Exhibit 10.2

 

FIRST AMENDMENT TO
CHANGE OF CONTROL AGREEMENT

 

THIS FIRST AMENDMENT TO CHANGE OF CONTROL AGREEMENT (the “Amendment”) is entered
into effective as of December 18, 2012, by and between Exterran Holdings, Inc.,
a Delaware corporation (the “Company”), and                       
(“Executive”).

 

W I T N E S S E T H:

 

WHEREAS, the Company and Executive entered into a Change of Control Agreement
(the “Agreement”), effective       , regarding their respective rights and
obligations in connection with a Change of Control (as defined in the Agreement)
during the term of the Agreement; and

 

WHEREAS, the Company and Executive desire to amend the Agreement to comply with
the applicable requirements of Section 409A of the Internal Revenue Code of
1986, as amended, and the final Treasury Regulations issued thereunder;

 

NOW, THEREFORE, effective as of the day and year first above written, the
parties agree to amend the Agreement as set forth below:

 

1.                                      Section 3(g)(i) is hereby amended to add
the following sentence to the end thereof:

 

“In the event the time period during which Executive is provided to execute the
release and waiver under Section 3(e) spans two calendar years, the payment
under Section 3(a) shall be made during the second such calendar year (or any
later date specified under an applicable provision of the Agreement), even if
the release and waiver is executed by Executive and becomes irrevocable during
the first such calendar year.”

 

2.                                      The second sentence in
Section 3(g)(iii) of the Agreement is hereby deleted.

 

[Signature page follows]

 

EXTERRAN HOLDINGS, INC. FIRST AMENDMENT TO CHANGE OF CONTROL AGREEMENT

 

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IN WITNESS WHEREOF, Executive has hereunto set Executive’s hand and, pursuant to
the authorization from the Compensation Committee of its Board of Directors, the
Company has caused these presents to be executed in its name and on its behalf,
all as of the day and year first above written.

 

 

EXECUTIVE

 

 

 

 

 

 

By:

 

 

Name:

 

 

Date:

 

 

 

 

 

 

 

 

EXTERRAN HOLDINGS, INC.

 

 

 

 

 

 

 

By:

 

 

Name:

 

 

Title:

 

 

Date:

 

 

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