Sara,

Let's discuss when you have a minute or two.  I'll start reading through this 
now.

John
---------------------- Forwarded by John Suttle/HOU/ECT on 06/08/2000 10:12 
AM ---------------------------


"Noble, Kimberly" <noblek@hmc.harvard.edu> on 06/08/2000 10:05:56 AM
To: "'jsuttle@enron.com'" <jsuttle@enron.com>
cc:  
Subject: ISDA Master Agreement and Credit Support Annex with President & F 
ellows of Harvard College


John:

Attached are the ISDA and CSA which reflect our earlier discussions.

As you will see, these documents contemplate L/Cs as collateral. We think
that the L/C provisions as written would work well for both of us, but are
open to your ideas on the form of the L/C and other mechanics in view of the
fact that you probably have more experience with this form of collateral for
ISDA trading relationships than we do.

Please take a look, forward to the appropriate person in the ENRON legal
group and give me a call to discuss.

Best Regards,


Kim Noble
Director of Counterparty Risk
617 720 6762 (phone)
617 878 6762 ( fax)


 <<Enron Addendum to CSA.DOC>>  <<Enron ISDA swap schedule.DOC>>


 - Enron Addendum to CSA.DOC
 - Enron ISDA swap schedule.DOC