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Exhibit 10.18    
  

FOREST OIL CORPORATION

CHANGE OF CONTROL

DEFERRED COMPENSATION PLAN  

1.    Purpose.  

        The purpose of the Plan is to create an unfunded deferred compensation plan for a select group of management or highly compensated employees of Forest Oil
Corporation (the "Company") who, in connection with the Change of Control (as defined below), may elect, pursuant to the Deferral Elections, to defer certain cash payments otherwise due to such
employees in connection with the Change of Control. It is intended that the Plan constitute an unfunded "top hat plan" for purposes of the Employee Retirement Income Security Act of 1974, as amended. 

2.    Definitions. 

        The
following terms used in the Plan shall have the meanings set forth below: 

        (a)  "Affiliate" means, with respect to the Company, any entity directly or indirectly controlling, controlled by, or under
common control with, the Company or any other entity designated by the Board in which the Company or an Affiliate has an interest. 

        (b)  "Beneficiary" shall mean any person, persons, trust or other entity designated by a Participant to receive benefits, if
any, under the Plan upon such Participant's death. No designation or change in designation of a Beneficiary shall be effective until received and acknowledged in writing by the Committee or its
designated agent. 

        (c)  "Board" shall mean the Board of Directors of the Company. 

        (d)  "Change of Control" shall mean any of the following: 

        (i)    the
Company is not the surviving entity in any merger, consolidation or other reorganization (or survives only as a subsidiary of an entity other than a previously
wholly-owned subsidiary of the Company); 

        (ii)  the
Company sells, leases or exchanges all or substantially of its assets to any other person or entity (other than a wholly-owned subsidiary of the Company); 

        (iii)  the
Company is to be dissolved and liquidated; 

        (iv)  any
person or entity, including a "group" as contemplated by Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, acquires or gains ownership or
control (including, without limitation, power to vote) of more than 50% of the outstanding shares of the Company's voting stock (based on voting power); or 

        (v)  as
a result of or in connection with a contested election of directors, the persons who were directors of the Company before such election cease to constitute a majority
of the Board; 

        provided, however, that "Change of Control" shall not include any reorganization, merger
or consolidation involving solely the Company and one or more previously wholly-owned subsidiaries of the Company. 

        (e)  "Closing Date" shall mean the effective date of the first Change of Control to occur after the Plan Effective Date. 

        (f)    "Code" shall mean the Internal Revenue Code of 1986, as amended. 

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        (g)  "Committee" shall mean the Compensation Committee appointed by the Board. 

        (h)  "Company" shall mean Forest Oil Corporation until the Closing Date, and if Forest Oil Corporation does not survive the
Change of Control, on and after the Closing Date, Company shall mean its successors. 

        (i)    "Deferral Account" shall mean the recordkeeping account established and maintained by the Company in the name of a
Participant as provided in Section 4(a) for deferrals by a Participant. 

        (j)    "Deferral Amount" shall mean the amount deferred pursuant to the Deferral Election;  provided, however, that the Deferral
Amount of each Participant shall be at least $25,000. 

        (k)  "Deferral Election" shall mean an election form executed by the Participant, in the form attached hereto as
Exhibit A (as may be revised from time to time consistent with the Plan, by or at the direction of the Company's chief executive officer, chief financial officer or chief legal officer),
whereby the Participant (i) makes a one-time advance election to defer cash payments such Participant would otherwise be entitled to receive upon the Change of Control, in
consideration for the cancellation of unvested restricted shares, vested stock options and unvested nonqualified stock options granted by the Company and, where applicable in accordance with the
termination thereof, in consideration for amounts deferred under the Forest Oil Corporation Salary Deferral Deferred Compensation Plan, (ii) specifies a schedule according to which the
Participant will receive payout of his deferred compensation and (iii) makes such other elections as are permitted and provides such other information as is required under the Plan. 

        (l)    "Disability" shall mean a mental or physical condition (i) that qualifies the Participant as being disabled for
purposes of any of the plans or programs of the Company under which benefits, compensation, or awards are contingent upon a finding of disability or (ii) as a result of which, in the opinion of
the Committee, the Participant is unable to perform the usual duties performed by the Participant for the Company or its Affiliates prior to the Change of Control. 

        (m)  "Election Date" shall mean a date, specified by the Committee and given in writing to all Potential Participants, by
which each Potential Participant desiring to become a Participant must have delivered his Deferral Election to the Company in connection with a Change of Control. 

        (n)  "Fair Market Value" shall mean, on a given date of valuation, (i) with respect to any mutual fund, the closing net
asset value as reported in The Wall Street Journal with respect to the date of valuation and (ii) with respect to a security traded on a national securities exchange or the NASDAQ National
Market, the closing price on the date of valuation as reported in the Wall Street Journal. 

        (o)  "Hypothetical Investments" shall have the meaning set forth in Section 4(b). 

        (p)  "Manager" shall have the meaning set forth in Section 4(b). 

        (q)  "Participant" shall mean each Potential Participant that delivers a Deferral Election to the Company on or before the
Election Date. 

        (r)  "Plan" shall mean this Forest Oil Corporation Change of Control Deferred Compensation Plan. 

        (s)  "Plan Effective Date" shall mean January 1, 2003. 

        (t)    "Potential Participant" shall mean those employees of the Company designated on Exhibit B from time to time, as
reflected in writing by amendment to Exhibit B, designated by the Committee as being eligible to participate in the Plan. 

