Subject: fw : dynegy letter re sithe
carol st . clair
eb 4539
713 - 853 - 3989 ( phone )
713 - 646 - 8537 ( fax )
281 - 382 - 1943 ( cell phone )
8774545506 ( pager )
281 - 890 - 8862 ( home fax )
carol . st . clair @ enron . com
- - - - - original message - - - - -
from : mellencamp , lisa
sent : thursday , november 15 , 2001 10 : 18 am
to : murphy , harlan
cc : st . clair , carol ; tweed , sheila ; sager , elizabeth
subject : dynegy letter re sithe
harlan : for forwarding to dynegy
the framework re the sithe letter :
1 . added cross default to master netting agreement .
2 . added acceleration of ena ' s payment obligations in the event of default by enron parties under the master and close - out by the dynegy parties .
3 . added set off right to dynegy parties if they end up owing under the master to the remaining payment obligations of ena .
re the master netting agreement which you will send :
1 . added cross default to ena ' s payment obligations under the sithe letter .
2 . added set off right to dynegy parties like in 3 . above .