EXHIBIT 10.8
XXXXXXXX & XXXXXX L.L.P.
0000 Xxxxxxx Xxxxxx, Xxxxx 0000
Xxxxxx, Xxxxx 00000
MEMORANDUM
TO: Xxxx X. Xxxxxxxxx and Pure Resources, Inc.
FROM: Xxxxxxxx & Xxxxxx L.L.P.
RE: Employment Agreement between Pure Resources, Inc., a Delaware
corporation (formerly named Titan Resources Holdings, Inc.), and Xxxx
X. Xxxxxxxxx, which became effective as effective as of May 25, 2000
upon consummation of the merger transaction with Titan Exploration,
Inc.
DATE: July 20, 2000
================================================================================
It has come to our attention that the referenced Employment Agreement
contains an error in Section 18(f)(iii), which relates to "Continuing Company
Shares. The number "1,888,582" in such subsection should be "1,917,194." Such
latter number reflects the conversion of 4,456,198 shares of common stock of
Titan Exploration, Inc. (the number of shares directly and beneficially owned by
Xx. Xxxxxxxxx as of December 1, 1999) into 1,917,194 shares of Pure Resources,
Inc. common stock pursuant to the merger agreement.
Please evidence your acceptance of the above correction by signing below.
/s/ Xxxx Xxxxxxxxx
-----------------------------
Xxxx X. Xxxxxxxxx
PURE RESOURCES, INC.
By: /s/ Xxxxxxx X. Xxxxx
--------------------------
Xxxxxxx X. Xxxxx
Vice President Finance,
Chief Financial Officer
