July 16, 2010 Mr. Richard Daniel Re: Change in Control Severance Agreement Dear Rick:Change in Control Severance Agreement • November 5th, 2010 • Northwest Natural Gas Co • Natural gas distribution • Oregon
NW Natural Gas Storage, LLC, an Oregon limited liability company (the “Company”), considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of the Company. In this connection, the Company recognizes that the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company, its customers and its shareholders. Accordingly, the Board of Directors of the Company (the “Board”) has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of members of the Company’s management to their assigned duties without distraction in circumstances arising from the possibility of a change in control of the Company.
CREDIT AGREEMENT dated as of May 31, 2007 among NORTHWEST NATURAL GAS COMPANY, as Borrower, The Lenders Party Hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent, and BANK OF AMERICA, N.A., as Syndication Agent Joint Bookrunners and Co-Lead...Credit Agreement • November 5th, 2010 • Northwest Natural Gas Co • Natural gas distribution • Oregon
TO: RICK DANIEL FROM: GREGG KANTOR SUBJECT: RETENTION AGREEMENT DATE: 9/13/2010Retention Agreement • November 5th, 2010 • Northwest Natural Gas Co • Natural gas distribution
