Enron Mail

From:samantha.boyd@enron.com
To:tanya.rohauer@enron.com
Subject:RE: Assignment Agreement - National Westminster Bank plc
Cc:tana.jones@enron.com, legal <.taylor@enron.com<
Bcc:tana.jones@enron.com, legal <.taylor@enron.com<
Date:Wed, 31 Oct 2001 14:03:25 -0800 (PST)

I WILL MAKE THE CORRECTION.

Samantha M. Boyd
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803
Houston, Texas 77002
Ph: (713) 853-9188
Fax: (713) 646-3490

-----Original Message-----
From: =09Rohauer, Tanya =20
Sent:=09Wednesday, October 31, 2001 3:41 PM
To:=09Boyd, Samantha
Cc:=09Jones, Tana; Taylor, Mark E (Legal)
Subject:=09RE: Assignment Agreement - National Westminster Bank plc

Not quite... the transactions are assigned to RBS, but the document reads t=
hat RBS and ENA are deemed to have entered into an ISDA that replicates the=
1994 NWB/ENA ISDA. Thus no transactions are governed by the 1999 RBS ISDA=
and it should be terminated.

-----Original Message-----
From: =09Boyd, Samantha =20
Sent:=09Wednesday, October 31, 2001 3:34 PM
To:=09Adams, Laurel; Allen, Kimberly; Anderson, Diane; Bailey, Derek; Bell,=
Jean; Bell, Rebecca; Bowen, Bob; Brewer, Julie; Cason, Sharen; Cisneros, C=
eleste; Fischer, Jason; Garcia, Jorge A. ; Heaney, Gordon; Hundl, Kimberly;=
Murphy, Melissa Ann; Ornelas, Bianca; Piwetz, Stephanie; Rodriguez, Meliss=
a; Seib, Dianne; Theriot, Kim S.; Whalen, Melinda; Williams, Tiffany; Brack=
ett, Debbie R.; Bradford, William S.; Brown, Angela Y.; Campbell, Lesli; Co=
nwell, Wendy; Curry, Ken; Espinoza, Veronica; Gonzalez, Veronica; Johnson, =
Rudwell; Landry, Shemeika S.; Lebrocq, Wendi; Mendoza, Nidia; Monterrey, Ma=
ribel; Moran, Tom; Ngo, Tracy; North, Carol; Otto, Randy; Radous, Paul; Raj=
aram, Aparna; Rohauer, Tanya; Sacks, Edward; Sonnonstine, Max; Vanek, Darre=
n; Williams, Jason R (Credit); Campos, Anthony; Colbert, Marilyn; Crawford,=
Sharon; Ebow, Amber; Ellstrom, Diane; Gerard, Camille; Hare, Bill D.; John=
son, Cheryl; Lambert, Karen; Landau, Georgi; Lees, Lisa; Moore, Jason; Neun=
er, Dale; Reeves, Leslie; Richardson, Stacey; Rodriguez, Bernice; Schott, S=
amuel; Sever, Stephanie; Shivers, Lynn; Sietzema, Linda; Southard, Carrie; =
Bailey, Susan; Cook, Mary; Gray, Barbara N.; Heard, Marie; Hendry, Brent; J=
ones, Tana; Koehler, Anne C.; Leite, Francisco Pinto; Nelson, Cheryl; Panus=
, Stephanie; Sayre, Frank; Shackleton, Sara; St. Clair, Carol; Taylor, Mark=
E (Legal)
Subject:=09 Assignment Agreement - National Westminster Bank plc

We have received an executed Assignment Agreement dated as of October 9, 20=
01 among National Westminster Bank plc ("NWB"), The Royal Bank of Scotland =
plc ("RBS") and Enron North America Corp. ("ENA"). Effective as of Octobe=
r 26, 2001 (the "Commencement Date"), NWB assigned all of its right, title =
and interest in the transactions under the ISDA Master Agreement dated Janu=
ary 1, 1994 to RBS. All assigned transactions shall be governed by the ter=
ms and conditions under the ISDA Master Agreement between ENA and RBS dated=
December 10, 1999.

This Assignment Agreement also amends the notice provisions in the Schedule=
to the ISDA Master Agreement between ENA and RBS.=20


Copies will be distributed.

Samantha M. Boyd
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803
Houston, Texas 77002
Ph: (713) 853-9188
Fax: (713) 646-3490