Delaware | 001-07964 | 73-0785597 | ||
(State or other jurisdiction of incorporation or organization) | Commission File Number | (I.R.S. Employer Identification No.) | ||
1001 Noble Energy Way Houston, Texas | 77070 | |||
(Address of principal executive offices) | (Zip Code) |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
• | The end of Mr. Brown’s retention period was changed to January 31, 2015 (from June 30, 2014); |
• | Mr. Brown will be entitled to participate in the Company’s Short Term Incentive Plan (STIP) and his bonus under the STIP for 2014 will be no less than 100% of his target bonus under the STIP for the 2014 performance year, subject to his satisfaction of applicable requirements; |
• | The stock options and restricted stock granted to Mr. Brown on January 31, 2014 under the Company’s 1992 Stock Option and Restricted Stock Plan and will be eligible for post-retirement vesting through January 31, 2017 (similar to the treatment of Mr. Brown’s previous equity grants under the terms of the original Retention and Confidentiality Agreement); and |
• | The non-competition and non-solicitation provisions in Mr. Brown’s Retention and Confidentiality Agreement are extended until January 31, 2017. |
(d) | Exhibits. The following exhibit is furnished as part of this current report on Form 8-K: |
10.1 | Amendment to Retention and Confidentiality Agreement between Noble Energy, Inc. and Ted D. Brown, Senior Vice President, dated February 24, 2014, filed herewith. |
NOBLE ENERGY, INC. | ||||
Date: February 25, 2014 | By: | /s/ Arnold J. Johnson | ||
Arnold J. Johnson | ||||
Senior Vice President, General Counsel & Secretary | ||||
Exhibit No. | Description | |
10.1 | Amendment to Retention and Confidentiality Agreement between Noble Energy, Inc. and Ted D. Brown, Senior Vice President, dated February 24, 2014, filed herewith. |