They were added awhile back.  Here is the updated group list.


	 

 -----Original Message-----
From: 	Cook, Mary  
Sent:	Tuesday, November 06, 2001 10:48 AM
To:	Heard, Marie
Subject:	FW: PLEASE NOTE
Importance:	High

Please add these people to the Master Netting Group

athena.alexander@cwt.com
david.mitchell@cwt.com
marissa.morelle@cwt.com

 -----Original Message-----
From: 	"Athena Alexander" <Athena.Alexander@cwt.com>@ENRON  
Sent:	Tuesday, November 06, 2001 10:32 AM
To:	Cook, Mary
Subject:	PLEASE NOTE
Importance:	High

Mary, going forward, could you please include me, David Mitchell and
Marissa Morelle on all distributions that you make to Rick and Lech
Kalembka?  Thanks.

[athena.alexander@cwt.com, david.mitchell@cwt.com, marissa.morelle@cwt.com]

----- Forwarded by Athena Alexander/NY/CWT on 11/06/01 11:26 AM -----

                    Lech Kalembka
                    x6918                To:     Athena
                    Office:  NY          Alexander/NY/CWT@CWT
                                         cc:
                    11/06/01 10:43       Subject:     Re: FORM CHANGES:
                    AM                   READ(Document link: Athena
                                         Alexander)




Can you forward to David my forwards to you?  Thanks.

Lech Kalembka
Cadwalader, Wickersham & Taft
100 Maiden Lane
New York, NY  10038
Tel.: (212) 504-6918
Fax: (212) 504-6666
E-mail: lech.kalembka@cwt.com



                    Athena
                    Alexander            To:     Lech Kalembka/NY/CWT@CWT
                    x6288                cc:
                    Office:  NY          Subject:     Re: FORM CHANGES:
                                         READ(Document link: Restore Lech
                    11/06/2001           Kalembka)
                    10:41 AM





OK, I will add us to the distribution list.  However, please include David
on anything you forward until he is also on the list.  Thanks.




                    Lech Kalembka
                    x6918                To:     Athena
                    Office:  NY          Alexander/NY/CWT@CWT, Marissa L.
                                         Morelle/NY/CWT@CWT
                    11/06/01             cc:
                    10:39 AM             Subject:     FORM CHANGES: READ





I have been forwarding these messages at Rick's request.  Going forward,
perhaps either of you could contact Mary Cook to be added to the
distribution list.  Thanks.

Lech Kalembka
Cadwalader, Wickersham & Taft
100 Maiden Lane
New York, NY  10038
Tel.: (212) 504-6918
Fax: (212) 504-6666
E-mail: lech.kalembka@cwt.com
----- Forwarded by Lech Kalembka/NY/CWT on 11/06/2001 10:36 AM -----

