Leslie-- As discussed, attached are the four EOL product definition texts I have prepared in consultation with Doug Gilbert-Smith and other persons involved with ERCOT wholesale power trading activities.  The new ERCOT marketplace goes into effect Friday July 6, 2001, but Monday July 9 would be fine for the institution of these products, particularly if the process is simplified by starting these products contemporaneous with the Firm(LD) changeover referenced in your e-mail below.  I have drafted a banner as to the "ERCOT-wide" product, which may be changed as necessary -- Doug is okay with being referenced as a contact person in such banner.  Please contact me with any questions.  --David

 
 
 -----Original Message-----
From: 	Hansen, Leslie  
Sent:	Friday, June 29, 2001 11:30 AM
To:	Lozano, Melba
Cc:	Portz, David; Sager, Elizabeth
Subject:	New US East Power Product.

Melba:

Please create the new US East power product set out below as soon as possible.  As we discussed, it should be ready for release on Monday, July 9.  Please call me with any questions or comments.

Thanks so much.

Leslie
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US East Power Phy Fwd Firm (LD):  A US Power Transaction with Enron Power Marketing, Inc. under which the Seller shall sell and the Buyer shall purchase a quantity of Firm (LD) energy equal to the Hourly Quantity at the Contract Price in accordance with the terms of the "Firm (LD)" definition in Schedule P of the Edison Electric Institute Master Power Purchase and Sale Agreement Version 2.1 (modified 4/25/00), including, without limitation, any defined terms contained therein, notwithstanding anything to the contrary in the master agreement, if any, that governs this Transaction.  The Contract Price shall be as submitted by the Counterparty via the Web Site.