Once considered th
Quietly, Quiggly s
Once considered th
We've recently dis
Stop dancing like
Stop dancing like
Stop dancing like
FTL is not possibl
But first, you and
Stop dancing like

Chris! I told you
Tiffany, you reall
Chapter 1. Once
Quitetly, Quiggly
That turned dark q
Chapter 1. Once
Quitetly, Quiggly
Quietly, Quiggly s
We've recently dis
Joe's Bar and Gril
Once considered the most complex solution, we are now driven by something even simpler: getting it right and getting it done. Please refer to previous e-mails for further detail, or call me. Regards, Everett (1) Assignment or Grant of Options Agreement A few comments: The tax language in my previous e-mail was not an accurate representation. The correct state to tax is Colorado, not Washington. I added language to "Tax Representations" with the caveat that once a tax opinion has been obtained, we are free to use the assigned name and logo for our company. We will give a 5% discount off of the first year's fee (as indicated in the previous e-mail) in order to try and motivate the client a bit. Please see details below: (i) The Assignment or Grant will be effective as of the earlier of (a) September 1, 2000 or (b) the date of signing of this Agreement, and will continue until terminated as provided herein. (ii) Optionee may exercise the Option at any time between the effective date and September 1, 2000. Optionee must, however, give Shareholder notice of its intent to exercise the Option not less than 30 days prior to the September 1, 2000 effective date. If Optionee does not give notice to Shareholder as provided for herein, then the Option will automatically expire as of September 1, 2000. (iii) Optionee shall pay to the applicable clearinghouse, which is identified as follows, the additional fees and taxes described below: Clearinghouse: One West Corporate Center, Suite 3200, Denver CO 80202 Fee: $10,000 per appointment Taxes: Colorado Taxes (6.60% of total value, no more than $10 million) (iv) Optionee shall have no further obligations with respect to the Option and the Option (together with all rights associated therewith) shall terminate. (2) Assignment and Assumption Agreement We have not yet reviewed this document, but have been asked to review it for the purpose of providing collateral support for an omnibus confirmation already in place between our client and ENA. Please let me know if you have any questions or comments with respect to this Assignment and Assumption Agreement. Regards, Everett Mark Taylor@ECT 01/04/2000 05:33 PM To: John Metzler/LON/ECT@ECT cc: Debbie R Brackett/HOU/ECT@ECT, Scott Tackett/Corp/Enron@Enron, David Gronberg/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Christian LeBroc/Corp/Enron@ENRON Subject: Re: With respect to the legal terms of the assignment: I will have to give notice to John Suttle. I should be able to finalize the agreement tomorrow and fax it to you before noon. What is the source of your funding of the option price? John Metzler 02/01/2000 12:24 PM To: Robert B Cass/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT cc: Subject: Re: I'd like to begin negotiating the terms of the ISDA as soon as possible so that I can get the ISDA and confirm out to the counterparty as soon as possible. How can we get the docs to the counterparty as soon as possible? Thanks, John ---------------------- Forwarded by John Metzler/LON/ECT on 02/01/2000 12:26 PM --------------------------- Scott Tackett 01/31/2000 03:07 PM To: Debbie R Brackett/HOU/ECT@ECT, David Gronberg/HOU/ECT@ECT, Brent Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kathleen Carnahan/NA/Enron@Enron, Joya Davis/HOU/ECT@ECT, Andrea Calo/SA/Enron@Enron, David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Taylor/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Lynn E Shivers/LON/ECT@ECT, Enron Europe Global Contracts and Facilities@ECT, Enron Europe Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Anji Arujo/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Myia Fuentes/Corp/Enron@Enron, Rod Nelson/HOU/ECT@ECT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul Radous/Corp/Enron@ENRON, Ray Bang/(SA) Julian Alatorre/NA/Enron@Enron, Keith Comeaux/Corp/Enron@Enron cc: Subject: ---------------------- Forwarded by Scott Tackett/Corp/Enron on 01/31/2000 02:30 PM --------------------------- Doug Leach@ECT 01/31/2000 12:58 PM To: John Metzler/LON/ECT@ECT, Scott Tackett/Corp/Enron@Enron cc: Subject: Fyi. Liquids/global liquids. Would these groups want to see the legal risk memo? I don't know how much or if anything we should send to them. ---------------------- Forwarded by Doug Leach/HOU/ECT on 01/31/2000 12:57 PM --------------------------- Cynthia Meyer@ENRON 01/31/2000 11:14 AM To: Elizabeth Sager/HOU/ECT@ECT, David Portz/HOU/ECT@ECT, Joseph deffner/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Maureen McVicker/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT cc: Scott Sefton/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ashok Mehta/HOU/ECT@ECT, Lynn E Shivers/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Randy Petersen/HOU/ECT@ECT, Janette Elbertson/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Leslie Hansen/HOU/ECT@ECT Subject: We will have a Legal Risk Meeting on Friday, February 4, at 9:30 am in ECS 5090. Please come to this meeting to discuss the legal issues and questions on the Singapore deals. Thank you, Cynthia x31914