Document:

exv10w50

Exhibit 10.50

AMENDMENT ONE TO THE SERVICE CORPORATION INTERNATIONAL

EXECUTIVE DEFERRED COMPENSATION PLAN

     Service Corporation International, a Texas corporation (the “Company”), hereby adopts the
following Amendment to the Service Corporation International Executive Deferred Compensation Plan
(the “Plan”):

     WHEREAS, the Plan was adopted by the Company, originally effective January 1, 2005 and
subsequently amended and restated during December 2009; and

     WHEREAS, the Company desires to change the terms of the Plan to permit Participants to defer
future grants of restricted stock under the Plan’s terms;

     WHEREAS, Section 12.2 of the Plan gives the Company the authority to make amendments to the
Plan;

     NOW THEREFORE, the Plan is hereby amended by adding new Article 18 to the end thereof, to be
and read as follows:

ARTICLE 18

Stock Deferrals

18.1 Definitions.

     (a) “Dividend Equivalents” means the amount credited to a Participant’s Dividend Equivalent
Account as provided in Section 18.1(d) below.

     (b) “Incentive Plan” shall mean the Service Corporation International Amended 1996 Incentive
Plan, as amended from time to time, and any subsequently adopted stock incentive plan.

     (c) “Stock Award” shall mean any grant of Restricted Stock as defined in and pursuant to the
Incentive Plan.

     (d) “Stock Award Unit” shall mean a nominal unit of the Company’s common stock that is
credited to a Participant’s Stock Award Unit Account pursuant to Section 18.2(b) below.

18.2 Deferral of Share Awards.

     (a) Annual Accounting. For each Participant who elects to defer a portion of a Stock Award, a
separate Stock Award Unit Account and Dividend Equivalent Account shall be established for each
Plan Year to hold the Participant’s Stock Award Units and Dividend Equivalents. Earnings with
respect to a separate Stock Award Unit Account and Dividend Equivalent Account established for a
Plan Year shall be allocated to that account.

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     (b) Stock Award Deferral Elections. Subject to the limitations below, a Participant may elect
to defer all or a portion of a Stock Award on such terms as the Committee (or its delegate) may
permit by completing an Election Form and submitting it to the Committee (or its delegate) prior to
the calendar year in which the Stock Award is made. The Participant’s deferral election shall be
made pursuant to Section 3.1 hereof, in accordance with the provisions thereof, and shall be
submitted within the time period provided under Section 3.2(a) hereof. The Election Form shall
designate the time and form of distribution for the Participant’s Stock Award Units and Dividend
Equivalents in a manner consistent with the provisions of (i) Article 4, regarding Scheduled
Distributions and Unforeseeable Emergencies, (ii) Article 5, regarding Change in Control Benefit
distributions, (iii) Article 6, regarding Retirement Benefits distributions, (iv) Article 7,
regarding Termination Benefit distributions and (v) Article 8, regarding Disability Benefits. The
Committee (or its delegate) shall credit a Stock Award Unit to a bookkeeping account (to be known
as a “Stock Award Unit Account”) for the benefit of such Participant. Any Stock Awards deferred
pursuant to this Section 18.2 shall be accounted for by the Employer on its books and records and
the Employer may, in its discretion, transfer shares of the Employer’s common stock to the Trustee
at such times as the Employer shall, in its discretion, determine.

     (c) Stock Award Unit Accounts. A Participant’s Stock Award Units shall be subject to vesting
and forfeiture at the same time and in the same manner as applicable to such Participant’s Stock
Award.

          (i) In addition to the applicable limitations of Article 4, no portion of a Stock Award Unit
may be distributed in a Scheduled Distribution until an annual distribution date which occurs
following the date the Participant’s Stock Award would have been fully vested. By way of example,
if a Stock Award Unit becomes fully vested on March 1, 2015, then such Stock Award Unit shall be
eligible for distribution as part of a Scheduled Distribution during January 2016.

          (ii) Distributions from a Participant’s Stock Award Unit Account shall be made in the form of
shares of the Company’s common stock for each Stock Award Unit, which shares shall be issued
pursuant to the Incentive Plan’s terms.

