EXHIBIT 10.7
Effective Date: April 20, 2006
Xx. Xxxxx Christmas
Re: Amendment No. 3 to Employment Agreement
Dear Mr. Christmas:
When countersigned by you, this letter will serve as an amendment (referred to
here as "AMENDMENT NO. 3") to your existing employment agreement with KCS
Energy, Inc. (the "COMPANY") dated December 1, 2001 (the "ORIGINAL AGREEMENT").
1. "CHANGE IN CONTROL" PROVISION. Section 11.1 of the Original Agreement is
amended by deleting the words "after the date of this Agreement and on or before
August 31, 2006 (but not thereafter)" and substituting therefor the words "after
the date of this Agreement and on or before August 31, 2008 (but not
thereafter)".
2. ORIGINAL AGREEMENT RATIFIED. In all other respects, the Original
Agreement remains in effect, and is ratified by you and by the Company.
* * *
Please sign below and return a signed copy to the Company to confirm your
agreement with this Amendment No. 3.
Very truly yours,
KCS ENERGY, INC.
By: /s/ Xxxxxxx X. Xxxxx
---------------------------------
Name: Xxxxxxx X. Xxxxx
Title: President and Chief Operating
Officer
Accepted and agreed to:
/s/ Xxxxx X. Christmas
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Xxxxx X. Christmas
