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                                                                 EXHIBIT 10.14.3

                               SEVERANCE AGREEMENT

         THIS SEVERANCE AGREEMENT (this "AGREEMENT") by and among Newfield
Exploration Company ("NEWFIELD"), Newfield Mid-Continent, Inc., a wholly owned
subsidiary of Newfield (the "COMPANY"), and Raymond A. Foutch ("MR. FOUTCH") is
effective as of March 1, 2002.

         1. TERMINATION OF EMPLOYMENT. The parties hereto hereby acknowledge and
agree that (a) they are also parties to an Employment Agreement effective as of
April 1, 1997, which was modified by a letter dated December 28, 2002 (the
"EMPLOYMENT AGREEMENT"), (b) Mr. Foutch properly exercised his right to
terminate his employment under the Employment Agreement pursuant to Section
2.3(ii) thereof effective as of March 1, 2002 and (c) the effect of Mr. Foutch's
termination shall be governed by Section 2.4 of the Employment Agreement.

         2. SEVERANCE PAYMENTS. In consideration of Mr. Foutch's past service
and the release of claims set forth in paragraph 4 below, Newfield agrees to pay
Mr. Foutch $234,500. The aggregate payment shall be paid in twelve equal
installments on the last day of each calendar month, beginning on March 31,
2002. Notwithstanding the foregoing, Newfield's obligation to make any payments
after June 1, 2002 shall be conditioned upon Mr. Foutch's compliance with each
of his obligations under Articles 4, 5 and 6 of the Employment Agreement.

         3. INDEMNIFICATION. Nothing herein shall limit Mr. Foutch's rights, if
any, to indemnification, entitlement to defense or other benefits available to
the Company's and Newfield's officers and directors under the Company's and
Newfield's charter, bylaws and insurance policies

         4. ADEA RIGHTS. Mr. Foutch hereby specifically releases any claims he
may have for age discrimination, including any claims under the Age
Discrimination in Employment Act. Mr. Foutch hereby acknowledges and agrees
that: (a) he has been advised in writing to consult with an attorney regarding
the terms of this Agreement prior to its execution; (b) he has been given at
least 21 days within which to consider this Agreement; (c) if he executes this
Agreement, he has seven days following such execution to revoke this Agreement;
(d) this Agreement shall not become effective or enforceable until the
revocation period has expired; (e) he does not, by the terms of this Agreement,
waive claims or rights that may arise after the date he executes this Agreement;
(f) he is receiving, pursuant to this Agreement, consideration in addition to
anything of value to which he is already entitled; and (g) that this Agreement
is written in such a manner that he understands his rights and obligations.

         IN WITNESS WHEREOF, the parties hereto have executed or caused this
Agreement to be executed by a duly authorized officer effective as of March 1,
2002.

                            NEWFIELD EXPLORATION COMPANY

                            By:      /s/ Terry W. Rathert
                               -------------------------------------------------
                                     Terry W. Rathert
                                     Vice President and Chief Financial Officer

                            NEWFIELD EXPLORATION MID-CONTINENT, INC.

                            By:      /s/ Terry W. Rathert
                               -------------------------------------------------
                                     Terry W. Rathert
                                     Vice President - Administration

                                     /s/ Randy A. Foutch
                               -------------------------------------------------
                                     Randy A. Foutch<PAGE>
                                                                     EXHIBIT 4.1

                               SECTION 15.2 OF THE
                  AMENDED AND RESTATED ARTICLES OF ASSOCIATION
                                       OF
                            GLOBALSANTAFE CORPORATION
               (Requiring Advance Written Notice of Any Nomination
                 or Proposal to be Submitted by a Shareholder at
                      Any General Meeting of Shareholders)

     15.2 (a) Subject to the terms of any class or series of shares issued by
the Company, if a Shareholder desires to nominate persons for election as
Directors at any general meeting duly called for the election of Directors,
written notice of such Shareholder's intent to make such a nomination must be
given and received by the Secretary of the Company at the principal executive
offices of the Company not later than (i) with respect to an annual general
meeting of Shareholders, ninety days in advance of the anniversary date of the
immediately preceding annual general meeting and (ii) with respect to an
extraordinary general meeting, the close of business on the tenth day following
the date on which notice of such meeting is first sent or given to Shareholders.
Each such notice shall set forth (i) the name and address, as it appears in the
Register of the Company, of the Shareholder who intends to make the nomination
and of the person or persons to be nominated; (ii) a representation that the
Shareholder is a holder of record of shares of the Company entitled to vote at
such meeting and intends to appear in person or by proxy at the meeting to
nominate the person or persons specified in the notice; (iii) the class and
number of shares of the Company which are beneficially owned by the Shareholder;
(iv) a description of all arrangements or understandings between the Shareholder
and each nominee and any other person or persons (naming such person or persons)
pursuant to which the nomination or nominations are to be made by the
Shareholder; (v) such other information regarding each nominee proposed by such
Shareholder as would be required to be included in a proxy statement filed
pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended
from time to time, of the United States of America, whether or not the Company
is then subject to such Regulation; and (vi) the consent of each nominee to
serve as a Director of the Company, if so elected. The Chairman of the annual
general meeting or extraordinary general meeting shall, if the facts warrant,
refuse to acknowledge a nomination not made in compliance with the foregoing
procedure, and any such nomination not properly brought before the meeting shall
not be considered.

