Occidental Petroleum 2003 Annual Report Download - page 152
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EXHIBIT 10.51
OCCIDENTAL PETROLEUM CORPORATION
GROUP EXCESS LIABILITY INSURANCE PROGRAM
Certain executives of Occidental Petroleum Corporation and its subsidiaries are
selected to participate in Occidental's Group Excess Liability Insurance
Program. Occidental pays the premium for the insurance. The insurance is an
umbrella policy which provides excess coverage beyond regular liability
policies, with required minimum coverage for underlying policies such as auto
and home policies. The program provides $10 million of coverage for a small
number of executives and $5 million of coverage for certain other executives.
040224b