You are right.  ENA owns the intellectual property rights to EOL. 

Taylor just told me that and explained that the goal is to convey a license but to keep the IP in ENA for potential later sale.  

Also, we are preparing for a scenario that is North America gas and power in Houston, Calgary and Portland at about 50% flow going forward and the rest (EGM, EIM, EBS, EES, etc.) as orderly shutdown over 90 days.  I assume our front, mid and back office systems, or at least parts, would be conveyed to the new owner.


GP

 -----Original Message-----
From: 	Kitchen, Louise  
Sent:	Friday, November 30, 2001 9:36 AM
To:	Piper, Greg
Cc:	Taylor, Mark E (Legal)
Subject:	RE: Net Works Corporate Structure

EnronOnline LLC is but the software is owned by ENA - I think

 -----Original Message-----
From: 	Piper, Greg  
Sent:	Friday, November 30, 2001 9:35 AM
To:	Kitchen, Louise
Cc:	Taylor, Mark E (Legal)
Subject:	FW: Net Works Corporate Structure


FYI.  

EOL is owned by ENW that is owned by Corp.  Let me know what you need associated with this or not.

GP
 -----Original Message-----
From: 	Taylor, Mark E (Legal)  
Sent:	Friday, November 30, 2001 9:18 AM
To:	Piper, Greg; Pickering, Mark; Beck, Sally
Subject:	Net Works Corporate Structure

Clickpaper.com, L.L.C., CommodityLogic LLC, Deal Bench L.L.C., Enron Net Works Investments, L.L.C. and EnronOnline, LLC are each owned 100% by Enron Net Works LLC.  Enron Net Works LLC is 100% owned by Enron Corp.

Mark Taylor
Vice President and General Counsel
Enron Wholesale Services
1400 Smith Street - EB3892
Houston, Texas 77008
(713)853-7459
(713)646-3490 (fax)