William Energy Marketing & Trading Co. Letterhead] November 7, 2002Letter Agreement • November 14th, 2002 • Aes Red Oak LLC • Electric & other services combined
This letter ("Letter Agreement") is intended to memorialize the agreement between AES and Williams regarding Williams' obligation to post alternative credit support as set forth in Section 18.3(b) of the Agreement due to The Williams Companies, Inc. falling below Investment Grade. All words capitalized herein but not otherwise defined shall have the meaning provided in the Agreement.
