Enron Mail

From:tana.jones@enron.com
To:marilyn.colbert@enron.com, bernice.rodriguez@enron.com,stephanie.sever@enron.com, tom.moran@enron.com
Subject:Koch Industries, Inc./Koch Hydrocarbon Company Division
Cc:mary.cook@enron.com, debbie.brackett@enron.com, bill.hare@enron.com,larry.hunter@enron.com, tanya.rohauer@enron.com
Bcc:mary.cook@enron.com, debbie.brackett@enron.com, bill.hare@enron.com,larry.hunter@enron.com, tanya.rohauer@enron.com
Date:Fri, 1 Jun 2001 11:55:00 -0700 (PDT)

Debbie Brackett and I met this week and reviewed the various Koch Hydrocarbon
Company Divisions and have developed the following game plan to resolve the
division issue with respect to this counterparty:

The following entities exist in GCP:

1. Koch Hydrocarbon Co. (GCP #36680): We would like this entity to remain
OPEN and to be renamed "Koch Industries, Inc., acting through its Koch
Hydrocarbon Company Division".
2. Koch Hydrocarbon Company (GCP #57853): We would like all future trading
with this entity SUSPENDED. There appears to be one trade under this entity
and this trade should me moved to GCP 36680.
3. Koch Hydrocarbons Inc. (GCP #26197): We would like all future trading
with this entity SUSPENDED. There appear to be no trades under this entity.

With respect to the current financial trading being done by Koch Industries,
Inc. (GCP #126) (not under a master agreement), I spoke to the Legal
Department at Koch and we will be entering into a side letter agreement with
Koch that will put all financial trades done by Koch Industries, Inc. under
the existing ISDA Master Agreement we have with Koch Industries, Inc. acting
through its Koch Hydrocarbon Company Division. I will let you all know when
such side letter agreement has been executed.

As soon as GCP #36680 has been renamed we can re-submit them to EnronOnline
and open them up for trading.