          (iii) If the Company pays a stock dividend with respect to its shares of common stock, then
the Committee (or its delegate) shall credit additional Stock Award Units to the Participant’s
Stock Award Unit Account in an amount equal to the number of shares of common stock that would have
been issued to the Participant if he or she had directly held one unit of the Company’s common
stock for each Stock Award Unit credited to his Stock Award Unit Account.

     (d) Dividend Accounts. The Committee (or its delegate) shall credit to each Participant’s
Dividend Equivalent Account an amount equal to the dividend that the Participant would have
received if he or she had directly owned one share of the Company’s common stock for each Stock
Award Unit credited to the Participant’s Stock Award Unit Account.

          (i) Amounts credited to a Participant’s Dividend Equivalent Account shall be fully vested at
all times.

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          (ii) Any amount is earned on a Participant’s Dividend Equivalent Account for an Annual
Account, such amount shall be credited to the Participant’s Dividend Equivalent Account for that
Plan Year.

          (iii) Amounts credited to a Participant’s Dividend Equivalent Account shall initially be
invested in the same manner as directed for the Participant’s Company Contributions.

     IN WITNESS WHEREOF, the undersigned, duly authorized officer of the Company, has caused this
instrument to be executed on this 27th day of December, 2010.

	 	 	 	 	 
	 	SERVICE CORPORATION INTERNATIONAL

 	 
	 	By:  	/s/ Jane D. Jones
 	 
	 	 	 	 
	 	Its: 	 Vice President Human Resources 	 
	 

3exv10w1

Exhibit 10.1

Restricted Stock Unit Award Agreement

Schedule A

Notice of Restricted Stock Unit Award

	 	 	 
	Company:
	 	Apache Corporation

	 	 	 

	Participant:
	 	Thomas P. Chambers

	 	 	 

	Notice:
	 	You have been granted an Award of Restricted Stock Units
in accordance with the terms of the Plan and the attached
Restricted Stock Unit Award Agreement.

	 	 	 

	Type of Award:
	 	Restricted Stock Units

	 	 	 

	Number of Units:
	 	20,000

	 	 	 

	Restriction:
	 	Except as set forth in Section 3 of the attached
Restricted Stock Award Agreement, the Shares received in
settlement of Restricted Stock Units pursuant to this
Award are not eligible for sale by the Participant until
such time as the Participant retires from his duties as
Executive Vice President.

	 	 	 

	Vesting:
	 	4,000 on April 2, 2012

	 	 	4,000 on February 9, 2013

	 	 	4,000 on February 9, 2014

	 	 	4,000 on February 9, 2015

	 	 	4,000 on February 9, 2016

	 	 	 

	Plan:
	 	Apache Corporation 2007 Omnibus Equity Compensation Plan

	 	 	 

	Award Date:
	 	February 9, 2011

	 	 	 

	Acceptance:
	 	Please execute the attached Restricted Stock Unit Award
Agreement. By accepting your Restricted Stock Unit
Award, you will have agreed to the terms and conditions
set forth in this Agreement and the Plan. If you do not
accept your Award by executing this Agreement, you will
be unable to receive your shares.

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Restricted Stock Unit Award Agreement

     This Restricted Stock Unit Award Agreement (this “Agreement”), dated as of the Award Date set
forth in the Notice of Restricted Stock Unit Award attached as Schedule A hereto (the
“Award Notice”) is made between Apache Corporation (the “Company”) and the Participant named in the
Award Notice. The Award Notice is included in and made part of this Agreement.

Definitions

     All capitalized terms contained in this Agreement shall have the meanings assigned to those
terms by the Plan, unless otherwise indicated herein.

Terms

     1. Award of Restricted Stock Units. Subject to the provisions of this Agreement and
the provisions of the Apache Corporation 2007 Omnibus Equity Compensation Plan (the “Plan”), the
Company hereby awards to the Participant, pursuant to the Plan, a right to receive the number of
shares of $0.625 par value Common Stock of the Company (“Shares”) set forth in the Award Notice.

     2. Evidence of Units. The Participant’s right to receive the Restricted Stock Units
shall be evidenced by book entry registration (or by such other manner as the Committee may
determine).