        (u)  "Subsequent Change of Control" shall mean a Change of Control that occurs after the Closing Date. 

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        (v)  "Trust" shall mean any trust or trusts established or designated by the Company pursuant to Section 5(a) to
hold assets in connection with the Plan. 

        (w)  "Trustee" shall have the meaning set forth in Section 5(a). 

3.    Authority and Administration of the Committee.  

        (a)  Authorization of Committee and Appointment of Observer.

        (i)    The
Committee shall be authorized by the Board to administer the Plan. 

        (ii)  The
Participants may, by a vote of a majority of the Participants, appoint a representative from among them (the "Observer") to observe all Committee meetings at which
the Committee will consider any material action or material change to the Plan or the Trust. 

        (b)  Committee Meetings. The Committee shall give thirty (30) days' written notice to the Observer prior to each
Committee meeting (the "Notice") if such meeting considers any material action or material change to the Plan or Trust, which Notice may be waived in writing at any time by the Observer. The Committee
shall take all reasonable steps to schedule such a Committee meeting at a time when the Observer can attend. If the Observer is unable to attend the meeting, he or she may appoint a substitute to
attend. The Committee need not give Notice of a Committee meeting which does not consider material actions or material changes to the Plan or Trust. 

        (c)  Resignation and Removal. 

        (i)    The
Board shall provide the terms upon which members of the Committee serve on the Committee. 

        (ii)  An
Observer shall be deemed to have resigned if he or she is no longer a Participant in the Plan, which deemed resignation shall be effective as of the date of
termination of participation in the Plan. 

        (iii)  A
majority of the Participants may remove an Observer, by giving thirty (30) days' written notice to the Observer. 

        (d)  Committee Voting. Except as provided otherwise by the Board, in all matters pertaining to the administration of the Plan,
the concurrence and joinder of a majority of the Committee members shall be required at any time at which more than two are acting, but if only two are acting the joinder of both of them shall be
required. The Observer shall have no vote. 

        (e)  Committee Administration. The Committee shall administer the Plan in accordance with its terms, and shall have all powers
necessary to accomplish such purpose, including the power and authority to reasonably construe and interpret the Plan, to define the terms used herein, to prescribe, amend and rescind rules and
regulations, agreements, forms, and notices relating to the administration of the Plan, and to make all other determinations necessary or advisable for the administration of the Plan. The senior human
resources employee of the Company is initially appointed, on behalf of the Committee, to carry out purely administrative duties related to the Plan and to receive notices relating to the Plan, and is
hereby authorized to delegate such duties as he or she sees fit. The Committee may appoint additional agents and delegate thereto powers and duties under the Plan. All references to the Committee in
Section 8(b) hereof shall be deemed to include any person acting on behalf of the Committee pursuant to this Section 3(e). 

        (f)    Participant Challenge of Committee Action. There is no presumption that the Committee's actions or interpretations with
regard to the Plan are correct. Participants may, if approved by a vote of the majority of the Participants, challenge the Committee's actions and interpretations through arbitration (as provided in
Section 9(e)). The Company shall pay the costs and fees of any arbitration concerning the Plan if the Participants are successful. Additionally, the arbitrator may award costs and 

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fees to the Participants if the arbitrator finds the Participants' claim or action reasonable. Notwithstanding the foregoing, no such costs or fees of any Participant shall be paid by the Company to
the extent that the arbitration is connected with matters or issues which the Participants specifically waive under this Plan. 

4.    Deferral Accounts.  

        (a)  Establishment of Deferral Accounts. The Committee shall establish a Deferral Account for each Participant. Each Deferral
Account shall be maintained for the Participant solely as a bookkeeping entry by the Company to evidence unfunded obligations of the Company. The Participant shall be 100% vested in the Participant's
Deferral Account at all times. The Deferral Account shall initially equal the Deferral Amount less the amount of Federal, state or local tax required by law to be withheld from the Deferral Amount. 

        (b)  Hypothetical Investments and Managers. Subject to the provisions of Section 4(c), amounts credited to a Deferral
Account shall be deemed to be invested, at the Participant's direction from time to time, in a broad array of hypothetical investments selected from a list established by the Committee ("Hypothetical
Investments"). A Participant may select Hypothetical Investments or may select an investment manager from a list established by the Committee (a "Manager"), and the Manager will then select
Hypothetical Investments on behalf of the Participant. The Committee shall be liberal and shall include Hypothetical Investments and Managers representing a wide variety of investment
alternatives, and may include private equity securities that, in the judgment of the Company, (i) can be reasonably valued at least quarterly and (ii) are transferable to accredited
investors. The Committee shall consider requests from Participants to add to the initial list of Hypothetical Investments and Managers and shall satisfy such requests if they are reasonably acceptable
to the Committee. The Committee may change or discontinue any Hypothetical Investment or Manager available under the Plan in its sole discretion. The initial list of Hypothetical Investments and
Managers shall be established by the Committee and provided to potential Participants not less than thirty (30) days prior to the Election Date. 

        (c)  Investment of Deferral Accounts. As provided in Section 4(b), each Deferral Account shall be deemed to be invested
in one or more Hypothetical Investments as of the date of the deferral or credit, as the case may be. The amounts of hypothetical income, appreciation and depreciation in value of the Hypothetical
Investments shall be credited and debited to, or otherwise reflected in, such Deferral Account from time to time in accordance with procedures established by the Committee. Unless otherwise determined
by the Committee, amounts credited to a Deferral Account shall be deemed invested in Hypothetical Investments as of the date so credited. 

