Enron Mail

From:debra.perlingiere@enron.com
To:dan.hyvl@enron.com
Subject:Enron/NEGM GISB Contract
Cc:
Bcc:
Date:Mon, 5 Mar 2001 08:58:00 -0800 (PST)

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax 713-646-3490

----- Forwarded by Debra Perlingiere/HOU/ECT on 03/05/2001 05:03 PM -----

"Webb, Beth" <WebbB@dsmo.com<
03/05/2001 04:41 PM

To: "'dperlin@enron.com'" <dperlin@enron.com<
cc:
Subject: Enron/NEGM GISB Contract


Dear Debra:

Our proposed restatement of Section 13.10 is as follows:

"Enron recognizes that, when NEGM is acting as Buyer hereunder, NEGM is
purchasing gas on behalf of certain gas companies (the "Repurchasers") to
whom it immediately resells such gas at the Delivery Point(s). In addition
to any other circumstances for which NEGM is entitled to claim force majeure
pursuant to this Contarct, Enron agrees that NEGM as Buyer shall be entitled
to claim force majeure if a Repurchaser purchasing gas from NEGM is unable
to receive gas from NEGM because such Repurchaser has been affected by an
event of force majeure. The parties further agree that the term
"Transporter" when used in this Contract, including, but not limited to, in
Sections 4.1. and 11.1, shall include any company acting in the capacity of
a transporter for any Repurchaser and agree that Section 4.3 of the Contract
will apply to invoices from such Transporters for Imbalance Charges received
from such Transporters to the same extent as if such invoices were received
by NEGM, provided that any such Repurchaser scheduled and nominated the same
volumes as Enron and NEGM scheduled and nominated on behalf of such
Repurchaser at the Delivery Point(s)."

I look forward to hearing from you. Best regards, Beth Webb

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