Does change in law mean the implementation of the NE RTO?  That process is underway and whatever happens with its implementation we should already have a knowledge of?

Jim

 -----Original Message-----
From: 	Brown, Jeff  
Sent:	Tuesday, September 18, 2001 9:04 AM
To:	Steffes, James D.
Cc:	Nelson, Bonnie; Higgason, Kelly; Fromer, Howard; Jenkins, Beth
Subject:	RE: Load Curtailment Annex to TC

Jim,

This is a 3 year deal, beginning Oct. 1.  Our standard terms and conditions, which MG has already executed, includes a "regulatory" out provision.  In addition, a change in law allows EES to terminate.

If ICAP or UCAP goes away, this would be a material change and EES would try to renegotiate the deal with MG or terminate if an acceptable deal cannot be reached.

Thanks - Jeff



From:	James D Steffes/ENRON@enronXgate on 09/18/2001 08:36 AM
To:	Bonnie Nelson/HOU/EES@EES, Kelly Higgason/HOU/EES@EES, Howard Fromer/ENRON@enronXgate, Jeff A Brown/HOU/EES@EES
cc:	 
Subject:	RE: Load Curtailment Annex to TC

I only have one question - the NYISO may be replaced by a NERTO as soon as this year in December.  What is the timeframe of the contract?  Also, the NYISO rules may change - what happens to our deal?  Do we have rights to restructure?  What happens if ICAP or UCAP goes away as an obligation?

Jim

 -----Original Message-----
From: 	Nelson, Bonnie  
Sent:	Monday, September 17, 2001 2:37 PM
To:	Higgason, Kelly; Fromer, Howard; Steffes, James D.
Subject:	Re: Load Curtailment Annex to TC


---------------------- Forwarded by Bonnie Nelson/HOU/EES on 09/17/2001 02:36 PM ---------------------------

 << OLE Object: Picture (Device Independent Bitmap) >> 
Bonnie Nelson
09/17/2001 02:35 PM
To:	Jeff A. Brown/HOU/EES@EES, Tom Prisk/HOU/EES@EES, Christopher Riley/HOU/EES@EES, Suzanne Vann/HOU/EES@EES, Beth Jenkins/HOU/EES@EES, Jeff Golden/HOU/EES@EES, Nina Nguyen/HOU/EES@EES, Beth Apke/HOU/EES@EES, Ronald Adzgery/HOU/EES@EES, Howard Fromer/HOU/EES@EES, James D Steffes/HOU/EES@EES, ", Andrew Ralston/HOU/EES@EES, "Nancy Wodka" <nwodka@bracepatt.com> @ ENRON, Garrett Spear-Smith/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Deborah Culver/HOU/EES@EES, Kelly Higgason/HOU/EES@EES@
cc:	 
Subject:	Re: Load Curtailment Annex to TC   << OLE Object: StdOleLink >> 

To all, attached please find a revised draft of the Load Curtailment Annex, marked to show changes from the draft distributed to you on September 14.  Also for your convenience, I am attaching a clean draft.

 << File: LCAnnex091401v2.doc >>  << File: LCAnnex091401v2RED.doc >>