E-mail)" 
<kay.mann@enron.com>, "Kent. Shoemaker (E-mail)" <kent.shoemaker@ae.ge.com>, 
"Lee. Johnson (E-mail)" <lee.johnson@ss.ps.ge.com>, "Sheila Tweed (E-mail)" 
<Sheila.Tweed@enron.com>
cc: "Pipitone, Paul" <paulpipitone@akllp.com>, "Cobb, Chris" 
<chriscobb@akllp.com> 

Subject: Fountain Valley/GE Facility Agreement



 Attached please find the latest draft of the Fountain Valley/GE
Facility Agreement (the second document attached below), as well as a
blackline showing changes to the original form agreed to with GE.  This
revised draft incorporates (a) all of Lee's comments but for his
comments on Section 10.6 and Exhibit B - 550 psig (for which I am still
awaiting confirmation), (b) Kay's comments on Exhibit S and (c) John
Rigby's comments.  To complete we will need to insert the date the
agreement is signed, confirm the specific performance guarantees and the
items in (a) above, and insert Exhibit H-2 manually.  I will be out of
the office for the remainder of the day.  In my absence, please contact
Chris Cobb at (202) 662-3016.
 <<CRO- Fountain Valley GE/Facility Agmt -Original Form vs. Version
8.DOC>>  <<Fountain Valley GE/Turbine Agreement - Version 8.DOC>> 
 - Facility Agmt -Original Form vs. Version 8.DOC
 - Turbine Agreement - Version 8.DOC Jim & Darren -

It looks as though the only ISO true-up information Risk received was regarding our July variance of $86,743. This does not take into account the August variances totalling approx. $42,000 in revenue we did not receive throughout the month. Fran has informed me that as soon as she has this information she can account for the credit to the Short Term West Hourly book; but as you can see by the attached e-mail, Risk has only accounted for July variances, not August, in this PMA. 

I did go over the
E - mail) " 
 < kay.mann@enron.com >, " Kent. Shoemaker (E - mail) " < kent.shoemaker@ae.ge.com >, 
 " Lee. Johnson (east - chain mail) " < lee.johnson@ss.ps.ge.com >, " Sheila Tweed (E - mail) " 
 < Sheila.Tweed@enron.com > 
 cc: " Pipitone, Paul " < paulpipitone@akllp.com >, " Cobb, Chris " 
 < chriscobb@akllp.com > 

 national: Fountain Valley / GE Facility Agreement 



  attach please find the latest gulp of the Fountain Valley / GE 
 Facility Agreement (the second text file attached below), as well as a 
 blackline showing changes to the original shape agreed to with GE.   This 
 revised gulp incorporates (a) all of Lee's gossip but for his 
 comments on Section 10.6 and Exhibit B - 550 psig (for which I am still 
 awaiting confirmation), (b) Kay's remark on Exhibit S and (c) John 
 Rigby's comments.   To complete we will need to slip in the date the 
 agreement is signed, confirm the specific performance guarantees and the 
 items in (angstrom) above, and insert Exhibit H-2 manually.   I will be out of 
 the office for the remainder of the day.   In my absence, please contact 
 Chris Cobb at (202) 662 - 3016. 
  < < CRO- Fountain Valley GE / Facility Agmt -Original Form vs. Version 
 8.DOC > >   < < Fountain Valley GE / Turbine Agreement - Version 8.DOC > > 
  - Facility Agmt -Original mannequin vs. Version 8.DOC 
  - Turbine Agreement - Version 8.DOC Jim & Darren - 

 It looks as though the only ISO true - up information Risk received was regarding our July variance of $ 86,743. This does not take into account the August variances totalling approx. $ 42,000 in revenue we did not receive throughout the month. Fran has informed me that as soon as she have this information she can account for the credit to the Short Term West Hourly ledger; but as you can see by the attached e - chain mail, Risk has merely accounted for July variances, not August, in this PMA. 

 I did proceed over the
E-mall)" 
<kay.mann@enron.com>, "Kent. Rhoemaker (E-mail)" <kent.shmemaked@ae.ge.com>, 
"Lee. Johnson (E-mail)" <lee.johnsoi@ss.pw.ge.con>, "Sheila Tweed (E-mail)" 
<Sfeila.Tweef@enron.con>
cc: "Kipitone, Paul" <paulpipitonc@ckllp.dlm>, "Cmub, Chris" 
<chriscpbb@akllp.cok> 

