QuickLinks -- Click here to rapidly navigate through this document
FOREST OIL CORPORATION
AMENDED AND RESTATED 2005 SALARY DEFERRED COMPENSATION PLAN
December 31, 2004
Forest Oil Corporation (the "Company") hereby amends and restates in its entirety the Forest Oil Amended and Restated
2005 Salary Deferred Compensation Plan (the "Plan") for the purpose of providing the terms of an unfunded deferred
compensation plan for a select group of management, highly compensated employees, directors and persons who have been
management, highly compensated employees or directors of Company who may elect, pursuant to the Deferral Elections, to
defer certain compensation otherwise due to them. It is intended that the Plan constitute an unfunded "top hat plan" for
purposes of the Employee Retirement Income Security Act of 1974, as amended. The Plan will be administered and construed in
accordance with Section 409A of the Code and any administrative guidance issued thereunder.
The following terms used in the Plan shall have the meanings set forth below:
(a) " Affiliate " means, with respect to the Company, any entity directly or indirectly controlling, controlled by, or
under common control with, the Company or any other entity designated by the Board in which the Company or an
Affiliate has an interest.
(b) " Beneficiary " shall mean any person, persons, trust or other entity designated by a Participant to receive
benefits, if any, under the Plan upon such Participant's death. No designation or change in designation of a Beneficiary
shall be effective until received and acknowledged in writing by the Committee or its designated agent.
(c) " Board " shall mean the Board of Directors of the Company.
(d) " Change in Control " shall mean any of the following:
(i) Change in Ownership. Any one person, or more than one person acting as a group (as defined in
person or group, con