Mid-Year PRC Process for Managers

I talked to Dave about the PRC process and he has invited me to attend the
GPG Managers PRC meeting on July 20. This will help me understand the
process "live". I will be meeting with Anne Vaughn in advance of this
meeting, hopefully next week. Anne will walk me through the portion of the
data gathering process and game plan as to how we can utilize the process and
potentially the software to initiate a similar process in EOTT.
----- Forwarded by Mary Ellen Coombe/Houston/Eott on 06/27/2000 05:06 PM -----

Lisa Costello@ENRON
06/27/2000 02:28 PM

To: Mary Ellen Coombe/Houston/Eott@Eott
cc:
Subject: Mid-Year PRC Process for Managers

To: Shelley Corman/ET&S/Enron@ENRON, Rick Craig/OTS/Enron@Enron, Drew
Fossum/ET&S/Enron@ENRON, Robert Hayes/FGT/Enron@ENRON, Robert
Hill/NPNG/Enron@ENRON, Michel Nelson/ET&S/Enron@ENRON, Dave
Neubauer/ET&S/Enron@ENRON, James Saunders/FGT/Enron@ENRON, Julia
White/ET&S/Enron@ENRON
cc: Stanley Horton/Corp/Enron@Enron, Bill Cordes/ET&S/Enron@ENRON, Larry
DeRoin/NPNG/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Phil
Lowry/OTS/Enron@ENRON, John Goodpasture/OTS/Enron@ENRON, Rockford
Meyer/FGT/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, Sheila
Knudsen/Corp/Enron@ENRON, Wilson Barbee/HR/Corp/Enron@ENRON, Roger
Sumlin/HR/Corp/Enron@ENRON

Subject: Mid-Year PRC Process for Managers

Ladies & Gentlemen:

This is to confirm your appointment as a member of the Performance Review
Committee (PRC) that will cross-calibrate mid-year performance rankings for
all GPG manager-level employees.

For the first time, we will convene a GPG-wide PRC to review the ratings
developed in functional and business-unit performance-mangement sessions in
order to determine final ratings for all employees in manager positions.
This cross-calibration, which will be ratified by GPG's Management Committee,
will help ensure equity in how performance is measured and rewarded for our
managers.

Your participation is critical to the success of this meeting, which is
scheduled for Thursday, July 20, in Houston at 1:00 PM. (We'll shoot to be
finished between 5:30 and 6:00 PM.) Please advise me a soon as possible
should there be any conflict affecting your availability to attend. Sheila
Kundsen, corporate vice president of compensation, will facility this
important meeting for us, I will participate with you as a member of the
committee. Additional information about the session will be provided to you
as the meeting date draws nearer.

Please contact me with any questions you have regarding the meeting.

Regards,

dave