Message-ID: <6080834.1075840018105.JavaMail.evans@thyme>
Date: Fri, 30 Nov 2001 15:15:05 -0800 (PST)
From: susan.rance@enron.com
To: robert.badeer@enron.com, m..driscoll@enron.com, matt.motley@enron.com, 
	mark.fischer@enron.com, mike.swerzbin@enron.com, 
	tim.belden@enron.com, f..calger@enron.com, h..foster@enron.com, 
	stewart.rosman@enron.com, jim.buerkle@enron.com, 
	legal <.hall@enron.com>, christian.yoder@enron.com, 
	john.postlethwaite@enron.com, john.malowney@enron.com, 
	john.van@enron.com, chris.lackey@enron.com, bill.williams@enron.com, 
	tom.alonso@enron.com, paul.choi@enron.com, diana.scholtes@enron.com, 
	sean.crandall@enron.com, chris.mallory@enron.com, 
	cara.semperger@enron.com, phillip.platter@enron.com
Subject: Contract Termination . . . .
Cc: r..brackett@enron.com, s..bradford@enron.com, stephanie.mcginnis@enron.com, 
	paul.radous@enron.com, edward.sacks@enron.com, 
	monica.reasoner@enron.com
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X-From: Rance, Susan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SRANCE>
X-To: Badeer, Robert </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rbadeer>, Driscoll, Michael M. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mdrisc3>, Motley, Matt </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mmotley>, Fischer, Mark </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mfische2>, Swerzbin, Mike </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mswerzb>, Belden, Tim </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tbelden>, Calger, Christopher F. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ccalger>, Foster, Chris H. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cfoster>, Rosman, Stewart </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Srosman>, Buerkle, Jim </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jbuerkl>, Hall, Steve C. (Legal) </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Shall4>, Yoder, Christian </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cyoder>, Postlethwaite, John </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JPOSTLE>, Malowney, John </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jmalown>, Van Gelder, John </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jvangeld>, Lackey, Chris </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Clackey2>, Williams III, Bill </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bwillia5>, Alonso, Tom </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Talonso>, Choi, Paul </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Pchoi>, Scholtes, Diana </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Dscholt>, Crandall, Sean </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Scranda>, Mallory, Chris </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cmallor>, Semperger, Cara </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Csemper>, Platter, Phillip </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Pplatte>
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Please be advised that:

A counterparty that wants to terminate a contract needs to send a letter of termination via fax to (713) 646-3227
	           The termination letter needs to include:
		1.) List of contracts being terminated
		2.) Calculation of termination payment
		3.) Expectation of payments if applicable
  
A counterparty that unwinds deals does not mean a contract its null and void; the counterparty is still liable for the existing deals governed by the contract

Please forward this on to anyone who needs this information.

Thanks,

Susan
*7086