Subject: FW: EEI Master Power Purchase and Sale Agreement - MidAmerican En ergy Company
From: [email-masked]
To: [email-masked], [email-masked]
Cc: [email-masked], [email-masked]
Date: Tue, 6 Nov 2001 11:35:47 -0800 (PST)

Attached is MidAmerican 's response to our EEI coversheet-- not many open issues left, but several which are credit-oriented, including changes to the 'stairstep'  numbers on CSA Par 10.  I have received a call from Brian Weise today -- he said he hoped to finish this today.  Please note that we have open trades with MidAmerican, shown on the Exhibit A below, which are on long-form confirmations which in several cases are not countersigned by MidAmerican. Pleaese review the attachments  and contact me with you comments.  David  

 -----Original Message-----
From: 	"Wiese, Brian J" <[email-masked]>@ENRON  
Sent:	Tuesday, November 06, 2001 12:06 PM
To:	Portz, David
Subject:	RE: EEI Master Power Purchase and Sale Agreement - MidAmerican En	ergy Company

David, 
Sorry for the delay.  Here are drafts of the EEI Coversheet, Collateral Annex, and Paragraph 10 of the Collateral Annex.
The only change on the Collateral Annex is the legal name on your end.  Our contract is with "Enron Power Marketing, Inc.", not "Enron Corp."
On Paragraph 10 of the Collateral Annex, there are two changes:  First, I have adjusted the threshold amounts for Enron Power Marketing, Inc. to reflect MidAmerican's credit policy.  Second, I have indicated that MidAmerican prefers Letters of Credit as collateral and would prefer not to exchange cash.
On the Coversheet, most changes (there aren't very many) are more editorial in nature.  The substantive issues appear to be related to Section 2.4 Transaction Terms and Conditions, Section 6.2 Timeliness of Payment, and the new section pertaining to Confirmation of EOL Transactions.
On Attachment A, I have also referenced a specific Schedule P product (Into Cinergy, Seller's Daily Choice)for the pre-existing transactions.
I think that we can resolve the remaining issues in a phone call and would like to do so as soon as possible (even today if that works).  
Please let me know if this will be possible. 
Thank you, 
Brian Wiese 
-----Original Message----- 
From: Portz, David [mailto:[email-masked] ] 
Sent: Friday, October 19, 2001 3:23 PM 
To: Wiese, Brian J 
Cc: Denton, Rhonda L.; Wright, Alice; Sacks, Edward 
Subject: RE: EEI Master Power Purchase and Sale Agreement - MidAmerican 
Energy Company 
[Resending with correctly identified attachments.] 
>  -----Original Message----- 
> From:         Portz, David  
> Sent: Friday, October 19, 2001 3:08 PM 
> To:   [email-masked]' 
> Cc:   Denton, Rhonda L.; Wright, Alice; Sacks, Edward 
> Subject:      FW: EEI Master Power Purchase and Sale Agreement - 
> MidAmerican Energy Company 
> Importance:   High 
> 
>  Brian -- As previously discussed, attached is a revised draft EEI 
> cover sheet, with proposed credit numbers, responses to your comments, 
> and certain additional provisions reflecting new Enron 
> policies/programs/boilerplate put into effect since circulation to you 
> of the initial template.  I would be happy to discuss these on the 
> phone with you in advance of your review so you know where EPMI   is 
> coming from as to ceratin of your requested revisions. 
> 
>    Also as discussed, attached below is (i) an Attachment A showing 
> open trades  which would be brought under an EEI,  (ii) a Collateral 
> Support Annex, in the format currently up for approval in the EEI CSA 
> Working Group, (iii) a separate Paragraph 10 indicating elections of 
> the parties as to collateral and (iv)  'Attachments', largely 
> comprised of EEI Master boilerplate, but exhibiting the format of 
> Guaranty that Enron Corp. executes in the wholesale power trading 
> context. 
> 
>     Please respond at your earliest opportunity with any questions or 
> comments you may have. --David (tel.: 713-853-9239) 
> 
> 
>   coversheet         <<MidAmerican Energy Coversheet 
> 9-28-01redlined1.doc>>  
> 
> 
>   Attachment A (showing open trades)    <<midamerican.xls>>    
> 
> 
> 
>   Par. 10  <<MidAmerican Energy Company Paragraph 10 10-18-01.doc>>  
> 
> 
> 
>   CSA  <<MidAmerican Energy Company Annex 10-18-01.doc>> 
> 
> 
> 
>   Attachments, including Form of Enron Corp. Gty      <<MidAmerican 
> Energy Attachments.doc>>  
> 
> 
>   
> 
>  -----Original Message----- 
> From:         Fitzgerald, Genia  
> Sent: Thursday, June 14, 2001 10:07 AM 
> To:   Denton, Rhonda; Sacks, Edward; Conwell, Wendy; Ngo, Tracy; 
> Portz, David 
> Subject:      FW: EEI Master Power Purchase and Sale Agreement - 
> MidAmerican En        ergy Company 
> Importance:   High 
> 
> 
> FYI 
>  -----Original Message----- 
> From:         "Wiese, Brian J" <[email-masked]>@ENRON 
> [mailto:IMCEANOTES-+22Wiese+2C+20Brian+20J+22+20+3CBJWiese+40midameric  
> [email-masked]] 
> Sent: Thursday, June 14, 2001 8:50 AM 
> To:   Fitzgerald, Genia 
> Subject:      RE: EEI Master Power Purchase and Sale Agreement - 
> MidAmerican En        ergy Company 
> 
> 
> Genia, 
> I have attached a draft of the EEI Coversheet marked up with 
> MidAmerican's comments.  I have also made some initial suggestions 
> with regard to credit terms.  Sorry for the delay in getting this 
> turned around.  Please feel free to call me at (515) 281-2618 with any 
> questions or concerns. 
> Brian Wiese 
> Risk Manager 
> MidAmerican Energy Company 
> (515) 281-2618      << File: MidAmerican Energy Attachments.doc >> 
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********************************************************************** 
  
 - MidAmerican Energy Coversheet 06Nov01.doc 
 - MidAmerican Energy Company Paragraph 10 10-18-01.doc 
 - MidAmerican Energy Company Annex 10-18-01.doc 
 - EEI Attachment A.xls