Message-ID: <33410837.1075859517339.JavaMail.evans@thyme>
Date: Wed, 15 Mar 2000 03:17:00 -0800 (PST)
From: elizabeth.sager@enron.com
To: david.portz@enron.com
Subject: Revised Formosa Term Sheet
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---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 03/15/2000 
11:17 AM ---------------------------


Ray Hoppe@ENRON
03/14/2000 05:05 PM
To: Kellie Metcalf/Corp/Enron@ENRON, Doug Gilbert-Smith/Corp/Enron@ENRON, 
Elizabeth Sager/HOU/ECT@ECT, Mike Curry/HOU/ECT@ECT
cc: Berney C Aucoin/HOU/ECT@ECT, Rodney Malcolm/HOU/ECT@ECT 
Subject: Revised Formosa Term Sheet

Here is the Formosa Term Sheet that spells out a straight-forward tolling 
arrangement.  After further discussion, I have eliminated sharing options.  
We will use this as a starting point and if Formosa insists on a sharing 
alternative, we will address that at that point.