        (d)  Allocation and Reallocation of Hypothetical Investments. A Participant may allocate and reallocate amounts credited to
his or her Deferral Account to one or more of the Hypothetical Investments or Managers authorized under the Plan. Subject to the rules established by the Committee, a Participant may reallocate
amounts credited to his or her Deferral Account to other Hypothetical Investments or other Managers by filing with the Committee a notice, in such form as may be specified by the Committee;  provided that such reallocation shall not be permitted more than once per calendar quarter without the written consent of the Committee. The Committee
may direct the Managers accordingly; provided, however, that a Manager may reallocate amounts credited to a Deferral Account for which it has responsibility at any time without limitation. No
Participant shall have the right, at any time, to direct a Manager to enter into specific transactions in connection with his or her Deferral Account;  provided that this provision shall not prohibit the
Participant from communicating with the Manager regarding Hypothetical Investments, including
communication regarding preferred Hypothetical Investment objectives. Each Manager shall have the power to acquire and dispose of such investments as the Manager determines necessary in connection
with its portfolio. The Committee may 

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restrict or prohibit reallocation of amounts deemed invested in specified Hypothetical Investments or invested by specified Managers to comply with applicable law or regulation. 

        (e)  No Actual Investment. Notwithstanding any other provision of this Plan that may be interpreted to the contrary, the
Hypothetical Investments are to be used for measurement purposes only. A Participant's election of any such Hypothetical Investments, the allocation of such Hypothetical Investments to his or her
Deferral Account, the calculation of additional amounts and the crediting or debiting of such amounts to a Participant's Deferral Account shall not be
considered or construed in any manner as an actual investment of his or her Deferral Account in any such Hypothetical Investments. In the event that the Company or the Trustee, in its own discretion,
decides to invest funds in any or all of the Hypothetical Investments, no Participant shall have any rights in or to such investments themselves. Without limiting the foregoing, a Participant's
Deferral Account shall at all times be a bookkeeping entry only and shall not represent any investment made on his or her behalf by
the Company or the Trust. The Participant shall at all times remain an unsecured creditor of the Company. 

5.    Establishment of Trust.  

        (a)  The Trust Agreement. The Company will enter into a Trust Agreement, substantially in the form attached as
Exhibit C, on or before the Closing Date, providing for the establishment of a trust (the "Trust") to be held and administered by a trustee (the "Trustee") designated in the Trust Agreement.
The Trustee shall be the agent for the Committee for purposes of (i) performing purely ministerial functions in connection with (A) maintaining the Deferral Accounts and
(B) accepting and recording directions from a Participant as to the allocation of amounts credited to the Participant's Deferral Account in accordance with Sections 4(b) and
4(d) and (ii) any other duties delegated to the Trustee by the Committee as set forth in the Trust Agreement. The Trust Agreement will provide that the Trustee is responsible for
(i) performing all ministerial functions as described in the foregoing sentence and (ii) annually furnishing to the Company all information necessary to comply with any applicable
financial, tax or other reporting requirements. 

        (b)  Funding the Trust. On or before the Closing Date, the Company shall deposit into the Trust cash equal to the Deferral
Amount of each Participant. The assets of the Trust shall remain subject to the claims of the general creditors of the Company in the event of an insolvency of the Company. 

        (c)  Taxes and Expenses of the Trust. All taxes on any gains and losses from the investment of the assets of the Trust shall
be recognized by the Company and the taxes thereon shall be paid by the Company and shall not be recovered from the Deferral Accounts or the Trust. The third-party administrative and investment
expenses of the Plan and the Trust, including expenses charged by the Trustee to establish the Trust and the Trustee's annual fee per Deferral Account, shall be paid by the Trustee from the Trust and
shall reduce each Deferral Account balance equally. Any expenses incurred with respect to a particular Hypothetical Investment shall be charged to the Deferral Account that is deemed invested in such
Hypothetical Investment. No part of the Company's internal expenses to administer the Plan, including overhead expenses, shall be charged to the Trust or the Deferral Accounts. 

6.    Settlement of Deferral Accounts.  

        (a)  Payout of Deferral Accounts. The Company shall pay or direct the Trustee to pay the net amount credited to a Deferral
Account as elected by the Participant in the Participant's Deferral Election.
Except for payouts due to the death or Disability of the Participant, no payout shall occur prior to the first anniversary of the Closing Date. A Participant may modify the payout of his Deferral
Account one or more times; provided, that such modification is made at least 12 months prior to the first scheduled payout date of the payouts to
be deferred, according to the schedule in effect at the 

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time of such modification. Notwithstanding anything else in this Plan, all payouts shall occur on or prior to the eighth anniversary of the Closing Date or such later date as may be determined by the
Committee. 

        (b)  Payment in Cash. The Company shall settle a Participant's Deferral Account, and discharge all of its obligations to pay
deferred compensation under the Plan with respect to such Deferral Account, by payment of cash in an amount equal to or, at the option of the Company, in marketable securities with a Fair Market Value
equal to, the net amount credited to the applicable Deferral Account. Any such distributions to a Participant shall reduce the Company's obligations under the Plan to such Participant. The Company's
obligation under the Plan may be satisfied by distributions from the Trust. 

        (c)  Timing of Payments. 

