Message-ID: <25962569.1075863722877.JavaMail.evans@thyme> Date: Thu, 4 May 2000 06:41:00 -0700 (PDT) From: michelle.cash@enron.com To: twanda.sweet@enron.com Subject: Re: Employment Agreement Guidelines Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Michelle Cash X-To: Twanda Sweet X-cc: X-bcc: X-Folder: \Michelle_Cash_Dec2000\Notes Folders\Sent X-Origin: Cash-M X-FileName: mcash.nsf T: Would you please set up a meeting with Shanna? Thanks. mhc ---------------------- Forwarded by Michelle Cash/HOU/ECT on 05/04/2000 01:42 PM --------------------------- Shanna Funkhouser 05/04/2000 11:03 AM To: Michelle Cash/HOU/ECT@ECT cc: Subject: Re: Employment Agreement Guidelines Hi Michelle, Could we get together briefly to discuss employment agreements, etc. Brad has given me a general orientation to the processes, but I would like to hear from you how you and Twanda prefer to receive things, expected turnaround, etc. I am free anytime tomorrow after 9:30 in the am or between 1:30 and 3:30 in the afternoon OR just about any time next week. Thanks, Shanna Michelle Cash@ECT 05/04/2000 10:24 AM To: Brad McSherry/HOU/ECT@ECT, Cindy Skinner/HOU/ECT@ECT, Fran L Mayes/HOU/ECT@ECT, Tara Rozen/LON/ECT@ECT, Kim Melodick/HOU/ECT@ECT, Shanna Funkhouser/Corp/Enron@ENRON cc: Subject: Re: Employment Agreement Guidelines FYI. Michelle ---------------------- Forwarded by Michelle Cash/HOU/ECT on 05/04/2000 10:25 AM --------------------------- Mary Ann Long@ENRON COMMUNICATIONS 05/03/2000 01:56 PM To: Mary Joyce/HR/Corp/Enron@ENRON, Mary McKendree/Corp/Enron@ENRON cc: Marla Barnard/Enron Communications@Enron Communications, Linda Strahm/Enron Communications@Enron Communications, Paul Trieschman/Enron Communications@Enron Communications, Michelle Cash/HOU/ECT@ECT, Sharon Butcher/Corp/Enron@Enron, Kriste Sullivan/Corp/Enron@Enron Subject: Re: Employment Agreement Guidelines I will sign off on request forms for EBS. Thanks Mary Ann Mary Joyce@ENRON 05/03/00 01:19 PM To: Michelle Cash/HOU/ECT@ECT, Sharon Butcher/Corp/Enron@ENRON, Kriste Sullivan/Corp/Enron@ENRON cc: Ray Bennett/HOU/EES@EES, Janie Bonnard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Pam Butler/HR/Corp/Enron@ENRON, Gerry Chatham/Corp/Enron@ENRON, Scott Gilchrist/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert Jones/Corp/Enron@ENRON, Sheila Knudsen/Corp/Enron@ENRON, Mary Ann Long/Enron Communications@Enron Communications, Drew C Lynch/HOU/ECT@ECT, Mary McKendree/Corp/Enron@ENRON, Cindy Olson/Corp/Enron@ENRON, David Oxley/HOU/ECT@ECT, Miguel Padron/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gwendolyn Petteway/HR/Corp/Enron@ENRON, Courtney Rath/HR/Corp/Enron@ENRON, Kimberly Rizzi/HOU/ECT@ECT, Dave Schafer/OTS/Enron@ENRON, Ranendra Sengupta/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gary P Smith/OTS/Enron@ENRON Subject: Employment Agreement Guidelines Effective May 8, the guidelines outlined in our April 14th training session will be officially implemented. This means that employment agreements for VPs and above are not to be generated unless you have received a completed and approved request form. Each business unit should call Mary McKendree (713-345-8085) for the form and we will fax or hand deliver it to them. The form must be signed by the appropriate HR personnel for the business unit (names to be provided to Mary McKendree by each business unit) and then returned to Mary McKendree. The form will be initialed by someone in Executive Compensation (Mary McKendree, Mary Joyce, or Pam Butler) and delivered to you for generating drafts. Please do not distribute a draft to anyone without a signed and initialed request form. Also, as discussed, requests for signing bonuses, retention bonuses, up-front grants by number of options rather than value, and guaranteed LTI awards are exceptions to the rules that the business units will need to justify before they will be approved. Please do not make changes to these items or add any provisions to the standard short form without contacting Executive Compensation. These procedures have been implemented at the request of the Office of the Chairman. Consistent application of compensation standards and attention to the One Enron goal are key to our success. Please pass this memo on to others who are impacted by this implementation. Sheila, would you please ensure that all Compensation Staff receive this?