Amendment No. 1 to El Paso Energy Corporation 2001 Stock Option Plan for Non-Employee Directors

Summary

This amendment updates the name of the El Paso Energy Corporation 2001 Stock Option Plan for Non-Employee Directors to reflect the company's new name, El Paso Corporation, effective February 7, 2001. All references to the former company name in the plan are changed accordingly. The amendment is executed by company officers and does not alter any other terms of the plan.

EX-10.G.1 4 h93211ex10-g_1.txt AMEND. #1 TO 2001 STOCK OPTION PLAN EXHIBIT 10.G.1 AMENDMENT NO. 1 TO THE EL PASO ENERGY CORPORATION 2001 STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS Pursuant to Section 9.1 of the El Paso Energy Corporation 2001 Stock Option Plan for Non-Employee Directors, effective as of January 29, 2001 (the "Plan"), the Plan is hereby amended as follows, effective February 7, 2001: WHEREAS, the Certificate of Incorporation of El Paso Energy Corporation, a Delaware corporation, was amended to change the name of the corporation to El Paso Corporation effective February 7, 2001. NOW THEREFORE, the name of the Plan is hereby changed to the "El Paso Corporation 2001 Stock Option Plan for Non-Employee Directors" and all references in the Plan to "El Paso Energy Corporation" or the "Company" shall mean "El Paso Corporation." IN WITNESS WHEREOF, the Company has caused this amendment to be duly executed on this 7th day of February 2001. EL PASO CORPORATION By: /s/ Joel Richards III -------------------------------------- Joel Richards III Executive Vice President Human Resources and Administration Attest: /s/ David L. Siddall - --------------------------------------- Corporate Secretary