Enron Mail

From:gregg.penman@enron.com
To:kay.mann@enron.com, dtucker@bracepatt.com
Subject:Schedules A & B
Cc:
Bcc:
Date:Thu, 24 Aug 2000 03:56:00 -0700 (PDT)

Hello - attached are copies of Schedule A (Enron MW) and Schedule B (Peoples
MW) to the MEH LLC Agreement. Peoples has included a few projects they are
working on that don't have existing agreements. Enron's list is much
shorter, 3 agreements to be exact. The third agreement is a storage deal
with Nicor that would technically be a permitted activity under the trading
exclusion. However, I believe we decided to include it, but we need to also
include the disclaimer language that inclusion on the Schedule does not imply
a restricted activity. I have asked Hunter Shively, Central Desk Director,
if he knows of any other "middle-market" deals that we should include and he
said no. I have also had our back office run the counterparties through our
trading systems to identify any term transactions that may currently be in
place. Other than the Nicor deal listed, there were only standard trading
buy/sells with Nicor in the system. Which brings up my last point, do we
need to disclose the existence of Master Purchase Agreements with a Covered
Gas Utility? Trading uses these Agreements for standard physical buy/sells.
Anything more complicated would be done under a separate agreement. The
Nicor deal was done under a separate agreement, not the existing Master. If
my vote counts, I say let's not include them. But, I defer to the experts.

Let me know your thoughts on the attached,

Thanks,

Gregg