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This employment agreement involves COOPER CAMERON CORP. An employment contract is an agreement entered into between an employer and an employee which describes the nature of their business relationship. This includes a discussion of roles and responsibilities, compensation etc. An employment contract serves a number of beneficial purposes. It provides the employee with the basic conditions of their employment including basic duties, salary, and benefits. The agreement also protects the employer by stating the employer's expectations for the employee and grounds for termination.

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Posted:
08/05/09
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DocStore > Agreements > Employment Agreements
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Employment Agreement, COOPER CAMERON CORP Employment Agreement, Oil Well Services and Equipment Employme...

COOPER CAMERON CORP Employment Agreement

Exhibit 10.46 December 21, 2004 Mr. Charles Sledge Vice President and Controller 1333 West Loop South, Suite 1700 Houston, Texas 77027 Dear Chuck: The Board of Directors of Cooper Cameron Corporation (the “Company”) has concluded that it is in the Company’s best interest to amend its letter agreement with you, dated October 10, 2002, (the “Agreement”) by eliminating Section 5 in its entirety. The Company, therefore, is offering the payment to you of the sum of eighty-nine thousand, one hundred and fifty-four dollars and six cents ($89,154.06