Elizabeth,
 
My understanding is that all inter-company transactions were terminated upon bankruptcy.   Is this correct?

-----Original Message----- 
From: Padron, Juan 
Sent: Fri 12/14/2001 2:58 PM 
To: Presto, Kevin M. 
Cc: Herndon, Rogers; Misra, Narsimha 
Subject: Cal'02 - '03 RTC CALL OPTION -- NYISO Z-G



Kevin - 

In the event that the agreement reached on February 09, 2000 between EESI and EPMI (regarding EESI's purchase of a Call Option under the terms stated below) still good,  EESI shall exercise that Call Option.

Term:           1/1/02 to 12/31/03;  HE 0100 to HE 2400 
Strike:         $32.50 / MWh 
Premium:        $1.90 / MWh     
Quantity:       50 MW Firm 
Del Point:      NYPP Z-G 

- Juan