Document:

First Amendment to Indenture dated as of June 30, 2004

 Exhibit 4.02 
  
 First Amendment to Indenture 
  

First Amendment (the “First Amendment”) dated as of December 1, 2005, by and among Plains Exploration &
Production Company (the “Issuer”), the Subsidiary Guarantors (as defined by reference below) and Wells Fargo Bank, N.A. (the “Trustee”), as Trustee, to the Indenture dated as of June 30, 2004, among the Issuer,
the Subsidiary Guarantors and the Trustee regarding the Issuer’s 7 1/8% Senior Notes due 2014 (capitalized
terms used and not defined in this Amendment have the meanings given to such terms in the Indenture). 
  
 WHEREAS the Issuer has determined that Paragraph (8) of the definition of Consolidated Net Income in the Indenture contains an
omission (the omission of the words “or Commodity Agreements”) which results in an inconsistency in the treatment of unrealized non-cash gains or losses in respect of different types of hedging engaged in by the Company and inconsistent
treatment of such non-cash gains or losses for purposes of the Limitations on Restricted Payments covenant in Section 3.4(c) of the Indenture; and 
  
 WHEREAS Section 9.1(1) of the Indenture permits the Issuer, the Subsidiary Guarantors and the Trustee to amend the Indenture without
notice to or consent of any Securityholder to cure any ambiguity, omission, defect or inconsistency. 
  
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the Issuer, the Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal
and ratable benefit of the Holders of the Securities as follows: 
  
 1.         Amendment.    So that the omission and inconsistencies described above may be corrected, the Issuer, the Subsidiary Guarantors and the
Trustee hereby amend and restate Paragraph (8) of the definition of Consolidated Net Income in the Indenture to read in its entirety as follows: 
  
     “any unrealized non-cash gains or losses on charges in respect of Hedging Obligations or
Commodity Agreements (including those resulting from the application of Statement of Financial Accounting Standards 133); and” 
  
 2.         Parties.    Nothing expressed or mentioned herein is
intended or shall be construed to give any Person, firm or corporation, other than the Holders and the Trustee, any legal or equitable right, remedy or claim under or in respect of this First Amendment or the Indenture or Supplemental Indentures or
any provision herein or therein contained. 
  
 3.        Governing Law.    This First Amendment shall be governed by, and construed with, the laws of the State of New York. 

 4.        Severability
Clause.    In case any provision in this First Amendment shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby
and such provision shall be ineffective only to the extent of such invalidity, illegality or unenforceability. 
  
 5.        Ratification of Indenture and Supplemental Indentures: First Amendment Part of
Indenture.    Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This First Amendment shall
form a part of the Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby. The Trustee makes no representations or warranty as to the validity or sufficiency of this First
Amendment. 
  
 6.        Counterparts.    The Parties hereto may sign one or more copies of this First Amendment in counterparts, all of which together shall constitute one and the same
agreement. 
  
 7.        Headings.    The headings of the Articles and the sections in this First Amendment are for convenience of reference only and shall not be deemed to alter or affect
the meaning or interruption of any provisions hereof. 
  
 [Remainder of Page Intentionally Blank] 

 IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed as of the
date first written above. 
  

			
	 PLAINS EXPLORATION &
 PRODUCTION COMPANY

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Executive Vice President & Chief
 Financial Officer

	
	 ARGUELLO INC., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 BROWN PXP PROPERTIES, L.L.C., as a
 Subsidiary Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 NUEVO GHANA INC., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

			
	 NUEVO INTERNATIONAL INC., as a
 Subsidiary Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 NUEVO OFFSHORE COMPANY, as a
 Subsidiary Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 NUEVO RESOURCES INC., as a
 Subsidiary Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 PACIFIC INTERSTATE OFFSHORE
 COMPANY, as a Subsidiary Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 PLAINS LOUISIANA INC., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

