----- Forwarded by Tana Jones/HOU/ECT on 08/22/2000 01:38 PM -----

	Robert Bruce@ENRON
	Sent by: Robert Bruce@ENRON
	08/22/2000 10:54 AM
		 
		 To: Suzanne Adams/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Erica Braden/Enron 
Communications@Enron Communications, Mary Cook/HOU/ECT@ECT, Kaye 
Ellis/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Sara 
Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, 
Becky Tlucek/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Chaundra 
Woods/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Brent Hendry/NA/Enron@Enron
		 cc: 
		 Subject: Canadian form of subordination agreement

On an ISDA I am reviewing, credit has asked that all indebtedness of the 
Canadian counterparty to its affiliates be subordinated to us (in this case 
ECC).  Does anyone have access to a Canadian form of subordination 
agreement?  I imagine that a fairly bare-bones form would suffice.  Thanks -- 
Bob