Subject: FW: form of master netting
From: [email-masked]
To: [email-masked], [email-masked]
Cc: [email-masked], [email-masked]
Date: Wed, 31 Oct 2001 11:05:45 -0800 (PST)

Forwarded as a follow-up on my e-mails earlier today (Mary: AEP's effeort to trim out the CSA formthe Master Netting Agr.). --David

 -----Original Message-----
From: 	[email-masked]@ENRON  
Sent:	Wednesday, October 31, 2001 1:01 PM
To:	Sager, Elizabeth
Cc:	Portz, David; [email-masked]; Bradford, William S.; [email-masked]; [email-masked]
Subject:	RE: form of master netting

Attached is a redline of the Master Netting Agreement.  We are narrowing it
to limit it to being a set off agreement.  In this way we can avoid having
to go through the threshold issues and collateral management issues, which
in light of the fact we don't have a Collateral Annex are not
insignificant.  Please review it and call me with you comments.  We are
continuing our review and may have additional changes.  In addition, we are
complying a list of the AEP companies which will need to be included.(See
attached file: 86034.DOC)

David Musselman
614.324.5047

------------------------------------------------------------------------------------------------

This e-mail message from the Legal Department of American Electric
Power is for the sole use of the intended recipient(s) and may contain
confidential and privileged information.  Any unauthorized review, use,
disclosure or distribution is prohibited.  If you are not the intended
recipient, please contact the sender by reply e-mail and destroy all
copies of the original message.
 - 86034.DOC