re : confidential sophie , thanks . i shall discuss this with steve as soon as we have the nomination form signed . i can do it while he is stioll here at houston . vince sophie kingsley 09 / 05 / 2000 10 : 37 am to : dale surbey / lon / ect @ ect cc : vince j kaminski / hou / ect @ ect , michele small / lon / ect @ ect subject : re : confidential we need to get a nomination form signed by you & vince . once we have this you guys can discuss the figures with steve and once everything is agreed we will get the nomination form signed by sherriff and the agreement drawn up . i will get one up to you today / tomorrow . dale surbey 05 / 09 / 2000 15 : 33 to : vince j kaminski / hou / ect @ ect cc : sophie kingsley / lon / ect @ ect , michele small / lon / ect @ ect subject : re : confidential sophie - what do we need to do to implement this ? vince - do you want to go through this with steve while he ' s in houston ? - dale vince j kaminski 30 / 08 / 2000 23 : 43 to : sophie kingsley / lon / ect @ ect cc : dale surbey / lon / ect @ ect , vince j kaminski / hou / ect @ ect , michele small / lon / ect @ ect subject : re : confidential sophie , i think it ' s a fair deal . vince sophie kingsley 08 / 30 / 2000 11 : 49 am to : dale surbey / lon / ect @ ect cc : vince j kaminski / hou / ect @ ect , michele small / lon / ect @ ect subject : re : confidential both , thanks for your comments and comparisons , it is good to get context . based on your comments here would be my proposal o 63 , 500 basic salary - ol 5 k kickers for each of the 2 years - these are paid as a lump sum on each anniversary guaranteed . therefore guaranteed salary is effectively o 78 , 500 - this is completely separate and in addition to any performance bonus increase the value of options to o 60 k to vest 1 / 3 as before - which leaves a 1 / 3 ( $ 20 , 000 ) hanging out there at the end of the contract . just fyi - anjam is currently on o 68 , 000 but does not have an agreement , so this would effectively put a 10 . 5 k gap between the two . let me know your thoughts . dale surbey 30 / 08 / 2000 16 : 09 to : sophie kingsley / lon / ect @ ect cc : subject : re : confidential sophie , here ' s vince ' s comments on your proposal for steve . also , what ' s a 2 - yr exec ? how do the kickers work - are they basically a guaranteed minimum bonus or incremental bonus ? - dale - - - - - - - - - - - - - - - - - - - - - - forwarded by dale surbey / lon / ect on 30 / 08 / 2000 16 : 10 - - - - - - - - - - - - - - - - - - - - - - - - - - - vince j kaminski 30 / 08 / 2000 14 : 21 to : dale surbey / lon / ect @ ect cc : vince j kaminski / hou / ect @ ect subject : re : confidential dale , thanks for your message . i don ' t know the labor market in london that well but here the market for quants is very hot . steve is in my view an exceptionally talented person and i would go an extra mile to retain him long - term for the company . i would adjust the base salary or the kicker upward a bit . o 62 , 000 basic is what anjam is receiving currently ( if i remember correctly ) . steve has a much higher value to enron than anjam . vince dale surbey 08 / 30 / 2000 07 : 49 am to : vince j kaminski / hou / ect @ ect cc : subject : confidential vince , this is the package hr is proposing for steven . what do you think ? - dale - - - - - - - - - - - - - - - - - - - - - - forwarded by dale surbey / lon / ect on 30 / 08 / 2000 13 : 50 - - - - - - - - - - - - - - - - - - - - - - - - - - - sophie kingsley 29 / 08 / 2000 20 : 32 to : dale surbey / lon / ect @ ect cc : subject : confidential sorry dale , long day , here are the proposed numbers 2 year exec o 62 , 000 basic ( currently o 55 k ) ol 0 k each year kickers $ 50 , 000 worth of options to vest 1 / 3 1 / 3 1 / 3 let me know what you think . regards sophie