Sara,
As per our discussion last week, we have agreed upon all changes to the client
agreement with the exception of the interest issue - which was under review by
your business people.

Can you please provide me with a status update?
If you prefer, our salesperson is more than happy to discuss the issue with 
your
business people.
Please forward the appropriate contact name or number, or have then call 
Michael
Schneider directly at  (212) 648-1164.

Many thanks for your assistance with this matter.

Regards,
Corinne




Corinne A Samon
02/28/2001 11:05 AM

To:   Sara.Shackleton@enron.com
cc:
Subject:  Re: futures agreement  (Document link not converted)

Sara,
We are in agreement with your proposed changes to the arbitration language.

I await your reply concerning the rest of the comments to the client 
agreement.

Regards,
Corinne 6-4292



Sara.Shackleton@enron.com on 02/27/2001 06:33:48 PM

To:   samon_corinne@jpmorgan.com
cc:
Subject:  Re: futures agreement





Corinne:

Attached is your arbitration language (marked) and our arbitration text.  I
hope this does it!  Thanks.

(See attached file: JPMorganarbitrationR1.doc)

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com



                    "Corinne A Samon"
                    <samon_corinne@jpm        To:     
Sara.Shackleton@enron.com
                    organ.com>                cc:
                                              Subject:     Re: futures 
agreement
                    02/27/2001 02:58
                    PM






Sara,
Thank you for your fax.
Section 180.3 of the CEA prohibits us from agreeing to any settlement
procedure/forum ahead of time.  JPMFI, in accordance with 180.3, will offer
3
forums - which will include AAA.  If Enron chooses AAA, the arbitration
will be
subject to the provisions specified in your fax dd 2/26/2001.

Attached is JPM's proposed language for the arbitration agreement.

(See attached file: ARBITRATION AGREEMENT.doc)

If you are in agreement with the language, please forward Enron's proposed
language (detailed in your 2/26 fax) electronically (if available).

Thank you and Regards,
Corinne






Sara.Shackleton@enron.com on 02/26/2001 12:36:22 PM

To:   samon_corinne@jpmorgan.com
cc:
Subject:  futures agreement




Corinne:

I just sent you a fax re:  arbitration.

I have not heard from your salesperson re:  interest schedule for debit
rate (Sec. 2) and credit rate (Sec. 6).  Thanks.


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com




(See attached file: ARBITRATION AGREEMENT.doc)



 - JPMorganarbitrationR1.doc
 - ARBITRATION AGREEMENT.doc