SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
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EX-10.1 2 dex101.htm SECOND AMENDMENT TO EMPLOYMENT AGREEMENT Second Amendment to Employment Agreement
Exhibit 10.1
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
The Employment Agreement between Northwest Natural Gas Company, an Oregon corporation (NNG), and Mark S. Dodson (Dodson) dated December 20, 2002 (the Agreement), as previously amended by an amendment dated December 14, 2006, is hereby further amended as follows:
1. | Section 1.1 of the Agreement is amended to read in its entirety as follows: |
1.1 Dodsons employment shall be continued for a second five-year term by NNG commencing January 1, 2003 and continuing through December 31, 2007 (the Second Term). After the completion of the Second Term, Dodsons employment shall continue for an indefinite term, and he shall be an employee-at-will serving at the pleasure of the Board of Directors.
2. | Except as otherwise provided herein, all other provisions of the Agreement shall remain in full force and effect. |
IT IS SO AGREED:
NORTHWEST NATURAL GAS COMPANY | MARK S. DODSON | |||||||
By: | /s/ Richard G. Reiten | /s/ Mark S. Dodson | ||||||
Richard G. Reiten | Dated: September 27, 2007 | |||||||
Chairman of the Board | ||||||||
Dated: September 27, 2007 |