Message-ID: <29078148.1075862053421.JavaMail.evans@thyme>
Date: Tue, 27 Nov 2001 06:43:46 -0800 (PST)
From: david.oxley@enron.com
To: kathryn.schultea@enron.com
Subject: Severance
Cc: mary.joyce@enron.com, cindy.olson@enron.com, j..kean@enron.com, 
	michelle.cash@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: mary.joyce@enron.com, cindy.olson@enron.com, j..kean@enron.com, 
	michelle.cash@enron.com
X-From: Oxley, David </O=ENRON/OU=NA/CN=RECIPIENTS/CN=DOXLEY>
X-To: Schultea, Kathryn </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Kschul2>
X-cc: Joyce, Mary </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mjoyce>, Olson, Cindy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Colson>, Kean, Steven J. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Skean>, Cash, Michelle </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mcash>
X-bcc: 
X-Folder: \MCASH (Non-Privileged)\Cash, Michelle\Inbox
X-Origin: Cash-M
X-FileName: MCASH (Non-Privileged).pst

Kathy,

My recollection is the costs to us were roughly:

Scenario 1				$55m
2 week for service
2 weeks for $10k in pay
Min 8 weeks max 52

Scenario 2				$45m
1.5 weeks
1.5 weeks
Min 8 max 39

Scenario 3				$35m
Dynegy
2 weeks
Min 13 weeks max 52

I've pitched the following compromise to Dynegy this morning:

2 weeks for service
2 weeks for every $10k of salary capped at $100k
Min 13 weeks max 52 weeks.

Can you run numbers and correct above if I'm way off.

Thanks

David