Occidental Petroleum 2011 Annual Report Download - page 107

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EXHIBIT 10.18
AMENDMENT NUMBER 3
TO THE
OCCIDENTAL PETROLEUM CORPORATION
SUPPLEMENTAL RETIREMENT PLAN II
Effective as of January 1, 2005
Amended and Restated as of November 1, 2008
The Occidental Petroleum Corporation Supplemental Retirement Plan II (Effective as of January 1, 2005, Amended and Restated as of
November 1, 2008) is hereby amended as of January 1, 2011, as follows:
1. The following new paragraphs are added following the first paragraph in the definition of “Employee” in
Section 2.1(n) of the Plan:
“In addition to the individuals described above, an Employee for purposes of this Plan also shall include the following:
“(1) Individuals who participate or are eligible to participate in the THUMS Long Beach Company Savings and
Investment Plan or the THUMS Long Beach Company Pension Plan in 2008; and
“(2) Individuals who are employed by Tidelands Oil Production Company on December 31, 2010.
“An individual described in (1) or (2) above shall be eligible to participate in this Plan if he or she meets the applicable
requirements under Section 3.1, even if he or she is not eligible to participate in the Retirement Plan, provided, that in
no event shall such an individual be eligible for any benefits under this Plan that are conditioned on eligibility for the
Retirement Plan unless and until he or she becomes eligible for the Retirement Plan.”
2. The following new paragraph is added at the end of Section 3.1 of the Plan:
“Notwithstanding the foregoing, an Employee who is employed by Tidelands Oil Production Company on December
31, 2010 and who meets the requirements of subsection (b) or (d) above on January 1, 2011 shall become a Participant
on January 1, 2011.”
3. Section 4.3(b)(1) is amended by deleting the term “Participant” in the first sentence therein and replacing it
with “Employee.”