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 -----Original Message-----
From: 	Cole, Kate  
Sent:	Thursday, November 29, 2001 1:14 PM
To:	Williams, Robert C.; Derrick Jr., James
Subject:	FW: Enron Metals & Commodity (Canada) Inc.
Sensitivity:	Confidential


FYI.  Let me know if you want to stay abreast of this email conversation.  I'd hate to be wasting your time. KC


Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com

 -----Original Message-----
From: 	Nissan, Limor  
Sent:	29 November, 2001 12:01 PM
To:	Bouillion, James L.; Cole, Kate
Cc:	Mayer, Laurie; Kendall, Earline; Williams, Robert C.
Subject:	RE: Enron Metals & Commodity (Canada) Inc.
Sensitivity:	Confidential

Jim,

We want to know how the 350MM gets shared among directors and officers if it is insufficient to pay everything.

Also, can we assume that this covers issues at foreign subsidiaries??

Thanks,

Limor

Enron Global Markets
520 Madison Avenue
New York, NY 10022
Tel: 212.715.5283
Fax: 212.715.5608
E-Mail: Limor.Nissan@Enron.com

 -----Original Message-----
From: 	Bouillion, James L.  
Sent:	Thursday, November 29, 2001 12:54 PM
To:	Cole, Kate; Nissan, Limor
Cc:	Mayer, Laurie; Kendall, Earline; Williams, Robert C.
Subject:	RE: Enron Metals & Commodity (Canada) Inc.
Sensitivity:	Confidential

We do not provide copies of the policies.  

The Corporate indemnity is the first line of defense for the D's &O's.  If the indemnity responds, the company seeks reimbursement from the policy up to its limit.   There is no other D&O insurance above the $350,000,000, amount of insurance.

Please advise if there are further questions.

 -----Original Message-----
From: 	Cole, Kate  
Sent:	Thursday, November 29, 2001 11:34 AM
To:	Nissan, Limor; Bouillion, James L.
Cc:	Mayer, Laurie
Subject:	RE: Enron Metals & Commodity (Canada) Inc.
Importance:	High
Sensitivity:	Confidential

Limor - I'm turning this over to Jim Bouillion to respond to.  I don't have this information.  KC



Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com

 -----Original Message-----
From: 	Nissan, Limor  
Sent:	29 November, 2001 11:32 AM
To:	Cole, Kate
Cc:	Mayer, Laurie; Bouillion, James L.
Subject:	RE: Enron Metals & Commodity (Canada) Inc.
Sensitivity:	Confidential

Thanks.

I need the policy and I need to know what happens if the limit of 350MM is not enough.  Where would that be addressed??? The Enron Corp. bylaws???

Enron Global Markets
520 Madison Avenue
New York, NY 10022
Tel: 212.715.5283
Fax: 212.715.5608
E-Mail: Limor.Nissan@Enron.com

 -----Original Message-----
From: 	Cole, Kate  
Sent:	Thursday, November 29, 2001 12:13 PM
To:	Nissan, Limor
Cc:	Mayer, Laurie; Bouillion, James L.
Subject:	RE: Enron Metals & Commodity (Canada) Inc.
Importance:	High
Sensitivity:	Confidential


Limor and Laurie - this is the document I received from Risk Management.  Please advise if you need further information.  Best regards Kate

 << File: D&OSUMHandout030600.doc >> 


Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com

 -----Original Message-----
From: 	Nissan, Limor  
Sent:	29 November, 2001 11:10 AM
To:	Mayer, Laurie; Cole, Kate; Pardue, Larry
Subject:	RE: Enron Metals & Commodity (Canada) Inc.

Folks, I need the policy that covers US subsidiaries and foreign subsidiaries ASAP.

thanks

Enron Global Markets
520 Madison Avenue
New York, NY 10022
Tel: 212.715.5283
Fax: 212.715.5608
E-Mail: Limor.Nissan@Enron.com

 -----Original Message-----
From: 	Mayer, Laurie  
Sent:	Thursday, November 29, 2001 12:09 PM
To:	Cole, Kate; Pardue, Larry
Cc:	Nissan, Limor
Subject:	Enron Metals & Commodity (Canada) Inc.

Kate and Larry,

	Limor Nissan in the New York office needs a copy of the Director and Officer Liability policy (or a similarily named document) for review.  Jean Michaud, a Canadian director, wants confirmation of coverage before signing documents.  Limor needs this information as quickly as possible.

Many thanks,
Laurie