			
	 PLAINS RESOURCES INTERNATIONAL
 INC., as a Subsidiary Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 PXP GULF COAST INC., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 PXP LOUISIANA L.L.C., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 PXP PERMIAN INC., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 PXP TEXAS INC., as a Subsidiary
 Guarantor

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

					
	 PXP TEXAS LIMITED PARTNERSHIP, as
 a Subsidiary Guarantor

		
	 	 	 By: PXP TEXAS INC., its General
 Partner

	
	 By: /s/ Stephen A
Thorington                    

	 Name:
	 	 Stephen A. Thorington

	 Title:
	 	 Vice President & Treasurer

	
	 WELLS FARGO BANK, N.A., as Trustee

	
	 By: /s/ Melissa
Scott                    

	 Name:
	 	 Melissa Scott

	 Title:
	 	 Vice PresidentExecutive Bonus Plan Description

 Exhibit 10.13 
  
 EXECUTIVE BONUS PROGRAM 
  
 Executives of the Company are generally compensated through base salary, performance based annual bonus and long-term option grants. This approach allows
the company to annually review the performance of the executive against their individual goals, corporate or divisional goals and overall market considerations. 
  

The potential realization from these awards is directly related to the continuing success of the Company as measured by increasing shareholder value.

  
 Each year, the company sets specific strategic goals by which
each executive is measured. Individual performance factors are relevant to the area of responsibility for each executive, and include division performance where appropriate. 
  
 Executive compensation is evaluated against other comparable salary and incentive data within the medical device industry.
Each year, the Compensation Committee reviews this data for each executive and recommends to the Hologic Board of Directors a compensation strategy for each of the executive officers. Incentive cash bonuses, where applicable are awarded annually and
may represent up to 150% of the executives base compensation. Actual bonuses awarded to executives are subject to the discretion of the Compensation Committee. 
  

Chief Executive Officer Relocation Bonus 
  
 In January 2001, to assist John W. Cumming, the Company’s Chairman, Chief Executive Officer and a director, in the purchase of a local primary
residence in connection with his initial relocation to Danbury, Connecticut to take on the position of Senior Vice President and President of Lorad, the Company loaned Mr. Cumming the principal amount of $300,000 pursuant to a promissory note.
In August 2001, in connection with Mr. Cumming’s move to the Company’s Massachusetts headquarters in order to assume the position of Chief Executive Officer and President, the Company loaned Mr. Cumming an additional principal
amount of $200,000. This additional $200,000 loan was consolidated with the original loan into one $500,000 promissory note on the same terms as the original loan. The promissory note bears interest at the rate of 7.0% per year. In April 2002,
the Board of Directors deferred the payment obligations under the note by one year, such that the note is now required to be repaid in quarterly installments of $41,666 plus interest, commencing April 1, 2003 until paid in full no later than
April 1, 2006. In the event that the Company undergoes a change of control, the balance of the note will be forgiven. In the event Mr. Cumming’s employment with the Company is terminated, either voluntarily or for cause,
Mr. Cumming has agreed to repay the balance of the note. 
  
 In December 2002, in recognition of the exceptional service rendered to the Company by Mr. Cumming, the Compensation Committee of the Board of Directors approved a special bonus program to provide Mr. Cumming with the funds
necessary to pay the quarterly installments due under the loan. Under the special bonus program, for so long as Mr. Cumming remains an officer of the Company and there are amounts remaining to be repaid under the loan, the Company will pay
Mr. Cumming a special quarterly bonus equal to the amount due under the loan, including interest due, plus an additional payment equal to the taxes due as a result of the special bonus and such additional payment, such that the net-after-tax
special quarterly bonus to be received by Mr. Cumming will equal the principal and interest then due under the loan. During fiscal 2005, the Company paid Mr. Cumming approximately $313,000 under this special bonus program. As of
September 24, 2005, an aggregate of $166,664 of principal on this loan remains outstanding.

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