Thanks - can you guys draft up the Schedule I on a cost-plus basis?

 -----Original Message-----
From: 	stuart.ogg@weil.com@ENRON  
Sent:	Tuesday, November 06, 2001 11:21 AM
To:	Taylor, Mark E (Legal)
Subject:	RE: Comments to Administrative Services Agreement


I added the sentence on the fees to say something like at the request of or
directed by ERMT.  I think this works, because we should only owe fees to
the extent of services provided that we request - in the event we don't
request any, we shouldn't owe anything.

As far as the fee structure, I would think it would need to be cost or
cost-plus.  Obviously, cost-plus looks better from an arms-length basis.




Mark.Taylor@enron.com on 11/06/2001 11:06:57 AM
cc:
Subject:  RE: Comments to Administrative Services Agreement


Thanks  Stuart, I'll add it in.  Two other questions -- should the
performance of the services be delayed until requested at a later date
(there isn't much need for it today) and what do we do about the fees?

    -----Original Message-----
   From:   stuart.ogg@weil.com@ENRON
   Sent:   Tuesday, November 06, 2001 11:01 AM
   To:     Taylor, Mark E (Legal)
   Subject:  RE: Comments to Administrative Services Agreement


   We can say the following:

   Provision of office space, which may include office space in the current
   principal offices of the Administrator or such other location in
   Houston,
   Texas or other location as Adminstrator may occupy, and such other
   office
   space as may be reasonably required by ERMT from time to time during the
   term of this Agreement.

   Let me know if you want me to add this or if you are going to do it on
   your
   end - Thanks.





   Mark.Taylor@enron.com on 11/06/2001 10:50:00 AM
   cc:
   Subject:  RE: Comments to Administrative Services Agreement


   One more thing we need to consider is office space.  Can I just add that
   in
   as a "service"?

       -----Original Message-----
      From:   stuart.ogg@weil.com@ENRON
      Sent:   Monday, November 05, 2001 8:34 PM
      To:     Taylor, Mark E (Legal)
      Cc:     trish.lindloff@weil.com
      Subject:  Re: Comments to Administrative Services Agreement


      Attached is a revised services agreement to reflect your comments -
   you
      will note that I don't know the actual corporate name or form for
   Enron
      Net
      Works, so that will need to confirmed.  Please let me know if you
   have
      any
      further thoughts or comments on the attached.  Thanks.




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      (Administrative Services Agreement) (See attached file: 5z6%04!.DOC)
      (Administrative Services Agreement) (See attached file: 5z6%RTF.DOC)
       - 5z6%04!.DOC << File: 5z6%04!.DOC >>
       - 5z6%RTF.DOC << File: 5z6%RTF.DOC >>



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