Document:

exv10w3

 

*** indicates material has been omitted pursuant to a Confidential Treatment Request filed
with the Securities and Exchange Commission. A complete copy of this agreement has been filed
separately with the Securities and Exchange Commission.

Exhibit 10.3

AMENDMENT TO THE MINIMUM PREMIUM ADMINISTRATIVE

SERVICES AGREEMENT,

AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2005,

BY AND BETWEEN

ADMINISTAFF OF TEXAS, INC.,

AND

UNITED HEALTHCARE INSURANCE COMPANY

     THIS AMENDMENT TO THE MINIMUM PREMIUM ADMINISTRATIVE SERVICES AGREEMENT, as amended and
restated effective January 1, 2005, (the “Administrative Services Agreement”) is entered into as
of July 2, 2007, by and between Administaff of Texas, Inc., a Texas corporation, and United
Healthcare Insurance Company, a Connecticut corporation (this “Amendment”).

RECITALS

     WHEREAS, on or about June 25, 2002, the Employer and the Company executed the Minimum Premium
Administrative Services Agreement effective January 1, 2002 (“Original Agreement”), and on or
about December 3, 2004, the Employer and the Company executed an amendment to the Original
Agreement; and

     WHEREAS, effective January 1, 2005, the Employer and the company executed the
Administrative Services Agreement to amend and restate the Original Agreement (Terms
capitalized in this Amendment not for grammatical reasons and not otherwise defined in this
Amendment shall have the meanings ascribed to them in the Administrative Services Agreement);
and

     WHEREAS, the Employer and the Company now wish to further amend the Administrative Services
Agreement pursuant to the terms of this Amendment effective January 1, 2008, unless otherwise
stated herein.

     NOW, THEREFORE, in consideration of the following mutual covenants and promises, the parties
agree as follows:

ARTICLE I

     Section 1.1. Exceptions to the Company’s Right to be Exclusive Provider. Sections
B.1, B.2, B.3, B.4 and B.5 of Exhibit F of the Administrative Services Agreement are
hereby

 

amended and restated in their entirety to read:

     B. Exceptions to the Company’s Right to be Exclusive Provider

 

	 	1.	 	*** : Effective May 10, 2007, the Employer may offer alternate ***
coverage (but not *** coverage) through *** , *** and
*** to Clients in *** . Subject to Section E of this Exhibit F,
the Employer may offer *** coverage to Clients in *** .
	 
	 	2.	 	***  and *** :

	 	a.	 	The Employer shall offer to each Client the following coverage options
for Employees at *** worksites: (i) existing *** coverage options (medical and/or
dental) or (ii) coverage options offered by the Company (medical and/or dental).
	 
	 	b.	 	The Employer shall offer to each Client the following coverage options
for Employees at *** worksites: (i) existing *** coverage options and (ii)
Competitive coverage options offered by the Company (medical and/or dental).

	 	3.	 	***  and *** : Effective January 1, 2008, *** and
*** shall no longer be an exception to Company’s right to be the Employer’s
exclusive provider.
	 
	 	4.	 	Developing Markets:

	 	a.	 	Effective ***, the exclusivity exception for “New Markets” reflected in
the 2005 Agreement is eliminated (except for those New Markets designated as such
prior to ***).
	 
	 	b.	 	Effective ***, if no group health insurance or similar product offered by
the Company in a Developing Market is competitive in that market, as determined in
section B.4.c of this Exhibit F, the Employer may offer, subject to section
B.4.c and Section C of this Exhibit F, the health insurance or similar
products of a Competing Vendor in such Developing Market.
	 
	 	c.	 	If the Employer in good faith reasonably believes the Company’s product
offerings are not competitive in a Developing Market, then the Employer shall inform
the Company of such belief as soon as practicable and the parties shall discuss the
Employer’s concerns. If the Company, after such discussions, in good faith
reasonably believes its product offerings in such Developing Market are competitive,
the Company will not be required to waive the Employer’s exclusivity requirement
under this Exhibit F; provided, however, that the Company will in no event
unreasonably withhold any such waiver.

