fyi,

this is the status of the contract.

-----Original Message-----
From: Finelli, Christina 
Sent: Tuesday, June 18, 2002 8:55 AM
To: Barbe, Robin
Cc: Darmitzel, Paul
Subject: RE: GISB Base Contract - Occidental Energy Marketing, Inc.



Robin,

I have sent everything to Carol Wilson she should need to create the GISB.  She is getting approval from their legal people this morning, but should be okay since it mirrors the one done with EES late last year.

I told her you would provide her with the ENA information you want.

Will be in touch.  I would think we will be in business later today.

Christy

-----Original Message-----
From: Barbe, Robin 
Sent: Monday, June 17, 2002 2:47 PM
To: Darmitzel, Paul; Finelli, Christina
Cc: McMichael Jr., Ed; Schneider, Chip; Germany, Chris; Concannon, Ruth
Subject: FW: GISB Base Contract - Occidental Energy Marketing, Inc.


hey guys,

this transaction could happen tomorrow. we need to have a signed agreement by tomorrow.  it also needs to include language stating that the deal is firm and that amounts due ENA are free and clear of all claims.  


is this feasible?  what can i do to help?

robin


-----Original Message-----
From: Finelli, Christina 
Sent: Monday, June 17, 2002 11:53 AM
To: Barbe, Robin
Cc: Darmitzel, Paul
Subject: RE: GISB Base Contract - Occidental Energy Marketing, Inc.



Robin,

I have reviewed the GISB sent by Occi.  The GISB between Occi and EES does NOT contain the special provisions contained in the within GISB.  I can tell them we want the wording exactly the same, but we are dealing with different types of deals.

The main reason EES was able to negotiate them out, was EES did not record.  EES prefers to have a written confirmation, does Wholesale?

Paul, since Wholesale records, I would think that the second special provision would apply, and the first one certainly could or could not, depending upon whether this is the practice of Wholesale.  If this is merely Occidental's practice, then I will propose wording to change the reading to reflect that we do WANT all confirmations of less than one month to be confirmed.

The third special provision, can go either way, your call?

The fourth provision, seems fine, again your call?

Normally the pre-payment (by Occy) does not go in the actual GISB agreement.  I would like to have Carol Wilson insert our bankruptcy language right before the signatures on page one.

Also, I would suggest under confirming party on page one, that it read:  Enron Wholesale, unless you do not prefer to confirm, but I am pretty sure you do.

Let me know later.

Christy

-----Original Message-----
From: Barbe, Robin 
Sent: Friday, June 14, 2002 1:43 PM
To: Finelli, Christina
Subject: FW: GISB Base Contract - Occidental Energy Marketing, Inc.


here's the gisb.  thanks for your help.

robin
37177

-----Original Message-----
From: Carol_Wilson@oxy.com [mailto:Carol_Wilson@oxy.com]
Sent: Thursday, June 13, 2002 3:24 PM
To: Barbe, Robin
Subject: GISB Base Contract - Occidental Energy Marketing, Inc.


Robin,

How are you doing?  It has been a few years since we've seen each other.
John Fitzpatrick asked that I send to you the GISB contract for your review.
If you will complete the information on the right-hand side of the first
page and email back to me I will prepare originals for execution.

Let me know if you have any questions.

Sincerely,

 <<GISB-new.DOC>> 

Carol Wilson
Occidental Energy Marketing, Inc.
Tel. # 713-215-7182
Fax # 713-215-7486
carol_wilson@oxy.com