     3. Restrictions. 2,400 of the Shares vesting each year pursuant to this Agreement and
the Plan shall be subject to the restriction that none of such shares shall be eligible to be sold
by the Participant until such time as the Participant retires or otherwise terminates employment
with the Company. The remaining 1,600 Shares vesting each year shall vest free of restrictions,
except those, if any, required by applicable securities laws, and may be sold at any time to pay
taxes or for other reasons. Certificates representing the restricted 2,400 Shares issued each year
will bear all legends required by law or by the Company or its counsel as necessary or advisable to
effectuate the provisions of the Plan and this Award including the following restrictive legend:

THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE
RESTRICTIONS CONTAINED IN A RESTRICTED STOCK UNIT AWARD AGREEMENT
DATED AS OF FEBRUARY 9, 2011, BY AND BETWEEN APACHE CORPORATION
AND THOMAS P. CHAMBERS, A COPY OF WHICH IS ON FILE AT THE OFFICE
OF THE CORPORATE SECRETARY OF THE COMPANY.

     4. Certificates. The Company may place a “stop transfer” order against shares of the
Common Stock issued pursuant to this Award until all restrictions and conditions set forth in the
Plan or this Agreement and in the legends referred to in Section 3 have been complied with. The
stock transfer records of the Company will reflect stock transfer instructions with respect to such
shares.

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     5. Custody. Any stock certificates issued pursuant to this Agreement shall be held by
the Corporate Secretary of the Company until all restrictions thereon have lapsed or until the
Committee authorizes the release.

     6. Vesting and Settlement. Subject to earlier settlement or forfeiture as provided in
Section 9 and any deferral election under Section 8, Restricted Stock Units awarded hereunder shall
vest in accordance with the following table.

	 	 	 	 	 
	Tranche	 	Number of Units	 	Vesting Date
	I

	 	4,000
	 	April 2, 2012
	II
	 	4,000
	 	February 9, 2013
	III
	 	4,000
	 	February 9, 2014
	IV
	 	4,000
	 	February 9, 2015
	V
	 	4,000
	 	February 9, 2016

The Restricted Stock Units shall be settled in an equivalent number of shares of Common Stock on
the date on which such Restricted Stock Units vest. The Company shall not be obligated to deliver
any shares of Common Stock if counsel to the Company determines that such sale or delivery would
violate any applicable law or any rule or regulation of any governmental authority or any rule or
regulation of, or agreement of the Company with, any securities exchange or association upon which
the Common Stock is listed or quoted. The Company shall in no event be obligated to take any
affirmative action in order to cause the delivery of shares of Common Stock to comply with any such
law, rule, regulation or agreement.

     7. Dividend Equivalent Payments. The company will pay to the Participant an amount
equivalent to any cash dividends declared on the Common Stock as soon as administratively
practicable after the payment date for such dividend, in proportion to the number of unvested
Restricted Stock Units as of the record date for such dividend, with the following exception. Any
such payments that would be made before March 9, 2012 shall instead be accumulated and paid as soon
as administratively practicable after the earliest of the following dates, but only if the
Participant is still employed by the Company on such date: March 9, 2012; the date of the
Participant’s death; the date the Committee determines the Participant is Disabled; or the date of
a Change of Control that is described in Section 409A(a)(2)(A)(v) of the Internal Revenue Code. If
the participant is not employed by the Company on such date, the accumulated payments shall be
forfeited.

     8. Deferral Election. The Participant may, within 30 days of the Award Date and in
accordance with the terms and conditions of the Deferred Delivery Plan, elect to defer receipt of
Shares that would otherwise be issued on a Vesting Date in settlement of all or any part of a
Tranche of Restricted Stock Units. If the Participant makes such an election, effective as of the
applicable Vesting Date, each Restricted Stock Unit so deferred shall thereafter be a Stock Unit
(as defined in the Deferred Delivery Plan) and settlement of the Stock Units shall be in accordance
with the Deferred Delivery Plan except that the restrictions in Section 3 shall

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continue to apply to any shares of Common Stock issued in settlement of the Stock Units until such
restrictions would have expired had such shares been issued in settlement of the Restricted Stock
Units. Any such deferral of less than 100 percent of the Shares shall apply on a pro rata basis to
both Shares subject to the restriction against sales and those Shares not subject to restriction.

