Message-ID: <5278898.1075842086705.JavaMail.evans@thyme>
Date: Fri, 28 Apr 2000 06:35:00 -0700 (PDT)
From: carol.clair@enron.com
To: david.forster@enron.com
Subject: kennecott
Cc: mark.taylor@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: mark.taylor@enron.com
X-From: Carol St Clair
X-To: David Forster
X-cc: Mark Taylor
X-bcc: 
X-Folder: \Carol_StClair_Dec2000_1\Notes Folders\All documents
X-Origin: STCLAIR-C
X-FileName: cstclai.nsf

David:
Here is a draft of the ETA amendment letter that we have been discussing with 
Kennecott.  It includes my proposed modifications to deal with giving them 
the termination right which I have highlighted.  The current ETA states that 
all notices become effective immediately.  I have inserted in my language a 3 
day period after we receive a termination notice before it becomes 
effective.  This creates a difference between Us and our Counterparty's since 
our termination notice would become effective immediately.  What do you 
think?  Do we need this 3 day period or are you okay with having their 
termination notice becoming effective on the date of our receipt?
Carol

 