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Sheila, what do you think?
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Kay
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Please call Jake Thomas and Steve Thome in Portland and see if we can have a conference call at 500 Houston time.
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Thanks, Kay
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Hi Carolyn, In addition to my comments regarding the definitions, here are some other thoughts: Letter agreement: I would bracket [Spawn], since we don't have it formed yet and we probably haven't checked on availability.
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2.
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Closing date should be at least five but no more than 10 business days.
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2 (a) Facility Agreement is probably the more appropriate concept than Turbine Contract.
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Not a big issue if anyone disagrees with this terminology.
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3.
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Make the guaranty for this agreement and the LLC agreement.
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7 (b) does this make sense?
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Should we also have the right to specific performance?
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9.
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(iii) consents won't necessarily be obtained at the time of the signing of the letter agreement.
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Should say by closing such will have been obtained.
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I haven't done a reg evaluation, so I would delete the reg rep unless you are comfortable.
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I want the HSR risk to be with them, so I don't want to contradict it with the rep.
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I'll review the LLC agreement next.
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Kay
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Good.
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I hadn't heard back from them.
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Hi Sheila, I don't recall seeing a bill from Bracewell on the VECPCO deal.
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Did you ever see one come in?
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Thanks, Kay
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In case I forget to mention it, when the next round of Panda docs are ready, you might want to send them to Herman and Matt.
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Thanks, Kay
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Hi Fred and Suzanne, I'm sending this to Suzanne so she can make these changes.
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Suzanne, you'll find the document attached to an email I received from Fred on July 11, entitled Kendall New Development LLC.
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Here's my comments on the ComEd agreement: 4.
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Change 100,000 to 50,000 (right, Fred?) 5.
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Add "and the purchase order or contract will be assigned to Customer (or Customer's designee) at Customer's request, including the warranty provisions of such purchase order or contract" after costs on the 7th line.
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9.
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Add "for the purpose of performing its Scope of Work" to the end of the sentence.
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10.
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Add "internal and external" before legal counsel on 5th line.
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16.
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Add "Customer may assign this Agreement to an affiliate without consent" I'll be checking in. Thanks, Kay
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Cindy, How long would we have until we need to release the rooms to avoid the charge?
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I think your suggestion will work.
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Kay
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We will be in Bay City on Saturday, but I don't know if it will be overnight.
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Mom
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Ben and I can make it.
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Kay
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I'll be available, and will let you know how it goes.
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Kay
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Before you send out the next draft we need to talk briefly.
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Please put on my schedule.
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Dale, Has GE initialled all the pages of the break out contract?
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If so, it would be very helpful if you could ship me the originals.
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That way, we only have to change the names, which will make it easier for Lee when we have to ask him to sign.
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Also, has someone from the Enron side initialled all the pages?
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That helps, too!
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Kay
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no headaches
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I don't know who started the initialling kick, and I don't know if I care if it continues.
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I don't know if Lee cares.
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It is probably an EECC artifact.
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If GE doesn't care, then I don't care.
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( I hear strains of a show tune "I don't care, I don't care").
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I think I've lost my mind.
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Kay
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Carolyn, Please use NewCo instead of Spawn.
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Also, please give them only one business day to review the final facility agreement.
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Also, we need the duplicate forms for Sunlaw Energy Corporation.
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Will we be getting the drafts tonight?
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Please call me if you have any questions.
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Thanks, Kay
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Karen, Fred Mitro forwarded an email you sent him concerning a legal question.
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Please be advised that Enron policy requires that all outside legal advice be coordinated through an inhouse lawyer, and certainly any legal advice given to Enron employees must be given to Enron counsel as well.
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This requires some discipline on the part of our outside counsel, but we find it works in everyone's best interest.
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Thank you for your attention to this very important policy.
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Kay
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No big deal.
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I'm just trying to tie up loose ends when I can.
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I suspect they must have gotten paid, or else someone would be complaining.
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I made a couple of minor revisions.
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Jake has given us until when he gets in tomorrow.
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I changed Turbine Agreement to Turbine Contract (one place in the LOI), and added responsibility for filing fees in the llc agreement.
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Perhaps it it redundant.
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I'm not sure I'm on top of the LLC agreement.
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Maybe we can discuss in the am.
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Sorry to hear about Bobby's wreck.
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I hope he feels ok tomorrow.
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Neil's number at work is 713 596 8716, and his email is nmann@erac.com.
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I know you probably checked this, but are you sure you don't have car rental insurance under your auto policy?
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Always good to check.
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Paige got a kick out of seeing Bobby.
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I'm sure he enjoyed the fine cuisine.
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I feel the same about going up next week.
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There will probably be a more appropriate time later.
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Paige is coming home for SB next week.
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I suspect she'll come Friday or Saturday, but don't know for sure.
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We are probably going to the Matagorda livestock show and auction this weekend, and maybe the rodeo.
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It must be good - like the Belton rodeo.
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Hi and hugs to all!
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Love, Kay
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I like this one.
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I know you wouldn't forget, but Ms. Bills will need to be advised.
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