Janice

Here is another Tolling that Stuart did and reviewed when we were thinking of
taking back a PPA (in this case we were supplying gas and taking electricity,
so your deal does not have the same perspective) when we sold the plants -
this deal never happened and was very convoluted because of lease accounting
issues. Anyway it may be helpful on your toll.
----- Forwarded by Elizabeth Sager/HOU/ECT on 12/06/2000 10:31 AM -----

Stuart Zisman
05/11/2000 06:10 PM

To: Elizabeth Sager/HOU/ECT@ECT
cc:
Subject:

Attached is a draft of a PPA/Tolling Agreement that we were negotiating last
year in connection with the potential disposition of our 99 Peaking Assets.
I believe you have seen this one before (in fact, I my memory serves my
correctly you provided significant input). I hope this is helpful.

Stuart