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EXHIBIT 10.15
AMENDMENT TO SUPPLEMENTAL RETIREMENT INCOME AGREEMENT
THIS AMENDMENT TO SUPPLEMENTAL RETIREMENT INCOME AGREEMENT
("Amendment") is entered into as of the 30th day of September, 1999 by and
between Devon Energy Corporation, a Delaware corporation (the "Corporation") and
Xxxx X. Xxxxxxx (the "Executive").
WITNESSETH:
WHEREAS, the Corporation and the Executive have previously entered into
that certain Supplemental Retirement Income Agreement dated March 26, 1997 (the
"Agreement"), which provided that the Corporation would provide to the Executive
a "supplemental retirement income" pursuant to the terms of the Agreement; and
WHEREAS, the parties desire to amend the Agreement to increase the
amount of the supplemental retirement income provided under the Agreement.
NOW, THEREFORE, for good and valuable consideration, the receipt of
which is hereby acknowledged, the parties hereto agree that Section 1 of the
Agreement shall be amended to add the following sentence:
"Provided, however, effective October 1, 1999, the annual
Supplemental Retirement Income shall be increased from $180,000
to $200,000, and the equal monthly installments of Supplemental
Retirement Income will be increased from $15,000 to $16,666.66."
IN WITNESS WHEREOF, the parties have executed this Amendment as of the
day and year first above written.
"Corporation" DEVON ENERGY CORPORATION, a Delaware
corporation
By /s/ J. Xxxxx Xxxxxxx
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J. Xxxxx Xxxxxxx, President and
Chief Executive Officer
"Executive" /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
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