Enron Mail

From:tracy.ngo@enron.com
To:rodney.malcolm@enron.com, stuart.zisman@enron.com, sara.shackleton@enron.com
Subject:Project Moosehead
Cc:william.bradford@enron.com, patricia.cini@enron.com,elizabeth.sager@enron.com
Bcc:william.bradford@enron.com, patricia.cini@enron.com,elizabeth.sager@enron.com
Date:Mon, 20 Dec 1999 09:40:00 -0800 (PST)

I will be on vacation from 12/21 to 12/27 and will back in on Tuesday,
12/28. I have discussed the contents of the credit worksheets for the
physical and financial contracts with Stuart Zisman and Sara Shackleton,
respectively. Should there be any further credit issues/concerns, please
direct them to Pat Cini (x5-7130) or Bill Bradford (x3-3831) in credit. I
have informed Pat Cini of the status of both contracts and the relating
credit provisions for each.

Regards,
Tracy
---------------------- Forwarded by Tracy Ngo/HOU/ECT on 12/20/99 05:28 PM
---------------------------

Enron North America Corp.

From: Marie Heard 12/20/99 05:26 PM


To: Rodney Malcolm/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT

Subject: Project Moosehead - ISDA Master Agreement

Tracy Ngo requested that we delete the cross default threshold applying to
each of EPMI and Merrill Lynch Capital Services, Inc. and have this threhold
amount apply only to the credit support providers of EPMI and Merrill Lynch
Capital Services, Inc. We have made this change to our draft ISDA Master
Agreement. Are there any other comments or revisions to the draft?