THIS EMPLOYMENT AGREEMENT (the "Agreement") is entered into this ____ day of December, 1998, by
and between TEXAS EASTERN PRODUCTS PIPELINE COMPANY, ("TEPPCO") a Delaware corporation
with its principal executive offices in Houston, Texas and __________________("Executive").
WHEREAS, Executive is now and for a number of years has been in the employ of TEPPCO and TEPPCO
desires to continue the employment of Executive and to receive the benefit of the Executive's knowledge,
experience, reputation and contacts, and
WHEREAS, the parties desire that this Agreement set forth the terms and conditions of Executive's employment
by TEPPCO and that it represents the entire agreement of the parties with respect to that subject;
NOW, THEREFORE, in consideration of the premises and of the mutual covenants contained herein, the receipt
and sufficiency of which are hereby acknowledged, the parties agree as follows:
1. Employment. TEPPCO hereby employs Executive, and Executive hereby accepts to continue such
employment, upon the terms and conditions set forth herein.
2. Position and Duties.
(a) Position. At all times during the term of employment under this Agreement, Executive shall hold a position of
responsibility and importance with the functions, duties and responsibility of _________ of TEPPCO. It is
expressly understood that nothing in the immediately foregoing sentence shall preclude the Chief Executive Officer
("CEO") from making such organizational and reporting changes as well as promotions as the CEO may in good
faith deem desirable for the good of TEPPCO.
(b) Duties. Executive's duties shall include, in addition to those enumerated in the charter and bylaws of
TEPPCO, managing such functions or segments of TEPPCO's business as may be directed from time-to-time by
the CEO. Executive acknowledges and agrees that whatever his duties hereunder may be he owes TEPPCO a
duty of loyalty, fidelity and allegiance to act at all times in the best inter