Enron Mail

From:elizabeth.sager@enron.com
To:christian.yoder@enron.com, jeffrey.hodge@enron.com, mark.haedicke@enron.com,david.portz@enron.com, leslie.hansen@enron.com, genia.fitzgerald@enron.com, lou.stoler@enron.com, tracy.ngo@enron.com, william.bradford@enron.com
Subject:EEI Update- Standardized Master Purchase and Sale Agreement and
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Date:Thu, 4 Nov 1999 01:45:00 -0800 (PST)

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Attached is the latest EEI contract for your review. If you have any changes
you think should be incorporated, please let me know before the the 16th of
November.

As you all are aware, I have been working with EEI to come up with the
definition of an "Into" product. I circulated a draft definition at the last
EEI meeting. There will be a conference call on Tuesday Nov.9th from 230 to
430 to further discuss with EEI members. Let me know if you would like to
participate. In the meanwhile if you have any comments on the draft Into
definition I circulated, please get me our comments as soon as possible. I
will be meeting with the traders later today to discuss with them.

Thanks for everbody's help on this project. The end may be near.
---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 11/03/99 03:05
PM ---------------------------


"Andy Katz" <AKatz@eei.org< on 11/02/99 04:11:13 PM
Please respond to "Wholesale Electric Contract Standardization Group"
<contract@ls.eei.org<
To: "Wholesale Electric Contract Standardization Group" <contract@ls.eei.org<
cc: (bcc: Elizabeth Sager/HOU/ECT)
Subject: Standardized Master Purchase and Sale Agreement



The attached Master Purchase and Sale Agreement represents the culmination of
a tremendous effort by the Standard Contract Working Group and Drafting
Committee. Every effort has been made to be as inclusive in the process of
creating this document as possible. Many compromises were made in creating
this contract and is not necessarily everyone's ideal agreement.
Nevertheless, the contract should be a workable tool that hopefully will
benefit the power market. A clean and redline version of the contract are
attached. They were prepared by the Drafting Committee and every effort was
made to include comments received during and since the September 24 meeting
at EEI.

At this stage of the initiative, it would not be productive to circulate
non-substantive comments (word smithing/formatting). On the other hand, it
would be useful to send any substantive comments or questions about the
mechanics of the contract and how the contract language might apply under
certain scenarios. The best forum to respond to your questions or comments
will be the November 17 Power Marketing Transactions conference in
Washington, D.C. Accordingly, it would be helpful to tailor your comments
to the conference program. Questions, comments, and hypotheticals could be
worked into the panel discussions. Moreover, many of your colleagues from
the Working Group will be on the panels or attending the conference. For
your convenience, a copy of the conference program is attached. Send your
comments to either Patty Dondanville, pdondanville@schiffhardin.com, or David
Perlman, dmperlman@pwrsrc.com

Feel free to contact me if you have any questions.


Andrew S. Katz, Senior Attorney
Edison Electric Institute
701 Pennsylvania Avenue, N.W.
Washington, D.C. 20004
Voice: 202-508-5616
Fax: 202-508-5673
e-mail: akatz@eei.org

- oct31clean.rtf
- oct31red.rtf
- Pwrmkt2.pdf