
Date: Fri, 8 Dec 2000 01:53:00 -0800 (PST)
From: david.portz@enron.com
To: doug.gilbert-smith@enron.com
Subject: Calpine 2002-04 offpeak firm confirmation
Cc: edward.sacks@enron.com, elizabeth.sager@enron.com, melissa.murphy@enron.com
Bcc: edward.sacks@enron.com, elizabeth.sager@enron.com, melissa.murphy@enron.com

Doug -- As discussed, attached is a redlined copy and an execution copy of
the off peak 2002-2004 confirmation letter reflecting the changes taking into
account that modifications to product definitions are more likely to arise
from  the efforts of industry participants than via ERCOT action as to the
protocols or otherwise. The definition of UB itself makes clear this product
is firm, and the term "Undelivered" currently carries the meaning that  Buyer
must be capable of moving the firm energy from the Delivery Point to more
than one potential destination.  Please contact me with any questions. --David


