Problem: BODY: Sorry, but I still can't talk. Although Marie is not in today, I can have Susan Bailey (Ext. 34737) contact Morgan to alert them that the faxed docs are coming. We also will need a signature on the agreement itself and I can't recall if Marie sent that already. Please call Susan so that we can be more specific about what might happen today (and whether it can wait until Monday morning when Marie returns). I have not received anything from Robert. Thanks. Sara
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A: SUBJECT: Brokerage Account

Problem: BODY: Michelle, All efforts to try to get Mo to reduce his contract pay and end the separation negotiations have been unsuccessful and on August 9th, he sent me an e-mail stating that he has decided to continue his garden leave with full pay & benefits and will await "Enron's notification regarding termination according to his employment terms." We were prepared that he would come back with this and we will continue to pay him, but it's this last statement about the notification of termination that concerns me. I would have thought that our presentation of a separation agreement to him back in November would have been enough written "notification" that we do not wish to continue his employment past the contract end date, but in speaking with him further, he seems to think that its not. His contract states that if the Company terminates your employment without 12 months written notice, then the Company shall pay you the remainder of your salary for the 12 months from the date it gave your notice, in a lump sum. His contract end date is 6/30/2002 and the last thing we want to do is to pay him additional money. Please let me know what your legal interpretation of this notification clause is and whether or not we are required to give him a formal termination notice. Thanks
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A: SUBJECT: Dr. Mo's notice period

Problem: BODY: Brent: attached is a draft memo that Lynn and I prepared. We would appreciate your comments. Also, who else do you think should be a recipient of this memo? Should we prepare a separate "Action Plan" or strategy to submit to Mike? You may recall in our meeting of Friday last that Mike committed to assess the long term situation in BA (at least I think that's what he agreed to do) and we (foolishly) committed to prepare a review of our activity in BA. Maybe we can discuss on Friday morning at 9 am (Houston)/12 pm (BA). Let us know if you have any questions. I believe that Lynn is in a seminar on Thursday. Sara
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A:
SUBJECT: Draft Trading Memo