0001193125-05-043760 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 7th, 2005 • Premcor Refining Group Inc • Petroleum refining • New York

This EMPLOYMENT AGREEMENT (the “Agreement”) is effective on February 1, 2005 by and between Premcor Inc. (the “Company”) and Thomas D. O’Malley (the “Executive”).

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October 26, 2004 Mr. William E. Hantke [Executive’s Address] Dear Bill,
Employment Agreement • March 7th, 2005 • Premcor Refining Group Inc • Petroleum refining

This letter is with reference to your Employment Agreement, as amended, dated June 1, 2002 (“Agreement”). Capitalized terms in this letter that are not defined in this letter shall have the meaning as defined in the Agreement.

Thomas D. O’Malley Chairman & Chief Executive Officer 1700 East Putnam Avenue, Suite 500 Old Greenwich, CT 06870
Employment Agreement • March 7th, 2005 • Premcor Refining Group Inc • Petroleum refining

On [agreement date] you executed an Employment Agreement (“Agreement”) with Premcor Inc. (“Company”) that provided that you would receive an annual grant of stock options under terms defined in the Agreement. This letter shall be an Amendment to the Agreement (“Amendment”). For purposes of this Amendment, unless defined herein, capitalized terms used herein have the same meanings ascribed to them in the Agreement.

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 7th, 2005 • Premcor Refining Group Inc • Petroleum refining

This Amendment to the Employment Agreement (the “Amendment”) is made as of the 27th day of October, 2004 between Premcor Inc. (the “Company”) and [Executive’s Name - see schedule A attached hereto] (the “Executive”).

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