Enron Mail

From:amy.fitzpatrick@enron.com
To:mike.swerzbin@enron.com
Subject:Vesting Schedule of Options and Restricted Shares
Cc:
Bcc:
Date:Wed, 11 Jul 2001 14:56:27 -0700 (PDT)

Mike -

Both the options and the restricted stock vest 33.33% 1st, 2nd, and 3rd anniversary from grant date with a 5 year term.

Also, I have requested the change to your agreement on the retention payments. Tim asked me to change the payment dates to the following:

4/1/02
4/1/03
4/1/04

He did not want to add any more to the signing payment per a conversation that he had with Lavo. I hope this works for you.

Let me know if you need any more information!

Amy