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EXHIBIT 10.O
 EL PASO ENERGY CORPORATION
 OMNIBUS PLAN FOR
MANAGEMENT EMPLOYEES
 Amended and Restated Effective as of December 3, 1999




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TABLE OF CONTENTS
 PageSECTION 1
    
    PURPOSE
    
    
    1SECTION 2
    
    DEFINITIONS
    
    
    12.1 Beneficiary
    
    
    12.2 Board of Directors
    
    
    12.3 Cause
    
    
    12.4 Change in Control
    
    
    22.5 Code
    
    
    32.6 Common Stock
    
    
    32.7 Exchange Act
    
    
    32.8 Fair Market Value
    
    
    32.9 Good Reason
    
    
    42.10 Management Committee
    
    
    42.11 Option
    
    
    52.12 Option Price
    
    
    52.13 Participant
    
    
    52.14 Permanent Disability or Permanently Disabled
    
    
    52.15 Plan Administrator
    
    
    52.16 Restricted Stock
    
    
    52.17 Subsidiary
    
    
    5SECTION 3
    
    ADMINISTRATION
    
    
    6SECTION 4
    
    ELIGIBILITY
    
    
    6SECTION 5
    
    SHARES AVAILABLE FOR THE PLAN
    
    
    7SECTION 6
    
    STOCK OPTIONS
    
    
    7SECTION 7
    
    STOCK APPRECIATION RIGHTS
    
    
    12SECTION 8
    
    LIMITED STOCK APPRECIATION RIGHTS
    
    
    13SECTION 9
    
    RESTRICTED STOCK
    
    
    14SECTION 10
    
    REGULATORY APPROVALS AND LISTING
    
    
    16SECTION 11
    
    EFFECTIVE DATE AND TERM OF THE PLAN
    
    
    16SECTION 12
    
    GENERAL PROVISIONS
    
    
    17SECTION 13
    
    AMENDMENT, TERMINATION OR DISCONTINUANCE
OF THE PLAN
    
    
    19
  El Paso Energy Corporation 
Omnibus Plan for Management Employees
    
    
    
    Table of Contents
 - i -




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EL PASO ENERGY CORPORATION
OMNIBUS PLAN FOR MANAGEMENT EMPLOYEES
Amended and Restated Effective as of December 3, 1999
 SECTION 1 PURPOSE
  SECTION 2 DEFINITIONS
  2.1 Beneficiary
  2.2 Board of Directors
  2.3 Cause
 provided however
  El Paso Energy Corporation 
Omnibus Plan for Management Employees
    
    Page 1




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2.4 Change in Control
   El Paso Energy Corporation
    
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2.5 Code
  2.6 Common Stock
  2.7 Exchange Act
  2.8 Fair Market Value
 The Wall Street Journal
    The Wall Street Journal
  El Paso Energy Corporation
    
    Page 3Omnibus Plan for Management Employees




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2.9 Good Reason
        2.10 Management Committee
   El Paso Energy Corporation
    
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2.11 Option
  2.12 Option Price
  2.13 Participant
  2.14 Permanent Disability or Permanently Disabled
  2.15 Plan Administrator
  2.16 Restricted Stock
  2.17 Subsidiary
   El Paso Energy Corporation
    
    Page 5Omnibus Plan for Management Employees




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SECTION 3 ADMINISTRATION
     SECTION 4 ELIGIBILITY
   El Paso Energy Corporation
    
    Page 6Omnibus Plan for Management Employees




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SECTION 5 SHARES AVAILABLE FOR THE PLAN
   SECTION 6 STOCK OPTIONS
    El Paso Energy Corporation
    
    Page 7Omnibus Plan for Management Employees




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(a) Option Price
  (b) Duration of Options
  (c) Exercise of Options
  (d) Payment
   El Paso Energy Corporation
    
    Page 8Omnibus Plan for Management Employees




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(e) Restrictions
  (f) Nontransferability of Options
   El Paso Energy Corporation
    
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(g) Purchase for Investment
  (h) Termination of Employment
  (i) Retirement
  (ii) Disability
  (iii) Termination
   El Paso Energy Corporation
    
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(iv) Termination Following a Change in Control
  (v) All Other Terminations
  (i) Death of Participant
  (j) Change in Control
  (k) Deferral Election
   El Paso Energy Corporation
    
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SECTION 7 STOCK APPRECIATION RIGHTS
      El Paso Energy Corporation
    
    Page 12Omnibus Plan for Management Employees




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SECTION 8 LIMITED STOCK APPRECIATION RIGHTS
    El Paso Energy Corporation
    
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SECTION 9 RESTRICTED STOCK
    El Paso Energy Corporation
    
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El Paso Energy Corporation
    
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SECTION 10 REGULATORY APPROVALS AND LISTING
     SECTION 11 EFFECTIVE DATE AND TERM OF THE PLAN
   El Paso Energy Corporation
    
    Page 16Omnibus Plan for Management Employees




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SECTION 12 GENERAL PROVISIONS
       El Paso Energy Corporation
    
    Page 17Omnibus Plan for Management Employees




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El Paso Energy Corporation
    
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SECTION 13 AMENDMENT, TERMINATION OR DISCONTINUANCE OF THE PLAN
       El Paso Energy Corporation
    
    Page 19Omnibus Plan for Management Employees




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EL PASO ENERGY CORPORATIONBy
    /s/ Joel Richards IIIExecutive Vice President  By
    
    /s/ David L. Siddall

Corporate Secretary
  El Paso Energy Corporation
    
    Page 20Omnibus Plan for Management Employees