Amendment No.2 to Stock Option Plan for Non-Employee Directors

Contract Categories: Business Finance - Stock Agreements
EX-10.B.2 3 h53583exv10wbw2.htm AMENDMENT NO.2 TO STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS exv10wbw2
 

EXHIBIT 10.B.2
AMENDMENT NO. 2 TO THE
EL PASO ENERGY CORPORATION
STOCK OPTION PLAN FOR
NON-EMPLOYEE DIRECTORS
     Pursuant to Section 9.1 of the El Paso Energy Corporation Stock Option Plan for Non-Employee Directors, Amended and Restated effective as of January 20, 1999 (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 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