Spreadsheet: diana_scholtes__8624__Letter Log 01-03
Sheet: Termination

 | Events of Default/Termination
 | As of January 3, 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
Y | B. & J. Gas & Oil |  | ENA |  | 2001-12-31 00:00:00 |  | Gas Contract No. 96079675-2
Y | Cargill-Alliant, LLC |  | EPMI |  | 2001-12-02 00:00:00 | event of default | Master Energy Purchase and Sale Agreement (12/01/1998) | per [NAME], terminated automatically on bankruptcy filing; Designated the earlier of 12/10 as ET Date or date automatic termination may apply under the agreement
Y | Carolina Power & Light Company |  | EPMI |  | 2001-11-30 00:00:00 | sect. 5.2 | EEI Master Power Purchase and Sale Agreement (05/02/2001)
Y | City of Burbank |  | EPMI |  | 2001-12-31 00:00:00 | bankruptcy | WSPP Agreement | Burbank will calculate termination payment; "Y" per [NAME]
Y | City of Redding |  | EPMI | $4,200,000 to EPMI (see comments) |  | cross default, misrepresentations | various power contracts | Redding is offering $4.2 mil. for full severance of all business relationships, offer expires 01/11/2002; "Y" per [NAME]
 | Conoco Canada Resources Limited |  | ECC |  | 2002-01-18 00:00:00 | bankruptcy | ISDA (09/06/1996)
Y | DTE Energy Trading, Inc. |  | EPMI |  | 2001-12-02 00:00:00 | sect. 4.1(vii), failure to make payment when due | Master Energy Purchase and Sale Agreement | Termination letter only addresses two transactions, but all terminated automatically on bankruptcy filing (D. Portz letter to DTE)
Y | Jefferson Smurfit Corporation |  | ENA | 604957.62 | 2002-01-25 00:00:00 | bankruptcy | ISDA (07/18/2000) | calculation attached
Y | Kennedy Gas & Oil |  | ENA |  | 01/2002 production period |  | contracts for meter nos. 3543801, 3008001, 3015901, 23234, 23478
Y | MidAmerican Energy Company |  | EPMI |  | 2002-01-04 00:00:00 | sect. 5.1 | Master Power Purchase and Sale Agreement (11/13/2001) | MidAmerican is calculating damages
Y | Midland Cogeneration Venture Limited Partnership |  | ENA |  | 2002-01-15 00:00:00 |  | Natural Gas Purchase Agreement (09/01/1990)
Y | NGTS LLC |  | ENA |  | 2001-12-13 00:00:00 | sect. 7 | Master Agreement (Industrial) (12/01/1997) | NGTS will calculate amount due; per [NAME], improper termination under "Event of Change"
Y | North Texas Gas Partners, Ltd. |  | ENA | $2,907.15 (waived) | 2001-12-26 00:00:00 | bankruptcy | ISDA (07/05/2000) | NTG is waiving payment of the $2,907.15 and considers the transactions settled and closed
Y | ONEOK Energy Marketing and Trading Company, L.P. |  | ENA |  | 2002-01-03 00:00:00 | bankruptcy | ISDA (04/09/1996)
Y | Pepco Gas Services, Inc. |  | ENA |  | 2001-12-02 00:00:00 | failure to deliver | natural gas transaction no. [NAME] (04/20/2001)
 | Plains Marketing, L.P. |  | ERAC |  | 2001-12-01 00:00:00 |  | Deal No. QG4482.2 (12/13/2000) | Plains - no outstanding obligations under the transaction
N | Red Rock Energy, L.L.C. |  | ENA |  | 2001-11-30 00:00:00 | failure to provide adequate assurance | Gas Purchase Agreement (10/01/1997) | Notice of breach, not terminated yet
Y | Reliant Energy Gas Transmission Company |  | ENA Upstream Company LLC |  | 2001-12-31 00:00:00 | sect. 2 | Interruptible Service Agreement No. 1002832 (04/01/2001) and Pooling Service Agreement No. 1002935 (10/01/2001)
Y | River Trading Company |  | ENA |  | 2002-01-02 00:00:00 | bankruptcy | Deal Nos. VP4954.1 (07/18/2001) and VR1990.1 (07/25/2001)
Y | TBG Cogen Partners |  | ENA |  | 2001-12-02 00:00:00 | bankruptcy | Enfolio Master Firm Purchase/Sale Agreement (11/01/2001) | TBG - automatically terminated on bankruptcy filing, are calculating damages
 | Teijin Limited |  | E-Power Holdings Corp., E-Power Kabushiki-kaisya, E-Power Matsuyama Limited |  | 12/05/2001 ? | sect. 3.2 | feasibility study for self-generating facilities (07/01/2001)
Y | Texaco Inc. |  | ENA |  | 2002-01-17 00:00:00 | bankruptcy | ISDA (04/09/1998)
Y | Toronto-Dominion Bank, The |  | ENA | $4,291,345 due to ENA | 2001-12-02 00:00:00 | bankruptcy | ISDA (03/04/1992) | amount due to ENA will be setoff against amounts owed under other agreements; see schedule attached to letter
Y | Union Spring Fund Ltd. |  | ENA |  | 2002-01-02 00:00:00 | default, bankruptcy | ISDA (04/20/2001) | Union Spring requests return of $100,000 Independent Amount and $500,000 Delivery Amount
Y | Vanguard Petroleum Corporation |  | ENA |  | 2001-12-31 00:00:00 | MAC, bankruptcy | ISDA (06/14/2001)
Y | Willow Bend Operating Company, Inc. |  | ENA |  | 2002-01-01 00:00:00 |  | gas purchase contracts (7 locations)