        (i)    Payments
in settlement of a Deferral Account shall be made as soon as practicable after the date or dates (including upon the occurrence of specified events), and in
such number of installments, as directed by the Participant in the Participant's Deferral Election unless otherwise provided in this Section 6. The minimum annual amount for distribution of
deferrals shall be the lesser of the balance of the Deferral Account, $25,000 or such other amount as may be established by the Committee. All amounts needed for a payment shall be deemed withdrawn
from the Hypothetical Investments, as directed by the Participant, as close in time as is practicable to the requested payment date. If a Participant has elected to receive partial payments of the
amount in his or her Deferral Account, unpaid balances shall continue to be deemed to be invested in the Hypothetical Investment(s) which such Participant has designated pursuant to
Section 4(b) or 4(d). 

        (ii)  In
the event of a Participant's death prior to the payment of all amounts remaining in his or her Deferral Account, such amounts shall be paid to the Participant's
designated Beneficiary in a single lump sum as soon as practicable after the Participant's death. If a Participant fails to designate a Beneficiary or if all designated Beneficiaries predecease the
Participant or die prior to complete distribution of the Participant's benefits, the Participant's designated Beneficiary shall be deemed to be his or her surviving spouse. If the Participant has no
surviving spouse, the benefits remaining under the Plan to be paid to a Beneficiary shall be payable to the executor or personal representative of the Participant's estate. If the Committee has any
doubt as to the proper Beneficiary to receive payments pursuant to this Plan, the Committee shall have the right, exercisable in its discretion, to withhold such payments until this matter is resolved
to the Committee's satisfaction. The payment of benefits under the Plan to a Beneficiary shall fully and completely discharge the Company from all further obligations under this Plan with respect to
the Participant, and such Participant's interest in the Plan shall terminate upon such full payment of benefits. 

        (iii)  Irrespective
of any elections made by a Participant, subject to Section 7(b), the net amount credited to a Participant's Deferral Account will be paid out in a
single lump sum upon a Subsequent Change of Control or a termination of the Plan. 

        (d)  Financial Emergency. Other provisions of the Plan notwithstanding, if, upon thirty (30) days' advance written
notice from a Participant, the Committee determines that the Participant has an unforeseen financial emergency of such a substantial nature and beyond the Participant's control that payment of amounts
previously deferred under the Plan is warranted, the Committee may direct the immediate lump sum payment to the Participant of the applicable portion of the Participant's Deferral Account. 

        (e)  Special Election for Early Distribution. Other provisions of the Plan notwithstanding, the Participant may withdraw
amounts from the Participant's Deferral Account on ten (10) days' advance written notice to the Committee in accordance with approval procedures as the Committee, in its sole discretion, may
establish. Such withdrawn amounts shall be made in a single lump sum, provided, that 

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10% of the amount withdrawn shall be forfeited to the Company prior to the payment to the Participant. The minimum withdrawal a Participant may request shall equal the lesser of (i) $25,000
and (ii) the total amount in the Participant's Deferral Account. 

        (f)    Distribution in the Event of Taxation. If, for any reason, all or any portion of a Participant's benefits under this Plan
becomes taxable to the Participant prior to receipt, a Participant may petition the Committee for a distribution of that portion of his or her benefit that has become taxable. Upon the grant of such a
petition, which grant shall not be unreasonably withheld, the Company shall distribute to the Participant immediately available funds in an amount equal to the taxable portion of his or her benefit
which amount shall not exceed a Participant's Deferral Account under the Plan. If the petition is granted, the distribution shall be made within thirty (30) days of the date when the
Participant's petition is granted. 

        (g)  Effect on Deferral Account. A Participant's Deferral Account shall be debited to the extent of any distributions to the
Participant pursuant to this Section 6. 

7.    Amendment/Termination.  

        (a)  The
Committee and the Board may amend, alter, suspend, discontinue, or terminate the Plan, with prospective or retroactive effect, if and only if (i) there is a
change in law or regulatory authority that reasonably would be expected to result in an increase in the cost to the Company of at least $5,000,000
to maintain the Plan (other than an increase resulting from taxes on any gains from investment of the assets of the Trust), (ii) the Internal Revenue Service determines that any amounts
deferred under the Plan are includible in the Participant's gross income prior to being paid out to the Participant, (iii) a majority of the Participants gives prior written consent to such
action, or (iv) there has been no Change of Control since the Plan Effective Date. 

        (b)  Notwithstanding
any other provision to the contrary, (i) upon a Subsequent Change of Control, (A) the Committee or the Board may, in its sole discretion,
terminate the Plan and (B) if the Plan is not terminated, a Participant may elect to redefer his or her benefits payable under the Plan on terms substantially similar to the terms provided in
Section 6 and (ii) the Plan shall terminate as soon as possible following the payment of all amounts in respect of all Deferral Accounts. 

8.    General Provisions.  

        (a)  Limits on Transfer of Awards. Other than by will, the laws of descent and distribution, or by appointing a Beneficiary,
no right, title or interest of any kind in the Plan shall be transferable or assignable by a Participant (or the Participant's Beneficiary) or be subject to alienation, anticipation, encumbrance,
garnishment, attachment, levy, execution or other legal or equitable process, nor subject to the debts, contracts, liabilities or engagements, or torts of any Participant or the Participant's
Beneficiary. Any attempt to alienate, sell, transfer, assign, pledge, garnish, attach or take any other action subject to legal or equitable process or encumber or dispose of any interest in the Plan
shall be void. 

