Re: Multi-Year Commitment to Rice University

I have received confirmation that Community Relations can contribute
$416,666.50 annually over the next three years toward this Rice University
commitment. Please let me know the details of when you would like the first
payment to be made, to whom the check needs to be made payable, etc. Thanks!

Regards,

Charla

Steven J Kean@EES
05/29/2000 07:17 AM
To: Charla Stuart/Corp/Enron@ENRON
cc:

Subject: Re: Multi-Year Commitment to Rice University

Thanks for the message.
The actual commitment is $5 million spread over three years beginning in
2000. The EBS deal covers about half of this but I don't think they are
contributing out of their budget. If Community Affairs can cover the amount
you set forth in your message, I will talk to Ken about covering the
remainder out of a general corporate budget.

Charla Stuart@ENRON
05/26/2000 04:07 PM
To: Steven J Kean/HOU/EES@EES
cc: Maureen McVicker/HOU/EES@EES, Cindy Olson/Corp/Enron@ENRON, Misha
Siegel/Corp/Enron@ENRON, Amy Lee/Corp/Enron@ENRON
Subject: Multi-Year Commitment to Rice University

Steve, spoke with Cindy and it is our understanding that the $2.5MM
commitment to Rice will be split between EBS and Community Relations and
spread over three years. This translates into a total annual Enron commitment
of $833,333, and an EBS and Community Relations annual commitment of
$416,666.50 each.

We are excited about our new partnership with Rice and the business
opportunities that this partnership brings to Enron. We would greatly
appreciate your clarifying two points: 1) Do we have the financial
parameters of the Enron commitment correct? 2) Is this commitment scheduled
to begin in 2000 or in 2001?

Please respond at your earliest convenience. Feel free to contact me at
X-36202 if you wish to discuss this further. I look forward to hearing from
you soon. Have a great Memorial Day holiday!

Regards,

Charla