Message-ID: <11102958.1075844785223.JavaMail.evans@thyme>
Date: Thu, 7 Jun 2001 01:53:00 -0700 (PDT)
From: stephanie.panus@enron.com
To: pjacob@wexford.com
Subject: Letters of Credit
Cc: paul.radous@enron.com, sara.shackleton@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: paul.radous@enron.com, sara.shackleton@enron.com
X-From: Stephanie Panus
X-To: pjacob@wexford.com
X-cc: Paul Radous, Sara Shackleton
X-bcc: 
X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Notes inbox
X-Origin: SHACKLETON-S
X-FileName: sshackle.nsf

In connection with the proposed ISDA Master Agreement between Valentis 
Investors, LLC and Enron North America Corp., attached are the Letter of 
Credit Provisions and a form of Letter of Credit.

Stephanie Panus
Sr. Legal Specialist
Enron North America Corp.
1400 Smith Street, EB3806
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490