RECITALSAgreement • September 30th, 2004 • El Paso Corp/De • Natural gas transmission • California
SECOND WAIVER TO $3,000,000,000 REVOLVING CREDIT AGREEMENTCredit Agreement • September 30th, 2004 • El Paso Corp/De • Natural gas transmission • New York
December 18, 2003 Mr. Douglas L. Foshee President & Chief Executive Officer El Paso Corporation Dear Doug: As you know, your letter agreement dated July 15, 2003, provides for a base salary to be paid to you in the amount of $900,000 per annum. You...El Paso Corp/De • September 30th, 2004 • Natural gas transmission
This letter confirms that $270,000 of your base salary will not be paid to you for a period of one year beginning January 1, 2004, but shall be recorded for purposes of determining other amounts owing to you under the terms of Company benefit plans and arrangements in which you participate. Please indicate your understanding of, and agreement to, this letter in the space provided below.
