
Date: Thu, 7 Jun 2001 02:37:00 -0700 (PDT)
From: david.portz@enron.com
To: drew.tingleaf@enron.com
Subject: Power Brokers Aggregator
Cc: elizabeth.sager@enron.com, travis.mccullough@enron.com
Bcc: elizabeth.sager@enron.com, travis.mccullough@enron.com

Draft response. Please come back to me with questions/comments/ changes.

Randy/Josh,

I'm putting aside the forwarded files and not letting anyone here review them
until we've had a conversation on what sort of fee/percentage arrangement, if
any, we could put in effect by a signed agreement.  Please don't send any
more potential customers' information until we've gone over this.  Enron is a
big place with a lot of marketers fanned out and soliciting customers -- I
can't have you just sending me information of this sort and creating risk
that you'll surface at some point and claim a fee on a deal you were not
involved in.  Especially where you have a non-exclusive relationship with the
customer.  In general, I would have preferred that you had told me simply the
ERCOT region and the size of a load, without identifying the customer, and I
could then signal back to you whether Enron was interested in going forward.
Enron Power Marketing will not pay anything in this sort of 'finders'
arrangement except under an executed agreement with the finder, presuming an
agreement can be reached.  So we should explore, as to Tyco, a potential
agreement as to a "success fee",  with a payment structure based on the
completion of an identified type of deal within a stated time frame, and tied
to your actual assistance in the completion of the transaction, not just
identifying the prospect.

Please come back to me when you have a chance.

Drew







