Document:

exv10w51

Exhibit 10.51

EXTERRAN HOLDINGS, INC. AWARD NOTICE

TIME-VESTED NON-QUALIFIED STOCK OPTION

FIRST AMENDMENT

          THIS FIRST AMENDMENT TO THE EXTERRAN HOLDINGS, INC. AWARD NOTICE FOR TIME-VESTED NON-QUALIFIED
STOCK OPTION (the “Amendment”) is entered into by and between Exterran Holdings, Inc., a Delaware
corporation (the “Company”), and Stephen A. Snider (the “Participant”).

W I T N E S S E T H:

          WHEREAS, the Company previously granted to the Participant, on March 4, 2008, a non-qualified
stock option to purchase 52,725 shares of common stock of the Company under the Exterran Holdings,
Inc. Amended and Restated 2007 Stock Incentive Plan (the “Plan”) at an exercise price of $67.30 per
share, pursuant to the terms and conditions of an Award Notice for Time-Vested Non-Qualified Stock
Option (the “Award Notice”) and the Plan; and

          WHEREAS, subject to the consent of the Participant, the Compensation Committee of the Board of
Directors of the Company (the “Committee”) may, in its sole discretion, amend an outstanding Award
Notice from time to time in any manner that is not inconsistent with the provisions of the Plan;
and

          WHEREAS, the Committee has determined that the Participant’s termination of employment with
the Company (other than due to Cause, death or Disability) shall constitute “Retirement” under the
Plan; and

          WHEREAS, the Committee and the Participant desire to amend the Award Notice to make certain
changes with regard to the vesting and exercise provisions of the Award Notice;

          NOW, THEREFORE, effective as of October 27, 2008, the Award Notice is hereby amended as
follows:

     1. Section 5(a) of the Award Notice is hereby amended to read as follows:

     “(a) Termination as a Result of Death, Disability, or Retirement. The unvested
portion of your Award will immediately vest in full and become exercisable, and you
(or your legal representative) will be entitled to exercise the vested portion of
your Award at any time prior to the Expiration Date or, if earlier in the case of
death or Disability, the expiration of 2 years after the date of your termination
due to death or Disability.”

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     2. The Award Notice shall remain in full force and effect and, as amended by this Amendment,
is hereby ratified and affirmed in all respects.

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          IN WITNESS WHEREOF, the parties have executed this Amendment effective as of October 27, 2008.

	 	 	 	 	 	 	 
	 	 	EXTERRAN HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Stephen M. Pazuk	 	 
	 

	 	 	 	Chairman, Compensation Committee	 	 
	 
	 	 	 	 	 	 
	 	 	PARTICIPANT	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Stephen A. Snider	 	 

3exv10w52

Exhibit 10.52

EXTERRAN HOLDINGS, INC. AWARD NOTICE

TIME-VESTED RESTRICTED STOCK

FIRST AMENDMENT

          THIS FIRST AMENDMENT TO THE EXTERRAN HOLDINGS, INC. AWARD NOTICE FOR TIME-VESTED RESTRICTED
STOCK (the “Amendment”) is entered into by and between Exterran Holdings, Inc., a Delaware
corporation (the “Company”), and Stephen A. Snider (the “Participant”).

W I T N E S S E T H:

          WHEREAS, the Company previously granted to the Participant, on March 4, 2008, 20,060 shares of
restricted stock of the Company under the Exterran Holdings, Inc. Amended and Restated 2007 Stock
Incentive Plan (the “Plan”), pursuant to the terms and conditions of an Award Notice for
Time-Vested Restricted Stock (the “Award Notice”) and the Plan; and

          WHEREAS, subject to the consent of the Participant, the Compensation Committee of the Board of
Directors of the Company (the “Committee”) may, in its sole discretion, amend an outstanding Award
Notice from time to time in any manner that is not inconsistent with the provisions of the Plan;
and

          WHEREAS, the Committee has determined that the Participant’s termination of employment with
the Company (other than due to Cause, death or Disability) shall constitute “Retirement” under the
Plan; and

          WHEREAS, the Committee and the Participant desire to amend the Award Notice to make certain
changes with regard to the vesting provisions of the Award Notice;

          NOW, THEREFORE, effective as of October 27, 2008, the Award Notice is hereby amended as
follows:

          1. Section 4 of the Award Notice is hereby amended to read as follows:

     “4. Termination of Employment. If your employment with the Company or an
Affiliate terminates for any reason (other than as a result of death, Disability or
Retirement), the unvested portion of your Award will be automatically forfeited on
the date of such termination unless the Compensation Committee directs otherwise.
If your employment with the Company terminates as a result of your death, Disability
or Retirement, on or after October 28, 2008, the unvested portion of your Award will
immediately vest in full and all restrictions applicable to your Award will cease as
of the date of your termination.”

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          2. The Award Notice shall remain in full force and effect and, as amended by this Amendment,
is hereby ratified and affirmed in all respects.

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          IN WITNESS WHEREOF, the parties have executed this Amendment effective as of October 27, 2008.

	 	 	 	 	 	 	 
	 	 	EXTERRAN HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Stephen M. Pazuk	 	 
	 

	 	 	 	Chairman, Compensation Committee	 	 
	 
	 	 	 	 	 	 
	 	 	PARTICIPANT	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Stephen A. Snider	 	 

3exv10w53

Exhibit 10.53

EXTERRAN HOLDINGS, INC.

SECOND AMENDMENT TO GRANT OF UNIT APPRECIATION RIGHTS

          THIS SECOND AMENDMENT TO GRANT OF UNIT APPRECIATION RIGHTS (the “Amendment”) is entered into
by and between Exterran Holdings, Inc., a Delaware corporation (the “Company”), and Stephen A.
Snider (the “Grantee”).

