Spreadsheet: diana_scholtes__8617__Letter Log 12-20
Sheet: Termination

 | Events of Default/Termination
 | As of December 20, 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)
 | Ameriwood Industries |  | EES |  | 2002-01-01 00:00:00 | bankruptcy | Industrial Master Firm Sales Agreement 11/01/1999)
 | Bankers Trust Company (Deutsche Bank) | Simons | ECTRIC | 57370 | 2001-12-18 00:00:00 | failure to make payments | financial confirms dated 05/31/2000, 06/27/2000, and 07/17/2000
Y | Bravo Natural Resources, Inc. |  | ENA |  | 2001-12-20 00:00:00 | bankruptcy | ISDA (12/22/1999) | Bravo exercising rights of setoff
Y | Denbury Resources Inc. |  | ENA | 35186778 | 2001-12-19 00:00:00 | GTC's sect. 3(a), (d) and (f) | contract nos. V98908.1, V98908.2, Q59770.1, and Q59763.4 | 12/20 ltr calculates amount due
 | Deutsche Bank AG, London Branch | Simons | ECTRIC | 1435685 | 2001-12-18 00:00:00 | failure to make payments | financial confirms dated 08/31/2001, 08/09/2001, 08/09/2001, 05/16/2001, 09/28/2001, 12/05/2000, [NAME], [NAME], 10/17/2001
Y | Dominion Field Services, Inc. |  | ENA | 657068 | 2001-12-02 00:00:00 | art. 4.2(iv) | Enfolio Master Firm Purchase/Sale Agreement (09/01/1999)
Y | Eastern New Mexico Natural Gas Association, Inc. |  | ENA |  | 2001-12-21 00:00:00 | failure to deliver, bankruptcy | Purchase/Sale Agreement and Transaction Agreement | Association is calculating amount due
Y | Florida Public Utilities Company |  | ENA |  | 2001-12-19 00:00:00 | failure to deliver, bankruptcy | deal no. QZ1238/692199
Y | Goldman Sachs International |  | ECT Investments, Inc. |  | 2001-12-03 00:00:00 | bankruptcy | Credit Agreement (03/24/2000)
Y | Goldman Sachs International |  | ENA |  | 2001-12-03 00:00:00 | insolvency | Overseas Securities Lender's Agreement (03/24/2000)
 | Keyspan Gas East Corporation d/b/a KeySpan Energy Delivery Long Island |  | Enron Power Services, Inc. |  | 2001-12-30 00:00:00 | triggering event | Master Purchase/Sale Agreement (09/01/1993) | per [NAME], agreement will be terminated on 12/30 unless ENA cures triggering event
Y | Metropolitan Atlanta Rapid Transit Authority |  | ENA |  | 2001-12-21 00:00:00 | bankruptcy | ISDA (05/11/2001) | MARTA has never returned executed ISDA, but there is an outstanding confirm (Sara - resend or send executed ISDA)
Y | OGE Energy Resources, Inc. |  | EPMI | $335,078.01 due to Enron (paid on 12/10) | 2001-12-02 00:00:00 | bankruptcy | Master Energy Purchase & Sale Agreement (03/26/1998) | OGE - agreement terminated automatically on bankruptcy, wired funds to EPMI on 12/10 and receipt was confirmed by Citibank
Y | Oglethorpe Power Corporation |  | EPMI |  | 2001-12-20 00:00:00 | bankruptcy | confirm dated 10/05/2001 (transaction dated 09/19/2001 ?) | if Oglethorpe does not receive adequate assurance by 5 pm on 12/20, agreement is terminated
Y | Old Dominion Electric Cooperative |  | EMPI |  | 2002-01-10 00:00:00 | failure to deliver, bankruptcy | Master Power Purchase and Sale Agreement (05/09/2001) | ODEC is calculating amount due
Y | Public Utility District No. 1 of Chelan County |  | EPMI |  | 2001-12-19 00:00:00 | failure to deliver | power purchase agreement (06/13/2001) | Chelan will no longer accept any deliveries, will pay for energy delivered before the termination when an invoice is received from EPMI
Y | Samson Investment Company |  | ENA | 3998202 | 2001-12-21 00:00:00 | bankruptcy | Financial Confirms - Deal Nos. [NAME] (11/29/2000), NR9110.2/3 (07/21/2000), NS4442.1 (07/26/2000), NS7844.2/3 (07/27/2000), [NAME] (07/27/2000), Y30389.1 (09/14/2001), Y30391.1 (09/14/2001), and [NAME] (10/03/2001) | Samson will calculate amounts due
Y | Southern California Gas Company |  | ENA |  | 2001-12-17 00:00:00 | bankruptcy | all derivative transactions | previously terminated option transactions
Y | Southern Company Services, Inc., as agent for Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company, Savannah Electric and Power Company |  | ENA |  | 2001-12-02 00:00:00 | MAC, failure to deliver | Gas Purchase Agreement (12/29/1999) | Southern will calculate amount due
Y | Southern Company Services, Inc., as agent for Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company, Savannah Electric and Power Company |  | EPMI |  | 2001-12-18 00:00:00 | failure to deliver, bankruptcy | Interchange Services Contract (09/25/1995), Market Based Rate Service Agreement (12/04/1996), Netting and Close Out Agreement (11/27/2001) | Southern will calculate amount due; bankruptcy is event of default in Netting Agreement
Y | Southern Illinois Power Cooperative |  | EPMI |  | 2001-12-20 00:00:00 | bankruptcy | Confirmation - Deal No. 793789.01 (09/27/2001) | SIPC will calculate amount due
Y | Toronto Dominion (Texas), Inc. |  | ENA | 149552240 | 2001-12-17 00:00:00 | bankruptcy | ISDA (12/18/1998) | Toronto Dominion has calculated amount due (attached schedule)
 | XL Trading Partners Ltd. | Simons | Enron Financial Energy Trading L.L.C. | $108,398 due to Enron | 2001-12-13 00:00:00 | event of default | confirm nos. 20011613-1 and 20011614-1 | should be 12/13 ltr establishing ET Date