Yes, that is what we agreed to.
CF




	Sara Shackleton@ECT
	11/13/2000 11:28 AM
		 
		 To: Clint Freeland/Corp/Enron@Enron, Ryan Siurek/Corp/Enron@ENRON, Jim 
Armogida/Corp/Enron@ENRON
		 cc: 
		 Subject: Enron Forward/Assignment confirms

Clint:  Please verify cap of 4,164,300, Price Trigger Event occuring at USD 
55.00 for 3 consecutive Exchange Business Days and Spread of +.60 % from 
8/4/00 through 11/16/00 and +.80% from 11/17/00 through 8/4/01.

Ryan:  Check my voice mail about revising your language to add "in bankruptcy 
or in liquidation".
----- Forwarded by Sara Shackleton/HOU/ECT on 11/13/2000 11:10 AM -----

	"Franz, Philip" <pfranz@lehman.com>
	11/13/2000 09:39 AM
		 
		 To: "'sara.shackleton@enron.com'" <sara.shackleton@enron.com>, 
"'clint.freeland@enron.com'" <clint.freeland@enron.com>
		 cc: "Rosica, Paul" <prosica@lehman.com>, "Karna, Angie" <AKarna@lehman.com>, 
"Franz, Philip" <pfranz@lehman.com>
		 Subject: Enron Forward/Assignment confirms


Sara and Clint,
For your review per Paul...

 <<ENA.ENE.Assignment.11.13.00.doc>>

 <<Enron.forward.11.13.00.doc>>

 <<ENRON.ML.Assignment.11.13.00.doc>>

Regards,
Phil

Phil Franz
Transaction Management/Equity Derivatives
Lehman Brothers
(212)526-8482
pfranz@lehman.com
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 - ENA.ENE.Assignment.11.13.00.doc
 - Enron.forward.11.13.00.doc
 - ENRON.ML.Assignment.11.13.00.doc