Mr. Suchdev,

Attached is our sample form of Paragraph 13, which supplements the ISDA Credit Support Annex boilerplate.   Once Credit has furnished us with the terms under a Credit Worksheet, we will be able to provide a version which includes the credit features.

Hope this helps in the interim.

 

Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3803A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
Email: Susan.Bailey@enron.com


 -----Original Message-----
From: 	Shackleton, Sara  
Sent:	Wednesday, September 26, 2001 10:57 AM
To:	Bailey, Susan
Cc:	Rohauer, Tanya
Subject:	FW: ISDA Master Agreement

Susan:  While Tanya is reviewing credit, can you please send a "blank form Paragraph 13" for this master.  Just our standard.  Caveat:  subject to credit review even though there are blanks.  Thanks.  Sara

 -----Original Message-----
From: 	"Suchdev, Vijay" <vijay.suchdev@funb.com>@ENRON [mailto:IMCEANOTES-+22Suchdev+2C+20Vijay+22+20+3Cvijay+2Esuchdev+40funb+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Wednesday, September 26, 2001 10:14 AM
To:	Shackleton, Sara
Cc:	Gray, Steven
Subject:	RE: ISDA Master Agreement

First Union Securities, Inc.

Hi Sara,

I just wanted to follow up on whether you will have a chance to send a draft
Credit Support Annex (similar in form to the one previously executed with
ENA).  I understand you may not have credit approval yet so perhaps we can
leave the appropriate sections blank in the meantime.

Thanks and regards,

Vijay K. Suchdev
Vice President
Equity Derivatives
First Union Securities, Inc.
Telephone: (212) 909-0951
Facsimile: (212) 891-5042
email: vijay.suchdev@funb.com <mailto:vijay.suchdev@funb.com>

	-----Original Message-----
	From:	Shackleton, Sara [SMTP:Sara.Shackleton@enron.com]
	Sent:	Tuesday, September 25, 2001 3:27 PM
	To:	Vijay.Suchdev@funb.com
	Subject:	ISDA Master Agreement

	Vijay:

	I've been trying to call you for about an hour, but the circuits are
all
	busy.  Sometimes it's easier for NY to call out than for us to call
NY.
	I'll be in my office for about an hour before meetings.  Also, I am
free
	in the morning.  We'll need to recall exactly where we were at the
	beginning of August.  Thanks.  Sara

	Sara Shackleton
	Enron Wholesale Services
	1400 Smith Street, EB3801a
	Houston, TX  77002
	Ph:  (713) 853-5620
	Fax: (713) 646-3490




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