Bud Ricketts called up and just wanted to get an email of the physical power 
agreement, I think because he wanted to make comments on the form on the 
computer so he could prepare a blackline draft.



	Shari Stack
	02/13/2001 04:37 PM
		
		 To: Genia FitzGerald/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 cc: 
		 Subject: Re: Williams Query

Tana - Can you please let me know your query.  Bud Ricketts has had a draft 
physical power agreement since Sept. of last year. As you can see from the 
Lotus Notes entry- I called him yesterday to chase him as we have not gotten 
even a first set of comments from them.  Their Credit Guy is apparently the 
hold-up.

I am not sure what else needs to be done from our end. Please advise. 

Thanks!

Shari 






	Genia FitzGerald
	02/13/2001 04:02 PM
		 
		 To: Shari Stack/HOU/ECT@ECT
		 cc: 
		 Subject: 

Shari,

Tana came by and said to send Bud Ricketts (what a name) a copy of this 
Agreement but it looks like from the notes below you have already talked to 
him, etc.  Please advise.


Thanks,
Genia
----- Forwarded by Genia FitzGerald/HOU/ECT on 02/13/2001 04:00 PM -----

	Power Contract Agreement
	 
	Created by: Brenda Whitehead @ 06/14/2000 04:26:32 PM	


Counterparty (r):

Counterparty contacts:	Williams Energy Marketing & Trading Company
	
	Bud Ricketts (legal) (918) 573-3059
Tim Neuman (credit) (918) 573-4880
Cyndi Nixon (confirms)  (918) 573-8139  
	                  

Enron company: EPMI

 ENRON contacts:
                      Commercial contact(s):    Kyle Schultz

                      Credit contact(s):            Tracy Ngo

                      Legal contact(s):             Shari Stack


Document type:  EEI Agreement

Document name:  Master Power Purchase and Sale

Papered by:   Enron

Status:   First draft sent

Requested Draft:  

Received CP draft:  

Under initial Credit review: 

Under initial Legal review: 09/12/2000

Under final Credit review: 

Under final Legal review:  

Sent to documentation:  

First draft sent:  09/18/2000

Second draft sent:  

Third draft sent:  

CP comments received:  

CP reviewing our comments: 

Second CP draft received: 

Sent for Execution:  

Executed:   

Executed-under Amendment: 

Status-Our Guaranty:  

Status-CP Guaranty:  

Status-Netting Agreement: 

Priority:  High


Agreement filename: 0:\legal\

Legal/Credit List: Yes


Contract Number:


Description of Current Contractual and Trading Relationship
1997 Bilateral Master (EPMI Paper) contains LDs, termination netting, credit 
terms.  Williams is a major trading partner in the hourly and forwards 
markets.

Description of Counterparty Guaranty
$75 Million guarantee from The Williams Company through 9/29/00; thereafter, 
$20 M.  

Comments relating to status:
Williams is amenable to the EEI and will consider our cover sheet.

Approved for EnronOnline:
Yes

Legal Comments - Latest:
02/13/2001 - Shari Stack --> Spoke with Bud Ricketts. He has all his comments 
together excpet those from his credit officer.I then called the Credit 
Officer, Tim Neuman to get an update. He said he will get those to me by the 
end of the week.
Legal Comments - History:
12/07/2000 - Shari Stack --> Spoke with Bud Ricketts. He is still waiting for 
Credit to give their comments and he said that I can call him next Wed.
12/01/2000 - Genia FitzGerald --> Spoke to Bud Rickets at Williams and he has 
the EEI Agreement and is working on it.  He said he is waiting for 
Accounting's comments before returning it to me.  He indicated after it was 
passed through several departments at Williams that there are many changes.
11/30/2000 - Shari Stack --> Chased Tim Neuman at Williams and left him a VM. 
We need a response to the EEI sent on 9/18/00.
09/18/2000 - Genia FitzGerald --> Send EEI Agreement to C/P by e-mail and 
copies Credit and RD.
09/18/2000 - Leslie Hansen --> Spoke with Tim Neuman, Sr. Credit Analyst.  
Williams is amenable to the EEI -- they are entering into EEI contracts with 
other CPs.  He asked that I e-mail the proposed form of cover sheet directly 
to him.
09/12/2000 - Genia FitzGerald --> Prepared draft and gave to LH for review.



Revision History:	Shari Stack
Shari Stack
Shari Stack
Genia FitzGerald
Shari Stack
Shari Stack	02/13/2001 10:43:07 AM
02/13/2001 10:38:44 AM
12/07/2000 02:48:53 PM
12/01/2000 10:28:49 AM
11/30/2000 10:37:16 AM
11/30/2000 10:35:27 AM