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  Exhibit 10.12    
    

 DIRECTOR COMPENSATION  

            The following compensation arrangements have been established for the Board of Directors of the Company: All outside directors will
receive an annual retainer of $25,000. The chairpersons of the Audit Committee, the Compensation Committee, the Risk Oversight Committee, and the Nominating / Governance Committee will for this
service receive retainers of $10,000, of $7,000, of $5,000, and of $5,000 respectively. Outside directors also receive a meeting fee of $1,000 for each Board and Committee meeting attended. Outside
directors also receive an annual grant of $40,000 of restricted stock, which stock has 3-year cliff vesting. Directors have the option to receive their $25,000 annual retainer in the form
of stock at a 25% premium (i.e., $31,250 of stock) if they agree to hold the stock for at least one year. No separate compensation is paid to directors who are also employees of the Company. 

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  Exhibit 10.13    
    

 
    NAMED EXECUTIVE OFFICER COMPENSATION    
    

            The following are adjustments to base salary, cash bonus payments for 2008 work, and grants of incentive stock were approved for the
Company's CEO and the persons expected to be named executive officers in its proxy statement for the 2009 Annual Meeting of Shareholders. 

            The
persons expected to be named executive officers in the proxy statement are (i) Chairman of the Board, President and Chief Executive Dominic Ng, (ii) Executive Vice
President and Chief Financial Officer Thomas J. Tolda, (iii) Vice-Chairman and Director Julia Gouw, (iv) Executive Vice President and Director of Corporate Banking Wellington
Chen, and (v) Executive Vice President, Credit Administration, Donald Chow. None received an adjustment to salary, a cash bonus or a grant of incentive stock, except that
(i) Vice-Chairman Julia Gouw retired from management at the end of 2008 and so no longer receives a salary; she will be an outside director in 2009 and will receive director fees at
the same rate as other outside directors) and (ii) Thomas J. Tolda received a bonus of $210,000 which was contractually agreed as a minimum first year bonus at the time he joined the company as
CFO in April of 2008. 

            The
Company will provide additional information regarding the compensation paid to the named executive officers for the 2008 fiscal year in its Proxy Statement for the 2009 Annual
Meeting of Shareholders. 

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Exhibit 10.13

NAMED EXECUTIVE OFFICER COMPENSATIONexhibit10g.htm

    
      
        

      

    

     

    EXHIBIT
10.G

     

    

      AMENDMENT
NO. 2 TO

      RECEIVABLES
PURCHASE AGREEMENT

       

      AMENDMENT
NO. 2, dated as of October 31, 2008 (the “Effective
Date”), to the RECEIVABLES PURCHASE AGREEMENT dated as of
November 3, 2006 and amended by Amendment No. 1 dated as of November 2,
2007 (as so amended, the “Agreement”),
among CIG FUNDING COMPANY, L.L.C., a Delaware limited liability company,
COLORADO INTERSTATE GAS COMPANY, a Delaware corporation, as initial Servicer,
STARBIRD FUNDING CORPORATION and the other funding entities from time to time
party hereto as Investors, BNP PARIBAS, NEW YORK BRANCH (“Paribas”),
and the other financial institutions from time to time party hereto as Managing
Agents, and BNP PARIBAS, NEW YORK BRANCH, as Program Agent.

       

      Preliminary
Statement

       

      The parties hereto
have agreed to modify the Agreement in certain respects as set forth herein in
accordance with Section 13.1 of the Agreement.

       

      NOW, THEREFORE, in
consideration of the premises and the mutual agreements herein contained, and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto hereby agree, as
follows:

       

      ARTICLE 1    DEFINITIONS

       

      1.1 Definitions.  Unless
defined elsewhere herein, capitalized terms used in this Amendment shall have
the meanings assigned to such terms in the Agreement, as amended
hereby.

       

      ARTICLE 2    AMENDMENTS

       

      2.1 Amendments
to Exhibit I.  Exhibit I to the Agreement is hereby
amended as follows:

       

      (a) To amend and
restate the definition of the term “Commitment Termination Date” contained
therein to read in its entirety as follows:

       

      “Commitment
Termination Date” means October 30, 2009, unless such date is extended
with the consent of the parties hereto.

       

      (b) To amend and
restate the definition of the term “Program Limit” contained therein to read in
its entirety as follows:

       

      “Program
Limit” means $20,000,000, or such lesser amount as may from time be
specified by not less than ten (10) Business Days’ prior written notice by
Servicer to the Program Agent and Seller from time to time.  Any
reduction of the Program Limit shall be irrevocable upon such notice being given
and shall not be subject to reinstatement and each partial reduction of the
Program Limit shall be in an amount equal to $1,000,000 or an integral multiple
thereof.

       

      
        
           

        

        
           

          
            
 

        

        
           

        

      

      2.2 Amendments
to Schedule A.  Exhibit I to the Agreement is hereby
amended to change from $25,000,000 to $20,000,000 each of (i) the Group Purchase
Limit for the Investor Group which includes Paribas, (ii) the Commitment of
Paribas and (iii) the total Commitments of the Committed Investors in the
Investor Group which includes Paribas.

