Message-ID: <13754531.1075861930104.JavaMail.evans@thyme> Date: Thu, 8 Nov 2001 17:38:07 -0800 (PST) From: harlan.murphy@enron.com To: marie.heard@enron.com Subject: FW: Revised Master Agreement Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Murphy, Harlan X-To: Heard, Marie X-cc: X-bcc: X-Folder: \MHEARD (Non-Privileged)\Heard, Marie\Inbox\master netting X-Origin: Heard-M X-FileName: MHEARD (Non-Privileged).pst Harlan E. Murphy Enron Wholesale Services - Legal 1400 Smith Street, EB 3811 Houston, Texas 77002 Tel: 713.345.2679 Fax: 713.646.3490 E-mail: Harlan.Murphy@Enron.com -----Original Message----- From: Ernie.Kohnke@dynegy.com@ENRON Sent: Thursday, November 08, 2001 4:57 PM To: Murphy, Harlan Subject: Revised Master Agreement Har, At long last, attached please find the revised agreement, in redline and in final. My instructions were to prepare execution copies, have them signed on behalf of the various Dynegy entities, and they are being hand delivered to Mr. Bradford in your credit group for execution on behalf of the various Enron entities. I also prepared guaranty agreements from Dynegy Holdings and from Enron Corp., each of which has been either executed or acknowledged on behalf of Dynegy. The decision upstairs was that this final version was "take it or leave it" for Enron. A summary of the major changes: 1. All margining language and references to Collateral were removed. 2. All operating Underlying Master Agreements were included. 3. The "Group" payment concept was eliminated in Section 4 because it was not clear who would actually be making the payment. Thanks. Ernie (See attached file: Enron Mstr Net 11-8.doc)(See attached file: Enron Mstr Net 11-8 Final.doc) - Enron Mstr Net 11-8.doc - Enron Mstr Net 11-8 Final.doc