Sixth Amendment to Energy Partners, Ltd. Change of Control Severance Plan
This amendment updates the Energy Partners, Ltd. Change of Control Severance Plan by changing a specific date in Section 9 from November 1, 2011, to November 1, 2013. The amendment is effective as of May 1, 2012, and is executed by the company's Senior Vice President. The plan outlines severance terms for employees in the event of a change of control at the company.
Exhibit 10.12
SIXTH AMENDMENT
TO ENERGY PARTNERS, LTD. CHANGE OF CONTROL SEVERANCE PLAN
The Energy Partners, Ltd. Change of Control Severance Plan, effective as of May 24,
2005, and as amended by the certain First, Second, Third, Fourth and Fifth Amendments thereto
(the "Plan"), is hereby amended as follows:
Section 9 is amended by deleting the date "November 1, 2011" in the second sentence and substituting therefor the date "November 1, 2013".
Duly adopted effective as of the 1st day of May, 2012.
ENERGY PARTNERS, LTD.
BY: /s/ David Cedro
David Cedro
Senior Vice President
