Message-ID: <32665683.1075859761691.JavaMail.evans@thyme> Date: Tue, 19 Dec 2000 10:30:00 -0800 (PST) From: mark.haedicke@enron.com To: mark.frevert@enron.com, david.delainey@enron.com, greg.whalley@enron.com Subject: Accomplishments for the Year 2000 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mark E Haedicke X-To: Mark Frevert, David W Delainey, Greg Whalley X-cc: X-bcc: X-Folder: \Mark_Haedicke_Jun2001\Notes Folders\Accomplishments X-Origin: Haedicke-M X-FileName: mhaedic.nsf My accomplishments for the year 2000 include the following: 1. EEI Form Master Power Contract -- ENA Legal led the industry development of the first master power contract. The form is rapidly becoming the industry standard for North America and in the process dramatically lowering costs and increasing liquidity. In October, we put an EEI into place with PG&E with the result that Enron credit exposure is $50,000,000 less than under the prior contract. 2. New Legal Risk Rating Methodology -- implemented a legal rating system which simplifies the review of legal risks and makes it much easier to determine whether or not we are being appropriately compensated for the legal risks. 3. EWS Legal Website for Training -- website has gone live for training regarding all major EWS legal issues. This website will reduce training costs and increase availability of training to all employees. 4. Developing New Businesses -- integral part of developing and structuring Enron Online, bandwidth trading, equity trading, Clickpaper.com, insurance, pulp, coal, Japan and Australia. 5. Litigation Settlements -- many disputes were settled favorably including Fort James, California Px, TVA and BPA. 6. Deal Machine Never Stops -- projects having lots of complex legal issues cutting across multiple disciplines including MG Metals, Las Vegas Cogen II, Pastoria, sale of the Peakers, sale of HPL, Electrobolt, JV with Texaco (Bridgeline), posting agreements for Enron Online, East Coast Power, QF restructurings like Motown, Project Summer (sale of international assets) and on and on. 7. Deregulation of Energy Trading -- ENA legal formed an energy coalition and worked through ISDA and our Washington office to pass legislation to significantly reduce CFTC oversight of ENA's trading business. 8. Management -- built a deal-oriented team that understands the underlying businesses and is working to share the legal technology across Enron.