EXHIBIT 10.3
This agreement between Ultramar Diamond Shamrock Corporation (the "Company") and
______________________ (the "Executive") constitutes an amendment, effective as
of May 1, 2000, to the Disability Benefit Agreement dated
________________________, between the Company and the Executive (the "Disability
Benefit Agreement").
1. The Disability Benefit Agreement is hereby amended by adding thereto a new
Paragraph 2A, to read as follows:
2A. CONTINUATION OF BENEFITS.
If payments continue hereunder in accordance with Paragraph 2
after your monthly benefit payments cease under the LTD Plan,
you shall be entitled to continued participation in the
Company's benefit plans (except vacation) for the period of
such continuation on the same terms and conditions as applied
to you during the period in which you were receiving monthly
benefit payments under the LTD Plan.
2. The Executive acknowledges that his signature below represents only an
acknowledgment of the above amendment, and that the Company continues to
have the unilateral right to amend or terminate the Disability Benefit
Agreement in accordance with Paragraphs 4 and 5 thereof.
3. The Disability Benefit Agreement, except as herein amended, is hereby
ratified, confirmed, and approved in all respects.
IN WITNESS WHEREOF, the parties have executed this amendment as of the first day
of May, 2000.
ULTRAMAR DIAMOND SHAMROCK CORPORATION
By:__________________________________
_____________________________________
Executive
