Triton Energy Ltd – ‘10-K’ for 12/31/00 – EX-10.69

On:  Thursday, 3/15/01, at 4:25pm ET   ·   For:  12/31/00   ·   Accession #:  1009404-1-500010   ·   File #:  1-11675

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                        113±   519K 
 2: EX-10.69    Material Contract                                      2±     8K 
 3: EX-10.70    Material Contract                                     14±    64K 
 4: EX-12.1     Statement re: Computation of Ratios                    2±    11K 
 5: EX-12.2     Statement re: Computation of Ratios                    2±    12K 
 6: EX-21.1     Subsidiaries of the Registrant                         1      7K 
 7: EX-23.1     Consent of Experts or Counsel                          1      8K 
 8: EX-23.2     Consent of Experts or Counsel                          1      9K 
 9: EX-23.3     Consent of Experts or Counsel                          1      8K 

EX-10.69   —   Material Contract

                                                                   EXHIBIT 10.69

 TRITON EXPLORATION SERVICES, INC.
 6688 North Central Expressway, Suite 1400
 Dallas, Texas 75206

 December 19, 2000

Re:     Employment  Agreement  among yourself, Triton Exploration Services, Inc.
  and  Triton  Energy  Limited  (as  amended  or  modified  to date,
     including the amendment  and  restatement  dated  June 28,  2000, the
    "Agreement"; capitalized terms  used  in  this letter shall have the
meanings set forth in the Agreement)                            

Dear:                                                                           

     This letter will evidence our agreement to amend the Agreement as set forth
herein. Section 4.3-2 of the Agreement is hereby amended to read in its entirety
as  follows:                                                                    

     "4.3-2  In  lieu  of  any  further salary or bonus payments to Employee for
periods subsequent to the Date of Termination, an amount equal to the product of
(a)  the  number  three  (3)  times (b) the sum of (i) the highest of Employee's
annual  base  salary  in  effect  at any time from the three (3) years prior to,
through  and including, the Date of Termination plus (ii) the greater of (x) the
highest  of the aggregate bonuses paid to Employee during any fiscal year all or
a  part  of  which  was  included in the foregoing three year period and (y) 15%
times  the  highest  of Employee's annual base salary in effect at any time from
the  three  years  prior to, through and including, the Date of Termination plus
(iii)  the  highest  of  the  aggregate  contributions  made  by the Employer on
Employee's  behalf  in respect of Employee's participation in any 401(k) plan or
plans of the Employer during any fiscal year all or a part of which was included
in  the  foregoing  three  year  period;"                                       

     Except as expressly set forth in this letter, the Agreement shall remain in
full force and effect.                                                          

Please acknowledge your agreement with the foregoing by signing below.

                   Very truly yours,

                                   Triton Exploration Services, Inc.

                                   By: _____________________________
                                            James C.Musselman, President and
                                   Chief Executive Officer

Acknowledged  and  Agreed:                                                      

__________________________________                                              

Acknowledged  and  Agreed  by  Triton  Energy  Limited,  as  guarantor          
of  Triton  Exploration  Services,  Inc.                                        

Triton  Energy  Limited                                                         

By:  ________________________________                                           
James C. Musselman, President and                                 
Chief Executive Officer                                           

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing		Date		Other Filings
Filed on:		3/15/01
For Period End:		12/31/00		11-K
		12/19/00
		6/28/00
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