Message-ID: <31215955.1075844550093.JavaMail.evans@thyme> Date: Fri, 5 May 2000 04:30:00 -0700 (PDT) From: sara.shackleton@enron.com To: susan.flynn@enron.com Subject: SITA Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Sara Shackleton X-To: Susan Flynn X-cc: X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\Sent X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Please put attached in the SITA file. The ISDA parties are ENA and SITA. Michael Khajeh-No in the London office will be negotiating this agreement with SITA on behalf of ENA. ---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/05/2000 12:27 PM --------------------------- Michael Khajeh-Noori 05/05/2000 10:54 AM To: Sara Shackleton/HOU/ECT@ECT cc: Edmund Cooper/LON/ECT@ECT, Mark Elliott/LON/ECT@ECT, Deepak Sitlani/LON/ECT@ECT Subject: SITA Sara In advance of your calling me later this afternoon, I set out below some thoughts the issues to be discussed: 1. Jurisdiction - under the English law Annex the preferable route is recourse to the courts - I can confirm that this is Enron London's policy. 2, Non-reliance: From our telephone conversation yesterday, I understood that you said that the CP would be relying on us. I believe that this should not be the case and the usual non-reliance provisions should apply. If this is not the case, then 3. the additional para. (h) that you faxed me earlier today, I am informed, is unnecessary. I also understand that the practical effect of those provisions might be to scare the CP. Please call me so that we can discuss any of the above and/or to confirm that you are happy for the documents to go out to the CP. Thanks Michael