Amendment to Apache Corporation Non-Qualified Retirement/Savings Plan – Change of Control Definition
Apache Corporation has amended its Non-Qualified Retirement/Savings Plan, effective March 1, 2021. The amendment updates the definition of "Change of Control" in the plan by replacing references to "Apache" with "APA Corporation, a Delaware corporation, or its successor." This change clarifies which entity is referenced in the plan's provisions regarding a change of control. The amendment was executed by Apache Corporation's Vice President of Human Resources.
Exhibit 10.3
Apache Corporation Non-Qualified Retirement/Savings Plan
Amendment to Definition of Change of Control
Apache Corporation (“Apache”) sponsors the Apache Corporation Non-Qualified Retirement/Savings Plan (the “Plan”). In section 8.02 of the Plan, Apache reserved the right to amend the Plan from time to time. Apache hereby exercises that right as follows, effective March 1, 2021:
| 1. | Section 1.06 (Change of Control) is hereby amended by replacing the word “Apache” with the phrase “APA Corporation, a Delaware corporation, or its successor”. |
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EXECUTED this 1st day of March, 2021.
| APACHE CORPORATION | ||
| By: | /s/ Brandy Jones | |
| Brandy Jones Vice President, Human Resources | ||
Signature Page to Apache Corporation Non-Qualified Retirement/Savings Plan
Amendment to Definition of Change of Control