        (b)  Waiver, Receipt and Release. 

        (i)    As
between the Participant and the Company, a Participant and the Participant's Beneficiary shall assume all risk (other than gross negligence of the Company or the
Committee, or breach by the Company of the terms of this Plan) in connection with the Plan, Trust design, implementation or administration, Hypothetical Investment decisions made by the Participant
and the resulting the value of the Participant's Deferral Account, the selection and actions of the Trustee or any other third party providing services to the Company or the Trust in connection with
the Plan or Trust (including their administrative and investment expenses), including any income tax issues of the Participant or Participant's Beneficiary relating to or arising out of his or her 

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participation in the Plan, and neither the Company nor the Committee shall be liable or responsible therefor other than as provided in Section 5(c). 

        (ii)  As
a condition of being a Participant in the Plan, each Participant must sign a waiver releasing the Company and its Affiliates, the Committee, officers of the Company
or its Affiliates (the "Officers") and the Board from any claims and liabilities regarding the matters to which the Participants have assumed the risk as set forth in this Section. Payments (in any
form) to any Participant or Beneficiary in accordance with the provisions of the Plan shall, to the extent thereof, be in full satisfaction of all claims for compensation deferred and relating to the
Deferral Account to which the payments relate against the Company or any Affiliate or the Committee, and the Committee may require such Participant or Beneficiary, as a condition to such payments, to
execute a waiver, receipt and release to such effect. 

        (iii)  As
a condition of being a Participant in the Plan, each Participant must sign a waiver releasing the Trustee and each of its Affiliates (each, a "Released Party")
against any and all loss, claims, liability and expenses imposed on or incurred by any Released Party as a result of any acts taken or any failure to act by the Trustee, where such act or failure to
act is in accordance with the directions from the Committee or any designee of the Committee. 

        (iv)  Each
Participant agrees to pay any taxes, penalties and interest such Participant or Beneficiary may incur in connection with his or her participation in this Plan, and
further agrees to indemnify the Company and its Affiliates, the Committee, Officers and the Board for such taxes, penalties and interest the Participant or Participant's Beneficiary incurs and fails
to pay and for which the Company is made liable by the appropriate tax authority. 

        (c)  Unfunded Status of Awards, Creation of Trusts. The Plan is intended to constitute an "unfunded" plan for deferred
compensation and Participants shall rely solely on the unsecured promise of the Company for payment hereunder. With respect to any payment not yet made to a Participant under the Plan, nothing
contained in the Plan shall give a Participant any rights that are greater than those of a general unsecured creditor of the Company. 

        (d)  Company Succession. If the Company does not survive the Change of Control, the payout of Deferral Accounts will depend on
the solvency of its successors, and not on the solvency of the Company. 

        (e)  Participant Rights. No provision of the Plan or transaction hereunder shall confer upon any Participant any right or
impose upon any Participant any obligation to be employed by the Company or an Affiliate, or to interfere in any way with the right of the Company or an Affiliate to increase or decrease the amount of
any compensation payable to such Participant. Subject to the limitations set forth in Section 8(c) hereof, the Plan shall inure to the benefit of, and be binding upon, the parties hereto
and their successors and assigns. 

        (f)    Tax Withholding. The Company shall have the right to deduct from amounts otherwise credited to or paid from a Deferral
Account any sums that federal, state, local or foreign tax law requires to be withheld. 

        (g)  Governing Law. The validity, construction, and effect of the Plan and any rules and regulations relating to the Plan
shall be determined in accordance with the laws of the State of New York, without giving effect to principles of conflicts of laws to the extent not pre-empted by federal law. 

        (h)  Limitation. Each Participant and the Participant's Beneficiary shall assume all risk in connection with (i) the
performance of the Managers, (ii) the performance of the Hypothetical Investments and (iii) the tax treatment of amounts deferred under or paid pursuant to the Plan. 

        (i)    Construction. The captions and numbers preceding the sections of the Plan are included solely as a matter of convenience
of reference and are not to be taken as limiting or extending the meaning 

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of any of the terms and provisions of the Plan. Whenever appropriate, words used in the singular shall include the plural or the plural may be read as the singular. 

        (j)    Severability. In the event that any provision of the Plan shall be declared illegal or invalid for any reason, said
illegality or invalidity shall not affect the remaining provisions of the Plan but shall be fully severable, and the Plan shall be construed and enforced as if said illegal or invalid provision had
never been inserted herein. 

        (k)  Status. The establishment and maintenance of, or allocations and credits to, the Deferral Account of any Participant
shall not vest in any Participant any right, title or interest in or to any Plan or Company assets or benefits except at the time or times and upon the terms and conditions and to the extent expressly
set forth in the Plan and in accordance with the terms of any Trust. 

        (l)    Spouse's Interest. The interest in the benefits hereunder of a spouse of a Participant who has predeceased the
Participant shall automatically pass to the Participant and shall not be transferable by such spouse in any manner, including but not limited to such spouse's will, nor shall such interest pass under
the laws of intestate succession. 

        (m)  Successors. The provisions of the Plan shall bind the Company and its successors. 

9.    Claims Procedures  

        (a)  Presentation of Claim. Any Participant or Beneficiary of a deceased Participant (such Participant or Beneficiary being
referred to below as a "Claimant") may deliver to the Committee a written claim for a determination with respect to the amounts distributable to such Claimant from the Plan. If such a claim relates to
the contents of a notice received by the Claimant, the claim must be made within sixty (60) days after such notice was received by the Claimant. All other claims must be made within one hundred
eighty (180) days of the date on which the event that caused the claim to arise occurred. The claim must state with particularity the determination desired by the Claimant. 

