Message-ID: <26216596.1075858815250.JavaMail.evans@thyme>
Date: Tue, 2 Oct 2001 13:25:49 -0700 (PDT)
From: tammy.botsford@morganstanley.com
To: sara.shackleton@enron.com
Subject: Commodity Futures Customer Agreement
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Sara,

I'm attaching a draft of the futures agreement to "get the ball rolling"
again.  I believe I have included the terms you indicated were most
important.  One item I would like to bring to your attention is the
arbitration clause.  Morgan Stanley prefers to litigate disputes, but I
can agree to NFA arbitration rather than litigation.  I know New York is
our preferred location, and Texas is yours, so I thought that holding
the arbitration in Chicago might equally inconvenience us.   Please let
me know if this works for you.

Regards,

Tammy

 - 1_Redline Enron Cust Agr.doc