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Date: Thu, 19 Oct 2000 10:07:00 -0700 (PDT)
From: wanda.holloway@compaq.com
To: babbio@verizon.com, lynnj@iname.com, klay@enron.com
Subject: Materials on MC Agreement for Tomorrow's Call
Cc: linda.auwers@compaq.com, yvonne.jackson@compaq.com, tom.siekman@compaq.com, 
	richard.fine@compaq.com
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The HR Committee will convene by telephone tomorrow at 11 CDT.  We will
conference you in.  Attached are summaries of the proposed changes to the
employment agreement and the performance factors for vesting of restricted
stock as well as the updated term sheet.  Also attached are the minutes from
the meeting of the Board on October 13, 2000.

 <<Summary of changes to capellas agreement.doc>>  <<summary of performance
factors.doc>>  <<mc comp recommendation - revised (10-19)1.doc>>
<<101300BODMin.doc>>  <<Exhibit A for 10-13 BOD meeting.doc>>



 - Summary of changes to capellas agreement.doc
 - summary of performance factors.doc
 - mc comp recommendation - revised (10-19)1.doc
 - 101300BODMin.doc
 - Exhibit A for 10-13 BOD meeting.doc