First Amendment to Employment Agreement between Plains Exploration & Production Company and Doss R. Bourgeois
Plains Exploration & Production Company and Doss R. Bourgeois have agreed to amend their original employment agreement, effective April 26, 2007. The amendment specifically changes Paragraph 6(c)(vi) by removing references to Sections 6(c)(iii) and (iv). All other terms of the original agreement remain unchanged. This amendment is signed by both the company's CEO and Mr. Bourgeois.
EXHIBIT 10.3
PLAINS EXPLORATION & PRODUCTION COMPANY
FIRST AMENDMENT TO
EMPLOYMENT AGREEMENT
WHEREAS, effective as of November 8, 2006, Plains Exploration & Production Company (the “Company”) entered into an employment agreement (the “Agreement”) with Doss R. Bourgeois (the “Employee”); and
WHEREAS, the Company and the Employee have agreed to amend the Agreement as set forth below;
NOW, THEREFORE, the Company and the Employee agree that Paragraph 6(c)(vi) of the Agreement shall be amended by deleting the reference to Sections 6(c)(iii) and (iv).
IN WITNESS WHEREOF, the Company and the Employee have executed this First Amendment on the 26th day of April, 2007.
| PLAINS EXPLORATION & PRODUCTION COMPANY | ||
| By: | /s/ James C. Flores | |
| James C. Flores | ||
| Chief Executive Officer, President and Chairman of the Board | ||
| EMPLOYEE | ||
| /s/ Doss R. Bourgeois | ||
| Doss R. Bourgeois | ||
