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                                                                   Exhibit 10.31

                              AMENDED AND RESTATED
                                   CONOCO INC.
                   SALARY DEFERRAL & SAVINGS RESTORATION PLAN

I.    PURPOSE

      The purpose of the Salary Deferral & Savings Restoration Plan (Plan) is to
      provide eligible employees with the opportunity to defer, until
      termination of employment, receipt of salary that, because of compensation
      limits imposed by law, is ineligible to be considered in calculating
      benefits within the Company's tax-qualified defined contribution plans and
      thereby recover benefits lost because of that restriction.

II.   ADMINISTRATION

      The administration of this Plan is vested in the Employee Benefit Plans
      Board (EBPB). The EBPB may adopt such rules as it may deem necessary for
      the proper administration of the Plan, and may appoint such persons or
      groups as may be judged necessary to assist in the administration of the
      Plan. The EBPB's decision in all matters involving the interpretation and
      application of this Plan shall be final. The EBPB shall have the
      discretionary right to determine eligibility for benefits hereunder and to
      construe the terms and conditions of this Plan.

III.  ELIGIBILITY

      An employee of the Company who is eligible to participate in the Thrift
      Plan for Employees of Conoco Inc. (the Thrift Plan) and whose annual base
      compensation exceeds the amount prescribed in Internal Revenue Code
      Section 401(a)(17) shall be eligible to participate in this Plan
      (hereinafter "Participant"). Participant shall also include any individual
      who continues to have a Participant Account under this Plan.

      For purposes of this Plan, the term "Company" means ConocoPhillips
      Services Inc., Conoco Pipe Line Inc., or Louisiana Gas Systems Inc. Prior
      to January 1, 2003, Company included Conoco Inc.

      Participation in this Plan is entirely voluntary.

IV.   PARTICIPANT ACCOUNTS

      A.    PARTICIPANT CONTRIBUTIONS

            A Participant may elect to defer receipt of a percentage of annual
            base compensation in excess of the amount prescribed in Internal
            Revenue Code Section 401 (a)( 17), and have the dollar equivalent of
            the deferral percentage credited to a Participant Account under this
            Plan. The deferral percentage elected under this Plan shall not
            exceed that allowed in total in the tax-qualified defined
            contribution plans of the Company in which (s)he participates.
            Except as provided below, such deferral election will be made prior
            to the beginning of each calendar year and will be irrevocable for
            that calendar year.

            For purposes of a Participant's first year of participation in this
            Plan, the compensation
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            deferral election must be made no later than 30 days prior to the
            first day of the month for which compensation is deferred and will
            be irrevocable for the remainder of that calendar year.

      B.    COMPANY CONTRIBUTIONS

            1.    To the extent that a Participant makes a deferral election
                  under the terms of subparagraph (A) above, the Company will
                  credit to that Participant's Account in this Plan an amount
                  equivalent to the Company matching contributions that would be
                  provided to that Participant under the terms of the Company's
                  tax-qualified defined contribution plans in which (s)he is
                  participating.

            2.    The Company will credit to the Participant's Account in this
                  Plan an amount equivalent to the value of the Semiannual
                  Allocation or Supplemental Allocation under the Stock Savings
                  Feature of the ConocoPhillips Savings Plan (the CPSP) as those
                  terms are used in the CPSP that would be provided to that
                  Participant on his or her annual base compensation in excess
                  of the amount prescribed in Internal Revenue Code Section 401
                  (a)(7) under the terms of the CPSP.

      C.    EARNINGS EQUIVALENTS

            Credits for Participant Contributions and Company Contributions
            shall be treated as having been invested in one or more of the
            investment options available in the Company's tax-qualified defined
            contribution plan in which (s)he is participating. Additional credit
            (or debit) amounts will be posted to the Participant's Account in
            this Plan based on the performance of those investment options.

            The Participant shall have the right to:

            I.    Designate which investment options are to be used in valuing
                  his/her Account under this Plan, subject to the rules
                  governing investment direction in the Thrift Plan; and/or

            2.    Change the designated investment options used in valuing
                  his/her Account under this Plan, subject to the rules
                  governing investment direction and/or transfers among funds in
                  the Thrift Plan.

      D.    CREDITS TO ACCOUNTS

            I.    Participant Contributions, Company Contributions, and Earnings
                  Equivalents shall be credited (or debited) to the
                  Participant's Account under this Plan as unfunded book entries
                  stated as cash balances, and will not be payable to a
                  Participant until such time as employment with the Company
                  terminates. The cash balances in Participant Accounts shall be
                  unfunded general obligations of the Company, and no
                  Participant shall have any claim to or security interest in
                  any asset of the Company on account thereof.

            2.    For each employee who was participating in the DuPont Salary
                  Deferral & Savings Restoration Plan (DuPont Plan) immediately
                  prior to January 1, 1999, an amount equivalent to Participant
                  Contributions, Company Contributions, and Earnings Equivalents
                  under the DuPont Plan credited (or debited) to the
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                  Participant's Account under the DuPont Plan shall be credited
                  to the Participant's Account under this Plan as unfunded book
                  entries stated as cash balances, and will not be payable to
                  such Participant until such time as employment with the
                  Company terminates. The cash balances in Participant Accounts
                  shall be unfunded general obligations of the Company and no
                  Participant shall have any claim to or security interest in
                  any asset of the Company on account thereof.

