Hello Sara,

This is a sample of a basic Termination Agreement for you review.
Please let me know if you have any questions.

 <<enron-termination.doc>>

Regards,
Anthony Grasso
Merrill Lynch Equity Derivatives
tel  (212) 449-3867
fax (212) 449-2697
e-mail: agrasso@exchange.ml.com


 - enron-termination.doc