RE: Employment Agreements - Parquet and Mcdonald

Funny.

-----Original Message-----
From: Calger, Christopher F.
Sent: Monday, October 01, 2001 1:04 PM
To: Kitchen, Louise
Subject: Employment Agreements - Parquet and Mcdonald

I spoke with Parquet and Mcdonald re contracts and offered the following:

Parquet:
Base - $200 - no increase
Signing - $100
Equity - $250

Mcdonald:
Base - $175 - no increase
Signing - $75
Equity - $200

Parquet's is identical to what you offered; Mcdonald is significantly less than Parquet and right in between Parquet and Dyer (50/150).

Chris Calger
503-464-3735

-----Original Message-----
From: Fitzpatrick, Amy
Sent: Tuesday, July 24, 2001 3:35 PM
To: Calger, Christopher F.
Subject: FW: Employment Agreement Request for David Parquet

Chris -

Please see Louise's response.

A

-----Original Message-----
From: Kitchen, Louise
Sent: Tuesday, July 24, 2001 3:34 PM
To: Fitzpatrick, Amy
Subject: RE: Employment Agreement Request for David Parquet

In line with the rest of the organisation

Base: $200,000
Signing: $100,000
Equity: $250,000 equity (50/50) on signing

-----Original Message-----
From: Fitzpatrick, Amy
Sent: Monday, July 23, 2001 10:36 AM
To: Kitchen, Louise
Subject: Employment Agreement Request for David Parquet

Louise -

David Parquet is currently on an employment agreement which expires on 12/1/2001. Chris would like to be proactive in signing Dave up again for another 2 years.

Dave's current contract details are:

Base: $200,000 (due to SF cost of living)
Equity: $100,000 equity (50/50) on 1/1/00
Equity: $100,000 equity (50/50) on 1/1/01

Chris is proposing:

Base: $215,000 (or $200,000 with a COLA payment of $15,000 for each year of term)
Signing: $100,000
Equity: $350,000 (50/50)

Please let me know your thoughts.

Thanks!
Amy