V.    VESTING

      Participant Contributions and Company Contributions and Earnings
      Equivalents shall be vested at the time such amounts are credited to the
      Participant's Account.

VI.   PAYMENT OF BENEFITS

      Amounts payable under this Plan shall be delivered in a cash lump sum as
      soon as practicable after termination of employment unless the Participant
      irrevocably elects under rules prescribed by the EBPB to receive payments
      in a series of annual installments. All payments under this Plan shall be
      made by, and all expenses of administering this Plan shall be borne by,
      the Company.

VII.  RIGHT TO MODIFY

      The Company reserves the right, at any time, to amend, suspend, terminate,
      change, or discontinue this Plan in its discretion by action of the Board
      of Directors or its delegee. Notwithstanding the preceding sentence, no
      such amendment, suspension, termination, discontinuation, or change shall
      deprive any person of his accrued benefit under the terms of the Plan or a
      lump sum distribution payable as soon as practicable upon termination of
      employment, including termination for retirement, with respect to his
      accrued benefit.

WITNESS MY HAND to this Conoco Inc. Salary Deferral & Savings Restoration Plan,
as restated effective January 1, 2003.

             /s/ Joseph C. High
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  Joseph C. High, Vice President, Human Resources<PAGE>
                                                                   Exhibit 10.32

                                   CONOCO INC.
                         DIRECTORS' CHARITABLE GIFT PLAN

1.    PURPOSE OF THE PLAN

      The purpose of the Directors' Charitable Gift Plan (the "Plan") is to
      acknowledge the service of members of the Board of Directors (the "Board")
      of Conoco Inc. (the "Company"); recognize the mutual interest of the
      Company and its Directors in support of eligible educational and
      charitable organizations; and enhance the Directors' total compensation
      package.

      Each eligible Director of the Company will recommend that the Company make
      a donation of up to $1,000,000 to the eligible tax-exempt organization(s)
      (the "Organization(s)") designated by the Director. The donation will be
      made in the Director's name in five equal annual installments, with the
      first installment to be made as soon as practicable after the death of the
      Director or former Director.

2.    ELIGIBILITY

      Each member of the Board of Directors who serves for a minimum of one year
      shall be eligible to participate in the Plan. The Plan will not be
      effective for a Director until he or she completes all required enrollment
      procedures for the Plan.

3.    DIRECTOR'S RECOMMENDATION

      Each eligible Director shall make a written recommendation to the Company,
      on a form approved by the Company for this purpose, designating the
      Organization(s) which he or she intends to be the recipient(s) of the
      Company's donation to be made in the Director's name. A Director may
      revise or revoke such recommendation prior to his or her death by signing
      a new recommendation form and submitting it to the Company.

4.    ORGANIZATIONS

      In order to be eligible to a receive a donation, an Organization must
      initially, and at the time a donation is to be made in whole or in part,
      qualify to receive tax-deductible donations under the Internal Revenue
      Code and be reviewed and approved by the Company. An Organization will be
      approved by the Company unless it determines, in the exercise of good
      faith judgment, that a donation to the Organization would be detrimental
      to the best interests of the Company. Private foundations are not eligible
      to receive donations under the Plan.

      Non-U.S. Directors may designate qualified educational and charitable
      organizations in their countries of citizenship, provided that each
      designated organization has a tax exempt status that is similar to
      comparable U.S.-based organizations under section 501(c)(3) of the
      Internal Revenue Code.

5.    AMOUNT AND TIMING OF DONATION

      Each Director may recommend one Organization to receive a Company donation
      of $1,000,000, or two or more Organizations to receive donations
      aggregating $1,000,000. Each Organization must

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      be recommended to receive a donation of at least $100,000. The donation
      will be made by the Company in five equal annual installments, with the
      first installment to be made as soon as practicable after the death of the
      Director or former Director. If a Director recommends more than one
      Organization to receive a donation, each will receive a prorated portion
      of each annual installment. Each annual installment payment will be
      divided among the Organizations in the same proportion as the total
      donation amount has been allocated among the Organizations by the
      Director.

6.    VESTING

      Each Director will be fully vested in the Plan upon completion of one year
      of service as a Director.

      The Board has authority not to make a donation if it determines that a
      Former Director has willfully engaged in activity which is harmful to the
      Company's interest.

7.    FUNDING AND PLAN ASSETS

      The Company may fund the Plan, or it may choose not to fund the Plan. If
      the Company elects to fund the Plan in any manner, neither the Directors
      nor their recommended Organization(s) shall have any rights or interests
      in any assets of the Company identified for such purpose. Nothing
      contained in the Plan shall create, or be deemed to create, a trust,
      actual or constructive, for the benefit of a Director or any organization
      recommended by a Director to receive a donation, or shall give, or be
      deemed to give, any Director or recommended Organization any interest in
      any assets of the Plan or the Company. If the Company elects to fund the
      Plan through life insurance policies, a participating Director agrees to
      cooperate and fulfill the enrollment requirements necessary to obtain
      insurance on his or her life.

8.    AMENDMENT OR TERMINATION

      The Board of Directors may amend, suspend, or terminate this Plan at any
      time without the consent of the Directors or former Directors
      participating in the Plan.

9.    ADMINISTRATION

      Except as otherwise specifically provided, the Plan shall be administered
      by the Company. The Company's determination with respect to any questions
      arising as to interpretation of the Plan shall be final, conclusive, and
      binding on all interested parties.

Amended by Board Resolution
July 16, 2002

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