Subject: Energy Marketing Services Deal Templates, and credit annex
From: [email-masked]
To: [email-masked], [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Date: Fri, 9 Nov 2001 08:15:47 -0800 (PST)

As discussed with Tom today, and a while ago with Ed, I'm forwarding for your review and comment the current state of development of several Energy Marketing Service Agreement templates.  These are all prepared solely as to the marketing of power, and do not cover provision of fuel or performing any origination work for Customers.  The templates attached are: (1) the hourly/day-ahead template (or "extreme short form EMSA"), unchanged from what was circulated 9-7-01 for comment, (2) an EMSA for use with a Customer owning a generator (similar to Mobile, SPSA situation), (3) an EMSA template for use with a Customer owning a mix of purchased power (under "PPAs") and generation, (together referenced as "Resources"), and (4) a credit support annex, for use when appropriate with the forms referenced as items 2 and 3.  Please pay particular attention to the draft Exhibit A to the item 2 & 3 templates, where the manner in which services will be compensated remains to be worked out.  Redlining in the "PPA & Gen" EMSA template (Item 3) mostly indicates changes from the "Gen only" template (Item 2).   Please come back to me with questions, comments, or redlines of any changes you may want to suggest.  --David

(1) "extreme short form EMSA"   
(2)  EMSA for use with a Customer owning a generator   
(3) EMSA for use with a Customer owning a mix of purchased power (under "PPAs") and generation   

(4) credit support annex, for use when appropriate with items 2 and 3 .