Re: new deal!!

That is not right, even if it is A-, we still need credit langauge. We do
not need credit language if we are putting in a Master Sales Agreement. I
thought Stacy used the Master Firm Sales contract.

I will send up a credit worksheet for this counterparty.
Russell

Dan J Hyvl
10/10/2000 07:54 AM
To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: new deal!!

We need to do a master purchase sale agreement because we would be buying
back any quantities they obligated themselves to buy but failed to buy. I
did not know that we still used the single purpose sale agreement or that we
had an approved form for such. Do I understand you that since they are A-
rated we need no credit language in the master and no triggering events.
Please confirm!!!!!

Russell Diamond
10/10/2000 07:44 AM

To: Dan J Hyvl/HOU/ECT@ECT
cc:
Subject: Re: new deal!!

We are only selling gas to them, the credit is rated A- by S&P, do you need a
Master Firm Purchase Sale Agreement, or just a Master Firm Sale Agreement.
Let me know if you still need a credit worksheet.

Russell

Dan J Hyvl
10/09/2000 01:04 PM
To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: new deal!!

Russell,
Have you prepared a credit sheet for this? If not, when?
----- Forwarded by Dan J Hyvl/HOU/ECT on 10/09/2000 01:03 PM -----

Lee L Papayoti
10/06/2000 02:04 PM

To: Dan J Hyvl/HOU/ECT@ECT
cc:
Subject: new deal!!

Dan

I need help on "Englehard Corporation" .... just did the one year deal
described herein:

We'll need a new Enfolio and T.A. or C.L. .... Russell Diamond in credit said
OK.

Thanks

Lee