                    "Cook, Mary"
                    <Mary.Cook@EN        To:     "Antonoff, Rick"
                    RON.com>             <rick.antonoff@cwt.com>,
                    Office:              "Aronowitz, Alan"
                                         <Alan.Aronowitz@ENRON.com>,
                    11/06/2001           "Clark, Morris"
                    10:09 AM             <Morris.Richard.Clark@ENRON.com>
                                         , "Cook, Mary"
                                         <Mary.Cook@ENRON.com>, "Davis,
                                         Angela"
                                         <Angela.Davis@ENRON.com>, "Del
                                         vecchio, Peter"
                                         <Peter.Del.Vecchio@ENRON.com>,
                                         "Douglas, Stephen H."
                                         <Stephen.H.Douglas@ENRON.com>,
                                         "Evans, Mark (London Legal)"
                                         <mark.evans@enron.com>,
                                         "Gaffney, Chris"
                                         <Chris.Gaffney@ENRON.com>,
                                         "Gray, Barbara N."
                                         <Barbara.N.Gray@ENRON.com>,
                                         "Hansen, Leslie"
                                         <Leslie.Hansen@ENRON.com>,
                                         "Heard, Marie"
                                         <Marie.Heard@ENRON.com>,
                                         "Hendry, Brent"
                                         <Brent.Hendry@ENRON.com>,
                                         "Hodge, Jeffrey T."
                                         <Jeffrey.T.Hodge@ENRON.com>,
                                         "Johnston, Greg"
                                         <Greg.Johnston@ENRON.com>,
                                         "Jones, Tana"
                                         <Tana.Jones@ENRON.com>,
                                         "Kalembka, Lech"
                                         <lech.kalembka@cwt.com>,
                                         "Keohane, Peter"
                                         <Peter.Keohane@ENRON.com>,
                                         "Koehler, Anne C."
                                         <Anne.C.Koehler@ENRON.com>,
                                         "Leite, Francisco Pinto"
                                         <Francisco.Pinto.Leite@ENRON.com
                                         >, "McCullough, Travis"
                                         <Travis.McCullough@ENRON.com>,
                                         "Mellencamp, Lisa"
                                         <Lisa.Mellencamp@ENRON.com>,
                                         "Murphy, Harlan"
                                         <Harlan.Murphy@ENRON.com>,
                                         "Murray, Julia"
                                         <Julia.Murray@ENRON.com>,
                                         "Nemec, Gerald"
                                         <Gerald.Nemec@ENRON.com>,
                                         "Portz, David"
                                         <David.Portz@ENRON.com>,
                                         "Rohauer, Tanya"
                                         <Tanya.Rohauer@ENRON.com>,
                                         "Sager, Elizabeth"
                                         <Elizabeth.Sager@ENRON.com>,
                                         "Saxena, Rahul"
                                         <rahul.saxena@enron.com>,
                                         "Sayre, Frank"
                                         <Frank.Sayre@ENRON.com>, "Schuh,
                                         Michael"
                                         <michael.schuh@enron.com>,
                                         "Shackleton, Sara"
                                         <Sara.Shackleton@ENRON.com>,
                                         "Simons, Paul"
                                         <paul.simons@enron.com>, "St.
                                         Clair, Carol"
                                         <Carol.St.Clair@ENRON.com>, "Van
                                         Hooser, Steve"
                                         <Steve.Van.Hooser@ENRON.com>,
                                         "Viverito, John"
                                         <John.Viverito@ENRON.com>, "Von
                                         Bock Und Polach, Marcus"
                                         <marcus.von.bock.und.polach@enro
                                         n.com>, "Williams, Jason R
                                         (Credit)"
                                         <Jason.R.Williams@ENRON.com>
                                         cc:
                                         Subject:     FORM CHANGES: READ






1.  Be sure to verify that the underlying contracts do not allow cherry
picking under any default scenario.  If it does, amend the express
language.

2.  We have made 2 changes to the netting agreement forms on the basis
of further review by Leslie Hansen of some provisions in our trading
forms.  The first change is in paragraph 2(a) to clarify the definition
of Default.  The second change is in paragraph 14(b) to delete the day
limitation on claims of Force Majeure.  We feel this should not be
included in any physical contract that will be included in a master
netting agreement, especially because of the current international
situation and security concerns.

See attached reline version to read the changes.

 <<MASTER NETTING & SECURITY AGMNT 10 H V1 RED.DOC>>
3.  No changes have been made to the Collateral Annex.

4.  Attached below are the new forms.  Rather than continue with forms
with and without the user notes, I put the user notes in a separate
document.  They are not at the back of the forms.  Simpler.

 <<Master Netting User Notes.doc>>

The attached forms are Master Netting & Security Agmnt 10 h a v1 (to use
without collateral annex) and Master Netting & Security Agmnt 10 h v1
(to use with collateral annex).

 <<Master Netting & Security Agmnt 10 h a v1.doc>>  <<Master Netting &
Security Agmnt 10 h v1.doc>>


Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732
(713) 646-3393 (fax)
mary.cook@enron.com



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==============================================================================
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==============================================================================

 - MASTER NETTING & SECURITY AGMNT 10 H V1 RED.DOC << File: MASTER NETTING & SECURITY AGMNT 10 H V1 RED.DOC >> 
 - Master Netting User Notes.doc << File: Master Netting User Notes.doc >> 
 - Master Netting & Security Agmnt 10 h a v1.doc << File: Master Netting & Security Agmnt 10 h a v1.doc >> 
 - Master Netting & Security Agmnt 10 h v1.doc << File: Master Netting & Security Agmnt 10 h v1.doc >> 

--------- Inline attachment follows ---------

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MHEARD>
Date: Tuesday, October 30, 2001 5:59:24 GMT
Subject: