Document:

Letter Agreement between James T. Hackett and Anadarko Petroleum Corporation

 Exhibit 10.1 
 February 16, 2012 
 Mr. James T. Hackett 

3372 Del Monte 
 Houston, Texas 77019 

 

	Re:	Employment Agreement dated effective as of November 11, 2009, by and between Anadarko Petroleum Corporation, a Delaware corporation (the
“Company”), and James T. Hackett (the “Employment Agreement”) 

 Dear Jim: 

The purpose of this letter is to confirm our agreements concerning (1) the transition of your employment from Chairman and Chief
Executive Officer of the Company to Executive Chairman of the Company on May 15, 2012 (the “Transition Date”) and (2) your retirement from employment with the Company on June 4, 2013 (the “Retirement Date”).
Capitalized terms used in this letter agreement that are not defined herein shall have the meanings assigned to such terms under the Employment Agreement. 
 As of the Transition Date, you will no longer serve as the Chief Executive Officer of the Company and will continue as the Executive Chairman and an employee of the Company. From and after the date you
execute this letter agreement, the Company will no longer provide you with additional equity awards or equity-based awards. 

In connection with your desire to retire from employment with the Company on the Retirement Date, the Company will not nominate you for
re-election to the Board of Directors at the Company’s 2013 annual meeting of stockholders and you will no longer serve as Executive Chairman as of the closure and adjournment of such meeting, but you will continue as a Senior Vice President
and an employee of the Company from the date of such meeting (the “2013 Meeting Date”) until the Retirement Date. Unless your employment with the Company is terminated sooner pursuant to the provisions of Article 2 of the Employment
Agreement, on the Retirement Date, you will be retired from employment with the Company and, in accordance with paragraph 2.5 of the Employment Agreement, you will be retired from all boards of directors of subsidiaries and affiliates of the Company
of which you may then be a member. This letter agreement constitutes notice of termination under paragraph 2.4 of the Employment Agreement with respect to your retirement on the Retirement Date, and no additional notice of your retirement as of the
Retirement Date will be required under the Employment Agreement. Your retirement as of the Retirement Date will be treated for all purposes as a termination of your employment by you that does not constitute a Good Reason Termination (a
“Voluntary Termination”). 

 By signing this letter agreement, you confirm and agree that the changes in your employment
relationship and compensation arrangements and the other matters described above (including, without limitation, the diminution in your position, duties and authority as a result of your (1) ceasing to serve as Chief Executive Officer of the
Company as of the Transition Date and the assignment to you of duties consistent with your new position and (2) ceasing to serve as the Company’s Executive Chairman as of the closure and adjournment of the Company’s 2013 annual
meeting of stockholders), individually and in the aggregate, shall be deemed not to give rise to a Change in Employment Terms under the Employment Agreement and shall not trigger any rights under the Employment Agreement. 

Upon your retirement from employment with the Company on the Retirement Date, in addition to the vested benefits or continuation of
benefits to which you are entitled in connection with a Voluntary Termination under the Employment Agreement or any plan or arrangement of the Company, the Company shall provide you with the following benefits: 

 

	 	(1)	all stock options awarded to you by the Company and outstanding as of the Retirement Date that are not exercisable and vested as of such date shall become fully
exercisable and vested on such date, and following the Retirement Date each such stock option shall remain exercisable under the terms that apply to a “retirement” as provided under the applicable plan and award agreement governing such
stock option; 

  

	 	(2)	all restricted stock units awarded to you by the Company and outstanding as of the Retirement Date that are not vested as of such date shall become fully vested on such
date and will be paid as soon as administratively practicable (but in no event more than 30 days) after such date; 

  

	 	(3)	all performance units awarded to you by the Company and outstanding as of the Retirement Date that are not vested as of such date shall vest and become payable (without
proration and as if you had remained employed by the Company through the end of the applicable performance period) at the same time as payments are made to other executives who remain employed by the Company and who received similar awards under the
applicable programs, based on actual achievement of performance targets as determined by the Compensation Committee (and subject to the same acceleration of payment and valuation as provided in the applicable award agreement in the event a change of
control occurs after the Retirement Date); and 

  

	 	(4)	 a prorated annual bonus for calendar year 2013, which bonus shall be paid at the same time as annual bonuses under the Bonus Plan are paid to other
executives who remain employed by the Company and shall be equal to the product of (i) the Incentive Target Percentage pursuant to paragraph 3.2 of the Employment Agreement in effect for calendar year 2013 multiplied by (ii) your annual
base salary pursuant to paragraph 3.1 of the Employment Agreement in effect immediately prior to the Retirement Date multiplied by (iii) a fraction, the numerator of which is 155 (which is equal to the number of days in the period

  
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beginning on January 1, 2013 and ending on the Retirement Date), and the denominator of which is 365, multiplied by (iv) the actual bonus performance percentage under the Bonus Plan for
calendar year 2013 as determined and certified by the Compensation Committee following calendar year 2013, and subject to adjustment in the discretion of the Compensation Committee as permitted under the terms of such plan. 

The provisions of the preceding paragraph shall not apply in the event of any termination of your employment with the Company prior to
the Retirement Date. Any termination of your employment with the Company prior to the Retirement Date shall be subject to all of the terms and conditions of the Employment Agreement. 

For purposes of Section 409A of the Internal Revenue Code and related treasury regulations and guidance (“Section 409A”),
it is acknowledged that the parties intend that the level of services that you will perform as Executive Chairman will satisfy the presumption that you have not incurred a “separation from service” with the Company as of the Transition
Date within the meaning of Treasury regulation section 1.409A-1(h)(1)(ii). It is agreed that you will continue to be eligible for and accrue benefits as a continuing full-time employee until the Retirement Date including, without limitation, the
benefits described in paragraphs 3.4 and 3.5 of the Employment Agreement, but excluding active participation in the Company’s Deferred Compensation Plan after the date, if any, upon which you incur a “separation from service” (as
defined in Section 409A) prior to the Retirement Date. With respect to payment and/or settlement of (i) the restricted stock units that vest as a result of the terms of this letter agreement, (ii) the prorated annual bonus for
calendar year 2013, and (iii) the payment of the performance units based on actual performance results that remain subject to the substantial risk of forfeiture associated with the application of the relevant performance targets, the parties
intend that such payments will comply with the short term deferral exception of Treasury regulation 1.409A-1(b)(4) and are not “deferred compensation” within the meaning of Section 409A. 

By signing below, you agree that this letter agreement accurately reflects our mutual agreements with respect to the foregoing matters.
In the event of any conflict between the provisions of this letter agreement and the Employment Agreement, the provisions of this letter agreement shall control. Notwithstanding anything in this letter agreement to the contrary, if Mr. R. A.
Walker is unable to or otherwise does not assume the position of Chief Executive Officer of the Company effective as of the Transition Date, then this letter agreement shall be void ab initio. 

{reminder of page intentionally left blank} 

  
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	Sincerely,
	
	ANADARKO PETROLEUM CORPORATION
		
	By:	 	/s/ Robert K. Reeves
		 	  

	Name:	 	Robert K. Reeves
	Title:	 	Senior Vice President, General Counsel and
		 	Chief Administrative Officer

 ACCEPTED AND AGREED: 
 /s/ James T.
Hackett                                     

James T. Hackett 
 Date: February 16, 2012

  
 4Severance Agreement between R. A. Walker and Anadarko Petroleum Corporation

 Exhibit 10.2 
 SEVERANCE AGREEMENT 
 This Severance Agreement (this
“Agreement”) is made and entered into by and between Anadarko Petroleum Corporation (the “Company”) and R. A. Walker (the “Executive”), effective as of May, 15, 2012 (the “Effective
Date”). The Company and the Executive may be collectively referred to herein as the “Parties.” 
 W
I T N E S S E T H: 
 WHEREAS, the Executive is currently employed by the Company and, as of the Effective Date, will serve
as the President and Chief Executive Officer of the Company; 
 WHEREAS, the Company and the Executive have heretofore entered
into that certain Key Employee Change of Control Contract dated as of September 6, 2005, as amended by that certain First Amendment to Key Employee Change of Control Contract dated December 31, 2008 (as amended, the “Change of
Control Contract”); 
 WHEREAS, the Executive is currently a “Covered Employee” under the Anadarko Petroleum
Corporation Officer Severance Plan (as the same may be amended from time to time, the “Officer Severance Plan”); and 
 WHEREAS, the Company and the Executive desire to enter into this Agreement to replace and supersede the Change of Control Contract in its entirety and to terminate the Executive’s participation in
the Officer Severance Plan, each effective as of the Effective Date. 
 NOW, THEREFORE, for and in consideration of the mutual
promises, covenants and obligations contained herein, the Company and the Executive agree as follows, effective as of the Effective Date: 
 1. Certain Definitions. In addition to the terms defined in the body of this Agreement, for purposes of this Agreement, the following words and terms shall have the meanings indicated below:

 (a) The term “affiliated companies” shall mean any company controlled by, controlling or under common control
with the Company. 
 (b) “Board” shall mean the Board of Directors of the Company. 

(c) “Change of Control” shall mean: 
 (A) The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) (a
“Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of either (i) the then outstanding shares of common stock of the Company (the “Outstanding Company
Common Stock”) or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided,
however, that for purposes of this subsection (A), the following acquisitions shall not 

 
constitute a Change of Control: (i) any acquisition directly from the Company, (ii) any acquisition by the Company, (iii) any acquisition by any employee benefit plan (or related
trust) sponsored or maintained by the Company or any corporation controlled by the Company or (iv) any acquisition pursuant to a transaction which complies with clauses (i), (ii) and (iii) of Section 1(c)(C); or

 (B) Individuals who, as of the Effective Date, constitute the Board (the “Incumbent Board”) cease for any
reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Effective Date whose election, or nomination for election by the Company’s shareholders, was approved by a vote
of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office
occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 

(C) Consummation by the Company of a reorganization, merger or consolidation or sale or other disposition of all or substantially all of
the assets of the Company or the acquisition of assets of another entity (a “Business Combination”), in each case, unless, following such Business Combination, (i) all or substantially all of the individuals and entities who
were the beneficial owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 60% of, respectively, the
then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination
(including, without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions
as their ownership, immediately prior to such Business Combination of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be, (ii) no Person (excluding any employee benefit plan (or related trust) of
the Company or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 20% or more of, respectively, the then outstanding shares of common stock of the corporation resulting from such Business
Combination or the combined voting power of the then outstanding voting securities of such corporation except to the extent that such ownership existed prior to the Business Combination, and (iii) at least a majority of the members of the board
of directors of the corporation resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board, providing for such Business Combination; or

 (D) Approval by the shareholders of the Company of a complete liquidation or dissolution of the Company. 

(d) “Change of Control Date” shall mean the first date during the term of this Agreement (as provided in
Section 2(a)) on which a Change of Control occurs. Anything in this Agreement to the contrary notwithstanding, if a Change of Control occurs and if the 

  
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Executive’s employment with the Company is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of
employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this
Agreement the “Change of Control Date” shall mean the date immediately prior to the date of such termination of employment. 
 (e) “Change of Control Period” shall mean the three-year period commencing on the Change of Control Date. 
 (f) “Code” shall mean the Internal Revenue Code of 1986, as amended. 
 (g) “Compensation Committee” shall mean the Compensation and Benefits Committee of the Board (or any successor committee of the Board succeeding to the functions of the Compensation and
Benefits Committee). 
 (h) “Disability” shall mean the Executive’s disability under circumstances
entitling him to benefits under the Company’s short-term or long-term disability plans; provided, however, that, during a Change of Control Period, “Disability” shall mean the absence of the Executive from the Executive’s
duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and
acceptable to the Executive or the Executive’s legal representative. 
 (i) “Proration Fraction” shall
mean a fraction, the numerator of which is the number of days in the fiscal year during which the Date of Termination (as defined in Section 4(f)) occurs through the Date of Termination, and the denominator of which is 365. 

2. Term. 

(a) Initial Term and Renewals. The initial term of this Agreement shall begin on the Effective Date and shall end on the second
anniversary of the Effective Date; provided, however, that commencing on the date one year after the Effective Date, and on each annual anniversary of such date (such date and each annual anniversary thereof shall be hereinafter referred to as the
“Renewal Date”), unless previously terminated, this Agreement shall be automatically extended so as to terminate two years from such Renewal Date, unless at least 90 days prior to the Renewal Date the Company shall give notice to
the Executive that the term of this Agreement shall not be so extended. Notwithstanding the provisions of the preceding sentence, if a Change of Control occurs while this Agreement is in effect, then this Agreement shall not be subject to
non-renewal by the Company pursuant to the preceding sentence but, rather, (i) this Agreement shall remain in effect until the end of the Change of Control Period, (ii) the last day of the Change of Control Period shall be considered the
first Renewal Date after such Change of Control (and each annual anniversary thereof shall be considered another Renewal Date), and (iii) this Agreement shall be automatically extended on the last day of the Change of Control Period, and on
each anniversary of such date, so as to terminate two years from such Renewal Date unless at least 90 days prior to the Renewal Date the Company shall give notice to the Executive that the term of this Agreement shall not be so extended. If during
the Change of 

  
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Control Period the contingency factors occur which would entitle the Executive to the benefits as provided herein, then this Agreement shall remain in effect in accordance with its terms. The
provisions of Sections 4 through 16, and those provisions necessary to interpret and enforce them, shall survive any termination of the employment relationship between the Company and the Executive that occurs while this Agreement is
in effect (and any subsequent termination of this Agreement). 
 (b) Condition to this Agreement Becoming Effective.
Notwithstanding anything in this Agreement to the contrary, if the Executive is unable to or otherwise does not assume the position of Chief Executive Officer of the Company effective as of the Effective Date, then this Agreement shall be void ab
initio. 
 3. Services. The Executive agrees that he will render services to the Company (as well as any subsidiary
thereof or successor thereto) during the period of his employment to the best of his ability and in a prudent and businesslike manner and that he will devote substantially the same time, efforts and dedication to his duties as heretofore devoted.
Notwithstanding the foregoing, during a Change of Control Period, and excluding any periods of vacation and sick leave (collectively referred to herein as paid time off or “PTO”) to which the Executive is entitled, the Executive agrees to
devote reasonable attention and time during normal business hours to the business and affairs of the Company and, to the extent necessary to discharge the responsibilities assigned to the Executive, to use the Executive’s reasonable best
efforts to perform faithfully and efficiently such responsibilities. During a Change of Control Period it shall not be a violation of this Agreement for the Executive to (a) serve on corporate, civic or charitable boards or committees,
(b) deliver lectures, fulfill speaking engagements or teach at educational institutions, and (c) manage personal investments, so long as such activities do not significantly interfere with the performance of the Executive’s
responsibilities as an employee of the Company. It is expressly understood and agreed that to the extent that any such activities have been conducted by the Executive prior to a Change of Control Date, the continued conduct of such activities (or
the conduct of activities similar in nature and scope thereto) during the related Change of Control Period shall not thereafter be deemed to interfere with the performance of the Executive’s responsibilities to the Company. 

4. Termination of Employment. 
 (a) Death or Disability. The Executive’s employment shall terminate automatically upon the Executive’s death during the term of this Agreement. If the Company determines in good faith
that the Disability of the Executive has occurred during the term of this Agreement, it may give to the Executive written notice in accordance with Section 16(d) of its intention to terminate the Executive’s employment. In such
event, the Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt,
the Executive shall not have returned to full-time performance of the Executive’s duties. 
 (b) Retirement. The
Executive’s employment shall terminate automatically upon the Executive’s Retirement during the term of this Agreement. For purposes of this Agreement, “Retirement” shall mean termination of the Executive’s employment
by the Company for any reason or for no reason on or after the first day of the month next following the 

  
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Executive’s 65th birthday (the “Normal Retirement Date”) or termination by the Executive of the Executive’s employment with the Company upon the satisfaction of the
requirements for early retirement (the “Early Retirement Date”) under the provisions of any tax-qualified defined benefit plan of the Company or any affiliated company in which the Executive participates (the “Retirement
Plan”). Notwithstanding anything to the contrary, if the Executive terminates employment for Good Reason (as defined in Section 4(d)) during a Change of Control Period, such termination shall not be deemed to be a Retirement for
purposes of this Agreement only despite the fact that the Executive may qualify for early retirement under the Retirement Plan. 

(c) Termination by the Company. The Company may terminate the Executive’s employment during the term of this Agreement at any
time for any reason or for no reason, including for Cause or without Cause. For purposes of this Agreement, “Cause” shall mean: 
 (i) with respect to a termination of employment that does not occur during a Change of Control Period, the Executive’s (A) conviction of, or pleading no contest to or receiving adjudicated
probation or deferred adjudication in connection with, a misdemeanor involving moral turpitude or of any felony, (B) willful failure to perform his duties or responsibilities, (C) engagement in conduct which is injurious (monetarily or
otherwise) to the Company or any of its affiliated companies (including, without limitation, misuse of the Company’s or an affiliated company’s funds or other property), (D) engagement in business activities which are in conflict with
the business interests of the Company, (E) insubordination, (F) engagement in conduct which is in violation of the Company’s safety rules or standards or which otherwise causes or may cause injury to another employee or any other
person, (G) engagement in conduct which is in violation of any policy or work rule of the Company or (H) engagement in conduct which is in violation of the Company’s Code of Business Conduct and Ethics or which is otherwise
inappropriate in the office or work environment; and 
 (ii) with respect to a termination of employment that occurs during a
Change of Control Period: 
 (A) the willful and continued failure of the Executive to perform substantially the
Executive’s duties with the Company or one of its affiliated companies (other than any such failure resulting from incapacity due to physical or mental illness), after a written demand for substantial performance is delivered to the Executive
by the Board which specifically identifies the manner in which the Board believes that the Executive has not substantially performed the Executive’s duties, or 

(B) the willful engaging by the Executive in illegal conduct or gross misconduct which is materially and demonstrably
injurious to the Company or any of its affiliated companies. 
 For purposes of Section 4(c)(ii): (1) no act or failure to act,
on the part of the Executive, shall be considered “willful” unless it is done, or omitted to be done, by the Executive in bad faith or without reasonable belief that the Executive’s action or omission was in the best interests of the
Company; (2) any act, or failure to act, based upon authority given pursuant to a resolution duly 

  
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adopted by the Board or based upon the advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests
of the Company; and (3) the cessation of employment of the Executive shall not be deemed to be for Cause unless and until there shall have been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of not less
than three-quarters of the entire membership of the Board at a meeting of the Board called and held for such purpose (after reasonable notice is provided to the Executive and the Executive is given an opportunity, together with counsel, to be heard
before the Board), finding that, in the good faith opinion of the Board, the Executive is guilty of the conduct described in subparagraph (A) or (B) of Section 4(c)(ii), and specifying the particulars thereof in detail.

 (d) Termination by the Executive. The Executive’s employment with the Company may be terminated by the Executive
at any time for any reason or for no reason; provided, however, that the Executive may terminate his employment with the Company for Good Reason only during a Change of Control Period. For purposes of this Agreement, “Good Reason”
shall mean: 
 (i) the assignment to the Executive during the Change of Control Period of any duties inconsistent in any
material respect with the most significant of the Executive’s position (including status, offices, titles and reporting requirements), authority, duties or responsibilities held, exercised and assigned to the Executive at any time during the
120-day period immediately preceding the Change of Control Date, or any other action by the Company which results in a diminution in such position, authority, duties or responsibilities, excluding for this purpose an isolated, insubstantial and
inadvertent action not taken in bad faith and which is remedied by the Company promptly after receipt of notice thereof given by the Executive; 
 (ii) any failure by the Company to: 
 (A) provide the Executive
during the Change of Control Period with an annual base salary, which shall be paid at a monthly rate, at least equal to 12 times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the
Executive by the Company and its affiliated companies in respect of the 12-month period immediately preceding the month in which the Change of Control Date occurs (which annual base salary may be increased, but not decreased (nor may it be decreased
after any increase thereto), and which annual base salary (as may be so increased) shall be referred to herein as the “Annual Base Salary”); 
 (B) award to the Executive, for each fiscal year ending during the Change of Control Period, an annual bonus (the “Annual Bonus”) in cash at least equal to the Executive’s target
annual bonus under the Company’s Annual Incentive Bonus Program, or any comparable bonus under any predecessor or successor plan, for the fiscal year in which the Change of Control Date occurs, which shall be calculated as follows: (1) the
target bonus percentage as established by the Board (or the Compensation Committee) prior to the Change of Control Date for the fiscal year in which the Change of Control Date occurs, multiplied by (2) the Annual Base Salary in effect at the
beginning of the applicable fiscal year (the “Recent Annual Bonus”). In the event that, 

  
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prior to the Change of Control Date, the Executive’s target bonus percentage described in clause (1) of the preceding sentence has not been established by the Board (or the Compensation
Committee) under the Company’s Annual Incentive Bonus Program or any comparable predecessor or successor plan, then for purposes of this Agreement, the Executive’s Recent Annual Bonus shall be calculated by using the Executive’s
target bonus percentage that applied to the fiscal year immediately preceding the fiscal year in which the Change of Control Date occurs; 
 (C) pay to the Executive any Annual Bonus described in clause (B) of Section 4(d)(ii) on or before January 31 of the fiscal year next following the fiscal year for which the Annual
Bonus is awarded, unless the Executive shall elect to defer the receipt of such Annual Bonus in accordance with procedures established by the Company that comply with the requirements of Code Section 409A; 

(D) provide to the Executive during the Change of Control Period opportunities to participate in incentive, savings and
retirement plans, practices, policies and programs that are, in each case, not less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices,
policies and programs as in effect at any time during the 120-day period immediately preceding the Change of Control Date or if more favorable to the Executive, those provided generally at any time after the Change of Control Date to other
executives of the Company and its affiliated companies; 
 (E) provide to the Executive and/or the
Executive’s family, as the case may be, during the Change of Control Period opportunities to participate in welfare benefit plans, practices, policies and programs (including, without limitation, medical, prescription, dental, disability,
salary continuance, employee life, group life, accidental death and travel accident insurance plans and programs) that are not less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for
the Executive at any time during the 120-day period immediately preceding the Change of Control Date or, if more favorable to the Executive, those provided generally at any time after the Change of Control Date to other executives of the Company and
its affiliated companies; 
 (F) provide prompt reimbursement to the Executive during the Change of Control
Period for all reasonable expenses incurred by the Executive in accordance with the most favorable policies, practices and procedures of the Company and its affiliated companies in effect for the Executive at any time during the 120-day period
immediately preceding the Change of Control Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other executives of the Company and its affiliated companies; 

(G) provide the Executive during the Change of Control Period with fringe benefits in accordance with the most favorable
plans, practices, programs and policies of the Company and its affiliated companies in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Date or, if

  
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more favorable to the Executive, as in effect generally at any time thereafter with respect to other executives of the Company and its affiliated companies; 

(H) provide the Executive during the Change of Control Period with an office or offices of a size and with furnishings
and other appointments, and to exclusive personal secretarial and other assistance, at least equal to the most favorable of the foregoing provided to the Executive by the Company and its affiliated companies at any time during the 120-day period
immediately preceding the Change of Control Date or, if more favorable to the Executive, as provided generally at any time thereafter with respect to other executives of the Company and its affiliated companies; and 

(I) provide the Executive during the Change of Control Period with PTO in accordance with the most favorable plans,
policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Change of Control Date or, if more favorable to the Executive, as in effect
generally at any time thereafter with respect to other executives of the Company and its affiliated companies; 
 in each case
under clauses (A) through (I) of this Section 4(d)(ii) other than an isolated, insubstantial and inadvertent failure not occurring in bad faith and which is remedied by the Company promptly after receipt of notice thereof given
by the Executive; 
 (iii) the Company requiring the Executive to be based during the Change of Control Period at any office or
location that is 50 miles or more from the office or location where the Executive was based immediately preceding the Change of Control Date, or the Company requiring the Executive to travel on Company business to a substantially greater extent than
required immediately prior to the Change of Control Date; 
 (iv) any purported termination by the Company of the
Executive’s employment during the Change of Control Period otherwise than as expressly permitted by this Agreement; or 

(v) any failure by the Company to comply with and satisfy the requirements of Section 15(b). 

For purposes of this Section 4(d), any good faith determination of “Good Reason” made by the Executive shall be conclusive.

 (e) Notice of Termination. If the Company or the Executive desires to terminate the Executive’s employment with
the Company at any time during the term of this Agreement, it or he shall do so by providing a Notice of Termination to the other Party in accordance with Section 16(d). For purposes of this Agreement, a “Notice of
Termination” means a written notice which (i) indicates the specific termination provision in this Agreement relied upon, (ii) to the extent applicable, sets forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of the Executive’s employment under the provision so indicated, and (iii) if the Date of Termination (as defined below) is other than the date of receipt of such notice, specifies the termination date (which
date shall be not more than 30 days after the giving of such notice). The failure by the Executive or the Company to set 

  
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forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good Reason or Cause shall not waive any right of the Executive or the Company, respectively,
hereunder or preclude the Executive or the Company, respectively, from asserting such fact or circumstance in enforcing the Executive’s or the Company’s rights hereunder. 

(f) Date of Termination. “Date of Termination” means (i) if the Executive’s employment is terminated by
the Company for Cause, or by the Executive for any reason or for no reason, the date of receipt of the Notice of Termination or (subject to Section 4(e)) any later date specified therein, as the case may be, (ii) if the
Executive’s employment is terminated by the Company other than for Cause or Disability, the date on which the Company notifies the Executive of such termination, (iii) if the Executive’s employment is terminated by reason of
Retirement, either the date on which the Company notifies the Executive of such termination (on or after the Normal Retirement Date) or the date on which the Executive ceases employment with the Company (on or after the Executive’s Early
Retirement Date), as the case may be, and (iv) if the Executive’s employment is terminated by reason of death or Disability, the date of death of the Executive or the Disability Effective Date, as the case may be. 

5. Obligations of the Company upon Termination during a Change of Control Period. 

(a) Good Reason; Other Than for Cause, Retirement, Death or Disability. If, during the Change of Control Period, the Company shall
terminate the Executive’s employment other than for Cause, Retirement, Death or Disability or the Executive shall terminate employment for Good Reason, then the Company shall provide the Executive with the following compensation and benefits:

 (i) Subject to the provisions of Sections 7 and 8, the Company shall pay to the Executive in a lump sum in cash
within 20 days after the Date of Termination (provided that such payment shall be made in the second taxable year if such 20-day period begins in one taxable year and ends in a subsequent taxable year) the aggregate of the amounts set forth in the
following subsections (A) through (F): 
  

	 	(A)	the sum of (1) the Executive’s Annual Base Salary through the Date of Termination to the extent not theretofore paid and (2) any accrued PTO pay to the
extent not theretofore paid (the sum of the amounts described in clauses (1) and (2) shall be hereinafter referred to as the “Accrued Obligations”); 

 

	 	(B)	 the “Prorated Change of Control Bonus,” which shall be in an amount equal to the product of (1) the Proration Fraction multiplied
by (2) the Annual Base Salary in effect at the beginning of the fiscal year during which the Date of Termination occurs multiplied by (3) the Executive’s incentive target bonus percentage under the Company’s Annual Incentive
Bonus Program or any comparable predecessor or successor plan (which shall be expressed as a percentage of Annual Base Salary) for the fiscal year in which the Date of Termination occurs (provided, however,

  
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that if such incentive target bonus percentage has not been established by the Board (or the Compensation Committee) for such fiscal year as of the Date of Termination, then such percentage shall
be deemed to be the Executive’s incentive target bonus percentage that applied to the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs) multiplied by (4) the higher of (x) the bonus performance
percentage assigned by the Board (or the Compensation Committee) for target performance under the Company’s Annual Incentive Bonus Program or any comparable predecessor or successor plan for the fiscal year in which the Date of Termination
occurs (provided, however, that if such bonus performance percentage has not been established by the Board (or the Compensation Committee) for such fiscal year as of the Date of Termination, then such percentage shall be deemed to be the bonus
performance percentage assigned by the Board (or the Compensation Committee) for target performance under such plan that applied to the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs) and (y) the bonus
performance percentage for the portion of the fiscal year ending on the Date of Termination as determined in good faith by and in the sole discretion of the Board (or the Compensation Committee) following the Date of Termination without negative
adjustment for individual performance; 

  

	 	(C)	an amount equal to the product of (1) the lesser of (x) 2.5 and (y) the number of years (with partial years expressed as a fraction thereof) remaining
until the Executive reaches the Normal Retirement Date and (2) the sum of (x) the Executive’s Annual Base Salary in effect immediately prior to the Date of Termination and (y) the greater of (I) the average of the annual
bonuses earned by the Executive for the two most recently completed fiscal years ending prior to the Date of Termination (in each case, including any bonus or portion thereof which has been earned but deferred) under the Company’s Annual
Incentive Bonus Program or any comparable predecessor or successor plan and (II) the Executive’s target annual bonus for the year in which the Date of Termination occurs (which target annual bonus shall be deemed to be equal to the product of
the amounts described in subparagraphs 2, 3 and (4)(x) of Section 5(a)(i)(B)); 

  

	 	(D)	 an amount equal to the total value of the Executive’s Account (as defined in the Company’s Savings Restoration Plan (the
“SRP”)), with such amount being the higher of (1) the value of the Executive’s Account on the Executive’s Date of Termination or (2) the value of the Executive’s Account on the Change of Control Date, in
each case with “value” determined under the applicable 

  
 - 10 -

	 	
change of control provisions in the SRP, if any. The amount payable under this Section 5(a)(i)(D) shall represent the payment of the amount due to the Executive under the SRP, and
shall not be duplicative thereof. Notwithstanding the preceding provisions of this Section 5(a)(i)(D), the Company shall pay the lump sum cash payment as set forth herein above only if such payment would not be considered to be an
impermissible acceleration of benefits under the SRP under Code Section 409A. In the event that the payment of the benefits payment in a lump sum would constitute an impermissible acceleration of benefits under the SRP under Code
Section 409A, then the portion of the benefit payable under this Section 5(a)(i)(D) that is equal to the benefits payable under the SRP shall be payable in the same form and at the time specified in the SRP, and any excess amount
determined under this paragraph shall, subject to the provisions of Sections 7 and 8, be paid in a cash lump sum within 20 days after the Date of Termination (provided that such payment shall be made in the second taxable year if such 20-day
period begins in one taxable year and ends in a subsequent taxable year); 

  

	 	(E)	an amount equal to the additional Company matching contributions which would have been made on the Executive’s behalf in the Company’s Employee Savings Plan
(the “ESP”) (assuming continued participation on the same basis as immediately prior to the Change of Control Date), plus the additional amount of any benefit the Executive would have accrued under the SRP as a result of
contribution limitations in the ESP, for the period beginning on the Date of Termination and ending on the earliest to occur of (1) the expiration of the 36-month period following the Date of Termination and (2) the Executive’s Normal
Retirement Date (with the Company’s matching contributions being determined pursuant to the applicable provisions of the ESP and the SRP and based upon the Executive’s compensation (including any amounts deferred pursuant to any deferred
compensation program) in effect for the 12-month period immediately prior to the Change of Control Date); and 

  

	 	(F)	 an amount equal to the sum of the present values, as of the Date of Termination, of (1) the accrued retirement benefit payable under the
Company’s Retirement Restoration Plan (or, if the Executive participates in another plan that, in the sole determination of the Company, is intended to provide benefits similar to those under the Company’s Retirement Restoration Plan, such
other plan) (each referred to herein as the “RRP”) and (2) the additional retirement benefits that the Executive would have accrued under the Retirement Plan and the RRP if the Executive had continued employment until the
earliest to occur of (a) the expiration of the 

  
 - 11 -

	 	
three-year period following the Date of Termination and (b) the Executive’s Normal Retirement Date (assuming that the Executive’s compensation in each of the additional years is
that required by Section 4(d)(ii)(A) and Section 4(d)(ii)(B)), with the present values being computed by discounting to the Date of Termination the accrued benefit and the additional retirement benefits payable as lump sums
at an assumed benefit commencement date of the later of (i) the date the Executive attains age 55 and (ii) the date three years after the Date of Termination (but in no event later than Normal Retirement Date), at the rate of interest used
for valuing lump-sum payments in excess of $25,000 for participants with retirement benefits commencing immediately under the Retirement Plan, as in effect as of the Change of Control Date with such amount to be fully offset and reduced by the
amount of any additional benefit provided under the Retirement Plan or the RRP in connection with the Change of Control or the Executive’s termination of employment in connection with the Change of Control, including an amount that the Company
determines, in its sole discretion, is intended to provide a similar or supplemental benefit (or, if the Executive does not participate in a Retirement Plan or RRP as of the date of the Executive’s termination of employment, such other amount
as the Company may chose, in its sole discretion, to approximate this benefit); 

 (ii) Subject to the provisions
of Sections 7 and 8, the Company shall, at its sole expense as incurred, provide the Executive with outplacement services at a cost to the Company not to exceed $30,000, the scope and provider of which shall be selected by the Executive in
the Executive’s sole discretion; provided, however, that such outplacement services as provided in this Section 5(a)(ii) shall be limited to qualifying expenses incurred, or services provided by the Company, during the period ending
on the last day of the second calendar year following the calendar year containing the Date of Termination, and any reimbursements by the Company shall be made not later than the last day of the third calendar year following the calendar year
containing the Date of Termination; 
 (iii) Subject to the provisions of Sections 7 and 8, until the earlier of
(A) the third anniversary of the Date of Termination and (B) the Executive’s reaching the Normal Retirement Date, the Company shall maintain in full force and effect for the Executive all life, accident, disability, medical and health
care benefit plans and programs or arrangements in which the Executive was entitled to participate, at the same levels and rates, in which the Executive was participating immediately prior to the Change of Control Date, provided that the
Executive’s continued participation is possible under the general terms and provisions of such plans and programs; and further provided that if the Executive becomes reemployed with another employer and is eligible to receive medical or other
welfare benefits under another employer-provided plan, the medical and other welfare benefits described herein shall be secondary to those provided under such other plan during such applicable period of eligibility. In the event that the
Executive’s participation in any such plan or program is barred due to the eligibility and 

  
 - 12 -

 
participation requirements of such plan or program as then in effect, the Company shall arrange to provide benefits substantially similar to those to which the Executive was entitled to receive
under such plans and programs of the Company prior to the Change of Control Date. In such event, appropriate adjustments shall be made so that the after-tax value thereof to the Executive is similar to the after-tax value of the benefit plans in
which participation is barred. 
 Benefits provided pursuant to this Section 5(a)(iii) are contractual only and are
not to be considered a continuation of coverage as provided under Code Section 4980B (i.e., COBRA continuation coverage). For purposes of determining the Executive’s eligibility (but not the time of commencement of coverage) for
retiree benefits pursuant to such plans and programs, the Executive shall be considered to have remained employed until three years after the Date of Termination and to have retired on the last day of such period, and, if the Executive satisfies the
eligibility requirements, such benefits shall commence no later than the expiration of the three year continuation period provided in clause (A) of this Section 5(a)(iii). 

The continued coverage under this Section 5(a)(iii) shall be provided at the Company’s discretion in a manner that is
intended to satisfy an exception to Code Section 409A, and therefore not be treated as an arrangement providing for nonqualified deferred compensation that is subject to taxation under Code Section 409A, including (1) providing such
benefits on a nontaxable basis to Executive, (2) providing for the reimbursement of medical expenses incurred during the period of time during which Executive would be entitled to continuation coverage under a group health plan of the Company
under Code Section 4980B (i.e., COBRA continuation coverage), (3) providing that such benefits constitute the reimbursement or provision of in-kind benefits payable at a specified time or pursuant to a fixed schedule as permitted
under Code Section 409A and the authoritative guidance thereunder, or (4) such other manner as determined by the Company in compliance with Code Section 409A; and 

(iv) To the extent not theretofore paid or provided, the Company shall timely pay or provide to the Executive any other amounts or
benefits required to be paid or provided or which the Executive is eligible to receive under any plan, program, policy or practice or contract or agreement of the Company and its affiliated companies (such other amounts and benefits shall be
hereinafter referred to as the “Other Benefits”). 
 (b) Death. If the Executive’s employment is
terminated by reason of the Executive’s death during a Change of Control Period, the Company shall have no further obligations to the Executive’s legal representatives under this Agreement, other than for payment of Accrued Obligations,
the Prorated Change of Control Bonus and the timely payment or provision of Other Benefits. Accrued Obligations and the Prorated Change of Control Bonus shall be paid to the Executive’s estate or beneficiary, as applicable, in a lump sum in
cash within 20 days after the Date of Termination (provided that such payment shall be made in the second taxable year if such 20-day period begins in one taxable year and ends in a subsequent taxable year). With respect to the provision of Other
Benefits, the term Other Benefits as utilized in this Section 5(b) shall include, without limitation, and the Executive’s estate and/or beneficiaries shall be entitled to receive, benefits equal to the most favorable benefits
provided by the Company and affiliated companies to the estates and beneficiaries of other senior executives of the Company and such affiliated companies under such plans, programs, practices and policies relating to death benefits, if any, as in
effect with respect to other senior executives and their 

  
 - 13 -

 
beneficiaries at any time during the 120-day period immediately preceding the Change of Control Date or, if more favorable to the Executive’s estate and/or the Executive’s
beneficiaries, as in effect on the date of the Executive’s death with respect to other senior executives of the Company and its affiliated companies and their beneficiaries. 

(c) Disability. Subject to the provisions of Sections 7 and 8, if the Executive’s employment is terminated by reason
of the Executive’s Disability during the Change of Control Period, the Company shall have no further obligations to the Executive under this Agreement, other than for payment of Accrued Obligations, the Prorated Change of Control Bonus and the
timely payment or provision of Other Benefits. Accrued Obligations and the Prorated Change of Control Bonus shall be paid to the Executive in a lump sum in cash within 20 days after the Date of Termination (provided that such payment shall be made
in the second taxable year if such 20-day period begins in one taxable year and ends in a subsequent taxable year). With respect to the provision of Other Benefits, the term Other Benefits as utilized in this Section 5(c) shall include,
and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and its affiliated companies to disabled executives
and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other senior executives and their families at any time during the 120-day period immediately
preceding the Change of Control Date or, if more favorable to the Executive and/or the Executive’s family, as in effect at any time thereafter generally with respect to other senior executives of the Company and its affiliated companies and
their families. 
 (d) Retirement. Subject to the provisions of Sections 7 and 8, if the Executive’s
employment is terminated by reason of Retirement during the Change of Control Period, the Company shall have no further obligations to the Executive under this Agreement, other than for payment of Accrued Obligations, the Prorated Change of Control
Bonus and the timely payment or provision of Other Benefits. In such case, all Accrued Obligations and the Prorated Change of Control Bonus shall be paid to the Executive in a lump sum in cash within 20 days after the Date of Termination (provided
that such payment shall be made in the second taxable year if such 20-day period begins in one taxable year and ends in a subsequent taxable year). 
 (e) Cause; Other than for Good Reason. If the Executive’s employment shall be terminated for Cause during the Change of Control Period, the Company shall have no further obligations to the
Executive under this Agreement, other than the obligation to pay to the Executive (i) the Annual Base Salary through the Date of Termination, (ii) the amount of any compensation previously deferred by the Executive, and (iii) Other
Benefits, in each case to the extent theretofore unpaid. Subject to the provisions of Sections 7 and 8, if the Executive voluntarily terminates employment during the Change of Control Period, excluding a termination for Good Reason, the
Company shall have no further obligations to the Executive under this Agreement, other than for payment of Accrued Obligations, the Prorated Change of Control Bonus and the timely payment or provision of Other Benefits. In such case, all Accrued
Obligations and the Prorated Change of Control Bonus shall be paid to the Executive in a lump sum in cash within 20 days after the Date of Termination (provided that such payment shall be 

  
 - 14 -

 
made in the second taxable year if such 20-day period begins in one taxable year and ends in a subsequent taxable year). 
 6. Obligations of the Company upon Termination that does not occur within a Change of Control Period. 
 (a) Termination by the Company other than for Cause, Retirement, Death or Disability. If, at any time other than during a Change of Control Period, the Company shall terminate the Executive’s
employment other than for Cause, Retirement, Death or Disability, then the Company shall provide the Executive with the following compensation and benefits: 
 (i) Subject to the provisions of Sections 7 and 8, the Company shall pay to the Executive the amounts set forth in the following subsections (A) through (C): 

 

	 	(A)	the Accrued Obligations, which shall be paid in a lump sum in cash within 20 days after the Date of Termination (provided that such payment shall be made in the second
taxable year if such 20-day period begins in one taxable year and ends in a subsequent taxable year); 

  

	 	(B)	the “Prorated Non-Change of Control Bonus,” which shall be in an amount equal to the product of (1) the Proration Fraction multiplied by
(2) the Executive’s annual base salary in effect at the beginning of the fiscal year during which the Date of Termination occurs multiplied by (3) the Executive’s incentive target bonus percentage under the Company’s Annual
Incentive Bonus Program or any comparable predecessor or successor plan (which shall be expressed as a percentage of the Executive’s annual base salary) for the fiscal year in which the Date of Termination occurs (provided, however, that if
such incentive target bonus percentage has not been established by the Board (or the Compensation Committee) for such fiscal year as of the Date of Termination, then such percentage shall be deemed to be the Executive’s incentive target bonus
percentage that applied to the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs) multiplied by (4) the actual bonus performance percentage under the Company’s Annual Incentive Bonus Program or any
comparable predecessor or successor plan for the fiscal year in which the Date of Termination occurs as determined and certified by the Board (or the Compensation Committee) following the fiscal year without adjustment for individual performance.
The Prorated Non-Change of Control Bonus shall be paid in a lump sum in cash within 10 days after the determination of such amount by the Board (or the Compensation Committee), but not later than March 15 of the calendar year following the
calendar year in which the Date of Termination occurs; and 

  
 - 15 -

	 	(C)	an amount equal to the product of (1) the lesser of (x) 2.0 and (y) the number of years (with partial years expressed as a fraction thereof) remaining
until the Executive reaches the Normal Retirement Date and (2) the sum of (x) the Executive’s annual base salary in effect immediately prior to the Date of Termination and (y) the Executive’s target annual bonus for the year
in which the Date of Termination occurs (which target annual bonus shall be deemed to be equal to the product of (I) the Executive’s annual base salary in effect at the beginning of the fiscal year during which the Date of Termination
occurs multiplied by (II) the Executive’s incentive target bonus percentage under the Company’s Annual Incentive Bonus Program or any comparable predecessor or successor plan (which shall be expressed as a percentage of the
Executive’s annual base salary) for the fiscal year in which the Date of Termination occurs (provided, however, that if such incentive target bonus percentage has not been established by the Board (or the Compensation Committee) for such fiscal
year as of the Date of Termination, then such percentage shall be deemed to be the Executive’s incentive target bonus percentage that applied to the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs)
multiplied by (III) the bonus performance percentage assigned by the Board (or the Compensation Committee) for target performance under the Company’s Annual Incentive Bonus Program or any comparable predecessor or successor plan for the fiscal
year in which the Date of Termination occurs (provided, however, that if such bonus performance percentage has not been established by the Board (or the Compensation Committee) for such fiscal year as of the Date of Termination, then such percentage
shall be deemed to be the bonus performance percentage assigned by the Board (or the Compensation Committee) for target performance under such plan that applied to the fiscal year immediately preceding the fiscal year in which the Date of
Termination occurs)). The amount described in this Section 6(a)(i)(C) shall be paid in a lump sum in cash within 20 days after the Date of Termination (provided that such payment shall be made in the second taxable year if such 20-day
period begins in one taxable year and ends in a subsequent taxable year); 

 (ii) Subject to the provisions of
Sections 7 and 8, until the earlier of (A) the date that is six months after the Date of Termination and (B) the Executive’s reaching the Normal Retirement Date, the Executive shall be permitted to participate in the
Company’s medical and dental care benefit plans and programs or arrangements at active employee levels and rates, provided that the Executive’s continued participation is possible under the general terms and provisions of such plans and
programs; and further provided that if the Executive becomes reemployed with another employer and is eligible to receive medical or dental benefits under another employer-provided plan, the medical and dental benefits described herein shall be

  
 - 16 -

 
secondary to those provided under such other plan during such applicable period of eligibility. In the event that the Executive’s participation in any such plan or program is barred due to
the eligibility and participation requirements of such plan or program as then in effect, the Company shall arrange to provide benefits substantially similar to those to which the Executive was entitled to receive under such plans and programs of
the Company. In such event, appropriate adjustments shall be made so that the after-tax value thereof to the Executive is similar to the after-tax value of the benefit plans in which participation is barred. 