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	 	5.	 	Removal or Addition of the Company’s *** and Other Products

	 	a.	 	If, at any time the *** offered by the
Employer through the Company ceases to be Competitive, the Employer
may in its sole discretion cease offering such product. In any such
case, the Employer shall notify the Company of its opinion concerning
the Competitive status of such product at least *** before it ceases
offering the product and shall have the burden of undertaking the
steps required to confirm the same in accordance with section B(4)
and B.7(b) of this Exhibit F. If the Company’s *** becomes
Competitive within *** after its receipt of the Employer’s notice,
the Employer may not replace it unless and until it is again not
Competitive, in which case a new notice shall be required and a new
*** corrective period will begin.
	 
	 	b.	 	If, at the time the Company begins to offer
an *** which is Competitive in a certain market, the Employer is
offering an *** through a Competing Vendor consistent with the
provisions of this Exhibit F in that market, the Employer
shall offer each Client in such market coverage options for Employees
in such market not later than the renewal date of such Client’s
service agreement consisting of either (i) subject to Section C of
this Exhibit F, the *** and *** options or (ii) such Competing
Vendor’s *** and, at the Competing Vendor’s option, its ***.
	 
	 	c.	 	Notwithstanding section B of this
Exhibit F, the Employer and the Company shall discuss in
detail the circumstances under which the Company could make available
and the Employer could accept new Company offerings in *** beginning
on a date mutually agreed upon by the parties. In no event shall the
Employer be required to include a new Company product in *** that
would reasonably be expected to materially increase Employer’s health
plan costs in that market or adversely impact its arrangements with
insurers in that market.

     Section 1.2. Conversion to Alternative Products. Section C of Exhibit
F of the Administrative Services Agreement is hereby amended and restated in its
entirety to read, effective January 1, 2008:

     No Company *** product shall be offered to any new Employee and no existing
Employee shall have coverage under a Company *** . For purposes of this Section C,
“Company *** ” shall not include *** products in *** , except as
otherwise agreed pursuant to Section E.

3

 

     Section 1.3. Definitions. Section D.d of Exhibit F of the
Administrative Services Agreement is hereby deleted, effective *** .

     Section 1.4. Definitions. Section D.h of Exhibit F of the Administrative
Services Agreement is hereby added to Exhibit F and reads, effective *** :

h. “Developing Market” means a geographic area in which, the parties in good faith agree
that, the Employer has substantially expanded its marketing and services to its clients
beyond the level it offered as of *** .

     Section 1.5. *** . Section E of Exhibit F of the Administrative
Services Agreement is hereby added to Exhibit F and reads, effective January
1 , 2008:

     E. ***  Employees.

     Notwithstanding Section B.1 of this Exhibit F, the Employer and the Company shall
determine in detail the circumstances under which the Employees covered under ***
products shall be offered the Company’s *** and *** products as of the date or
dates to be mutually agreed upon in writing by the Employer and the Company.

ARTICLE II

COOPERATION

     Section 2.1 Cooperation. The Parties agree to execute such further documents and to
take such further actions as may be necessary to implement and carry out the terms and conditions
of this Amendment.

     Section 2.2 Publicity. The parties acknowledge and agree that the terms and
conditions of this Amendment, and the Letter of Agreement dated April 21, 2007, including the
existence thereof, are subject to the provisions of section 5(e) of the Agreement.

ARTICLE III

EFFECTIVE DATE OF AMENDMENT

     Section 3.1 Effective Date. This Amendment shall be effective as of January 1,
2008, unless otherwise stated herein.

[The balance of this page intentionally is left blank The signature page follows.]

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IN
WITNESS WHEREOF, the parties have caused this Amendment to the Administrative Services Agreement to be executed as of the date set forth in the preamble.

	 	 	 
	ADMINISTAFF OF TEXAS, INC.	 	UNITED HEALTHCARE INSURANCE COMPANY
	 
	By:
/s/ Richard G. Rawson 

Authorized Signature

	 	By: /s/ Kenneth A. Burdick 

Authorized Signature
	 
	 	 
	Name: Richard G. Rawson

Title: President

	 	Name: Kenneth A. Burdick

Title: Vice President
	 
	 	 
	Date: July 2, 2007

	 	Date: July 2, 2007

6exv10w1

 

Exhibit 10.1

NEWFIELD EXPLORATION COMPANY

AMENDMENT NO. 2

TO NEWFIELD EMPLOYEE 1993

INCENTIVE COMPENSATION PLAN

Adopted July 26, 2007

     WHEREAS, Newfield Exploration Company (the “Company”) has heretofore adopted the Newfield
Employee 1993 Incentive Compensation Plan, as amended effective as of February 14, 2002 (the “1993
Plan”); and

