1
EXHIBIT 10.6
July 9, 1997
Xx. Xxxxx X. Xxxxxxxxx
0000 Xxxxxxxxxx
Xxxxxxx, Xxxxx 00000-0000
Dear Xxxxx:
Your Employment Agreement with Burlington Resources Inc. (the "Company") is
dated December 6, 1995 (the "Agreement"). The Board of Directors (the "Board")
of the Company has deemed it advisable and in the best interests of the Company
and its stockholders to amend the Agreement with respect to the matters
addressed herein. Accordingly, this letter, when accepted by you in the space
provided below, will amend the Agreement, effective immediately, in the
following particulars:
1. Position. Your position will be that of Chairman of the Board,
President and Chief Executive Officer of the Company.
2. Base Salary. Your minimum salary will be $750,000 per annum or
such higher rate as may be fixed from time to time by the Board.
3. Term of Obligations. Each reference in the Agreement to December
15, 2000 shall be replaced with July 9, 2002.
The Agreement, as amended hereby, shall remain in full force and effect in
accordance with its terms. If this letter correctly sets forth our agreement,
please sign the original and return it to me. Please retain a copy for your
records.
Very truly yours,
BURLINGTON RESOURCES INC.
/s/ XXXXXX X. XXXXXXXXX
--------------------------------
BY Xxxxxx X. Xxxxxxxxx
Its Executive Vice President,
Law and Administration
ACCEPTED AND AGREED TO
this 9th day of July, 1997.
/s/ XXXXX X. XXXXXXXXX
------------------------------------
Xxxxx X. Xxxxxxxxx