Enron Mail

From:david.oxley@enron.com
To:kathryn.schultea@enron.com
Subject:Severance
Cc:mary.joyce@enron.com, cindy.olson@enron.com, j..kean@enron.com,michelle.cash@enron.com
Bcc:mary.joyce@enron.com, cindy.olson@enron.com, j..kean@enron.com,michelle.cash@enron.com
Date:Tue, 27 Nov 2001 06:43:46 -0800 (PST)

Kathy,

My recollection is the costs to us were roughly:

Scenario 1 $55m
2 week for service
2 weeks for $10k in pay
Min 8 weeks max 52

Scenario 2 $45m
1.5 weeks
1.5 weeks
Min 8 max 39

Scenario 3 $35m
Dynegy
2 weeks
Min 13 weeks max 52

I've pitched the following compromise to Dynegy this morning:

2 weeks for service
2 weeks for every $10k of salary capped at $100k
Min 13 weeks max 52 weeks.

Can you run numbers and correct above if I'm way off.

Thanks

David