Message-ID: <14068212.1075858604363.JavaMail.evans@thyme> Date: Mon, 15 Oct 2001 15:18:14 -0700 (PDT) From: legal <.taylor@enron.com> To: n..gray@enron.com Subject: FW: Preliminary drafts of term sheets for project Boss Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Taylor, Mark E (Legal) X-To: Gray, Barbara N. X-cc: X-bcc: X-Folder: \MTAYLO1 (Non-Privileged)\Taylor, Mark E (Legal)\Sent Items X-Origin: Taylor-M X-FileName: MTAYLO1 (Non-Privileged).pst -----Original Message----- From: Eichmann, Marc Sent: Wednesday, October 10, 2001 9:27 AM To: Shults, Bob; Taylor, Mark E (Legal) Subject: Preliminary drafts of term sheets for project Boss Here are the preliminary drafts of the term sheets. The scenario highlights are: Exchange will host its private label exchange and the central transaction engine and database Exchange will buy the hardware needed for the implementation Exchange will define the scope of the hardware needed for local handheld devices and specialist software Exchange will map and integrate the solution to its back-office systems. Technology provider will provide Exchange with a standardized format data feed to the back-office (we still need to decide how the data format will be defined and who will define it) Technology Provider will provide all the software and consulting needed for the solution implementation Technology provider will be compensated for his solution Specialist will receive compensation for managing products Specialist will use commercially best efforts to maintain a defined spread on the product it manages Specialist will have the option to stream price/volume pairs form the system to its own principal platform Specialist will have the option to stream its own markets to the system (rules need to be defined) Specialist will pay no clearing or exchange fees for the products it manages Specialist will have fill participation advantages Marc Eichmann Work 713 345-8422, Cell 713 870-2696 Manager Transaction Development EnronOnline LLC Smart Business 50 - 2001- Ranked No.1 for Embracing the Web InternetWeek - 2001- Ranked E-Commerce Leader in Services Sector Forbes - 2001- Recognized as Best of the Web - EnronOnline MIT E-Business of the Year - 2001 Darwin Magazine - 2001 - Fittest 50 - No. 1 Enron (NYSE: ENE) "Most Innovative Companies", No. 1; Fortune Magazine (6 Years, 1995-2001), "Best Management Talent", No. 1, 2; Fortune Magazine (2000, 2001) "Energy Company of the Year," FT Energy Global Awards, 2000