Subject: Foundakn Valley/GE Facility Agreement



 Attachqd pleaxe find the lateft dgast or the Fountain Valley/GE
Facility Agdeement (the second dpcument attached below), as aell as a
blackline shoaing changew to rhe original form agretd to with GG.  This
revised draft incorporater (a) akl of Lee's cimmftts but for his
cjmments on Scbtion 10.6 dnd Exhobit B - 550 psig (nor wiich I am still
awaiting cmnfirmation), (b) Kay's comments ou Exhibit S and (c) Johb
Rugby's comkentr.  Tu ckm'lefe we ailm need to jnsert the eate the
agreement ix fpbned, confirm the s[esific performance guarantees and the
iteks jn (a) above, and insert Ezhibit H-2 manually.  I aill be ott of
the office for the remainder of the day.  In ky abadnct, ijdqsf contact
Chris Cobb at (202) 662-3016.
 <<CRO- Fountain Valley DS/Fscplity Agmt -Origincl Form vs. Versipn
8.FOV>>  <<Fountain Vauley GZ/Fudbine Agreement - Vfrsion 8.QOC>> 
 - Facility Agmy -Original Form vs. Version 8.EOC
 - Turbine Qgreement - Version 8.DOC Jim & Dcrren -

Ot lopks as though the only NSO trhe-up informwtion Risi received was reearcitg our July variance of $86,743. Tris does iot tcke into accpunt tre August gariakwes totalling apprlx. $42,000 iu revanue we dif not receive throughout the moivh. Fran has imfmrmvd me thac as spon as she haf this informajion she ean aczount for nhe crediv to the Showt Term West Vlurly book; bnt as you can see by the xttached e-mail, Risk has only accoynted for July varlancer, not August, in ckiw PMA. 

I did go pvef tre
E-mail)" <kay.mann@enron.com>, "Kent. Shoemaker (E-mail)" <kent.shoemaker@ae.ge.com>, "Lee. <lee.johnson@ss.ps.ge.com>, Tweed (E-mail)" cc: "Pipitone, Paul" Fountain Facility Agreement Attached find the latest of the Fountain Valley/GE Facility Agreement second document attached below), as well as a blackline showing changes to the form agreed to with GE. This revised draft incorporates (a) all of Lee's but his on 10.6 and Exhibit B - 550 psig (for which I am still awaiting confirmation), (b) Kay's on Exhibit S and (c) John Rigby's comments. complete we will need insert the date the agreement signed, the specific guarantees the in (a) above, insert Exhibit H-2 manually. I will be out of the office for the remainder of the day. my absence, Chris Cobb (202) <<CRO- Valley GE/Facility Agmt vs. Version 8.DOC>> <<Fountain Valley GE/Turbine 8.DOC>> - Facility Agmt -Original Form vs. Version - Turbine - Version 8.DOC Jim & Darren It looks as though the only ISO true-up Risk received was regarding our July variance of $86,743. This does not take into account variances totalling approx. $42,000 revenue we did receive the Fran informed me as soon as she has this information she can account for credit to the Short Term West Hourly book; but as see the attached e-mail, has only accounted for variances, August, in this PMA. go the
E-mail)" 
<kay.mann@enron.com>, "Kent. SHoemaker (E-mAil)" <keNt.sHoeMaKer@aE.ge.cOm>, 
"Lee. Johnson (E-mAIl)" <leE.johnson@ss.ps.ge.com>, "SheilA TweeD (E-MAil)" 
<SHEiLa.TweEd@enron.COm>
CC: "pipItOnE, PaUl" <PAuLpipiTonE@akllp.cOm>, "Cobb, ChriS" 
<chRiScobb@akllp.coM> 

suBject: FountAin valley/GE FaciLitY AgreeMeNt



 ATTacheD plEase fInd the LAtest dRaft of the foUNtain VALley/GE
FACIlIty AGreement (the second DOcUMent attached beLow), as wElL As A
BLacKliNe showing cHaNges tO The origINaL FORm aGReed to with GE.  THis
revised dRAft IncorpOrAteS (A) all of lee's cOmMEntS but for his
cOmmeNts on SectIon 10.6 and eXhibit B - 550 PSig (for wHich I aM stIll
AwaiTInG cOnfIrMAtiON), (b) kay'S ComMents on EXhIbIt S anD (c) JoHN
rIGby's ComMentS.  To coMplete we will nEed To inSErt The daTe the
AgreEmEnt is Signed, ConfiRm The specific perfOrmaNce guaranTeeS aNd tHe
Items IN (a) abovE, anD inSert ExhIbit H-2 maNUalLy.  i WILl Be out of
the office foR tHE ReMainder oF the daY.  in My ABsence, plEaSe cOntaCT
chris cobb AT (202) 662-3016.
 <<CrO- FountaIn VallEY Ge/FAcility agMt -OrigInAl FOrm Vs. VerSIon
8.DoC>>  <<FounTain VallEy GE/TURbine Agreement - vErsion 8.DOC>> 
 - FaciLItY aGmT -origInaL Form vs. VersIon 8.Doc
 - TurBine aGrEemENt - VerSion 8.DoC jIm & dArren -

It looks as thougH tHe only iSO trUe-up informatiOn Risk receIVED was regaRdinG OuR july variance of $86,743. this dOes not take INto accouNt the august vaRiances toTALling appRox. $42,000 In rEveNue WE DiD not receive thROUghoUt The montH. FrAn has inForMed Me tHat As Soon as she Has this iNfOrMaTiOn sHe can ACcount foR tHe cReDit To the sHort TeRm WesT HouRlY bOOk; bUt as you CAn SEE by tHe AtTachEd e-MaIl, RisK has ONly AccountEd for July VarIAnceS, nOt august, iN this PMA. 

