FW: !!

-----Original Message-----
From: Morse, Brad
Sent: Tuesday, November 13, 2001 11:49 AM
To: Mills, Bruce; Best, Kristine
Subject: FW: !!

Kind of makes you feel warm all over, doesn't it?

-----Original Message-----
From: Denning, Terri
Sent: Tuesday, November 13, 2001 11:04 AM
To: Morse, Brad
Subject: FW: !!

i have to forward you this article if only because of my friend eva's response! haha, at least it made me laugh!

-----Original Message-----
From: Rainer, Eva
Sent: Tuesday, November 13, 2001 11:03 AM
To: Denning, Terri; Koepke, Gwyn; Korioth, Ann; Clark, Catherine
Subject: RE: !!

Sonofabitch.

-----Original Message-----
From: Denning, Terri
Sent: Tuesday, November 13, 2001 11:02 AM
To: Koepke, Gwyn; Korioth, Ann; Clark, Catherine; Rainer, Eva
Subject: !!

Enron's Lay could get $80M from deal
Lay's employment agreement with Enron, which is set to expire Dec. 31, 2005, allows the executive to terminate his employment with the company 60 days prior to the Dynegy merger and receive a lump-sum payment of up to $80.8 million, according to a regulatory filing Tuesday.
According to the terms of the employment contract, if Lay quits before a change of control at the company, he is entitled to a lump sum payment equal to the number of years left in his contract multiplied by $20.2 million.
The agreement also allots an amount to Lay for any tax-related penalties if the lump-sum payment is held to constitute an "excess parachute payment," according to the Securities and Exchange Commission filing.
Lay's original employment agreement with Enron was amended in August when he became CEO after Jeff Skilling resigned.
Enron's shares fell 4 cents to $9.20 in recent trading.