EXHIBIT 10.82
AMENDMENT TO STOCK OPTIONS
This agreement ("Agreement") is entered into as of January 3, 2000, between
Triton Energy Limited, a Cayman Islands company (the "Company"), and the
undersigned holder of stock options of the Company ("Holder").
WHEREAS, Holder and the Company are parties to that certain Stock Option
Agreement dated as of January 13, 1998 (the "Option Agreement") pursuant to
which the Holder was granted a stock option to purchase 15,000 ordinary shares
of the Company under the Company's 1997 Share Compensation Plan (as amended, the
"Plan"), and the Company and Holder desire that the Option Agreement should be
amended in certain respects;
NOW THEREFORE, in consideration of the mutual agreements contained herein,
and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto hereby agree as follows:
1. Section 4 of the Option Agreement is hereby amended to read n its
entirety as follows:
"4. Term. Subject to Article VIII of the Plan (including regarding
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termination for Cause), this Stock Option, or applicable portions thereof, will
terminate upon the earliest to occur of the following:
(a) 5 p.m., Dallas, Texas time, on January 13, 2008; or
(b) 5 p.m., Dallas, Texas time, on the date which is five years
following the date that the Option Holder's service as a director of the Company
terminates for any reason other than Cause."
2. This Agreement is intended to be performed in the State of Texas and
shall be construed and enforced in accordance with and governed by the laws of
Texas.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
and year first above written.
TRITON ENERGY LIMITED
By:____________________________________
X. X. Xxxxxx, III, Senior Vice President and
Chief Operating Officer
OPTION HOLDER:
__________________________________________
