Enron Mail

From:mark.haedicke@enron.com
To:david.delainey@enron.com
Subject:Re: Signature authority
Cc:deb.korkmas@enron.com, julia.murray@enron.com
Bcc:deb.korkmas@enron.com, julia.murray@enron.com
Date:Wed, 11 Oct 2000 07:21:00 -0700 (PDT)

Dave:

This is for routine and "small" matters only. The resolutions are drafted so
that the signature authority is narrow and specific. Frequency is only one
factor. An example would be certain defined right-of-way agreements and
certain defined confirms. I will review the authority that has been
delegated currently. [Julia and Deb, please pull the existing resolutions
with delegation of authority and let's review.]



David W Delainey
10/09/2000 01:37 PM

To: Janet R Dietrich/HOU/ECT@ECT
cc: Mark E Haedicke/HOU/ECT@ECT
Subject: Re: Signature authority


Janet, I completely disagree with legals position. I have difficulty with
some of our VP's having signing authority. I believe this is a significant
control issue.

Mark, is this widespread in ENA?

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/09/2000
01:32 PM ---------------------------


Janet R Dietrich
10/09/2000 12:54 PM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: Signature authority


Well, I talked with legal about this and I understand that they can and do
give signature authority to directors on a relatively frequent basis. I gave
them the parameters for Ben to make it even easier. If they end up saying
it's a bigger issue than originally articulated, I'll continue with Ben as we
currently have it. Thanks.