BJ SERVICES CO
SECOND AMENDMENT, EFFECTIVE MARCH 1, 2007, TO BJ SERVICES COMPANY SUPPLEMENTAL E
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<FILENAME>rrd160498_20378.htm
<DESCRIPTION>SECOND AMENDMENT, EFFECTIVE MARCH 1, 2007, TO BJ SERVICES COMPANY SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
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<B><P ALIGN="CENTER">SECOND AMENDMENT TO </P>
<P ALIGN="CENTER">BJ SERVICES COMPANY</P>
<P ALIGN="CENTER">SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN</P>
</B><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;<B>WHEREAS,</B> <B>BJ SERVICES COMPANY </B>(the &quot;Company&quot;) has heretofore adopted the           <B>BJ SERVICES COMPANY SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN </B>(the&nbsp;&quot;Plan&quot;); and </P>
<P ALIGN="JUSTIFY">&#9;<B>WHEREAS,</B> the Company desires to amend the Plan in certain respects; </P>
<P ALIGN="JUSTIFY">&#9;<B>NOW, THEREFORE,</B> the Plan shall be and hereby is amended as follows, effective as of March 1, 2007: </P>
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<P ALIGN="JUSTIFY"><LI>Section 2.1(20) of the Plan shall be deleted and the following shall be substituted therefor:</LI></P>
<P ALIGN="JUSTIFY">&quot;(20)&#9;<B><U>Normal Retirement</U>.</B>  A Participant's Termination on or after the later of (i) his sixtieth birthday or (ii) the date he becomes vested pursuant to Article V.&quot;</P>
<P ALIGN="JUSTIFY"><LI>Article V of the Plan shall be deleted and the following shall be substituted therefor:</LI></P>
<P ALIGN="CENTER">&quot;<B>ARTICLE V</P>
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<U><P ALIGN="CENTER">Vesting</P>
</B></U><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">With respect to an Eligible Employee who becomes a Participant prior to January 1, 2007, the Participant's Vested Percentage shall be zero percent prior to the later of (i) his fifty-fifth birthday or (ii) the date he completes five full Years of Service, and one hundred percent on or after such date; provided, however, that in the event of the Participant's death or disability (as defined in Section 4.7) or a Change of Control, the Participant's Vested Percentage shall be one hundred percent.</P>
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<P ALIGN="JUSTIFY">With respect to an Eligible Employee who becomes a Participant after December 31, 2006, such Participant's Vested Percentage shall be zero percent prior to the later of (i) his fifty-fifth birthday or (ii) the date he completes five full years of participation in the Plan, and one hundred percent on or after such date; provided, however, that in the event of the Participant's death or disability (as defined in Section 4.7) or a Change of Control, the Participant's Vested Percentage shall be one hundred percent.&quot;</P>
<P ALIGN="JUSTIFY"><LI>As amended hereby, the Plan is specifically ratified and reaffirmed.</LI></P></OL>
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<B><P ALIGN="JUSTIFY">EXECUTED </B>this 24th day of May, 2007. </P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;<B>BJ SERVICES COMPANY</P>
</B><P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;<B>By:</B>&#9;/s/ <U>Margaret B. Shannon</P>
</U><P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;<B>Name:</B>&#9;Margaret B. Shannon</P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;<B>Title:</B>&#9;Vice President, General Counsel</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY"><FONT SIZE=1>3267082_1.DOC</P></FONT></BODY>
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