        (b)  Notification of Decision. The Committee shall consider a Claimant's claim within ten (10) days of receipt of the
claim and shall notify the Claimant in writing: 

        (i)    that
the Claimant's requested determination has been made, and that the claim has been allowed in full; or 

        (ii)  that
the Committee has reached a conclusion contrary, in whole or in part, to the Claimant's requested determination, and such notice must set forth in a manner
calculated to be understood by the Claimant: 

        (A)  a
description of any additional material or information necessary for the Claimant to perfect the claim, and an explanation of why such material or information is
necessary; and 

        (B)  an
explanation of the claim review procedure set forth below. 

        (c)  Review of a Denied Claim. Within sixty (60) days after receiving a notice from the Committee that a claim has been
denied in whole or in part, a Claimant (or the Claimant's duly authorized representative) may file with the Committee a written request for a review of the denial of the claim. Thereafter, but not
later than thirty (30) days after the review procedure begins, the Claimant (or the Claimant's duly authorized representative): 

        (i)    may
review pertinent documents; 

        (ii)  will
be provided specific reference(s) to the pertinent Plan provisions upon which the decision was based; and 

        (iii)  will
be informed of such other matters as the Committee deems relevant. 

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        (d)  Legal Action. A Claimant's compliance with the foregoing provisions of this Article 9 is a mandatory prerequisite
to a Claimant's right to commence any arbitration with respect to any claim for benefits under this Plan. 

        (e)  Arbitration. All disputes and controversies arising under or in connection with the Plan shall be settled by arbitration
conducted before one arbitrator, mutually agreed to by the parties, sitting in Denver, Colorado, or such other location agreed by the parties hereto, in accordance with the rules for expedited
resolution of employment disputes of the American Arbitration Association then in effect. If the parties to the arbitration have not mutually agreed upon the selection of the arbitrator within a
period of thirty (30) days after the demand for arbitration, any party (or parties) may request the American Arbitration Association to select an arbitrator, and the case shall be heard before
the arbitrator so selected. The arbitrator shall have expertise in the matters of deferred compensation and "top hat plans." The determination of the arbitrator shall be made within thirty
(30) days following the close of the hearing on any dispute or controversy and shall be final and binding on the parties. Judgment may be entered on the award of the arbitrator in any court
having proper jurisdiction. 

10.  Effective Date. 

        The
Plan shall be effective as of the Plan Effective Date. 

	/s/  ROBERT S. BOSWELL      
 Robert S. Boswell

Chairman and Chief Executive Officer

Forest Oil Corporation	 	 

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Exhibit 10.19    
  

SECOND AMENDMENT TO

RETIREMENT SAVINGS PLAN OF

FOREST OIL CORPORATION  

        WHEREAS, Forest Oil Corporation (the "Company") has heretofore adopted the Retirement Savings Plan of Forest Oil
Corporation, as amended and restated effective August 1, 2001 (the "Plan"); and 

        WHEREAS, the Company desires to amend the Plan to reflect certain provisions of the Economic Growth and Tax Relief Reconciliation Act of
2001 ("EGTRRA"), and such amendments are intended as good faith compliance with the requirements of EGTRRA and are to be construed in accordance with EGTRRA and guidance issued thereunder; and 

        WHEREAS, the Company also desires to amend the Plan with respect to certain new claims procedures rules based upon regulations issued by
the Department of Labor; and 

        WHEREAS, the Company also desires to amend the Plan in certain other respects; 

        NOW, THEREFORE, the Plan shall be amended as follows and such amendments shall supersede the provisions of the Plan to the extent those
provisions are inconsistent with the provisions of such amendments: 

          1.  Effective
as of January 1, 2002, the reference to "$170,000" in Section 1.1(11)(C) of the Plan shall be deleted and reference to "$200,000" shall be
substituted therefor. 

          2.  Effective
with respect to distributions made from the Plan after December 31, 2001, Section 1.1(18) of the Plan shall be deleted and the following shall be
substituted therefor: 

	"(18)
	Eligible Retirement Plan: Any of: an individual retirement account described in section 408(a) of the Code, an individual retirement
annuity described in section 408(b) of the Code, an annuity plan described in section 403(a) of the Code, a qualified plan described in section 401(a) of the
Code, which, under its provisions does, and under applicable law may, accept a Distributee's Eligible Rollover Distribution, an annuity contract described in section 403(b) of the Code
and an eligible plan under section 457(b) of the Code which is maintained by a state, political subdivision of a state, or agency or instrumentality of a state or political subdivision
of a state and which agrees to separately account for the amounts transferred into such plan from the Plan. The definition of Eligible Retirement Plan shall also apply in the case of a distribution to
a surviving spouse or to a spouse or former spouse who is an alternate payee under a qualified domestic relations order, as defined in section 414(p) of the Code." 

