Re: Precedent Agreement and FTS-1 Agreement for ANR

Chris -

Does section 4(b)(i) indicate that if we fail to secure our management
approval within 45 days after ANR is executing the agreement, then the
agreement is terminated? If so, this looks like a "get out of jail free
card" for us. Can we get legal to verify this.?

Mitch

From: Chris Meyer @ ECT 06/13/2000 05:05 PM

To: Mitch Robinson/Corp/Enron@Enron, Jim Homco/HOU/ECT@ECT
cc: Gerald Nemec/HOU/ECT@ECT

Subject: Precedent Agreement and FTS-1 Agreement for ANR - Supply Link

Attached below are the two documents supporting Gleason's participation in
the Supply Link Expansion on ANR. Please review and comment ASAP. Could you
confirm the the required volume in the event we go C.C. Also, please note
the project and management out (June 2001) in Paragraph 4 of the Prescedent
Agreement.

I want to forward the proposed changes to ANR on Wednesday.

chris