FW: Re-Allocaton of $'s

See request below.

-----Original Message-----
From: Lavorato, John
Sent: Wednesday, January 16, 2002 4:22 PM
To: Presto, Kevin M.
Subject: RE: Re-Allocaton of $'s

louise and greg are in charge

-----Original Message-----
From: Presto, Kevin M.
Sent: Wednesday, January 16, 2002 3:50 PM
To: Fitzpatrick, Amy; Lavorato, John
Subject: Re-Allocaton of $'s

I would like to recommend to following allocations of retention $'s - THIS CREATES NO NET IMPACT ON TOTAL $'S ON THE SPREADSHEET

Gain 575 cash 450 equity (Rogers Herndon, John Forney, Joe Wagner, Tom May)

Re-allocate in the following manner:
Cash Equity
Arora +75k +75k
Gilb-Smith +25k +25k
King +25k +25k
Gupta +25k +25k
Misra +75k +75k
Suarez +50k +50k
Carson +25k +25k
Imai +25k +25k
Steffes +50k +50k (we will lose key reg people if we don't pay)
Nicolay +50k +50k (" " ")
Novosel +25k +25k (" " ")

Please call with any questions. I feel very good about keeping nearly all of these people at the levels above and we could lose some key ones if we don't do this.
Again, I am not spending any additional $'s - I am simply taking from other people who will not be part of UBS.

Kevin Presto
East Power Trading
Phone: 713-853-5035
Cell: 713-854-3923
Fax: 713-646-8272