EXHIBIT 10.23
FIRST AMENDMENT TO
PURCHASE AND SALE AGREEMENT
This First Amendment to Purchase and Sale Agreement (this "Amendment") is
entered into this 16th day of October, 2003, by and among EL PASO PRODUCTION
COMPANY and EL PASO PRODUCTION GOM INC. (collectively "El Paso") and XXXXXX
COMMERCIAL PAPER INC. ("Xxxxxx").
WHEREAS, El Paso and Xxxxxx entered into that certain Purchase and Sale
Agreement dated October 3, 2003 (the "Purchase and Sale Agreement");
WHEREAS, Exhibits "A" and "B" attached thereto contained certain errors and
omissions; and
WHEREAS, El Paso and Xxxxxx desire to correct these errors and omissions by
substituting corrected exhibits.
NOW THEREFORE, in consideration of the terms and provisions of the Purchase and
Sale Agreement and this Amendment, the adequacy of which is hereby acknowledged,
El Paso and Xxxxxx do hereby amend the Purchase and Sale Agreement by deleting
Exhibits "A" and "B" of the Purchase and Sale Agreement and substituting in lieu
thereof Exhibits "A" and "B" attached hereto and made part hereof.
This Amendment shall be effective as of October 3, 2003 (the "Effective Date").
Except as amended herein, all provisions of the Purchase and Sale Agreement
shall remain unchanged and in full force and effect. No representations,
memoranda, agreements or other matters, oral or written, prior to the execution
of this Amendment shall vary, alter or interpret the terms hereof. The terms and
provisions of this Amendment do not and shall not be interpreted to be a release
by either El Paso or Xxxxxx from any claim which such party may have; provided,
however, the conduct of the parties from the Effective Date hereof shall be
governed by this Amendment.
Executed the date first written above.
EL PASO PRODUCTION COMPANY XXXXXX COMMERCIAL PAPER INC.
By: /s/ XXXX X. XXXXXX By: /s/ J. XXXXXX XXXXXXXX
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Xxxx X. Xxxxxx, Senior Vice President J. Xxxxxx Xxxxxxxx
Authorized Representative
EL PASO PRODUCTION GOM INC.
By: /s/ XXXX X. XXXXXX
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Xxxx X. Xxxxxx, Senior Vice President
