RE: Master Agreement

Veronica, Duke has agreed to 5mm for their threshold I have sent a redline for their review.

Thanks!

-----Original Message-----
From: Espinoza, Veronica
Sent: Tuesday, September 25, 2001 10:30 AM
To: Perlingiere, Debra
Cc: Vanek, Darren; Williams, Jason R (Credit)
Subject: RE: Master Agreement

Debra--

The attached contract has reciprocal $10MM thresholds. I did not agree to that with the counteraparty when I spoke to them on Friday afternoon. I went ahead and only agreed to raise Duke's threshold to $5MM (and to keep ours at $10MM).

Please send a revised contract draft to the counterparty.

Thanks,

Veronica

-----Original Message-----
From: Perlingiere, Debra
Sent: Monday, September 24, 2001 5:28 PM
To: 'rmasciangelo@duke-energy.com'
Subject: Master Agreement

Robin, I have redlined changes to Thresholds in section 11. Please review and let me know. Thanks !!

<< File: Duke Energy Marketing LP-Canada.doc <<

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