Amendment No. 2 to Supplement No. 1 to the El Paso Corporation Employee Severance Pay Plan

Summary

This amendment, effective June 1, 2003, updates the El Paso Corporation Employee Severance Pay Plan by removing certain individuals from eligibility under Supplement No. 1. The document is executed by El Paso Corporation and lists the employees who remain covered as of May 31, 2003. The amendment is signed by the company's Executive Vice President of Administration and the Corporate Secretary.

EX-10.Z.1 7 h06201exv10wzw1.txt AMEND. #2. TO SUPP. #1 TO SEVERANCE PAY PLAN EXHIBIT 10.Z.1 AMENDMENT NO. 2 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 remove certain individuals who are no longer eligible to be covered by Supplement No. 1 effective as of June 1, 2003. IN WITNESS WHEREOF, the Company has caused this amendment to be duly executed on the 31st day of May, 2003. EL PASO CORPORATION By: /s/ David E. Zerhusen -------------------------------- David E. Zerhusen Its Executive Vice President Administration 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 May 31, 2003) Robert W. Baker Jeffery I. Beason Norma F. Dunn Rodney D. Erskine Peggy A. Heeg Robert G. Phillips D. Dwight Scott John W. Somerhalder II Acknowledged and Accepted effective the 31st day of May, 2003. By: /s/ David E. Zerhusen --------------------------------- David E. Zerhusen Its Executive Vice President Administration