FOREST OIL CORP
EX-10.1
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NAME="de19802_exhibit_10.1"> </A>
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<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;10.1    <BR>    </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>AMENDMENT NO. 4 TO<BR>
FOREST OIL CORPORATION<BR>
2001 STOCK INCENTIVE PLAN  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>WHEREAS,</B></FONT><FONT SIZE=2> Forest Oil Corporation (the "Company") has heretofore adopted the Forest Oil Corporation 2001 Stock
Incentive Plan, as amended (the "Plan"); and </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>WHEREAS</B></FONT><FONT SIZE=2>, the Company desires to amend the Plan in certain respects; </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>NOW, THEREFORE</B></FONT><FONT SIZE=2>, the Plan shall be amended as follows: </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
last sentence of Paragraph&nbsp;V(b)&nbsp;of the Plan shall be deleted and the following shall be substituted therefor: </FONT></P>

<UL>

<P><FONT SIZE=2>"Director
Stock Awards shall be awarded as provided in Paragraph&nbsp;VII(f); provided, however, that notwithstanding any provision in the Plan to the contrary, no Director Stock Award shall be
granted on or after the date of the special meeting of the shareholders of the Company at which the shareholders of the Company are asked to approve the adoption of the Forest Oil Corporation 2007
Stock Incentive Plan." </FONT></P>

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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
amendment to the Plan set forth in paragraph&nbsp;1 hereof shall be effective as of the date of the special meeting of the shareholders of the Company at which the
shareholders of the Company are asked to approve the adoption of the Forest Oil Corporation 2007 Stock Incentive Plan (the "2007 Plan"), provided that the 2007 Plan is approved by the Company's
shareholders at such meeting. If the 2007 Plan is not so approved at such meeting, then the amendment to the Plan set forth in paragraph&nbsp;1 hereof shall be void </FONT><FONT SIZE=2><I>ab
initio</I></FONT><FONT SIZE=2>. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
amended hereby, the Plan is specifically ratified and reaffirmed. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>IN WITNESS WHEREOF</B></FONT><FONT SIZE=2>, the undersigned has caused this Amendment No.&nbsp;4 to Forest Oil Corporation 2001 Stock Incentive Plan to be
executed this 5th day of June&nbsp;2007. </FONT></P>

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<TD COLSPAN=3><BR><FONT SIZE=2><B>FOREST OIL CORPORATION</B></FONT></TD>
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By:</FONT></TD>
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/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>CYRUS D. MARTER IV</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Cyrus D. Marter IV<BR></FONT> <FONT SIZE=2><I>Vice President, General Counsel&nbsp;&amp;
Secretary</I></FONT></TD>
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