Message-ID: <26721361.1075860028496.JavaMail.evans@thyme> Date: Wed, 18 Oct 2000 07:00:00 -0700 (PDT) From: david.facey@bchydro.bc.ca To: mark.taylor@enron.com Subject: Contracts For Differences Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Facey, David" X-To: "'mark.taylor@enron.com'" X-cc: X-bcc: X-Folder: \Mark_Taylor _Dec_2000\Notes Folders\Notes inbox X-Origin: Taylor-M X-FileName: mtaylor.nsf Mark: My name is David Facey, in house counsel with Powerex. I understand that you have been in contact with Erika Rosin of our office. She will be out of the office for the rest of the week and has asked that I contact you regarding the proposed contract for differences between our companies. Erika advises that she mentioned to you that Powerex and Enron have recently completed two Contracts for Differences in Alberta. Enron has generated the confirms and attached Annex A General Terms and Conditions. We have since prepared a standard form Contract for Differences which we would propose to use for future transactions. This document is more specifically designed for doing contract for differences in Alberta. Please review this document and provide us with your comments. <> * * * * * * * * David V. Facey Legal Counsel Powerex Corp. (Ph. (604) 891-6084) BC Hydro (Ph. (604) 623-3699) - CanadianRev-4.doc