Message-ID: <28698873.1075854171445.JavaMail.evans@thyme> Date: Fri, 25 Feb 2000 08:38:00 -0800 (PST) From: daren.farmer@enron.com To: ami.chokshi@enron.com, stacey.neuweiler@enron.com, pat.clynes@enron.com Subject: EOL killed deals Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Daren J Farmer X-To: Ami Chokshi, Stacey Neuweiler, Pat Clynes X-cc: X-bcc: X-Folder: \Darren_Farmer_Dec2000\Notes Folders\'sent mail X-Origin: Farmer-D X-FileName: dfarmer.nsf ---------------------- Forwarded by Daren J Farmer/HOU/ECT on 02/25/2000 04:29 PM --------------------------- Enron North America Corp. From: Sheri Thomas 02/25/2000 04:18 PM To: Mark Friedman/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, William Kelly/HOU/ECT@ECT, Kathryn Cordes/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Robert Superty/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, George Smith/HOU/ECT@ECT cc: Sally Beck/HOU/ECT@ECT, Louise Kitchen/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT Subject: EOL killed deals Over the past several weeks, we have seen an increase in the number of "killed" or modified EOL transactions. Please remind each of your respective groups that this is not an option. Once a customer "clicks" on a deal, we have a valid, binding contract. We lose our audit trail, and we can potentially expose ourselves from a Legal standpoint. I talked to Mark Taylor about this today, and the best option is for Legal to prepare a termination agreement when we agree to let a customer out of a deal. We (Product Control) should be notified immediately if someone is requesting to change an EOL deal. You can call either myself, Jennifer Denny (x35824), Frank Davis (x37235), or Dale Neuner (39746). Call me if you have any questions. Sheri x36557