Message-ID: <32215633.1075863722721.JavaMail.evans@thyme> Date: Mon, 10 Apr 2000 05:00:00 -0700 (PDT) From: michelle.cash@enron.com To: tara.rozen@enron.com Subject: Re: Confidential Draft - David Pope Cc: nigel.sellens@enron.com, david.oxley@enron.com, mary.joyce@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: nigel.sellens@enron.com, david.oxley@enron.com, mary.joyce@enron.com X-From: Michelle Cash X-To: Tara Rozen X-cc: Nigel Sellens, David Oxley, Mary Joyce X-bcc: X-Folder: \Michelle_Cash_Dec2000\Notes Folders\Sent X-Origin: Cash-M X-FileName: mcash.nsf Tara, You are right -- those changes were not included. For Vice President level employees, corporate comp.does not promote guaranteed performance bonuses. The request that he be able to "get out" of his employment contract if he is not promoted also is not something that we can do; otherwise, it will undermine the enforceability of our non-competes across the board. I spoke with David Oxley on both of those points, and he concurred that these changes could not be made. Michelle Tara Rozen 04/05/2000 12:23 PM To: Twanda Sweet/HOU/ECT@ECT cc: Nigel Sellens/LON/ECT@ECT, Michelle Cash/HOU/ECT@ECT Subject: Re: Confidential Draft - David Pope Thanks for this, Twanda I have two comments; 1)I cannot find the exception clause which indicates that David Pope can resign if he doesn't make MD as described in previous email. Am I missing this or can we not put this in? 2)Danny McCarty wanted guaranteed bonus for 2000 rather than performance target bonus as per email. Is this possible? Thanks Tara