exv4w3






Exhibit 4.3



THIS AGREEEMENT is made on 21 February 2011




BETWEEN:



(1) BP EXPLORATION (ALASKA) INC. a Delaware corporation of 900 East Benson Boulevard. Anchorage,
Alaska 99508 (the “Company”); and



(2) BYRON ELMER GROTE of 1 St. James’s Square, London, SW1Y 4PD (the “Dr Grote”).



Pursuant to an agreement dated 7 August 2000 (the “Employment Agreement”) the Company has employed
Dr Grote as a senior executive of the Company in accordance with the terms and conditions of the
Employment Agreement. By an amending agreement dated 22 February 2010, clause 4.3 of the
Employment Agreement was amended to extend the term of employment to the close of BP p.l.c.’s
annual general meeting in 2011.



As the parties now wish to further extend the term of Dr Grote’s employment with the Company the
PARTIES HEREBY AGREE as follows:



1. That clause 4 of the Employment Agreement be amended by deleting clause 4.3 of the Employment
Agreement and replacing it with the following: “This Employment shall in any event terminate
automatically at the close of BP p.l.c.’s annual general meeting in 2012.”



2 The other provisions of the Employment Agreement will remain in full force and effect and nothing
in this Agreement is intended to amend any other provisions of the Employment Agreement.



3 This Agreement is governed by and shall be construed in accordance with the laws of the State of
Delaware.



This Agreement has been executed by the parties hereto and is hereby delivered on the date first
above written.




	 	 	 	 	 	 	 

	SIGNED by

	 	 	)	 	 	 
	For and on behalf of

	 	 	)	 	 	Steven Bray
	BP EXPLORATION (ALASKA) INC.

	 	 	)	 	 	 
	In the presence of:

	 	 	)	 	 	 
	 
	 	 	 	 	 	 
	Brenda Pennington
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	SIGNED by

	 	 	)	 	 	 
	BYRON ELMER GROTE

	 	 	)	 	 	Byron Grote
	In the presence of:

	 	 	)	 	 	 
	Catherine Noden
	 	 	 	 	 	 







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THIS AGREEEMENT is made on 21 February 2011



BETWEEN:



(1) BP EXPLORATION (ALASKA) INC. a Delaware corporation of 900 East Benson Boulevard. Anchorage,
Alaska 99508 (the “Company”);



(2) BP p.l.c an English registered company of 1 St. James’s Square, London SW1Y 4PD (the “Parent”);
and



(3) BYRON ELMER GROTE of 1 St. James’s Square, London SW1Y 4PD (the “Dr Grote”).



Pursuant to an agreement dated 7 August 2000 (the “Secondment Agreement”) the Company agreed to
supply to the Parent, assistance by seconding its employee Dr Grote to the Parent in accordance
with the terms and conditions of the Secondment Agreement. By an amending agreement dated 22
February 2010, clause 7.3 of the Secondment Agreement was amended to extend the term of the
secondment to the close of the Parent’s annual general meeting in 2011.



As the parties now wish to further extend the term of the secondment the PARTIES HEREBY AGREE as
follows:



1. That clause 7 of the Secondment Agreement be amended by deleting clause 7.3 of the Secondment
Agreement and replacing it with the following: “This Agreement shall terminate automatically at the
close of the Parent’s annual general meeting in 2012.”



2 The other provisions of the Secondment Agreement shall remain in full force and effect and
nothing in this Agreement is intended to amend any other provisions of the Secondment Agreement.



3 This Agreement is governed by and shall be construed in accordance with the laws of England and
the parties to this Agreement submit to the exclusive jurisdiction of the English courts.



This Agreement has been executed by the parties hereto and is hereby delivered on the date first
above written.





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	SIGNED by

	 	 	)	 	 	 






	 	 	 	 	 	 	 

	For and on behalf of 

BP EXPLORATION (ALASKA) INC.

	 	 	)

)	 	 	Steven Bray
	In the presence of:

	 	 	)	 	 	 
	 
	 	 	 	 	 	 
	Brenda Pennington
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	SIGNED by

For and on behalf of

	 	 	)

)	 	 	 
	BP p.l.c. 

In the presence of:

	 	 	)

)	 	 	Carl Henric Svanberg
	 
	 	 	 	 	 	 
	Etta Pierre
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	SIGNED by

	 	 	)	 	 	 
	BYRON ELMER GROTE

	 	 	)	 	 	Byron Grote
	In the presence of:

	 	 	)	 	 	 
	 
	 	 	 	 	 	 
	Catherine Noden
	 	 	 	 	 	 







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