Enron Mail

From:frank.vickers@enron.com
To:louise.kitchen@enron.com
Subject:How ya doing ?
Cc:
Bcc:
Date:Fri, 16 Nov 2001 11:53:03 -0800 (PST)

Louise, difficult week for all of us. I hope that you are doing alright given the circumstances.

I expect to have the fully executed documents back from TBG on Monday. We will be paying them approx. $1.8 million to settle Jan 1, 01 through Oct 01 and convert the agreement to a baseload transaction beginning Nov 1, 01. In addition it eliminates a $14mm liability. Payment will be made from combination of Schedule C and deferred account. Will then book between $700k and $1mm. As you are aware, John reviewed this situation several weeks ago and gave the go-ahead. I will contact you Monday prior to execution.


Frank