After the expiration of the continuation of coverage period referred to in the preceding paragraph and until the earlier of (A) the
date that is two years after the Date of Termination, (B) the Executive’s reaching the Normal Retirement Date and (C) the occurrence of an event that results in the loss of COBRA continuation coverage under Code Section 4980B,
the Company shall reimburse the Executive on a monthly basis for the cost of COBRA continuation coverage elected by the Executive for existing group medical and dental plan coverage. 

The continued coverage under this Section 6(a)(ii) shall be provided at the Company’s discretion in a manner that is
intended to satisfy an exception to Code Section 409A, and therefore not be treated as an arrangement providing for nonqualified deferred compensation that is subject to taxation under Code Section 409A, including (1) providing such
benefits on a nontaxable basis to Executive, (2) providing for the reimbursement of medical expenses incurred during the period of time during which Executive would be entitled to COBRA continuation coverage, (3) providing that such
benefits constitute the reimbursement or provision of in-kind benefits payable at a specified time or pursuant to a fixed schedule as permitted under Code Section 409A and the authoritative guidance thereunder, or (4) such other manner as
determined by the Company in compliance with Code Section 409A; and 
 (iii) To the extent not theretofore paid or
provided, the Company shall timely pay or provide to the Executive the Other Benefits. 
 (b) Any Other Termination. If,
at any time other than during a Change of Control Period, the Executive’s employment with the Company shall terminate for any reason (other than as described in Section 6(a)) or for no reason, the Company shall have no further
obligations to the Executive under this Agreement, other than the obligation to pay to the Executive (i) the Executive’s annual base salary through the Date of Termination, (ii) the amount of any compensation previously deferred by
the Executive, and (iii) Other Benefits, in each case to the extent theretofore unpaid. 
 7.
Matters Relating to Code Section 409A. Notwithstanding any provision in this Agreement to the contrary, if the payment of any benefit hereunder (including, without limitation, any severance benefit) would be subject to additional taxes
and interest under Code Section 409A because the timing of such payment is not delayed as provided in Code Section 409A for a “specified employee,” then, if the Executive is a “specified employee” under Code
Section 409A, any such payment that the Executive would otherwise be entitled to receive during the first six months following the Date of Termination shall be accumulated and paid or provided, as applicable, on the 10th day (or the next succeeding day if the 10th day is a holiday or weekend) after the date that is six months
following the Date of Termination, or such earlier date upon which such amount can be paid or provided under Code Section 409A without being 

  
 - 17 -

 
subject to such additional taxes and interest. For all purposes of this Agreement, the Executive shall be considered to have terminated employment with the Company when the Executive incurs a
“separation from service” with the Company within the meaning of Code Section 409A(a)(2)(A)(i). The Executive agrees to be bound by the Company’s determination of its “specified employees” (as defined in Code
Section 409A). Any payment or benefit (including any severance payment or benefit) provided under this Agreement to which Code Section 409A applies that constitutes a reimbursement of expenses incurred by the Executive or the provision of
an in-kind benefit to the Executive shall be subject to the following: (a) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during the Executive’s taxable year may not affect the expenses eligible for
reimbursement, or in-kind benefits to be provided, in any other taxable year; (b) the reimbursement of an eligible expense shall be made on or before the last day of the Executive’s taxable year following the taxable year in which the
expense was incurred; and (c) the right to reimbursement or to receive an in-kind benefit shall not be subject to liquidation or exchange by the Executive for another payment or benefit. 

8. Release. As a condition to the receipt of any compensation or benefits described in Section 5 or
Section 6 (in each case, other than Accrued Obligations and Other Benefits and other than in the case of the Executive’s death), the Executive shall execute and deliver, and not revoke, a release agreement in the form attached
hereto as Exhibit A (with such changes thereto as the Company may determine to reflect the circumstances relating to the Executive’s termination of employment and any changes required by law). The release described in the preceding sentence
must be effective and irrevocable by the earlier of (a) the 60th day after the Date of Termination or (b) the first day any cash compensation payment is due to be paid to the Executive under the provisions of Section 5 or
Section 6 (which due date shall be determined after taking into consideration any payment delay required under Section 7). 
 9. Non-exclusivity of Rights. Subject to Section 16(i), nothing in this Agreement shall prevent or limit the Executive’s continuing or future participation in any plan, program,
policy or practice provided by the Company or any of its affiliated companies and for which the Executive may qualify, nor, subject to Section 16(i) and Section 16(j), shall anything herein limit or otherwise affect such
rights as the Executive may have under any contract or agreement with the Company or any of its affiliated companies. Amounts which are vested benefits or which the Executive is otherwise entitled to receive under any plan, policy, practice or
program of or any contract or agreement with the Company or any of its affiliated companies, including, but not limited to, the Company’s Management Life Insurance Plan, at or subsequent to the Date of Termination shall be payable in accordance
with such plan, policy, practice or program or contract or agreement except as explicitly modified by this Agreement. Without limiting the generality of the foregoing, there shall be no duplication of any of the payments or benefits described in
Section 5 or Section 6, and payments under the applicable provisions of Section 5(a)(i) shall be in full satisfaction of the amounts otherwise payable under the SRP, the RRP and the executive deferred compensation
plans, respectively. 
 10. Full Settlement; Legal Fees. The Company’s obligation to make the payments provided for
in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. In no event
shall the Executive be obligated to seek other employment or take any other action by way of mitigation 

  
 - 18 -

 
of the amounts payable to the Executive under any of the provisions of this Agreement and except as specifically provided in Section 5(a)(iii) and Section 6(a)(ii), such
amounts shall not be reduced whether or not the Executive obtains other employment. Except as provided in Section 14(f), the Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which the
Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, the Executive or others of the validity or enforceability of, or liability or entitlement under, any provision of this Agreement or any
guarantee of performance thereof (whether such contest is between the Company and the Executive or between either of them and any third party, and including as a result of any contest by the Executive about the amount of any payment pursuant to this
Agreement), plus in each case interest on any delayed payment at the applicable Federal rate provided for in Code Section 7872(f)(2)(A). 
 11. Parachute Payment Limitation. Anything in this Agreement to the contrary notwithstanding, if the Executive is a “disqualified individual” (as defined in Section 280G of the
Code), and the payments and benefits provided in for in this Agreement, together with any other payments and benefits which the Executive has the right to receive (collectively, the “Payments”), would constitute a “parachute
payment” (as defined in Section 280G of the Code), then the Payments shall be either (a) reduced (but not below zero) so that the aggregate present value of the Payments will be one dollar ($1.00) less than three times the
Executive’s “base amount” (as defined in Section 280G of the Code) and so that no portion of the Payments shall be subject to the excise tax imposed by Section 4999 of the Code, or (b) paid in full, whichever produces
the better net after-tax result for the Executive (taking into account any applicable excise tax under Section 4999 of the Code and any applicable income tax). The reduction of Payments, if any, shall be made by reducing the Payments in the
reverse order in which the Payments would be paid or provided (beginning with such payment or benefit that would be made last in time and continuing, to the extent necessary, through to such payment or benefit that would be made first in time). The
determination as to whether any such reduction in the Payments is necessary shall be made by the Company in good faith, and such determination shall be conclusive and binding on the Executive. If a reduced Payment is made or provided and, through
error or otherwise, that Payment, when aggregated with other payments and benefits from the Company (or its affiliated companies) used in determining if a “parachute payment” exists, exceeds one dollar ($1.00) less than three
(3) times the Executive’s base amount, then the Executive shall immediately repay such excess to the Company upon notification that an overpayment has been made. 
 12. Statements Concerning the Company or the Executive. The Executive and the Company and its affiliated companies shall refrain from any criticisms or disparaging comments about each other or in
any way relating to the Executive’s employment or separation from employment; provided, however, that nothing in this Agreement shall apply to or restrict in any way the communication of information by the Company or any of its affiliated
companies or the Executive to any state or federal law enforcement agency or require notice to the Company or the Executive thereof, and none of the Executive, the Company or any of its affiliated companies will be in breach of the covenant
contained above solely by reason of testimony or disclosure which is compelled by applicable law or regulation or process of law. A violation or threatened violation of this prohibition may be enjoined by the courts. The rights afforded under this
provision are in addition to any and all rights and remedies otherwise afforded by law. 