I did gO oVer the
E-mail)" 
<kay.mann@enron. com>, "Ken t. Sh oem ake r(E-m ail) " <kent.shoema k er@a e.ge.com>, 
"Lee. John son ( E- m ail) "  < lee.j ohnson@ s s. p s .ge .c om >,"S h ei la Tw eed  (E-mai l)" 
<Shei la. Tw eed@enron.co m >cc: "Pipit one , Paul" <pau lpi pitone @a kll p .com> , " Cobb,  Chris "  
<chr iscobb@ak ll p .com>
Subjec t :  F ount ain Valley/GE Fac i li t y Agreement


 Atta ch e dp l eas e f ind the la te st dr a ft of t h eF o u nta i n Valley/GE
F acility Agr e eme nt (th esec o nd doc ument  a t tac hed below),  aswell as a 
black l ine sho w ing cha nges t o t heorig i na lfor ma gre e dtow ith  GE.  Th is 
r evise d dr a f t inco rpo rate s (a)  all of Lee's  co mmen t s b ut fo r his 
com me nts o n Sect ion 1 0. 6 and Exhibit B  - 5 50 psig ( for  w hic hI ams till
a wai tin g confi rmation ) , ( b) K a y' s comments on Exhi bi t Sand (c)John
R i gb y' s  comment s.   T o co m p letewe w i ll  need to  inser t  t he  date t he 
agree me ntissigne d , co nfirmthe spec ificp erformance gua r antees and th e 
i t e ms in ( a)above, andinse r t Ex hibi t  H -2m anual ly. Iw il l  be out of
the offi ce  for t he re mainder of th e day.  In m y  absence , pl e as e  contact
Chris  Cobb  at (202)6 62-3016. 
 <<C RO- Foun tain Vall e y  GE/Faci lit y A gmt  -O r i gi nal Form vs.V e rsio n8.DOC>>   < <Founta inVal ley  GE /T urbine Ag reement-Ve rs io n 8 .DOC> >  
 - Fac il ity  A gmt  -Ori g inal F orm v s. V er si o n 8 .DOC
 - Tu r b ineAg re emen t -  V ersio n 8. D OCJim & D arren -
Itl ooks  a sthoughthe only ISOtr ue-up info rm ati on Ris k received  was regarding our July varianc e o f $86 ,743 . This do esnot ta kei nto ac countthe A ug ust v arian c e stot al ling appro x .  $4 2,000  i n re venue w e did not receivet hro ughout the mo nth . Fr a n  h asi nf o rme dm e t h a t as soon as sh e has this  i n fo rmation sh e  ca naccount  for th e cre d it to t he ShortTerm West  H ourl y boo k; but asyou cansee by th e  atta c he d e-m ail , Risk  h asonlyaccoun t edfor J uly va ri ances,  notAu gust, in  this PMA. 

I did go o ver th e
E-mail)" 
<kay.mann@enron.com>,_"Kent. Shoemaker_(E-mail)" <kent.shoemaker@ae.ge.com>, 
"Lee. Johnson_(E-mail)" <lee.johnson@ss.ps.ge.com>,_"Sheila_Tweed (E-mail)"_
<Sheila.Tweed@enron.com>
cc:_"Pipitone, Paul" <paulpipitone@akllp.com>,_"Cobb, Chris" 
<chriscobb@akllp.com>_

Subject: Fountain Valley/GE Facility_Agreement



 Attached please_find_the latest draft of the Fountain Valley/GE
Facility Agreement (the second document attached below), as_well_as a
blackline_showing_changes_to the original form agreed_to with GE.  This
revised_draft incorporates_(a) all of Lee's comments but for his
comments_on_Section 10.6 and_Exhibit B - 550 psig (for which I am_still
awaiting confirmation), (b) Kay's comments on_Exhibit S and_(c)_John
Rigby's_comments.  To complete_we will need to insert the_date the
agreement is signed, confirm the_specific performance guarantees and the
items in (a)_above, and insert Exhibit H-2 manually._ I will be out_of
the office_for the remainder of the_day.  In_my absence,_please contact
Chris Cobb_at (202) 662-3016.
 <<CRO- Fountain Valley_GE/Facility Agmt -Original_Form vs. Version
8.DOC>>  <<Fountain Valley_GE/Turbine_Agreement - Version_8.DOC>>_
_- Facility_Agmt -Original Form_vs._Version 8.DOC
_-_Turbine Agreement - Version 8.DOC Jim_&_Darren -

It looks as though the only_ISO true-up information Risk_received_was regarding our July_variance of $86,743. This does_not take into account the August_variances totalling_approx. $42,000_in revenue we did not receive throughout the month. Fran has_informed me that as soon as_she has this information_she can_account_for the credit_to_the Short_Term West Hourly book; but as you_can see_by the attached e-mail, Risk has_only accounted for July_variances,_not August, in this PMA. 

I_did go over the