Subject: RE: Rescind Offers/Termination Letters
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked]
Date: Fri, 7 Dec 2001 11:34:30 -0800 (PST)

See below

 -----Original Message-----
From: 	De Jesus, Frank  
Sent:	Friday, December 07, 2001 10:45 AM
To:	O'rourke, Tim
Cc:	Cash, Michelle; Palmer, Lizzette; Walton, Sheila
Subject:	Rescind Offers/Termination Letters

Tim,

(1) We rescinded approximately 8 offers in November. It was decided that individuals who gave up jobs to accept our offer would be paid out one month of salary (with a signed release). I had two people who fell into this category and signed releases but have not received the one month salary. Will they be paid out? [O'rourke, Tim]   will find out. 

(2) I have received several calls from terminated employees concerning the termination letters. They are concerned that they have 30 days in which to transfer to their spouse's plan and won't meet the deadline. My understanding is that the terminations letter will be mailed out soon. [O'rourke, Tim]   YES - we're stuffing envelopes as we speak  Please advise?

Regards
Frank