I have review the attached gty from Engage and will make some legal changes.  
Is the amount of the gty ok with you?


Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490

----- Forwarded by Debra Perlingiere/HOU/ECT on 06/04/2001 11:05 AM -----

	Rob Low <RBL@bdplaw.com>
	05/16/2001 11:12 AM
		 
		 To: "'Debra.Perlingiere@enron.com'" <Debra.Perlingiere@enron.com>
		 cc: "'carey.mendes@engageenergy.com'" <carey.mendes@engageenergy.com>
		 Subject: RE: Enron North America guarantee


Pursuant to Carey Mendes' request, attached for your review and comments
please find the recently negociated form of  guarantee between Engage Energy
America and Enron Power Marketing. If this form is acceptable, we will
modify it to reflect your agreement with Engage (i.e. gas transactions as
opposed to power transactions).

Please contact Carey or me with any comments or revisions you may have.

Regards,

Robert Low

 <<Enron North America Guarantee.doc>>



 - Enron North America Guarantee.doc