     9. Termination of Employment, Death, Disability, etc. Except as set forth below, this
Agreement and each Award shall be subject to the condition that the Participant has remained an
Eligible Employee from the initial award of an Award until the applicable Vesting Date as follows:

     (a) If the Participant voluntarily leaves the employment of the Company (but not for
Good Reason) or is terminated by the Company for Cause before an applicable Vesting Date,
all Restricted Stock Units not already vested shall be immediately cancelled.

     (b) If the Participant dies or becomes Disabled before an applicable Vesting Date, the
Restricted Stock Units that would have vested at the next Vesting Date shall thereupon vest,
the restrictions in Section 3 shall lapse and the then vested Restricted Stock Units shall
be settled as soon as administratively practicable following the date the Participant dies
or becomes Disabled. Any Restricted Stock Units not already vested or vested by reason of
death or Disability shall be immediately cancelled. If the Participant dies before
settlement, settlement shall be made to the beneficiary designated for this purpose in the
manner prescribed by the Committee, or, if there is no such beneficiary, to the estate of
the Participant.

     (c) If, before March 9, 2012, the Participant is terminated by the Company without
Cause and not by reason of becoming Disabled or if the Participant terminates his employment
for Good Reason, then all unvested Restricted Stock Units shall be cancelled. If, after
March 8, 2012, the Participant is terminated by the Company without Cause and not by reason
of becoming Disabled or if the Participant terminates his employment for Good Reason, then
all Restricted Stock Units shall thereupon vest, the restrictions in Section 3 shall lapse,
and, subject to the terms of the Deferred Delivery Plan, if applicable, the Restricted Stock
Units shall be settled as soon as administratively practicable following the date the
Participant’s employment is terminated.

     (d) Notwithstanding Section 12 of the Plan or subsections 9(a), 9(b), or 9(c), if the
Participant is employed by the Company when a Change of Control that is described in Section
409A(a)(2)(A)(v) of the Internal Revenue Code occurs, any unvested Restricted Stock Units
shall vest, the restrictions in Section 3 shall lapse, and settlement of the newly vested
Restricted Stock Units shall occur on the date of such Change of Control or as soon
thereafter as is administratively practicable.

For purposes of this Agreement,

     “Cause” means the Participant’s willful failure to perform his duties after a demand for
performance is delivered to him by the Company’s board of directors that specifically states the
manner in which the board believes the Participant has not performed his duties; the Participant’s
willful gross misconduct materially injurious to the Company; or the

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Participant’s violation of a direct order of the board of directors or the executive committee
of the board. An act or omission is “willful” if it is done in bad faith or without
reasonable belief that the act or omission was in the Company’s interests.

     “Disabled” means the Participant is expected by the Committee to both (i) become entitled to
long-term disability payments under the Company’s long-term disability plan then in effect and (ii)
be unable to engage in any substantial gainful activity by reason of any medically determinable
physical or mental impairment that is expected to result in death or is expected to last for a
continuous period of at least one year.

     “Good Reason” means a material diminution in the Participant’s responsibilities or duties or a
material diminution in the Participant’s base compensation unless the base compensation of other
senior officers of the Company is also reduced proportionately.

     Payment and Tax Withholding. The Committee may make such provisions as it may deem
appropriate for the withholding of any taxes that it determines is required in connection with this
Award. The Participant may pay all or any portion of the taxes required to be withheld by the
Company or paid by the Participant in connection with all or any portion of this Award by
delivering cash or by electing to have the Company withhold shares of Common Stock that would have
otherwise been delivered to Participant having a Fair Market Value determined by the Committee in
accordance with the Plan, equal to the amount required to be withheld or paid.

     10. Payment of Tax and Withholding. The Committee may make such provisions as it may
deem appropriate for the withholding of any taxes that it determines is required in connection with
this Award. The Participant may pay all or any portion of the taxes required to be withheld by the
Company or paid by the Participant in connection with all or any portion of this Award by
delivering cash or by electing to have the Company withhold shares of Common Stock that would have
otherwise been delivered to Participant having a Fair Market Value determined by the Committee in
accordance with the plan, equal to the amount required to be withheld or paid.

     11. No Ownership Rights Prior to Issuance of Shares. Neither the Participant nor any
other person shall become the beneficial owner of the Shares underlying the Restricted Stock Units,
nor have any rights of a shareholder (including, without limitation, dividend and voting rights)
with respect to any such Shares, unless and until and after such Shares have vested.

