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NBL > SEC Filings for NBL > Form 8-K on 3-Feb-2014All Recent SEC Filings

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Form 8-K for NOBLE ENERGY INC


3-Feb-2014

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 28, 2014, Rodney D. Cook, Senior Vice President and Advisor to the CEO and President of Noble Energy, Inc. (the "Company"), announced his intention to retire from the Company effective March 31, 2014.
On February 3, 2014, Mr. Cook and the Company entered into an amendment to Mr. Cook's Retention and Confidentiality Agreement, originally dated May 1, 2013, to provide for the following:

         the end of Mr. Cook's retention period was changed to March 31, 2014
          (from June 30, 2014); and


         Mr. Cook will be entitled to receive a cash retention bonus payment at
          the end of his retention period in an amount equal to 25% of his target
          bonus under the Company's 2014 Short-Term Incentive Plan (the "STIP")
          and will not otherwise be entitled to a bonus under the Company's STIP
          for the 2014 performance year.


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