Document:

EX-10.4

Exhibit 10.4

Marathon Oil Company

Deferred Compensation Plan

(Amended and Restated as of January 1, 2006)

Second Amendment

Effective October 1, 2006

WHEREAS, effective January 1, 2006 Marathon Oil Company (the “Company”) adopted an amendment
and restated version of the Marathon Oil Company Deferred Compensation Plan (the “Plan”), and

WHEREAS, pursuant to Article I of the Plan, any Marathon Oil Corporation Officer in Compensation
Grade 19 and above is eligible to participate in this Marathon Oil Company Deferred Compensation
Plan.

WHEREAS, pursuant to Article IV of the Plan, coverage for new hires eligible for the Plan, who,
except for the provisions governing the Thrift Plan’s “waiting period,” would otherwise be eligible
to participate in the Thrift Plan are eligible to receive a Deferred Compensation Plan accrual
equal to 6 percent of gross pay (as defined in the Thrift Plan) during the Thrift Plan’s waiting
period.

NOW, THEREFORE, Marathon Oil Company, having established the Plan and having reserved the right to
amend the Plan in Article X thereof, does hereby amend the Plan as follows:

	 	1.	 	Effective October 1, 2006, Article I, Section 1.8, is amended and restated as
follows:

“Eligible Employee” means a Marathon Oil Corporation Officer in Grade 19 and above and,
if recommended by the Vice President of Human Resources of Marathon Oil Corporation and
approved by the President of Marathon Oil Corporation, any Grade 19 and above employee
of the Marathon Oil Corporation Controlled Group, excluding Speedway SuperAmerica or
its subsidiaries, provided the “eligible employee” has Compensation equal to or greater
than the amount that is provided in Code Section 414(q)(1)(B), as adjusted annually
pursuant to the last paragraph of Code Section 414(q)(1).”

	 	2.	 	Effective January 1, 2006, the first sentence of the first paragraph of
Article IV is amended and restated as follows:

“During each year that an employee is eligible to participate in the MOC-DCP, any
Thrift Plan Company match that would otherwise accrue under the terms of the Marathon
Oil Company Excess Benefit Plan or Marathon Petroleum Company LLC Excess Benefit Plan,
as applicable, shall be allocated to the MOC-DCP.”

	 	3.	 	Effective October 1, 2006, the first paragraph of Article IV is amended and
restated as follows:

“During each year that an employee is eligible to participate in the MOC-DCP, any
Thrift Plan Company match that would otherwise accrue under the terms of the Marathon
Oil Company Excess Benefit Plan or Marathon Petroleum Company LLC Excess Benefit Plan,
as applicable, shall be allocated to the MOC-DCP. Effective for eligible pay received
on or after October 1, 2006, the Company will match each Participant’s elective
deferrals to the MOC-DCP on a pay-period basis at the rate of the maximum potential
Company match under the Thrift Plan.”

	 	4.	 	Effective October 1, 2006, the second paragraph of Article IV is amended and
restated as follows:

“New hires who are eligible for this Plan and who, except for the provisions governing
the Thrift Plan’s “waiting period,” would otherwise be eligible to participate in the
Thrift Plan shall receive a Deferred Compensation Plan accrual equal to the maximum
potential Company match under the Thrift Plan multiplied by the Participant’s gross pay
(as defined in the Thrift Plan but disregarding any limitations on eligible
compensation as may be imposed by the Internal Revenue Code) during the Thrift Plan’s
waiting period. This accrual is subject to the terms and conditions of this Plan and
shall cease to the extent that upon the first date of participation eligibility in the
Thrift Plan the employee is eligible under the law for the Thrift Plan Company matching
contributions.”

By:      /s/ Jerry Howard     

Jerry Howard

Senior Vice President Corporate Affairs

Marathon Oil Corporation

	 	 	 	 	 
	STATE OF TEXAS
	 	 	)	 
	 
	 	) ss.
	COUNTY OF HARRIS
	 	 	)	 

On this      5th     day of October, 2006, before me, a notary public within and for the
State of Texas, personally appeared Jerry Howard, to me personally known, who being by my first
duly sworn, did depose and say that he is the Senior Vice President Corporate Affairs of Marathon
Oil Corporation and has executed the foregoing instrument on behalf of Marathon Oil Corporation by
authority of its Board of Directors.

Pamela Joyce Metoyer

Notary Public, State of Texas

(Notary Seal)EX-10.1

AMENDMENT TO EMPLOYMENT AGREEMENT

The Employment Agreement entered into by and between Endeavour International Corporation (the
“Company”) and William L. Transier (“Employee”) as of February 26, 2004 is hereby amended as
follows:

1. In Section 3, entitled “Term of Employment,” the Term of the Employment Agreement as
defined therein is extended and will end on December 31, 2009.