     12. Non-Transferability of Restricted Stock Units. Subject to the conditions and
exceptions set forth in Deferred Delivery Plan, if elected, and Section 14.2 of the Plan, the
Restricted Stock Units (and, while subject to the restrictions in Section 3, the Shares) shall not
be transferable otherwise than by will or the laws of descent and distribution or to a trust for
estate planning purposes or a family partnership.

     13. No Right to Continued Employment. Neither the Restricted Stock Units nor any
terms contained in this Agreement shall confer upon the Participant any express or implied right to
be retained in the employment or service of the Company or any Affiliate for any period, nor
restrict in any way the right of the Company or any Affiliate, which right is hereby expressly
reserved, to terminate the Participant’s employment or service at any time for any reason. The
Participant acknowledges and agrees that any right to have restrictions on the

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Restricted Stock Units lapse is earned only by continuing as an employee of the Company or an
Affiliate at the will of the Company or such Affiliate, or satisfaction of any other applicable
terms and conditions contained in the Plan and this Agreement, and not through the act of being
hired, being Awarded the Restricted Stock Units or acquiring Shares hereunder.

     14. The Plan. In consideration for this award of Restricted Stock Units, the
Participant agrees to comply with the terms of the Plan and this Agreement. This Agreement is
subject to all the terms, provisions and conditions of the Plan, a copy of which is attached hereto
and incorporated herein by reference, and to such regulations and administrative interpretations
thereunder as may from time to time be adopted by the Committee. Unless defined herein,
capitalized terms are used herein as defined in the Plan. In the event of any conflict between the
provisions of the Plan and this Agreement, the provisions of the Plan shall control, and this
Agreement shall be deemed to be modified accordingly.

     15. Notices. All notices by the Participant or the Participant’s assignees may be
made only in the following manner, using such forms as the Company may from time to time provide:

     (e) by first class registered or certified United States mail, postage prepaid, to
Apache Corporation, Attn: Corporate Secretary, 2000 Post Oak Boulevard, Suite 100, Houston,
Texas 77056;

     (f) by hand delivery to or Apache Corporation, Attn: Corporate Secretary, 2000 Post Oak
Boulevard, Suite 100, Houston, Texas 77056; or

     (g) by such other means, including by electronic means or by facsimile, as provided by
the Committee.

     All notices to the Participant shall be addressed to the Participant at the Participant’s
address in the Company’s records.

     Any notices provided for in this Agreement or in the Plan shall be deemed effectively
delivered or given upon receipt of such notice.

     16. Other Plans. The Participant acknowledges that any income derived from the
Restricted Stock Units shall not affect the Participant’s participation in, or benefits under, any
other benefit plan or other contract or arrangement maintained by the Company or any Affiliate.

     17. Terms of Employment. The Plan is a discretionary plan. The Participant hereby
acknowledges that neither the Plan nor this Agreement forms part of his terms of employment and
nothing in the Plan may be construed as imposing on the Company or any Affiliate a contractual
obligation to offer participation in the Plan to any employee of the Company or any Affiliate. The
Company or any Affiliate is under no obligation to award further Shares to any Participant under
the Plan.

     18. Section 409A of the Internal Revenue Code. Notwithstanding any provision of this
Agreement to the contrary, this Agreement is intended to provide for a grant of deferred
compensation that is exempt from or compliant with Section 409A of the Internal Revenue Code and
related regulations and United States Department of the Treasury

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pronouncements (“Section 409A”). Any ambiguous provisions will be construed in a manner so
that this Award is either compliant with or exempt from the application of Section 409A. If a
provision of this Agreement would result in the imposition of an applicable tax under Section 409A,
such provision may be reformed to avoid imposition of the applicable tax.

     IN WITNESS WHEREOF, the Company and
Participant have executed this Agreement on the 10th day
of February 2011. The Agreement is effective as of February 9, 2011.

Attest:

/s/ Cheri L. Peper
 

Cheri L. Peper

Corporate Secretary

APACHE CORPORATION

/s/ Margery M. Harris 

Margery M. Harris

Vice President, Human Resources

PARTICIPANT:

/s/ Thomas P. Chambers
 

Thomas P. Chambers

      

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