  
 - 19 -

 13. Confidentiality. 

(a) Confidential Information. For purposes of this Section 13, the term “Company” shall include the
Company and its affiliated companies. During the course of the Executive’s employment with the Company, the Company will (i) disclose or entrust to the Executive, and provide the Executive with access to, Confidential Information,
(ii) place the Executive in a position to develop business goodwill belonging to the Company, and (iii) disclose or entrust to the Executive business opportunities to be developed for the Company. For purposes of this Agreement,
“Confidential Information” means any and all confidential or proprietary information and materials, as well as all trade secrets, belonging to the Company, its partners, its customers, or other third parties who furnished such
information, materials, and/or trade secrets to the Company with expectations of confidentiality. Confidential Information includes, regardless of whether such information or materials are expressly identified or marked as confidential or
proprietary, and whether or not patentable: (A) technical information and materials of the Company, its partners, its customers, or other third parties; (B) business information and materials of the Company, its partners, its customers or
other third parties; (C) any information or material that gives the Company an advantage with respect to its competitors by virtue of not being known by those competitors; and (D) other valuable, confidential information and materials
and/or trade secrets of the Company, its partners, its customers, or other third parties. Notwithstanding the foregoing, Confidential Information shall not include information that (1) is already properly in the public domain or enters the
public domain with the express consent of the Company, or (2) is intentionally made available by the Company to third parties without any expectation of confidentiality. 
 (b) Protection of Confidential Information. (i) The Executive acknowledges that Confidential Information has been and will be developed or acquired by the Company through the expenditure of
substantial time, effort and money and provides the Company with an advantage over competitors who do not know or use such Confidential Information. The Executive further acknowledges and agrees that the nature of the Confidential Information which
the Company shall provide the Executive during the Executive’s employment would make it difficult, if not impossible, for the Executive to perform in a similar capacity for a business competitive with the Company without disclosing or utilizing
Confidential Information. 
 (ii) During and following the Executive’s employment by the Company, the Executive shall hold
in confidence and not directly or indirectly disclose or use or copy or make lists of any Confidential Information except to the extent necessary to carry out the Executive’s duties on behalf of the Company. The Executive agrees to give the
Company notice of any and all attempts to compel disclosure of any Confidential Information within one business day after the Executive is informed that such disclosure is being, or will be, compelled. Such written notice shall include a description
of the information to be disclosed, the court, government agency, or other forum through which the disclosure is sought, and the date by which the Confidential Information is to be disclosed, and shall contain a copy of the subpoena, order or other
process used to compel disclosure. 
 (iii) Upon the termination of the Executive’s employment with the Company, the
Executive promises to promptly return to the Company all Confidential 

  
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Information, and all documents and materials (including electronically stored information) in the Executive’s possession, custody or control that constitutes or reflects Confidential
Information. 
 (iv) In no event shall an asserted violation of the provisions of this Section 13 constitute a basis
for deferring or withholding any amounts otherwise payable to the Executive under this Agreement. 
 14. Restriction on
Solicitation of Employees. 
 (a) In General. For purposes of this Section 14, the term
“Company” shall include the Company and its affiliated companies. The Executive agrees to the provisions of this Section 14 in consideration of the Company’s promise to provide the Executive with Confidential
Information, and so as to protect the Company’s legitimate business interests (including the goodwill with which the Executive will be associated, and that the Executive will help build, during the Executive’s employment) and to enforce
the Executive’s promises regarding Confidential Information contained in Section 13 of this Agreement. Notwithstanding any provision in this Section 14 to the contrary, the obligations described in this
Section 14 shall not apply during any period after the date of the Executive’s termination of employment if the Executive is entitled to the benefits described in Section 5 in connection with such termination of
employment. 
 (b) Non-Solicitation of Employees. During the period of the Executive’s employment with the Company
and thereafter for a period of one year immediately following the termination of such employment for whatever reason, the Executive will not engage or employ, or solicit or contact with a view to the engagement or employment of, any person who is an
officer or employee of the Company and was employed in that capacity at any time during the last 12 months of the Executive’s employment with the Company. 
 (c) Value and Reasonableness. The Executive agrees that the Company’s substantial investments in its business interests, goodwill, and Confidential Information are worthy of protection, and
that the Company’s need for the protection afforded by this Section 14 is greater than any hardship the Executive might experience by complying with its terms. The Executive agrees that the limitations as to time and scope of
activity to be restrained contained in this Agreement are reasonable and are not greater than necessary to protect the Confidential Information, goodwill and other legitimate business interests of the Company. 

(d) Reformation. The Executive and the Company agree that the foregoing restrictions are reasonable under the circumstances and
that the limitations as to time and scope of activity contained in this Section 14 do not impose a greater restraint than necessary to protect the Company’s Confidential Information and legitimate business interests. Nevertheless,
if any of the aforesaid restrictions are found by a court of competent jurisdiction to be unreasonable, or overly broad as to time, or otherwise unenforceable, the Parties intend for the restrictions in this Section 14 to be modified by
the court making such determination so as to be reasonable and enforceable and, as so modified, to be fully enforced. By agreeing to this contractual modification prospectively at this time, the Company and the Executive intend to make this
provision enforceable under the law or laws of all applicable states and other jurisdictions so that 

  
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the entire agreement not to solicit employees and this Agreement as prospectively modified shall remain in full force and effect and shall not be rendered void or illegal. 

(e) Enforcement and Remedies. The Executive acknowledges that the Executive’s violation or threatened or attempted violation
of the covenants contained in this Section 14 will cause irreparable harm to the Company and that money damages would not be sufficient remedy for any breach of this Section 14. The Executive agrees that the Company shall be
entitled as a matter of right to specific performance of the covenants contained in this Section 14, including entry of an ex parte temporary restraining order in state or federal court, preliminary and permanent injunctive relief
against activities in violation of this Section 14, or both, or other appropriate judicial remedy, writ or order, in any court of competent jurisdiction, restraining any violation or further violation of such agreements by the Executive
or others acting on the Executive’s behalf, without any showing of irreparable harm and without any showing that the Company does not have an adequate remedy at law. Such remedies shall not be deemed the exclusive remedies for a breach of this
Section 14 but shall be in addition to all remedies available at law or in equity, including the recovery of damages from the Executive and the Executive’s agents. 

(f) Attorneys’ Fees. In the event that it is necessary to employ the services of an attorney to enforce the restrictions set
forth in this Section 14, the Company shall be entitled to recover from the Executive all attorneys’ fees, costs and expenses incurred by the Company in connection therewith. 

15. Successors. 
 (a) Assignment. This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of
descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive’s legal representatives. This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns.

 (b) Assumption by the Company’s Successor. The Company will require any successor (whether direct or indirect, by
purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be
required to perform it if no such succession had taken place. As used in this Agreement, the term “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes
and agrees to perform this Agreement by operation of law, or otherwise. 
 16. Miscellaneous. 

(a) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Texas, without
reference to principles of conflict of laws. 

  
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 (b) Headings. The Section and subsection headings and captions of this Agreement have
been inserted for purposes of convenience and shall not be used for interpretive purposes. 
 (c) Amendment. This
Agreement may not be amended or modified otherwise than by a written agreement executed by the Parties or their respective successors and legal representatives. 
 (d) Notices. All notices and other communications hereunder shall be in writing and shall be given by hand delivery to the other Party or by registered or certified mail, return receipt requested,
postage prepaid, addressed, in the case of the Executive, to the Executive’s home address registered with the Company or, if to the Company, to the attention of the General Counsel at the Company’s home office address or to such other
address as either Party shall have furnished to the other in writing in accordance herewith. Notice and communications shall be effective when actually received by the addressee. 

(e) Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or
enforceability of any other provision of this Agreement. 
 (f) Withholding. The Company may withhold from any amounts
payable under this Agreement such Federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or regulation. 
 (g) No Waiver. The Executive’s or the Company’s failure to insist upon strict compliance with any provision of this Agreement or the failure to assert any right the Executive or the
Company may have hereunder, including, without limitation, the right of the Executive to terminate employment for Good Reason pursuant to Section 4, shall not be deemed to be a waiver of such provision or right or any other provision or
right of this Agreement. 
 (h) At Will Employment. The Executive and the Company acknowledge that, except as may
otherwise be provided under any other written agreement between the Executive and the Company, the employment of the Executive by the Company is “at will” and the Executive’s employment may be terminated by either the Executive or the
Company at any time and for any reason or for no reason. 
 (i) Officer Severance Plan. The Executive acknowledges and
agrees that, from and after the Effective Date, he shall not be a participant in, and he hereby waives any right to participate in, the Officer Severance Plan, or any successor plan thereto designed to provide similar benefits. 

(j) Entire Agreement. From and after the Effective Date, this Agreement shall supersede any other agreement between the Parties
with respect to the subject matter hereof. Without limiting the scope of the preceding sentence, as of the Effective Date, all prior understandings and agreements between the Parties relating to the subject matter hereof (including, without
limitation, the Change of Control Contract) are hereby null and void and of no further force and effect. 

