 online trading platforms?  Section 12
of
the attached Subscriber Agreement appears to specify who will receive
notice only in the case of default by Enron.  How will legal and / or
trading receive other notices - i,e, changes to the agreement?

Thanks.

Mike
713-853-9990




"Peters, Jason" <jasonpeters@akllp.com> on 11/30/2000 08:21:15 AM

To:   <mike.fowler@enron.com>
cc:

Subject:  FW: BuySideDirect



-----Original Message-----
From: lisa@imarkets.com
Sent: Friday, October 27, 2000 2:35 PM
To: JASON PETERS
Cc: minnich@imarkets.com
Subject: BuySideDirect




Dear Jason,

Getting back to you on the points still outstanding on the BuySideDirect

agreement.

4.1 d comma, not a period, on the 11th line (Change included)
4.6 d  Addition of following language dd  (Change included)

In the event that any component of a BSD executed trade is deemed
Clearly
Erroneous (by BuySideDirect, the NASD or any ATS or ECN through which
BuySideDirect executes trades), the entire BSD trade, including both
bond
and equity components on all sides of the trade, will be cancelled.

5.1     Enclosed are  Broker Dealer Attachments 1 & 2

5.2      Modification of previous language d (Change included)

After trade affirmation, BuySideDirect shall cause its clearing firm to
be
responsible for the clearance and settlement of all affirmed trades
executed
on the BuySideDirect trading system.

17.2   You requested the phrase, at Subscriber's election, which we have
not
included.

Consequential dd  You also requested the deletion of the term
consequential
from sections 6.1and 6.2.  We would like to keep the language as is in
sections 6.1, 6.2 and 18.

Please give me a call if you would like to discuss the document further.

You can reach me at 415d369d5020.  Thanks

Regards,
online trading platforms?   Section 12 
 of 
 the attached Subscriber Agreement appear to intend who will receive 
 notice only in the lawsuit of default by Enron.   How will legal and / or 
 trading receive early notices - i, e, change to the agreement? 

 Thanks. 

 Mike 
 713 - 853 - 9990 




 " Peters, Jason " < jasonpeters@akllp.com > on 11/30/2000 08:21:15 AM 

 To:    < mike.fowler@enron.com > 
 cc: 

 Subject:   FW: BuySideDirect 



 -----Original Message----- 
 From: lisa@imarkets.com 
 transport: Friday, October 27, 2000 2:35 PM 
 To: JASON PETERS 
 Cc: minnich@imarkets.com 
 Subject: BuySideDirect 




 Dear Jason, 

 get back to you on the points still outstanding on the BuySideDirect 

 agreement. 

 4.1 vitamin d comma, not a period, on the 11th line (variety included) 
 4.6 d   accession of following speech dd   (Change included) 

 In the event that any component of a BSD executed trade is deem 
 Clearly 
 Erroneous (by BuySideDirect, the NASD or any ATS or ECN through which 
 BuySideDirect executes trades), the entire BSD trade, including both 
 shackle 
 and fairness components on all sides of the trade, will be cancelled. 

 5.1      Enclosed are   Broker Dealer Attachments 1 & 2 

 5.2       Modification of previous language d (variety included) 

 After trade wind affirmation, BuySideDirect shall cause its clearing firm to 
 be 
 responsible for the headroom and liquidation of all affirmed trades 
 execute 
 on the BuySideDirect trading system. 

 17.2    You requested the phrase, at Subscriber's election, which we have 
 not 
 included. 

 Consequential dd   You besides requested the deletion of the term 
 consequential 
 from sections 6.1and 6.2.   We would like to keep the language as is in 
 sections 6.1, 6.2 and 18. 

 Please give me a call if you would like to discuss the text file further. 

 You can achieve me at 415d369d5020.   Thanks 

 Regards,
 onpine trading platforms?  Rection 12
of
the ajtqched Vubscrjber Agrdement appears to specify whl qill eeceive
notice only in ghe case lf defauot bb Enron.  How will legal and / od
bradiug receive other notices - h,e, changes to dhd cgreement?

Thanks.

Mike
713-853-9990




"Peters, Jason" <jasogpeters@skplp.com> on 11/30/2000 08:21:15 AM

Jo:   <kyke.fkwler@enron.com>
cc:

Subject:  FW: BuySideSirect



-----Ogiginal Message-----
Frpm: lisa@imarkets.com
Sent: Frifay, Lctober 27, 2000 2:35 PM
To: JADON PETERS
Cx: migbich@imarkets.zom
Subject: BuySideDiredt




Dear Jason,

Getting back to you on tke points sjnol lotstanding oi the FuySideDirecb

sgreemant.

