Amendment No. 3 to Change in Control Agreement between KCS Energy, Inc. and Frederick Dwyer

Summary

This amendment updates the existing change in control agreement between KCS Energy, Inc. and Frederick Dwyer. It extends the agreement's effectiveness from August 1, 2006, to August 1, 2008, and removes the retention bonus provision. All other terms of the original agreement remain unchanged. Both parties must sign to confirm acceptance of these changes.

EX-10.11 13 h35269exv10w11.txt AMENDMENT NO.3 TO CHANGE IN CONTROL AGREEMENT - FREDERICK DWYER Exhibit 10.11 KCS ENERGY, INC. PHONE ###-###-#### 5555 San Felipe FAX ###-###-#### Suite 1200 www.kcsenergy.com Houston, Texas 77056 Effective Date: April 9, 2006 (KCS LOGO) Mr. Frederick Dwyer Re: Amendment No. 3 to Change in Control Agreement Dear Frederick: When countersigned by you, this letter will serve as an amendment (referred to here as "AMENDMENT NO. 3") to your existing change in control agreement with KCS Energy, Inc. (the "COMPANY") dated August 1, 2004, as amended (the "ORIGINAL AGREEMENT"). 1. EFFECTIVENESS OF AGREEMENT PROVISION. Section 5 of the Original Agreement is amended by deleting the words "August 1, 2006" and substituting therefor the words "August 1, 2008". 2. RETENTION BONUS. Section 7.4 will be deleted in its entirety. 3. ORIGINAL AGREEMENT RATIFIED. In all other respects, the Original Agreement remains in effect, and is ratified by you and by the Company. * * * Please sign below and return a signed copy to the Company to confirm your agreement with this Amendment No. 3. Very truly yours, KCS ENERGY, INC. By: /s/ James W. Christmas ------------------------------------ James W. Christmas Chairman and Chief Executive Officer Accepted and agreed to: /s/ Frederick Dwyer - ---------------------------------------- Frederick Dwyer