  
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 IN WITNESS WHEREOF, the Executive has hereunto set the Executive’s hand and, pursuant
to the authorization from the Board, the Company has caused this Agreement to be executed in its name and on its behalf, to be effective as of the Effective Date. 

EXECUTIVE 
 By:  /s/ R. A.
Walker                                        
             

        R. A. Walker 

Date: February 16, 2012 
 ANADARKO PETROLEUM CORPORATION 
 By:  /s/ Robert K.
Reeves                                        
      
 Name: Robert K. Reeves 

Title: Senior Vice President, General Counsel 

          and Chief Administrative Officer 

Date: February 16, 2012 

  
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 EXHIBIT A 
 TO 
 SEVERANCE AGREEMENT DATED EFFECTIVE AS OF MAY 15, 2012

 RELEASE AGREEMENT 
 This Release Agreement (this “Agreement”) constitutes the release agreement referred to in that certain Severance Agreement (the “Severance Agreement”) dated effective as
of May 15, 2012, and as may be amended thereafter, by and between Anadarko Petroleum Corporation (the “Company”) and R. A. Walker (the “Executive”). 

1. General Release. 
 (a) For good and valuable consideration, including the Company’s provision of certain payments and benefits to the Executive in accordance with Section [•] of the Severance Agreement, the
Executive hereby releases, discharges and forever acquits the Company, its affiliates and subsidiaries, the past, present and future stockholders, members, partners, directors, managers, employees, agents, attorneys, heirs, legal representatives,
successors and assigns of the foregoing, as well as all employee benefit plans maintained by the Company or any of its affiliates or subsidiaries and all fiduciaries and administrators of any such plan, in their personal and representative
capacities (collectively, the “Released Parties”), from liability for, and hereby waives, any and all claims, rights, damages, or causes of action of any kind related to the Executive’s employment with any Released Party, the
termination of such employment, and any other acts or omissions related to any matter on or prior to the date of this Agreement (collectively, the “Released Claims”). 

(b) The Released Claims include without limitation those arising under or related to: (i) the Age Discrimination in Employment Act
of 1967; (ii) Title VII of the Civil Rights Act of 1964; (iii) the Civil Rights Act of 1991; (iv) sections 1981 through 1988 of Title 42 of the United States Code; (v) the Employee Retirement Income Security Act of 1974,
including, but not limited to, sections 502(a)(1)(A), 502(a)(1)(B), 502(a)(2), and 502(a)(3) to the extent the release of such claims is not prohibited by applicable law; (vi) the Immigration Reform Control Act; (vii) the Americans with
Disabilities Act of 1990; (viii) the National Labor Relations Act; (ix) the Occupational Safety and Health Act; (x) the Family and Medical Leave Act of 1993; (xi) any state or federal anti-discrimination law; (xii) any state
or federal wage and hour law; (xiii) any other local, state or federal law, regulation or ordinance; (xiv) any public policy, contract, tort, or common law; (xv) costs, fees, or other expenses including attorneys’ fees incurred
in these matters; (xvi) any employment contract, incentive compensation plan or stock option plan with any Released Party or to any ownership interest in any Released Party except as expressly provided in the Severance Agreement, any stock
option agreement, any stockholders agreement or other equity compensation agreement between the Executive and the Company; and (xvii) compensation or benefits of any kind from any Released Party not expressly set forth in the Severance
Agreement or any such stock option or other equity compensation agreement. 
 (c) In no event shall the Released Claims include
(i) any claim which arises after the date of this Agreement, (ii) any claims for the payments and benefits payable to the 

  
 A-1

 
Executive under Section [•] of the Severance Agreement, (iii) any claims to the equity interests in the Released Parties that the Executive holds as of the date of this Agreement
which remain subject to the terms and conditions, as applicable, of any specific equity award agreement between the Executive and a Released Party, (iv) any claim for or right to indemnification under the policies or governing instruments of
the Released Parties and for coverage under any directors and officers liability insurance policies maintained by the Released Parties, and (v) any claim with respect to vested and accrued benefits under the Anadarko Petroleum Corporation 2008
Omnibus Incentive Compensation Plan, the Anadarko Petroleum Corporation 1999 Stock Incentive Plan, the Anadarko Petroleum Corporation 1998 Director Stock Plan, the Anadarko Employee Savings Plan, the Anadarko Retirement Plan, the Anadarko Petroleum
Corporation Savings Restoration Plan, the Anadarko Retirement Restoration Plan, the Anadarko Petroleum Corporation Deferred Compensation Plan and [to be added: other applicable plans, if any]. 

(d) Notwithstanding this release of liability, nothing in this Agreement prevents the Executive from filing any non-legally waivable
claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission (“EEOC”) or comparable state or local agency or participating in any investigation or proceeding conducted by the EEOC
or comparable state or local agency; however, the Executive understands and agrees that the Executive is waiving any and all rights to recover any monetary or personal relief or recovery as a result of such EEOC, or comparable state or local agency
proceeding or subsequent legal actions. 
 (e) This Agreement is not intended to indicate that any such claims exist or that, if
they do exist, they are meritorious. Rather, the Executive is simply agreeing that, in exchange for the consideration recited in the first sentence of Section 1(a) of this Agreement, any and all potential claims of this nature that the
Executive may have against the Released Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. 
 (f) By signing this Agreement, the Executive is bound by it. Anyone who succeeds to the Executive’s rights and responsibilities, such as heirs or the executor of the Executive’s estate, is also
bound by this Agreement. This release also applies to any claims brought by any person or agency or class action under which the Executive may have a right or benefit. THIS RELEASE INCLUDES MATTERS ATTRIBUTABLE TO THE SOLE OR PARTIAL NEGLIGENCE
(WHETHER GROSS OR SIMPLE) OR OTHER FAULT, INCLUDING STRICT LIABILITY, OF ANY OF THE RELEASED PARTIES. 
 2. Covenant
Not to Sue; Executive’s Representation. The Executive agrees not to bring or join any lawsuit against any of the Released Parties in any court relating to any of the Released Claims. The Executive represents that the Executive has not
brought or joined any claim, lawsuit or arbitration against any of the Released Parties in any court or before any administrative agency or arbitral authority and has made no assignment of any rights the Executive has asserted or may have against
any of the Released Parties to any person or entity, in each case, with respect to any Released Claims. 
 3. Certain
Continuing Obligations. The Executive acknowledges and agrees that (a) the provisions of Sections 12, 13 and 14 of the Severance Agreement shall survive the termination of the employment relationship, the termination of the Severance
Agreement, and the 

  
 A-2

 
execution of this Agreement, and (b) the Executive shall continue to honor his post-employment obligations set forth in such provisions of the Severance Agreement. 

4. Acknowledgments. By executing and delivering this Agreement, the Executive acknowledges that: 

(a) The Executive has carefully read this Agreement; 
 (b) The Executive has had at least [twenty-one (21)] [forty-five (45)] days to consider this Agreement before the execution and delivery hereof to the Company [Add if 45 days applies: , and the Executive
acknowledges that attached to this Agreement is a list provided to the Executive by the Company of (i) the job titles and ages of all employees selected for participation in the employment termination or exit incentive program pursuant to which
the Executive is being offered this Agreement, (ii) the job titles and ages of all employees in the same job classification or organizational unit who were not selected for participation in the program, and (iii) information about the unit
affected by the program, including any eligibility factors for such program and any time limits applicable to such program]; 

(c) The Executive has been and hereby is advised in writing that the Executive may, at the Executive’s option, discuss this
Agreement with an attorney of the Executive’s choice and that the Executive has had adequate opportunity to do so; and 

(d) The Executive fully understands the final and binding effect of this Agreement; the only promises made to the Executive to sign this
Agreement are those stated in the Severance Agreement and herein; and the Executive is signing this Agreement voluntarily and of the Executive’s own free will, and that the Executive understands and agrees to each of the terms of this
Agreement. 
 5. Revocation Right. The Executive may revoke this Agreement within the seven-day period beginning
on the date the Executive signs this Agreement (such seven-day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by the Executive and must be
delivered to the General Counsel of the Company before 11:59 p.m., Houston, Texas time, on the last day of the Release Revocation Period. This Agreement is not effective, and no consideration shall be paid to the Executive, until the expiration of
the Release Revocation Period without the Executive’s revocation. If an effective revocation is delivered in the foregoing manner and timeframe, this Agreement shall be of no force or effect and shall be null and void ab initio.

 [Signature page follows.] 

  
 A-3

 Executed on this
             day of             ,             .

  

                   
                                         
                                         
                                    

R. A. Walker 
  

			
	STATE OF	  	                    §
		  	                    §
	COUNTY OF	  	                    §

 BEFORE ME, the undersigned authority, personally appeared R. A. Walker, by me known or who produced valid
identification as described below, who executed the foregoing instrument and acknowledged before me that he subscribed to such instrument on this              day of
            ,             . 

NOTARY PUBLIC in and for the 

State of
                                         
      
 My Commission Expires:
                 

Identification produced:
                    

  
 A-4

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