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FORM OF AMENDMENT NO.1 TO CHANGE OF CONTROL AGREEMENT

Change of Control Agreement

FORM OF AMENDMENT NO.1 TO CHANGE OF CONTROL AGREEMENT | Document Parties: Hanover Compressor Company You are currently viewing:
This Change of Control Agreement involves

Hanover Compressor Company

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Title: FORM OF AMENDMENT NO.1 TO CHANGE OF CONTROL AGREEMENT
Date: 8/23/2007

FORM OF AMENDMENT NO.1 TO CHANGE OF CONTROL AGREEMENT, Parties: hanover compressor company
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EXHIBIT 10.20
AMENDMENT NO. 1 TO
CHANGE OF CONTROL AGREEMENT
      THIS AMENDMENT NO. 1 TO CHANGE OF CONTROL AGREEMENT (the “Amendment”) is dated as of August [ ], 2007, by and between Hanover Compressor Company (the “Company”) and [ ] (“Executive”).
RECITALS :
  1.   The Company and Executive entered into a Change of Control Agreement dated as of [July 29, 2005] (the “Agreement”).
 
  2.   The Company and Executive wish to amend the Agreement in certain respects, including to allow the Company and its successor to benefit from a longer period of transition services provided by the Executive following the occurrence of an event constituting Good Reason (as defined in the Agreement) and to remove the Executive’s obligation to provide the Company with a notice of termination within 30 days following the occurrence of an event constituting Good Reason.
     NOW, THEREFORE, the parties agree to amend the Agreement as follows:
  1.   The following shall be substituted for the fi

 
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