Michelle, 

See below.  Please print a final and initial for signatures.  We'll forward to Joe for his signature.

Twanda, Please adjust the spacing on "Provided" for storage in Exhibit A.

Regards,

Tim

-----Original Message-----
From: Joe Kishkill [mailto:joe_kishkill@yahoo.com]
Sent: Wednesday, October 17, 2001 10:26 PM
To: Callahan, Timothy
Subject: Re: Separation Agreement


Tim,

Looks fine to me.

Any word on the Saralux stuff?

Either way, I am ready to execute the agreement.

Thanks,

Kish
--- "Callahan, Timothy" <Timothy.Callahan@ENRON.com>
wrote:
> Joe,
> 
> Legal sent me another draft.  Since you don't have a
> fax, I've included
> the changes for your review below.  If you approve,
> I'll have her print
> a final and get the signatures and send to you in
> duplicate.
> 
> Regards,
> 
> Timothy J. Callahan
> Director, Global Employee Services
> Enron Corp
> 333 Clay Street, Suite 2025
> Houston, Texas 77002
> Telephone:  713.646.9565
> Fax:  713.646.9501
> 
> 7.9 New version below.  I think this makes sense
> now.
> 
> Entire Agreement;  Modification.  This Agreement
> does not supersede
> Employee's continuing obligations described in
> Article 5, Article 6, and
> Section 7.2 of the Employment Agreement.  This
> Agreement constitutes the
> entire agreement of the parties with regard to the
> employment and
> termination of employment of Employee, supersedes
> any and all prior
> written agreements between the parties, and contains
> all of the
> covenants, promises, representations, and agreements
> between the parties
> with respect to the termination of employment of
> Employee with Company.
> Each party to this Agreement acknowledges that no
> representation,
> inducement, promise, or agreement, oral or written,
> has been made by
> either party, which is not embodied herein or
> referred to hereby and
> that no agreement, statement, or promise relating to
> the employment or
> termination of employment of Employee with Company,
> which is not
> contained in this Agreement, shall be valid or
> binding.  Any
> modification of this Agreement will be effective
> only if it is in
> writing and signed by both
> parties.
> 
> 
> 7.10 No change.  The situation where Enron is
> acquired by a company
> where you are employed would not fall under "rehire"
> by Enron.  Your
> company would be hiring the employees of Enron, not
> the other way
> around.
> 
> 
> Exhibit A
> 
> 
> Added the following to Repatriation and Related
> items at bottom:
> 
> "The items described above must be used within the
> six-month
> non-competition period; after that time, they will
> be forfeited.  If
> household goods are to be shipped to Argentina,
> Employee will have until
> May 15, 2002 to provide for duty free importation of
> goods into
> Argentina.  Additional time will be allowed where
> Enron must provide
> documents for duty free import of goods into
> Argentina."
> 
> Changed Furniture Storage from reimbursed to
> Provided.
> 
> 
>
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