Message-ID: <24318864.1075862276893.JavaMail.evans@thyme> Date: Tue, 6 Nov 2001 10:18:37 -0800 (PST) From: rod.hayslett@enron.com To: mitch.taylor@enron.com Subject: FW: Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Hayslett, Rod X-To: Taylor, Mitch X-cc: X-bcc: X-Folder: \RHAYSLE (Non-Privileged)\Hayslett, Rod\Sent Items X-Origin: Hayslett-R X-FileName: RHAYSLE (Non-Privileged).pst Can you help me out here? I don't know what the purpose of the language is but I think from a purist point of view that it is accurate. -----Original Message----- From: John.O'Shea@dynegy.com [mailto:John.O'Shea@dynegy.com] Sent: Tuesday, November 06, 2001 12:10 PM To: Hayslett, Rod Subject: RE: ----- Forwarded by John O'Shea/HOU/Dynegy on 11/06/01 12:09 PM ----- John O'Shea To: Joshua.Davidson@bakerbotts.com 11/06/01 12:02 cc: PM Subject: RE:(Document link: John O'Shea) Define Working Capital as cash plus accounts receivable plus investories plus material and supplies plus exchange gas receivable plus prepayments less accounts payable less exchange gas payable. Joshua.Davidson@bake rbotts.com To: John.O'Shea@dynegy.com cc: 11/06/01 11:44 AM Subject: RE: We do, but this can be very company specific on exactly how people define it. -----Original Message----- From: John.O'Shea@dynegy.com [mailto:John.O'Shea@dynegy.com] Sent: Tuesday, November 06, 2001 11:42 AM To: Joshua.Davidson@bakerbotts.com Subject: RE: Yes. I assume that you have boiler plate language that we can start from. Joshua.Davidson@bake rbotts.com To: John.O'Shea@dynegy.com cc: 11/06/01 11:41 AM Subject: RE: You capitalized Working Capital. Will you want to define it in this agreement? -----Original Message----- From: John.O'Shea@dynegy.com [mailto:John.O'Shea@dynegy.com] Sent: Tuesday, November 06, 2001 10:58 AM To: joshua.davidson@bakerbotts.com Subject: (See attached file: Option Agreement.DOC)