Amendment No. 3 to Supplement No. 1 to the El Paso Corporation Employee Severance Pay Plan

Summary

This amendment, effective September 2, 2003, updates Supplement No. 1 to the El Paso Corporation Employee Severance Pay Plan by adding a new eligible employee to the list of participants covered by the plan. The amendment is executed by El Paso Corporation and specifies the names of all eligible employees as of the effective date. The main purpose is to ensure the newly listed employee receives the same severance benefits as other covered participants.

EX-10.Z.1 5 h09449exv10wzw1.txt AMEND.NO.3 TO SUPP.NO.1 TO EMP.SEVERANCE PAY PLAN EXHIBIT 10.Z.1 AMENDMENT NO. 3 TO THE SUPPLEMENT NO. 1 TO THE EL PASO CORPORATION EMPLOYEE SEVERANCE PAY PLAN Exhibit A of Supplement No. 1 to the El Paso Corporation Employee Severance Pay Plan effective as of January 1, 2003, as amended (the "Supplement No. 1"), is hereby amended, as attached, to add an Eligible Employee who shall be deemed to be a participant covered by Supplement No. 1 effective as of September 2, 2003. IN WITNESS WHEREOF, the Company has caused this amendment to be duly executed on the 2nd day of September, 2003. EL PASO CORPORATION By: /s/ Gary J. Konnie ---------------------------------- Gary J. Konnie Its Senior Vice President Human Resources Attest: /s/ David L. Siddall - --------------------------------- Corporate Secretary Exhibit A Eligible Employees Covered by Supplement No. 1 to the El Paso Corporation Severance Pay Plan (as of September 2, 2003) Robert W. Baker Jeffery I. Beason Norma F. Dunn Rodney D. Erskine Douglas L. Foshee Peggy A. Heeg Robert G. Phillips D. Dwight Scott John W. Somerhalder II Acknowledged and Accepted effective the 2nd day of September, 2003. By: /s/ GARY J. KONNIE ----------------------------------- Gary J. Konnie Its Senior Vice President Human Resources