Amendment No. 2 to Employment Agreement between Western Refining GP, LLC and Jeff A. Stevens

Summary

This amendment, effective December 31, 2008, updates the employment agreement between Western Refining GP, LLC and Jeff A. Stevens. It clarifies that for any compensation or award subject to IRS Code Section 409A, a "Change in Control" will only be recognized if it meets the definition under Section 409A regulations. All other terms of the original agreement remain unchanged.

EX-10.2.2 3 d66460exv10w2w2.htm EX-10.2.2 exv10w2w2
EXHIBIT 10.2.2
WESTERN REFINING, INC.
AMENDMENT NO. 2 TO
EMPLOYMENT AGREEMENT
               This Amendment No. 1 to Employment Agreement (the “Amendment”) is effective December 31, 2008 (the “Effective Date”) by and between Western Refining GP, LLC (“Western”) and Jeff A. Stevens (“Executive”) and confirms the following Amendment No. 1 to Employment Agreement:
  1.   The following paragraph shall be added to the end of the “Change in Control” definition set forth under Section 1.1:
               Notwithstanding any other provision set forth in the Agreement, for purposes of any amount or award that is subject to Code Section 409A, a “Change in Control” as defined above will not be treated as a change in control unless it also is a change in control as defined in the regulations issued under Code Section 409A.
  2.   Except as expressly modified by this Amendment, the terms and conditions of the Agreement remain in full force and effect.
             
    WESTERN REFINING GP, LLC    
 
           
 
  By:   /s/ Paul L. Foster
 
   
 
  Name:   Paul L. Foster    
 
  Title:   Chief Executive Officer    
 
           
    EXECUTIVE    
 
           
 
  By:   /s/ Jeff A. Stevens
 
   
 
  Name:   Jeff A. Stevens    
 
  Title:   President and Chief Operating    
 
      Officer