     (b) Subject to the terms of any class or series of shares issued by the
Company, if a Shareholder desires to submit a proposal for consideration by the
Shareholders at any general meeting, written notice of such Shareholder's intent
to submit such a proposal must be given and received by the Secretary of the
Company not later than (i) with respect to an annual general meeting of
Shareholders, ninety days in advance of the anniversary date of the immediately
preceding annual general meeting; and (ii) with respect to an extraordinary
general meeting, the close of business on the tenth day following the date on
which notice of such meeting is sent or given to Shareholders. Each such notice
shall set forth (i) the name and address, as it appears in the Register, of the
Shareholder who intends to submit the proposal; (ii) a representation that the
Shareholder is a holder of record of shares of the Company entitled to vote at
such meeting and intends to appear in person or by proxy at the meeting to
submit the proposal specified in the notice; (iii) the class and number of
shares of the Company which are beneficially owned by the Shareholder; and (iv)
such other information regarding each proposal submitted by such Shareholder as
would be required to be included in a proxy statement filed pursuant to
Regulation 14A under the Securities Exchange Act of 1934, as amended from time
to time, of the United States of America, whether or not the company is then
subject to such Regulation. The Chairman of the annual general meeting or

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extraordinary general meeting shall, if the facts warrant, refuse to acknowledge
a proposal not made in compliance with the foregoing procedure, and any such
proposal not properly brought before the meeting shall not be considered.<PAGE>

                                                                   EXHIBIT 10.30

                                February 15, 2002

Mr. C. Russell Luigs
GlobalSantaFe Corporation
777 N. Eldridge Parkway
Houston, Texas 77079-4493

Dear Mr. Luigs:

     You previously entered into a letter employment agreement dated May 6, 1999
(the "Agreement"), by and among Global Marine Inc. ("GMI"), Global Marine
Corporate Services Inc. (now, by change of name, GlobalSantaFe Corporate
Services Inc. ("GSFCSI")) as the employer, and you as the employee.
GlobalSantaFe Corporation ("GSF") has subsequently assumed all rights and
obligations of GMI under the Agreement. This letter will serve as evidence of an
amendment to the Agreement (the "First Amendment").

     GSF and GSFCSI agree to amend the Agreement by extending the expiration of
the term of your employment thereunder from (a) the earlier of the time of GSF's
annual meeting of shareholders in 2002 or May 31, 2002, to (b) August 31, 2002.
In the event your employment or the Agreement as amended by this First Amendment
is terminated without your consent for reasons other than Cause prior to August
31, 2002, GSF and GSFCSI will continue your salary until August 31, 2002. During
this period, your group insurance benefits will also be continued for you until
similar benefits are provided through other employment, and all stock options
granted to you by GMI will remain exercisable in accordance with their terms.

     The Agreement as amended by this First Amendment supersedes any and all
prior employment agreements, plans, policies and other arrangements between you
and GMI, GSFCSI or GSF regarding the terms and conditions of your employment
with GMI, GSFCSI or GSF and any salary, bonus or severance payments to which you
may be entitled in respect of such employment, but it shall not affect your
entitlement to any other compensation or benefits to which you may be entitled
in respect of such employment.

     Capitalized terms used in this First Amendment and not defined herein are
used as they are defined in the Agreement. Except as expressly amended by this
First Amendment, the Agreement shall remain in full force and effect and is
hereby ratified and confirmed in all respects.

<TABLE>

<S>                                     <C>
GLOBALSANTAFE CORPORATION               GLOBALSANTAFE CORPORATE
                                        SERVICES INC.

By:  /s/ C. Stedman Garber, Jr.         By: /s/ James L. McCulloch
     --------------------------         -----------------------------
     C. Stedman Garber, Jr.             James L. McCulloch
     President and CEO                  Vice President
</TABLE>

Accepted and Agreed:

/s/ C. Russell Luigs
C. Russell Luigs

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