Spreadsheet: louise_kitchen__22715__MASTER ISSUES_MSTONES_OPSVIEW-2-04-02
Sheet: Closed Issues

 |  | BUSINESS/  [NAME] | ISSUE   NO. | DATE | ISSUE | ACTION REQUIRED/TAKEN | RESPONSIBILITY | TARGET/  COMPLETION DATE | COMMENT | STATUS
1 |  | Legal | [NAME] | 2002-01-17 00:00:00 | Is appropriate expertise available to run the business? | Yes, Both Front and Back Office personnel are being hired.  The Business is similar enough to our current Trading Business and are complementary to those risks | [NAME] |  |  | Closed
1 |  | Legal | L6 | 2002-01-17 00:00:00 | Are there any hazards of Physical Settlement? | No, physical settlement is not taken by Enron. In the event of a "fail to receive" no delivery is made | [NAME] |  |  | Closed
1 |  | Legal | L8 | 2002-01-17 00:00:00 | Are there any CFTC regulations similar to SEC 15a-6? | None | [NAME] |  |  | Closed
1 |  | Legal | L11 | 2002-01-17 00:00:00 | Are there any private Clients? | None | [NAME] |  |  | Closed
2 |  | HR | HR01 | 2002-01-18 00:00:00 | In order to meet the Business requirements of an -Effective date of hire 2/1/02 and payroll 2/15/02, no further slippage of the current schedule can occur without jeopardizing the 2/15 /02 payroll. | NOT AN ISSUE AS THE CLOSE DATE WILL NOT BE UNTIL 2/05/02 AT THE EARLIEST.Business, HR, IT and FCD will all need to deliver on the current schedule | HR/IT/Business/FCD |  | A "dirty" payroll could be used as a last resort but no deductions would occur for this cycle | Closed
3 |  | IT | IT01 | 2002-01-17 00:00:00 | Get offers made to staff | Offers made | [NAME] |  |  | Closed
3 |  | IT | IT07 | 2002-01-17 00:00:00 | Confirm email addresses as ubswenergy.com | Email address confirmed as ubswenergy.com | [NAME] |  |  | Closed
 |  | IT | IT05 | 2002-01-17 00:00:00 | Write Branding paper to determine website name | website name defined as UBSWenergy.com | Ursula | 2002-01-16 00:00:00 |  | Closed
 |  | IT | IT06 | 2002-01-17 00:00:00 | Confirm home page url separate from the trading platform | confirmed | [NAME] |  |  | Closed
 |  | IT | IT14 | 2002-01-17 00:00:00 | Known power problem at Ardmore - single line to the room. |  | IT/CRE |  |  | Closed
 |  | IT | IT15 | 2002-01-17 00:00:00 | Are phones working well? |  | IT | 2002-01-17 00:00:00 |  | Closed
 |  | IT | IT16 | 2002-01-17 00:00:00 | Change screen saver on NT workstations to UBS and put UBS disclaimers and legal notices on them. |  | [NAME] |  |  | Closed
 |  | IT | IT23 | 2002-01-17 00:00:00 | Assign a program manager to help [NAME] with status. |  | IT | 2002-01-16 00:00:00 |  | Closed
 |  | FCD | FCD04 | 2002-01-18 00:00:00 | Branding decision needs to be made by sr. management for FCD. | Determined to be UBS Warburg Energy LLC,  internet site UBSWenergy.com |  |  |  | Closed
 |  |  | Legal | [NAME] | 2002-01-17 00:00:00 | Which Risk Systems will be used? | Both Credit and Market Risk Ernon systems will be used to start, and then feed our systems. Further detail required from [NAME] and [NAME] | [NAME]
7 |  |  | FCD | FCD01 | Need to certify the VAR model with the EBK. |  | Legal
1 |  |  | Legal | L01 | Where will the booking location be for the Business?  Procedures TBD | Agreed on London Branch as the US Broker Deal is not legally authorized to transact this Business.  SLAs need to be determined.  General concept is that London agrees that the subsidiary acts as marketing agent on their behalf within specific VaR paramete | [NAME]
1 |  |  | Legal | [NAME] | How will Confirmations to clients be handled? | A high volume of confirmations are expected.  Enron systems can handle. The confirm will need to include: the US entity would be acting as agent for the London Branch | [NAME]
1 |  | Legal | L07 | 2002-01-17 00:00:00 | How does Canada fit in the equation? | We will need to book the trades in the Canadian Subsidiary then Novate to the London Branch.  This will need to be part of the Customer Master Agreement and part of a master agreement between the two locations | [NAME]