Message-ID: <17153585.1075854529103.JavaMail.evans@thyme> Date: Mon, 18 Dec 2000 09:10:00 -0800 (PST) From: david.delainey@enron.com To: brett.wiggs@enron.com Subject: Additional Language Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: David W Delainey X-To: Brett R Wiggs X-cc: X-bcc: X-Folder: \David_Delainey_Jun2001\Notes Folders\Discussion threads X-Origin: Delainey-D X-FileName: ddelain.nsf Brett, this looks fine. Regards Delainey ---------------------- Forwarded by David W Delainey/HOU/ECT on 12/18/2000 05:10 PM --------------------------- Brett R Wiggs@ENRON 12/18/2000 04:50 PM To: David W Delainey@ECT cc: Subject: Additional Language Dave: The following is the additional language I discussed. Please let me know if this is acceptable. Thanks, Brett Section 24.14 Purchase Option. Within ninety (90) Days following the Execution Date, each of PETROBRAS and SFE agree to discuss the potential option of PETROBRAS or one of its Affiliates to purchase all of the outstanding equity interests in SFE following the Term of this Agreement. Each of PETROBRAS and SFE agree that unless definitive documentation is executed regarding such potential sale, no such discussions shall be binding on either PETROBRAS or SFE. Each of PETROBRAS and SFE shall have no obligation to enter into any transaction regarding such proposed sale. Nothing in this Section 24.14 shall be deemed as a condition to the performance of any Party under this Agreement and the failure to effect such sale shall in no way relieve any Party of any obligation set forth herein.