RE: Draft AEP agreement (another)

Required CPs
==========
AEP must return $84.5mm of margin under new Master Netting threshold (Total exposure $129.6mm under $100mm line requires net $30mm posted by Enron, total margin posted $114,500,000)

AEP must make settlement of GBP6.7mm under GTMA between ECTRL and AEP Ltd. which was due 11/14/01

ENA to pay $14,153,688.78 to AEP Energy Services Inc. for HPL settlement (needs final execution by Koehler/Redmond)

-----Original Message-----
From: Sager, Elizabeth
Sent: Thursday, November 15, 2001 12:03 PM
To: Sager, Elizabeth; Bradford, William S.; Kitchen, Louise; St. Clair, Carol
Cc: Portz, David
Subject: RE: Draft AEP agreement (another)

Here is another incorporating recent ideas

<< File: Master Netting AEP 11-15.DOC <<

Elizabeth Sager
713-853-6349

-----Original Message-----
From: Sager, Elizabeth
Sent: Thursday, November 15, 2001 11:11 AM
To: Bradford, William S.; Kitchen, Louise; St. Clair, Carol
Cc: Portz, David
Subject: Draft AEP agreement (rough)

Rough first draft. I'll come down soon. Thanks << File: Master Netting AEP 11-15.DOC <<
Elizabeth Sager
713-853-6349