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Date: Thu, 4 Jan 2001 06:42:00 -0800 (PST)
From: michael.o.sandridge@us.abb.com
To: ben.jacoby@enron.com, kay.mann@enron.com
Subject: Contract comments
Cc: david.onuscheck@us.abb.com, karla.hesketh@us.abb.com
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Ben/Kay,
After reviewing the contract with Dave we found only a couple of points that 
we
would like to mention;
1) 1.48 the Maximum Liability Amount should be $768,000 USD
2) The unit will not be delivered until the last 10% (ten percent) retention 
is
paid and we will post the surety bond as shown in in Exhibit D
3) ABB would not buy back the unit except from Enron.

Please let me know if there is any way that we may further assist you.

MIKE
