AGREEMENT RESPECTING CHANGE OF CONTROL AND EXECUTIVE BENEFIT PLAN ENTITLEMENTSAgreement Respecting Change of Control • February 25th, 2010 • Nexen Inc • Crude petroleum & natural gas • Alberta
Contract Type FiledFebruary 25th, 2010 Company Industry JurisdictionObligations (as hereinafter defined), to provide for the securitization and funding of the Executive Benefit Plan Obligations (as hereinafter defined) and to provide for the cessation of the Executive’s coverage under the Statement of Company Procedure Regarding the Securitization of Nexen Inc. Restated Executive Benefit Plan, as amended or replaced from time to time (the “Securitization Procedure”).