       

      ARTICLE 3    MISCELLANEOUS

       

      3.1 Representations
and Warranties.

       

      (a) Each Seller Party
hereby represents and warrants to the Program Agent, the Managing Agents and the
Investors, as to itself that the representations and warranties of such Seller
Party set forth in Section 5.1
of the Agreement are true and correct in all material respects on and as of the
date hereof as though made on and as of such date and after giving effect to
this Amendment; and

       

      (b) Seller hereby
represents and warrants to the Program Agent, the Managing Agents and the
Investors that, as of the date hereof and after giving effect to this Amendment,
no event has occurred and is continuing that constitutes an Amortization Event
or Potential Amortization Event.

       

      3.2 Effectiveness.  The
amendments set forth in Sections 2.1(b)
and 2.2
hereof shall be effective as of the Effective Date when this Amendment or a
counterpart hereof shall have been executed and delivered by Seller, Servicer,
the Managing Agents and the Program Agent and consented to by the Conduit
Investors and the Required Committed Investors.  The amendment set
forth in Section 2.1(a)
hereof shall be effective when such amendments shall have become effective
subject to the further conditions that on the Effective Date, (i) the amendment
and restatement, dated the date hereof, the Fee Letter to which the Seller is a
party shall have become effective in accordance with its terms, (ii) the
supplemental Fee Letter dated the date hereof, to which El Paso is a party shall
have become effective in accordance with its terms and the fee contemplated
thereby shall have been paid, and (iii) the Aggregate Capital does not exceed
the Program Limit, determined after giving effect to the amendments set forth in
Section 2.2
above.

       

      3.3 Amendments
and Waivers.  This Amendment may not be amended, supplemented
or modified nor may any provision hereof be waived except in accordance with the
provisions of Section 13.1 of the Agreement.

       

      3.4 Counterparts.  This
Amendment may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed shall be deemed
to be an original and all of which when taken together shall constitute one and
the same agreement.

       

      3.5 Continuing
Effect; No Other Amendments.  Except to the extent expressly
stated herein, all of the terms and provisions of the Agreement are and shall
remain in full force and effect.  This Amendment shall not constitute
a novation of the Agreement, but shall constitute an amendment
thereof.  This Amendment shall constitute a Transaction
Document.

       

      
        
           

        

        
          -2-

          
            
 

        

        
           

        

      

      3.6 CHOICE
OF LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING
SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT
OTHERWISE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES).

       

      [SIGNATURE
PAGES FOLLOW]

       

       

       

      
        
           

        

        
          -3-

          
            
 

        

        
           

        

      

      IN WITNESS WHEREOF,
the parties hereto have caused this Amendment to be executed and delivered by
their duly authorized officers as of the date hereof.

      
         

        
          	 	CIG FUNDING COMPANY,
      L.L.C.
	 	      
                  By: CIG
      Finance Company, L.L.C., its Manager 

                
	 	 	 	 
	 	 	 	 
	 	
                  By:

                	     /s/
      John J. Hopper	 
	 	 	 Name: 
      John J. Hopper	 
	 	 	
                   Title:   
      Vice President and
      Treasurer

                	 

        

         

         

        
          
            	 	 COLORADO INTERSTATE GAS
      COMPANY, as Servicer
	 	 	 	 
	 	 	 	 
	 	
                    By:

                  	     /s/
      John J. Hopper	 
	 	 	 Name: 
      John J. Hopper	 
	 	 	
                     Title:   
      Vice President and
      Treasurer

                  	 

          

           

           

          
            
              
                	 	BNP PARIBAS,
      acting through its New York Branch, as Program Agent and as Managing Agent
      for the Starbird Investor Group
	 	 	 	 
	 	 	 	 
	 	
                        By:

                      	     /s/
      Mary Dierdorff	 
	 	 	 Name: Mary
      Dierdorff	 
	 	 	
                         Title:  
      Managing Director
    

                      	 

              

               

              
                
                  
                    	 	 	 	 
	 	
                            By:

                          	     /s/ Phillippe
      Mojon	 
	 	 	 Name: 
      Phillippe Mojon	 
	 	 	
                             Title:   
      Vice President

                          	 

                  

                  
                     

                    
                      
                        
                          
                             

                            
                              	CONSENTED TO:
	 
	
                                      STARBIRD
      FUNDING CORPORATION,

                                    
	     
      as a
      Conduit Purchaser
	 
	 
	By:	     /s/ Louise
      E. Colby	 
	 	 Name: 
      Louise E. Colby	 
	 	
                                       Title:   
      Vice
      President

                                    	 

                            

                            
                               

                              
                                 

                                
                                  
                                    
                                      [Signature
pages to Amendment No. 2 to

                                      CIG
Receivables Purchase Agreement]

                                       

                                       

                                    

                                     

                                  

                                  
                                     

                                    
                                      

                                    

                                  

                                  
                                     

                                  

                                

                              

                            

                            
                              
                                 

                                
                                  
                                    
                                      
                                         

                                        
                                          	
                                                  BNP PARIBAS, acting through its New York Branch,

                                                
	     as Committed
      Investor
	 
	 
	By:	      /s/
      Mary Dierdorff	 
	 	 Name:  
      Mary Dierdorff	 
	 	
                                                   Title:    
      Managing Director
      

                                                	 

                                        

                                        
                                          
                                             

                                            
                                              
                                                
                                                  
                                                    
                                                      	 
	By:	      /s/ Phillippe
      Mojon	 
	 	 Name:  
      Phillippe
      Mojon	 
	 	
                                                               Title:    
      Vice
      President

                                                            	 

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                     

                     

                  

                

              

            

          

        

      

       

       

       

       

       

      
        [Signature
pages to Amendment No. 2 to

        CIG
Receivables Purchase Agreement]

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