Message-ID: <10606640.1075842235846.JavaMail.evans@thyme> Date: Fri, 9 Mar 2001 02:24:00 -0800 (PST) From: gary.lamphier@enron.com To: dan.hyvl@enron.com Subject: Re: Latest Contract Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Gary W Lamphier X-To: Dan J Hyvl X-cc: X-bcc: X-Folder: \Dan_Hyvl_Dec2000_June2001\Notes Folders\All documents X-Origin: HYVL-D X-FileName: dhyvl.nsf Please review and comment ---------------------- Forwarded by Gary W Lamphier/HOU/ECT on 03/09/2001 10:24 AM --------------------------- "Michael D. Ansell" on 03/08/2001 04:15:01 PM To: cc: "Irene Kowalczyk" Subject: Re: Latest Contract Gary, There are three changes: 1) When you converted the former CONTRACT PRICE #3 to a MinDQ cash out clause, the idea of cashing out the DCQ was lost. I copied the clause from a previous version and added a debit or credit sentence. 2) I put in a point 4 under Contract Price to capture the idea that if Westvaco was going to have a Shutdown during the month, we could call you and you could get out of you position with the advanced warning, therefore we could avoid the cashout. 3) Finally at the end of the Contract Price section, I put language to incorporate the idea that fixed pricing would be included in the DCQ. Please call and we can discuss. Thanks, Michael Michael D. Ansell Westvaco Corporation Manager, Energy Telephone - (804) 327 - 6197 Fax. - (804) 327 - 6334 >>> 03/05/01 06:07PM >>> Sentence has been changed. Fixing a price added. Unfortunately MINDQ stays. (See attached file: westvacoK3.doc) - draftenroncontract2.doc