David: Here is a draft of the ETA amendment letter that we have been discussing with  Kennecott.
It includes my proposed modifications to deal with giving them  the termination right which I have highlighted.
The current ETA states that  all notices become effective immediately.
I have inserted in my language a 3  day period after we receive a termination notice before it becomes  effective.
This creates a difference between Us and our Counterparty's since  our termination notice would become effective immediately.
What do you  think?
Do we need this 3 day period or are you okay with having their  termination notice becoming effective on the date of our receipt?
Carol

kennecott