W I T N E S S E T H:

          WHEREAS, Universal Compression Holdings, Inc. previously granted to the Grantee, on December
13, 2006, 85,714 unit appreciation rights (“UARs”) with respect to Common Units of Universal
Compression Partners, L.P., with an exercise price of $25.94 per unit, pursuant to the terms and
conditions set forth in a Grant of Unit Appreciation Rights Award Agreement, as amended (the
“Agreement”); and

          WHEREAS, as of August 20, 2007, the Company assumed the obligations of Universal Compression
Holdings, Inc., with respect to the UARs granted under the Agreement and the Compensation Committee
of the Board of Directors of the Company (the “Committee”) has the authority to determine the terms
and conditions of the Agreement; and

          WHEREAS, the Committee and the Grantee desire to the amend the Agreement to make certain
changes with regard to the exercise provisions of the Agreement, as permitted under IRS Notice
2007-86;

          NOW, THEREFORE, effective as of October 27, 2008, the Agreement is hereby amended as follows:

     1. Paragraph 3(d) of the Agreement (“Other Terminations”) is hereby amended to read as
follows:

“Other Terminations. If your employment with the Company is terminated for
any reason other than as provided in paragraphs 3(a), (b) or (c) above, to the
extent vested on the date of your termination, subject to the further
provisions of this Agreement, you or your guardian or legal representative (or
your estate or the person who acquires the UARs by will or the laws of descent
and distribution or otherwise by reason of your death if you die during such
period) may exercise the UARs at any time on or after January 1, 2009 until
December 31, 2009 (and your UARs, to the extent not exercised during this
period shall terminate and be of no further force and effect as of the close of
business on December 31, 2009).”

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     2. Paragraph 10 of the Agreement (“Section 409A”) is hereby amended by adding the following
sentence to the end thereof:

“If you are a ‘specified employee’ within the meaning of Code Section 409A as of the
date your employment with the Company terminates prior to January 1, 2009, and your
UARs vest due to your termination, then any UARs you exercise during the six month
period commencing on your termination date shall not be paid until the second day
following the end of such six month period (or, if earlier, the date of your
death).”

     3. The Agreement shall remain in full force and effect and, as amended by this Amendment, is
hereby ratified and affirmed in all respects.

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          IN WITNESS WHEREOF, the parties have executed this Amendment effective as of October 27, 2008.

	 	 	 	 	 	 	 
	 	 	EXTERRAN HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Stephen M. Pazuk	 	 
	 

	 	 	 	Chairman, Compensation Committee	 	 
	 
	 	 	 	 	 	 
	 	 	GRANTEE	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Stephen A. Snider	 	 

3exv10w15

Exhibit 10.15

THIRD AMENDMENT TO

EXTERRAN PARTNERS, L.P. LONG-TERM INCENTIVE PLAN

     This THIRD AMENDMENT to Exterran Partners, L.P. Long-Term Incentive Plan (this “Third
Amendment”) is made as of the 18th day of December, 2008, by Exterran GP LLC, a Delaware
limited liability company (the “Company”), the general partner of Exterran General Partner, LP, a
Delaware limited partnership, which is the general partner of Exterran Partners, L.P., a Delaware
limited partnership. Capitalized terms used in this Third Amendment that are not otherwise defined
herein shall have the meanings ascribed to them in the Plan (as that term is defined below).

RECITALS

     WHEREAS, the Company authorized and maintains that certain Exterran Partners, L.P. Long-Term
Incentive Plan, as effective on October 16, 2006, and as thereafter amended (the “Plan”); and

     WHEREAS, pursuant to Section 7(a) of the Plan, the Company desires to amend the Plan;

     NOW, THEREFORE, the Company hereby amends the Plan, effective as of the close of business on
December 31, 2008, as follows:

     1. Section 4(c) of the Plan is hereby amended by adding the following sentence to the end
thereof:

“The foregoing notwithstanding, no adjustments authorized by this Section 4(c) shall
be made by the Committee in such manner that would cause or result in this Plan or
any amounts or benefits payable hereunder to fail to comply with the requirements of
Section 409A of the Internal Revenue Code and the accompanying Treasury regulations
and guidance issued thereunder by the Internal Revenue Service, to the extent
applicable, and any such adjustment that may reasonably be expected to result in
such non-compliance shall be of no force or effect.”

     2. Section 6(b)(iv) of the Plan is hereby amended by adding the following new subsection (C)
to the end thereof which shall read as follows:

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     “(C) Payment. Unless otherwise provided in an Award Agreement by the
Committee, the payment or removal of restrictions described in clauses (A) and (B)
above shall be made no later than the March 15th of the year following the calendar
year in which the applicable vesting date occurred.”

     3. Section 7 of the Plan is hereby amended by adding the new following subsection (e) to the
end thereof:

     “(e) Section 409A. None of this Plan or any Award Agreement hereunder
shall be amended, altered, suspended, discontinued or terminated as provided in this
Section 7 in such manner that would cause this Plan or any amounts or benefits
payable hereunder to fail to comply with the requirements of Section 409A of the
Internal Revenue Code and the accompanying Treasury regulations and guidance issued
thereunder by the Internal Revenue Service, to the extent applicable, and any such
action that may reasonably be expected to result in such non-compliance shall be of
no force or effect.”

     4. Except for the provisions of the Plan that are expressly amended by this Third Amendment,
the Plan shall remain in full force without change.

     IN WITNESS WHEREOF, this Third Amendment has been duly executed by the Company as of the date
first written above.

	 	 	 	 	 
	 	EXTERRAN GP LLC

 	 
	 	By:  	 	 
	 	 	Name:  	Stephen A. Snider  	 
	 	 	Title:  	Chief Executive Officer 	 
	 

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