PLAINS EXPLORATION & PRODUCTION COMPANY SUMMARY OF NAMED EXECUTIVE OFFICER SALARY INCREASES Effective March 1, 2006
EX-10.4 3 dex104.htm SUMMARY OF EXECUTIVE OFFICER SALARY INCREASES Summary of Executive Officer Salary Increases
Exhibit 10.4
PLAINS EXPLORATION & PRODUCTION COMPANY
SUMMARY OF NAMED EXECUTIVE OFFICER
SALARY INCREASES
Effective March 1, 2006
Effective March 1, 2006, the base salaries of each of the named executive officers of Plains Exploration & Production Company was increased as follows: James C. Flores, to $800,000; Thomas M. Gladney and John F. Wombwell, to $500,000. Each executive’s target bonus is equal to his base salary.
Information related to the other elements of total compensation for these executive officers was previously disclosed in Plains Exploration & Production Company’s 2006 Proxy Statement filed March 20, 2006.
