First Amendment to Schlumberger Limited Restoration Savings Plan (Effective January 1, 2004)

Summary

This amendment to the Schlumberger Limited Restoration Savings Plan, effective January 1, 2004, allows eligible employees of Schlumberger Limited to irrevocably elect to defer between 1% and 15% of their excess compensation, subject to certain exceptions. The amendment updates Section 4.1 of the original plan and is issued by Schlumberger Limited, a Netherlands Antilles corporation.

EX-10.9 3 dex109.htm SCHLUMBERGER LIMITED RESTORATION SAVINGS PLAN, FIRST AMENDMENT DATED 1/1/2004 Schlumberger Limited Restoration Savings Plan, First Amendment dated 1/1/2004

Exhibit 10.9

SCHLUMBERGER LIMITED

RESTORATION SAVINGS PLAN

(As Established Effective June 1, 1995)

First Amendment

Schlumberger Limited, a Netherlands Antilles corporation (the “Company”), having reserved the right under Section 8.2 of the Schlumberger Limited Restoration Savings Plan, as established effective June 1, 1995, to amend the Plan, does hereby amend the Plan, effective as of January 1, 2004, as follows:

Section 4.1 of the Plan is hereby amended by deleting the first paragraph thereof and replacing it with the following:

“Except as provided in Section 4.2, an Eligible employee may irrevocable elect to defer, in any whole percentage, an amount from 1% to 15% of such Eligible Employee’s Excess Compensation.”