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       jbutler@pnm.com




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

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MHEARD>
To: jbutler@pnm.com
CC: Williams, Jason R (Credit) </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JWILLI10>
Date: Monday, November 26, 2001 10:46:10 GMT
Subject: 

Mr. Butler:

Pursuant to your request, attached is our form master netting agreement.
Please do not hesitate to contact us with any questions or comments.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com


				 <<Master Netting & Security Agmnt 10 h
v1.doc>> 	 <<Master Netting Agreement Credit Support Annex 10
d.doc>>