Enron Mail

From:f..calger@enron.com
To:louise.kitchen@enron.com
Subject:FW: Employment Agreement Request for David Parquet
Cc:
Bcc:
Date:Wed, 8 Aug 2001 10:26:55 -0700 (PDT)

Hate to bug you again on this, but the deal probably gets tougher to close when Wolfe walks.

Chris Calger
503-464-3735

-----Original Message-----
From: Calger, Christopher F.
Sent: Tuesday, July 24, 2001 4:14 PM
To: Kitchen, Louise
Subject: FW: Employment Agreement Request for David Parquet

- Dave is incredibly valuable to our business.
- He lives in the most expensive city in the country.
- He has made Enron $90MM, most of which could not have closed if he lived in Houston or Portland.
- He is sitting on (like the rest of us) a lot of out of the money calls.

I think the following is appropriate:

Base: $200 + $15 COLA
Signing: $100
Equity: $300 (50/50)



Chris Calger
503-464-3735

-----Original Message-----
From: Fitzpatrick, Amy
Sent: Tuesday, July 24, 2001 3:35 PM
To: Calger, Christopher F.
Subject: FW: Employment Agreement Request for David Parquet

Chris -

Please see Louise's response.

A

-----Original Message-----
From: Kitchen, Louise
Sent: Tuesday, July 24, 2001 3:34 PM
To: Fitzpatrick, Amy
Subject: RE: Employment Agreement Request for David Parquet

In line with the rest of the organisation

Base: $200,000
Signing: $100,000
Equity: $250,000 equity (50/50) on signing


-----Original Message-----
From: Fitzpatrick, Amy
Sent: Monday, July 23, 2001 10:36 AM
To: Kitchen, Louise
Subject: Employment Agreement Request for David Parquet

Louise -

David Parquet is currently on an employment agreement which expires on 12/1/2001. Chris would like to be proactive in signing Dave up again for another 2 years.

Dave's current contract details are:

Base: $200,000 (due to SF cost of living)
Equity: $100,000 equity (50/50) on 1/1/00
Equity: $100,000 equity (50/50) on 1/1/01

Chris is proposing:

Base: $215,000 (or $200,000 with a COLA payment of $15,000 for each year of term)
Signing: $100,000
Equity: $350,000 (50/50)

Please let me know your thoughts.

Thanks!
Amy