          3.  Effective
with respect to distributions made from the Plan after December 31, 2001, the last sentence of Section 1.1(19) of the Plan shall be deleted and
the following shall be substituted therefor: 

"Notwithstanding
the foregoing or any other provision of the Plan, (A) any amount that is distributed from the Plan on account of hardship shall not be an Eligible Rollover Distribution and the
Distributee may not elect to have any portion of such a distribution paid directly to an Eligible Retirement Plan and (B) a portion of a distribution shall not fail to be an Eligible Rollover
Distribution merely because the portion consists of after-tax employee contributions which are not includable in gross income; provided, however, that such portion may be transferred only
to an individual retirement account or annuity described in section 408(a) or (b) of the Code or to a qualified defined contribution plan described in
section 401(a) or 403(a) of the Code that agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is
includable in gross income and the portion of such distribution which is not so includable." 

 

          4.  Effective
as of January 1, 2002, the reference to "15%" in Section 3.1(a) of the Plan shall be deleted, and a reference to "80%" shall be substituted
therefor. 

          5.  Effective
as of January 1, 2002, Section 3.1(d) of the Plan shall be deleted and the following shall be substituted therefor: 

      "(d)  In
restriction of the Participants' elections provided in Paragraph (a), (b) and (c) above and except to the extent permitted under
Section 3.1(g) and section 414(v) of the Code, the Before-Tax Contributions and the elective deferrals (within the meaning of section 402(g)(3) of
the Code) under all other plans, contracts and arrangements of the Employer on behalf of any Participant for any calendar year shall not exceed the dollar limitation contained in
section 402(g) of the Code in effect for such calendar year." 

          6.  Effective
as of January 1, 2002, the following shall be added to the end of Section 3.1(e) of the Plan: 

"The
foregoing notwithstanding, the multiple use test described in Treasury regulation section 1.401(m)-2 shall not apply for Plan Years beginning after December 31, 2001." 

          7.  Effective
as of January 1, 2002, Section 3.1(g) of the Plan shall be denominated as Section 3.1(h) and the following new
Section 3.1(g) shall be added to the Plan: 

      "(g)  All
Eligible Employees who are eligible to make Before-Tax Contributions to the Plan pursuant to Section 3.1(a) above and who will have
attained age 50 before the close of the Plan Year shall be eligible to make catch-up contributions to the Plan for such Plan Year in accordance with, and subject to the limitations of,
section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the Plan implementing the required limitations of
sections 402(g) and 415 of the Code, as described, respectively, in Sections 3.1(d) and 4.4 of the Plan. The Plan shall not be treated as failing to satisfy the provisions
of the Plan implementing the requirements of section 401(k)(3), 401(k)(11), 401(k)(12), 410(b) or 416 of the Code, as applicable, by reason of the making of such catch-up
contributions. Catch-up contributions made by a Participant pursuant to this Section 3.1(g) shall be treated as Before-Tax Contributions for all purposes of the
Plan except as otherwise specifically provided in the Plan." 

          8.  Effective
as of January 1, 2002, Section 3.2 of the Plan shall be deleted and the following shall be substituted therefor: 

      "3.2  Employer Matching Contributions. For each month, the Employer shall contribute to the Trust, as
Employer Matching Contributions, an amount that equals 100% of the Before-Tax Contributions that were made pursuant to Section 3.1 (excluding catch-up contributions made
pursuant to Section 3.1(g)) on behalf of each of the Participants during such month and that were not in excess of 5% (which percentage shall be increased to 6% effective as of
January 1, 2003) of each such Participant's Compensation for such month. At the sole discretion of the Directors, the Executive Committee or the Compensation Committee of the Board of Directors
of the Company, Employer Matching
Contributions on behalf of Participants shall be made in cash, in whole shares of Company Stock, or in any combination of cash and whole shares of Company Stock." 

          9.  Effective
as of January 1, 2002, Section 3.4 of the Plan shall be deleted and the following shall be substituted therefor: 

      "3.4  Employer Discretionary Contributions. For each Plan Year, the Employer may contribute to the
Trust, as an Employer Discretionary Contribution, an additional amount as determined in the sole and exclusive discretion of the Directors, the Executive Committee or the Compensation Committee of the
Board of Directors of the Company. If it has been so determined that an Employer Discretionary Contribution shall be made for any Plan Year, such contribution shall be made to the Trustee in cash, in
whole shares of Company Stock, or in any combination of cash and 

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whole shares of Company Stock (as determined in the sole discretion of the Directors, the Executive Committee or the Compensation Committee of the Board of Directors of the Company), as soon as
practicable following the end of such Plan Year (and in no event later than the time prescribed by law (including extensions) for the filing of the Company's federal income tax return for its taxable
year ending with or within the Plan Year)." 

        10.  Effective
as of January 1, 2002, paragraph (b) of Section 3.8 of the Plan shall be denominated as paragraph (d), and
paragraph (a) of Section 3.8 of the Plan shall be deleted and the following shall be substituted therefor: 

      "(a)  Rollover
Contributions may be made to the Plan by any Eligible Employee of amounts received by such Eligible Employee from a qualified plan described in
section 401(a) or 403(a) of the Code, an annuity contract described in section 403(b) of the Code or an eligible plan under section 457(b) of the Code which
is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state (excluding, in each case, after-tax employee
contributions). In addition, the Plan will accept a Rollover Contribution of the portion of a distribution received by an Eligible Employee from an individual retirement account or annuity described
in section 408(a) or 408(b) of the Code that is eligible to be rolled over and would otherwise be includable in gross income. Rollover Contributions pursuant to this Paragraph may
be made to the Plan only pursuant to and in accordance with applicable provisions of the Code and Treasury regulations promulgated thereunder. 

