Message-ID: <24835182.1075840033938.JavaMail.evans@thyme> Date: Mon, 21 Jan 2002 17:53:05 -0800 (PST) From: matt.motley@enron.com To: mike.swerzbin@enron.com Subject: Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Motley, Matt X-To: Swerzbin, Mike X-cc: X-bcc: X-Folder: \ExMerge - Swerzbin, Mike\Inbox X-Origin: SWERZBIN-M X-FileName: Section: 12.0 ADD: Company agrees to give employee 30 days written notice for termination of employment without cause. Section: 16.0 REPLACE: "and you shall not be entitled to further salary or bonus compensation from such Enron entity as of that date" WITH: "and you shall not be entitled to further salary, except accrued, or bonus compensation from such Enron entity as of that date" Exhibit I: ADD: If employee is terminated without cause, the sign-on award shall be deemed fully vested and non-forfeitable. Miscellaneous: We need a written statement from Enron releasing employee from ALL obligations under preexisting contracts including but not limited to non-competition agreements as well as any claims against retention or performance bonuses. Location: ADD: Company cannot relocate the employee outside of Portland, OR during the term of this agreement without consent of employee.