Message-ID: <29691525.1075844505891.JavaMail.evans@thyme> Date: Thu, 29 Jun 2000 07:58:00 -0700 (PDT) From: clint.freeland@enron.com To: jeff.nogid@enron.com Subject: Re: SWAP Terms Cc: sara.shackleton@enron.com, laurel.adams@enron.com, jo.zepeda@enron.com, jill.erwin@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: sara.shackleton@enron.com, laurel.adams@enron.com, jo.zepeda@enron.com, jill.erwin@enron.com X-From: Clint Freeland X-To: Jeff Nogid X-cc: Sara Shackleton, Laurel Adams, Jo Zepeda, Jill Erwin X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\Notes inbox X-Origin: SHACKLETON-S X-FileName: sshackle.nsf All - I spoke with John Greene about this issue this morning, and he said that he would handle it. It is not customary to sign term sheets. I put Peter Barna (Merrill Lynch) in direct contact with John with the understanding that they would work out the details (including the signature). I asked them to forward the confirmation to us when it was ready. So, in short, there shouldn't be anything that we need to do on this. CF Enron Global Finance From: Jeff Nogid @ ECT 06/29/2000 02:48 PM To: Clint Freeland/Corp/Enron@Enron cc: Subject: SWAP Terms ---------------------- Forwarded by Jeff Nogid/HOU/ECT on 06/29/2000 02:44 PM --------------------------- Enron Global Finance From: Jeff Nogid 06/29/2000 02:27 PM To: Sara Shackleton/HOU/ECT@ECT cc: Laurel Adams/HOU/ECT@ECT Subject: SWAP Terms ---------------------- Forwarded by Jeff Nogid/HOU/ECT on 06/29/2000 02:23 PM --------------------------- Laurel Adams 06/29/2000 11:52 AM To: Jeff Nogid/HOU/ECT@ECT, Jo Zepeda/HOU/ECT@ECT, Jill Erwin/HOU/ECT@ECT cc: Subject: SWAP Terms Who in Corporate Legal would be the correct person to initial this document? Or, would it be the Corp. trader? Jeff, you may be able to sign off your agreement with the terms--I'm not sure that they are looking for a legally authorized signatory, but as I have no idea what Corp. intended to trade, I'm thinking you don't want me signing it. Please advise ASAP! ---------------------- Forwarded by Laurel Adams/HOU/ECT on 06/29/2000 11:49 AM --------------------------- Enron North America Corp. From: Selena Reyes 06/29/2000 10:52 AM To: Laurel Adams/HOU/ECT@ECT cc: Subject: SWAP Terms Laurel, Attached is a term sheet from Merrill Lynch on ENE stock that we traded yesterday in swap on behalf of Corp. ML is requesting that someone sign the term sheet. Can you forward this to legal and find out who would be the right person to sign the term sheet. I think it may be of an urgent matter b/c we are trading with them today. Keep me posted. Thanks, Selena ---------------------- Forwarded by Selena Reyes/HOU/ECT on 06/29/2000 10:48 AM --------------------------- "Barna, Peter (Equity Capital Markets)" on 06/28/2000 05:14:46 PM To: "'john.greene@enron.com'" , "'david.vitrella@enron.com'" , "'selena.reyes@enron.com'" cc: "Maanavi, Dariush (CICG-GEDNY)" , "Lyons, Maureen (CICG-GELPNY)" Subject: SWAP Terms <> <> John, Attached is a termsheet and execution summary for the ENE swap entered into today. If we dont get to 1mm shares by Friday we are happy to tranche the swap based on the number of shares executed at that time. Please give me a call if you have any questions or comments. We will give you a call in the morning to discuss if you would like us to continue our hedging activity. Thank you. - ENE_TRR-Swap_6_27_legal.doc - ENE_6_28_swap.xls