First Amendment to Cooper Cameron Corporation 2005 Equity Incentive Plan

Summary

This amendment, effective February 15, 2006, modifies the Cooper Cameron Corporation 2005 Equity Incentive Plan. It limits the cumulative total of certain grants under Section 7.4 to no more than 5% of the total shares available under the plan. The amendment is ratified and affirmed by the company, as approved by its Vice President, General Counsel, and Secretary.

EX-10.13 4 h33454exv10w13.htm FIRST AMENDMENT TO 2005 EQUITY INCENTIVE PLAN exv10w13  

Exhibit 10.13
FIRST AMENDMENT TO
COOPER CAMERON CORPORATION
2005 EQUITY INCENTIVE PLAN
     WHEREAS, COOPER CAMERON CORPORATION (the “Company”) has heretofore adopted the 2005 EQUITY INCENTIVE PLAN (the EQIP Plan); and
     WHEREAS, the Company desires to amend the 2005 Equity Incentive Plan in certain respects;
     NOW, THEREFORE, the 2005 Equity Incentive Plan shall be amended as follows, effective as of February 15, 2006:
  1.   Section 7.4 of the 2005 Equity Incentive Plan be and hereby is amended by adding, in the seventh line thereof following the word “employer,” the following words:
“(so long as the cumulative total of any such grants does not exceed five percent (5%) of the total number of shares subject to the Plan)”
  2.   As amended hereby, the Plan is specifically ratified and affirmed.
         
  APPROVED:
 
 
  /s/ William C. Lemmer    
  William C. Lemmer
Vice President, General Counsel
    and Secretary

Date: February 15, 2006