Message-ID: <611124.1075844924361.JavaMail.evans@thyme> Date: Tue, 24 Apr 2001 02:43:00 -0700 (PDT) From: sara.shackleton@enron.com To: chris.foster@enron.com Subject: Re: Confimation Template ("Merchant") Cc: melissa.murphy@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: melissa.murphy@enron.com X-From: Sara Shackleton X-To: Chris H Foster X-cc: Melissa Ann Murphy X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Sent X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Chris: We should chat. Per the ISDA, ENA is the calc agent and we have already agreed to usual Market Disruption Events and fallbacks in the ISDA. If you want to change the ISDA agreement, then we can consider the items which Merchant has included in the draft. As calc agent, we should create a draft and send the form to you for review. However, I do need you to explain/verify Floating Price B. And verify rounding convention which differs from our standard. Please call to discuss. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com Chris H Foster 04/23/2001 06:49 PM To: Sara Shackleton/HOU/ECT@ECT cc: Subject: Confimation Template Sara: I am looking at a transaction with MErchant Energy Group. We have an ISDA with them. It is a financial tolling deal where we will be a fixed price payor for power and gas and we will pay them an option premium. They forwarded the attached pro forma to illustrate how the deal would be papered. Can you please review the attached and let me know if it looks OK or what changes are required? They indicated an interest to transact late this week or early next. C ---------------------- Forwarded by Chris H Foster/HOU/ECT on 04/23/2001 04:31 PM --------------------------- Enron Capital & Trade Resources Corp. From: "Brock, Travis" 04/23/2001 02:30 PM To: "Chris Foster (E-mail)" cc: Subject: Confimation Template Attached is a sample confirmation template for 100 MW's Sep01-Nov01. We can use this as a starting point. <> Travis J. Brock Merchant Energy Group of the Americas brockt@merchantenergy.com Phone: (410) 295-1734 Fax: (410) 295-1705 CONFIDENTIALITY NOTICE: This e-mail may contain TRADE SECRET, PRIVILEGED AND/OR CONFIDENTIAL INFORMATION intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not copy or deliver this to anyone else. If you received this e-mail by mistake, please immediately notify us by returning the original message to the sender. - Swap Confirm Template.doc