Subject: Severance
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked]
Date: Tue, 27 Nov 2001 06:43:46 -0800 (PST)

Kathy,

My recollection is the costs to us were roughly:

Scenario 1				$55m
2 week for service
2 weeks for $10k in pay
Min 8 weeks max 52

Scenario 2				$45m
1.5 weeks
1.5 weeks
Min 8 max 39

Scenario 3				$35m
Dynegy
2 weeks
Min 13 weeks max 52

I've pitched the following compromise to Dynegy this morning:

2 weeks for service
2 weeks for every $10k of salary capped at $100k
Min 13 weeks max 52 weeks.

Can you run numbers and correct above if I'm way off.

Thanks

David