Re: United Fuels LOI

I revised the language in the "Description of Transaction" section and where
the fee is and just wanted to make sure you were Ok before I sent it to your
customer. I've already drafted my email, I just need your OK.

Daniel Diamond
03/14/01 05:23 PM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Re: United Fuels LOI

Tana,
Energy commodities is too broad. You are correct, please limit it to say
U.S. Crude and U.S. Refined Products.

Thanks,

Dan
---------------------- Forwarded by Daniel Diamond/HOU/ECT on 03/14/2001
05:21 PM ---------------------------
From: Tana Jones on 03/14/2001 05:20 PM
To: Bob Shults/HOU/ECT@ECT, Daniel Diamond/HOU/ECT@ECT
cc: Mark Greenberg/NA/Enron@ENRON
Subject: Re: United Fuels LOI

Attached is the proposed form of LOI. Please let me know if it meets with
your approval, and I will email it to the customer. I kept the language in
the term sheet in the back pretty broad as it references "energy
commodities". Your language re "US crude and products" wasn't clear to me.
Perhaps you meant US crude and crude derivative/refined products? Will
energy commodities work, or do want to limit it to crude products and charge
more for other products?

Bob Shults
03/14/01 04:55 PM

To: Tana Jones/HOU/ECT@ECT
cc: Mark Greenberg, Daniel.Diamond@enron.com
Subject: United Fuels LOI

I need to get a Broker Client LOI for United Fuels

Price: $250 K
Products: US Crude and Products
Term: 1 year

I need this yesterday as I promised and didn't get it to him ( I owe you big
time, how about an EnronOnline yo-yo to repay you). I know you are in Canada
so can you coordinate with Mark Greenberg. Please CC Dan Diamond on any
correspondence with United. Thanks
---------------------- Forwarded by Bob Shults/HOU/ECT on 03/14/2001 04:50 PM
---------------------------

From: Bob Shults
01/19/2001 04:58 PM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Broker Client NDA

Tana please send a NDA for the broker client to

Ken Zito
United Fuels International Inc.
35 Corporate Dr Suite 150
Burlington, MA 01803

kzito@unitedfuels.com

Thanks Tana