-----Original Message-----
From: 	Huynh, Catherine  
Sent:	Friday, October 19, 2001 11:38 AM
To:	Cash, Michelle
Subject:	RE: Enron Metals North America Voluntary Separation

Michelle,

I'm quite happy with the lay out of the plan (great flexibility), but have just a few comments/questions.

Article 2.3, Can we make such a broad statement that is so biased toward the Company?

Article 3.1, I think the max payment is 56 weeks.

Article 5.2, Under failure to meet performance, can we reduce the 45 day period and reference oral notification as well as written notification?  One of my concerns is, if we notify someone that we accept their Voluntary application, but need them to work for the next 3-4 months, the employees' motivation level might be very low which will effect their performance level.  Or perhaps we can build a statement in to the Separation and Release Agreement stating that the completion of their transition of their role needs to be satisfactorily completed to receive the separation pay.

Also, somewhat related, do we expect to have the involuntary severance plan amended anytime this year?  As I'm working out the next stage of involuntary severance reductions, just need to know if the calculation is likely to change.

Thanks Michelle.

Cathy

Human Resources
Enron Metals & Commodity Corp.
520 Madison Ave., 28th Floor
New York, NY 10022
Tel: 212-715-5276
Fax: 212-715-5231
E-Mail: Catherine.Huynh@Enron.com

 -----Original Message-----
From: 	Cash, Michelle  
Sent:	Thursday, October 18, 2001 1:57 PM
To:	Huynh, Catherine
Subject:	FW: Enron Metals North America Voluntary Separation

FYI, please let me know if you have any comments.  Michelle

 -----Original Message-----
From: 	FMackin@aol.com@ENRON  
Sent:	Thursday, October 18, 2001 12:27 PM
To:	Palmer, Lizzette; Cash, Michelle
Subject:	Re: Enron Metals North America Voluntary Separation

Lizzette and Michelle, 
Attached is a discussion draft of the plan document.  Please review and send to others who need or wish to review it.  I have designed flexibility into the Plan that should serve us well in the event of design changes. 
Please share your comments with me or let me know if you have any questions. 
Pat 

 - Enron Metals US Vol Term Plan Doc1.doc << File: Enron Metals US Vol Term Plan Doc1.doc >>