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This excerpt taken from the EOG DEF 14A filed Apr 4, 2008. Other
Stock-Based Awards
Under the 2008 Plan, the Compensation Committee may also grant
other types of equity-based or equity-related awards not
otherwise expressly contemplated by the 2008 Plan in such
amounts, and subject to such terms and conditions, as the
Compensation Committee shall determine. Such awards may be
designed to comply with or take advantage of the applicable laws
of jurisdictions other than the United States.
Each other stock-based award will be expressed in terms of
shares of our Common Stock or units based on shares of our
Common Stock, as determined by the Compensation Committee. The
Compensation Committee also may establish performance goals
relating to other stock-based awards. If the Compensation
Committee decides to establish performance goals, the number
and/or value
of such other stock-based awards that will be paid out to the
holder will depend on the extent to which such performance goals
are met.
Payment with respect to an other stock-based award may be made
in shares of our Common Stock or cash, as determined by the
Compensation Committee.
The Compensation Committee will determine the extent to which a
holder’s rights under an other stock-based award will be
affected by the holder’s termination of employment or other
separation from service with EOG.
Other terms and conditions applicable to other stock-based
awards may be determined by the Compensation Committee at the
time of grant.
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