Brent,
From an EnronOnline perspective we would not have a problem if we delete the 
last paragraph, since ETA and PA reference to the GTC applies to all products 
and not only to weather:
"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".
Pls. let me know if you have any questions/comments
Thanks
Carlos




 -----Original Message-----
From:  Carter, Carl  
Sent: Wednesday, April 18, 2001 1:27 PM
To: Alatorre, Carlos
Subject: FW: Side Agreement on GTC



 -----Original Message-----
From:  "Brent Hendry" <bhendry@houston.rr.com>@ENRON 
[mailto:IMCEANOTES-+22Brent+20Hendry+22+20+3Cbhendry+40houston+2Err+2Ecom+3E+4
0ENRON@ENRON.com] 
Sent: Wednesday, April 18, 2001 2:43 PM
To: Carter, Carl; Lees, Lisa
Cc: Rohauer, Tanya
Subject: Fw: Side Agreement on GTC

As far as I am concerned this works for me.  Is there any problem with them
signing and getting set up on EOL today?  Carl or Lisa, please call me at
home at 281 866 8797.
Thanks,
Brent
----- Original Message -----
From: <ARaspe@elementre.com>
To: <bhendry@houston.rr.com>
Sent: Wednesday, April 18, 2001 8:23 AM
Subject: Re: Side Agreement on GTC


>
> Brent, I understand you are ill today. Sorry to bother you again.  These
> changes are ok with me. I can have it signed here today by our president.
> To whom should I send the signed document?  Also, can I go ahead and get
> the password application filed?  Let me know today if possible.  Thanks.
> Adele
>
>
> 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"
>                     <bhendry@houst        To:     <ARaspe@elementre.com>
>                     on.rr.com>            cc:     <carl.carter@enron.com>,
"Brent Hendry"
>                                           <Brent.Hendry@enron.com>,
>                     04/17/2001            <mark.taylor@enron.com>,
<lisa.lees@enron.com>
>                     08:00 PM              Subject:     Side Agreement on
GTC
>
>
>
>
>
>
> 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
> > intended recipient, you are hereby requested not to distribute or
> > copy this communication. If you have received this communication in
> > error, please notify us immediately by telephone or return e-mail and
> > delete the original message from your system.
> >
> >
> >
> >
> >
> >
> >
>
> (See attached file: XL Trading.doc)
>
>
> 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
> intended recipient, you are hereby requested not to distribute or
> copy this communication. If you have received this communication in
> error, please notify us immediately by telephone or return e-mail and
> delete the original message from your system.

 - XL Trading.doc << File: XL Trading.doc >>