RE: GTCs, Forms and Agreements

If there any drafts available before 3:00pm I would very much
approciate it if you could e-mail them to me so I can read them on the
flight. (Blacklines would be GREAT!). Otherswise if you could please
send the drafts to the St Regis.

Best regards,

Bryan

-----Original Message-----
From: Mark.Haedicke
Sent: Tuesday, January 29, 2002 7:20 PM
To: Mark.Taylor; Elizabeth.Sager; Jeffrey.T.Hodge; Carol.St.Clair;
Mary.Cook; William.S.Bradford; Peter.Keohane; James.D.Steffes;
David.Forster; Christopher.F.Calger; Rob.Milnthorp; Louise.Kitchen;
Steve.C.Hall; Christian.Yoder
Cc: Mark.Haedicke; Murtagh, Bryan
Subject: GTCs, Forms and Agreements

The goal is to finalize the GTCs and all significant trading forms and
receive UBS Warburg comments and sign-off by both legal and credit by
the end of business on Friday. To that end, Bryan Murtagh and Sanjev
[Credit] are coming down to Houston tomorrow evening for meetings in EB
38C2 starting at 9:00 am on Thursday and 1:00 pm on Friday. This
timing is important in the overall rollout plan. Peter Keohane is also
coming to Houston for the meetings to make parallel changes to the
Canadian forms.

Generally, the plan is to finish the Financial GTCs, the ISDA Schedule
and Collateral Support Agreement Paragraph 13 first on Thursday. Next,
we should go to the Physical Gas GTCs, the Enfolio Master and the
Adoption Agreement. Finally, we should proceed to the EEI Master and
Collateral Annex. Also, there should be a discussion of the WSPP and
any other Western related issues.

On a separate track, all gas transportation and related gas agreements
(most of which are non-negotiable) are being prepared by Suzanne
Calcagno, Jeff Hodge, Gerald Nemec and Angela Davis. These agreements
will also require sign-off by legal and credit. A discussion should be
scheduled on Thursday or Friday. On the power side, ERCOT issues
should be discussed, but otherwise the discussion of transmission
agreements etc. can wait until next week.

Please identify all critical path issues to achieve the above-stated
goal. Thanks in advance for all the hard work!

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