attached please find proposed electronic trading agreement password application netco included clean copy document well red lined copy marked version sent mark taylor dave carl note made number changes original eol documents 1 password application password application contains substantive changes advise retain original description website platform purchase sale products instruments based energy products commodities including derivative products description sufficiently broad cover potential expansion beyond original gas power products well third party product offerings brief discussion regarding auction platform louise revised pa reinsert references auction 2 electronic trading agreement numerous revisions additions eta outline key changes requiring consideration added sentence end section 1 make clear event eta conflicted agreement parties including terms posted website eta controls b added new section 2 h address counterparty content posted public area website extent anticipate capability future may good idea include provision include section want limit license content use website related materials proposed want include limitation add word worldwide first sentence word royalty free delete balance final sentence phrase distorted displaying part c revised section 3 e clarify netco required send written confirmations line transactions provide electronic records admissible evidence transaction last sentence section intended make clear extent master agreement requires written confirmation master agreement controls provided failure send confirmation invalidate transaction added new section 4 address transactions posted unaffiliated third parties issue already covered last paragraph original pa e revised section 5 clarify netco liable direct damages expressly cap damages amounts paid counterparty accessing website f revised section 5 b c response issues raised many counterparties negotiated eol eta issues g section 6 revised expressly provide confidential information excludes counterparty identifying information well transactional biographical information statistical form please let know disagree scope exclusion want exclude counterpary identifying information merely delete phrase identification counterpartt user website shall also exclude added 1 year term following expiration eta confidentiality obligation section 6 reasoning confidential information protected section belongs counterparty netco thus desiring cut point obligation maintain confidentiality number counterparties enter transaction service companies agents prepared revised password application side letter eta consent acknowledgment form utilized counterparties attach documents review reference well please give call questions comments regards leslie 713 853 6121 713 256 0572 cell 713 528 5215 home