited |  | ECTRIC |  | 2001-12-17 00:00:00 | nonpayment, insolvency, inability to pay debts | EOL and offline confirmations (schedule attached) | Trafigura will calculate amounts due and exercise rights of setoff
 | Trammochem |  | Enron Clean Fuels Company |  | 2001-12-10 00:00:00 | inability to meet obligations under contracts | ECFC Contract Nos. VV3130.1, VV3030.1, YG7240.1, YG9963.1, YH0167.1
Y | Transwestern Pipeline Company |  | RMT |  | 2001-12-14 00:00:00 | failure to pay or deliver, bankruptcy | ISDA (03/31/1997) | Transwestern will calculate amount due
Y | TXU Electric Company |  | EPMI |  | 2001-12-13 00:00:00 | failure to provide performance assurance, bankruptcy | Master Power Purchase and Sale Agreement ([NAME]) | TXU will calculate settlement amount