        (b)  Qualified
direct Rollover Contributions may be made to the Plan by any Eligible Employee of amounts received by such Eligible Employee from any of a qualified plan
described in section 401(a) or 403(a) of the Code (excluding after-tax employee contributions), an annuity described in section 403(b) of the Code
(excluding after-tax employee contributions) or an eligible plan under section 457(b) of the Code which is maintained by a state, political subdivision of a state, or any
agency or instrumentality of a state or political subdivision of a state. Qualified direct Rollover Contributions pursuant to this Paragraph may be made to the Plan only pursuant to and in accordance
with applicable provisions of the Code and Treasury regulations promulgated thereunder. 

        (c)  A
Rollover Contribution of amounts that are 'eligible rollover distributions' within the meaning of section 402(f)(2)(A) of the Code may be made to the
Plan irrespective of whether such eligible rollover distribution was paid to the Eligible Employee or paid to the Plan as a 'direct' Rollover Contribution. A direct Rollover Contribution to the Plan
may be effectuated only by wire transfer directed to the Trustee or by issuance of a check made payable to the Trustee, which is negotiable only by the Trustee and which identifies the Eligible
Employee for whose benefit the Rollover Contribution is being made. Any Eligible Employee desiring to effect a Rollover Contribution to the Plan must execute and file with the Committee the form
prescribed by the Committee for such purpose. The Committee may require as a condition to accepting any Rollover Contribution that such Eligible Employee furnish any evidence that the Committee in its
discretion deems satisfactory to establish that the proposed Rollover Contribution is in fact eligible for rollover to the Plan and is made pursuant to and in accordance with applicable provisions of
the Code and Treasury regulations. All Rollover Contributions to the Plan must be made in cash. A Rollover Contribution shall be credited to the Rollover Contribution Account of the Eligible Employee
for whose benefit such Rollover Contribution is being made at the time provided in Section 4.1(g)." 

        11.  Effective
as of January 1, 2002, the following shall be added to the end of Section 4.4(a)(1) of the Plan: 

"The
Annual Additions of a Participant for any Limitation Year shall not include Participant catch-up contributions made pursuant to Section 3.1(g) and
section 414(v) of the Code." 

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        12.  Effective
as of January 1, 2002, Section 4.4(a)(2)(B) of the Plan shall be deleted in its entirety. 

        13.  Effective
as of January 1, 2002, Section 4.4(a)(4) of the Plan shall be deleted and the following shall be substituted therefor: 

      "(4)  'Maximum
Annual Additions' of a Participant for any Limitation Year shall mean the lesser of (a) $40,000 (with such amount to be adjusted automatically to
reflect any cost-of-living adjustment authorized by section 415(d) of the Code) or (B) 100% of such Participant's 415 Compensation during such Limitation
Year, except that the limitation in this Clause (B) shall not apply to any contribution for medical benefits (within the meaning of section 419A(f)(2) of the Code) after
separation from service with the Employer or a Controlled Entity that is otherwise treated as an Annual Addition or to any amount otherwise treated as an Annual Addition under section 415(l)(1)
of the Code." 

        14.  Effective
as of January 1, 2002, the second sentence of Section 5.2(c) of the Plan shall be deleted and the following shall be substituted therefor: 

"Notwithstanding
anything herein to the contrary, contributions of the Company Stock pursuant to Section 3.2 or 3.4 shall be made as determined by the Directors, the Executive Committee or the
Compensation Committee of the Board of Directors of the Company." 

        15.  Effective
as of December 1, 2002, Section 7.2 of the Plan shall be deleted and the following shall be substituted therefor: 

      "7.2  Total and Permanent Disability Determined. A Participant shall be considered totally and
permanently disabled for purposes of the Plan if such Participant is determined to be totally and permanently disabled within the meaning of a long-term disability plan made available to
such Participant by or on behalf of the Employer; provided, however, that if a Participant is not eligible to participate in any such long-term disability plan, then such Participant shall
be considered totally and permanently disabled for purposes of the Plan if he is determined to be eligible for long-term disability benefits under the Social Security Act." 

        16.  Effective
with respect to distributions after December 31, 2001, the following new Paragraph (g) shall be added to Section 10.1 of the Plan: 

      "(g)  Notwithstanding
the provisions of the Plan regarding availability of distributions from the Plan upon 'termination of employment,' a Participant's Accounts shall be
distributed on account of the Participant's 'severance from employment' as such term is used in section 401(k)(2)(B)(i)(I) of the Code. Distributions permitted under the Plan upon a
Participant's 'severance from employment' pursuant to the preceding sentence shall apply for distributions after December 31, 2001, regardless of when the severance from employment occurred." 

        17.  Effective
with respect to distributions made after December 31, 2001, the following shall be added to the end of Section 10.1(b) of the Plan: 

"For
purposes of this paragraph and paragraph (f) below, the value of a Participant's Vested Interest in his Accounts shall be determined without regard to that portion of his Accounts
which is attributable to Rollover Contributions (and earnings allocable thereto) within the meaning of sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii) and 457(e)(16) of the Code.
If the value of a Participant's Vested Interest in his Accounts as so determined is $5,000 or less, then the Participant's entire nonforfeitable account balance (including amounts attributable to such
Rollover Contributions) shall be immediately distributed pursuant to this paragraph." 

        18.  Effective
for Plan benefit claims filed on or after January 1, 2002, Section 10.5 of the Plan shall be deleted and the following shall be substituted
therefor: 

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Exhibit 10.19

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