Amended and Restated Change in Control Termination Benefits Agreement (August 7th, 2009)
THIS AMENDED AND RESTATED CHANGE IN CONTROL TERMINATION BENEFITS AGREEMENT (the Agreement), dated as of the 29th day of May, 2009, is between Hess Corporation, a Delaware corporation (the Company), and Brian J. Bohling (the Executive).
Re: Restrictive Agreement and General Release (May 8th, 2009)
You have advised us, and you hereby confirm, that you have elected to retire from employment with Hess Corporation (the Company) effective as March 31, 2009 (your Termination Date), and to resign as a director of the Company and as a director and officer of its subsidiaries and affiliates on or prior to your Termination Date. This Restrictive Agreement (this Agreement), together with the General Release attached hereto as Exhibit A (the General Release), confirms the agreements we have made in connection with your retirement.
Action to Amend the Amerada Hess Corporation Pension Restoration Plan (March 1st, 2007)
Action to Amend and Merge the Amerada Hess Corporation Employees Savings and Stock Bonus Plan and the Amerada Hess Corporation Savings and Stock Bonus Plan for Retail Operations Employees (March 1st, 2007)
WHEREAS, the Hess Corporation maintains the Amerada Hess Corporation Employees Savings and Stock Bonus Plan, as restated effective July 1, 2002, (the Corporate Savings Plan) and the Amerada Hess Corporation Savings and Stock Bonus Plan for Retail Operations Employees, as restated effective March 15, 2002, (the Retail Savings Plan); and