Tenth Amendment to the Premcor Retirement Savings Plan by The Premcor Refining Group Inc.

Summary

The Premcor Refining Group Inc. has amended its Retirement Savings Plan to lower the threshold for certain mandatory distributions from $5,000 to $1,000. This change is effective as of March 28, 2005, and applies to specific sections of the plan. The amendment was executed by the company's Senior Vice President, James R. Voss, on February 14, 2005.

EX-10.3 4 dex103.htm TENTH AMENDMENT TO THE PREMCOR RETIREMENT SAVINGS PLAN Tenth Amendment to the Premcor Retirement Savings Plan

Exhibit 10.3

TENTH AMENDMENT TO THE

PREMCOR RETIREMENT SAVINGS PLAN

WHEREAS, The Premcor Refining Group Inc. (“Company”) previously adopted the Premcor Retirement Savings Plan (“Plan”); and

WHEREAS, the Company reserved the right to amend the Plan pursuant to Section 16.1 thereof; and

WHEREAS, the Company desires to amend the Plan to reduce the limit for certain mandatory distributions, effective March 28, 2005;

NOW, THEREFORE, effective March 28, 2005, the Plan is amended as follows:

All references to the amount “$5,000” in Sections 9, 10, 17.11(a) and 17.20 are hereby replaced by the amount “$1,000”.

IN WITNESS WHEREOF, the Company has executed this amendment as of this 14 day of February, 2005.


THE PREMCOR REFINING GROUP INC.

By		/s/ James R. Voss
		James R. Voss, Senior Vice President