Enron Mail

From:bhendry@houston.rr.com
To:araspe@elementre.com
Subject:Side Agreement on GTC
Cc:carl.carter@enron.com, brent.hendry@enron.com, mark.taylor@enron.com,lisa.lees@enron.com
Bcc:carl.carter@enron.com, brent.hendry@enron.com, mark.taylor@enron.com,lisa.lees@enron.com
Date:Tue, 17 Apr 2001 10:00:00 -0700 (PDT)

Attached are my blackline comments to the side agreement you prepared. I
need to run it by the Enron Online group but do not forsee any objections.
Let me know if you have any questions or comments.
Regards,
Brent


----- Original Message -----
From: <ARaspe@elementre.com<
To: <bhendry@houston.rr.com<
Sent: Tuesday, April 17, 2001 10:25 AM
Subject: Re: XL Trading Confirmation revised blackline


<
<
<
<
<
< The undersigned parties hereto agree that until a relevant master
agreement
< is executed between XL Trading Partners Ltd ("Counterparty") and Enron
< North America Corp., the terms and conditions set forth in the form of
< long-form confirmation (the "Deemed ISDA") shall be the general terms and
< conditions governing all weather-derivative transactions on one or more
< websites or other internet-based electronic trading facilities ("Website")
< between EnronOnline, LLC and/or its affiliates ("Enron") and Counterparty,
< and shall replace any General Terms and Conditions established by Enron
< which are in effect with respect to weather-derivative transactions or
are
< posted on the Website.
<
< Furthermore, any reference to the "General Terms and Conditions" in the
< Electronic Trading Agreement or the Password Application between the
< undersigned shall be deemed a reference to the Deemed ISDA.
<
< Acknowledged and Agreed to this _______ day of April, 2001
<
<
< Element Re Capital Products Inc., EnronOnline, LLC
< as Agent of XL Trading Partners Ltd
<
<
< By: By:
< Name: Lynda Clemmons Name:
< Title: President Title:
<
<
<
<
<
<
< Adele M. R. Raspe
< General Counsel, Derivatives
<
< Element Re Capital Products Inc.
< 100 First Stamford Place, Suite 360
< Stamford, CT 06902
< phone: (203) 356-3579
< fax: (203) 602-4475
<
<
<
< Brent.Hendry@
< enron.com To: ARaspe@elementre.com
< Sent by: cc:
< Becky.Spencer Subject: Re: XL Trading
Confirmation revised
< @enron.com blackline
<
<
< 04/17/2001
< 10:34 AM
<
<
<
<
<
<
<
< Adele,
<
< Regarding the "one-liner" you needed from Brent, he asks that you draft it
< and then send it to him at home for his review. His home e-mail address
< is: "bhendry@houston.rr.com"
<
< Thank you!
< Becky Spencer
< Assistant to Brent Hendry
< 713-853-7599 Office
< 713-646-3490 Fax
<
< -----------------------------------
<
<
<
< ARaspe@elemen
< tre.com To: Brent.Hendry@enron.com
< cc:
< 04/16/2001 Subject: Re: XL Trading
< Confirmation revised blackline
< 05:52 PM
<
<
<
<
<
<
< Return Receipt
<
< Your Re: XL Trading Confirmation revised blackline
< document
< :
<
< was Adele Raspe/ElementRe/XLAmerica
< received
< by:
<
< at: 04/16/2001 06:14:29 PM EDT
<
<
<
<
<
< The information contained in this e-mail message may be privileged
< and confidential information and is intended only for the use of
< the individual and/or entity identified in the alias address of
< this message. If the reader of this message is not the intended
< recipient, or an employee or agent responsible to deliver it to the
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< error, please notify us immediately by telephone or return e-mail and
< delete the original message from your system.
<
<
<
<
<
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<

- XL Trading.doc