
Date: Wed, 8 Nov 2000 03:47:00 -0800 (PST)
From: janice.moore@enron.com
To: edward.baughman@enron.com
Subject: Re: Tax issues
Cc: david.portz@enron.com, elizabeth.sager@enron.com, kim.theriot@enron.com,
matthew.gockerman@enron.com, patrick.maloy@enron.com
Bcc: david.portz@enron.com, elizabeth.sager@enron.com, kim.theriot@enron.com,
matthew.gockerman@enron.com, patrick.maloy@enron.com

Matt and Patrick:
We're not sure exactly what tax exposures you're concerned about, but I'm
sending you the attached language, which was approved by Tax Dept. earlier
this year for use w/ EEI Master Agreements.  We since decided, with Tax Dept.
approval, to go w/ the shorter standard language in the EEI Master, adding
this language only to longer term deals (> one year).   Does the attached
language go far enough to address your concerns with the industrials?  Please
advise.

Regards,
Janice

EB3861
Assistant General Counsel, Enron North America Corp.
713-853-1794 (Fax:  713-646-4842)