2. In Section 4, entitled “Employee’s Duties,” Employee’s title shall be changed and Employee
will serve as Chairman, President, and Chief Executive Officer.

3. In Section 5(b), entitled “Base Compensation,” Employee’s Base Compensation as defined
therein will be increased to $800,000 per annum, effective as of September 9, 2006.

4. A new Section 5(c), entitled “International Assignment”, shall be added to Section 5,
entitled “Compensation,” which will read as follows:

“(c) International Assignment. For such period as shall be
requested by the Company, Employee will be based in the Company’s United
Kingdom office. Employee will receive additional compensation while
assigned to the United Kingdom, as provided in the Company’s International
Assignment Policy for Employees and as shall otherwise be determined by the
Compensation Committee of the Board of Directors of the Company. No
acceleration of the vesting of Employee’s existing stock options or
restricted stock shall occur as a result of Employee’s new title or
Employee’s assignment to the United Kingdom.”

5. All other provisions of the Employment Agreement shall remain in full force and effect.

1

IN WITNESS WHEREOF, the Parties have entered into this Amendment to Employment Agreement as of
October 9, 2006.

ENDEAVOUR INTERNATIONAL CORPORATION

By: /s/ H. Don Teague

EMPLOYEE:

/s/ William L. Transier

William L. Transier

Houston 2999024v.1

2EX-10.2

CONSULTING AGREEMENT

This Consulting Agreement (“Agreement”) is entered into by and between Endeavour International
Corporation (the “Company”), a Nevada corporation, and Mr. John N. Seitz (“Mr. Seitz”).

WHEREAS, Mr. Seitz has extensive expertise and experience in oil and gas exploration and
production; and

WHEREAS, the Company wishes to continue to benefit from the expertise and experience of Mr.
Seitz; and

WHEREAS, the Company desires to engage Mr. Seitz to perform services for it in accordance with
this Agreement; and

WHEREAS, Mr. Seitz desires to provide such services on the terms and conditions of this
Agreement;

NOW THEREFORE, the parties hereto agree as follows:

1. Effect of Agreement. This Agreement supersedes and replaces the Employment
Agreement between the parties hereto entered into as of February 26, 2004. The parties agree that
nothing in this Agreement or the termination of the previous Employment Agreement will result in an
acceleration of the vesting of Mr. Seitz’s existing stock options or restricted stock outstanding
under existing stock option agreements and restricted stock agreements. The existing stock options
and restricted stock shall continue to vest upon the schedules provided for under such agreements
so long as Mr. Seitz is providing services to the Company under this Agreement.

2. Term of Agreement. The term of this Agreement shall continue through
December 31, 2008. Either party may terminate this Agreement on 30 days written notice after
December 31, 2007.

3. Mr. Seitz’s Duties. During the term of this Agreement, Mr. Seitz shall serve as a
consultant to the Company on oil and gas exploration and other matters as may be requested by the
Company. Mr. Seitz will devote such portion of his business time to the activities of the Company
as shall be reasonably requested by the Company, with the understanding that this will be his
primary business focus. Mr. Seitz will not accept any other positions or perform any other
services which would compete with the activities of the Company or which would materially interfere
with the performance of his duties or responsibilities hereunder.

4. Compensation. Beginning September 9, 2006, the Company will pay Mr. Seitz
compensation of $300,000 per annum for his services. The Compensation Committee of the Board of
Directors of the Company may grant Mr. Seitz a bonus for his services in the calendar year 2006, in
an amount to be determined by the Compensation Committee.

5. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Texas.

6. Arbitration. Either party may elect that any dispute or controversy arising under
or in connection with this Agreement be settled by arbitration in Houston, Texas in accordance with
the rules of the American Arbitration Association then in effect. If the parties cannot mutually
agree on an arbitrator, then the arbitration shall be conducted by a three arbitrator panel, with
each party selecting one arbitrator and the two arbitrators so selected selecting a third
arbitrator. The findings of the arbitrator(s) shall be final and binding, and judgment may be
entered thereon in any court having jurisdiction. The findings of the arbitrator(s) shall not be
subject to appeal to any court, except as otherwise provided by applicable law. The arbitrator(s)
may, in his or her (or their) own discretion, award legal fees and costs to the prevailing party.

IN WITNESS WHEREOF, the parties hereto have executed this Consulting Agreement as of October
9, 2006.

ENDEAVOUR INTERNATIONAL CORPORATION

By: /s/ H. Don Teague

/s/ John N. Seitz

John N. Seitz

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]