OCCIDENTAL PETROLEUM CORPORATION UNDERWRITING AGREEMENT November 29, 2001Occidental Petroleum Corp /De/ • December 3rd, 2001 • Crude petroleum & natural gas • New York
Occidental Petroleum Corporation, a Delaware corporation (the "Company"), confirms its agreement with Banc of America Securities LLC ("Banc of America") and each of the underwriters named in Schedule A hereto (collectively, the "Underwriters," which term shall also include any underwriter substituted as hereinafter provided in Section 11 hereof), for whom Banc of America is acting as representative (in such capacity, the "Representative"), with respect to the sale by the Company and the purchase by the Underwriters of $300 million aggregate principal amount of the Company's 5.875% Senior Notes due January 15, 2007 (the "2007 Notes") and $500 million aggregate principal amount of the Company's 6.750% Senior Notes due January 15, 2012 (the "2012 Notes" and, together with the 2007 Notes, the "Notes"). The Notes are to be issued pursuant to an indenture (the "Indenture", which term, for the purpose of this Agreement, shall include the Officers' Certificate with respect to the Notes deliver
