I think there's lots which will need to be fixed.  I can't fix it now, though.

Here's where I am on the ILA.  I think it should be distributed internally 
and to the Cities ASAP,  with an explanation that we are still pondering it.

Kay



PS.  I didn't redline because there were formatting challenges I couldn't 
figure out.

Kay


From: Reagan Rorschach/ENRON@enronXgate on 04/27/2001 04:22 PM
To: Kay Mann/Corp/Enron@Enron
cc:  

Subject: RE: long form confirm/MDEA

Kay,  I think they will have the following questions:


3.  Liquidated Damages - does this still allow "unit contingent" power 
deals?  That is all we will be buying from them.
5.  Events of Default and Remedies - Is this OK with Mississippi law??
6.  Billing and Payment Netting - I don't think the terms will work.  Their 
boards meets the second and fourth Tuesday of each month.  Payment cannot be 
authorized until the board approves.
10.  Miscellaneous - the arbitration language is the Houston venue....


I just got your email, so I will send it anyway.

reagan
 -----Original Message-----
From:  Mann, Kay  
Sent: Friday, April 27, 2001 4:00 PM
To: Rorschach, Reagan
Subject: long form confirm/MDEA

Starting point for exhibit 2

 << File: long form template.doc >>