BP (BP)

Pensions

        Executive directors are eligible to participate in the appropriate pension schemes applying in their home countries.

Benefits and Other Share Schemes

        Executive directors are eligible to participate in regular employee benefit plans and in all-employee share schemes and savings plans applying in their home countries. Benefits in kind are not pensionable.

Resettlement Allowance

        Expatriates may receive a resettlement allowance for a limited period.

3.     PENSIONS

The Executive is entitled to continue to be a member of The BP Pension Scheme (the "Pension Scheme") subject to its terms. The Executive is entitled to benefits under the Pension Scheme in accordance with the separate arrangements made between the Company and the trustees of the Pension Scheme for the benefit of the Executive and as notified to him from time to time by the Company.

Pensions

        Executive directors are eligible to participate in the appropriate pension schemes applying in their home countries.

Benefits and Other Share Schemes

        Executive directors are eligible to participate in regular employee benefit plans and in all-employee share schemes and savings plans applying in their home countries. Benefits in kind are not pensionable.

Resettlement Allowance

        Expatriates may receive a resettlement allowance for a limited period.