Enron Mail

From:tim.belden@enron.com
To:john.lavorato/corp/enron@enron.com
Subject:Wolfe Numbers
Cc:
Bcc:
Date:Thu, 5 Oct 2000 10:13:00 -0700 (PDT)

Greg came back to me with the following numbers. Let me know your thoughts
on accept/reject/counter.

I am out of the office on Friday and Monday.
---------------------- Forwarded by Tim Belden/HOU/ECT on 10/05/2000 04:57 PM
---------------------------


Greg Wolfe
10/05/2000 03:50 PM
To: Tim Belden/HOU/ECT@ECT
cc:
Subject: Numbers


Tim:

Summarizing our discussion:


Current Proposed Counter-proposal
Base: $186k $170k $210k
($130 base, $26 COLA, $30 retention)

Equity Plan: Participation Participation Participation
1/01 No guaranteed levels $150k 1/01 50% equity/50% options $150k 1/01
50% equity/50% options
1/02 No guaranteed levels $100k 1/02 50% equity/50% options $150k 1/02
50% equity/50% options


Bonus: Determined annually Determined annually Determined annually


Options at
Contract Execution: No discussion 10,000 options


Deferral Plan
Particiaption: Participant No Discussion Guaranteed Continued
Participation