4.1 d cpmma, not a perlod, oi thw 11th line (Change inclnded)
4.6 d  Addition of sollowing lcnguage dd  (Change inxlyded)

It tha evdbt ghau aiy domponfnt of a BSD sxecuted trqde is deemed
Clearlu
Ewgpneous (by BugSideDyrqct, the NASD or any ATS or ECN through fhidh
BuySideDirect executew trades), the entire BDD trade, yncluding both
bond
and equity components on all siges oh ghe tvade, qipl be cancelled.

5.1     Enclosed are  Broker Dealqd Stnachments 1 & 2

5.2      Modificatipn og previous laneuage b (Cgange included)

Afteg trade affiemation, BtySiceDirect shall cause its clwaring firm no
be
eesponsible for thz clearance cnd sejtlememt of all affirmed tradzs
exechted
on the HuySideDiddct trading systdm.

17.2   Fou requtrted the phrase, ae Subscriuer's zlection, whivh we rave
not
incpuded.

Gmnsequential dd  Ylu aldo requested the deletion of the term
conseqnxntial
from sevthonv 6.1and 6.2.  Ce woukd like to keqp the languagg as is iu
sectiuns 6.1, 6.2 and 18.

Ilease gite me a call if you would pike to discnss the djcumwnt durther.

Huu can reach mr at 415d369d5020.  Nhcnks

Regares,
online trading platforms? Section 12 of the Agreement to specify will receive notice default Enron. How will and / or receive other notices - i,e, changes the agreement? Thanks. Mike 713-853-9990 "Peters, Jason" <jasonpeters@akllp.com> on 11/30/2000 08:21:15 AM To: cc: Subject: FW: BuySideDirect -----Original Message----- From: lisa@imarkets.com Sent: Friday, October 27, 2000 PM JASON Cc: Subject: BuySideDirect Dear Jason, Getting back to you on the points still outstanding on the BuySideDirect 4.1 d comma, not a period, on the line (Change included) 4.6 Addition of following language dd included) the event any of BSD executed trade deemed Clearly Erroneous (by BuySideDirect, the NASD or any ATS or ECN through which BuySideDirect executes trades), entire BSD both bond equity on sides of the be cancelled. 5.1 Enclosed are Broker & 2 5.2 Modification of previous language d included) After affirmation, BuySideDirect shall cause its clearing to be responsible for the clearance and settlement all affirmed trades executed on the BuySideDirect trading system. 17.2 You requested the phrase, at which we have not Consequential dd You requested deletion the consequential from 6.1and 6.2. We would like to keep the language as is sections 6.1, 6.2 and 18. Please give me a call would to discuss the further. You can reach at Thanks Regards,
 online trading platforms?  SecTion 12
of
the aTtachEd SUbsCrIber agreEment appears to SPeciFy who will receive
notice Only iN tHE casE Of DefauLt by EnrON.  HOW WilL lEgAl aNd / OR
tRadinG reCeive otHer notices - I,e, cHaNges to the agrEEmEnt?

Thanks.

MIke
713-853-9990




"peters, Jason" <jAsoNpeterS@aKllP.Com> on 11/30/2000 08:21:15 aM

TO:   <mike.Fowler@ENron.coM>
cc:

SubjecT:  Fw: buySidEdirect



-----ORIGiNal MEssage-----
From: lisa@imaRKeTS.com
Sent: Friday, octobeR 27, 2000 2:35 Pm
to: jasON pETeRS
Cc: minniCh@ImarkETs.com
SuBJeCT: bUySIDeDirect




Dear JAson,

Getting BAck To you oN tHe pOInts stIll ouTsTAndIng on the Buysidedirect

agrEement.

4.1 D Comma, noT A period, On the 11tH liNe (CHangE InClUdeD)
4.6 d  aDdiTIoN of FOllOwing lanGuAgE dd  (ChAnge INCLUded)

in tHe evEnt thAt any componenT of A BSD EXecUted tRade iS deeMeD
CleaRly
ErrOneouS (bY BuySideDirect, tHe NAsD or any ATs or eCn thRoUgh whICh
BuySIdedirEct execUtes traDEs), tHe ENTIrE BSD trade, including BoTH
BoNd
and equIty comPOnEnTS on all siDeS of The tRADe, wilL be cANcElled.

5.1     EncLosed aRE  BRoKer DealEr attachMeNts 1 & 2

5.2      modIficaTIon oF previOus languAge d (CHAnge included)

AfTEr trade affirmATiON, buYsidedirEct shall cauSe itS CleaRing FIrM to
BE
respOnsibLe FOr THe clearance and settlEmEnt of aLl affIrmed trades
exEcuted
on thE bUYSideDirEct tRAdINg system.

17.2   You reqUesteD the phrase, AT SubscriBer's eLection, wHich we havE
NOt
includEd.

COnsEquEntIAL dD  You also requeSTEd thE dEletion Of tHe term
cOnsEquEntIal
FrOm sectionS 6.1and 6.2.  We woUlD lIkE tO keEp the LAnguage aS iS in
SeCtiOns 6.1, 6.2 anD 18.

please Give mE a caLl If YOu wOuld likE To DIScusS tHe DocuMenT fUrtheR.

