let's talk on Tuesday, dude


   
	
	
	From:  Rod Nelson                           02/17/2000 02:48 PM
	

To: Sara Shackleton/HOU/ECT@ECT
cc:  
Subject: Statoil agreed changes

Jim Eden and I agreed to the following:

[1] Cross Default Threshold for Statoil will be $20MM.
[2] Cross Default Threshold on Enron side will apply to Enron Corp (take out 
part about ENA)
[3] Statoil will not provided quarterly financials (only annual)
[4] Set-off: well... I had them in agreeing, but they reneged. 

We also need to discuss the cure period referencing paragraph 7.  I'm not 
sure that I fully understand when this applies.

Rod