Jeff:

What would be your interpretation of CTC rolloff as contemplated in our
contracts and what actually happened to CTC's in California?

> -----Original Message-----
> From:	Smith,Mike 
> Sent:	Wednesday, November 14, 2001 4:18 AM
> To:	Klemm, Aaron
> Subject:	RE: CTC's and collars after rolloff
> 
> It don't think it has.  You might check with Dasovich--he will have a much
> better view.  MDS
> 
> 
> From:	Aaron Klemm/Western Region/The Bentley Company@Exchange on
> 11/13/2001 04:48 PM
> To:	Mike D Smith/HOU/EES@EES
> cc:	 
> Subject:	RE: CTC's and collars after rolloff
> 
> Mike:
> 
> I received a customer inquiry related to CTC rolloff and their pricing.
> 
> The contracts are a percent off of frozen tariff before CTC rolloff and a
> collar after.  What is the legal interpretation of CTC rolloff and has
> that occurred in the cases of these contracts?
> 
> 	-----Original Message-----
> 	From:	Smith,Mike 
> 	Sent:	Tuesday, November 13, 2001 2:12 PM
> 	To:	Klemm, Aaron
> 	Subject:	CTC's and collars after rolloff
> 
> 	Please let me know what you want to do here and why.  Thanks.
> 	---------------------- Forwarded by Mike D Smith/HOU/EES on
> 11/13/2001 04:11 PM ---------------------------
> 
> 	 <<...>> 
> 	Elizabeth Wright
> 	11/13/2001 03:04 PM
> 	To:	Mike D Smith/HOU/EES@EES
> 	cc:	 
> 	Subject:	CTC's and collars after rolloff
> 
> 	Mike,
> 
> 	I would be happy to do this for Aaron, but I wanted to check with
> you and see if it is something that you want me to be doing or if it
> should go to someone who's already worked with these contracts.
> 
> 	Thanks,
> 	Elizabeth
> 	---------------------- Forwarded by Elizabeth Wright/HOU/EES on
> 11/13/2001 03:01 PM ---------------------------
> 	From:	Aaron Klemm/Western Region/The Bentley Company@Exchange on
> 11/13/2001 02:44 PM
> 	To:	Elizabeth Wright/HOU/EES@EES
> 	cc:	Timothy C Versacci/HOU/EES@EES, Kyle Larson/Western
> Region/The Bentley Company@Exchange, Tom Riley/Western Region/The Bentley
> Company@Exchange, Kevin Keeney/HOU/EES@EES 
> 	Subject:	CTC's and collars after rolloff
> 
> 	Elizabeth:
> 
> 	Would you please review the contracts for Gart Sports, Brinker,
> Gilbert Martin for the pricing provision that when CTC's end they move to
> a collar pricing.
> 
> 	I have a customer inquiring about this contractual distinction.
> Thanks.
> 
> 
> 	Aaron Klemm
> 	Service Management
> 	714-429-8125
> 	714-434-7075
> 
> 
> 
> 
> 
> 
> 
>