RE: UBS Sign-Off on ERCOT Docs

Not controlling the agenda. Hopefully either Mark or Janette can arrange some time on Thursday and maybe gas on Friday?

Jim

-----Original Message-----
From: Gilbert-smith, Doug
Sent: Wednesday, January 30, 2002 12:21 PM
To: Steffes, James D.
Subject: RE: UBS Sign-Off on ERCOT Docs

can we make any ercot discussion tomorrow as I am out friday??

The retail stuff needs to be close behind the qse registration. we are putting a timeline together for it.

Thanks,

Doug

-----Original Message-----
From: Steffes, James D.
Sent: Wednesday, January 30, 2002 8:41 AM
To: Gilbert-smith, Doug; Day, Smith L.; Sager, Elizabeth; Portz, David
Cc: Will, Lloyd; Presto, Kevin M.; Bailey, Debra; Haedicke, Mark E.
Subject: UBS Sign-Off on ERCOT Docs

UBS Legal and UBS Credit is heading to Houston this Thursday and Friday. I have asked that ERCOT matters get 1 hour to discuss the necessary contracts that UBS will need to sign to participate in the ERCOT market.

Basically, my understanding is the following --

1. PUCT Registration Form for Power Marketer
2. ERCOT ISO Information
QSE
LSE
Wholesale Enabling Agreement
Other
3. APX Agreement?
4. Other

Given the list of issues, this assumes that UBSW Energy will not be selling electricity at retail. If we need this for Day 1, we would have to get an additional license from the PUCT.

Thanks,

Jim