Re: El Paso

---------------------- Forwarded by Gerald Nemec/HOU/ECT on 01/25/2000 09:34
AM ---------------------------

From: Steve Van Hooser 01/25/2000 09:25 AM

To: Gerald Nemec
cc:
Subject: Re: El Paso

---------------------- Forwarded by Steve Van Hooser/HOU/ECT on 01/25/2000
09:24 AM ---------------------------
From: Steve Van Hooser on 01/25/2000 09:24 AM
To: "Randall Rich" <rrich@bracepatt.com< @ ENRON
cc: Barbara Gray
Subject: Re: El Paso

Randy,

I'd like to speak with you this morning. I'm having Gerald research Texas
law on: (i) failure of conditions precedent resulting in failure to form a
contract and (ii) breach of contract sufficient to afford termination as a
remedy for breach. Any help you can offer today in your shop on these 2
issues would be appreciated. Our guys want to issue a termination notice as
soon as possible. I want to know what common law of contract says before we
do.

Call me when you get a chance.

Steve