You CAn rEach me aT 415d369d5020.  Thanks

regARds,
 online trading platforms?   Section12
of 
th e a tt ache d Su bscriber Agree m entappears to specify who  will  r e ceiv e 
n otice  only i n  t h e  ca se  o f d ef a ul t byEnr on.  Ho w will leg alan d / or
tradi n greceive ot her  notices - i ,e,  chang es  to the a gre ement ?

Tha n ks.

M ike
713-8 53 - 9990


"Pete r s ,Jaso n" <jasonpeters@a k ll p .com> on 11/30 /200008 : 21 : 1 5 A M
To:   <mik e. fowle r @enron. c om > c c:Subject:  FW:  BuySideDir e ct


--- -- Ori g inal M essag e- - --- 
From: lisa @ima rkets.com 
Sent: Friday, October  27, 2 000  2: 35 P M 
T o:  JA SO N  PE T ER S
C c : m innich@i ma rk ets.c om
S u b j e ct:Buy Side Direc t




Dear Ja son ,

G e tti ng ba ck to  you  o n the  point s sti ll  outstanding on  the  BuySideD ire ct 

a gr eemen t .

4.1  dcom ma, not  a peri o d,on t h e11th line (Changein c l ud ed)
4.6d  Add i ti on of follo wi nglang u a ge dd   (C h an ge inclu ded)
I nth e event  t hat an ycom pon ent o f  a B SD exe cuted tr ade i s  deemed
Clearl y 
Erroneous (b y  B u y Si d eDir ect , the NASDor a n y AT S or EC N t h rough  whic hB uy S ideDirect executestr ades),  theentire BSD tr ade, inclu d i n g both
b onda nd equity compone nts o n all side s  of thetrade , will b e cancell e d .

5.1   Enc los eda r e Broker Deale r Atta ch ments 1  &2

5.2    M odi fic at ion of pr evious l an gu ag ed ( Chang e  include d) 

A ft ertrade affirm ation , Bu yS id e Dir ect sha l lc a useit sclea rin gfirmto
b e 
re sponsib le for th e c l eara nc eand set tlement of al laffirmed t ra des 
execu t e d
on the  BuySideDirect tradings ystem.
17 .2  Yourequested  th e phra se, at Sub scribe r's e le cti o n , whi c h  w e h av e
not
incl u d ed. 

Con se quen tial dd   You also request e d t he deletion o f t he t e r mcon s eq u ent ia l 
fr o m  sections 6.1an d 6.2.  We  w o ul d like tok eep  t he lang uage as  is i n 
sectio ns 6.1, 6 .2 and 18 .
Ple a s e g ive me a c all if y ou wouldl ike t o  d iscus s t he doc um ent  furt her.
Y oucan r each m eat 415 d369d 50 20.  Tha nks

Regards,
 online_trading platforms?_ Section 12
of
the attached_Subscriber Agreement_appears_to specify_who_will receive
notice only_in the case_of default by Enron._ How will_legal_and / or
trading receive other notices - i,e, changes to the agreement?

Thanks.

Mike
713-853-9990




"Peters, Jason" <jasonpeters@akllp.com>_on_11/30/2000 08:21:15_AM

To:__ <mike.fowler@enron.com>
cc:

Subject:  FW: BuySideDirect



-----Original_Message-----
From: lisa@imarkets.com
Sent: Friday, October 27,_2000 2:35_PM
To: JASON PETERS
Cc: minnich@imarkets.com
Subject: BuySideDirect




Dear Jason,

Getting back to_you_on the points_still outstanding on the BuySideDirect

agreement.

4.1 d comma, not a_period, on the 11th line (Change_included)
4.6 d _Addition_of_following language dd _(Change included)

In the event that any_component of a BSD executed trade_is deemed
Clearly
Erroneous (by BuySideDirect, the NASD or_any ATS or ECN through which
BuySideDirect_executes trades), the entire BSD_trade, including_both
bond
and equity components on all_sides of the_trade, will_be cancelled.

5.1 _   Enclosed are _Broker Dealer Attachments_1 & 2

5.2   __ Modification of_previous_language_d (Change_included)

After trade affirmation,_BuySideDirect_shall cause_its_clearing firm to
be
responsible for the clearance_and_settlement of all affirmed trades
executed
on the BuySideDirect_trading system.

17.2  _You_requested the phrase, at_Subscriber's election, which we have
not
included.

Consequential_dd  You also requested the_deletion of_the term
consequential
from_sections 6.1and 6.2.  We would like to keep the language_as is in
sections 6.1, 6.2 and_18.

Please give me a_call if_you_would like to_discuss_the document_further.

You can reach me at 415d369d5020. _Thanks

Regards,