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Enron Mail |
John, as discussed this is what we could do:
Current: Proposed: Term: Expired March 00 2 years thru Sept 02 Base: $130,000 $170,000 COLA: $ 23,400 Zero Cash retention: $ 50,000 None Bonus: $110,000 (no target) No Target ENE LTI Gurantee: None $150,000 minimum struck in 1/01 $100,000 minimum struck in 1/02 Approx annual $313,400 $430,000 (assuming same bonus for illustration) Let me know if you want a draft prepared. David John J Lavorato@ENRON 09/25/2000 10:29 AM To: David Oxley/HOU/ECT@ECT cc: Subject: Greg Wolfe ---------------------- Forwarded by John J Lavorato/Corp/Enron on 09/25/2000 10:24 AM --------------------------- From: Tim Belden @ ECT 09/20/2000 12:09 PM To: John J Lavorato/Corp/Enron cc: Subject: Greg Wolfe Here is Greg Wolfe's information. In addition, he has received the following LT equity: Date Type Term Number Strike 12/31/97 KEYSOP Opt 10 1500 20.78 2/7/99 ECT LTCP Opt 10 6508 31.46 2/7/99 ECT LTCP RS 10 2468 31.46 What would you recommend for a contract structure?
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