Enron Mail

From:s..smith@enron.com
To:kenneth.lay@enron.com
Subject:CHANGE OF CONTROL PROVISION
Cc:
Bcc:
Date:Wed, 14 Nov 2001 05:37:30 -0800 (PST)

Mr. Lay,

I wrote you a few days ago concerned about the news articles describing the amount of money passing to top management during Enron's crisis.

This morning I received an e-mail that states you are going to forgo the payment under the Change of Control Provision which amounted to between $60 to $80 million depending on which article you read. I want to commend you on this decision which most likely would not have been made by a lesser man. Your credibility and your personal integrity have both gone up a notch in my estimation.

Thank you,

Robert S. Smith - 3ac3268
ETS - Engineering Records
1400 Smith St.
Houston, TX 11251
E-mail - robert.s.smith@enron.com <mailto:robert.s.smith@enron.com<