     WHEREAS, the Company desires to further amend the 1993 Plan and the deferred awards granted
thereunder to bring them into compliance with Section 409A of the Internal Revenue Code of 1986;

     NOW, THEREFORE, the 1993 Plan and the deferred awards granted thereunder are hereby amended,
effective as of January 1, 2005, as follows:

     1. These changes shall be effective January 1, 2005 but only with respect to a Deferred
Incentive Compensation Award outstanding at such time and shall supersede any contrary provision in
the 1993 Plan or such Awards.

     2. All amounts (including interest to the date of payment of such amounts) remaining, if any,
in each Deferred Incentive Compensation Award Account at the time of a Change of Control shall (i)
automatically vest, (ii) not be subject to forfeiture and (iii) be paid to the employee to which
each such Deferred Incentive Compensation Award Account relates at the time of such Change of
Control. Paragraph (d) of Article IX is deleted in its entirety.

     3. The term “Change of Control” shall mean the occurrence of any of the following:

     (1) the Company is not the surviving Person (as such term is defined below in this definition)
in any merger, consolidation or other reorganization (or survives only as a subsidiary of another
Person);

     (2) the consummation of a merger or consolidation of the Company with another Person pursuant
to which less than 50% of the outstanding voting securities of the surviving or resulting
corporation are issued in respect of the capital stock of the Company;

     (3) the Company sells, leases or exchanges all or substantially all of its assets to any other
Person;

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

 

 

     (5) any Person, including a “group” as contemplated by Section13(d)(3) of the Securities
Exchange Act of 1934, acquires or gains ownership or control (including the power to vote) of more
than 50% of the outstanding shares of the Company’s voting stock (based upon voting power); or

     (6) 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.

Notwithstanding the foregoing, the definition of “Change of Control” shall not include (A) any
merger, consolidation, reorganization, sale, lease, exchange, or similar transaction involving
solely the Company and one or more Persons that were wholly owned, directly or indirectly, by the
Company immediately prior to such event or (B) any event that is not a “change in control” for
purposes of Section 409A. For purposes of this definition, “Person” shall mean any individual,
partnership, corporation, limited liability company, trust, incorporated or unincorporated
organization or association or other legal entity of any kind.

     4. The term “Permanent Disability” of an employee shall mean that such employee has become
“disabled” within the meaning of Section 409A(a)(2)(C) of the Code.

     5. If payment of the Deferred Incentive Compensation Award Account is made because an employee
dies or experiences a Permanent Disability, the Company shall pay to the estate of such employee or
to such employee, as the case may be, the full amount (including interest to the date of payment of
such amount) remaining, if any, in all Deferred Incentive Compensation Award Accounts for such
employee at the time of such employee’s death or Permanent Disability. Such payment shall be made
on the 90th day after the date of such employee’s death or termination of employment as
a result of Permanent Disability or, if such date is not a business day, on the first business day
that is at least 90 days following the employee’s death or termination of employment as a result of
Permanent Disability.

     6. If payment of the Deferred Incentive Compensation Award Account is made because a former
employee dies while still eligible to receive payment for Deferred Incentive Compensation Awards,
the Company shall pay to the estate of such former employee the full amount (including interest to
the date of payment of such amount) remaining, if any, in all Deferred Incentive Compensation Award
Accounts for such employee at the time of such employee’s death. Such payment shall be made on the
90th day after the Company is notified of such employee’s death.

     7. The Company intends that the 1993 Plan by its terms and in operation meet the requirements
of Section 409A so that compensation deferred under this Plan (and applicable investment earnings)
shall not be included in income under Section 409A. Any ambiguities in the 1993 Plan shall be
construed to effect this intent. If any provision of the 1993 Plan is found to be in violation of
Section 409A, then such provision shall be deemed to be modified or restricted to the extent and in
the manner

2

 

necessary to render such provision in conformity with Section 409A, or shall be deemed excised
from this Plan, and the 1993 Plan shall be construed and enforced to the maximum extent permitted
by Section 409A as if such provision had been originally incorporated in the 1993 Plan as so
modified or restricted, or as if such provision had not been originally incorporated in the 1993
Plan, as the case may be.

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