Enable Midstream Partners, LP - FORM 10-K - EX-10.20 - EXHIBIT 10.20 - February 17, 2016

Attached files

file filename
EX-21.1 - EXHIBIT 21.1 - Enable Midstream Partners, LPa2015enbl10-kxex211.htm
EX-32.1 - EXHIBIT 32.1 - Enable Midstream Partners, LPa2015enbl10-kxex321.htm
EX-31.2 - EXHIBIT 31.2 - Enable Midstream Partners, LPa2015enbl10-kxex312.htm
EX-12.1 - EXHIBIT 12.1 - Enable Midstream Partners, LPa2015enbl10-kxex121.htm
EX-31.1 - EXHIBIT 31.1 - Enable Midstream Partners, LPa2015enbl10-kxex311.htm
EX-23.1 - EXHIBIT 23.1 - Enable Midstream Partners, LPa2015enbl10-kxex231.htm
EX-32.2 - EXHIBIT 32.2 - Enable Midstream Partners, LPa2015enbl10-kxex322.htm
EX-10.23 - EXHIBIT 10.23 - Enable Midstream Partners, LPa2015enbl10-kxex1023.htm
EX-10.22 - EXHIBIT 10.22 - Enable Midstream Partners, LPa2015enbl10-kxex1022.htm
EX-10.21 - EXHIBIT 10.21 - Enable Midstream Partners, LPa2015enbl10-kxex1021.htm
EX-10.24 - EXHIBIT 10.24 - Enable Midstream Partners, LPa2015enbl10-kxex1024.htm
10-K - 10-K - Enable Midstream Partners, LPa2015enbl10-k.htm
EX-10.25 - EXHIBIT 10.25 - Enable Midstream Partners, LPa2015enbl10-kxex1025.htm
Exhibit 10.20


November 30, 2015



Peter B. Delaney
One Leadership Square, Suite 150
211 North Robinson Avenue
Oklahoma City, Oklahoma 73102
Dear Mr. Delaney:
You are currently serving as interim President and Chief Executive Officer of Enable GP, LLC (the “General Partner”), the general partner of Enable Midstream Partners, LP (the “Partnership”), through December 31, 2015. You are currently employed by OGE Energy Corp. (“OGE”), but you will retire from OGE on December 1, 2015. Upon your retirement from OGE, you will be employed by Enable Midstream Services, LLC (the “Company”), a wholly-owned subsidiary of the Partnership, while you continue to serve as interim President and Chief Executive Officer of the General Partner. The purpose of this letter agreement (the “Agreement”) is to set forth the terms of your employment with the Company from December 1, 2015 through December 31, 2015 (the “Term”).
1.
Title and Duties. As interim President and Chief Executive Officer of the General Partner, you will continue to report directly to the General Partner’s Board of Directors. Your duties, powers, and responsibilities will continue to include those commensurate with such title and other duties, powers, and responsibilities as the Board of Directors may assign to you.
2.
Compensation. During the Term, your compensation shall consist solely of a salary of $100,000, payable on or before December 31, 2015, subject to applicable withholding for federal, state and local income and employment taxes.
3.
Benefits. By signing this Agreement, you knowingly and voluntarily waive all rights you may have to participate in the Company’s and the Partnership’s benefit and incentive compensation plans.
4.
Term. You will be an “at-will” employee of the Company during the Term. Your employment with the Company will terminate at the end of the last day of the Term when you cease to be the interim President and Chief Executive Officer of the General Partner.

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Exhibit 10.20

Please countersign this Agreement to confirm your understanding of and agreement with the terms set forth herein.
Sincerely,

Enable Midstream Services, LLC


By:__/s/ Rodney J. Sailor______________________
Rodney J. Sailor
Executive Vice President & Chief Financial Officer

Acknowledgement and Acceptance


_____/s/ Peter B. Delaney______________________    
Peter B. Delaney

_____November 30, 2015______________________
Date




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Enable Midstream Partners, LP Reports